Loan Approval Authority Regulation 1.Loan approval authority criteria (1) Approval authority limit (2) Definition of Term (3) Operating Principle (4) Determination on Loan 2. Operating Guideline for approval authority limit of corporate loan (1) Application of Single Borrower Limit (2) General Operating Guideline (3) Restricted Operating Guideline (4) Special Operating Guideline (5) Change in Condition (6) Exceptional Operation of Approval Authority Limit in Overseas Loan 4.Regular Review & Simple Review Table (1) Range of Regular Review (2) Notification of Review Schedule (3) Request for Approval (4) Notification for Approval (6) Drawing Simple Review Table 3. Operating Guideline for Approval Authority Limit of Household Loan

2 Corporate loan approval limit Retail SME approval limit Household loan approval limit ○ Loan : All transactions that may bring about loss to our bank and overseas local corporation of our bank due to insolvency of the other party of transaction. Fund operation (investment securities) with purpose of acquiring capital gain rather than general fund operation (marketable securities) ○ Single Borrower : Unit of natural person or corporation. Although it may be natural person and corporation with independency and juridical personality in formation, it is the relevant natural person and corporation dominated by single borrower ○ New : Handling of new loan or substitution on already handled loan. Change in debtor. Increase in loan. ○ Renewal : Extension in stipulation period within the range allowed by the regulation on already handled loan (including the extension and renewal in transaction period of revolving loan within limit) ○ Amendment in Condition : Change in transaction condition except the change in amount, period and debtor of already approved loan. ○ Credit Risk : Ratio differentiated for each loan type based on size of credit risk the loan has ○ Savings ㆍ Installment Saving, etc. of Our Bank : Savings ㆍ Installment Savings, Certificate of Deposit, Cover Bill, Bank Debenture and Right of Beneficiary for Money Trust of our bank ○ Realization Value of Collateral : [appraisal value × collateral recognition ratio] – senior claims ○ Collateral Recognition Ratio : Recognition rate for each collateral type applied when calculating the limit of net credit loan ○ Total credit : Total of all loans ○ Net unsecured credit : Realization value of collateral deducted from loan amount times loan risk ○ Total Credit Limit : Discretionary limit calculated deducting the single borrower limit from total loan ○ Net Unsecured Credit Limit : Discretionary limit calculated deducting the realization value of collateral from the loan amount excluded of single borrower limit from total loan times credit risk ○ Allowance Loan : Loan processed with increase after regular review ○ Retail SME loan : Loan to small & medium enterprise in Korea with total loan of under 1 billion won with our bank that can be classified as retail loan by Bagel Ⅱ condition (detailed standard is as prescribed by the chief of credit planning department) 1. Loan Approval Authority Criteria (1) Approval Authority Limit (2) Definition of Term (3) Operating principle Loan approval authority limit ① Standard for Single Borrower / Application of corporate loan + Retail SME loan + Household loan in sum ② Loan balance after processing the new, extension and change in condition based on (revolving loan within limit – Revolving loan limit) ③ Loan approval on foreign financial institution: Standard for credit exposure limit setting

