Dividends Overview

Prior to the annual general meeting of shareholders' on 2019.3.15

board of directors
Name Category Position Date Appointed Expiration Date Term
Dong-wook Kim Outside Directors former CEO, Hyundai Engineering Co. LTD 2013.03.15 2019.03.31 3 Years
Woon-oh Jung Outside Directors Professor, Business Administration,
Seoul National University
2014.03.14 2020.03.31 3 Years
Eun-nyeong Heo Outside Directors Professor, Energy System Engineering,
Seoul National University
2016.03.18 2019.03.31 3 Years
Won-woo Lee Outside Directors Professor, Graduate Law School,
Seoul National University
2017.03.17 2020.03.31 3 Years
Hyun-hwoi Ha Non-standing Director CEO, LG Corp. 2015.03.13 2021.03.31 3 Years
Chi-ho Song Representative Director CEO, LG Inernational Corp. 2014.03.14 2021.03.31 3 Years
Yong-hwan Park Standing Directors CFO, LG Inernational Corp. 2016.03.18 2019.03.31 3 Years

After the annual general meeting of shareholders' on 2019.3.15

board of directors
Name Category Career Date Appointed Term
Chun-sung Yoon CEO BS/MSc, Geology, Yonsei University
Head of Coal Business Division
Indonesia Region Representative
Head of Resources Business Group
2019.3.15 3 Years
Byeong-il Min Executive Director/CFO BA, Linguistics, Seoul National University
Head of Finance Division, LG Electronics
2019.3.15 2 Years
Jae-won Lee Non-executive Director BA, Political Science & International Studies, Yonsei University
Head of IoT Product Division, LG U+
Head of Communication & Services Team, LG Corp.
2019.3.15 2 Years
Woon-oh Jung Outside Director BA, International Economics, Seoul National University
MBA, Cornell University
Ph.D., Accounting, UCLA
Former Chairman of the Korean Academic Society of Taxation
Professor, Business School, Seoul National University
2014.03.14 3 Years
(Reappointed)
Ihl-soo Yang Outside Director BA/MBA, Management, Yonsei University
Ph.D., Management, Hongik University
CEO, E-Jung & Co.
2019.3.15 3 Years
Won-woo Lee Outside Director LLB/LLM, Seoul National University
Ph.D., Public Law, University of Hamburg
Former Assistant Professor in Law, College of Social Sciences, Hallym University
Former Associated Professor in Law, School of Law, Hanyang University
Former Dean and Director of the Seoul National University School of Law
Professor, Seoul National University School of Law .
2017.03.17 3 Years
Eunnyeong Heo Outside Director BS/MSc, Resources Engineering, Seoul National University
Ph.D., Resource and Environmental Economics, Penn State University
Chairman of Policy of the Korean Society of Mineral and Energy Resources Engineers
President of the Korean Resource Economics Association
Professor, Energy System Engineering, Seoul National University
2019.3.15 3 Years
(Reappointed)

2018.1.1~2018.12.31

Activities
No. Date Agenda Approval Outside Directors Executive Directors Non-executive Director
Dong-wook Kim Woon-oh Jung Won-woo Lee Eun-nyeong Heo Chi-ho Song Yong-hwan Park Hyun-hwoi Ha
(Attendance:100%) (Attendance:100%) (Attendance:100%) (Attendance:100%) (Attendance:85.7%) (Attendance:100%) (Attendance:85.7%)
Approval
1 2018.1.31 Approved Approval of FY2017 financial statements and annual business report Approved Approved Approved Approved Approved Approved Approved Approved
Approval of internal transaction Approved '- (fn.1)
Reported Report on investment in Rosemont project - - - - - - - -
Report on operation of internal accounting controls -
2 2018.2.23 Approved Approval of investment in Indonesia Palm project Approved Approved Approved Approved Approved Approved Approved Approved
Approval of internal transaction Approved
Approval of convening of the FY2017 Annual General Meeting of shareholders Approved
Approval of FY2017 AGM agenda items Approved
Reported Report on operation and evaluation of internal accounting control system - - - - - - - -
Report on operation of the compliance system -
3 2018.3.16 Approved Approval of Chairman of Board of Directors election Approved Approved Approved Approved Approved Approved Approved Approved
Approval of representative director election Approved Approved Approved
Approval of remuneration for executive directors Approved Approved Approved
Approval of HR personnel policy revision for executive officers Approved Approved Approved
Approval of special bonus for executive officers Approved '- (fn.2) '- (fn.2)
Approval of appointment advisory officers Approved Approved Approved
4 2018.5.11 Approved Approval of guarantee Credit Line for overseas subsidiaries Approved Approved Approved Approved Approved Approved Approved Approved
Approval of appointment compliance officer Approved
Reported Report on the FY2018 Q1 management performance - - - - - - - -
5 2018.8.29 Reported Report on the FY2018 Q2 management performance - - - - - - - Absent
6 2018.10.30 Reported Report on the FY2018 Q3 management performance - - - - - - - -
7 2018.11.27 Approved Approval of the share sale of the oil investment corporation in South America Approved Approved Approved Approved Approved Absent Approved Approved
Approval of the FY2019 business plan Approved Approved Approved Approved Approved Absent Approved Approved
Approval of the FY2019 billing limit with affiliated persons Approved Approved Approved Approved Approved Absent Approved Approved
Approval of the conclusion of a contract regarding the use of the LG trademark in FY2019 Approved Approved Approved Approved Approved Absent Approved Approved
Approval of self-dealing by directors in FY2019 Approved Approved Approved Approved Approved Absent Approved Approved
Approval of the audit committee regulation revision Approved Approved Approved Approved Approved Absent Approved Approved
Approval of the human affairs of executive officers Approved Approved Approved Approved Approved Absent Approved Approved

