# EDGAR Filing Document

**Accession Number:** 0001445930
**File Stem:** 0001193125-26-225058
**Filing Date:** 2026-5
**Character Count:** 785392
**Document Hash:** 473075115c7ece73b9d961ffaf43688a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-225058.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001193125-26-225058

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260515

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KB Financial Group Inc.
- **CENTRAL INDEX KEY:** 0001445930
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-53445
- **FILM NUMBER:** 26981858

**BUSINESS ADDRESS:**
- **STREET 1:** 141, UISADANG-DAERO
- **STREET 2:** YEONGDEUNGPO-GU
- **CITY:** SEOUL
- **STATE:** M5
- **ZIP:** 07332
- **BUSINESS PHONE:** 822-2073-2845

**MAIL ADDRESS:**
- **STREET 1:** 141, UISADANG-DAERO
- **STREET 2:** YEONGDEUNGPO-GU
- **CITY:** SEOUL
- **STATE:** M5
- **ZIP:** 07332

##### [**Table of Contents**](#toc)
**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 May 2026** 

**Commission File Number: 000-53445** 

## KB Financial Group Inc.
**(Translation of registrant's name into English)** 

**26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea** 

**(Address of principal executive office)** 

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 ☐

------

##### [**Table of Contents**](#toc)
**Index** 

**1. [Summary of the 2026 First Quarter Business Report](#tx143854_100)** 

**2. [Exhibit 99.1 KB Financial Group Review Report for the First Quarter of 2026 (Consolidated)](d143854dex991.htm)** 

**3. [Exhibit 99.2 KB Financial Group Review Report for the First Quarter of 2026 (Separate)](d143854dex992.htm)** 

------

##### [**Table of Contents**](#toc)
**TABLE OF CONTENTS** 

---

| | |
|:---|:---|
| **1.** | **[Introduction to the Company](#tx143854_1)** |
| 1.1. | [Business Purpose](#tx143854_2) |
| 1.2. | [History](#tx143854_3) |
| 1.3. | [Overview of the Business Group](#tx143854_4) |
| 1.4. | [Capital Structure](#tx143854_5) |
| 1.5. | [Dividends](#tx143854_6) |
| 1.6. | [Amendments to the Articles of Incorporation](#tx143854_7) |
| **2.** | **[Business](#tx143854_8)** |
| 2.1. | [Results of Operations](#tx143854_9) |
| 2.2. | [Sources and Uses of Funds](#tx143854_10) |
| 2.3. | [Other Information to Consider in Making an Investment Decision](#tx143854_11) |
| **3.** | **[Financial Information](#tx143854_12)** |
| 3.1. | [Consolidated Financial Information](#tx143854_13) |
| 3.2. | [Separate Financial Information](#tx143854_14) |
| 3.3. | [Other Selected Financial Data](#tx143854_15) |
| 3.4. | [Other Financial Information](#tx143854_16) |
| **4.** | **[Independent Public Accountants](#tx143854_17)** |
| 4.1. | [Audit/ Review Services](#tx143854_18) |
| 4.2. | [Public Company Accounting Oversight Board ("PCAOB") Audit Services](#tx143854_19) |
| 4.3. | [Change in Auditor](#tx143854_20) |
| **5.** | **[Corporate Governance and Affiliated Companies](#tx143854_21)** |
| 5.1. | [Board of Directors & Committees under the Board](#tx143854_22) |
| 5.2. | [Audit Committee](#tx143854_23) |
| 5.3. | [Compensation to Directors](#tx143854_24) |
| 5.4. | [Top 5 Highest-Paid Individuals](#tx143854_25) |
| 5.5. | [Stock-based Compensation](#tx143854_26) |
| 5.6. | [Affiliated Companies](#tx143854_27) |
| **6.** | **[Directors, Senior Management and Employees](#tx143854_28)** |
| 6.1. | [Executive Directors](#tx143854_29) |
| 6.2. | [Non-standing Directors](#tx143854_30) |
| 6.3. | [Non-executive Directors](#tx143854_31) |
| 6.4. | [Senior Management](#tx143854_32) |
| 6.5. | [Employees](#tx143854_33) |
| **7.** | **[Major Shareholders and Related Party Transactions](#tx143854_34)** |
| 7.1. | [Major Shareholders](#tx143854_35) |
| 7.2. | [Changes in the Largest Shareholder](#tx143854_36) |
| 7.3. | [Employee Stock Ownership Association](#tx143854_37) |
| 7.4. | [Investments in Affiliated Companies](#tx143854_38) |
| 7.5. | [Related Party Transactions](#tx143854_39) |
| **8.** | **[Internal Controls](#tx143854_40)** |
| 8.1. | [Management's Assessment of the Effectiveness of the Internal Accounting Management System](#tx143854_41) |
| 8.2. | [Audit Committee's Assessment of the Effectiveness of the Internal Accounting Management System](#tx143854_42) |
| 8.3. | [External Auditor's Audit Opinion (Review Report) on the Effectiveness of the Internal Accounting](#tx143854_43) |

