DGB Financial "Accepting Nominations for Outside Director Candidates from Shareholders"

Deadline December 28

[Asia Economy Reporter Park Sun-mi] DGB Financial Group announced on the 15th that it is receiving nominations for outside director preliminary candidates from shareholders with voting rights at the general meeting of shareholders in order to diversify the pool of outside director candidates and enhance shareholder rights.

Shareholders holding shares with voting rights as of the day before the announcement date (December 11, 2020) can recommend one outside director preliminary candidate per person. The nomination deadline is until the 28th.

The qualifications for outside director preliminary candidates include expertise in finance, economics, management, accounting and finance, law, IT and digital, HR, and risk fields, and they must not fall under any disqualification criteria under the Financial Company Governance Act.

Applications can be submitted in writing by referring to the announcement on the DGB Financial Holding website, and among the nominated preliminary candidates, those selected and managed as the integrated pool of outside director candidates for DGB Financial Group will be chosen through evaluations by an external personnel advisory committee and resolutions by the outside director candidate recommendation committee.

Among the selected integrated pool of outside director candidates, the holding company and affiliates’ chairman candidate recommendation committees (executive candidate recommendation committees) will recommend the final outside director candidates, who will ultimately be appointed as outside directors around the end of March 2021 through resolutions at the respective companies’ general meetings of shareholders.

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