Members of Audit Committee
Classification | Name | Date of Appointment (Y, M, D) |
Career |
---|---|---|---|
Independent Director (Chair of the Committee) |
Shin, Jae Yong | 2023.03.23 | Professor of Business school at Seoul National University |
Independent Director | In, Soh young | 2024.03.21 | Professor of Engineering school at KAIST |
Independent Director | Namgung, Ju Hyun | 2024.03.21 | Professor of Law school at Sungkyunkwan University |
Major Responsibilities of the Audit Committee
The Audit committee is a committee within the board of directors, established to conduct audits in accordance with the relevant laws and the company’s articles of incorporation. The committee supervises the legitimacy of performance of directors and management, examines the validity of financial management and facilitates the selection of external auditors.
External Auditor
Year | External Auditor | Date of Appointment | Audit Service Pay | Non-audit Service Pay | Auditor’s Opinion |
---|---|---|---|---|---|
2023 | Deloitte Anjin LLC | 2021.03.16 (contract period 3 years) |
1,328 | 237 | Appropriate |
2022 | Deloitte Anjin LLC | 2021.03.16 (contract period 3 years) |
1,269 | 40 | Appropriate |
2021 | Deloitte Anjin LLC | 2021.03.16 (contract period 3 years) |
1,178 | 200 | Appropriate |
Procedure for Appointing Audit Committee Members
01 Selection of Audit Committee Member Candidate
Utilization of internal and external manpower pool02 Verification of the Audit Committee Member Candidate
Verification of legal requirements, professionalism, qualification, and experience03 Recommendation of Independent Director Candidate
Recommendation of an independent director candidate qualified to be an audit committee member04 Board of Directors
Resolution of agenda regarding recommended candidates for audit committee member05 General Shareholders’ Meeting
Final appointment of the Audit Committee Member
Audit Committee Regulations
Audit Committee Activities
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Session 22024.02.28
No.1 : Review of 2023 Accounts settlement Approved
※ Operation status of Internal Accounting Management system in 2023(Re-report) -
※ Operation plan of separate/consolidated Internal Accounting Management system in 2024 -
※ External Auditor Reporting and communication -
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Session 12024.02.14
No.1 : Approval of 2024 Internal Audit Plan Approved
※ 2024 Audit Committee Meeting Plan -
※ Report on 2023 Internal Audit performance -
※ Report on operation status of separate/consolidated Internal Accounting Management system in 2023 -
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Session 72023.12.14
No.1 : Appointment of external auditor Approved
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Session 62023.11.08
※ Report on Third Quarter 2023 Internal audit performance -
※ Report on Third Quarter 2023 Financial performance -
※ External auditor appointment plan in 2024 -
※ External Auditor Reporting and communication -
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Session 52023.09.27
※ Interim operation results of the consolidated Internal Accounting Management System in 2023 -
※ Education of Audit committee members -
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Session 42023.08.09
※ Report on Second Quarter 2023 Internal Audit performance-
※ Report on Second Quarter 2023 Financial performance-
※ External Auditor Reporting and communication-
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Session 32023.05.10
No.1 : Appointment of the Chairman of the Audit CommitteeApproved
No.2 : Revision of regulations of compliance monitoring and internal control managementApproved
※ Report on First Quarter 2023 Internal Audit performance-
※ Report on First Quarter 2023 Financial performance-
※ Report on status of structuring the consolidated Internal Accounting Management system-
※ External Auditor Reporting and communication-
※ Evaluation of audit results by external auditor in 2022-
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Session 22023.02.22
No.1 : Review of 2022 Accounts settlementApproved
※ Operation status of Internal Accounting Management system in 2022(Re-report)-
※ Results of support for assessment operation status of Internal Accounting Management system in 2022(Additional Report)-
※ Operation plan of Internal Accounting Management system in 2023-
※ Report on structuring the consolidated Internal Accounting Management system-
※ External Auditor Reporting and communication-
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Session 12023.02.15
No.1 : Approval of 2023 Internal audit planApproved
※ 2023 Audit Committee Meeting Plan-
※ Report on 2022 Internal Audit performance-
※ Report on operation status of Internal Accounting Management system in 2022-
