Governance
Composition of the Audit Committee
An audit committee has been established and operated on behalf of full-time auditors since 2019, and it currently consists of three outside directors independent from the company. We conduct separate training and self-evaluation on changes in internal control and internal accounting management system at least once a year in order to secure the expertise of the audit committee members.
Name | Outside director or not | Career | Term of office |
---|---|---|---|
Director
Oh-chul Kwon (Chairperson of the committee) |
Outside Director |
Board Member of Cypress Semiconductor Adviser, SK Hynix Executive President & CEO, SK Hynix Chairman, Korea Semiconductor Industry Association |
From March, 24, 2022 to the annual general meeting of shareholders in 2025 |
Director Dong-Gun Park |
Outside director |
Special Adjunct Professor, Electrical & Electric Engineering, Sogang University Advisor, Samsung Display Executive President, Display Innovation, Samsung Electronics President & CEO, Samsung Display |
From March, 24, 2022 to the annual general meeting of shareholders in 2025 |
Director Hyung-Jun Kim |
Outside director |
Professor, Electrical & Electronic Engineering, Yonsei University Head of Yonsei University BK21 Y-BASE Education Research Department Head of Research Support on Localization of ALD Materials and Parts for 10nm Semiconductor Devices, Ministry of Trade Indusrty and Energy (Materials, Parts & Equipments Innovation Lab) Head of BIT Fab, Yonsei University Head of Air Liquide Yonsei Collaboration Center |
From March, 24, 2022 to the annual general meeting of shareholders in 2025 |
Audit Committee Activities
Date | Contents discussed | Approved or not | Attendance |
---|---|---|---|
February 22, 2023 |
- Report on FY2022 financial statements and annual business report - Report on external audit results in 2022 - Report on the operating status of the internal accounting management system in 2022 - Report on the agenda of the 7th annual general meeting of shareholders - Resolution of audit report - Evaluation on the operating status of the internal accounting management system in 2022 - Evaluation on the operating status of the internal monitoring system |
Reported Reported Reported Reported Approved Approved Approved |
3(3) |
April 27, 2023 |
- Report on schedule and direction of external audit in 2023 - Report on the operation plan of the internal accounting management system in 2023 - Evaluation on the external audit in 2023 |
Reported Reported Reported |
3(3) |
July 19, 2023 |
- Report on key audit matters in 2023 - Approval of amendments to the internal accounting management regulations |
Reported Approved |
2(3) |
Date | Contents discussed | Approved or not | Attendance |
---|---|---|---|
February 23, 2022 |
- Report on FY2021 financial statements and annual business report - Report on the operating status of the internal accounting management system in 2021 - Report on external audit results in 2021 - Report on the agenda of the 6th annual general meeting of shareholders - Resolution of audit report - Evaluation on the operating status of the internal accounting management system in 2021 - Evaluation on the operating status of the internal monitoring system |
Reported Reported Reported Reported Approved Approved Approved |
3(3) |
March 24, 2022 | - Appointment of the chairperson of the audit committee | Approved | 3(3) |
April 27, 2022 |
- Report on schedule and direction of external audit in 2022 - Report on the operation plan of the internal accounting management system in 2022 |
Reported Reported |
3(3) |
July 20, 2022 |
- Key audit matters in 2022 by external auditor - Report on the operating status of the internal accounting management system |
Reported Reported |
2(3) |
October 26, 2022 |
- Report on progress of external audit and key audit matters in 2022 - Guidelines for appointment of auditor |
Reported Approved |
3(3) |
Date | Contents discussed | Approved or not | Attendance |
---|---|---|---|
February 24, 2021 |
- Report on FY2020 financial statements and annual business report - Report on the operating status of the internal accounting management system in 2020 - Report on external audit results in 2020 - Evaluation on the operating status of the internal accounting management system in 2020 |
Reported Reported Reported Approved |
3(3) |
April 28, 2021 |
- Report on schedule and direction of external audit in 2021 - Report on the operation plan of the internal accounting management system in 2021 |
Reported Reported |
3(3) |
July 21, 2021 | - Key audit matters in 2021 by external auditor | Reported | 3(3) |
October 22, 2021 |
- Report on progress of external audit and key audit matters in 2021 - Guidelines for appointment of auditor |
Reported Approved |
3(3) |
December 14, 2021 | - Selection of external auditor | Approved | 3(3) |
Date | Contents discussed | Approved or not | Attendance |
---|---|---|---|
February 24, 2020 |
- Report on FY2019 financial statements and annual business report - Report on the operating status of the internal accounting management system in 2019 - Report on audit results on external auditor in 2019 |
Reported Reported Reported |
3(3) |
April 22, 2020 |
- Approval of amendment of regulations on internal accounting management system - Report on plans for external audit and key audit matters in 2020 - Report on audit plan on internal accounting management system - Discussion of review results in the first quarter of 2020 |
Approved Reported Reported Reported |
3(3) |
August 19, 2020 |
- Report on audit status on internal accounting management system - Discussion of the results of the 2020 semi-annual review |
Reported Reported |
3(3) |
November 25, 2020 |
- Report on progress of external audit in 2020 - Discussion of review results in the third quarter of 2020 |
Reported Reported |
3(3) |
Date | Contents discussed | Approved or not | Attendance |
---|---|---|---|
February 22, 2019 |
- Approval of amendments to the BOD regulations - Enactment and approval of regulations on audit committee - Approval of amendments to the internal accounting management regulations - Appointment of the chairperson of the audit committee |
Approved Approved Approved Approved |
3(3) |
March 06, 2019 |
- Report on FY2018 financial statements and annual business report - Report on the operating status of the internal accounting management system in 2018 - Review of the 3rd annual general meeting of shareholders agenda |
Reported Reported Reported |
3(3) |
April 22, 2019 | - Report on business performance in the first quarter of 2019 | Reported | 3(3) |
July 15, 2019 |
- Report on plans for external audit and key audit matters - Report on business performance in the second quarter of 2019 |
Reported Reported |
3(3) |
October 14, 2019 | - Report on business performance in the third quarter of 2019 | Reported | 3(3) |