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 December 2024

Commission File Number 001-13372

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Korea

(Address of principal executive offices)

 

 

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 ☐

 

 

 


Korea Electric Power Corporation (“KEPCO”) hereby calls the extraordinary general meeting of shareholders (“EGM”) pursuant to a board resolution adopted on December 20, 2024 and seeks the attendance of its shareholders. Shareholders who are registered in the KEPCO’s shareholders’ registry on December 2, 2024 will be entitled to exercise their voting rights at this EGM.

The following is an English translation of the notice given to the shareholders in connection with the EGM:

To: Shareholders

From: Kim, Dong-Cheol, President & CEO of KEPCO

We hereby call the fiscal year 2025 EGM pursuant to Article 18 of the Articles of Incorporation of Korea Electric Power Corporation as follows and seek your attendance. Pursuant to Article 542-4 of the Commercial Act of the Republic of Korea, this notice shall be in lieu of notices to be given to the shareholders.

 

  1.

Date / Time: January 6, 2025 / 16:30 (Seoul Time)

 

  2.

Location: 55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Republic of Korea

KEPCO Headquarter

 

  3.

Item to be Reported: Audit Report

 

  4.

Agenda for Shareholder Approval:

 

  1)

Election of a Standing Director

 

   

Ahn, Jung-eun

Details of the proposed agenda for the EGM are attached hereto.


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.

 

By:  

/s/ Joo, Hwa-sik

Name: Joo, Hwa-sik
Title: Vice President

Date: December 20, 2024


Attachment

Agenda 1. Election of a Standing Director

 

   

Ahn, Jung-eun

 

   

Gender : Male

 

   

Date of Birth : December 16, 1966

 

   

Current Position in KEPCO : Interim Corporate Senior Vice President and Chief Business Management Officer (from Dec. 2024 and on)

 

   

Previous Positions in KEPCO

 

   

Executive Vice President and Chief Co-prosperity & Cooperation (Interim Corporate Senior Vice President and Chief Business Management Officer) (from Jul. 2024 to Dec. 2024)

 

   

Executive Vice President and Chief Co-prosperity & Cooperation (from Nov. 2022 to Jul. 2024)

 

   

Vice President and Head of the Office of the President (& CEO) (from Jul. 2021 to Nov. 2022)

 

   

Vice President and Head of Labor Management Cooperation Department (from Dec. 2019 to Jul. 2021)

 

   

Assistant Vice President and Head of Organization Development team under Corporate Planning Department (from Jul. 2018 to Dec. 2019)

 

   

Director General of Pohang Regional Office under Regional Headquarters KEPCO Daegu (from Dec. 2015 to Jul. 2018)

 

   

Nominated by : President & CEO of KEPCO

 

   

Relationships with the largest shareholder of KEPCO : None

 

   

Transactions with KEPCO in the last three years : None

 

   

Tax Delinquency : None

 

   

Management Positions in any Insolvent Enterprise : None

 

   

Disqualifications under relevant laws : None

 

   

Term of Office as Standing and Executive Director in KEPCO : Two Years


The nominee, Mr. Ahn, Jung-eun had exhibited outstanding capabilities and performances in business management during his tenure in various departments at KEPCO.

The nominee is an expert in critical tasks such as organizational and human resource management, policy coordination, and labor relations. Based on his expertise, he had successfully performed diverse tasks in KEPCO, including: improving organizational and workforce efficiency through company-wide assessments; strengthening the safety management system by establishing a dedicated department; introducing job-based remuneration system; achieving the highest rating in the government’s management evaluations for labor relations three consecutive times; and completing the government’s innovation tasks for public institutions.

Provided that the nominee is elected as a standing director, his expertise and experience will help KEPCO normalize its management condition suffering from the financial difficulties, by uniting company-wide efforts including those of the labor union.


Reference to the Shareholders:

Composition of the Board of Directors

After the election as listed in this Notice, the board of directors of KEPCO will be composed of the following individuals:

 

Type

  

Gender

  

Name

  

Current Title

  

Director Position

held Since

Standing

Director

   Male    Kim, Dong-Cheol    President & Chief Executive Officer    Sep. 19, 2023

Standing

Director

   Male    Jun, Young-Sang    Comptroller & Auditor General and Member of the Audit Committee    Mar. 7, 2023

Standing

Director

   Male    Oh, Heung-Bok    Corporate Senior Vice President and Chief Financial & Strategic Planning Officer    Feb. 21, 2024

Standing

Director

   Male    Lee, Jun-Ho    Corporate Senior Vice President and Chief Safety Officer & Chief Operations Officer    Feb. 27, 2023

Standing

Director

   Male    Ahn, Jung-eun    Corporate Senior Vice President and Chief Business Management Officer    Newly Elected

Standing

Director

   Male    Seo, Chul-Soo    Corporate Senior Vice President and Chief Power System Officer    Dec. 11, 2023

Standing

Director

   Male    Seo, Guen-Bae    Corporate Senior Vice President and Chief Global & New Business Officer    Jun. 26, 2023

Non-standing

Director

   Male    Han, Jin-Hyun    Non-Executive Director and Chairperson of the Board of Directors    Aug. 30, 2023

Non-standing

Director

   Male    Kim, Jong-Woon    Non-Executive Director and Member of the ESG Committee    Aug. 22, 2022

Non-standing

Director

   Male    Kim, Jun-Ki   

Non-Executive Director and

Chairperson of the ESG Committee

   May 2, 2023

Non-standing

Director

   Male    Park, Chung-Kun   

Non-Executive Director

(Labor Director)

   May 2, 2023

Non-standing

Director

   Female    Kim, Sung-Eun    Non-Executive Director and Member of the Audit Committee    Nov. 8, 2023

Non-standing

Director

   Male    Lee, Sung-Ho    Non-Executive Director and Member of the Audit Committee    Nov. 8, 2023

Non-standing

Director

   Male    Cho, Seong-Jin    Non-Executive Director    Dec. 4, 2023

Non-standing

Director

   Male    Kang, Hoon    Non-Executive Director and Member of the ESG Committee    May. 1, 2024

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