BGF Retail

Governance

BGF Retail pursues board-centered management that facilitates mutual control and balanced function and is committed to maximizing shareholder profits and corporate value and establishing advanced governance structures.

Board Structure

2024.03

Classification	Name	Gender	Position	A Major Career	Tenure
Internal Director	Sueng-Bae Min	Male	General business management	-Chairman of the Board Member of Non-executive -Director Candidate Recommendation Committee	2023.03.28 ~ 2026.03
	Jeong-Kook Hong	Male	General business management	-	2024.03.21 ~ 2027.03
	Ji-Taek Song	Male	General business management	Member of Internal Transaction Committee	2024.03.21 ~ 2027.03
Non-executive directors	Bok-Hyun Baek	Male	Finance/Accounting	-Chairman of the audit committee -Member of Non-executive Director Candidate Recommendation Committee	2019.03.27 ~ 2025.03
	Myeong-Gwan Han	Male	Legal	-Member of the audit committee -Member of the Internal Transaction Committee	2019.03.27~ 2025.03
	Young-Chul Lim	Male	Legal/Fair trade	Chairman of Non-executive Director Candidate Recommendation	2019.03.27 ~ 2025.03
	Ja-Won Choi	Female	Economy	Member of the Internal Transaction Committee	2022.03.29~ 2025.03
	Hyun-Sang Shin	Male	Management/Economy	Member of the audit committee	2023.03.28~ 2026.03

Role and Configuration of Board of Directors

BGF Retail consists of three committees: Audit Committee, Non-executive Director Candidate Recommendation Committee, and Internal Transaction Committee. Each committee is composed of directors with expertise in the relevant field and entrusted with some functions prescribed by laws and Articles of Incorporation among the functions of the board of directors, such as monitoring and consulting on essential matters.

Board of Directors

Audit Committee

Non-executive Director Candidate Recommendation Committee

Internal Transaction Commission

Voting status from the shareholder’s meeting

The 7th shareholders' general meeting was held on March 21, 2024, and the total stock attendance including proxy holders with the power of attorney and those through electronic attendance was 14,053,430 stocks, which represented 81.4% of the total 17,283,906 stocks with voting rights that the company had issued. There was no extra agenda proposed by shareholders; all the original agendas for the 7th general meeting of shareholders were passed.