HUVIS

ESG: We pursue ESG for sustainable management.

ESG

Governance(G)

Governance (G)

A Company Committed to Transparent Management: Huvis practices responsible management by adhering to ethical and compliance management based on a transparent and professional decision-making system centered around its Board of Directors. We strengthen the board’s independence, expertise, and diversity while building a sustainable management system that protects shareholder rights and ensures transparent disclosure of information. We aim to secure stable corporate management and protect shareholder interests.

Board of Directors

Kim Sukhyun Representative Director
- Position Representative Director
- Elected on March 26, 2024
- Term of office 3 years
- CEO, Huvis (present)
- Head of Human Resources Development / Strategy Team Leader, Marketing Planning Team Leader at Huvis
Yoon Seokhwan Director
- Position Non-executive director
- Elected on March 26, 2024
- Term of office 3 years
- IC Director of Samyang Holdings (present)
- CFO of Samyang Packaging / Planning and Coordination Office Director at Woongjin Group
Kim Hanjo Director
- Position Non-executive director
- Elected on March 29, 2023
- Term of office 3 years
- Chief Director of Office of Management Support and ESG, SK Discovery (present)
- ESG Director, SK GAS
Kang Youngchul Outside Director
(Chairman of the Board)
- Position Outside Director, Chairman of the Board
- Elected on March 29, 2023 (re-elected)
- Term of office 3 years
- Visiting professor, KDI School of Public Policy and Management / Outside director, Daewoong (present)
- Director of Regulation and Coordination / Office for Government Policy Coordination / CEO, Pulmuone USA, Pulmuone Holdings
Kang Changhoon Outside Director
- Position Outside Director
- Elected on March 26, 2024 (re-elected)
- Term of office 3 years
- CEO, Hwaneun Mortgage / Head (Executive Director), Capital Market Group, KEB Hana Bank / Chief of Fund Headquarters, Korea Exchange Bank
Oak Dongsuk Outside Director
- Position Outside Director
- Elected on March 29, 2023
- Term of office 3 years
- Chairman of the Open Society Forum / Honorary Professor of the Department of Trade, Incheon National University / Private Sector Member of the Fiscal Policy Advisory Council, Ministry of Economy and Finance (present)
- Professor of the Department of Trade, Incheon National University / President of the Korean Association of Public Policy / Director of the Korea Institute of Public Finance

Board of Director Committees

Committee Name	Purpose	Members
The Audit Committee	Auditing the company's accounting and business Requiring the company's sales reports, examining the financial condition Approving the appointment of external auditors Determining matters of law and articles	Kang Changhoon (Chairman) Kang Youngchul Oak Dongsuk
Committee on Internal Trade	Evaluation and approval of purchase / sales transactions and / or capital transactions with subsidiary companies, major shareholders and / or special affiliated parties	Kang Youngchul (Chairman) Kang Changhoon Oak Dongsuk
Committee on Nomination of Outside Directors	Exercise of the right to nominate outside directors at the general assembly Other activities needed to nominate outside directors	Oak Dongsuk (Chairman) Kang Youngchul Kang Changhoon

Articles of Incorporation and Board Regulations

Articles of Incorporation	Board Regulations
Download	Download

General Shareholders Meeting

Exercise of Voting Rights at the 24th Regular General Shareholders Meeting

Exercise of Voting Rights at the 24th Regular General Shareholders Meeting: At the 24th Regular General Shareholders Meeting of Huvis Corporation held on March 26, 2024, voting rights were exercised for 18,442,741 shares, representing 56.04% of the total eligible shares, with an attendance rate of 2.6%, excluding the major shareholders and their unique relations.

Proposal	For	Against	Abstain	Result
Proposal 1 : Approval of the financial statements (including the statement of appropriation of retained earnings) and consolidated financial statements for the 24th fiscal year (January 1, 2023, to December 31, 2023)	99.7%	0.0%	0.3%	Carried as Proposed
Proposal 2 : Partial amendment of the Articles of Incorporation	99.8%	0.0%	0.2%	Carried as Proposed
Proposal 3-1 : Appointment of an inside director (candidate : Kim Seokhyun)	99.6%	0.2%	0.2%	Carried as Proposed
Proposal 3-2 : Appointment of a non-executive director (candidate : Yoon Seokhwan)	99.6%	0.2%	0.2%	Carried as Proposed
Proposal 4 : Appointment of an outside director as a member of the Audit Committee (candidate : Kang Changhoon)	97.0%	1.5%	1.5%	Carried as Proposed
Proposal 5 : Approval of the director’s remuneration limit	97.9%	1.9%	0.2%	Carried as Proposed

※ Following Article 368-4 of the Commercial Act, electronic voting was implemented, and the members of the Audit Committee were appointed by “a majority of the votes of the shareholders present” as per Article 542-12 of the Commercial Act and Article 47 of the company’s Articles of Incorporation.

