Woori Financial Group Inc. announced that it has appointed Jong-Yong Yim as the new chairman. Name of the previous chairman is Tae-Seung Son. Major Career Experience: Affiliated Professor, Department of Economics, Seoul National University, Advisor, Yulchon LLC, Special Professor, Yonsei University Graduate School of Economics, Chairman, Financial Services Commission and CEO, NongHyup Financial Group.

Effective Date: March 24, 2023.