Governance Handsome identifies the needs and expectations of stakeholders for the transparent governance.
In addition, we secure the core value of the board’s operation, including expertise, transparency, and trust.
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  2. ESG
  3. GOVERNANCE
  4. Board of Directors and Committees

Through the operation of committees under the board of directors and the process of appointing directors, we secure the core value of the board's operation, including expertise, transparency, and trust.

Board of Directors

Handsome Corp. Board of Director is composed of four Executive Directors and three Outside Directors.
(Chairman : Kim Min Duk)

  • Min-Duk KimChairman / CEO

    • Elected
      2023.03.23
    • Term
      2 Years

  • Sang-Kyoung Jeon Outside Director

    • Elected
      2024.03.25
    • Term
      2 Years

  • Ho-Jin Jang Executive Director

    • Elected
      2024.03.27
    • Term
      2 Years

  • Chil-Goo Kim Outside Director

    • Elected
      2024.03.25
    • Term
      2 Years

  • Cheol-Gyu Park Executive Director

    • Elected
      2024.03.25
    • Term
      2 Years

  • Dong-Shin LeeOutside Director

    • Elected
      2024.03.25
    • Term
      2 Years

  • Tae-Young YuExecutive Director

    • Elected
      2024.03.25
    • Term
      2 Years

Charter for Corporate Governance

Handsome enacts “Charter for Corporate Governance”
for shareholder rights, roles of Board Committees,
Outside operation of audits for a healthy and
transparent governance and corporate social responsibility.
We put our best efforts to continuously enhance shareholder
value and corporate growth to contribute to social
public interest and economic development.

Board Activities

No. Date Agenda Attendance Remark
Executive Directors Outside Directors
1 2023.02.07 1. Approval of 2022 financial statement and business report
2. Increase of Employee Welfare Fund 		4 3 -
2 2023.02.21 1. Decision to convene the 36th AGM
2. Decisions on the 36th AGM agenda items
(1) Approval of FY2021 annual financial statements
(including statement of appropriation of retained
earnings)
(2) Appointment of directors
(3) Approval of Amendments to the Articles of Incorporation
(4) Approval of Director Remuneration Limit
3. Review of Business Plan for FY2023
4. Approval of Health and Safety Management Plan
5. Installation of new branch 		4 3 -
1. Reported Items
(1) Report on evaluation of FY22 internal accounting
management system activities
(2) Report on result of Board of Directors and
Outside Directors evaluation
3 2023.03.23 1. Appointment of CEO
2. Appointment of members of Outside Director
Recommendation Committee
3. Appointment of members of Internal Transaction
Committee
4. Appointment of members of ESG Management Committee
5. Approval of Directors remuneration execution
6. Amendments to the Charter for Corporate Governance
7. Installation of new branch 		4 3 -
4 2023.05.08 1. Installation of new branch 4 3 -
1. Reported items
(1) 1Q'23 interim business report
(2) ESG materiality and risk assessment
5 2023.08.07 1. Installation of new branch
2. Amendment to the regulation of Internal Transaction Committee 		4 3 -
1. Reported items
(1) 2Q'23 interim business report
6 2023.11.06 1. Approval of repurchase of treasury stock
2. Approval of cancellation of treasury stock
3. Signing a management consulting service contract
4. Subsidiary fund lending extension 		4 3 -
1. Reported items
(1) 3Q'23 interim business report
(2) Report on result of 2023 ESG evaluation

Board Committees

Committee Constitution Main Activities
Chairman Executive Director Outside Director
Audit Sang-Kyoung Jeon - Sang-Kyoung Jeon
Chil-Goo Kim
Dong-Shin Lee
  • 1. Supervise executive directors and
    management
  • 2. Supervise external audits and approve
    selection of external auditors
  • 3. Inspect internal compliance and audit system
Outside Director Recommendation Sang-Kyoung Jeon Min-Duk Kim Sang-Kyoung Jeon
Chil-Goo Kim
Dong-Shin Lee
  • 1. Recommend candidates for Outside
    directors
  • 2. Support other factors regarding
    recommendation of Outside directors
Compensation Dong-Shin Lee Tae-Young Yu Chil-Goo Kim
Dong-Shin Lee
  • 1. Evaluate adequate compensation policy of
    board directors
  • 2. Request related data and reports
Related Party Transaction Chil-Goo Kim Min-Duk Kim Sang-Kyoung Jeon
Chil-Goo Kim
Dong-Shin Lee
  • 1. Audit of internal related party transaction
  • 2. Request related data and reports
  • 3. Rectify transactions with possible violation of
    regulation

※Review affiliated transactions regulated by law regarding monopoly regulations and fair trade
ESG Management Committee Chil-Goo Kim Min-Duk Kim Sang-Kyoung Jeon
Chil-Goo Kim
Dong-Shin Lee
  • 1. Eco-friendly investment and CSR activities
    result report
  • 2. ESG risk management guidelines
    enactment/revision report
  • 3. Eco-friendly investment and CSR activities,
    safety and health and environmental plans
    deliberation
  • 4. Enactment/revision of the governance charter
    deliberation
  Min-Duk Kim Ho-Jin Jang Cheol-Gyu Park Tae-Young Yu Sang-Kyoung Jeon Chil-Goo Kim Dong-Shin Lee
Management • Leadership ● ● ● ● ● ● ●
Risk Management ESG ● ● ● ● ● ● ●
Finance • Tax ● ●     ●   ●
Legal ● ●       ● ●
Fashion • Retail ● ● ● ●      
Outside
Director		         ● ● ●
Elected
Date		 '17.03 '15.03 '22.03 '24.03 '22.03 '22.03 '24.03
Committee • Related Party Transaction
• ESG Management
• Outside Director Recommendation		     • Compensation • Audit
• Outside Director Recommendation
• ESG Management
• Related Party Transaction		 • Audit
• Compensation
• Related Party Transaction
• ESG Management
• Outside Director Recommendation		 • Audit
• Compensation
• Related Party Transaction
• ESG Management
• Outside Director Recommendation
Gender Male Male Male Male Male Male Male
Age 56 61 63 57 61 50 57

Director Compensation

(FY2023, in thousand KRW)

Classification No. of Directors Total Compensation Average Compensation per Director
Executive
(Excluding Outside Directors, Members of Audit Committee)		 4 2,404,732 601,183
Outside Directors
(Excluding Members of Audit Committee)		 - - -
Members of Audit Committee 3 172,328 57,443
Auditor - - -
SOCIAL
SUSTAINABILITY REPORT