Governance
Board of Directors
Board Independence, Expertise, and Diversity Status
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Board Independence/Expertise/Diversity | Independence | Ratio of Outside Directors on the Board | % | 57.1 | 57.1 | 57 |
| Separation of CEO and Board Chair | Separation Status | Separated | Separated | Separated | ||
| Limit on Concurrent Positions | Number | 1 | 1 | 1 | ||
| Expertise | Directors with Industry Experience | % | 42.85 | 42.85 | 57 | |
| Financial Experts | Person | 2 | 2 | 2 | ||
| Diversity | Board Diversity Policy | Policy Status | Yes | Yes | Yes | |
| Female Directors | % | 14.3 | 14.3 | 14 | ||
| Efficiency | Average Tenure | Years | 6.3 | 5.6 | 4.7 | |
| Attendance Rate | % | 96.8 | 96.7 | 100 | ||
(As of March 31, 2025)
Board and Committee Meetings Status
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Board Meetings Status | Meetings Held | Number of Meetings | Times | 15 | 13 | 12 |
| Reports and Resolutions | Number of Reports | Cases | 20 | 24 | 21 | |
| Number of Resolutions | Cases | 35 | 28 | 41 | ||
| Opinions on Agenda Items | Approval | Cases (%) | 34(97.1) | 28(100) | 41(100) | |
| Opposition | Cases (%) | 0(0) | 0(0) | 0(0) | ||
| Modification | Cases (%) | 0(0) | 0(0) | 0(0) | ||
| Abstention | Cases (%) | 0(0) | 0(0) | 0(0) | ||
| Postponement | Cases (%) | 1(2.9) | 0(0) | 0(0) | ||
| Board Committees | Personnel Committee | Number of Members | Person | 3 | 3 | 3 |
| Ratio of Outside Directors | % | 66.7 | 66.7 | 66.7 | ||
| Number of Meetings Held | Times | 5 | 4 | 5 | ||
| Attendance Rate | % | 80 | 92 | 100 | ||
| Number of Resolutions | Cases | 0 | 0 | 0 | ||
| Number of Reports/Reviews | Cases | 10 | 9 | 13 | ||
| ESG Committee | Number of Members | Person | 3 | 3 | 3 | |
| Ratio of Outside Directors | % | 66.7 | 66.7 | 66.7 | ||
| Number of Meetings Held | Times | 4 | 8 | 8 | ||
| Attendance Rate | % | 100 | 96 | 96 | ||
| Number of Resolutions | Cases | 1 | 1 | 1 | ||
| Number of Reports/Reviews | Cases | 7 1) | 16 | 15 | ||
| Outside Director Candidate Recommendation Committee | Number of Members | Person | 3 | 3 | 4 | |
| Ratio of Outside Directors | % | 100 | 100 | 100 | ||
| CEO Participation | Status | Not Participated | Not Participated | Not Participated | ||
| Number of Meetings Held | Times | 2 | 2 | 3 | ||
| Attendance Rate | % | 100 | 100 | 100 | ||
| Number of Resolutions | Cases | 1 | 1 | 3 | ||
| Number of Reports | Cases | 1 | 1 | 2 | ||
| Audit Committee | Number of Members | Person | 3 | 3 | 3 | |
| Ratio of Outside Directors | % | 100 | 100 | 100 | ||
| Financial Expertise of the Chair | Possession Status | Yes | Yes | Yes | ||
| Number of Financial Experts | Person | 2 | 2 | 2 | ||
| Number of Meetings Held | Cases | 11 | 13 | 11 | ||
| Attendance Rate | % | 100 | 100 | 100 | ||
| Number of Resolutions | Cases | 17 | 13 | 28 | ||
| Number of Reports | Cases | 8 | 15 | 14 | ||
| Number of Opposed or Modified Opinions | Cases | 0 | 0 | 0 | ||
- 1) Retabulation due to incorrect entry of 2022 reported/reviewed agenda items.
