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PR Materials
제일기획에는 크리에이티브가 있습니다. 소비자와 시장을 움직이고 클라이언트를 성공으로 이끄는 크리에이티브. 제일기획의 크리에이티브가 세상의 변화를 이끌어 갑니다. Great ideas are everything. They can change lives, affect markets, and bring success to clients. Creative ideas are truly transformative.
Cheil Brand Film
We Create Connected Experiences that Matter We Create Connected Experiences that Matter
CI
지난 49년간 쌓아온 남다른 노하우와 차별화된 솔루션은 오늘날 제일기획의 명성을 이룬 바탕입니다. 새롭게 개정한 CI는 ‘제일기획’ 이라는 이름 하나에 당당한 자신감을 담아 ‘CHEIL’이라는 단어를 제외한 모든 요소를 최소화하여 간결한 디자인으로 완성하였습니다. The unique know-how and distinctive solutions accumulated over the last 49 years are the basis of Cheil Worldwide's reputation today. The newly revised CI has minimized all elements but the world ‘CHEIL’ which represents strong confidence in its name.
Pengtai Korea
IR
Stock Information ▪ Listing Information
Listing Information
| Shares outstanding | Common | 115,041,225 |
|---|---|---|
| Preferred | - | |
| Total | 115,041,225 | |
| Share Capital (KRW) | 23,008,245,000 | |
| Listing date | March 3, 1998 | |
| Ticker | 030000 | |
Number of treasury shares
※ Number of Treasury Shares (As of 2023) : 13,762,500 (11.96%)
Stock Information ▪ Shareholder Return
Dividend payments over the past 5 years
(Unit : KRW 100M)
| 2019 | 2020 | 2021 | 2022 | 2023 | ||
|---|---|---|---|---|---|---|
| Net income* | 1,381 | 1,574 | 1,655 | 1,937 | 1,873 | |
| Dividend per share (KRW) | Common | 820 | 840 | 990 | 1,150 | 1,110 |
| Preferred | - | - | - | - | - | |
| Total payout | Common | 830 | 851 | 1,003 | 1,165 | 1,124 |
| Preferred | - | - | - | - | - | |
| Total | 830 | 851 | 1,003 | 1,165 | 1,124 | |
| Payout ratio | 60.2% | 54.1% | 60.6% | 60.1% | 60.0% | |
| Dividend yield** | Common | 3.3% | 4.0% | 4.2% | 4.8% | 5.5% |
| Preferred | - | - | - | - | - | |
* Net income : Attributable to owners of the parent
** Payout ratio : consolidated
*** Dividend yield : the ratio of dividend per share to average of closing price for the days between two trading days before record date and a week prior to the date
Events & Filings
Upcoming Events
| Date | Location | Content |
|---|
Past Events
| Date | Location | Content |
|---|
Filings
Financial Highlights ▪ Income statement
Financial Highlights ▪ Statement of Financial Position
Corporate Governance ▪ Board of Directors
Board Members
Cheil Worldwide's Board of Directors is composed of three Executive Directors and two Independent Directors.
- Advertising and Global Management Specialist
- - CEO of Cheil Worldwide
- - Vice President, Head of Business 1 Division, Cheil Worldwide (January 2017)
- - Start of Term: March 21, 2024 / End of Term: March 20, 2027
- Management Expert
- - Vice President, Chief Financial Officer, Cheil Worldwide
- - Head of Corporate Management Group of Strategy Office, Samsung C&T Corporation (December 2022)
- - Start of Term: March 16, 2023 / End of Term: March 15, 2026
- Advertising and Digital Specialist
- - Vice President, Head of Business 1 Division, Cheil Worldwide
- - Senior VP & Head of Digital, Cheil Worldwide (2018.12)
- - Start of Term: March 21, 2024 / End of Term: March 20, 2027
- An expert in administration
- - (Current) Honored Professor of Honam University
- - Member of the National Assembly (2010~2020)
- - Minister of Planning and Budget (2006~2008)
- - Start of Term: March 17, 2022 / End of Term: March 16, 2025
- An expert in law
- - Professor of Graduate School of Law, Seoul National University
- - Independent Director of Hyundai Motor Company
- - Member of WTO Appellate Body (2012~2016)
- - Judge of Seoul Central District Court (1988~1991)
- - Start of Term: March 21, 2024 / End of Term: March 20, 2027
Activities
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.31.2023 | Approval of FY2022 financial statements and annual business report | Approved |
| 2nd | Feb.15.2023 | Decision to convene the 50th AGM | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.16.2023 | Appointment of directors' responsibilities and duties | Approved |
| Setting the remuneration of directors | Approved | ||
| Appointment of members of Business Management Committee | Approved | ||
| Appointment of members of Related Party Transactions Committee | Approved | ||
| Appointment of members of Compensation Committee | Approved | ||
| Approval of safety and health plan for 2023 | Approved | ||
| Approval of regulations on CSO authority and responsibility | Approved | ||
| 4th | Apr.27.2023 | Approval of the 51st Q1 2023 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 5th | Jul.27.2023 | Approval of the 51st H1 2022 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of donation to a social welfare organization | Approved | ||
| 6th | Oct.27.2023 | Approval of the 51st Q3 2022 financial statements and business report | Approved |
| Approval of amendment to rules for board of directors | Approved | ||
