Corporate Governance Report: High Compliance with Core Indicators and Sustained High Dividend Policy... Positive for Shareholder Value
Disclosure of Corporate Governance Report: HD Hyundai Marine Solution filed its corporate governance report as of May 28, 2026.
Compliance rate of 93.3% (14 out of 15 core governance indicators), with non-compliance on cumulative voting system.
Shareholder return policy: 50-70% of net income allocated to cash dividends, minimum DPS of KRW 3,600, 2025 DPS of KRW 3,950 (total dividend KRW 177.08 billion, dividend yield 2.2%).
Board composed of 2 inside directors and 4 outside directors (majority, including 1 female), audit committee entirely composed of outside directors to ensure independence.
Five board committees including internal transaction committee and ESG committee, with CEO succession policy and internal control policies in place.
Value-up plan disclosed in December 2024 and March 2026, reported to the board.
No designation as unfaithful disclosure entity during the period, no convertible bonds or other equity-linked instruments issued, no conflicts of interest among shareholders regarding capital raising.
[AI Comprehensive Analysis]This disclosure reaffirms the company's transparent governance and active shareholder return policy, with no new negative or positive events. However, the high dividend policy and strong governance are expected to positively impact long-term shareholder value.