The company set cash flow from operations before discretionary pension funding at 35%, segment operating income growth at 35% and adjusted operating margin rate at 20% as the financial metrics under the 2024 ICP goals. The weighting for non-financial metrics is 10%.

1. 01

   The company set cash flow from operations before discretionary pension funding at 35%, segment operating income growth at 35% and adjusted operating margin rate at 20% as the financial metrics under the 2024 ICP goals. The weighting for non-financial metrics is 10%.

2. 02

   The company selected four non-financial metrics for the ICP: Diversity, Inclusion and Belonging; Environmental Sustainability; Customer Quality; and Customer Satisfaction.

3. 03

   The company said it will weight the Restricted Performance Stock Rights metrics for the 2024-2026 performance period at 1 each for cumulative free cash flow, return on invested capital and relative total shareholder return. Weighted at 3 each

4. 04

   The company said it granted Restricted Stock Rights that vest on February 14, 2027 and, as in prior years, did not grant stock options. It said there are no material changes from 2023 in the terms of the 2024 RPSR and RSR awards.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.