| Appointment of a lead independent director | Approved | ||
| 7th | Nov.27.2023 | Approval of donation to a social welfare organization | Approved |
| Approval of donation to Korea volleyvall association | Approved | ||
| 8th | Dec.21.2023 | Approval of trade limit with major shareholders | Approved |
| Approval of related party transactions of insurance | Approved |
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.27.2022 | Approval of FY2021 financial statements and annual business report | Approved |
| 2nd | Feb.16.2022 | Decision to convene the 49th AGM | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.17.2022 | Appointment of directors' responsibilities and duties | Approved |
| Appointment of BOD Chairman | Approved | ||
| Appointment of CEO | Approved | ||
| Setting the remuneration of directors | Approved | ||
| Appointment of members of Business Management Committee | Approved | ||
| Appointment of members of Related Party Transactions Committee | Approved | ||
| Appointment of members of Compensation Committee | Approved | ||
| 4th | April.28.2022 | Approval of the 50th Q1 2022 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of donation to a social welfare organization | Approved | ||
| Approval of safety and health plan for 2022 | Approved | ||
| 5th | July.28.2022 | Approval of the 50th H1 2022 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 6th | Oct.26.2022 | Approval of the 50th Q3 2022 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of speical donation to Korea Chamber of Commerce and Industry | Approved | ||
| 7th | Dec.08.2022 | Appointment of CEO | Approved |
| Approval of amendment of self-dealing limit for FY2022 | Approved | ||
| Approval of self-dealing limit for FY2023 | Approved | ||
| Approval of related party transactions of insurance | Approved | ||
| Approval of donation to Korea volleyvall association | Approved |
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.28.2021 | Approval of FY2020 financial statements and annual business report | Approved |
| 2nd | Feb.17.2021 | Decision to convene the 48th AGM | Approved |
| Approval of Adopting Electronic Voting for AGM | Approved | ||
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.18.2021 | Appointment of directors' responsibilities and duties | Approved |
| Setting the remuneration of directors | Approved | ||
| Appointment of members of Business Management Committee | Approved | ||
| Appointment of members of Related Party Transactions Committee | Approved | ||
| Appointment of members of Compensation Committee | Approved | ||
| 4th | April.29.2021 | Approval of the 49th Q1 2021 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of safety and health plan for 2021 | Approved | ||
| 5th | July.26.2021 | Approval of the 49th H1 2021 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of Donation to Samsung Life Public Welfare Foundation & Community Chest of Korea | Approved | ||
| Approval of Donation to Samsung Life Public Welfare Foundation & Community Chest of Korea | Approved | ||
| 6th | Oct.28.2021 | Approval of the 49th Q3 2021 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Appointment of compliance officer | Approved | ||
| 7th | Dec.9.2021 | Approval of self-dealing limit | Approved |
| Approval of related party transactions of insurance | Approved | ||
| Approval of amendment to rules for board of directors and board committees | Approved | ||
| Approval of donation to scholarship foundation | Approved |
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.28.2020 | Approval of FY2019 financial statements and annual business report | Approved |
| Revision to Compensation Committee regulations | Approved | ||
| 2nd | Feb.26.2020 | Decision to convene the 47th AGM | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.19.2020 | Appointment of directors' responsibilities and duties | Approved |
| Setting the remuneration of directors | Approved | ||
| Appointment of members of Related Party Transactions Committee | Approved | ||
| Appointment of members of Compensation Committee | Approved | ||
| 4th | April.28.2020 | Approval of the 48th Q1 2020 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 5th | July.30.2020 | Approval of the 48th H1 2020 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 6th | Oct.20.2020 | Approval of the 48th Q3 2020 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Revision to Board regulations | Approved | ||
| 7th | Dec.10.2020 | Approval of self-dealing limit | Approved |
| Approval of related party transactions of insurance | Approved |
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.31.2019 | Approval of FY2018 financial statements and annual business report | Approved |
| Revision to internal accounting management system regulations | Approved | ||
