Composition
In accordance with relevant laws and regulations, the Compensation Committee shall comprise more than three directors, of which the chair will be appointed among committee members by committee resolution, while the appointment or dismissal of any committee member shall require a board resolution.
- Currently the committee consists of three independent directors, and the chair of the committee is independent director Byung Suk Chung.
| Compensation Committee members | ||
|---|---|---|
| Byung Suk Chung(Chair) | Hyun Soo Lee | Janice Lee |
Operation
The committee shall hold regular meetings as often as needed.
- The convening of meetings, method of resolution, and opinion seeking and all other operation details will be determined by the Compensation Committee guidelines.
Responsibilities
The Compensation Committee may form resolutions for the following items.
- Matters related to the compensation limit for registered directors
- Matters related to the compensation system for registered directors
- Other matters related to compensation for directors delegated by the Board of Directors
Committee Activities
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2020. 12. 23 | 1. Report on 2H 2020 company performance evaluation and disbursement of target incentives | - | 3/3 |
| 2020. 08. 28 | 1. Report on Payment of the 5th Long-term Performance Incentives(LTI) | - | 3/3 |
| 2020. 07. 07 | 1. Report on 1H 2020 Company Performance Evaluation and Disbursement of Target Incentives | - | 3/3 |
| 2020. 02. 26 | 1. Approval of Director Compensation for 2020 | Approved | 3/3 |
| 2. Approval of Director Compensation ceiling for 2020 | Approved | ||
| 2020. 01. 30 | 1. Report on the company's performance incentive payment for 2019 | - | 3/3 |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2019. 12. 18 | 1. Report on the company's performance evaluation and incentive payment for the 2nd half of 2019 | - | 3/3 |
| 2019. 07. 03 | 1. Report on 1H 2019 Company Performance Evaluation and Disbursement of Target Incentives | - | 3/3 |
| 2019. 02. 26 | 1. Approval of the Ceiling on Director Compensation for 2019 | Approved | 3/3 |
| 2019. 01. 23 | 1. Report on the company's performance incentive payment for 2018 | - | 3/3 |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2018. 12. 19 | 1. Report on the company's performance evaluation and incentive payment for the 2nd half of 2018 | - | 3/3 |
| 2018. 07. 04 | 1. Report on the company's performance evaluation and incentive payment for the 1st half of 2018 | - | 3/3 |
| 2018. 02. 28 | 1. Measure to make prior deliberation on compensation limit for board members in 2018 | Approved | 2/2 |
| 2018. 01. 24 | 1. Report on the company's incentive payment for 2017 | - | 2/2 |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2017. 12. 19 | 1. Report on the company's performance evaluation and incentive payment for the second half of 2017 | - | 2/2 |
| 2017. 07. 03 | 1. Report on the company's performance evaluation and incentive payment for the first half of 2017, and payment of the 4th long-term incentives | - | 2/2 |
| 2017. 03. 03 | 1. Measure to make prior deliberation on compensation limit for board members in 2017 | Approved | 2/2 |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2016. 02. 17 | 1. Measure to make prior deliberation on compensation limit for board members in 2016 | Approved | 2/2 |
| Event date | Agendas | Approved | Attendance |
|---|---|---|---|
| 2015. 10. 02 | 1. Measure to elect the compensation committee chair | Approved | 2/2 |