<aside> 💡 At the Annual General Meeting on Monday, July 22, 2024, the Board of Directors approved the following

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CVC Alliance Rules

Article 1 (Purpose) The purpose of this regulation is to stipulate the organizational functions of the CVC Alliance and matters related to its operation.

Article 2 (Composition) â‘  The CVC Alliance shall be composed of a chairman and member companies.

â‘¡ The Chairman of the CVC Alliance shall be elected from among the member companies. However, in special cases, other methods of election may be determined.

â‘¢ The term of office of the Chairperson shall be two years, but may be reappointed for consecutive terms.

â‘£ For the smooth operation and administration of the CVC Alliance, the Korea Institute of Industrial Technology shall be appointed as the secretary in charge of related investment projects.

Article 3 (Functions) The CVC Alliance shall consult on the following matters.

â‘  Expanding strategic investments for the parent company's entry into new industries and strengthening the value chain through CVC cooperation

Discovering innovative companies and supporting technology commercialization through strategic collaboration with CVC parent companies

Expressing willingness to actively improve various regulations that hinder CVC investment and making policy suggestions

Providing support for CVC investee companies' valuation and global expansion

⑤ Other needs related to the operation of the CVC Alliance

Article 4 (Meetings) Meetings of the CVC Alliance shall be held once a year and once a quarter in principle, and may be convened by the Chairperson as needed.

Article 5 (Minutes) â‘  The secretary shall prepare minutes of the meeting, report to the chairman, and keep them.