JB Financial Group (175330) Investor presentation summary

Strategic vision and group profile

• Aims to be a 'Young and Strong Hidden Champion Financial Group' with robust, qualitative growth and consistent shareholder-friendly policies.

• Focuses on maximizing group synergy, securing future growth engines, and fostering a dynamic corporate culture.

• Operates with KRW 66.7 trillion in assets, KRW 5.7 trillion in equity, and 3,681 employees across multiple subsidiaries.

• Major shareholders include Samyang Corp. (14.75%), Align Partners (14.18%), and OK Savings Bank (10.49%).

Board composition and governance

• Board consists of 11 directors, 9 of whom are independent, with 2 female independent directors.

• Independent directors chair the board, and the re-appointment cycle is every 2 years.

• Board committees include Audit, Risk Management, Remuneration, and ESG.

• Governance improvements include external assessments, enhanced training, and ongoing candidate evaluation.

Growth story and M&A track record

• Achieved significant asset growth through acquisitions of JB Woori Capital, JB Asset Management, Kwangju Bank, and others.

• ROE of acquired entities surpassed that of the acquirer, demonstrating successful integration.

• Pursues partnerships with big tech and fintech firms for business diversification and new growth engines.