Exercise of Voting Rights at the 23th Regular General Shareholders Meeting

Exercise of Voting Rights at the 23th Regular General Shareholders Meeting: At the 23th Regular General Shareholders Meeting of Huvis Corporation held on March 29, 2023, voting rights were exercised for 20,069,868 shares, representing 61% of the total eligible shares, with an attendance rate of 7.5%, excluding the major shareholders and their unique relations.

Proposal	For	Against	Abstain	Result
Proposal 1 : Partial amendment of the Articles of Incorporation	99.2%	0.7%	0.1%	Carried as Proposed
Proposal 2-1 : Appointment of an inside director (candidate : Shin Yoodong)	99.1%	0.9%	0.0%	Carried as Proposed
Proposal 2-2 : Appointment of a non-executive director (candidate : Kim Hanjo)	99.3%	0.7%	0.0%	Carried as Proposed
Proposal 2-3-1 : Appointment of an outside director (candidate : Kang Youngchul)	99.3%	0.7%	0.0%	Carried as Proposed
Proposal 2-3-2 : Appointment of an outside director (candidate : Oak Dongsuk)	99.3%	0.7%	0.0%	Carried as Proposed
Proposal 3-1 : Appointment of a member of the Audit Committee as an outside director (candidate : Kang Youngchul)	96.8%	3.2%	-	Carried as Proposed
Proposal 3-2 : Appointment of a member of the Audit Committee as an outside director (candidate : Oak Dongsuk)	96.7%	3.3%	-	Carried as Proposed
Proposal 4 : Approval of the director’s remuneration limit	99.2%	0.7%	0.1%	Carried as Proposed

Exercise of Voting Rights at the 22th Regular General Shareholders Meeting

Exercise of Voting Rights at the 22th Regular General Shareholders Meeting: At the 22th Regular General Shareholders Meeting of Huvis Corporation held on March 24, 2022, voting rights were exercised for 20,478,537 shares, representing 62.2% of the total eligible shares, with an attendance rate of 8.8%, excluding the major shareholders and their unique relations.

Proposal	For	Against	Abstain	Result
Proposal 1 : Partial amendment of the Articles of Incorporation	99.4%	0.6%	0.0%	Carried as Proposed
Proposal 2-1 : Appointment of an inside director (candidate : Kim Gunho)	99.2%	0.8%	0.0%	Carried as Proposed
Proposal 2-2 : Appointment of a non-executive director (candidate : Choi Jaeyoung)	99.2%	0.8%	0.0%	Carried as Proposed
Proposal 3 : Approval of the director’s remuneration limit	99.3%	0.7%	0.0%	Carried as Proposed

Shareholder Proposal Rights

1. What are Shareholder Proposal Rights?

- Shareholder proposal rights allow shareholders to propose items to be discussed at the shareholders’ meeting. (This right is granted under Article 363-2, Paragraph 1 of the Commercial Act.)
- Shareholders who own a certain percentage of shares can make proposals. Multiple shareholders can also jointly meet the shareholding threshold (Commercial Act Article 363-2, Paragraph 1, Article 542-6, Paragraphs 2 and 9).
2. Exercise Method

- Eligibility :
① Shareholders who own more than 3% of the voting shares issued (Commercial Act Article 363-2, Paragraph 1).
② Shareholders who have continuously owned at least 0.5% of the voting shares of a publicly traded company for the past six months (Commercial Act Article 542-6, Paragraph 2).
③ The base day for the condition in ② is calculated backward from the day before the shareholder proposal request.
④ Necessary supporting documents must be submitted (such as the actual shareholder certificate issued by the securities depository and transaction details).
- Submission Deadline : Six weeks before the previous year’s annual shareholders’ meeting date.
- Submission Methods :
① In writing : Addressed to the General Meeting of Shareholders Manager, Financial Team, 12th Floor, The Pinnacle Gangnam, 343 Hakdong-ro, Gangnam-gu, Seoul
② By electronic document : sgna@huvis.com
- Note : Proposals not meeting the legal requirements for exercising shareholder proposal rights will not be accepted as agenda items.
3. Procedure

① Proposals received from shareholders are reported to the Board of Directors.
② The Board reviews whether the exercise of shareholder proposal rights and the proposals comply with laws and the articles of incorporation and whether there are any reasons for rejection.
③ If a proposal is deemed legitimate, it is included as an item for the shareholders’ meeting.
④ If requested, the proposing shareholders can explain their proposal at the shareholders' meeting.