Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
November 22 2023 - 6:12AM
Edgar (US Regulatory)
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 November 2023
Commission File Number 001-13372
KOREA ELECTRIC POWER CORPORATION
(Translation of registrants 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 November 17, 2023 and seeks the attendance of its shareholders. Shareholders who are registered in the KEPCOs shareholders registry on November 13, 2023
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 2023 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.
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1. |
Date / Time: December 11, 2023 / 11:00 a.m. (Seoul Time) |
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2. |
Location: 55 Jeollyeok-ro,
Naju-si, Jeollanam-do, 58322, The Republic of Korea KEPCO Headquarter |
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3. |
Item to be Reported: Audit Report |
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4. |
Agenda for Shareholder Approval: |
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1) |
Election of a Standing Director |
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2) |
Election of a Non-Standing Director as a Member of the Audit Committee
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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.
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By: |
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/s/ Park, WooGun |
Name: |
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Park, WooGun |
Title: |
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Vice President |
Date: November 22, 2023
Attachment
Agenda 1. Election of a Standing Director
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Date of Birth : February 1, 1966 |
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Current Position in KEPCO : Vice President & Head of Transmission & Substation Construction
Department (from Nov. 2021 and on) |
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Previous Positions in KEPCO |
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Director General of Transmission & Substation Department under Regional Headquarters KEPCO
Daejeon-Sejong-Chungnam (from Dec. 2020 to Nov. 2021) |
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Director General of Ulsan Regional Office under Regional Headquarters KEPCO Busan-Ulsan (from Dec. 2019 to Dec.
2020) |
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Assistant Vice President & Head of Transmission Construction Team under Transmission &
Substation Construction Department (from Jan. 2019 to Dec. 2019) |
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Trainee of the Advanced Management Program of Seoul National University (from Mar. 2018 to Jan. 2019)
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General Manager of Transmission Team of Gangjin Regional Transmission & Substation Management Office
under Regional Headquarters KEPCO Gwangju-Jeonnam (from Jan. 2017 to Mar. 2018) |
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General Manager of Transmission Operations Team under Transmission & Substation Operations Department
(from Jan. 2016 to Jan. 2017) |
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General Manager of Transmission Construction Team under Transmission & Substation Construction
Department (from Apr. 2015 to Jan. 2016) |
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General Manager of Transmission Operations Team under Transmission & Substation Operations Department
(from Dec. 2013 to Apr. 2015) |
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Nominated by : President & CEO of KEPCO |
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Relationships with the largest shareholder of KEPCO : None |
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Transactions with KEPCO in the last three years : None |
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Management Positions in any Insolvent Enterprise : None |
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Disqualifications under relevant laws : None |
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Term of Office as Standing and Executive Director in KEPCO : Two Years |
Mr. Seo, Chul-Soo is nominated as a standing director of KEPCO as he has proved outstanding
capabilities and work performances during his tenure in various positions in KEPCO, such as Vice President & Head of Transmission & Substation Construction Department, Director General of Transmission & Substation
Department under Regional Headquarters KEPCO Daejeon-Sejong-Chungnam and Assistant Vice President & Head of Transmission Construction Team under Transmission & Substation Construction Department.
The nominee is an expert in construction of transmission & substation facilities and power grids with extensive knowledge and experience in the power
industry. He has successfully performed diverse tasks in KEPCO including constructing electric power systems and grids in a timely manner, drafting plans to provide transmission facilities needed in national high-tech industries and developing new
construction methods and materials preparing for the future.
If the nominee is elected as a standing director, his expertise and experiences will
contribute to enhancing shareholder values by achieving successful results such as establishing construction strategies for transmission & substation facilities and power grids, preemptively securing new technologies and ensuring a stable
power supply.
Agenda 2. Election of a Non-Standing Director as a Member of
the Audit Committee
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Date of Birth: February 11, 1957 |
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Professor of Accounting and Taxation at College of Management, Kyung Hee University (from Mar. 2003 to Feb.
