On January 6, 2017, in response to an official inquiry from the Korea Exchange on press reports regarding potential plans by KB Financial Group Inc. ('KB Financial Group') to increase its stakes in KB Insurance Co. Ltd. ('KB Insurance') and KB Capital Co. Ltd. ('KB Capital') to 100%, KB Financial Group disclosed that it acquired shares in KB Insurance and KB Capital in an aim to diversify its business portfolio and may consider acquisition of additional shares to improve its management efficiency going forward. However, no progress or decision has been made in connection with the above as of such date.

KB Financial Group expects to make further disclosures in the event of any specific developments regarding the above.

KB Financial Group Inc. published this content on 06 January 2017 and is solely responsible for the information contained herein.
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