3 Determination on Loan with Request for Approval Approval Conditional Approval ReservationDisapproval Loan Approval -Total credit limit, net unsecured credit limit and loan limit for each loan category (loan amount in case of individual loan) - Possible to disregard the application of regular review exempted debtor - Loan for fund operating department → Approval with loan limit for each operating department rather than loan limit for each loan category Approval by head of marketing support department/loan officerGeneral manager of Branch/loan officer : No Operation of discretionary limit including overseas loan, etc (4) Determination on Loan - Extension of regular review approval period is available for 1 time (In case within approved amount at recent regular review and without lowering of credit rating) Loan Approval Period For Regular Review Credit Rating of Lower than 6(-) Company with Credit Rating of Higher than 3 - Company with credit rating of 1 ∼ 5(0) → Within 1 year - Credit rating of lower than 5(-) → Within 6 months - However,, company with credit rating of 5(-) ∼ 6(0) and credit evaluation exemption → Operation within 1 year by person with discretionary powers considering the credit status of transaction - Within realization value of collateral or no trouble in preservation of bond → Operation within 1 year with approval of person with discretionary power Higher than Review Sub-Committee 2. Operating Standard for Discretionary Limit for Corporate Loan (1) Application of single borrower limit Approval Highest rank with discretionary powers among person with discretionary powers for total credit limit, net unsecured credit limit to single borrower. Prescribed within same period as approval period of regular review. (Except the cases approved by the person with discretionary powers in loan) Debtor = Overseas Local Corporation Approval of lower rank with discretionary powers within 10% of total loan limit and net credit loan limit to single borrower based on credit rating of parent company in Korea. (Discretionary limit of low rank with discretionary power is within allowance loan limit) Approval Period for Individual Loan ※ In case credit rating of holding company in Korea is 1~3 or there is full guarantee by parent company in Korea (2) General Operating Standard (3) Restricted Operating Standard Credit Exposure Limit Setting for Overseas Financial Institutions Debtor and Company under Guidance with Credit Rating of Under 8 * Approval of Loan Officer ’ s Committee in each one of following item ① Domestic and foreign financial institution with total loan limit of under 1 billion won ② Trade finance transaction with overseas financial institutions with total loan limit of under 5 billion won Application of discretionary limit for credit rating of under 6(-) (Minimum discretionary powers for company under guidance : approval by Strategic Loan Officer ’ s Committee or higher) Approval of Senior Loan Officer ’ s Committee or higher

4 Loan renewal for Regular Review Exempted Debtor - New and Extension within range of total credit limit, net unsecured credit limit and limit for each loan category for debtor approved in regular review (Debtor who is judged “ no permission ” by the simple review table -> re-approval in regular review) - In case of sight L/C open payment guarantee and trade finance that excess processing is unavailable temporarily for within 5% of approval amount (based on limit) - Individual loan processing within range of stipulation period and limit amount of revolving limit transaction Senior Loan Officer ’ s Committee as highest rank with approval authority Issuance of Domestic Payment Guarantee based on Request of Foreign Currency Transaction Bank Discretion of general manager of Branch or head of division in each One of following Item -Less than USD 5 million per transaction : General manager of branch. (In case of prior-confirmation by head of FI Division) - Others : Head of Credit Approval Division D/A Negotiation Debtor Falling under each One of Following Item Processed as new and extended for loan exceeding total period of notes of over 360 days (180 days for transaction between main branches) → Approval by Review Sub-Committee of Higher -Debtor possessing the loan processed at branch and fund operating department -Debtor possessing domestic and overseas loans -Debtor of foreign corporation in domestic branch – debtor whom was under special management for damage to our bank but concluded of special management with normalization at present→ Approval by Review Sub-Committee or Higher (4) Special Operating Guideline Loan Excluding the Discretion of General manager of Branch or head of division / Single Borrower Limit - Loan processed within realization value of collateral with savings and savings deposit of our bank as collateral and guarantee process after full reserve of deposit. - Loan processed within realization value of collateral with government and public bonds (same currency with loan) as collateral -Loan processed within realization value of collateral with guarantee (including Stand By L/C confirmed of exposure limit by chief of department in charge or Letter of Guarantee) as special collateral - Loan equivalent to loan guarantee of the small business administration guarantee by branch in US - Overseas loan to foreign official residence for support of real estate purchase fund (including the cost including the design cost, landscape construction cost, real estate for work, etc) reflected in the appropriation budget of government - Loan within USD 5 million and range of same condition with MASTER L/C (fulfillment of conditions including amount, shipping date, expiration date, product, payment condition, fare condition, etc) processed by setting MASTER L/C that meets the purchase requirement before collection with letter of credit issued or confirmed by the foreign currency exchange bank of our bank as unofficial collateral and opening the L/C that meets requirement for appropriation of direct payment after the completion the Nego of Master L/C (Purchase of normal export bills, Exchange of INVOICE from shipping documents arrived at our bank) without finance for payment when shipping document arrives -Opening of L/C with request of other bank based on stipulation relevant to L/C re-issuance and arbitration concluded with other foreign currency exchange bank in Korea, confirmation and takeover of L/C based on request of overseas currency transaction bank confirmed of exposure limit regarding the commissioning financial institutions from chief of department in charge and purchase after acceptance of non-recourse export bills confirmed of exposure limit regarding the commissioning financial institution from chief of department in charge (including the transaction where export bill purchased with recourse is converted into non-recourse at the point of acceptance) -Loan processed within realization value of collateral with Stand by L/C issued by our bank as special collateral Change in Category after Approval of Regular Review among Change in Conditions Credit Risk resulting from Change in Condition Highest Rank with Discretionary Powers : Senior Loan Officer ’ s Committee Necessity for Approval of Person with Discretionary Powers with increase in amount Discretionary Limit of Corporate Loan for Overseas Local Company Restricted operation in 「 Loan Procedure 」 or special regulation for each region (5) Change in Condition (6) Operation of Discretionary Limit in Overseas Loan for Exception

