The Compensation Committee was established under the BoD to ensure objectivity and transparency in
director
remuneration. The Committee is responsible for assessing the appropriateness of director remuneration
such as reviewing
ceilings on director remuneration, submitted for resolution at
a general
meeting of shareholders.
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 Joong Kyung Choi.
Compensation Committee members
Compensation Committee members
Joong Kyung Choi (Chair)
Byung Suk Chung
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
Committee Activities
Event date
Agendas
Approved
Attendance
2021. 02. 17
1. Approval of Director Compensation for 2021
Approved
3/3
2. Approval of Director Compensation Ceiling for 2021
Approved
2021. 01. 27
1. Payment of Incentives (2020 Performance, The 5th LTI)
-
3/3
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
Committee Activities
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
Committee Activities
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
Committee Activities
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
Committee Activities
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
Committee Activities
Event date
Agendas
Approved
Attendance
2015. 10. 02
1. Measure to elect the compensation committee chair
