| Type | Name | Gender | Post | Terms | Duty | Initial Appointment |
Most Recent Appointment |
Executive Liability Insurance |
|---|---|---|---|---|---|---|---|---|
| Inside Directors | Shin Dong-bin | Male | CEO & Chairman (full-time) | 2 years | Chief executive | 2004.05.28 | 2025.03.25 | Insured |
| Lee Young-jun | Male | CEO & President (full-time) | 3 years | Chief Executive | 2020.03.25 | 2026.03.20 | Insured | |
| Joo Woo-hyun | Male | CEO & Senior Vice President (full-time) |
3 years | Chief Executive | 2026.03.20 | 2026.03.20 | Insured | |
| Sung Nak-sun | Male | Inside Director (full-time) | 3 years | CFO | 2024.03.26 | 2026.03.20 | Insured | |
| Outside Directors | Oh Yoon | Male | Outside Director & Audit Commitee member (part-time) | 2 years | Tax | 2024.03.26 | 2026.03.20 | Insured |
| Sohn Byeong-hyeok | Male | Outside Director (part-time) | 2 years | Industry / R&D | 2024.03.26 | 2026.03.20 | Insured | |
| Cho Hye-sung | Female | Outside Director (part-time) | 2 years | Industry / R&D | 2025.03.25 | 2025.03.25 | Insured | |
| Seo Hwi-weon | Male | Outside Director & Audit Commitee member (part-time) | 2 years | Industry / R&D | 2025.03.25 | 2025.03.25 | Insured | |
| Choi Won-kyung | Female | Outside Director & Audit Commitee member (part-time) | 3 years | Accounting Audit | 2026.03.20 | 2026.03.20 | Insured |
LOTTE Chemical appoints outside directors in consideration of the complementarity of diversity and competencies, without discrimination based on gender, race, nationality, or other such factors.
The term of office for directors is three years.
However, if the term expires after the end of the last fiscal year but before the ordinary general meeting of shareholders for that fiscal year is held, the term shall be extended until the conclusion of
said general meeting.
Notwithstanding the foregoing, the term may be set to a shorter period by resolution at the time of appointment at the general meeting of shareholders.
LOTTE Chemical maintains liability insurance for directors (liability limit: KRW 50 billion) to cover potential damage claims and legal defense costs.
LOTTE Chemical introduced the Representative Outside Director system in March 2024, and the current Representative Outside Director is Director Sohn Byeong-hyeok.