[6-K] Woori Financial Group Inc. American Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Central Plains Bancshares, Inc. (CPBI) will hold its 2025 Annual Meeting on 26 Aug 2025 in Grand Island, NE. Shareholders of record on 11 Jul 2025 may vote.

The agenda is limited to: (1) electing directors William D. Oltean and Tamara L. Slater for three-year terms and (2) ratifying Plante & Moran, PLLC as auditor for FY 2026. The Board recommends voting “FOR” both items.

Shares outstanding: 4,222,978. >5% holders: ESOP/401(k) trust and Stilwell Activist Fund, each at ~8.6%. Directors & officers as a group also own 8.6%.

Governance highlights: 6 of 7 directors are independent; two audit-committee financial experts; clearly defined board committees and annual performance reviews. No Section 16 filing issues or material related-party transactions disclosed.

Compensation: FY 2025 equity grants lifted total pay—Chairman Kunzman $1.06 m, EVP/CLO Haecker $727k, EVP/COO Harris $675k. Each non-employee director received ~$230k in stock/option value plus $19-21k cash fees.

Audit fees dropped to $185k (vs. $446k FY 2024) as prior-year costs included offering-related work. No other audit-related, tax or consulting fees were paid.

Positive

• Majority-independent board with two audit-committee financial experts, supporting strong oversight.
• Audit fees fell 59% YoY to $185k as offering-related costs rolled off.

Negative

• Executive compensation spiked—Chairman Kunzman earned $1.06 m after new equity awards.
• Concentrated ownership: ESOP trust and Stilwell Activist Fund each hold 8.6%, potentially influencing governance.

Insights

Corporate Governance Analyst

TL;DR: Routine proxy; solid independence, higher exec pay, no controversial items.

The filing is primarily procedural. Board structure meets Nasdaq standards with only one non-independent director and two audit-committee financial experts, reducing governance risk. Concentrated ownership in the ESOP and an activist hedge fund is notable but not alarming at sub-10% levels. Compensation surged after the 2024 Equity Incentive Plan grants; investors may monitor alignment between future performance and sizable equity awards. Overall impact on valuation is neutral; proposals are unlikely to face opposition.

Portfolio Manager

TL;DR: No market-moving items; watch dilution and activist stake.

The DEF 14A contains no capital allocation or strategy changes. The equity grants use existing plan shares, so dilution risk is already baked in. Audit-fee reduction removes a prior nonrecurring expense, modestly improving cost optics. Stilwell’s 8.6% position signals ongoing activist interest; however, without a proxy contest it merely adds background pressure. From a portfolio perspective, the meeting is a formality and does not alter the investment thesis.

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 July 2025

Commission File Number: 001-31811

Woori Financial Group Inc.

(Translation of registrant’s name into English)

51, Sogong-ro, Jung-gu, Seoul, 04632, Korea

(Address of principal executive office)

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 ☐

Woori Financial Group’s Preliminary Financial Performance Figures

for the Second Quarter of 2025

The preliminary financial performance figures for Woori Financial Group for the quarter ended June 30, 2025, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item				2Q 2025				1Q 2025				% Change Increase				2Q 2024				% Change Increase (Decrease)
Revenue*		Specified Quarter			13,570,261				9,658,528				40.50				10,886,417				24.65
		Cumulative Basis			23,228,789				9,658,528				–				23,737,712				(2.14	)
Operating Income		Specified Quarter			1,107,250				869,263				27.38				1,253,320				(11.65	)
		Cumulative Basis			1,976,513				869,263				–				2,404,009				(17.78	)
Income before		Specified Quarter			1,185,370				864,595				37.10				1,246,902				(4.93	)
Income Tax Expense		Cumulative Basis			2,049,965				864,595				–				2,390,859				(14.26	)
Net Income		Specified Quarter			938,987				654,556				43.45				961,509				(2.34	)
		Cumulative Basis			1,593,543				654,556				–				1,800,420				(11.49	)
Profit to the Equity Holders of the Parent Entity		Specified Quarter			934,649				616,691				51.56				931,495				0.34
		Cumulative Basis			1,551,340				616,691				–				1,755,496				(11.63	)

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

Woori Bank’s Preliminary Financial Performance Figures

for the Second Quarter of 2025

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the quarter ended June 30, 2025, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item				2Q 2025				1Q 2025				% Change Increase				2Q 2024				% Change Increase (Decrease)
Revenue*		Specified Quarter			12,254,598				8,462,289				44.81				9,647,464				27.02
		Cumulative Basis			20,716,887				8,462,289				–				21,367,085				(3.04	)
Operating Income		Specified Quarter			1,100,838				815,058				35.06				1,157,726				(4.91	)
		Cumulative Basis			1,915,896				815,058				–				2,234,570				(14.26	)
Income before		Specified Quarter			1,131,078				818,181				38.24				1,143,132				(1.05	)
Income Tax Expense		Cumulative Basis			1,949,259				818,181				–				2,210,739				(11.83	)
Net Income		Specified Quarter			916,189				635,218				44.23				886,828				3.31
		Cumulative Basis			1,551,407				635,218				–				1,678,817				(7.59	)
Profit to the Equity Holders of the Parent Entity		Specified Quarter			923,144				634,112				45.58				884,040				4.42
		Cumulative Basis			1,557,256				634,112				–				1,673,512				(6.95	)

The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

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.

				Woori Financial Group Inc.
				(Registrant)
Date: July 25, 2025				By:		/s/ Sung-Wook Lee
				(Signature)
				Name:		Sung-Wook Lee
				Title:		Deputy President