---

------

##### [**Table of Contents**](#toc)
**Summary of 2026 First Quarter Business Report** 

On May 15, 2026, KB Financial Group Inc. ("KB Financial Group," the "Company" or the "Group") filed its business report for the first quarter of 2026 (the "Business Report") with the Financial Services Commission of Korea and the Korea Exchange. This is a summary of the Business Report translated into English.

Except where indicated otherwise, financial information contained in this summary have been prepared in accordance with the Korean equivalent of International Financial Reporting Standards ("K-IFRS"), which differ in certain important respects from generally accepted accounting principles in the United States.

All references to "KB Financial Group," "we," "us," the "Company" or the "Group" are to KB Financial Group and, unless the context requires otherwise, its subsidiaries. In addition, all references to "Won" or "KRW" in this document are to the currency of the Republic of Korea.

------

##### [**Table of Contents**](#toc)
**1.** **Introduction to the Company** 

**1.1.** **Business Purpose** 

KB Financial Group is a financial holding company that was established in September 2008. Its main business purpose is to hold shares in companies that are engaged in financial or related services, as well as govern and manage such companies. Its consolidated subsidiaries are primarily engaged in the banking business, as well as the credit card business, the financial investment business, the insurance business and other related businesses.

**1.2.** **History** 

[Not required to be disclosed in quarterly reports]

**1.3.** **Overview of the Business Group** 

[Not required to be disclosed in quarterly reports]

**1.4.** **Capital Structure** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***1.4.1.***  ***Common Shares*** 

**Changes in Capital** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| (As of March 31, 2026) | (As of March 31, 2026) |  |  |  | (Unit: Won, shares) |
| Date | Type | Number of Shares<br>Issued or Cancelled | Par Value | Price | Remarks |
|  September 29, 2008 | Common Stock | 356351693 | 5000 | 48444 | Establishment of the Company |
|  September 2, 2009 | Common Stock | 30000000 | 5000 | 37250 | % increase in number of common shares: 8.41865% |
|  October 19, 2016 | Common Stock | 31759844 | 5000 | 35474 | % increase in number of common shares: 8.22045% |
|  December 12, 2019 | Common Stock | 2303617 | 5000 |  | Share Cancellation<sup>(1)</sup> |
|  February 14, 2022 | Common Stock | 3455426 | 5000 |  | Share Cancellation<sup>(1)</sup> |
|  August 1, 2022 | Common Stock | 3455426 | 5000 |  | Share Cancellation<sup>(1)</sup> |
|  April 4, 2023 | Common Stock | 5385996 | 5000 |  | Share Cancellation<sup>(1)</sup> |
|  August 14, 2024 | Common Stock | 9982649 | 5000 |  | Share Cancellation<sup>(1)</sup> |
|  May 15, 2025 | Common Stock | 12066320 | 5000 |  | Share Cancellation<sup>(1)</sup> |
|  January 15, 2026 | Common Stock | 8611648 | 5000 |  | Share Cancellation<sup>(1)</sup> |

---

Note: (1) The cancelled shares constituted treasury shares acquired pursuant to a resolution of the board of directors of the Company within the limits of profit available for dividend payment, and as such, there was no change in paid-in capital.

