Yang Jong-hee, KB Financial Group Chairman, "We Will Faithfully Implement Shareholder Returns in Line with the Value-Up Paradigm"

KB Financial Group Holds '2024 Shareholders Meeting'

KB Financial Group announced on the 14th that it held its annual shareholder meeting at the new building of KB Kookmin Bank, inviting major domestic and international shareholders.

The shareholder meeting has been a representative IR event of KB Financial since 2015, where shareholders, the board of directors, and management gather in one place to discuss key management issues and share the group's mid- to long-term vision.

This year's shareholder meeting was attended by about 30 domestic and international institutional investors, along with KB Financial Group's outside directors including Chairman Kwon Sun-joo of the board, Chairman Yang Jong-hee, CEOs of major affiliates, and key executives of KB Financial Group, engaging in in-depth discussions.

Over the past decade, KB Financial has listened to shareholders' opinions on major issues such as mid- to long-term management strategies, governance improvements, and shareholder return policies through shareholder meetings and reflected them in management. At this meeting, shareholders' attention was focused on the corporate value enhancement plan and its implementation measures announced last October.

Chairman Yang Jong-hee stated, "The completion of the corporate value enhancement plan depends on execution capability," adding, "KB Financial is establishing a management system that pursues qualitative growth in line with the new value-up paradigm, and we will faithfully implement the shareholder return policy announced this time to build trust with our shareholders."

Chairman of the Board Kwon Sun-joo also said, "We will adhere to shareholder-centered management principles and do our best to meet the expectations and support of our shareholders."

A KB Financial official said, "The tradition of direct communication among shareholders, the board, and management through shareholder meetings has become the strength that enables KB Financial to lead value-up today," and added, "KB Financial plans to continue providing various communication opportunities in line with the value-up paradigm."