as a company leading the entertainment industry to become a respected and trusted company.
Since its founding 30 years ago, JYP Entertainment has remained committed to transparent and fair business practices, guided by the principles of truth, sincerity, humility, and love. Rooted in righteous management, we strive to fulfill all our legal obligations and social responsibilities to the highest standard. As a responsible member of society, JYP Entertainment pursues shared value creation with all stakeholders—including fans, shareholders, partners, local communities, and employees—based on a strong sense of righteous management. We aim to become a respected corporate citizen, trusted by society at large. To that end, JYP Entertainment has established a comprehensive righteous management system and enacted a Code of Conduct to ensure fair and transparent business operations. This code outlines the values and behavioral standards that all members of the organization are expected to uphold. We will continue strengthening and implementing this system to meet the evolving expectations of our stakeholders and society. As a leader in the Korean entertainment industry, JYP Entertainment will remain dedicated to discovering top-tier artists and expanding the global influence of K-pop.
Jeong Wook Chief Executive Officer, JYP EntertainmentJYP Entertainment has amended its Articles of Incorporation to enhance shareholder value and strengthen corporate governance.
These changes include incorporating a preamble dedicated to sustainable management, improving dividend visibility, and reinforcing the composition of the Board of Directors and the Audit Committee.
Full Text of the Articles of Incorporation of JYP Entertainment Co., Ltd. upholding “Leader in Entertainment” as its core value, strives to lead the sustainable entertainment industry, deliver innovative content to customers, and uphold the principles of responsible management. The company endeavors to meet social expectations and create new cultural value by continuously developing and distributing superior contents, including music, performances, and live shows. To this end, JYP Entertainment fosters an organizational culture rooted in diversity and respect, supporting the growth and development of its members and enabling each individual to realize their full potential. JYP Entertainment respects its business partners and seeks to build relationships based on trust through fair and ethical transactions, thereby achieving mutual growth. The company promotes sustainable management by taking into account both the impact of its business activities on the environment and society, and the influence of environmental and social factors on the company itself. It actively engages in environmental protection efforts and in initiatives that promote co-prosperity with local communities. Recognizing that sustainable growth is essential to enhance shareholder value, the company is committed to transparent management and continuous innovation. Through its business activities, JYP Entertainment aims to grow together with its employees and all stakeholders, while creating positive social value as a leading company in the entertainment industry.
JYP Entertainment's Board of Directors consists of a total of seven directors, with three internal directors and four external directors, expanding the proportion of outside directors to 57%. This move aims to enhance independence within the board. According to the board's operating regulations, directors with expertise, diversity, and independence are appointed. Within the Board of Directors are the Audit Committee, Compensation Committee and ESG Committee to ensure sound operation of the board.
| Category | Name | Gender | Initial Appointment Date | Recent Reappointment Date | Term Expiration Date | Professional Accomplishments | Position |
|---|---|---|---|---|---|---|---|
| Inside Director | Wook Jeong | MALE | 2011.02.16 | 2026.03.26 | 2029.03.28 | - (Current) CEO, JYP Entertainment | CEO Chairman of the Board |
| Inside Director | Sangbong Byun | MALE | 2011.02.16 | 2026.03.26 | 2029.03.28 | - (Current) Vice-President, JYP Entertainment | CFO |
| Inside Director | Jiyoung Lee | FEMALE | 2021.03.29 | 2024.03.26 | 2027.03.29 | - Casting Manager, SM Entertainment - Adjunct Professor of Entertainment Management at Seoul Arts Culture - (Current) Head of New Talent Development Division / SQU4D, JYP Entertainment | |
| Outside Director | Wan Park | MALE | 2021.03.29 | 2024.03.26 | 2027.03.29 | - CPA, Hanyoung Accounting - CPA, Samjeong KPMG - Executive Director, Cell Bio Human Tech Co., Ltd. - (Current) CPA, Samhwa Accounting | Audit Committee Chairman Compensation Committee Member ESG Committee Member |
| Outside Director | Taeyong Gong | MALE | 2021.03.29 | 2026.03.26 | 2027.03.29 | - Attorney, Lee & Ko Law Office - Attorney, Shinwoo Law Office - Representative attorney, Law firm Minsan - (Current) Representative attorney, Law firm Yegeon | Compensation Committee Chairman Audit Committee Member ESG Committee Member |
| Outside Director | Hyunggeun Yoon | MALE | 2021.03.29 | 2024.03.26 | 2027.03.29 | - CPA, Daesung Accountant Firm - Director, Future Partners - CPA , Chungmu Management Accounting Office - Advisor, Tmoney - (Current) Executive director, MAYMUST | Audit Committee Member Compensation Committee Member |
| Outside Director | Jungmin Lee | FEMALE | 2025.03.25 | - | 2028.03.25 | - Samjong KPMG ESG Strategy Consultant, HR & Organizational Culture Consultant - Consultant at Kim & Chang, Management & People Center - (Current) SDG Management School Professor | ESG Committee Chairman |
| Category | Name | Skills | |||||
|---|---|---|---|---|---|---|---|
| Industry expertise | Accounting | Finance | Legal | Investment | ESG | ||
| Inside Director | Wook Jeong | ||||||
| Inside Director | Sangbong Byun | ||||||
| Inside Director | Jiyoung Lee | ||||||
| Outside Director | Wan Park | ||||||
| Outside Director | Taeyong Gong | ||||||
| Outside Director | Hyunggeun Yoon | ||||||
| Outside Director | Jungmin Lee | ||||||
The Audit Committee consists entirely of outside directors to enhance transparency. The Audit Committee operates an internal accounting management system to ensure reliable preparation and disclosure of accounting information. It also receives and reviews the operating status from the internal accounting manager.
