Form 6-K

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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 May 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 First Quarter Business Report

2.	Exhibit 99.1 Woori Financial Group Review Report for 2026 1Q (Consolidated)

3.	Exhibit 99.2 Woori Financial Group Review Report for 2026 1Q (Separate)

Summary of 2026 First Quarter Business Report

Table of Contents


I. INTRODUCTION OF THE COMPANY			5

II. BUSINESS OVERVIEW			5

1. Results of Operations			5

2. Funding Sources and Uses of Funds			5

3. Other Information Necessary for Making Investment Decisions			6

III. FINANCIAL INFORMATION			11

1. Condensed Financial Statements (Consolidated)			11

2. Condensed Financial Statements (Separate)			13

3. Dividend Information			15

IV. INDEPENDENT AUDITOR’S OPINION			16

1. Independent Auditor’s Opinion			16

2. Compensation to the Independent Auditor			16

V. CORPORATE GOVERNANCE			17

VI. SHAREHOLDER INFORMATION			18

1. Share Distribution			18

2. Stock Price and Stock Market Performance			19

VII. DIRECTORS AND EMPLOYEE INFORMATION			19

1. Directors and Executives			19

2. Employee Status			20

3. Directors’ Compensation			20

VIII. INTERNAL CONTROLS			20

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.

Introduction of the Company

This section has been omitted for quarterly business reports, pursuant to Korean regulations (revised in March 2022) that allow for such omissions. For information on this section, please refer to the Form 6-K furnished to the Securities and Exchange Commission on March 13, 2026 under the title “Summary of 2025 Business Report.”

II.

Business Overview

1.	Results of Operations

(units: billions of Won)


Type	2026 1Q		2025		2024
Operating income		808		3,675		4,255
Non-operating income (expense)		40		415		(32	)
Income before income tax		848		4,090		4,223
Income tax expense (-)		209		863		1,051
Net income		639		3,228		3,171
Controlling Interest		604		3,124		3,086
Non-controlling Interest		35		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 1Q						2025						2024
Classification	Funding Source	Average Balance		Interest Rate		Proportion		Average Balance		Interest Rate		Proportion		Average Balance		Interest Rate		Proportion
Source	Deposits		359,250,350		2.19		60.75		358,153,346		2.39		65.89		351,584,810		2.88		69.89
	Borrowings		27,001,356		3.05		4.57		26,198,268		3.32		4.82		28,000,803		4.09		5.57
	Debentures		54,507,182		3.45		9.22		50,418,543		3.62		9.28		43,989,333		4.00		8.74
	Others		111,673,423		—		18.88		72,335,906		—		13.31		44,591,752		—		8.86
	Total Liabilities		552,432,311		—		93.42		507,106,063		—		93.30		468,166,698		—		93.06

Total Equity			38,882,778		—		6.58		36,428,909		—		6.70		34,913,425		—		6.94

Total Liabilities & Equity			591,315,089		—		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 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 Item	2026 1Q						2025						2024
Type	Managed Item	Average Balance		Interest Rate		Proportion		Average Balance		Interest Rate		Proportion		Average Balance		Interest Rate		Proportion
Use	Cash & Due from Banks		23,109,030		2.32		3.91		19,225,891		2.97		3.54		18,441,851		3.38		3.67
	Marketable securities		130,540,206		3.01		22.08		97,528,721		3.34		17.94		76,997,821		3.53		15.31
	Loans		380,148,329		4.28		64.29		369,558,184		4.44		67.99		360,802,414		4.93		71.72
	Loans in local currency		325,206,419		4.02		55.00		318,053,470		4.16		58.52		309,771,603		4.65		61.58
	Loans in foreign currency		36,795,277		5.48		6.22		35,209,643		5.88		6.48		34,224,957		6.58		6.80
	Guarantee payments		21,968		0.39		0.00		11,092		1.44		0.00		11,571		1.96		0.00
	Credit card receivables		13,904,647		7.22		2.35		12,664,469		7.71		2.33		12,224,048		7.33		2.43
	Foreign bills bought		4,220,018		3.85		0.72		3,619,510		4.36		0.66		4,570,235		5.58		0.91
	Bad debt expense in local currency (-)		3,341,839		—		0.57		3,423,791		—		0.63		3,198,795		—		0.65
	Others		60,859,363		—		10.29		60,645,967		—		11.16		50,036,832		—		9.95