※ Results of support for assessment operation status of Internal Accounting Management system in 2022-
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Session 62022.11.09
※ Report on the Introduction of subcontract bond trust contracts-
※ Report on Third Quarter 2022 Internal audit performance-
※ Report on Third Quarter 2022 Financial performance-
※ Report on support preparation for accounting firms related to the evaluation of operation status of Internal Accounting Management system-
※ External Auditor Reporting and communication-
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Session 52022.09.27
※ Results of interim evaluation of Internal Accounting Management system-
※ Education of Audit committee members-
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Session 42022.08.10
No.1 : Appointment of the head of the internal control organizationApproved
※ Report on Second Quarter 2022 Internal Audit performance-
※ Report on Second Quarter 2022 Financial performance-
※ Report on the results of inspection of funds-related task-
※ External Auditor Reporting and communication-
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Session 32022.05.09
※ Report on First Quarter 2022 Internal Audit performance-
※ Report on First Quarter 2021 Financial performance-
※ Report on the progress of structuring the consolidated Internal Accounting Management system-
※ Report on compliance monitoring and ethical management education completion system-
※ External Auditor Reporting and communication-
※ Evaluation of audit results by external auditor in 2021-
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Session 22022.02.22
※ Operation status of Internal Accounting Management system in 2021(Re-report)-
※ Results of support for assessment operation status of Internal Accounting Management system in 2021(Additional Report)-
※ Operation plan of Internal Accounting Management system in 2022-
※ External Auditor Reporting and communication-
※ Assessment operation status of Internal Accounting Management system of the Audit Committee-
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Session 12022.02.16
No.1 : Revision of regulations of compliance monitoring and internal control managementApproved
No.2 : Approval of 2022 Internal Audit PlanApproved
※ 2022 Audit Committee Meeting Plan-
※ Report on 2021 Internal Audit performance-
※ Report on operation status of Internal Accounting Management system in 2021-
※ Results of support for assessment operation status of Internal Accounting Management system in 2021-
※ Enactment of regulations of compliance monitoring and internal control management-
※ Report on Directors And Officers Liability insurance-
※ Revision of legal risk regulations, Revision of operation regulations on compliance program, report on changes to compliance program manager-
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Session 62021.11.10
※ Report on Third Quarter 2021 Internal Audit performance-
※ Report on Third Quarter 2021 Financial performance-
※ External Auditor Reporting-
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Session 52021.09.29
※ Interim assessment of the report on the Audit Committee on internal control over financial reporting in 2020-
※ Preparation of support for assessment operation status of internal control over financial reporting-
※ Audit Committee responsibilites and role education-
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Session 4 2021.08.11
※ Report on Second Quarter 2021 Internal Audit performance -
※ Report on ISO 37001 (Anti-Bribery Management System) Certification Plan -
※ Report on Second Quarter 2021 Operating Status of Internal Accounting Management System -
※ Report on Second Quarter 2021 Financial performance-
※ External Auditor Reporting-
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Session 3 2021.05.12
※ Report on First Quarter 2021 Internal Audit performance -
※ ISO 37001 (Anti-Bribery Management System) Certification Plan -
※ Operating Status of Internal Accounting Management System for Q1 2021-
※ Report on First Quarter 2021 Financial performance -
※ Report on enactment and revision of Legal & Compliance Office's major regulations-
Enactment of regulations of internal accounting management Approved
Enactment of regulations of compliance monitoring and internal control managementApproved
※ Report on revision of the Audit Committee Regulations-
※ External Auditor Reporting -
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Session 2 2021.03.16
Appointment of external auditorApproved
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Session 12021.01.27
Appointment of the Chairman of the Audit Committee Approved
Approval of 2021 Internal Audit Plan Approved
※ Report on 2021 Audit Committee Meeting Plan -
※ Report on 2021 Internal accounting management system operation plan -