Effective as of January 11, 2019, Woori Financial Group Inc. (“Woori Financial Group”) was established as the financial holding
company of WoorBank, and Woori Bank became a wholly-owned subsidiary of Woori Financial Group, pursuant to a “comprehensive stock transfer” under Article 360-15 of the Korean Commercial Code (the “Stock Transfer”).


INFORMATION FOR CERTAIN SHAREHOLDERS

IRS FORM 8937 “Report of Organizational Actions Affecting Basis of Securities” is being made available by Woori Bank, pursuant to
U.S. Internal Revenue Code Section 6045B, which requires issuers to report certain organizational actions that affect the U.S. tax basis of Securities in the hands of shareholders and additional information about the organizational actions’ effect on basis.
The purpose of the disclosure is to assist holders of common stock and ADSs in determining the impact of the organizational actions
discussed herein on the tax basis of their common stock and ADSs, as applicable, of Woori Bank. However, the information contained
in this tax disclosure does not constitute tax advice and does not take into account any shareholder’s specific circumstances.
Shareholders are urged to consult with their own tax advisors concerning the U.S. tax consequences of such organizational actions.
This IRS Form 8937 completed in 2019, is available for download on the Investor Relations section of Woori Financial Group’s website and will be available until 2029.

Effective November 1, 2014, Woori Finance Holdings Co., Ltd. completed its merger with and into Woori Bank, its wholly-owned subsidiary, as contemplated by the merger agreement dated July 28, 2014, by and between Woori Finance Holdings and Woori Bank.



INFORMATION FOR CERTAIN SHAREHOLDERS

IRS FORM 8937 “Report of Organizational Actions Affecting Basis of Securities” is being made available by Woori Finance Holdings Co., Ltd. pursuant to U.S. Internal Revenue Code Section 6045B, which requires issuers to report certain organizational actions that affect the U.S. tax basis of securities in the hands of shareholders and additional information about the organizational actions’ effect on basis.

The purpose of this disclosure is to assist holders of common stock and ADSs in determining the impact of the organizational actions discussed herein on the tax basis of their common stock and ADSs, as applicable, of Woori Finance Holdings Co., Ltd. However, the information contained in this tax disclosure does not constitute tax advice and does not take into account any shareholder’s specific circumstances. Shareholders are urged to consult with their own tax advisors concerning the U.S. tax consequences of such organizational actions.

This IRS Form 8937 and attachment, completed in 2014, are available for download on the Investor Relations section of Woori Bank’s website and will be available until 2024.

IRS Form 8937

Date	Form 8937
05/01/2014	Spin-Off and Share Consolidation	Form8937.pdf	Attachment.pdf
11/01/2014	Merger	Form8937.pdf
01/11/2019	Stock Transfer	Form8937.pdf