Total Assets			591,315,089		—		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 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 period indicated						(units: billions of Won, %)


Type	2026 1Q		2025		2024
Equity capital (A)		40,082		37,800		36,928
Risk weighted assets (B)		241,059		234,542		235,100
BIS(Capital adequacy) ratio (A/B)		16.63		16.12		15.71

Note 1)

BIS (Bank for International Settlements) Capital Adequacy Ratio = Equity capital / Risk weighted assets * 100

Note 2)

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

Note 3)

2026 1Q figures are preliminary and are subject to change.

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 1Q		2025		2024
Woori Bank Note 2)	BIS capital adequacy ratio Note 1)	Equity capital (A)		332,849		312,905		304,302
		Risk weighted assets (B)		1,907,756		1,861,435		1,920,087
		Capital adequacy ratio (A/B)		17.45		16.81		15.85
Tongyang Life Insurance Note 3)	Available capital			43,036		40,595		38,753
	Required capital			23,168		22,573		24,918
	K-ICS ratio Note 4)			185.8		179.8		155.5
Woori Card Note 5)	Adjusted capital ratio			17.54		17.26		17.70
	Tangible common equity ratio			12.21		12.06		12.37
Woori Financial Capital Note 5)	Adjusted capital ratio			15.37		15.77		15.09
	Tangible common equity ratio			12.92		13.18		11.83
Woori Investment Securities Note 6)	Net capital ratio			754.18		905.56		2,098.64
	Debt-to-asset ratio			113.31		114.53		119.41
ABL Life Insurance Note 3)	Available capital			21,222		20,049		16,701
	Required capital			12,619		11,782		10,868
	K-ICS ratio Note 4)			168.17		170.17		153.68
Woori Asset Trust Note 7)	Operating capital ratio			4,357.83		4,610.35		4,057.29
Woori Savings Bank Note 8)	BIS capital adequacy ratio Note 1)			16.54		16.74		16.37
Woori Asset Management Note 5)	Minimum operating capital ratio			649.50		721.18		739.31
Woori Venture Partners Note 9)	Tangible common equity ratio			91.19		92.63		95.70
Woori Private Equity Asset Management Note 5)	Minimum operating capital ratio			7,673.21		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 statements and Basel III standards. 2026 1Q figures are preliminary and are subject to change.

Note 3)

2026 1Q figures are preliminary, and the final figures will be disclosed through Tongyang Life Insurance and ABL Life Insurance’s 2026 1Q quarterly 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 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 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.) / (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 financial statements.

b.	Liquidity Ratios

Won Liquidity Ratios


As of the end of the periods indicated														(units: millions of Won, %)

	2026 1Q						2025						2024
Type	Won Liquidity Assets		Won Liquidity Liabilities		Won Liquidity Ratio		Won Liquidity Assets		Won Liquidity Liabilities		Won Liquidity Ratio		Won Liquidity Assets		Won Liquidity Liabilities		Won Liquidity Ratio
Woori Financial Group Note 1)		1,841,627		885,962		207.9		34,847		15,292		227.9		353,835		10,905		3,244.7
Woori Card Note 2)		9,003,225		3,007,742		299.3		9,660,954		2,808,447		344.0		8,722,587		2,785,182		313.2
Woori Financial Capital Note 2)		1,793,408		1,077,003		166.5		1,444,834		1,162,263		124.3		1,850,758		1,317,695		140.5
Woori Investment Securities Note 3)		6,881,147		5,399,081		127.5		6,515,056		4,938,840		131.9		4,982,461		2,660,153		187.3
Woori Asset Trust Note 3)		157,685		11,015		1,431.6		153,241		10,214		1,500.3		258,758		9,311		2,779.2
Woori Savings Bank Note 3), Note 4)		443,613		376,063		118.0		410,196		351,853		116.6		344,437		216,143		159.4
Woori Venture Partners Note 2)		156,051		10,433		1,495.8		141,886		10,166		1,395.7		136,198		6,877		1,980.4
Woori Private Equity Asset Management Note 3)		19,919		4,743		420.0		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 1Q						2025						2024
Type	Liquidity Assets		Average Insurance Benefits Paid		Liquidity Ratio		Liquidity Assets		Average Insurance Benefits Paid		Liquidity Ratio		Liquidity Assets		Average Insurance Benefits Paid		Liquidity Ratio
Tongyang Life Insurance Note 1)		4,273,036		953,639		448.1		3,742,951		842,985		444.0		4,157,512		915,959		453.9
ABL Life Insurance Note 1)		2,166,947		423,150		512.1		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 three months of maturity).

