Members of Nomination and Remuneration Committee

Members of Nomination and Remuneration Committee
Classification Name Date of Appointment
(Y, M, D)
Career
Independent Director Kim, Il Yoon 2021-01-04 CEO of PIA
Independent Director Lee, Choong Hoon 2021-01-04 Senior partner at Law Firm Sijang
Independent Director Shin, Soo Jin 2022-03-24 Visiting professor at the Hankuk University of Foreign Studies
Inside Director Ma, Changmin 2021-01-04 CEO, Division Director of DL E&C Co., Ltd

Major Responsibilities of Nomination and Remuneration Committee

Nomination and Remuneration Committee is organized to recommend the company’s independent director candidates and establish the compensation policy and ensure the compensation level. The committee is responsible for reviewing the quality and capabilities of independent director candidates and deciding the candidates to recommend to the general meeting of shareholders. It also responsible for deciding the remuneration limits of registered directors to submit shareholder meeting and deliberating on the company’s performance assessment and remuneration system.

Nomination and Remuneration Committee Regulations

Nomination and Remuneration Committee Regulations Download
Nomination and Remuneration Committee is a committee that has the role of recommending candidates for independent directors in accordance with Article 542-8 (4) of the Commercial Act, and for this purpose, it meets the requirements for a quorum for independent directors.

Nomination and Remuneration Committee Activites

Nomination and Remuneration Committee was newly established on March 24th, 2022 by combining compensation committee and nominating committee for independent directors and thus has no activities so far. The operation status of former) compensation committee and former) nominating committee for independent directors is as follows:

(Former)Independent Director Candidate Recommendation Committee Activities

(Former)Independent Director Candidate Recommendation Committee Activities List
Session Date of Meeting
(Y, M, D)
Agenda Approval Status
Session 1 2022.02.17 No.1 : Appointment of the Chairman of the Independent Director Candidate Recommendation Committee Approved
No.2 : Recommendation of Independent Director Candidates for 2022 Approved

(Former)Remuneration Committee Activites

(Former)Remuneration Committee Activites List
Session Date of Meeting
(Y, M, D)
Agenda Approval Status
Session 2 2022.02.11 No.1 : Approval of adjustment for Independent Director for 2022 Approved
Session 1 2022.01.20 No.1 : Approval of executive remuneration limit (FY2022) Approved
No.2 : Payment for 2021 performance incentives Approved
Session 1 2021.01.22 No.1 : Appointment of the Chairman of the Remuneration Committee Approved
No.2 : Payment for 2020 performance incentives Approved
No.3 : Approval of adjustment for executive remuneration Approved