2023 Annual Report

Ethical Management

Transparent Governance

Public Disclosure

In accordance with the Korea Investment Corporation Act, KIC discloses corporate information, including the details and reports below, to ensure transparency and accountability:

• Total assets under management
• Return on total assets
• Asset allocation and investment returns by asset class
• Mid-to long-term investment policy
• Financial statements and accounting standards
• Audit reports
• Changes in portfolio managers

Disclosure of Management Information

In accordance with the Act on the Management of Public Institutions, KIC discloses management information on ALIO, the website for disclosures of the operation of public institutions, including the following details:

• New hires
• Executive compensation / average employee wages
• National Assembly audit results
• Board of Audit and Inspection remarks
• Board of Directors meeting minutes
• Internal audit results
• Employee benefits
• Tax payments

National Assembly Audit

Under the National Assembly Act and the Act on the Inspection and Investigation of State Administration, KIC submits reports on major activities to the National Assembly and is subject to the National Assembly’s annual audit.

External Audits

KIC’s annual financial statements are audited by an external auditor and compliant with international audit standards. The external auditor is selected by KIC’s Statutory Auditor.