<Anchor>

Financial authorities have begun investigating Woori Bank and Hana Bank in relation to the massive loss of financial derivatives and DLF linked to foreign interest rates. It is our policy to identify who is responsible for the product development and sales process.

I am a labor journalist.

<Reporter>

The derivative financial instrument in question guarantees high returns if interest rates in established countries, such as Germany, remain within a predetermined level, but the loss increases when interest rates fall.

So far, nearly 1 trillion won has been sold, of which about 730 billion won are invested by more than 3,600 individuals, and more than 90% of the capital is expected to flow.

The Financial Supervisory Service specially inspects the entire process from product development to sales for Woori and one or two banks that sell a lot of these products.

As global interest rates fall, banks plan to focus their inspections on how to continue selling goods.

Some banks stopped selling when interest rates fell, deciding whether the two banks had a problem with their decision to sell, or whether management was not responsible.

[Final Chairman / Finance Committee Chair: Because we have to do not only the banks that sell, but also the securities companies that issued and issued the products, as well as the operators. ]

It is also being investigated whether banks have made so-called under-sale, which has not properly informed them of the risk.

Currently, the FSS has received over 60 applications for dispute settlements that claim incomplete sales, and some investors herald legal proceedings.

Some have argued that investors who decided to invest an average of 200 million won were not aware of the risk of loss.