
Corporate Governance Rating by Korea Corporate Governance Service : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
Corporate governance rating |
A+ |
A+ |
A+ |
A+ |

(Unit : persons)
BOD Composition : Classification, 2017, 2018, 2019, 2020 Table.
Classification |
2017 |
2018 |
2019 |
2020 |
Type |
Inside |
1 |
1 |
1 |
1 |
Non-standing |
4 |
4 |
4 |
4 |
Outside |
6 |
6 |
6 |
6 |
Gender |
Male |
11 |
10 |
9 |
9 |
Female |
0 |
1 |
2 |
2 |
Age |
50 or above |
10 |
11 |
11 |
10 |
30 ∼ 50 |
1 |
0 |
0 |
1 |
Under 30 |
0 |
0 |
0 |
0 |
Total |
11 |
11 |
11 |
11 |

(Unit : shares)
No. of Shares : Classification, Voting rights, No. of shares, Ratio Table.
Classification |
Voting rights |
2016 |
2017 |
2018 |
2019 |
Total |
116,604,719 (100.0%) |
116,604,719 (100.0%) |
116,604,719 (100.0%) |
116,604,719 (100.0%) |
Common stock |
1 vote |
112,582,792 (96.6%) |
112,582,792 (96.6%) |
112,582,792 (96.6%) |
112,582,792 (96.6%) |
Preferred stock |
none |
4,021,927 (3.4%) |
4,021,927 (3.4%) |
4,021,927 (3.4%) |
4,021,927 (3.4%) |
There are no golden shares issued holding special voting and veto rights.

(Unit : cases)
Violations of the Improper Solicitation & Graft Act : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
No. of violations |
0 |
0 |
0 |
0 |

(Unit : cases)
Violation of Internal Regulations found by Compliance Monitoring : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
No. of violations |
0 |
0 |
0 |
0 |

(Unit : times, persons)
Anti-corruption Training : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
No. of trainings |
2 |
7 |
2 |
2 |
No. of participants |
2,977 |
3,208 |
3,240 |
3,211 |

(Unit : KRW in million)
Spending in Business Association : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
Korea Petroleum Association |
1,256 |
1,172 |
1,259 |
1,239 |
Ulsan Chamber of Commerce & Industry |
120 |
120 |
130 |
130 |
Onsan Industrial Complex Association |
84 |
85 |
82 |
82 |
Korea Employers Federation |
32 |
32 |
32 |
33 |
Korea Listed Companies Association |
15 |
15 |
15 |
15 |
Korea Lubricating Oil Industries Association |
18 |
12 |
11 |
14 |
Korea Petrochemical Industry Association |
- |
- |
- |
13 |
Others |
33 |
24 |
23 |
24 |
Total |
1,558 |
1,460 |
1,552 |
1,550 |
Through the Ethics Code, S-OIL strictly bans employees to use its organization, manpower, and assets for the purpose of providing political funds or for political purposes. The Company is only affiliated with associations aimed at promoting industries, which guarantee political neutrality.

(Unit : times, cases, persons)
Deliberation of the Ethics Committee : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
No. of meetings |
27 |
18 |
20 |
14 |
Deliberation |
Operation of sales networks |
17 |
16 |
23 |
20 |
Purchasing of goods & services |
52 |
42 |
56 |
42 |
Others |
7 |
5 |
25 |
7 |
Total |
76 |
63 |
104 |
69 |
No. of disciplines due to violations of Ethics Code |
1 |
3 |
2 |
3 |
No. of employees disciplined |
Head Office |
0 |
2 |
0 |
0 |
Refinery |
1 |
4 |
2 |
4 |
District Biz HQ |
1 |
0 |
0 |
0 |
Terminal |
0 |
0 |
0 |
0 |
Total |
2 |
6 |
2 |
4 |
- In 2016, 1 case of money transaction between an employee and a partner (salary reduction to 1 person, warning to 1 person)
- In 2017, 1 case of money borrowing exceeding the reasonably acceptable level (salary reduction to 1 person), 2 cases of inappropriate use of language between colleagues (suspension to 2 persons, salary reduction to 1 person, reprimand to 1 person, warning to 1 person)
- In 2018, 1 case of slander to S-OIL based on false facts and unauthorized use of e-mail (suspension to 1 person), 1 case of violence at work (suspension to 1 person)
- In 2019, 1 case of procurement regulations violation (disciplinary dismissal to 2 persons), 1 case of monetary transaction between colleagues (reprimand to 1 person), 1 case of negligence (salary reduction to 1 person)

(Unit : times, persons)
Ethics Management Training for Employees : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
No. of trainings |
12 |
21 |
14 |
18 |
No. of participants |
3,643 |
3,947 |
3,689 |
3,931 |

(Unit : persons, points)
Self-assessment on Ethics Management : Classification, 2016, 2017, 2018, 2019 Table.
Classification |
2016 |
2017 |
2018 |
2019 |
No. of participants |
2,492 (86%) |
2,729 (86%) |
3,316 (100%) |
3,316 (100%) |
Average score |
99.0 |
99.1 |
99.5 |
99.5 |