Woori Financial Group Chairman Lim Jong-ryong Highlights Vision During Japan, Taiwan Trip

Woori Financial Group announced that Chairman Lim Jong-ryong will visit Japan and Taiwan from June 22 to 25 to hold overseas investor relations (IR) meetings for global investors.

The overseas IR aims to directly communicate Woori Financial's medium- to long-term growth strategy, capital policy, and shareholder return direction to global investors, enhancing engagement with the market. Chairman Lim plans to conduct one-on-one meetings with major investment institutions in Japan and Taiwan to share in-depth insights on management strategies and ways to enhance corporate value.

Additionally, Lim intends to emphasize that Woori Financial's capital strength and growth foundation are being steadily reinforced despite ongoing external uncertainties and market volatility. He will highlight that the common equity tier 1 (CET1) capital ratio improved to 13.60% as of the end of the first quarter of this year, enabling the expansion of productive financial supply and support for future growth industries.

Lim will also discuss the establishment of a comprehensive financial group structure through the launch of Woori Investment & Securities and the acquisitions of Dongyang Life and ABL Life, which complement the bank-centered revenue structure. He will present a blueprint for diversifying the group's revenue base through the expansion of non-banking portfolios to enhance stable profit generation in the medium to long term.

He will express a strong commitment to a leading shareholder return policy. Having actively pursued capital policies to enhance shareholder value, including the implementation of tax-exempt dividends as the first among domestic bank holding companies, Lim plans to emphasize that Woori Financial will maintain a steadfast shareholder return stance while considering overall market conditions.

A Woori Financial official stated, "Japan has a high interest in enhancing corporate value and shareholder returns, while Taiwan has abundant liquidity due to the boom in the artificial intelligence (AI) and semiconductor industries. This visit is a strategic move to expand our investor base and discover new investors." The official added, "We will continue to actively pursue management-led IR and strengthen communication with domestic and international investors to enhance market trust."

Meanwhile, Lim has also engaged with overseas investors in Indonesia and Hong Kong last year, continuing his outreach efforts.