Foreign Currency (FC) Liquidity Ratios

As of the end of the periods indicated

(units: millions of Won, %)

Type

2026 1Q

2025

2024

FC
Liquidity
Assets

FC
Liquidity
Liabilities

FC
Liquidity
Ratio

FC
Liquidity
Assets

FC
Liquidity
Liabilities

FC
Liquidity
Ratio

FC
Liquidity
Assets

FC
Liquidity
Liabilities

FC
Liquidity
Ratio

Woori Investment Securities Note 1)

20,211

4,516

447.5

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	2026 1Q			2025		2024
Woori Bank	Liquidity coverage ratio Note 1)		110.18			107.64		104.79
	Foreign currency liquidity coverage ratio Note 2)		186.54			160.56		184.29
	Ratio of business purpose premises and equipment		15.25 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 March 31, 2026 and December 31, 2025, and 97.5% as of December 31, 2024, respectively.

Note 2)

Foreign currency LCR: ratio calculated based on averages of the amount of each category (same as the 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: 1Q 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 1Q				2025				2024
Type	ROA		ROE		ROA		ROE		ROA		ROE
Woori Financial Group
Including non-controlling interests		0.42		6.91		0.58		9.31		0.61		9.60
Excluding non-controlling interests		0.40		6.53		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 balance of each quarter.

Note 2)

On an annualized basis, based on the applicable standards for business reports submitted to the Financial Supervisory Service.

d.	Asset Quality

Group Asset Quality

(units: billions of Won, %)


Type	2026 1Q		2025		2024

Total loans		405,358		399,970		390,066
Substandard and below loans		2,757		2,517		2,211
Substandard and below loans ratio		0.68		0.63		0.57
Non-Performing Loans (“NPL”)		2,365		2,172		1,786
NPL ratio		0.58		0.54		0.46
Substandard and below coverage ratio (A/B)		124.8		129.9		153.0
Loan loss reserve (A)		3,439		3,268		3,382
Substandard and below loans (B)		2,757		2,517		2,211

Note 1)

Based on the applicable standards for financial holding company business reports submitted to the Financial Supervisory Service.

Note 2)

2026 1Q figures are preliminary and are subject to change.

Asset Quality for Significant Subsidiaries and Consolidated Companies

(units: % )


Type	2026 1Q						2025						2024
Type	Substandard and below ratio		NPL ratio		Substandard and below coverage ratio		Substandard and below ratio		NPL ratio		Substandard and below coverage ratio		Substandard and below ratio		NPL ratio		Substandard and below coverage ratio

Woori Bank Note 1)		0.33		0.26		161.11		0.31		0.25		172.55		0.23		0.19		247.44
Woori Card Note 2)		1.45		—		103.56		1.23		—		104.03		1.07		—		105.46
Woori Financial Capital Note 2)		2.06		—		107.02		1.93		—		111.48		1.91		—		134.18
Woori Investment Securities Note 2), Note 3)		8.55		—		44.38		6.23		—		69.21		7.29		—		84.37
Woori Asset Trust Note 2)		74.52		—		—		74.04		—		—		77.68		—		—
Woori Savings Bank Note 2), Note 4)		5.73		—		75.20		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 Woori Investment Bank.

Note 4)

Based on K-GAAP.

