Samsung Heavy Industries announced in March 2024 that through a resolution of the board of directors, all members of all committees excluding the management committee were composed of independent directors, and each chairman was appointed as an independent director. In 2023, only the Audit Committee and the Internal Transaction Committee consisted of all independent directors, but this year, except for the Management Committee, which decides important management matters of the company, all members are composed of independent directors.

Samsung Heavy Industries operates a total of six subcommittees under the Board of Directors, including the Management Committee, Internal Transactions Committee, Compensation Committee, Outside Director Candidate Recommendation Committee, Audit Committee, and ESG Committee, and delegates the authority of the Board of Directors to each committee to ensure professional and efficient decision-making.

Prior to this change, Samsung Heavy Industries introduced a senior outside director system in October 23 and continues to enhance the independence and transparency of its governance structure.