Jeong Eun-bo Chairman: "Corporate Value-Up Will Become a New Driving Force in the Capital Market"

Korea Exchange Holds 2nd Seminar on Corporate Value-Up Support Measures
"We Will Support Companies with a Long-Term Perspective to Ensure They Receive Their True Value"

"The Value-Up Program will become a new driving force that enables our capital market to be properly evaluated and leads to investment in companies," said Jeong Eun-bo, Chairman of the Korea Exchange, on the 2nd during the opening remarks of the '2nd Seminar on Corporate Value-Up Support Measures.'

Chairman Jeong stated, "In the first quarter of this year, foreign net purchases in the stock market reached 16 trillion won, setting a record high, and interest in our stock market both domestically and internationally has greatly increased since the announcement of the Value-Up Program. The Korea Exchange is doing its utmost to ensure the program is quickly established to meet these expectations," he emphasized.

In March, the Korea Exchange launched a Corporate Value-Up Advisory Group composed of companies, investors, and academic experts, and has been communicating with various market participants including listed companies, institutions, and foreign investors. They are currently preparing the 'Corporate Value Enhancement Plan Guidelines (draft)' which provides useful information to investors without imposing excessive burdens on companies.

Through the Corporate Value Enhancement Plan Guidelines, the Exchange plans to support companies in setting appropriate indicators and goals according to their circumstances and establishing future-oriented value enhancement plans. By providing both financial and non-financial information of companies, investors will be able to make more objective judgments regarding corporate value.

Chairman Jeong said, "Once the guidelines are finalized through today's seminar, companies that are ready will be required to disclose their corporate value enhancement plans. We will also provide various education, consulting, and English translation services so that small and medium-sized listed companies lacking physical and human capital can easily participate in the Value-Up Program." Additionally, they plan to open an integrated Corporate Value-Up page where corporate disclosures and investment indicators can be checked at once, and to steadily promote the development of a Value-Up index composed of companies with excellent corporate value for use by pension funds and others in their investments.

Furthermore, he expressed the intention to support the program with a long-term perspective so that the Value-Up Program becomes a lasting corporate culture rather than a short-term visible achievement. Chairman Jeong stated, "The Value-Up Program is based on the voluntary participation of companies. We ask for collective wisdom to create a turning point where the capital market can be properly recognized for its value and further develop into the Korea Premium."