Governance

We strive to be
transparent
for both
shareholders and
stakeholders

Corporate Governance
Guidelines

GS Holdings is following the governance guidelines to ensure fair, transparent, and sustainable management by forming a board of directors and auditing body with expertise and independence. We strive to continuously build trust and grow together with all stakeholders, including shareholders, customers, and employees.

Board of Directors and Committees

Board of Directors

The general shareholders' meeting decides and assigns the board of director members. The Outside Director Candidate Recommendation Committee recommends the director candidates following the selection criteria, such as sincerity, specialty, and qualification in related legislation.

Internal Director

Name	Official Title	Appointed Date	Expiration Date	Work Experience
Tae-Soo Huh	Chairman of the Board CEO	2020.3.27	2026.3.29	GS Holdings Chairman (Current) GS Homeshopping Chairman
Soon-Ky Hong	CEO	2020.3.27	2026.3.29	GS Holdings CEO (Current) GS Holdings CFO
Yeon-Soo Huh	Non-Executive Director	2020.3.27	2026.3.29	GS Retail CEO (Current)

Outside Director

Name	Appointed Date	Expiration Date	Work Experience
Oh-Seok Hyun	2018.3.23	2024.3.29	Minister of Strategy and Finance and Deputy Prime Minister AIIB Advisor
Jin-Hyun Han	2021.3.29	2024.3.29	2nd Vice Minister, Ministry of Trade, Industry, and Energy
Moon Hyo Eun	2022.3.28	2025.3.28	Vice President of Daum Communication (currently Kakao)
Deuck Churl Han	2023.3.29	2026.3.29	Former Vice President of Samil PWC

Audit Committee

Member	Official Title	Appointed Date	Expiration Date
Deuck Churl Han (Outside Director)	Chairman of the Audit Committee	2023.3.29	2026.3.29
Oh-Seok Hyun (Outside Director)	Member of the Audit Committee	2018.3.23	2024.3.29
Jin-Hyun Han (Outside Director)	Member of the Audit Committee	2021.3.29	2024.3.29

Outside Auditor

Name	Official Title	Appointed Date	Appointment Term
2022	Anjin deloitte LLC	2021.12.31	3 years
2019	Samjong KPMG LLC	2018.12.11	3 years
2016	Samjong KPMG LLC	2016.02.24	3 years
2013	Samjong KPMG LLC	2013.02.22	3 years
2010	Samjong KPMG LLC	2010.02.19	3 years

Outside Director Candidate Recommendation Committee

Member	Official Title	Appointed Date	Expiration Date
Deuck Churl Han	Member of the Committee	2023.3.29	2026.3.29
Jin-Hyun Han (Outside Director)	Member of the Committee	2021.3.29	2024.3.29
Soon-Ky Hong (CEO)	Member of the Committee	2020.3.27	2023.3.27

Outside Director Candidate Recommendation Committee has appointed Deuck Churl Han as a new member on March 29, 2023, and since the Committee hasn’t held until this date of report, the seat of Chairman remains vacant. It will appoint its chairman in an upcoming meeting.

ESG Committee

GS Holdings has established the ESG Committee under the Board of Directors to ensure appropriate supervision over ESG implementations. The ESG Committee aims to set strategies, decide action plans, and manage operations to be more environmentally, socially, govermmentally sustainable.

Current Status of ESG Committee

Member	Official Title	Appointed Date	Expiration Date
Oh-Seok Hyun (Outside Director)	Chairman of the ESG Committee	2018.3.23	2024.3.29
Moon Hyo Eun (Outside Director)	Member of the ESG Committee	2022.3.28	2025.3.28
Soon-Ky Hong (CEO)	Member of the ESG Committee	2020.3.27	2023.3.27