(units: % )

Type Note1)

2026 1Q

2025

2024

Risk-Weighted
Non-Performing
Asset Ratio

Tongyang Life Insurance

0.11

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)				(units: millions of Won)

Classification	2026 1Q		2025		2024
ASSETS
Cash and cash equivalents		34,570,474		38,499,679		27,281,123
Financial assets at fair value through profit or loss (“FVTPL”)		37,038,061		34,245,475		25,202,672
Financial assets at fair value through other comprehensive income		81,760,313		83,499,522		43,797,745
Securities at amortized cost		18,767,880		18,707,459		19,203,177
Loans and other financial assets at amortized cost		424,243,666		412,495,783		398,471,816
Investments in joint ventures and associates		1,799,458		2,080,008		1,748,810
Reinsurance contracts		587,391		620,207		—
Investment properties		1,022,407		998,854		450,788
Premises and equipment		6,013,187		3,780,817		3,370,585
Intangible assets and goodwill		1,062,358		1,056,647		1,091,402
Assets held for sale		406,452		168,491		73,989
Net defined benefit asset		11,390		20,558		146,109
Current tax assets		260,281		228,229		61,613
Deferred tax assets		365,576		413,649		72,937
Derivative assets (designated for hedging)		150,822		217,180		175,191
Other assets		4,525,584		4,424,728		4,605,363

Total assets		612,585,300		601,457,286		525,753,320

LIABILITIES
Financial liabilities at FVTPL		8,678,213		6,356,934		9,896,597
Deposits due to customers		372,424,821		376,580,845		366,821,156
Borrowings		34,659,852		34,183,267		30,117,031
Debentures		53,430,972		55,583,392		48,207,103


Classification	2026 1Q		2025			2024
Insurance contracts		43,597,894		45,573,864			—
Reinsurance contracts		180,461		184,792			—
Investment contract liabilities		3,378,712		3,433,611			—
Provisions		788,615		790,733			611,428
Net defined benefit liability		131,926		115,091			5,424
Current tax liabilities		751,455		723,368			127,126
Deferred tax liabilities		1,200,756		504,828			858,822
Derivative liabilities (designated for hedging)		1,110,170		615,361			102,815
Other financial liabilities		51,463,258		38,118,058			32,314,051
Other liabilities		881,887		833,894			796,498

Total liabilities		572,678,992		563,598,038			489,858,051

EQUITY
Owners’ equity:		38,008,000		36,017,339			34,096,836
Capital stock		3,802,676		3,802,676			3,802,676
Hybrid securities		3,710,454		3,710,498			3,810,435
Capital surplus		933,168		933,436			934,100
Other equity		764,168		(1,219,327	)		(1,400,885	)
Retained earnings		28,797,534		28,790,056			26,950,510
Non-controlling interests		1,898,308		1,841,909			1,798,433

Total equity		39,906,308		37,859,248			35,895,269

Total liabilities and equity		612,585,300		601,457,286			525,753,320

Number of Consolidated Subsidiaries (excluding holding company)		204		203			188

Summary Consolidated Statement of Comprehensive Income


(The Company and its consolidated subsidiaries, for the periods indicated)		(units: millions of Won, except per share amounts)

Classification	2026 1Q			2025 1Q		2025			2024
Operating income		808,155			869,263		3,674,808			4,255,190
Net interest income		2,303,153			2,251,991		9,030,769			8,886,336
Net fees and commissions income		576,830			511,434		2,160,404			2,086,170
Dividend income		140,732			69,824		484,465			310,320
Net insurance income		67,557			—		103,871			—
Other insurance finance income and expenses		(197,305	)		—		(378,130	)		—
Net gain or loss on financial instruments at FVTPL		439,251			202,368		725,939			1,492,783
Net gain or loss on financial assets at FVTOCI		10,703			33,257		130,620			96,620
Net gain or loss arising on financial assets at amortized cost		8,885			19,805		107,667			286,885