(fn.1) Waived the voting right regarding the approval of self-dealing by directors due to their personal stake.

(fn.2) Waived the voting right regarding the approval of the special bonus for executive officers due to their personal stake.

Audit Committee

Prior to the annual general meeting of shareholders' on 2019.3.15

Audit Committee
Name Career Category
Woon-oh Jung Professor, Business Administration, Seoul National University Outside Directors
Dong-wook Kim Former CEO, Hyundai Engineering Co. LTD Outside Directors
Won-woo Lee Professor, Seoul National University School of Law Outside Directors

Activities

2018.1.1~2018.12.31

Activities
Committee Members Details Outside Directors
Date Agenda Approval Woon-oh Jung Dong-wook Kim Won-woo Lee
 (Attendance: 100%)  (Attendance: 100%)  (Attendance: 100%)
Approval
Audit Committee Chairman: Woon-oh Jung
Members: Dong-wook Kim, Won-woo Lee
2018.1.31 Reported Report on FY2017 financial statements and annual business report - - - -
Report on operation of internal accounting controls - - - -
Report on FY2017 2H major management inspection and business plan for FY2018 - - - -
2018.2.23 Approved Approval of evaluation of internal accounting control system operation Approved Approved Approved Approved
Approval of evaluation on the current status regarding operation of the internal monitoring system
Approval of submission of FY2017 audit report
2018.5.11 Reported Report on 2018 Q1 financial and operating results - - - -
Report on evaluation on the independent auditor's FY2017 audit - - - -
2018.8.29 Reported Report on 2018 1H financial statements - - - -
Report on FY2018 1H major management inspection - - - -
2018.10.30 Reported Report on the FY2018 Q3 financial statements - - - -
Approved Approval of the audit committee guideline enactment Approved Approved Approved Approved
2018.11.27 Approved Evaluation of the external auditor candidates Approved Approved Approved Approved
Selection of external auditors

Audit Committee

After the annual general meeting of shareholders' on 2019.3.15

Audit Committe
Name Career Outside Directors
Woon-oh Jung Honorary Professor, Business School, Seoul National University
Former Chairman of the Korean Academic Society of Taxation
Outside Director
Ihl-soo Yang Former Executive Director, Samil PwC
CEO, E-Jung & Co.
Outside Director
Won-woo Lee Professor, Seoul National University School of Law Outside Director

Outside Director Nomination Committee

2017.2.24

Outside Director Nomination Committee
Name Career Category
Hyun-hwoi Ha CEO and Vice Chairman, LG U+ Non-executive Director
Dong-wook Kim Former CEO, Hyundai Engineering Co. LTD Outside Directors
Eun-nyeong Heo Professor, Energy Systems Engineering, Seoul National University Outside Directors

※ The main career is based on being at this point.

Activities

Activities
Committee Members Details
Date Agenda Approval
Outside Director Nomination Committee Chairman: Hyun-hwoi Ha
Members: Dong-wook Kim, Eun-nyeong Heo
2017.2.24 Election of Chairman of
Outside Director Nomination Committee
Approved
Approval of Outside Director Nomination Approved

※ The Outside Director Nomination Committee was not operated in 2018.

Outside Director Nomination Committee

After the annual general meeting of shareholders' on 2019.3.15

Outside Director Nomination Committee
Name Position Outside Directors
Jae-won Lee Head of IoT Product Division, LG U+
Head of Communication & Services Team, LG Corp.
Non-executive Director
Ihl-soo Yang Executive Director, Samil PwC
CEO, E-Jung & Co.
Outside Director
Eunnyeong Heo Chairman of Policy of the Korean Society of Mineral and Energy Resources Engineers
President of the Korean Resource Economics Association
Professor, Energy Systems Engineering, Seoul National University
Outside Director