| Board Audit Committee (BAC) |
Jae Hoon Lee (Outside Director)
Jeon Hwan Lee (Outside Director)
Seung Beom Koh (Outside Director)
Eun Hyung Lee (Outside Director) |
- Purpose
- Provide an independent and objective appraisal of the adequacy and effectiveness of the management's arrangements with respect to values and ethics, organizational governance, risk management, internal control, and other matters warranting attention of the BAC under relevant laws and regulations
- Responsibilities
- Matters concerning the General Meeting of Shareholders
- Matters concerning Directors and the BOD
- Matters concerning audit
- Other matters in relation with the above, requested by the BOD, the Representative Director, or any member of the BAC
|
| Compensation Committee (CC) |
Mohammed Y. Al-Qahtani (Non-Standing Director)
Jae Hoon Lee (Outside Director)
Jungsoon Janice Lee (Outside Director)
Eun Hyung Lee (Outside Director) |
- Purpose
- Establish transparent and effective compensation plans for the executives and employees of the Company
- Responsibilities
- Set-up of compensation policies
- Establishment of compensation structure including salary, severance payment, and incentive awards
- Establishment of welfare and fringe benefit plans
|
| Outside Director Candidates Recommendation Committee (ODCRC) |
Motaz A. Al-Mashouk (Non-Standing Director)
Jungsoon Janice Lee (Outside Director)
Jeon Hwan Lee (Outside Director)
Seung Beom Koh (Outside Director) |
- Purpose
- Review qualifications of Outside Director candidates and recommend optimal candidates to General Meeting of Shareholders
- Responsibilities
- Verify and recommend Outside Director candidates to be appointed at General Meeting of Shareholders
- Check eligibility of Outside Director candidates in accordance with the Company's Outside Director independence policy and relevant laws
- Review diversity and expertise of Outside Directors according to internal standards
- Address other matters necessary for recommendation of Outside Director candidates and matters delegated by the Board of Directors and laws
|
| ESG Committee |
Motaz A. Al-Mashouk (Non-Standing Director)
Ibrahim M. Al-Nitaifi (Non-Standing Director)
Jungsoon Janice Lee (Outside Director)
Jeon Hwan Lee (Outside Director)
Seung Beom Koh (Outside Director) |
- Purpose
- Enhance the Company's management of ESG matters that contribute to long-term value creation throughout the Company's business
- Responsibilities
- Overseeing the Company's strategy, policies, programs, performance, and reputation regarding ESG matters
- Supporting the BOD's oversight of the implementation and performance of the Company's HSE (Health, Safety, Environment) matters
- Making recommendations to the Company's management regarding oversight of emerging ESG matters
|
