Governance Structure
Board of Directors
The Board of Directors was formed to deliberate on and provide guidance on important company agendas, matters regulated by law or in the Articles of Incorporation, details entrusted by regular board meetings, and the basic policies of business operations on essential practices related to business management. The board also complies with the Korean Commercial Act by organizing the number of non-executive directors who supervise the performance of directors' duties to be at least one-third of the total number of directors.
The Board of Directors consists of 3 executive directors, 2 non-executive directors, and 1 auditor, and the chairman of the board is appointed by resolution of the board. The Board of Directors is the company's highest decision-making body and determines key matters of the company.
The directors who make up Medytox's board are appointed at the general shareholders' meeting. A candidate for director shall not be discriminated against by gender, race, or origin, and we are trying to select candidates to satisfy criteria for expertise and diversity. Candidates for directors to be appointed at the general shareholders' meeting are selected by the board and finalized as bills to be submitted. If there is a shareholder proposal in accordance with relevant laws and regulations regarding the appointment of a director, the Board of Directors may submit it as a bill to the general shareholders' meeting within a lawful scope.
Members of the Board of Directors
(2026.07.23)
| Executive Directors | ||||||
| Chairman | CEO | JUNG HYUN HO | Male | CEO of Medy-tox | 2026.03.30 reappointed | 2029.03.30 terminate term |
| - | Executive Director | SHIN HYO JIN | Male | CEO of Medytox Venture | 2025.03.31 reappointed | 2028.03.31 terminate term |
| - | Executive Director | KIM HACK WOO | Male | Head of Medytox Osong Plant 3 | 2025.03.28 appointed | 2028.03.28 terminate term |
| Non-Executive Directors | ||||||
| - | Non-Executive Directors | LEE JUN HO | Male | Professor, Department of Life Sciences, Seoul National University | 2026.03.29 appointed | 2029.03.29 terminate term |
| - | Non-Executive Directors | CHUN YOUNG IK | Male | Representative Tax Accountant, Yale Tax Corporation | 2026.03.29 appointed | 2029.03.29 terminate term |
| Auditor | ||||||
| - | Auditor | SEO NAM CHEOL | Male | Managing Partner at Jungburo Law Firm | 2025.03.28 appointed | 2028.03.28 terminate term |
Activities of the Board of Directors
‣ Board Activities (2026)
2026.03.31
| Meeting date | Resolution | Agenda | Executive Directors | Non-Executive Directors | |||
|---|---|---|---|---|---|---|---|
| Jung Hyun Ho | Shin Hyo Jin | Kim Hack Woo | Chung Do Hyun | Oh Jung Mi | |||
| 2026.01.23 | Approved | Decision to redeem redeemable convertible preferred shares | For | For | For | Absent | For |
| 2026.01.26 | Approved | Borrowing of working capital | For | For | For | For | For |
| Approved | Report and approval of safety and health plan | For | For | For | For | For | |
| Approved | Report on environmental management | For | For | For | For | For | |
| Approved | Management review report on compliance and anti-corruption system | For | For | For | For | For | |
| 2026.01.28 | Approved | Decision to acquire treasury shares | For | For | For | For | For |
| 2026.03.05 | Approved | Report on operation of internal accounting control system | For | For | For | For | For |
| Approved | Report on evaluation of internal accounting control system operation | For | For | For | For | For | |
| 2026.03.12 | Approved | Approval of the 26th fiscal year financial statements | For | For | For | For | For |
| Approved | Resolution to convene the Annual General Meeting | For | For | For | For | For | |
| Approved | Implementation of e-voting system for the 26th Annual General Meeting | For | For | For | For | For | |
| Approved | Approval of treasury share report | For | For | For | For | For | |
| Meeting date | Resolution | Agenda | Executive Directors | Non-Executive Directors | |||
|---|---|---|---|---|---|---|---|
| Jung Hyun Ho | Shin Hyo Jin | Kim Hack Woo | Lee Jun Ho | Chun Young Ik | |||
| 2026.03.30 | Approved | Appointment of CEO | For | For | For | For | For |
| 2026.04.10 | Approved | Cancellation of stock option grants | For | For | For | For | For |
‣ Board Activities (2025)
| Meeting date | Resolution | Agenda | Executive Directors | Non-Executive Directors | |||
|---|---|---|---|---|---|---|---|
| Jung Hyun Ho | Ju Hee Seok | Shin Hyo Jin | Chung Do Hyun | Oh Jung Mi | |||
| 2025.01.10 | Approved | Decision to acquire treasury shares | For | For | For | For | For |
