Home Investor Relations Management Information Board of Directors

Management Information

Hyosung Co., Ltd.

      BoD Composition

      BoD Composition table
      Title Name Term Career Highlights Recommender Liability coverage
      CEO Hyun-Joon Cho 2024.03.15 - 2026
      Annual General Meeting of Shareholders      		 (Current) Chairman of Hyosung Group
      (Current) CEO and Chairman of Hyosung Corporation       		Board of Directors Subscribed
      Yun-eun Whang 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) CEO and Vice Chairman of Hyosung Corporation, Head of Strategy Division
      (Former) Vice President overseeing Spandex operations at Hyosung’s China subsidiary       		Board of Directors Subscribed
      Full-time Directors Kwang-Oh Kim 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) Vice President of Hyosung Corporation, Head of Finance Division
      (Former) Senior Managing Director at Samil PwC       		Board of Directors Subscribed
      Outside Directors Dong-Chae Jeong 2024.03.15 - 2026
      Annual General Meeting of Shareholders      		 (Former) Advisor of the Democratic Party of Korea
      (Former) Member of the 15th-17th National Assembly, Minister of Culture, Sports and Tourism       		Outside Director Candidate Recommendation Committee Subscribed
      Ki-Woong Kim 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) Adjunct Professor, Graduate School of Journalism and Mass Communication, Hanyang University
      (Former) President & CEO, The Korea Economic Daily       		Outside Director Candidate Recommendation Committee Subscribed
      Byung-Hyun Cho 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) Representative attorney of Pyeong An Law Firm
      (Former) Chief Judge of the Seoul High Court       		Outside Director Candidate Recommendation Committee Subscribed
      Il-Ho Yoo 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) Advisor of Law Firm Class LLC
      (Former) Deputy Prime Minister of Economy and Minister of Economy and Finance       		Outside Director Candidate Recommendation Committee Subscribed
      Yun-Mo Sung 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) Distinguished Professor, Chung-Ang University
      (Current) Advisor, Kim & Chang Law Firm
      (Former) Minister of Trade, Industry and Energy
      (Former) Head of Economic Policy Coordination, Office for Government Policy Coordination Outside Director Nomination Committee       		Outside Director Candidate Recommendation Committee Subscribed
      So-Young Kim 2025.03.21 - 2027
      Annual General Meeting of Shareholders      		 (Current) Attorney at Kim & Chang Law Firm
      (Former) Associate Justice of the Supreme Court of Korea       		Outside Director Candidate Recommendation Committee Subscribed

      Board of Directors activities

      2024
      2024 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      11th Meeting
      (2024.11.29)      		 1. Approval of Transactions between Directors and the Company Approved Extraordinary 6/6
      10th Meeting
      (2024.10.31)      		 1. Approval of Transactions between Directors and the Company Approved Regular 6/6
      1. Report on Key Business Activities and Financial Statements for Q3
      2. Report on Resolutions of the Audit Committee for Q3
      3. Report on Resolutions of the ESG Management Committee for Q3
      4. Report on Resolutions of the Management Committee for Q3       		Reported
      9th Meeting
      (2024.9.25)      		 1. Approval of Transactions between Directors and the Company
      2. Approval of Special Service Award Payment       		Approved Extraordinary 6/6
      8th Meeting
      (2024.7.26)      		 1. Report on Key Business Activities and Financial Statements for Q2
      2. Report on the Operation and Evaluation of the Internal Accounting Control System for the First Half
      3. Report on Resolutions of the Compensation Committee for Q2
      4. Report on Resolutions of the Management Committee for Q2       		Reported Regular 5/6
      7th Meeting
      (2024.7.1)      		 1. Report on Spin-off Progress and Approval of the Notice Replacing the Spin-off General Meeting
      2. Appointment of Members to the Management Committee
      3. Approval of Transactions between Directors and the Company       		Approved Extraordinary 6/6
      6th Meeting
      (2024.5.30)      		 1. Approval of Amendment to the Spin-off Plan Approved Extraordinary 5/6
      5th Meeting
      (2024.5.10)      		 1. Approval of Treasury Stock Cancellation
      2. Approval of Treasury Stock Sale
      3. Approval of Amendment to the Spin-off Plan
      4. Establishment of the Compensation Committee under the Board of Directors
      5. Amendment to the Board of Directors' Operating Regulations
      6. Appointment of Members to the Compensation Committee
      7. Approval to Convene an Extraordinary General Meeting of Shareholders       		Approved Extraordinary 6/6
      4th Meeting
      (2024.4.26)      		 1. Report on Key Business Activities and Financial Statements for Q1
      2. Report on Resolutions of the Audit Committee for Q1
      3. Report on Resolutions of the Outside Director Nomination Committee for Q1
      4. Report on Resolutions of the ESG Management Committee for Q1
      5. Report on Resolutions of the Management Committee for Q1       		Reported Regular 6/6
      3rd Meeting
      (2024.3.16)      		 1. Appointment of the Chairperson of the Board of Directors
      2. Appointment of the CEO
      3. Appointment of Members to the ESG Management Committee
      4. Appointment of Members to the Outside Director Nomination Committee
      5. Appointment of Members to the Management Committee       		Approved Extraordinary 6/6
      2nd Meeting
      (2024.2.23)      		 1. Approval of the Spin-off Plan
      2. Determination of Record Date for the Extraordinary General Meeting of Shareholders
      3. Approval of Amendments to the 69th (FY2023) Financial Statements
