WF 0001193125-26-351111 6-K Filing: Aug 14, 2026

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 August 2026

Commission File Number: 001-31811

Woori Financial Group Inc.

(Translation of registrant’s name into English)

51, Sogong-ro, Jung-gu, Seoul, 04632, 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-F ☒ Form 40-F ☐

	Index
1.	Summary of 2026 1H Business Report
2.	Exhibit 99.1 Woori Financial Group Review Report for 2026 1H (Consolidated)
3.	Exhibit 99.2 Woori Financial Group Review Report for 2026 1H (Separate)

Summary of 2026 First Half Business Report

Table of Contents

I.	INTRODUCTION OF THE COMPANY	2
1.	Overview of the Company	2
2.	Capital Structure (Changes in Capital)	8
3.	Total Number of Authorized Shares	10
II.	BUSINESS OVERVIEW	11
1.	Results of Operations	11
2.	Funding Sources and Uses of Funds	11
3.	Other Information Necessary for Making Investment Decisions	12
III.	FINANCIAL INFORMATION	17
1.	Condensed Financial Statements (Consolidated)	17
2.	Condensed Financial Statements (Separate)	19
3.	Dividend Information	21
IV.	INDEPENDENT AUDITOR’S OPINION	23
1.	Independent Auditor’s Opinion	23
2.	Compensation to the Independent Auditor	23
V.	CORPORATE GOVERNANCE	25
1.	About the Board of Directors	25
2.	Shareholder’s Meeting	27
VI.	SHAREHOLDER INFORMATION	30
1.	Share Distribution	30
2.	Stock Price and Stock Market Performance	31
VII.	DIRECTORS AND EMPLOYEE INFORMATION	32
1.	Directors and Executives	32
2.	Employee Status	33
3.	Directors’ Compensation	33
4.	Stock-based Compensation	34
VIII.	INTERNAL CONTROLS	35
1.	Management’s Assessment of the Effectiveness of the Internal Accounting Management System	35
2.	Audit Committee’s Assessment of the Effectiveness of the Internal Accounting Management System	35
3.	External Auditor’s Audit Opinion (Review Report) on the Effectiveness of the Internal Accounting Management System	35

Except where indicated otherwise, financial information contained in this document (including the attached financial statements) has been prepared in accordance with the Korean equivalent of International Financial Reporting Standards (“Korean IFRS”), which differ in certain important respects from generally accepted accounting principles in the United States.

All references to “Woori Financial Group,” “we,” “us” or the “Company” are to Woori Financial Group Inc. and, unless the context requires otherwise, its subsidiaries. In addition, all references to “Won” or “KRW” in this document are to the currency of the Republic of Korea.

I.	Introduction of the Company
1.	Overview of the Company
:---	:---
a.	History (Recent 5 years)
:---	:---
January 7, 2022		Officially launched the NPL investment company Woori Financial F&I Inc.
---	---	---
January 13, 2022		Joined the global environment initiative Taskforce on Nature-related Financial Disclosures (TNFD)
February 4, 2022		Recognized as an ‘Industry Mover’ in a sustainability assessment by S&P Global for 2022
February 10, 2022		Disposal by the Korea Deposit Insurance Corporation of a 2.2% stake in the Company (reducing the KDIC’s stake in the Company from 5.8% to 3.6%)
May 11, 2022		Became the first company in the world to join the launch of the ‘Business for Land (B4L) Initiative’ for the protection of sustainable forests and the recovery of land degradation
May 18, 2022		Disposal by the Korea Deposit Insurance Corporation of a 2.3% stake in the Company (reducing the KDIC’s stake in the Company from 3.6% to 1.3%)
June 19, 2022		Held the inaugural meeting of Woori Financial Future Foundation
August 22, 2022		Joined the ‘Partnership for Biodiversity Accounting Financials(PBAF)’ as the first Asian company
November 7, 2022		Held the global conference ‘Sustainable Finance for a Better World’
December 14, 2022		Signatory of Statement from the Financial Sector at the Conference of the Parties to the ‘UN Convention on Biological Diversity(UN CBD)’
December 29, 2022		Received ‘AA’ rating from MSCI ESG Research for 2 consecutive years
January 16, 2023		Completed the establishment of the ‘WON Synergy’ system to create effective synergy within group companies
January 26, 2023		Became the first financial company in Korea to join the ‘Finance Leadership Group on Plastics’ hosted by ‘UN Environment Programme Finance Initiative (UNEP FI)’

February 27, 2023		Entered into a stock purchase agreement to acquire Daol Investment (52% ownership)
March 23, 2023		Daol Investment, re-named Woori Venture Partners, incorporated as a subsidiary into Woori Financial Holdings
March 24, 2023		Jong-Yong Yim appointed as the 9th chairman of the Company (4th annual general meeting of shareholders of the Company)
April 21, 2023		Resolved to repurchase and cancel treasury shares, a first-time since the transition to a holding company
June 1, 2023		Entered into a comprehensive stock exchange agreement with Woori Investment Bank and Woori Venture Partners
August 8, 2023		Woori Investment Bank and Woori Venture Partners to each become a wholly-owned subsidiary of the Company
August 24, 2023		Group Carbon Emission Reduction Target validated by SBTi (Science Based Targets initiative)
October 5, 2023		Entered into a memorandum of understanding with the Korea Deposit Insurance Corporation to purchase its remaining stake in the Company (1.2%)
December 22, 2023		A capital increase of KRW 500 billion conducted by Woori Investment Bank (to enhance competitiveness)
December 26, 2023		Obtained an ‘AAA’ rating from MSCI ESG assessment
March 13, 2024		Resolved to acquire and cancel the remaining shares owned by the Korea Deposit Insurance Corporation
August 1, 2024		Established Woori Investment Securities Co., Ltd. as a new direct subsidiary
August 28, 2024		Entered into share purchase agreements to acquire Tongyang Life Insurance and ABL Life Insurance
September 24, 2024		Included in the ‘KRX Korea Value-up Index’
November 28, 2024		Launched the new universal banking mobile application NEW ‘Woori WON<br>Banking’
December 17, 2024		Included in the Dow Jones Sustainability Indexes (DJSI) World Index

March 26, 2025		Established the Ethics and Internal Controls Committee under the Board of Directors
July 1, 2025		Incorporated Tongyang Life Insurance and ABL Life Insurance as subsidiaries of the Company
July 31, 2025		Integrated Woori Asset Trust Co., Ltd. as a wholly-owned subsidiary of the Company
October 13, 2025		Held the ‘Woori Financial Together Festa’ customer appreciation festival, which was the first integrated promotion in the financial industry
December 18, 2025		Received the Minister of Science and ICT Award in the excellence in adoption category at the ‘2025 Cloud Industry Awards’
January 26, 2026		Launched the first integrated bank and securities wealth management branch
March 13, 2026		Integrated Woori Investment Securities Co., Ltd. as a wholly-owned subsidiary of the Company
May 4, 2026		A capital increase of KRW 1 trillion conducted by Woori Investment Securities (to enhance competitiveness)
August 11, 2026		Integrated TONGYANG Life Insurance Co., Ltd. (“Tongyang Life Insurance”) as a wholly-owned subsidiary of the Company

b.	Affiliated Companies
(1)	Overview of Business Group
:---	:---
1.	Name of business group: Woori Financial Group Inc.
:---	:---
(2)	Affiliated companies within the business group
:---	:---

As of June 30, 2026

Type		Name of Company
Listed company<br><br>(4 companies)		Woori Financial Group
		Tongyang Life Insurance
		PT Bank Woori Saudara Indonesia 1906 Tbk
		PT Woori Finance Indonesia Tbk
Unlisted company<br><br>(40<br>companies)		Woori Bank
		Woori Card
		Woori Financial Capital
		Woori Investment Securities
		ABL Life Insurance
		Woori Asset Trust
		Woori Savings Bank
		Woori Asset Management
		Woori Venture Partners
		Woori Private Equity Asset Management
		Woori Financial F&I Inc.
		Woori Credit Information
		Woori Fund Services
		Woori FIS
		Woori Finance Research Institute
		Korea BTL Infrastructure Fund
		Woori America Bank
		Woori Bank China Limited
		AO Woori Bank
		Banco Woori Bank do Brazil S.A.
		Woori Global Markets Asia Limited
		Woori Bank Vietnam Limited
		Wealth Development Bank
		Woori Finance Myanmar Co., Ltd.
		Woori Bank (Cambodia) PLC.
		Woori Bank Europe GmbH

Type		Name of Company
		Tongyang Life Insurance Financial Service
		Tutu Finance-WCI Myanmar Co., Ltd.
		ABA Financial Service
		Woori Venture Partners US, Inc.
		Woori Venture-EverBest Corporate Turnaround Private Equity
		Arden Woori Apparel 1st Private Equity Fund
		Woori Dyno 1st Private Equity Fund
		Green ESG Growth No.1 Private Equity Fund
		Woori Corporate Turnaround No.1 Private Equity Fund
		NH Woori Dino Co-Investment No.2 Private Equity Fund
		Woori Eugene Energy Link Private Equity Fund
		Woori NH Co-Growth Private Equity Fund
		Woori Bailey National Growth Private Equity Fund
		WFBS Financial Stability Private Equity Fund No.1
Note 1)	Includes first-tier and second-tier subsidiaries under the Financial Holding Company Act.
:---	:---

LOGO

1)	Including group company shares 24.88%
2)	Including group company shares 32.07%
:---	:---
3)	Including group company shares 35.26%
:---	:---
4)	Including group company shares 7.86%
:---	:---
5)	Including group company shares 20.00%
:---	:---

2.	Capital Structure (Changes in Capital)
	(units: Won, shares)
---	---:
Date		Item		Type
---	---	:---:	---	:---:	---	---	---	---	---	---	---
				Common Shares			Preferred Shares			Others
June 30, 2026		Number of issued shares			728,089,682			—			—
		Par Value			5,000			—			—
		Capital Stock			3,802,676,300,000			—			—
December 31, 2025		Number of issued shares			734,076,320			—			—
		Par Value			5,000			—			—
		Capital Stock			3,802,676,300,000			—			—
December 31, 2024		Number of issued shares			742,591,501			—			—
		Par Value			5,000			—			—
		Capital Stock			3,802,676,300,000			—			—
December 31, 2023		Number of issued shares			751,949,461			—			—
		Par Value			5,000			—			—
		Capital Stock			3,802,676,300,000			—			—
December 31, 2022		Number of issued shares			728,060,549			—			—
		Par Value			5,000			—			—
		Capital Stock			3,640,302,745,000			—			—
Note 1)	Our common shares of 680,164,306 were issued in January 2019 upon our establishment and the number of our<br>common shares increased by 42,103,377 as a result of a comprehensive stock exchange that took place between Woori Financial Group and Woori Card in September 2019.
:---	:---
Note 2)	The number of our common shares increased by 5,792,866 on August 10, 2021, as a result of a comprehensive<br>stock exchange to integrate Woori Financial Capital as a wholly-owned subsidiary.
:---	:---
Note 3)	The number of our common shares increased by 32,474,711 on August 8, 2023, as a result of a comprehensive<br>stock exchange to integrate Woori Investment Bank and Woori Venture Partners as wholly-owned subsidiaries.
:---	:---
Note 4)	On October 30, 2023, the number of our common shares was reduced by 8,585,799 due to the cancellation of<br>our treasury shares acquired through a trust agreement.
:---	:---
Note 5)	On March 22, 2024, the number of our common shares was reduced by 9,357,960 due to the cancellation of all<br>of the treasury shares acquired from the Korea Deposit Insurance Corporation.
:---	:---
Note 6)	On September 19, 2025, the number of our common shares was reduced by 8,515,181 due to the cancellation of<br>our treasury shares acquired through a trust agreement.
:---	:---
Note 7)	On June 18, 2026, the number of our common shares was reduced by 5,986,638 due to the cancellation of our<br>treasury shares acquired through a trust agreement.
:---	:---
Note 8)	As the treasury share cancellations in October 2023, March 2024, September 2025 and June 2026 were conducted<br>within the limits of profits available for dividends, there was no reduction in paid-in capital. Accordingly, our paid-in capital as of December 31, 2023, 2024,<br>2025 and June 30, 2026 did not match the par value of the total number of issued shares.
:---	:---
Note 9)	The number of our common shares increased by 8,696,875 on August 11, 2026 as a result of a comprehensive stock<br>exchange that took place on August 11, 2026 to integrate Tongyang Life Insurance as a wholly-owned subsidiary.
:---	:---

As of June 30, 2026	(units: Won, shares)
Date		Category			Stock Increase (Decrease)
---	---	:---:	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
					Type			Quantity				Par Value			Issue price			Note
January 11, 2019			—			Common			680,164,306				5,000			26,415		Establishment<br><br>(comprehensive stock transfer) Note 1)
September 10, 2019			—			Common			42,103,377				5,000			12,350		Comprehensive stock exchange<br><br>Stock<br>increase ratio: 6.19018% Note 2)
August 10, 2021			—			Common			5,792,866				5,000			11,100		Comprehensive stock exchange<br><br>Stock<br>increase ratio: 0.80204% Note 2)
August 8, 2023			—			Common			32,474,711				5,000			11,520		Comprehensive stock exchange<br><br>Stock<br>increase ratio: 4.46044% Note 2)
October 30, 2023			—			Common			(8,585,799	)			5,000			—		Cancellation of treasury shares Note 3)
March 22, 2024			—			Common			(9,357,960	)			5,000			—		Cancellation of treasury shares Note 4)
September 19, 2025			—			Common			(8,515,181	)			5,000			—		Cancellation of treasury shares Note 5)
June 18, 2026			—			Common			(5,986,638	)			5,000			—		Cancellation of treasury shares Note 6)
Note 1)	Due to Woori Financial Group’s establishment through a comprehensive stock transfer, the issue price was<br>calculated by dividing the total equity from its financial statements at the time of establishment (KRW 17,966,458,911,689) by the total number of issued shares (680,164,306).
:---	:---
Note 2)	Our capital changed in September 2019, August 2021 and August 2023 due to a comprehensive stock exchange. The<br>issue prices were based on the closing stock price on the comprehensive stock exchange date.
:---	:---
Note 3)	On October 30, 2023, we canceled the 8,585,799 common shares we acquired as treasury shares through a<br>trust agreement. This share cancellation falls under the provision of Article 343, Paragraph 1 of the Commercial Code, and as it involves the cancellation of treasury shares acquired within the limits of distributable profits, the paid-in capital remains unchanged despite the decrease in the number of the total issued shares (common shares).
:---	:---
Note 4)	On March 22, 2024, we canceled the 9,357,960 shares we acquired as treasury shares from the Korea Deposit<br>Insurance Corporation. This share cancellation falls under the provision of Article 343, Paragraph 1 of the Commercial Code, and as it involves the cancellation of treasury shares acquired within the limits of distributable profits, the paid-in capital remains unchanged despite the decrease in the number of total issued shares (common shares).
:---	:---
Note 5)	On September 19, 2025, we canceled the 8,515,181 shares we acquired as treasury shares through a trust<br>agreement. This share cancellation falls under the provision of Article 343, Paragraph 1 of the Commercial Code, and as it involves the cancellation of treasury shares acquired within the limits of distributable profits, the paid-in capital remains unchanged despite the decrease in the number of total issued shares (common shares).
:---	:---
Note 6)	On June 18, 2026, we canceled the 5,986,638 shares we acquired as treasury shares through a trust<br>agreement. This share cancellation falls under the provision of Article 343, Paragraph 1 of the Commercial Code, and as it involves the cancellation of treasury shares acquired within the limits of distributable profits, the paid-in capital remains unchanged despite the decrease in the number of total issued shares (common shares).
:---	:---
Note 7)	The number of our common shares increased by 8,696,875 on August 11, 2026 as a result of a comprehensive<br>stock exchange to integrate Tongyang Life Insurance as a wholly-owned subsidiary.
:---	:---

3.	Total Number of Authorized Shares
As of June 30, 2026		(unit: shares)
---	---	---:
Items		Type						Notes
---	---	:---:	---	---	---	---	---	:---:
		Common Shares			Total
Number of authorized shares			4,000,000,000			4,000,000,000		—
Number of issued shares			760,535,260			760,535,260		—
Number of decreased shares			32,445,578			32,445,578		Cancellation of Treasury<br>Shares<br><br>Note 1)
Number of treasury shares			53,945			53,945		Note 2)
Number of outstanding shares			728,035,737			728,035,737		—
Note 1)	Cancellation of treasury shares: 8,585,799 shares (October 2023), 9,357,960 shares (March 2024), 8,515,181<br>shares (September 2025) and 5,986,638 shares (June 2026)
:---	:---
Note 2)	Consists of the 53,945 shares acquired through the issuance of fractional shares (including 2 shares added in<br>2019 from the partial replacement of physical stock certificates, 2,322 new fractional shares added in August 2021 due to the comprehensive stock exchange between Woori Financial Group and Woori Financial Capital, and 51,621 shares added in August<br>2023 from the comprehensive stock exchanges between Woori Financial Group and Woori Investment Bank and between Woori Financial Group and Woori Venture Partners).
:---	:---

II.	Business Overview
1.	Results of Operations
:---	:---

(unit: billions of Won)

Type		2026 1H			2025			2024
Operating income			2,124			3,675			4,255
Net non-operating income (expense)			43			415			(32	)
Income before income tax			2,166			4,090			4,223
Income tax expense (-)			500			863			1,051
Net income			1,666			3,228			3,171
Controlling Interest			1,609			3,124			3,086
Non-controlling Interest			57			103			85
Note 1)	Based on K-IFRS consolidated financial statements.
:---	:---
2.	Funding Sources and Uses of Funds
:---	:---
a.	Sources of Funds
:---	:---
For the periods indicated other than as noted below		(units: millions of Won, %)
---	---	---:
Classification		Funding Source				2026 1H									2025									2024
---	---	:---:	---	---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---
						Average<br>Balance			Interest<br>Rate			Proportion			Average<br>Balance			Interest<br>Rate			Proportion			Average<br>Balance			Interest<br>Rate			Proportion
Source			Deposits				361,366,675			2.20			60.06			358,153,346			2.39			65.89			351,584,810			2.88			69.89
			Borrowings				27,454,681			3.12			4.56			26,198,268			3.32			4.82			28,000,803			4.09			5.57
			Debentures				55,892,557			3.41			9.29			50,418,543			3.62			9.28			43,989,333			4.00			8.74
			Others				117,368,718			—			19.52			72,335,906			—			13.31			44,591,752			—			8.86
			Total Liabilities				562,082,631			—			93.43			507,106,063			—			93.30			468,166,698			—			93.06
Total Equity							39,548,566			—			6.57			36,428,909			—			6.70			34,913,425			—			6.94
Total Liabilities & Equity							601,631,197			—			100.00			543,534,972			—			100.00			503,080,123			—			100.00
Note 1)	Average Balance : the simple average of the balances at the start of the fiscal year and at the end of each<br>quarter.
:---	:---
Note 2)	Based on K-IFRS consolidated financial statements.
:---	:---

b.	Use of Funds
For the periods indicated other than as noted below		(units: millions of Won, %)
---	---	---:
Type		Managed<br>Item		2026 1H									2025									2024
---	---	:---:	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---
				Average<br>Balance			Interest<br>Rate			Proportion			Average<br>Balance			Interest<br>Rate			Proportion			Average<br>Balance			Interest<br>Rate			Proportion
Use		Cash & Due from Banks			24,654,796			2.37			4.10			19,225,891			2.97			3.54			18,441,851			3.38			3.67
		Marketable securities			131,639,191			4.14			21.88			97,528,721			3.34			17.94			76,997,821			3.53			15.31
		Loans			383,654,692			4.26			63.77			369,558,184			4.44			67.99			360,802,414			4.93			71.72
		Loans in local currency			327,698,208			4.01			54.47			318,053,470			4.16			58.52			309,771,603			4.65			61.58
		Loans in foreign currency			37,514,742			5.40			6.24			35,209,643			5.88			6.48			34,224,957			6.58			6.80
		Guarantee payments			24,368			1.11			0.00			11,092			1.44			0.00			11,571			1.96			0.00
		Credit card receivables			14,203,557			7.12			2.36			12,664,469			7.71			2.33			12,224,048			7.33			2.43
		Foreign bills bought			4,213,817			3.88			0.70			3,619,510			4.36			0.66			4,570,235			5.58			0.91
		Bad debt expense (-)			3,349,450			—			0.56			3,423,791			—			0.63			3,198,795			—			0.65
		Others			65,031,968			—			10.81			60,645,967			—			11.16			50,036,832			—			9.95
Total Assets					601,631,197			—			100.00			543,534,972			—			100.00			503,080,123			—			100.00
Note 1)	Average Balance : the simple average of the balances at the start of the fiscal year and at the end of each<br>quarter
:---	:---
Note 2)	Based on K-IFRS consolidated financial statements
:---	:---
3.	Other Information Necessary for Making Investment Decisions
:---	:---
a.	Capital Adequacy Ratios
:---	:---

Group BIS Capital Adequacy Ratios

As of the end of the periods indicated		(units: billions of Won, % )
Type		2026 1H			2025			2024
---	---	:---:	---	---	:---:	---	---	:---:	---
Equity capital (A)			40,515			37,800			36,928
Risk weighted assets (B)			244,275			234,542			235,100
BIS(Capital adequacy) ratio (A/B)			16.59			16.12			15.71
Note 1)	BIS (Bank for International Settlements) Capital Adequacy Ratio = Equity capital / Risk weighted assets * 100
:---	:---
Note 2)	2026 1H figures are preliminary and are subject to change.
:---	:---

※ Based on K-IFRS consolidated financial statements and Basel III standards.

Capital Adequacy Ratios for Significant Subsidiaries and Consolidated Companies

As of the end of the periods indicated		(units: hundreds of millions of Won, %)
Name of Company		Type				2026 1H			2025			2024
---	---	:---:	---	---	---	:---:	---	---	:---:	---	---	:---:	---
Woori Bank Note 2)		BIS capital adequacy ratio<br><br>Note1)		Equity capital (A)			339,873			312,905			304,302
				Risk weighted assets (B)			1,902,541			1,861,435			1,920,087
				Capital adequacy ratio (A/B)			17.86			16.81			15.85
Tongyang Life Insurance Note 3)		Available capital					49,274			40,595			38,753
		Required capital					24,036			22,573			24,918
		K-ICS ratio Note 4)					205.0			179.8			155.5
Woori Card Note 5)		Adjusted capital ratio					16.83			17.26			17.70
		Tangible common equity ratio					11.57			12.06			12.37
Woori Financial Capital Note 5)		Adjusted capital ratio					15.31			15.77			15.09
		Tangible common equity ratio					12.87			13.18			11.83
Woori Investment Securities Note 6)		Net capital ratio					2,344.91			905.56			2,098.64
		Debt-to-asset ratio					122.03			114.53			119.41
ABL Life Insurance Note 3)		Available capital					21,556			20,049			16,701
		Required capital					13,875			11,782			10,868
		K-ICS ratio Note 4)					155.36			170.17			153.68
Woori Asset Trust Note 7)		Operating capital ratio					3,968.14			4,610.35			4,057.29
Woori Savings Bank Note 8)		BIS capital adequacy ratio Note 1)					16.14			16.74			16.37
Woori Asset Management Note 5)		Minimum operating capital ratio					503.70			721.18			739.31
Woori Venture Partners Note 9)		Tangible common equity ratio					88.85			92.63			95.70
Woori Private Equity Asset Management Note 5)		Minimum operating capital ratio					8,296.11			8,128.94			8,161.97
Note 1)	BIS (Bank for International Settlements) capital adequacy ratio = Equity capital / Risk weighted assets * 100
:---	:---
Note 2)	Figures for Woori Bank are based on K-IFRS consolidated financial<br>statements and Basel III standards. 2026 1H figures are preliminary and are subject to change.
:---	:---
Note 3)	2026 1H figures are preliminary, and the final figures will be disclosed on DART through Tongyang Life<br>Insurance and ABL Life Insurance’s 2026 1H reports, respectively.
:---	:---
Note 4)	K-ICS ratio = Available capital / Required capital * 100.
:---	:---
Note 5)	Figures for Woori Card, Woori Financial Capital, Woori Asset Management and Woori Private Equity Asset<br>Management are based on the applicable standards for business reports submitted to the Financial Supervisory Service and their respective K-IFRS separate financial statements.
:---	:---
Note 6)	Figures for Woori Investment Securities are calculated as follows:
:---	:---
-	Net capital ratio: (net operating capital – total risk amount) / required maintenance capital * 100
:---	:---

// based on the applicable standards for business reports submitted to the Financial Supervisory Service.

-	Debt-to-asset ratio: (actual<br>assets) / (actual liability) * 100

// based on K-IFRS separate financial statements.

Note 7)	Woori Asset Trust’s operating capital ratio = (net operating capital – subordinated debt, etc.) /<br>(total risk amount) * 100

// based on K-IFRS separate financial statements.

Note 8)	Figures for Woori Savings Bank are based on K-GAAP.
Note 9)	Figures for Woori Venture Partners are based on K-IFRS consolidated<br>financial statements.
:---	:---

b.	Liquidity Ratios

Won Liquidity Ratios

As of the end of the periods indicated		(units: millions of Won, %)
Type		2026 1H									2025									2024
---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---
		Won<br>Liquidity<br>Assets			Won<br>Liquidity<br>Liabilities			Won<br>Liquidity<br>Ratio			Won<br>Liquidity<br>Assets			Won<br>Liquidity<br>Liabilities			Won<br>Liquidity<br>Ratio			Won<br>Liquidity<br>Assets			Won<br>Liquidity<br>Liabilities			Won<br>Liquidity<br>Ratio
Woori Financial Group Note 1)			394,042			239,608			164.5			34,847			15,292			227.9			353,835			10,905			3,244.7
Woori Card Note 2)			9,645,665			3,403,392			283.4			9,660,954			2,808,447			344.0			8,722,587			2,785,182			313.2
Woori Financial Capital Note 2)			1,670,319			1,112,582			150.1			1,444,834			1,162,263			124.3			1,850,758			1,317,695			140.5
Woori Investment Securities Note 3)			8,539,354			6,341,835			134.7			6,515,056			4,938,840			131.9			4,982,461			2,660,153			187.3
Woori Asset Trust Note 3)			168,323			13,718			1,227.0			153,241			10,214			1,500.3			258,758			9,311			2,779.2
Woori Savings Bank Note 3), Note 4)			489,510			387,596			126.3			410,196			351,853			116.6			344,437			216,143			159.4
Woori Venture Partners Note 2)			171,316			14,110			1,214.2			141,886			10,166			1,395.7			136,198			6,877			1,980.4
Woori Private Equity Asset Management Note 3)			34,215			6,176			554.0			20,452			3,354			609.8			16,011			2,912			549.8
Note 1)	Based on current assets and liabilities within one month of maturity.
:---	:---
Note 2)	Based on current assets and liabilities within 90 days of maturity.
:---	:---
Note 3)	Based on current assets and liabilities within three months of maturity.
:---	:---
Note 4)	Based on K-GAAP.
:---	:---

Insurance Liquidity Ratios

As of the end of the periods indicated		(units: millions of Won, %)
Type		2026 1H									2025									2024
---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---
		Liquidity<br>Assets			Average<br>Insurance<br>Benefits<br>Paid			Liquidity<br>Ratio			Liquidity<br>Assets			Average<br>Insurance<br>Benefits<br>Paid			Liquidity<br>Ratio			Liquidity<br>Assets			Average<br>Insurance<br>Benefits<br>Paid			Liquidity<br>Ratio
Tongyang Life Insurance Note 1)			4,056,338			1,041,460			389.5			3,742,951			842,985			444.0			4,157,512			915,959			453.9
ABL Life Insurance Note 1)			2,183,952			436,504			500.3			2,386,630			423,952			562.9			2,816,208			466,405			603.8
Note 1)	Based on the applicable standards for business reports submitted to the Financial Supervisory Service (within<br>three months of maturity).
:---	:---

Foreign Currency (FC) Liquidity Ratios

As of the end of the periods indicated		(units: millions of Won, %)
Type		2026 1H									2025									2024
---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---
		FC<br>Liquidity<br>Assets			FC<br>Liquidity<br>Liabilities			FC<br>Liquidity<br>Ratio			FC<br>Liquidity<br>Assets			FC<br>Liquidity<br>Liabilities			FC<br>Liquidity<br>Ratio			FC<br>Liquidity<br>Assets			FC<br>Liquidity<br>Liabilities			FC<br>Liquidity<br>Ratio
Woori Investment Securities Note 1)			34,264			11,682			293.3			11,862			3,566			332.7			2,581			2,146			120.2
Note 1)	Based on current assets and liabilities within three months of maturity.
:---	:---

Liquidity Coverage Ratios (LCR)

(units: %)

Name of Company		Type
Woori Bank		Liquidity coverage ratio Note 1), Note 3)	107.31		107.64	104.79
		Foreign currency liquidity coverage ratio Note 2), Note 3)	213.07		160.56	184.29
		Ratio of business purpose premises and equipment	15.05 Note 4	)	9.42	9.95
Note 1)	LCR: Average of daily ratios during a quarter (same as the calculation method used for business disclosure)
:---	:---
-	The applicable LCR requirements were 100% as of June 30, 2026 and December 31, 2025, and 97.5% as of<br>December 31, 2024, respectively.
:---	:---
Note 2)	Foreign currency LCR: ratio calculated based on averages of the amount of each category (same as the<br>calculation method used for business disclosure)
:---	:---
-	The applicable foreign currency LCR requirement was 80% for all periods after 2022.
:---	:---
Note 3)	The applicable periods for LCR and foreign currency LCR are: 2Q 2026, 4Q 2025 and 4Q 2024.
:---	:---
Note 4)	Ratio calculated after reflecting the results of our asset revaluation.
:---	:---
c.	Profitability Ratios Note1), Note2)
:---	:---

(units: %)

Type		2026 1H				2025				2024
		ROA		ROE		ROA		ROE		ROA		ROE
Woori Financial Group
Including non-controlling interests			0.54		8.85		0.58		9.31		0.61		9.60
Excluding non-controlling interests			0.52		8.55		0.56		9.01		0.60		9.34
Note 1)	Total assets and total equity : simple average of the starting balance for the fiscal year and the ending<br>balance of each quarter.
:---	:---
Note 2)	On an annualized basis, based on the applicable standards for business reports submitted to the Financial<br>Supervisory Service.
:---	:---

d.	Asset Quality

Group Asset Quality

(units: billions of Won, %)

Type
Total loans		414,705	399,970	390,066
Substandard and below loans		3,007	2,517	2,211
Substandard and below loans ratio		0.73	0.63	0.57
Non-Performing Loans (“NPL”)		2,755	2,172	1,786
NPL ratio		0.66	0.54	0.46
Substandard and below coverage ratio (A/B)		112.9	129.9	153.0
Loan loss reserve (A)		3,396	3,268	3,382
Substandard and below loans (B)		3,007	2,517	2,211
Note 1)	Based on the applicable standards for financial holding company business reports submitted to the Financial<br>Supervisory Service.
:---	:---
Note 2)	2026 1H figures are preliminary and are subject to change.
:---	:---

Asset Quality for Significant Subsidiaries and Consolidated Companies

(units: % )

Type		2026 1H						2025						2024
		Substandard<br>and below<br>ratio		NPL<br>ratio		Substandard<br>and below<br>coverage<br>ratio		Substandard<br>and below<br>ratio		NPL<br>ratio		Substandard<br>and below<br>coverage<br>ratio		Substandard<br>and below<br>ratio		NPL<br>ratio		Substandard<br>and below<br>coverage<br>ratio
Woori Bank Note 1)			0.39		0.36		132.86		0.31		0.25		172.55		0.23		0.19		247.44
Woori Card Note 2)			1.51		—		103.63		1.23		—		104.03		1.07		—		105.46
Woori Financial Capital Note 2)			1.85		—		111.39		1.93		—		111.48		1.91		—		134.18
Woori Investment Securities Note 2), Note 3)			4.51		—		71.03		6.23		—		69.21		7.29		—		84.37
Woori Asset Trust Note 2)			73.57		—		—		74.04		—		—		77.68		—		—
Woori Savings Bank Note 2), Note 4)			3.85		—		91.85		6.86		—		72.31		9.82		—		77.43
Note 1)	Based on K-IFRS separate financial statements.
:---	:---
Note 2)	Based on the applicable standards for business reports submitted to the Financial Supervisory Service.
:---	:---
Note 3)	Woori Investment Securities was established in August 2024, following the merger of Korea Foss Securities and<br>Woori Investment Bank.
:---	:---
Note 4)	Based on K-GAAP.
:---	:---

(units: % )

Type<br><br>Note1)		2026 1H		2025		2024
		Risk-Weighted<br>Non-Performing<br>Asset Ratio		Risk-Weighted<br>Non-Performing<br>Asset Ratio		Risk-Weighted<br>Non-Performing<br>Asset Ratio
Tongyang Life Insurance			0.06		0.14		0.08
ABL Life Insurance			0.13		0.14		0.23
Note 1)	Based on the applicable standards for business reports submitted to the Financial Supervisory Service
:---	:---

III.	Financial Information
1.	Condensed Financial Statements (Consolidated)
:---	:---

Summary Consolidated Statement of Financial Position

(The Company and its consolidated subsidiaries, as of the end of the periods indicated)		(unit: millions of Won)
Classification		2026 1H				2025				2024
---	---	:---:	---	---	---	:---:	---	---	---	:---:	---	---
ASSETS
Cash and cash equivalents			38,257,980				38,499,679				27,281,123
Financial assets at fair value through profit or loss (“FVTPL”)			40,585,470				34,245,475				25,202,672
Financial assets at fair value through other comprehensive income (“FVTOCI”)			83,444,761				83,499,522				43,797,745
Securities at amortized cost			18,416,435				18,707,459				19,203,177
Loans and other financial assets at amortized cost			438,444,199				412,495,783				398,471,816
Investments in joint ventures and associates			1,856,681				2,080,008				1,748,810
Reinsurance contracts			601,044				620,207				—
Investment properties			630,326				998,854				450,788
Premises and equipment			5,998,299				3,780,817				3,370,585
Intangible assets and goodwill			1,053,820				1,056,647				1,091,402
Assets held for sale			698,186				168,491				73,989
Net defined benefit asset			9,527				20,558				146,109
Current tax assets			221,938				228,229				61,613
Deferred tax assets			341,767				413,649				72,937
Derivative assets (designated for hedging)			155,219				217,180				175,191
Other assets			4,463,836				4,424,728				4,605,363

Total assets			635,179,488				601,457,286				525,753,320

LIABILITIES
Financial liabilities at FVTPL			9,036,695				6,356,934				9,896,597
Deposits due to customers			378,088,907				376,580,845				366,821,156
Borrowings			40,530,558				34,183,267				30,117,031
Debentures			58,663,306				55,583,392				48,207,103
Insurance contracts			42,924,509				45,573,864				—
Reinsurance contracts			184,892				184,792				—
Investment contract liabilities			4,181,817				3,433,611				—
Provisions			792,709				790,733				611,428
Net defined benefit liability			80,277				115,091				5,424
Current tax liabilities			239,266				723,368				127,126
Deferred tax liabilities			1,404,228				504,828				858,822
Derivative liabilities (designated for hedging)			1,181,254				615,361				102,815
Other financial liabilities			56,137,211				38,118,058				32,314,051
Other liabilities			853,716				833,894				796,498

Total liabilities			594,299,345				563,598,038				489,858,051

Classification
EQUITY
Owners’ equity:	38,884,675	36,017,339		34,096,836
Capital stock	3,802,676	3,802,676		3,802,676
Hybrid securities	3,511,032	3,710,498		3,810,435
Capital surplus	933,154	933,436		934,100
Other equity	1,234,183	(1,219,327	)	(1,400,885	)
Retained earnings	29,403,630	28,790,056		26,950,510
Non-controlling interests	1,995,468	1,841,909		1,798,433

Total equity	40,880,143	37,859,248		35,895,269

Total liabilities and equity	635,179,488	601,457,286		525,753,320

Number of Consolidated Subsidiaries<br><br>(excluding holding company)	215	203		188

Summary Consolidated Statement of Comprehensive Income

(The Company and its consolidated subsidiaries, for the periods indicated)		(unit: millions of Won, except per share amounts)
Classification		2026 1H			2025 1H			2025			2024
---	---	:---:	---	---	:---:	---	---	:---:	---	---	:---:	---	---
Operating income			2,123,827			1,977,714			3,674,808			4,255,190
Net interest income			4,659,723			4,513,808			9,030,769			8,886,336
Net fees and commissions income			1,278,785			1,033,752			2,160,404			2,086,170
Dividend income			278,765			142,433			484,465			310,320
Net insurance income			83,443			—			103,871			—
Other insurance finance expenses			(1,250,197	)		—			(378,130	)		—
Net gain (loss) on financial instruments at FVTPL			1,540,524			(122,936	)		725,939			1,492,783
Net gain on financial assets at FVTOCI			19,644			80,823			130,620			96,620
Net gain arising on financial assets at amortized cost			42,612			53,151			107,667			286,885
Impairment losses due to credit loss			(966,025	)		(943,310	)		(2,102,814	)		(1,716,295	)
General and administrative expenses			(2,632,856	)		(2,479,086	)		(5,179,621	)		(4,468,973	)
Other net operating expenses			(930,591	)		(300,921	)		(1,408,362	)		(2,718,656	)

Non-operating income (expenses)			42,562			73,366			415,358			(32,343	)

Net income before income tax expense			2,166,389			2,051,080			4,090,166			4,222,847

Income tax expense			(500,474	)		(456,781	)		(862,658	)		(1,051,378	)

Net income			1,665,915			1,594,299			3,227,508			3,171,469

Net income attributable to owners			1,608,896			1,552,019			3,124,346			3,085,995

Classification
Net income attributable to the non-controlling<br>interests		57,019	42,280		103,162	85,474

Other comprehensive income (loss), net of tax		2,592,612	(319,744	)	176,770	382,719

Items that will not be reclassified to profit or loss		1,847,736	(69,441	)	90,547	(200,341	)
Items that may be reclassified to profit or loss		744,876	(250,303	)	86,223	583,060

Total comprehensive income		4,258,527	1,274,555		3,404,278	3,554,188

Comprehensive income attributable to the owners		4,060,675	1,244,502		3,251,616	3,454,620
Comprehensive income attributable to non-controlling<br>interests		197,852	30,053		152,662	99,568
Net income per share:
Basic and diluted income per share (in Korean Won)		2,103	2,006		4,052	3,950
2.	Condensed Financial Statements (Separate)
:---	:---

Summary Statement of Financial Position

(The Company, as of the end of the periods indicated)		(unit: millions of Won)
Classification		2026 1H				2025				2024
---	---	:---:	---	---	---	:---:	---	---	---	:---:	---	---
ASSETS
Cash and cash equivalents			311,083				489,321				1,185,912
Financial assets at fair value through other<br><br>comprehensive income			549,882				558,162				553,518
Loans and other financial assets at amortized cost			285,359				707,142				204,431
Investments in subsidiaries			26,599,124				25,597,495				24,206,017
Premises and equipment			3,169				4,763				5,304
Intangible assets			4,386				2,961				3,308
Net defined benefit asset			268				2,108				1,378
Current tax assets			118,616				26,295				33,120
Deferred tax assets			7,140				5,810				4,379
Other assets			245				315				155,670

Total assets			27,879,272				27,394,372				26,353,037

LIABILITIES
Debentures			3,536,620				2,667,525				2,037,567
Provisions			1,571				1,897				1,252
Current tax liabilities			199,152				673,217				84,701
Other financial liabilities			236,422				95,822				76,382
Other liabilities			405				5,967				404

Total liabilities			3,974,170				3,444,428				2,200,306

Classification
EQUITY
Capital stock	3,802,676		3,802,676	3,802,676
Hybrid securities	3,510,805		3,710,228	3,810,225
Capital surplus	8,120,236		8,120,236	11,120,236
Other equity	(1,958	)	2,607	(1,189	)
Retained earnings	8,473,343		8,314,197	5,420,783

Total equity	23,905,102		23,949,944	24,152,731

Total liabilities and equity	27,879,272		27,394,372	26,353,037

Summary Statement of Comprehensive Income

(The Company, for the periods indicated)		(unit: millions of Won, except per share amounts)
Classification		2026 1H				2025 1H				2025				2024
---	---	:---:	---	---	---	:---:	---	---	---	:---:	---	---	---	:---:	---	---
Operating income			1,158,462				1,368,995				1,294,715				1,123,301

Net interest income (expense)			(36,667	)			(13,394	)			(44,526	)			2,128
Interest income			5,674				21,628				28,296				51,778
Interest expense			(42,341	)			(35,022	)			(72,822	)			(49,650	)
Net fees and commissions loss			(13,696	)			(12,766	)			(26,879	)			(20,319	)
Fees and commissions income			887				876				1,816				1,625
Fees and commissions expense			(14,583	)			(13,642	)			(28,695	)			(21,944	)
Dividend income			1,249,918				1,435,418				1,448,486				1,208,522
Reversal (Provision) of impairment losses due to credit loss			0				(115	)			56				608
General and administrative expenses			(41,093	)			(40,148	)			(82,422	)			(67,638	)

Non-operating income (expense)			(43	)			13				(170,511	)			(147	)

Net income before income tax expense			1,158,419				1,369,008				1,124,204				1,123,154

Income tax benefit (expense)			(1,026	)			(212	)			2,836				178

Net income			1,157,393				1,368,796				1,127,040				1,123,332

Other comprehensive income (loss), net of tax			(6,210	)			5,887				3,562				9,138

Items that will not be reclassified to profit or loss			(6,210	)			5,887				3,562				9,138
Net gain (loss) on valuation of equity securities at FVTOCI			(6,002	)			6,988				3,328				10,164
Remeasurement of the net defined benefit liability			(208	)			(1,101	)			234				(1,026	)

Total comprehensive income			1,151,183				1,374,683				1,130,602				1,132,470

Net income per share:
Basic and diluted income per share (in Korean Won)			1,476				1,749				1,326				1,296

3.	Dividend Information

Information on the Date of Dividend Amount Determination and the Dividend Record Dates

Dividend Type		Date of Dividend Amount<br>Determination Note 1)	Record Date	Remarks
Dividend for 2Q2026		July 24, 2026	August 10, 2026	—
Dividend for 1Q2026		April 24, 2026	May 11, 2026	—
Dividend for FY2025		March 23, 2026	February 27, 2026	Disclosed on February 6, 2026
Dividend for 3Q2025		October 24, 2025	November 10, 2025	—
Dividend for 2Q2025		July 25, 2025	August 10, 2025	—
Dividend for 1Q2025		April 25, 2025	May 10, 2025	—
Dividend for FY2024		March 26, 2025	February 28, 2025	Disclosed on February 7, 2025
Dividend for 3Q2024		October 18, 2024	September 30, 2024	—
Dividend for 2Q2024		July 25, 2024	June 30, 2024	—
Dividend for 1Q2024		April 26, 2024	March 31, 2024	—
Note 1)	Date of the annual general meeting of shareholders for year-end<br>dividends and the date of the resolution of the Board of Directors for quarterly dividends.
:---	:---
Note 2)	Quarterly dividends for FY2024 are prior to the January 2025 amendment to Article 165-12 of the Capital Markets Act.
:---	:---

Dividend Data for the Past 3 Years – Key Indicators

Items
Par value per share (Won)			5,000	5,000	5,000
Net profit (millions of Won)			1,608,896	3,124,346	3,085,995
Earnings per share (Won)			2,103	4,052	3,950
Total cash dividends (millions of Won)			320,464	998,468	891,045
Total stock dividends (millions of Won)			—	—	—
Cash dividend payout ratio (%)			19.92	31.96	28.87
Cash dividend yield (%)		Common Shares	1.4	4.4	6.9
		Preferred Shares	—	—	—
Stock dividend yield (%)		Common Shares	—	—	—
		Preferred Shares	—	—	—
Cash dividend per share (Won)		Common Shares	440	1,360	1,200
		Preferred Shares	—	—	—
Stock dividend per share (Shares)		Common Shares	—	—	—
		Preferred Shares	—	—	—
Note 1)	The dividends for 2026 1H include quarterly dividends of KRW 160,527 million (KRW 220 per share) for the<br>first quarter and KRW 159,937 million (KRW 220 per share) for the second quarter. The dividends for the second quarter of 2026 were determined through a resolution of the board of directors on July 24, 2026.
:---	:---
Note 2)	The dividends for FY2025 include quarterly dividends of KRW 147,428 million (KRW 200 per share) for the<br>first quarter, KRW 146,804 million (KRW 200 per share) for the second quarter and KRW 146,804 million (KRW 200 per share) for the third quarter.
:---	:---
Note 3)	The dividends for FY2024 include quarterly dividends of KRW 133,657 million (KRW 180 per share) for the<br>first quarter, KRW 133,657 million (KRW 180 per share) for the second quarter, and KRW 133,657 million (KRW 180 per share) for the third quarter.
:---	:---
Note 4)	The cash dividend yields for 2026 1H and FY2025 are calculated as the percentage of cash dividend per share to<br>the arithmetic average of the final prices formed in the stock market during the week up to the trading day before the date the dividend amount is determined. The percentage is rounded to the first decimal place.
:---	:---
Note 5)	The cash dividend yields for FY2024 are calculated as the percentage of cash dividend per share to the<br>arithmetic average of the final prices formed in the stock market during the week up to the date that is two trading days before the record date. The percentage is rounded to the first decimal place.
:---	:---

IV.	Independent Auditor’s Opinion
1.	Independent Auditor’s Opinion
:---	:---
		2026 1H		2025		2024
---	---	:---:	---	:---:	---	:---:
Auditor		KPMG Samjong Accounting Corp.		KPMG Samjong Accounting Corp.		KPMG Samjong Accounting Corp.
Auditor’s Opinion		Note 1)		Note 2)		Note 3)
Note 1)	In its review report attached to this report, KPMG Samjong Accounting Corp. has stated that nothing had come to<br>their attention that caused them to believe that the accompanying consolidated and separate interim financial statements of Woori Financial Group are not presented fairly in all material respects, in accordance with Korean IFRS.
:---	:---
Note 2)	In its audit report, KPMG Samjong Accounting Corp. has stated that the financial statements are presented<br>fairly, in all material respects, in accordance with Korean IFRS.
:---	:---
Note 3)	In its audit report, KPMG Samjong Accounting Corp. has stated that the financial statements are presented<br>fairly, in all material respects, in accordance with Korean IFRS.
:---	:---
2.	Compensation to the Independent Auditor
:---	:---
a.	Audit Services
:---	:---
Term		Auditor		Description		Contractual						Actual
---	---	:---:	---	:---:	---	:---:	---	---	---	---	---	:---:	---	---	---	---
						Fee			Time			Fee			Time
2026 1H		KPMG Samjong Accounting Corp.		1Q/1H/3Q Review<br><br>Closing audit (including internal<br><br>accounting management system)			KRW 1,049 million			10,009 hours			KRW 352 million			3,882 hours
2025		KPMG Samjong Accounting Corp.		1Q/1H/3Q Review<br><br>Closing audit (including internal<br><br>accounting management system)			KRW 1,835 million			17,029 hours			KRW 1,835 million			17,052 hours
2024		KPMG Samjong Accounting Corp.		1Q/1H/3Q Review<br><br>Closing audit (including internal<br><br>accounting management system)			KRW 1,037 million			9,930 hours			KRW 1,037 million			9,937 hours
Note 1)	Fee excludes VAT
:---	:---
Note 2)	Time includes planning time up until the commencement of the applicable services
:---	:---
b.	Other Audit Services
:---	:---

Not Applicable

c.	Current Status of Audit Service Agreements with the Independent Auditor Relating to U.S. Listing
Term		Auditor		Description		Fee
---	---	:---:	---	:---:	---	:---:
2026 1H		KPMG Samjong Accounting Corp.		U.S. PCAOB standard audit of consolidated financial statements and internal control over financial reporting (for FY2026)		KRW 2,302 million
2025		KPMG Samjong Accounting Corp.		U.S. PCAOB standard audit of consolidated financial statements and internal control over financial reporting (for FY2025)		KRW 2,028 million
2024		KPMG Samjong Accounting Corp.		U.S. PCAOB standard audit of consolidated financial statements and internal control over financial reporting (for FY2024)		KRW 2,015 million
Note 1)	Fee excludes VAT
:---	:---
d.	Non-Audit Services
:---	:---
Term		Date of<br>Execution of<br>Agreement		Description of Service		Service Term		Fees
---	---	:---:	---	:---:	---	:---:	---	:---:
2026 1H		April 9, 2026		Tax adjustment (including review relating to application of consolidated tax)		April 9, 2026 ~ May 31, 2027		KRW 79 million
2025		April 9, 2025		Tax adjustment (including review relating to application of consolidated tax)		April 9, 2025 ~ June 1, 2026		KRW 76 million
2024		March 31, 2024		Tax adjustment (including review relating to application of consolidated tax)		April 1, 2024 ~ June 2, 2025		KRW 68 million
Note 1)	Fee excludes VAT
:---	:---

V.	Corporate Governance
1.	About the Board of Directors
:---	:---
a.	Composition of the Board of Directors
:---	:---

As of June 30, 2026, our board of directors consisted of eight directors in total, including seven independent directors and one standing director.

On March 23, 2026, at the annual general meeting of shareholders, three independent directors and one standing director were appointed.

New independent directors (2): Yong-Geon Jung, Jung-Hye Ryu / Reappointed independent director (1): In-Sub Yoon / Reappointed standing director (1): Jong-Yong Yim

On March 23, 2026, two (2) independent directors completed their terms: Eun-Ju Lee, Sun-Young Park

The board of directors operates a total of seven standing committees: Audit Committee, Risk Management Committee, Compensation Committee, Officer Candidate Recommendation Committee, Ethics and Internal Controls Committee, Subsidiary Representative Director Candidate Recommendation Committee, ESG Management Committee.

At the 4th Board Meeting held on March 23, 2026, the independent director In-Sub Yoon was appointed as the Chairman of the Board of Directors. Having served for more than four years since his initial appointment in 2022, he possesses a deeper understanding of our organizational culture and management issues than anyone else. Furthermore, during his previous tenure as Chairman of the Board Directors (March 26, 2025 – March 23, 2026), he contributed to the smooth operation of the Board of Directors. As a former CEO with hands-on experience in the financial industry, he is expected to contribute significantly to our development by offering practical and well-balanced insights. In recognition of this, he was reappointed as Chairman of the Board of Woori Financial Group with the unanimous consent of all board members. The Chairman of the Board does not concurrently hold the position of CEO.

b.	Committees under the Board of Directors

We currently have the following committees serving under the board of directors:

(a)	Audit Committee
(b)	Risk Management Committee
:---	:---
(c)	Compensation Committee
:---	:---
(d)	Officer Candidate Recommendation Committee
:---	:---
(e)	Ethics and Internal Controls Committee
:---	:---
(f)	Subsidiary Representative Director Candidate Recommendation Committee
:---	:---
(g)	ESG Management Committee
:---	:---

(As of June 30, 2026)

Name of Committee	Composition	Names of Members
Audit Committee	Five independent directors	(Chair) Choon-Soo Kim<br>(independent director)<br><br>Young-Hoon Kim (independent<br>director)<br><br>Kang-Haeng Lee (independent director)<br><br>Yeong-Seop Rhee (independent director)<br><br>Yong-Geon Jung (independent director)
Risk Management Committee	Four independent directors	(Chair) Yeong-Seop Rhee (independent director)<br><br>In-Sub Yoon<br>(independent director)<br><br>Kang-Haeng Lee (independent<br>director)<br><br>Jung-Hye Ryu (independent director)
Compensation Committee	Four independent directors	(Chair) Young-Hoon Kim (independent director)<br><br>In-Sub Yoon<br>(independent director)<br><br>Choon-Soo Kim (independent director)<br><br>Kang-Haeng Lee (independent director)
Officer Candidate Recommendation Committee	Seven independent directors	(Chair) Kang-Haeng Lee (independent director)<br><br>In-Sub Yoon<br>(independent director)<br><br>Choon-Soo Kim (independent director)<br><br>Young-Hoon Kim (independent director)<br><br>Yeong-Seop Rhee (independent director)<br><br>Yong-Geon Jung (independent director)<br><br>Jung-Hye Ryu<br>(independent director)
Ethics and Internal Controls Committee	Five independent directors	(Chair) Yong-Geon Jung (independent director)<br><br>In-Sub Yoon<br>(independent director)<br><br>Choon-Soo Kim (independent director)<br><br>Young-Hoon Kim (independent director)<br><br>Yeong-Seop Rhee (independent<br>director)

Name of Committee		Composition		Names of Members
Subsidiary Representative Director Candidate Recommendation Committee		Seven independent directors<br><br>One standing director		(Chair) Jong-Yong Yim (standing director)<br><br>In-Sub Yoon<br>(independent director)<br><br>Choon-Soo Kim (independent director)<br><br>Young-Hoon Kim (independent director)<br><br>Kang-Haeng Lee (independent director)<br><br>Yeong-Seop Rhee (independent director)<br><br>Yong-Geon Jung (independent director)<br><br>Jung-Hye Ryu<br>(independent director)
ESG Management Committee		Seven independent directors<br><br>One standing director		(Chair) Jung-Hye Ryu (independent director)<br><br>In-Sub Yoon<br>(independent director)<br><br>Choon-Soo Kim (independent director)<br><br>Young-Hoon Kim (independent director)<br><br>Kang-Haeng Lee (independent director)<br><br>Yeong-Seop Rhee (independent director)<br><br>Yong-Geon Jung (independent director)<br><br>Jong-Yong Yim (standing director)
2.	Shareholders’ Meetings
:---	:---
a.	Voting Rights
:---	:---
(unit: shares, as of June 30, 2026)
---:
Items				Number of shares			Notes
---	---	---	---	:---:	---	---	:---:	---	---
Number of issued shares		Common Shares			728,089,682			—
		Preferred Shares			—			—
Number of shares without voting rights		Common Shares			3,082,276			Note 1	)
		Preferred Shares			—			—
Number of shares for which voting rights are excluded<br>pursuant to the articles of incorporation		Common Shares			—			—
		Preferred Shares			—			—
Number of shares for which voting rights<br><br>are limited by law		Common Shares			—			—
		Preferred Shares			—			—
Number of shares for which voting rights<br><br>have been restored		Common Shares			—			—
		Preferred Shares			—			—
Number of shares for which voting rights<br><br>may be exercised		Common Shares			725,007,406			—
		Preferred Shares			—			—
Note 1)	Treasury shares acquired from the issuance of fractional shares and shares in mutual ownership (pursuant to<br>Article 369 of the Commercial Code)
:---	:---

b.	Summary of the Minutes of Shareholders’ Meetings
		Agenda		Result
---	---	:---:	---	:---:
Annual General Meeting of Shareholders for FY2023<br><br>(March 22, 2024)		1. Approval of separate financial statements (including statements of appropriations of retained earnings) and consolidated financial<br>statements for the fiscal year 2023 (Jan. 1, 2023 – Dec. 31, 2023)		Approved as submitted
		2. Election of directors (5 independent directors)<br><br>- 2-1 Candidate for independent director : Chan-Hyoung Chung<br><br>- 2-2 Candidate for<br>independent director : In-Sub Yoon<br><br>- 2-3 Candidate for independent director : Yo-Hwan Shin<br><br>- 2-4 Candidate for<br>independent director : Eun-Ju Lee<br><br>- 2-5 Candidate for independent director : Sunyoung Park		Approved as submitted
		3. Election of Audit Committee members who are independent directors (2 independent directors)<br><br>- 3-1 Candidate for Audit<br>Committee member who is an independent director : Chan-Hyoung Chung<br><br>- 3-2 Candidate for Audit Committee member who is an independent director : Yo-Hwan Shin		Approved as submitted
		4. Approval of the maximum limit on directors’ compensation		Approved as submitted
Annual General Meeting of Shareholders for FY2024<br><br>(March 26, 2025)		1. Approval of separate financial statements (including statements of appropriations of retained earnings) and consolidated financial<br>statements for fiscal year 2024 (Jan. 1, 2024 – Dec. 31, 2024)		Approved as submitted
		2. Approval of amendments to the Articles of Incorporation		Approved as submitted
		3. Approval of reductions to the capital reserve		Approved as submitted
		4. Election of directors (4 independent directors)<br><br>- 4-1 Candidate for independent director : Choon-Soo<br>Kim<br><br>- 4-2 Candidate for<br>independent director : Young-Hoon Kim<br><br>- 4-3 Candidate for independent director : Kang-Haeng Lee<br><br>- 4-4 Candidate for independent director : In-Sub Yoon		Approved as submitted
		5. Election of independent director who will serve as an audit committee member<br><br>- Candidate for independent director who will serve as an audit<br>committee member : Yeong-Seop Rhee		Approved as submitted
		6. Election of audit committee members who are independent directors (3 independent directors)<br><br>- 6-1 Candidate for audit<br>committee member who is an independent director : Choon-Soo Kim<br><br>- 6-2 Candidate for audit committee member who is an independent director : Young-Hoon Kim<br><br>- 6-3 Candidate for audit<br>committee member who is an independent director : Kang-Haeng Lee		Approved as submitted

	7. Approval of the maximum limit on directors’ compensation	Approved as submitted
Annual General Meeting of Shareholders for FY2025<br><br>(March 23, 2026)	1. Approval of separate financial statements (including statements of appropriations of retained earnings) and consolidated financial<br>statements for fiscal year 2025 (Jan. 1, 2025 – Dec. 31, 2025)	Approved as submitted
	2. Approval of amendments to the Articles of Incorporation	Approved as submitted
	3. Election of directors (1 standing director and 2 independent directors)<br><br>- 3-1 Candidate for standing director : Jong-Yong Yim<br><br>- 3-2 Candidate for independent director : In-Sub Yoon<br><br>- 3-3 Candidate<br>for independent director : Jung-Hye Ryu	Approved as submitted
	4. Election of independent director who will serve as an audit committee member<br><br>- Candidate for independent director who will serve as an audit<br>committee member : Yong-Geon Jung	Approved as submitted
	5. Approval of the maximum limit on directors’ compensation	Approved as submitted

VI.	Shareholder Information
1.	Share Distribution
:---	:---
a.	Share Information of the Largest Shareholder and Specially Related Parties
:---	:---
As of June 30, 2026	(units: shares, %)
---	---:
Name		Relation		Type			Shares Held												Notes
---	---	:---:	---	:---:	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	:---:	---
							Beginning balance						Ending balance
							Number			Share			Number			Share
Employee Stock Ownership Association of Woori Financial<br>Group		The largest shareholder			Common			42,182,950			5.75			48,951,210			6.72			—
Employee Stock Ownership Association of Woori Bank		The related party of the largest shareholder			Common			14,753,107			2.01			12,984,953			1.78			—
Total					Common			56,936,057			7.76			61,936,163			8.51			—
					Others			—			—			—			—			—
b.	Changes in the Largest Shareholder
:---	:---
As of June 30, 2026		(units: shares, %)
---	---	---:
Change of Date		Largest Shareholder		Number<br>Held		Share		Notes
---	---	:---:	---	:---:	---	:---:	---	:---:
December 9, 2021		Employee Stock Ownership Association of Woori Financial Group and 1 other		71,346,178		9.80		Bought 1.00% of the KDIC’s remaining shares of Woori Financial Group (8.80% share already held) Note 1)
Note 1)	Refer to the prior disclosure on the Form 6-K on December 10,<br>2021, Changes in the Largest Shareholder
:---	:---
c.	Share Ownership of More Than 5%
:---	:---
As of June 30, 2026		(units: shares, %)
---	---	---:
		Name		Shares						Notes
---	---	:---:	---	:---:	---	---	---	---	---	:---:	---	---
				No. of shares			Percentage of<br>shareholding
Share ownership of more than 5%		BlackRock Fund Advisors			52,302,167			7.18			Note 1	)
		National Pension Service			46,827,446			6.43			—
Employee Stock Ownership Association					61,936,163			8.51			Note 2)
Note 1)	Based on the report on significant holdings of stocks filed on February 10, 2026.
:---	:---
Note 2)	Total shares of the employee stock ownership association of Woori Financial Group and Woori Bank.
:---	:---
Note 3)	Percentage of shareholding : Calculated based on the total number of issued shares as of June 30, 2026.
:---	:---

2.	Stock Price and Stock Market Performance
a.	Domestic Stock Market
:---	:---

(units: Won, thousands of shares)

Period
Share Price<br><br>(Common Shares)		High	30,650	40,800	35,300	35,800	33,300	33,050
		Low	27,250	30,100	31,550	31,850	29,700	28,350
		Average	28,593	36,256	32,829	33,986	31,378	30,250
Monthly Trade Volume		High	2,467	7,692	6,725	5,571	5,320	4,475
		Low	1,116	1,737	1,225	909	1,475	1,370
		Monthly Total	36,863	55,528	54,352	39,502	47,864	51,976
Note 1)	Source: KRX KOSPI Market
:---	:---
Note 2)	Share prices are based on closing prices.
:---	:---
b.	Foreign Stock Market (NYSE)
:---	:---

(units: US Dollars, Won, thousands of ADSs)

Period
ADS		High	64.86	84.47	73.91	74.32	70.03	66.00
		Low	56.71	62.89	64.25	65.45	60.84	56.40
		Average	59.64	75.64	67.13	69.71	64.64	60.27
Won Conversion		High	93,580	122,541	105,285	109,444	103,981	99,660
		Low	82,553	90,354	96,895	98,646	91,613	87,155
		Average	86,866	109,622	99,791	103,681	96,324	92,054
Monthly Trade Volume		High	95	130	202	202	253	311
		Low	41	44	59	69	67	110
		Monthly Total	1,220	1,588	2,763	2,671	2,806	4,642
Note 1)	Source: standard trading rate (daily and monthly average) (Seoul Money Brokerage, www.smbs.biz)
:---	:---
Note 2)	One ADS represents three common shares.
:---	:---
Note 3)	Share prices are based on closing prices.
:---	:---

VII.	Directors and Employee Information
1.	Directors and Executives
:---	:---

As of August 14, 2026

Position			Name		Term<br>Commencement Date	Expiration of Term
Chief Executive Officer		Registered	Jong-Yong Yim	10,000	March 24, 2023	Note 1)
Independent Director		Registered	In-Sub Yoon	—	January 27, 2022	Note 2)
Independent Director		Registered	Choon-Soo Kim	2,800	March 26, 2025	Note 2)
Independent Director		Registered	Young-Hoon Kim	—	March 26, 2025	Note 2)
Independent Director		Registered	Kang-Haeng Lee	7,000	March 26, 2025	Note 2)
Independent Director		Registered	Yeong-Seop Rhee	—	March 26, 2025	Note 2)
Independent Director		Registered	Yong-Geon Jung	—	March 23, 2026	Note 3)
Independent Director		Registered	Jung-Hye Ryu	—	March 23, 2026	Note 3)
President		Non-Registered	Jeong-Soo Lee	6,890	February 27, 2026	December 31, 2026
Deputy President		Non-Registered	Il-Jin Ouk	4,000	December 8, 2023	November 30, 2026
Deputy President		Non-Registered	Jang-Keun Park	2,850	December 8, 2023	March 6, 2027
Deputy President		Non-Registered	Kyu-Hwang Jeong	11,741	December 8, 2023	July 4, 2028
Deputy President		Non-Registered	Seong-Min Kwak	3,692	January 15, 2026	December 31, 2027
Managing Director		Non-Registered	Jung-Sup Lee	—	December 16, 2024	December 31, 2026
Managing Director		Non-Registered	Je-Seong Park	5,250	December 16, 2024	December 31, 2026
Managing Director		Non-Registered	Byung-Gyu Kim	—	January 15, 2026	December 31, 2027
Managing Director		Non-Registered	Won-Myung Ko	—	January 15, 2026	January 14, 2028
Managing Director		Non-Registered	Yeon-Ho Park	—	February 27, 2026	December 31, 2027
Note 1)	The terms of standing director Jong-Yong Yim: Until the end of the annual general meeting of shareholders in<br>FY2029.
:---	:---
Note 2)	The terms of independent directors In-Sub Yoon, Choon-Soo Kim,<br>Young-Hoon Kim, Kang-Haeng Lee and Yeong-Seop Rhee: Until the end of the annual general meeting of shareholders in FY2027.
:---	:---
Note 3)	The terms of independent directors Yong-Geon Jung and Jung-Hye Ryu:<br>Until the end of the annual general meeting of shareholders in FY2028.
:---	:---
Note 4)	Common shares owned by executive officers excludes shares held through the Employee Stock Ownership<br>Association, in accordance with the legal interpretation by the Financial Services Commission (FSC).
:---	:---
Note 5)	Term commencement date: date of inauguration for registered officers or directors / date of appointment of<br>current position for non-registered officers or directors.
:---	:---

2.	Employee Status
As of June 30, 2026		(units: persons, millions of Won)
---	---	---:
		Number of Employees															Average<br>Tenure			Total<br>Compensation			Average<br>Compensation<br>Per Person			Note
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	:---:	---	---	:---:	---	---	:---:	---	---	:---:	---
		Regular						Contract						Total
		Total			(Short time<br>worker)			Total			(Short time<br>worker)
Total			88			—			36			1			124			2 years 9 months<br><br>(14 years 3 months	)		13,525			110			—
Note 1)	Average tenure: term in ( ) includes tenure at affiliated companies
:---	:---
Note 2)	Contract employees include non-registered executives
:---	:---
3.	Directors’ Compensation
:---	:---

(units: persons, millions of Won, shares)

Items		Term					Remuneration not included in total compensation<br>(remaining balance)
							Stock options						Other stock-based<br>compensation
							Exercisable		Unexercisable		Remaining<br>AmountNote 3)		Unpaid<br>Shares		Market<br>Value<br>Note 4)
Registered Directors<br><br>(excludes independent directors and audit committee members)		2026 1H	1	815	815	—		—		—		—		17,893		519	Note 5	)
		2025	1	1,193	1,193	—		—		—		—		63,167		1,769	Note 6	)
		2024	1	1,144	1,144	—		—		—		—		62,087		954	Note 7	)
Independent Directors<br><br>(excludes audit committee members)		2026 1H	2	120	49	—		—		—		—		—		—	—
		2025	3	259	86	—		—		—		—		—		—	—
		2024	3	241	88	—		—		—		—		—		—	—
Audit Committee Members		2026 1H	5	214	47	—		—		—		—		—		—	—
		2025	4	321	80	—		—		—		—		—		—	—
		2024	4	278	70	—		—		—		—		—		—	—
Auditor<br><br>Note 8)		2026 1H	—	—	—	—		—		—		—		—		—	—
		2025	—	—	—	—		—		—		—		—		—	—
		2024	—	—	—	—		—		—		—		—		—	—
Note 1)	Number of persons as of the reporting date of the current period (June 30, 2026)
:---	:---
Note 2)	Total remuneration for the 2026 1H: Cumulative amount paid from January to June 2026
:---	:---
Note 3)	Remaining Amount = The amount of liability and equity accounts recognized on the statement of financial<br>position in connection with stock options, categorized by position (such as directors, independent directors and audit committee members), as of the end of each fiscal year and the reporting date of this disclosure.
:---	:---
Note 4)	Market value = (Unpaid quantity) * (closing price at the end of period) (However, other stock-based<br>compensation is performance-linked stock-based compensation, and the final payment quantity and amount will be determined based on the share price at the time of payment according to the results of the long-term performance evaluation)
:---	:---

※ Closing price at the end of each period (KRW): KRW 15,370 as of December 31, 2024; KRW 28,000 as of December 31, 2025; KRW 29,000 as of June 30, 2026.

