Dividends Overview

2021.3.31

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
2021.3.24 3 Years(Reappointed)
Won-woo Lee Outside Director LLB/LLM, Seoul National University
Ph.D., Public Law, University of Hamburg
President, Korean Public Law Association
President, Korea Association for Telecommunications Policies
Former Dean and Director of the Seoul National University School of Law
Professor, School of Law, Seoul National University.
2020.3.26 3 Years
(Reappointed)
Soo-il Chai Outside Director BA/MSc, Electrical Engineering, University of Southern California
MBA, University of Pennsylvania
Affiliated professor, Korea University Business School
Co-representative, Boston Consulting Group in Korea
CSO, DoAI Co., Ltd.
2020.3.26 3 Years
Ihl-soo Yang Outside Director BA/MBA, Management, Yonsei University
Ph.D., Management, Hongik University
Partner, EJUNG·GYUL Accounting Corporation
2019.3.15 3 Years
Eun-nyeong Heo Outside Director BS/MSc, Resources Engineering, Seoul National University
Ph.D., Resource and Environmental Economics, Penn State University
Vice President of Policy of the Korean Society of Mineral and Energy Resources Engineers
Director of Policy and Research of the Korean Resource Economics Association
Professor, Energy System Engineering, Seoul National University
2019.3.15 3 Years
(Reappointed)
Jang-Soo Park Non-executive Director MBA, Management, Yonsei University
Finance & Acoounting, LG Chem
Financial Management, LG Corp.
Head of Risk Management(Finance), LG Corp.
Executive Diretor, LG Corp.
2021.3.24 3 Years
(New appointed)

2020.1.1 ~ 2020.12.31

Activities
Round Date Resolution Agenda Outcome Outside Director Internal Director Non-executive Director
Woon-oh Jung
(Attendance:100%)
Won-woo Lee
(Attendance:100%)
Ihl-soo Yang
(Attendance:100%)
Eun-nyeong Heo
(Attendance:89%)
Chun-sung Yoon
(Attendance:100%)
Byeong-il Min
(Attendance:100%)
Jae-won Lee
(Attendance:67%)
Agreement and Disagreement
1st Round 2020.1.30 Approval No.1 : Approval of FY2019 financial statements and annual business report Confirmed Agree Agree Agree Agree Agree Agree Agree
No.2 : Approval of the revision of the HR management guidelines for executive officers Confirmed Agree Agree Agree Agree Agree Agree Agree
No3 : Approval of the appointment of a Compliance Officer Confirmed Agree Agree Agree Agree Agree Agree Agree
Report No.1 : Status report on internal accounting management regulations - - - - - - - -
2nd Round 2020.2.10 Approval No1 : Approval on stake sales of LG Holdings (HK) Limited Confirmed Agree Agree Agree Agree Agree Agree Unattended
3rd Round 2020.2.20 Approval No1 : Approval of convening the 67th annual general meeting of shareholders Confirmed Agree Agree Agree Agree Agree Agree Unattended
No2 : Approval of the purpose of the 67th annual general meeting of shareholders Confirmed Agree Agree Agree Agree Agree Agree Unattended
Report No.1 : Evaluation report on operation of internal accounting control system - - - - - - - -
No.2 : Status report on operation of the compliance system - - - - - - - -
Activities
Round Date Resolution Agenda Outcome Outside Director Internal Director Non-executive Director
Won-woo Lee Soo-il Chai Ihl-soo Yang Eun-nyeong Heo Chun-sung Yoon Byeong-il Min Jae-won Lee
(Attendance:100%) (Attendance:100%) (Attendance:100%) (Attendance:89%) (Attendance:100%) (Attendance:100%) (Attendance:67%)
Agreement and Disagreement
4th Round 2020.03.26 Approval No.1 : Approval of compensation for directors Confirmed Agree Agree Agree Agree Agree Agree Agree
No.2 : Appointment of the member for outside director nomination committee Confirmed Agree Agree Agree Agree Agree Agree Agree
5th Round 2020.04.03 Approval No.1 : Approval of conclusion of a trust contract for the acquisition of treasury stock Confirmed Agree Agree Agree Agree Agree Agree Agree
6th Round 2020.05.08 Approval No.1 : Approval of the payment guarantee credit line for overseas corporations Confirmed Agree Agree Agree Agree Agree Agree Agree
No.2 : Approval of issue of corporate bonds Confirmed Agree Agree Agree Agree Agree Agree Agree
Report No.1 : Report on the management performance during the 1st quarter of 2020 - - - - - - - -
7th Round 2020.08.28 Report No.1 : Report on the management performance during the 1st half of 2020 - - - - - - - -
No.2 : Report on cement business status in Myanmar - - - - - - - -
8th Round 2020.10.30 Report No.1 : Report on the management performance during the 3rd quarter of 2020 - - - - - - - -
9th Round 2020.11.26 Approval No.1 : Approval of the 2021 Business Plan 2021 Confirmed Agree Agree Agree Unattended Agree Agree Agree
No.2 : Approval of the amount of transactions with specially related person Confirmed Agree Agree Agree Unattended Agree Agree (comment 1)
No.3 : Approval of self-dealing with affiliates, etc Confirmed Agree Agree Agree Unattended Agree Agree (comment 1)
No.4 : Approval of extension of the trust contract for own stock acquisition Confirmed Agree Agree Agree Unattended Agree Agree Agree
No.5 : Approval of the signing of a real estate lease Confirmed Agree Agree Agree Unattended Agree Agree (comment 1)
No.6 : Approval on executive officer appointments Confirmed Agree Agree Agree Unattended Agree Agree Agree
Report No.1 : Report on the appointment of a full-time consultant - - - - - Agree Agree -