      4. Determination of the Date, Venue, and Agenda Items for the 69th Annual General Meeting of Shareholders       		Approved Extraordinary 6/6
      1. Report on Transactions with Major Shareholders
      2. Evaluation Report on the Operation of the Internal Accounting Control System (Separate and Consolidated)       		Reported
      1st Meeting
      (2024.1.31)      		 1. Approval of 69th (FY2023) Financial Statements and Business Report
      2. Approval of Transactions between Directors and the Company
      3. Approval of the 2024 Safety and Health Plan       		Approved Regular 6/6
      1. Report on the Operation of the Internal Accounting Control System
      2. Report on Compliance Support Activities
      3. Report on Resolutions of the ESG Management Committee for Q4
      4. Report on Resolutions of the Management Committee for Q4       		Reported
      2023 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      8th Meeting
      (2023.12.29)      		 1. Approval of Transactions between Directors and the Company Approved Extraordinary 6/6
      7th Meeting
      (2023.10.27)      		 1. Approval of Transactions between Directors and the Company Approved Regular 6/6
      1. Report on Key Business Activities and Financial Statements for Q3
      2. Report on Resolutions of the ESG Management Committee for Q3
      3. Report on Resolutions of the Management Committee for Q3       		Reported
      6th Meeting
      (2023.10.13)      		 1. Approval to Participate in Paid-in Capital Increase of Hyosung Chemical Approved Extraordinary 6/6
      5th Meeting
      (2023.07.28)      		 1. Report on Key Business Activities and Financial Statements for Q2
      2. Report on the Operation and Evaluation of the Internal Accounting Control System for the First Half
      3. Report on Resolutions of the Management Committee for Q2       		Reported Regular 5/6
      4th Meeting
      (2023.4.28)      		 1. Report on Key Business Activities and Financial Statements for Q1
      2. Report on Resolutions of the Management Committee for Q1       		Reported Regular 6/6
      3rd Meeting
      (2023.03.18)      		 1. Appointment of the Chairperson of the Board of Directors
      2. Appointment of the CEO
      3. Appointment of Members to the ESG Management Committee
      4. Appointment of Members to the Outside Director Nomination Committee
      5. Appointment of Members to the Management Committee       		Approved Extraordinary 6/6
      2nd Meeting
      (2023.02.23)      		 1. Approval of Amendments to FY2022 Financial Statements
      2. Determination of the Date, Venue, and Agenda Items for the 68th Annual General Meeting of Shareholders
      3. Approval of Transactions between Directors and the Company       		Approved Extraordinary 6/6
      1. Report on Transactions with Major Shareholders
      2. Evaluation Report on the Operation of the Internal Accounting Control System       		Reported
      1st Meeting
      (2023.01.31)      		 1. Approval of FY2022 Financial Statements and Business Report
      2. Approval of the 2023 Safety and Health Plan       		Approved Regular 6/6
      1. Report on the Operation of the Internal Accounting Control System
      2. Report on Compliance Support Activities
      3. Report on Resolutions of the Audit Committee for Q4
      4. Report on Resolutions of the ESG Management Committee for Q4
      5. Report on Resolutions of the Management Committee for Q4       		Reported
      2022 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      6th Meeting
      (2022.10.27)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 3Q
      3. Report on the ESG Management Committee's resolution for 3Q       		Approved Regular 6/6
      5th Meeting
      (2022.07.29)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 2Q
      3. Status and evaluation report on internal accounting for the first half
      4. Report on the Management Committee's resolution for 2Q       		Approved Regular 6/6
      4th Meeting
      (2022.04.29)      		 1. Report on the most significant management activities and financial statements for 1Q
      2. Report on the Management Committee's resolution for 1Q       		Approved Regular 6/6
      3rd Meeting
      (2022.03.19)      		 1. Appointment of the CEO
      2. Appointment of ESG Management Committee members
      3. Appointment of Outside Director Candidate Recommendation Committee members
      4. Appointment of Management Committee members       		Approved Regular 6/6
      2nd Meeting
      (2022.02.25)      		 1. Approval of changes to the 67th-term financial statements for the year 2021
      2. Determination of the date, location, and purpose of the 67th AGM (2021)
      3. Report on details of transactions with majority shareholders
      4. Status and evaluation report on the internal control accounting systems       		Approved Regular 6/6
      1st Meeting
      (2022.01.26)      		 1. Approval of the 67th-term financial statements and business reports for the year 2021
      2. Approval of transactions between the Company and directors
      3. Approval of the safety and health plan for 2022
      4. Report on the internal control accounting systems
      5. Report on the results of compliance support activities
      6. Report on the ESG Management Committee's resolution for 4Q
      7. Report on the Management Committee's resolution for 4Q       		Approved Regular 6/6
      2021 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      6th Meeting
      (2021.10.29)      		 1. Approval of transactions between the Company and directors
      2. Appointment of Compliance Officer
      3. Report on the most significant management activities and financial statements for 3Q
      4. Report on the ESG Management Committee's resolution for 3Q
      5. Report on the Management Committee's resolution for 3Q       		Approved Regular 6/6
      5th Meeting
