BOD Committees

BOD Committees - Committees, Composed of, Purpose of operation and rights
Committees Composed of Purpose of operation and rights
Audit
Committee
Changwoo Lee
Independent
Director
(Chairperson)
Geunnyeong Heo
Independent
Director
Seoung Hwan Suh
Independent
Director
Purpose of operation
Checkingㆍsupervision of and support for management of the company to continue to enhance corporateㆍshareholder value through lawful procedures and reasonable decision making
Major rights
  • ① Authority to audit business
  • ② Authority to request sales reports; authority to investigate business assets
  • ③ Authority to receive board of directors’ reports
  • ④ Authority to investigate subsidiaries
  • ⑤ Authority to demand a director suspected of violating the articles of incorporation or laws to stop his or her action
  • ⑥ Authority to represent the company in lawsuits
  • ⑦ Authority to ask for calling of a general meeting of shareholders
  • ⑧ Authority to request experts’ assistance
  • ⑨ Authority to select outside auditors
  • ⑩ Authority to approve the establishment and revision of internal accounting management policy and to assess operating status of the Internal Control over Financial Reporting(“ICFR” )
  • ⑪ Matters entrusted under the law, the articles of incorporation, and the resolution of the board of directors
ESG Committee Eunice Kyonghee Kim
Independent
Director
(Chairperson)
Dong Joong Kim
Internal
Director
Changwoo Lee
Independent
Director
Purpose of operation
Deliberation and decision on major policies related to the Environmental (E), Social (S), and Corporate Governance (G) issues including Safety, Health, and Environment (SHE), Corporate Social Responsibility (CSR), Client value, Shareholder value, Governance, etc.
Major rights
  • ① Company's ESG strategies, policies, and new initiatives
  • ② Operation plans for annual donations
  • ③ Other matters as deemed necessary by the BOD and the Committee
Related Party
Transaction
Geunnyeong Heo
Independent
Director
(Chairperson)
Changwoo Lee
Independent
Director
Seoung Hwan Suh
Independent
Director
Purpose of operation
Deliberation of cases of internal trading whose size comes to be larger than set amount to exercise internal/external control of internal trading and shareholders and enhance the efficiency of supervision concerning unfair support activities 
Major rights
  • ① Authority to approve of internal trading
  • ② Authority to hear internal trading-related creports
  • ③ Authority to order investigations on internal trading
  • ④ Authority to recommend remedial action concerning internal trading
Independent
Director
Candidate
Nomination
Committee
Geunnyeong Heo
Independent
Director
(Chairperson)
Kun Lo
Internal
Director
Eunice Kyonghee Kim
Independent
Director
Purpose of operation
Recommendation of independent director candidates through comprehensive review of their independence to the company and capability as a director of a global business
Major rights
  • ① Recommendation of independent director candidates at least 6 weeks in advance of a general meeting of shareholders held for election
  • ② Fair and transparent recommendation in a way conducive to the good of the company and shareholders
  • ③ Verification to determine whether candidates meet qualifications stated in the relevant law and the company’s regulations
Remuneration
Committee
Seoung Hwan Suh
Independent
Director
(Chairperson)
Geunnyeong Heo
Independent
Director
Eunice Kyonghee Kim
Independent
Director
Purpose of operation
Ensuring objectivity and transparency of decisions on directors’ remuneration
Major rights
  • ① Matters pertaining to limit of registered directors’ remuneration
  • ② Matters pertaining to registered directors-related remuneration system
  • ③ Others entrusted by the board of directors concerning directors’ remuneration
Management Committee John Rim
Internal
Director
(Chairperson)
Dong Joong Kim
Internal Director
Purpose of operation
Deliberation of important matters pertaining to management, regularly entrusted matters, and other important matters pertaining to management entrusted by the board of directors
Major rights
  • ① Matters pertaining to management
  • ② Matters pertaining to finance
  • ③ Other matters entrusted
Audit Committee - Committees, Composed of, Purpose of operation and rights
Audit Committee
Changwoo Lee
Independent
Director
(Chairperson)
Geunnyeong Heo
Independent
Director
Seoung Hwan Suh
Independent
directors
Purpose of operation
Checkingㆍsupervision of and support for management of the company to continue to enhance corporateㆍshareholder value through lawful procedures and reasonable decision making
Major rights
  • ① Authority to audit business
  • ② Authority to request sales reports; authority to investigate business assets
  • ③ Authority to receive board of directors’ reports
  • ④ Authority to investigate subsidiaries
  • ⑤ Authority to demand a director suspected of violating the articles of incorporation or laws to stop his or her action
