SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2022
Commission File Number 1-14926
KT Corporation
(Translation of registrant’s name into English)
90, Buljeong-ro,
Bundang-gu, Seongnam-si,
Gyeonggi-do,
Korea
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: February 21, 2022 | ||
KT Corporation | ||
By: | /s/ Seunghoon Chi | |
Name: Seunghoon Chi | ||
Title: Vice President | ||
By: | /s/ Sanghyun Cho | |
Name: Sanghyun Cho | ||
Title: Director |
Resolutions for Convocation of General Meeting of Shareholders
1. Category | General Meeting of Shareholders | |||||
2. Date and Time | 2022-03-31 | 9:00 | ||||
3. Venue | KT R&D Center(Lecture Hall, 2F) 151 Taebong-ro, Seocho-gu, Seoul, Korea | |||||
4. Agenda and Key Issues | Agenda Item No. 1 : Approval of Financial Statements for the 40th Fiscal Year | |||||
Agenda Item No 2 : Amendment of Articles of Incorporation | ||||||
2-1) Amendment to add items in Business Purposes | ||||||
2-2) Change in notification method | ||||||
2-3) Diversification of shareholders return method | ||||||
2-4) Clarification of Regulations | ||||||
Agenda Item No. 3 : Election of Directors | ||||||
(Total 5 Elections : 2 Inside Directors , 3 Outside Directors) | ||||||
3-1) Inside Director Candidate - Mr. Jong-Ook Park | ||||||
3-2) Inside Director Candidate - Mr. Kyoung-Lim Yun | ||||||
3-3) Outside Director Candidate - Mr. Hee-Yol Yu | ||||||
3-4) Outside Director Candidate - Mr. Yong-Hun Kim | ||||||
3-5) Outside Director Candidate - Mr. Benjamin Hong | ||||||
Agenda Item No. 4 : Election of Member of the Audit Committee | ||||||
Member of Audit Committee Candidate : Mr. Yong-Hun Kim | ||||||
Agenda Item No. 5 : Approval of Ceiling Amount on Remuneration of Directors | ||||||
Agenda Item No. 6 : Amendment to Severance Pay Regulations for Executives | ||||||
5. Date of board resolution (decision date) | 2022-02-21 | |||||
- Attendance of outside directors | Present (No.) | 7 | ||||
Absent (No.) | 1 | |||||
- Attendance of auditors (members of Audit Committee who are not outside auditors) | - | |||||
6. Additional Details Relevant to Investment Consideration | ||||||
- The audit committee is all composed of outside directors. |
Details of appointment of inside directors
Name | Date of Birth (Year and month) | Service Term | Newly appointed or Reappointed | Professional Background (including current | ||||
Jong-Ook Park | Jan-1962 | 1 | Reappointed | - 2022~ Chief Safety and Health Officer/ Head of Corporate Planning Group, KT Corp.
- 2020~2021 Head of Corporate Planning Group, KT Corp.
- 2015~2019 Head of Strategy Planning Office, KT Corp.
- 2014 Head of IT Strategy Unit, KT Corp. | ||||
Kyoung-Lim Yun | Jun-1963 | 1 | Newly appointed | - SEP 2021~ Head of Group Transformation Group, KT Corp
- 2019~2021 Head of TaaS Strategy Division / Head of Open Innovation Strategy Division, Hyundai Motor Group
- 2014~2019 Head of Global Business office / Head of Future Convergence Business Group, KT Corp.
- 2013~2014 Head of Management Support Office, CJ Hello Vision |
Details of appointment of outside director
Name | Date of Birth (Year and month) | Service Term | Newly | Professional Background | Name of other | |||||
Hee-Yol Yu | Jan-1947 | 3 | Reappointed | - 2020~ Non-executive director, Korea Trade Insurance Corporation
- 2019~ Outside director, KT Corp.
- 2012~ Board Chairperson, Korea Carbon Capture & Sequestration R&D Center
| (Present) Non-executive director, Korea Trade Insurance Corporation | |||||
- 2012~2017 Chairman, Korea Edge Technology & Management Development Center
- 2005~2006 Committee Member, Technology Transfer and Business Policy Council in the Ministry of Commerce, Industry and Energy
- 2004~2006 President, Korea Institute of S & T Evaluation and Planning
| ||||||||||
- 2001~2002 Vice Minister of the Ministry of Science & Technology |
- 2020~ Outside director and Audit committee member, Hanjin Heavy Industry | ||||||||||
Mr. Yong-Hun Kim | Mar-1955 | 3 | Newly appointed |
- 2019~ Chair professor of Law at Sejong university
- 2018~ Lawyer of DR & AJU Law Group
- 2013~2017 Secretary General, Constitutional Court of Korea | (Present) Outside director and Audit committee member, Hanjin Heavy Industry | |||||
Hong Benjamin | Feb-1958 | 3 | Newly appointed | - 2021~ Board Chairperson, LINA Life insurance of Korea
- 2010~2020 Representative Director, LINA Life insurance of Korea
- 2008~2010 Representative Director, Korea office of Sun Life Financial
- 2003~2008 Vice president of MetLife insurance | (Present) Board Chairperson and Inside Director, LINA Life insurance of Korea |
Details of appointment of audit committee member
Name | Date of Birth (Year and month) | Service Term | Newly appointed or | Outside director or not | Professional | |||||
Mr. Yong-Hun Kim | Mar-1955 | 3 | Newly appointed | Outside Director and Audit Committee Member | - 2020~ Outside director and Audit committee member, Hanjin Heavy Industry
- 2019~ Chair professor of Law at Sejong university
- 2018~ Lawyer of DR&AJU Law Group
- 2013~2017 Secretary General, Constitutional Court of Korea |
Details of business purpose change
Category | Contents | Purpose | ||||
1. Business Purpose Added | 34. Personal information management business and ancillary work | Added business purposes to expand business field into “Mydata” business | ||||
2. Business Purpose Deleted | - | - | ||||
3. Business Purpose Changed | Before Amendment | After Amendment | ||||
9-1. Business facilities management and Business support services
26. Business related to Information Security & Certification Service
27. Activities of management consultancy
28. Warehousing and storage
29. General construction business
30. Specialized design business
31. Freight Transportation Business, Cargo Transportation Intermediation Business
32. Manufacturing and sales of medical device
33. Any and all other activities or businesses incidental to or necessary for attainment of the foregoing. | 26. Business facilities management and Business support services
27. Business related to Information Security & Certification Service
28. Activities of management consultancy
29. Warehousing and storage
30. General construction business
31. Specialized design business
32. Freight Transportation Business, Cargo Transportation Intermediation Business
33. Manufacturing and sales of medical device
35. Any and all other activities or businesses incidental to or necessary for attainment of the foregoing. | Change of business purpose order (each item) |