BOD activities & evaluation
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.
| March 4, 2008 | ||
|---|---|---|
| Agenda | Results | Attendance |
| Convening of the 39th Annual General Meeting (AGM) of shareholders | Approval | 6/7 present |
Decision of AGM agenda items
|
Approval | |
| Appointment of a representative to act as a proxy for depository receipt holders | Approval | |
| Approval of the FY2007 consolidated financial statements | Approval | |
| Equity investment in SEA | Approval | |
| January 15, 2008 | ||
|---|---|---|
| Agenda | Results | Attendance |
| Approval of 2007 financial statements and annual reports | Approval | 7/7 present |
| Payment guarantees for SEA | Approval | |
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.
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.
