Committees of Board of Directors
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
Unit: million KRW
| 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 pool
- 02 Verification of the Audit Committee Member Candidate Verification of legal requirements, professionalism, qualification, and experience
- 03 Recommendation of Independent Director Candidate Recommendation of an independent director candidate qualified to be 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
| Session | Date of Meeting (Y, M, D) |
Agenda | Approval Status |
|---|---|---|---|
| Session 4 | 2023.08.09 | ※ Report on Second Quarter 2023 Internal Audit performance | - |
| ※ Report on Second Quarter 2023 Financial performance | - | ||
| ※ External Auditor Reporting and communication | - | ||
| Session 3 | 2023.05.10 | No.1 : Appointment of the Chairman of the Audit Committee | Approved |
| No.2 : Revision of regulations of compliance monitoring and internal control management | Approved | ||
| ※ 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 | - | ||
| Session 2 | 2023.02.22 | No.1 : Review of 2022 Accounts settlement | Approved |
| ※ 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 | - | ||
| Session 1 | 2023.02.15 | No.1 : Approval of 2023 Internal audit plan | Approved |
| ※ 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 | - | ||
| Session 6 | 2022.11.09 | ※ 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 | - | ||
| Session 5 | 2022.09.27 | ※ Results of interim evaluation of Internal Accounting Management system | - |
| ※ Education of Audit committee members | - | ||
| Session 4 | 2022.08.10 | No.1 : Appointment of the head of the internal control organization | Approved |
| ※ 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 | - | ||
| Session 3 | 2022.05.09 | ※ 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 | - | ||
| Session 2 | 2022.02.22 | ※ 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 | - | ||
| Session 1 | 2022.02.16 | No.1 : Revision of regulations of compliance monitoring and internal control management | Approved |
| No.2 : Approval of 2022 Internal Audit Plan | Approved | ||
| ※ 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 | - | ||
| Session 6 | 2021.11.10 | ※ Report on Third Quarter 2021 Internal Audit performance | - |
| ※ Report on Third Quarter 2021 Financial performance | - | ||
| ※ External Auditor Reporting | - | ||
| Session 5 | 2021.09.29 | ※ 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 | - | ||
| 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 | 2021.01.27 | - 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 | - |