| 2nd | Feb.13.2019 | Decision to convene the 46th AGM | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.21.2019 | Appointment of directors' responsibilities and duties | Approved |
| Appointment of BOD Chairman | Approved | ||
| Appointment of CEO | Approved | ||
| Setting the remuneration of directors | Approved | ||
| Appointment of members of Related Party Transactions Committee | Approved | ||
| Appointment of members of Compensation Committee | Approved | ||
| 4th | April.24.2019 | Approval of the Q1 2019 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 5th | July.22.2019 | Approval of the H1 2019 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 6th | Oct.23.2019 | Approval of the Q3 2019 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 7th | Nov.19.2019 | Approval of self-dealing limit | Approved |
| Approval of related party transactions of insurance | Approved |
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.30.2018 | Approval of FY2017 financial statements and annual business report | Approved |
| 2nd | Feb.20.2018 | Decision to convene the 45th AGM | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.21.2018 | Appointment of directors' responsibilities and duties | Approved |
| Setting the remuneration of directors | Approved | ||
| Appointment of members of Related Party Transactions Committee | Approved | ||
| Appointment of members of Compensation Committee | Approved | ||
| 4th | Apr.26.2018 | Approval of the Q1 2016 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 5th | Jul.27.2018 | Approval of the Q2 2016 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of related party transactions of insurance | Approved | ||
| 6th | Oct.25.2018 | Approval of the Q3 2018 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Appointment of compliance officer | Approved | ||
| 7th | Nov.23.2018 | Approval of self-dealing limit | Approved |
| Approval of related party transactions of insurance | Approved |
| Session | Date | Agenda | Status |
|---|---|---|---|
| 1st | Jan.26.2017 | Approval of FY2016 financial statements and annual business report | Approved |
| 2nd | Feb.28.2017 | Decision to convene the 44th AGM | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 3rd | Mar.24.2017 | Approval of amendments to the Articles of Incorporation | Approved |
| Appointment of the Chairman of the Board of Directors | Approved | ||
| Setting the remuneration of directors | Approved | ||
| 4th | Apr.27.2017 | Approval of the Q1 2016 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| Approval of investment in related party transactions | Approved | ||
| 5th | Jul.28.2017 | Approval of the Q2 2016 financial statements and business report | Approved |
| Approval of related party transactions of goods and services | Approved | ||
| 6th | Oct.30.2017 | Approval of the Q3 2016 financial statements and business report | Approved |
| Approval of self-dealing limit | Approved | ||
| Approval of related party transactions of goods and services | Approved | ||
| Approval of related party transactions of insurance | Approved | ||
| Donation to Samsung Life Public Welfare Foundation | Approved | ||
| 7th | Dec.20.2017 | Appointment of the Chairman of the Board of Directors | Approved |
| Appointment of CEO | Approved | ||
| Approval of director's concurrent position as director of Samsung Lions (Director Daeki Lim resigned in March 2018) |
Approved | ||
| Pre-approval of FY2017 dividend policy | Approved |
Corporate Governance ▪ Board Committees
Board Committees
-
- Composition
- More than two executive directors
-
- Members
- Jonghyun Kim, Wooyoung Kang, Taihai Kim
-
- Purpose
- To increase the speed and efficiency of decision making.
-
- Authority
- To deliberate and decide matters delegated by the Board of Directors
-
- Composition
- More than two independent directors and at least one executive director
-
- Members
- Byoungwan Chang , Wooyoung Kang, Seungwha Chang
-
- Purpose
- Establish transparent executive compensation system
-
- Authority
- To present items regarding compensation limits or schemes for Directors to be submitted at a general meeting of shareholders and decide other matters delegated by the Board of Directors
-
- Composition
- More than two independent directors and at least one executive director
-
- Members
- Byoungwan Chang , Wooyoung Kang, Seungwha Chang
-
- Purpose
- Enhance transparency of company management through establishment of fair trade compliance system
-
- Authority
- To present items regarding compensation limits or schemes for Directors to be submitted at a general meeting of shareholders and decide other matters delegated by the Board of Directors
- ※ In accordance with Article 542-8 Paragraph 4 of the Commercial Act, the company does not separately operate an outside director candidate recommendation committee with total assets less than KRW 2 trillion.
