StockWatch
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Electric Utilities: Central
Corporate GovernanceJul 2, 2026, 10:06 AM

KEPCO Details Corporate Governance & Shareholder Policies

AI Summary

KOREA ELECTRIC POWER CORP (KEPCO) filed its Corporate Governance Report, detailing its governance structure and policies as of May 31, 2026. The report highlights a compliance rate of 73.3% and outlines the composition and functions of its Board of Directors, which includes a majority of non-standing directors and four subcommittees. KEPCO also addresses shareholder rights, including the use of an electronic voting system and its dividend policy, noting a 1,542 KRW per share dividend for FY2025 despite not having a long-term policy due to past deficits.

Key Highlights

  • Corporate Governance Compliance Rate: 73.3% as of May 31, 2026.
  • Board of Directors: Composed of 7 standing and 8 non-standing directors; chaired by a non-standing director.
  • Board Subcommittees: Operates Audit, ESG, Director Nomination, and Power System Committees.
  • Shareholder Participation: Utilizes an electronic voting system for general meetings.
  • Dividend for FY2025: Paid 1,542 KRW per share after returning to profitability.
  • Dividend Policy: No mid-to-long-term policy due to accumulated deficit and changing business environment.
  • Shareholder Meeting Notice: Provided 15-17 days in advance for recent meetings.
  • Related Party Transactions: Internal regulations and monitoring systems are in place.