Distribution of Shares
Hankook Tire has established strong financial soundness and has achieved stable growth through a well-balanced share and distribution structure.

Shareholder Data

Classification | No.of Shareholders | Proportion | No.of Shares | Proportion |
---|---|---|---|---|
Institutional Shareholders | 1,706 | 8.54% | 64,918,052 | 52.41% |
Individual Shareholders | 18,239 | 91.35% | 3,506,248 | 2.83% |
Major Shareholders | 19 | 0.10% | 53,564,453 | 43.24% |
Treasury Stock | 1 | 0.01% | 1,886,316 | 1.52% |
Total | 19,965 | 100.00% | 123,875,069 | 100.00% |
Treasury Stock has no voting rights and Hankook Tire & Technology follows the one share one vote rule.
Institutional Shareholders - The Ownership of the National Pension Service amounts to 8.66%.

Classification | No. of Shares | Proportion |
---|---|---|
Local Shareholders | 72,663,587 | 58.66% |
Foreign Shareholders | 51,211,482 | 41.34% |
Total | 123,875,069 | 100.00% |
Founder & Founding Family Ownership
Name | No. of Shares | Ownership |
---|---|---|
Hankook & Company Co., Ltd. | 37,995,959 | 30.67% |
Yang Rai Cho | 7,019,903 | 5.67% |
Hyun Shick Cho | 799,241 | 0.65% |
Hyun Bum Cho | 2,561,241 | 2.07% |
SHINYANG CO.,LTD. | 793,522 | 0.64% |
※ Hankook & Company Co., Ltd. is a holding company of Hankook Tire & Technology Co.,Ltd.
※ The remaining founder & founding family ownership amounts to 3.54%.
Management Ownership
Category | Name | No. of Shares | |
---|---|---|---|
Registered executives | CEO | Soo Il Lee | 5,213 |
President | Hyun Bum Cho | 2,561,241 | |
Independent director | Choong Hwan Cho | 6,910 | |
Non-registered executives | Chairman | Yang Rai Cho | 7,019,903 |
Other non-registered executives | 7,810 |
Status of Voting Rights Exercised
The number of shares attended at the 9th regular shareholders' meeting held on March 30, 2021 is a total of 99,941,461 shares, including personal attendance, voting rights exercised in writing, electronic voting, proxy attendance by power of attorney, etc., which is 81.93% of the number of shares with voting rights issued by the company (121,988,753 shares).
The number of attendant shares excluding the largest shareholders and related parties is 48,940,692 shares, which is 40.12% of the number of voting shares issued by the company (121,988,753 shares).
The number of attendant shares subject to the voting rights restriction in Article 542-12(4) of the Commercial Act is 55,182,527 shares, which is 71.45% of the number of shares with voting rights issued by the Company (77,229,819 shares).
The agenda of the 9th regular general shareholders’ meeting were approved as the original proposal meeting the resolution requirement except for No. 6-2 agenda of the shareholders' proposal.
The detailed decisions of each matter are as follows:
Matters | Resolution Type | Meeting Purpose | Vote Result | Voting rights Total number of Outstanding Shares | Number of Shares Exercising Voting Rights | Number of Shares in Favor (Ratio %) |
||
---|---|---|---|---|---|---|---|---|
Disagreed· Number of shares abstained (%) |
||||||||
Item for No. 1 | Common Resolution | Approval of the 9th financial statements (including the statement of appropriation of retained earnings) and consolidated financial statements | Passed | 121,988,753 | 99,941,461 | 91,705,444 91.76% |
||
8,236,017 8.24% |
||||||||
Item for No. 2 | Special Resolution | Partial amendment to the Articles of Incorporation | Passed | 121,988,753 | 99,941,461 | 99,873,090 99.93% |
||
68,371 0.07% |
||||||||
