KB Financial Group Sets March 22 Shareholder Meeting

TL;DR

KB Financial Group holding shareholder meeting March 22 to approve 2023 financials.

AI Summary

KB Financial Group Inc. announced on March 6, 2024, that it is convening its annual general meeting of shareholders for fiscal year 2023. The meeting is scheduled for March 22, 2024, and shareholders are being provided with the agenda to exercise their voting rights. The primary item on the agenda is the approval of financial statements.

Why It Matters

This meeting is crucial for shareholders to approve financial results and influence corporate decisions for KB Financial Group.

Risk Assessment

Risk Level: low — This filing is a routine notice of a shareholder meeting and does not contain new financial or operational information that would typically pose a risk.

Key Players & Entities

• KB Financial Group Inc. (company) — Filer of the report and subject of the shareholder meeting.
• March 6, 2024 (date) — Date the public notice was furnished.
• March 22, 2024 (date) — Date of the annual general meeting of shareholders.

FAQ

Filing Documents

• d803560d6k.htm (6-K) — 606KB
• 0001193125-24-059970.txt ( ) — 607KB

From the Filing

Form 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2024 Commission File Number: 000-53445 KB Financial Group Inc. (Translation of registrants name into English) 26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-FForm 40-F On March 6, 2024, KB Financial Group Inc. (KB Financial Group or the Group) furnished a public notice regarding the convocation of its annual general meeting of shareholders for fiscal year 2023. The agenda for the annual general meeting of shareholders to be held on March 22, 2024 is currently being distributed to shareholders of KB Financial Group for their reference as they exercise their voting rights. Agenda : 1) Approval of financial statements and the proposed dividend payment for fiscal year 2023 2) Appointment of directors (one non-standing director and three non-executive directors) 2-1) Non-Standing Director Candidate: Jae Keun Lee 2-2) Non-Executive Director Candidate: Gyutaeg Oh 2-3) Non-Executive Director Candidate: Jaehong Choi 2-4) Non-Executive Director Candidate: Myong-Hwal Lee 3) Appointment of a non-executive director, who will serve as a member of the Audit Committee Non-Executive Director Candidate: Seon-joo Kwon 4) Appointment of members of the Audit Committee, who are non-executive directors 4-1) Audit Committee Member Candidate: Whajoon Cho 4-2) Audit Committee Member Candidate: Gyutaeg Oh 4-3) Audit Committee Member Candidate: Sung-Yong Kim 5) Approval of the aggregate remuneration limit for directors Agenda for Annual General Meeting of Shareholders for Fiscal Year 2023 Agendum 1. Approval of Financial Statements and the Proposed Dividend Payment for Fiscal Year 2023 Please find the following Exhibits attached to this document: Exhibit Index 99.1 Separate Financial Statements for Fiscal Year 2023 99.2 Consolidated Financial Statements for Fiscal Year 2023 KB Financial Groups separate and consolidated financial statements, including the Independent Auditors Reports and the notes to the financial For the proposed dividend payment amount for fiscal year 2023, please refer to the Separate Statements of Appropriation of Retained Earnings of the Separate Financial Statements for Fiscal Year 2023 included in Exhibit 99.1 attached hereto. Agendum 2. Appointment of directors (one non-standing director and three non-executive directors) Agendum Name Date of Birth Nominator BoD Meeting Attendance Rate for FY2023 Term of Office 2-1)Appointment of Non-Standing Director Jae Keun Lee 05/27/1966 Board of Directors 100% 1 year 2-2)Appointment of Non-Executive Director Gyutaeg Oh 02/20/1959 Non-Executive Director Nominating Committee 100% 1 year 2-3)Appointment of Non-Executive Director Jaehong Choi 08/01/1962 Non-Executive Director Nominating Committee 100% 1 year 2-4)Appointment of Non-Executive Director Myong-Hwal Lee 05/04/1964 Non-Executive Director Nominating Committee N/A 2 years Nominee for Non-Standing Director (1)(2) Name Current Position Career Jae Keun Lee (Re-appointment) (3) President & CEO, Kookmin Bank President & CEO, Kookmin Bank (Jan. 2022~Present) Senior Executive Vice President, Head of the Sales Group, Kookmin Bank (Jan. 2020~Dec. 2021) Senior Managing Director, Head of the Strategy & Finance Planning Group, Kookmin Bank (Jan. 2019~Dec. 2019) Managing Director, Head of the Strategy & Finance Planning Group, Kookmin Bank (Jan. 2018~Dec. 2018) Managing Director & CFO, KB Financial Group (Jan. 2017~Dec. 2017) General Manager, Financial Planning Department, KB Financial Group (Jan. 2015~Dec. 2016) General Manager, Pangyo Techno Valley Branch, Kookmin Bank (Jul. 2013~Jan. 2015) Chief Secretary, Secretariat, KB Financial Group (Jan. 2013~Jul. 2013) Note: (1) The nominee (i) has not engaged in any transaction with KB Financial Group in the past three years and (ii) does not have any relationship with the largest shareholder of KB Financial Group. (2) The nominee (i) owes no delinquent taxes, (ii) does not belong to the management of an insolvent company and (iii) is not subject to any legal grounds for disqualification. (3) The nominees term of office is scheduled to expire on the date of KB Financial Groups 17 th annual general meeting of shareholders, which is currently expected to be held in March 2025. Nominees for Non-Executive Directors (1)(2)(3) Name Main Position Career Gyutaeg Oh (Re-appointment) Professor, School of Business Administration, Chung-Ang University (Mar. 1995~Feb. 2024) Director, Emerging Infra

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