KOREA ELECTRIC POWER CORP

KOREA ELECTRIC POWER CORP (KEPCO) announced the withdrawal of an arbitration proceeding from the London Court of International Arbitration (LCIA). This action was taken by mutual agreement between the parties to change the dispute resolution forum to the Korean Commercial Arbitration Board (KCAB). As a result of the mutual withdrawal, no settlement amount is applicable. KEPCO's total equity stands at KRW 49,323 billion, based on its consolidated statements for fiscal year 2025.

Korea Electric Power Corporation (KEPCO) announced that its Extraordinary General Meeting (EGM) of shareholders, held on June 17, 2026, approved the election of new management. Shareholders elected two Standing Directors, Baek, Woo-Ki and Chun, Chan-Hyuk, both with 97.4% approval. Additionally, two Non-Standing Audit Committee Members, Jung, Do-Jin and Hwang, Jeong-Hwa, were elected with 99.1% and 98.8% approval, respectively.

Korea Electric Power Corporation (KEPCO) reported its first-quarter 2026 consolidated financial results, with sales increasing to 24,398 billion Won and net income rising to 2,519 billion Won. The company's board also approved the establishment of a foreign subsidiary for the Dawadmi Wind Power Project in Saudi Arabia, indicating strategic international expansion. Additionally, the board approved amendments to the Articles of Incorporation and the maximum aggregate remuneration for directors for 2026.

Korea Electric Power Corporation (KEPCO) will hold an Extraordinary General Meeting (EGM) on June 17, 2026, to approve the election of two Standing Directors and two Non-Standing Audit Committee Members. Baek, Woo-Ki is nominated as Corporate Senior Vice President and Chief Financial & Strategic Planning Officer, while Chun, Chan-Hyuk is proposed as Corporate Senior Vice President and Chief Global & New Business Officer. Additionally, Jung, Do-Jin and Hwang, Jeong-Hwa are nominated as Non-Standing Audit Committee Members, bringing expertise in finance/accounting and legal/ESG, respectively.

KOREA ELECTRIC POWER CORP (KEPCO) announced that Korea Hydro & Nuclear Power Co., Ltd. (KHNP) has initiated arbitration at the Korean Commercial Arbitration Board (KCAB) seeking approximately USD 1.1 billion. The claim pertains to an operational support services contract for the UAE nuclear power plant project. This new arbitration replaces a previous proceeding before the London Court of International Arbitration, which is expected to be withdrawn. KEPCO plans to defend its case.

KOREA ELECTRIC POWER CORPORATION (KEPCO) announced that its Extraordinary General Meeting (EGM) of shareholders, held on May 21, 2026, approved the election of Kim, Tae-Ok. Kim, Tae-Ok will serve as a Standing Director, Comptroller & Auditor General, and Member of the Audit Committee. The agenda was approved as originally proposed, with 87,404,563 shares voting in favor, representing 62.5% of the 139,776,433 attendant shares.

KOREA ELECTRIC POWER CORPORATION (KEPCO) announced its unaudited consolidated and separate results for the first quarter of fiscal year 2026. Consolidated net income increased to 2,519 billion Korean Won, up from 2,362 billion KRW in Q1 2025, while consolidated operating revenues rose to 24,398 billion KRW. Separately, the company reported a net income of 3,239 billion KRW, a significant increase from 2,824 billion KRW in the prior year period. These preliminary estimates are prepared in accordance with K-IFRS and have not been audited.

Korea Electric Power Corporation (KEPCO) announced its plan to release preliminary unaudited consolidated earnings results for the first quarter of 2026 on May 13, 2026. Following the announcement, the company will host a conference call from 5:00 PM to 6:00 PM Seoul Time to discuss these results. The call will offer English interpretation.

KOREA ELECTRIC POWER CORPORATION (KEPCO) announced the appointment of six new non-standing directors by the Minister of the Ministry of Finance and Economy. The new directors, including Lee, Kyung-Sup and Moon, Jae-Do, will serve a two-year term from May 8, 2026, to May 7, 2028. They replace the previous six non-standing directors.

KOREA ELECTRIC POWER CORPORATION (KEPCO) announced an Extraordinary General Meeting (EGM) of shareholders scheduled for May 21, 2026. The primary agenda for shareholder approval is the election of Mr. Kim, Tae-Ok as a Standing Director, Comptroller & Auditor General, and Member of the Audit Committee. Mr. Kim brings extensive experience from his 35-year tenure at KEPCO, including senior executive positions, and is expected to enhance the company's audit capabilities and risk management. The EGM will also include a report on the Audit Report.