      (2021.07.30)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 2Q
      3. Status and evaluation report on internal accounting for the first half
      4. Report on the Transparent Management Committee's resolution for 2Q
      5. Report on the Management Committee's resolution for 2Q       		Approved Regular 6/6
      4th Meeting
      (2021.04.29)      		 1. Establishment of the ESG Management Committee under the BoD
      2. Appointment of additional member of the ESG Management Committee
      3. Report on the most significant management activities and financial statements for 1Q
      4. Report on the Transparent Management Committee's resolution for 1Q
      5. Report on the Management Committee's resolution for 1Q       		Approved Regular 6/6
      3rd Meeting
      (2021.03.20)      		 1. Appointment of the BoD chairman
      2. Appointment of the CEO
      3. Appointment of Outside Director Candidate Recommendation Committee members
      4. Appointment of Transparent Management Committee members
      5. Appointment of Management Committee members       		Approved Extraordinary 6/8
      2nd Meeting
      (2021.02.26)      		 1. Approval of changes to the 66th-term financial statements for the year 2020
      2. Determination of the date, location, and purpose of the 66th AGM (2020)
      3. Report on details of transactions with majority shareholders
      4. Status and evaluation report on the internal control accounting systems       		Approved Extraordinary 7/7
      1st Meeting
      (2021.01.29)      		 1. Approval of the 66th-term financial statements and business reports for the year 2020
      2. Report and notification of the end of the merger
      3. Approval of transactions between the Company and directors
      4. Approval of the safety and health plan for 2021
      5. Report on the internal control accounting systems
      6. Report on the results of compliance support activities
      7. Report on the Transparent Management Committee's resolution for 4Q
      8. Report on the Management Committee's resolution for 4Q       		Approved Regular 6/7
      2020 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      7th Meeting
      (2020.12.10)      		 1. Approval of the merger with Hyosung Transworld Approved Extraordinary 7/7
      6th Meeting
      (2020.10.30)      		 1. Resolution of small-scale merger with Hyosung Transworld
      2. Determination of the base date and closing period of the shareholder register
      3. Approval of transactions between the Company and directors
      4. Report on the most significant management activities and financial statements for 3Q
      5. Report on the Transparent Management Committee's resolution for 3Q
      6. Report on the Management Committee's resolution for 3Q       		Approved Regular 7/7
      5th Meeting
      (2020.07.31)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 2Q
      3. Status and evaluation report on the internal control accounting systems
      4. Report on the Management Committee's resolution for 2Q       		Approved Regular 7/7
      4th Meeting
      (2020.04.27)      		 1. Report on the most significant management activities and financial statements for 1Q
      2. Report on the Management Committee's resolution for 1Q       		Approved Regular 7/7
      3rd Meeting
      (2020.03.21)      		 1. Appointment of the CEO
      2. Appointment of Outside Director Candidate Recommendation Committee members
      3. Appointment of Transparent Management Committee members
      4. Appointment of Management Committee members
      5. Purchase of treasury shares       		Approved Extraordinary 7/8
      2nd Meeting
      (2020.02.20)      		 1. Approval of changes to the 65th-term financial statements for the year 2019
      2. Determination of the date, location, and purpose of the 65th AGM (2019)
      3. Approval of transactions between the Company and directors
      4. Status and evaluation report on the internal control accounting systems       		Approved Extraordinary 6/7
      1st Meeting
      (2020.01.31)      		 1. Approval of the 65th-term financial statements and business reports for the year 2019
      2. Approval of transactions between the Company and directors
      3. Report on details of transactions with majority shareholders
      4. Report on the internal control accounting system operations
      5. Report on the results of compliance support activities
      6. Report on the Transparent Management Committee's resolution for 4Q
      7. Report on the Audit Committee's resolution for 4Q
      8. Report on the Management Committee's resolution for 4Q       		Approved Regular 7/7
      2019 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      6th Meeting
      (2019.10.31)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 3Q
      3. Status and evaluation report on the internal control accounting systems
      4. Report on the Management Committee's resolution for 3Q       		Approved Regular 7/7
      5th Meeting
      (2019.07.31)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 2Q
      3. Report on the Management Committee's resolution for 2Q       		Approved Regular 6/7
      4th Meeting
      (2019.04.29)      		 1. Approval of transactions between the Company and directors
      2. Report on the most significant management activities and financial statements for 1Q
      3. Report on the Audit Committee's resolution for 1Q
      4. Report on the Management Committee's resolution for 1Q       		Approved Regular 7/7
      3rd Meeting
      (2019.03.16)      		 1. Appointment of the CEO
      2. Appointment of the BoD Chairman
      3. Appointment of Outside Director Candidate Recommendation Committee members
      4. Appointment of Transparent Management Committee members       		Approved Extraordinary 7/7
      2nd Meeting
      (2019.02.19)      		 1. Approval of changes to the 64th-term financial statements for the year 2018