Activities
Management Committee
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2023 | Jan 12 | Appointment of the Chairman of the Management Committee | Approved |
| Coversion of the Australian branch to the corporation | Approved | ||
| Jan 30 | Approval of Management LTI | Approved | |
| Jul..27 | Approval of 6th(2020~2022) Management LTI payment | Approved | |
| Oct.20 | Approval of payment guarantee on US branch loan | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2022 | Jan 27 | Approval of 5th(2017~2019) Management LTI 3rd payment | Approved |
| May 2 | Approval of strategic investment in EVR Studio | Approved | |
| Oct 20 | Approval of payment guarantee on US branch loan | Approved | |
| Dec 6 | Approval of establishment of Maghreb branch | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2021 | Jan 21 | Approval of 5th(2017~2019) Management LTI 2nd payment | Approved |
| May 27 | Approval of increasing capital of Egypt branch | Approved | |
| July 22 | Apporoval of a rent payment guarantee on US Dallas branch | Approved | |
| Approval of acquisition of Hivelab's shares | Approved | ||
| 2021 | October 21 | Approval of buying additional shares of Samsung Heavy Industries | Approved |
| Approval of payment guarantee on US branch loan | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2020 | May 21 | Approval of acquisition of ColourData | Approved |
| August 18 | Approval of establishment of US Dallas branch | Approved | |
| Approval of acquisition of Iris additional shares and residual payment | Approved | ||
| August 27 | Approval of 5th(2017~2019) Management LTI payment | Approved | |
| October 29 | Approval of payment guarantee on US branch loan | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2019 | April 18 | Approval of merger between Cheil China and Bravo Shanghai | Approved |
| June 13 | Approval of acquisition of Iris additional shares and residual payment | Approved | |
| Aug 29 | Approval of changes in subsidiaries' shareholders | Approved | |
| Approval of Russia branch's rights issue | Approved | ||
| Sep 26 | Approval of establishment of US Dallas branch | Approved | |
| Oct 24 | Approval of payment guarantee on US branch loan | Approved | |
| Nov 21 | Approval of establishment of Egypt branch | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2018 | Mar.22 | Approval of participation in Samsung Heavy Industries' rights offering | Approved |
| Approval of payment guarantee by HQ for Iris UK new office lease contract | Approved | ||
| Apr.05 | Approval of acquisition of Centrade | Approved | |
| May.21 | Approval of acqusition of Experience Commerce | Approved | |
| Jul.05 | Approval of residual payment on acquisition of Iris | Approved | |
| Oct.04 | Approval of establishment of Argentina branch | Approved | |
| Oct.25 | Extension of payment guarantee for USA branch | Approved | |
| Nov.15 | Approval of acquisition of 89degrees and lending funds to Iris | Approved | |
| Nov.29 | Merger of Bravo Asia Hongkong branch and Cheil Hongkong branch | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2017 | Feb.02 | Approval of acqusition of PSL and lending funds to Iris | Approved |
| Apr.06 | Extension of payment guarantee for UK branch | Approved | |
| Apr.25 | Operation of evaluation and compensation (PI, PS) system | Approved | |
| May.31 | Approval of lending funds to Iris | Approved | |
| Jul.13 | Issuance of corporate bonds | Approved | |
| Aug.29 | Approval of acquisition of Iris additional shares and residual payment | Approved | |
| Sep.28 | Approval of lending funds to UK branch | Approved | |
| Nov.01 | Approval of payment guarantee on US branch loan | Approved | |
| Nov.09 | Approval of acquisition of Atom 42 and lending funds to Iris | Approved | |
| Nov.16 | Approval of establishment of Peru branch | Approved | |
| Nov.23 | Transfer of sales of SAMSUNG Galaxy Pro game team | Approved |
Compensation Committee
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2023 | Feb 15 | Appointment of head of the Compensation Committee | Approved |
| Approval of directors' compensation system | Approved | ||
| Approval of annual income for individual directors in 2023 | Approved | ||
| Prior review on 2023 remuneration ceiling for Directors | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2022 | Feb 16 | Approval of annual income for individual directors in 2022 | Approved |
| Prior review on 2022 remuneration ceiling for Directors | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2021 | Feb 17 | Approval of annual income for individual directors in 2021 | Approved |
| Prior review on 2021 remuneration ceiling for Directors | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2020 | Jan.28 | Appointment of head of the Compensation Committee | Approved |
| Approval of directors compensation system | Approved | ||
| Feb.26 | Approval of annual income for individual directors in 2020 | Approved | |
| Prior review on 2020 remuneration ceiling for Directors | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2019 | Feb.13 | Prior review on 2019 remuneration ceiling for Directors | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2018 | Feb.20 | Prior review on 2018 remuneration ceiling for Directors | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2017 | Feb.28 | Appointment of the Head of Compensation Committee | Approved |
| Prior review on 2017 remuneration ceiling for Directors | Approved | ||
| Jun.30 | Results of company / organization evaluation and target incentive payment in the first half of 2017 | Approved |
Related Party Transactions Committee
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2023 | Feb 15 | Prior review on Q2 2023 related party transactions of goods and services | Approved |