Note 5)	Includes performance-linked stock-based compensation of up to 17,893 performance-linked shares; the final<br>number of shares to be granted and the final payment amount will be determined based on the share price at the time of payment according to the results of the long-term performance evaluation (2026~2029).
Note 6)	Includes performance-linked stock -based compensation of up to 63,167 performance-linked shares; the final<br>number of shares to be granted and the final payment amount will be determined based on the share price at the time of payment according to the results of the long-term performance evaluation (2025~2028).
:---	:---
Note 7)	Includes performance-linked stock -based compensation of up to 62,087 performance-linked shares; the final<br>number of shares to be granted and the final payment amount will be determined based on the share price at the time of payment according to the results of the long-term performance evaluation (2024~2027).
:---	:---
Note 8)	Pursuant to Article 542-11 of the Commercial Act, the Company operates<br>an Audit Committee and does not have a separate auditor pursuant to Article 415-2.
:---	:---

4.	Stock-based Compensation

The Company operates a performance-based stock-linked compensation system, pursuant to the standards established by the shareholders at the shareholders’ meeting and the Compensation Committee. The Company initially determines, for each recipient, the maximum share amounts that can be granted under the system, and then determines the final share amounts based on an evaluation of the long-term performance indices over four years (including the current year). The compensation is then paid in cash, based on the final share amount and the share price at the time the compensation is granted. The long-term performance indices include relative shareholder return, common equity ratio, return on equity, profit for the period, cost-to-income ratio, non-performing loan ratio and individual performance evaluations. For further information, please refer to the notes to the financial statements.

(Unit: shares, except number of recipients)

Items
Number of Recipients		13		9		11
Maximum Amount of Shares		194,569		173,273		48,137
Shares Paid during the Period		164,164		161,799		149,696
(Adjustments)		(19,554	)	(21,970	)	(17,920	)
Cumulative Shares Paid		232,910		394,709		475,659
Unpaid Shares		824,024		813,528		694,049
Note 1)	Number of Recipients: Includes employees who had retired or resigned by the end of the grant year. The total<br>number also accounts for all personnel involved before and after changes such as internal transfers during the grant year
:---	:---
Note 2)	Cumulative Shares Paid : The cumulative shares paid during the disclosure period up to the reporting date of<br>this disclosure is stated.
:---	:---

VIII.	Internal Controls
1.	Management’s Assessment of the Effectiveness of the Internal Accounting Management System
:---	:---
Term		Date of Report		Assessment		Material<br>Deficiencies		Corrective<br>Action<br>Plans
---	---	:---:	---	:---:	---	:---:	---	:---:
2026 1H		—		—		—		—
2025		To Board: February 27, 2026<br><br>To Shareholder Meeting: March 23, 2026		In terms of overall materiality, the internal accounting management system is under effective design and operation.		—		—
2024		To Board: February 28, 2025<br><br>To Shareholder Meeting: March 26, 2025		In terms of overall materiality, the internal accounting management system is under effective design and operation.		—		—
Note)	The evaluation results are reported as of the end of each fiscal year, pursuant to Article 8, Paragraph 4 of<br>the Act on External Audit of Stock Companies.
:---	:---
2.	Audit Committee’s Assessment of the Effectiveness of the Internal Accounting Management System
:---	:---
Term		Date of Report		Assessment		Material<br>Deficiencies		Corrective<br>Action<br>Plans
---	---	:---:	---	:---:	---	:---:	---	:---:
2026 1H		—		—		—		—
2025		February 27, 2026		In terms of overall materiality, the internal accounting management system is under effective design and operation.		—		—
2024		February 28, 2025		In terms of overall materiality, the internal accounting management system is under effective design and operation.		—		—
Note)	The evaluation results are reported as of the end of each fiscal year, pursuant to Article 8, Paragraph 5 of<br>the Act on External Audit of Stock Companies.
:---	:---
3.	External Auditor’s Audit Opinion (Review Report) on the Effectiveness of the Internal Accounting<br>Management System
:---	:---
Term		Auditor		Audit or Review		Opinion Type		Issues			Company’s<br>Response<br>Actions
---	---	:---:	---	:---:	---	:---:	---	:---:	---	---	:---:	---
2026 1H		—		—		—			—			—
2025		KPMG Samjong Accounting Corp.		Audit		Unqualified			—			—
2024		KPMG Samjong Accounting Corp.		Audit		Unqualified			—			—
Note)	A comprehensive opinion on the audit results as of the end of each fiscal year is included in the audit report,<br>pursuant to Article 8, Paragraphs 6 and 7 of the Act on External Audit of Stock Companies.
:---	:---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Woori Financial Group Inc.
	(Registrant)
Date: August 14, 2026	By:	/s/ Seong Min Kwak
	(Signature)
	Name:	Seong Min Kwak
	Title:	Deputy President

EX-99.1

Exhibit 99.1

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF AND FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025

WOORI FINANCIAL GROUP INC.

		Page(s)
Independent Auditors’ Review Report			1-2
Consolidated Interim Financial Statements
Consolidated Interim Statements of Financial Position			4
Consolidated Interim Statements of Comprehensive Income			5-6
Consolidated Interim Statements of Changes in Equity			7
Consolidated Interim Statements of Cash Flows			8-9
Notes to the Consolidated Interim Financial<br>Statements			10-148

Independent Auditors’ Review Report

Based on a report originally issued in Korean

To the Board of Directors and Shareholders of Woori Financial Group Inc.

Reviewed Financial Statements

We have reviewed the accompanying condensed consolidated interim financial statements of Woori Financial Group Inc. and its subsidiaries (collectively the “Group”), which comprise the condensed consolidated interim statement of financial position as of June 30, 2026, the condensed consolidated interim statements of comprehensive income for three-month and six-month periods ended June 30, 2026, and 2025, the condensed consolidated interim statements of changes in equity and cash flows for the six-month periods ended June 30, 2026 and 2025 and notes, comprising of material accounting policy information and other explanatory information.

Management’s Responsibility

Management is responsible for the preparation and fair presentation of these condensed consolidated interim financial statements in accordance with Korean International Financial Reporting Standards (“K-IFRS”) No.1034 Interim Financial Reporting, and for such internal control as management determines is necessary to enable the preparation of the condensed consolidated interim financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Review Responsibility

Our responsibility is to issue a report on these condensed consolidated interim financial statements based on our review.

We conducted our review in accordance with the Review Standards for Quarterly and Semiannual Financial Statements established by the Securities and Futures Commission of the Republic of Korea. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Korean Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed consolidated interim financial statements referred to above do not present fairly, in all material respects, in accordance with K-IFRS No.1034 Interim Financial Reporting.

Other Matters

The consolidated statement of financial position of the Group as of December 31, 2025, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the year then ended, which are not accompanying this report, were audited by us in accordance with Korean Standards on Auditing and our report thereon, dated March 4, 2026, expressed an unqualified opinion. The accompanying consolidated statement of financial position of the Group as of December 31, 2025, presented for comparative purposes, is not different from that audited by us from which it was derived in all material respects.

The procedures and practices utilized in the Republic of Korea to review such condensed consolidated interim financial statements may differ from those generally accepted and applied in other countries.

/s/ KPMG Samjong Accounting Corp.

Seoul, Korea

August 14, 2026

This report is effective as of August 14, 2026, the review report date. Certain subsequent events or circumstances, which may occur between the review report date and the time of reading this report, could have a material impact on the accompanying condensed consolidated interim financial statements and notes thereto. Accordingly, the readers of the review report should understand that the above review report has not been updated to reflect the impact of such subsequent events or circumstances, if any.

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF AND FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025

The accompanying condensed consolidated interim financial statements including

all footnote disclosures were prepared by, and are the responsibility of, the management of Woori Financial Group Inc.

Jong Yong Yim

President and Chief Executive Officer

Main Office Address: (Address) 51, Sogong-ro, Jung-gu, Seoul

(Phone Number) 02-2125-2000

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION

AS OF JUNE 30, 2026 (UNAUDITED) AND DECEMBER 31, 2025

	June 30,<br>2026
	(Korean Won in millions)
ASSETS
Cash and cash equivalents (Notes 4 and 6)		38,257,980	38,499,679
Financial assets at fair value through profit or loss (“FVTPL”) (Notes 4, 7, 11, and<br>21)		40,585,470	34,245,475
Financial assets at fair value through other comprehensive income (“FVTOCI”) (Notes 4,<br>8, and 11)		83,444,761	83,499,522
Securities at amortized cost (Notes 4, 9, and 11)		18,416,435	18,707,459
Loans and other financial assets at amortized cost (Notes 4, 10, 11, and 35)		438,444,199	412,495,783
Investments in joint ventures and associates (Note 12)		1,856,681	2,080,008
Reinsurance contract assets (Note 17)		601,044	620,207
Investment properties		630,326	998,854
Premises and equipment		5,998,299	3,780,817
Intangible assets		1,053,820	1,056,647
Assets held for sale		698,186	168,491
Net defined benefit asset (Note 19)		9,527	20,558
Current tax assets		221,938	228,229
Deferred tax assets		341,767	413,649
Derivative assets (Designated for hedging) (Notes 4,11 and 21)		155,219	217,180
Other assets (Notes 13 and 35)		4,463,836	4,424,728

Total assets		635,179,488	601,457,286

LIABILITIES
Financial liabilities at fair value through profit or loss (“FVTPL”) (Notes 4, 11, 14<br>and 21)		9,036,695	6,356,934
Deposits due to customers (Notes 4,11,15 and 35)		378,088,907	376,580,845
Borrowings (Notes 4, 11 and 16)		40,530,558	34,183,267
Debentures (Notes 4, 11 and 16)		58,663,306	55,583,392
Insurance contract liabilities (Note 17)		42,924,509	45,573,864
Reinsurance contract liabilities (Note 17)		184,892	184,792
Investment contract liabilities (Notes 4 and 11)		4,181,817	3,433,611
Provisions (Notes 18, 34 and 35)		792,709	790,733
Net defined benefit liability (Note 19)		80,277	115,091
Current tax liabilities		239,266	723,368
Deferred tax liabilities		1,404,228	504,828
Derivative liabilities (Designated for hedging) (Notes 4,11 and 21)		1,181,254	615,361
Other financial liabilities (Notes 4, 11, 20 and 35)		56,137,211	38,118,058
Other liabilities (Notes 20 and 35)		853,716	833,894

Total liabilities		594,299,345	563,598,038

EQUITY
Owners’ equity (Note 22)
Capital stock		3,802,676	3,802,676
Hybrid securities		3,511,032	3,710,498
Capital surplus		933,154	933,436
Other equity		1,234,183	(1,219,327	)
Retained earnings		29,403,630	28,790,056

		38,884,675	36,017,339

Non-controlling interests		1,995,468	1,841,909

Total equity		40,880,143	37,859,248

Total liabilities and equity		635,179,488	601,457,286

The accompanying notes are part of these condensed consolidated interim financial statements.

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE INCOME

FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025

(UNAUDITED)

	Periods ended June 30, 2026						Periods ended June 30, 2025
	Three-month			Six-month			Three-month			Six-month
	(Korean Won in millions, except for earnings per share data)
Interest income		5,548,434			10,944,229			5,114,607			10,419,776
Financial assets at FVTPL		85,358			165,149			64,600			120,559
Financial assets at FVTOCI		681,194			1,332,172			324,231			675,627
Financial assets at amortized cost		4,776,008			9,435,327			4,725,776			9,623,590
Insurance finance		5,874			11,581			—			—
Interest expense		(3,191,864	)		(6,284,506	)		(2,852,790	)		(5,905,968	)
Financial liabilities at amortized cost		(2,814,154	)		(5,513,207	)		(2,852,790	)		(5,905,968	)
Insurance finance		(377,710	)		(771,299	)		—			—

Net interest income (Notes 24 and 35)		2,356,570			4,659,723			2,261,817			4,513,808
Fees and commissions income		948,028			1,737,773			732,233			1,441,204
Fees and commissions expense		(246,073	)		(458,988	)		(209,915	)		(407,452	)

Net fees and commissions income (Notes 25 and 35)		701,955			1,278,785			522,318			1,033,752
Dividend income (Notes 26 and 35)		138,033			278,765			72,609			142,433
Insurance income		552,219			1,097,851			—			—
Insurance		519,470			1,047,890			—			—
Reinsurance		32,749			49,961			—			—
Insurance service expense		(536,333	)		(1,014,408	)		—			—
Insurance service		(517,540	)		(976,258	)		—			—
Reinsurance service		(18,793	)		(38,150	)		—			—
Net insurance income (Note 17)		15,886			83,443			—			—
Other insurance finance income and expenses (Note 17)		(1,052,892	)		(1,250,197	)		—			—
Net gain(loss) on financial instruments at FVTPL (Notes 27)		1,101,273			1,540,524			(325,304	)		(122,936	)
Net gain on financial assets at FVTOCI (Notes 28)		8,941			19,644			47,566			80,823
Net gain arising on financial assets at amortized cost		33,727			42,612			33,346			53,151
Impairment losses due to credit loss (Notes 29 and 35)		(439,243	)		(966,025	)		(507,809	)		(943,310	)
General and administrative expense (Notes 30 and 35)		(1,210,047	)		(2,632,856	)		(1,172,914	)		(2,479,086	)
Other net operating income and expense (Notes 21, 30 and 35)		(338,531	)		(930,591	)		176,822			(300,921	)

Operating income (Note 5)		1,315,672			2,123,827			1,108,451			1,977,714
Share of gain(loss) of joint ventures and associates (Note 12)		(641	)		28,122			61,653			71,688
Other non-operating income and expense		3,166			14,440			16,381			1,678

Non-operating income and expense (Note<br>31)		2,525			42,562			78,034			73,366
Net income before income tax expense		1,318,197			2,166,389			1,186,485			2,051,080
Income tax expense (Note 32)		(291,715	)		(500,474	)		(246,742	)		(456,781	)
Net income		1,026,482			1,665,915			939,743			1,594,299

(Continued)

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE INCOME

FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025

(UNAUDITED)

	Periods ended June 30, 2026						Periods ended June 30, 2025
	Three-month			Six-month			Three-month			Six-month
	(Korean Won in millions, except for earnings per share data)
Net gain(loss) on valuation of equity securities at FVTOCI		(28,135	)		6,960			(7,234	)		21,753
Net gain(loss) on credit risk fluctuation of financial liabilities designated to be measured at<br>FVTPL		(48	)		(128	)		(8	)		18
Changes in capital due to equity method		(256	)		840			(251	)		(1,361	)
Remeasurement gain(loss) related to defined benefit plan		61,282			43,630			24,931			(89,851	)
Gain(loss) on revaluation of premises and equipment		(44	)		1,796,434			—			—

Items that will not be reclassified to profit or loss:		32,799			1,847,736			17,438			(69,441	)

Net gain(loss) on valuation of debt securities at FVTOCI		(805,712	)		(2,263,165	)		17,202			66,844
Changes in capital due to equity method		6,118			12,384			(2,149	)		(663	)
Net gain(loss) on foreign currency translation of foreign operations		79,814			362,431			(388,415	)		(388,840	)
Net gain(loss) on valuation of hedges of net investments in foreign operations		(17,601	)		(66,771	)		70,009			72,235
Net gain(loss) on valuation of cash flow hedge		(116,532	)		(226,994	)		(1,606	)		121
Net financial gain on insurance contract assets (liabilities)		1,280,060			2,951,557			—			—
Net financial loss on reinsurance contract assets (liabilities)		(7,126	)		(24,566	)		—			—

Items that may be reclassified to profit or loss:		419,021			744,876			(304,959	)		(250,303	)
Other comprehensive income (loss), net of tax		451,820			2,592,612			(287,521	)		(319,744	)
Total comprehensive income		1,478,302			4,258,527			652,222			1,274,555

Net income attributable to:		1,026,482			1,665,915			939,743			1,594,299
Net income attributable to owners		1,004,578			1,608,896			935,328			1,552,019
Net income attributable to non-controlling<br>interests		21,904			57,019			4,415			42,280
Total comprehensive income attributable to:		1,478,302			4,258,527			652,222			1,274,555
Comprehensive income attributable to owners		1,372,542			4,060,675			656,432			1,244,502
Comprehensive income(expense) attributable to<br>non-controlling interests		105,760			197,852			(4,210	)		30,053
Earnings per share (Note 33)
Basic and diluted earnings per share<br>(Unit: In Korean Won)		1,330			2,103			1,225			2,006

The accompanying notes are part of these condensed consolidated interim financial statements

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY

FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025 (UNAUDITED)

	Capital<br>Stock
	(Korean Won in millions)
January 1, 2025		3,802,676	3,810,435		934,100		(1,400,885	)	26,950,510		34,096,836		1,798,433		35,895,269
Total comprehensive income
Net income		—	—		—		—		1,552,019		1,552,019		42,280		1,594,299
Net gain on valuation of financial instruments at FVTOCI		—	—		—		88,271		—		88,271		326		88,597
Net gain(loss) due to disposal of equity securities at FVTOCI		—	—		—		1,827		(1,827	)	—		—		—
Net gain on credit risk fluctuation of financial liabilities designated to be measured at<br>FVTPL		—	—		—		18		—		18		—		18
Changes in capital due to equity method		—	—		—		(2,024	)	—		(2,024	)	—		(2,024	)
Loss on foreign currency translation of foreign operations		—	—		—		(376,284	)	—		(376,284	)	(12,556	)	(388,840	)
Gain on valuation of hedges of net investments in foreign operations		—	—		—		72,235		—		72,235		—		72,235
Gain on valuation of cash flow hedge		—	—		—		121		—		121		—		121
Remeasurement gain(loss) related to defined benefit plan		—	—		—		(89,854	)	—		(89,854	)	3		(89,851	)
Transactions with owners
Dividends to common stocks		—	—		—		—		(634,898	)	(634,898	)	(999	)	(635,897	)
Changes in treasury stocks		—	—		1		(150,000	)	—		(149,999	)	—		(149,999	)
Issuance of hybrid securities		—	398,789		—		—		—		398,789		—		398,789
Dividends to hybrid securities		—	—		—		—		(75,672	)	(75,672	)	(47,749	)	(123,421	)
Redemption of hybrid securities		—	(698,277	)	—		(2,139	)	—		(700,416	)	(239,434	)	(939,850	)
Transfer of redemption loss of hybrid securities to retained earnings		—	—		—		2,456		(2,456	)	—		—		—
Changes in subsidiaries’ capital		—	—		250		49,743		(49,743	)	250		(250	)	—
Others		—	—		—		—		(3,906	)	(3,906	)	(22	)	(3,928	)

June 30, 2025 (Unaudited)		3,802,676	3,510,947		934,351		(1,806,515	)	27,734,027		34,175,486		1,540,032		35,715,518

January 1, 2026		3,802,676	3,710,498		933,436		(1,219,327	)	28,790,056		36,017,339		1,841,909		37,859,248
Total comprehensive income
Net income		—	—		—		—		1,608,896		1,608,896		57,019		1,665,915
Net loss on valuation of financial instruments at FVTOCI		—	—		—		(2,024,934	)	—		(2,024,934	)	(231,313	)	(2,256,247	)
Net gain(loss) due to disposal of equity securities at FVTOCI		—	—		—		(149	)	149		—		42		42
Net loss on credit risk fluctuation of financial liabilities designated to be measured at<br>FVTPL		—	—		—		(128	)	—		(128	)	—		(128	)
Changes in capital due to equity method		—	—		—		13,455		(231	)	13,224		—		13,224
Gain on foreign currency translation of foreign operations		—	—		—		360,567		—		360,567		1,864		362,431
Loss on valuation of hedges of net investments in foreign operations		—	—		—		(66,771	)	—		(66,771	)	—		(66,771	)
Loss on valuation of cash flow hedge		—	—		—		(178,385	)	—		(178,385	)	(48,609	)	(226,994	)
Remeasurement gain(loss) related to defined benefit plan		—	—		—		44,034		—		44,034		(404	)	43,630
Net financial gain on insurance contract assets (liabilities)		—	—		—		2,524,267		—		2,524,267		427,290		2,951,557
Net financial loss on reinsurance contract assets (liabilities)		—	—		—		(15,379	)	—		(15,379	)	(9,187	)	(24,566	)
Gain on revaluation of premises and equipment		—	—		—		1,795,284		—		1,795,284		1,150		1,796,434
Transfer of revaluation surplus		—	—		—		(412	)	412		—		—		—
Transactions with owners
Dividends to common stocks		—	—		—		—		(714,990	)	(714,990	)	(16	)	(715,006	)
Changes in treasury stocks		—	—		—		—		(200,000	)	(200,000	)	—		(200,000	)
Dividends to hybrid securities		—	—		—		—		(78,067	)	(78,067	)	(42,929	)	(120,996	)
Redemption of hybrid securities		—	(199,423	)	—		(577	)	—		(200,000	)	—		(200,000	)
Transfer of redemption loss of hybrid securities to retained earnings		—	—		—		2,222		(2,222	)	—		—		—
Changes in subsidiaries’ capital		—	—		(53	)	416		(416	)	(53	)	53		—
Others		—	(43	)	(229	)	—		43		(229	)	(1,401	)	(1,630	)

June 30, 2026 (Unaudited)		3,802,676	3,511,032		933,154		1,234,183		29,403,630		38,884,675		1,995,468		40,880,143

The accompanying notes are part of these condensed consolidated interim financial statements.

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS

FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2025 AND 2025 (UNAUDITED)

	For the six-month periods ended June 30
	2026			2025
	(Korean Won in millions)
Cash flows from operating activities :
Net income		1,665,915			1,594,299
Adjustments to net income:
Income tax expense		500,474			456,781
Interest income		(10,944,229	)		(10,419,776	)
Interest expense		6,284,506			5,905,968
Dividend income		(278,765	)		(142,433	)

		(4,438,014	)		(4,199,460	)

Additions of expenses not involving cash outflows:
Insurance service expense		1,014,408			—
Other insurance finance expense		1,251,494			—
Loss on financial assets at FVTOCI		5,840			4,306
Impairment loss due to credit loss		966,025			943,310
Loss on other provisions		5,855			16,570
Retirement benefit		77,230			98,078
Depreciation and amortization		638,085			618,737
Loss on derivatives (designated for hedge)		302,267			111,521
Loss on fair value hedge		13,560			59,901
Loss on valuation of investments in joint ventures and associates		19,563			12,714
Loss on disposal of investments in joint ventures and associates		31,434			241
Loss on disposal of Premises and equipment, intangible assets and other assets		9,347			1,060
Impairment loss on Premises and equipment, intangible assets and other assets		391			382
Loss on revaluation of premises and equipment		6,835			—
Other losses		547			2,788

		4,342,881			1,869,608

Deductions of income not involving cash inflows:
Insurance income		1,097,851			—
Other insurance finance income		1,297			—
Gain on financial instruments at FVTPL		1,538,944			194,476
Gain on financial assets at FVTOCI		25,484			85,129
Gain on other provisions		15,951			511
Gain on foreign currency translation		96,063			679,593
Gain on derivatives (designated for hedge)		94,553			85,237
Gain on fair value hedge		52,468			3,887
Gain on valuation of investments in joint ventures and associates		47,685			84,403
Gain on disposal of investments in joint ventures and associates		20,162			422
Gain on disposal of Premises and equipment, intangible assets and other assets		5,472			16,165
Reversal of impairment loss on Premises and equipment, intangible assets and other<br>assets		705			919

		2,996,635			1,150,742

Changes in operating assets and liabilities:
Reinsurance contract assets		63,528			—
Financial instruments at FVTPL		(2,380,469	)		170,127
Loans and other financial assets at amortized cost		(22,377,144	)		(19,252,504	)
Other assets		(647,933	)		(424,306	)
Insurance contract liabilities		(625,534	)		—
Reinsurance contract liabilities		(56,737	)		—
Investment contract liabilities		685,217			—
Deposits due to customers		(2,389,171	)		5,913,514
Provisions		(10,698	)		(845	)
Net defined benefit liability		(39,587	)		(55,953	)
Other financial liabilities		17,795,735			8,534,068
Other liabilities		13,129			(29,395	)

		(9,969,664	)		(5,145,294	)

(Continued)

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS

FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month periods ended June 30
	2026			2025
	(Korean Won in millions)
Interest income received		10,424,690			10,201,240
Interest expense paid		(6,062,456	)		(5,554,474	)
Dividends received		296,883			142,519
Income tax paid		(786,512	)		(264,346	)

		3,872,605			4,524,939

Net cash provided by (used in) operating activities		(7,522,912	)		(2,506,650	)

Cash flows from investing activities:
Net cash out-flows from hedging activities		(151,804	)		—
Disposal of financial instruments at FVTPL		10,441,344			8,988,569
Acquisition of financial instruments at FVTPL		(10,084,271	)		(9,616,922	)
Disposal of financial assets at FVTOCI		20,310,525			18,412,515
Acquisition of financial assets at FVTOCI		(21,909,289	)		(14,160,445	)
Redemption of securities at amortized cost		2,084,560			2,871,657
Acquisition of securities at amortized cost		(1,663,876	)		(2,473,315	)
Net cash flows from changes in subsidiaries		147,908			19,529
Disposal of investments in joint ventures and associates		562,643			71,564
Acquisition of investments in joint ventures and associates		(530,718	)		(83,970	)
Disposal of investment properties		30,179			—
Acquisition of investment properties		(309	)		—
Disposal of premises and equipment		5,224			35,197
Acquisition of premises and equipment		(97,735	)		(111,109	)
Disposal of intangible assets		964			333
Acquisition of intangible assets		(73,204	)		(80,612	)
Disposal of assets held for sale		58,447			17,201
Net increase(decrease) of other assets		(16,777	)		28,008

Net cash inflow(outflow) from investing activities		(886,189	)		3,918,200

Cash flows from financing activities:
Net cash in(out)-flows from hedging activities		64,095			(425	)
Net increase in borrowings		5,188,123			2,529,754
Issuance of debentures		25,328,338			17,627,111
Redemption of debentures		(22,655,019	)		(16,339,027	)
Redemption of lease liabilities		(149,691	)		(117,119	)
Net increase(decrease) of other liabilities		931			(286	)
Acquisition of treasury stocks		(200,000	)		(149,860	)
Dividends paid		(714,990	)		(634,898	)
Issuance of hybrid securities		—			398,789
Redemption of hybrid securities		(200,000	)		(940,000	)
Dividends paid to hybrid securities		(120,996	)		(123,421	)
Dividends paid to non-controlling interest		(16	)		(999	)
Changes in non-controlling interests		(1,630	)		—
Net increase in non-controlling equity<br>liabilities		—			3,539

Net cash inflow from financing activities		6,539,145			2,253,158

Effects of exchange rate changes on cash and cash equivalents		1,628,257			(937,332	)
Net increase(decrease) in cash and cash equivalents		(241,699	)		2,727,376
Cash and cash equivalents, beginning of the period		38,499,679			27,281,123

Cash and cash equivalents, end of the Period (Note 6)		38,257,980			30,008,499

The accompanying notes are part of these condensed consolidated interim financial statements.

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

1.	GENERAL
(1)	Summary of the Parent company
:---	:---

Woori Financial Group, Inc. (hereinafter referred to as the “Parent company”) is primarily aimed at controlling subsidiaries that operate in the financial industry or those that are closely related to the financial industry through the ownership of shares and was established on January 11, 2019 under the Financial Holding Company Act through the comprehensive transfer with shareholders of Woori Bank (hereinafter referred to as the “Bank”), Woori FIS Co., Ltd., Woori Finance Research Institute Co., Ltd., Woori Credit Information Co., Ltd., Woori Fund Service Co., Ltd. and Woori Private Equity Asset Management Co. Ltd. The headquarters of the Parent company is located at 51, Sogong-ro, Jung-gu, Seoul, Korea, and the capital stock is 3,802,676 million Won. The Parent company’s stocks were listed on the Korea Exchange on February 13, 2019, and its American Depository Shares (“ADS”) are also being traded as the underlying common stock on the New York Stock Exchange since the same date.

The details of stock transfer between the Parent company and subsidiaries as of Incorporation are as follows (Unit: Number of shares)

Stock transfer company
Woori Bank	676,000,000	1.0000000	676,000,000
Woori FIS Co., Ltd.	4,900,000	0.2999708	1,469,857
Woori Finance Research Institute Co., Ltd.	600,000	0.1888165	113,289
Woori Credit Information Co., Ltd.	1,008,000	1.1037292	1,112,559
Woori Fund Service Co., Ltd.	2,000,000	0.4709031	941,806
Woori Private Equity Asset Management Co., Ltd.	6,000,000	0.0877992	526,795

As of August 1, 2019, the Parent company acquired a 73% interest in Tongyang Asset Management Co., Ltd. and changed the name to Woori Asset Management Corp. Also, as of August 1, 2019, the Parent company gained 100% control of ABL Global Asset Management Co., Ltd., added it as a consolidated subsidiary and changed the name to Woori Global Asset Management Co., Ltd. on December 6, 2019.

The Parent company paid 598,391 million Won in cash and 42,103,377 new shares of the Parent company to acquire 100% interest of Woori Card Co., Ltd. from its subsidiary, Woori Bank, on September 10, 2019. On the same date, the Parent company also acquired 59.8% interest of Woori Investment Bank Co., Ltd. from Woori Bank with 392,795 million Won in cash.

As of December 30, 2019, the Parent company acquired a 67.2% interest (excluding treasury stocks, 51% interest including treasury stocks) in Woori Asset Trust Co., Ltd. (formerly Kukje Asset Trust Co., Ltd.) and added it as a consolidated subsidiary at the end of 2019. As of March 31, 2023, it acquired an additional 28.1% interests (excluding treasury stock, 21.3% in the case of including treasury stock).

The Parent company acquired 76.8% (excluding treasury stocks, 74.0% interest including treasury stocks) interest in Woori Financial Capital Co., Ltd. (formerly Aju Capital Co., Ltd.) on December 10, 2020. In addition, as of April 15, 2021, the Parent company acquired 13.3% interests (excluding treasury stock, 12.9% when including treasury stock) in Woori Financial Capital Co., Ltd., and as of May 24, 2021, the Parent company additionally acquired treasury stock (3.6%) which Woori Financial Capital Co., Ltd. possessed.

The Parent company paid 113,238 million Won in cash to acquire 100% interest of Woori Savings Bank from its subsidiary, Woori Financial Capital Co., Ltd., on March 12, 2021.

As of August 10, 2021, the Parent company paid 5,792,866 new shares of the Parent company to the shareholders of Woori Financial Capital Co., Ltd. (excluding the Parent company) through comprehensive stock exchange and acquired residual interest (9.5%) of Woori Financial Capital Co., Ltd., to make it a wholly owned subsidiary.

As of January 7, 2022, the Parent company established Woori Financial F&I Co., Ltd., an investment company for non-performing loans and restructuring companies (100% interest, 200 billion Won in stock payments) and included it as a subsidiary.

10 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

As of March 23, 2023, the Parent company acquired a 53.9% interest (excluding treasury stocks, 52.0% interest including treasury stocks) in Woori Venture Partners Co., Ltd. (formerly Daol Investment Co., Ltd.), and added it as a consolidated subsidiary. As of May 30, 2023, the Parent company additionally acquired treasury stock (3.5%) which Woori Venture Partners Co., Ltd. possessed.

As of August 8, 2023, the Parent company paid 22,541,465 new shares of the Parent company to the shareholders of Woori Investment Bank Co., Ltd. (excluding the Parent company) through comprehensive stock exchange and acquired residual interest (41.3%) of Woori Investment Bank Co., Ltd., to make it a wholly owned subsidiary. In addition, on the same day, the Parent company paid 9,933,246 new shares of the Parent company to the shareholders of Woori Venture Partners Co., Ltd. (excluding the Parent company) through comprehensive stock exchange and acquired residual interest (44.5%) of Woori Venture Partners Co., Ltd., to make it a wholly owned subsidiary.

On January 29, 2024, the Parent company’s percentage of ownership in Woori Asset Management Corp. after the merger between Woori Asset Management Corp. (the surviving company) and Woori Global Asset Management Co., Ltd. (the merged company) is 77.5%. On March 29, 2024, the Parent company acquired the remaining shares (22.5%) of Woori Asset Management Corp., pursuant to which Woori Asset Management Corp. became a wholly-owned subsidiary of the parent company.

On March 25, 2024, the Parent company participated in the capital increase amount and acquired the 1,062,045 shares (96.7% after acquiring shares, 79.4% including treasury shares) of Woori Asset Trust Co., Ltd. Additionally, on March 29, 2024, Woori Asset Trust Co., Ltd. conducted a complete retirement of its 738,000 treasury shares. In addition, as of April 8, 2024, the Parent company additionally acquired minority interests (2.0%) of Woori Asset Trust Co., Ltd. As of November 19, 2024, the Parent company additionally acquired minority interests (0.9%) of Woori Asset Trust Co., Ltd.

On August 1, 2024, The Parent company owned 97.1% interest in merged securities firm as a result of merger between Korea Foss Securities (the surviving company) and Woori Investment Bank Co., Ltd. (dissolution company), and acquired an additional 2.3% out of the remaining interest. The merged securities company also changed its name to Woori Investment Securities Co., Ltd.

On July 1, 2025, the Parent company acquired 77.9% of the shares (excluding treasury shares; 75.3% including treasury shares) of Tongyang Life Insurance Co., Ltd. and 100% of the shares of ABL Life Insurance Co., Ltd. and included them as subsidiaries.

On July 31, 2025, the Parent company acquired the remaining shares (0.4%) of Woori Asset Trust Co., Ltd., pursuant to which Woori Asset Trust Co., Ltd. became a wholly-owned subsidiary of the parent company.

On November 28, 2025, the Parent Company acquired an additional (0.20%) minority interest in Woori Investment Securities Co., Ltd. As of December 19, 2025, the Parent Company additionally acquired (0.10%) of the treasury shares held by Woori Investment Securities Co., Ltd., as well as an additional (0.20%) minority interest.

On January 5, 2026 and March 13, 2026, the Company acquired the residual interest (0.1%) of Woori Investment Securities Co., Ltd., to make it a wholly owned subsidiary.

(2)	Details of the Parent company and subsidiaries (hereinafter ‘Group’) as of June 30, 2026 and<br>December 31, 2025 are as follows:
		Percentage of ownership<br>(%)				Location		Financial<br>statements date
---	---	:---:	---	---	---	:---:	---	:---:	---
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Held by Woori Financial Group Inc.
Woori Bank	Bank		100.0		100.0		Korea		June 30
Tongyang Life Insurance Co., Ltd. (*1)	Life insurance		77.9		77.9		Korea		June 30
Woori Card Co., Ltd.	Finance		100.0		100.0		Korea		June 30
Woori Financial Capital Co., Ltd.	Finance		100.0		100.0		Korea		June 30
Woori Investment Securities Co., Ltd. (*1)	Securities brokerage		100.0		99.9		Korea		June 30

11 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)				Location	Financial<br>statements date
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
ABL Life Insurance Co., Ltd. (*1)	Life insurance		100.0		100.0	Korea	June 30
Woori Asset Trust Co., Ltd	Real estate trust		100.0		100.0	Korea	June 30
Woori Savings Bank	Mutual saving bank		100.0		100.0	Korea	June 30
Woori Financial F&I Co., Ltd.	Finance		100.0		100.0	Korea	June 30
Woori Asset Management Corp.	Finance		100.0		100.0	Korea	June 30
Woori Venture Partners	Other financial services		100.0		100.0	Korea	June 30
Woori Private Equity Asset Management Co., Ltd.	Finance		100.0		100.0	Korea	June 30
Woori Credit Information Co., Ltd.	Credit information		100.0		100.0	Korea	June 30
Woori Fund Service Co., Ltd.	Financial support service business		100.0		100.0	Korea	June 30
Woori FIS Co., Ltd.	System software development & maintenance		100.0		100.0	Korea	June 30
Woori Finance Research Institute Co., Ltd.	Other service business		100.0		100.0	Korea	June 30
Held by Woori Bank
Woori America Bank	Finance		100.0		100.0	America	June 30
Woori Global Markets Asia Limited	Finance		100.0		100.0	Hong Kong	June 30
Woori Bank China Limited	Finance		100.0		100.0	China	June 30
AO Woori Bank (*7)	Finance		100.0		100.0	Russia	June 30
PT Bank Woori Saudara Indonesia 1906 Tbk	Finance		90.8		90.8	Indonesia	June 30
Banco Woori Bank do Brasil S.A.	Finance		100.0		100.0	Brazil	June 30
Korea BTL Infrastructure Fund	Finance		99.9		99.9	Korea	June 30
Woori Finance Myanmar Co., Ltd.	Finance		100.0		100.0	Myanmar	June 30
Wealth Development Bank	Finance		51.0		51.0	Philippines	June 30
Woori Bank Vietnam Limited	Finance		100.0		100.0	Vietnam	June 30
Woori Bank (Cambodia) PLC	Finance		100.0		100.0	Cambodia	June 30
Woori Bank Europe	Finance		100.0		100.0	Germany	June 30
KAMCO Value Recreation First Securitization Specialty Co., Ltd. (2) (5)	Asset securitization		0.0		15.0	Korea	—
Jeonju Iwon Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Wonju I one Inc. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Heitz Third Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori hansoop 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori QS 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori Dream 2nd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori K 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori Display 3rd Co., Ltd. (2)(5)	Asset securitization		0.0		0.0	Korea	—
Woori HW 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori Dream 3rd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori SJS 1st Co., Ltd. (2) (5)	Asset securitization		0.0		0.0	Korea	—
SPG the 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori-HWC 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori HC 3rd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori HC 4th Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori SKR 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori H chemical 1st Co.,Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30
HE the 1st Co.,Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori Hub The 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori K The 3rd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori KF 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori L Yongsan 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori HP the 1st co.,Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori KF 2nd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori HW 2nd co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30

12 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)				Location	Financial<br>statements date
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Woori HR 2nd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori QS 2nd Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori Plasma 1st Co., Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
Woori EUGENE 1st Co.,Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORIWON 1ST, CO,.LIMITED. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI ENERBILITY 1ST, CO,.LIMITED. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI HL 1ST, CO,.LIMITED. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI PARC1. 2ND CO.,LTD (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI HEROS 1ST CO.,LTD. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI GANGNAM ALPHA 1ST CO.,LTD. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI BLOSSOM 1ST CO.,LTD. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI DK 1ST CO.,LTD. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI TECHONE 1ST CO.,LTD (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI TECHONE 2ND CO.,LTD (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI SONO 1ST CO.,LTD (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI SEOUL STATION AREA 1ST, CO,.LTD. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI NC 1ST CO.,LTD. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WOORI ELE 1ST CO.,LTD. (2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI AP 1ST CO.,LTD (2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI STEEL 2ND CO.,LTD. (2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI KF 3RD CO.,LTD (2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI KOREA 1ST CO.,LTD (2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI XI 1ST CO.,LTD. (2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI DREAM BIG 1^ST^ CO.,LTD<br>(2)(10)	Asset securitization		0.0		0.0	Korea	June 30
WOORI PROPERTY 1^ST^ CO.,LTD.<br>(2)(10)	Asset securitization		0.0		0.0	Korea	June 30
Heungkuk Global Private Placement Investment Trust No. 1 (*3)	Securities investment and others		98.8		98.8	Korea	June 30
AI Partners UK Water Supply Private Placement Investment Trust No.2 (*3)	Securities investment and others		97.3		97.3	Korea	June 30
Mirae Asset Multi Overseas Real Estate General Private Investment Trust No. 5-2 (*3)	Securities investment and others		99.0		99.0	Korea	June 30
IGIS Australia Investment Trust No. 209-1<br>(*3)	Securities investment and others		99.4		99.4	Korea	June 30
JB Airline Private Placement Investment Trust No.8 (3) (5)	Securities investment and others		0.0		97.0	Korea	—
Kiwoom Harmony Private Placement Investment Trust No. 1 (*3)	Securities investment and others		97.7		97.7	Korea	June 30
Kiwoom Harmony Private Placement Investment Trust No. 4 (*3)	Securities investment and others		96.2		96.2	Korea	June 30
Kiwoom Harmony Private Placement Investment Trust No. 9 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Partners General Type Private Investment Trust No.4 (*3)	Securities investment and others		99.0		99.0	Korea	June 30
Woori Partners General Type Private Investment Trust No.5 (3) (10)	Securities investment and others		99.0		—	Korea	June 30
Principal Guaranteed Trust (*4)	Trust		0.0		0.0	Korea	June 30

13 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Principal and Interest Guaranteed Trust (*4)	Trust		0.0		0.0	Korea	June 30
Held by Mirae Asset Multi Overseas Real Estate General Private Investment Trust No. 5-2
MAGI No.5 LuxCo S.a.r.l.	Asset securitization		54.6		54.6	Luxembourg	June 30
Held by MAGI No.5 LuxCo S.a.r.l.
ADP 16 Brussels (*5)	Asset securitization		—		100.0	Belgium	—
Held by Woori ESG Infrastructure Development General Private Investment Trust No. 1:
Woori Global Infrastructure Development Co., Ltd.	Other financial services		100.0		100.0	Korea	June 30
Namyangju Resource Circulation Facility Development Co., Ltd.	Other professional services		100.0		100.0	Korea	June 30
Held by Woori Card Co., Ltd.
TUTU Finance –WCI Myanmar Co., Ltd.	Finance		100.0		100.0	Myanmar	June 30
PT Woori Finance Indonesia Tbk.	Finance		84.5		84.5	Indonesia	June 30
Woori Card 2022-2 Asset Securitization Specialty Co.,<br>Ltd. (*2)	Asset securitization		0.5		0.5	Korea	June 30
Woori Card 2023-1 Asset Securitization Specialty Co.,<br>Ltd. (*2)	Asset securitization		0.5		0.5	Korea	June 30
Woori Card 2023-2 Asset Securitization Specialty Co.,<br>Ltd. (2) (5)	Asset securitization		—		0.5	Korea	—
Woori Card 2024-1 Asset Securitization Specialty Co.,<br>Ltd. (*2)	Asset securitization		0.5		0.5	Korea	June 30
Woori Card 2026-1 Asset Securitization Specialty Co.,<br>Ltd. (2) (10)	Asset securitization		0.5		—	Korea	June 30
Held by Woori Financial Capital Co., Ltd.
Specified Money Market Trust	Trust		100.0		100.0	Korea	June 30
Held by Woori Investment Securities Co., Ltd.
Seari Second Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
Namjong 1st Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
Bukgeum First Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
Bukgeum Second Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WS1909 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WS2003 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WS2006 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WH2103 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WN2103 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WH2106 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WiBee AK 1st Co.,Ltd. (*2)	Asset securitization		0.0		0.0	Korea	June 30
WiBee Sae-A 1st Co., Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30
WiBee Central 1st Co., Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30

14 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)				Location	Financial<br>statements date
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
WiBee Retail 1st Co., Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30
WiBee Smile AP 1st Co., Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30
Bridge Beta 1st Co., Ltd (*2)	Asset securitization		0.0		0.0	Korea	June 30
WiBee World 1st Co., Ltd. (2)(10)	Asset securitization		0.0		—	Korea	June 30
Balance Beta 1st Co., Ltd. (2)(10)	Asset securitization		0.0		—	Korea	June 30
Woori DS Banpo 1st Co., Ltd(2)(10)	Asset securitization		0.0		—	Korea	June 30
Pamerino 1st Co., Ltd (2)(10)	Asset securitization		0.0		—	Korea	June 30
Held by Tongyang Life Insurance Co., Ltd.
Tongyang Life Financial Service Co., Ltd	Insurance agents and brokers		100.0		100.0	Korea	June 30
Held by ABL Life Insurance Co., Ltd.
ABA Financial Service Co., Ltd	Insurance agents and brokers		100.0		100.0	Korea	June 30
Alceon Real Property Blind General Type Private Placement Investment Trust (3) (5)	Securities investment and others		—		100.0	Korea	—
Woori Park Square Payton General Type Private Investment Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Pantheon Metrics General Type Private Investment Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Held by Woori Asset Management Corp.
Woori Rooftop Solar Private Special Asset Investment Trust No.1 (*3)	Securities investment and others		40.1		40.1	Korea	June 30
Woori Following Foreigners Securities Sub-Investment<br>Master Fund [Equity] (3) (5)	Securities investment and others		—		100.0	Korea	—
Woori Following Foreigners 40 Securities Sub-Investment<br>Trust [Bond Mixed-Fund of Funds] Class C-F (3) (5)	Securities investment and others		—		31.3	Korea	—
Woori Following Foreigners Securities Sub-Investment Trust<br>[Equity] Class C-F (*3)	Securities investment and others		71.7		75.6	Korea	June 30
Woori Together TDF 2060 (3)(10)	Securities investment and others		69.6		—	Korea	June 30
Woori Physical AI BIG2 Plus Securities Investment Trust (Bond Balanced) Class C-F (3)(10)	Securities investment and others		100.0		—	Korea	June 30
Held by Woori Financial F&I Co., Ltd.
WI2203 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WM2203 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WNI2206 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WI2209 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WN2212 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WK2212 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WH2306 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30

15 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)				Location	Financial<br>statements date
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
WN2306 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WNKN2309 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WB2309 Securitization Specialty Co., Ltd.(*2)	Asset securitization		5.0		5.0	Korea	June 30
WI2311 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WSB2312 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WK2312 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WBS2312 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WK2403 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WH2403 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WSB2406 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WK2406 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WI2406 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WKN2406 Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WS2409 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WSB2409 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WDSB2503 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WHKN2506 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WK2509 Asset Securitization Specialty Co.,Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WH2509 Asset Securitization Specialty Co.,Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WI2511 Asset Securitization Specialty Co., Ltd. (*2)	Asset securitization		5.0		5.0	Korea	June 30
WH2603 Asset Securitization Specialty Co., Ltd. (2)(10)	Asset securitization		5.0		—	Korea	June 30
WI2603 Asset Securitization Specialty Co., Ltd. (2)(10)	Asset securitization		5.0		—	Korea	June 30
WK2606 Asset Securitization Specialty Co., Ltd. (2)(10)	Asset securitization		5.0		—	Korea	June 30
WI2606 Asset Securitization Specialty Co., Ltd. (2)(10)	Asset securitization		5.0		—	Korea	June 30
VOGO DL General Private Equity Investment Trust 1(3)(5)	Securities investment and others		—		99.4	Korea	—
WFBS 1st Corporate Recovery Private Equity Fund (*3)	Finance		96.2		96.2	Korea	June 30
Held by Woori Venture Partners Co.,Ltd.
Woori Venture Partners US	Other financial services		100.0		100.0	America	June 30
Held by Woori Bank, Woori Financial Capital Co., Ltd., and Woori Private Equity Asset Management<br>Co., Ltd. (*6)
Green ESG Growth No.1 Private Equity Fund(*3)	Securities investment and others		32.1		32.7	Korea	June 30
Woori New Growth Credit Fund 1(*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori PE Secondary Fund 1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30

16 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Held by Woori Financial Capital Co., Ltd., Woori Private Equity Asset Management Co., Ltd. and<br>Woori Investment Securities Co., Ltd. (*6)
Japanese Hotel Real Estate Private Equity Fund 1 (3) (5)	Securities investment and others		—		100.0	Korea	—
Held by Woori Bank, Woori Financial Capital Co., Ltd., Woori Investment Securities Co., Ltd.,<br>Woori Savings Bank and Woori Private Equity Asset Management Co., Ltd. (*6)
Woori Innovative Growth Professional Investment Type Private Investment Trust No.1 (*3)	Securities investment and others		90.0		90.0	Korea	June 30
Held by Woori Bank, Woori Financial Capital Co., Ltd., Woori Investment Securities Co., Ltd. and<br>Woori Private Equity Asset Management Co., Ltd. (*6)
Woori Innovative Growth Professional Investment Type Private Investment Trust No.2 (*3)	Securities investment and others		85.0		85.0	Korea	June 30
Woori Innovative Growth New Deal Private Investment Trust No.3 (*3)	Securities investment and others		94.3		94.3	Korea	June 30
Held by Woori Bank, Woori Financial Capital Co., Ltd., and Woori Investment Securities Co., Ltd.<br>(*6)
Woori GP Commitment Loan General Type Private Investment Trust No.1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Equity Bridge Loan General Type Private Investment Trust No.1 (3)(5)	Securities investment and others		—		80.0	Korea	—
Woori GP Commitment Loan General Type Private Investment Trust No.2 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori GP Commitment Loan General Type Private Investment Trust No.3 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Junior Equity General Type Private Investment Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Top-Class Senior and Junior Loan Private Investment<br>Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Top-Class Equity Fund of Funds Private Investment<br>Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori National Growth Matching General Private Investment Trust No.1 (3) (10)	Securities investment and others		100.0		—	Korea	June 30
Held by Woori Bank, Woori Financial Capital Co., Ltd., and Woori Asset Management Corp.<br>(*6)
Woori New Deal(Infrastructure) Policy Fund No.1(*3)	Securities investment and others		70.0		70.0	Korea	June 30

17 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Held by Woori bank and Woori Investment Securities Co., Ltd. (*6)
Woori Global Development Infrastructure Synergy Company Private Placement Investment Trust<br>No.1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori NorthAmerica Infra Private Placement Investment Trust No. 1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Infrastructure New Deal Specialized Investment Private Equity Investment Trust<br>No. 1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori General Type Private Real Estate Investment Trust No.2 (*3)	Securities investment and others		30.1		30.1	Korea	June 30
Woori ESG Infrastructure Development General Type Private Investment Trust No.1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Real Estate Blind Investment General Type Private Investment Trust No.1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Corporate Private Debt Investment Trust No. 1(3) (10)	Securities investment and others		100.0		—	Korea	June 30
Held by Woori bank (*6)
Woori WooriBank Partners General Type Private Investment Trust No.1 (3) (5)	Securities investment and others		—		92.6	Korea	June 30
Woori General Type Private Real Estate Investment Trust No.1 (*3)	Securities investment and others		86.8		86.8	Korea	June 30
Woori Global Mid-market Secondary General Type Private<br>Investment Trust No.1 (*3)	Securities investment and others		80.0		80.0	Korea	June 30
Woori Woori Bank Partners Professional Type Private Investment Trust No. 2 (*3)	Securities investment and others		90.9		90.9	Korea	June 30
Woori General Type Private Real Estate Investment Trust No.5 (*3)	Securities investment and others		87.0		87.0	Korea	June 30
Woori Global Secondary Private Placement Investment Trust No. 1 (*3)	Securities investment and others		98.8		98.8	Korea	June 30
Woori Japan Blind General Type Private Real Estate Feeder Investment Trust No.1 (*3)	Securities investment and others		99.9		99.9	Korea	June 30
Woori Clean Energy General Type Private Investment Trust No.2 (3) (5)	Securities investment and others		—		30.8	Korea	—
Woori ESG Infrastructure Development General Type Private Investment Trust No.2 (*3)	Securities investment and others		50.0		50.0	Korea	June 30
Woori Dongbu Underground Expressway General type Private Special Asset Investment Trust<br>(*3)	Securities investment and others		40.0		40.0	Korea	June 30
Woori Partners General Private Investment Trust No. 3 (*3)	Securities investment and others		90.9		90.9	Korea	June 30
Woori Natixis Partnership Global Private Debt Fund No.<br>1-1(USD) (*3)	Securities investment and others		80.0		80.0	Korea	June 30
Woori Natixis Partnership Global Private Debt Fund No.<br>1-2(EUR) (*3)	Securities investment and others		80.0		80.0	Korea	June 30

18 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Woori General Type Private Real Estate Investment Trust No.7 (*3)	Securities investment and others		87.0		87.0	Korea	June 30
Woori Baran-Namyang Expressway Private Special Asset Investment Trust (*3)	Securities investment and others		47.0		47.0	Korea	June 30
Woori Future City General Type Private Investment Trust No.1 (3)(10)	Securities investment and others		80.0		—	Korea	June 30
Held by Woori Bank and Tongyang Life Insurance Co., Ltd. (*6)
Woori Senior Loan General Type Private Investment Trust No.2 (*3)	Securities investment and others		54.0		54.0	Korea	June 30
Woori Senior Loan General Type Private Investment Trust No.3 (*3)	Securities investment and others		47.3		47.3	Korea	June 30
Held by ABL Life Insurance Co., Ltd. (*6)
Woori MDF V General Type Private Real Estate Investment Trust (*3)	Securities investment and others		50.0		50.0	Korea	June 30
Woori NewGen Energy ABL Private Investment Trust (*3)	Securities investment and others		33.3		33.3	Korea	June 30
Held by Woori Bank and Woori Financial Capital Co., Ltd. (*6)
Woori Renewable New Deal Fund No.1 (*3)	Securities investment and others		60.0		60.0	Korea	June 30
Woori Equity Investment General Type Private Investment Trust No.1 (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Busan Logistics Infra Private Placement Special Asset Investment Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Fund Financing General Type Private Investment Trust (*3)	Securities investment and others		99.3		99.3	Korea	June 30
Held by Woori Bank and Woori Asset Management Corp. (*6)
Woori General Type Private Real Estate Investment Trust No.6 (*3)	Securities investment and others		85.8		85.8	Korea	June 30
Woori Innovation Growth(Infrastructure) General Type Private Investment Trust No.2 (*3)	Securities investment and others		46.4		46.4	Korea	June 30
Held by Woori bank, Woori Investment Securities Co., Ltd., and Woori Asset Management Corp.<br>(*6)
Woori Real Estate Financial Stabilization General Private Investment Trust No. 1<br>(*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori Real Estate Financial Stabilization General Private Investment Trust No. 2<br>(*3)	Securities investment and others		100.0		100.0	Korea	June 30
Held by Woori Bank, Woori Card Co., Woori Investment Securities Co., Ltd. and Woori Financial<br>Capital Co., Ltd. (*6)
Woori FG Digital Investment Fund 1st (*3)	Securities investment and others		100.0		100.0	Korea	June 30

19 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership<br>(%)
Subsidiaries	Main business	June 30,<br>2026		December 31,<br>2025
Woori FG DINNO Lab Fund 1st (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Woori FG DINNO Lab Fund 2nd (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Held by Woori Bank, Woori Card Co., Woori Investment Securities Co., Ltd., Tongyang Life Insurance<br>Co., Ltd. and Woori Financial Capital Co., Ltd. (*6)
Woori FG DINNO Lab Fund 3rd (3) (10)	Securities investment and others		100.0		—	Korea	June 30
Held by Woori Bank, Woori Financial Capital Co., Ltd. and Tongyang Life Insurance Co., Ltd.<br>(*6)
Woori Senior Loan Private Placement Investment Trust No.1 (*3)	Securities investment and others		32.0		32.0	Korea	June 30
Held by Woori Bank, Woori Card Co., Woori Financial Capital Co., Ltd., Woori Investment Securities<br>Co., Ltd., Tongyang Life Insurance Co., Ltd., ABL Life Insurance Co., Ltd. and Woori Asset Management Co., Ltd. (*6)
Woori Future Co-Growth High-tech Strategic Industries<br>Private Investment Trust (*3)	Securities investment and others		100.0		100.0	Korea	June 30
Held by Woori Bank and Woori Private Equity Asset Management Co., Ltd. (*6)
Woori Corporate Turnaround No.1 Private Equity Fund (*3)	Securities investment and others		35.3		35.3	Korea	June 30
Held by Woori Bank, Woori Financial Capital Co., Ltd., Woori Venture Partners Co., Ltd.<br>(*6)
Woori 2026 Global Venture Fund (3)(10)	Other financial services		100.0		—	Korea	June 30
Held by Woori Bank, Woori Asset Management Corp., Woori Investment Securities Co., Ltd., ABL Life<br>Insurance Co., Ltd. (*6)
Woori Regional Development Infrastructure Fund No.1 (3)(10)	Other financial services		100.0		0	Korea	June 30
Held by Woori Japan Blind General Type Private Real Estate Feeder Investment Trust No.1<br>(*6)
Woori Private Placement Investment Trust No. 3 (3) (8)	Securities investment and others		76.5		76.5	Korea	June 30
Held by Woori Private Placement Investment Trust No. 3
GK Woorido(*3)	Other financial services		100.0		100.0	Japan	March 31 (*9)
(*1)	On January 5 and March 13, 2026, the Parent Company acquired the remaining shares (0.1%) of Woori<br>Investment Securities Co., Ltd., thereby making Woori Investment Securities Co., Ltd. a wholly owned subsidiary of the Parent Company. In 2025, the Parent Company acquired 77.9% of the shares (excluding treasury shares; 75.3% including treasury<br>shares) of Tongyang Life Insurance Co., Ltd. and 100% of the shares of ABL Life Insurance Co., Ltd., thereby including them as subsidiaries.
:---	:---

20 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(*2)	The entity is a structured entity for the purpose of asset securitization. Although the Group is not a majority<br>shareholder, the Group 1) has the power over the investee, 2) is exposed to or has rights to variable returns from its involvement with the investee, and 3) has the ability to use its power to affect its returns.
(*3)	The entity is a structured entity for the purpose of investment in securities. Although the Group is not a<br>majority shareholder, the Group 1) has the power over the investee, 2) is exposed to or has rights to variable returns from its involvement with the investee, and 3) has the ability to use its power to affect its returns.
:---	:---
(*4)	The entity is a ‘money trust’ under the Financial Investment Services and Capital Markets Act.<br>Although the Group is not a majority shareholder, the Group 1) has the power over the investee, 2) is exposed to or has rights to variable returns from its involvement with the investee, and 3) has the ability to use its power to affect its returns.
:---	:---
(*5)	Companies are excluded from the consolidation as of June 30, 2026.
:---	:---
(*6)	Determined that the Group controls the investees, considering the Group 1) has the power over the investee, 2)<br>is exposed to or has rights to variable returns from its involvement with the investee, and 3) has the ability to use its power to affect its returns, by two or more subsidiaries’ investment or operation.
:---	:---
(*7)	The Russia – Ukraine conflict has been escalated in February 2022, and international sanctions were<br>imposed on Russia. Due to the sanctions, the Group may experience situations such as a decrease in value of financial assets or operating assets owned by the Group regarding the conflict, an increase in receivable payment terms, limitation to<br>transfer funds, decrease in the profit. As of June 30, 2026, the Group expects such conflict and sanctions would have financial impacts on the business of AO Woori Bank, one of the subsidiaries, in the future. However, the Group cannot<br>reasonably predict the financial impacts.
:---	:---
(*8)	As a master-feeder fund, it is the percentage of the feeder fund’s ownership in the master fund.
:---	:---
(*9)	As the financial statements for the end of the reporting period were not available, the most recent financial<br>statements available as of the reporting date were used.
:---	:---
(*10)	Companies are included in the consolidation during the period ended June 30, 2026.
:---	:---
(3)	The Group has not consolidated the following entities as of June 30, 2026 and December 31, 2025<br>despite having more than 50% ownership interest:
:---	:---
	As of June 30, 2026
---	:---:	---	---	---	---	---
Subsidiaries	Location		Main Business		Percentage of<br>ownership (%)
Mirae Asset Maps Clean Water Private Equity Investment Trust 7th (*1)	Korea		Securities Investment			59.7
Kiwoom Yonsei Private Equity Investment Trust (*1)	Korea		Securities Investment			88.9
IGIS Europe Private Placement Real Estate Fund<br>No. 163-2 (*2)	Korea		Securities Investment			97.8
IGIS Global Private Placement Real Estate Fund<br>No. 148-1 (*1)	Korea		Securities Investment			75.0
IGIS Global Private Placement Real Estate Fund<br>No. 148-2 (*1)	Korea		Securities Investment			75.0
Mirae Asset Seoul Ring Expressway Private Special Asset Fund No. 1 (*1)	Korea		Securities Investment			66.7
Hangang Blue Water Private Placement Special Asset Investment Trust (*1)	Korea		Securities Investment			55.6
Korea Investment Pocheon-Hwado Highway Private Special Asset Trust 2 (*1)	Korea		Securities Investment			55.2
Midas Global Private Placement Real Estate Investment Trust<br>No. 7-2 (*1)	Korea		Securities Investment			58.3
Samsung Together Korea IPPF private securities investment trust 3<br>[Equity-FoFs] (*3)	Korea		Securities Investment			100.0
INMARK France Private Placement Investment Trust<br>No. 18-1 (*1)	Korea		Securities Investment			93.8
Kiwoom Vibrato Private Placement Investment Trust<br>1-W() (*2)	Korea		Securities Investment			99.5
KOTAM Global Infra Private Fund 1-4 (*2)	Korea		Securities Investment			99.7
UBSHana Class 1 Special Asset Investment Trust 3 Class C 2 (*1)	Korea		Securities Investment			51.0
Consus GyeongJu Green Specialized Private Special Asset Investment Trust 1 (*1)	Korea		Securities Investment			50.0
Kiwoom Harmony Private Placement Investment Trust No. 3 (*1)	Korea		Securities Investment			77.3
Kiwoom Aurora General Type Private Placement Investment Trust No. 2 (*1)	Korea		Securities Investment			60.0
NH-Amundi WSCP VIII Private Fund 2 (*1)	Korea		Securities Investment			65.2
AI Partners Global Infrastructure Specialized Privately Placed Feeder Fund Trust<br>No. 2 (*2)	Korea		Securities Investment			100.0
Hangang new deal infra BTL fund 4 (HNBF4) (*1)	Korea		Securities Investment			60.0
IGIS Global Private Placement Real Estate Fund<br>No. 316-1(*2)	Korea		Securities Investment			99.3
INMARK Spain Private Placement Real Estate Investment Trust<br>No. 26-2 (*2)	Korea		Securities Investment			97.7
Woori Asset Global Partnership Fund No.5(*4)	Korea		Securities Investment			57.7
Kiwoom Harmony Private Placement Investment Trust No. 6 (*1)	Korea		Securities Investment			76.9
Project Chile PMGD Solar (*2)	Korea		Securities Investment			75.2
NH-Amundi BXD Private Fund 2[FoF] (*2)	Korea		Securities Investment			77.8
Hangang Green Environment Private Placement Special Asset Investment Trust (*1)	Korea		Securities Investment			50.0
KB Social Infra BTL private placement Special Asset Investment Trust(*1)	Korea		Securities Investment			78.7
KIAMCO Daejang Hongdaeseon Private Special Asset Investment Trust (*1)	Korea		Securities Investment			76.6
KB Nongsok Sewage Treatment Facility Private Special Asset Investment Trust (*1)	Korea		Securities Investment			80.0
Pacific No.70 General Private Real Estate Investment Trust (*1)	Korea		Securities Investment			53.8

All values are in Euros.

