DGB Financial Conducts Shareholder Recommendations for Outside Director Preliminary Candidates

[Asia Economy Reporter Minwoo Lee] DGB Financial Group will directly receive nominations for outside director candidates from its shareholders.

DGB Financial Group announced on the 26th that it will accept nominations for outside director candidates from shareholders with voting rights until the 30th.

Since introducing the shareholder nomination system for outside directors in 2018, DGB Financial Group has been receiving candidate nominations from shareholders annually. Shareholders holding at least one voting share as of the last business day before the announcement date can nominate one outside director candidate per person.

The eligibility criteria for candidates require expertise in finance, economics, management, accounting/finance, law, IT/digital, human resources (HR), risk management, ESG (environment, social, governance), or financial consumer protection, and they must not fall under any disqualification clauses stipulated in the "Act on the Corporate Governance of Financial Companies."

Nominated candidates will be selected and managed as part of DGB Financial Group's integrated pool of outside director candidates after undergoing internal procedures, including evaluation by an external selection advisory committee, in February next year.

The holding company and affiliates will recommend final outside director candidates from the integrated pool, and each company plans to appoint them as outside directors at their respective shareholders' meetings by the end of March next year.

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