Board of Directors Committee Within the Board of Directors

Together with the board of directors, we practice transparent and responsible management.

Composition of
the Board of
Directors

Independence of the Board of Directors
In order to secure the independence of nonexecutive directors, we have complied with the qualification restriction standards of the relevant laws, and established and operated the Nonexecutive Director Candidate Recommendation Committee to recommend candidates for nonexecutive directors. In accordance with Article 542-8 of the Commercial Act, the Nonexecutive Director Candidate Recommendation Committee is organized so that nonexecutive directors constitute a majority of the total members; as of the end of December 2023, it consists of three nonexecutive directors.

Diversity of the Board of Directors
The company limits the qualifications of directors to those with extensive expertise and experience in the related field, and reviews not to appoint those responsible for undermining corporate value or violating shareholder rights and interests. In addition, we make efforts to secure diversity, such as appointing female nonexecutive directors, so as not to be of a specific gender.

Configuration Status

[ ● : Chairperson, Chairman ]

Classification	Name (Gender)	Expected Date of Term Expiration	Field of Activity	Major career	Board of Directors	Audit Committee	ESG Committee	Nonexecutive Director Candidate Promotion Committee
In-house director (3)	Choi Sam-Young(male)	March 2027	CEO and Executive Vice President	Incheon Plant Manager	●		○	●
	Kawg Jin-soo(male)	March 2027	Chief Sales Officer(CSO)	Chief Planning Officer(CPO)	○
	Kweon Joo-hyeok(male)	March 2028	Chief Financial Officer(CFO)	Finance Team Leader	○
Independent director (4)	Min Dong-jun(male)	March 2027	Technological consulting	Vice President of Yonsei University	○	○	●	○
	Nam Dong-guk(male)	March 2028	Management consulting	Director of the Daegu Regional Tax Office	○	○	○
	Nam Tae-yeon(female)	March 2027	Management consulting	CPA of Kim & Jang law firm	○	●	○	○
	Kim Han-cheol(male)	March 2027	Management consulting	Advisor of Lee&Ko law firm	○	○	○

BSM(Board Skills Matrix)

Distinction		In-house director			Independent director
Distinction		Choi Sam Young	Kwag Jin Soo	Kweon joo Hyeok	Min Dong Jun	Nam Dong Guk	Nam Tae yeon	Kim Han Cheol
Leadership		●	●		●	●		●
CEO Experience		●				●		●
Business Operations		●	●			●		●
Manufacturing		●	●		●
Finance / Accounting			●	●		●	●	●
Global Business		●						●
ESG Strategy					●	●
Marketing / PR / Consumer		●	●
Age		60	60	55	69	68	60	70
Average	63	60	60	55	69	68	60	70
Gender		male	male	male	male	male	female	male
Female ratio	14%	male	male	male	male	male	female	male

Management of
Board of Directors

The board of directors is divided into temporary and regular board of directors. The regular board meeting is held on a schedule set at the beginning of the year, and is not held unless there is an agenda to be resolved on the same day. The temporary board meetings are held on an irregular basis when necessary.

Nonexecutive directors can be recruited from outside experts if necessary, and directors' liability insurance is covered at the company's expense. In addition, according to our company, the approval of financial statements and the decision on profit distribution are required to be approved at the general shareholders' meeting.
※ Article 3 (Authority) of the Regulations of the Board of Directors, Article 7 (Types) of the Regulations of the Board of Directors, Article 41 (Preparation and Keeping of Financial Statements and Business Reports, etc.) of the Articles of Incorporation

Classification	Number of Board Meetings			Average Attendance at the Board of Directors
Classification	Regular Board of Directors	Temporary Board of Directors	Total	Executive Director Attendance Rate	Nonexecutive Director Attendance Rate	Total
2023	7	6	13	96%	92%	94%
2024	9	10	19	100%	89%	95%
2025	9	9	18	97%	94%	96%

Governance