Board of Directors
Configuration
| Category | Gender | Name | Main Career | Date of Appointment | Expiration date | Full-time status |
Insurance of directors’ liability for damage |
|---|---|---|---|---|---|---|---|
| Executive Director |
male | Jaehong Heo | CEO of Seronics / ChairPerson of the Board, L&F | 2018.03.22 | 2027.03.19 | Yes | Uninsured |
| male | Jehyeon Heo | Senior Vice President of L&F | 2018.03.22 | 2027.03.19 | Yes | Uninsured | |
| male | SuAn Choi | CEO of L&F | 2021.03.17 | 2027.03.19 | Yes | Uninsured | |
| Independent Director |
male | Jeomsu Kim | Professor, Department of Chemical Engineering, Dong-A University |
2021.03.17 | 2027.03.19 | No | Uninsured |
| male | Giseon Park | CEO, LCD Division, LG Philips | 2023.03.22 | 2026.03.21 | No | Uninsured | |
| female | Kyunghee Kim | Accountant, Jungjeong Accounting Corporation | 2023.10.25 | 2026.10.24 | No | Uninsured | |
| male | Woogyun Park | Auditor, Gwangseong Automotive Co., Ltd. | 2025.03.19 | 2028.03.19 | No | Uninsured | |
| male | Sungmin Park | Associate Professor, Department of Battery Engineering, Yonsei University |
2025.03.19 | 2028.03.19 | No | Uninsured |
Board Skills Matrix
| Category | Name | Board Skils Matrix | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Industrial competency |
Economics and managemen |
Finance and Accounting |
Auditing | Legal and policy |
Risk managemen |
ESG | Global | |||
| Internal Director |
Jaehong Heo | |||||||||
| Jehyeon Heo | ||||||||||
| SuAn Choi | ||||||||||
| Independent Director |
Jeomsu Kim | |||||||||
| Giseon Park | ||||||||||
| Kyunghee Kim | ||||||||||
| Woogyun Park | ||||||||||
| Sungmin Park | ||||||||||
Governance Charter
L&F recognizes the value of establishing a sound governance structure to secure the trust of stakeholders.
Accordingly, we aim to establish a corporate governance charter and strive to achieve a transparent governance structure for the promotion of shareholder rights, protection of stakeholder rights, and sustainable growth.
Current status of the committee
The composition of a committee in Board
| Category | Name | Gender | Audit committee | Outside Director Candidate Recommendation Committee |
Internal Transaction Committee | ESG Committee | Personnel and Compensation Committee |
|---|---|---|---|---|---|---|---|
| Internal Director | Jaehong Heo | male | ○ | ○ | |||
| Jehyeon Heo | male | ||||||
| SuAn Choi | male | ||||||
| Independent Director | Jeomsu Kim | male | ○ | ○ | ○ | ||
| Giseon Park | male | ○ | ● | ○ | ○ | ||
| Kyunghee Kim | female | ● | ● | ○ | |||
| Woogyun Park | male | ○ | ○ | ○ | ● | ||
| Sungmin Park | male | ○ |
※ ● : Chair, ○ : Commissioner
External Auditor
| Corporate name | Term |
|---|---|
| Samjong Accounting Corporation | 2025.01.01 ~ 2027.12.31 |
Ethics and Compliance Management
Code of Ethics
Our company will strive hard for the growth and development of all related parties including our stock members and increase the company value by progressive and effective management activities. As a corporation, we will put our maximum effort to sincerely fulfill our duties and commitments. Our company respects all of laws and market system in the world & leads in establishment of fair transaction system. We also respect the cultural values and customs and contribute the development the country and the society by various social service activities.
Information Security Management
L&F prioritizes the safeguarding of information assets for both Internal and external stakeholders, especially partners directly involved in the value chain, making information security a paramount concern. Given L&F’s possession of national core battery material technologies, we operate a data security management system covering the production, research, and management of core technologies in adherence to the Act on prevention of Divulgence and Protection of Industrial Technology. Additionally, we have acquired international certifications such as ISO 27001(Information Security Management System) and ISO/IEC 27701, continually elevating our Security management standards.
Information Security Board structure
Securlty Incident Response & Recovery System
Security Incident Response Process
We have established a security incident reponse process to promptly and effectively address incidents, minimizing associated damages. This process has been made public, and all employees are actively participating in the related training and procedures. By doing so, we are instilling a culture of information security into our daily routines.
