Corporate Governance

Board of Directors

The board has a supervisory role and a responsibility for maintaining good corporate governance.The Winmate board of directors consists of seven directors and three supervisors who all have professional background knowledge and extensive experience in industry. The board of directors election process follows the standard candidate nomination system. The term of the board is three years after which they will be eligible for re-election.

Board Member List, Major Experience and Educational Background

Major Board Meeting Resolutions for 2019

Committees

Board of Directors has established the Remuneration Committee in 2011. The functions of the Committee are to professionally and objectively evaluate the policies and systems for compensation of Winmate’s directors, supervisors, and managerial officers, and submit recommendations to the board of directors for its reference in decision making.

The Directors' and Supervisors’ remuneration ratio is recommended by the Remuneration Committee based on results of the annual Board performance evaluation and overall business performance. The remuneration is issued after the approval of the Board of Directors and it is reported to the general shareholders' meeting.

Remuneration Committee Members

Special Committee on Mergers and Acquisitions of the Company

The Committee shall examine the fairness and reasonableness of merger and acquisition plans and transactions. The Company shall further report the results of such examination to the board of directors and shareholders' meeting.

Special Committee on Mergers and Acquisitions of the Company Members

Information Security