Board composition requirements

O

The majority (4 out of 6) outside directors

Outside director nomination committee

O

Cumulative voting system

X

Outside director independence

O

Independent of the company, management, and controlling shareholders

Regular board meetings

O

Hold quarterly regular meetings

Establishment of the board and board committee operating regulations

O

Disclosure of board and board committee operations

O

Audit committee composition requirements

O

All outside directors (including accounting or financial experts)

Purchase of liability insurance for directors at the company's expense

O

Executive liability insurance purchased

Board evaluation

O

Evaluation introduced by the 2025 board

Advance information provision to directors when holding board meetings

O

Certification of accuracy and completeness of financial reporting

O

Certification of accuracy and completeness of financial reporting

O

Posted on website
(https://ethics.hhigroup.kr/Html/main.html)

Explanation of Differences from Best Practices

O