| 2025.01.24 | Approved | Establishment of compliance and anti-corruption system | For | For | For | For | For |
| Approved | Report and approval of safety and health plan | For | For | For | For | For | |
| Approved | Cancellation of stock option grants | For | For | For | For | For | |
| 2025.02.27 | Approved | Report on operation of internal accounting control system | For | For | For | For | For |
| Approved | Report on evaluation of internal accounting control system operation | For | For | For | For | For | |
| Approved | Report on amendment of internal accounting control regulations | For | For | For | For | For | |
| Approved | Report on introduction of Information Security Management System (ISO 27001) | For | For | For | For | For | |
| 2025.03.07 | Approved | Decision to acquire treasury shares | For | For | For | For | For |
| Approved | Resolution to convene the 25th Annual General Meeting | For | For | For | For | For | |
| Approved | Implementation of e-voting system for the 25th Annual General Meeting | For | For | For | For | For | |
| 2025.03.13 | Approved | Approval of treasury share report | For | For | For | For | For |
| Approved | Approval of the 25th fiscal year financial statements | For | For | For | For | For | |
| 2025.03.20 | Approved | Establishment of a branch | For | For | For | For | For |
| Meeting date | Resolution | Agenda | Executive Directors | Non-Executive Directors | |||
|---|---|---|---|---|---|---|---|
| Jung Hyun Ho | Shin Hyo Jin | Kim Hack Woo | Chung Do Hyun | Oh Jung Mi | |||
| 2025.07.09 | Approved | Refinancing of working capital | For | For | For | For | For |
| 2025.07.16 | Approved | Delivery of treasury shares upon exercise of stock options | For | For | For | For | For |
| Approved | Decision to acquire treasury shares | For | For | For | For | For | |
| 2025.09.10 | Approved | Setting record date for quarterly dividend | For | For | For | For | For |
| 2025.10.15 | Approved | Quarterly cash dividend | For | For | For | For | For |
| 2025.11.26 | Approved | Decision to acquire treasury shares | For | For | For | For | For |
‣ Board Activities (2024)
| Meeting date | Resolution | Agenda | Executive Directors | Non-Executive Directors | |||
|---|---|---|---|---|---|---|---|
| Jung Hyun Ho | Ju Hee Seok | Shin Hyo Jin | Chung Do Hyun | Oh Jung Mi | |||
| 2024.01.17 | Approved | Cancellation of stock option grants | For | For | For | For | For |
| Approved | Delivery of treasury shares upon exercise of stock options | For | For | For | For | For | |
| 2024.01.19 | Approved | Investment in another corporation | For | For | For | For | For |
| 2024.01.29 | Approved | Establishment of compliance and anti-corruption system | For | For | For | For | For |
| Approved | Report and approval of safety and health plan | For | For | For | For | For | |
| Approved | Amendment of Board regulations | For | For | For | For | For | |
| 2024.02.29 | Approved | Amendment of internal accounting control regulations | For | For | For | For | For |
| Approved | Report on operation of internal accounting control system | For | For | For | For | For | |
| Approved | Report on evaluation of internal accounting control system operation | For | For | For | For | For | |
| 2024.03.07 | Approved | Approval of the 24th fiscal year financial statements | For | For | For | For | For |
| Approved | Resolution of the 24th Annual General Meeting | For | For | For | For | For | |
| Approved | Implementation of e-voting system for the 24th Annual General Meeting | For | For | For | For | For | |
| 2024.04.11 | Approved | Cancellation of stock option grants | For | For | For | For | For |
| Approved | Conversion of treasury convertible preferred shares into common shares | For | For | For | For | For | |
| 2024.09.13 | Approved | Setting record date for quarterly dividend | For | For | For | For | For |
| 2024.09.27 | Approved | Disposal of investment shares | For | For | For | For | For |
| 2024.09.30 | Approved | Decision to acquire treasury shares | For | For | For | For | For |
| 2024.10.07 | Approved | Quarterly cash dividend | For | For | For | For | For |
| 2024.10.10 | Approved | Refinancing of facility funds loan | For | For | For | For | For |
| 2024.10.16 | Approved | Cancellation of stock option grants | For | For | For | For | For |
| Approved | Delivery of treasury shares upon exercise of stock options | For | For | For | For | For | |
| 2024.11.15 | Approved | Decision to acquire treasury shares | For | For | For | For | For |
| 2024.12.09 | Approved | Decision to acquire treasury shares | For | For | For | For | For |