| Apr 27 | Prior review on Q3 2023 related party transactions of goods and services | Approved | |
| Jul. 27 | Prior review on Q4 2023 related party transactions of goods and services | Approved | |
| Dec. 21 | Prior review on trade limit with major shareholders | Approved | |
| Prior review on related party transactions of insurance | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2022 | Feb 16 | Prior review on Q2 2022 related party transactions of goods and services | Approved |
| Apr 28 | Appointment of the head of the Related Party Transactions Committee | Approved | |
| Prior review on Q3 2022 related party transactions of goods and services | Approved | ||
| Jul 28 | Prior review on Q4 2022 related party transactions of goods and services | Approved | |
| Oct 26 | Prior review on Q1 2023 related party transactions of goods and services | Approved | |
| Dec 8 | Approval of self-dealing limit for FY2023 | Approved | |
| Approval of related party transactions of insurance | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2021 | Feb 17 | Prior review on Q2 2021 related party transactions of goods and services | Approved |
| April 29 | Prior review on Q3 2021 related party transactions of goods and services | Approved | |
| July 26 | Prior review on Q4 2021 related party transactions of goods and services | Approved | |
| 2021 | Oct 28 | Prior review on Q1 2022 related party transactions of goods and services | Approved |
| Dec 9 | Prior review on self-dealing limit | Approved | |
| Prior review on related party transactions of insurance | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2020 | Feb 26 | Prior review on Q2 2020 related party transactions of goods and services | Approved |
| April 28 | Prior review on Q3 2020 related party transactions of goods and services | Approved | |
| July 30 | Prior review on Q4 2020 related party transactions of goods and services | Approved | |
| Oct 20 | Prior review on Q1 2021 related party transactions of goods and services | Approved | |
| Dec 10 | Prior review on self-dealing limit | Approved | |
| Prior review on related party transactions of insurance | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2019 | Feb.13 | Prior review on 2019 remuneration ceiling for Directors | Approved |
| April 24 | Appointment of the head of the Related Party Transactions Committee | Approved | |
| Prior review on Q3 2019 related party transactions of goods and services | Approved | ||
| July 22 | Prior review on Q4 2019 related party transactions of goods and services | Approved | |
| Oct 23 | Prior review on Q1 2020 related party transactions of goods and services | Approved | |
| Nov 19 | Prior review on self-dealing limit | Approved | |
| Prior review on related party transactions of insurance | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2018 | Feb.20 | Prior review on Q2 2018 related party transactions of goods and services | Approved |
| Apr.26 | Appointment of the Head of Related Party Transactions Committee | Approved | |
| Prior review on Q3 2018 related party transactions of goods and services | Approved | ||
| Jul.27 | Prior review on Q4 2018 related party transactions of goods and services | Approved | |
| Prior review on related party transactions of insurance | Approved | ||
| Oct.25 | Prior review on Q1 2019 related party transactions of goods and services | Approved | |
| Nov.23 | Prior review on self-dealing limit | Approved | |
| Prior review on related party transactions of insurance | Approved |
| Year | Date | Agenda | Status |
|---|---|---|---|
| 2017 | Fed.28 | Prior review on Q2 2017 related party transactions of goods and services | Approved |
| Apr.27 | Prior review on Q3 2017 related party transactions of goods and services | Approved | |
| Prior review on investment in related party transactions | Approved | ||
| Jul.28 | Prior review on Q4 2017 related party transactions of goods and services | Approved | |
| Oct.30 | Prior review on self-dealing limit | Approved | |
| Prior review on Q1 2018 related party transactions of goods and services | Approved |
Corporate Governance ▪ Audit System
Audit System
The Company has not established the Audit Committee as of the date of the report. Instead, a full-time auditor (Lee, Hong Sub) appointed by the result of AGM plays a role as an audit committee.
The auditor can attend the board meetings and independently supervise the directors' work, and request the relevant department to submit books and documents related to the work. In addition, if necessary, the auditor can be reported on the business status the company, and access management information in proper manners. The auditor may also request a report on subsidiaries in accordance with the Articles of Incorporation and if not reported in timely manner or it is necessary to confirm the contents of the report, the auditor may investigate the work and property status of the subsidiary. The auditor receives reports on internal accounting management system activities, evaluate it, submit an evaluation report to the year-end closing board meeting and may investigate the operation of the system if necessary.
- Ph.D. in Accounting, Dongguk University (2016)
- VP, Financial Gruop in Audit division, Deloitte Anjin Korea (2003)
- Senior VP, Financial Gruop in Audit division, Deloitte Anjin Korea (2007)
- Shinhan Accounting Firm (2018)
- Auditor, Cheil Worldwide (Present)
- ※ KICPA & Korea Tax Accountant
Activities
- Evaluation and report of FY2023 Internal accounting management system operation (2024. Jan. 30 ~ Feb. 13)
- The auditor's opinions is immediately reported to the CEO, and if necessary, the disciplinary committee is established and the follow-up management is carried out in timely manner.