21 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	As of June 30, 2026
Subsidiaries	Location	Main Business	Percentage of<br>ownership (%)
Rifa Qualified Investors Private Real Estate Investment Trust No.40 (*2)	Korea	Securities Investment		55.0
Alceon Australia Alternative General Private Investment Trust No.1 (*2)	Korea	Securities Investment		100.0
KB NA Sound Point Private Special Asset Fund 3(*2)	Korea	Securities Investment		100.0
Alceon Australia RDS General Type Private Placement Investment Trust 1(*2)	Korea	Securities Investment		100.0
NH-Amundi Transport Infra Private Fund No. 1<br>(*2)	Korea	Securities Investment		100.0
Hanwha Global Infrastructure Private Fund 39 (*2)	Korea	Securities Investment		100.0
Alceon Dorchester Credit Secondary General Type Private Placement Investment<br>Trust (*2)	Korea	Securities Investment		100.0
Alceon PRISM Global Credit Secondary General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		100.0
Alceon Australia Alternative General Private Investment Trust No.2 (*2)	Korea	Securities Investment		99.9
Alceon Digital Infrastructure General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		99.9
IGIS Global Secondary Private Investment Trust<br>No. 504-1 (*2)	Korea	Securities Investment		99.9
Alceon Park Square Europe Private Credit General Type Private Placement Investment Trust<br>(*2)	Korea	Securities Investment		99.9
Alpha Private Debt Blind General Private Investment Trust (*2)	Korea	Securities Investment		99.8
Alceon SOF III General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		99.9
IGIS European Private Placement Real Estate Investment Trust<br>No. 521-1 (*2)	Korea	Securities Investment		99.7
IGIS European Private Placement Real Estate Investment Trust<br>No. 521-2 (*2)	Korea	Securities Investment		99.7
NH-Amundi Europe Direct Lending Private Fund No. 4<br>(*2)	Korea	Securities Investment		99.5
Koramco Europe Infra Private Special Asset Investment Trust No. 1 (*2)	Korea	Securities Investment		99.0
Koramco Global Infra Private Special Asset Investment Trust No. 1 (*2)	Korea	Securities Investment		99.0
Koramco Global Private Credit Private Special Asset Investment Trust No. 1-1 (*2)	Korea	Securities Investment		99.0
Kiwoom ASM Private Investment Trust[FoFs] (*2)	Korea	Securities Investment		98.1
KEB Hana Bank as trustee of Hyundai Investments Private Fund No.41 (*2)	Korea	Securities Investment		55.6
IBK SeAH Solar Power Generation Private Securities Investment Fund(SOC) (*1)	Korea	Securities Investment		50.0
Koramco PRISM Real Estate Debt Blind Private Real Estate Investment Trust (*2)	Korea	Securities Investment		99.9
Koramco Global Private Credit Private Special Asset Investment Trust No. 1-2 (*2)	Korea	Securities Investment		99.0
Kiwoom PRISM General Private Investment Trust (*2)	Korea	Securities Investment		99.9
Kookmin Bank acting as Trustee of Kiwoom Andante Private Investment Trust (*2)	Korea	Securities Investment		99.8
Kookmin Bank Acting as Trustee of Kiwoom Moderato Private Securities Investment Trust<br>I (*2)	Korea	Securities Investment		99.7
Kiwoom Europe Infra A.I. Private Type Investment Trust III (*2)	Korea	Securities Investment		99.8
Kiwoom Global Infra A.I. Private Type Investment Trust II (*2)	Korea	Securities Investment		98.8
Kookmin Bank acting as Trustee of Kiwoom AGPS Private Investment Trust (*2)	Korea	Securities Investment		99.9
Kiwoom Europe Infra A.I. Private Type Investment Trust IX (*2)	Korea	Securities Investment		98.1
Alceon Real Infrastructure Blind General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		100.0
Hanwha Global Infrastructure Private Fund 31 (*2)	Korea	Securities Investment		98.4
IGIS U.S. Private Placement Real Estate Investment Trust<br>No. 469-1 (*2)	Korea	Securities Investment		99.6
IGIS U.S. Private Placement Real Estate Investment Trust<br>No. 469-2 (*2)	Korea	Securities Investment		99.6
Alceon Australia RDS General Type Private Placement Investment Trust 2 (*2)	Korea	Securities Investment		99.9
Alceon Australia RDS General Type Private Placement Investment Trust 3 (*2)	Korea	Securities Investment		99.3
KB NB Private Investment Trust No. 4 (*2)	Korea	Securities Investment		57.1
KB Sound Point Strategic Private Special Asset Fund 1 (*2)	Korea	Securities Investment		99.9
Alceon Real Property Blind General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		100.0
Woori PE APA Private Investment Trust (*2)	Korea	Securities Investment		99.8
AP K-Beauty Investment Fund 1 (*5)	Korea	Securities Investment		68.2
Renaissance KOSDAQ Venture Beauty Privately Placed Fund (*1)	Korea	Securities Investment		88.9
Hanwha Abu Dhabi Gas Infrastructure General Private Special Asset Investment Trust<br>No.1 (*1)	Korea	Securities Investment		62.2
Dabi Hana Inje Gwan-sa BTL Private Special Asset<br>Investment Trust (*1)	Korea	Securities Investment		50.0
KIAMCO Siwha Jeongwang Logistics Development Private Real Estate Investment Trust<br>No.1 (*1)	Korea	Securities Investment		50.0

22 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(*1)	The Group does not have power over the discretionary fund because the fund manager has the sole authority to<br>decide the relevant activities of the investee. The fund manager’s delegated power is exercised not only for the Group, but also for other investors as well. The Group does not have the power over the fund’s activities even though it<br>holds more than 50% of ownership interest.
(*2)	The Group does not have power over the fund of funds because the Group cannot decide the relevant activities of<br>the fund through the related contract. The Group does not have the power over the fund’s activities even though it holds more than 50% of ownership interest.
:---	:---
(*3)	The Group does not have power over the stock market stabilization fund as the fund’s relevant activities<br>are determined by the management committee, over which the Group does not have substantial control. The Group does not have the power over the fund’s activities even though it holds more than 50% of ownership interest.
:---	:---
(*4)	In this fund, one of the parties holds substantive removal rights and can remove the collective investment<br>business operator. Consequently, the Group has no control as it exercises decision-making rights as agent.
:---	:---
(*5)	Decision-making authority over investment-related activities of the investment partnership is vested in the<br>general partner, and the Group cannot directly or indirectly determine the relevant activities of the partnership. In addition, the authority of the general partner cannot be regarded as being exercised solely for the benefit of the Group.<br>Therefore, even if the Group holds a majority ownership interest, it does not have power over the relevant activities of the partnership and, accordingly, does not have control over the partnership.
:---	:---

23 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	As of December 31, 2025
Subsidiaries	Location	Main Business	Percentage of<br>ownership (%)
Mirae Asset Maps Clean Water Private Equity Investment Trust 7th (*1)	Korea	Securities Investment		59.7
Kiwoom Yonsei Private Equity Investment Trust (*1)	Korea	Securities Investment		88.9
IGIS Europe Private Placement Real Estate Fund<br>No. 163-2 (*2)	Korea	Securities Investment		97.8
IGIS Global Private Placement Real Estate Fund<br>No. 148-1 (*1)	Korea	Securities Investment		75.0
IGIS Global Private Placement Real Estate Fund<br>No. 148-2 (*1)	Korea	Securities Investment		75.0
Mirae Asset Seoul Ring Expressway Private Special Asset Fund No. 1 (*1)	Korea	Securities Investment		66.7
Hangang Blue Water Private Placement Special Asset Investment Trust (*1)	Korea	Securities Investment		55.6
Korea Investment Pocheon-Hwado Highway Private Special Asset Trust 2 (*1)	Korea	Securities Investment		55.2
Midas Global Private Placement Real Estate Investment Trust<br>No. 7-2 (*1)	Korea	Securities Investment		58.3
Samsung Together Korea IPPF private securities investment trust 3 [Equity-FoFs] (*3)	Korea	Securities Investment		100.0
INMARK France Private Placement Investment Trust<br>No. 18-1 (*1)	Korea	Securities Investment		93.8
Kiwoom Vibrato Private Placement Investment Trust 1-W()<br>(*2)	Korea	Securities Investment		99.5
KOTAM Global Infra Private Fund 1-4 (*2)	Korea	Securities Investment		99.7
UBSHana Class 1 Special Asset Investment Trust 3 Class C 2 (*1)	Korea	Securities Investment		51.0
Consus GyeongJu Green Specialized Private Special Asset Investment Trust 1 (*1)	Korea	Securities Investment		50.0
Kiwoom Harmony Private Placement Investment Trust No. 3 (*1)	Korea	Securities Investment		77.3
Kiwoom Aurora General Type Private Placement Investment Trust No. 2 (*1)	Korea	Securities Investment		60.0
NH-Amundi WSCP VIII Private Fund 2 (*1)	Korea	Securities Investment		65.2
AI Partners Global Infrastructure Specialized Privately Placed Feeder Fund Trust No. 2<br>(*2)	Korea	Securities Investment		100.0
Hangang new deal infra BTL fund 4 (HNBF4) (*1)	Korea	Securities Investment		60.0
IGIS Global Private Placement Real Estate Fund<br>No. 316-1(*2)	Korea	Securities Investment		99.3
INMARK Spain Private Placement Real Estate Investment Trust<br>No. 26-2 (*2)	Korea	Securities Investment		97.7
Woori Asset Global Partnership Fund No.5(*4)	Korea	Securities Investment		57.7
Kiwoom Harmony Private Placement Investment Trust No. 6 (*1)	Korea	Securities Investment		76.9
Project Chile PMGD Solar (*2)	Korea	Securities Investment		75.2
NH-Amundi BXD Private Fund 2[FoF] (*2)	Korea	Securities Investment		77.8
Rifa Qualified Investors Private Real Estate Investment Trust No.40 (*2)	Korea	Securities Investment		55.0
Hangang Green Environment Private Placement Special Asset Investment Trust (*1)	Korea	Securities Investment		50.0
KB Nongsok Sewage Treatment Facility Private Special Asset Investment Trust (*1)	Korea	Securities Investment		80.0
KIAMCO Daejang Hongdaeseon Private Special Asset Investment Trust (*1)	Korea	Securities Investment		76.6
Renaissance KOSDAQ Venture Beauty Privately Placed Fund (*1)	Korea	Securities Investment		88.9
KIAMCO Siwha Jeongwang Logistics Development Private Real Estate Investment Trust No.1<br>(*2)	Korea	Securities Investment		50.0
Dabi Hana Inje Gwan-sa BTL Private Special Asset<br>Investment Trust (*2)	Korea	Securities Investment		50.0
Alceon Australia Alternative General Private Investment Trust No.1 (*2)	Korea	Securities Investment		100.0
KB NA Sound Point Private Special Asset Fund 3(*2)	Korea	Securities Investment		100.0
Alceon Australia RDS General Type Private Placement Investment Trust 1(*2)	Korea	Securities Investment		100.0
NH-Amundi Transport Infra Private Fund No. 1<br>(*2)	Korea	Securities Investment		100.0
Hanwha Global Infrastructure Private Fund 39 (*2)	Korea	Securities Investment		100.0
Alceon Dorchester Credit Secondary General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		100.0
Alceon PRISM Global Credit Secondary General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		99.9
Alceon Australia Alternative General Private Investment Trust No.2 (*2)	Korea	Securities Investment		99.9
Alceon Digital Infrastructure General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		99.9
IGIS Global Secondary Private Investment Trust<br>No. 504-1 (*2)	Korea	Securities Investment		99.9
Alceon Park Square Europe Private Credit General Type Private Placement Investment Trust<br>(*2)	Korea	Securities Investment		99.9
Alpha Private Debt Blind General Private Investment Trust (*2)	Korea	Securities Investment		99.8
Alceon SOF III General Type Private Placement Investment Trust (*2)	Korea	Securities Investment		99.8
IGIS European Private Placement Real Estate Investment Trust<br>No. 521-1 (*2)	Korea	Securities Investment		99.7
IGIS European Private Placement Real Estate Investment Trust<br>No. 521-2 (*2)	Korea	Securities Investment		99.7
NH-Amundi Europe Direct Lending Private Fund No. 4<br>(*2)	Korea	Securities Investment		99.5
Koramco Europe Infra Private Special Asset Investment Trust No. 1 (*2)	Korea	Securities Investment		99.0
Koramco Global Infra Private Special Asset Investment Trust No. 1 (*2)	Korea	Securities Investment		99.0

All values are in Euros.

24 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		As of December 31, 2025
Subsidiaries		Location	Main Business	Percentage of<br>ownership (%)
Koramco Global Private Credit Private Special Asset Investment Trust No. 1-1 (*2)		Korea	Securities Investment		99.0
Kiwoom ASM Private Investment Trust[FoFs] (*2)		Korea	Securities Investment		98.1
KEB Hana Bank as trustee of Hyundai Investments Private Fund No.41 (*2)		Korea	Securities Investment		55.6
IBK SeAH Solar Power Generation Private Securities Investment Fund(SOC) (*2)		Korea	Securities Investment		50.0
Koramco PRISM Real Estate Debt Blind Private Real Estate Investment Trust (*2)		Korea	Securities Investment		99.9
Koramco Global Private Credit Private Special Asset Investment Trust No. 1-2 (*2)		Korea	Securities Investment		99.0
Kiwoom PRISM General Private Investment Trust (*2)		Korea	Securities Investment		99.9
Kookmin Bank acting as Trustee of Kiwoom Andante Private Investment Trust (*2)		Korea	Securities Investment		99.8
Kookmin Bank Acting as Trustee of Kiwoom Moderato Private Securities Investment Trust I<br>(*2)		Korea	Securities Investment		99.7
Kiwoom Europe Infra A.I. Private Type Investment Trust III (*2)		Korea	Securities Investment		99.8
Kiwoom Global Infra A.I. Private Type Investment Trust II (*2)		Korea	Securities Investment		98.8
Kookmin Bank acting as Trustee of Kiwoom AGPS Private Investment Trust (*2)		Korea	Securities Investment		99.9
Kiwoom Europe Infra A.I. Private Type Investment Trust IX (*2)		Korea	Securities Investment		98.1
Alceon Real Infrastructure Blind General Type Private Placement Investment<br>Trust (*2)		Korea	Securities Investment		100.0
Hanwha Global Infrastructure Private Fund 31 (*2)		Korea	Securities Investment		98.4
IGIS U.S. Private Placement Real Estate Investment Trust<br>No. 469-1 (*2)		Korea	Securities Investment		99.6
IGIS U.S. Private Placement Real Estate Investment Trust<br>No. 469-2 (*2)		Korea	Securities Investment		99.6
Alceon Australia RDS General Type Private Placement Investment Trust 2 (*2)		Korea	Securities Investment		50.5
Alceon Australia RDS General Type Private Placement Investment Trust 3 (*2)		Korea	Securities Investment		99.3
KB NB Private Investment Trust No. 4 (*2)		Korea	Securities Investment		57.1
Pacific No.70 General Private Real Estate Investment Trust (*1)		Korea	Securities Investment		53.8
Hanwha Abu Dhabi Gas Infrastructure General Private Special Asset Investment Trust<br>No.1 (*1)		Korea	Securities Investment		62.2
(*1)	The Group does not have power over the discretionary fund because the fund manager has the sole authority to<br>decide the relevant activities of the investee. The fund manager’s delegated power is exercised not only for the Group, but also for other investors as well. The Group does not have the power over the fund’s activities even though it<br>holds more than 50% of ownership interest.
:---	:---
(*2)	The Group does not have power over the fund of funds because the Group cannot decide the relevant activities of<br>the fund through the related contract. The Group does not have the power over the fund’s activities even though it holds more than 50% of ownership interest.
:---	:---
(*3)	The Group does not have power over the stock market stabilization fund as the fund’s relevant activities<br>are determined by the management committee, over which the Group does not have substantial control. The Group does not have the power over the fund’s activities even though it holds more than 50% of ownership interest.
:---	:---
(*4)	In this fund, one of the parties holds substantive removal rights and can remove the collective investment<br>business operator. Consequently, the Group has no control as it exercises decision-making rights as agent.
:---	:---

25 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	The summarized financial information of the major subsidiaries is as follows. The financial information of each<br>subsidiary was prepared on the basis of consolidated financial statements. (Unit: Korean Won in millions):
		As of June 30, 2026						For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---
Subsidiaries		Assets			Liabilities			Operating<br>revenue			Net<br>income(loss)<br>attributable<br>to owners			Total<br>comprehensive<br>income(loss)<br>attributable to<br>owners
Woori Bank			531,262,370			499,717,338			21,189,268			1,372,953			3,072,125
Tongyang Life Insurance Co., Ltd.			35,508,712			32,689,280			2,444,577			98,082			725,715
Woori Card Co., Ltd.			18,510,113			15,544,678			1,228,555			94,479			110,446
Woori Financial Capital Co., Ltd.			12,985,257			11,103,927			972,245			76,897			77,805
Woori Investment Securities Co., Ltd.			12,701,392			10,473,876			395,540			24,725			26,989
ABL Life Insurance Co., Ltd.			19,340,202			18,533,065			2,047,754			16,698			125,761
Woori Asset Trust Co., Ltd.			319,277			66,121			43,021			13,555			13,802
Woori Savings Bank			2,265,290			2,046,253			67,990			11,323			11,201
Woori Financial F&I Co., Ltd.			1,642,156			1,305,478			37,941			(4,393	)		(4,393	)
Woori Asset Management Corp.			213,905			21,544			43,062			18,628			18,655
Woori Venture Partners Co., Ltd.			426,620			47,581			46,420			30,018			30,350
Woori Private Equity Asset Management Co., Ltd.			120,593			9,053			20,554			11,785			11,697
Woori Credit Information Co., Ltd.			44,427			6,677			17,480			5			136
Woori Fund Service Co., Ltd.			34,934			2,664			9,956			2,329			2,329
Woori FIS Co., Ltd.			54,858			8,692			91,400			(331	)		(374	)
Woori Finance Research Institute Co., Ltd.			6,134			2,811			4,578			(575	)		(596	)
		As of December 31, 2025						For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---
Subsidiaries		Assets			Liabilities			Operating<br>revenue			Net<br>income(loss)<br>attributable<br>to owners			Total<br>comprehensive<br>income(loss)<br>attributable to<br>owners
Woori Bank			502,846,197			473,158,744			20,717,495			1,557,693			1,261,801
Tongyang Life Insurance Co., Ltd. (*)			35,444,959			33,351,243			—			—			—
Woori Card Co., Ltd.			17,512,741			14,620,417			1,213,759			76,061			59,365
Woori Financial Capital Co., Ltd.			12,361,366			10,523,678			934,030			67,350			67,307
Woori Investment Securities Co., Ltd.			9,706,286			8,504,657			239,552			17,142			34,105
ABL Life Insurance Co., Ltd. (*)			19,609,549			18,928,173			—			—			—
Woori Asset Trust Co., Ltd.			302,661			63,308			39,516			(89,998	)		(90,050	)
Woori Savings Bank			2,061,407			1,853,571			66,894			11,232			12,021
Woori Financial F&I Co., Ltd.			1,271,613			930,542			41,601			2,064			2,064
Woori Asset Management Corp.			204,188			24,860			31,212			8,549			8,503
Woori Venture Partners Co., Ltd.			382,040			28,151			10,542			21,378			21,141
Woori Private Equity Asset Management Co., Ltd.			106,003			6,161			5,819			778			865
Woori Credit Information Co., Ltd.			45,455			7,581			18,720			293			144
Woori Fund Service Co., Ltd.			33,882			2,665			8,963			1,998			1,998
Woori FIS Co., Ltd.			52,554			6,015			88,319			(1,354	)		(1,365	)
Woori Finance Research Institute Co., Ltd.			7,469			3,550			4,373			(454	)		(467	)
(*)	Additional investment occurred and added it as a consolidated subsidiary during the year ended<br>December 31, 2025.
:---	:---

26 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(5)	The financial support that the Group provides to consolidated structured entities is as follows:
-	Structured entity for asset securitization
:---	:---

The structured entity which is established for the purpose of securitization of project financing loans, corporate bonds, and other financial assets. The Group is involved with the structured entity through provision of credit facility over asset-backed commercial papers issued by the entity, originating loans directly to the structured entity, or purchasing 100% of the subordinated debts issued by the structured entity.

-	Structured entity for the investments in securities

The structured entity is established for the purpose of investments in securities. The Group acquires beneficiary certificates through its contribution of funding to the structured entity by the Group, and it is exposed to the risk that it may not be able to recover its fund depending on the result of investment performance of asset managers of the structured entity.

-	Money trust under the Financial Investment Services and Capital Markets Act

The Group provides with financial guarantee of principal and interest or solely principal to some of its trust products. Due to the financial guarantees, the Group may be obliged when the principal and interest or principal of the trust product sold is short of the guaranteed amount depending on the result of investment performance of the trust product.

As of June 30, 2026 and December 31, 2025, the Group provides 2,849,028 million Won and 2,429,099 million Won of credit facilities, respectively, for the structured entities mentioned above. As of June 30, 2026 and December 31, 2025, the purchase commitment amounts to 5,104,588 million Won and 3,638,934 million Won, respectively.

27 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(6)	As of June 30, 2026 and December 31, 2025, the share of<br>non-controlling interests on the net income and equity of subsidiaries in which non-controlling interests are significant are as follows: (Unit: Korean Won in millions):
1)	Accumulated non-controlling interests at the end of the reporting<br>period
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Woori Bank (*1)			1,406,512			1,406,512
Tongyang Life Insurance Co., Ltd.			466,339			305,892
Woori Investment Securities Co., Ltd. (*2)			—			1,386
PT Bank Woori Saudara Indonesia 1906 Tbk			82,540			89,767
Wealth Development Bank			22,835			22,292
PT Woori Finance Indonesia Tbk.			16,576			15,446
(*1)	Hybrid securities issued by Woori Bank
:---	:---
(*2)	Additional minority interests were acquired, resulting in the entity becoming a wholly owned subsidiary during<br>the six-month period ended june 30, 2026.
:---	:---
2)	Net income attributable to non-controlling interests
:---	:---
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---	---	---
		2026				2025
Woori Bank (*)			42,929				47,749
Tongyang Life Insurance Co., Ltd.			21,712				—
Woori Investment Securities Co., Ltd.			4				84
Woori Asset Trust Co., Ltd.			—				(372	)
PT Bank Woori Saudara Indonesia 1906 Tbk			(8,184	)			(5,584	)
Wealth Development Bank			(204	)			(205	)
PT Woori Finance Indonesia Tbk.			746				593
(*)	Distribution of the hybrid securities issued by Woori Bank
:---	:---
3)	Dividends to non-controlling interests
:---	:---
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---
		2026			2025
Woori Bank (*)			42,929			47,749
PT Bank Woori Saudara Indonesia 1906 Tbk			—			983
Others			16			16
(*)	Distribution of the hybrid securities issued by Woori Bank
:---	:---

28 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

2.	BASIS OF PREPARATION AND MATERIAL ACCOUNTING POLICIES

The accompanying consolidated interim financial statements have been condensed, restructured and translated into English from the Korean language financial statements. The Group’s condensed consolidated interim financial statements are condensed interim financial statements prepared in applying International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) 1034 Interim Financial Reporting for some periods in which the annual consolidated financial statements belong. It is necessary to use the Group’s annual consolidated financial statements for the year ended December 31, 2025 for understanding of the accompanying condensed consolidated interim financial statements. The accompanying condensed consolidated interim financial statements contain less information compared to the information required in the annual financial statements. Selective footnotes include explanations of transactions or events that are significant for understanding the changes in the financial position and performance of the Group since the end of the previous annual reporting period.

(1)	From the accounting period beginning on January 1, 2026, the Group has newly applied the following<br>standards and interpretations.

Amendments to Korean IFRS 1109 Financial Instruments, Korean IFRS 1107 Financial Instruments: Disclosures

Korean IFRS 1109 Financial Instruments and Korean IFRS 1107 Financial Instruments: Disclosures have been amended to respond to recent questions arising in practice, and to include new requirements. The amendments should be applied for annual periods beginning on or after January 1, 2026, and earlier application is permitted. The amendments do not have a significant impact on the financial statements.

•	clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception<br>for some financial liabilities settled through an electronic cash transfer system;
•	clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal<br>and interest (SPPI) criterion;
:---	:---
•	add new disclosures of impact on the entity and the extent to which the entity is exposed for each type of<br>financial instruments if the timing or amount of contractual cash flow changes due to amendment of contract term; and
:---	:---
•	update the disclosures for equity instruments designated at fair value through other comprehensive income<br>(FVOCI).
:---	:---

29 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Annual Improvements to Korean IFRS

Annual Improvements to Korean IFRS should be applied for annual periods beginning on or after January 1, 2026, and earlier application is permitted. The amendments do not have a significant impact on the consolidated financial statements.

•	Korean IFRS 1101 First-time Adoption of International Financial Reporting Standards: Hedge accounting by a<br>first-time adopter
•	Korean IFRS 1107 Financial Instruments: Disclosures: Gain or loss on derecognition and implementation<br>guidance
:---	:---
•	Korean IFRS 1109 Financial Instruments: Derecognition of lease liabilities and definition of<br>transaction price
:---	:---
•	Korean IFRS 1110 Consolidated Financial Statements: Determination of a ‘de facto<br>agent’
:---	:---
•	Korean IFRS 1007 Statement of Cash Flows: Cost method
:---	:---

Amendments to K-IFRS 1109 ‘Financial Instruments’ and K-IFRS 1107 ‘Financial Instruments: Disclosures—Contracts Referencing Nature-dependent Electricity’

Contracts referencing nature-dependent electricity are defined contracts that expose an entity to variability in the underlying amount of electricity because the source of electricity generation depends on uncontrollable natural conditions (for example, the weather). The amendments clarify that ‘contracts to buy or sell such electricity’ are assessed for eligibility under the own-use exemption. In addition, the amendments modify hedge accounting requirements by allowing an entity to designate as the hedged item a variable nominal amount of forecast electricity transactions that reflect the nature-dependent variability of electricity and introduce additional disclosure requirements. The amendments do not have a significant impact on the financial statements.

(2)	The details of K-IFRS that have been issued and published as of<br>January 1, 2026 but have not yet reached the effective date, and which the Group has not applied at an earlier date are as follows:

1) Issuance of K-IFRS No. 1118, Presentation and Disclosure in Financial Statements

K-IFRS No. 1118, ‘Presentation and Disclosure in Financial Statements,’ replaces K-IFRS No. 1001, ‘Presentation of Financial Statements’. The new standard introduces revised presentation requirements that are expected to enhance the comparability of financial performance among similar entities, particularly with respect to the definition of operating profit or loss.

If the Group prepares its financial statements in accordance with K-IFRS No. 1118, certain significant differences from the current financial statements are expected to arise. The key accounting policies that are expected to result in such differences are described below. These matters do not represent all differences that may arise in the future and are subject to change based on further analysis.

•	Changes in the Presentation of Statement of Profit or Loss

K-IFRS No. 1118 requires all income and expenses included in the statement of profit or loss to be classified into one of five categories: operating, investing, financing, income tax, and discontinued operations. Under this standard, all income and expenses that are not classified as investing, financing, income tax, or discontinued operations are classified as operating, and operating profit or loss is defined as a residual measure of profit or loss.

To classify income and expenses into categories, the Group is required to assess its main business activities. If the Group’s main business activities include investing in certain types of assets or providing financing to customers, income and expenses that would otherwise have been classified as investing or financing activities are classified as operating activities when such activities constitute the Group’s main business activities.

30 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

As a result, operating profit or loss under K-IFRS No. 1118 differs significantly from operating profit or loss under the current K-IFRS No. 1001, which is defined as operating revenue less operating expenses. K-IFRS No. 1118 requires operating profit or loss calculated in accordance with K-IFRS No. 1001 to be disclosed in the Notes, along with a reconciliation between operating profit or loss under K-IFRS No. 1118 and that under K-IFRS No. 1001.

In addition, K-IFRS No. 1118 requires the presentation in the statement of profit or loss of: - “Operating profit or loss,” comprising all income and expenses classified within the operating category; - “Profit or loss before financing and income tax,” comprising operating profit or loss and all income and expenses classified within the investing category; and - “Profit or loss for the period.”

However, when the Group’s main business activity is providing financing to customers, the presentation of “profit or loss before financing and income tax” may not be applicable, depending on the accounting policy elected.

•	Introduction of Disclosures of Management-Defined Performance Measures

K-IFRS No. 1118 introduces new disclosure requirements for management-defined performance measures. These measures are defined as subtotals of income and expenses that are not listed in paragraph 118 of K-IFRS No. 1118 and are not explicitly required to be presented or disclosed by IFRS Accounting Standards. Management-defined performance measures are used by entities in public communications separately from the financial statements to communicate management’s view of the entity’s financial performance to users of the financial statements.

When management-defined performance measures are presented, the entity is required to disclose the reasons for using such measures, the basis of their calculation, a reconciliation to the most directly comparable subtotal specified in K-IFRS No. 1118, the income tax effects of each reconciling item, and the effects on non-controlling interests.

•	Changes in the Classification of Cash Flows

As a result of the issuance of K-IFRS No. 1118, certain amendments have been made to K-IFRS No. 1007, Statement of Cash Flows. Under these amendments, the starting point for determining cash flows from operating activities using the indirect method has been changed from profit or loss for the period to operating profit or loss. In addition, the accounting policy option regarding the classification of interest and dividend-related cash flows has been eliminated.

K-IFRS No. 1118 is effective for annual reporting periods beginning on or after January 1, 2027, with early application permitted. In accordance with K-IFRS No. 1008, Accounting Policies, Changes in Accounting Estimates and Errors, the standard is required to be applied retrospectively. Accordingly, comparative information for the financial year ended December 31, 2026 will be restated in accordance with K-IFRS No. 1118. Amendments to K-IFRS No. 1007 and K-IFRS No. 1033 arising from the issuance of K-IFRS No. 1118, as well as the amended K-IFRSs No. 1008 and No. 1107, will be effective at the time K-IFRS No. 1118 is applied.

•	Assessment of Significant Impacts

K-IFRS No. 1118 has not been applied by the Group, as its mandatory effective date has not yet been reached. The Group will present its first interim financial statements in accordance with K-IFRS No. 1118 for the period ending June 30, 2027. Based on information available as of June 30, 2026, the Group is performing a preliminary assessment of the potential impact of the adoption of K-IFRS No. 1118.

31 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Material accounting policies and method of computation used in the preparation of the interim financial<br>statements are consistent with those of the annual financial statements for the year ended December 31, 2025, except as described below.

i) Income Tax Expense

Income tax expense for an interim period is calculated by applying the income tax rate expected to be applicable to the estimated total annual profit, that is, the estimated average annual effective income tax rate, to the profit before tax for the interim period.

ii) Application of the Revaluation Model to Land Classified as premises and equipment

The Group changed its accounting policy for the subsequent measurement of land classified as premises and equipment from the historical cost model to the revaluation model, effective from the current period, having assessed that the revaluation model provides more reliable and relevant information regarding the fair value of land.

In accordance with K-IFRS No. 1016, Property, Plant and Equipment, the accounting policy of revaluing assets is not applied retrospectively when first adopted. Accordingly, the Group did not restate the comparative financial statements for the prior period.

Land is measured at fair value based on valuations performed by an independent external appraiser. Revaluations are performed with sufficient regularity to ensure that the carrying amount does not differ materially from fair value at the end of the reporting period. Land is carried at the revalued amount, being its fair value at the date of revaluation less any subsequent accumulated impairment losses.

If the carrying amount of an asset is increased as a result of a revaluation, the increase is recognized in other comprehensive income and accumulated in equity under revaluation surplus, net of deferred tax. However, the increase is recognized in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognized in profit or loss.

If the carrying amount of an asset is decreased as a result of a revaluation, the decrease is recognized in profit or loss. However, the decrease is recognized in other comprehensive income to the extent of any credit balance existing in the revaluation surplus in respect of that asset. The revaluation surplus related to land recognized in equity is transferred to retained earnings when the asset is derecognized.

a) The carrying amount of land measured under the revaluation model and the carrying amount that would have been recognized under the cost model as of June 30, 2026, are as follows (Unit: Korean Won in millions):

		June 30, 2026
		Revaluation Model			Cost Model
Land			4,185,810			1,717,806

As of the current period ended June 30, 2026, the revaluation date of land is March 31, 2026, and its fair value was determined based on valuations performed by an independent external appraisal firm.

b) During the current period ended June 30, 2026, other comprehensive income of 2,474,043 million Won (before income tax effect of 678,021 million Won) was recognized due to revaluation of land. The revaluation surplus (other comprehensive income) from the revaluation of land is not included in distributable profits under the Korean Commercial Act.

32 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

c) The fair value hierarchy of land as of June 30, 2026, are as follows (Unit: Korean Won in millions):

		June 30, 2026
		Level 1			Level 2			Level 3			Total
Land			—			—			4,185,810			4,185,810

d) Valuation methods of Land measured at fair value and classified into Level 3 and significant but unobservable inputs as of June 30, 2026 is as follows:

Fair value measurement<br><br>Technique Type	Significant but unobservable<br>input variable	Impact of changes in significant<br>unobservable inputs on<br>fair value<br>measurement
Officially announced land price approach	Individual factor adjustment, etc.
Sales comparison approach	Individual factor adjustment, Return of capital, etc.	Positive(+) correlation
Income capitalization approach	Reasonable rent and maintenance fee
	Vacancy rate, Operating expense ratio, Exit cap rate	Negative(-) correlation

33 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

3.	MATERIAL ACCOUNTING ESTIMATES AND ASSUMPTIONS

Material accounting estimates and assumptions are continuously evaluated based on a number of factors, including historical experience and expectations of future events that are considered reasonably probable. Accounting estimates calculated based on these definitions may not match actual results.

In preparing interim financial statements, management must apply accounting policies and make judgments, estimates and assumptions that affect assets/liabilities and income/expenses. Therefore, actual results may differ from these estimates.

The significant judgments made by management in applying the accounting policies and key sources of estimation uncertainty for the preparation of interim financial statements are consistent with those made for the annual consolidated financial statements for the year ended December 31, 2025, except for the estimation method used to determine income tax expense, “and the application of the revaluation model for property, plant and equipment.

34 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

4.	RISK MANAGEMENT

The Group is exposed to various risks that may arise from its operating activities and the main types of risks are credit risk, market risk, liquidity risk and etc. The Risk Management Organization analyzes and assesses the level of complex risks in order to manage the risks and the risk management standards such as policies, regulations, management systems and decision-making have been established and operated for sound management of the Group.

The risk management organization is operated by the Board Risk Management Committee, Chief Risk Officer (CRO), and Risk Management Department. The Board of Directors operates a Risk Management Committee comprised of outside directors for professional risk management. The Board Risk Management Committee plays a role as the top decision-making body in risk management by establishing basic policies for risk management that are in line with the Group’s management strategy and determining the risk level that the Group is willing to take.

The Chief Risk Officer (CRO) assists the Board Risk Management Committee and operates a Group Risk Management Council comprised of risk management managers of subsidiaries to periodically check and improve the risk burden of external environments and the Group. The risk management department is independent and is in charge of risk management of the Group. It also supports reporting and decision-making of key risk-related issues.

(1)	Credit risk

Credit risk represents the possibility of financial losses incurred due to the refusal of the transaction or when the counterparty fails to fulfill its contractual obligations. The goal of credit risk management is to maintain the Group’s credit risk exposure to a permissible degree and to optimize its rate of return considering such credit risk.

1)	Credit risk management

To measure credit risk, the Group considers the possibility of failure in performing the obligation by the counterparties, credit exposure to the counterparty, the related default risk and the rate of default loss. The Group uses the credit rating model to assess the possibility of counterparty’s default risk; and when assessing the obligor’s credit rating, other than quantitative methods utilizing financial statements and others, and assessor’s judgement, the Group utilizes credit rating derived using statistical methods.

In order to manage credit risk limit, the Group establishes the appropriate credit line per obligor, company or industry by monitoring obligor’s credit line, total exposures and loan portfolios when approving the loan.

35 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

2)	Measurement of expected credit loss

K-IFRS 1109 requires entities to measure loss allowance equal to 12-month expected credit losses or lifetime expected credit losses after classifying financial assets into one of the three stages, depending on the degree of increase in credit risk since their initial recognition.

Classification		Stage 1	Stage 2	Stage 3
Definition		No significant increase in credit risk after initial recognition (*)	Significant increase in credit risk after initial recognition	Credit-impaired
Loss allowance		12-month expected credit losses	Lifetime expected credit losses
		Expected credit losses that result from those default events on the financial instrument that are possible within 12 months after the reporting date	Expected credit losses that result from all possible default events over the life of the financial instrument
(*)	If the financial instrument has low credit risk at the end of the reporting period, the Group may assume that<br>the credit risk has not increased significantly since initial recognition.
:---	:---

At the end of each reporting period the Group assesses whether credit risk has significantly increased since the date of initial recognition. The Group assesses whether the credit risk has increased significantly since initial recognition by using credit rating, asset quality level, early warning system, days past due and others. For financial assets whose contractual cash flows have been modified, the Group assesses whether there is a significant increase in credit risk on the same basis.

The Group performs the below assessment to both corporate and retail exposures, and indicators of significant increase in credit risk are as follows:

Corporate Exposures		Retail Exposures
Asset quality level ‘Precautionary’ or lower		Asset quality level ‘Precautionary’ or lower
More than 30 days past due		More than 30 days past due
‘Warning’ level in early warning system		Significant decrease in credit rating
Debtor experiencing financial difficulties<br>(Capital impairment, Adverse opinion or Disclaimer<br>of opinion by external auditors)		Deferment of repayment of principal and interest
Significant decrease in credit rating		Deferment of interest
Deferment of repayment of principal and interest
Deferment of interest

The Group concludes that credit is impaired when financial assets are under conditions stated below:

-	When principal and interest of loan is overdue for 90 days or longer due to significant deterioration in credit
-	For loans overdue for less than 90 days, when it is determined that not even a portion of the loan will be<br>recovered unless claim actions such as disposal of collaterals are taken
:---	:---
-	When other objective indicators of impairment have been noted for the financial asset.
:---	:---

The Group also incorporates forward looking into the estimates of default rates and loss given default. Considering the potential for latent insolvency due to increased internal and external economic uncertainties, the Group adjusts the forward looking to additionally recognize expected credit loss allowance.

The Group has estimated the allowance for credit losses using an estimation model that additionally reflects the forward looking information based on the past experience loss rate data.

36 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Loss allowance is calculated by applying PD (Probability of Default) and LGD (Loss Given Default) estimated for each financial asset in consideration of factors such as obligor type, credit rating and portfolio. The estimates are regularly reviewed in order to reduce discrepancies with actual losses.

In measuring the expected credit losses, the Group is also using reasonable and supportable macroeconomic variables such as real GDP growth rate (real, original series), manufacturing capacity utilization rate, apartment sales price index (KB, Seoul), and unemployment rate (original series) in order to forecast future economic conditions.

The Group applies a future economic situation estimation model as follows, and the results are reviewed regularly.

3)	Maximum exposure

The Group’s maximum exposure to credit risk shows the uncertainties related to the maximum possible variation of financial assets’ net value as a result of changes in the specific risk factors, prior to the consideration of collaterals that are recorded at net carrying amount after allowances and other credit enhancements. However, the maximum exposure is the fair value amount (recorded on the books) for derivatives, maximum contractual obligation for payment guarantees and unused amount of commitments for loan commitment.

The maximum exposure to credit risk as of June 30, 2026 and December, 31, 2025 is as follows (Unit: Korean Won in millions):


Loans and other financial assets at amortized cost	Korean treasury and government agencies	3,312,140	538,314
	Banks	36,241,741	23,189,957
	Corporates	193,324,381	188,753,434
	Consumers	205,565,937	200,014,078

	Sub-total	438,444,199	412,495,783

Financial assets at FVTPL (*2)	Deposits	259,846	261,470
	Debt securities	10,692,397	9,552,081
	Loans	667,599	1,126,446
	Derivative assets	9,173,882	5,774,203
	Others	354,046	156,134

	Sub-total	21,147,770	16,870,334

Financial assets at FVTOCI	Debt securities and others	81,747,728	82,071,637
Securities at amortized cost	Debt securities	18,416,435	18,707,459
Derivative assets	Derivative assets (Designated for hedging)	155,219	217,180
Off-balance accounts	Payment guarantees (*3)	18,233,357	16,070,098
	Loan commitments	137,828,799	134,286,067

	Sub-total	156,062,156	150,356,165

	Total (*1)	715,973,507	680,718,558

(*1)	Cash and cash equivalents are not included.
:---	:---
(*2)	Puttable financial instruments are not included.
:---	:---
(*3)	As of June 30, 2026 and December 31, 2025, the financial guarantee amount of 5,311,134 million<br>Won and 5,032,808 million Won are included, respectively.
:---	:---

37 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

a) Credit risk exposure by geographical areas

The following tables analyze credit risk exposure by geographical areas (Unit: Korean Won in millions):

		June 30, 2026
		Korea			China			USA			UK			Japan			Others (*)			Total
Loans and other financial assets at amortized cost			405,741,751			6,135,084			7,342,595			762,921			1,490,038			16,971,810			438,444,199
Securities at amortized cost			17,570,860			261,235			528,402			—			—			55,938			18,416,435
Financial assets at FVTPL			17,726,622			605			1,267,710			675,313			241,827			1,235,693			21,147,770
Financial assets at FVTOCI			67,683,857			875,457			6,158,736			895,259			799,405			5,335,014			81,747,728
Derivative assets (Designated for hedging)			141,742			—			11,589			—			1,888			—			155,219
Off-balance accounts			147,870,808			1,307,158			1,891,514			635,199			48,747			4,308,730			156,062,156

Total			656,735,640			8,579,539			17,200,546			2,968,692			2,581,905			27,907,185			715,973,507

(*)	Others consist of financial assets in Indonesia, Hong Kong, Germany, Australia, and other countries.
:---	:---
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Korea			China			USA			UK			Japan			Others (*)			Total
Loans and other financial assets at amortized cost			381,895,446			5,455,324			6,700,018			775,262			1,266,134			16,403,599			412,495,783
Securities at amortized cost			17,720,610			55,390			779,676			—			—			151,783			18,707,459
Financial assets at FVTPL			14,030,387			32			1,151,755			502,905			277,765			907,490			16,870,334
Financial assets at FVTOCI			70,443,271			1,102,112			4,752,496			400,316			591,861			4,781,581			82,071,637
Derivative assets (Designated for hedging)			180,170			—			30,719			—			6,291			—			217,180
Off-balance accounts			142,669,598			1,069,795			1,439,439			756,252			35,333			4,385,748			150,356,165

Total			626,939,482			7,682,653			14,854,103			2,434,735			2,177,384			26,630,201			680,718,558

(*)	Others consist of financial assets in Indonesia, Hong Kong, Germany, Australia, and other countries.
:---	:---

38 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

b) Credit risk exposure by industries

The following tables analyze credit risk exposure by industries, which are service, manufacturing, finance and insurance, construction, individuals and others in accordance with the Korea Standard Industrial Classification Code as of June 30, 2026 and December 31, 2025 (Unit: Korean Won in millions):

		June 30, 2026
		Service			Manufacturing			Finance and<br>insurance			Construction			Individuals			Others			Total
Loans and other financial assets at amortized cost			90,199,906			56,463,116			55,678,180			5,748,454			199,508,616			30,845,927			438,444,199
Securities at amortized cost			99,917			—			8,279,478			39,969			—			9,997,071			18,416,435
Financial assets at FVTPL			615,618			962,220			13,351,685			82,281			307			6,135,659			21,147,770
Financial assets at FVTOCI			664,685			1,419,833			36,889,817			802,316			—			41,971,077			81,747,728
Derivative assets (Designated for hedging)			—			—			155,219			—			—			—			155,219
Off-balance accounts			26,741,486			27,862,587			13,898,490			3,052,149			75,254,804			9,252,640			156,062,156

Total			118,321,612			86,707,756			128,252,869			9,725,169			274,763,727			98,202,374			715,973,507

		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Service			Manufacturing			Finance and<br>insurance			Construction			Individuals			Others			Total
Loans and other financial assets at amortized cost			88,350,901			52,551,867			40,292,287			5,754,395			196,402,459			29,143,874			412,495,783
Securities at amortized cost			89,611			—			8,009,336			39,968			—			10,568,544			18,707,459
Financial assets at FVTPL			498,155			677,238			9,126,225			145,149			100			6,423,467			16,870,334
Financial assets at FVTOCI			388,717			1,308,907			39,468,777			867,980			—			40,037,256			82,071,637
Derivative assets (Designated for hedging)			—			—			217,180			—			—			—			217,180
Off-balance accounts			24,121,840			25,922,599			14,542,861			3,533,170			73,040,583			9,195,112			150,356,165

Total			113,449,224			80,460,611			111,656,666			10,340,662			269,443,142			95,368,253			680,718,558

39 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

4)	Credit risk exposure
a)	Financial assets
:---	:---

The maximum exposure to credit risk by asset quality, except for financial assets at FVTPL and derivative asset (designated for hedging) as of June 30, 2026 and December 31, 2025 is as follows (Unit: Korean Won in millions):

	June 30, 2026
	Stage 1				Stage 2
	Above<br>appropriate<br>credit rating<br>(*1)		Less than a<br>limited credit<br>rating<br>(*2)		Above<br>appropriate<br>credit rating<br>(*1)		Less than a<br>limited credit<br>rating<br>(*2)		Stage 3		Credit<br>impairment<br>model		Total		Loss<br>allowance			Total, net
Loans and other financial assets at amortized cost		375,955,643		30,028,658		16,755,370		13,860,995		4,040,209		1,480,796		442,121,671		(3,677,472	)		438,444,199
Korean treasury and government agencies		3,312,654		—		—		—		—		—		3,312,654		(514	)		3,312,140
Banks		35,776,374		493,441		—		—		—		—		36,269,815		(28,074	)		36,241,741
Corporates		159,050,751		24,094,494		3,225,633		5,725,762		1,931,598		1,480,796		195,509,034		(2,184,653	)		193,324,381
General business		111,302,515		15,512,965		2,250,733		4,367,255		1,283,264		—		134,716,732		(1,505,917	)		133,210,815
Small- and medium-sized enterprise		32,681,720		7,747,178		529,395		1,256,070		341,328		—		42,555,691		(439,539	)		42,116,152
Project financing and others		15,066,516		834,351		445,505		102,437		307,006		1,480,796		18,236,611		(239,197	)		17,997,414
Consumers		177,815,864		5,440,723		13,529,737		8,135,233		2,108,611		—		207,030,168		(1,464,231	)		205,565,937
Securities at amortized cost		18,427,149		—		—		—		—		—		18,427,149		(10,714	)		18,416,435
Financial assets at FVTOCI (*3)		81,566,660		181,068		—		—		—		—		81,747,728		(32,036	)		81,747,728

Total		475,949,452		30,209,726		16,755,370		13,860,995		4,040,209		1,480,796		542,296,548		(3,720,222	)		538,608,362

		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Collateral value
		Stage1			Stage2			Stage3			Credit impairment<br>model			Total
Loans and other financial assets at amortized cost			246,717,142			25,964,825			1,661,122			1,467,930			275,811,019
Korean treasury and government agencies			131,534			—			—			—			131,534
Banks			2,657,205			261			—			—			2,657,466
Corporates			103,208,325			7,465,274			1,099,761			1,467,930			113,241,290
General business			62,749,655			5,485,276			722,893			—			68,957,824
Small- and medium-sized enterprise			28,275,466			1,432,095			210,334			—			29,917,895
Project financing and others			12,183,204			547,903			166,534			1,467,930			14,365,571
Consumers			140,720,078			18,499,290			561,361			—			159,780,729
Securities at amortized cost			—			—			—			—			—
Financial assets at FVTOCI (*3)			—			—			—			—			—

Total			246,717,142			25,964,825			1,661,122			1,467,930			275,811,019

(*1)	Credit grade of corporates are AAA ~ BBB, and consumers are grades 1 ~ 6.
:---	:---
(*2)	Credit grade of corporates are BBB- ~ C, and consumers are grades 7 ~<br>10.
:---	:---
(*3)	Financial assets at FVTOCI have been disclosed as the amount before deducting loss allowance because loss<br>allowance does not reduce the carrying amount.
:---	:---

40 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	December 31, 2025
	Stage 1				Stage 2
	Above<br>appropriate<br>credit rating<br>(*1)		Less than a<br>limited credit<br>rating<br>(*2)		Above<br>appropriate<br>credit rating<br>(*1)		Less than a<br>limited credit<br>rating<br>(*2)		Stage 3		Credit<br>impairment<br>model		Total		Loss<br>allowance			Total, net
Loans and other financial assets at amortized cost		354,069,178		30,632,768		13,842,896		12,837,364		3,564,522		1,137,650		416,084,378		(3,588,595	)		412,495,783
Korean treasury and government agencies		539,215		—		—		—		—		—		539,215		(901	)		538,314
Banks		22,832,170		380,843		—		—		—		—		23,213,013		(23,056	)		23,189,957
Corporates		155,984,903		23,571,082		3,177,635		5,395,186		1,733,385		1,137,650		190,999,841		(2,246,407	)		188,753,434
General business		107,006,628		14,727,532		2,404,812		3,754,332		1,102,892		—		128,996,196		(1,518,049	)		127,478,147
Small- and medium-sized enterprise		33,828,252		8,118,497		542,006		1,469,338		368,686		—		44,326,779		(456,931	)		43,869,848
Project financing and others		15,150,023		725,053		230,817		171,516		261,807		1,137,650		17,676,866		(271,427	)		17,405,439
Consumers		174,712,890		6,680,843		10,665,261		7,442,178		1,831,137		—		201,332,309		(1,318,231	)		200,014,078
Securities at amortized cost		18,718,526		—		—		—		—		—		18,718,526		(11,067	)		18,707,459
Financial assets at FVTOCI (*3)		81,911,940		159,697		—		—		—		—		82,071,637		(29,204	)		82,071,637

Total		454,699,644		30,792,465		13,842,896		12,837,364		3,564,522		1,137,650		516,874,541		(3,628,866	)		513,274,879

		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Collateral value
		Stage1			Stage2			Stage3			Credit impairment<br>model			Total
Loans and other financial assets at amortized cost			242,664,753			22,382,806			1,219,109			1,128,343			267,395,011
Korean treasury and government agencies			103,817			—			—			—			103,817
Banks			1,815,479			—			—			—			1,815,479
Corporates			99,471,630			7,066,546			720,305			1,128,343			108,386,824
General business			61,218,056			5,128,816			516,966			—			66,863,838
Small- and medium-sized enterprise			26,662,910			1,594,623			142,383			—			28,399,916
Project financing and others			11,590,664			343,107			60,956			1,128,343			13,123,070
Consumers			141,273,827			15,316,260			498,804			—			157,088,891
Securities at amortized cost			—			—			—			—			—
Financial assets at FVTOCI (*3)			—			—			—			—			—

Total			242,664,753			22,382,806			1,219,109			1,128,343			267,395,011

(*1)	Credit grade of corporates are AAA ~ BBB, and consumers are grades 1 ~ 6.
:---	:---
(*2)	Credit grade of corporates are BBB- ~ C, and consumers are grades 7 ~<br>10.
:---	:---
(*3)	Financial assets at FVTOCI has been disclosed as the amount before deducting loss allowance because loss<br>allowance does not reduce the carrying amount.
:---	:---

41 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

b)	Payment Guarantees and commitments

The credit quality of the payment guarantees and loan commitments as of June 30, 2026 and December 31, 2025 are as follows (Unit: Korean Won in millions):

		June 30, 2026
Financial assets		Stage 1						Stage 2						Stage3			Total
		Above<br>appropriate<br>credit rating<br>(*1)			Less than a<br>limited credit<br>rating<br>(*2)			Above<br>appropriate<br>credit rating<br>(*1)			Less than a<br>limited<br>credit rating<br>(*2)
Off-balance accounts:
Payment Guarantees			17,179,253			917,471			22,453			63,354			50,826			18,233,357
Loan Commitments			131,538,000			3,769,678			1,928,137			559,448			33,536			137,828,799

Total			148,717,253			4,687,149			1,950,590			622,802			84,362			156,062,156

(*1)	Credit grade of corporates are AAA ~ BBB, and consumers are grades 1 ~ 6.
:---	:---
(*2)	Credit grade of corporate are BBB- ~ C, and consumers are grades 7 ~<br>10.
:---	:---
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
Financial assets		Stage 1						Stage 2						Stage3			Total
		Above<br>appropriate<br>credit rating<br>(*1)			Less than a<br>limited credit<br>rating<br>(*2)			Above<br>appropriate<br>credit rating<br>(*1)			Less than a<br>limited<br>credit rating<br>(*2)
Off-balance accounts:
Payment guarantees			15,186,145			776,039			18,603			66,204			23,107			16,070,098
Loan commitments			127,446,436			3,821,389			2,461,016			521,696			35,530			134,286,067

Total			142,632,581			4,597,428			2,479,619			587,900			58,637			150,356,165

(*1)	Credit grade of corporates are AAA ~ BBB, and consumers are grades 1 ~ 6.
:---	:---
(*2)	Credit grade of corporate are BBB- ~ C, and consumers are grades 7 ~<br>10.
:---	:---
5)	Collateral and other credit enhancements
:---	:---

For the six-month period ended June 30, 2026, there have been no significant changes in the value of collateral or other credit enhancements held by the Group and there have been no significant changes in collateral or other credit enhancements due to changes in the collateral policy of the Group.

42 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Market risk

Market risk is the possible risk of loss arising from trading position and non-trading position as a result of the volatility of market factors such as interest rates, stock prices and foreign exchange rates.

1)	Market risk management

Market risk management refers to the process of making and implementing decisions for the avoidance, acceptance or mitigation of risks by identifying the underlying source of the risks, measuring its level, and evaluating the appropriateness of the level of accepted market risks for both trading and non-trading activities.

a)	Trading activities

The Group uses the standard approach and internal model approach (Woori Bank) in measuring market risk for trading positions, and allocates market risk capital through the Board Risk Management Committee. Risk management departments of the Group and its subsidiaries manage limits in detail including those on risk and loss with their management result regularly reported to the Board Risk Management Committee.

Subsidiaries such as Woori Bank manage market internal capital limits using the Basel III standard approach, and other subsidiaries manage market risks by applying the simple method.

