KOGAS
○ The Korea Gas Corporation (KOGAS) maintains a sound governance structure by ensuring the independence of non-executive directors for practical checks and balances of the Board of Directors.
○ KOGAS meets the independence requirements of the Board of Directors in accordance with relevant laws such as the Act on the Management of Public Institutions, Commercial Act, as well as the Korea Gas Corporation Articles of Incorporation.
○ KOGAS maintains the independence of non-executive directors by specifying the following disqualification criteria for the independence of non-executive directors.
○ The above guidelines were established after review by the ESG committee within the KOGAS Board of Directors, and will be revised with the approval of the ESG committee if there is any major change.
June 2021
Korea Gas Corporation
○ The Korea Gas Corporation (KOGAS) places great importance on the diversity of the Board of Directors for a broad and balanced view and rational decision-making.
○ In "Operational Regulations of the Executive Recommendation Committee," KOGAS specifies requirements to achieve an appropriate balance in terms of gender and region of origin.
○ KOGAS strives to secure diversity within the Board of Directors by specifying the following board diversity requirements.
June 2021
Korea Gas Corporation