- Home
- Investor
- Board of Directors
- Remuneration Committee
2025-02-28
Remuneration Committee
The Compensation Committee of the Company consists of three independent directors and meets at least twice a year to take care of the good stewardship, to faithfully perform the following duties, and to submit its recommendations to the Board of Directors for discussion. However, the proposal on the remuneration of supervisors shall be submitted to the Board of Directors for discussion only to the extent that the remuneration of supervisors has been authorized by the Company's Articles of Incorporation or by a resolution of the shareholders' meeting to be submitted to the Board of Directors:
- To establish and periodically review the Company's performance evaluation criteria for directors, supervisors, and managers, annual and long-term performance goals, policies, systems, standards, and structure of compensation, and to disclose the contents of the performance evaluation criteria in the annual report. The company's annual report will also disclose the content of the performance evaluation criteria in the annual report.
- The Company periodically evaluates the performance of directors, supervisors, and managers, and determines the content and amount of their individual compensation based on the results of the performance evaluation criteria. The annual report shall disclose the results of individual performance evaluation of directors, supervisors and managers, and the correlation and reasonableness between the content and amount of individual compensation and the results of the performance evaluation, and shall be reported to the shareholders at the shareholders' meeting.
- The performance evaluation and compensation of directors, supervisors, and managers should be based on the industry norms and should take into account the results of individual performance evaluation, the time invested, the responsibilities assumed, the achievement of personal goals, the performance of other positions, the salary and compensation offered by the Company to the same positions in recent years, the achievement of the Company's short-term and long-term business goals, the Company's financial condition, and other factors to assess the reasonableness of the connection between the performance of the individual and the Company's business performance and future risks. The Company also evaluates the reasonableness of the relationship between individual performance and the Company's operating results and future risks based on the achievement of short-term and long-term business objectives and the Company's financial condition.
