Members of Audit Committee

Members of Audit Committee
Classification Name Date of Appointment
(Y, M, D)
Career
Outside Director
(chairman)
Lee, Choong Hoon 2021-01-04 Senior partner at Law Firm Lawvax
Outside Director Park, Chan Hi 2021-01-04 Professor 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 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
External Auditor
Year External Auditor Date of Appointment Audit Service Pay Non-audit Service Pay Auditor’s Opinion
2021 Deloitte Anjin
LLC
2021.03.16
(contract period 3years)
1,178 160 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 Outside Director Candidate Recommendation of an outside 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

Audit Committee Activities List
Session Date of Meeting
(Y, M, D)
Agenda Approval Status
Sessoin 1 2022.02.16 - Approval of 2022 Internal Audit Plan Approved
※ 2022 Audit Committee Meeting Plan -
※ Report on 2021 Internal Audit performance -
※ Operation status of internal control over financial reporting in 2021 -
※ Results of support for assessment operation status of internal control over financial reporting in 2021 -
※ Enactment of regulations of compliance monitoring and internal control management -
Sessoin 6 2021.11.10 ※ Report on Third Quarter 2021 Internal Audit performance -
※ Report on Third Quarter 2021 Financial performance -
※ External Auditor Reporting -
Sessoin 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 -