DONGBANG Corporate Governance Report 2025: Dividend Increased to 30 Won per Share, but 6 out of 15 Core Indicators Non-Compliant, Improvement Needed

DONGBANG recorded consolidated revenue of 915.6 billion KRW, operating profit of 32.0 billion, and net income of 17.4 billion in 2025. It increased dividends per share by 50% from 20 won to 30 won, strengthening shareholder returns.
The company complied with only 9 out of 15 core corporate governance indicators (60% compliance rate), with deficiencies including failure to announce AGM 4 weeks in advance, all-male board composition, and lack of CEO succession plan.
With only one outside director and no audit committee, the company needs to advance its governance structure, including appointing an accounting/finance expert to the internal audit function.
Although a mid-to-long-term shareholder return policy has not been established, the company improved dividend predictability by setting the record date after the dividend decision announcement.
[AI Comprehensive Analysis]While DONGBANG showed commitment to shareholder returns via dividend increase, it still faces many governance improvement tasks. Enhancing board diversity and internal controls is urgent, and governance reform is needed for long-term value creation.