**Number of Shares** 

[Not required to be disclosed in quarterly reports]

------

##### [**Table of Contents**](#toc)
***1.4.2. Voting Rights***

---

| | | | |
|:---|:---|:---|:---|
| (As of March 31, 2026) |  |  | (Unit: shares) |
| Items |  | Number of Shares | Notes |
|  Total number of issued shares | Common shares | 372850455 |  |
|  Total number of issued shares | Preferred shares |  |  |
|  Shares without voting rights | Common shares | 17462733 | Treasury shares |
|  Shares without voting rights | Preferred shares |  |  |
|  Shares for which voting rights cannot be exercised pursuant to the Articles of Incorporation |  |  |  |
|  Shares for which voting rights are restricted under relevant laws and regulations |  |  |  |
|  Shares with restored voting rights |  |  |  |
|  Total shares for which voting rights may be exercised | Common shares | 355387722 |  |
|  | Preferred shares |  |  |

---

---

| | |
|:---|:---|
| Notes: (1) | On April 23, 2026, the board of directors of the Company resolved to cancel certain of the Company's existing treasury shares, and accordingly, 14,262,733 of such existing treasury shares are scheduled to be cancelled on May 15, 2026. For more information, please refer to the Company's report on Form 6-K furnished to the Securities and Exchange Commission on April 23, 2026.  |

---

(2) On February 5, 2026, the board of directors of the Company resolved to acquire and cancel certain of the
Company's treasury shares. Pursuant to such resolution, the Company commenced the acquisition of treasury shares on February 6, 2026 and completed such acquisition on April 7, 2026, acquiring a total of 3,899,988 treasury shares.
Such treasury shares are scheduled to be canceled on May 15. For more information, please refer to the Company's report on Form 6-K furnished to the Securities and Exchange Commission on April 9,
2026. (3) On April 23, 2026, the board of directors of the Company resolved to acquire and cancel certain of the
Company's treasury shares. Pursuant to such resolution, the Company commenced the acquisition of treasury shares on April 24, 2026. Such treasury shares are scheduled to be canceled upon completion of the acquisition. Such shares are not
included in the number of "Shares without voting rights" as of March 31, 2026 above.

**1.5.** **Dividends** 

On October 24, 2024, KB Financial Group disclosed a detailed plan to enhance corporate value titled "KB Financial Group's Sustainable Value-up Plan," which includes information on shareholder returns and dividends. The key details of the plan are as outlined below (the full version of the plan can be accessed on KB Financial Group's website at www.kbfg.com).

The Company's goal is to maintain a target ROE of 10% or above, as it strives to improve profitability by enhancing its RoRWA, thereby strengthening its intrinsic corporate value.

The Company also seeks to maintain a target CET1 ratio of 13% or above. It aims to carefully manage its RWA growth rate by taking capital efficiency and profitability into consideration with the goal of maintaining a CET1 ratio in the range of mid-13% throughout the year.

The Company plans to execute its shareholder return policy in two phases. In the first phase, it will aim to utilize the capital in such amount that is equivalent to the amount exceeding 13% of its CET1 ratio as of the end of the previous year for the payment of shareholder returns in the following year. These returns will be supported through quarterly cash dividends (equitably distributed on a total annual basis) and through share buybacks and cancellations. In the second phase, the Company will aim to utilize the capital in such amount that is equivalent to the amount exceeding 13.5% of its CET1 ratio in the second half of the year to pay for additional shareholder returns. These returns, which will be made based on profits accumulated throughout the year, will be executed through share buybacks and cancellations.

These goals and expectations are subject to adjustments based on economic uncertainties, regulatory considerations, capital ratio projections, and the Company's strategic objectives, including potential inorganic growth opportunities.

KB Financial Group's progress report on its Sustainable Value-up Plan is available on its website (www.kbfg.com).

------

##### [**Table of Contents**](#toc)
***1.5.1. Status of implementation of measures to improve dividend procedures under the Articles of Incorporation***

---

| | | |
|:---|:---|:---|
| Items | Year-end dividend | Quarterly dividend |
|  Authority to determine the amount of dividends under the Articles of Incorporation | Annual general meeting of shareholders | Board of directors |
|  Whether it is possible to fix the record date after the amount of dividend has been determined pursuant to the Articles of Incorporation | Yes | Yes |
|  Future plans for implementing improvements to dividend procedures |  |  |

