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KEPCO (NYSE: KEP) plans EGM to add power grid expert

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Korea Electric Power Corporation (KEPCO) has called an extraordinary general meeting of shareholders for fiscal year 2026 to vote on electing Kim, Jae-koon as a Standing Director. Shareholders recorded in KEPCO’s shareholder registry on March 13, 2026 will be eligible to exercise voting rights.

The nominee is described as an expert in power grid construction and operations, credited with improving power grid construction cost efficiencies, developing advanced cable operation technologies, and leading major HVDC infrastructure projects that support stable power supply to key industrial regions.

If elected, Kim, Jae-koon is expected to serve as Corporate Senior Vice President and Chief Power System Officer, joining the existing mix of standing and non-standing directors and helping KEPCO support timely power grid construction and stable energy supply during the energy transition.

Positive

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extraordinary general meeting of shareholders regulatory
"Korea Electric Power Corporation (“KEPCO”) hereby calls the extraordinary general meeting of shareholders"
A meeting called by a company outside its regular annual meeting to address urgent or special matters that cannot wait until the next scheduled meeting. Investors attend or vote to decide on actions such as major deals, leadership changes, capital-raising, or rule changes; think of it as an emergency board meeting where shareholders have a direct say and the outcomes can quickly change a company’s strategy, ownership stakes, or financial prospects.
Standing Director financial
"1) Election of a Standing Director - Kim, Jae-koon"
HVDC technical
"establishing HVDC installation standards and developing advanced cable operation technologies"
HVDC, short for high‑voltage direct current, is a way of transmitting electricity as a steady one‑direction flow over long distances or undersea links instead of the usual back‑and‑forth alternating current. Like a high‑speed, nonstop pipeline for power, it cuts energy loss and can link different power grids or distant renewable sites more efficiently. Investors watch HVDC projects because they are large, long‑lived infrastructure investments that affect utility revenue, grid capacity, construction and regulatory risk, and the economics of power supply.
power grid construction technical
"The nominee is an expert in power grid construction and operations."
energy transition technical
"ensuring a stable energy supply at a critical turning point for the energy transition"
Energy transition is the global shift from relying mainly on fossil fuels, like coal and oil, to using cleaner and renewable sources of energy, such as wind, solar, and water. This change is important to investors because it influences the future of energy markets, affects the value of related industries, and can create new opportunities or challenges as the world moves toward more sustainable energy sources.
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the Month of April 2026

Commission File Number 001-13372

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


Korea Electric Power Corporation (“KEPCO”) hereby calls the extraordinary general meeting of shareholders (“EGM”) pursuant to a board resolution adopted on April 10, 2026 and seeks the attendance of its shareholders. Shareholders who are registered in the KEPCO’s shareholders’ registry on March 13, 2026 will be entitled to exercise their voting rights at this EGM.

The following is an English translation of the notice given to the shareholders in connection with the EGM:

To: Shareholders

From: Kim, Dong-Cheol, President & CEO of KEPCO

We hereby call the fiscal year 2026 EGM pursuant to Article 18 of the Articles of Incorporation of Korea Electric Power Corporation as follows and seek your attendance. Pursuant to Article 542-4 of the Commercial Act of the Republic of Korea, this notice shall be in lieu of notices to be given to the shareholders.

 

  1.

Date / Time: April 27, 2026 / 11:00 (Seoul Time)

 

  2.

Location: 55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Republic of Korea

 KEPCO Headquarters

 

  3.

Item to be Reported: Audit Report

 

  4.

Agenda for Shareholder Approval:

1) Election of a Standing Director

- Kim, Jae-koon

Details of the proposed agenda for the EGM are attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

By:  

/s/ Joo, Hwa-sik

  Name: Joo, Hwa-sik
  Title: Vice President

Date: April 10, 2026


Attachment

Agenda 1. Election of a Standing Director

 

   

Kim, Jae-koon

 

   

Gender : Male

 

   

Date of Birth : February 28, 1967

 

   

Current Position in KEPCO : Expert Advisor of Regional Headquarters KEPCO Daegu (From December 2025 to Present)

 

   

Previous Positions in KEPCO

 

  -

Vice President and Head of Regional Headquarters KEPCO Busan-Ulsan (from December 2024 to December 2025)

 

  -

Vice President and Head of New Transmission Business Department (from November 2022 to December 2024)

 

  -

Vice President and Head of Transmission & Substation Department of Regional Headquarters KEPCO Daegu (from December 2021 to November 2022)

 

  -

Assistant Vice President and Head of New Transmission Construction Team (from December 2020 to December 2021)

 

  -

Direct General and Head of Daegu-Gyeongbuk Regional Construction Office (from January 2019 to December 2020)

 

  -

Direct General and Head of Pohang Regional Transmission and Substation Management Office (from July 2018 to January 2019)

 

   

Nominated by : President & CEO of KEPCO

 

   

Relationships with the largest shareholder of KEPCO : None

 

   

Transactions with KEPCO in the last three years : None

 

   

Tax Delinquency : None

 

   

Management Positions in any Insolvent Enterprise : None

 

   

Disqualifications under relevant laws : None

 

   

Term of Office as Standing and Executive Director in KEPCO : Two Years


The nominee, Mr. Kim, Jae-koon has exhibited outstanding capabilities and performances in field operations and overall organizational management during his tenure in various key positions at KEPCO, including as Vice President and Head of Transmission & Substation Department of Regional Headquarters KEPCO Daegu, Vice President and Head of New Transmission Business Department and Vice President and Head of Regional Headquarters KEPCO Busan-Ulsan.