5 Discretionary limit for each classification of overseas household loan Operating standard abides by Ⅱ -1. discretionary limit of company loan Single Borrower Limit for each Classification General manager of Branch Note1) Loan Officer ’ s Committee or higher Net Credit Loan Limit US$ 20,000( ￥ 2 million) Application of discretionary limit with rating of under 6 (-) for corporate loan Total Loan Limit US$ 300,000( ￥ 30 million) Note 1) In case of setting housing as collateral within realization value of collateral, additional processing of Us$ 200,000 ( ￥ 20 million) is available Note 2) Amount indicated in ￥ is for general manager of branch in Japan (1) Range of Regular Review Appropriateness of total credit limit, net unsecured credit limit and limit for each category of individual loan for each debtor, appropriateness of internally managed credit extension limit in case of target debtor for internally managed credit extension limit prescribed in 「 Loan Procedure 」 1 Loan operating guidelines of approval period of regular review2 Review on new loan or loan for increase3 Review on amendment in terms and conditions4 Yearly review on long-term loan exceeding approval period of over 1 year5 Contents of change including the important credit status of the company (affiliated company) 6 3. Operating Standard of Approval Authority Limit of Household Loan 4.Regular Review & Simple Review Table ※ Even in case of individual loan, next regular review date shall be designated Regular Review Pre-approved loan possessing transaction Regular integrated review more than 1 time a year Individual Loan Review New transaction With loan generation Classification of Transaction Review Period Classification of Review In case additional loan processing before execution of regular review Additional loan after approval of regular review (including change in condition )

6 Regular review schedule for debt possessing discretionary loan of Loan Officer ’ s Committee or higher Decision of schedule by Loan approval division in charge Notification to loan approval division in charge and fund operating division 2 months before approval period of regular review Notified loan approval division in charge and fund operating division notifies for the branch to request for regular review (2) Notification of Review Schedule Request according to “ in-advance consultation ” process based on approval system Request of branch and fund operating division for approval at regular review Until 45 days before the approval period of previous regular review Approval request target and unit - Target : all loan to single borrower (Including the request for in-advance approval of new loan, loan for increase, change in condition, additional loan to be exposed in future) - Unit : Loan transaction branch Request by overseas subsidiary of our bank Regular Review = To review not only net credit loan limit and total loan limit of debtor but also the base individual loan (including the new loan estimated for processing in future) Namely, review on individual loan is carried out first and review on net credit loan limit and total loan limit are carried out on the foundation Therefore, 1 st processing branch shall execute review and examination on appropriate limit for each category of individual loan including the scale of operating fund to be consumed, facility fund examination table (in case of processing facility fee), etc, propriety in use of fund for each loan category, probability for collection of loan, etc. Also, in case of new, extended and category changed loan process with discretion of vice-chief after approval of regular review, same review and examination shall be conducted in the branch (3) Request for Approval (4) Notification for Approval ○ Net unsecured credit limit and total credit limit ○ Internally managed credit extension limit (Limited to debtor prescribed in 「 Loan Procedure 」 ) ○ Category of Loan ○ Limit for each Category of Loan ○ Approval Period for Regular Review ○ Others : Approval conditions, approval limit for each fund operating department when necessary and loan operating guidelines until next regular review, etc. Detailed Contents of Notification

