The Audit Committee is composed by 3 outside directors including a finance and accounting specialist in accordance to the company’s Articles of Association and related law (Commercial Law 415-2, etc.).
The committee carries out financial audit as well as audit of the company’s business.
Audit Committee Composition
(The names of standing auditor and non-standing auditors, their dates of appointment, terms of office, and, if an audit committee exists, the names of audit committee members)
-
Dongkun Kim
- Term of officeMarch 19, 2020 ~ March 18, 2022
- Possession of liability insuranceYes
-
Profile
- Present) Lawyer at Chunwoo Law firm
- Past) Honorary Representative, Barun law firm
- Past) President, Seoul High Court
-
Ingoo Han (Chairman, Finance & Accounting Specialist)
- Term of officeMarch 19, 2020 ~ March 18, 2022
- Possession of liability insuranceYes
-
Profile
- Present) Professor at the College of Business Administration, KAIST
- Past) President of the Korean Academic Society of Business Administration
- Past) Outside director/Member of the Audit Committee, Maeil Dairies Co., Ltd.
- Past) Dean of Graduate School of Finance, KAIST
-
Sangyup Lee
- Term of officeMarch 19, 2020 ~ March 18, 2022
- Possession of liability insuranceYes
-
Profile
- Present) Distinguished Professor, Dept. of Chemical and Biomolecular Engineering, KAIST
- Present) President of KAIST
- Past) Dean of the College of Life Science and Bioengineering, KAIST
Audit Committee Activities
Agenda of the Board of Directors Meeting 2019
| Order |
Date |
Contents |
Result |
Attendance of outside directors |
| 7 |
Dec. 12, 2019 |
- Election of outside auditors (2020~2022)
|
Approved |
3/3 |
| 6 |
Oct. 30, 2019 |
- Report on the financial statements for 3Q 2019
|
Approved |
2/3 |
| 5 |
Jul. 26, 2019 |
- Report on the financial statements for 2Q 2019
- Report on the status of operation of the internal accounting management system
|
Approved |
3/3 |
| 4 |
Apr. 30, 2019 |
- Report on the financial statements for 1Q 2019
- Report on the plan for operation of the Audit Committee in 2019
|
Approved |
3/3 |
| 3 |
Feb. 21, 2019 |
- Submittal of the Auditor’s report on financial statements and business report concerning the 1st term (2018)
|
Approved |
3/3 |
| 2 |
Feb. 21, 2019 |
- Submittal of report on evaluation of the operation status of the internal accounting management system 2018
- Submittal of the Auditor’s opinion on the internal watch system
|
Approved |
3/3 |
| 1 |
Jan. 31, 2019 |
- Revision of regulations on the In-house Accounting Management System
- Report on financial statements for the 1st term (Jun. 1, 2018~Dec. 31, 2018)
- Report on revision of Audit Committee-related regulations
- Report on the status of operation of the internal accounting management system
- Report on election of outside auditors 2019
- Report on the status of non-audit service agreements signed with outside auditors
|
Approved |
3/3 |