      2. Modifications to the Articles of Incorporation
      3. Determination of the date, location, and purpose of the 64th AGM (2018)
      4. Status and evaluation report on the internal control accounting systems       		Approved Extraordinary 7/7
      1st Meeting
      (2019.01.29)      		 1. Approval of the 64th-term financial statements and business reports for the year 2018
      2. Approval of transactions between the Company and directors
      3. Revision of internal regulations
      4. Appointment of Compliance Officer
      5. Approval of details of transactions with majority shareholders
      6. Report on the internal control accounting system operations
      7. Report on the results of compliance support activities
      8. Report on the Transparent Management Committee's resolution for 4Q
      9. Report on the Management Committee's resolution for 4Q       		Approved Regular 6/7
      2018 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      10th Meeting
      (2018.10.26)      		 1. Approval of the takeover regarding the in-kind contribution
      2. Report on the most significant management activities and financial statements for 3Q
      3. Report on the Transparent Management Committee's resolution for 3Q
      4. Report on the Management Committee's resolution for 3Q       		Approved Regular 7/7
      9th Meeting
      (2018.07.26)      		 1. Report on the most significant management activities and financial statements for 2Q
      2. Status and evaluation report on the internal control accounting systems
      3. Report on the Transparent Management Committee's resolution for 2Q
      4. Report on the Management Committee's resolution for 2Q       		Approved Regular 7/7
      8th Meeting
      (2018.06.01)      		 1. Report on the progress of split-off and approval of notification of general meeting for the split-off
      2. Closure and establishment of branches
      3. Revision of the Rules for BoD Operation
      4. Approval of transactions between the Company and directors       		Approved Extraordinary 7/7
      7th Meeting
      (2018.05.23)      		 1. Approval of revisions in the appendix of the split-off plan Approved Extraordinary 6/7
      6th Meeting
      (2018.04.25)      		 1. Report on the most significant management activities and financial statements for 1Q
      2. Report on the Transparent Management Committee's resolution for 1Q
      3. Report on the Management Committee's resolution for 1Q       		Approved Regular 7/7
      5th Meeting
      (2018.03.24)      		 1. Appointment of the CEO
      2. Appointment of Outside Director Candidate Recommendation Committee members
      3. Appointment of Transparent Management Committee members
      4. Appointment of Management Committee members
      5. Enactment and revision of internal regulations       		Approved Extraordinary 7/7
      4th Meeting
      (2018.03.06)      		 1. Change of the BoD chairman Approved Extraordinary 7/7
      3rd Meeting
      (2018.02.22)      		 1. Approval of changes to the 63rd-term financial statements for the year 2017
      2. Determination of the date, location, and purpose of the 63rd AGM (2017)       		Approved Regular 7/7
      2nd Meeting
      (2018.02.06)      		 1. Approval of the 63rd-term financial statements and business reports for the year 2017
      2. Approval of details of transactions with majority shareholders
      3. Equity investment in Vietnam PP/DH Corporation
      4. Status and evaluation report on the internal control accounting systems
      5. Report on the results of compliance support activities
      6. Report on the Management Committee's resolution for 4Q
      7. Report on the Transparent Management Committee's resolution for 4Q       		Approved Regular 7/7
      1st Meeting
      (2018.01.03)      		 1. Approval of the split-off plan
      2. Approval of convening EGM
      3. Determination of the base date and closing period of the shareholder register
      4. Approval of the new internal regulation       		Approved Extraordinary 7/7
      2017 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      10th Meeting
      (2017.11.09)      		 1. Revision of the Rules for BoD Operation
      2. Revision of the Internal Accounting Regulations
      3. Approval of transactions between the Company and directors
      4. Report on the most significant management activities and financial statements for 3Q       		Approved Regular 7/7
      9th Meeting
      (2017.09.22)      		 1. Appointment of Outside Director Candidate Recommendation Committee members
      2. Establishment of the Transparent Management Committee
      3. Appointment of Transparent Management Committee members
      4. Report on the plan for strengthening the Audit Committee's roles and the independence of outside directors       		Approved Extraordinary 7/7
      8th Meeting
      (2017.09.01)      		 1. Change of director and auditor candidates at EGM Approved Extraordinary 4/6
      7th Meeting
      (2017.08.01)      		 1. Appointment of Outside Director Candidate Recommendation Committee members
      2. Recommendation of director candidates
      3. Determination of the date, location, and purpose of the 63rd EGM (2017)       		Approved Extraordinary 5/6
      6th Meeting
      (2017.07.20)      		 1. Approval of large-scale internal transactions
      2. Appointment of the BoD chairman
      3. Appointment of the CEO
      4. Report on management performance and major issues in 2Q       		Approved Regular 5/6
      5th Meeting
      (2017.04.25)      		 1. Appointment of the BoD chairman
      2. Approval of large-scale internal transactions
      3. Approval of transactions between the Company and directors
      4. Report on management performance and major issues in 1Q       		Approved Regular 6/6
      4th Meeting
      (2017.04.04)      		 1. Report and notification of the merger progress (Doomi Construction Co., Ltd.)