---

***1.5.2. Dividend Confirmation and Record Date Schedule***

---

| | | | | |
|:---|:---|:---|:---|:---|
| Items | Fiscal<br>Year-End | Dividend<br>Payment<br>Status | Dividend Amount<br>Confirmation Date | Record Date |
|  Quarterly Dividend | March 2023 | Yes | April 27, 2023 | March 31, 2023 |
|  Quarterly Dividend | June 2023 | Yes | July 25, 2023 | June 30, 2023 |
|  Quarterly Dividend | September 2023 | Yes | October 24, 2023 | September 30, 2023 |
|  Annual Dividend | December 2023 | Yes | March 22, 2024 | February 29, 2024 |
|  Quarterly Dividend | March 2024 | Yes | April 25, 2024 | March 31, 2024 |
|  Quarterly Dividend | June 2024 | Yes | July 23, 2024 | June 30, 2024 |
|  Quarterly Dividend | September 2024 | Yes | October 24, 2024 | September 30, 2024 |
|  Annual Dividend | December 2024 | Yes | March 26, 2025 | February 28, 2025 |
|  Quarterly Dividend | March 2025 | Yes | May 12, 2025 | May 12, 2025 |
|  Quarterly Dividend | June 2025 | Yes | August 11, 2025 | August 11, 2025 |
|  Quarterly Dividend | September 2025 | Yes | November 14, 2025 | November 14, 2025 |
|  Annual Dividend | December 2025 | Yes | March 26, 2026 | February 27, 2026 |
|  Quarterly Dividend | March 2026 | Yes | May 8, 2026 | May 8, 2026 |

---

---

| | |
|:---|:---|
| Notes: (1) | The dividend amount confirmation dates refer to the date at which both the resolution of the relevant body (the Annual General Meeting of Shareholders or the Board of Directors) and the dividend record date have occurred.  |

---

(2) With respect to annual dividends, the record date was decided through a resolution of the Board of Directors
and announced two weeks in advance. With respect to quarterly dividends: (i) following an amendment to the Articles of Incorporation on March 26, 2025, the record date was decided through a resolution of the Board of Directors within 45
days of the end of the quarter and announced two weeks in advance; and (ii) prior to the amendment of the Articles of Incorporation, the record date was designated to be the end of March, June and September.

------

##### [**Table of Contents**](#toc)
***1.5.3. Key Dividend Indicators***

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | (Unit: in millions of Won, except per share amounts and percentages) | (Unit: in millions of Won, except per share amounts and percentages) | (Unit: in millions of Won, except per share amounts and percentages) | (Unit: in millions of Won, except per share amounts and percentages) |
| Items |  | January 1, 2026 to<br>March 31, 2026<sup>(1)</sup> | January 1, 2025 to<br>December 31, 2025<sup>(2)</sup> | January 1, 2024 to<br>December 31, 2024<sup>(3)</sup> |
|  Par value per share (Won) |  | 5000 | 5000 | 5000 |
| (Consolidated) Net income |  | 1892401 | 5833162 | 5078221 |
| (Consolidated) Earnings per share (Won) |  | 5165 | 15410 | 12880 |
|  Total cash dividends |  | 405088 | 1577774 | 1198257 |
|  Total stock dividends |  |  |  |  |
| (Consolidated) Cash dividend payout ratio (%) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27.0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23.6 |
|  Cash dividend yield (%) | Common shares | 0.7 | 3.2 | 3.5 |
|  Stock dividend yield (%) | Common shares |  |  |  |
|  Cash dividend per share (Won) | Common shares | 1143 | 4367 | 3174 |
|  Stock dividend per share | Common shares |  |  |  |

---

---

| | |
|:---|:---|
| Notes: (1) | Includes a quarterly dividend amount of Won 405,088 million (Won 1,143 per common share) expected to be distributed for the first quarter of fiscal year 2026.  |

---

(2) Includes a quarterly dividend amount of Won 334,339 million (Won 912 per common share) for the first
quarter of fiscal year 2025, a quarterly dividend amount of Won 334,652 million (Won 920 per common share) for the second quarter of fiscal year 2025, a quarterly dividend amount of Won 335,016 million (Won 930 per common share) for the
third quarter of fiscal year 2025, and an annual dividend amount of Won 573,768 million (Won 1,605 per common share) for fiscal year 2025.

(3) Includes a quarterly dividend amount of Won 300,087 million (Won 784 per common share) for the first
quarter of fiscal year 2024, a quarterly dividend amount of Won 299,999 million (Won 791 per common share) for the second quarter of fiscal year 2024, a quarterly dividend amount of Won 299,886 million (Won 795 per common share) for the
third quarter of fiscal year 2024, and an annual dividend amount of Won 298,285 million (Won 804 per common share) for fiscal year 2024.