<Auditor's Board Meetings Attendance>
| Session | Date | Agenda | Attendance |
|---|---|---|---|
| 1st | Jan.31.2023 | Approval of FY2022 financial statements and annual business report | Present |
| 2nd | Feb.15.2023 | Decision to convene the 50th AGM | Present |
| Approval of related party transactions of goods and services | Present | ||
| 3rd | Mar.16.2023 | Appointment of directors' responsibilities and duties | Present |
| Setting the remuneration of directors | Present | ||
| Appointment of members of Business Management Committee | Present | ||
| Appointment of members of Related Party Transactions Committee | Present | ||
| Appointment of members of Compensation Committee | Present | ||
| Approval of safety and health plan for 2023 | Present | ||
| Approval of regulations on CSO authority and responsibility | Present | ||
| 4th | Apr.27.2023 | Approval of the 51st Q1 2023 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 5th | Jul.27.2023 | Approval of the 51st H1 2022 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Approval of donation to a social welfare organization | Present | ||
| 6th | Oct.27.2023 | Approval of the 51st Q3 2022 financial statements and business report | Present |
| Approval of amendment to rules for board of directors | Present | ||
| Appointment of a lead independent director | Present | ||
| 7th | Nov.27.2023 | Approval of donation to a social welfare organization | Present |
| Approval of donation to Korea volleyvall association | Present | ||
| 8th | Dec.21.2023 | Approval of trade limit with major shareholders | Present |
| Approval of related party transactions of insurance | Present |
| Session | Date | Agenda | Attendance |
|---|---|---|---|
| 1st | Jan.27.2022 | Approval of FY2021 financial statements and annual business report | Present |
| 2nd | Feb.16.2022 | Decision to convene the 49th AGM | Present |
| Approval of related party transactions of goods and services | Present | ||
| 3rd | Mar.17.2022 | Appointment of directors' responsibilities and duties | Present |
| Appointment of BOD Chairman | Present | ||
| Appointment of CEO | Present | ||
| Setting the remuneration of directors | Present | ||
| Appointment of members of Business Management Committee | Present | ||
| Appointment of members of Related Party Transactions Committee | Present | ||
| Appointment of members of Compensation Committee | Present | ||
| 4th | Apr.28.2022 | Approval of the 50th Q1 2022 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Approval of donation to a social welfare organization | Present | ||
| Approval of safety and health plan for 2022 | Present | ||
| 5th | Jul.28.2022 | Approval of the 50th H1 2022 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 6th | Oct.26.2022 | Approval of the 50th Q3 2022 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Approval of speical donation to Korea Chamber of Commerce and Industry | Present | ||
| 7th | Dec.08.2022 | Appointment of CEO | Present |
| Approval of amendment of self-dealing limit for FY2022 | Present | ||
| Approval of self-dealing limit for FY2023 | Present | ||
| Approval of related party transactions of insurance | Present | ||
| Approval of donation to Korea volleyvall association | Present |
| Session | Date | Agenda | Attendance |
|---|---|---|---|
| 1st | Jan.28.2021 | Approval of FY2020 financial statements and annual business report | Present |
| 2nd | Feb.17.2021 | Decision to convene the 48th AGM | Present |
| Approval of Adopting Electronic Voting for AGM | Present | ||
| Approval of related party transactions of goods and services | Present | ||
| 3rd | Mar.18.2021 | Appointment of directors' responsibilities and duties | Present |
| Setting the remuneration of directors | Present | ||
| Appointment of members of Business Management Committee | Present | ||
| Appointment of members of Related Party Transactions Committee | Present | ||
| Appointment of members of Compensation Committee | Present | ||
| 4th | April.29.2021 | Approval of the 49th Q1 2021 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Approval of safety and health plan for 2021 | Present | ||
| 5th | July.26.2021 | Approval of the 49th H1 2021 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Approval of Donation to Samsung Life Public Welfare Foundation & Community Chest of Korea | Present | ||
| 6th | Oct.28.2021 | Approval of the 49th Q3 2021 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Appointment of compliance officer | Present | ||
| 7th | Dec.9.2021 | Approval of self-dealing limit | Present |
| Approval of related party transactions of insurance | Present | ||
| Approval of amendment to rules for board of directors and board committees | Present | ||
| Approval of donation to scholarship foundation | Present |
| Session | Date | Agenda | Attendance |
|---|---|---|---|
