Korea Sports Promotion Foundation Practices Transparent Management

*This content was translated by AI.

The Korea Sports Promotion Foundation launched efforts to strengthen its operations by convening its 'first Internal Control Committee'.

On the 15th, at the Olympic Hall, the appointment ceremony for internal control expert committee members and the 'first Internal Control Committee' were held, attended by management including Ha Hyeong-ju (Director) and internal control expert committee members.

Previously, the Sports Promotion Foundation has built a foundation for internal control execution led by institutional investors through an internal control committee chaired by Jang Eul (Chairman), including discussions on 'internal control risk management systems', 'sharing of company-wide risk checks and improvement directions', and 'review of internal control performance'.

During the first meeting, internal control strategic tasks and amendments to operational regulations were shared, followed by discussions on major company-wide risk improvement measures. In particular, the foundation plans to secure external trust in its internal control governance through integrated certification under the international standard for internal control (ISO) this year.

A Korea Sports Promotion Foundation official, reached by phone, stated that the foundation will "continue to build a sustainable internal control environment and demonstrate a model public institutional investor that meets the expectations of the public".

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*This content was translated by AI.