BEGIN:VCALENDAR PRODID:-//Hawaii Public Meetings and Events Calendar//111285578//EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT DTSTAMP:20261114T052444Z DTSTART:20260819T130000 DTEND:20260820T000000 SUMMARY:Regular Meeting of the Administrative and Audit Committee of the Board of Trustees of the Employees' Retirement System of the State of Ha waii UID:20261114T052444Z-uidGen@fe80:0:0:0:410:d2ff:fefd:e5dd%ens5 TZID:HST LOCATION:City Financial Tower\, 201 Merchant Street\, Suite 1200\, Honolu lu\, Hawaii 96813 DESCRIPTION:

NOT ICE OF REGULAR MEETING

AGENCY: \; &nbs p\; \; \; \;Administrative and Audit Committee of the Board of Trustees of the
\; \; \; \; \; \; \; \; \; \; \; \;Employees&rsquo\; Retirement System of the Sta te of Hawaii

DATE: \; \; \; &n bsp\; \; \; \; Wednesday\, August 19\, 2026\; 1:00 p.m.

PLACE: \; \; \; \; \; \; City Financial Tower\, 201 Merchant Street\, Suite 1200\, Honolulu\, Hawaii \; 96813

\;&nb sp\; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; The meeting will be conducted pursuant to HRS §\;92-3.7\, under which Members of the Administrativ e and Audit Committee of the Board of Trustees and members of the public may participate via interactive conference technology or in person at t he meeting place stated above.

\; \;& nbsp\; \; \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \; \; Members of the public may provide testimony in person or by te leconference\, either audio or video\, at the following link or phone nu mber: \;https://teams.microsoft.co m/meet/291220676677809?p=xl9fKmWO5ZXLBFe7AY

\; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; Or joi n by entering meeting ID: \; 291 220 676 677 809 \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; Passcode: ~~\; VW6pg9qu~~

\n
\; \; \;&nb sp\; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; Individuals testifying at the meeting are r equested to limit their testimony to three (3) minutes or an amount of t ime otherwise designated by the Chairperson.
\n
& nbsp\; \; \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \; \; \; \; Or +1 808-829-4853 United States\, Honolulu (Toll)
Conference ID: \; 310 86 0 596#
\n

\; \; \; \; \;&nbs p\; \; \; \; \; \; \; \; \; \; \ ; \; \; \; \; \; \; \; In the event a udiovisual communication cannot be maintained with participating Trustee s and quorum is lost\, the meeting shall be automatically recessed for u p to 30 minutes\, during which time\, an attempt to restore audiovisual communication will be made. \; If such attempt is unsuccessful\, all Trustees\, members of the publ ic\, staff and other interested individuals may continue to participate in the meeting via telephone using the above-listed telephone and confer ence ID numbers\, whereby audio-only communication will be established f or all participants and the meeting will continue. \; If reconvening the meeting is not possible be cause neither audiovisual nor audio-only communication can be re-establi shed\, the meeting will be terminated.

AGENDA

QUORUM/CALL TO ORDER

PUBLIC COMMENT

Members of the public may submit written testimony on the se agenda items via e-mail or postal mail with receipt recommended by 4: 30 p.m. on Tuesday\, August 18\, 2026\, in order to ensure it is distrib uted in time for consideration. \; Please address written testimony if by e-mail to: \; dale.kanae@hawaii.gov or by p ostal mail to: \; Employees &rsquo\; Retirement System of the State of Hawaii\, Board of Trustees\, 201 Merchant Street\, Suite 1400\, Honolulu\, HI \; 96813. \;

NEW BUSINESS

1. \; \; \; \; \; \; Compliance Office Update on Enterprise Governance\, R isk\, and Modernization Project.

2. \;&nbs p\; \; \; \; \; Internal Audit Update Report by KMH LLP on the Current Status of Activities Completed During July and August 2026\, and an Update on the Completion Status of Management Action Plans for P ast Non-Information Technology Internal Audit Observations and Recommend ations.