| 1st | Jan.28.2020 | Approval of FY2020 financial statements and annual business report | Present |
| Revision to Compensation Committee regulations | Present | ||
| 2nd | Feb.26.2020 | Decision to convene the 48th AGM | Present |
| Approval of related party transactions of goods and services | Present | ||
| 3rd | Mar.19.2020 | Appointment of directors' responsibilities and duties | Present |
| Setting the remuneration of directors | Present | ||
| Appointment of members of Related Party Transactions Committee | Present | ||
| Appointment of members of Compensation Committee | Present | ||
| 4th | April.28.2020 | Approval of the 48th Q1 2020 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 5th | July.30.2020 | Approval of the 48th H1 2020 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 6th | Oct.20.2020 | Approval of the 48th Q3 2020 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Revision to Board regulations | Present | ||
| 7th | Dec.10.2020 | Approval of self-dealing limit | Present |
| Approval of related party transactions of insurance | Present |
| Session | Date | Agenda | Attendance |
|---|---|---|---|
| 1st | Jan.31.2019 | Approval of FY2018 financial statements and annual business report | Present |
| Revision to internal accounting management system regulations | Present | ||
| 2nd | Feb.13.2019 | Decision to convene the 46th AGM | Present |
| Approval of related party transactions of goods and services | Present | ||
| 3rd | Mar.21.2019 | Appointment of directors' responsibilities and duties | Present |
| Appointment of BOD Chairman | Present | ||
| Appointment of CEO | Present | ||
| Setting the remuneration of directors | Present | ||
| Appointment of members of Related Party Transactions Committee | Present | ||
| Appointment of members of Compensation Committee | Present | ||
| 4th | April.24.2019 | Approval of the 47th Q1 2019 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 5th | July.22.2019 | Approval of the 47th H1 2019 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 6th | Oct.23.2019 | Approval of the 47th Q3 2019 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present |
| Session | Date | Agenda | Attendance |
|---|---|---|---|
| 1st | Jan.30.2018 | Approval of FY2017 financial statements and annual business report | Present |
| 2nd | Feb.20.2018 | Decision to convene the 45th AGM | Present |
| Approval of related party transactions of goods and services | Present | ||
| 3rd | Mar.21.2018 | Appointment of directors' responsibilities and duties | Present |
| Setting the remuneration of directors | Present | ||
| Appointment of members of Related Party Transactions Committee | Present | ||
| Appointment of members of Compensation Committee | Present | ||
| 4th | Apr.26.2018 | Approval of the Q1 2016 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| 5th | Jul.27.2018 | Approval of the Q2 2016 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Approval of related party transactions of insurance | Present | ||
| 6th | Oct.25.2018 | Approval of the Q3 financial statements and business report | Present |
| Approval of related party transactions of goods and services | Present | ||
| Appointment of compliance officer | Present | ||
| 7th | Nov.23.2018 | Approval of self-dealing limit | Present |
| Approval of related party transactions of insurance | Present |
Corporate Governance ▪ Shareholders Meeting
51st Annual Meeting of Shareholders
-
- Date
- March 21, 2024, 9am KST
-
- Location
- i-Seminar Hall(11F), Cheil Building(222 Itaewon-ro Yongsan-gu, Seoul)
| Agenda | Agenda | Results | Approval rate |
|---|---|---|---|
| Item 1 |
Approval of Audited Financial Statements for the 51st fiscal year (Jan.1 2023~Dec.31 2023) including Statement of Appropriation of Retained Earnings & Consolidated Financial Statements · Dividend per Common Share (Plan): KRW 1,110 upon approval at the AGM |
Approved |
95.10% |
| Item 2 |
Appointment of Directors -2-1 : Appointment of Independent Director (Chang, Seungwha/Newly-nominated) -2-2 : Appointment of Executive Director (Kim, Jonghyun/Re-nominated) -2-3 : Appointment of Executive Directors (Kim, Taihai/Newly-nominated) |
Approved
Approved
Approved
|
98.99%
95.92%
94.16%
|
| Item 3 |
Appointment of Internal Auditor (Lee, Hongsub/Re-nominated) |
Approved |
99.77% |
| Item 4 | Approval of the Remuneration Limit for Directors for 52nd fiscal year | Approved |
76.17% |
| Item 5 | Approval of the Remuneration Limit for Internal Auditors for 52nd fiscal year | Approved |
76.18% |
|
1) Shares present : 75,827,741 (Total number of shares present at the Annual General Meeting of Shareholders) 2) Approval rate : Ratio of shares voting for agenda collected through proxy(writing) and e-voting in advance |
|||
-
The 51st AGM Proxy Material
-
The 51st AGM Letter of Authorization
Previous Meetings
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Financial Statements and Annual Dividends (FY2022) | Approved |
