as a company leading the entertainment industry to become a respected and trusted company.
Since its founding 25 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 amended its articles of incorporation in March 2025 to explicitly express its commitment to sustainable management in the preamble in order to enhance shareholder value by improving dividend visibility and strengthening the composition of the board of directors and audit committee. Enacted on April 25, 1996 | most recently amended on March 25, 2025
Established April 25, 1996 | Latest Amendment March 25, 2025Full Text of the Articles of Incorporation of JYP Entertainment 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 eight directors, with four internal directors and four external directors, expanding the proportion of outside directors to 50%. 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 | 2023.03.28 | 2026.03.27 | - (Current) CEO, JYP Entertainment | CEO Chairman of the Board |
| Inside Director | Sangbong Byun | MALE | 2011.02.16 | 2023.03.28 | 2026.03.27 | - (Current) Vice-President, JYP Entertainment | CFO |
| Inside Director | Jinyoung Park | MALE | 2011.02.16 | 2023.03.28 | 2026.03.27 | - Establishment of JYP Entertainment 2006 Prime Minister's Commendation (Contributor to Cultural Content Export) | CCO |
| Inside Director | Jiyoung Lee | FEMALE | 2021.03.29 | 2024.03.26 | 2027.03.25 | - Casting Manager, SM Entertainment - Adjunct Professor of Entertainment Management at Seoul Arts Culture - (Current) Head of New Talent Development Division/Artist 4 Division, JYP Entertainment | |
| Outside Director | Wan Park | MALE | 2021.03.29 | 2024.03.26 | 2027.03.25 | - CPA, Hanyoung Accounting - CPA, Samjeong KPMG - Executive Director, Cell Bio Human Tech Co., Ltd. - (Current) CPA, Samhwa Accounting | Audit Committee Chairman |
| Outside Director | Taeyong Gong | MALE | 2021.03.29 | 2024.03.26 | 2027.03.25 | - 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 | 2027.03.25 | - 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 | - | 2028.03.24 | - Former: Samjong KPMG ESG Strategy Consultant, HR & Organizational Culture Consultant - (Current) Consultant at Kim & Chang, Management & People Center | ESG Committee Chairman |
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 2022, a total of eight Board of Directors meetings were held, where important matters related to the company's operations were resolved, such as the establishment of internal committees and the appointment of compliance officers.
| Meeting Date | Agenda | Approval Status |
|---|---|---|
| 2024.01.16 | Acquisition of real estate | Approved |
| 2024.01.23 | Acquisition of shares in another corporation | Approved |
| 2024.02.20 |
| Approved |
| 2024.03.07 | Resoultion on cash dividend (KRW 574 per share) | Approved |
| 2024.03.07 | Resolution to convene the 29th annual general meeting of shareholders (fiscal year 2023) | Approved |
| 2024.03.07 | Status Report on the Internal Accounting Management System Operation and Resolution on Internal Financial Closing for 2023 | Approved |
| 2024.03.26 | Three resolutions including acquisition of shares in another corporation | Approved |
| 2024.05.07 | Appointment of members of committee under the board of directors | Approved |
| 2024.05.07 | Two resolutions including acquisition of shares in another corporation | Approved |
| 2024.06.04 | Establishment of Innit Entertainment Co., Ltd | Approved |
| 2024.07.18 | Execution of exclusive artist contract | Approved |
| 2024.08.06 | Approval of overseas check purchase | Approved |
| 2024.10.22 | Four resolutions including the establishment of the investment review committee | 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.