Pursuant to HRS &se ct\;92-5(a)(4)\, and (8)\, the Committee may enter into Executive Sessio n to consider information that must be kept confidential pursuant to a s tate or federal law\; and to consult with the Board&rsquo\;s attorneys o n questions and issues pertaining to the Board&rsquo\;s powers\, duties\ , privileges\, immunities\, and liabilities with respect to these matter s.

APPROVAL OF MINUTES &ndash\; July 8\, 2026

APPROVAL OF EXECUTIVE SESSION MINUTES &ndas h\; July 8\, 2026

Pursuant to HRS §\; 92-5(a)(2)\, (4)\, (6) and (8)\, the Committe e may enter into executive session if such approval requires the conside ration of sensitive matters relating to public safety or security\; the consideration of information that must be kept confidential pursuant to State law\; the consideration of the hire\, evaluation\, dismissal\, or discipline of an officer or employee or of charges brought against the o fficer or employee\, where consideration of matters affecting privacy wi ll be involved\; and/or to consult with the Board&rsquo\;s attorneys on questions and issues pertaining to the Board&rsquo\;s powers\, duties\, privileges\, immunities\, and liabilities with respect to these matters.

EXECUTIVE SESSIO N

1. \; \; \; \; \; \; Exec utive Session\, pursuant to HRS §\;92-5(a)(4) and (6)\, to consider sensitive matters related to Cyber Security that involves Information Security\, Technology Risk Management\, and th e protection of Employees&rsquo\; Retirement System Information Assets\, and to consider and consult with the Board&rsquo\;s attorneys on questi ons and issues pertaining to the Board&rsquo\;s powers\, duties\, privil eges\, immunities\, and liabilities with respect to such matters.

ADJOURNMENT \;

If you require auxiliary aid/servic e or other accommodation due to a disability\, please contact
Dale Kehau Kanae at (808) 586-1706 or dale.kanae@hawaii.gov as soon as possible\, preferably by Friday\, August 14\, 2026\, and the ERS will try to obtain the auxiliar y aid/service or accommodation\, but cannot guarantee that the request w ill be fulfilled.

Upon request\, this notice can be made available in large print.

X-ALT-DESC;FMTTYPE=text/html:

NOTICE OF REGULAR MEETING

AGENCY: \; \; \; \; \;Administrative and Au dit Committee of the Board of Trustees of the
\; \; \; \; \; \; &nbs p\; \; \; \; \; \;Employees&rsquo\; Retirement System of the State of Hawaii

DATE: \; & nbsp\; \; \; \; \; \; Wednesday\, August 19\, 2026\; 1:00 p.m.

PLACE: \; \; \; \; \; \; City Financial Tower\, 201 Merchant Street\, Suite 1200\, Honolulu\, Hawaii \; ~~96813~~