2022) |
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Member of Electricity Regulatory Commission (from Sep. 2014 to Aug. 2017) |
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Member of National Economic Advisory Council (from Mar. 2010 to Feb. 2011) |
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Member of Management Evaluation Team for the Management Performance Evaluation on Public Institutions in
accordance with the Act on the Management of Public Institutions (from Mar. 2003 to Feb. 2004) |
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Nominated by : Board of Directors of KEPCO |
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Relationships with the largest shareholder of KEPCO : None |
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Transactions with KEPCO in the last three years : None |
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Management positions in any insolvent enterprise : None |
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Disqualifications under relevant laws : None |
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Term of Office as Non-standing and
Non-executive director in KEPCO : Two years |
Ms. Kim, Sung-Eun is nominated as a
non-standing director as a member of the Audit Committee of KEPCO as she holds a wealth of expertise in accounting and finance as a certified public accountant and a professor in financial accounting, and has shown her profound understandings while
serving as a member of Electricity Regulatory Commission and Management Evaluation Team for the Management Performance Evaluation on Public Institutions in accordance with the Act on the Management of Public Institutions.
If the nominee is appointed as a non-standing director as a member of the Audit Committee, it is expected that she
would demonstrate her expertise in managing overall businesses, especially in the fields of internal control and financial management, and contribute to enhancing shareholder values as well as inheriting the professionalism and independence of the
Audit Committee with her audit experiences in business accounting.
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:
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Type |
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Gender |
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Name |
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Current Title |
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Director Position held Since |
Standing
Director |
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Male |
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Kim, Dong-Cheol |
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President & Chief Executive Officer |
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Sep. 19, 2023 |
Standing
Director |
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Male |
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Jun, Young-Sang |
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Comptroller & Auditor General and Member of the Audit Committee |
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Mar. 7, 2023 |
Standing
Director |
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Male |
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Lee, Jung-Bok |
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Corporate Senior Executive Vice President and Chief Business Management Officer |
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Feb. 27, 2023 |
Standing
Director |
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Male |
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Lee, Jun-Ho |
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Corporate Senior Executive Vice President and Chief Safety Officer & Chief Business Operations Officer |
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Feb. 27, 2023 |
Standing
Director |
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Male |
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Seo, Guen-Bae |
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Corporate Senior Executive Vice President and Chief Global & Nuclear Business Officer |
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Jun. 26, 2023 |
Standing
Director |
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Male |
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Seo, Chul-Soo |
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Corporate Senior Executive Vice President and Chief Power Grid Officer |
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Newly Elected |
Non-standing
Director |
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Male |
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Han, Jin-Hyun |
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Non-Executive Director and Chairperson of the Board of Directors |
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Aug. 30, 2023 |
Non-standing
Director |
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Male |
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Lee, Kye-Sung |
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Non-Executive Director |
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Jul. 9, 2021 |
Non-standing
Director |
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Female |
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Kim, Jae-Shin |
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Non-Executive Director and the Chairperson of the Audit Committee |
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Jul. 9, 2021 |
Non-standing
Director |
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Male |
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Kim, Jong-Woon |
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Non-Executive Director |
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Aug. 22, 2022 |
Non-standing
Director |
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Male |
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Park, Chung-Kun |
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Non-Executive Director |
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May 2, 2023 |
Non-standing
Director |
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Male |
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Kim, Jun-Ki |
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Non-Executive Director |
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May 2, 2023 |
Non-standing
Director |
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Female |
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Kim, Sung-Eun |
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Non-Executive Director and Member of the Audit Committee |
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Nov. 8, 2023 |
Non-standing
Director |
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Male |
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Lee, Sung-Ho |
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Non-Executive Director |
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Nov. 8, 2023 |
ø |
As the former Chief Financial & Strategic Planning Officer, Mr. Seo, Guen-Bae has been reassigned
as a Chief Global & Nuclear Business Officer, Mr. Cheong, Jae-Chun, one of our vice presidents, is serving as an interim Chief Financial & Strategic Planning Officer in replacement of
Mr. Seo. |
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