SK ecoengineering

BOD-Centered Management

As the highest decision-making body of SK ecoengineering, the Board of Directors (BOD) carries out ‘responsible management centered on the Board of Directors’. The composition of the BOD is designed to ensure the independence of the BOD and transparency of the management and to strengthen the BOD’s actual authority to supervise the activities of the CEO and management. In addition, we build a balanced board of directors taking into account diversity to respond to the rapidly changing business landscape as well as expertise to deliver tangible results. Going forward, we will continue to strive to earn the trust of our stakeholders and enhance our corporate value by strengthening transparent governance.

Composition of Board of Directors

SK ecoengineering's BOD is composed of one executive director and four non-executive directors as of January 2024, ensuring the independence and effectiveness of the BOD.

Table of Composition of Board of Directors(This table consists of Director name, Position, Term)

Director name	Position	Term
OH DONG HO	Executive Director(current CEO of SK ecoengineering) / Chairman of the Board	Dec. 15, 2022 - Mar. 31, 2025
SEO DONG BUM	Non-Executive Director	Mar. 29, 2024 ~ Mar. 31, 2027
WOO YOUNG KI	Non-Executive Director	Mar. 29, 2024 ~ Mar. 31, 2027
KIM JUNG HUN	Non-Executive Director	Mar. 29, 2024 ~ Mar. 31, 2027
CHAI JOON SIK	Non-Executive Director	Mar. 29, 2024 ~ Mar. 31, 2027

BOD Operation Policy

As a privately held company, SK ecoengineering aims to engage in various businesses such as architecture and civil engineering, electrical engineering, industrial and environmental facility services, and overseas construction, and therefore appoints a board of directors consisting of five directors and one auditor to ensure independent decision-making for setting and implementing management goals. Given that the BOD is the final decision-making body for corporate management, we pursue diversity in its composition and operation to ensure independence, transparency, and diversity in line with SK's corporate philosophy and ESG management philosophy. We also make continuous efforts to empower directors to share their opinions and faithfully exercise their voting rights by encouraging them to attend BOD meetings through video conferencing.

Goals of BOD Activities

We are striving to enhance the independence, balance, and autonomy of the BOD through continuous improvement in order to accomplish the ultimate goal of SK's business activities, which is to create greater happiness for its stakeholders including employees. In 2023, we will mark the first anniversary of our establishment as a newly incorporated company, and we plan to consolidate an enhanced board-centered governance system based on reflection and evaluation of our activities in 2022. Moving forward, we will grow our corporate value through various activities to innovate governance, such as frequently publishing the BOD's activities and disclosing important management information on our website. For investment matters that will underpin our future growth, in particular, we seek to provide sufficient information in advance to allow for substantive review by the BOD to ensure that decisions are made in an appropriate manner.

BOD Performance

At SK ecoengineering, the BOD regularly convenes to conduct an informed and practical review of important business matters and receives reports on business status and performance on a regular basis, allowing for transparent information sharing and balanced decision-making. Notably, we are moving toward strengthening the expertise of the BOD by continuously providing information in advance on various management issues related to the growing overseas orders for hydrogen/eco-friendly projects, a new challenge we take on to seek sustainable development as an EPC company. At the same time, we are committed to ensuring the timely and faithful fulfillment of our board approvals and various disclosure responsibilities in compliance with the Monopoly Regulation And Fair Trade Act.

Table of BOD Performance(This table consist of Date, Agenda, Approval status)

Date	Agenda	Approval status
2024-03-14	M Phase II Project Subcontracting Agreement	Approved
	Evaluation Report on the Operation of Internal Accounting Management System	-
2024-02-14	Appointment of Chairman of the Board of Directors	Approved
	Audit Agreement with the Parent Company	Approved
	Subscription to Directors' and Officers' Liability Insurance	Approved
	Approval of Financial Statement and Business Report	Approved
	Convocation of the 3rd Annual General Meeting of Shareholders and Adoption of Agendas	Approved
	Shell F/S Project Subcontracting Agreement	Approved
	Report on Internal Accounting Management System	-
	Report on 2024 Business Plan	-