      2. Report and notification of the merger progress (Hyosung Engineering)
      3. Appointment of the CEO       		Approved Extraordinary 5/6
      3rd Meeting
      (2017.03.18)      		 1. Appointment of Outside Director Candidate Recommendation Committee members
      2. Appointment of Management Committee members       		Approved Extraordinary 6/6
      2nd Meeting
      (2017.02.17)      		 1. Approval of changes to the 62nd-term financial statements for the year 2016
      2. Approval of the small-scale merger (Doomi Construction Co., Ltd.)
      3. Approval of the small-scale merger (Hyosung Engineering)
      4. Approval of large-scale internal transactions
      5. Report on details of transactions with majority shareholders
      6. Audit report by the Audit Committee
      7. Determination of the date, location, and purpose of the 62nd AGM (2016)
      8. Recommendation of director candidates
      9. Recommendation of members of the Audit Committee       		Approved Regular 4/6
      1st Meeting
      (2017.02.02)      		 1. Approval of the 62nd-term financial statements and business reports for the year 2016
      2. Report on details of transactions with majority shareholders
      3. Status and evaluation report on the internal control accounting systems
      4. Report on compliance support activities
      5. Report on the Management Committee's resolution for 4Q       		Approved Regular 5/6
      2016 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks Outside Director Attendance
      7th Meeting
      (2016.12.27)      		 1. Approval of the extension of administrative proceeding by the principal creditor bank (workout) for Chinhung
      2. Large-scale internal transactions according to the extension of the Chinhung workout
      3. Approval of the small-scale merger (Doomi Construction Co., Ltd.)
      4. Approval of the small-scale merger (Hyosung Engineering)       		Approved Extraordinary 6/6
      6th Meeting
      (2016.10.25)      		 1. Approval of large-scale internal transactions
      2. Approval of large-scale internal transactions and transactions between the Company and directors
      3. Report on cumulative management performance and major issues in 3Q       		Approved Regular 6/6
      5th Meeting
      (2016.07.26)      		 1. Approval of large-scale internal transactions and transactions between the Company and directors
      2. Approval of transactions between the Company and directors
      3. Report on management performance and major issues for the first half       		Approved Regular 5/6
      4th Meeting
      (2016.04.26)      		 1. Large-scale internal transactions
      2. Approval of transactions between the Company and directors
      3. Report on management performance and major issues in 1Q       		Approved Regular 6/6
      3rd Meeting
      (2016.03.19)      		 1. Appointment of the CEO
      2. Appointment of Outside Director Candidate Recommendation Committee members
      3. Appointment of Management Committee members       		Approved Extraordinary 6/6
      2nd Meeting
      (2016.02.29)      		 1. Approval of changes to the 61st-term financial statements (statement of appropriated retained earnings) for the year 2015
      2. Determination of the date, location, and purpose of the 61st AGM (2015)
      3. Recommendation of director candidates
      4. Audit report by the Audit Committee       		Approved Regular 5/6
      1st Meeting
      (2016.02.03)      		 1. Approval of the 61st-term financial statements and business reports for the year 2015
      2. Approval of large-scale internal transactions
      3. Approval of transactions between the Company and directors
      4. Report on details of transactions with majority shareholders
      5. Status and evaluation report on the internal control accounting systems
      6. Report on compliance support activities
      7. Report on the Management Committee's resolution for 4Q       		Approved Regular 5/6
      2015 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      7th Meeting
      (2015.10.28)      		 1. Approval of large-scale internal transactions
      2. Approval of transactions between the Company and directors
      3. Report on cumulative management performance and major issues in 3Q       		Approved Regular
      6th Meeting
      (2015.07.27)      		 1. Report on management performance and major issues for the first half Approved Regular
      5th Meeting
      (2015.05.22)      		 1. Approval of large-scale internal transactions Approved Extraordinary
      4th Meeting
      (2015.04.28)      		 1. Report on management performance and major issues in 1Q Approved Regular
      3rd Meeting
      (2015.03.22)      		 1. Appointment of Outside Director Candidate Recommendation Committee members Approved Extraordinary
      2nd Meeting
      (2015.02.25)      		 1. Approval of changes to the 60th-term financial statements (statement of appropriated retained earnings) for the year 2014
      2. Determination of the date, location, and purpose of the 60th AGM (2014)
      3. Audit report by the Audit Committee
      4. Status and evaluation report on the internal control accounting systems       		Approved Regular
      1st Meeting
      (2015.02.04)      		 1. Approval of the 60th-term financial statements and business reports for the year 2014
      2. Approval of transactions between the Company and directors
      3. Approval of large-scale internal transactions
      4. Report on details of transactions with majority shareholders
      5. Status and evaluation report on the internal control accounting systems
      6. Report on compliance support activities
      7. Report on the Management Committee's resolution for 4Q       		Approved Regular
