Duties and Responsibilities

The board of directors consists of 9 members, and their responsibilities are to:

• Convene shareholder meetings and execute their resolutions.
• Formulate business policies.
• Review significant internal regulations and external contracts.
• Make decisions regarding key personnel within the company.
• Establish or dissolve branch offices and business locations.
• Review budgets and financial statements.
• Decide on matters concerning the mortgage, sale, or disposal of important company assets.
• Propose resolutions for the distribution of profits or the offsetting of losses at shareholder meetings.
• Determine other significant matters.