Guidelines on Independent Directors' Independence and Expertise & Diversity of the Board of Directors
LG Energy Solution’s Board of Directors constitutes more than majority of Independent directors in order to ensure the transparency and effectiveness of its governance structure and their reappointments are determined based on the evaluation of their activities and performance. In line with ‘Guidelines on the Expertise and Diversity of the Board of Directors’ and ‘Guidelines on Independent Directors’ Independence’, we strive to ensure that the Board consists of expert directors holding a diversity of experiences and perspectives to facilitate reasonably prudent decision-making process. We will continue to strengthen the independence, expertise and diversity of the Board and reinforce the sustainable governance system.
Corporate Governance Charter
LG Energy Solution established Corporate Governance Charter alongside Articles of Incorporation, which defines the company’s objectives and outlines the rules for its operations, in the belief that governance integrity promotes transparent and responsible business activities, which serve as a foundation to fulfilling social responsibility and creating sustainable values of the company. Based on this Corporate Governance Charter, LG Energy Solution protects the rights of shareholders and treats them fairly; establishes the transparency and accountability of the business through the Board of Directors and the Audit Bodies, which are structured and operated in an independent and experts manner; and strives to be a socially responsible company that respects the rights of various stakeholders.