Item for No. 3 | Common Resolution | Appointment of director | No. 3-1. Appointment of inside directors | No. 3-1-1. Appointment of Soo-Il Lee | Passed | 121,988,753 | 99,941,461 | 72,185,359 72.23% |
27,756,102 27.77% |
||||||||
No. 3-1-2. Appointment of Hyun-beom Cho | Passed | 121,988,753 | 99,941,461 | 70,610,671 70.65% |
||||
29,330,790 29.35% |
||||||||
No. 3-1-3. Appointment of Jong-ho Park | Passed | 121,988,753 | 99,941,461 | 94,969,617 95.03% |
||||
4,971,844 4.97% |
||||||||
No. 3-2. Appointment of outside directors (Hyun-myong Pyo, Young-jae Kang, Jong-gap Kim) | Passed | 121,988,753 | 99,941,461 | 94,424,701 94.48% |
||||
5,516,760 5.52% |
||||||||
Item for No. 4 | Common Resolution | Appointment of Audit Committee members (Hyun-myong Pyo, Young-jae Kang, Jong-gap Kim) | Passed | 77,229,819 | 55,182,527 | 50,689,412 91.86% |
||
4,493,115 8.14% |
||||||||
Item for No. 5 | Common Resolution | Determination of the separate election voting method of outside directors (Outside director to become a member of the audit committee) (Appointment of multiple voters by collective ballot) | Passed | 121,988,753 | 99,941,461 | 99,833,558 99.89% |
||
107,903 0.11% |
||||||||
Item for No. 6 | Common Resolution | Appointment of an outside director to become a member of the Audit Committee (1 person) | No. 6-1. Appointment of outside director Mi-ra Lee to become a member of the Audit Committee | Passed | 77,229,819 | 55,182,527 | 46,456,887 84.19% |
|
8,725,640 15.81% |
||||||||
No. 6-2. Appointment of outside director Hye-woong Lee to become a member of the Audit Committee (Shareholders' proposal) | Rejected | 77,229,819 | 55,182,527 | 8,869,954 16.07% |
||||
46,312,573 83.93% |
||||||||
Item for No. 7 | Common Resolution | Approval of outside director's executive payroll limit (1 person) | Passed | 121,988,753 | 99,941,461 | 85,596,795 85.65% |
||
14,344,666 14.35% |
The number of attendant shares at the 8th regular general shareholders' meeting held on March 27, 2020 is 100,298,892 shares in total, including written voting right, electronic voting, and delegate attendance by a power of attorney, whose number is 80.98% (123,852,681 shares) of the number of shares with voting rights issued by the company.
The number of attendant shares excluding the largest shareholders and related parties is 46,745,713 shares, which is 37.74% of the number of voting shares issued by the company (123,852,681 shares).
The agenda of the 8th regular general shareholders’ meeting were approved as the original proposal meeting the resolution requirement. The detailed decisions of each proposal are as follows:
Proposals | Resolution Type |
Meeting Purpose | Pass Result |
Total number of shares issued with voting rights |
Voting rights exercised Shares |
Shares Agreed (Ratio %) |
|
---|---|---|---|---|---|---|---|
Shares disagreed & abandoned (Ratio %) |
|||||||
Proposal No. 1 |
Normal Resolution |
Approval of financial statements (including surplus disposal statement (draft)) | Pass | 123,852,681 | 100,298,892 | 89,550,063 89.30% |
|
10,748,829 10.70% |
|||||||
Proposal No. 2 |
Special Resolution |
Partial amendment to the Articles of Incorporation | No. 2-1. Add purpose of business | Pass | 123,852,681 | 100,298,892 | 99,887,276 99.60% |
411,616 0.40% |
|||||||
No. 2-2. Change location of head office | Pass | 123,852,681 | 100,298,892 | 99,887,206 99.60% |
|||
411,686 0.40% |
|||||||
Proposal No. 3 |
Normal Resolution |
Approval of the directors' compensation limit | Pass | 123,852,681 | 100,298,892 | 89,775,505 89.50% |
|
10,523,387 10.50% |