Standard Internal Information Management Regulations for KOSDAQ-Listed Companies

Enacted: August 28, 2009

Amended: May 23, 2017

Amended: December 16, 2020

Amended: October 04, 2022

Chapter 1: General Provisions

Article 1 (Purpose)

The purpose of these Regulations is to establish matters concerning the comprehensive management and appropriate disclosure of internal information of the Company, thereby ensuring prompt and accurate disclosure and preventing insider trading by executives and employees in accordance with the "Financial Investment Services and Capital Markets Act" (hereinafter referred to as the "Act") and all related laws and regulations.

Article 2 (Definition of Terms)

In these Regulations, the term "Internal Information" refers to disclosure obligations under Chapter 1 of the KOSDAQ Market Disclosure Regulations (hereinafter referred to as "Disclosure Regulations") of the Korea Exchange (hereinafter referred to as "Exchange"), as well as other matters concerning the Company's management or financial status that may influence investment decisions. (Amended May 23, 2017)

In these Regulations, the term "Disclosure Officer" refers to the person authorized to perform reporting duties on behalf of the Company pursuant to Article 2, Paragraph 4 of the Disclosure Regulations.

In these Regulations, the term "Executive" refers to directors (including any person falling under any of the subparagraphs of Article 401-2, Paragraph 1 of the "Commercial Act") and auditors.

Definitions of terms used in these Regulations, other than those specified in Paragraphs 1 through 3, shall be governed by the definitions in relevant laws and regulations.

Article 3 (Scope of Application)

Unless otherwise provided for by relevant laws, regulations, or the Articles of Incorporation, matters regarding disclosure, insider trading, and internal information management shall be governed by these Regulations.

Chapter 2: Management of Internal Information

Article 4 (Management of Internal Information)

Executives and employees shall strictly manage the Company's internal information learned in the course of their duties and shall not leak such information inside or outside the Company, except where necessary for business operations.

The Representative Director shall take necessary measures to manage internal information, including establishing specific standards for the storage, delivery, and destruction of internal information and related documents.

※ In the case of a company with executive officers, "Representative Director" shall be read as "Representative Executive Officer." The same shall apply hereinafter. (Footnote added on May 23, 2017)

Article 5 (Disclosure Officer)

The Representative Director shall designate a Disclosure Officer and report such designation to the Exchange without delay. The same shall apply when the Disclosure Officer is changed. (Amended May 23, 2017)

The Disclosure Officer shall oversee duties related to the establishment and operation of the internal information management system and perform the following duties:

Execution of disclosures

Monitoring and evaluating the operational status of the internal information management system

Reviewing internal information and determining whether to disclose it

Taking necessary measures to operate the internal information management system, such as providing training for executives and employees

Directing and supervising departments or executives/employees in charge of internal information management or disclosure duties

Other duties recognized by the Representative Director as necessary for the operation of the internal information management system

The Disclosure Officer shall have the following authority in performing their duties:

Authority to request the submission of and to inspect various documents and records related to internal information

Authority to hear necessary opinions from executives and employees of the department in charge of accounting or auditing, or any other department involved in generating internal information

The Disclosure Officer may consult with executives in charge of related duties if necessary for performing their duties and may seek professional assistance at the Company's expense.

Addenda

These Regulations shall enter into force on September 1, 2009.

These amended Regulations shall enter into force on May 23, 2017.

These amended Regulations shall enter into force on December 16, 2020.

These amended Regulations shall enter into force on October 04, 2022.