| Item 2 |
Appointment of Executive Director - 2-1 : Appointment of Exeutive Directors (Kang, Wooyoung/Newly-nominated) |
Approved |
| Item 3 | Approval of the Remuneration Limit for Directors for the 51st fiscal year | Approved |
| Item 4 | Approval of the Remuneration Limit for Internal Auditor for the 51st fiscal year | Approved |
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Financial Statements and Annual Dividends (FY2021) | Approved |
| Item 2 |
Appointment of Directors Item 2-1. Appointment of Independent Directors (Chang, Byoungwan/Newly-nominated) Item 2-2. Appointment of Executive Director (Yoo, Jeongkeun/Re-nominated) |
Approved |
| Item 3 | Approval of the Remuneration Limit for Directors for the 50th fiscal year | Approved |
| Item 4 | Approval of the Remuneration Limit for Internal Auditor for the 50th fiscal year | Approved |
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Financial Statements and Annual Dividends (FY2020) | Approved |
| Item 2 |
Appointment of Directors Item 2-1. Appointment of Independent Directors (Oh, Yoon/Re-nominated) Item 2-2. Appointment of Executive Director (Kim, Jonghyun/Re-nominated) |
Approved |
| Item 3 |
Appointment of Internal Auditor Lee, Hongsub (Newly nominated) |
Approved |
| Item 4 | Approval of the Remuneration Limit for Directors for the 49th fiscal year | Approved |
| Item 5 | Approval of the Remuneration Limit for Internal Auditor for the 49th fiscal year | Approved |
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Financial Statements and Annual Dividends (FY2019) | Approved |
| Item 2 |
Approval of Amendments to the Articles of Incorporation Item 2-1. Add the purpose of the company is to engage in Item 2-2. Introduce electronic registration of securities, bonds, etc. |
Approved |
| Item 3 |
Appointment of Directors (Executive Director) Honggu Jung, New-nominee |
Approved |
| Item 4 | Approval of the Remuneration Limit for Directors for the 48th fiscal year | Approved |
| Item 5 | Approval of the Remuneration Limit for Internal Auditor for the 48th fiscal year | Approved |
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Audited Financial Statements and Annual Dividends (FY2018) | Approved |
| Item 2 | Appointment of Directors(1 Executive Directors, 1 Independent Director) | Approved |
| Item 3 | Approval of Director Remuneration Limit (FY2019) | Approved |
| Item 4 | Approval of Auditor Remuneration Limit (FY2019) | Approved |
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Audited Financial Statements and Annual Dividends (FY2017) | Approved |
| Item 2 | Approval of Amendments to the Articles of Incorporation | Approved |
| Item 3 | Appointment of Directors(2 Executive Directors, 1 Independent Director) | Approved |
| Item 4 | Appointment of an Auditor | Approved |
| Item 5 | Approval of Director Remuneration Limit (FY2018) | Approved |
| Item 6 | Approval of Auditor Remuneration Limit (FY2018) | Approved |
| Agenda | Agenda | Results |
|---|---|---|
| Item 1 | Approval of Audited Financial Statements and Annual Dividends (FY2016) | Approved |
| Item 2 | Approval of Amendments to the Articles of Incorporation | Approved |
| Item 3 | Approval of Director Remuneration Limit (FY2017) | Approved |
| Item 4 | Approval of Auditor Remuneration Limit (FY2017) | Approved |
Protection of minority shareholders concerning AGM
We are committed to protecting the rights of the Company’s minority shareholders, whose rights are set forth below.:
- In accordance with the Commercial Code, shareholders who own more than 1.5% of outstanding shares with voting rights of the Company for more than six month may request to convene extraordinary general meetings.
- - Shareholders who own more than 1% of outstanding shares with voting rights for more than six months may present shareholder proposals six weeks before an AGM.
- - Shareholders can submit proposals either in paper documents or electronic documents with evidence forms including shareholder certificate. Name of shareholder, numbers of shares, proposals, contact information, whether proposals will be included in the notice of convocation of the meeting shall be stated.
- - The Board shall accept the proposal as an agenda item of a general meeting of shareholders, state the item in the notice of convocation of the meeting and the shareholder who made the proposal shall be given the opportunity to present the proposal at the meeting.
- - Exception might apply when such proposal is in violation of laws or the Articles of Incorporation, or where it is subject to the rejection of a shareholder proposal as stipulated in Article 12 of the Enforcement Degree of the Commercial Code.
IR Contact
- Investor Relations
- ircontact@cheil.com 02-3780-2823
- Minority Shareholders Help Desk
- ircontact@cheil.com 02-3780-2823
Iris Worldwide
Magazine
Cheil Worldwide HQ