b'MISSION VALUESToadvancethehealthCOLLABORATION - We value teamwork to achieve success and encourage staff at all levels to share ideas and offer suggestions and retirement securityfor improving operations. We are enriched by our engagement ofthosewhodedicatewith the Board, our members, and our stakeholders.RESPECT - We treat each other and our members with kindness theircareersandriskand dignity. We promote a fair environment and support each their lives to protect theother by sharing information and knowledge to ensure we deliv-er quality services. people of Los AngelesEFFICIENCY - We continually search for ways to deliver quali-ty services and reduce administrative expenses. We promote innovation throughout the organization and use performance measurement to drive decisions. ACCOUNTABILITY-Werecognizeourresponsibilitytoour memberstodeliverpromisedpensionbenefits.Weensure VISION appropriate oversight to achieve excellence in service, opera-tional, and investment decision making. TRANSPARENCY - We strive to always provide clear, accurate, A secure and and complete information, and transact business decisions in prosperous future an open manner so that our members, the City, and the public can trust that our decisions are fair, honest, and ethical. for our membersETHICS - We preserve the public trust by adhering to the ethical standards established by the State, the City, and our Board. DIVERSITY - We embrace diversity, equity, and inclusion (DEI), and we believe in the power of DEI to enrich our organization.GUIDING PRINCIPLESEnsure a Financially Sound Pursue Operational EfficienciesRetirement SystemBuild and Support a Talented WorkforceManage Risk Throughoutthe Organization Promote Diversity, Equity, and Inclusion (DEI) Throughout the Organization, Including Our Enhance Customer Care Investment Portfolio and Business Partners and Stakeholder Relations SECTION 1INTRODUCTION 7'