  • ⑥ Authority to represent the company in lawsuits
  • ⑦ Authority to ask for calling of a general meeting of shareholders
  • ⑧ Authority to request experts’ assistance
  • ⑨ Authority to select outside auditors
  • ⑩ Authority to approve the establishment and revision of internal accounting management policy and to assess operating status of the Internal Control over Financial Reporting(“ICFR” )
  • ⑪ Matters entrusted under the law, the articles of incorporation, and the resolution of the board of directors
ESG Committee - Committees, Composed of, Purpose of operation and rights
ESG Committee
Eunice Kyonghee Kim
Independent
Director
(Chairperson)
Dong Joong Kim
Internal Director
Changwoo Lee
Independent Director
Purpose of operation
Deliberation and decision on major policies related to the Environmental (E), Social (S), and Corporate Governance (G) issues including Safety, Health, and Environment (SHE), Corporate Social Responsibility (CSR), Client value, Shareholder value, Governance, etc.
Major rights
  • ① Company's ESG strategies, policies, and new initiatives
  • ② Operation plans for annual donations
  • ③ Other matters as deemed necessary by the BOD and the Committee
Related Party Transaction - Committees, Composed of, Purpose of operation and rights
Related Party Transaction
Geunnyeong Heo
Independent
Director
(Chairperson)
Changwoo Lee
Independent
Director
Seoung Hwan Suh
Independent
Director
Purpose of operation
Deliberation of cases of internal trading whose size comes to be larger than set amount to exercise internal/external control of internal trading and shareholders and enhance the efficiency of supervision concerning unfair support activities
Major rights
  • ① Authority to approve of internal trading
  • ② Authority to hear internal trading-related creports
  • ③ Authority to order investigations on internal trading
  • ④ Authority to recommend remedial action concerning internal trading
Independent Director Candidate Nomination Committee - Committees, Composed of, Purpose of operation and rights
Independent Director Candidate Nomination Committee
Geunnyeong Heo
Independent
Director
(Chairperson)
Kun Lo
Internal
Director
Eunice Kyonghee Kim
Independent
Director
Purpose of operation
Recommendation of independent director candidates through comprehensive review of their independence to the company and capability as a director of a global business
Major rights
  • ① Recommendation of independent director candidates at least 6 weeks in advance of a general meeting of shareholders held for election
  • ② Fair and transparent recommendation in a way conducive to the good of the company and shareholders
  • ③ Verification to determine whether candidates meet qualifications stated in the relevant law and the company’s regulations
Remuneration Committee - Committees, Composed of, Purpose of operation and rights
Remuneration Committee
Seoung Hwan Suh
Independent
Director
(Chairperson)
Geunnyeong Heo
Independent
Director
Eunice Kyonghee Kim
Independent
Director
Purpose of operation
Ensuring objectivity and transparency of decisions on directors’ remuneration
Major rights
  • ① Matters pertaining to limit of registered directors’ remuneration
  • ② Matters pertaining to registered directors-related remuneration system
  • ③ Others entrusted by the board of directors concerning directors’ remuneration
Management Committee - Committees, Composed of, Purpose of operation and rights
Management Committee
John Rim
Internal Director
Kim Dong Joong
Internal Director
Purpose of operation
Deliberation of important matters pertaining to management, regularly entrusted matters, and other important matters pertaining to management entrusted by the board of directors
Major rights
  • ① Matters pertaining to management
  • ② Matters pertaining to finance
  • ③ Other matters entrusted

SITE MAP

close
Close

Your download is ready

Click Download.

Close

Subscribe to Our Newsletter

Please fill in your details, select one or more areas of interest, and click the subscribe button to receive our newsletter.

Subscribe to Our Newsletter
  • Privacy Policy to collect the email address that I have provided until I withdraw my consent. The collected information will only be used for the purpose of mailing service. If you do not wish to consent, you will not be able to receive the newsletter. Samsung Biologics respects the privacy of its subscribers.
Close

Please fill out the form
to view the full content

Please sign up to view the post..
* Required
Privacy Policy required
close

SECURITY REPORT

Your valuable comments contribute to protecting Samsung Biologic’s core technology and management information, as well as reinforcing domestic competency and economic development.

  • This page is created for reporting core technology and management information leakage.
  • The reported contents as well as the identity of the reporter are strictly secured.
THE MANUAL FOR SECURITY NOTIFICATION