Woori Financial Group Inc.

07/23/2021 | Press release | Distributed by Public on 07/23/2021 04:28

Resolution Regarding Woori Financial Group's Interim Dividend Payment (Form 6-K)

Resolution Regarding Woori Financial Group's Interim Dividend Payment

On July 23, 2021, the board of directors of Woori Financial Group Inc. ('Woori Financial Group') passed a resolution recommending a cash dividend of KRW 150 per common share. The record date is July 30, 2021.

Key Details

1)

Dividend per common share (KRW) : 150

2)

Total dividend amount (KRW) : 108,340,152,150

3)

Record Date : July 30, 2021

The total number of shares subject to dividend payment is 722,267,681 shares.

In accordance with the Korean Commercial Code, the dividend is expected to be disbursed within one month from the date of the resolution by the board of directors of Woori Financial Group

Korean regulations require the disclosure of the market price dividend rate, which is calculated by using the average market price of the common shares during the one week before the date that is two business days prior to the record date. As such average market price is not available as of the date of this filing, Woori Financial Group will disclose the market price dividend rate when it is confirmed at a later date.