According to the Company's Articles of Association, the Company's Board of Directors currently consists of seven directors, including three independent directors, with a term of three years and the right to be re-elected. The Board of Directors organizes the Board of Directors, which is responsible for resolving and implementing important matters related to the Company's business. A chairman is elected by mutual agreement of more than two-thirds of the directors and by a majority of the attending directors. The chairman represents the Company externally and oversees all important matters of the Company. The Company has also purchased liability insurance for all directors in the scope of their business operations.

The term of office for this board of directors is from May 24, 113 to May 23, 116.

The Company’s Board of Directors has established a Salary and Compensation Committee in accordance with Article 14-6 of the Securities and Exchange Act and an Audit Committee in accordance with Article 14-4 of the Securities and Exchange Act.