**1.6.** **Amendments to the Articles of Incorporation** 

[Not required to be disclosed in quarterly reports]

------

##### [**Table of Contents**](#toc)
**2.** **Business** 

**2.1.** **Results of Operations** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| | | | (Unit: in millions of Won) | (Unit: in millions of Won) |
|  | For the three months<br>ended March 31, 2026 | For the three months<br>ended March 31, 2025 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2024 |
|  Net interest income | 3334822 | 3262165 | 13073093 | 12826714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income | 7159729 | 7454941 | 29156100 | 30491385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense | (3824907) | (4192776) | (16083007) | (17664671) |
|  Net fee and commission income | 1359329 | 934048 | 4098287 | 3849627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission income | 1810375 | 1330233 | 5773521 | 5481843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission expense | (451046) | (396185) | (1675234) | (1632216) |
|  Insurance service result | 343641 | 437753 | 1303373 | 1649761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance income | 3132257 | 3107811 | 12376546 | 11456191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance expense | (2788616) | (2670058) | (11073173) | (9806430) |
|  Net gains on financial assets/liabilities at fair value through profit or loss | 366844 | 546218 | 3380205 | 1012081 |
|  Other insurance finance expenses | (354306) | (139570) | (1026721) | (437001) |
|  Net other operating expenses | (64581) | (486424) | (2883075) | (1873011) |
|  General and administrative expenses | (1764914) | (1605565) | (7064573) | (6938624) |
|  Operating profit before provision for credit losses | 3220835 | 2948625 | 10880589 | 10089547 |
|  Provision for credit losses | (493269) | (655597) | (2362878) | (2044286) |
|  Net operating profit | 2727566 | 2293028 | 8517711 | 8045261 |

---

Notes: (1) Based on K-IFRS (on a consolidated basis).

------

##### [**Table of Contents**](#toc)
**2.2.** **Sources and Uses of Funds** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.2.1. Sources of Funds***

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) |
|  |  | For the three months ended<br>March 31, 2026 | For the three months ended<br>March 31, 2026 | For the three months ended<br>March 31, 2026 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2024 | For the year ended<br>December 31, 2024 | For the year ended<br>December 31, 2024 |
|  |  | Average<br>Balance | Interest Rate<br>(%) | Ratio<br>(%) | Average<br>Balance | Interest Rate<br>(%) | Ratio<br>(%) | Average<br>Balance | Interest Rate<br>(%) | Ratio<br>(%) |
|  Won<br> Currency | Deposits | 385233954 | 1.87 | 48.07 | 375826777 | 2.07 | 48.43 | 359346604 | 2.45 | 48.87 |
|  Won<br> Currency | Certificate of deposit | 12772355 | 2.88 | 1.59 | 10813731 | 2.99 | 1.39 | 11148293 | 3.84 | 1.52 |
|  Won<br> Currency | Borrowings | 36392872 | 2.50 | 4.54 | 35428675 | 2.67 | 4.57 | 32774664 | 3.47 | 4.46 |
|  Won<br> Currency | Call money | 1040769 | 2.58 | 0.13 | 1885958 | 2.65 | 0.24 | 1747858 | 3.43 | 0.24 |
|  Won<br> Currency | Debentures | 64567637 | 3.39 | 8.06 | 61625699 | 3.50 | 7.94 | 58497966 | 3.67 | 7.96 |
|  Won<br> Currency | Others | 31315475 | 3.29 | 3.91 | 28701227 | 3.23 | 3.70 | 24034767 | 4.09 | 3.26 |
|  Subtotal | Subtotal | 531323062 | 2.21 | 66.30 | 514282067 | 2.37 | 66.27 | 487550152 | 2.78 | 66.31 |
|  Foreign Currency | Deposits | 44335750 | 2.87 | 5.53 | 40646841 | 3.34 | 5.24 | 37798747 | 4.12 | 5.14 |
|  Foreign Currency | Borrowings | 17228396 | 3.40 | 2.15 | 17858282 | 3.77 | 2.30 | 18638964 | 4.60 | 2.54 |
|  Foreign Currency | Call money | 2148414 | 4.78 | 0.27 | 2007760 | 4.61 | 0.26 | 1796999 | 5.16 | 0.24 |
|  Foreign Currency | Debentures | 15955688 | 3.15 | 1.99 | 15507931 | 3.11 | 2.00 | 14573073 | 3.29 | 1.98 |
|  Foreign Currency | Others | 1899233 | 3.21 | 0.24 | 1558313 | 3.83 | 0.20 | 1166042 | 4.38 | 0.16 |
|  Subtotal | Subtotal | 81567481 | 3.09 | 10.18 | 77579127 | 3.44 | 10.00 | 73973825 | 4.11 | 10.06 |
|  Others | Total shareholders' equity | 61040528 |  | 7.62 | 61917273 |  | 7.98 | 59062845 |  | 8.03 |
|  Others | Allowances | 1267957 |  | 0.16 | 966209 |  | 0.12 | 1530852 |  | 0.21 |
|  Others | Others | 126191304 |  | 15.74 | 121265897 |  | 15.63 | 113145013 |  | 15.39 |
|  Subtotal | Subtotal | 188499789 |  | 23.52 | 184149379 |  | 23.73 | 173738710 |  | 23.63 |
|  Total | Total | 801390332 |  | 100.00 | 776010573 |  | 100.00 | 735262687 |  | 100.00 |