\n \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; \; \; The meeting w ill be conducted pursuant to HRS §\;92-3.7\, under which Members of the Administrative and Audit Committee of the Board of Trustees and memb ers of the public may participate via interactive conference technology or in person at the meeting place stated above.
\n
\; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; Members of the public may provide testimony i n person or by teleconference\, either audio or video\, at the following link or phone number: \;https://t eams.microsoft.com/meet/291220676677809?p=xl9fKmWO5ZXLBFe7AY\n
\; \; \; \; \; \; \; \ ; \; \; \; \; \; \; \; \; \; \;& nbsp\; \; \; \; \; Or join by entering meeting ID: \; 291 220 676 677 809 \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; Passcode: \; VW6pg9qu
\n
\; \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; \; \; \; \; \;&nbs p\; \; Individuals testifying at the meeting are requested to limit their testimony to three (3) minutes or an amount of time otherwise designated by the Chairperson.
\n
\; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \; \;&n bsp\; \; \; \; \; Or +1 808-829-4853 United States\, Honolulu ( Toll)
Co nference ID:& nbsp\; 310 860 596#
\n
\; \; \;& nbsp\; \; \; \; \; \; \; \; \; \;&nb sp\; \; \; \; \; \; \; \; \; \; In the event audiovisual communication cannot be maintained with part icipating Trustees and quorum is lost\, the meeting shall be automatical ly recessed for up to 30 minutes\, during which time\, an attempt to res tore audiovisual communication will be made. \; If such attempt is unsuccessful\, all Trustees\, me mbers of the public\, staff and other interested individuals may continu e to participate in the meeting via telephone using the above-listed tel ephone and conference ID numbers\, whereby audio-only communication will be established for all participants and the meeting will continue. \; If reconvening the meeting i s not possible because neither audiovisual nor audio-only communication can be re-established\, the meeting will be terminated.
\n
~~AGENDA~~
\n
QUO RUM/CALL TO ORDER
\n
PUBLIC COMMENT
\n
Members of the public may submit written testimony on these agenda items via e-mail or postal mail with receipt recommended by 4:30 p.m. on Tuesday\, August 18\, 2026\, in order to ens ure it is distributed in time for consideration. \; Please address written testimony if by e-mail t o: \; ~~dale.kanae@hawaii.gov or by postal mail to: \; Employees&rsquo\; Retirement System of the State of Hawaii\, Boa rd of Trustees\, 201 Merchant Street\, Suite 1400\, Honolulu\, HI \; 96813. \;~~
\n
NEW BUSINESS
\n
1.&nbs p\; \; \; \; \; \; 2. \; \; \; \; \; \; Internal Audit Update Repo rt by KMH LLP on the Current Status of Activities Completed During July and August 2026\, and an Update on the Completion Status of Management A ction Plans for Past Non-Information Technology Internal Audit Observati ons and Recommendations.
\n
Pu rsuant to HRS §\;92-5(a)(4)\, and (8)\, the Committee may enter into Executive Session to consider information that must be kept confidentia l pursuant to a state or federal law\; and to consult with the Board&rsq uo\;s attorneys on questions and issues pertaining to the Board&rsquo\;s powers\, duties\, privileges\, immunities\, and liabilities with respec t to these matters.
\n
APPROVAL OF MINUTES &ndash \; July 8\, 2026
\n
APPROVAL OF EXECUTIVE SESSIO N MINUTES &ndash\; July 8\, 2026
\n
Pursuant to HRS §\; 92-5(a)(2)\, (4)\, (6) and ( 8)\, the Committee may enter into executive session if such approval req uires the consideration of sensitive matters relating to public safety o r security\; the consideration of information that must be kept confiden tial pursuant to State law\; the consideration of the hire\, evaluation\ , dismissal\, or discipline of an officer or employee or of charges brou ght against the officer or employee\, where consideration of matters aff ecting privacy will be involved\; and/or to consult with the Board&rsquo \;s attorneys on questions and issues pertaining to the Board&rsquo\;s p owers\, duties\, privileges\, immunities\, and liabilities with respect to these matters.
\n
EXECUTIVE SESSION
\n
1. \; \; \; \ ; \; \; Executive Session\, pursuant to HRS §\;92-5(a)(4) and ( 6)\, to consider sensitive matters related t o Cyber Security that involves Information Security\, Technology Risk Ma nagement\, and the protection of Employees&rsquo\; Retirement System Inf ormation Assets\, and to consider and consult with the Board&rsquo\;s at torneys on questions and issues pertaining to the Board&rsquo\;s powers\ , duties\, privileges\, immunities\, and liabilities with respect to suc h matters.
\n
ADJOURNMENT \;
\n
If you require aux iliary aid/service or other accommodation due to a disability\, please c ontact
Dale Kehau Kanae at (808) 586-1706 or dale.kanae@ha waii.gov as soon as possibl e\, preferably by Friday\, August 14\, 2026\, and the ERS will try to ob tain the auxiliary aid/service or accommodation\, but cannot guarantee t hat the request will be fulfilled.
\n
&nb sp\;
\n
Upon request\, this notice can b e made available in large print.
END:VEVENT END:VCALENDAR