Summary of the Meeting of the Board of Directors

June 2, 2022

Completed

  1. OPEN: NONE
  2. CLOSED:

    1. Minutes of May 12, 2022 Closed Board Meeting for approval

    TRANSPORTATION DIVISION
    2A. Country: Korea – AP089448XX Foreign Buyer: SPC/Korean Air Lines End User: Korean Air
    Lines Co., Ltd. Products: Aircraft
    Total Financed Amount: $83,099,815 NAC reviewed on April 25, 2022
    Public Notification Expiry Date: May 31, 2022 Congressional Notification Expiry Date: June 1,
    2022 Also see Supplemental Memo
    Decision Required: Approval
    Bakst/Lambe

    2B. Country: Korea – AP089448XA Foreign Buyer: SPC/Korean Air Lines End User: Korean Air
    Lines Co., Ltd. Products: Aircraft
    Total Financed Amount: $84,354,492
    NAC reviewed on April 25, 2022
    Public Notification Expiry Date: May 31, 2022
    Congressional Notification Expiry Date: June 1, 2022
    Also see Supplemental Memo
    Decision Required: Approval
    Bakst/Lambe

Certification for Closure of Meeting

I, Jennifer C.R. Clark, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, June 2, 2022 via teleconference and in person will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public.

Jennifer C.R. Clark 
Assistant General Counsel for Administration

Date Posted

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
JUNE 2, 2022

ITEM NO. 1

Minutes of the May 12, 2022, Board Meeting for approval.
Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor, and Director Bachus all voted in favor of approving the meeting minutes.

ITEM NO. 2A

TRANSPORTATION DIVISION 
Country: Korea – AP089448XX
Foreign Buyer: SPC/Korean Air Lines
End User: Korean Air Lines Co., Ltd.
Products: Aircraft
NAC reviewed on April 25, 2022
Public Notification Expiry Date: May 31, 2022
Congressional Notification Expiry Date: June 1, 2022
Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor, and Director Bachus all voted in favor of the transaction.

ITEM NO. 2B

Country: Korea – AP089448XA
Foreign Buyer: SPC/Korean Air Lines
End User: Korean Air Lines Co., Ltd.
Products: Aircraft
NAC reviewed on April 25, 2022
Public Notification Expiry Date: May 31, 2022
Congressional Notification Expiry Date: June 1, 2022
Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor, and Director Bachus all voted in favor of the transaction.