Chairman Lim Jongryong of Woori Financial Holdings: "Let's Showcase Our Strength Through AI Transformation"

Second Half Group Management Strategy Workshop

Lim Jongryong, Chairman of Woori Financial Holdings, emphasized the importance of a company-wide strategy for AI transformation (AX).

On the 18th, Woori Financial Holdings held the "2025 Second Half Group Management Strategy Workshop" at its headquarters in Hoehyeon, Seoul. At the event, the company shared its group synergy plan following the completion of the comprehensive financial group system, as well as the strategic direction for the second half of the year based on company-wide AI transformation (AX) initiatives. This was the first group management strategy event since the inclusion of Dongyang Life Insurance and ABL Life Insurance, and was attended by approximately 400 executives and employees from all affiliates, including banking, insurance, card, and securities businesses.

The event included a special lecture on artificial intelligence (AI), an awards ceremony for outstanding employees in the first half of the year, the announcement of key group agendas for the second half, and a CEO message. Notably, this workshop marked the declaration of the first year of AX for Woori Financial Holdings, featuring a special AI lecture by Professor Lee Jaejin of Seoul National University, the announcement of the holding company's AX strategy, and the introduction of key practitioners.

During the AI special lecture, Professor Lee stressed the need to proactively introduce an AX system in response to the advent of the AI era, emphasizing the importance of nurturing talent and securing high-quality training data. Ok Iljin, Head of Digital Innovation at Woori Financial Holdings, also took the stage to share the current status and strategic direction of AX, diagnosing the group's AX position and detailing the implementation plans.

In his CEO message, Chairman Lim stated, "Now that we have completed the comprehensive financial group system by including securities and insurance companies, this is the golden time for Woori Financial Holdings to demonstrate real synergy." He added, "Each subsidiary must strengthen its core business capabilities, while also creating synergy through organic collaboration." He further emphasized, "Let us accelerate company-wide AX implementation and showcase the true strength of a leading financial group."

At the Woori Financial Group's "2025 Second Half Group Management Strategy Workshop" held on the 18th, Chairman Lim Jongryong announced the group synergy plan following the completion of the comprehensive financial group system and the company-wide AI transformation (AX) promotion strategy. Woori Financial Holdings

Midway through the event, Chairman Lim personally introduced 25 AX practitioners from the group companies and listened to their opinions on the front lines of AX implementation. He stated, "AI is no longer just a simple tool, but a partner we work with," and stressed, "Those who truly understand and know how to utilize AI will be the core talent of the future." He also pledged, "The group will actively support the development of AX talent."

Finally, Chairman Lim said, "Last year, we established a new corporate culture framework through full privatization, and this year, we have successfully completed the comprehensive financial group system." He urged, "In the second half of the year, let us achieve three key tasks: AX implementation, internal control innovation, and realization of group synergy, and take a leap forward as a leading financial group."

Meanwhile, on the same day, Woori Financial Holdings decided to donate 2 billion won to the National Disaster Relief Association through the Community Chest of Korea to support the swift recovery and rehabilitation of local residents, small business owners, and SMEs affected by nationwide heavy rains. Woori Bank will provide 200 billion won in operating and facility loans to small business owners and SMEs affected by the heavy rains, with up to a 1.5% interest rate reduction. Woori Card, Woori Financial Capital, and Woori Savings Bank also joined the group-wide financial support efforts, offering measures such as repayment deferments and preferential loan rates.