The Basel III standard approach consists of a sensitivity method that measures linear and nonlinear losses that may occur due to unfavorable fluctuations in market risk factors, default risks that may occur due to sudden default, and residual risk-bearing equity capital for other losses.

b) Non-trading activities

From the end of 2019 for the Bank and the beginning of 2021 for non-banking subsidiaries, the Bank and its subsidiaries manage and measure interest risk for non-trading activities through ΔNII(Change in Net Interest Income) and ΔEVE(Change in Economic Value of Equity) in accordance with IRRBB(Interest Rate Risk in the Banking Book).

ΔNII represents a change in net interest income that may occur over a certain period (e.g. one year) due to changes in interest rates, and ΔEVE indicates the economic value changes in equity capital that could be caused by changes in interest rates affecting the present value of asset, liabilities, and off-balance accounts.

43 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Liquidity risk

Liquidity risk refers to the risk that the Group may encounter difficulties in meeting obligations from its financial liabilities.

1)	Liquidity risk management

Liquidity risk management is to prevent potential cash shortages as a result of mismatching maturity of assets and liabilities or unexpected cash outflows. The consolidated financial liabilities that are relevant to liquidity risk are incorporated within the scope of risk management.

Assets and liabilities are grouped by account under Asset Liability Management (“ALM”) in accordance with the characteristics of the account. The Group manages liquidity risk by identifying the maturity gap and such gap ratio through various cash flows analysis (i.e. based on remaining maturity and contract period, etc.), while maintaining the gap ratio at or below the target limit.

The information on early repayment related to asset securitization is described in Note 34. Contingent Liabilities and Commitments (4) 3).

2)	Maturity analysis of non-derivative financial liabilities

Cash flows of principals and interests by remaining contractual maturities of non-derivative financial liabilities as of June 30, 2026 and December 31, 2025 are as follows (Unit: Korean Won in millions):

		June 30, 2026
		Within 3<br>months			4 to 6<br>months			7 to 9<br>months			10 to 12<br>months			1 to 5<br>years			Over<br>5 years			Total
Financial liabilities at FVTPL			361,892			33,223			211,668			303,415			187,518			—			1,097,716
Deposits due to customers			234,895,270			57,887,188			33,933,601			33,797,068			23,799,912			1,133,486			385,446,525
Borrowings			26,547,778			4,601,269			4,231,486			3,911,575			4,807,234			504,454			44,603,796
Debentures			6,194,851			5,184,695			5,909,086			6,014,553			35,570,382			3,875,582			62,749,149
Lease liabilities			65,822			50,375			47,222			39,187			367,323			88,101			658,030
Other financial liabilities (*)			42,647,184			207,614			85,099			61,816			1,043,347			3,850,017			47,895,077
Investment contract liabilities			4,181,817			—			—			—			—			—			4,181,817

Total			314,894,614			67,964,364			44,418,162			44,127,614			65,775,716			9,451,640			546,632,110

		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Within 3<br>months			4 to 6<br>months			7 to 9<br>months			10 to 12<br>months			1 to 5<br>years			Over<br>5 years			Total
Financial liabilities at FVTPL			456,606			103,174			131,181			310,111			324,118			17,501			1,342,691
Deposits due to customers			239,003,957			43,936,717			31,733,945			47,843,702			18,670,748			1,212,186			382,401,255
Borrowings			18,209,601			4,676,557			3,879,109			3,202,042			3,881,934			518,214			34,367,457
Debentures			7,015,353			3,594,266			4,732,824			4,586,030			35,650,614			4,127,981			59,707,068
Lease liabilities			66,838			55,213			50,236			43,549			357,379			44,575			617,790
Other financial liabilities(*)			24,614,468			194,968			35,049			47,917			1,103,857			3,849,974			29,846,233
Investment contract liabilities			3,702,780			—			—			—			—			—			3,702,780

Total			293,069,603			52,560,895			40,562,344			56,033,351			59,988,650			9,770,431			511,985,274

(*)	Lease liabilities are not included.
:---	:---

44 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

3)	Maturity analysis of derivative financial liabilities

Derivatives held for trading purpose are not managed in accordance with their contractual maturity, since the Group holds such financial instruments with the purpose of disposing or redemption before their maturity. As such, those derivatives are incorporated as “within 3 months” in the table below. Derivatives designated for hedging purpose are estimated by offsetting cash inflows and cash outflows.

The cash flow by the maturity of derivative financial liabilities as of June 30, 2026 and December 31, 2025 is as follows (Unit: Korean Won in millions):

		Remaining maturity
		Within 3<br>months		4 to 6<br>months		7 to 9<br>months		10 to 12<br>months		1 to 5<br>years		Over 5<br>years			Total
June 30, 2026	Cash flow risk hedge		185,988		854,120		47,847		87,610		1,255,581		59,391			2,490,537
	Fair value risk hedge		55,762		40,230		720		23,545		78,578		(23,673	)		175,162
	Trading purpose		8,051,989		—		—		—		—		—			8,051,989
December 31, 2025	Cash flow risk hedge		245,304		721,902		69,178		691,883		608,819		35,265			2,372,351
	Fair value risk hedge		8,927		24,385		15,933		20,814		38,364		(10,613	)		97,810
	Trading purpose		5,129,664		—		—		—		—		—			5,129,664

45 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

4)	Maturity analysis of off-balance accounts (Payment guarantees,<br>commitments, and etc.)

A payment guarantee represents an irrevocable undertaking that the Group should meet a customer’s obligations to third parties if the customer fails to do so. The loan commitment represents the limit if the Group has promised a credit to the customer. Loan commitments include commercial standby facilities and credit lines, liquidity facilities to commercial paper conduits and utilized overdraft facilities. The maximum limit to be paid by the Group in accordance with guarantees and loan commitment only applies to principal amounts. There are contractual maturities for payment guarantees, such as financial guarantees for debentures issued or loans, unused loan commitments, and other credits, however, under the terms of the guarantees and unused loan commitments, funds should be paid upon demand from the counterparty. Details of off-balance accounts as of June 30, 2026 and December 31, 2025 are as follows (Unit: Korean Won in millions):


Payment guarantees		18,233,357	16,070,098
Loan commitments		137,828,799	134,286,067
Other commitments		5,751,955	5,806,012
(4)	Operational risk
:---	:---

The Group defines the operational risk that could cause a negative effect on capital resulting from inadequate internal process, people and systematic problem or external factors.

1)	Operational risk management

The Group has established and operated a group operational risk management system to cope with new Basel III global regulations, which is implemented since 2023, and the management of operational risks follows the procedures for risk recognition, evaluation, measurement, monitoring and reporting, risk control and mitigation.

2)	Operational risk measurement

The Group measures operational risk capital using the Basel III standardized approach. This approach calculates the required operational risk capital by multiplying the Business Indicator Component (BIC), which represents the scale of operations, with the Internal Loss Multiplier (ILM), which reflects the magnitude of actual historical internal losses relative to the scale of operations.

Operational risk limits are set with the approval of the Board Risk Management Committee. The Group regularly calculates the operational risk capital and reports any limit breaches to the management and the Board Risk Management Committee.

Since a reduction in the size of internal loss events leads to a decrease in operational risk capital, it is important to prevent loss events in advance. Accordingly, the Group conducts operational risk management activities using tools such as Risk Control Self-Assessment (RCSA), Key Risk Indicators (KRI), and loss data. Additionally, to ensure continuity of operations in emergency situations such as disasters, the major subsidiaries have established a Business Continuity Plan (BCP) and conducts annual simulation drills.

46 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

5.	OPERATING SEGMENTS

In evaluating the results of the Group and allocating resources, the Group’s Chief Operating Decision Maker (“CODM”) utilizes the method of disclosing the financial information of the segments based on the organization of the Group. This financial information of the segments in this note is regularly reviewed by the CODM.

(1)	Segment by type of organization

The Group’s reporting segments consist of banking, insurance, credit card, capital, investment securities and other sectors, and the composition of such reporting segments was divided based on internal report data periodically reviewed by the management to evaluate the performance of the segment and make decisions on the resources to be distributed.

		Operational scope
Banking		Loans/deposits and relevant services for customers of Woori Bank
Insurance		Contracting and maintenance of insurance policies, payment of insurance benefits, provision of life insurance-related services, and accompanying business for customers of Tongyang Life Insurance Co., Ltd. and ABL Life Insurance Co.,<br>Ltd.
Credit card		Credit card, cash services, card loans and accompanying business of Woori Card Co., Ltd.
Capital		Installments, loans including lease financing, and accompanying business of Woori Financial Capital Co., Ltd.
Investment securities		Securities operation, sale of financial instruments, project financing and other related activities for investment securities of Woori Investment Securities Co., Ltd.
Others		Woori Financial Group Inc., Woori Asset Trust Co., Ltd., Woori Savings Bank., Woori Asset Management Corp., Ltd., Woori Financial F&I Co., Ltd., Woori Credit Information Co., Ltd., Woori Fund Service Co., Ltd., Woori Private<br>Equity Asset Management Co., Ltd., Woori FIS Co., Ltd., Woori Finance Research Institute and Woori Venture Partners Co., Ltd.

47 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	The composition of each organization’s sectors for the six-month<br>periods ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):
	For the six-month period ended June 30, 2026
---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Banking<br>(*1)			Life<br>Insurance			Credit card			Capital			Investment<br>securities			Others (*2)			Sub-total			Other<br>adjustments<br>(*3)			Internal<br>adjustments<br>(*4)			Consolidated<br>Adjustments<br>(*5)			Total
Net interest income		3,579,655			(103,937	)		384,615			101,600			62,302			8,020			4,032,255			71,304			547,685			8,479			4,659,723
Non-interest income<br><br>(expense)		954,591			296,028			96,541			104,826			83,875			1,468,214			3,004,075			23,465			(509,015	)		(1,455,540	)		1,062,985
Impairment losses due to credit loss		(636,308	)		(1,716	)		(196,442	)		(59,415	)		(25,890	)		(7,717	)		(927,488	)		(1,770	)		(38,673	)		1,906			(966,025	)
General and administrative expense		(2,151,159	)		(55,247	)		(161,719	)		(48,967	)		(90,863	)		(218,794	)		(2,726,749	)		(392	)		—			94,285			(2,632,856	)

Net operating income<br><br>(expense)		1,746,779			135,128			122,995			98,044			29,424			1,249,723			3,382,093			92,607			(3	)		(1,350,870	)		2,123,827

Share of gain of associates		2,451			1,976			—			(352	)		(161	)		5,997			9,911			—			—			18,211			28,122
Other non-operating expense		(4,604	)		24,381			(1,821	)		(8	)		(23	)		2,028			19,953			979			3			(6,495	)		14,440

Non-operating income(expense)		(2,153	)		26,357			(1,821	)		(360	)		(184	)		8,025			29,864			979			3			11,716			42,562

Net income(expense) before tax		1,744,626			161,485			121,174			97,684			29,240			1,257,748			3,411,957			93,586			—			(1,339,154	)		2,166,389
Tax expense		(380,046	)		(46,704	)		(25,949	)		(20,787	)		(4,515	)		(18,011	)		(496,012	)		—			—			(4,462	)		(500,474	)

Net income(loss)		1,364,580			114,781			95,225			76,897			24,725			1,239,737			2,915,945			93,586			—			(1,343,616	)		1,665,915

Total assets		531,262,370			54,848,914			18,510,113			12,985,257			12,701,392			33,007,465			663,315,511			3,833,581			—			(31,969,604	)		635,179,488

Investment in associate		840,656			5,429			—			32,078			13,625			26,916,466			27,808,254			—			—			(25,951,573	)		1,856,681
Other assets		530,421,714			54,843,485			18,510,113			12,953,179			12,687,767			6,090,999			635,507,257			3,833,581			—			(6,018,031	)		633,322,807

Total liabilities		499,717,338			51,222,345			15,544,678			11,103,927			10,473,876			7,491,045			595,553,209			75,436			—			(1,329,300	)		594,299,345

(*1)	The banking sector includes banks and their consolidated subsidiaries (such as overseas subsidiaries).
:---	:---
(*2)	Other segments include gains and losses from Woori Financial Group Inc., Woori Asset Trust Co., Ltd., Woori<br>Savings Bank, Woori Asset Management Corp., Woori Financial F&I Co., Ltd., Woori Credit Information Co., Ltd., Woori Fund Service Co., Ltd., Woori Private Equity Asset Management Co., Ltd., Woori FIS Co., Ltd., Woori Finance Research Institute<br>and Woori Venture Partners Co., Ltd.
:---	:---
(*3)	Other adjustments include the funds subject to Group’s consolidation not included in the reporting<br>segment.
:---	:---
(*4)	Internal reconciliation includes the adjustment of deposit insurance premiums of 260,461 million Won and<br>fund contribution fees of 287,836 million Won from net interest income expenses to non-interest income expenses in order to present the profit and loss adjustment between reporting divisions in accordance<br>with management accounting standards as profit and loss in accordance with accounting standards.
:---	:---
(*5)	Consolidation adjustments include the elimination of 70,537 million Won of internal transactions between<br>Woori FIS Co., Ltd., the group’s IT service agency, and affiliates, and the removal of 1,249,918 million Won of dividends received by the holding company from its subsidiaries.
:---	:---

48 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month period ended June 30, 2025
	Banking (*1)			Credit card			Capital			Investment<br>securities			Others (*2)			Sub-total			Other<br>adjustments<br>(*3)			Internal<br>adjustments<br>(*4)			Consolidated<br>Adjustments<br>(*5)			Total
Net interest income		3,344,244			372,330			105,303			52,812			45,222			3,919,911			75,733			518,610			(446	)		4,513,808
Non-interest income(expense)		1,167,531			100,001			92,056			39,642			1,575,986			2,975,216			(6,007	)		(469,732	)		(1,613,175	)		886,302
Impairment losses due to credit loss		(493,562	)		(208,299	)		(59,859	)		(15,531	)		(119,563	)		(896,814	)		2,516			(49,023	)		11			(943,310	)
General and administrative expense		(2,101,559	)		(146,299	)		(48,910	)		(62,107	)		(214,539	)		(2,573,414	)		(316	)		—			94,644			(2,479,086	)

Net operating income(expense)		1,916,654			117,733			88,590			14,816			1,287,106			3,424,899			71,926			(145	)		(1,518,966	)		1,977,714

Share of gain of associates		14,593			—			(281	)		86			50,201			64,599			1,697			—			5,392			71,688
Other non-operating expense		18,770			(15,105	)		63			60			1,474			5,262			929			145			(4,658	)		1,678

Non-operating income(expense)		33,363			(15,105	)		(218	)		146			51,675			69,861			2,626			145			734			73,366

Net income(expense) before tax		1,950,017			102,628			88,372			14,962			1,338,781			3,494,760			74,552			—			(1,518,232	)		2,051,080
Tax expense		(398,096	)		(25,975	)		(21,021	)		2,181			(15,500	)		(458,411	)		—			—			1,630			(456,781	)

Net income(loss)		1,551,921			76,653			67,351			17,143			1,323,281			3,036,349			74,552			—			(1,516,602	)		1,594,299

Total assets		494,291,954			15,950,697			12,497,825			8,577,865			31,898,314			563,216,655			3,545,934			—			(32,649,813	)		534,112,776

Investment in associate		1,056,906			—			32,602			3,138			24,536,539			25,629,185			4,416			—			(23,857,237	)		1,776,364
Other assets		493,235,048			15,950,697			12,465,223			8,574,727			7,361,775			537,587,470			3,541,518			—			(8,792,576	)		532,336,412

Total liabilities		465,742,436			13,145,609			10,738,266			7,398,438			5,890,561			502,915,310			71,928			—			(4,589,980	)		498,397,258

(*1) The banking sector includes banks and their consolidated subsidiaries (such as overseas subsidiaries).

(*2)	Other segments include gains and losses from Woori Financial Group Inc., Woori Asset Trust Co., Ltd., Woori<br>Savings Bank, Woori Asset Management Corp., Woori Financial F&I Co., Ltd., Woori Credit Information Co., Ltd., Woori Fund Service Co., Ltd., Woori Private Equity Asset Management Co., Ltd., Woori FIS Co., Ltd., Woori Finance Research Institute<br>and Woori Venture Partners Co., Ltd.
(*3)	Other segments include the funds subject to Group’s consolidation not included in the reporting segment.
:---	:---
(*4)	Internal reconciliation includes the adjustment of deposit insurance premiums of 256,582 million Won and<br>fund contribution fees of 262,256 million Won from net interest income expenses to non-interest income expenses in order to present the profit and loss adjustment between reporting divisions in accordance<br>with management accounting standards as profit and loss in accordance with accounting standards.
:---	:---
(*5)	Consolidation adjustments include the elimination of 68,660 million Won of internal transactions between<br>Woori FIS Co., Ltd., the group’s IT service agency, and affiliates, and the removal of 1,435,418 million Won of dividends received by the holding company from its subsidiaries.
:---	:---

49 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Operating profit or loss from external customers for the six-month<br>periods ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---
Details		2026			2025
Domestic			2,075,427			1,827,766
Foreign			48,400			149,948

Total			2,123,827			1,977,714

(4)	Major non-current assets as of June 30, 2026 and December 31,<br>2025 are as follows (Unit: Korean Won in millions):
:---	:---
Details (*)		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Domestic			8,964,586			7,364,083
Foreign			574,542			552,243

Total			9,539,128			7,916,326

(*)	Major non-current assets included joint ventures and related business<br>investments, investment properties, premises and equipment, and intangible assets.
:---	:---
(5)	Information about major customers
:---	:---

The Group does not have any single customer that generates 10% or more of the Group’s total revenue for the six-month periods ended June 30, 2026 and 2025.

50 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

6.	STATEMENTS OF CASH FLOWS
(1)	Details of cash and cash equivalents are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Cash			1,593,700			1,826,020
Foreign currencies			988,267			642,158
Demand deposits			35,563,103			35,891,982
Fixed deposits			112,910			139,519

Total			38,257,980			38,499,679

(2)	Details of restricted cash and cash equivalents are as follows (Unit: Korean Won in millions)
:---	:---
		Counterparty		June 30, 2026			Reason of restriction
---	---	:---:	---	:---:	---	---	:---:
Due from banks in local currency:
Due from BOK		BOK			12,314,445		Reserve deposits under the BOK Act
Due from banks in foreign currencies:
Due from banks on demand		BOK and others			8,458,375		Reserve deposits etc.

Total					20,772,820

		Counterparty		December 31,<br>2025			Reason of restriction
Due from banks in local currency:
Due from BOK		BOK			16,555,802		Reserve deposits under the BOK Act
Due from banks in foreign currencies:
Due from banks on demand		BOK and others			6,919,255		Reserve deposits etc.

Total					23,475,057

51 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

7.	FINANCIAL ASSETS AT FVTPL
(1)	Details of financial assets at FVTPL as of June 30, 2026 and December 31, 2025 are as follows (Unit:<br>Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Financial assets at fair value through profit or loss			40,585,470			34,245,475
(2)	Financial assets at fair value through profit or loss as of June 30, 2026 and December 31, 2025 are<br>as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Deposits:
Gold banking asset			259,846			261,470
Securities:
Debt securities
Korean treasury and government agencies			5,913,622			6,044,402
Financial institutions			1,338,839			883,209
Corporates			2,468,650			1,614,666
Foreign currency bond			717,223			698,615
Others			254,063			311,189
Equity securities			2,292,559			1,613,419
Capital contributions			3,269,570			3,085,315
Beneficiary certificates			13,512,776			12,359,483
Others			624,253			387,342

Sub-total			30,391,555			26,997,640

Loans			667,599			1,126,446
Derivatives assets			9,173,882			5,774,203
Other financial assets			92,588			85,716

Total			40,585,470			34,245,475

The Group does not hold any financial assets designated as at fair value through profit or loss as of June 30, 2026 and December 31, 2025.

52 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

8.	FINANCIAL ASSETS AT FVTOCI
(1)	Details of financial assets at FVTOCI as of June 30, 2026 and December 31, 2025 are as follows (Unit:<br>Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Debt securities:
Korean treasury and government agencies			18,864,711			20,371,690
Financial institutions			29,095,690			32,931,685
Corporates			11,455,490			10,108,432
Bond denominated in foreign currencies			15,393,376			12,974,851
Securities loaned			6,666,190			5,674,738

Sub-total			81,475,457			82,061,396
Equity securities: (*)
Stocks			1,271,150			1,011,907
Capital contributions			11,634			11,634
Beneficiary certificates			1,711			—
Others			412,538			404,344

Sub-total			1,697,033			1,427,885

Loans:			272,271			10,241

Total			83,444,761			83,499,522

(*)	The equity instruments are designated as financial assets at fair value through other comprehensive income<br>(FVTOCI), as they are held for strategic business alliances, acquisitions through debt-to-equity conversions, and similar purposes.
:---	:---
(2)	The fair value gains or losses recognized in other comprehensive income related to equity securities designated<br>as financial assets measured at fair value through other comprehensive income (FVTOCI) for the periods ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Derecognized equity<br>instruments							Held equity instruments
		Three-month			Six-month				Three-month				Six-month
Equity securities:
Stocks			306			387				(28,233	)			33,717
Capital contributions			—			—				—				—
Beneficiary certificates			—			—				—				—
Others			—			—				(8,756	)			(21,806	)

Total			306			387				(36,989	)			11,911

		For the six-month period ended June 30, 2025
		Derecognized equity<br>instruments							Held equity instruments
		Three-month			Six-month				Three-month				Six-month
Equity securities:
Stocks			1,611			(3,105	)			(11,492	)			33,118
Capital contributions			—			—				31				31
Beneficiary certificates			—			—				—				—
Others			—			—				—				—

Total			1,611			(3,105	)			(11,461	)			33,149

53 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Details of equity securities designated as financial assets measured at fair value through other comprehensive<br>income (FVTOCI) that were disposed of during the periods ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):
		For the six-month period ended<br>June 30, 2026 (*1)						For the six-month period ended<br>June 30, 2025 (*2)
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---	---
		Fair value<br>at disposal			Cumulative<br>gain (loss)			Fair value<br>at disposal			Cumulative<br>gain (loss)
Equity securities:
Stocks			712			405			10,193			(2,483	)
Capital contributions			—			—			—			—
Beneficiary certificates			—			—			—			—
Others			—			—			—			—

Total			712			405			10,193			(2,483	)

(*1)	It was disposed due to a change in the purpose of holding.
:---	:---
(*2)	It was disposed of due to the disposal of shares acquired through debt-to-equity conversions and other related reasons.
:---	:---

54 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Changes in the loss allowance and gross carrying amount of financial assets at FVTOCI are as follows (Unit:<br>Korean Won in millions):
1)	Loss allowance
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(29,204	)			—			—			(29,204	)
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Provision of loss allowance			(7,028	)			—			—			(7,028	)
Disposal			4,341				—			—			4,341
Others (*)			(146	)			—			—			(146	)

Ending balance			(32,037	)			—			—			(32,037	)

(*)	Others consist of foreign currencies translation, etc.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(29,084	)			—			—			(29,084	)
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Provision of loss allowance			(489	)			—			—			(489	)
Disposal			3,618				—			—			3,618
Others (*)			433				—			—			433

Ending balance			(25,522	)			—			—			(25,522	)

(*)	Others consist of foreign currencies translation, etc.
:---	:---
2)	Gross carrying amount
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			82,071,637				—			—			82,071,637
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Acquisition			22,183,706				—			—			22,183,706
Disposal / Recovery			(20,351,008	)			—			—			(20,351,008	)
Gain (loss) on valuation			(3,064,795	)			—			—			(3,064,795	)
Amortization based on effective interest method			136,924				—			—			136,924
Others (*)			771,264				—			—			771,264

Ending balance			81,747,728				—			—			81,747,728

(*)	Others consist of foreign currencies translation, etc.
:---	:---

55 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		For the six-month period ended June 30, 2025
		Stage 1			Stage 2		Stage 3		Total
Beginning balance			42,922,671			—		—		42,922,671
Transfer to 12-month expected credit losses			—			—		—		—
Transfer to lifetime expected credit losses			—			—		—		—
Transfer to credit-impaired financial assets			—			—		—		—
Acquisition			14,255,274			—		—		14,255,274
Disposal / Recovery			(18,381,141	)		—		—		(18,381,141	)
Gain (loss) on valuation			88,888			—		—		88,888
Amortization based on effective interest method			71,855			—		—		71,855
Others (*)			(445,614	)		—		—		(445,614	)

Ending balance			38,511,933			—		—		38,511,933

(*)	Others consist of foreign currencies translation, etc.
:---	:---

56 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

9.	SECURITIES AT AMORTIZED COST
(1)	Details of securities at amortized cost as of June 30, 2026 and December 31, 2025 are as follows<br>(Unit: Korean Won in millions):
:---	:---
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Korean treasury and government agencies			9,005,462				9,698,695
Financial institutions			3,837,394				3,352,648
Corporates			4,682,612				4,587,881
Bond denominated in foreign currencies			901,681				1,079,302
Allowance for credit losses			(10,714	)			(11,067	)

Total			18,416,435				18,707,459

(2)	Changes in the loss allowance and gross carrying amount of securities at amortized cost are as follows (Unit:<br>Korean Won in millions):
:---	:---
1)	Loss allowance
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(11,067	)			—			—			(11,067	)
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Net reversal of loss allowance			390				—			—			390
Others (*)			(37	)			—			—			(37	)

Ending balance			(10,714	)			—			—			(10,714	)

(*)	Others consist of foreign currencies translation, etc.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(10,763	)			—			—			(10,763	)
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Net reversal of loss allowance			217				—			—			217
Others (*)			73				—			—			73

Ending balance			(10,473	)			—			—			(10,473	)

(*)	Others consist of foreign currencies translation, etc.
:---	:---

57 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

2)	Gross carrying amount
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			18,718,526				—			—			18,718,526
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Acquisition			1,663,876				—			—			1,663,876
Disposal / Recovery			(2,084,560	)			—			—			(2,084,560	)
Amortization based on effective interest method			56,294				—			—			56,294
Others (*)			73,013				—			—			73,013

Ending balance			18,427,149				—			—			18,427,149

(*)	Others consist of foreign currencies translation, etc.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			19,213,940				—			—			19,213,940
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Acquisition			2,473,315				—			—			2,473,315
Disposal / Recovery			(2,871,657	)			—			—			(2,871,657	)
Amortization based on effective interest method			55,400				—			—			55,400
Others (*)			(97,818	)			—			—			(97,818	)

Ending balance			18,773,180				—			—			18,773,180

(*)	Others consist of foreign currencies translation, etc.
:---	:---

58 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

10.	LOANS AND OTHER FINANCIAL ASSETS AT AMORTIZED COST
(1)	Details of loans and other financial assets at amortized cost as of June 30, 2026 and December 31,<br>2025 are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Due from banks			3,392,689			2,674,644
Loans			404,570,817			398,706,030
Other financial assets			30,480,693			11,115,109

Total			438,444,199			412,495,783

(2)	Details of due from banks are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Due from banks in local currency:
Due from depository banks			492,654				531,542
Due from non-depository institutions			40,542				20,624
Due for securities trading			224,352				196,557
Others			164,262				407,445
Loss allowance			(908	)			(408	)

Sub-total			920,902				1,155,760

Due from banks in foreign currencies:
Due from banks on demand			138,827				149,839
Due from banks on time			522,529				276,498
Others			1,816,390				1,096,819
Loss allowance			(5,959	)			(4,272	)

Sub-total			2,471,787				1,518,884

Total			3,392,689				2,674,644

(3)	Details of restricted due from banks are as follows (Unit: Korean Won in millions):
:---	:---
		Counterparty		June 30, 2026			Reason of restriction
---	---	:---:	---	:---:	---	---	:---:
Due from banks in local currency:
Others		Citi Bank and others			224,556		Reserve deposits and others
Securities trading		Korea exchange and Korea Securities Finance Corporation			197,300		Customer deposit refund reserve and futures trading margin and others

		Sub-total			421,856

Due from banks in foreign currencies:
Due from banks on demand		National Bank of Cambodia and others			137,742		Reserve deposits and others
Due from banks on time		TORONTO DOMINION BANK, NEW YORK and others			184,980		Federal Reserve Discount Window and others
Others		BNP-PARIBAS, PAR and others			1,432,577		CSA collateral and others

		Sub-total			1,755,299

		Total			2,177,155

59 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Counterparty		December 31,<br>2025			Reason of restriction
Due from banks in local currency:
Others		Citi Bank and others			248,704		Reserve deposits
Securities trading		Korea Exchange Co.,Ltd. and Korea Securities Finance Corporation and others			165,304		Customer deposit refund reserve and futures trading margin and others

		Sub-total			414,008

Due from banks in foreign currencies:
Due from banks on demand		National Bank of Cambodia and others			149,279		Reserve deposits and others
Due from banks on time		Toronto Dominion Bank, New York, and others			129,141		Federal Reserve Discount Window
Others		GOLDMAN SACHS INTL., LON and others			775,829		CSA collateral and others

		Sub-total			1,054,249

		Total			1,468,257

(4)	Changes in the loss allowance and gross carrying amount of due from banks are as follows (Unit: Korean Won in<br>millions):
:---	:---
1)	Allowance for credit losses
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(4,680	)			—			—			(4,680	)
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Provision for allowance for credit loss			(2,078	)			—			—			(2,078	)
Others (*)			(109	)			—			—			(109	)

Ending balance			(6,867	)			—			—			(6,867	)

(*)	Changes due to foreign currencies translation, etc.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(6,327	)			—			—			(6,327	)
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Reversal for allowance for credit loss			3,379				—			—			3,379
Others (*)			36				—			—			36

Ending balance			(2,912	)			—			—			(2,912	)

(*)	Changes due to foreign currencies translation, etc.
:---	:---

60 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

2)	Gross carrying amount
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Stage 1			Stage 2			Stage 3			Total
Beginning balance			2,679,324			—			—			2,679,324
Transfer to 12-month expected credit losses			—			—			—			—
Transfer to lifetime expected credit losses			—			—			—			—
Transfer to credit-impaired financial assets			—			—			—			—
Net increase(decrease)			643,528			—			—			643,528
Others (*)			76,704			—			—			76,704

Ending balance			3,399,556			—			—			3,399,556

(*)	Changes due to foreign currencies translation, etc.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			2,636,931				—			—			2,636,931
Transfer to 12-month expected credit losses			—				—			—			—
Transfer to lifetime expected credit losses			—				—			—			—
Transfer to credit-impaired financial assets			—				—			—			—
Net increase(decrease)			(627,354	)			—			—			(627,354	)
Others (*)			(73,531	)			—			—			(73,531	)

Ending balance			1,936,046				—			—			1,936,046

(*)	Changes due to foreign currencies translation, etc.
:---	:---
(5)	Details of loans are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Loans in local currency			331,332,164				322,659,399
Loans in foreign currencies			35,391,809				32,375,735
Domestic banker’s usance			3,289,592				2,647,891
Credit card accounts			14,821,387				13,960,884
Bills bought in foreign currencies			4,201,412				4,396,122
Bills bought in local currency			142,325				82,657
Factoring receivables			7,353				6,315
Advances for customers on guarantees			29,169				12,602
Private placement bonds			728,776				669,431
Securitized loans			3,990,991				3,325,383
Call loans			2,025,124				2,430,625
Bonds purchased under resale agreements			6,682,067				14,598,594
Financial lease receivables			894,595				991,331
Installment financial bond			2,525,040				2,429,860
Securities loans			950,413				445,960
Others			2,258				2,257
Loan origination costs and fees			921,014				926,343
Discounted present value			(8,744	)			(9,107	)
Allowance for credit losses			(3,355,928	)			(3,246,252	)

Total			404,570,817				398,706,030

61 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(6)	Changes in the loss allowance of loans are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Consumers									Corporates
		Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance			(204,589	)		(157,463	)		(316,231	)		(956,618	)		(480,701	)		(689,861	)		(9,309	)
Transfer to 12-month expected credit losses			(38,717	)		38,100			616			(48,163	)		45,202			2,961			—
Transfer to lifetime expected credit losses			15,108			(17,948	)		2,841			46,536			(50,821	)		4,286			—
Transfer to credit-impaired financial assets			5,568			20,950			(26,518	)		44,163			89,285			(133,448	)		—
Net reversal(provision) of allowance for credit losses			(7,723	)		(59,395	)		(213,752	)		(22,425	)		(51,972	)		(372,234	)		(6,627	)
Recovery			—			—			(24,056	)		—			—			(46,059	)		—
Charge-off			—			—			170,937			—			—			346,500			—
Disposal			—			292			40,644			3			770			141,854			5,217
Interest income from impaired loans			—			—			8,508			—			—			17,713			—
Others			9,324			163			(42,978	)		(146	)		1,609			19,224			(2,150	)

Ending balance			(221,029	)		(175,301	)		(399,989	)		(936,650	)		(446,628	)		(709,064	)		(12,869	)

		For the six-month period ended June 30, 2026
		Credit card accounts									Total
		Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance			(130,557	)		(103,829	)		(197,094	)		(1,291,764	)		(741,993	)		(1,203,186	)		(9,309	)
Transfer to 12-month expected credit losses			(21,529	)		21,428			101			(108,409	)		104,730			3,678			—
Transfer to lifetime expected credit losses			9,008			(10,668	)		1,659			70,652			(79,437	)		8,786			—
Transfer to credit-impaired financial assets			2,527			12,640			(15,167	)		52,258			122,875			(175,133	)		—
Net reversal(provision) of allowance for credit losses			2,430			(23,195	)		(203,564	)		(27,718	)		(134,562	)		(789,550	)		(6,627	)
Recovery			—			—			(12,877	)		—			—			(82,992	)		—
Charge-off			—			—			162,280			—			—			679,717			—
Disposal			—			—			52,009			3			1,062			234,507			5,217
Interest income from impaired loans			—			—			—			—			—			26,221			—
Others			—			—			—			9,178			1,772			(23,754	)		(2,150	)

Ending balance			(138,121	)		(103,624	)		(212,653	)		(1,295,800	)		(725,553	)		(1,321,706	)		(12,869	)

62 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month period ended June 30, 2025
	Consumers									Corporates
	Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance		(228,330	)		(148,315	)		(280,125	)		(971,499	)		(699,646	)		(625,921	)		(7,295	)
Transfer to 12-month expected credit losses		(32,235	)		29,452			2,783			(77,060	)		71,646			5,414			—
Transfer to lifetime expected credit losses		20,478			(23,348	)		2,870			40,794			(45,222	)		4,428			—
Transfer to credit-impaired financial assets		6,608			17,003			(23,611	)		53,571			109,025			(162,596	)		—
Net reversal(provision) of allowance for credit losses		35,669			(45,775	)		(155,624	)		(14,002	)		65,907			(525,019	)		(2,713	)
Recovery		—			—			(22,436	)		—			—			(14,815	)		—
Charge-off		—			—			125,125			—			—			282,735			—
Disposal		15			599			44,115			4			1,368			129,635			3,205
Interest income from impaired loans		—			—			8,071			—			—			15,571			—
Others		(678	)		721			1,995			14,649			(4,440	)		45,461			(2,582	)

Ending balance		(198,473	)		(169,663	)		(296,837	)		(953,543	)		(501,362	)		(845,107	)		(9,385	)

	For the six-month period ended June 30, 2025
	Credit card accounts									Total
	Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance		(123,297	)		(115,030	)		(158,167	)		(1,323,126	)		(962,991	)		(1,064,213	)		(7,295	)
Transfer to 12-month expected credit losses		(32,765	)		32,645			120			(142,060	)		133,743			8,317			—
Transfer to lifetime expected credit losses		9,354			(10,601	)		1,247			70,626			(79,171	)		8,545			—
Transfer to credit-impaired financial assets		2,771			9,112			(11,883	)		62,950			135,140			(198,090	)		—
Net reversal(provision) of allowance for credit losses		12,802			(26,592	)		(213,900	)		34,469			(6,460	)		(894,543	)		(2,713	)
Recovery		—			—			(12,052	)		—			—			(49,303	)		—
Charge-off		—			—			164,556			—			—			572,416			—
Disposal		—			—			33,237			19			1,967			206,987			3,205
Interest income from impaired loans		—			—			—			—			—			23,642			—
Others		—			—			—			13,971			(3,719	)		47,456			(2,582	)

Ending balance		(131,135	)		(110,466	)		(196,842	)		(1,283,151	)		(781,491	)		(1,338,786	)		(9,385	)

63 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(7)	Changes in the gross carrying amount of loans are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Consumers									Corporates
		Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance			147,019,855			15,304,705			932,172			211,707,132			10,163,569			1,717,711			1,137,650
Transfer to 12-month expected credit losses			6,457,271			(6,447,277	)		(9,994	)		2,530,370			(2,522,944	)		(7,426	)		—
Transfer to lifetime expected credit losses			(8,963,644	)		8,990,878			(27,234	)		(6,534,265	)		6,545,743			(11,477	)		—
Transfer to credit-impaired financial assets			(179,330	)		(225,642	)		404,973			(782,278	)		(532,572	)		1,314,850			—
Charge-off			—			—			(170,937	)		—			—			(346,500	)		—
Disposal			(10	)		(822	)		(114,686	)		(39	)		(2,449	)		(563,494	)		(5,217	)
Net increase(decrease)			2,951,201			(635,216	)		39,445			5,134,276			(1,422,581	)		(110,507	)		348,364

Ending balance			147,285,343			16,986,626			1,053,739			212,055,196			12,228,766			1,993,157			1,480,797

		For the six-month period ended June 30, 2026
		Credit card accounts									Total
		Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance			12,520,632			1,133,638			315,217			371,247,619			26,601,912			2,965,100			1,137,650
Transfer to 12-month expected credit losses			417,906			(417,731	)		(174	)		9,405,547			(9,387,952	)		(17,594	)		—
Transfer to lifetime expected credit losses			(685,394	)		687,784			(2,391	)		(16,183,303	)		16,224,405			(41,102	)		—
Transfer to credit-impaired financial assets			(93,802	)		(62,625	)		156,427			(1,055,410	)		(820,839	)		1,876,250			—
Charge-off			—			—			(162,280	)		—			—			(679,717	)		—
Disposal			—			—			(89,207	)		(49	)		(3,271	)		(767,387	)		(5,217	)
Net increase(decrease)			1,067,255			(48,064	)		105,930			9,152,732			(2,105,861	)		34,868			348,364
Changes due to business combinations			—			—			—			—			—			—			—

Ending balance			13,226,597			1,293,002			323,522			372,567,136			30,508,394			3,370,418			1,480,797

64 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month period ended June 30, 2025
	Consumers									Corporates
	Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance		141,003,546			15,063,902			781,868			206,025,023			11,425,641			1,491,816			1,147,147
Transfer to 12-month expected credit losses		3,975,175			(3,964,479	)		(10,696	)		2,774,928			(2,763,660	)		(11,268	)		—
Transfer to lifetime expected credit losses		(5,948,290	)		5,977,116			(28,826	)		(4,148,571	)		4,162,615			(14,044	)		—
Transfer to credit-impaired financial assets		(203,121	)		(225,702	)		428,823			(580,776	)		(554,468	)		1,135,244			—
Charge-off		—			—			(125,125	)		—			—			(282,735	)		—
Disposal		(117	)		(1,425	)		(130,042	)		(16	)		(4,678	)		(451,388	)		(3,205	)
Net increase(decrease)		4,132,003			(1,386,331	)		(101,528	)		3,284,994			(1,518,470	)		77,943			(17,908	)

Ending balance		142,959,196			15,463,081			814,474			207,355,582			10,746,980			1,945,568			1,126,034

	For the six-month period ended June 30, 2025
	Credit card receivables									Total
	Stage 1			Stage 2			Stage 3			Stage 1			Stage 2			Stage 3			Credit<br>impairment<br>model
Beginning balance		11,171,885			1,036,118			279,973			358,200,454			27,525,661			2,553,657			1,147,147
Transfer to 12-month expected credit losses		434,448			(434,254	)		(194	)		7,184,551			(7,162,393	)		(22,158	)		—
Transfer to lifetime expected credit losses		(435,230	)		437,067			(1,837	)		(10,532,091	)		10,576,798			(44,707	)		—
Transfer to credit-impaired financial assets		(89,238	)		(51,608	)		140,846			(873,135	)		(831,778	)		1,704,913			—
Charge-off		—			—			(164,556	)		—			—			(572,416	)		—
Disposal		—			—			(54,202	)		(133	)		(6,103	)		(635,632	)		(3,205	)
Net increase(decrease)		(109,222	)		(166,812	)		134,486			7,307,775			(3,071,613	)		110,901			(17,908	)

Ending balance		10,972,643			820,511			334,516			361,287,421			27,030,572			3,094,558			1,126,034

65 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(8)	Details of other financial assets are as follows (Unit: Korean Won in millions):
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Cash Management Account asset (CMA asset)			95,000				115,000
Receivables			26,488,636				7,543,495
Accrued income			2,564,466				2,277,963
Telex and telephone subscription rights and refundable deposits			805,925				805,980
Domestic exchange settlement debit			327,398				273,249
Other assets			513,945				437,085
Allowance for credit losses			(314,677	)			(337,663	)

Total			30,480,693				11,115,109

(9)	Changes in the allowances for credit losses on other financial assets are as follows (Unit: Korean Won in<br>millions):
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2				Stage 3				Total
Beginning balance			(27,255	)			(13,656	)			(296,752	)			(337,663	)
Transfer to 12-month expected credit losses			(304	)			266				38				—
Transfer to lifetime expected credit losses			237				(316	)			79				—
Transfer to credit-impaired financial assets			245				918				(1,163	)			—
Reversal (provision) of loss allowance			3,876				(1,213	)			9,503				12,166
Charge-off			—				—				10,988				10,988
Disposal			—				—				372				372
Others			(312	)			(323	)			95				(540	)

Ending balance			(23,513	)			(14,324	)			(276,840	)			(314,677	)

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2				Stage 3				Total
Beginning balance			(20,934	)			(22,020	)			(170,060	)			(213,014	)
Transfer to 12-month expected credit losses			(1,032	)			467				565				—
Transfer to lifetime expected credit losses			277				(339	)			62				—
Transfer to credit-impaired financial assets			274				2,168				(2,442	)			—
Reversal (provision) of loss allowance			2,010				5,054				(91,852	)			(84,788	)
Charge-off			—				—				7,019				7,019
Disposal			—				—				611				611
Others			1,407				172				(182	)			1,397

Ending balance			(17,998	)			(14,498	)			(256,279	)			(288,775	)

66 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(10)	Changes in the gross carrying amount of other financial assets are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2				Stage 3				Total
Beginning balance			10,775,002				78,348				599,422				11,452,772
Transfer to 12-month expected credit losses			16,595				(16,554	)			(41	)			—
Transfer to lifetime expected credit losses			(28,771	)			28,858				(87	)			—
Transfer to credit-impaired financial assets			(4,400	)			(4,274	)			8,674				—
Charge-off			—				—				(10,988	)			(10,988	)
Disposal			—				—				(410	)			(410	)
Net increase (decrease)			19,259,182				21,593				73,221				19,353,996

Ending balance			30,017,608				107,971				669,791				30,795,370

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2				Stage 3				Total
Beginning balance			9,435,449				99,254				450,229				9,984,932
Transfer to 12-month expected credit losses			17,924				(15,509	)			(2,415	)			—
Transfer to lifetime expected credit losses			(23,818	)			23,886				(68	)			—
Transfer to credit-impaired financial assets			(7,128	)			(11,357	)			18,485				—
Charge-off			—				—				(7,019	)			(7,019	)
Disposal			—				—				(674	)			(674	)
Net increase (decrease)			12,596,229				(3,775	)			112,937				12,705,391

Ending balance			22,018,656				92,499				571,475				22,682,630

67 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

11.	FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES
(1)	The fair value hierarchy
:---	:---

The fair value hierarchy for financial instruments is determined by the amount of observable market data. The specific financial instruments characteristics and market condition such as the existence of the transactions among market participants and transparency are reflected to the market observable inputs. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities. The Group maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring the fair value of its financial assets and financial liabilities. Fair value is measured based on the perspective of a market participant. As such, even when market assumptions are not readily available, the Group’s own assumptions reflect those that market participants would use for measuring the assets or liabilities at the measurement date.

The fair value measurement is described in the one of the following three levels used to classify fair value measurements:

•	Level 1 - fair value measurements are those derived from quoted prices (unadjusted) in active markets for<br>identical assets or liabilities. The types of financial assets or liabilities generally included in Level 1 are publicly traded equity securities, derivatives, and debt securities issued by governmental bodies.
•	Level 2 - fair value measurements are those derived from inputs other than quoted prices included within<br>Level 1 that are observable for the asset or liability, either directly (i.e. prices) or indirectly (i.e. derived from prices). The types of financial assets or liabilities generally included in Level 2 are debt securities not traded in<br>active markets and derivatives traded in OTC but not required significant judgment.
:---	:---
•	Level 3 - fair value measurements are those derived from valuation technique that include inputs for the assets<br>or liabilities that are not based on observable market data (unobservable inputs). The types of financial assets or liabilities generally included in Level 3 are non-public securities and derivatives and<br>debt securities of which valuation techniques require significant judgments and subjectivity.
:---	:---

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Group’s assessment of the significance of a particular input to a fair value measurement in its entirety requires judgment and consideration of inherent factors of the asset or liability.

68 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Fair value hierarchy of financial assets and liabilities measured at fair value are as follows (Unit: Korean<br>Won in millions):
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Level 1 (*)			Level 2 (*)			Level 3			Total
Financial assets:
Financial assets at FVTPL
Deposits			259,846			—			—			259,846
Debt securities			4,542,129			6,049,539			100,729			10,692,397
Equity securities			1,707,495			—			585,064			2,292,559
Capital contributions			—			6,859			3,262,711			3,269,570
Beneficiary certificates			1,172,065			4,792,893			7,547,818			13,512,776
Loans			—			335,936			331,663			667,599
Derivative assets			11			9,173,021			850			9,173,882
Other financial assets in foreign currency			—			10,011			90,770			100,781
Others			—			322,320			293,740			616,060

Sub-total			7,681,546			20,690,579			12,213,345			40,585,470

Financial assets at FVTOCI
Debt securities			31,185,196			50,290,261			—			81,475,457
Equity securities			569,723			—			1,127,310			1,697,033
Loans			—			—			272,271			272,271

Sub-total			31,754,919			50,290,261			1,399,581			83,444,761

Derivative assets (designated for hedging)			—			155,219			—			155,219

Total			39,436,465			71,136,059			13,612,926			124,185,450

Financial liabilities:
Financial liabilities at FVTPL
Deposits due to customers			259,081			—			—			259,081
Derivative liabilities			—			8,050,870			1,119			8,051,989
Securities sold			299,131			—			—			299,131

Sub-total			558,212			8,050,870			1,119			8,610,201
Financial liabilities designated to be measured at FVTPL
Deposits due to customers			—			426,494			—			426,494
Derivative liabilities (designated for hedging)			—			1,181,254			—			1,181,254

Total			558,212			9,658,618			1,119			10,217,949

(*)	There were no transfers between Level 1 and Level 2 of financial assets and liabilities measured at<br>fair value. The Group recognizes transfers among levels at the end of reporting period in which events have occurred or conditions have changed.
:---	:---

69 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		December 31, 2025
		Level 1 (*)		Level 2 (*)		Level 3		Total
Financial assets:
Financial assets at FVTPL
Deposits			261,470		—		—		261,470
Debt securities			4,635,643		4,840,091		76,347		9,552,081
Equity securities			1,063,788		—		549,631		1,613,419
Capital contributions			—		12,186		3,073,129		3,085,315
Beneficiary certificates			1,118,879		4,112,983		7,127,621		12,359,483
Loans			—		901,831		224,615		1,126,446
Derivative assets			—		5,773,283		920		5,774,203
Other financial assets in foreign currency			—		1,898		83,949		85,847
Others			—		146,475		240,736		387,211

Sub-total			7,079,780		15,788,747		11,376,948		34,245,475

Financial assets at FVTOCI
Debt securities			29,820,964		52,240,432		—		82,061,396
Equity securities			363,401		—		1,064,484		1,427,885
Loans			—		—		10,241		10,241

Sub-total			30,184,365		52,240,432		1,074,725		83,499,522

Derivative assets (designated for hedging)			—		217,180		—		217,180

Total			37,264,145		68,246,359		12,451,673		117,962,177

Financial liabilities:
Financial liabilities at FVTPL
Deposits due to customers			263,251		—		—		263,251
Derivative liabilities			—		5,129,428		236		5,129,664
Securities sold			496,518		—		—		496,518

Sub-total			759,769		5,129,428		236		5,889,433

Financial liabilities designated to be measured at FVTPL
Deposits due to customers			—		467,501		—		467,501
Derivative liabilities (designated for hedging)			—		615,361		—		615,361

Total			759,769		6,212,290		236		6,972,295

(*)	There were no transfers between Level 1 and Level 2 of financial assets and liabilities measured at<br>fair value. The Group recognizes transfers among levels at the end of reporting period in which events have occurred or conditions have changed.
:---	:---

70 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Financial assets and liabilities at FVTPL, financial liabilities at FVTPL designated as upon initial recognition, financial assets at FVTOCI, and derivative assets and liabilities are recognized at fair value. Fair value is the amount that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date.

Financial instruments are measured at fair value using a quoted market price in active markets. If there is no active market for a financial instrument, the Group determines the fair value using valuation methods. Valuation methods and input variables for each type of financial instruments are as follows:

1)	Valuation methods and input variables for each type of financial instrument classified into level 2 as of<br>June 30, 2026 and December 31, 2025 are as follows:
		Valuation methods		Input variables
---	---	:---:	---	:---:
Debt securities		Fair value is measured by discounting the future cash flows of debt securities applying the<br>risk-free market rate with credit spread.		Risk-free market rate, credit spread, matrix method yield to maturity, effective credit grade, company-specific risk spread, weighted average expected maturity of MBS with consideration for prepayment, discount rate.
Equity securities, capital contributions and beneficiary certificates		Fair value is measured by using the net asset value method, prior transaction method, DCF, FCFE<br>(Free Cash Flow to Equity Model), Comparable Company Analysis, Dividend Discount Model, risk adjusted discount rate method, LSMC (Least-Squares Monte Carlo), Hull-White model and Binomial tree model.		Values of underlying assets such as bond, risk-free market rate, terminal growth rate, market risk<br>premium, corporate beta, discount rate based on credit rating, volatility of stock prices, volatility of interest rates, volatility of liquidation value and exchange rates.
Derivatives		Fair value is measured using valuation techniques commonly employed by market participants,<br>including option pricing models, discounted cash flow (DCF) models, Least-Squares Monte Carlo (LSMC), net asset value method, implied forward rate calculation methods, regression analysis methods, and valuation techniques based on observable market<br>inputs for derivatives such as interest rate swaps, currency swaps, etc.		Discount rate, volatility of underlying assets, exchange rate, risk-free market rate, credit spread, forward rate, OIS, KTB, and CDS rates.
Loans		The future cash flows of debt instruments are measured at a discount by applying the market<br>interest rate applied to entities with similar creditworthiness to the debtor.		Risk-free market rate and credit spread
Deposits due to customers		Fair value is measured by Hull-White model.		Discount rate, swaption volatility, etc.
2)	Valuation methods and input variables for each type of financial instrument classified into Level 3 as of<br>June 30, 2026 and December 31, 2025 are as follows :
:---	:---

71 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	Valuation methods	Input variables
Loans	Fair value is measured by using the DCF model (Discounted Cash Flow Model), LSMC (Least-Squares<br>Monte Carlo) and Hull-White which are generally used in the market considering the price of underlying assets and volatility.	Price of underlying assets, volatility, discount rate, volatility of stock, risk-free market rate,<br>credit spread, interest rate, correlation coefficient
Equity securities, capital contributions and beneficiary certificates	Fair value is measured using one or more valuation methodologies—such as the Discounted Cash<br>Flow (DCF) model, Free Cash Flow to Equity (FCFE) model, comparable company analysis, dividend discount model, risk-adjusted discount rate method, net asset value method, LSMC, binomial model, market approach,<br>Hull-White model, Monte-Carlo Simulation or precedent transactions model —selected as appropriate in consideration of the characteristics of the valuation subject.	Risk-free market return, market risk premium, company<br>beta, stock price, underlying asset volatility, fair value of underlying assets, price of the underlying asset, recent transaction price, discount rate based on credit rating, interest rate volatility, real estate sale price volatility, price-to-book ratio (PBR), price-to-sales ratio (PSR), net asset value, paid-in capital increase amount, issuance information by instrument, matrix-based yield to maturity (YTM), company-specific risk<br>spread, perpetual growth rate, liquidation value change rate and interest rate.
Debt securities	Fair value is measured by using the LSMC (Least-Squares Monte Carlo) and Hull-White.	Discount rate based on credit rating, volatility of stock, Interest rate volatility.
Derivatives	Fair value is measured by models such as option model.	Stock price, volatility of underlying assets etc.
Others	The fair value of the underlying asset, after calculating the fair value using the DCF model,<br>etc., considering the price and volatility of the calculated underlying asset, is calculated using the binomial tree, which is commonly used valuation techniques in the market.	Stock price, volatility of underlying assets etc.

72 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Valuation methods of financial assets and liabilities measured at fair value and classified into Level 3 and significant but unobservable inputs are as follows:

	June 30, 2026
	Fair value measurement<br>technique	Type	Significant<br><br>unobservable inputs	Range	Impact of changes in significant<br>unobservable inputs on fair value<br>measurement
Debt securities	LSMC(Hull-White)		Volatility	38.50%~101.49%	Variation of fair value increases as volatility increases.
Loans	DCF model		Discount rate	0.16% ~ 5.75%	Fair value increases as discount rate decreases.
	Hull-White model		Volatility	0.65%, 1.03%	Variation of fair value increases as volatility increases.
Derivative assets	Option valuation model and others	Equity related	Stock prices, Volatility of underlying asset	45.58%	Variation of fair value increases as volatility and stock price increases.
			Discount rate	13.87%~14.36%	Fair value increases as discount rate decreases.
			Liquidation value	0.00%	Fair value increases as liquidation value increases.
Equity securities, capital contributions, and Beneficiary certificates	Binomial Tree		Volatility of stock	41.11%	Variation of fair value increases as volatility of stock increases.
			Stock prices, Volatility of underlying asset	19.82%~48.05%	Variation of fair value increases as volatility and stock price increases
	DCF model and others		Discount rate	3.04%~18.23%	Fair value increases as discount rate decreases.
			Terminal growth rate	0.00%~1.00%	Fair value increases as terminal growth rate increases.
			Interest rate	2.72%~4.34%	Fair value increases as interest rate decreases.
			Liquidation value	-1.00%~1.00%	Fair value increases as liquidation value increases.
			Weighted Average Cost of Capital	7.78%~9.78%	Fair value increases as weighted average cost of capital decreases.
			Volatility	3.49%~50.96%	Variation of fair value increases as volatility increases.
	LSMC(Hull-White)		Volatility	0.65%	Variation of fair value increases as volatility increases.
			Discount rate	3.61% ~ 7.48%	Fair value increases as discount rate decreases.
	Market approach		Stock price	8,059	Variation of fair value increases as stock price increases.
	Net asset value method		Volatility of liquidation value, etc.	0.00%	Fair value increases as liquidation value increases.
Others	Binomial Tree		Stock prices, Volatility of underlying asset	19.82%~65.17%	Variation of fair value increases as volatility and stock price increases.

73 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	December 31, 2025
	Fair value measurement<br>technique	Type	Significant<br><br>unobservable inputs	Range	Impact of changes in significant<br>unobservable inputs on fair value<br>measurement
Debt securities	LSMC(Hull-White)		Volatility	23.45%~37.48%	Variation of fair value increases as volatility increases.
Loans	DCF model and others		Discount rate	0.70%~5.26%	Fair value increases as discount rate decreases.
Derivatives	Option valuation model<br>and others	Equity related	Stock prices, Volatility of underlying asset	22.55%	Variation of fair value increases as volatility and stock price increases.
			Discount rate	16.88%	Fair value increases as discount rate decreases.
			Liquidation value	0.00%	Fair value increases as liquidation value increases.
Stocks, capital contributions, and beneficiary certificates	Binomial Tree		Volatility of stock	20.19%~31.51%	Fair value increases as volatility of stock increases
			Stock prices, Volatility of underlying asset	14.91%~34.34%	Variation of fair value increases as volatility of underlying asset and stock price<br>increases.
	DCF model and others		Discount rate	2.77%~19.05%	Fair value increases as discount rate decreases.
			Terminal growth rate	0.00%~1.00%	Fair value increases as terminal growth rate increases.
			Liquidation value	-1.00%~12.41%	Fair value increases as liquidation value increases.
			Interest rate	2.38%~3.42%	Fair value increases as interest rate decreases.
	LSMC(Hull-White)		Volatility	0.56%	Variation of fair value increases as volatility increases.
			Discount rate	3.83%~6.10%	Fair value increases as discount rate decreases.
	Market Value Approach		Stock volatility	27.86%~31.51%	Variation of fair value increases as stock volatility increases.
Others	Binomial Tree and others		Stock prices, Volatility of underlying asset	14.91%~42.44%	Variation of fair value increases as volatility of underlying asset and stock price<br>increases.

Fair value of financial assets and liabilities classified into Level 3 is measured by the Group using its own valuation methods or using external specialists. Unobservable inputs used in the fair value measurements are produced by the internal system of the Group and the appropriateness of inputs is reviewed regularly.

74 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3) Changes in financial assets and liabilities measured at fair value classified into Level 3 are as follows (Unit: Korean Won in millions):

		For the six-month period ended June 30, 2026
		Beginning<br>balance		Net income<br>(loss) (*1)			Other<br>comprehensive<br>income		Purchases/<br>issuances		Disposals /<br>settlements			Transfer<br>to or out<br>of Level 3<br>(*2)			Ending<br>balance
Financial assets:
Financial assets at FVTPL
Debt securities			76,347		(243	)		—		28,140		(3,515	)		—			100,729
Equity securities			549,631		51,777			—		79,444		(94,427	)		(1,361	)		585,064
Capital contributions			3,073,129		65,750			—		346,677		(222,845	)		—			3,262,711
Beneficiary certificates			7,127,621		66,743			—		571,495		(218,041	)		—			7,547,818
Loans			224,615		(3,832	)		—		312,901		(196,825	)		(5,196	)		331,663
Derivative assets			920		(70	)		—		—		—			—			850
Other foreign currency financial assets			83,949		4,067			—		2,754		—			—			90,770
Others			240,736		5,799			—		50,998		(3,793	)		—			293,740

Sub-total			11,376,948		189,991			—		1,392,409		(739,446	)		(6,557	)		12,213,345

Financial assets at FVTOCI
Equity securities			1,064,484		—			27,187		36,004		(365	)		—			1,127,310
Loans			10,241		—			42		273,336		(11,348	)		—			272,271
Sub-total			1,074,725		—			27,229		309,340		(11,713	)		—			1,399,581

Total			12,451,673		189,991			27,229		1,701,749		(751,159	)		(6,557	)		13,612,926

Financial liabilities:
Financial liabilities at FVTPL
Derivative liabilities			236		883			—		—		—			—			1,119

Total			236		883			—		—		—			—			1,119

(*1)	For financial liabilities, positive numbers represent losses that increase balance and negative numbers<br>represent gains that decrease balance. The gain amounting to 182,209 million Won for the period ended June 30, 2026, which is from financial assets and liabilities that the Group holds as at the end of the period.
:---	:---
(*2)	The Group recognizes transfers among levels at the end of reporting period in which events have occurred or<br>conditions have changed.
:---	:---

75 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		For the six-month period ended June 30, 2025
		Beginning<br>balance		Net income<br>(loss) (*1)			Other<br>comprehensive<br>income			Purchases/<br>issuances		Disposals /<br>settlements			Transfer to<br>or out of<br>Level 3<br>(*2)			Ending<br>balance
Financial assets:
Financial assets at FVTPL
Debt securities			7,357		1,674			—			35,607		(1,504	)		—			43,134
Equity securities			398,899		(3,793	)		—			35,991		(12,949	)		(13,119	)		405,029
Capital contributions			2,853,513		(21,953	)		—			211,219		(136,155	)		—			2,906,624
Beneficiary certificates			2,105,160		(9,377	)		—			152,135		(91,808	)		—			2,156,110
Loans			34,776		1,310			—			20,835		(6,555	)		—			50,366
Derivative assets			1,188		81			—			—		(53	)		—			1,216
Other foreign currency financial assets			48,345		(3,225	)		—			33,732		—			—			78,852
Others			238,266		6,825			—			2,545		(12,561	)		—			235,075

Sub-total			5,687,504		(28,458	)		—			492,064		(261,585	)		(13,119	)		5,876,406

Financial assets at FVTOCI
Equity securities			559,434		—			22,709			—		(26	)		(5,216	)		576,901
Loans			—		—			(9	)		66,102		(28,549	)		—			37,544

Sub-total			559,434		—			22,700			66,102		(28,575	)		(5,216	)		614,445

Total			6,246,938		(28,458	)		22,700			558,166		(290,160	)		(18,335	)		6,490,851

Financial liabilities:
Financial liabilities at FVTPL
Derivative liabilities			1,402		—			—			—		(1,402	)		—			—

Total			1,402		—			—			—		(1,402	)		—			—

(*1)	For financial liabilities, positive numbers represent losses that increase balance and negative numbers<br>represent gains that decrease balance. The loss amounting to 26,923 million Won for the period ended June 30, 2025, which is from financial assets and liabilities that the Group holds as at the end of the period.
:---	:---
(*2)	The Group recognizes transfers among levels at the end of reporting period in which events have occurred or<br>conditions have changed.
:---	:---

76 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Sensitivity analysis results on reasonable fluctuation of the significant unobservable input variables for the<br>fair value of Level 3 financial instruments are as follows.