      2014 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      7th Meeting
      (2014.12.29)      		 1. Approval of the extension of the Chinhung workout
      2. Approval of large-scale internal transactions according to the extension of the Chinhung workout       		Approved Extraordinary
      6th Meeting
      (2014.10.28)      		 1. Approval of large-scale internal transactions
      2. Approval of transactions between the Company and directors
      3. Report on cumulative management performance and major issues in 3Q       		Approved Regular
      5th Meeting
      (2014.07.29)      		 1. Approval of large-scale internal transactions
      2. Approval of the revision of the Internal Accounting Regulations
      3. Report on management performance and major issues for the first half       		Approved Regular
      4th Meeting
      (2014.05.15)      		 1. Approval of transactions between the Company and directors Approved Extraordinary
      3rd Meeting
      (2014.04.29)      		 1. Approval of large-scale internal transactions
      2. Report on management performance and major issues in 1Q       		Approved Regular
      2nd Meeting
      (2014.03.21)      		 1. Appointment of the CEO
      2. Election of Outside Director Candidate Recommendation Committee members
      3. Appointment of Management Committee members
      4. Approval of holding more than one office (for directors): Outside Director Byung-joo Lee, sales manager in the auto parts business (Hyundai Mobis)       		Approved Extraordinary
      1st Meeting
      (2014.02.19)      		 1. Approval of the 59th-term financial statements and business reports for the year 2013
      2. Approval of large-scale internal transactions
      3. Approval of transactions between the Company and directors
      4. Determination of the date, location, and purpose of the 59th AGM
      5. Recommendation of director candidates
      6. Report on details of transactions with majority shareholders
      7. Status and evaluation report on the internal control accounting systems
      8. Report on compliance support activities
      9. Report on the Management Committee's resolution for 4Q       		Approved Regular
      2013 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      6th Meeting
      (2013.10.30)      		 1. Approval of large-scale internal transactions
      2. Approval of transactions between the Company and directors
      3. Report on cumulative management performance and major issues in 3Q 2013       		Approved Regular
      5th Meeting
      (2013.07.25)      		 1. Approval of transactions between the Company and directors
      2. Report on management performance and major issues for the first half       		Approved Regular
      4th Meeting
      (2013.04.30)      		 1. Approval of large-scale internal transactions
      2. Approval of transactions between the Company and directors
      3. Report on management performance and major issues in 1Q       		Approved Regular
      3rd Meeting
      (2013.03.25)      		 1. Increase in paid-in capital by issuing new stocks for Doomi Construction Co., Ltd. Approved Extraordinary
      2nd Meeting
      (2013.03.22)      		 1. Election of Outside Director Candidate Recommendation Committee members
      2. Election of Management Committee members       		Approved Extraordinary
      1st Meeting
      (2013.02.26)      		 1. Approval of the 58th-term financial statements and business reports for the year 2012
      2. Approval of transactions between the Company and directors
      3. Determination of the date, location, and purpose of the 58th AGM
      4. Recommendation of director candidates       		Approved Regular
      2012 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      11th Meeting
      (2012.12.28)      		 1. Approval of large-scale internal transactions Approved Extraordinary
      10th Meeting
      (2012.11.05)      		 1. Establishment of a new branch office in Pakistan for the Pakistan Gujrat S/S Construction project
      2. Appointment of Director Gwang-jae Kim, a Korean national, as General Manager/Project Manager of the branch office, and delegation of the following authorities (related to banking, contract, employment, legal affairs, document, and insurance)       		Approved Extraordinary
      9th Meeting
      (2012.10.25)      		 1. Report on cumulative management performance and major issues in 3Q 2012
      2. Approval of large-scale internal transactions
      3. Approval of transactions between the Company and directors
      4. Approval of the establishment of compliance control standards       		Approved Regular
      8th Meeting
      (2012.07.24)      		 1. Report on cumulative management performance and major issues in the first half of 2012
      2. Approval of large-scale internal transactions
      3. Approval of the establishment of a compliance support organization and its operational measures       		Approved Regular
      7th Meeting
      (2012.04.27)      		 1. Report on management performance and major issues in 1Q 2012
      2. Increase in paid-in capital by issuing new stocks for Galaxia Photonics       		Approved Regular
      6th Meeting
      (2012.03.21)      		 1. Collateral offer for Chinhung Approved Extraordinary
      5th Meeting
      (2012.03.19)      		 1. Debt-equipty swap for Chinhung Approved Extraordinary
      4th Meeting
      (2012.03.16)      		 1. Election of the CEO
      2. Election of Outside Director Candidate Recommendation Committee members
      3. Appointment of Management Committee members       		Approved Extraordinary
      3rd Meeting
      (2012.03.13)      		 1. Issuance of loan for Chinhung Approved Extraordinary
      2nd Meeting
