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WOORI FINANCIAL GROUP INC. (WF)

NYSE · Finance, Insurance & Real Estate · Commercial Banks, NEC

Research deepening · 3/4 core data layers currently established

What WOORI FINANCIAL GROUP INC. does

For certain of the information required by subpart 1400 of Regulation S-K not included in this Item 4, see “Item 8.A. Consolidated Statements and Other Financial Information.” Item 4.A. History and Development of the Company Overview We are a financial holding company that was newly established on January 11, 2019 pursuant to a “comprehensive stock transfer” under Korean law, whereby holders of the common stock of Woori Bank and 35 Table of Contents certain of its subsidiaries transferred all of their shares to us and in return received shares of our common stock.

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