BAFS Group Risk Management Working Group

BAFS Group Risk Management Working Group is responsible for overseeing the Group’s risk management to ensure compliance with established policies. It monitors and reviews the risk management process to ensure that it is efficient and effective, including the identification of the Group’s key risks, as well as the assessment and management of the Group’s risks in accordance with prescribed guidelines. The Working Group reports these risk management activities to the Audit Committee and the Board of Directors.

The Board of Directors appoints the BAFS Group Risk Management Working Group, which comprises at least six (6) members. A director representative appointed by the Board of Directors, or the President, shall serve as the Chairperson of the Working Group by virtue of their position. The Corporate Risk Management Section Manager shall serve as the Working Group Secretary. This appointment is effective from 1 January 2026 onward.