Audit Committee Operating RegulationsThe Compensation Committee is responsible for matters related to executive compensation and operates a fair and transparent system that aligns with the company's performance and shareholders' interests. The committee continuously reviews and improves the appropriateness of executive compensation from a mid- to long-term perspective.
Compensation Committee Operating RegulationsThe ESG Committee aims to actively respond to ESG-focused environmental changes and ensure sustainable business operations. The committee plays a central role in ESG-related decision-making, such as setting directions for ESG strategies and establishing management roadmaps.
ESG Committee Operating RegulationsThe investment review committee, established in 2024, is responsible for deliberating major investment decisions of JYP entertainment. It reviews investment opportunities from multiple perspectives—including financial performance and non-financial risk analysis of target companies—and provides strategic guidance to enhance long-term corporate value.
Exercising Voting Rights and Participating in Decision-making
Board Activity Report
Exercising Voting Rights and Participating in Decision-making
Committees within the Board of Directors
Audit Committee
Compensation Committee
ESG Committee
Investment review Committee
Supervisory Director
JYP Entertainment presents and resolves important decisions regarding business operations as agendas of the Board of Directors' meetings in accordance with the regulations governing the Board of Directors. These regulations are continually reviewed and amended through regular reviews. Resolutions of the Board of Directors require the attendance of a majority of directors and the approval of a majority of attending directors. In 2025, a total of seven Board of Directors meetings were held, where important matters related to the company's operations were resolved, such as the the approval of a small-scale merger and the appointment of compliance officers.
| Date | Agenda Items | Status |
|---|---|---|
| 2025.02.21 | Partial Sale of Shares in DearU Co., Ltd. | Approved |
| 2025.02.25 | Resolution on Employee Incentives | Approved |
| 2025.03.07 | [Report] 1. Report on the FY 30th Internal Accounting Control System (IACS) Operations [Resolution] 1. Approval of the FY 30th Consolidated and Separate Financial Statements and Business Report 2. Determination of Cash Dividends 3. Partial Amendment of the Articles of Incorporation 4. Recommendation of Candidates for Outside Directors 5. Approval of the Treasury Stock Report 6. Convocation of the 30th Annual General Meeting of Shareholders | Approved |
| 2025.04.08 | 1. Approval of Comprehensive Credit Limit 2. Appointment of the Head of the ESG Committee 3. Appointment of a Compliance Officer 4. Approval of the Execution of the Small-scale Merger Agreement 5. Setting of the Record Date for the Small-scale Merger | Approved |
| 2025.05.29 | Approval of the Small-scale Merger | Approved |
| 2025.07.01 | 1. Report and Public Notice of the Completion of the Small-scale Merger 2. Appointment of a Compliance Officer | Approved |
| 2025.12.18 | Report on the Proposed Introduction of Board of Directors Evaluation | Approved |
JYP’s Audit & Assessment Office is dedicated to building a world-class internal audit framework that addresses broad business risks and meets the high expectations of stakeholders. As an independent organization reporting directly to the CEO, the Audit & Assessment Office ensures full autonomy in governance and conducts its duties with fairness, impartiality, and professional expertise. It avoids conflicts of interest and delivers objective audit results directly to the CEO and Audit Committee. The office is staffed with certified professionals holding globally recognized qualifications such as CIA, CISA, and CDPSE. By aligning with internationally standardized practices, we continuously elevate our righteous management framework to meet global standards.
To promote transparency across the organization, JYP Entertainment’s Audit & Assessment Office has established and publicly disclosed its Code of Conduct for Righteous Management. This code provides a clear standard of behavior that all employees and executives are expected to follow, guiding righteous decision-making at every level of the organization. Reflecting our commitment as a global company, the Code of Conduct outlines our responsibilities and obligations to society and expresses our determination to earn genuine respect and trust from the public. Key provisions cover employee responsibilities, stakeholder relationships, a strict ban on improper gifts or entertainment, and the protection of whistleblowers.
JYP operates a compliance management system led by the legal team under the business support division. In particular, to prevent and manage potential legal risks in business operations, JYP established the compliance team in 2025. JYP is committed to advancing and embedding ethical and compliance practices across the organization to enable stable and sustainable growth.
The Compliance system mandates the appointment of qualified legal support personnel to ensure the company's lawful management. In 2022, JYP Entertainment appointed a compliance officer who is responsible for preventing and managing legal risks, thereby facilitating efficient and lawful business operations.
To strengthen information security, JYP’s information security team develops and manages related policies and guidelines. Through regular disclosures, the company transparently shares its investments, staffing status, certifications, evaluations, and inspections related to information protection. JYP also promotes awareness through regular training and simulation exercises, while enhancing its security framework through internal and external audits and collaboration with security firms. JYP is committed to complying with applicable laws such as the Information and Communications Network Act and the Personal Information Protection Act, and will continue to enhance its security practices beyond statutory requirements by proactively strengthening its security systems and continuously improving its security capabilities.