      (2012.02.17)      		 1. Approval of the 57th-term financial statements and business reports for the year 2011
      2. Determination of the date, location, and purpose of the 57th AGM
      3. Recommendation of director candidates       		Approved Regular
      1st Meeting
      (2012.01.30)      		 1. Approval of large-scale internal transactions with affiliates in 4Q 2011 Approved Extraordinary
      2011 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      18th Meeting
      (2011.12.29)      		 1. Approval of large-scale internal transactions with affiliates in 2012 Approved Extraordinary
      17th Meeting
      (2011.12.26)      		 1. Opening of a new account in the Philippines
      2. Change of the branch representative in the Philippines and delegation of authority       		Approved Extraordinary
      16th Meeting
      (2011.12.21)      		 1. Opening of a new Woori Bank account in Bangladesh
      2. Designation of an agent in Woori Bank Bangladesh and delegation of authority       		Approved Extraordinary
      15th Meeting
      (2011.10.27)      		 1. Approval of large-scale internal transactions with affiliates in 3Q and 4Q 2011 Approved Extraordinary
      14th Meeting
      (2011.10.17)      		 1. Report on cumulative management performance and major issues in 3Q 2011 Approved Regular
      13th Meeting
      (2011.07.28)      		 1. Approval of large-scale internal transactions with affiliates in 2Q 2011 Approved Extraordinary
      12th Meeting
      (2011.07.26)      		 1. Report on management performance and major issues for the first half of 2011 Approved Regular
      11th Meeting
      (2011.06.02)      		 1. Increase in paid-capital by issuing new stocks and collateral offer for Floating Island Approved Extraordinary
      10th Meeting
      (2011.05.24)      		 1. Issuance of loan for Chinhung and revision of terms and conditions Approved Extraordinary
      9th Meeting
      (2011.05.19)      		 1. Approval of workout for Chinhung
      2. Approval of loan issuance for Chinhung       		Approved Extraordinary
      8th Meeting
      (2011.05.18)      		 1. Increase in paid-capital by issuing new stocks for Galaxia Photonics Approved Extraordinary
      7th Meeting
      (2011.05.02)      		 1. Issuance of loan for Chinhung Approved Extraordinary
      6th Meeting
      (2011.04.29)      		 1. Report on management performance and major issues in 1Q 2011 Approved Regular
      5th Meeting
      (2011.03.31)      		 1. Issuance of loan for Chinhung Approved Extraordinary
      4th Meeting
      (2011.03.18)      		 1. Election of Outside Director Candidate Recommendation Committee members
      2. Appointment of Management Committee members       		Approved Extraordinary
      3rd Meeting
      (2011.03.02)      		 1. Issuance of loan for Chinhung Approved Extraordinary
      2nd Meeting
      (2011.02.21)      		 1. Approval of the 56th-term financial statements and business reports for the year 2010
      2. Determination of the date, location, and purpose of the 56th AGM
      3. Recommendation of director candidates       		Approved Extraordinary
      1st Meeting
      (2011.01.07)      		 1. Designation of a branch representative in the Philippines and delegation of authority Approved Extraordinary
      2010 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      11th Meeting
      (2010.12.28)      		 1. Approval of large-scale internal transactions with affiliates in 2011 Approved Extraordinary
      10th Meeting
      (2010.12.14)      		 1. Establishment of a branch office in the Philippines Approved Extraordinary
      9th Meeting
      (2010.11.30)      		 1. Redemption of the loan for the Hyosung apartment project financing in Haenggu-dong, Wonju
      2. Approval of debt forgiveness for Hyosung Construction       		Approved Extraordinary
      8th Meeting
      (2010.10.23)      		 1. Report on management performance and major issues between January and September 2010
      2. Approval of purchasing a memorial hall in Myeongnyun-dong (transaction with Director Seong-nae Jo)       		Approved Regular
      7th Meeting
      (2010.10.12)      		 1. Approval of large-scale internal transactions with Hyosung Ebara in 3Q and 4Q 2010 Approved Extraordinary
      6th Meeting
      (2010.09.20)      		 1. Increase in paid-capital by issuing new stocks for Galaxia Photonics Approved Extraordinary
      5th Meeting
      (2010.07.30)      		 1. Acquisition of HEC shares from Ebara Approved Extraordinary
      4th Meeting
      (2010.07.23)      		 1. Report on management performance and major issues for the first half of 2010
      2. Approval of large-scale internal transactions in 3Q and 4Q 2010       		Approved Regular
      3rd Meeting
      (2010.04.23)      		 1. Report on management performance and major issues in 1Q 2010 Approved Regular
      2nd Meeting
      (2010.03.19)      		 1. Election of the CEO
      2. Election of Outside Director Candidate Recommendation Committee members
      3. Election of Management Committee members       		Approved Extraordinary
      1st Meeting
      (2010.02.11)      		 1. Approval of the 55th-term financial statements and business reports for the year 2009
      2. Determination of the date, location, and purpose of the 55th AGM
      3. Recommendation of director candidates
      4. Sale of Gumi Plant 4       		Approved Regular
      2009 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      6th Meeting
      (2009.10.28)      		 1. Report on cumulative management performance and major issues in 3Q 2009 Approved Regular
      5th Meeting
      (2009.07.24)      		 1. Report on management performance and major issues for the first half of 2009 Approved Regular
      4th Meeting
