Woori Financial : Termination of Trust Agreement for Acquisition of Treasury Shares - Form 6-K

Termination of Trust Agreement for Acquisition of Treasury Shares

Woori Financial Group Inc.("Woori Financial Group") announced on October 24, 2023 that the trust agreement it had entered into on April 24, 2023 to acquire treasury shares has been terminated upon the expiration of the term of the agreement on October 24, 2023.

Total Contract Amount		Before Termination		KRW 100,000,000,000
	After Termination		0
Contract Period (Before Termination)		Effective Date		April 24, 2023
	Termination Date		October 24, 2023
Reason for Termination		Expiration of the term of the agreement
Counterparty Subject to Contract Termination		Korea Investment & Securities Co., Ltd.
Expected Date of Termination		October 24, 2023
Method of Return of Properties upon Termination		Return of cash and treasury shares
Number of Treasury Shares Held Prior to Termination		Acquisition from Profits Available for Dividend		Common Shares (percentage)		8,585,799 (1.13%)
	Other Shares		-
	Other Acquisitions		Common Shares (percentage)		53,945 (0.00%)
	Other Shares		-
Date of Resolution by the Board of Directors		-
Other Matters to Consider Before Making an Investment Decision		•  Pursuant to Article 176-2 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act of Korea, no separate resolution of the board of directors is required as the trust agreement is being terminated upon the expiration of the term of the agreement. •  The number of treasury shares acquired upon termination of the trust agreement is 8,585,799, which will be returned to the Woori Financial Group's corporate account and then cancelled. •  The total number of treasury shares held by Woori Financial Group as of the date of this report prior to the termination of the trust agreement is 8,639,744.