Members of Audit Committee

Members of Audit Committee
Classification Name Date of Appointment
(Y, M, D)
Career
Outside Director Lee, Choong Hoon 2021-01-04 Senior partner at Law Firm CM
Outside Director Park, Chan Hi 2021-01-04 Professor of the Dept. of Business Administration at Chung-Ang University
Outside Director Kim, Il Yoon 2021-01-04 CEO of PIA

Major Responsibilities of the Audit Committee

The Audit Committee is organized to conduct audits under the relevant laws and regulations and
the company’s articles of association.
The committee audits the Board in fulfilling its responsibilities and company’s accounting and
resolves the appointment of an external auditor.

External Auditor

External Auditor
Year External Auditor Date of Appointment Contract Period Auditor’s Opinion
2021 Deloitte Anjin LLC Mar. 16, 2021: approval of the Audit Committee 3 years -

Procedure for Appointing Audit Committee Members

  • 01 Selection of Audit Committee Member Candidate Utilization of internal and external manpower pool
  • 02 Verification of the Audit Committee Member Candidate Verification of legal requirements, professionalism, qualification, and experience
  • 03 Recommendation of Outside Director Candidate Recommendation of an outside director candidate Unqualified opinion for an audit committee member
  • 04 Board
    of
    Directors
    Resolution of agenda regarding recommended candidates for audit committee member
  • 05 General
    Shareholders’
    Meeting
    Final appointment of the Audit Committee Member
Audit Committee Regulations Download

Audit Committee Activities

Audit Committee Activities
Session Date of Meeting
(Y, M, D)
Agenda Approval Status
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 -
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 management Approved
※ Report on revision of the Audit Committee Regulations -
※ External Auditor Reporting -
Session 2 2021.03.16 Appointment of external auditor Approved
Session 1 2021.01.04 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 -