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Woori Financial (NYSE: WF) sets 2026 AGM with key board and pay votes

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

Rhea-AI Filing Summary

Woori Financial Group Inc. is convening its annual general meeting of shareholders on March 23, 2026 for fiscal year 2025. Shareholders will be asked to approve the separate and consolidated financial statements for the year ended December 31, 2025, amendments to the Articles of Incorporation, and the maximum limit on directors’ compensation.

The agenda also includes reappointment of Chairman and CEO Jong Yong Yim as standing director, reappointment of independent director In Sub Yoon, and a new independent director appointment for Jung Hye Ryu. In addition, Yong Geon Jung is nominated as a new independent director who will serve as an audit committee member.

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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 February 2026

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  ☐

 

 
 


Announcement of the Annual General Meeting of Shareholders for Fiscal Year 2025

On February 27, 2026, the Board of Directors of Woori Financial Group Inc. (“Woori Financial Group”) passed a resolution to hold the annual general meeting of shareholders (the “AGM”) on March 23, 2026.

Key Details Relating to the AGM

 

   

Meeting Date and Time: March 23, 2026; 10:00 A.M. (Korea Standard Time)

 

   

Venue: Woori Bank Head Office Building, Synergy Hall, 5th floor, 51, Sogong-ro, Jung-gu, Seoul, Korea (subject to change in the case of extraordinary circumstances)

 

   

Agenda:

1. Approval of separate financial statements (including statements of appropriations of retained earnings) and consolidated financial statements for the fiscal year 2025 (Jan. 1, 2025 – Dec. 31, 2025)

2. Approval of amendments to the Articles of Incorporation

3. Election of directors (1 standing director and 2 independent directors)

- 3-1 Candidate for standing director : Jong Yong YIM

- 3-2 Candidate for independent director : In Sub YOON

- 3-3 Candidate for independent director : Jung Hye RYU

4. Election of independent director who will serve as an audit committee member

- Candidate for independent director who will serve as an audit committee member : Yong Geon JUNG

5. Approval of maximum limit on directors’ compensation


Agenda details

 

 

Appointment of standing director

 

Name

  

Date of Birth

  

Term of Office

  

Appointment

  

Career Background

(including current position)

  

Positions Held at
Other Entities

Jong Yong YIM   

August

1959

   From the end of the 2026 AGM to the end of the 2029 AGM   

Re

Appointment

  

2023-Current

 

2015-2017

 

2013-2015

 

2011-2013

 

2010-2011

 

2009-2010

  

- Chairman and CEO, Woori Financial Group

 

- 5th Chairman, Financial Services Commission

 

- CEO, NongHyup Financial Group

 

- Deputy Minister, Prime Minister’s Office

 

- First Vice Minister, Ministry of Strategy and Finance

 

- Secretary for Economic and Financial Affairs,

 

Office of the Senior Presidential Secretary

 

for Economic Affairs

   -

 

 

Appointment of independent directors

 

Name

  

Date of Birth

  

Term of Office

  

Appointment

  

Career Background

(including current position)

  

Positions Held at
Other Entities

In Sub YOON   

January

1956

   From the end of the 2026 AGM to the end of the 2027 AGM   

Re

Appointment

  

2022-Current

 

2018-2021

 

2010-2017

 

2008-2010

 

2007-2008

  

- Independent director, Woori Financial Group

 

- Chairman of the Board of Directors,

Fubon Hyundai Life Insurance

 

- CEO, Korea Ratings

 

- CEO, Hana HSBC Life Insurance

 

- CEO, Hana Life

   - Independent director, Woori America Bank
Jung Hye RYU   

March

1976

   From the end of the 2026 AGM to the end of the 2028 AGM   

New

Appointment

  

2025-Current

 

 

 

2024-Current

 

 

 

2021-2025

 

 

 

2016-2021

 

2015-2016

 

2013-2015

 

2003-2013

  

- Member, Presidential Council on National Artificial

Intelligence Strategy (Industry AX & Ecosystem

Division)

 

- Co-Chair, AI Future Forum,

 

Citizens’ Coalition for Scientific Society (CCSS)

 

