Overview

Corporate Governance Structure

As of June, 2020

Halla Holdings

Mando30.25%

Korea
  • 100%Mando China
    China
    • 100%Mando Suzhou
    • 100%Mando Beijing
    • 100%Mando Tianjin
    • 65.0%Mando Ningbo
    • 100%Mando Harbin
    • 100%Mando Beijing R&D
    • 100%Mando Beijing Trad
    • 100%Mando Shenyang
    • 100%Mando Chongquing
  • 50%Mando Brose
America
  • 100%Mando America
  • 100%Mando Brazil
  • 100%Mando Mexico
India
  • 71.0%Mando India
  • 100%Mando Softtech
Europe Others
  • 100%Mando Poland
  • 100%Mando Europe
  • 50%Mayson Mando
  • 30%Autoventure Mando

Mando Hella50%

Halla Stackpole70%

Halla16.0% (35.5% w/ CPS)

ESG Evaluation Grade

Classification 2020 2019 2018 2017 2016
Total Grade
Environment A B+ B+ B+ B+
Social A+ A B+ B B
Governance A B+ B+ B B

Differences from Corporate Governance Criteria

Recommendation in the Criteria Adoption Remark
Introducing the corporate governance charter X To be introduced
Introducing the code of ethics for employees O
Introduction of the cumulative voting system X
Establishment of the board of directors O 2 internal directors, 4 external directors
Disclosure of the board's activities, attenance rate, and pros and cons of major agendas O
Establishment of external director nomication committee O 1 internal director, 2 external directors
Establishment of the audit committee O 3 external directors
Establishment of the compensation committee X Directors' pay limits shall be an agenda for the shareholders' meeting
Disclosure of the composition and role of commitees within the BOD and activities O
Introduction and disclosure of operating regulations of the board of directors and committees O
Insurance of directors' liability for damage at company expense O
Maintaining the independence of external auditors O
Disclosure on the corporate governance evaluation grade O Website
Explanation of differences from corporate governance criteria O Website
Certification of accuracy and completeness of financial reports by the CEO and financial officer O