Organization of Board of Directors

The board of directors in H-LINE SHIPPING has the authority to control and make a decision on our major management matters pursuant to relevant laws and the Articles of Association and currently consists of 4 other non-executive directors who make a decision on management issues and supervise them. Our management reports major management issues such as management performance, target tasks, etc. to the board of directors (monthly) and if the board of directors is required to make a resolution, it frequently holds the board of directors and in 2022, the attendance was 100%.

Operate Executive Officer System

As the executive officer system refers to a system in which an organization replacing the representative director is established pursuant to the Articles of Association or the resolution of the board of directors to exercise the authority over the execution of operation and representation for the company, it is an advanced system in which the executive officers take full charge of the execution of operation and the board of directors has the monitoring and supervision authority. The executive officer system is to improve the efficiency of management by establishing preemptive governance, stregthening the supervisory function of the board of directors and securing the transparency of corporate governance.