Corporate Governance Structure

The Company aims to further strengthen its management control functions and corporate governance framework, the Company has established, in addition to the Board of Directors, the Management Policy Committee, the Risk and Compliance Committee, the Sustainability Committee, the Nomination and Remuneration Advisory Committee, and the Transaction-Reviewing Committee.

The Board of Directors is composed of an appropriate number of members to ensure agility and enable prompt decision-making. Important matters related to the management of the Company and the AFS and AFS Group are decided by the Board of Directors after deliberation by the Management Policy Committee and the Risk and Compliance Committee, from the perspective of business effectiveness and efficiency.

The Management Policy Committee serves as a decision-making committee for the business execution of the Company and the AFS and AFS Group, discusses and decides on matters related to the development of internal control systems in a comprehensive and professional way, and reports and makes recommendations to the Board of Directors. The Risk and Compliance Committee comprehensively and expertly reviews and discusses all matters related to risk management and compliance (including information management) for our company and group. Within the scope of the Board of Directors' commission, it makes necessary decisions and provides required reports and recommendations to the Board.

The Sustainability Committee comprehensively and professionally discusses and reviews matters related to sustainability within the Company and the AFS and AFS Group, provides necessary guidance and advice to relevant parties, makes decisions, and reports and makes recommendations to the Board of Directors.

The Nomination and Remuneration Advisory Committee as an advisory body to the Board of Directors, discusses matters related to the selection, dismissal, and development of directors, auditors, or executive officers, as well as other personnel matters and compensation.

The Transaction-Reviewing Committee as an advisory body to the Board of Directors, reviews important transactions or actions where the interests of our controlling shareholders and minority shareholders may conflict, to make sure these transactions or actions are fair from the perspective of protecting minority shareholders.

In addition, The Company has a board of auditors, and as of the date of submitting the securities report (May 19, 2026), the board of auditors is made up of three outside auditors (including two independent directors) and one auditor.

Corporate Governance Structure

"Last updated: May 19, 2026"