DGB Financial to Receive Outside Director Candidate Recommendations from Shareholders

Deadline on the 29th of this month
One recommendation per person allowed

DGB Financial Group announced on the 20th that it will accept recommendations for outside director preliminary candidates from shareholders with voting rights until the 29th.

Since introducing the outside director shareholder recommendation system in 2018 to secure excellent outside director candidates and enhance shareholder value, DGB Financial has been receiving recommendations for outside director preliminary candidates from shareholders every year.

Shareholders who hold at least one voting share as of the last business day before the announcement date (the 15th) can recommend one preliminary candidate per person.

Preliminary candidates must have expertise in finance, economics, management, accounting and finance, law, IT and digital, human resources (HR), risk management, ESG (environment, social, and governance), or financial consumer protection, and must not fall under any disqualification criteria stipulated by the Act on the Corporate Governance of Financial Companies.

Recommended preliminary candidates will be selected and managed as part of the integrated pool of outside director candidates for DGB Financial through internal procedures including evaluation by an external recruitment advisory committee in February next year, and are expected to be appointed as new outside directors at the end of March of that year through the general meetings of shareholders of each affiliate.