The female model's name is Lee Eun-young. This might be the same Lee Eun-young who went by Ben in the band Bebe Mignon but I'm not 100% sure.
This is from the Sound of Incheon Pt. 1 compilation EP
It's mostly Nucksal talking about being on Show Me the Money lol (click CC for subtitles)
Source: fyeahkoreanphotoshoots 1, 2, 3, 4, 5, 6; Poclanos youtube , Riccie권 youtube, Playboy Korea