(Comment 1) Misfortunes of voting rights due to special interests on the relevant agenda.

※ As of March 26, 2020, Outside Director Woon-oh Jung resigned. Outside Director Won-woo Lee was reappointed and Soo-il Chai was newly appointed as an outside director.

Audit Committee

2020.12.31

Audit Committee
Name Career Category
Won-woo Lee Former Professor, College of Law, Hanyang University
Professor, School of Law, Seoul National University
Outside Director
Soo-il Chae Co-representative, Boston Consulting Group in Korea
CSO, DoAI Co., Ltd.
Outside Director
Ihl-soo Yang Former Executive Director, Samil PwC
Partner, EJUNG·GYUL Accounting Corporation
Outside Director

Status of the Audit Committee

2020.1.1 ~ 2020.12.31

Activities
Committee Members Resolution Audit Committee Members
Date Agenda Outcome Woon-oh Jung Won-woo lee Ihl-soo Yang
(Attendance: 100%) (Attendance: 100%) (Attendance: 100%)
Agreement and Disagreement
Audit Committee The Chair : Woon-oh Jung
Members : Won-woo Lee, Ihl-soo Yang
2020.1.30 Report No.1: Report of FY2019 financial statements and annual business report - - - -
No.2: Status report on the internal accounting management regulations - - - -
2020.2.20 Approval No.1: Inspection in Operation Management of Internal Accounting Mangement Regulations Confirmed Agree Agree Agree
No.2: Inspection in Operation Management of Internal Audit Control System Confirmed Agree Agree Agree
No.3: Approval on the Statement of Audit Confirmed Agree Agree Agree
Activities
Committee Members Resolution Audit Committee Members
Date Agenda Outcome Woon-oh Jung Won-woo lee Ihl-soo Yang
(Attendance: 100%) (Attendance: 100%) (Attendance: 100%)
Agreement and Disagreement
Audit Committee The Chair : Ihl-soo Yang
Members : Won-woo Lee, Soo-il Chai
2020.3.26 Approval No.1 : Approval on the appointment of a Chairman of the Audit Committee Confirmed Agree Agree Agree
2020.5.8 Report No.1 : Report on financial statements for the first quarter of 2020 - - - -
No.2 : Report on external auditors' assessment of audit activities in 2019 - - - -
2020.8.28 Report No.1 : Report on financial statements for the first half of 2020 - - - -
No.2 : Report on the design evaluation results of the internal accounting management regulations - - - -
No.3 : Report on the results of major management diagnosis in the first half of 2020 and the plan for second half of the year - - - -
2020.10.30 Report No.1: Report on the financial statements for the 3rd quarter of 2020 - - - -
No.2 : Report on the design evaluation inspection of the internal accounting management regulations - - - -

※ Woon-oh Jung resigned as of March 26, 2020 and Soo-il Chai is newly appointed as the audit committee member.

※ Woon-oh Jung resigned as of March 26, 2020 and Ihl-soo Yang is newly appointed as the Chair of audit committee

Outside Director Nomination Committee

2020.12.31

Outside Director Nomination Committee
Name Position Category
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
Partner, EJUNG·GYUL Accounting Corporation
Outside Director
Eun-nyeong Heo Vice President of Policy of the Korean Society of Mineral and Energy Resources Engineers
Director of Policy and Research of the Korean Resource Economics Association
Professor, Energy Systems Engineering, Seoul National University
Outside Director

Status of the Nomination Committee for the Outside Director

2020.1.1~2020.12.31

Activities
Committee Members Resolution Non-Executive Director Outside Director
Date Agenda Outcome Chae-won Lee Ihl-soo Yang Eun-nyeong Heo
(Attendance: 0%) (Attendance: 100%) (Attendance: 100%)
Agreement and Objection
Nomination Committee for the Outside Director The Chair : Chae-won Lee
Members : Ihl-soo Yang, Eun-nyeong Heo
2020.2.20 1. Appointment of a chairman for the Committee Confirmed Unattended Agree Agree
2. Approval on candidates for outside directors Confirmed Unattended Agree Agree

※ Refer to the report on the appointment, dismissal, or moderate retirement of outside directors dated March 26, 2020