
Audit Committee
Objectives
The Audit Committee, a sub-committee under the Board of Directors (BoD), is entitled to monitor the company’s accounting and business activities. Kia established the Committee on March 28, 2000 as required under Article 415-2 and Article 542-11 of Commercial Act.
Composition
The Audit Committee is composed of three external directors who shall be appointed at a General Meeting of Shareholders among the candidates recommended by the BoD.
-
Duk-Joong Kim
External Director
- First Appointment Date
- March 24, 2017
- Last Appointment Date
- March 24, 2020
- Term
- 3 years
- Remarks
- Chairman
-
Wha-Sun Jho
External Director
- First Appointment Date
- March 22, 2021
- Last Appointment Date
- March 22, 2021
- Term
- 3 years
- Remarks
- -
-
Dong-One Kim
External Director
- First Appointment Date
- March 29, 2022
- Last Appointment Date
- March 29, 2022
- Term
- 1 year
- Remarks
- -
* Requirements under Commercial Act: The Audit Committee shall consist of at least three directors. Provided, the ratio of external directors shall exceed two thirds of the total number of members.
Makeup and Operation of Audit System
Year
Category | Sub-category | 2019 | 2020 | 2021 |
---|---|---|---|---|
External auditor |
Non-auditing renumeration against renumeration to external auditors for auditing |
· Auditing : KRW 1,580 mil · Non-auditing : KRW 191 mil |
· Auditing : KRW 1,630 mil · Non-auditing : none |
· Auditing : KRW 1,800 mill · Non-auditing : none |
Inspection on compliance control standards provided in business reports | Compliance control inspection | Self-compliance inspection and disclosure of business reports (Kor) | Self-compliance inspection and disclosure of business reports (Kor) | Self-compliance inspection and disclosure of business reports (Kor) |
Expertise of Audit Committee
Year
Content | 2019 | 2020 | 2021 |
---|---|---|---|
The number of Audit Committee members who meet the requirements of accounting and financial experts under the law. | 1 person | 2 person | 2 person |
Audit-related training by Audit Committee members or specialized auditor | 1 time | 2 times | 1 time |
Operation
Date
Date | Agenda Items / Reported Matters |
Whether approved |
Remarks |
---|---|---|---|
26-Jan-2022 |
Reported Matters
|
- | - |
25-Fed-2022 |
Agenda Items
Reported Matters
|
Approved | - |
25-Apr-2022 |
Reported Matters
|
- | - |
22-Jul-2022 |
Agenda Items
Reported Matters
|
Approved | - |
24-Oct-2022 |
Agenda Items
Reported Matters
|
Approved | - |
27-Jan-2021 |
Reported Matters
|
- | - |
19-Feb-2021 |
Agenda Items
Reported Matters
|
Approved | - |
22-Apr-2021 |
Reported Matters
|
- | - |
22-Jul-2021 |
Reported Matters
|
- | - |
27-Oct-2021 |
Reported Matters
|
- | - |
09-Dec-2021 |
Agenda Items
Reported Matters
|
Approved | - |
22-Jan-2020 |
Reported Matters
|
- | - |
19-Feb-2020 |
Agenda Items
Reported Matters
|
Approved | - |
23-Apr-2020 |
Reported Matters
|
- | - |
23-Jul-2020 |
Reported Matters
|
- | - |
26-Oct-2020 |
Agenda Items
Reported Matters
|
Approved | - |
30-Nov-2020 |
Agenda Items
Reported Matters
|
Approved | - |
25-Jan-2019 |
Agenda Items
Reported Matters
|
Approved | - |
20-Feb-2019 |
Reported Matters
|
- | - |
15-Mar-2019 |
Agenda Items
|
Approved | - |
25-Apr-2019 |
Reported Matters
|
- | - |
23-Jul-2019 |
Reported Matters
|
- | - |
24-Oct-2019 |
Reported Matters
|
Approved | - |
25-Jan-2018 |
Agenda Items
Reported Matters
|
Approved | - |
12-Feb-2018 |
Agenda Items
Reported Matters
|
Approved | - |
27-Apr-2018 |
Reported Matters
|
- | - |
27-Jul-2018 |
Reported Matters
|
- | - |
26-Oct-2018 |
Reported Matters
|
- | - |
26-Jan-2017 |
Agenda Items
Reported Matters
|
Approved | - |
23-Feb-2017 |
Agenda Items
Reported Matters
|
Approved | - |
24-Mar-2017 |
Agenda Items
|
Approved | - |
07-Apr-2017 |
Agenda Items
|
Approved | - |
27-Jul-2017 |
Reported Matters
|
- | - |
27-Oct-2017 |
Reported Matters
|
- | - |
Date | Agenda Items / Reported Matters | Whether approved |
Remarks |
---|---|---|---|
26-Jan-2022 |
Reported Matters
|
- | - |
25-Fed-2022 |
Agenda Items
Reported Matters
|
Approved | - |
25-Apr-2022 |
Reported Matters
|
- | - |
22-Jul-2022 |
Agenda Items
Reported Matters
|
Approved | - |
24-Oct-2022 |
Agenda Items
Reported Matters
|
Approved | - |
Date | Agenda Items / Reported Matters | Whether approved |
Remarks |
---|---|---|---|
27-Jan-2021 |
Reported Matters
|
- | - |
19-Feb-2021 |
Agenda Items
Reported Matters
|
Approved | - |
22-Apr-2021 |
Reported Matters
|
- | - |
22-Jul-2021 |
Reported Matters
|
- | - |
27-Oct-2021 |
Reported Matters
|
- | - |
09-Dec-2021 |
Agenda Items
Reported Matters
|
Approved | - |
Date | Agenda Items / Reported Matters | Whether approved |
Remarks |
---|---|---|---|
22-Jan-2020 |
Reported Matters
|
- | - |
19-Feb-2020 |
Agenda Items
Reported Matters
|
Approved | - |
23-Apr-2020 |
Reported Matters
|
- | - |
23-Jul-2020 |
Reported Matters
|
- | - |
26-Oct-2020 |
Agenda Items
Reported Matters
|
Approved | - |
30-Nov-2020 |
Agenda Items
Reported Matters
|
Approved | - |
Date | Agenda Items / Reported Matters | Whether approved |
Remarks |
---|---|---|---|
25-Jan-2019 |
Agenda Items
Reported Matters
|
Approved | - |
20-Feb-2019 |
Reported Matters
|
- | - |
15-Mar-2019 |
Agenda Items
|
Approved | - |
25-Apr-2019 |
Reported Matters
|
- | - |
23-Jul-2019 |
Reported Matters
|
- | - |
24-Oct-2019 |
Reported Matters
|
Approved | - |
Date | Agenda Items / Reported Matters | Whether approved |
Remarks |
---|---|---|---|
25-Jan-2018 |
Agenda Items
Reported Matters
|
Approved | - |
12-Feb-2018 |
Agenda Items
Reported Matters
|
Approved | - |
27-Apr-2018 |
Reported Matters
|
- | - |
27-Jul-2018 |
Reported Matters
|
- | - |
26-Oct-2018 |
Reported Matters
|
- | - |
Date | Agenda Items / Reported Matters | Whether approved |
Remarks |
---|---|---|---|
26-Jan-2017 |
Agenda Items
Reported Matters
|
Approved | - |
23-Feb-2017 |
Agenda Items
Reported Matters
|
Approved | - |
24-Mar-2017 |
Agenda Items
|
Approved | - |
07-Apr-2017 |
Agenda Items
|
Approved | - |
27-Jul-2017 |
Reported Matters
|
- | - |
27-Oct-2017 |
Reported Matters
|
- | - |