What is the role of Tongyang's Compensation Committee?

It reviews and advises on executive compensation policies, ensuring fairness and transparency through independent external experts.

Why are external accountants and professors appointed as members?

To ensure objectivity and expertise. Professionals from accounting, HR, and law help design balanced compensation systems.

Is this change due to poor company performance?

No, this is a routine transition as the fifth-term members completed their scheduled tenure. It is unrelated to performance.

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Tongyang Announces Board Resolution to Appoint Members of the 6th Compensation Committee

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AI Summary (NQ-processed)

Tongyang Industrial Co., Ltd. announced that its board of directors has approved the appointment of new members to the 6th Compensation Committee, effective June 30, 2026, following the conclusion of the previous term.

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Frequently Asked Questions

Q: What is the role of Tongyang's Compensation Committee?: A: It reviews and advises on executive compensation policies, ensuring fairness and transparency through independent external experts.
Q: Why are external accountants and professors appointed as members?: A: To ensure objectivity and expertise. Professionals from accounting, HR, and law help design balanced compensation systems.
Q: Is this change due to poor company performance?: A: No, this is a routine transition as the fifth-term members completed their scheduled tenure. It is unrelated to performance.