The sensitivity analysis of the financial instruments has been performed by classifying with favorable and unfavorable changes based on how changes in unobservable assumptions would have effects on the fluctuations of financial instruments’ value. When the fair value of a financial instrument is affected by two or more unobservable input variables, the sensitivity analysis is calculated by assuming the most favorable or the most unfavorable scenario. The sensitivity analysis was performed for two types of level 3 financial instruments: (1) interest rate related derivatives, currency related derivatives, equity related derivatives, equity-linked securities beneficiary certificates and loans of which fair value changes are recognized as net income; (2) equity securities of which fair value changes are recognized as other comprehensive income.

Meanwhile, among the financial instruments that are classified as Level 3 amounting to 13,614,045 million Won and 12,451,909 million Won as of June 30, 2026 and December 31, 2025, respectively, equity instruments of 7,318,619 million Won and 6,234,075 million Won whose carrying amount are considered to represent the reasonable approximation of fair value are excluded from the sensitivity analysis.

The sensitivity on fluctuation of input variables by financial instruments as of June 30, 2026 and December 31, 2025 is as follows (Unit: Korean Won in millions):

		June 30, 2026
		Net income (loss)					Other comprehensive<br>income (loss)
		Favorable		Unfavorable			Favorable		Unfavorable
Financial assets:
Financial assets at FVTPL
Derivative assets (1)(4)			24		(25	)		—		—
Loans (*2)			201		(621	)		—		—
Debt securities (*3)			1,260		(1,160	)		—		—
Equity securities (2) (4) (*5)			15,839		(12,703	)		—		—
Beneficiary certificates (5)(6)			51,971		(54,296	)		—		—
Others (*4)			2,957		(2,712	)		—		—
Financial assets at FVTOCI
Equity securities (*5)			—		—			61,151		(61,176	)

Total			72,252		(71,517	)		61,151		(61,176	)

(*1)	Fair value changes of equity related derivatives assets and liabilities are calculated by increasing or<br>decreasing liquidation value or discount rate, which are major unobservable variables, by 1%p each, respectively.
:---	:---
(*2)	Fair value changes of equity securities are calculated by increasing or decreasing growth rate (0%p~1%p) and<br>discount rate or liquidation value (-1%~1%), which are major unobservable variables.
:---	:---
(*3)	Fair value changes of debt securities are calculated by increasing or decreasing stock price volatility, which<br>is major unobservable variables, by 10%.
:---	:---
(*4)	Fair value changes of equity securities are calculated by increasing or decreasing stock price (-10%~10%) and volatility (-10%p~10%p), which are major unobservable variables.
:---	:---
(*5)	Fair value changes of equity securities are calculated by increasing or decreasing discount rate (-1%p~1%p) and growth rate (-1%p~2%p) and or liquidation value (-1%p~1%p), which are major unobservable variables.
:---	:---
(*6)	Even if the sensitivity analysis of the beneficiary certificates is not possible in practice, fair value<br>changes of the financial assets whose major unobservable variables are composed of the real estate are calculated by increasing or decreasing liquidation value of real estate which is underlying assets by 1%p.
:---	:---

77 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		December 31, 2025
		Net income (loss)							Other comprehensive<br>income (loss)
		Favorable			Unfavorable				Favorable			Unfavorable
Financial assets:
Financial assets at FVTPL
Derivative assets (1) (4)			19			(19	)			—			—
Loans (*2)			258			(265	)			—			—
Debt securities (*3)			1,343			(1,360	)			—			—
Equity securities (2) (4) (*5)			23,858			(17,454	)			—			—
Beneficiary certificates (5) (6)			55,124			(52,986	)			—			—
Others (*4)			2,731			(2,458	)			—			—
Financial assets at FVTOCI
Equity securities (*5)			—			—				50,556			(44,137	)

Total			83,333			(74,542	)			50,556			(44,137	)

(*1)	Fair value changes of equity related derivatives assets and liabilities are calculated by increasing or<br>decreasing liquidation value or discount rate, which are major unobservable variables, by 1%p each, respectively.
:---	:---
(*2)	Fair value changes of equity securities are calculated by increasing or decreasing the correlation between the<br>key unobservable inputs—growth rate (0%p~1%p) and discount rate, or liquidation value (-1%~1%) and discount rate.
:---	:---
(*3)	Fair value changes of debt securities are calculated by increasing or decreasing stock price volatility, which<br>is major unobservable variables, by 10%.
:---	:---
(*4)	Fair value changes of equity securities are calculated by increasing or decreasing stock price (-10%~10%) and volatility (-10%~10%), which are major unobservable variables.
:---	:---
(*5)	Fair value changes of equity securities are calculated by increasing or decreasing discount rate (-1%p~1%p) and growth rate (-1%p~1%p) and or liquidation value (-1%p~1%p), which are major unobservable variables.
:---	:---
(*6)	Even if the sensitivity analysis of the beneficiary certificates is not possible in practice, fair value<br>changes of the financial assets whose major unobservable variables are composed of the real estate are calculated by increasing or decreasing liquidation value of real estate which is underlying assets by 1%p.
:---	:---
(5)	Fair value and carrying amount of financial assets and liabilities that are recorded at amortized cost are as<br>follows (Unit: Korean Won in millions). Fair value information for cash that is not measured at fair value because the carrying amount is a reasonable approximation of fair value is not included.
:---	:---
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Fair value												Carrying<br>amount
		Level 1			Level 2			Level 3			Total
Financial assets:
Securities at amortized cost			6,754,257			11,460,687			—			18,214,944			18,416,435
Loans and other financial assets at amortized cost			—			28,063,177			411,269,957			439,333,134			438,444,199
Financial liabilities:
Deposits due to customers			—			377,716,389			—			377,716,389			378,088,907
Borrowings			—			39,899,871			530,006			40,429,877			40,530,558
Debentures			—			56,821,156			1,294,877			58,116,033			58,663,306
Investment contract liabilities			—			—			4,181,817			4,181,817			4,181,817
Other financial liabilities (*)			—			54,559,155			925,154			55,484,309			55,557,531
(*)	Lease liabilities are excluded as of June 30, 2026.
:---	:---

78 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		December 31, 2025
		Fair value								Carrying<br>amount
		Level 1		Level 2		Level 3		Total
Financial assets:
Securities at amortized cost			6,900,333		11,750,572		—		18,650,905		18,707,459
Loans and other financial assets at amortized cost			—		9,214,407		405,939,832		415,154,239		412,495,783
Financial liabilities:
Deposits due to customers			—		376,725,914		—		376,725,914		376,580,845
Borrowings			—		33,953,026		184,609		34,137,635		34,183,267
Debentures			—		54,302,059		1,256,084		55,558,143		55,583,392
Investment contract liabilities			—		—		3,433,611		3,433,611		3,433,611
Other financial liabilities (*)			—		36,473,258		932,195		37,405,453		37,576,486
(*)	Lease liabilities are excluded as of December 31, 2025.
:---	:---

The fair values of financial instruments are measured using quoted market price in active markets. In case there is no active market for financial instruments, the Group determines the fair value by using valuation methods. Valuation methods and input variables for financial assets and liabilities that are measured at amortized cost are given as follows:

		Valuation methods	Input variables
Securities at amortized cost		The fair value is measured by discounting the projected cash flows of debt securities by applying<br>risk-free market rate with credit spread.	Risk-free market rate and credit spread
Loans and other financial assets at amortized cost		The fair value is measured by discounting the projected cash flows of loan products by applying<br>the market discount rate that has been applied to a proxy company that has similar credit rating to the debtor.	Risk-free market rate, credit spread and prepayment rate
Deposits due to customers, borrowings, debentures and other financial liabilities		The fair value is measured by discounting the projected cash flow of debt products by applying the<br>market discount rate that is reflecting credit rating of the Group or the market discount rate used for similar in products.	Risk-free market rate, credit spread and forward rate
Investment contract liabilities		Since it is difficult to derive reliable expected cash flows, the book value of the reserves<br>calculated in accordance with the Insurance Business Act and the Insurance Supervisory Regulations was used as a proxy for fair value.	—
(6)	Deferred day 1 profits or losses
:---	:---

Changes in deferred day 1 profits or losses are as follows (Unit: Korean Won in millions):

	For the six-month period ended June 30
	2026		2025
Beginning balance		—		28
Amounts recognized in losses		—		(28	)

Ending balance		—		—

In case some variables to measure fair values of financial instruments are not observable in the market, valuation techniques are utilized to evaluate such financial instruments. Those financial instruments are recorded the transaction price as at the time of acquisition, even though there are difference noted between the transaction price and the fair value. The table above presents the difference yet to be realized as profit or loss as of June 30, 2026 and 2025.

79 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(7)	Financial instruments by category

Carrying amounts of financial assets and liabilities by each category are as follows (Unit: Korean Won in millions):

		June 30, 2026
Financial assets		Financial assets<br>at FVTPL			Financial assets<br>at FVTOCI			Financial assets at<br>amortized cost			Derivatives<br>assets<br>(designated for<br>hedging)			Total
Deposits			259,846			—			3,392,689			—			3,652,535
Securities			30,391,555			83,172,490			18,416,435			—			131,980,480
Loans			667,599			272,271			404,570,817			—			405,510,687
Derivative assets			9,173,882			—			—			155,219			9,329,101
Other financial assets			92,588			—			30,480,693			—			30,573,281

Total			40,585,470			83,444,761			456,860,634			155,219			581,046,084

		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
Financial liabilities		Financial liabilities<br>at FVTPL			Financial<br>liabilities<br>designated to<br>be measured<br>at FVTPL			Financial<br>liabilities at<br>amortized cost			Derivatives<br>liabilities<br>(designated for<br>hedging)			Total
Deposits due to customers			259,081			426,494			378,088,907			—			378,774,482
Borrowings			299,131			—			40,530,558			—			40,829,689
Debentures			—			—			58,663,306			—			58,663,306
Investment contract liabilities			—			—			4,181,817			—			4,181,817
Derivative liabilities			8,051,989			—			—			1,181,254			9,233,243
Other financial liabilities (*)			—			—			55,557,532			—			55,557,532

Total			8,610,201			426,494			537,022,120			1,181,254			547,240,069

(*)	Lease liabilities are excluded as of June 30, 2026.
:---	:---

80 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		December 31, 2025
Financial assets		Financial assets<br>at FVTPL			Financial assets<br>at FVTOCI			Financial assets at<br>amortized cost			Derivatives<br>assets<br>(designated for<br>hedging)			Total
Deposits			261,470			—			2,674,644			—			2,936,114
Securities			26,997,640			83,489,281			18,707,459			—			129,194,380
Loans			1,126,446			10,241			398,706,030			—			399,842,717
Derivative assets			5,774,203			—			—			217,180			5,991,383
Other financial assets			85,716			—			11,115,109			—			11,200,825

Total			34,245,475			83,499,522			431,203,242			217,180			549,165,419

		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
Financial liabilities		Financial<br>liabilities at<br>FVTPL			Financial<br>liabilities<br>designated to<br>be measured<br>at FVTPL			Financial<br>liabilities at<br>amortized cost			Derivatives<br>liabilities<br>(designated for<br>hedging)			Total
Deposits due to customers			263,251			467,501			376,580,845			—			377,311,597
Borrowings			496,518			—			34,183,267			—			34,679,785
Debentures			—			—			55,583,392			—			55,583,392
Investment contract liabilities			—			—			3,433,611			—			3,433,611
Derivative liabilities			5,129,664			—			—			615,361			5,745,025
Other financial liabilities (*)			—			—			37,576,486			—			37,576,486

Total			5,889,433			467,501			507,357,601			615,361			514,329,896

(*)	Lease liabilities are excluded as of December 31, 2025.
:---	:---

81 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

12.	INVESTMENTS IN JOINT VENTURES AND ASSOCIATES
(1)	Investments in associates accounted for using the equity method of accounting are as follows:
:---	:---
						Percentage of ownership (%)
---	---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---
Joint ventures and associates		Main business				June 30,<br>2026			December 31,<br>2025			Location				Financial<br>statements as of
Woori Bank
W Service Networks Co., Ltd. (1) (4)			Freight & staffing<br>services				4.9			4.9			Korea				2026-05-31
Korea Credit Bureau Co., Ltd. (*2)			Credit information				9.9			9.9			Korea				2026-06-30
Korea Finance Security Co., Ltd. (2) (4)			Security service				15.0			15.0			Korea				2026-05-31
Wongwang Co., Ltd. (*3)			Wholesale and real<br>estate				29.0			29.0			Korea				—
Sejin Construction Co., Ltd. (*3)			Construction				29.6			29.6			Korea				—
ARES-TECH Co., Ltd. (*3)			Electronic<br>component<br>manufacturing				23.4			23.4			Korea				—
Beomgyo.,Ltd. (*3)			Telecommunication<br>equipment retail<br>sales				23.1			23.1			Korea				—
K BANK Co., Ltd. (*7)			Finance				—			12.0			Korea				—
Partner One Value Up I Private Equity Fund			Other financial<br>services				23.3			23.3			Korea				2026-06-30
IBK KIP Seongjang Dideemdol 1st Private Investment Limited Partnership (*3)			Other financial<br>services				20.0			20.0			Korea				2026-06-30
Crevisse Raim Impact 1st Startup Venture Specialist Private Equity Fund			Other financial<br>services				25.0			25.0			Korea				2026-06-30
LOTTE CARD Co., Ltd. (*4)			Credit card and<br>installment<br>financing				20.0			20.0			Korea				2026-03-31
Union Technology Finance Investment Association			Other financial<br>services				29.7			29.7			Korea				2026-06-30
Orient Shipyard Co., Ltd. (3) (4)			Manufacture of<br>sections for ships				22.7			22.7			Korea				2026-03-31
Win Mortgage Co.,Ltd. (1) (4)			Other financial<br>services				4.5			4.5			Korea				2026-03-31
Samsung Together Korea IPPF private securities investment trust 3 [Equity-FoFs]			Other financial<br>services				100.0			100.0			Korea				2026-06-30
BTS 2nd Private Equity Fund			Other financial<br>services				20.0			20.0			Korea				2026-06-30
STASSETS FUND III			Other financial<br>services				28.3			28.3			Korea				2026-06-30
SF CREDIT PARTNERS, LLC(*2)			Other financial<br>services				10.0			10.0			United<br>States				2026-06-30
Dongwoo C & C Co., Ltd. (*3)			Construction				23.2			23.2			Korea				—
G2 Collection Co., Ltd. (*3)			Wholesale and<br>retail sales				28.9			28.9			Korea				—
PREXCO Co., Ltd. (*3)			Manufacturing				28.1			28.1			Korea				—
JiWon Plating Co., Ltd. (*3)			Plating				20.5			20.8			Korea				—
2026 SAZZE-IBKVC Deep Tech Fund (*11)			Other financial<br>services				23.8			—			Korea				2026-06-30
Woori Bank (*5)
Japanese Hotel Real Estate Private Equity Fund No.2			Other financial<br>services				19.9			19.9			Korea				2026-06-30
Woori Seoul Beltway Private Special Asset Fund No.1			Trust and collective<br>investment				25.0			25.0			Korea				2026-06-30

82 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership (%)
Joint ventures and associates	Main business	June 30,<br>2026		December 31,<br>2025		Location	Financial<br>statements as of
Woori Smart General Private Equity Investment Trust 1(bond)	Collective<br>investment<br>business		—		28.6	Korea		2026-06-30
Woori Asset Global Partnership Fund No. 5	Collective<br>investment<br>business		57.7		57.7	Korea		2026-06-30
Woori General Private Securities Investment Trust No. 5 (bond)	Collective<br>investment<br>business		28.6		28.6	Korea		2026-06-30
Woori Big Satisfaction General Private Securities Investment Trust No. 3 (bond)	Collective<br>investment<br>business		8.5		8.7	Korea		2026-06-30
Woori General Private Securities Investment Trust No. 6 (bond)	Collective<br>investment<br>business		28.6		28.6	Korea		2026-06-30
Woori General Private Securities Investment Trust No. 8 (bond)	Collective<br>investment<br>business		28.6		28.6	Korea		2026-06-30
Woori Smart General Private Equity Investment Trust No.1(bond)	Collective<br>investment<br>business		28.4		28.4	Korea		2026-06-30
Woori Future Energy Private Special Asset Investment Trust(General) No.1	Collective<br>investment<br>business		16.0		16.0	Korea		2026-06-30
Woori Financial Capital Co., Ltd.
WOORI TAERIM 1st Fund	Other financial<br>services		25.6		25.6	Korea		2026-06-30
Darwin Green Packaging Private Equity Fund	Other financial<br>services		20.4		20.4	Korea		2026-06-30
Koreawide partners 2nd Private Equity Fund	Other financial<br>services		26.7		26.7	Korea		2026-06-30
Woori Investment Securities Co., Ltd.
Lux-Mason Innovation Technology Fund#2	Other financial<br>services		23.1		23.1	Korea		2026-06-30
AIP NMC Venture Fund No.1	Other financial<br>services		26.8		26.8	Korea		2026-06-30
ST Fund No.52 (*11)	Other financial<br>services		45.5		—	Korea		2026-06-30
AP K-Beauty Investment Fund 1 (*11)	Other financial<br>services		68.2		—	Korea		2026-06-30
Wanted Lab 2601 New Technology Investment Fund (*11)	Other financial<br>services		23.8		—	Korea		2026-06-30
Best New Mobility New Technology Investment Fund<br>2^nd^ (*11)	Other financial<br>services		46.9		—	Korea		2026-06-30
Pioneer Investment Fund 3 (*11)	Other financial<br>services		31.3		—	Korea		2026-06-30
Daea 2026 Semiconductor Investment Fund (*11)	Other financial<br>services		31.7		—	Korea		2026-06-30
Wanted Lab 2607 New Technology Investment Fund (*11)	Other financial<br>services		22.5		—	Korea		2026-06-30
Wanted Lab 2608 New Technology Investment Fund (*11)	Other financial<br>services		36.7		—	Korea		2026-06-30

83 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

			Percentage of ownership (%)
Joint ventures and associates	Main business		June 30,<br>2026		December 31,<br>2025		Location		Financial<br>statements as of
Woori Investment Securities Co., Ltd. (*5)
Woori FirstValue Private Real Estate Fund No.2		Real estate<br>business		12.0		12.0		Korea		2026-06-30
Tongyang Life Insurance Co., Ltd. (*5)
Woori Global Secondary Private Placement Investment Trust No. 2		Collective<br>investment<br>business		12.0		12.0		Korea		2026-06-30
Woori Big Satisfaction Corporation MMF No. 1 (Government Bond)		Collective<br>investment<br>business		0.9		0.7		Korea		2026-06-30
ABL Life Insurance Co., Ltd. (*5)
Woori GS West Street Strategic Solutions General Type Private Special Asset Investment Trust<br>No.1		Collective<br>investment<br>business		25.0		25.0		Korea		2026-06-30
Woori PGIF4 General Type Private Special Asset Investment Trust No.1		Collective<br>investment<br>business		20.0		20.0		Korea		2026-06-30
Woori Asset Management Co. Ltd.
Woori Following Foreigners 40 Securities Sub-Investment<br>Trust [Bond Mixed-Fund of Funds] (*11)		Other financial<br>services		21.0		—		Korea		2026-06-30
Woori Secondary Fund 1 (*11)		Other financial<br>services		21.6		—		Korea		2026-06-30
Woori Private Equity Asset Management Co., Ltd.
Australia Green Energy 1st PEF(*10)		Other financial<br>services		4.0		4.0		Korea		2026-06-30
Aarden Woori Apparel 1st Private Equity Fund (*10)		Other financial<br>services		0.5		0.5		Korea		2026-06-30
NH Woori Dino Co-Investment NO.2 Private Equity Fund<br>(*10)		Other financial<br>services		4.8		4.8		Korea		2026-06-30
Woori Bailey National Growth Private Equity Fund(10)(11)		Other financial<br>services		0.8		—		Korea		2026-06-30
Woori Financial F&I Co., Ltd.
KCLAVIS NPL Investment Trust NO 1-2		Collective<br>investment<br>business		35.9		35.9		Korea		2026-06-30
Capstone Special Restructuring Private Investment Trust No.4		Collective<br>investment<br>business		46.2		46.2		Korea		2026-06-30
Woori Venture Partners Co., Ltd.
KTB-KORUS FUND(*8)		Asset Management		37.5		37.5		Korea		2026-06-30
KTBN Venture Fund No.8(8) (9)		Asset Management		21.7		21.7		Korea		2026-06-30
KTBN Digital Contents Korea Fund No.9(*7)		Asset Management		—		30.0		Korea		—
KTBN Media Contents Fund (8) (9) (*10)		Asset Management		15.0		15.0		Korea		2026-06-30
KTB China Synergy Fund(8) (9) (*10)		Asset Management		15.1		15.1		Korea		2026-06-30
KTBN Venture Fund No.13(8) (9) (*10)		Asset Management		19.6		19.6		Korea		2026-06-30

84 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership (%)
Joint ventures and associates	Main business	June 30,<br>2026		December 31,<br>2025		Location	Financial<br>statements as of
KTBN Future Contents Fund(9) (10)	Asset Management		13.3		13.3	Korea		2026-06-30
KTBN Venture Fund No.16(*10)	Asset Management		10.3		10.3	Korea		2026-06-30
KTBN Venture Fund No.18(*10)	Asset Management		10.1		10.1	Korea		2026-06-30
KB-KTB Technology Venture Fund(*10)	Asset Management		18.2		18.2	Korea		2026-06-30
Woori 2022 Scaleup Venture Fund	Asset Management		20.0		20.0	Korea		2026-06-30
Woori 2022 Start-up Venture Fund	Asset Management		30.1		30.1	Korea		2026-06-30
Woori 2025 Secondary Fund	Asset Management		20.0		20.0	Korea		2026-06-30
Chirochem	Medical material<br>Manufacturing		28.6		28.6	Korea		2026-06-30
Japanese Hotel Real Estate Private Equity Fund 1
Godo Kaisha Oceanos 1 (*7)	Other financial<br>services		—		47.8	Japan		—
Woori ESG Infrastructure Development General Type Private Investment Trust No.1
Ulsan Yeocheon Development Co., Ltd.	Sewage and<br>wastewater<br>management		50.0		50.0	Korea		2026-06-30
Woori bank and Woori card Co., Ltd. (*5)
SJCO Co., Ltd. (*3)	Aggregate<br>transportation and<br>wholesale		29.8		29.8	Korea		—
KG Fashion Co., Ltd. (3)(4)	Manufacturing		20.8		20.8	Korea		2026-05-31
Kyesan Engineering Co., Ltd. (*3)	Construction		23.3		23.3	Korea		—
Good Software Lap Co., Ltd. (*3)	Service		29.4		29.4	Korea		—
DAEA SNC Co., Ltd. (*3)	Wholesale and<br>retail sales		25.5		25.5	Korea		—
Youngdong Sea Food Co., Ltd. (*3)	Processed sea food<br>manufacturing		24.5		24.5	Korea		—
KUM HWA Co., Ltd. (*3)	Telecommunication<br>equipment retail<br>sales		20.1		20.1	Korea		2026-06-30
Jinmyung Plus Co., Ltd. (*3)	Manufacturing		21.3		21.3	Korea		—
Rea Company (*3)	Manufacturing		26.1		26.1	Korea		—
ARAM CMC Co.,Ltd. (*3)	Manufacturing		20.1		20.1	Korea		—
MARKET&FARM CO.,LTD. (3) (4)	Wholesale and<br><br>commodity<br>brokerage		23.7		23.7	Korea		2026-03-31
SAMJI TEXTILE CO.,LTD. (*3)	Wholesale and<br><br>commodity<br>brokerage		29.8		29.8	Korea		—
TH International Co., LTD (*3)	Cosmetics<br>wholesale and<br>general travel<br>services		21.5		21.5	Korea		—
Woori bank and Woori Financial Capital Co., Ltd. (*5)
JC Assurance No.2 Private Equity Fund (*8)	Other financial<br>services		23.4		23.4	Korea		—
Genesis Eco No.1 Private Equity Fund	Other financial<br>services		29.0		29.0	Korea		2026-06-30

85 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership (%)
Joint ventures and associates	Main business	June 30,<br>2026		December 31,<br>2025		Location		Financial<br>statements as of
Paratus Woori Material Component Equipment joint venture company	Other financial<br>services		29.9		29.9		Korea		2026-06-30
Midas No. 8 Private Equity Joint Venture Company	Other financial<br>services		28.5		28.5		Korea		2026-06-30
Orchestra Private Equity Fund IV	Other financial<br>services		28.2		28.2		Korea		2026-06-30
Synaptic Green No.1 PEF	Other financial<br>services		21.1		21.1		Korea		2026-06-30
IGEN2022No. 1 Private Equity Fund	Other financial<br>services		24.8		24.8		Korea		2026-06-30
PCC-Woori LP Secondary Fund	Other financial<br>services		38.8		38.8		Korea		2026-06-30
Synaptic Future Growth Private Equity Fund 1	Other financial<br>investment		23.8		23.8		Korea		2026-06-30
Woori bank and Tongyang Life Insurance Co., Ltd. (*5)
VOGO Fund (*3)	Other financial<br>investment		24.0		24.0		Korea		—
Woori Productive Financing Education Infrastructure General Private Special Asset Investment Trust<br>No.1	Collective<br>investment<br>business		14.6		14.6		Korea		2026-06-30
Woori Bank and Woori Venture Partners Co., Ltd. (*5)
Woori Venture-EverBest Corporate Turnaround Private Equity Fund (10)(11)	Other financial<br>investment		24.9		—		Korea		2026-06-30
Woori Investment Securities Co., Ltd. and Woori Financial Capital Co., Ltd. (*5)
Healthcare Investmetnt Fund	Other financial<br>investment		28.8		28.8		Korea		2026-06-30
NP Productive Finance Private Equity 1st Fund (*11)	Other financial<br>investment		21.8		—		Korea		2026-06-30
E&H Private Equity Fund (*11)	Other financial<br>investment		25.3		—		Korea		2026-06-30
Woori Asset Management Co., Ltd. and Tongyang Life Insurance Co., Ltd. (*5)
Woorinara Short-Term Bond Securities Investment Trust (Bond)	Collective<br>investment<br>business		1.6		6.8		Korea		2026-06-30
ABL Life Insurance Co., Ltd. and Woori Asset Management Co., Ltd. (*5)
Woori Together TDF 2025	Collective<br>investment<br>business		21.6		17.2		Korea		2026-06-30
Woori Together TDF 2030	Collective<br>investment<br>business		17.5		17.3		Korea		2026-06-30
Woori Together TDF 2035	Collective<br>investment<br>business		4.6		4.3		Korea		2026-06-30

86 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		Percentage of ownership (%)
Joint ventures and associates	Main business	June 30,<br>2026		December 31,<br>2025		Location		Financial<br>statements as of
Woori Together TDF 2040	Collective<br>investment<br>business		18.0		20.4		Korea		2026-06-30
Woori Investment Securities Co., Ltd. and Woori Asset Management Co., Ltd. (*5)
Woori Oncorp Corporate support of Major Industry General Type Private Investment Trust 2	Collective<br>investment<br>business		7.2		4.4		Korea		2026-06-30
Woori Bank and Woori Private Equity Asset Management Co., Ltd. (*5)
Woori-Q Corporate Restructuring Private Equity Fund<br>(*6)	Trust and<br>collective<br>investment		34.1		34.3		Korea		2026-06-30
Woori Eugene Energy Link Private Equity Fund	Other financial<br>services		7.9		7.9		Korea		2026-06-30
Woori NH Co-Growth Private Equity Fund I	Other financial<br>services		20.0		20.0		Korea		2026-06-30
ABL Life Insurance Co., Ltd. and Woori Private Equity Asset Management Co., Ltd. (*5)
Woori Dyno 1st Private Equity Fund (*10)	Other financial<br>services		49.0		19.6		Korea		2026-06-30
Woori Bank, ABL Life Insurance Co., Ltd. and Woori Private Equity Asset Management Co., Ltd.<br>(*5)
Woori IMM Green Net Zero Fund	Other financial<br>services		23.6		23.6		Korea		2026-06-30
Woori Financial Capital Co., Ltd., Woori Private Equity Asset Management Co., Ltd. (*5)
NH Woori New deal Co-Investment No.1 Private Equity<br>Fund	Other financial<br>services		19.5		19.5		Korea		2026-06-30
Woori Venture Partners Co., Ltd., ABL Life Insurance Co., Ltd. and Woori Asset Management Corp.<br>(*5)
Woori BIG SATISFACTION SHINJONG MMF 3rd	Collective<br>investment<br>business		4.1		6.4		Korea		2026-06-30
Woori Bank, Woori Financial Capital Co., Ltd., Woori Investment Securities Co., Ltd. and Woori<br>Private Equity Asset Management Co., Ltd. (*5)
Woori-Shinyoung Growth-Cap Private Equity Fund I	Other financial<br>services		35.0		35.0		Korea		2026-06-30
NH Woori Newdeal Growth Alpha Private Equity Fund 1	Other financial<br>services		33.0		33.0		Korea		2026-06-30

87 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

			Percentage of ownership (%)
Joint ventures and associates		Main<br>business	June 30,<br>2026		December 31,<br>2025		Location	Financial<br>statements as of
Woori Bank, Woori card Co., Ltd., Woori Investment Securities Co., Ltd. and Woori Asset Management<br>Corp. (*5)
Woori Real Estate Investment No. 1 Limited Liability Company		Collective<br>investment<br>business		19.9		19.9	Korea		2026-06-30
(*1)	Most of the significant business transactions of associates are with the Group as of June 30, 2026 and<br>December 31, 2025.
:---	:---
(*2)	The Group can participate in decision-making body and exercise significant influence over financial policies<br>and operational policies decision making of the associates.
:---	:---
(*3)	There is no investment balance as of June 30, 2026 and December 31, 2025.
:---	:---
(*4)	The equity method was applied using the most recent financial statements available from the settlement date<br>because no financial statements were available at the end of the reporting period and the significant transactions or events that occurred between the end of the reporting period of the associate and the end of the reporting period of the subsidiary<br>were duly reflected.
:---	:---
(*5)	Two or more subsidiaries may invest or operate to exert significant influence on the decision-making process<br>for activities related to the investee.
:---	:---
(*6)	It was classified as an associate due to holding of voting rights according to the initial investment agreement<br>ratio.
:---	:---
(*7)	It was excluded from associates as of June 30, 2026.
:---	:---
(*8)	It has been liquidating as of June 30, 2026.
:---	:---
(*9)	In the event of liquidation, if the distribution payments made or to be made to the cooperative members are<br>less than their contributions, an agreement has been made whereby the shortage will be covered, up to a certain amount within the investment, giving priority to specific shareholders over others.
:---	:---
(*10)	The Group classified it as an associate because it has significant influence as a general partner of the<br>investment association.
:---	:---
(*11)	It was added to associates as of June 30, 2026.
:---	:---

88 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Changes in the carrying value of investments in associates accounted for using the equity method of accounting<br>are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Acquisition<br>cost			January 1,<br>2026			Share of<br>profits(losses),<br>etc			Acquisition			Disposal/<br>Reclassification			Dividends			Change in<br>capital,<br>etc			June 30,<br>2026
W Service Networks Co., Ltd.			108			204			(9	)		—			—			(5	)		—			190
Korea Credit Bureau Co., Ltd.			3,313			12,354			1,333			—			—			(450	)		—			13,237
Korea Finance Security Co., Ltd.			3,267			3,832			(190	)		—			—			—			—			3,642
K BANK Co., Ltd.			—			269,700			—			—			(269,700	)		—			—			—
Partner One Value Up I Private Equity Fund			5,039			2,010			(926	)		—			—			—			—			1,084
IBK KIP Seongjang Dideemdol 1st Private Investment Limited Partnership			—			1,235			(1	)		—			—			—			—			1,234
Crevisse Raim Impact 1st Startup Venture Specialist Private Equity Fund			4,680			4,630			(492	)		50			—			—			—			4,188
LOTTE CARD Co.,Ltd.			346,810			590,619			(5,176	)		—			—			(4,724	)		13,750			594,469
Union Technology Finance Investment Association			13,449			9,283			(826	)		—			—			—			—			8,457
Orient Shipyard Co., Ltd.(*)			—			—			—			—			—			—			—			—
Win Mortgage Co.,Ltd.			23			101			(25	)		—			—			—			—			76
Samsung Together Korea IPPF private securities investment trust 3 [Equity-FoFs]			10,000			11,082			111			—			—			—			—			11,193
BTS 2nd Private Equity Fund			9,824			8,244			338			1,058			—			—			—			9,640
STASSETS FUND III			15,000			12,439			(1,576	)		1,500			—			—			—			12,363
SF CREDIT PARTNERS, LLC			15,504			19,016			1,042			—			—			—			1,415			21,473
Ulsan Yeocheon Development Co., Ltd.			207			201			(11	)		—			—			—			—			190
Japanese Hotel Real Estate Private Equity Fund No.2			3,080			2,696			(8	)		—			(114	)		—			117			2,691
Woori Seoul Beltway Private Special Asset Fund No.1			21,839			19,929			360			2,072			—			(352	)		—			22,009
Woori Smart General Private Equity Investment Trust 1(bond)			40,000			40,525			172			—			(40,697	)		—			—			—
Woori Asset Global Partnership Fund No. 5			93,356			75,146			6,495			11,250			(1,636	)		(1,526	)		—			89,729
Woori General Private Securities Investment Trust No. 5 (bond)			60,000			60,013			775			—			—			—			—			60,788
Woori Big Satisfaction General Private Securities Investment Trust No. 3 (bond)			10,000			10,172			(7	)		—			—			(213	)		—			9,952
Woori General Private Securities Investment Trust No. 6 (bond)			40,000			40,914			550			—			—			(1,166	)		—			40,298
Woori General Private Securities Investment Trust No. 8 (bond)			40,000			39,840			40			—			—			—			—			39,880
Woori Smart General Private Equity Investment Trust No.1(bond)			40,000			39,703			387			—			—			—			—			40,090
Woori Future Energy Private Special Asset Investment Trust(General) No.1			14,288			—			16			14,288			—			—			—			14,304
WOORI TAERIM 1st Fund			1,100			988			—			—			—			—			—			988
Darwin Green Packaging Private Equity Fund			4,000			3,901			(1	)		—			—			—			—			3,900
Koreawide partners 2nd Private Equity Fund			20,000			18,842			(381	)		—			—			—			—			18,461
Lux-Mason Innovation Technology Fund#2			1,500			1,498			(15	)		—			—			—			—			1,483
AIP NMC Venture Fund No.1			2,000			1,997			(20	)		—			—			—			—			1,977
ST Fund No.52			1,000			—			(20	)		1,000			—			—			—			980
AP K-Beauty Investment Fund 1			1,500			—			(13	)		1,500			—			—			—			1,487
Wanted Lab 2601 New Technology Investment Fund			1,000			—			(19	)		1,000			—			—			—			981
Best New Mobility New Technology Investment Fund 2nd			750			—			(6	)		750			—			—			—			744

89 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month period ended June 30, 2026
	Acquisition<br>cost		January 1,<br>2026		Share of<br>profits(losses),<br>etc			Acquisition		Disposal/<br>Reclassification			Dividends			Change in<br>capital,<br>etc		June 30,<br>2026
Pioneer Investment Fund 3		500		—		(4	)		500		—			—			—		496
Woori FirstValue Private Real Estate Fund No.2		9,000		212		(1	)		—		—			—			—		211
Woori Global Secondary Private Placement Investment Trust No. 2		11,072		11,011		(385	)		446		(779	)		(470	)		—		9,823
Woori Big Satisfaction Corporation MMF No. 1 (Government Bond)		119,467		30,645		451			60,000		(30,645	)		—			—		60,451
Woori GS West Street Strategic Solutions General Type Private Special Asset Investment Trust<br>No.1		25,513		29,588		1,568			2,097		(3,372	)		(785	)		—		29,096
Woori PGIF4 General Type Private Special Asset Investment Trust No.1		24,678		24,850		1,009			2,310		(680	)		(448	)		—		27,041
Woori Following Foreigners 40 Securities Sub-Investment<br>Trust [Bond Mixed-Fund of Funds]		1,500		—		123			—		1,565			—			—		1,688
Australia Green Energy 1st PEF		4,913		5,445		93			—		—			—			—		5,538
Aarden Woori Apparel 1st Private Equity Fund (*10)		100		93		(1	)		—		—			—			—		92
NH Woori Dino Co-Investment NO.2 Private Equity<br>Fund		2,000		2,035		29			—		—			—			—		2,064
Woori Bailey National Growth Private Equity Fund		2,900		—		(25	)		2,900		—			—			—		2,875
KCLAVIS NPL Investment Trust NO 1-2		15,000		17,146		828			—		—			—			—		17,974
Capstone Special Restructuring Private Investment Trust No.4		15,000		15,113		795			—		—			(802	)		—		15,106
KTB-KORUS FUNDv		—		757		(7	)		—		—			—			—		750
KTBN Venture Fund No.8		195		1,029		4			—		—			—			—		1,033
KTBN Digital Contents Korea Fund No.9		—		2,181		(767	)		—		—			(1,414	)		—		—
KTBN Media Contents Fund		—		204		—			—		—			—			—		204
KTB China Synergy Fund		11,775		18,039		(100	)		—		—			—			—		17,939
KTBN Venture Fund No.13		—		29,240		2,365			—		(400	)		(25,728	)		—		5,477
KTBN Future Contents Fund		2,356		3,006		(20	)		—		—			—			—		2,986
KTBN Venture Fund No.16		4,400		19,585		2,033			—		(4,600	)		—			—		17,018
KTBN Venture Fund No.18		25,650		21,429		85			—		—			—			—		21,514
KB-KTB Technology Venture Fund		10,000		8,457		(250	)		—		—			—			—		8,207
WOORI 2022 Scaleup Venture Fund		54,824		52,411		(167	)		—		—			—			—		52,244
Woori 2022 Start-up Venture Fund		13,100		11,652		(95	)		—		—			—			—		11,557
Woori 2025 Secondary Fund		6,188		6,157		(187	)		—		—			—			—		5,970
Woori Venture-EverBest Corporate Turnaround Private Equity Fund		1,244		—		(69	)		1,244		—			—			—		1,175
Chirochem		250		161		4			—		—			—			—		165
Godo Kaisha Oceanos 1		—		—		—			—		—			—			—		—
KG Fashion Co., Ltd.		—		—		—			—		—			—			—		—
KUM HWA Co., Ltd. (*)		—		—		—			—		—			—			—		—
Jinmyung Plus Co., Ltd.		—		11		—			—		—			—			—		11
Rea Company		—		—		—			—		—			—			—		—
Market&Farm Co., Ltd (*)		—		—		—			—		—			—			—		—
JC Assurance No.2 Private Equity Fund (*)		29,349		—		—			—		—			—			—		—
Genesis Eco No.1 Private Equity Fund		12,000		11,018		(273	)		—		—			—			—		10,745
Paratus Woori Material Component Equipment joint venture company		—		8,090		1,270			—		(9,335	)		—			—		25
Midas No. 8 Private Equity Joint Venture Company		18,419		17,971		750			—		—			(753	)		—		17,968
Orchestra Private Equity Fund IV		9,700		9,588		(3	)		—		—			—			—		9,585

90 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month period ended June 30, 2026
	Acquisition<br>cost		January 1,<br>2026		Share of<br>profits(losses),<br>etc			Acquisition		Disposal/<br>Reclassification			Dividends			Change in<br>capital,<br>etc		June 30,<br>2026
Synaptic Green No.1 PEF		8,000		9,047		(1,090	)		—		—			—			—		7,957
IGEN2022No. 1 Private Equity Fund		5,130		6,012		297			—		(185	)		(103	)		—		6,021
PCC-Woori LP Secondary Fund		9,659		8,138		6			—		(776	)		—			—		7,368
Synaptic Future Growth Private Equity Fund 1		7,198		8,089		1,215			76		(3,353	)		—			—		6,027
Woori Productive Financing Education Infrastructure General Private Special Asset Investment Trust<br>No.1		2,028		—		13			2,385		—			(1	)		—		2,397
Healthcare Investment Fund		1,315		2,941		477			—		(2,941	)		(40	)		—		437
Woorinara Short-Term Bond Securities Investment Trust (Bond)		41,863		40,280		6			26,042		(56,103	)		—			—		10,225
Woori Together TDF 2025		3,225		3,866		158			—		—			—			—		4,024
Woori Together TDF 2030		3,863		5,058		418			—		—			—			—		5,476
Woori Together TDF 2035		1,912		2,396		347			—		—			—			—		2,743
Woori Together TDF 2040		3,377		4,437		730			—		—			—			—		5,167
Woori Oncorp Corporate support of Major Industry General Type Private Investment Trust 2		5,248		5,516		181			207		—			—			—		5,904
Woori-Q Corporate Restructuring Private Equity<br>Fund		27,418		33,023		757			—		(884	)		—			—		32,896
Woori Eugene Energy Link Private Equity Fund		5,500		5,699		3,479			—		—			—			—		9,178
Woori NH Co-Growth Private Equity Fund I		5,280		6,189		(1,140	)		—		—			—			—		5,049
Woori Dyno 1st Private Equity Fund		5,454		3,628		1,967			3,454		—			—			—		9,049
Woori IMM Green Net Zero Fund		9,960		10,370		1,512			—		—			(153	)		—		11,729
NH Woori New deal Co-Investment No.1 Private Equity<br>Fund		5,000		3,692		(1,255	)		—		—			—			—		2,437
Woori BIG SATISFACTION SHINJONG MMF 3rd		336,997		130,389		(1,815	)		339,997		(312,837	)		—			—		155,734
Woori-Shinyoung Growth-Cap Private Equity Fund I		3,751		36,324		2,085			—		(10,508	)		(9,122	)		—		18,779
NH Woori Newdeal Growth Alpha Private Equity Fund 1		60,031		61,402		2,408			—		—			—			—		63,810
Woori Real Estate Investment No. 1 Limited Liability Company		34,200		35,274		6,550			—		(96	)		(965	)		—		40,763
2026 SAZZE-IBKVC Deep Tech Fund		10,000		—		(44	)		10,000		—			—			—		9,956
Wanted Lab 2608 New Technology Investment Fund		2,000		—		(22	)		2,000		—			—			—		1,978
Wanted Lab 2607 New Technology Investment Fund		1,000		—		(12	)		1,000		—			—			—		988
Daea 2026 Semiconductor Investment Fund		2,000		—		(48	)		2,000		—			—			—		1,952
Woori Secondary Fund 1		988		—		—			988		—			—			—		988
SAMJI TEXTILE CO., LTD.		—		—		—			—		—			—			—		—
TH International Co., LTD		—		—		—			—		—			—			—		—
NP Productive Finance Private Equity 1st Fund		23,000		—		(112	)		23,000		—			—			—		22,888
E&H Private Equity Fund		15,604		—		(49	)		15,604		—			—			—		15,555

		1,894,731		2,080,008		27,969			530,718		(748,076	)		(49,220	)		15,282		1,856,681

91 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(*)	The amount for which no loss was recognized for associates due to discontinuation of the equity method was<br>6 million Won in Market&Farm Co.,Ltd. and the accumulated amount is 183 million Won for KG FASHION CO., LTD., 4 million Won for KUM HWA Co., Ltd., 44 million Won for Market&Farm Co.,Ltd., 672 million Won in JC<br>Assurance No.2 Private Equity Fund.
	For the six-month period ended June 30, 2025
---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Acquisition<br>cost			January 1,<br>2025			Share of<br>profits(losses)<br>and others			Acquisition			Disposal/<br>Reclassification,<br>etc.			Dividends			Change in<br>capital			June 30,<br>2025
W Service Networks Co., Ltd.		108			204			(7	)		—			—			(5	)		—			192
Korea Credit Bureau Co., Ltd.		3,313			9,001			1,598			—			—			(90	)		—			10,509
Korea Finance Security Co., Ltd.		3,267			3,616			117			—			—			—			—			3,733
K BANK Co., Ltd.		224,657			262,250			1,301			—			—			—			216			263,767
Partner One Value Up I Private Equity Fund		5,039			2,123			(6	)		—			—			—			—			2,117
IBK KIP Seongjang Dideemdol 1st Private Investment Limited Partnership		—			2,263			(17	)		—			—			—			—			2,246
Crevisse Raim Impact 1st Startup Venture Specialist Private Equity Fund		4,580			4,532			—			48			—			—			—			4,580
LOTTE CARD Co.,Ltd.		346,810			575,580			6,505			—			—			(7,743	)		(1,713	)		572,629
Union Technology Finance Investment Association		13,449			11,770			(2,437	)		—			—			—			—			9,333
Orient Shipyard Co., Ltd.(*)		—			—			—			—			—			—			—			—
Win Mortgage Co.,Ltd.		23			135			(36	)		—			—			(9	)		—			90
Samsung Together Korea IPPF private securities investment trust 3 [Equity-FoFs]		10,000			10,847			123			—			—			—			—			10,970
BTS 2nd Private Equity Fund		8,146			7,799			(87	)		—			—			—			—			7,712
STASSETS FUND III		12,000			11,178			(111	)		—			—			—			—			11,067
SF CREDIT PARTNERS, LLC		15,504			16,000			475			2,445			—			—			(1,360	)		17,560
Japanese Hotel Real Estate Private Equity Fund No.2		3,143			2,805			41			—			(23	)		(78	)		13			2,758
Woori Seoul Beltway Private Special Asset Fund No.1		17,868			16,076			283			1,942			—			(282	)		—			18,019
Woori Smart General Private Equity Investment Trust 1(bond)		40,000			41,783			989			—			—			(2,541	)		—			40,231
Woori Asset Global Partnership Fund No.5		66,683			54,977			(3,249	)		15,000			(787	)		—			—			65,941
Woori General Private Securities Investment Trust No. 5 (bond)		60,000			60,024			1,559			—			—			—			—			61,583
Woori Big Satisfaction General Private Securities Investment Trust No. 3 (bond)		10,000			10,493			267			—			—			(603	)		—			10,157
Woori General Private Securities Investment Trust No. 6 (bond)		40,000			42,090			1,063			—			—			(2,552	)		—			40,601
Woori General Private Securities Investment Trust No. 7 (Bond)		—			41,116			610			—			(41,726	)		—			—			—
Woori Smart General Private Equity Investment Trust No.1(bond)		40,000			40,477			1,013			—			—			—			—			41,490
Woori Future Energy Private Special Asset Investment Trust(General) No.1		—			—			—			—			—			—			—			—
WOORI TAERIM 1st Fund		1,100			988			—			—			—			—			—			988
Portone-Cape Fund No.1		340			160			58			—			—			—			—			218
Darwin Green Packaging Private Equity Fund		4,000			3,904			(3	)		—			—			—			—			3,901
Koreawide partners 2nd Private Equity Fund		20,000			19,235			(387	)		—			—			—			—			18,848
Woori FirstValue Private Real Estate Fund No.2		9,000			567			3			—			—			—			—			570
Woori Together TDF 2025		—			3,577			43			—			(3,620	)		—			—			—
Woori Together TDF 2050		—			—			(139	)		—			139			—			—			—
Woori Together TDF 2030		—			3,724			35			—			(3,759	)		—			—			—
Woori Treasury Target Return Bond FoF		—			220			1			—			(221	)		—			—			—
Woori Together TDF 2035		—			3,448			39			—			(3,487	)		—			—			—
Australia Green Energy 1st PEF		4,913			5,264			87			—			—			—			—			5,351

All values are in US Dollars.

92 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month period ended June 30, 2025
	Acquisition<br>cost		January 1,<br>2025		Share of<br>profits(losses)<br>and others			Acquisition		Disposal/<br>Reclassification,<br>etc.			Dividends			Change in<br>capital		June 30,<br>2025
Woori Together TDF 2040		2,500		—		126			—		2,839			—			—		2,965
Aarden Woori Apparel 1st Private Equity Fund		100		95		(1	)		—		—			—			—		94
Woori Dyno 1st Private Equity Fund		2,000		2,849		708			—		—			—			—		3,557
NH Woori Dino Co-Investment NO.2 Private Equity<br>Fund		2,200		1,996		19			200		—			—			—		2,215
Woori Eugene Energy Link Private Equity Fund		5,500		—		(358	)		5,500		—			—			—		5,142
KCLAVIS NPL Investment Trust NO 1-2		15,000		15,422		852			—		—			—			—		16,274
Capstone Special Restructuring Private Investment Trust No.4		15,000		—		526			15,000		—			(413	)		—		15,113
KTB-KORUS FUND		337		1,789		—			—		—			—			—		1,789
KTBN Venture Fund No.8		195		1,529		—			—		—			—			—		1,529
KTBN Digital Contents Korea Fund No.9		7,020		5,006		(326	)		—		—			—			—		4,680
KTBN Media Contents Fund		—		154		—			—		—			—			—		154
KTB China Synergy Fund		11,775		18,949		138			—		(625	)		(41	)		—		18,421
NAVER-KTB Audio Contents Fund		300		248		—			—		(248	)		—			—		—
KTBN Venture Fund No.13		2,200		15,659		43,633			—		(2,200	)		(5,297	)		—		51,795
KTBN Future Contents Fund		3,472		4,193		243			—		(528	)		—			—		3,908
KTBN Venture Fund No.16		9,000		15,853		4,666			—		(3,200	)		—			—		17,319
KTBN Venture Fund No.18		27,075		25,506		(1,039	)		—		—			—			—		24,467
KB-KTB Technology Venture Fund		10,000		9,350		(428	)		—		—			—			—		8,922
WOORI 2022 Scaleup Venture Fund		41,272		17,809		25			20,328		—			—			—		38,162
WOORI 2022 Start-up Venture Fund		13,100		12,773		(123	)		—		—			—			—		12,650
KTBN GI Private Equity Fund		—		5		—			—		—			—			—		5
Chirochem		250		104		57			—		—			—			—		161
Godo Kaisha Oceanos 1		6,473		7,347		1,698			—		(4,327	)		(422	)		120		4,416
KG Fashion Co., Ltd.(*)		—		—		—			—		—			—			—		—
KUM HWA Co., Ltd. (*)		—		—		—			—		—			—			—		—
Jinmyung Plus Co., Ltd.		—		9		2			—		—			—			—		11
Rea Company (*)		—		—		—			—		—			—			—		—
Market&Farm Co., Ltd (*)		—		—		—			—		—			—			—		—
JC Assurance No.2 Private Equity Fund (*)		29,349		—		—			—		—			—			—		—
HMS-Oriens 1st Fund		—		14,880		—			—		(14,880	)		—			—		—
Woori Senior Loan Private Placement Investment Trust No.1		17,388		17,517		416			—		(169	)		(442	)		—		17,322
Genesis Eco No.1 Private Equity Fund		12,000		10,847		173			—		—			—			—		11,020
Paratus Woori Material Component Equipment joint venture company		9,334		16,714		9,074			—		(8,366	)		—			—		17,422
Midas No. 8 Private Equity Joint Venture Company		18,419		18,207		398			—		—			(530	)		—		18,075
Orchestra Private Equity Fund IV		9,700		9,610		(73	)		—		—			—			—		9,537
Synaptic Green No.1 PEF		8,000		7,499		491			—		—			—			—		7,990
IGEN2022No. 1 Private Equity Fund		7,422		7,972		860			—		—			(790	)		—		8,042
PCC-Woori LP Secondary Fund		10,435		8,648		(107	)		—		—			—			—		8,541
Synaptic Future Growth Private Equity Fund		6,325		7,685		(329	)		—		(435	)		—			—		6,921
Healthcare Investment Fund		3,000		—		(59	)		—		3,000			—			—		2,941
Woori Oncorp Corporate support of Major Industry General Type Private Investment Trust 2		4,356		4,011		155			507		—			—			—		4,673
Woori-Q Corporate Restructuring Private Equity<br>Fund		29,627		34,007		1,267			—		—			—			—		35,274
Woori IMM Green Net Zero Fund		—		—		—			—		—			—			—		—

93 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		For the six-month period ended June 30, 2025
		Acquisition<br>cost		January 1,<br>2025		Share of<br>profits(losses)<br>and others			Acquisition		Disposal/<br>Reclassification,<br>etc.			Dividends			Change in<br>capital			June 30,<br>2025
NH Woori Newdeal Growth Alpha Private Equity Fund 1			44,512		55,539		(2,863	)		—		(5,506	)		(180	)		—			46,990
Woori BIG SATISFACTION SHINJONG MMF 3rd			52,000		41,984		718			23,000		(10,069	)		—			—			55,633
Woori-Shinyoung Growth-Cap Private Equity Fund I			11,989		29,696		1,096			—		(5,105	)		—			—			25,687
NH Woori New deal Co-Investment No.1 Private Equity<br>Fund			5,000		5,204		(416	)		—		—			—			—			4,788
Woori Real Estate Investment No. 1 Limited Liability Company			34,200		33,919		679			—		—			—			—			34,598

			1,451,768		1,748,810		71,629			83,970		(103,303	)		(22,018	)		(2,724	)		1,776,364

(*)	The amount for which no loss was recognized for associates due to discontinuation of the equity method was<br>1 million Won in Orient Shipyard Co.,Ltd., 22 million Won for KG FASHION CO., LTD., 27 million Won in Market&Farm Co.,Ltd., 3 million Won for JC Assurance No.2 Private Equity Fund and the accumulated amount is 48 million<br>Won for Orient Shipyard Co.,Ltd., 181 million Won for KG FASHION CO., LTD., 118 million Won for Rea Company, 4 million Won for KUM HWA Co., Ltd., 27 million Won for Market&Farm Co.,Ltd., 669 million Won in JC Assurance<br>No.2 Private Equity Fund.
:---	:---

94 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

13.	OTHER ASSETS

Details of other assets are as follows (Unit: Korean Won in millions):


Lease assets		3,759,351	3,823,620
Prepaid expenses		498,990	416,230
Advance payments		99,097	75,234
Non-operational assets		41,863	43,050
Others		64,535	66,594

Total		4,463,836	4,424,728

14.	FINANCIAL LIABILITIES AT FVTPL
:---	:---

(1) Financial liabilities at FVTPL are as follows (Unit: Korean Won in millions):

		June 30, 2026			December 31, 2025
Financial instruments at fair value through profit or loss			8,610,201			5,889,433
Financial liabilities designated to be measured at FVTPL			426,494			467,501

Total			9,036,695			6,356,934

(2)	Financial liabilities at fair value through profit or loss are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Deposits
Gold banking liabilities			259,081			263,251
Borrowings
Securities sold			299,131			496,518
Derivative liabilities			8,051,989			5,129,664

Total			8,610,201			5,889,433

(3)	Financial liabilities designated to be measured at FVTPL are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Deposits due to customers
Time deposits			426,494			467,501

In accordance with documented risk management or investment strategies, the group manages a portfolio of financial instruments on a fair value basis and evaluates their performance. Therefore, under K-IFRS 1109 Financial Instrument, financial liabilities are designated to be measured at FVTPL as this provides more relevant information.

95 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Changes in fair value due to change in credit risk reflected in financial liabilities designated to be measured<br>at FVTPL are as follows (Unit: Korean Won in millions):
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---	---	---
		2026				2025
Financial liabilities designated to be measured at FVTPL at the end of each period			426,494				572,456
Changes in fair value due to change in credit risk (*)			177				(25	)
Accumulated change in fair value due to change in credit risk			(1,580	)			(1,856	)
(*)	The amounts recognized in other comprehensive income related to financial liabilities designated to be measured<br>at FVTPL are a loss of 177 million Won and a gain of 25 million Won during the six-month periods ended June 30, 2026 and 2025, with an accumulated profit of 1,580 million Won and<br>1,856 million Won, respectively.
:---	:---

The adjustment to reflect the Group’s credit risk is considered in measuring the fair value of deposits due to customers. The Group’s credit risk is determined by adjusting credit spread observed in credit rating of the Group.