7 Exemption ○ Debtor under special management ○ Retail SME Debtor ○ Household Debtor ○ Debtor only possessing the discretionary loan of lower than general manager of branch ○ Foreign company (including financial institutions) debtor only possessing overseas loan classified substandard or worse soundness level ○ Debtor possessing credit card bond except the corporation credit card limit ○ Debtor possessing the real-estate development finance, investment banking loan considering the traits of transaction and short-term loan with installment payment whom was approved of regular review exemption by person with discretionary powers of higher than Loan Officer ’ s Committee in initial loan approval with determination to have no trouble in bank ’ s security interest. (5) Regular Review Exemption Necessity for drawing simple review table ○ New and extension within range of total credit limit, net unsecured credit limit, internally managed credit extension limit and limit for each category of loan of loan approved in regular review ○ In case of processing allowance loan with discretion of general manager of branch → In case outcome of review is “ no permission ”, approval of person with discretionary powers of loan is required in case of allowance loan for each of branch ○ “ Simple review table ” shall be drawn for transaction of loan processing branch and it includes the same natural person or corporation doing transaction with other branch ○ Regular review shall be carried out in each one of following item and approved by the person with approval authorities 1. Arrival of approval period of regular review 2. In case outcome of review by “ simple review table ” is ‘ no processing ’ 3. With generation of cause falling under review item of “ simple review table ” during approval period of regular review 4. In case loan officers in charge determines early regular review was necessary 5. In case it is prescribed separately in other loan relevant regulations (6) Drawing Simple Review Table

8 Simple Review Table Name of Company:Branch Execution of Recent Regular Review Date of ApprovalApproval PeriodPerson with Approval Right Approved total loan limit and net credit loan limit Total loan limitNet credit loan limit Contents of Processing Classification of Processing Processing within approval limit of regular review( ) Allowance loan( ) Total loan limit and net credit loan limit after processing Total loan limit( ) Net credit loan limit( ) Review Items No. Review ItemsY/N Lowering of credit rating after date of regular review (“Y” with more than 1 corresponding item) – lowering of credit rating to under 5(0) – lowering of credit rating from 5(0) to 5(-) – Lowering of more than 2 credit ratings Y/N New selection of company under guidance or company under cautious observation after regular review Registration of debtor or guarantee as transaction with risk or restricted transaction Change in credit rating of our bank to 6(-) or lower after the date of regular review Company possessing the loan lower than cautious after date of regular review Company possessing the overdue loan or guarantee advance payments – no application when suspended bills bought is classified as overdue loan and notification of overdue to reviewers in charge within 2 business days after processing – Reviewers shall notify branch the result after examining the early execution of regular review, follow-up services, etc regarding notified overdue Management standard of overdue loan of suspended bill bought is as separately prescribed in regulation Company not performing the approval condition of previously approved loan (except the case where performance period of approval condition has not been arrived) After date of regular review – A) Company with 1 st non-payment in overdraft transaction B) Company with overdue principal or advance for more than 1 month C) Company with more than 2 month of overdue interest Company where internal credit exposure limit previously approved exceeds the appropriate credit exposure limit for each transaction with reduction of appropriate credit exposure limit for each transaction with cause including the increase in other bank loan after date of regular review Outcome of Review Permission( ) No-Permission( )Date of Review Reviewer in Charge (seal) * In case of more than 1 “Y” among review items, outcome of review shall be “no processing”. * Send a copy of contents to reviewers in charge of processing allowance loan Name of loan officer in Charge Date of Sending