Our company's decision-making and supervisory process enhances corporate transparency and accountable management and thus, constitutes an environment where corporate value can be maximized.
(1) BOD Activities
November 26, 2007
Agenda
Results
Attendance
Approval of the Merger between Smasung Corning Company, Ltd. and Samsung Corning Precision Glass Co., Ltd.
Approval
6/7 present
Real estate sales to affiliate
Approval
Real estate purchase from affiliate
Approval
Rescheduling of the partial equity investment plan in S-LCD
Approval
October. 12, 2007
Agenda
Results
Attendance
Approval of the Q3 07 financial statements and quarterly reports
Approval
7/7 present
Equity investment in SEA
Approval
Donation to Sung Kyun Kwan University
Approval
Payment of severance insurance premium to Samsung Life
Approval
Approval of ceiling on transaction amount between related parties
Approval
Transactions in Goods and Services with the Affiliates
Approval
July. 13, 2007
Agenda
Results
Attendance
Approval of 1H 07 financial statements, interim dividend and semiannual reports
Approval
7/7 present
Donation
Approval
Subscription to property and casualty insurance
Approval
No change in transaction ceiling on beneficiary certificates
Report item No. 1: Internal accounting management system
Report item No. 2: Assessment of the internal accounting management system
Approval
Apr. 13, 2007
Agenda
Results
Attendance
Approval of Q107 financial statements and quarterly reports
Approval
7/7 present
Approval of participation in the public offering of Samsung Card
Approval
Approval of directorship serving on boards of both Samsung Electronics and S-LCD
Approval
Cancellation of stock option grant
Approval
March 2, 2007
Agenda
Results
Attendance
Approval of the FY 2006 consolidated financial statements (draft)
Approval
6/7 present
Appointment of CEOs, and confirmation of directors' duties and responsibilities
Approval
Appointment of members of committees under the Board of Directors
Approval
Dissolution of Bluetek
Approval
Equity investment in SEA
Approval
February 1, 2007
Agenda
Results
Attendance
Convening of the 38TH Annual General Meeting (AGM) of shareholders
Approval
7/7 present
Decision of AGM agenda items
Item No.1:Approval of FY 2006 balance sheet, income statement,and statement of appropriation of retained earnings 2007-05-16(draft)
Item No.2: Appointment of directors No. 2-1: Appointment of independent directors No. 2-2: Appointment of executive directors No. 2-3: Appointment of Audit Committee members
Item No.3 :Approval of ceiling on director compensation
Approval
Appointment of a representative to act as a proxy for depository receipt holders
Approval
Purchase of SEHZ securities from Bluetek
Approval
January 12, 2007
Agenda
Results
Attendance
Approval of 2006 financial statements and annual reports
Approval
7/7 present
Approval of the 2007 management plan
Approval
Share buyback
Report item No. 1 : internal accounting management system
Report item No. 2 : Assessment of the internal accounting management system
Approval
(2) Directors' Attendance at Board Meetings
Attendance at Board meetings for the past three years (between 2005 and 2007) is 83% on average.
2005
2006
2007
Attendance
77%
88%
85%
* Directors are required to notify the Company of a valid reason in advance if they cannot attend Board meetings.
(3) Evaluation Method of the Board of Directors
The board of directors and each of the board committees shall be evaluated by the human resources experts of the company between November (the end of fiscal year) and December, in terms of activities including directors' attendance at meetings.
* Major evaluation criteria: Conformity with the regulation of the board of directors and relevant laws,
compliance with directors' duties and attendance at meetings
Directors' attendance data shall be shared within the board and other evaluation results shall be used as a reference for board activities for the following year.
