NHN demonstrates strong governance and systematic shareholder return policy, focusing on enhancing shareholder value
Strengthened board independence: Maintained 50% outside director ratio (3 out of 6), all board committees (audit, compensation, ESG) composed entirely of outside directors, enhancing management oversight
Implementation of mid- to long-term shareholder return policy: Utilizes minimum 15% of consolidated EBITDA as source for dividends and share buybacks/cancellations from 2026-2028; 2026 plan of 32.1B KRW includes 500 won per share dividend and acquisition of 431,525 treasury shares for full cancellation
Full compliance with all 15 core governance indicators: Achieved high compliance including 4-week advance notice of AGM, electronic voting, avoidance of concentrated meeting dates, dividend predictability
Board operational efficiency: Held 18 meetings (6 regular, 12 extraordinary) during the disclosure period with high average attendance of 98-99%
Robust internal control and audit system: Established policies for risk management, compliance, internal accounting, and disclosure management; audit committee composed entirely of outside directors (including accounting/finance experts) ensuring independence
[AI Summary]NHN's corporate governance report demonstrates overall governance excellence and faithful implementation of shareholder return policies, which strengthens management transparency and shareholder trust, serving as a positive factor for long-term corporate value enhancement.