(5)	The difference between carrying amount and maturity amount of financial liabilities designated to be measured<br>at FVTPL are as follows (Unit: Korean Won in millions):
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---
Carrying amount			426,494				467,501
Nominal amount at maturity			450,000				450,000
Difference			(23,506	)			17,501
15.	DEPOSITS DUE TO CUSTOMERS
:---	:---

Details of deposits due to customers by type are as follows (Unit: Korean Won in millions):


Deposits in local currency:
Deposits on demand	8,187,493		8,195,492
Savings deposits with withdrawal on demand	130,547,938		125,367,093
Other savings deposits	173,912,961		173,435,409
Mutual installment	16,814		18,219
Deposits on notes payables	3,136,688		3,685,924
Deposits on CMA	91,850		112,671
Certificate of deposits	6,000,628		9,274,299
Other deposits	883,022		955,588

Sub-total	322,777,394		321,044,695

Deposits in foreign currencies:
Foreign currency deposits	54,962,498		55,428,606
Present value discount	(48,933	)	(138,961	)
Customers’ deposits for beneficiary	397,948		246,505

Total	378,088,907		376,580,845

96 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

16.	BORROWINGS AND DEBENTURES
(1)	Details of borrowings are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---
		Lenders		Interest rate (%)			Amount
Borrowings in local currency:
Borrowings from The BOK		The BOK			1			1,795,750
Borrowings from government funds		Small Enterprise and Market Service and others			0.0 ~ 3.5			2,251,881
Others		The Korea Development Bank and others			0.0 ~ 4.7			9,799,970

Sub-total								13,847,601
Borrowings in foreign currencies:
Borrowings in foreign currencies		The Export-Import Bank of Korea and others			0.9 ~ 14.0			14,217,591
Bills sold		Others			0.0 ~ 2.0			1,147
Call money		Bank and others			3.8 ~ 22.0			2,880,474
Bonds sold under repurchase agreements		The Korea Development Bank and others			0.0 ~ 14.2			9,586,737
Present value discount								(2,992	)

Total								40,530,558

		December 31, 2025
		Lenders		Interest rate (%)			Amount
Borrowings in local currency:
Borrowings from The BOK		The BOK			1.0			1,845,239
Borrowings from government funds		Small Enterprise and Market Service and others			0.0 ~ 3.5			2,195,534
Others		The Korea Development Bank and others			0.0 ~ 4.6			8,378,570

Sub-total								12,419,343
Borrowings in foreign currencies:
Borrowings in foreign currencies		The Export-Import Bank of Korea and others			0.8 ~ 10.0			13,071,842
Bills sold		Others			0.0 ~ 2.0			1,033
Call money		Bank and others			1.7 ~ 10.0			2,013,940
Bonds sold under repurchase agreements		The Korea Development Bank and others			1.0 ~ 14.9			6,678,468
Present value discount								(1,359	)

Total								34,183,267

(2)	Details of debentures are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026							December 31, 2025
---	---	:---:	---	---	---	---	---	---	:---:	---	---	---	---	---
		Interest rate (%)			Amount				Interest rate (%)			Amount
Face value of bond (*):
Ordinary bonds			1.9 ~ 7.5			50,347,747				0.8 ~ 7.5			47,124,232
Subordinated bonds			1.9 ~ 10.3			6,511,911				1.9 ~ 6.7			6,683,193
Other bonds			0.0 ~ 4.4			1,812,584				2.9 ~ 17.0			1,782,423

Sub-total						58,672,242							55,589,848

Discounts on bonds						(8,936	)						(6,456	)

Total						58,663,306							55,583,392

97 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(*)	Included debentures under fair value hedge amounting to 3,493,080 million Won and 4,046,624 million<br>won as of June 30, 2026 and December 31, 2025 respectively. Also, debentures under cash flow hedge amounting to 1,325,164 million Won and 1,410,514 million won are included as of June 30, 2026 and December 31, 2025<br>respectively.
17.	INSURANCE CONTRACTS
:---	:---
(1)	Details of insurance contracts assets and insurance contracts liabilities are as follows (Unit: Korean Won in<br>millions):
:---	:---
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Life			Health			Annuity/Savings<br>and others			Variable			Total
Insurance contracts assets			—			—			—			—			—
Insurance contracts liabilities			6,992,694			6,822,220			24,087,513			5,022,082			42,924,509

Net insurance contracts liabilities (asset)			6,992,694			6,822,220			24,087,513			5,022,082			42,924,509

Reinsurance contracts assets			331,051			263,252			6,741			—			601,044
Reinsurance contracts liabilities			40,719			143,634			539			—			184,892

Net reinsurance contracts assets (liabilities)			290,332			119,618			6,202			—			416,152

		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Life			Health			Annuity/Savings<br>and others			Variable			Total
Insurance contracts assets			—			—			—			—			—
Insurance contracts liabilities			8,078,577			8,032,075			25,460,803			4,002,409			45,573,864

Net insurance contracts liabilities (asset)			8,078,577			8,032,075			25,460,803			4,002,409			45,573,864

Reinsurance contracts assets			381,667			231,261			7,279			—			620,207
Reinsurance contracts liabilities			52,842			131,344			606			—			184,792

Net reinsurance contracts assets (liabilities)			328,825			99,917			6,673			—			435,415

(2)	Details of net insurance income are as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month period ended June 30
---	---	:---:	---	---	---	---	---
		2026				2025
Insurance service result of insurance contracts			71,632				—
Insurance income			1,047,890				—
Estimated incurred claims and other insurance service expenses			689,419				—
Changes in risk adjustment			24,340				—
Amortization of contractual service margin			156,127				—
Amortization of insurance acquisition cash flows			176,842				—
Loss component allocation amount			(1,271	)			—
Other insurance income			2,433				—
Insurance service expenses			976,258				—
Actual incurred claims and other insurance service expenses			715,218				—
Amortization of insurance acquisition cash flows			176,842				—
Changes in liability for incurred claims			10,582				—
(Reversal of) loss component allocation amount			71,025				—
Other insurance service expenses			2,591				—
Insurance service result of reinsurance contracts			11,811				—
Reinsurance income			49,961				—
Actual incurred claims and insurance service expenses			33,018				—
Changes in cash flow from incurred claims			2,561				—
Changes in loss recovery component			14,382				—
Reinsurance service expenses			38,150				—
Estimated incurred claims and insurance service expenses			30,667				—
Changes in risk adjustment			821				—
Amortization of contractual service margin			6,662				—

Total insurance service result			83,443				—

98 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Details of net insurance finance income and expenses are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30
---	---	:---:	---	---	---	---	---
		2026				2025
Investment income
Interest income			655,781				—
Gain(loss) on financial assets			1,462,007				—
Other investment income			(55,177	)			—
Investment income recognized in net income			2,062,611				—
Investment income recognized in other comprehensive income (*)			(2,959,657	)			—

Sub-total			(897,046	)			—

Insurance finance interest income and other insurance finance income
Insurance finance interest income			(766,680	)			—
Effect of change in fair value of underlying assets of participating insurance contracts			(1,311,253	)			—
Effect of changes in discount rates and others			60,912				—
Insurance finance income recognized in net income			(2,017,021	)			—
Insurance finance income recognized in other comprehensive income (*)			3,955,059				—

Sub-total			1,938,038				—

Reinsurance finance interest income and other reinsurance finance income
Reinsurance finance interest income			6,962				—
Effect of changes in credit risk of reinsurance liabilities			144				—
Effect of changes in discount rates and others			—				—
Reinsurance finance income recognized in net income			7,106				—
Reinsurance finance income recognized in other comprehensive income (*)			(31,390	)			—

Sub-total			(24,284	)			—

Total investment income and insurance and reinsurance finance income recognized in profit or<br>loss			52,696				—
Total investment income and insurance and reinsurance finance income recognized in other<br>comprehensive income			964,012				—

Total			1,016,708				—

(*)	Finance income recognized in other comprehensive income is presented before income tax effects and non-controlling interests.
:---	:---
18.	PROVISIONS
:---	:---
(1)	Details of provisions are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Asset retirement obligation			116,064			106,786
Provisions for guarantees (*1)			94,316			79,317
Provisions for unused loan commitments			129,733			137,081
Other provisions (*2)			452,596			467,549

Total			792,709			790,733

(*1)	Provisions for guarantees include provision for financial guarantee of 67,305 million won and<br>52,733 million won as of June 30, 2026 and December 31, 2025, respectively.
:---	:---
(*2)	Other provisions consist of provision for litigation, loss compensation and others.
:---	:---
(2)	Changes in provisions for guarantees and unused loan commitments are as follows (Unit: Korean Won in millions):
:---	:---
1)	Provisions for guarantees
:---	:---

99 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		For the six-month period ended June 30, 2026
		Stage1				Stage2				Stage3			Total
Beginning balance			60,091				3,407				15,819			79,317
Transfer to 12-month expected credit loss			330				(330	)			—			—
Transfer to expected credit loss for the entire period			(167	)			167				—			—
Transfer to credit-impaired financial assets			(478	)			(2,125	)			2,603			—
Net provision (reversal) of unused amount			1,782				1,511				15,134			18,427
Others (*)			(3,428	)			—				—			(3,428	)

Ending balance			58,130				2,630				33,556			94,316

(*)	Recognized as a result of changes in financial guarantee liabilities.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage1				Stage2				Stage3				Total
Beginning balance			57,309				2,534				11,627				71,470
Transfer to 12-month expected credit loss			531				(531	)			—				—
Transfer to expected credit loss for the entire period			(307	)			307				—				—
Transfer to credit-impaired financial assets			(68	)			(39	)			107				—
Net provision (reversal) of unused amount			1,707				2,227				(5,154	)			(1,220	)
Others (*)			(1,478	)			(6	)			(1	)			(1,485	)

Ending balance			57,694				4,492				6,579				68,765

(*)	Recognized as a result of changes in financial guarantee liabilities.
:---	:---

100 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

2)	Provisions for unused loan commitment
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage1				Stage2				Stage3				Total
Beginning balance			111,499				21,647				3,935				137,081
Transfer to 12-month expected credit loss			9,741				(9,716	)			(25	)			—
Transfer to expected credit loss for the entire period			(2,373	)			2,375				(2	)			—
Transfer to credit-impaired financial assets			(260	)			(334	)			594				—
Net provision (reversal) of unused amount			(16,065	)			9,371				(715	)			(7,409	)
Others			400				2				(341	)			61

Ending balance			102,942				23,345				3,446				129,733

		For the six-month period ended June 30, 2025
		Stage1				Stage2				Stage3				Total
Beginning balance			108,218				24,896				4,448				137,562
Transfer to 12-month expected credit loss			6,655				(6,636	)			(19	)			—
Transfer to expected credit loss for the entire period			(3,387	)			3,392				(5	)			—
Transfer to credit-impaired financial assets			(283	)			(338	)			621				—
Net provision (reversal) of unused amount			(6,787	)			3,371				(2,982	)			(6,398	)
Others			(1,368	)			—				—				(1,368	)

Ending balance			103,048				24,685				2,063				129,796

(3)	Changes in asset retirement obligation for the six-month periods ended<br>June 30, 2026 and 2025, are as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month period<br>ended June 30
---	---	:---:	---	---	---	---	---	---
		2026				2025
Beginning balance			106,786				97,772
Provisions provided			4,907				2,193
Provisions used			(769	)			(5,486	)
Reversal of provisions unused			(188	)			(292	)
Unwinding of discount			786				679
Increase (decrease) of restoration expense, etc.			4,542				8,781

Ending balance			116,064				103,647

The amount of the asset retirement obligation is the present value of the best estimate of future expected expenditure to settle the obligation – arising from leased property as of June 30,2026, discounted by appropriate discount rate. The restoration cost is expected to occur by the end of each property’s lease period, and the Group has used average lease period of each category of leases terminated during the past years in order to rationally estimate the lease period. In addition, the Group used average amount of actual recovery cost for the past 3 years and the inflation rate for last year in order to estimate future recovery cost.

101 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Changes in other provisions for the six-month periods ended<br>June 30, 2026 and 2025, are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30
---	---	:---:	---	---	---	---	---	---
		2026				2025
Beginning balance			467,549				304,624
Provisions provided			5,851				16,562
Provisions used			(4,909	)			(2,405	)
Reversal of provisions unused			(15,757	)			(219	)
Foreign currencies translation adjustments			60				1
Others			(198	)			(226	)

Ending balance			452,596				318,337

(5)	Others
:---	:---
1)	The Group recognized provisions related to incomplete sales of Derivative Linked Fund (DLF) occurring in 2019<br>as the best estimate of expenditure, including administrative fines expected to be imposed by the Financial Services Commission, required to fulfil its current obligations.
:---	:---
2)	The Group recognized provisions for estimated contractual refunds and loss compensation amounts that may be<br>paid in relation to expected customer losses arising from delays in the redemption of funds. Such provisions amounted to 257,019 million Won and 259,168 million Won as of June 30, 2026 and December 31, 2025, respectively. In<br>addition, the Group recognized provisions for estimated compensation due to expected customer losses related to equity-linked securities and for administrative fines and penalties expected to be imposed by the Financial Services Commission amounting<br>to 2,757 million Won and 2,847 million Won, as of June 30, 2026 and December 31, 2025, respectively.
:---	:---

102 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

19.	NET DEFINED BENEFIT LIABILITY(ASSET)

The Group’s pension plan is based on the defined benefit retirement pension plan. Employees and directors with one or more years of service are entitled to receive a payment upon termination of their employment, based on their length of service and rate of salary at the time of termination. The assets of the plans are measured at their fair value at the end of reporting date. The plan liabilities are measured using the projected unit method, which takes account of projected earnings increases, using actuarial assumptions that give the best estimate of the future cash flows that will arise under the plan liabilities.

The Group is exposed to various risks through defined benefit retirement pension plan, and the most significant risks are as follows:

Volatility of asset		The defined benefit obligation was estimated with an interest rate calculated based on the return on high quality corporate bond. A deficit may occur if the rate of return of plan assets falls short of the interest<br>rate.
Decrease in the return on high quality corporate bond		A decrease in the return on high quality corporate bond will be offset by some increase in the value of debt securities that the employee benefit plan owns but will bring an increase in the defined benefit obligation.
Risk of inflation		Defined benefit obligations are related to inflation rate; the higher the inflation rate is, the higher the level of liabilities. Therefore, deficit occurs in the system if an inflation rate increases.
(1)	Details of net defined benefit liability(asset) are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Present value of defined benefit obligation			1,886,313				1,982,526
Fair value of plan assets (*)			(2,094,808	)			(2,157,163	)
Net defined benefit liabilities (assets) (*)			(208,495	)			(174,637	)
Intercompany transaction adjustments			279,245				269,170

Net defined benefit liabilities (assets) (after intercompany offsets)			70,750				94,533

(*)	The amount before intercompany offsets within the consolidated entity
:---	:---
(2)	Amounts related to the defined benefit plan that are recognized in the consolidated statements of comprehensive<br>income are as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month period ended June 30
---	---	:---:	---	---	---	---	---	---
		2026				2025
Current service cost			79,410				75,995
Past service cost (*1)			—				26,469
Net interest expense			(2,157	)			(4,386	)
Loss on the curtailment or settlement			(23	)			—

Cost recognized in net income			77,230				98,078

Remeasurements (*2)			(60,232	)			121,380

Cost recognized in total comprehensive income			16,998				219,458

(*1)	Amount due to a change in the criteria for determining ordinary wages during the previous period ended<br>June 30, 2025.
:---	:---
(*2)	Amount before tax
:---	:---

Retirement benefits related to defined contribution plans recognized as expenses are 10,990 million won, and 4,033 million won for the six-month periods ended June 30, 2026 and 2025, respectively.

103 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

20.	OTHER FINANCIAL LIABILITIES AND OTHER LIABILITIES

Other financial liabilities and other liabilities are as follows (Unit: Korean Won in millions):


Other financial liabilities:
Accounts payable	27,258,070		8,059,195
Accrued expenses	4,368,013		4,456,143
Segregated account debit balance	7,591,262		7,692,762
Agency fees received	666,423		594,685
Foreign exchange payables	665,331		784,357
Domestic exchange settlement credits	10,560,729		11,749,779
Lease liabilities	579,679		541,572
Other miscellaneous financial liabilities	4,456,921		4,250,210
Present value discount	(9,217	)	(10,645	)

Sub-total	56,137,211		38,118,058

Other liabilities:
Unearned income	358,056		354,792
Other miscellaneous liabilities	495,660		479,102

Sub-total	853,716		833,894

Total	56,990,927		38,951,952

104 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

21.	DERIVATIVES
(1)	Derivative assets and derivative liabilities are as follows (Unit: Korean Won in millions):
:---	:---
					June 30, 2026
---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
					Assets									Liabilities
		Nominal<br>amount			For cash<br>flow hedge			For fair value<br>hedge			For<br>trading			For cash<br>flow hedge			For fair value<br>hedge			For trading
Interest rate:
Futures			877,926			—			—			—			—			—			—
Forwards			6,444,830			9,764			—			568,548			307,095			—			33,934
Swaps			146,303,639			1,632			13,478			100,830			—			38,499			245,853
Written options			320,000			—			—			—			—			—			10,833
Currency:
Futures			119,120			—			—			—			—			—			—
Forwards			151,245,245			485			—			4,311,598			338,543			126,951			1,862,944
Swaps			89,767,150			129,860			—			4,190,203			363,006			7,160			5,897,131
Purchase options			190,459			—			—			1,820			—			—			—
Written options			375,439			—			—			—			—			—			1,294
Equity:
Futures			378,867			—			—			—			—			—			—
Forwards			163			—			—			97			—			—			—
Purchase options			1,923			—			—			786			—			—			—
Others:
Futures			239			—			—			—			—			—			—

Total			396,025,000			141,741			13,478			9,173,882			1,008,644			172,610			8,051,989

					December 31, 2025
---	---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
					Assets									Liabilities
		Nominal<br>amount			For cash<br>flow hedge			For fair value<br>hedge			For<br>trading			For cash<br>flow hedge			For fair value<br>hedge			For trading
Interest rate:
Futures			1,028,982			—			—			—			—			—			—
Forwards			6,097,038			7,192			—			155,174			139,341			—			118,441
Swaps			134,440,759			903			37,010			136,822			—			27,050			141,569
Written options			320,000			—			—			—			—			—			8,194
Currency:
Futures			131,014			—			—			—			—			—			—
Forwards			111,686,895			2,221			1,201			2,652,148			236,677			70,989			1,190,226
Swaps			76,846,634			168,653			—			2,827,872			141,304			—			3,670,407
Purchase options			67,650			—			—			1,267			—			—			—
Written options			81,999			—			—			—			—			—			827
Equity:
Futures			476,305			—			—			—			—			—			—
Forwards			163			—			—			104			—			—			—
Purchase options			1,711			—			—			816			—			—			—
Others:
Futures			8,378			—			—			—			—			—			—

Total			331,187,528			178,969			38,211			5,774,203			517,322			98,039			5,129,664

Derivatives held for trading are classified into financial assets at FVTPL (Note 7) and financial liabilities at FVTPL (Note 14), and derivatives designated for hedging are presented as a separate line item in the consolidated statements of financial position.

105 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Overview of the Group’s hedge accounting
1)	Fair value hedge
:---	:---
a)	Debentures
:---	:---

As of June 30, 2026, the Group has applied fair value hedge on fixed interest rate foreign currency denominated debentures amounting to 3,182,719 million Won, and Korean won-denominated debentures amounting to 310,361 million Won. The purpose of the hedging is to avoid fair value volatility risk of fixed interest rate foreign and local currency denominated debentures derived from fluctuations of market interest rate, and as such the Group entered into interest rate swap agreements designated as hedging instruments.

Pursuant to the interest rate swap agreement, by swapping the calculated difference between the fixed interest rate and floating interest rate applied to the nominal value, the fair value fluctuation risk is hedged as the foreign currency denominated debentures and local currency debentures fixed interest rate terms are converted to floating interest rate. Pursuant to the interest rate swap agreement, hedge ratio is determined by matching the nominal value of hedging instrument to the face value of the hedged item.

In this hedging relationship, only the market interest rate fluctuation, which is the most significant part of the fair value change of the hedged item, is designated as the hedged risk, and other risk factors including credit risk are not included in the hedged risk. Therefore, the ineffective portion of the hedge could arise from fluctuations in the timing of the cash flow of the hedged item, price margin set by counterparty of hedging instrument, and unilateral change in credit risk of any party of hedging instrument.

The interest rate swap agreements and the hedged items are subject to fluctuations in the underlying market rate of interest and the Group expects the fair value of the interest rate swap contract and the value of the hedged item to generally change in the opposite direction.

The fair value of the interest rate swap at the end of the reporting period is determined by discounting future cash flows estimated by using the yield curve at the end of the reporting period and the credit risk embedded in the contract and the average interest rate is determined based on the outstanding balance at the end of the reporting period. The variable interest rate applied to the interest rate swap is Compounding SOFR or CD 3M plus spread. In accordance with the terms of each interest rate swap contract designated as a hedging instrument, the Group receives interest at a fixed interest rate and pays interest at a variable interest rate.

b)	Foreign currency securities, Foreign private bonds

As of June 30, 2026, the Group has applied fair value hedging for foreign currency securities amounting to 757,625 million Won and foreign currency private bonds amounting to 84,862 million Won. The purpose of the hedging is to avoid fair value volatility risk of foreign currency securities and foreign currency private bonds derived from changes in exchange rate and interest rate. To achieve this purpose, the group has entered into forward currency contracts and currency swaps designated as hedging instruments.

The forward currency contracts are executed with the condition of selling foreign currencies on a future specific date, at a predetermined agreed amount and exchange rate. On the initiation date, the contract amount is exchanged, and on the termination date, the contracted foreign currency principal is returned. As a result, through hedging transactions, the group offsets valuation gains and losses from exchange rate fluctuations of foreign currency-denominated assets, thereby removing fair value fluctuation risk linked to foreign currency securities and bonds. The hedge ratio is determined through a method that ensures fair value changes in the hedging instruments and hedged items effectively offset each other to a similar extent.

In this hedging relationship, only the exchange rate fluctuation, which is the most significant part of the fair value change in the hedged item, is designated as the hedged risk, excluding other risk factors such as credit risk or liquidity risk. Therefore, the ineffective portion of the hedge could arise from discrepancies between the settlement timing of the forward currency contract and the cash flow timing of foreign currency-denominated items, fluctuations in counterparties’ credit risks, or discrepancies between market exchange rates and contracted exchange rates.

106 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

The forward currency agreements and the hedged items are subject to fluctuations in the exchange rate and the group expects the fair value of the currency forward contract and the value of the hedged item to generally change in the opposite direction.

The currency swap contracts are executed under terms that provide for the exchange of interest payments during the contractual term and principal amounts at maturity based on predetermined contractual amounts and exchange rates. Upon termination, the principal amounts exchanged at inception are returned. As a result, the fair value fluctuation risk of foreign currency securities is eliminated. The hedge ratio is determined by matching the notional amount of the hedging instrument to the face amount of the hedged item under the currency swap contracts.

2)	Cash Flow Hedge
a)	Debentures
:---	:---

As of the June 30, 2026, the Group has applied cash flow hedge on local currency denominated debentures amounting to 59,961 million won and debentures on foreign currency amounting to 1,265,203 million won. The Group’s hedging strategies are to ① Mitigate risks of cash flow fluctuation from variable interest rate debentures on local currency due to changes in market interest rate by entering into an interest rate swap contract and thereby designating it as hedging instrument; ② Mitigate the risks of cash flow fluctuation from principal and interest of variable interest rate debentures denominated in foreign currency due to changes in foreign exchange rates and interest rates by entering into a currency swap contract and thereby designating it as hedging instrument; ③ Mitigate the risks of cash flow fluctuation from principal and interest of fixed interest rate debentures denominated in foreign currency due to changes in foreign exchange rates and ④ Mitigate the risks of cash flow fluctuation in variable interest rate foreign currency borrowings resulting from changes in market interest rates and designate it as a hedging instrument through entering into currency swap contracts and interest rate swap contracts.

By exchanging a predetermined nominal amount as set forth in the interest rate swap contract adjusted by the differences between the fixed and variable interest rates, the variable interest rate terms of the Korean won-denominated variable rate bond are converted to fixed interest rate terms, thereby eliminating the cash flow volatility risk. In addition, under the currency swap contract, the principal is exchanged at the initiation date, and an amount calculated by applying a fixed interest rate to the predetermined notional principal is paid, in exchange for an amount calculated by applying a floating interest rate to USD or an amount calculated by applying a fixed interest rate to CNH and EUR. And at the termination date, the principal exchanged at inception are returned. The hedge ratio is determined by matching the nominal amount of the hedging instrument to the face amount of the hedged item in accordance with interest rate swap and currency swap.

Only interest rate and foreign exchange rate fluctuation risks, which are the most significant factor in the cash flow fluctuation of the hedged item, are addressed in this hedging relationship, and other risk factors such as credit risk are not subject to hedging. Accordingly, hedge ineffectiveness may arise from price margin set by the counterparty of hedging instruments and unilateral change in credit risk of any party in the transaction.

The interest rate swap, currency swap contract and the hedged item are all affected by the changes in market interest rate and foreign exchange rates which are basic factors. The Group expects that the value of interest rate swap contract, currency swap contract and value of the hedged item will generally fluctuate in opposite direction.

b)	Foreign currency securities, Foreign private bonds, Anticipated bond purchase

As of June 30, 2026, the Group has applied cash flow hedges to manage the risks associated with foreign currency securities amounting to 6,835,846 million Won, foreign currency private bonds totaling 190,603 million Won, and anticipated bond purchase transactions. The Group’s objective of these hedging measures is to mitigate the risk of cash flow fluctuations from foreign currency securities and private bonds due to exchange rate changes, as well as the price risk of future purchases of treasury and foreign government bonds. To achieve these objectives, the entity utilizes forward currency contracts, currency swaps, and bond forward contracts as designated hedging instruments.

107 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Forward currency contracts are used to eliminate cash flow volatility arising from exchange rate fluctuations of anticipated transactions in foreign currency by agreeing to sell foreign currency at a pre-established rate on a future date. These contracts are designated as hedging instruments to offset cash flow variations caused by exchange rate changes on foreign currency-denominated items. The hedge ratio is determined by aligning the nominal amount of the hedging instrument with the face value of the hedged item.

Currency swap contracts are entered into to exchange interest and principal of foreign currency securities and private bonds during the contract period at predetermined notional amounts and rates, and revert the principal exchanged at inception upon maturity. This practice mitigates the cash flow volatility risk associated with the principal and interest payments of foreign currency-denominated securities and private bonds. The hedge ratio is determined by matching the nominal value of the hedging instrument to the face value of the hedged item.

Bond forward contracts are structured to purchase specific bonds at a predetermined notional amount and price on a future specified date to hedge against price risk caused by interest rate fluctuations impacting bond purchase prices. Upon contract expiration, bonds are acquired at the agreed-upon rate, thereby eliminating cash flow variability risks due to future interest rate changes. Thus, the hedging transaction removes the uncertainty surrounding the cash outflow amount related to interest rate changes at the future bond purchase date, thereby ensuring stable cash flows. The nominal amount of the hedging instrument in these bond forward contracts is aligned with the anticipated purchase amount of the hedged bonds, and the hedge ratio is calibrated to ensure that cash flow fluctuations of the hedged item and hedging instrument effectively offset each other.

c)	Foreign Currency Borrowings

As of June 30, 2026, the Group has designated cash flow hedges for foreign currency borrowings amounting to 308,300 million Won. The purpose of the Group’s hedging activities is to hedge the variability in cash flows related to interest and principal payments of variable-rate foreign currency borrowings arising from fluctuations in interest rates and foreign exchange rates. To achieve this objective, the Group has entered into currency swap contracts and designated them as hedging instruments. The Group designated only the portion excluding the foreign basis spread of derivative financial instruments as the hedging instrument.

Under the currency swap contracts, the principal amounts are exchanged at inception, and the Group pays amounts calculated by applying a fixed interest rate to a predetermined notional principal, while receiving amounts calculated by applying a floating interest rate denominated in U.S. dollars. At maturity, the principal amounts exchanged at inception are re-exchanged. As a result, the variability in cash flows related to the principal and interest of the foreign currency borrowings is eliminated. The hedge ratio is determined by matching the notional amount of the hedging instrument with the face amount of the hedged item under the currency swap contracts.

In these hedging relationships, only the most significant components of the variability in cash flows of the hedged items—namely, changes in interest rates and foreign exchange rates—are designated as hedged risks. Other risk components, including credit risk, are not included in the hedged risks. Accordingly, hedge ineffectiveness may arise due to factors such as the pricing margin of the counterparty to the hedging instrument or changes in the credit risk of either party to the hedging instrument.

Both the currency swap contracts and the hedged items are affected by changes in underlying variables, namely market interest rates and foreign exchange rates, and the Group expects that the values of the currency swap contracts and the hedged items will generally move in opposite directions.

108 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

3)	Hedges of Net Investment in Foreign Operations

Foreign currency exposure arises from the Group’s net investments in Woori America Bank, Woori Bank (Cambodia) PLC, Woori Global Markets Asia Limited, and overseas branch which use USD as their functional currency. The risk arises from fluctuations in the spot exchange rate between USD and KRW. This may result in different net investment amounts.

The risk hedged in the net investment hedging is the fluctuation risk of KRW against USD, which may reduce the carrying amount of the Group’s net investments in Woori America Bank, Woori Bank (Cambodia) PLC, Woori Global Markets Asia Limited, and overseas branch.

A portion of the Group’s net investments in Woori America Bank, Woori Bank (Cambodia) PLC, Woori Global Markets Asia Limited, and overseas branch are hedged in USD denominated foreign currency bonds (Carrying amount as of June 30, 2026: USD 863,959,317) and mitigate foreign exchange risk arising from the net assets of subsidiaries. The debenture has been designated as a hedging instrument for the value change of net investments, which arises from fluctuation in the spot exchange rate between USD and KRW.

To evaluate the effectiveness of the hedge, the Group determines the economic relationship between the hedging instrument and hedged item by comparing (offsetting) changes in the amount of foreign investments due to spot exchange rate fluctuation and in the carrying amount of the liabilities due to spot exchange rate fluctuation. The Group’s policy is to hedge the net investment amount only within the principal range of the liabilities.

109 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	The nominal amount of the hedging instrument is as follows (Unit: USD, EUR, AUD, SEK, GBP, JPY, CAD, CNH and<br>Korean Won in millions):
	June 30, 2026
---	:---:	---	---	---	---	---	---	---	---	---	---	---
	1 year or less			1 year to 5 years			More than 5 years			Total
Fair value hedge
Interest rate risk
Interest rate swap ()		800,000,000			1,300,000,000			—			2,100,000,000
Interest rate swap (KRW)		—			—			340,000			340,000
Foreign currencies translation risk and interest rate risk
Currency swap ()		50,000,000			—			—			50,000,000
Foreign currencies translation risk
Currency forward ()		298,980,853			64,170,792			—			363,151,645
Currency forward ()		4,176,530			68,784,770			—			72,961,300
Currency forward (AUD)		109,100,249			126,550,000			—			235,650,249
Currency forward ()		15,700,000			—			—			15,700,000
Cash flow hedge
Interest rate risk
Interest rate forward ()		—			320,000,000			—			320,000,000
Interest rate forward (KRW)		843,645			744,545			—			1,588,190
Interest rate swap (KRW)		—			60,000			—			60,000
Foreign currencies translation risk and interest rate risk
Currency swap ()		103,000,000			640,500,000			—			743,500,000
Currency swap ()		37,000,000			161,900,000			—			198,900,000
Currency swap (AUD)		80,000,000			—			—			80,000,000
Currency swap (SEK)		380,000,000			219,000,000			—			599,000,000
Currency swap ()		—			2,000,000,000			16,500,000,000			18,500,000,000
Foreign currencies translation risk
Currency forward ()		643,277,087			584,378,132			26,360,955			1,254,016,174
Currency forward ()		137,547,500			206,072,000			36,726,000			380,345,500
Currency forward (AUD)		99,970,000			160,000,000			—			259,970,000
Currency swap ()		140,000,000			740,678,827			—			880,678,827
Currency swap ()		356,853,334			1,025,000,000			40,000,000			1,421,853,334
Currency swap (AUD)		15,000,000			200,000,000			—			215,000,000
Currency swap (CAD)		50,000,000			120,000,000			30,000,000			200,000,000
Currency swap ()		16,000,000,000			18,500,000,000			43,500,000,000			78,000,000,000
Currency swap (CNH)		—			500,000,000			—			500,000,000
Hedges of net investment in foreign operations		—			—			—			—
Exchange risk		—			—			—			—
Foreign currency bond ()		300,000,000			563,959,317			—			863,959,317

110 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	December 31, 2025
	1 year or less		1 year to 5 years		More than 5 years		Total
Fair value hedge
Interest rate risk
Interest rate swap ()		550,000,000		2,100,000,000		—		2,650,000,000
Interest rate swap (KRW)		—		—		290,000		290,000
Foreign currencies translation risk
Currency forward ()		414,314,566		65,544,792		—		479,859,358
Currency forward ()		—		72,961,301		—		72,961,301
Currency forward (AUD)		109,214,330		126,550,000		—		235,764,330
Currency forward ()		15,700,000		—		—		15,700,000
Cash flow hedge
Interest rate risk
Interest rate forward ()		—		320,000,000		—		320,000,000
Interest rate forward (KRW)		1,630,000		380,000		—		2,010,000
Interest rate swap (KRW)		—		60,000		—		60,000
Foreign currencies translation risk and interest rate risk
Currency swap ()		336,333,334		470,500,000		—		806,833,334
Currency swap ()		52,000,000		114,900,000		—		166,900,000
Currency swap (AUD)		80,000,000		—		—		80,000,000
Currency swap (SEK)		380,000,000		219,000,000		—		599,000,000
Currency swap ()		—		—		5,000,000,000		5,000,000,000
Foreign currencies translation risk
Currency forward ()		998,071,601		700,378,132		—		1,698,449,733
Currency forward ()		374,850,500		232,472,000		—		607,322,500
Currency forward (AUD)		99,970,000		160,000,000		—		259,970,000
Currency swap ()		130,000,000		527,884,000		—		657,884,000
Currency swap ()		194,780,000		1,012,000,000		—		1,206,780,000
Currency swap (AUD)		15,000,000		200,000,000		—		215,000,000
Currency swap (CAD)		—		40,000,000		—		40,000,000
Currency swap ()		—		21,500,000,000		43,500,000,000		65,000,000,000
Hedges of net investment in foreign operations
Exchange risk
Foreign currency bond ()		—		863,959,317		—		863,959,317

111 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	The average interest rate and average currency rate of the hedging instrument are as follows:
	June 30, 2026
---	:---:
	Average interest rate and average exchange rate
Fair value hedge
Interest rate risk
Interest rate swap ()	Fixed 4.18% receipt and (C.SOFR) + 1.21% paid
Interest rate swap (KRW)	Fixed 4.20% receipt and CD 3M + 0.01% paid
Foreign currencies translation risk and interest rate risk
Currency swap ()	USD 4.48% paid, KRW 2.76% receipt, USD/KRW = 1,402.05
Foreign currencies translation risk
Currency forward ()	USD/KRW = 1,327.61, USD/KRW = 1,428.59
Currency forward ()	EUR/KRW = 1,498.43
Currency forward (AUD)	AUD/KRW = 874.06, AUD/KRW = 915.61
Currency forward ()	GBP/KRW = 2,005.60
Cash flow hedge
Interest rate risk
Interest forward ()	YTM 5.14%, YTM 5.2%
Interest forward (KRW)	YTM 3.09%, YTM 3.31%
Interest rate swap (KRW)	KRW CD+0.37% receipt, KRW 2.75% paid
Foreign currencies translation risk and interest rate risk
Currency swap ()	USD 1M SOFR+0.62% receipt, KRW 3.31% paid, USD 4.05% paid, KRW 2.5% receipt,<br><br>USD/KRW = 1,434.34, USD/KRW = 1,402.05
Currency swap ()	EUR 3.15% paid, KRW 3.42% receipt, EUR/KRW = 1,666.19
Currency swap (AUD)	AUD 3.11% paid, KRW 1.55% receipt, AUD/KRW = 952.2
Currency swap (SEK)	SEK 1.88% paid, KRW 2.01% receipt, SEK/KRW = 140.55
Currency swap ()	JPY 3.35% paid, KRW 4.71% receipt, JPY/KRW = 9.36
Foreign currencies translation risk
Currency forward ()	USD/KRW = 1,349.94
Currency forward ()	EUR/KRW = 1,569.58
Currency forward (AUD)	AUD/KRW = 863.03
Currency swap ()	USD 4.12% paid, KRW 3.04% receipt, USD/KRW = 1,434.34
Currency swap ()	EUR 1.98% receipt, KRW 3.40% paid, , EUR 3.06% paid, KRW 3.24% receipt,<br><br>EUR/KRW = 1,344.08, EUR/KRW = 1,664.32
Currency swap (AUD)	AUD 4.96% paid, KRW 3.58% receipt, AUD/KRW = 902.7
Currency swap (CAD)	CAD 4.6% paid, KRW 4.92% receipt, CAD/KRW = 1,081.43
Currency swap ()	JPY 3.12% paid, KRW 4.51% receipt, JPY/KRW = 9.42
Currency swap (CNH)	CNH 2.15% receipt, KRW 3.83% paid, CNH 2.20% receipt, KRW 4.25% paid, CNH/KRW = 215.9, CNH/KRW = 227.26
Hedges of net investment
Exchange rate risk
Foreign currency denominated debentures()	USD/KRW = 1,481.78

112 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	December 31, 2025
	Average interest rate and average exchange rate
Fair value hedge
Interest rate risk
Interest rate swap (USD)	Fixed 3.47% receipt and (C.SOFR) + 1.06% paid
Interest rate swap (KRW)	Fixed 3.94% receipt and CD 3M + 0.01% paid
Foreign currencies translation risk
Currency forward (USD)	USD/KRW = 1,326.88<br><br>USD/KRW = 1,373.60
Currency forward (EUR)	EUR/KRW = 1,498.43
Currency forward (AUD)	AUD/KRW = 874.06<br>AUD/KRW = 864.44
Currency forward (GBP)	GBP/KRW = 1,854.71
Cash flow hedge
Interest rate risk
Interest forward (USD)	YTM 5.14%, YTM 5.20%, USD/KRW = 1,373.23
Interest forward (KRW)	YTM 2.91%, YTM 1.42%
Interest rate swap (KRW)	KRW CD+0.37% receipt, KRW 2.75% paid
Foreign currencies translation risk and interest rate risk
Currency swap (USD)	USD 4.11% paid, KRW 2.54% receipt,<br><br>USD 1M SOFR+0.91% receipt, KRW 3.60% paid,<br><br>USD/KRW = 1,402.05, USD/KRW = 1,355.00
Currency swap (EUR)	EUR 3.03% paid, KRW 3.18% receipt, EUR/KRW = 1,619.42
Currency swap (AUD)	AUD 3.11% paid, KRW 1.55% receipt, AUD/KRW = 952.20
Currency swap (SEK)	SEK 1.88% paid, KRW 2.01% receipt, SEK/KRW = 140.55
Currency swap (JPY)	JPY 3.20% paid, KRW 4.45% receipt, JPY/KRW = 9.47
Foreign currencies translation risk
Currency forward (USD)	USD/KRW = 1,343.49
Currency forward (EUR)	EUR/KRW = 1,539.86
Currency forward (AUD)	AUD/KRW = 863.03
Currency swap (USD)	USD 1.75% receipt, KRW 1.63% paid,<br>USD 2.50% receipt, KRW 3.76% paid,<br>USD/KRW = 1,138.50<br>USD/KRW = 1,404.97
Currency swap (EUR)	EUR 1.98% receipt, KRW 3.40% paid,<br>EUR 3.21% receipt, KRW 3.14% paid,EUR/KRW = 1,344.08<br>EUR/KRW = 1,644.48
Currency swap (AUD)	AUD 3.58% receipt, KRW 4.96% paid,AUD/KRW = 902.70
Currency swap (CAD)	CAD 4.46% receipt, KRW 4.60% paid, CAD/KRW = 1,062.00
Currency swap (JPY)	JPY 4.46% receipt, KRW 3.10% paid, JPY/KRW = 9.42
Hedges of net investment<br>Exchange rate risk
Foreign currency<br>denominated debentures(USD)	USD/KRW = 1,421.88

113 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(5)	The amounts related to items designated as hedging instruments are as follows (Unit: USD, EUR, AUD, SEK, GBP,<br>JPY, CAD, CNH and Korean Won in millions):
June 30, 2026
:---:	---	---	---	---	---	---	---	---	---
Nominal amount of the<br>hedging instrument		Carrying amount of the hedging<br>instrument				Line item in the statement<br><br>of financial position<br><br>where the<br>hedging<br><br>instrument is located	Change in fair<br>value used for<br>calculating hedge<br>ineffectiveness
		Assets		Liabilities
Fair value hedge
Interest rate risk
Interest rate Swap()	2,100,000,000					Derivative assets<br><br>(designated for hedging)
Interest rate Swap(KRW)	340,000		13,478		38,499	Derivative liabilities<br><br>(designated for hedging)		(44,752	)
Foreign currencies translation risk and interest rate risk
Currency swap ()	50,000,000		—		7,160	Derivative liabilities<br><br>(designated for hedging)		(20,657	)
Foreign currencies translation risk
Currency forward ()	363,151,645		—		66,121	Derivative assets<br><br>(designated for hedging)<br><br>Derivative<br>liabilities<br><br>(designated for hedging)		(41,135	)
Currency forward ()	72,961,300		—		19,569			(5,664	)
Currency forward (AUD)	235,650,249		—		40,388			(24,882	)
Currency forward ()	15,700,000		—		873			(1,948	)
Cash flow hedge
Interest rate risk
Interest forward ()	320,000,000		9,689		—	Derivative assets<br><br>(designated for hedging)		4,869
Interest forward (KRW)	1,588,190		75		307,095	Derivative liabilities<br><br>(designated for hedging)		(315,385	)
Interest rate swap (KRW)	60,000		1,632		—	Derivative assets<br><br>(designated for hedging)<br><br>Derivative<br>liabilities<br><br>(designated for hedging)		729
Foreign currency translation risk and interest rate risk
Currency swap ()	743,500,000		71,112		25,199	Derivative assets<br><br>(designated for hedging)<br><br>Derivative<br>liabilities<br><br>(designated for hedging)		(1,076	)
Currency swap ()	198,900,000		—		22,562			(14,679	)
Currency swap (AUD)	80,000,000		—		8,130			(8,103	)
Currency swap (SEK)	599,000,000		65		10,805			(2,128	)
Currency swap ()	18,500,000,000		33		2,717			(3,503	)
Foreign currency translation risk
Currency forward ()	1,254,016,174		—		212,856	Derivative assets<br><br>(designated for hedging)<br><br>Derivative<br>liabilities<br><br>(designated for hedging)		(161,657	)
Currency forward ()	380,345,500		485		79,118			(39,314	)
Currency forward (AUD)	259,970,000		—		46,569			(27,402	)
Currency swap ()	880,678,827		23		94,823	Derivative assets<br><br>(designated for hedging)<br><br>Derivative<br>liabilities<br><br>(designated for hedging)		(75,135	)
Currency swap ()	1,421,853,334		54,275		145,442			(104,657	)
Currency swap (AUD)	215,000,000		—		35,906			(25,092	)
Currency swap (CAD)	200,000,000		579		3,480			(3,242	)
Currency swap ()	78,000,000,000		69		13,690			(18,460	)
Currency swap (CNH)	500,000,000		3,704		252			3,572
Hedges of net investment in foreign operations
Exchange rate risk
Foreign currency bond()	863,959,317		—		1,331,793	Foreign currency bond		(92,098	)

114 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	December 31, 2025
	Nominal amounts of the<br>hedging instrument		Carrying amount of the hedging<br>instrument				Line item in the statement<br>of financial position<br>where the hedging<br>instrument is located		Change in fair<br>value used for<br>calculating hedge<br>ineffectiveness
			Assets		Liabilities
Fair value hedge
Interest rate risk
Interest rate Swap ()		2,650,000,000						Derivative assets<br><br>(designated for hedging)
Interest rate Swap (KRW)		290,000		37,010		27,050		Derivative liabilities<br><br>(designated for hedging)		93,549
Foreign currencies translation risk
Currency forward ()		479,859,358		1,201		40,408		Derivative assets<br><br>(designated for hedging)<br><br>Derivative liabilities<br><br>(designated for hedging)		(252,432	)
Currency forward ()		72,961,301		—		13,904		Derivative assets<br><br>(designated for hedging)		44,644
Currency forward (AUD)		235,764,330		—		15,575				(23,061	)
Currency forward ()		15,700,000		—		1,101		Derivative liabilities<br><br>(designated for hedging)		(1,408	)
Cash flow hedge
Interest rate risk
Interest rate forward ()		320,000,000		4,848		27		Derivative assets<br><br>(designated for hedging)<br><br>Derivative liabilities<br><br>(designated for hedging)		3,732
Interest rate forward (KRW)		2,010,000		2,344		139,313				(203,153	)
Interest rate swap (KRW)		60,000		903		—				1,084
Foreign currency translation risk and interest rate risk
Currency swap ()		806,833,334		51,040		11,984		Derivative assets<br><br>(designated for hedging)<br><br>Derivative liabilities<br><br>(designated for hedging)		(69,611	)
Currency swap ()		166,900,000		1,012		16,086		Derivative liabilities<br><br>(designated for hedging)		(9,085	)
Currency swap (AUD)		80,000,000		605		632				(5,494	)
Currency swap (SEK)		599,000,000		855		9,468				(7,678	)
Currency swap ()		5,000,000,000		819		—				819
Foreign currency translation risk

115 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

December 31, 2025
Nominal amount of the<br>hedging instrument		Carrying amount of the hedging<br>instrument				Line item in the statement<br><br>of financial position<br><br>where the<br>hedging<br><br>instrument is located	Changing in fair<br>value used for<br>calculating hedge<br>ineffectiveness
		Assets		Liabilities
Currency forward ()	1,698,449,733		2,221		127,924	Derivative assets<br><br>(designated for hedging)<br><br>Derivative<br>liabilities<br><br>(designated for hedging)		13,389
Currency forward ()	607,322,500		—		89,586			(10,747	)
Currency forward (AUD)	259,970,000		—		19,167			(350	)
Currency swap ()	657,884,000		30,780		27,168			(74,613	)
Currency swap ()	1,206,780,000		72,261		60,932			(16,952	)
Currency swap (AUD)	215,000,000		—		13,220			(15,574	)
Currency swap (CAD)	40,000,000		339		—			334
Currency swap ()	65,000,000,000		10,943		1,814			8,981
Hedges of net investment in foreign operations
Exchange rate risk
Foreign currency bond()	863,959,317		—		1,239,695	Foreign currency bond		30,325

116 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(6)	Details of carrying amount to hedge and amount due to hedge accounting are as follows (Unit: Korean Won in<br>millions):
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Carrying amount of the<br>hedged item						Accumulated amount of fair<br>value hedge adjustments on<br>the hedged item included in<br>the<br>carrying amount of the<br>hedged item						Line item in the statement of<br>financial position in<br>which the<br>hedged item is included		Change in fair<br>value used for<br>calculating<br>hedge<br>ineffectiveness			Cash flow<br>hedge<br>reserve<br>(*2)
		Assets			Liabilities			Assets			Liabilities
Fair value hedge
Interest rate risk
Debentures(*1)			—			3,493,080			—			77,303		Debentures			47,515			—
Foreign currencies translation risk and interest rate risk
Foreign currency securities			58,758			—			(7,160	)		—		FVTPL			3,211			—
Foreign currencies translation risk
Foreign currency securities			210,675			—			(28,698	)		—		FVTPL			2,147			—
			488,192			—			147,235			—		FVTOCI			37,907			—
Foreign private bonds			84,862			—			(18,166	)		—		Financial assets at amortized cost			—			—
Cash flow hedge
Interest rate risk
Debentures			—			59,961			—			—		Debentures			(729	)		(1,121	)
Anticipated bond purchase			—			—			—			—		—			279,763			(294,934	)
Foreign currencies translation risk and interest rate risk
Debentures			—			923,110			—			—		Debentures			(19,580	)		31,290
Foreign currency borrowings			—			308,300			—			—		Borrowings			—			—
Foreign currency securities			657,242			—			—			—		FVTOCI			15,440			(4,410	)
Foreign private bonds			190,603			—			—			—		Financial assets at amortized cost			14,106			(1,841	)
Foreign currencies translation risk
Debentures			—			342,093			—			—		Debentures			8,299			(25,833	)
Foreign currency securities			5,520,140			—			—			—		FVTOCI			434,170			(26,660	)
			658,464			—			—			—		FVTPL			7,976			396
Hedges of net investment in foreign operations
Exchange rate risk
Foreign operations net asset			—			1,331,793			—			—		Foreign operations net asset			92,098			(194,029	)
(*1)	The accumulated profit on debentures on foreign currency amounted to 47,664 million won, and the<br>accumulated loss on debentures on local currency amounted to 29,639 million won, as of June 30, 2026.
:---	:---
(*2)	After tax amount
:---	:---

117 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		December 31, 2025
		Carrying amount of the<br>hedged item				Accumulated amount of fair<br>value hedge adjustments on<br>the hedged item included in<br>the<br>carrying amount of the<br>hedged item					Line item in the statement of<br>financial<br>position in which the<br>hedged item is included	Change in<br>fair value used<br>for calculating<br>hedge<br>ineffectiveness			Cash flow<br>hedge<br>reserve<br>(*2)
		Assets		Liabilities		Assets			Liabilities
Fair value hedge
Interest rate risk
Debentures (*1)			—		4,046,624		—			36,892	Debentures		(80,760	)		—
Foreign currencies translation risk
Foreign currency securities			569,122		—		131,018			—	FVTOCI		169,469			—
			226,555		—		(4,121	)		—	FVTPL		70,015			—
Foreign private bonds			76,793		—		(7,717	)		—	Financial assets at amortized cost		6,567			—
Cash flow hedge
Interest rate risk
Debentures			—		59,952		—			—	Debentures		(1,083	)		655
Anticipated bond purchase			—		—		—			—	—		183,177			(150,651	)
Foreign currencies translation risk and interest rate risk
Debentures			—		878,855		—			—	Debentures		53,508			(188	)
Foreign currency securities			256,487		—		—			—	FVTOCI		13,062			(1,105	)
Foreign private bonds			176,540		—		—			—	Financial assets at amortized cost		11,016			(1,722	)
			55,671		—		—			—	FVTPL		(321	)		(77	)
Foreign currencies translation risk
Debentures			—		471,707		—			—	Debentures		(33,199	)		(2,242	)
Foreign currency securities			4,996,548		—		—			—	FVTOCI		141,426			(26,141	)
			605,631		—		—			—	FVTPL		(13,091	)		(321	)
Hedges of net investment in foreign operations
Exchange rate risk
Foreign operations net asset			—		1,239,695		—			—	Foreign operations net asset		(30,325	)		(127,258	)
(*1)	The accumulated profit on debentures on foreign currency amounted to 29,538 million Won, and the<br>accumulated profit on debentures on local currency amounted to 7,354 million Won, as of December 31, 2025.
:---	:---
(*2)	After tax amount
:---	:---

118 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(7)	Amounts recognized in profit or loss due to the ineffective portion of fair value hedges are as follows (Unit:<br>Korean Won in millions):
				For the six-month period ended June 30, 2026
---	---	---	---	:---:	---	---	---
				Hedge ineffectiveness<br>recognized in profit<br>or loss			Line item in the profit or loss that includes<br>hedge ineffectiveness
Fair value hedge		Interest rate risk			2,763		Other net operating income(expense)
		Foreign currencies translation risk and interest rate risk			(17,446	)	Other net operating income(expense)
		Foreign currencies translation risk			(33,575	)	Other net operating income(expense)
				For the six-month period ended June 30, 2025
---	---	---	---	:---:	---	---	---
				Hedge ineffectiveness<br>recognized in profit or<br>loss			Line item in the profit or loss that includes<br>hedge ineffectiveness
Fair value hedge		Interest rate risk			15,139		Other net operating income(expense)

119 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(8)	Reclassification of profit or loss from other comprehensive income and equity related to cash flow hedges are<br>as follows (Unit: Korean Won in millions):
				For the six-month period ended June 30, 2026
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
				Changes in<br>the value of<br>hedging<br>instruments<br>recognized in<br>OCI			Hedge<br>ineffectiveness<br>recognized in<br>profit or loss			Changes in<br>the value<br>of foreign<br>basis<br>spread<br>recognized<br>in OCI			Line item<br>recognized in the<br>profit or<br>loss		Amounts<br>reclassified<br>from cash<br>flow hedge<br>reserve to<br>profit or<br>loss			Line item<br>affected in profit or<br>loss due<br>to<br>reclassification
Cash flow hedge		Interest rate risk			(441,249	)		131,462			—		Other net operating income (expense)			144,284		Other net operating income (expense)
		Foreign currencies translation risk and interest rate risk			(26,241	)		(3,248	)		773		Other net operating income (expense)			28,821		Other net operating income (expense)
		Foreign currencies translation risk			(450,445	)		(942	)		316		Other net operating income (expense)			440,639		Other net operating income (expense)
		For the<br>six-month period ended June 30, 2025
				Changes in<br>the value of<br>hedging<br>instruments<br>recognized in<br>OCI			Hedge<br>ineffectiveness<br>recognized in<br>profit or loss			Changes in<br>the value<br>of foreign<br>basis<br>spread<br>recognized<br>in OCI			Line item<br><br>recognized in the<br>profit or loss		Amounts<br>reclassified<br>from cash<br>flow hedge<br>reserve to<br>profit or<br>loss			Line item<br><br>affected in profit or<br>loss due to<br>reclassification
Cash flow hedge		Interest rate risk			180			—			—		Other net operating income (expense)			—		Other net operating income (expense)
		Foreign currencies translation risk and interest rate risk			(102,128	)		—			(567	)	Other net operating income (expense)			98,832		Other net operating income (expense)
		Foreign currencies translation risk			3,660			—			(65	)	Other net operating income (expense)			(925	)	Other net operating income (expense)

120 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(9)	The amounts recognized in profit or loss and other comprehensive income related to the hedging of net<br>investments in foreign operations are as follows (Unit: Korean Won in millions):
				June 30, 2026
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
				Other comprehensive income									Profit or loss
				Hedge gain or loss<br>recognized in other<br>comprehensive income			Income<br>tax effect			Sub-total			Hedge ineffectiveness<br>recognized in profit<br>or loss			Line item<br>recognizing<br>ineffectiveness
Hedges of net investment in foreign operations		Foreign<br>exchange<br>risk			(92,098	)		25,327			(66,771	)		—			—
				June 30, 2025
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
				Other comprehensive income									Profit or loss
				Hedge gain or loss<br>recognized in other<br>comprehensive income			Income<br>tax effect			Sub-total			Hedge ineffectiveness<br>recognized in profit<br>or loss			Line item<br>recognizing<br>ineffectiveness
Hedges of net investment in foreign operations		Foreign<br>exchange<br>risk			98,145			(25,910	)		72,235			—			—

No amount was reclassified from reserve of hedges of net investment in foreign operations to profit or loss for the six-month periods ended June 30, 2026 and 2025.

121 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

22.	EQUITY
(1)	Details of equity as of June 30, 2026 and December 31, 2025 are as follows (Unit: Korean Won in<br>millions):
:---	:---
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Capital
Common stock capital			3,802,676				3,802,676
Hybrid securities			3,511,032				3,710,498
Capital surplus
Paid in capital in excess of par			854,499				854,499
Others			78,655				78,937

Sub-total			933,154				933,436

Capital adjustments
Treasury stocks			(35,517	)			(35,517	)
Other adjustments (*1)			(1,644,008	)			(1,646,069	)

Sub-total			(1,679,525	)			(1,681,586	)

Accumulated other comprehensive income
Gain (loss) on credit risk fluctuation of financial liabilities designated to be measured at<br>FVTPL			1,146				1,274
Financial assets at FVTOCI			(3,131,733	)			(1,106,650	)
Changes in capital due to equity method			9,233				(4,222	)
Net financial gain(loss) on insurance contract assets(liabilities)			4,058,795				1,534,528
Net financial gain(loss) on reinsurance contract assets(liabilities)			(25,842	)			(10,462	)
Revaluation surplus of premises and equipment			1,794,872				—
Gain (loss) on foreign currency translation of foreign operations			777,334				416,768
Gain (loss) on hedges of net investment in foreign operations			(194,029	)			(127,258	)
Remeasurements of defined benefit plan			(52,956	)			(96,991	)
Gain (loss) on valuation of cash flow hedge			(323,112	)			(144,728	)

Sub-total			2,913,708				462,259

Retained earnings (2) (3)			29,403,630				28,790,056

Non-controlling interest (4) (5)			1,995,468				1,841,909

Total			40,880,143				37,859,248

(*1)	Included 178,060 million Won in capital transaction gains and losses recognized by Woori Bank and<br>(formerly) Woori Financial Group in 2014 and 2,238,228 million Won due to the spin-off of Gyeongnam Bank and Gwangju Bank.
:---	:---
(*2)	The regulatory reserve for credit losses in retained earnings amounted to 2,959,506 million Won and<br>2,678,017 million Won as of June 30, 2026 and December 31, 2025, respectively in accordance with the relevant article.
:---	:---
(*3)	The earned surplus reserve in retained earnings amounted to 667,700 million Won and 554,990 million<br>Won as of June 30, 2026 and December 31, 2025 in accordance with the Article 53 of the Financial Holding Company Act.
:---	:---
(*4)	The hybrid securities issued by Woori Bank amounting to 1,406,513 million Won and 1,406,513 million<br>Won as of June 30, 2026 and December 31, 2025, respectively, are recognized as non-controlling interests. 42,929 million Won and 47,749 million Won of dividends for the hybrid securities<br>issued by Woori Bank are allocated to net profit and loss of the non-controlling interests for the six-month periods ended June 30, 2026 and 2025, respectively.
:---	:---
(*5)	10,995 million Won of dividends for the hybrid securities issued by Tongyang Life Insurance Co., Ltd. are<br>allocated to net profit and loss of the non-controlling interests for the year ended December 31, 2025.
:---	:---

122 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	The number of authorized shares and others of the Group are as follows:
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Shares of common stock authorized			4,000,000,000 Shares			4,000,000,000 Shares
Par value			5,000 Won			5,000 Won
Shares of common stock issued			728,089,682 Shares			734,076,320 Shares
Capital stock (*)			3,802,676 million Won			3,802,676 million Won
(*)	Due to the cancellation of treasury shares using retained earnings, the<br>paid-in capital differs from the total par value of the issued shares.
:---	:---

123 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Hybrid securities

The bond-type hybrid securities classified as owner’s equity are as follows (Unit: Korean Won in millions):


Securities in local currency	2021-04-08	—	3.15	—		200,000
Securities in local currency	2021-10-14	—	3.60	200,000		200,000
Securities in local currency	2022-02-17	—	4.10	300,000		300,000
Securities in local currency	2022-07-28	—	4.99	300,000		300,000
Securities in local currency	2022-10-25	—	5.97	220,000		220,000
Securities in local currency	2023-02-10	—	4.65	300,000		300,000
Securities in local currency	2023-09-07	—	5.04	200,000		200,000
Securities in local currency	2024-02-07	—	4.49	400,000		400,000
Securities in local currency	2024-06-19	—	4.27	400,000		400,000
Securities in local currency	2024-10-10	—	4.00	400,000		400,000
Securities in local currency	2025-05-13	—	3.45	400,000		400,000
Securities in local currency	2025-10-22	—	3.34	400,000		400,000
Issuance cost				(8,968	)	(9,502	)

Total				3,511,032		3,710,498

The hybrid securities mentioned above do not have maturity date but are redeemable after 5 years from date of issuance.

124 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Accumulated other comprehensive income

Changes in the accumulated other comprehensive income are as follows (Unit: Korean Won in millions):

		For the six-month period ended June 30, 2026
		Beginning<br>balance			Increase<br>(decrease) (*)			Reclassification<br>adjustments			Income tax<br>effect			Non-controlling<br>interest<br>adjustments			Ending<br>balance
Net gain (loss) on valuation of financial assets at FVTOCI			(1,106,650	)		(3,018,345	)		(27,833	)		789,824			231,271			(3,131,733	)
Net gain (loss) on credit risk fluctuation of financial liabilities designated to be measured at<br>FVTPL			1,274			(177	)		—			49			—			1,146
Changes in capital due to equity method			(4,222	)		17,907			—			(4,452	)		—			9,233
Gain (loss) on foreign currency translation of foreign operations			416,768			368,291			—			(5,861	)		(1,864	)		777,334
Gain (loss) on hedges of net investment in foreign operations			(127,258	)		(92,098	)		—			25,327			—			(194,029	)
Remeasurement gain (loss) related to defined benefit liabilities			(96,991	)		60,232			—			(16,601	)		404			(52,956	)
Gain (loss) on valuation of cash flow hedge			(144,728	)		(915,869	)		613,744			75,132			48,609			(323,112	)
Net financial gain(loss) on insurance contract assets(liabilities)			1,534,528			3,955,059			—			(1,003,502	)		(427,290	)		4,058,795
Net financial gain(loss) on reinsurance contract assets(liabilities)			(10,462	)		(31,390	)		—			6,823			9,187			(25,842	)
Revaluation surplus of premises and equipment			—			2,474,187			—			(678,165	)		(1,150	)		1,794,872

Total			462,259			2,817,797			585,911			(811,426	)		(140,833	)		2,913,708

(*)	The increase (decrease) of financial asset valuation profit or loss at fair value through other comprehensive<br>income are changes due to the period evaluation, and the reclassification adjustments amounting to (149) million Won are due to disposal of equity securities at FVTOCI during the period. Also, the increase (decrease) of Revaluation surplus of<br>premises and equipment are changes due to the revaluation and include the amount of (412) million Won transferred directly to retained earnings due to disposal of premises and equipment during the period.
:---	:---

125 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		For the six-month period ended June 30, 2025
		Beginning<br>balance			Increase<br>(decrease) (*)			Reclassification<br>adjustments			Income tax<br>effect			Ending<br>balance
Net gain (loss) on valuation of financial assets at FVTOCI			60,438			192,389			(66,110	)		(36,181	)		150,536
Net gain (loss) on credit risk fluctuation of financial liabilities designated to be measured at<br>FVTPL			1,348			25			—			(7	)		1,366
Changes in capital due to equity method			(1,886	)		(2,790	)		—			765			(3,911	)
Gain (loss) on foreign currency translation of foreign operations			523,780			(386,614	)		—			10,331			147,497
Gain (loss) on hedges of net investment in foreign operations			(149,577	)		98,145			—			(25,910	)		(77,342	)
Remeasurement gain (loss) related to defined benefit plan			(86,218	)		(121,380	)		—			31,527			(176,071	)
Gain (loss) on valuation of cash flow hedge			(14,215	)		(1,011	)		—			1,132			(14,094	)

Total			333,670			(221,236	)		(66,110	)		(18,343	)		27,981

(*)	The increase (decrease) of financial asset valuation profit or loss at fair value through other comprehensive<br>income are changes due to the period evaluation, and the reclassification adjustments amounting to 1,827 million Won are due to disposal of equity securities at FVTOCI during the period.
:---	:---

126 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(5)	Treasury stocks

Changes in treasury stocks for the six-month periods ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):

		For the six-month period ended June 30, 2026
		Beginning<br>balance			Acquisition			Disposal				Ending<br>balance
Number of shares			3,082,276			5,986,653			(5,986,653	)			3,082,276
Carrying amount			35,517			200,000			(200,000	)			35,517
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---
		Beginning<br>balance			Acquisition			Disposal				Ending<br>balance
Number of shares			3,082,276			8,515,245			(64	)			11,597,457
Carrying amount			35,517			150,001			(1	)			185,517
(6)	Regulatory Reserve for Credit Loss
:---	:---

In accordance with Article 26 ~ 28 of the Financial holding company Supervision Regulations, the Group calculates and discloses the regulatory reserve for credit loss.