The nominee is an expert in power grid construction and operations. Based on his expertise, he has successfully performed diverse tasks in KEPCO, including improving power grid construction cost efficiencies by establishing HVDC installation standards and developing advanced cable operation technologies and contributing to the stable power supply of the southern metropolitan area, which is a strategic hub for semiconductor and other industrial complexes, through the timely energization of infrastructure projects. In particular, he is credited with successfully securing the necessary permits and regulatory approvals for the East Coast-Shin Gapyeong HVDC construction project and initiating its full-scale construction based on his strong leadership.

If the nominee is elected as a Standing Director, his expertise and experience will help KEPCO play a pivotal role in the timely construction of power grids and ensuring a stable energy supply at a critical turning point for the energy transition and the establishment of future power networks.


Reference to the Shareholders:

Composition of the Board of Directors

After the election as listed in this Notice, the board of directors of KEPCO will be composed of the following individuals:

 

         
Type    Gender    Name    Current Title    Director
Position held
Since
         
Standing

Director

   Male    Kim, Dong-Cheol    President & Chief Executive Officer    Sep. 19, 2023
         
Standing

Director

   Male    Jun, Young-Sang    Comptroller & Auditor General and Member of the Audit Committee    Mar. 7, 2023
         
Standing

Director

   Male    Oh, Heung-Bok    Corporate Senior Vice President and Chief Financial & Strategic Planning Officer    Feb. 21, 2024
         
Standing

Director

   Male    Ahn, Jung-Eun    Corporate Senior Vice President and Chief Business Management Officer    Jan. 6, 2025
         
Standing

Director

   Male    Jung, Chi-Kyo    Corporate Senior Vice President and Chief Safety Officer & Chief Operation Officer    May. 28, 2025
         
Standing

Director

   Male    Kim, Jae-Koon    Corporate Senior Vice President and Chief Power System Officer    Newly Elected
         
Non-standing

Director

   Male    Han, Jin-Hyun    Non-Executive Director and Chairperson of the Board of Directors    Aug. 30, 2023
         
Non-standing

Director

   Male    Kim, Jong-Woon    Non-Executive Director    Aug. 22, 2022
         
Non-standing

Director

   Male    Kim, Jun-Ki    Non-Executive Director    May 2, 2023
         
Non-standing

Director

   Female    Kim, Sung-Eun    Non-Executive Director    Nov. 8, 2023
         
Non-standing

Director

   Male    Cho, Seong-Jin    Non-Executive Director    Dec. 4, 2023
         
Non-standing

Director

   Male    Kang, Hoon    Non-Executive Director    May. 1, 2024
         
Non-standing

Director

   Male    Lee, Heung-Ryul    Non-Executive Director    May. 7, 2025

FAQ

What is KEPCO (KEP) asking shareholders to vote on at the 2026 EGM?

KEPCO is asking shareholders to vote on the election of Kim, Jae-koon as a Standing Director. This single agenda item focuses on adding him to the board, reflecting his operational experience and power grid expertise within KEPCO’s leadership structure.

Who is eligible to vote at KEPCO (KEP)’s extraordinary general meeting?

Shareholders registered in KEPCO’s shareholder registry on March 13, 2026 are entitled to exercise voting rights at the extraordinary general meeting. This record date determines which shareholders can participate in approving the Standing Director nomination.

What experience does KEPCO (KEP) nominee Kim, Jae-koon bring as a potential Standing Director?

Kim, Jae-koon is portrayed as an expert in power grid construction and operations, having held multiple vice president roles at KEPCO. He led HVDC installation standard setting, advanced cable operation technologies, and major infrastructure projects supporting stable power supply to key industrial regions.

What role will Kim, Jae-koon hold at KEPCO (KEP) if elected?

If elected, Kim, Jae-koon will serve as Corporate Senior Vice President and Chief Power System Officer and a Standing Director. The filing notes his experience is expected to support timely power grid construction and stable energy supply during the ongoing energy transition.

How will KEPCO (KEP)’s board be composed if the nominee is elected?

After election, KEPCO’s board will include six Standing Directors, including the President & CEO and senior vice presidents overseeing finance, business management, safety, operations, and power systems, along with seven Non-standing Directors, including a non-executive chairperson of the board.