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

Classfication	Name	Gender	Position	A Major Career	Tenure
Internal Director	Keon-Jun Lee	Male	General business management	Chairman of the Board	2020.03.25~ 2023.03
Internal Director	Gi-Sung Ahn	Male	General business management	Member of Internal Transaction Committee Member of Non-executive Director Candidate Recommendation Committee	2021.03.25~ 2024.03
Other non-executive directors	Jeong-Kook Hong	Male	General business management	-	2020.03.25~ 2023.03
Non-executive directors	Nan-Do Kim	Male	Management(consumption trend)	Chairman of Internal Transaction Committee Member of the audit committee	2017.11.01~ 2023.03.24
	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	2019.03.27~ 2025.03
	Young-Chul Lim	Male	Legal/Fair trade	Chairman of Non-executive Director Candidate Recommendation Member of the Internal Transaction Committee	2019.03.27~ 2025.03
	Ja-Won Choi	Female	Economy	Member of the Internal Transaction Committee	2022.03.29~ 2025.03

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 5th shareholders' general meeting was held on March 29, 2022, and the total stock attendance including proxy holders with the power of attorney and those through electronic attendance was 15,114,665 stocks, which represented 87.5% of the total 17,275,015 stocks with voting rights that the company had issued. There was no extra agenda proposed by shareholders; all the original agendas for the 5th general meeting of shareholders were passed.