- Vice President, Head of Future Strategy,

 

Kakao Entertainment

 

- CMO, Kakao Page

 

- Marketing Director, TOSS LAB

 

- Marketing Insights, NHN Entertainment

 

- Lead, Marketing & Market/User Insights, NAVER

   -


Yong Geon JUNG   

January

1964

   From the end of the 2026 AGM to the end of the 2028 AGM   

New

Appointment

  

2022-Current

 

 

 

2021-Current

 

 

 

2020-2021

 

2018

 

 

 

 

 

2009-2012

 

 

 

1990-2017

  

- Managing Director and Compliance Officer,

 

K-Car Capital

 

- Non-executive Director,

 

National Pension Philanthropic Foundation

 

- Executive Director, Financial Watchdog Center

 

- Member, Special Committee on National Pension

 

Reform and Old Age Income Security

 

(Economic, Social&Labor Council)

 

- Member,

 

National Pension Fund Investment Committee

 

- Shinhan Securities Co., Ltd.

  

- Managing Director and Compliance Officer, K-Car Capital

(Expected to resign before the AGM)

                 

 

 

Appointment of independent director who will serve as an audit committee member

 

Name

  

Date of Birth

  

Term of Office

  

Appointment

  

Career Background

(including current position)

  

Positions Held at
Other Entities

Yong Geon JUNG   

January

1964

   From the end of the 2026 AGM to the end of the 2028 AGM   

New

Appointment

  

2022-Current

 

 

 

2021-Current

 

 

 

2020-2021

 

2018

 

 

 

 

 

2009-2012

 

 

 

1990-2017

  

- Managing Director and Compliance Officer,

 

K-Car Capital

 

- Non-executive Director,

 

National Pension Philanthropic Foundation

 

- Executive Director, Financial Watchdog Center

 

- Member, Special Committee on National Pension

 

Reform and Old Age Income Security

 

(Economic, Social&Labor Council)

 

- Member,

 

National Pension Fund Investment Committee

 

- Shinhan Securities Co., Ltd.

  

- Managing Director and Compliance Officer, K-Car Capital

(Expected to resign before the AGM)


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: February 27, 2026    

By: /s/ Seong Min Kwak

    (Signature)
    Name:   Seong Min Kwak
    Title:   Deputy President

FAQ

What is Woori Financial Group (WF) asking shareholders to approve at the 2026 AGM?

Shareholders will vote on approving 2025 separate and consolidated financial statements, amendments to the Articles of Incorporation, election and reappointment of several directors, and the maximum limit on directors’ compensation, consolidating key governance and financial approvals in a single annual meeting.

When is Woori Financial Group (WF) holding its 2026 annual general meeting?

The annual general meeting is scheduled for March 23, 2026. It covers fiscal year 2025, running from January 1, 2025 to December 31, 2025, and will address financial statement approval, director elections, compensation limits, and amendments to the Articles of Incorporation.

Which directors are up for election or reappointment at Woori Financial Group (WF)?

Jong Yong Yim is nominated for reappointment as standing director, In Sub Yoon for reappointment as independent director, and Jung Hye Ryu for a new independent director role, while Yong Geon Jung is nominated as a new independent director serving on the audit committee.

What are the proposed board terms for Woori Financial Group (WF) director candidates?

Jong Yong Yim’s proposed term runs from the end of the 2026 AGM to the end of the 2029 AGM. In Sub Yoon’s term runs to the end of the 2027 AGM, while Jung Hye Ryu and Yong Geon Jung would each serve until the end of the 2028 AGM.

What governance change is proposed for the audit committee at Woori Financial Group (WF)?

The company proposes electing Yong Geon Jung as an independent director who will also serve as an audit committee member. His background includes compliance and financial oversight roles, and he is expected to resign from his current managing director role at K-Car Capital before the AGM.

Does Woori Financial Group (WF) plan any changes to directors’ compensation at the 2026 AGM?

Shareholders will vote on approving a maximum limit on directors’ compensation. The filing outlines this as a separate agenda item, allowing shareholders to set an overall cap on board pay, although specific compensation figures are not detailed in the provided content.
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