Classification	2026 1Q			2025 1Q			2025			2024
Impairment losses due to credit loss		(526,782	)		(435,501	)		(2,102,814	)		(1,716,295	)
General and administrative expenses		(1,422,809	)		(1,306,172	)		(5,179,621	)		(4,468,973	)
Other net operating expenses		(592,060	)		(477,743	)		(1,408,362	)		(2,718,656	)
Non-operating income (expenses)		40,037			(4,668	)		415,358			(32,343	)
Net income before income tax expense		848,192			864,595			4,090,166			4,222,847
Income tax expense		(208,759	)		(210,039	)		(862,658	)		(1,051,378	)
Net income		639,433			654,556			3,227,508			3,171,469
Net income attributable to owners		604,318			616,691			3,124,346			3,085,995
Net income attributable to the non-controlling interests		35,115			37,865			103,162			85,474
Other comprehensive income (loss), net of tax		2,140,792			(32,223	)		176,770			382,719
Items that will not be reclassified to profit or loss		1,814,937			(86,879	)		90,547			(200,341	)
Items that may be reclassified to profit or loss		325,855			54,656			86,223			583,060

Total comprehensive income		2,780,225			622,333			3,404,278			3,554,188

Comprehensive income attributable to the owners		2,688,133			588,070			3,251,616			3,454,620
Comprehensive income attributable to non-controlling interests		92,092			34,263			152,662			99,568
Net income per share:
Basic and diluted income per share (in Korean Won)		774			781			4,052			3,950

2.	Condensed Financial Statements (Separate)

Summary Statement of Financial Position


(The Company, as of the end of the periods indicated)		(units: millions of Won)


Classification	2026 1Q		2025		2024
ASSETS
Cash and cash equivalents		1,485,933		489,321		1,185,912
Financial assets at fair value through other comprehensive income		551,861		558,162		553,518
Loans and other financial assets at amortized cost		867,389		707,142		204,431
Investments in subsidiaries		25,599,124		25,597,495		24,206,017
Premises and equipment		3,861		4,763		5,304
Intangible assets		3,086		2,961		3,308
Net defined benefit asset		440		2,108		1,378
Current tax assets		34,247		26,295		33,120
Deferred tax assets		6,743		5,810		4,379
Other assets		430		315		155,670

Total assets		28,553,114		27,394,372		26,353,037

LIABILITIES


Classification	2026 1Q			2025		2024
Debentures		2,717,637			2,667,525		2,037,567
Provisions		1,559			1,897		1,252
Current tax liabilities		708,717			673,217		84,701
Other financial liabilities		681,374			95,822		76,382
Other liabilities		3,563			5,967		404

Total liabilities		4,112,850			3,444,428		2,200,306

EQUITY
Capital stock		3,802,676			3,802,676		3,802,676
Hybrid securities		3,710,228			3,710,228		3,810,225
Capital surplus		8,120,236			8,120,236		11,120,236
Other equity		(103,329	)		2,607		(1,189	)
Retained Earnings		8,910,453			8,314,197		5,420,783

Total equity		24,440,264			23,949,944		24,152,731

Total liabilities and equity		28,553,114			27,394,372		26,353,037

Summary Statement of Comprehensive Income


(The Company, for the periods indicated)		(units: millions of Won, except per share amounts)


Classification	2026 1Q			2025 1Q			2025			2024
Operating income		1,195,951			1,397,416			1,294,715			1,123,301
Net interest income (expense)		(15,891	)		(8,203	)		(44,526	)		2,128
Interest income		2,990			8,610			28,296			51,778
Interest expense		(18,881	)		(16,813	)		(72,822	)		(49,650	)
Net fees and commissions loss		(7,017	)		(4,781	)		(26,879	)		(20,319	)
Fees and commissions income		443			459			1,816			1,625
Fees and commissions expense		(7,460	)		(5,240	)		(28,695	)		(21,944	)
Dividend income		1,243,373			1,429,225			1,448,486			1,208,522
Reversal (Provision) of impairment losses due to credit loss		(655	)		(404	)		56			608
General and administrative expenses		(23,859	)		(18,421	)		(82,422	)		(67,638	)
Non-operating expenses		—			(6	)		(170,511	)		(147	)
Net income before income tax expense		1,195,951			1,397,410			1,124,204			1,123,154
Income tax benefit (expense)		(1,008	)		(1,345	)		2,836			178
Net income		1,194,943			1,396,065			1,127,040			1,123,332
Other comprehensive income, net of tax		(5,118	)		1,726			3,562			9,138
Items that will not be reclassified to profit or loss		(5,118	)		1,726			3,562			9,138
Net gain on valuation of equity securities at FVTOCI		(4,569	)		2,686			3,328			10,164