1)	Balance of the regulatory reserve for credit loss

Balance of the planned regulatory reserve for credit loss is as follows (Unit: Korean Won in millions):


Beginning balance		2,959,506	2,668,842
Changes due to business combinations		—	9,175
Planned provision of regulatory reserve for credit loss		229,447	281,489

Ending balance		3,188,953	2,959,506

2)	Provision of regulatory reserve for credit loss, adjusted income after the provision of regulatory reserve and<br>others
:---	:---

Planned reserves provided, adjusted net income after the planned reserves provided and adjusted EPS after the planned reserves provided are as follows (Unit: Korean Won in millions, except for EPS amount):

	Period ended June 30, 2026						Period ended June 30, 2025
	Three-month			Six-month			Three-month			Six-month
Net income before regulatory reserve		1,026,482			1,665,915			939,743			1,594,299
Provision of regulatory reserve for credit loss		155,532			229,447			73,444			136,016
Adjusted net income after the provision of regulatory reserve		870,950			1,436,468			866,299			1,458,283
Dividends to hybrid securities		(39,033	)		(78,067	)		(36,166	)		(75,672	)
Adjusted net income after regulatory reserve and dividends to hybrid securities		831,917			1,358,401			830,133			1,382,611
Adjusted EPS after regulatory reserve and the dividends to hybrid securities (Unit: Korean<br>Won)		1,145			1,866			1,130			1,877

127 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

23.	DIVIDENDS
(1)	Dividends per share and the total dividends for the fiscal year ending December 31, 2025 were 760 Won and<br>555,129 million Won, respectively, approved at the regular general shareholders’ meeting held on March 23, 2026 and paid in April 2026.
:---	:---
(2)	At the Board of Directors meeting held on April 24, 2026, a quarterly dividend of 220 Won per share (total<br>dividends of 159,861 million Won) was approved, with May 11, 2026 as the record date. The dividends were paid in May 2026.
:---	:---
24.	NET INTEREST INCOME
:---	:---
(1)	Interest income recognized is as follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Financial assets at FVTPL			85,358			165,149			64,600			120,559
Financial assets at FVTOCI			681,194			1,332,172			324,231			675,627
Financial assets at amortized cost:
Securities at amortized cost			132,943			263,831			138,493			276,345
Loans and other financial assets at amortized cost:
Interest on due from banks			157,441			289,433			143,785			286,446
Interest on loans			4,450,061			8,814,308			4,416,336			9,005,431
Interest of other receivables			35,563			67,755			27,162			55,368

Subtotal			4,643,065			9,171,496			4,587,283			9,347,245

Insurance finance interest income			5,874			11,581			—			—

Total			5,548,434			10,944,229			5,114,607			10,419,776

(2)	Details of interest expense recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Financial liabilities at amortized cost
Interest on deposits due to customers			1,864,144			3,679,442			2,047,159			4,255,577
Interest on borrowings			326,284			611,644			282,620			586,329
Interest on debentures			480,373			944,385			440,003			888,550
Other interest expense			138,299			267,995			78,646			166,580
Interest on lease liabilities			5,054			9,741			4,362			8,932

Subtotal			2,814,154			5,513,207			2,852,790			5,905,968

Insurance finance interest expense			377,710			771,299			—			—

Total			3,191,864			6,284,506			2,852,790			5,905,968

128 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

25.	NET FEES AND COMMISSIONS INCOME
(1)	Details of fees and commissions income recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Fees and commission received for brokerage			33,749			70,966			41,235			83,615
Fees and commission received related to credit			37,263			75,838			42,796			87,270
Fees and commission received for electronic finance			33,002			65,888			31,309			62,810
Fees and commission received on foreign exchange handling			14,004			27,561			13,947			27,719
Fees and commission received on foreign exchange			42,548			69,952			27,299			54,751
Fees and commission received for guarantee			24,811			47,243			24,854			49,256
Fees and commission received on credit card			172,651			327,402			162,478			323,094
Fees and commission received on securities business			55,633			94,043			21,396			38,497
Fees and commission from trust management			78,684			143,661			69,917			134,566
Fees and commission received on credit information			2,259			4,213			2,537			5,216
Fees and commission received related to lease			237,802			477,147			239,340			478,703
Other fees			215,622			333,859			55,125			95,707

Total			948,028			1,737,773			732,233			1,441,204

(2)	Details of fees and commissions expense incurred are as follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Fees and commissions paid			96,976			185,582			95,333			180,545
Credit card commission			117,982			230,127			108,915			215,126
Securities business commission			1,845			3,349			614			1,015
Others			29,270			39,930			5,053			10,766

Total			246,073			458,988			209,915			407,452

26.	DIVIDEND INCOME
:---	:---
(1)	Details of dividend income recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Dividend income related to financial assets at FVTPL			131,379			252,247			70,372			125,651
Dividend income related to financial assets at FVTOCI			6,654			26,518			2,237			16,782

Total			138,033			278,765			72,609			142,433

129 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Details of dividends related to financial assets at FVTOCI are as follows (Unit: Korean Won in millions):
		Period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Derecognized equity instruments						Held equity instruments
		Three-month			Six-month			Three-month			Six-month
Stocks			10			10			1,769			17,279
Capital contributions			—			—			745			968
Others			—			—			4,130			8,261

Total			10			10			6,644			26,508

		Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Derecognized equity instruments						Held equity instruments
		Three-month			Six-month			Three-month			Six-month
Stocks			567			567			1,629			15,420
Capital contributions			—			—			41			795
Others			—			—			—			—

Total			567			567			1,670			16,215

130 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

27.	NET GAIN OR LOSS ON FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS MANDATORILY MEASURED AT FAIR<br>VALUE
(1)	Details of gains or losses related to net gain or loss on financial instruments at FVTPL are as follows (Unit:<br>Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---	---	---
		Three-month			Six-month			Three-month				Six-month
Gain (Loss) on financial instruments at FVTPL			1,086,507			1,496,835			(320,679	)			(108,271	)
Gain (Loss) on financial instruments designated to be measured at FVTPL			14,766			43,689			(4,625	)			(14,665	)

Total			1,101,273			1,540,524			(325,304	)			(122,936	)

(2)	Details of net gain or loss on financial instruments at fair value through profit or loss and financial<br>instruments held for trading are as follows (Unit: Korean Won in millions):
:---	:---
						Period ended June 30, 2026						Period ended June 30, 2025
---	---	---	---	---	---	:---:	---	---	---	---	---	:---:	---	---	---	---	---
						Three-month			Six-month			Three-month			Six-month
Financial assets at FVTPL		Securities		Gain on transactions and valuation			1,294,947			1,965,548			24,764			361,388
				Loss on transactions and valuation			(445,063	)		(1,070,314	)		(88,683	)		(214,967	)

				Sub-total			849,884			895,234			(63,919	)		146,421

		Loans		Gain on transactions and valuation			5,494			13,742			2,133			3,345
				Loss on transactions and valuation			4,395			(4,679	)		5			(67	)

				Sub-total			9,889			9,063			2,138			3,278

		Other financial assets		Gain on transactions and valuation			20,520			64,282			8,890			12,208
				Loss on transactions and valuation			(20,464	)		(53,370	)		(6,651	)		(13,926	)

				Sub-total			56			10,912			2,239			(1,718	)

		Sub-total					859,829			915,209			(59,542	)		147,981

Derivatives (Held for<br>trading) (*)		Interest rates derivatives		Gain on transactions and valuation			666,113			1,854,102			699,666			1,056,244
				Loss on transactions and valuation			(397,796	)		(1,262,162	)		(558,067	)		(1,114,345	)

				Sub-total			268,317			591,940			141,599			(58,101	)

		Currency derivatives		Gain on transactions and valuation			3,038,356			8,570,041			5,741,408			8,079,511
				Loss on transactions and valuation			(3,145,345	)		(8,612,902	)		(6,144,542	)		(8,278,116	)

				Sub-total			(106,989	)		(42,861	)		(403,134	)		(198,605	)

		Equity derivatives		Gain on transactions and valuation			204,493			409,493			469			558
				Loss on transactions and valuation			(139,143	)		(376,938	)		(186	)		(223	)

				Sub-total			65,350			32,555			283			335

		Other derivatives		Gain on transactions and valuation			—			—			220			224
				Loss on transactions and valuation			—			(8	)		(105	)		(105	)

				Sub-total			—			(8	)		115			119

		Sub-total					226,678			581,626			(261,137	)		(256,252	)

Net, total							1,086,507			1,496,835			(320,679	)		(108,271	)

(*)	The Group holds interest rate and currency-related derivative contracts to manage the volatility of gains and<br>losses on transactions of foreign exchange due to exchange rate risk. The gains and losses on transactions of foreign exchange are described in Note 30. (2) and (3).
:---	:---

131 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Details of gains or losses on financial instruments designated to be measured at FVTPL are as follows (Unit:<br>Korean Won in millions):
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---	---	---
		Three-month			Six-month			Three-month				Six-month
Gain (Loss) on deposits
Gain (Loss) on fixed deposits			14,766			43,689			(4,625	)			(14,665	)
28.	NET GAIN OR LOSS ON FINANCIAL ASSETS AT FVTOCI
:---	:---

Details of net gain or loss on financial assets at FVTOCI recognized are as follows (Unit: Korean Won in millions) :

		Period ended June 30, 2026				Period ended June 30, 2025
		Three-month		Six-month		Three-month		Six-month
Gain (loss) on redemption of securities			1		1		—		—
Gain (loss) on transactions of securities			8,940		19,643		47,566		80,823

Total			8,941		19,644		47,566		80,823

29.	REVERSAL OF (PROVISION FOR) IMPAIRMENT LOSSES DUE TO CREDIT LOSS
:---	:---

Reversal of (provision for) impairment losses due to credit loss are as follows (Unit: Korean Won in millions):

	Period ended June 30, 2026						Period ended June 30, 2025
	Three-month			Six-month			Three-month			Six-month
Reversal (provision) due to credit loss on<br><br>financial assets measured at FVTOCI		(5,112	)		(7,028	)		239			(489	)
Reversal of impairment loss due to credit loss on securities at amortized cost		338			390			127			217
Provision for impairment loss due to credit loss on loan and other financial assets at amortized<br>cost		(419,516	)		(948,369	)		(508,770	)		(950,656	)
Reversal of (provision for) guarantees		(19,871	)		(18,427	)		(1,399	)		1,220
Reversal of unused loan commitment		4,918			7,409			1,994			6,398

Total		(439,243	)		(966,025	)		(507,809	)		(943,310	)

132 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

30.	GENERAL AND ADMINISTRATIVE EXPENSES AND OTHER NET OPERATING INCOME (EXPENSES)
(1)	Details of general and administrative expenses recognized are as follows (Unit: Korean Won in millions):
:---	:---
						Period ended June 30, 2026						Period ended June 30, 2025
---	---	---	---	---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
						Three-month			Six-month			Three-month			Six-month
Employee benefits		Short-term employee benefits		Salaries			473,084			965,032			460,681			932,793
				Employee fringe benefits			174,966			374,962			181,892			327,138
		Share based payment					(6,265	)		16,796			19,507			24,750
		Retirement benefit service costs					45,578			88,221			63,737			102,111
		Termination					—			183,070			—			169,392

		Sub-total					687,363			1,628,081			725,817			1,556,184

Depreciation and amortization							157,993			309,932			143,052			285,999
Other general and administrative expenses		Rent					32,872			64,368			29,801			61,820
		Taxes and public dues					92,581			166,814			60,221			112,635
		Service charges					65,397			131,726			64,752			128,477
		Computer and IT related					47,625			93,071			39,050			77,996
		Telephone and communication					29,148			56,742			23,708			49,223
		Advertising					44,433			78,339			38,640			64,237
		Printing					942			1,999			1,079			2,235
		Traveling					3,843			8,180			3,184			6,244
		Supplies					1,869			3,850			1,843			3,549
		Insurance premium					3,237			7,415			2,919			6,645
		Maintenance					5,536			11,529			5,663			11,588
		Water, light, and heating					4,736			11,017			4,071			9,674
		Vehicle maintenance					3,187			5,806			3,003			5,716
		Others (*)					29,285			53,987			26,111			96,864

		Sub-total					364,691			694,843			304,045			636,903

		Total					1,210,047			2,632,856			1,172,914			2,479,086

(*)	It includes 50,710 million Won in in-house welfare fund<br>contributions for the six-month period ended June 30, 2025.
:---	:---
(2)	Details of other operating income recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Gains on transactions of foreign exchange (*)			442,585			893,158			909,163			1,197,499
Gains related to derivatives (designated for hedging)			32,699			94,553			26,169			85,237
Gains on fair value hedged items			19,789			52,468			1,820			3,887
Others			151,623			278,111			121,326			216,965

Total			646,696			1,318,290			1,058,478			1,503,588

(*)	The Group holds interest rate and currency-related derivative contracts to manage the volatility of gains and<br>losses on transactions of foreign exchange due to exchange rate risk. The related gains and losses are described in Note 27. (2).
:---	:---

133 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Details of other operating expenses recognized are as follows (Unit: Korean Won in millions):
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Losses on transactions of foreign exchange (*1)			241,621			693,219			155,565			472,940
KDIC deposit insurance premium			133,854			260,461			126,212			256,582
Contribution to miscellaneous funds			147,852			287,836			132,148			262,256
Losses related to derivatives (Designated for hedging)			106,245			302,267			107,787			111,521
Losses on fair value hedged items			3,513			13,560			14,743			59,901
Others (*2)			352,142			691,538			345,201			641,309

Total			985,227			2,248,881			881,656			1,804,509

(*1)	The Group holds interest rate and currency-related derivative contracts to manage the volatility of gains and<br>losses on transactions of foreign exchange due to exchange rate risk. The related gains and losses are described in Note 27. (2).
:---	:---
(*2)	Other expense includes 11,245 million Won and 16,279 million Won for intangible asset amortization<br>cost and 311,400 million Won and 313,693 million Won for lease depreciation cost for the six-month periods ended June 30, 2026 and 2025, respectively.
:---	:---
(4)	Share-based payment
:---	:---

Details of performance condition share-based payment granted to executives as of June 30, 2026 and December 31, 2025 are as follows.

1)	Performance condition share-based payment
Subject to				Shares granted for the year 2021
---	---	---	---	:---:
Type of payment				Cash-settled
Vesting period				January 1, 2021 ~ December 31, 2024
Date of payment				2025-01-01
Fair value (*1)				15,831 Won
Valuation method				Black-Scholes Model
Expected dividend rate				6.48%
Expected maturity date				—
Number of shares remaining		As of June 30, 2026		56,029 shares
		As of December 31, 2025		56,029 shares
Number of shares granted (*2)		As of June 30, 2026		56,029 shares
		As of December 31, 2025		56,029 shares
Subject to				Shares granted for the year 2022
Type of payment				Cash-settled
Vesting period				January 1, 2022 ~ December 31, 2025
Date of payment				2026-01-01
Fair value (*1)				27,713 Won
Valuation method				Black-Scholes Model
Expected dividend rate				7.30%
Expected maturity date				—
Number of shares remaining		As of June 30, 2026		55,560 shares
		As of December 31, 2025		960,777 shares
Number of shares granted (*2)		As of June 30, 2026		55,560 shares
		As of December 31, 2025		960,777 shares

134 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Subject to			Shares granted for the year 2023
Type of payment			Cash-settled
Vesting period			January 1, 2023 ~ December 31, 2026
Date of payment			2027-01-01
Fair value (*1)			28,979 Won
Valuation method			Black-Scholes Model
Expected dividend rate			6.70%
Expected maturity date			0.50 years
Number of shares remaining		As of June 30, 2026	916,849 shares
		As of December 31, 2025	916,849 shares
Number of shares granted (*2)		As of June 30, 2026	916,849 shares
		As of December 31, 2025	916,849 shares
Subject to			Shares granted for the year 2024
Type of payment			Cash-settled
Vesting period			January 1, 2024 ~ December 31, 2027
Date of payment			2028-01-01
Fair value (*1)			27,101 Won
Valuation method			Black-Scholes Model
Expected dividend rate			6.70%
Expected maturity date			1.50 years
Number of shares remaining		As of June 30, 2026	1,384,504 shares
		As of December 31, 2025	1,384,504 shares
Number of shares granted (*2)		As of June 30, 2026	1,384,504 shares
		As of December 31, 2025	1,384,504 shares
Subject to			Shares granted for the year 2025
Type of payment			Cash-settled
Vesting period			January 1, 2025 ~ December 31, 2028
Date of payment			2029-01-01
Fair value (*1)			25,345 Won
Valuation method			Black-Scholes Model
Expected dividend rate			6.70%
Expected maturity date			2.50 years
Number of shares remaining		As of June 30, 2026	1,048,842 shares
		As of December 31, 2025	1,048,842 shares
Number of shares granted (*2)		As of June 30, 2026	1,048,842 shares
		As of December 31, 2025	1,048,842 shares
Subject to			Shares granted for the year 2026
Type of payment			Cash-settled
Vesting period			January 1, 2026 ~ December 31, 2029
Date of payment			2030-01-01
Fair value (*1)			23,703 Won
Valuation method			Black-Scholes Model
Expected dividend rate			6.70%
Expected maturity date			3.50 years
Number of shares remaining		As of June 30, 2026	296,958 shares
		As of December 31, 2025	—
Number of shares granted (*2)		As of June 30, 2026	296,958 shares
		As of December 31, 2025	—
(*1)	As the amount of payment varies according to the base price (the arithmetic average of the weighted average<br>stock price of transactions in the past one week, the past one month, and the past two months) at the date of payment, the fair value is calculated to measure the liability according to the Black Scholes model based on the base price at the time of<br>each settlement and used for measuring the liability.
:---	:---
(*2)	The number of payable stocks is granted at the initial contract date. This is a system in which the number of<br>shares to be granted is determined based on the evaluation results of long-term performance indicators over a total of four years, including the current year, and the final cash compensation is made by reflecting the stock price at the time of<br>payment. Long-term performance indicators include relative shareholder return, common equity ratio, return on equity, net income, selling, general and administrative expenses ratio, non-performing loan ratio,<br>and performance of assigned duties.
:---	:---

135 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

The Group accounts for performance condition share-based payments according to the cash-settled method and the<br>fair value of the liabilities is reflected in the compensation costs by re-measuring every closing period. As of June 30, 2026 and December 31, 2025, the carrying amount of the liabilities related to<br>the performance condition share-based payments recognized by the Group amounts to 100,211 million Won and 107,713 million Won, respectively, including the carrying amount of liabilities related to key management of 40,820 million Won<br>and 43,823 million Won, respectively.

136 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

31.	NON-OPERATING INCOME (EXPENSES)
(1)	Details of gains or losses on valuation of investments in joint ventures and associates are as follows (Unit:<br>Korean Won in millions):
:---	:---
		Period ended June 30, 2026								Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---
		Three-month				Six-month				Three-month				Six-month
Gains on valuation of investments in joint ventures and associates			6,654				47,685				68,177				84,403
Losses on valuation of investments in joint ventures and associates			(7,295	)			(19,563	)			(6,524	)			(12,715	)

Total			(641	)			28,122				61,653				71,688

(2)	Details of other non-operating income and expenses recognized are as<br>follows (Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026								Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---
		Three-month				Six-month				Three-month				Six-month
Other non-operating incomes			51,922				91,494				29,337				52,516
Other non-operating expenses			(48,756	)			(77,054	)			(12,956	)			(50,838	)

Total			3,166				14,440				16,381				1,678

(3)	Details of other non-operating income recognized are as follows (Unit:<br>Korean Won in millions):
:---	:---
		Period ended June 30, 2026						Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Rental fee income			28,363			40,353			5,294			10,605
Gains on disposal of investments in joint ventures and associates			2,650			20,162			406			422
Gains on disposal of premises and equipment, intangible assets and other assets			3,994			5,472			15,790			16,165
Reversal of impairment losses of premises and equipment, intangible assets and other<br>assets			—			705			899			919
Others (*)			16,915			24,802			6,948			24,405

Total			51,922			91,494			29,337			52,516

(*)	‘Others’ for the six-month periods ended June 30, 2026<br>and 2025 include 11,122 million Won and 3 million Won, respectively, of other special gain related to other provisions.
:---	:---
(4)	Details of other non-operating expenses recognized are as follows<br>(Unit: Korean Won in millions):
:---	:---
		Period ended June 30, 2026							Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	:---:	---	---	---	---
		Three-month				Six-month			Three-month			Six-month
Depreciation on investment properties			2,639				5,508			1,369			2,766
Operating expenses on investment properties			344				686			309			630
Losses on disposal of investments in joint ventures and associates			31,405				31,434			50			241
Losses on disposal of premises and equipment, intangible assets and other assets			5,625				9,347			673			1,060
Impairment losses of premises and equipment, intangible assets and other assets			20				391			100			382
Loss on revaluation of premises and equipment			(3	)			6,835			—			—
Donation			3,295				9,683			3,640			19,631
Others (*)			5,431				13,170			6,815			26,128

Total			48,756				77,054			12,956			50,838

(*)	Other special losses related to other provisions for the six-month<br>periods ended June 30, 2026 and 2025 are 187 million Won and 988 million Won, respectively.
:---	:---

137 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

32.	INCOME TAX EXPENSE

Details of income tax expenses are as follows (Unit: Korean Won in millions):

	For the six-month periods ended June 30
	2026			2025
Current tax expense:
Current tax expense with respect to the current period		429,208			751,933
Adjustments recognized in the current period in relation to the tax expense of prior<br>periods		(85,849	)		9,526
Income tax expense (income) directly attributable to other equity		25,229			(25,910	)

Sub-total		368,588			735,549

Deferred tax expense
Change in deferred tax assets (liabilities) due to temporary differences		971,283			(289,427	)
Income tax expense (income) directly attributable to equity		(836,753	)		7,567
Others		(2,644	)		3,092

Sub-total		131,886			(278,768	)

Income tax expense		500,474			456,781

Income tax expense was recognized based on the best estimate of the weighted average annual effective tax rate expected for the interim period. The weighted average annual effective tax rate for the June 30, 2026, is 23.1% (The weighted average annual effective tax rate for the June 30, 2025, is 22.3%).

138 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

33.	EARNINGS PER SHARE (“EPS”)
(1)	Basic EPS is calculated by dividing net income attributable to common shareholders by weighted-average number<br>of common shares outstanding (Unit: Korean Won in millions, except for EPS and number of shares):
:---	:---
		Period ended June 30, 2026								Period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---
		Three-month				Six-month				Three-month				Six-month
Net income attributable to owners of the parent			1,004,578				1,608,896				935,328				1,552,019
Dividends on hybrid securities			(39,033	)			(78,067	)			(36,166	)			(75,672	)
Net income attributable to common shareholders			965,545				1,530,829				899,162				1,476,347
Weighted average number of common shares outstanding (Unit: million shares)			726				728				734				736
Basic EPS (Unit: Korean Won)			1,330				2,103				1,225				2,006
(2)	The weighted average number of common shares outstanding is as follows (Unit: number of shares, days):
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---
		Number of shares				Accumulated number of shares<br>outstanding during period
Common shares issued at the beginning of the period			734,076,320				132,867,813,920
Treasury shares			(3,082,276	)			(557,891,956	)
Acquisition and cancellation of treasury shares			(5,986,653	)			(501,672,562	)
Disposal of treasury shares			15				2,265

Sub-total (①)							131,808,251,667

Weighted average number of common shares outstanding (②=①/181)							728,222,385

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---
		Number of shares				Accumulated number of shares<br>outstanding during period
Common shares issued at the beginning of the period			742,591,501				134,409,061,681
Treasury shares			(3,082,276	)			(557,891,956	)
Acquisition and cancellation of treasury shares			(8,515,245	)			(548,504,531	)
Disposal of treasury shares			64				320

Sub-total (①)							133,302,665,514

Weighted average number of common shares outstanding (②=①/181)							736,478,815

Diluted EPS is equal to basic EPS because there is no dilution effect for the six-month periods ended June 30, 2026 and 2025.

139 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

34.	CONTINGENT LIABILITIES AND COMMITMENTS
(1)	Details of guarantees are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Confirmed guarantees
Guarantee for loans			75,168			69,961
Acceptances			581,195			495,942
Guarantees in acceptances of imported goods			64,195			66,879
Other confirmed guarantees			11,663,739			10,831,684

Sub-total			12,384,297			11,464,466

Unconfirmed guarantees
Local letters of credit			186,541			161,120
Letters of credit			3,159,046			2,615,813
Other unconfirmed guarantees			2,045,260			1,331,305

Sub-total			5,390,847			4,108,238

Commercial paper purchase commitments and others			458,213			497,394

Total (*)			18,233,357			16,070,098

(*)	Includes financial guarantees of 5,311,134 million won and 5,032,808 million won as of June 30,<br>2026 and December 31, 2025, respectively.
:---	:---
(2)	Details of loan commitments and others are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Loan commitments			137,828,799			134,286,067
Other commitments (*)			11,469,312			10,205,741
(*)	As of June 30, 2026 and December 31, 2025, the amount of unsecured bills (purchase bills sales) and<br>discounts on electronic short-term bond sales (purchase) are 5,717,357 million won and 4,399,729 million won, respectively.
:---	:---
(3)	Litigation case
:---	:---

Details of litigation cases as of the period ended June 30, 2026, and December 31, 2025 are as follows.

Litigation case that the key Group is a defendant in a lawsuit pending (excluding fraud lawsuits and those lawsuits that are filed only to extend the statute of limitation, etc.) are 1,074 cases (litigation value of 876,553 million Won) and 1,032 cases (litigation value of 926,888 million Won) as of June 30, 2026 and December 31, 2025 respectively, and provisions for litigations are 65,066 million Won and 70,682 million Won.

140 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Other commitments
1)	The obligations related to guaranteed completion with trust business as of June 30, 2026, are as follows<br>(Unit: Korean Won in millions):
:---	:---
				Cases			Initial PF<br>Commitment<br>Limit			Amount of<br>PF Loans<br>(*3)			Amount of<br>unused PF<br>limit (*4)			Amount<br>of Trust<br>Account<br>Limit (*4)			Amount of<br>Trust<br>Account
---	---	---	---	:---:	---	---	:---:	---	---	:---:	---	---	:---:	---	---	:---:	---	---	:---:	---
Responsible completion land trust (*1)		Our Responsibility for Completion Deadline Passed<br>(including completed projects)			3			200,000			37,233			53,513			5,700			5,645
Redevelopment Land Trust		Our Obligation to Bear Responsibility for Completion (*2)			3			98,499			54,210			97,066			32,500			15,205
Total					6			298,499			91,443			150,579			38,200			20,850
(*1)	Responsible completion land trust is a trust in which the Woori Asset Trust Co., Ltd., subsidiary, is only<br>liable to the lending financial institution for the completion guarantee obligation in case the contractor fails to fulfill the obligation. If the subsidiary is unable to fulfill the completion guarantee obligation, it is responsible for<br>compensating the lending financial institution for any losses incurred.
:---	:---
(*2)	In redevelopment projects where the Korea Housing & Urban Guarantee Corporation guarantees project<br>financing loans, the project agent is responsible for the completion guarantee obligation according to the standard project agreement terms of the Korea Housing & Urban Guarantee Corporation, but the completion guarantee period has not yet<br>expired as of June 30, 2026.
:---	:---
(*3)	Since, for projects where it is highly likely that our subsidiary Woori Asset Trust will bear the<br>responsibility for completion and where the possibility and amount of loss can be reliably estimated, these impacts have been reflected in the financial statements at the end of the current period. However, for projects where the risk of Woori Asset<br>Trust bearing the completion guarantee obligations is considered low or where the possibility and amount of loss cannot be reliably estimated, these impacts have not been reflected in the financial statements at the end of the current period.
:---	:---
(*4)	The limit may be subject to change during the project progress due to reasons such as limit deductions.
:---	:---
2)	As of June 30, 2026, Woori Asset Trust, a subsidiary, may lend a trust account for a part of the total<br>project cost in relation to 31 debt-type land trust contracts including Boutique Terrace Hotel in Woo-dong, Haeundae-gu, Busan. The maximum loan amount (unused limit) is<br>175,700 million Won. Whether or not Woori Asset Trust lends a trust account in relation to the relevant businesses is not an unconditional payment obligation, and it is determined by considering overall matters such as the unique account and<br>the fund balance plan of each trust business.
:---	:---
3)	Pursuant to some contracts related to asset securitization, the Group utilizes various prerequisites,<br>triggering events causing early redemption, limiting risks that investors bear due to change in asset quality. Breach of such triggering clause leads to an early redemption of the securitized bonds.
:---	:---
4)	As of June 30, 2026, Tongyang Life Insurance, a subsidiary, is under investigation by the Financial<br>Services Commission regarding potential violations of the Credit Information Use and Protection Act.
:---	:---
5)	The administrative fine paid to the Personal Information Protection Commission in October 2025 in connection<br>with the leakage of personal credit information of merchant representatives that occurred at the subsidiary, Woori Card, between January and April 2024 has been recognized in non-operating income and expenses.<br>In addition, further administrative fines may be imposed by the Financial Services Commission; however, the outcome cannot be predicted at this time.
:---	:---

141 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

35.	RELATED PARTY TRANSACTIONS

Related parties of the Group as of June 30, 2026 and December 31, 2025, and assets and liabilities recognized, guarantees and commitments, major transactions with related parties and compensation to key management for the six-month periods ended June 30, 2026 and 2025 are as follows. Please refer to Note 12 for the details of joint ventures and associates.

(1)	Assets and liabilities from transactions with related parties are as follows (Unit: Korean Won in millions):
Related parties				Account title		June 30,<br>2026			December 31,<br>2025
---	---	---	---	:---:	---	:---:	---	---	:---:	---	---
Associates		W Service Networks Co., Ltd.		Loans			20			30
				Deposits due to customers			3,034			3,009
				Accrued expenses			8			7
				Other liabilities			353			316
		Korea Credit Bureau Co., Ltd.		Loans			22			—
				Deposits due to customers			1,609			2,615
				Other liabilities			22			10
		Korea Finance Security Co., Ltd.		Loans			1,820			3,435
				Loss allowance			(12	)		(23	)
				Deposits due to customers			1,285			2,138
				Other liabilities			6			1
		LOTTE CARD Co. Ltd.		Loans			15,415			26,880
				Account receivables			52			35
				Loss allowance			(31	)		(295	)
				Derivative assets			116			564
				Other assets			208			256
				Deposits due to customers			37,248			22,869
				Accrued expenses			36			39
				Derivative liabilities			1,186			807
				Other liabilities			288			289
		K BANK Co., Ltd. (*1)		Loans			—			17
				Account receivables			—			9
				Cash and cash equivalents			—			192
				Other assets			—			43
				Other liabilities			—			158,668
		Others (*2)		Loans			42,713			42,903
				Loss allowance			(139	)		(139	)
				Other assets			61,457			9,116
				Deposits due to customers			1,319			2,259
				Other liabilities			6			541
(*1)	It has been excluded from related parties as of June 30, 2026.
:---	:---
(*2)	Others include IGEN2022No. 1 Private Equity Fund and etc., as of June 30, 2026 and December 31, 2025.
:---	:---

142 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Gain or loss from transactions with related parties are as follows (Unit: Korean Won in millions):
						For the six-month periods ended<br>June 30
---	---	---	---	---	---	:---:	---	---	---	---	---
Related parties				Account title		2026			2025
Associates		W Service Network Co., Ltd.		Other income			18			18
				Interest expenses			34			17
				Fees expenses			83			191
				Other expenses			516			521
		Korea Credit Bureau Co., Ltd.		Interest expenses			12			—
				Fees expenses			2,664			2,564
				Other expenses			24			41
		Korea Finance Security Co., Ltd.		Interest income			71			73
				Interest expenses			2			1
				Provision(Reversal) of allowance for credit loss			(5	)		(23	)
				Other expenses			13			13
		LOTTE CARD Co., Ltd.		Interest income			1,385			732
				Fees income			2,015			1,940
				Gain on derivatives			250			1,150
				Loss on derivatives			827			580
				Interest expenses			545			1,227
				Fees expenses			1,278			—
				Provision(Reversal) of allowance for credit loss			(264	)		(273	)
		K BANK Co., Ltd.		Fees income			—			113
				Other expenses			2			—
		Others (*)		Interest income			940			124
				Fees income			55,693			8,591
				Dividend income			—			1,201
				Other income			5,536			3,076
				Interest expenses			4,092			7,391
				Other expenses			839			1,205
				Provision(Reversal) of allowance for credit loss			—			(272	)
(*)	Others include Win Mortgage Co., Ltd. and etc., for the six-month<br>periods ended June 30, 2026 and 2025.
:---	:---

143 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Major loan transactions with related parties for the six-month periods<br>ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):
				For the six-month period ended June 30, 2026
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
Related parties				Beginning<br>balance			Loan			Collection			Others			Ending<br>balance (*1)
Associates		W Service Network Co., Ltd.			30			132			142			—			20
		Korea Credit Bureau Co., Ltd.			—			138			116			—			22
		Korea Finance Security Co., Ltd.			3,435			188			1,803			—			1,820
		LOTTE CARD Co., Ltd.			26,880			—			12,531			1,066			15,415
		K BANK Co., Ltd. (*2)			17			—			—			(17	)		—
		Win Mortgage Co.,Ltd.			18			103			108			—			13
		Woori Real Estate Investment No. 1 Limited Liability Company			42,885			—			185			—			42,700
(*1)	Payments that occurred for business reasons among related parties are excluded and net increase or decrease was<br>used for limited credit loan.
:---	:---
(*2)	It has been excluded from related parties as of June 30, 2026.
:---	:---
				For the six-month period ended June 30, 2025
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
Related parties				Beginning<br>balance			Loan			Collection			Others			Ending<br>balance (*)
Associates		W Service Network Co., Ltd.			51			207			235			—			23
		Korea Credit Bureau Co., Ltd.			1			1			2			—			—
		Korea Finance Security Co., Ltd.			3,225			1,539			1,434			—			3,330
		LOTTE CARD Co., Ltd.			27,913			—			13,213			(1,136	)		13,564
		K BANK Co., Ltd.			18			140			136			—			22
		Win Mortgage Co.,Ltd.			8			109			103			—			14
		ARAM CMC CO.LTD			41			—			—			—			41
		Godo Kaisha Oceanos 1			38,770			—			16,346			(22,424	)		—
(*)	Payments that occurred for business reasons among related parties are excluded and net increase or decrease was<br>used for limited credit loan.
:---	:---

144 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Details of changes in major deposits due to customers with related parties for the six-month periods ended June 30, 2026 and 2025 are as follows (Unit: Korean Won in millions):
				For the six-month period ended June 30, 2026
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---
Related parties				Beginning<br>balance			Increase			Decrease			Ending<br>balance (*)
Associates		W Service Networks Co., Ltd			1,000			1,860			—			2,860
		Win Mortgage Co.,Ltd.		1,352			1,652			1,934			1,070
		Korea Credit Bureau Co., Ltd.			1,000			—			—			1,000
(*)	Details of payment between related parties, demand deposit due to customers and etc. are excluded.
:---	:---
				For the six-month period ended June 30, 2025
---	---	---	---	:---:	---	---	---	---	---	---	---	---	---	---
Related parties				Beginning<br>balance			Increase			Decrease			Ending<br>balance (*)
Associates		W Service Networks Co., Ltd			1,000			—			—			1,000
		Win Mortgage Co.,Ltd.		1,387			1,611			1,523			1,475
(*)	Details of payment between related parties, demand deposit due to customers and etc. are excluded.
:---	:---
(5)	There are no major borrowing transactions with related parties for the<br>six-month periods ended June 30, 2026 and 2025.
:---	:---
(6)	Guarantees provided to the related parties are as follows (Unit: Korean Won in millions):
:---	:---
Warrantee		June 30, 2026			December 31, 2025			Warranty
---	---	:---:	---	---	:---:	---	---	:---:	---	---
Korea Finance Security Co., Ltd.			2,040			425			Unused loan commitment
Korea Credit Bureau Co., Ltd.			978			35			Unused loan commitment
W Service Network Co., Ltd.			160			150			Unused loan commitment
K BANK Co., Ltd.			—			283			Unused loan commitment
LOTTE CARD Co. Ltd.			478,300			478,300			Unused loan commitment
			1,773			1,650			Confirmed Foreign<br>Currency Payment<br>Guarantee
Win Mortgage Co.,Ltd.			37			32			Unused loan commitment

As of June 30, 2026 and December 31, 2025, the recognized payment guarantee provisions are 294 million Won and 289 million Won, respectively, in relation to the guarantees provided to the related parties above.

145 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(7)	Amount of commitments with the related parties are as follows (Unit: Korean Won in millions):
Warrantee		June 30, 2026			December 31, 2025			Warranty
---	---	:---:	---	---	:---:	---	---	:---:
NH Woori Newdeal Growth Alpha Private Equity Fund 1			819			819		Securities purchase<br>commitment
Samsung Together Korea IPPF private securities investment trust 3 [Equity-FoFs]			990,000			990,000		Securities purchase<br>commitment
BTS 2nd Private Equity Fund			176			1,234		Securities purchase<br>commitment
STASSETS FUND III			—			1,500		Securities purchase<br>commitment
Synaptic Future Growth Private Equity Fund 1			1,549			1,624		Securities purchase<br>commitment
IBK KIP Seongjang Dideemdol 1st Private Investment Limited Partnership			4,664			4,664		Securities purchase<br>commitment
Woori Seoul Beltway Private Special Asset Fund No.1			25,030			27,103		Securities purchase<br>commitment
Woori Oncorp Corporate support of Major Industry General Type Private Investment<br>Trust 2			60			255		Securities purchase<br>commitment
Woori Asset Global Partnership Fund No.5			63,750			75,000		Securities purchase<br>commitment
JC Assurance No.2 Private Equity Fund			491			492		Securities purchase<br>commitment
Crevisse Raim Impact 1st Startup Venture Specialist Private Equity Fund			—			50		Securities purchase<br>commitment
Woori Real Estate Investment No. 1 Limited Liability Company			7,100			7,100		Securities purchase<br>commitment
Woori Future Energy Private Special Asset Investment Trust(General) No.1			19,312			33,600		Securities purchase<br>commitment
LOTTE CARD Co., Ltd.			440,000			440,000		Derivative<br><br>commitment
Woori IMM Green Net Zero Fund			21,099			21,099		Securities purchase<br>commitment
Woori NH Co-Growth Private Equity Fund I			69,720			9,296		Securities purchase<br>commitment
Woori PGIF4 General Type Private Special Asset Investment Trust No.1			6,486			3,102		Securities purchase<br>commitment
Woori GS West Street Strategic Solutions General Type Private Special Asset Investment Trust<br>No.1			16,995			15,820		Securities purchase<br>commitment
Woori Global Secondary Private Placement Investment Trust No. 2			3,030			2,948		Securities purchase<br>commitment
Woori Productive Financing Education Infrastructure General Private Special Asset Investment Trust<br>No.1			17,615			20,000		Securities purchase<br>commitment
Woori Venture-EverBest Corporate Turnaround Private Equity Fund			9,600			—		Securities purchase<br>commitment
Woori Secondary Fund 1			3,952			—		Securities purchase<br>commitment

146 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(8)	Major investment and Recovery transactions

There are no major investment and recovery transactions with related parties for the six-month periods ended 2026 and 2025. Investment and recovery transactions of associates that are not treated as financial assets at fair value through profit or loss are described in Note 12.(2)

(9)	Compensation for key management is as follows (Unit: Korean Won in millions):
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---
		2026			2025
Short-term employee salaries			13,314			12,428
Retirement benefit service costs			660			523
Share-based compensation			5,402			8,117

Total			19,376			21,068

Key management includes executives and directors of Woori Financial Group and major subsidiaries, and also includes CEO of other subsidiaries. Outstanding assets from transactions with key management amount to 2,627 million won and 3,203 million won, as of June 30, 2026 and December 31, 2025 respectively and with respect to the assets, the Group has not recognized any allowance nor related impairment loss due to credit losses. Also, liabilities from transaction with key management amount to 15,691 million won and 11,562 million won, respectively, as of June 30, 2026 and December 31, 2025.

147 -

WOORI FINANCIAL GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

36.	EVENTS AFTER THE REPORTING PERIOD
(1)	On July 24, 2026, the Board of Directors has declared to pay a quarterly dividend of 220 Won per share<br>(total dividend of 159,937 million Won), with the record date set as of August 10, 2026, and the dividends will be paid on August 31, 2026.
:---	:---
(2)	On April 29, 2026, the Group entered into a share exchange agreement with its subsidiary, Tongyang Life<br>Insurance Co., Ltd., pursuant to which 0.2521056 shares of the Group’s common stock will be delivered on August 11, 2026 to the shareholders of Tongyang Life Insurance Co., Ltd., other than the Group, for each one share of common stock of<br>Tongyang Life Insurance Co., Ltd.
:---	:---

On July 24, 2026, the comprehensive share exchange was approved by the Group’s Board of Directors in lieu of a shareholders’ meeting and by the shareholders’ meeting of Tongyang Life Insurance Co., Ltd. The new shares of the Group to be issued in connection with this transaction are scheduled to be listed on August 31, 2026.

(3)	On July 24, 2026, the Group’s Board of Directors resolved to acquire and retire treasury shares.<br>Accordingly, the Group plans to acquire treasury shares in the amount of 150 billion Won through a trust agreement during the period from July 24, 2026 to January 22, 2027, and subsequently retire all shares acquired pursuant to this<br>transaction.

148 -

EX-99.2

Exhibit 99.2

WOORI FINANCIAL GROUP INC.

CONDENSED SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF AND FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED June 30, 2026 and 2025

WOORI FINANCIAL GROUP INC.

		Page(s)
Independent Auditors’ Review Report			1-2
Separate Interim Financial Statements
Separate Interim Statements of Financial Position			4
Separate Interim Statements of Comprehensive Income			5
Separate Interim Statements of Changes in Equity			6
Separate Interim Statements of Cash Flows			7
Notes to the Separate Interim Financial<br>Statements			8-41

Independent Auditor’s Review Report

Based on a report originally issued in Korean

To the Board of Directors and Shareholders of Woori Financial Group Inc.

Reviewed Financial Statements

We have reviewed the accompanying condensed separate interim financial statements of Woori Financial Group Inc. (the “Company”), which comprise the condensed separate interim statement of financial position as of June 30, 2026, the condensed separate interim statements of comprehensive income for three-month and six-month periods ended June 30, 2026, and 2025, the condensed separate interim statement of changes in equity and cash flows for the six-month periods ended June 30, 2026, and 2025 and notes, comprising of material accounting policy information and other explanatory information.

Management’s Responsibility

Management is responsible for the preparation and fair presentation of these condensed separate interim financial statements in accordance with Korean International Financial Reporting Standards (“K-IFRS”) No.1034 Interim Financial Reporting, and for such internal control as management determines is necessary to enable the preparation of the condensed separate interim financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Review Responsibility

Our responsibility is to issue a report on these condensed separate interim financial statements based on our reviews.

We conducted our reviews in accordance with the Review Standards for Quarterly and Semiannual Financial Statements established by the Securities and Futures Commission of the Republic of Korea. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Korean Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe the accompanying condensed separate interim financial statements referred to above do not present fairly, in all material respects, in accordance with K-IFRS No.1034 Interim Financial Reporting.

Other Matters

The procedures and practices utilized in the Republic of Korea to review such condensed separate interim financial statements may differ from those generally accepted and applied in other countries.

The separate statement of financial position of the Company as of December 31, 2025, and the related separate statements of comprehensive income, changes in equity and cash flows for the year then ended, which are not accompanying this report, were audited by us in accordance with Korean Standards on Auditing and their report thereon, dated March 4, 2026, expressed an unqualified opinion. The accompanying separate statement of financial position of the Company as of December 31, 2025, presented for comparative purposes, is not different from that audited by us from which it was derived in all material respects.

/s/ KPMG Samjong Accounting Corp.

Seoul, Korea

August 14, 2026

This report is effective as of August 14, 2026, the review report date. Certain subsequent events or circumstances, which may occur between the review report date and the time of reading this report, could have a material impact on the accompanying condensed separate interim financial statements and notes thereto. Accordingly, the readers of the review report should understand that the above review report has not been updated to reflect the impact of such subsequent events or circumstances, if any.

WOORI FINANCIAL GROUP INC.

SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF AND FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED June 30, 2026 and 2025

The accompanying condensed separate interim financial statements including all footnote disclosures were prepared by, and are the responsibility of, the management of Woori Financial Group Inc.

Jong Yong Yim

President and Chief Executive Officer

Main Office Address: (Address) 51, Sogong-ro, Jung-gu, Seoul

(Phone Number) 02-2125-2000

WOORI FINANCIAL GROUP INC.

SEPARATE INTERIM STATEMENTS OF FINANCIAL POSITION

AS OF JUNE 30, 2026 (UNAUDITED) AND DECEMBER 31, 2025

	June 30,<br>2026
	(Korean Won in millions)
ASSETS
Cash and cash equivalents (Notes 5 and 26)		311,083		489,321
Financial assets at fair value through other comprehensive income (“FVTOCI”) (Notes 6<br>and 8)		549,882		558,162
Loans and other financial assets at amortized cost (Notes 4, 7, 8 and 26)		285,359		707,142
Investments in subsidiaries (Notes 9 and 26)		26,599,124		25,597,495
Premises and equipment		3,169		4,763
Intangible assets		4,386		2,961
Net defined benefit asset (Note 13)		268		2,108
Current tax assets		118,616		26,295
Deferred tax assets		7,140		5,810
Other assets (Note 10)		245		315

Total assets		27,879,272		27,394,372

LIABILITIES
Debentures (Notes 4, 8 and 11)		3,536,620		2,667,525
Provisions (Note 12)		1,571		1,897
Current tax liabilities		199,152		673,217
Other financial liabilities (Notes 4, 8, 14 and 26)		236,422		95,822
Other liabilities (Note 14)		405		5,967

Total liabilities		3,974,170		3,444,428

EQUITY (Note 15)
Capital stock		3,802,676		3,802,676
Hybrid securities		3,510,805		3,710,228
Capital surplus		8,120,236		8,120,236
Other equity		(1,958	)	2,607
Retained earnings		8,473,343		8,314,197

Total equity		23,905,102		23,949,944

Total liabilities and equity		27,879,272		27,394,372

The accompanying notes are part of these condensed separate interim financial statements.

WOORI FINANCIAL GROUP INC.

SEPARATE INTERIM STATEMENTS OF COMPREHENSIVE INCOME

FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025 (UNAUDITED)

	Periods ended June 30, 2026						Periods ended June 30, 2025
	Three-month			Six-month			Three-month			Six-month
	(Korean Won in millions, except for earnings per share data)
Interest income		2,684			5,674			13,018			21,628
Interest expense		(23,460	)		(42,341	)		(18,209	)		(35,022	)

Net interest loss (Notes 17 and 26)		(20,776	)		(36,667	)		(5,191	)		(13,394	)
Fees and commissions income		444			887			417			876
Fees and commissions expense		(7,123	)		(14,583	)		(8,402	)		(13,642	)

Net fees and commissions loss (Notes 18 and 26)		(6,679	)		(13,696	)		(7,985	)		(12,766	)
Dividend income (Notes 19 and 26)		6,545			1,249,918			6,193			1,435,418
Reversal (Provision) of impairment losses due to credit loss (Notes 20 and 26)		655			—			289			(115	)
General and administrative expenses (Notes 21 and 26)		(17,234	)		(41,093	)		(21,727	)		(40,148	)

Operating income (expense)		(37,489	)		1,158,462			(28,421	)		1,368,995
Non-operating income (expense) (Note<br>22)		(43	)		(43	)		19			13
Net income (expense) before income tax expense		(37,532	)		1,158,419			(28,402	)		1,369,008
Income tax income (expense) (Note 23)		(18	)		(1,026	)		1,133			(212	)
Net income (loss)		(37,550	)		1,157,393			(27,269	)		1,368,796

Net gain (loss) on valuation of equity securities at FVTOCI (Note 15)		(1,433	)		(6,002	)		4,302			6,988
Remeasurement gain (loss) related to defined benefit plan (Notes 13 and 15)		341			(208	)		(141	)		(1,101	)

Items that will not be reclassified to profit or loss:		(1,092	)		(6,210	)		4,161			5,887

Other comprehensive income (loss), net of tax		(1,092	)		(6,210	)		4,161			5,887
Total comprehensive income (loss)		(38,642	)		1,151,183			(23,108	)		1,374,683

Earnings (Loss) per share (Notes 15 and 24)
Basic and diluted earnings (loss) per share (Unit: In Korean Won)		(105	)		1,476			(86	)		1,749

The accompanying notes are part of these condensed separate interim financial statements.

WOORI FINANCIAL GROUP INC.

SEPARATE INTERIM STATEMENTS OF CHANGES IN EQUITY

FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025 (UNAUDITED)

	Capital<br>stock
	(Korean Won in millions)
January 01, 2025		3,802,676	11,120,236		3,810,225		(1,189	)	5,420,783		24,152,731
Total comprehensive income
Net income		—	—		—		—		1,368,796		1,368,796
Net gain on valuation of equity securities at FVTOCI		—	—		—		6,988		—		6,988
Remeasurement loss related to defined benefit plan		—	—		—		(1,101	)	—		(1,101	)
Transactions with owners
Dividends to common stocks		—	—		—		—		(637,502	)	(637,502	)
Issuance of hybrid securities		—	—		398,789		—		—		398,789
Dividends to hybrid securities		—	—		—		—		(75,672	)	(75,672	)
Redemption of hybrid securities		—	—		(698,277	)	(1,723	)	—		(700,000	)
Transfer of redemption loss of hybrid securities to retained earnings		—	—		—		2,456		(2,456	)	—
Acquisition of treasury stocks		—	—		—		(150,000	)	—		(150,000	)
Transfer to retained earnings		—	(3,000,000	)	—		—		3,000,000		—

June 30, 2025 (Unaudited)		3,802,676	8,120,236		3,510,737		(144,569	)	9,073,949		24,363,029

January 01, 2026		3,802,676	8,120,236		3,710,228		2,607		8,314,197		23,949,944
Total comprehensive income
Net income		—	—		—		—		1,157,393		1,157,393
Net loss on valuation of equity securities at FVTOCI		—	—		—		(6,002	)	—		(6,002	)
Remeasurement loss related to defined benefit plan		—	—		—		(208	)	—		(208	)
Transactions with owners
Dividends to common stocks		—	—		—		—		(717,958	)	(717,958	)
Dividends to hybrid securities		—	—		—		—		(78,067	)	(78,067	)
Redemption of hybrid securities		—	—		(199,423	)	(577	)	—		(200,000	)
Transfer of redemption loss of hybrid securities to retained earnings		—	—		—		2,222		(2,222	)	—
Acquisition of treasury stocks		—	—		—		(200,000	)	—		(200,000	)
Retirement of treasury stocks		—	—		—		200,000		(200,000	)	—

June 30, 2026 (Unaudited)		3,802,676	8,120,236		3,510,805		(1,958	)	8,473,343		23,905,102

The accompanying notes are part of these condensed separate interim financial statements.

WOORI FINANCIAL GROUP INC.

SEPARATE INTERIM STATEMENTS OF CASH FLOWS

FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the six-month periods<br>ended June 30
	2026			2025
	(Korean Won in millions)
Cash flows from operating activities:
Net income		1,157,393			1,368,796
Adjustments to net income:
Income tax expense		1,026			212
Interest income		(5,674	)		(21,628	)
Interest expense		42,341			35,022
Dividend income		(1,249,918	)		(1,435,418	)

		(1,212,225	)		(1,421,812	)

Adjustments for profit/loss items not involving cash flows:
Provision of impairment losses due to credit loss		—			115
Retirement benefit		2,569			2,770
Depreciation and amortization		2,158			2,860
Gain on disposal of premises and equipment, intangible assets<br><br>and other assets		—			(4	)

		4,727			5,741

Changes in operating assets and liabilities:
Loans and other financial assets at amortized cost		(52,673	)		(14,905	)
Other assets		70			47
Net defined benefit liability		(1,015	)		(1,921	)
Other financial liabilities		47,867			12,689
Other liabilities		(5,562	)		(46	)

		(11,313	)		(4,136	)

Interest income received		6,036			21,660
Interest expense paid		(37,371	)		(32,792	)
Dividends received		1,249,947			1,435,668
Income tax paid		(2,008	)		(1,967	)

Net cash provided by operating activities		1,155,186			1,371,158

Cash flows from investing activities:
Net increase on other investment assets		—			(200,140	)
Acquisition of investments in subsidiaries		(1,001,629	)		—
Acquisition of financial assets at FVTOCI		—			(150,000	)
Disposal of financial assets at FVTOCI		—			150,000
Acquisition of premises and equipment		(448	)		(63	)
Acquisition of intangible assets		(1,763	)		(410	)

Net cash used in investing activities		(1,003,840	)		(200,613	)

Cash flows from financing activities:
Issuance of debentures		1,108,083			598,958
Redemption of debentures		(240,000	)		(100,000	)
Issuance of hybrid securities		—			398,789
Redemption of hybrid securities		(200,000	)		(700,000	)
Acquisition of treasury stocks		(200,000	)		(149,860	)
Redemption of lease liabilities		(1,642	)		(1,593	)
Dividends paid to hybrid securities		(78,067	)		(75,672	)
Dividends paid		(717,958	)		(637,502	)

Net cash used in financing activities		(329,584	)		(666,880	)

Net increase (decrease) in cash and cash equivalents		(178,238	)		503,665
Cash and cash equivalents, beginning of the period		489,321			1,185,912

Cash and cash equivalents, end of the period (Note 5)		311,083			1,689,577

The accompanying notes are part of these condensed separate interim financial statements.

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

1.	GENERAL
(1)	Summary of the parent company
:---	:---

Woori Financial Group, Inc. (hereinafter referred to the “Company”) is primarily aimed at controlling subsidiaries that operate in the financial industry or those that are closely related to the financial industry through the ownership of shares and was established on January 11, 2019 under the Financial Holding Company Act through the comprehensive transfer with shareholders of Woori Bank, Woori FIS Co., Ltd., Woori Finance Research Institute Co., Ltd., Woori Credit Information Co., Ltd., Woori Fund Service Co., Ltd. and Woori Private Equity Asset Management Co. Ltd. The headquarters of the Company is located at 51, Sogong-ro, Jung-gu, Seoul, Korea, and the capital is 3,802,676 million Won. The Company’s stocks were listed on the Korea Exchange on February 13, 2019, and its American Depository Shares (“ADS”) are also being traded as the underlying common stock on the New York Stock Exchange since the same date.

The details of stock transfer from the Company and subsidiaries as of incorporation are as follows (Unit: Number of shares):

Stock transfer company
Woori Bank	676,000,000	1	676,000,000
Woori FIS Co., Ltd.	4,900,000	0.2999708	1,469,857
Woori Finance Research Institute Co., Ltd.	600,000	0.1888165	113,289
Woori Credit Information Co., Ltd.	1,008,000	1.1037292	1,112,559
Woori Fund Service Co., Ltd.	2,000,000	0.4709031	941,806
Woori Private Equity Asset Management Co., Ltd.	6,000,000	0.0877992	526,795

As of August 1, 2019, the Company acquired a 73% interest in Tongyang Asset Management Co., Ltd. and changed the name to Woori Asset Management Corp. Also, as of August 1, 2019, the Company gained 100% control of ABL Global Asset Management Co., Ltd., added it as a consolidated subsidiary and changed the name to Woori Global Asset Management Co., Ltd. on December 6, 2019.

The Company paid 598,391 million Won in cash and 42,103,377 new shares of the Company to acquire 100% interest of Woori Card Co., Ltd. from its subsidiary Woori Bank on September 10, 2019. On the same date, the Company also acquired 59.8% interest of Woori Investment Bank Co., Ltd. from Woori Bank with 392,795 million Won in cash.

As of December 30, 2019, the Company acquired 67.2% interests (excluding treasury stock, 51.0% when including treasury stock) in Woori Asset Trust Co. (formerly Kukje Asset Trust Co.) In addition, as of March 31, 2023, the Company acquired an additional 28.1% interests in Woori Asset Trust Co. (excluding treasury stock, 21.3% when including treasury stock).

As of December 10, 2020, the Company acquired 76.8% interests (excluding treasury stock, 74.0% when including treasury stock) in Woori Financial Capital Co., Ltd. (formerly Aju Capital Co., Ltd.). In addition, as of April 15, 2021, the Company acquired an additional 13.3% interests in Woori Financial Capital Co., Ltd. (excluding treasury stock, 12.9% in the case of including treasury stock), and as of May 24, 2021, the Company additionally acquired treasury stock(3.6%) which Woori Financial Capital possessed.

As of March 12, 2021, the Company paid 113,238 million Won in cash to acquire 100% interests on Woori Savings Bank from Woori Financial Capital Co., Ltd., our subsidiary.

As of August 10, 2021, the Company paid 5,792,866 new shares of the Company to the shareholders of Woori Financial Capital Co., Ltd. (excluding the Company) through comprehensive stock exchange and acquired residual interest (9.5%) of Woori Financial Capital Co., Ltd., to make it a wholly owned subsidiary.

As of January 7, 2022, Woori Financial F&I Co., Ltd., an investment company for non-performing loans and restructuring companies, was established (100% stock, 200 billion Won in stock payments) and incorporated as a subsidiary.

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

As of March 23, 2023, the Company acquired 53.9% interests in Woori Venture Partners Co., Ltd. (formerly Daol Investment Co., Ltd.) (excluding treasury stock, 52.0% in the case of including treasury stock). In addition, as of May 30, 2023, the Company additionally acquired treasury stock held by Woori Venture Partners Co., Ltd. (3.5%).

As of August 8, 2023, the Company paid 22,541,465 new shares of the Company to the shareholders of Woori Investment Bank Co., Ltd. (excluding the Company) through comprehensive stock exchange and acquired residual interest (41.3%) of Woori Investment Bank Co., Ltd., to make it a wholly owned subsidiary. In addition, on the same day, the Company paid 9,933,246 new shares of the Company to the shareholders of Woori Venture Partners Co., Ltd. (excluding the Company) through comprehensive stock exchange and acquired residual interest (44.5%) of Woori Venture Partners Co., Ltd., to make it a wholly owned subsidiary.

As of January 29, 2024, the Company owned interest (77.5%) of Woori Asset Management Corp, as a result of merger with Woori Asset Management Corp (surviving company) and Woori Global Asset Management Co., Ltd. (dissolution company), which was liquidated. As of March 29, 2024, the Company acquired residual interest(22.5%) of Woori Asset Management Corp, to make it a wholly owned subsidiary.

On March 25, 2024, the Company participated in the capital increase and acquired the 1,062,045 shares (96.7% after acquiring shares, 79.4% including treasury shares) of Woori Asset Trust Co., Ltd.. Additionally, on March 29, 2024, Woori Asset Trust Co., Ltd. conducted a complete retirement of its 738,000 treasury shares. In addition, as of April 8, 2024, the Company additionally acquired minority interests (2.0%) of Woori Asset Trust Co., Ltd.. Afterward, the Company additionally acquired minority interests (0.9%) of Woori Asset Trust Co., Ltd. as of November 19, 2024.

On August 1, 2024, The Company owned 97.1% interest in merged securities firm as a result of merger between Korea Foss Securities (the surviving company) and Woori Investment Bank Co., Ltd. (dissolution company), and acquired an additional 2.3% out of the remaining interest. The merged securities company also changed its name to Woori Investment Securities Co., Ltd.

As of July 1, 2025, the Company acquired a 77.9% equity interest in Tongyang Life Insurance Co., Ltd. (75.3% including treasury shares) and a 100% equity interest in ABL Life Insurance Co., Ltd., and accordingly included them as subsidiaries.

As of July 31, 2025, the Company acquired the remaining equity interest (0.4%) in Woori Asset Trust Co., Ltd., thereby making Woori Asset Trust Co., Ltd. a wholly owned subsidiary.

As of November 28, 2025, the Company additionally acquired minority interests (0.2%) in Woori Investment Securities Co., Ltd. Thereafter, as of December 19, 2025, the Company additionally acquired treasury shares (0.1%) and minority interests (0.2%) held by Woori Investment Securities Co., Ltd.

As of January 5, 2026 and March 13, 2026, the Company acquired the remaining equity interest (0.1%) in Woori Investment Securities Co., Ltd., thereby making Woori Investment Securities Co., Ltd. a wholly owned subsidiary.

2.	BASIS OF PREPARATION AND MATERIAL ACCOUNTING POLICIES

The Company’s financial statements are condensed interim financial statements prepared in accordance with Korean IFRS 1034, Interim Financial Reporting for some of periods in which the annual separate financial statements belong. They are also separate financial statements prepared in accordance with Korean IFRS 1027 Separate Financial Statements. It is necessary to use the Company’s annual separate financial statements for the year ended December 31, 2025 for understanding of the accompanying condensed interim financial statements.

Except for the impacts on the newly adopted standards and interpretations explained below, the accounting policies applied in preparing the accompanying separate interim financial statements have been applied consistently with the annual separate financial statements as of and for the year ended December 31, 2025. The accompanying condensed interim financial statements contain less information compared to the information required in the annual financial statements. Selective footnotes include explanations of transactions or events that are significant for understanding the changes in the financial position and performance of the Company since the end of the previous annual reporting period.

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(1)	From the accounting period beginning on January 1, 2026, the Company has newly applied the following<br>standards and interpretations.
1)	Amendments to K-IFRS 1109 ‘Financial Instruments’, K-IFRS 1107 ‘Financial Instruments: Disclosures’
:---	:---

K-IFRS 1109 ‘Financial Instruments’ and K-IFRS 1107 ‘Financial Instruments: Disclosures’ have been amended to respond to recent questions arising in practice, and to include new requirements. The principal amendments are as follows, and the amendments do not have a significant impact on the financial statements.

•	clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception<br>for some financial liabilities settled through an electronic cash transfer system;
•	clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal<br>and interest (SPPI) criterion;
:---	:---
•	add new disclosures of impact on the entity and the extent to which the entity is exposed for each type of<br>financial instruments if the timing or amount of contractual cash flow changes due to amendment of contract term; and
:---	:---
•	update the disclosures for equity instruments designated at fair value through other comprehensive income (FVOCI)
:---	:---
2)	Annual Improvements to K-IFRS
:---	:---

Annual Improvements to K-IFRS should be applied for annual periods beginning on or after January 1, 2026. The amendments do not have a significant impact on the financial statements.

•	K-IFRS 1101 ‘First-time Adoption of International Financial<br>Reporting Standards’: Hedge accounting by a first-time adopter
•	K-IFRS 1107 ‘Financial Instruments: Disclosures’: Gain<br>or loss on derecognition, and implementation guidance
:---	:---
•	K-IFRS 1109 ‘Financial Instruments’: Derecognition of<br>lease liabilities and definition of transaction price
:---	:---
•	K-IFRS 1110 ‘Consolidated Financial Statements’:<br>Determination of a ‘de facto agent’
:---	:---
•	K-IFRS 1007 ‘Statement of Cash Flows’: Cost method
:---	:---
3)	Amendments to K-IFRS 1109 ‘Financial Instruments’<br>and K-IFRS 1107 ‘Financial Instruments: Disclosures—Contracts Referencing Nature-dependent Electricity’
:---	:---

(2)	The details of K-IFRSs that have been issued and published since<br>January 1, 2026 but have not yet reached the effective date are as follows:
1)	Issuance of K-IFRS No. 1118, Presentation and Disclosure in Financial Statements
:---	:---

K-IFRS No. 1118, ‘Presentation and Disclosure in Financial Statements,’ replaces K-IFRS No. 1001, ‘Presentation of Financial Statements’. The new standard introduces revised presentation requirements that are expected to enhance the comparability of financial performance among similar entities, particularly with respect to the definition of operating profit or loss.

10 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

If the Company prepares its financial statements in accordance with K-IFRS No. 1118, certain significant differences from the current financial statements are expected to arise. The key accounting policies that are expected to result in such differences are described below. These matters do not represent all differences that may arise in the future and are subject to change based on further analysis.

•	Changes in the Presentation of Statement of Profit or Loss

To classify income and expenses into categories, the Company is required to assess its main business activities. If the Company’s main business activities include investing in certain types of assets or providing financing to customers, income and expenses that would otherwise have been classified as investing or financing activities are classified as operating activities when such activities constitute the Company’s main business activities.

