HANWHA Discloses Corporate Governance Report, Confirms 5.9% Treasury Share Cancellation and Minimum DPS of 1,000 Won
HANWHA reaffirmed its Value-Up Plan key measures in its 2025 Corporate Governance Report: completed cancellation of approximately 4.45 million common shares (5.9%) on April 9, 2026, set a minimum DPS of 1,000 won for common shares, and targets ROE of 12% by 2030
The board consists of 3 inside directors and 4 outside directors (57.1% independence), and all five committees (Audit, Internal Transaction, Compensation, etc.) are composed entirely of outside directors, enhancing oversight
As part of shareholder return, the company paid a cash dividend of 1,100 won per common share for FY2025, up 300 won from the previous year (800→1,100), and paid 1,150 won per 3rd preferred share (1st preferred was delisted)
Some governance metrics remain non-compliant, including convocation notice less than 4 weeks before AGM, cumulative voting adoption (to be effective from September 2026), and board chair being an inside director; the company commits to continuous improvement
[AI Summary]HANWHA's corporate governance report formalizes strong shareholder return policies including a 5.9% share cancellation, minimum dividend, and ROE target, positively impacting shareholder value, while its independent board and all-independent committees ensure transparent governance, boosting long-term credibility.