Classification	2026 1Q			2025 1Q			2025		2024
Remeasurement of the net defined benefit liability		(549	)		(960	)		234		(1,026	)

Total comprehensive Income		1,189,825			1,397,791			1,130,602		1,132,470

Net Income per share:
Basic and diluted income per share (in Korean Won)		1,577			1,828			1,326		1,296

3.	Dividend Information

Dividend Data for the Past 3 Years – Key Indicators


Items		2026 1Q		2025		2024
Par value per share (Won)			5,000		5,000		5,000
Net profit (Millions of Won)			604,318		3,124,346		3,085,995
Earnings per share (Won)			774		4,052		3,950
Total cash dividends (Millions of Won)			160,527		998,468		891,045
Total stock dividends (Millions of Won)			—		—		—
Cash dividend payout ratio (%)			26.56		31.96		28.87
Cash dividend yield (%)	Common Shares		0.6		4.4		6.9
Cash dividend yield (%)	Preferred Shares		—		—		—
Stock dividend yield (%)	Common Shares		—		—		—
Stock dividend yield (%)	Preferred Shares		—		—		—
Cash dividend per share (Won)	Common Shares		220		1,360		1,200
Cash dividend per share (Won)	Preferred Shares		—		—		—
Stock dividend per share (Share)	Common Shares		—		—		—
Stock dividend per share (Share)	Preferred Shares		—		—		—

Note 1)

The dividends for the first quarter of 2026 were KRW 160,527 million (KRW 220 per share), as determined through a board resolution on April 24, 2026.

Note 2)

The dividends for FY2025 include quarterly dividends of KRW 147,428 million (KRW 200 per share) for the 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 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 the first quarter of 2026 and FY2025 are calculated as the percentage of cash dividend per share to 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 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 1Q	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 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 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 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 1Q

KPMG Samjong Accounting Corp.

1Q/1H/3Q Review

Closing audit (including internal

accounting management system)

KRW 1,049 million

10,009 hours

KRW 206 million

1,442 hours

2025

KPMG Samjong Accounting Corp.

1Q/1H/3Q Review

Closing audit (including internal

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

Closing audit (including internal

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 1Q	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 Execution of Agreement	Description of Service	Service Term	Fees
2026 1Q	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

VI. Shareholder Information

1.	Share Distribution

a.	Share Information of the Largest Shareholder and Specially Related Parties


As of March 31, 2026		(units: shares, %)


				Shares Held								Notes
Name	Relation	Type		Beginning balance				Ending balance
				Number		Share		Number		Share
Employee Stock Ownership Association of Woori Financial Group	The largest shareholder		Common		42,182,950		5.75		40,309,369		5.49		—
Employee Stock Ownership Association of Woori Bank	Specially related party of the largest shareholder		Common		14,753,107		2.01		13,479,191		1.84		—
Total			Common		56,936,057		7.76		53,788,560		7.33		—
			Others		—		—		—		—		—

b.	Changes in the largest shareholder


As of March 31, 2026		(units: shares, %)

Date of Change

Largest Shareholder

Number
Held

Share

Reason for Change

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, 2021 titled “Changes in the Largest Shareholder.”

c.	Share Ownership of More Than 5%

2.	Stock Price and Stock Market Performance

VII. Directors and Employee Information

1.	Directors and Executives


As of March 31, 2026		(units: shares)

Position

Name

Common
Shares
Owned

Term

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, 2026

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 FY2029.

Note 2)

The terms of independent directors In-Sub Yoon, Choon-Soo Kim, 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: 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 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 current position for non-registered officers or directors.

2.	Employee Status

3.	Directors’ Compensation

VIII. Internal Controls

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: May 15, 2026	By:	/s/ Seong Min Kwak
		(Signature)
		Name: Seong Min Kwak
		Title: Deputy President