Korean Teachers’ Credit Union

Character

Organization making decisions about tactical asset allocation and funds supply and demand management

Matters for Deliberation and Resolution

• Matters regarding tactical asset allocation
• Matters regarding funds supply and demand plans
• Other important matters regarding asset allocation

Organization

Head of the Corporate Strategy Department and team manager of the team/department tasked with asset management distribution (up to 10 employees)

Character

Organization making decisions about tactical asset allocation in financial investment and alternative investment

Matters for Deliberation and Resolution

• Matters regarding tactical asset allocation decisions
• Matters regarding establishment of annual, semiannual, and quarterly asset management plans
• Other matters acknowledged as necessary by chairman of the committee

Organization

General Fund Operation director, members of department related to asset management and allocation

Character

Organization making decisions about asset management of Department of Financial Investment and Department of Alternative Investment

Matters for Deliberation and Resolution

• Matters regarding stock management
• Matters regarding bond management
• Matters regarding alternative investment management
• Matters regarding strategy investment management
• Other matters acknowledged as necessary by chairman of the committee

Organization

Members of the corresponding Asset Management Department, Members of Investment Strategy Department, Risk Management Team, and Investment Risk Analysis Team (for agenda items involving the deliberation of alternative investment management) each related to the agenda item

Character

Organization making decisions about new alternative investment decisions

Matters for Deliberation and Resolution

• New investments to be submitted to Investment Deliberation Committee
• Matters regarding submissions such as letter of intent
• Other matters acknowledged as necessary by chairman of the committee

Organization

Members of Asset management department related to agenda, Members of Investment Risk Analysis Team and Investment Strategy Department

Operation

If all members of the department in charge of alternative investment regarding the new alternative investment agenda independently conduct individual evaluation and obtain grand mean of 3.0 points and above out of 5, and individual item mean of 2.0 points and above, it is submitted to Investment Deliberation Committee

Function

Decision-making body that verifies and evaluates the fair valuation of alternative investment assets

Decision agendas of the committee

• Issues concerning fair valuation and the selection of investment assets for evaluation and verification
• Fair valuation evaluation of investment assets and issues related to reductions in investment amounts
• Other matters acknowledged as necessary by chairman of the committee

Composition

General Manager of the Compliance Department, members of departments related to fair value evaluation and verification tasks

Function

Organization that makes decisions on how stock voting rights are exercised

Decision agendas of the committee

• Issues related to the exercise of voting rights on listed shares held under the name of the Korean Teachers' Credit Union
• Other matters acknowledged as necessary by chairman of the committee

Composition

General Fund Operation director, members of Asset management department and Risk Analysis Team