In addition, K-IFRS No. 1118 requires the presentation in the statement of profit or loss of:

•	“Operating profit or loss,” comprising all income and expenses classified within the operating<br>category;
•	“Profit or loss before financing and income tax,” comprising operating profit or loss and all income<br>and expenses classified within the investing category; and
:---	:---
•	“Profit or loss for the period.”
:---	:---

However, when the Company’s main business activity is providing financing to customers, the presentation of “profit or loss before financing and income tax” may not be applicable, depending on the accounting policy elected.

•	Introduction of Disclosures of Management-Defined Performance Measures

When management-defined performance measures are presented, the entity is required to disclose the reasons for using such measures, the basis of their calculation, a reconciliation to the most directly comparable subtotal specified in K-IFRS No. 1118, and the income tax effects of each reconciling item.

•	Changes in the Classification of Cash Flows

As a result of the issuance of K-IFRS No. 1118, certain amendments have been made to K-IFRS No. 1007, Statement of Cash Flows. Under these amendments, the starting point for determining cash flows from operating activities using the indirect method has been changed from profit or loss for the period to operating profit or loss. In addition, the accounting policy option regarding the classification of interest and dividend-related cash flows has been eliminated.

11 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

K-IFRS No. 1118 is effective for annual reporting periods beginning on or after January 1, 2027, with early application permitted. In accordance with K-IFRS No. 1008, Accounting Policies, Changes in Accounting Estimates and Errors, the standard is required to be applied retrospectively. Accordingly, comparative information for the financial year ended December 31, 2026 will be restated in accordance with K-IFRS No. 1118. Amendments to K-IFRS No. 1007 and K-IFRS No. 1033 arising from the issuance of K-IFRS No. 1118, as well as the amended K-IFRSs No. 1008 and No. 1107, will be effective at the time K-IFRS No. 1118 is applied.

•	Assessment of Significant Impacts

K-IFRS No. 1118 has not been applied by the Company, as its mandatory effective date has not yet been reached. The Company will present its first interim financial statements in accordance with K-IFRS No. 1118 for the period ending March 31, 2027. Based on information available as of June 30, 2026, the Company is performing a preliminary assessment of the potential impact of the adoption of K-IFRS No. 1118.

(3)	Material accounting policies and method of computation used in the preparation of the condensed interim<br>financial statements are consistent with those of the annual financial statements for the year ended December 31, 2025, except for the one described below.
1)	Income tax expense
:---	:---

Income tax expense for the interim period is recognized based on the weighted average annual income tax rate expected for the expected gross annual profit. The estimated average annual tax rate is applied to the pre-tax income.

2)	Application of the revaluation model to land

The Company has changed its accounting policy for the subsequent measurement of land, which is classified as property, plant and equipment, from the historical cost model to the revaluation model, as management believes that the revaluation model provides more reliable and more relevant information regarding the fair value of land. Accordingly, the accounting policy has been changed effective from the current period.

In accordance with K-IFRS 1016 ‘Property, Plant and Equipment’, when an entity applies the revaluation model as an accounting policy for an asset for the first time, retrospective application is not required. Therefore, the Company has not restated the comparative financial statements for prior periods.

As the Company does not hold any land as of the end of the current period, there is no impact arising from this change in accounting policy.

3.	MATERIAL ACCOUNTING ESTIMATES AND ASSUMPTIONS

The management shall make judgements, estimates and assumptions that affect the application of accounting policies and assets, liabilities, revenues and expenses in preparing condensed interim financial statements. Therefore, the actual results may differ from these estimates.

The important judgements by the management excluding the estimation methods used to determine corporate income tax expense and the application of revaluation model on accounting policies and the main sources of estimation uncertainty for preparing condensed interim financial statements are identical to ones used in the Company’s annual separate financial statements for the year ended December 31, 2025.

12 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

4.	RISK MANAGEMENT

The Company is exposed to various risks that may arise from its operating activities and credit risk, market risk and liquidity risk are the main types of risks. In order to manage such risks, the Risk Management Department analyzes, assesses, and establishes risk management standards, including policies, guidelines, management systems and decision-making to ensure sound management of the Company.

The Risk Management Committee, Chief Risk Officer (“CRO”) and the Risk Management Department are operated as risk management organizations. The Board of Directors operates the Risk Management Committee, composed of nonexecutive directors for professional risk management. The Risk Management Committee performs as the top decision-making body for risk management by establishing fundamental risk management policies that are consistent with the Company’s management strategy and by determining the Company’s acceptable level of risk.

CRO assists the Risk Management Committee and operates the Company Risk Management Council, which is composed of the risk management managers of the subsidiaries, to periodically check and improve the external environment and the Company’s risk burden. The Risk Management Department which is independently structured, controls the risk management matter of the Company and reports key risks and assists decision-making.

(1) Credit risk

Credit risk represents the possibility of financial losses incurred due to the refusal of the transaction or when the counterparty fails to fulfill its contractual obligations. The goal of credit risk management is to maintain the Company’s credit risk exposure to a permissible degree and to optimize its rate of return considering such credit risk.

1)	Credit risk management

The Company measures expected loss on assets subject to credit risk management and uses it as a management indicator.

2)	Maximum exposure

The maximum exposure to credit risk is as follows (Unit: Korean Won in millions):


Loans and other financial assets at amortized cost	Banks	214,917	649,783
	Corporates	70,442	57,359

	Total	285,359	707,142

13 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

a)	Credit risk exposure by geographical areas

The following tables analyze credit risk exposure by geographical areas (Unit: Korean Won in millions):

		June 30, 2026		December 31, 2025
		Korea		Korea
Loans and other financial assets at amortized cost			285,359		707,142
b)	Credit risk exposure by industries
:---	:---

The following tables analyze credit risk exposure by industries, which are finance and insurance, and others in accordance with the Korea Standard Industrial Classification Code as of June 30, 2026 and December 31, 2025 (Unit: Korean Won in millions):

		June 30, 2026
		Finance and<br>insurance			Others			Total
Loans and other financial assets at amortized cost			284,499			860			285,359
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---
		Finance and<br>insurance			Others			Total
Loans and other financial assets at amortized cost			706,348			794			707,142
3)	Credit risk exposure
:---	:---

The maximum exposure to credit risk by asset quality as of June 30, 2026 and December 31, 2025 is as follows (Unit: Korean Won in millions):

		June 30, 2026
		Stage 1						Stage 2						Stage 3			Total			Loss<br>allowance			Total, net
Financial assets		Above<br>appropriate<br>credit rating<br>(*1)			Less than a<br>limited<br>credit rating<br>(*2)			Above<br>appropriate<br>credit<br>rating (*1)			Less than a<br>limited credit<br>rating<br>(*2)
Loans and other financial assets at amortized cost			285,359			—			—			—			—			285,359			—			285,359
Banks			214,917			—			—			—			—			214,917			—			214,917
Corporates			70,442			—			—			—			—			70,442			—			70,442
General business			70,442			—			—			—			—			70,442			—			70,442

Total			285,359			—			—			—			—			285,359			—			285,359

(*1)	Credit grade of corporates are AAA ~ BBB.
:---	:---
(*2)	Credit grade of corporates are BBB- ~ C.
:---	:---
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1						Stage 2						Stage 3			Total			Loss<br>allowance			Total, net
Financial assets		Above<br>appropriate<br>credit<br>rating (*1)			Less<br>than a<br>limited<br>credit<br>rating<br>(*2)			Above<br>appropriate<br>credit<br>rating (*1)			Less<br>than a<br>limited<br>credit<br>rating<br>(*2)
Loans and other financial assets at amortized cost			707,142			—			—			—			—			707,142			—			707,142
Banks			649,783			—			—			—			—			649,783			—			649,783
Corporates			57,359			—			—			—			—			57,359			—			57,359
General business			57,359			—			—			—			—			57,359			—			57,359

Total			707,142			—			—			—			—			707,142			—			707,142

(*1)	Credit grade of corporates are AAA ~ BBB.
:---	:---
(*2)	Credit grade of corporates are BBB- ~ C.
:---	:---

14 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Market risk

The Company estimates and manages risks related to changes in interest rate due to the difference in the maturities of interest-bearing assets and liabilities and discrepancies in the terms of interest rates.

(3) Liquidity risk

Liquidity risk refers to the risk that the Company may encounter difficulties in meeting obligations from its financial liabilities.

1)	Liquidity risk management

Liquidity risk management is to prevent damages from potential liquidity shortages with effective risk management that could arise from mismatching the maturity of assets and liabilities or unexpected cash outflows. The financial liabilities in the statement of financial position that are relevant to liquidity risk are incorporated within the scope of risk management.

The Company manages liquidity risk through various cash flows analysis (i.e. based on remaining maturity and contract period, etc.).

2)	Maturity analysis of non-derivative financial liabilities

Cash flows of principals and interests by remaining contractual maturities of non-derivative financial liabilities are as follows (Unit: Korean Won in millions):

		June 30, 2026
		Within 3<br>months			4 to 6<br>months			7 to 9<br>months			10 to 12<br>months			1 to 5<br>years			Over<br>5 years			Total
Debentures			334,790			283,437			270,686			496,619			2,260,458			60,050			3,706,040
Lease liabilities			807			803			151			67			224			—			2,052
Other financial liabilities (*)			96,692			37,994			42,885			7,162			49,665			—			234,398

Total			432,289			322,234			313,722			503,848			2,310,347			60,050			3,942,490

(*)	It does not include lease liabilities.
:---	:---
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Within 3<br>months			4 to 6<br>months			7 to 9<br>months			10 to 12<br>months			1 to 5<br>years			Over<br>5 years			Total
Debentures			98,273			177,479			324,852			273,257			1,883,466			60,703			2,818,030
Lease liabilities			810			793			786			788			338			—			3,515
Other financial liabilities (*)			21,255			52,318			1,760			268			16,722			—			92,323

Total			120,338			230,590			327,398			274,313			1,900,526			60,703			2,913,868

(*)	It does not include lease liabilities.
:---	:---
3)	Maturity analysis of derivative financial liabilities
:---	:---

There are no derivative financial liabilities measured at fair value through profit or loss as of June 30, 2026 and December 31, 2025.

15 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

5.	CASH AND CASH EQUIVALENTS

Details of cash and cash equivalents are as follows (Unit: Korean Won in millions):

		June 30, 2026			December 31, 2025
Demand deposits			81,083			24,321
Fixed deposits			230,000			465,000

Total			311,083			489,321

6.	FINANCIAL ASSETS AT FVTOCI
:---	:---
(1)	Details of financial assets at FVTOCI as of June 30, 2026 and December 31, 2025 are as follows (Unit:<br>Korean Won in millions):
:---	:---
		Issuer		June 30, 2026			December 31, 2025
---	---	:---:	---	:---:	---	---	:---:	---
Hybrid securities		Woori Card Co., Ltd.			351,645			359,023
		Woori Financial Capital Co., Ltd.			198,237			199,139

		Total			549,882			558,162

(2)	Details of equity securities designated as financial assets at FVTOCI as of June 30, 2026 and<br>December 31, 2025 are as follows (Unit: Korean Won in millions):
:---	:---
Purpose of acquisition		Issuer		June 30, 2026			December 31, 2025
---	---	:---:	---	:---:	---	---	:---:	---
Investment for political purpose		Woori Card Co., Ltd.			351,645			359,023
		Woori Financial Capital Co., Ltd.			198,237			199,139

		Total			549,882			558,162

7.	LOANS AND OTHER FINANCIAL ASSETS AT AMORTIZED COST
:---	:---
(1)	Details of loans and other financial assets at amortized cost as of June 30, 2026 and December 31,<br>2025 are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Due from banks			—			—
Other financial assets			285,359			707,142

Total			285,359			707,142

(2)	There was no due from banks as of the periods ended June 30, 2026 and December 31, 2025.
:---	:---

16 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Changes in the allowance for credit losses and gross carrying amount of due from banks are as follows (Unit:<br>Korean Won in millions):
1)	Allowance for credit losses
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Stage 1			Stage 2			Stage 3			Total
Beginning balance			—			—			—			—
Provision of allowance for credit loss			—			—			—			—

Ending balance			—			—			—			—

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			(56	)			—			—			(56	)
Provision of allowance for credit loss			(112	)			—			—			(112	)

Ending balance			(168	)			—			—			(168	)

2)	Gross carrying amount
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Stage 1			Stage 2			Stage 3			Total
Beginning balance			—			—			—			—
Net increase			—			—			—			—

Ending balance			—			—			—			—

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Stage 1			Stage 2			Stage 3			Total
Beginning balance			100,000			—			—			100,000
Net increase			200,140			—			—			200,140

Ending balance			300,140			—			—			300,140

(4)	Details of other financial assets are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Receivables			281,137			701,643
Accrued income			2,079			3,387
Lease deposits			2,143			2,112
Loss allowance			—			—

Total			285,359			707,142

(5)	Changes in the allowances for credit losses and gross carrying amount of other financial assets are as follows<br>(Unit: Korean Won in millions):
:---	:---
1)	Allowance for credit losses
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Stage 1			Stage 2			Stage 3			Total
Beginning balance			—			—			—			—
Provision of allowance for credit loss			—			—			—			—

Ending balance			—			—			—			—

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			—				—			—			—
Provision of allowance for credit loss			(3	)			—			—			(3	)

Ending balance			(3	)			—			—			(3	)

17 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

2)	Gross carrying amount
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---
		Stage 1				Stage 2			Stage 3			Total
Beginning balance			707,142				—			—			707,142
Net increase			(421,783	)			—			—			(421,783	)

Ending balance			285,359				—			—			285,359

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Stage 1			Stage 2			Stage 3			Total
Beginning balance			104,487			—			—			104,487
Net increase			498,761			—			—			498,761

Ending balance			603,248			—			—			603,248

8.	FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES
:---	:---
(1)	The fair value hierarchy
:---	:---

The fair value hierarchy is determined by the levels of judgment involved in estimating fair values of financial assets and liabilities. The specific financial instruments characteristics and market condition such as volume of transactions and transparency are reflected to the market observable inputs. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring the fair value of its financial assets and financial liabilities. Fair value is measured based on the perspective of a market participant. As such, even when market assumptions are not readily available, the Company’s own assumptions reflect those that market participants would use for measuring the assets or liabilities at the measurement date.

The fair value measurement is described in the one of the following three levels used to classify fair value measurements:

•	Level 1—fair value measurements are those derived from quoted prices (unadjusted) in active markets for<br>identical assets or liabilities. The types of financial assets or liabilities generally included in Level 1 are publicly traded equity securities, derivatives, and debt securities issued by governmental bodies.
•	Level 2— fair value measurements are those derived from inputs other than quoted prices included<br>within Level 1 that are observable for the asset or liability, either directly (i.e. prices) or indirectly (i.e. derived from prices). The types of financial assets or liabilities generally included in Level 2 are debt securities not<br>traded in active markets and derivatives traded in OTC but not requir ed significant judgment.
:---	:---
•	Level 3— fair value measurements are those derived from valuation techniques that include inputs for<br>the assets or liabilities that are not based on observable market data (unobservable inputs). The types of financial assets or liabilities generally included in Level 3 are non-public securities and<br>derivatives and debt securities of which valuation techniques require significant judgments and subjectivity.
:---	:---

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to a fair value measurement in its entirety requires judgment and consideration of inherent factors of the asset or liability.

18 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Fair value hierarchy of financial assets and liabilities measured at fair value are as follows (Unit: Korean<br>Won in millions):
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Level 1			Level 2			Level 3			Total
Financial assets:
Financial assets at FVTOCI
Hybrid securities			—			—			549,882			549,882
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Level 1			Level 2			Level 3			Total
Financial assets:
Financial assets at FVTOCI
Hybrid securities			—			—			558,162			558,162

Financial assets measured at FVTPL and financial assets measured at FVTOCI are recognized at fair value. Fair value is the amount that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date.

Financial instruments are measured at fair value using a quoted market price in active markets. If there is no active market for a financial instrument, the Company determines the fair value using valuation methods. Valuation methods and input variables for each type of financial instruments are as follows:

		Valuation methods		Input variables
Hybrid securities		The fair value is measured using the Hull and White model and the Monte Carlo Simulations.		YTM Matrix, Additive spread by grade, Risk spread by entity, Effective Credit rating, Issuing information by item, Interest rate volatility estimate

Valuation methods of financial assets and liabilities measured at fair value and classified into Level 3 and significant but unobservable inputs are as follows:

		Fair value<br>measurement<br>technique		Type		Significant<br>unobservable<br>inputs		Range		Impact of changes in significant<br>unobservable inputs on fair value<br>measurement
Hybrid securities		Hull and White, Monte Carlo Simulation		Hybrid securities related		Estimated volatility of interest rate, Discount rate		Estimated volatility of interest rate 0.65%<br><br>Discount rate<br><br>3.61% ~<br>7.48%		Variation of fair value increases as estimated volatility of interest rate increases.

The fair value of financial assets classified as level 3 uses external valuation figures.

(3)	Changes in financial assets and liabilities measured at fair value classified into Level 3 are as follows<br>(Unit: Korean Won in millions):
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Beginning<br>balance			Net<br>Income			Other<br>comprehensive<br>income (*)			Purchases/<br>Issuances			Disposals/<br>Settlements			Transfer to or<br>out of Level 3			Ending<br>balance
Financial assets:
Financial assets at FVTOCI
Hybrid securities			558,162			—			(8,280	)		—			—			—			549,882
(*)	Of the amounts recognized in other comprehensive income, the loss related to assets and liabilities held as of<br>the end of the current six-month period amounted to 8,280 million Won.
:---	:---

19 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		For the six-month period ended June 30, 2025
		Beginning<br>balance		Net<br>Income		Other<br>comprehensive<br>income (*)		Purchases/<br>Issuances		Disposals/<br>Settlements			Transfer to or<br>out of Level 3		Ending<br>balance
Financial assets:
Financial assets at FVTOCI
Hybrid securities			553,518		—		9,495		150,000		(150,000	)		—		563,013
(*)	Of the amounts recognized in other comprehensive income, the gain related to assets and liabilities held as of<br>the end of the previous six-month period amounted to 4,905 million Won.
:---	:---
(4)	Sensitivity analysis results on reasonable fluctuation of the significant unobservable input variables for the<br>fair value of Level 3 financial instruments are as follows.
:---	:---

The sensitivity analysis on financial instruments shows how changes in unobservable inputs affect changes in fair value of the instruments through favorable and unfavorable changes. When the fair value of a financial instrument is affected by more than one unobservable assumption, the below table reflects the most favorable or the most unfavorable changes which resulted from varying the assumptions individually. The sensitivity analysis was performed for hybrid securities of which fair value changes are recognized as other comprehensive income among level 3 financial instruments.

The following table presents the sensitivity analysis to disclose the effect of reasonably possible volatility (Unit: Korean Won in millions):

		June 30, 2026
		Net income						Other comprehensive income (loss)
		Favorable			Unfavorable			Favorable			Unfavorable
Financial assets:
Financial assets at FVTOCI
Hybrid securities (*)			—			—			10,747			(10,451	)
(*)	Fair value changes of hybrid securities are calculated by increasing or decreasing discount rate, which is the<br>major unobservable variable, by 1%p, respectively.
:---	:---
		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---
		Net income						Other comprehensive income (loss)
		Favorable			Unfavorable			Favorable			Unfavorable
Financial assets:
Financial assets at FVTOCI
Hybrid securities (*)			—			—			13,482			(13,065	)
(*)	Fair value changes of hybrid securities are calculated by increasing or decreasing discount rate, which is the<br>major unobservable variable, by 1%p, respectively.
:---	:---
(5)	Fair value and carrying amount of financial assets and liabilities that are recorded at amortized cost are as<br>follows, and fair value information for cash and cash equivalents is not included, as their carrying amounts represent a reasonable approximation of fair value (Unit: Korean Won in millions):
:---	:---
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---
		Fair value												Carrying amount
		Level 1			Level 2			Level 3			Total
Financial assets:
Loans and other financial assets at amortized cost (*1)			—			—			285,359			285,359			285,359
Financial liabilities:
Debentures			—			3,475,781			—			3,475,781			3,536,620
Other financial liabilities (1)(2)			—			—			234,399			234,399			234,399
(*1)	The carrying amount is disclosed at fair value considering the carrying amount as an approximation of fair<br>value.
:---	:---
(*2)	It does not include lease liabilities.
:---	:---

20 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

		December 31, 2025
		Fair value								Carrying amount
		Level 1		Level 2		Level 3		Total
Financial assets:
Loans and other financial assets at amortized cost (*1)			—		—		707,142		707,142		707,142
Financial liabilities:
Debentures			—		2,636,297		—		2,636,297		2,667,525
Other financial liabilities (1)(2)			—		—		92,323		92,323		92,323
(*1)	The carrying amount is disclosed at fair value considering the carrying amount as an approximation of fair<br>value.
:---	:---
(*2)	It does not include lease liabilities.
:---	:---

The fair values of financial instruments are measured using quoted market price in active markets. In case there is no active market for financial instruments, the Company determines the fair value using valuation methods. For the disclosed items in which book value is considered to be the approximate value of fair value, valuation techniques and input variables are not disclosed. Valuation techniques and input variables for the fair value of financial liabilities that are recorded at amortized cost are as follows:

		Valuation methods	Input variables
Debentures		The fair value is measured by discounting the projected cash flows of debt products by applying the market discount rate that is reflecting credit rating of the Company.	Risk-free market rate, etc.
(6)	Financial instruments by category
:---	:---

Carrying amounts of financial assets and liabilities by each category are as follows (Unit: Korean Won in millions):

1)	Financial assets
		June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
Financial assets		Financial assets at<br>FVTPL			Financial assets at<br>FVTOCI			Financial assets at<br>amortized cost			Total
Hybrid securities			—			549,882			—			549,882
Other financial assets			—			—			285,359			285,359

Total			—			549,882			285,359			835,241

		December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
Financial assets		Financial assets at<br>FVTPL			Financial assets at<br>FVTOCI			Financial assets at<br>amortized cost			Total
Hybrid securities			—			558,162			—			558,162
Other financial assets			—			—			707,142			707,142

Total			—			558,162			707,142			1,265,304

2)	Financial liabilities
:---	:---
		June 30, 2026						December 31, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
Financial liabilities		Financial liabilities at<br>FVTPL			Financial liabilities at<br>amortized cost			Financial liabilities at<br>FVTPL			Financial liabilities at<br>amortized cost
Debentures			—			3,536,620			—			2,667,525
Other financial liabilities (*)			—			234,399			—			92,323

Total			—			3,771,019			—			2,759,848

(*)	It does not include lease liabilities.
:---	:---

21 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

9.	INVESTMENTS IN SUBSIDIARIES
(1)	Details of Investments in subsidiaries are as follows (Unit: Korean Won in millions and number of shares):
:---	:---
Subsidiaries (*1)		Location		Capital<br>stock			Main business
---	---	:---:	---	:---:	---	---	:---:
Woori Bank		Korea			3,581,400		Bank
Tongyang Life Insurance Co., Ltd.		Korea			806,800		Insurance<br>business
Woori Card Co., Ltd.		Korea			896,300		Finance
Woori Financial Capital Co., Ltd.		Korea			373,800		Finance
Woori Investment Securities Co., Ltd.		Korea			457,400		Investment<br>Brokerage
ABL Life Insurance Co., Ltd.		Korea			15,500		Insurance<br>business
Woori Asset Trust Co., Ltd.		Korea			16,900		Real estate<br>trust
Woori Savings Bank		Korea			187,400		Mutual saving<br>bank
Woori Asset Management Corp		Korea			24,000		Finance
Woori Venture Partners Co., Ltd.		Korea			50,000		Other financial<br>services
Woori Private Equity Asset Management Co., Ltd.		Korea			80,000		Finance
Woori F&I Co., Ltd.		Korea			31,500		Finance
Woori Credit Information Co., Ltd.		Korea			5,000		Credit<br>information
Woori Fund Service Co., Ltd.		Korea			10,000		Financial<br>support service<br>business
Woori FIS Co., Ltd.		Korea			24,500		System<br>software<br>development &<br>maintenance
Woori Finance Research Institute Co., Ltd.		Korea			3,000		Other service<br>business
		June 30, 2026									December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---	---
Subsidiaries (*1)		Number of<br>shares			Percentage of<br>ownership<br>(%) (*2)			Financial<br>statements<br>date of use			Number of<br>shares			Percentage of<br>ownership<br>(%) (*2)			Financial<br>statements<br>date of use
Woori Bank			716,000,000			100.0			June 30, 2026			716,000,000			100.0			December 31, 2025
Tongyang Life Insurance Co., Ltd.			121,565,627			77.9			June 30, 2026			121,565,627			77.9			December 31, 2025
Woori Card Co., Ltd.			179,266,200			100.0			June 30, 2026			179,266,200			100.0			December 31, 2025
Woori Financial Capital Co., Ltd.			74,757,594			100.0			June 30, 2026			74,757,594			100.0			December 31, 2025
Woori Investment Securities Co., Ltd.			914,890,213			100.0			June 30, 2026			485,329,227			99.9			December 31, 2025
ABL Life Insurance Co., Ltd.			3,106,736			100.0			June 30, 2026			3,106,736			100.0			December 31, 2025
Woori Asset Trust Co., Ltd.			3,382,645			100.0			June 30, 2026			3,382,645			100.0			December 31, 2025
Woori Savings Bank			37,476,895			100.0			June 30, 2026			37,476,895			100.0			December 31, 2025
Woori Asset Management Corp			4,797,154			100.0			June 30, 2026			4,797,154			100.0			December 31, 2025
Woori Venture Partners Co., Ltd.			100,000,000			100.0			June 30, 2026			100,000,000			100.0			December 31, 2025
Woori Private Equity Asset Management Co., Ltd.			16,000,000			100.0			June 30, 2026			16,000,000			100.0			December 31, 2025
Woori F&I Co., Ltd.			6,298,895			100.0			June 30, 2026			6,298,895			100.0			December 31, 2025
Woori Credit Information Co., Ltd.			1,008,000			100.0			June 30, 2026			1,008,000			100.0			December 31, 2025
Woori Fund Service Co., Ltd.			2,000,000			100.0			June 30, 2026			2,000,000			100.0			December 31, 2025
Woori FIS Co., Ltd.			4,900,000			100.0			June 30, 2026			4,900,000			100.0			December 31, 2025
Woori Finance Research Institute Co., Ltd.			600,000			100.0			June 30, 2026			600,000			100.0			December 31, 2025
(*1)	Only subsidiaries invested directly by the Company are included.
:---	:---
(*2)	The percentage is based on the effective shareholding rate relative to the number of stocks outstanding.
:---	:---

22 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Changes in the carrying value of investments in subsidiaries are as follows (Unit: Korean Won in millions):
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Beginning balance			Acquisition			Disposal			Ending balance
Woori Bank			18,921,151			—			—			18,921,151
Tongyang Life Insurance Co., Ltd.			1,283,935			—			—			1,283,935
Woori Card Co., Ltd.			1,118,367			—			—			1,118,367
Woori Financial Capital Co., Ltd.			1,003,206			—			—			1,003,206
Woori Investment Securities Co., Ltd. (*)			1,269,797			1,001,629			—			2,271,426
ABL Life Insurance Co., Ltd.			269,002			—			—			269,002
Woori Asset Trust Co., Ltd.			453,902			—			—			453,902
Woori Savings Bank			313,238			—			—			313,238
Woori Asset Management Corp			196,825			—			—			196,825
Woori Venture Partners Co., Ltd.			336,439			—			—			336,439
Woori Private Equity Asset Management Co., Ltd.			57,797			—			—			57,797
Woori F&I Co., Ltd.			320,000			—			—			320,000
Woori Credit Information Co., Ltd.			16,466			—			—			16,466
Woori Fund Service Co., Ltd.			13,939			—			—			13,939
Woori FIS Co., Ltd.			21,754			—			—			21,754
Woori Finance Research Institute Co., Ltd.			1,677			—			—			1,677

Total			25,597,495			1,001,629			—			26,599,124

(*)	During the first quarter of 2026, the remaining 0.1% equity interest in Woori Investment Securities Co., Ltd.<br>was acquired, resulting in the Company becoming a wholly owned subsidiary, and a paid-in capital increase of KRW 1,000,000 million was made in May.
:---	:---
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Beginning balance			Acquisition			Disposal			Ending balance
Woori Bank			18,921,151			—			—			18,921,151
Woori Card Co., Ltd.			1,118,367			—			—			1,118,367
Woori Financial Capital Co., Ltd.			1,003,206			—			—			1,003,206
Woori Investment Securities Co., Ltd.			1,263,436			—			—			1,263,436
Woori Asset Trust Co., Ltd.			621,722			—			—			621,722
Woori Savings Bank			313,238			—			—			313,238
Woori F&I Co., Ltd.			320,000			—			—			320,000
Woori Asset Management Corp			196,825			—			—			196,825
Woori Venture Partners Co., Ltd.			336,439			—			—			336,439
Woori Private Equity Asset Management Co., Ltd.			57,797			—			—			57,797
Woori Credit Information Co., Ltd.			16,466			—			—			16,466
Woori Fund Service Co., Ltd.			13,939			—			—			13,939
Woori FIS Co., Ltd.			21,754			—			—			21,754
Woori Finance Research Institute Co., Ltd.			1,677			—			—			1,677

Total			24,206,017			—			—			24,206,017

10.	OTHER ASSETS
:---	:---

Details of other assets are as follows (Unit: Korean Won in millions):

		June 30, 2026			December 31, 2025
Prepaid expenses			245			315

23 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

11.	DEBENTURES

Details of debentures are as follows (Unit: Korean Won in millions):

		June 30, 2026						December 31, 2025
		Interest rate (%)			Amount			Interest rate (%)		Amount
Face value of bonds:
General bonds			2.19~4.25			2,590,000			2.19~4.25		1,720,000
Subordinated bonds			2.13~2.55			950,000			2.13~2.55		950,000

Sub-total						3,540,000					2,670,000
Deducted item:
Discounts on bonds						(3,380	)				(2,475	)

Total						3,536,620					2,667,525

12.	PROVISIONS
:---	:---
(1)	Details of provisions are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Asset retirement obligation			1,571			1,897
(2)	Changes in asset retirement obligation are as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---	---
		2026				2025
Beginning balance			1,897				1,252
Amortization			23				27
Provision(Reversal) due to contract modification			(349	)			590

Ending balance			1,571				1,869

24 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

13.	NET DEFINED BENEFIT ASSET

The Company’s pension plan is based on the defined benefit retirement pension plan. Employees and directors with one or more years of service are entitled to receive a payment upon termination of their employment, based on their length of service and rate of salary at the time of termination. The assets of the plans are measured at their fair value at the end of reporting date. The plan liabilities are measured using the projected unit method, which takes into account of projected earnings’ increase, using actuarial assumptions that give the best estimate of the future cash flows that will arise under the plan liabilities.

The Company is exposed to various risks through defined benefit retirement pension plan, and the most significant risks are as follows:

Volatility of asset		The defined benefit obligation was estimated with an interest rate calculated based on blue chip<br>corporate bonds earnings. A deficit may occur if the rate of return of plan assets falls short of the interest rate.
Decrease in profitability of blue chip bonds		A decrease in profitability of blue chip bonds will be offset by some increase in the value of<br>debt securities that the employee benefit plan owns but will bring an increase in the defined benefit obligation.
Risk of inflation		Defined benefit obligations are related to inflation rate; the higher the inflation rate is, the<br>higher the level of liabilities. Therefore, deficit occurs in the system if an inflation rate increases.
(1)	Details of net defined benefit assets are as follows (Unit: Korean Won in millions):
:---	:---
		June 30, 2026				December 31, 2025
---	---	:---:	---	---	---	:---:	---	---
Present value of defined benefit obligation			(17,584	)			(16,255	)
Fair value of plan assets			17,852				18,363

Net defined benefit asset			268				2,108

(2)	The amount recognized in profit or loss and total comprehensive income related to the defined benefit plan for<br>the six-month periods ended June 30, 2026 and 2025 is as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---	---	---
		2026				2025
Current service cost			2,630				2,810
Net interest income			(61	)			(40	)

Cost recognized in net income			2,569				2,770

Remeasurements (*)			286				1,496
Cost recognized in total comprehensive income			2,855				4,266

(*)	The amount is before income tax effect.
:---	:---

25 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

14.	OTHER FINANCIAL LIABILITIES AND OTHER LIABILITIES

Other financial liabilities and other liabilities are as follows (Unit: Korean Won in millions):

		June 30, 2026			December 31, 2025
Other financial liabilities:
Accounts payable			198,779			57,333
Accrued expenses			35,620			34,990
Lease liabilities			2,023			3,499

Sub-total			236,422			95,822

Other liabilities:
Other miscellaneous liabilities			405			5,967

Total			236,827			101,789

15.	EQUITY
:---	:---
(1)	Details of equity as of June 30, 2026 and December 31, 2025 are as follows (Unit: Korean Won in<br>millions):
:---	:---
				June 30, 2026				December 31, 2025
---	---	---	---	:---:	---	---	---	:---:	---	---
Capital					3,802,676				3,802,676
Hybrid securities					3,510,805				3,710,228
Capital surplus					8,120,236				8,120,236
Other equity		Treasury stock			(628	)			(628	)
		Accumulated other comprehensive<br><br>income			(753	)			5,457
		Other adjustments (*3)			(577	)			(2,222	)

		Sub-total			(1,958	)			2,607

Retained earnings (1) (2)					8,473,343				8,314,197

Total					23,905,102				23,949,944

(*1)	The regulatory reserve for credit loss in retained earnings amounted to 3,525 million Won and<br>1,289 million Won as of June 30, 2026 and December 31, 2025 in accordance with the relevant regulation.
:---	:---
(*2)	The earned surplus reserve in retained earnings amounted to 667,700 million Won and 554,990 million<br>Won as of June 30, 2026 and December 31, 2025 in accordance with the Article 53 of the Financial Holding Company Act.
:---	:---
(*3)	Other adjustments represent the difference between the book value of hybrid securities and the redemption<br>amount.
:---	:---
(2)	The number of authorized shares and others of the Company are as follows:
:---	:---
		June 30, 2026			December 31, 2025
---	---	:---:	---	---	:---:	---
Shares of common stock authorized			4,000,000,000 Shares			4,000,000,000 Shares
Par value			5,000 Won			5,000 Won
Shares of common stock issued			728,089,682 Shares			734,076,320 Shares
Capital stock (*)			3,802,676 million Won			3,802,676 million Won
(*)	Due to retirement of earnings, total par value of the shares issued and<br>paid-in capital are different.
:---	:---

26 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	Hybrid securities

The bond-type hybrid securities classified as owner’s equity are as follows (Unit: Korean Won in millions):


Securities in local currency	2021-04-08	—	3.15	—		200,000
Securities in local currency	2021-10-14	—	3.60	200,000		200,000
Securities in local currency	2022-02-17	—	4.10	300,000		300,000
Securities in local currency	2022-07-28	—	4.99	300,000		300,000
Securities in local currency	2022-10-25	—	5.97	220,000		220,000
Securities in local currency	2023-02-10	—	4.65	300,000		300,000
Securities in local currency	2023-09-07	—	5.04	200,000		200,000
Securities in local currency	2024-02-07	—	4.49	400,000		400,000
Securities in local currency	2024-06-19	—	4.27	400,000		400,000
Securities in local currency	2024-10-10	—	4.00	400,000		400,000
Securities in local currency	2025-05-13	—	3.45	400,000		400,000
Securities in local currency	2025-10-22	—	3.34	400,000		400,000
Issuance cost				(9,195	)	(9,772	)

Total				3,510,805		3,710,228

The hybrid securities mentioned above do not have maturity date but are redeemable after 5 years from the date of issuance.

27 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(4)	Accumulated other comprehensive income

Changes in the accumulated other comprehensive income are as follows (Unit: Korean Won in millions):

		For the six-month period ended June 30, 2026
		Beginning<br>balance				Increase<br>(decrease)				Income tax<br>effect			Ending<br>balance
Net gain (loss) on valuation of financial assets at FVTOCI			5,918				(8,280	)			2,278			(84	)
Remeasurements of defined benefit plan			(461	)			(286	)			78			(669	)

Total			5,457				(8,566	)			2,356			(753	)

		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---	---	---	---
		Beginning<br>balance				Increase<br>(decrease)				Income tax<br>effect				Ending<br>balance
Net gain (loss) on valuation of financial assets at FVTOCI			2,590				9,495				(2,507	)			9,578
Remeasurements of defined benefit plan			(695	)			(1,496	)			395				(1,796	)

Total			1,895				7,999				(2,112	)			7,782

28 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(5)	Regulatory reserve for credit loss

In accordance with Article 26 ~ 28 of the Financial holding company Supervision Regulations, the Company calculates and discloses the regulatory reserve for credit loss.

1)	Balance of the regulatory reserve for credit loss

Balance of the planned regulatory reserve for credit loss is as follows (Unit: Korean Won in millions):


Beginning balance		3,525		1,289
Planned provision for (reversal of) regulatory reserve for credit loss		(2,109	)	2,236

Ending balance		1,416		3,525

2)	Provision of regulatory reserve for credit loss, adjusted net income after the provision of regulatory reserve<br>and others
:---	:---

		Periods ended June 30, 2026								Periods ended June 30, 2025
		Three-month				Six-month				Three-month				Six-month
Net income (loss) before regulatory reserve			(37,550	)			1,157,393				(27,269	)			1,368,796
Provision for regulatory reserve for credit loss			(2,429	)			(2,109	)			1,800				2,490
Adjusted net income (loss) after the provision of regulatory reserve			(35,121	)			1,159,502				(29,069	)			1,366,306
Dividends to hybrid securities			(39,033	)			(78,067	)			(36,166	)			(75,672	)
Adjusted net income (loss) after regulatory reserve and dividends to hybrid securities			(74,154	)			1,081,435				(65,235	)			1,290,634
Adjusted EPS (Loss Per Share) after regulatory reserve and dividends to hybrid securities (Unit:<br>Korean Won)			(102	)			1,479				(89	)			1,745
(6)	Changes in treasury stocks are as follows (Unit: Korean Won in millions, Number of Shares):
:---	:---
		For the six-month period ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---	---
		Beginning			Acquisition			Retirement				Ending
Number of shares			53,945			5,986,638			(5,986,638	)			53,945
Carrying amount			628			200,000			(200,000	)			628
		For the six-month period ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Beginning			Acquisition			Retirement			Ending
Number of shares			53,945			8,515,181			—			8,569,126
Carrying amount			628			150,000			—			150,628

29 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

16.	DIVIDENDS
(1)	Dividends per share and the total dividends for the fiscal year ended December 31, 2025 were 760 Won and<br>557,431 million Won, respectively, approved at the regular general shareholders’ meeting held on March 23, 2026, and were paid in April 2026.
:---	:---
(2)	On April 24, 2026, the Board of Directors declared a quarterly dividend of 220 Won per share<br>(160,527 million Won in total) and fixed record date as May 11, 2026. Dividends were paid in May 2026.
:---	:---
17.	NET INTEREST INCOME (EXPENSE)
:---	:---
(1)	Details of interest income recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Interest on due from banks			2,668			5,643			13,002			21,595
Other interest income			16			31			16			33

Total			2,684			5,674			13,018			21,628

(2)	Details of interest expense recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Interest on debentures			23,430			42,279			18,174			34,951
Other interest expense			11			22			14			27
Interest on lease liabilities			19			40			21			44

Total			23,460			42,341			18,209			35,022

18.	NET FEES AND COMMISSIONS INCOME (EXPENSE)
:---	:---
(1)	Details of fees and commissions income incurred are as follows (Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Fees and commissions income			444			887			417			876
(2)	Details of fees and commissions expense incurred are as follows (Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Fees and commissions paid			4,140			8,084			5,403			7,665
Others			2,983			6,499			2,999			5,977

Total			7,123			14,583			8,402			13,642

30 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

19.	DIVIDEND INCOME
(1)	Details of dividend income recognized are as follows (Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Dividend income recognized from investments in subsidiaries			—			1,236,907			—			1,422,898
Dividend income recognized from FVTOCI			6,545			13,011			6,193			12,520

Total			6,545			1,249,918			6,193			1,435,418

(2)	Details of dividend income recognized from financial assets at FVTOCI are as follows (Unit: Korean Won in<br>millions):
:---	:---
		Periods ended June 30, 2026
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Derecognized equity<br>instruments						Held equity instruments
		Three-month			Six-month			Three-month			Six-month
Dividend income recognized from assets held:
Hybrid securities			—			—			6,545			13,011
		Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	---	---	---
		Derecognized equity<br>instruments						Held equity instruments
		Three-month			Six-month			Three-month			Six-month
Dividend income recognized from assets held:
Hybrid securities			2,279			2,279			3,914			10,241
20.	REVERSAL OF (PROVISION FOR) IMPAIRMENT LOSSES DUE TO CREDIT LOSS
:---	:---

Details of reversal (provision) of impairment losses due to credit loss recognized are as follows (Unit: Korean Won in millions):

		Periods ended June 30, 2026						Periods ended June 30, 2025
		Three-month			Six-month			Three-month			Six-month
Reversal of (provision for) impairment losses due to credit loss on loans and other financial<br>assets at amortized cost			655			—			289			(115	)

31 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

21.	GENERAL AND ADMINISTRATIVE EXPENSES
(1)	Details of general and administrative expenses recognized are as follows (Unit: Korean Won in millions):
:---	:---
						Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	---	---	---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
						Three-month			Six-month			Three-month			Six-month
Employee benefits		Short-term Employee<br><br>benefits		Salaries			9,868			19,975			9,461			17,709
				Employee fringe benefits			3,471			7,301			3,211			5,353
		Retirement benefit service costs					606			2,569			748			2,770
		Share based payments					(1,251	)		2,017			3,403			4,206

		Sub-total					12,694			31,862			16,823			30,038

Depreciation and amortization							1,071			2,158			1,395			2,860
Other general and administrative expenses		Rent					430			844			404			815
		Taxes and public dues					114			337			144			292
		Service charges					377			849			380			805
		Computer and IT related					1,484			2,973			1,757			3,558
		Telephone and communication					99			219			65			240
		Advertising					10			27			21			38
		Printing					12			23			9			27
		Traveling					90			355			73			151
		Supplies					24			53			22			50
		Insurance premium					63			127			53			104
		Reimbursement					240			424			161			397
		Vehicle maintenance					65			101			58			109
		Others					461			741			362			664

		Sub-total					3,469			7,073			3,509			7,250

Total							17,234			41,093			21,727			40,148

32 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Share-based payment

Details of performance condition share-based payment granted to executives as of June 30, 2026 and December 31, 2025 are as follows:

1)	Performance condition share-based payment
Subject to				Shares granted for the year 2021
---	---	---	---	:---:
Type of payment				Cash-settled
Vesting period				January 1, 2021 ~ December 31, 2024
Date of payment				2025-01-01
Fair value (*1)				15,831 Won
Valuation method				Black-Scholes Model
Expected dividend rate				6.48%
Expected maturity date				0.00 years
Number of shares remaining		As of June 30, 2026		56,029 shares
		As of December 31, 2025		56,029 shares
Number of shares granted (*2)		As of June 30, 2026		56,029 shares
		As of December 31, 2025		56,029 shares
Subject to				Shares granted for the year 2022
---	---	---	---	:---:
Type of payment				Cash-settled
Vesting period				January 1, 2022 ~ December 31, 2025
Date of payment				2026-01-01
Fair value (*1)				27,713 Won
Valuation method				Black-Scholes Model
Expected dividend rate				7.30%
Expected maturity date				0.00 years
Number of shares remaining		As of June 30, 2026		55,560 shares
		As of December 31, 2025		223,176 shares
Number of shares granted (*2)		As of June 30, 2026		55,560 shares
		As of December 31, 2025		223,176 shares
Subject to				Shares granted for the year 2023
---	---	---	---	:---:
Type of payment				Cash-settled
Vesting period				January 1, 2023 ~ December 31, 2026
Date of payment				2027-01-01
Fair value (*1)				28,979 Won
Valuation method				Black-Scholes Model
Expected dividend rate				6.70%
Expected maturity date				0.50 years
Number of shares remaining		As of June 30, 2026		160,929 shares
		As of December 31, 2025		160,929 shares
Number of shares granted (*2)		As of June 30, 2026		160,929 shares
		As of December 31, 2025		160,929 shares
Subject to				Shares granted for the year 2024
---	---	---	---	:---:
Type of payment				Cash-settled
Vesting period				January 1, 2024 ~ December 31, 2027
Date of payment				2028-01-01
Fair value (*1)				27,101 Won
Valuation method				Black-Scholes Model
Expected dividend rate				6.70%
Expected maturity date				1.50 years
Number of shares remaining		As of June 30, 2026		194,569 shares
		As of December 31, 2025		194,569 shares
Number of shares granted (*2)		As of June 30, 2026		194,569 shares
		As of December 31, 2025		194,569 shares

33 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

Subject to				Shares granted for the year 2025
Type of payment				Cash-settled
Vesting period				January 1, 2025 ~ December 31, 2028
Date of payment				2029-01-01
Fair value (*1)				25,345 Won
Valuation method				Black-Scholes Model
Expected dividend rate				6.70%
Expected maturity date				2.50 years
Number of shares remaining		As of June 30, 2026		173,273 shares
		As of December 31, 2025		173,273 shares
Number of shares granted (*2)		As of June 30, 2026		173,273 shares
		As of December 31, 2025		173,273 shares
Subject to				Shares granted for the year 2026
---	---	---	---	:---:
Type of payment				Cash-settled
Vesting period				January 1, 2026 ~ December 31, 2029
Date of payment				2030-01-01
Fair value (*1)				23,703 Won
Valuation method				Black-Scholes Model
Expected dividend rate				6.70%
Expected maturity date				3.50 years
Number of shares remaining		As of June 30, 2026		48,137 shares
		As of December 31, 2025		—
Number of shares granted (*2)		As of June 30, 2026		48,137 shares
		As of December 31, 2025		—
(*1)	As the amount of payment varies according to the base price (the arithmetic average of the weighted average<br>stock price of transactions in the past one week, the past one month, and the past two months) at the date of payment, the fair value is calculated and used to measure the liability according to the Black Scholes model based on the base price at the<br>time of each settlement.
:---	:---
(*2)	The number of payable stocks is granted at the initial contract date. This is a system in which the number of<br>shares to be granted is determined based on the evaluation results of long-term performance indicators over a total of four years, including the current year, and the final cash compensation is made by reflecting the stock price at the time of<br>payment. Performance is evaluated as long-term performance indication including relative shareholder return, common equity tier 1(CET1) ratio, net income, return on equity (ROE), C/I ratio,<br>non-performing loan ratio and job performance.
:---	:---
2)	The Company accounts for performance condition share-based payments according to the cash-settled method and<br>the fair value of the liabilities is reflected in the compensation costs by re-measuring every closing period. As of June 30, 2026 and December 31, 2025 the book value of the liabilities related to<br>the performance condition share-based payments recognized by the Company is 17,967 million Won and 19,807 million Won.
:---	:---
22.	NON-OPERATING INCOME (EXPENSES)
:---	:---
(1)	Details of non-operating income and expenses recognized are as follows<br>(Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026								Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	---	---	:---:	---	---	---	---	---	---
		Three-month				Six-month				Three-month				Six-month
Other non-operating income			32				32				69				73
Other non-operating expense			(75	)			(75	)			(50	)			(60	)

Total			(43	)			(43	)			19				13

34 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Details of other non-operating income recognized are as follows (Unit:<br>Korean Won in millions):
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Lease change cancellation gain			—			—			—			3
Others			32			32			69			70

Total			32			32			69			73

(3)	Details of other non-operating expenses recognized are as follows<br>(Unit: Korean Won in millions):
:---	:---
		Periods ended June 30, 2026						Periods ended June 30, 2025
---	---	:---:	---	---	---	---	---	:---:	---	---	---	---
		Three-month			Six-month			Three-month			Six-month
Donations			75			75			50			60

35 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

23.	INCOME TAX EXPENSE

Details of income tax expense are as follows (Unit: Korean Won in millions):

		For the six-month periods ended June 30
		2026			2025
Current tax expense
Current tax expense with respect to the current period			—			—

Deferred tax expense
Change in deferred tax assets (liabilities) due to temporary differences			(1,330	)		2,324
Tax expense (income) directly attributable to equity			2,356			(2,112	)

Sub-total			1,026			212

Income tax expense			1,026			212

24.	EARNINGS PER SHARE (“EPS”)
:---	:---
(1)	Basic profit and loss per share
:---	:---

Basic EPS is calculated by dividing net income attributable to common shareholders by weighted-average number of common shares outstanding (Unit: Korean Won in millions, except for EPS and number of shares):

		Periods ended June 30, 2026						Periods ended June 30, 2025
		Three-month			Six-month			Three-month			Six-month
Net income (loss)			(37,550	)		1,157,393			(27,269	)		1,368,796
Dividends to hybrid securities			(39,033	)		(78,067	)		(36,166	)		(75,672	)
Net income (loss) attributable to common shareholders			(76,583	)		1,079,326			(63,435	)		1,293,124
Weighted average number of common shares outstanding<br><br>(Unit: million shares)			729			731			737			740
Basic EPS (Loss Per Share)<br><br>(Unit: Korean Won)			(105	)		1,476			(86	)		1,749
(2)	Weighted average number of outstanding common shares
:---	:---

The weighted average number of common shares outstanding is as follows (Unit: number of shares) :

	For the six-month period ended June 30, 2026
	Period	Number of<br>shares			Dates		Accumulated number<br>of shares outstanding<br>during period
Common shares issued at the beginning of the period	2026-01-01~2026-06-30		734,076,320			181		132,867,813,920
Treasury stock	2026-01-01~2026-06-30		(53,945	)		181		(9,764,045	)
Acquisition and retirement of treasury stock	2026-01-01~2026-06-30		(5,986,638	)				(501,670,272	)

Sub-total (①)								132,356,379,603

Weighted average number of common shares outstanding (②=①/181)								731,250,716

36 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

	For the<br>six-month period ended June 30, 2025
	Period	Number of<br>shares			Dates		Accumulated number<br>of shares outstanding<br>during period
Common shares issued at the beginning of the period	2025-01-01~2025-06-30		742,591,501			181		134,409,061,681
Treasury stock	2025-01-01~2025-06-30		(53,945	)		181		(9,764,045	)
Acquisition of treasury stock	2025-01-01~2025-06-30		(8,515,181	)				(548,504,147	)

Sub-total (①)								133,850,793,489

Weighted average number of common shares outstanding (②=①/181)								739,507,146

Diluted EPS is equal to basic EPS because there is no dilution effect for the six-month periods ended June 30, 2026 and 2025.

25.	CONTINGENT LIABILITIES AND COMMITMENTS
(1)	Litigation case
:---	:---

As of June 30, 2026, the Company is involved as a defendant in one pending lawsuit related to the purchase price of shares of Woori Asset Trust Co., Ltd. After receiving a favorable judgment in the first instance, the case is currently under appeal in the second instance. The amount claimed in the lawsuit is KRW 13,305 million, and as of June 30, 2026, the Company cannot reasonably estimate the potential impact of this matter on its financial statements.

(2)	Details of loan commitments with financial institutions are as follows (Unit: Korean Won in millions):
		June 30, 2026								December 31, 2025
---	---	:---:	---	---	---	---	---	---	---	:---:	---	---	---	---
		Financial institutions		Line of credit			Loan balance			Line of credit			Loan balance
Loans		Standard Chartered Bank Korea Ltd.			100,000			—			100,000			—

37 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

26.	RELATED PARTY TRANSACTIONS

Related parties of the Company as of June 30, 2026 and December 31, 2025, and assets and liabilities recognized, guarantees and commitments, major transactions with related parties and compensation to key management for the six-month periods ended June 30, 2026 and 2025 are as follows:

(1)	Assets and liabilities from transactions with related parties are as follows (Unit: Korean Won in millions):
Related parties		Title of account		June 30, 2026			December 31, 2025
---	---	---	---	---	---	---	---	---
Subsidiaries
Woori Bank		Cash and cash equivalents			311,083			489,321
		Other financial assets			214,917			649,783
		Other financial liabilities			119,094			30,271
Woori Card Co., Ltd.		Other financial assets			24,411			17,367
		Other financial liabilities			36,474			292
Woori Financial Capital Co., Ltd.		Other financial assets			25,316			31,633
		Other financial liabilities			572			435
Woori Investment Securities Co., Ltd.		Other financial liabilities			14,997			23,285
Woori Asset Trust Co., Ltd.		Other financial assets			4,234			—
Woori Savings Bank		Other financial assets			1,399			2,702
		Other financial liabilities			12			—
Woori Asset Management Corp		Other financial assets			4,714			4,156
		Other financial liabilities			23			—
Woori Venture Partners Co., Ltd.		Other financial assets			5,973			707
		Other financial liabilities			7			—
Woori Private Equity Asset Management Co. Ltd.		Other financial assets			3,535			1
		Other financial liabilities			1			59
Woori F&I Co., Ltd.		Other financial liabilities			1,800			2,410
Woori Credit Information Co., Ltd.		Other financial assets			15			5
		Other financial liabilities			46			—
Woori Fund Service Co., Ltd.		Other financial assets			834			638
		Other financial liabilities			2			—
Woori FIS Co., Ltd.		Other financial assets			2			50
		Other financial liabilities			665			448
Woori Finance Research Institute Co., Ltd.		Other financial assets			9			100
		Other financial liabilities			2			3,395
ABL Life Insurance Co., Ltd. and its subsidiaries		Other financial liabilities			26,963			—
Associates of subsidiaries
W Service Networks Co., Ltd.		Other financial liabilities			21			—

38 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(2)	Gain or loss from transactions with related parties are as follows (Unit: Korean Won in millions):
				For the six-month periods ended June 30
---	---	---	---	:---:	---	---	---	---
Related party		Title of account		2026			2025
Subsidiaries
Woori Bank		Interest income			4,879			20,693
		Fees and commissions income			886			876
		Dividend income			1,164,932			1,352,524
		Interest expenses (*2)			31			31
		Fees and commissions expense			10			9
		Provision of impairment loss due to credit loss			—			113
		General and administrative expenses (*2)			2,080			2,485
Woori Card Co., Ltd.		Dividend income			38,465			37,435
Woori Financial Capital Co., Ltd.		Dividend income			34,163			32,743
		Interest expenses (*2)			6			9
		General and administrative expenses (*2)			119			122
Woori Investment Securities Co., Ltd.(*1)		Fees and commissions expenses			—			—
Woori Asset Management Corp		Dividend income			5,622			3,540
Woori Venture Partners Co., Ltd.		Dividend income			5,200			7,300
Woori Credit Information Co., Ltd.		Dividend income			260			484
Woori Fund Service Co., Ltd.		Dividend income			1,276			1,392
Woori FIS Co., Ltd.		General and administrative expenses			2,625			3,166
Woori Finance Research Institute Co., Ltd.		Fees and commissions expenses			4,540			4,330
Associates of subsidiaries
W Service Networks Co., Ltd.		General and administrative expenses			72			95
(*1)	The Company has issued non-guarantee debenture amount of<br>1,110,000 million Won during the six-month period ended June 30, 2026 and Woori Investment Securities Co., Ltd purchased 40,000 million Won out of 1,110,000 million Won issued. The underwriting fee amount of 40 million Won<br>is included in the issuance cost. The Company has issued Unsecured bonds amount of 600,000 million Won during the six-month period ended June 30, 2025 and Woori Investment Securities Co., Ltd purchased 40,000 million Won out of<br>600,000 million Won issued. The underwriting fee amount of 40 million Won is included in the issuance cost.
:---	:---
(*2)	The depreciation of<br>right-of-use assets and interest expense of lease liabilities arising from lease transactions during the current term and prior term are included.
:---	:---

39 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(3)	The details of the right-of-use<br>assets and lease liabilities due to lease transactions with related parties as of June 30, 2026 and December 31, 2025 are as follows (Unit: Korea Won in millions):
Related parties				Title of account		June 30, 2026			December 31, 2025
---	---	---	---	:---:	---	:---:	---	---	:---:	---
Subsidiaries		Woori Bank		Right-of-use assets			1,273			2,895
				Lease liabilities (*)			1,502			2,906
		Woori Financial Capital Co., Ltd.		Right-of-use assets			332			405
				Lease liabilities (*)			356			435
(*)	Cash outflows of lease liabilities redemption for the six-month periods ended June 30, 2026 and 2025 are<br>1,565 million Won and 1,491 million Won, respectively.
:---	:---
(4)	The details of loan and borrowing transactions with related parties for the<br>six-month periods ended June 30, 2026 and 2025 are as follows (Unit: Korea Won in millions):
:---	:---
				Title of account		For the six-month period ended June 30, 2026
---	---	---	---	:---:	---	:---:	---	---	---	---	---	---	---	---	---	---
Related parties (*1)						Beginning<br>balance			Increase			Decrease			Ending<br>balance
Subsidiary		Woori Bank		Due from banks (*2)			465,000			1,274,000			1,509,000			230,000
(*1)	For the 1,110,000 million Won of unsecured bonds issued during the six-month period ended June 30,<br>2026, 40,000 million Won was purchased by Woori Investment Securities Co., Ltd and the entire amount was sold to the market on the date of issuance.
:---	:---
(*2)	Excludes due from banks without withdrawal limitations.
:---	:---
				Title of account		For the six-month period ended June 30, 2025
---	---	---	---	:---:	---	:---:	---	---	---	---	---	---	---	---	---	---
Related parties (*1)						Beginning<br>balance			Increase			Decrease			Ending<br>balance
Subsidiary		Woori Bank		Due from banks (*2)			1,274,000			4,587,000			5,304,000			557,000
(*1)	For the 600,000 million Won of unsecured bonds issued during the six-month period ended June 30,<br>2025, 40,000 million Won was purchased by Woori Investment Securities Co., Ltd and the entire amount was sold to the market.
:---	:---
(*2)	Excludes due from banks without withdrawal limitations.
:---	:---
(5)	The details of equity-related transactions with related parties are as follows (Unit: Korean Won in million) :
:---	:---
				For the six-month period ended June 30, 2026
---	---	---	---	:---:	---
Related parties				Acquisition of interests (*2)
Subsidiary		Woori Investment Securities Co., Ltd. (*1)			1,001,629
(*1)	During the six-month period ended June 30, 2026, the Company<br>acquired an additional 0.1% equity interest in Woori Investment Securities Co., Ltd., thereby making it a wholly owned subsidiary, and subsequently made a capital contribution of 1,000,000 million Won through a<br>paid-in capital increase.
:---	:---
(*2)	The book value related to equity can be referred to in Note 6 and Note 9.
:---	:---
				For the six-month period ended June 30, 2025
---	---	---	---	:---:	---	---	---	---
Related parties				Acquisition of Hybrid<br>securities (*2)			Disposal of Hybrid<br>securities (*2)
Subsidiary		Woori Card Co., Ltd.(*1)			150,000			150,000
(*1)	For the six-month period ended June 30, 2025, Woori Card Co., Ltd. early redeemed hybrid securities<br>amounting to 150,000 million Won through the exercise of a call option and acquired newly issued hybrid securities of 150,000 million Won from Woori Card Co., Ltd.
:---	:---
(*2)	The book value related to equity can be referred to in Note 6 and Note 9.
:---	:---

40 -

WOORI FINANCIAL GROUP INC.

NOTES TO THE SEPARATE INTERIM FINANCIAL STATEMENTS

AS OF JUNE 30, 2026 AND 2025 (UNAUDITED)

(6)	There are no guarantees provided to the related parties. The unused commitments and payment guarantees provided<br>from the related parties are as follows (Unit: Korean Won in millions):
Related parties				June 30, 2026			December 31, 2025			Warranty
---	---	---	---	:---:	---	---	:---:	---	---	:---:	---
Subsidiary		Woori Card Co., Ltd.			36,957			647			Unused loan commitment
(7)	Compensation for key management is as follows (Unit: Korean Won in millions):
:---	:---
		For the six-month periods ended June 30
---	---	:---:	---	---	---	---
		2026			2025
Short-term employee salaries			3,286			2,735
Retirement benefit service costs			86			62
Share-based compensation			1,682			3,423

Total			5,054			6,220

Key management includes registered executives and non-registered executives. The Company has not recognized any outstanding assets, allowance and related impairment loss due to credit losses from transaction with key management as of June 30, 2026 and December 31, 2025. Liabilities related to key management compensation are 17,994 million Won and 20,063 million Won as of June 30, 2026 and December 31, 2025, respectively.

27.	EVENTS AFTER THE REPORTING PERIOD
(1)	On July 24, 2026, the Board of Directors has declared to pay a quarterly dividend of 220 Won per share<br>(total dividend of 159,937 million Won), with the record date set as of August 10, 2026, and the dividends will be paid on August 31, 2026.
:---	:---
(2)	On April 29, 2026, the Company entered into a share exchange agreement with its subsidiary, Tongyang Life<br>Insurance Co., Ltd., pursuant to which 0.2521056 shares of the Company’s common stock will be delivered on August 11, 2026 to the shareholders of Tongyang Life Insurance Co., Ltd., other than the Company, for each one share of common<br>stock of Tongyang Life Insurance Co., Ltd.
:---	:---

On July 24, 2026, the comprehensive share exchange was approved by the Company’s Board of Directors in lieu of a shareholders’ meeting and by the shareholders’ meeting of Tongyang Life Insurance Co., Ltd.

The new shares of the Company to be issued in connection with this transaction are scheduled to be listed on August 31, 2026.

(3)	On July 24, 2026, the Company’s Board of Directors resolved to acquire and retire treasury shares.<br>Accordingly, the Company plans to acquire treasury shares in the amount of 150 billion Won through a trust agreement during the period from July 24, 2026 to January 22, 2027, and subsequently retire all shares acquired pursuant to<br>this transaction.

41 -

WF 6-K