      (2009.04.27)      		 1. Report on management performance and major issues in 1Q 2009 Approved Regular
      3rd Meeting
      (2009.04.14)      		 1. Increase in paid-in capital through public offering of Chinhung Approved Extraordinary
      2nd Meeting
      (2009.03.23)      		 1. Election of Outside Director Candidate Recommendation Committee members
      2. Election of Management Committee members       		Approved Extraordinary
      1st Meeting
      (2009.02.18)      		 1. Approval of the 54th-term financial statements and business reports for the year 2008
      2. Determination of the date, location, and purpose of the 54th AGM
      3. Recommendation of director candidates       		Approved Regular
      2008 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      5th Meeting
      (2008.10.20)      		 1. Report on management performance and major issues in 3Q 2008 Approved Regular
      4th Meeting
      (2008.07.15)      		 1. Report on management performance and major issues for the first half of 2008 Approved Regular
      3rd Meeting
      (2008.05.01)      		 1. Report on management performance and major issues in 1Q 2008 Approved Regular
      2nd Meeting
      (2008.03.14)      		 1. Election of the CEO
      2. Election of Outside Director Candidate Recommendation Committee members
      3. Election of Management Committee members       		Approved Extraordinary
      1st Meeting
      (2008.02.20)      		 1. Approval of the 53rd-term financial statements and business reports for the year 2007
      2. Determination of the date, location, and purpose of the 53rd AGM
      3. Recommendation of director candidates       		Approved Regular
      2007 Board of Directors activities Table
      Meeting
      No. · Date      		 Agenda Item Approval
      Status      		 Remarks
      7th Meeting
      (2007.10.24)      		 1. Report on management performance and major issues in 3Q 2007 Approved Regular
      6th Meeting
      (2007.07.19)      		 1. Report on management performance and major issues for the first half of 2007 Approved Regular
      5th Meeting
      (2007.06.01)      		 1. Newspaper announcement as a substitute for the general meeting of the merger Approved Extraordinary
      4th Meeting
      (2007.04.28)      		 1. Report on management performance and major issues in 1Q 2007
      2. Approval of the small-scale merger       		Approved Regular
      3rd Meeting
      (2007.03.23)      		 1. Approval of the conclusion of the merger contract Approved Extraordinary
      2nd Meeting
      (2007.03.16)      		 1. Election of outside directors
      2. Election of Outside Director Candidate Recommendation Committee members
      3. Election of Management Committee members       		Approved Extraordinary
      1st Meeting
      (2007.02.14)      		 1. Approval of the 52nd-term financial statements and business reports for the year 2006
      2. Determination of the date, location, and purpose of the 52nd AGM
      3. Recommendation of director candidates       		Approved Regular

      BoD Committee

      BoD Committee table
      Committee Name Members Key roles
      Full-time Director Outside Director
      ESG Management Committee Yun-eun Whang Dong-Chae Jung*
      Yun-Mo Sung
      So-Young Kim      		 1. Establishment of ESG policy and targets for group affiliates; collection of and deliberations on risk management strategies
      2. Deliberations on investment and activity plans in response to the environment, safety, and climate change
      3. Deliberations on major management agenda including split-off, merger, and transfer and acquisition of businesses to protect the rights of shareholders
      4. Deliberations on shareholder return policy including dividends and treasury shares
      5. Deliberations on major issues related to ESG
      Management Committee Yun-eun Whang*
      Kwang-Oh Kim      		 - 1. Matters pertaining to the decisions related to and modification of the Company's fundamental management policy
      2. Matters pertaining to investments in new businesses and businesses worth less than KRW 100 billion, and issuance of corporate bonds
      3. Matters pertaining to the acquisition and sale of significant assets, as well as the enactment, amendment, and abolition of significant company regulations
      4. Any other matters falling within the authority of the BoD, excluding issues reported to the board or have been delegated to other committees
      Outside Director Candidate
      Recommendation Committee      		 Hyun-Joon Cho Il-Ho Yoo*
      Yun-Mo Sung
      So-Young Kim      		 1. Establishment, review, and enhancement of the principles for appointing Outside Directors
      2. Recommendation of Outside Director candidates to be appointed at the General Meeting of Shareholders
      3. Ongoing management and verification of the candidate pool for Outside Directors
      Audit Committee - Ki-Woong Kim*
      Il-Ho Yoo
      Byung-Hyun Cho      		 1. Supervision of directors' and management's work
      2. Appointment of external auditors
      3. Other audit-related matters specified by the Articles of Incorporation or internal regulations

      Rules for BoD Operation

      • Title Attachment
      • Rules for BoD Operation
        DOWNLOAD
      • Rules for Audit Committee Operation
        DOWNLOAD
      • Directors and BoD
        DOWNLOAD
      • Matters concerning the company institutions and affiliates
        DOWNLOAD

      Best Governance Practices and Difference between Corporate Governance

      • Title Attachment
      • Best Governance Practices
        DOWNLOAD
      • Best Governance Practices and Difference between Corporate Governance
        DOWNLOAD
      Inquiry Top Btn