Responsibilities and Authorities of Security Incident
The security incident response process stipulates the responsibilities and authorities of the Information Security Officer, the Information Security Manager, and the Security Personnel, respectively, in the event of a security incident.
The Information Protection Committee decides on the incident-handling direction on severe security accidents and requests cooperation from related external insititutions while revisioning and deliberating on information protection policies.
Follow-up Measures on Security Incidents
Following a security incident, we conduct a thorough review of the relevant processes to prevent any recurrence of the same issue. In our efforts to avoid recurrence, the Information Security Officer provides training, reviews the incident response system, and maintains a record of past incidents. Furthermore, we enhance the educational materials regarding security incident response to bolster our preparedness
Environmental, Health, and Safety Management
Environmental, health and Safety system establishment
Committed to these ideals, secured its Environmental Safety Management System ISO14001 certification in 2007 and has diligently maintained its certification status. Beginning in 2018, L&F also achieved the Occupational Health and Safety Management System ISO45001 certification. L&F has been tenaciously refining its environmental safety and occupational health and safety management systems, capitalizing on insights gained during the ISO 14001 and ISO 45001 certification processes. Moving forward, L&F is poised to fortify its integration with the overarching sustainable management infrastructure of the organization.
Environmental, health and Safety board structure
L&F conducts various campaigns and education programs to foster a culture of internal safety.
Through events and training, all employees actively participate to enhance safety awareness.
Additionally, monthly environmental safety days are organized to increase workers' awareness and interest in safety.
Ethics Hotline
- 1. Target
- 2. Type
- 3. Processing procedure
You may reports on unreasonable requests using employee positions and employee’s receipt of reward (money or other valuables) from interested parties It must be reportedunder the real name of the informant, and non-factual slander and personal privacy matters will not be processed.
Any act that infringes on the right and dignity of an employee in the workplace, causing physical or mental pain to other employees or worsening the work environment by using the superior position in the workplace (refer to Article 5 of our workplace harassment prevention regulations)
Acts that make others feel sexually humiliated or disgusted by using their position in the workplace or by sexual verbal or sexual demands related to workActs that gives an employment penalty for the other party's sexual speech or non-compliance with a request
Violation of OECD guidelines for responsible supply chains to enable L&F to investigate and interact with suppliers in conflict areas when purchasing cobalt and other minerals.
In connection with the mining and extraction of raw materials, potential human rights violations such as child labor, forced labor, and all kinds of slavery and human trafficking are involved.
Collection and Use of Personal Information
* Personal information collected and the method to collect the information
Ethics Hotline of the L&F collects personal information for faith treatment of the report within the minimum required range. The information collected is ‘Name, e-mail address, telephone (cell phone) number’. If you do not want to provide personal information, you can report via ‘Anonymity’. But anonymous reporting may have some limitation in confirming the receipt of report and handling the case.
* Collection of Personal Information and Its Purpose
Collection of Personal Information and Its Purpose is for handling the report including additional check for the complaint when necessary, help for confirmation of receipt of report, etc.
* Treatment of Personal Information and Retention Period
Personal information collected via L&F Hotline system is to be kept in principle for 1 year after the closing of the case for the report, but exceptions apply to cases in need of additional retention. * Consent to provide personal information to a third party
In order to handle the report, the personal information may be provided to a related company; if you do not want this, you should use Anonymity Report system.
- Person receiving personal information : Young-chan Lee / Information Security team / phone : 82-53-580-0792 / Team leader / mail : admin@landf.co.kr
- Personal information provided: Name, e-mail address, telephone (cell phone) number
- Purpose of providing personal information: to handle the report including additional check for the complaint when necessary, help for confirmation of receipt of report, etc.
- Period of retention and use: the same as Treatment of Personal Information and Retention Period
· Employees' job-related misconduct, dishonor, and dignity and acts that damage the reputation of L&F
· Employees' embezzlement of money and commission
· Dissemination of false facts and rumors
· Cases of double employment of L&F’s employees
· Acceptance of gifts and entertainment
· Harassment related to personnel such as promotion and hiring
· Leakage of corporate secrets and customer-related information
· Other acts that violate the company's code of ethics
· Unfair Handling of Employee Duties
· Serious Violation of Other Regulations and Company Policies
· A case of disorder caused by sexual harassment
