Board Composition
As of December 2025, Dongsung Finetec’s Board of Directors consists of three members, including one independent director. The Board
deliberates and resolves key management issues and reflects the opinions of shareholders and stakeholders in our management activities.
[Status of Board Composition]
Position | Name | Area of Expertise | Appointment Date | Background |
|---|---|---|---|---|
CEO | Yong-Seok Choe | Industry/ | 2023. 03. 31. | (Current) CEO, Dongsung Finetec |
Executive | Jin-woo | Management/ | 2022. 03. 30. | (Current) CEO, Dongsung Chemical |
Independent | Byeong-seung | Industry/ | 2024. 03. 29. | (Current) CEO, SAB Corporation |
Board Operations
Dongsung Finetec operates regular and extraordinary Board meetings, and extraordinary meetings may be convened when necessary. To ensure sufficient review of agenda items, meeting notices and relevant documents are provided three days prior to each Board meeting. The Board also allows directors to participate in resolutions through real-time communication methods such as video or audio conferencing without attending in person, and such participation is regarded as direct attendance. This approach minimizes absenteeism caused by geographical limitations or other significant reasons and ensures equal opportunities for directors to participate. In addition, pursuant to Article 9 of the Board Regulations, directors who have a special interest in a resolution are prohibited from exercising their voting rights, thereby eliminating potential conflicts of interest.
[Status of Board Operations]
Board meetings convened | attendance rate | resolution items | reporting items |
|---|---|---|---|
3 | 100% | 8 | 2 |
Board Performance Evaluation and Remuneration
The remuneration of directors is determined within the remuneration limit approved at the general meeting of shareholders, based on a comprehensive consideration of non-financial indicators such as position, tenure, leadership, and contribution to the company, as well as financial indicators such as revenue and operating profit. The remuneration of independent directors is determined by comprehensively reflecting their responsibilities, expertise, and the company’s management environment. The remuneration limit for directors and auditors approved at the 2025 general meeting of shareholders was KRW 4.2 billion, and a total of KRW 1.7 billion was paid. Individual remuneration of directors and auditors receiving KRW 500 million or more is disclosed in the annual business report in accordance with applicable laws.