Board Activities Evaluation
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Board Activities | Board Activities Evaluation | Overall Score | Out of 5 | 4.99 | 4.99 | 4.93 |
| Board Composition | Out of 5 | 5.00 | 5.00 | 4.91 | ||
| Board Roles | Out of 5 | 4.95 | 4.95 | 4.90 | ||
| Board Responsibilities | Out of 5 | 5.00 | 5.00 | 5.00 | ||
| Board Operations | Out of 5 | 5.00 | 5.00 | 4.94 | ||
| Committee Composition/Roles/Operations | Out of 5 | 5.00 | 5.00 | 4.90 | ||
Board Liability
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Board Liability | Liability Reduction for Outside Directors | Directors and Officers Liability Insurance | Subscription Status | Subscribed | Subscribed | Subscribed |
Board compensation and Major shareholders status
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Board Compensation | Inclusion of ESG in CEO Performance Indicators | Inclusion Status | Included | Included | Included | |
| Disclosure of Individual Compensation Criteria and Amount | Disclosure Status | Disclosed | Disclosed | Disclosed | ||
| Major shareholders status | National Pension Fund Stock Ratio | % | 6.8 | - | - | |
| Major Shareholder Stockholding Ratio | % | 72.2 | 72.2 | 72.2 | ||
Shareholder Rights Enhancement Activities
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Strengthening Shareholder Rights | Protecting Shareholder Rights | Disclosure of Dividend Policy | Disclosure Status | Disclosed | Disclosed | Disclosed |
| Date of Annual General Meeting | - | 2023.2.28 | 2024.2.27 | 2025.02.24 | ||
| Notice Date of General Meeting | - | 2023.3.23 | 2024.3.21 | 2025.03.20 | ||
| Promoting Voting Rights | Introduction of Electronic Voting | Implementation Status | Implemented | Implemented | Implemented | |
| Encouraging Proxy Voting for All Shareholders | Conduct Status | Conducted | Conducted | Conducted | ||
| Dividend | Cash dividend status | Interim dividend per share | KRW | 1000 (first implemented |
2,000 | 2,000 |
| Final dividend per share | KRW | 5,500 | 6,000 | 6,000 | ||
| Total cash dividends | KRW million | 58,338 | 71,800 | 71,890 | ||
Ethical Management
Ethics Education
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Ethics Education | Anti-corruption/Ethical Management Education | Training Hours per Person 1) | Hours | 3.5 | 5 | 5.2 |
| Participation Rate 2) | % | 99.5 | 99.7 | 100.0 | ||
| Non-Regular Employees Training | Inclusion | Included | Included | Included | ||
| Sexual Harassment Prevention and Workplace Bullying Prevention Training | Implementation | Implemented | Implemented | Implemented | ||
- 1) 2023 per capita training hours recalculated to include sexual harassment prevention and workplace bullying prevention education.
- 2) 2022 and 2023 training participants recalculated due to a change in the calculation standard.
Ethical Management Counseling, Reporting, and Action Status
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Ethical Counseling/Reporting | Ethical Management Report Reception | Employees | Cases | 0 | 1 | 1 |
| Business Partners | Cases | 2 | 3 | 0 | ||
| Customers | Cases | 4 | 4 | 3 | ||
| Others | Cases | 1 | 1 | 4 | ||
| Processing Results | Investigation (Audit) | Cases | 1 | 1 | 1 | |
| Transfer to Relevant Departments | Cases | 1 | 1 | 4 | ||
| Others (Dismissal, etc.) | Cases | 5 | 7 | 3 | ||
Compliance
Anti-Corruption and Anti-Competitive Actions and Violations
| Category | Unit | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Anti-Corruption and Anti-Competitive Actions and Violations | Anti-competitive Practices, Monopolies, Unfair Trade Practices | Cases | 0 | 0 | 0 | |
| Monetary Sanctions for Legal and Regulatory Violations | Cases | 0 | 0 | 0 | ||
| Lawsuits for Legal and Regulatory Violations | Cases | 0 | 0 | 0 | ||
| Fines and Settlements Related to Anti-Trust/Anti-Competitive Practices | KRW 100 million | 0 | 0 | 0 | ||
| Lawsuit Costs and Fines Due to Price Collusion | KRW 100 million | 0 | 0 | 0 | ||
| Legal Violations Related to Product/Service Information and Labeling | Cases | 0 | 0 | 0 | ||
| Legal Violations Related to Internal Transactions | Cases | 0 | 0 | 0 | ||
| Legal Violations Related to Subcontract Transactions | Cases | 0 | 0 | 0 | ||