Members of Nomination and Remuneration Committee

Members of Nomination and Remuneration Committee
Classification Name Date of Appointment
(Y, M, D)
Career
Independent Director Shin, Jae Yong 2023-03-23 Professor of Business school at Seoul National University
Independent Director Kim, Il Yoon 2021-01-04 CEO of PIA
Inside Director Ma, Chang Min 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

(Former)Independent Director Candidate Recommendation Committee Activities List
Session Date of Meeting
(Y, M, D)
Agenda Approval Status
Session 2 2023.02.15 No.1 : Recommendation of Outside Director Candidates for 2023 Approved
Session 1 2023.01.18 No.1 : Appointment of the Chairman of the Nomination and Remuneration Committee Approved
No.2 : Approval of director remuneration limit (FY2023) Approved
No.3 : Amendment of regulations for the payment of retirement allowance for executives  Approved
No.4 : Payment for 2022 performance encouragement incentives Deliberation
※ Report on director remuneration performance in 2022 -
※ Report on Independent Director Candidates -

(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