| Board Steering Committee |
- Chairman of the BOD
- Chairman of the Committees
|
- Matters regarding effective operation of the BOD and the committees within the BOD
- Annual plans for the BOD meetings and operation of outside directors
- Matters relating to improving the corporate governance structure
- Other matters deemed necessary by the BOD or the Committee
|
Quarterly |
| Nomination Committee |
3 or more directors (outside directors shall hold a majority) |
- Nomination of candidates for the group CEO, outside directors and the audit committee
- Matters relating to the operation of a panel of the appointed members
- Establishment of eligibility criteria for directors
- Establishment of the principle for nominating outside directors
- Other matters deemed necessary by the BOD regarding nomination
|
If necessary |
| Compensation Committee |
3 or more directors (outside directors shall hold a majority) |
- Matters related to the regulation for operation of the compensation and performance evaluation
- Matters related to the determination of compensation and method of payment of compensation
- Matters related to the preparation and public disclosure of the annual report on the payment of compensation
- Matters related to reviewing the adequacy of the design and operation of the compensation and performance evaluation systems
- Matters related to the Regulations on the payment and the Severance Pay
- Other matters as deemed necessary by the BOD or the Compensation Committee
|
Quarterly |
| Risk Management Committee |
5 (or less) directors (outside directors shall hold a majority) |
- Establishment of basic guidelines of the risk management in line with the business strategies
- Establishment of risk appetites
- Establishment(Approval) of risk limits for the company
- Approval of limits on investment and loss
- Enactment and amendment of regulations relating to risk
- Matters concerning the structure and job assignments of a risk management division
- Matters relating to the operation of a risk management
- Matters related laws and regulations relating to risk
- Approval of risk assessment method and use of risk assessment model, which requires the approval of the supervisory authority
- Other matters deemed necessary by the BOD or the Risk Management Committee
|
Quarterly |
| Audit Committee |
3 or more directors (outside directors shall hold at least two thirds of the entire members, and more than one member shall be a professional accountant or financial expert prescribed by the relevant laws and regulations) |
(Roles and Responsibilities)
- Supervising the works of directors and executives
- Approval of the appointment of external auditors
- Other matters related laws and regulations regarding audit works
|
Quarterly |
| ESG Committee |
3 or more directors (outside directors shall hold a majority) |
- Setting Group ESG strategy and policy
- Matters concerning the enactment and revision, abolishment of ESG related-regulations
- Other matters deemed necessary by the BOD or the Committee
|
Half-yearly |
| CEO of subsidiary company Recommendation Committee |
3 or more directors (outside directors shall hold a majority) |
- Establishment and Modification of the succession plan for the CEO of a subsidiary company
- Identification, management and validation of CEO candidates for the subsidiary company
- Details on the succession process for the CEO of a subsidiary company
- Assessment and Recommendation of CEO candidates for the subsidiary company
- Other matters deemed necessary by the BOD or the CEO of subsidiary company Recommendation Committee
|
If necessary |
