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Summary
HYUNDAI WIA’s corporate governance structure
promotes transparent and responsible management under the supervision of a professional and independent board of directors. By promoting the interests of our stakeholders, including shareholders, customers, employees, and partners upholding their rights, HYUNDAI WIA will make a sustainable future.
Compliance Status of Key Governance Indicators
(As of May 30, 2025)
| Model Standard Recommendations | Adopted or not | Note |
|---|---|---|
| Notice of convocation issued four weeks prior to the general meeting of shareholders | O | Notice issued 29 days prior to the annual general meeting of shareholders |
| Electronic voting implemented | O | Implemented from February 26 to March 19 |
| General meeting of shareholders held on a date other than a concentrated meeting date | O | Meeting date: March 20 / Concentrated dates: March 21, 27, and 28 |
| Predictability provided with respect to cash dividends | O | General meeting date (dividend approval): March 20 / Dividend record date: March 27 |
| Dividend policy and dividend implementation plan notified to shareholders at least once a year | O | Notified through the Corporate Governance Report, Annual Report, website, etc. |
| CEO succession policy established and operated | O | Relevant policy established and operated |
| Internal control policies, including risk management, established and operated | O | Relevant regulations and processes are in operation |
| Outside director serves as chairperson of the board of directors | X | The roles are not separated |
| Cumulative voting adopted | X | Not adopted under the Articles of Incorporation |
| Policy established to prevent the appointment of executives responsible for damage to corporate value or infringement of shareholder rights | O | Internal policies established, including the Corporate Governance Charter and regulations on executive personnel management and compensation |
| Board composition is not of a single gender | O | One female director appointed |
| Independent internal audit department established | X | No independent organization under the Audit Committee |
| Internal audit body includes an accounting or finance expert | O | One Audit Committee member appointed as an accounting or finance expert |
| Internal audit body meets with the external auditor at least once each quarter without management present | O | Held quarterly in 2024 (four times) |
| Procedures established to allow the internal audit body access to important management information | O | Established under the Audit Committee Regulations |