---

Notes: (1) Based on K-IFRS (on a consolidated basis).

------

##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.2.2. Uses of Funds***

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | | | | | | | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) |
|  |  | For the three months ended<br>March 31, 2026 | For the three months ended<br>March 31, 2026 | For the three months ended<br>March 31, 2026 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2025 | For the year ended<br>December 31, 2024 | For the year ended<br>December 31, 2024 | For the year ended<br>December 31, 2024 |
|  |  | Average<br>Balance | Interest Rate<br>(%) | Ratio<br>(%) | Average<br>Balance | Interest Rate<br>(%) | Ratio<br>(%) | Average<br>Balance | Interest Rate<br>(%) | Ratio<br>(%) |
|  Won Currency | Due from banks | 16558878 | 0.59 | 2.07 | 16153833 | 0.63 | 2.08 | 15397433 | 0.83 | 2.09 |
|  Won Currency | Securities | 197234500 | 1.41 | 24.61 | 191925827 | 2.54 | 24.73 | 180330525 | 3.22 | 24.53 |
|  Won Currency | Loans | 418281744 | 4.06 | 52.19 | 410776360 | 4.19 | 52.93 | 390097807 | 4.67 | 53.06 |
|  Won Currency | Guarantee payments under payment guarantee | 9283 | 0.81 |  | 8879 | 1.44 |  | 5835 | 0.99 |  |
|  Won Currency | Call loan | 706317 | 2.51 | 0.09 | 193442 | 2.70 | 0.02 | 264716 | 3.56 | 0.04 |
|  Won Currency | Private placement corporate bonds | 1925343 | 4.82 | 0.24 | 1595705 | 4.56 | 0.21 | 1127090 | 5.79 | 0.15 |
|  Won Currency | Credit cards | 23207512 | 7.67 | 2.90 | 23257459 | 7.79 | 3.00 | 23320536 | 8.12 | 3.17 |
|  Won Currency | Others | 4632932 | 15.94 | 0.57 | 4663752 | 15.62 | 0.61 | 3829387 | 17.76 | 0.53 |
|  Won Currency | Allowance | (4177592) |  | (0.52) | (4232385) |  | (0.55) | (4193334) |  | (0.57) |
|  Subtotal |  | 658378917 | 3.42 | 82.15 | 644342872 | 3.85 | 83.03 | 610179995 | 4.39 | 83.00 |
|  Foreign Currency | Due from banks | 11904389 | 2.31 | 1.49 | 10736415 | 2.44 | 1.38 | 9494397 | 2.92 | 1.29 |
|  Foreign Currency | Securities | 28296349 | 4.52 | 3.53 | 25475873 | 5.55 | 3.28 | 23085246 | 5.60 | 3.14 |
|  Foreign Currency | Loans | 37720245 | 6.75 | 4.71 | 37399936 | 6.97 | 4.82 | 37007504 | 7.60 | 5.03 |
|  Foreign Currency | Call loan | 5837537 | 3.95 | 0.73 | 6541166 | 4.31 | 0.84 | 6018342 | 5.33 | 0.82 |
|  Foreign Currency | Bills bought | 3385657 | 4.10 | 0.42 | 1837372 | 4.73 | 0.24 | 1979563 | 5.52 | 0.27 |
|  Foreign Currency | Allowance | (1586290) |  | (0.20) | (1675021) |  | (0.22) | (1515396) |  | (0.21) |
|  Foreign Currency | Others | 2970231 |  | 0.37 | 2571127 |  | 0.34 | 2346259 |  | 0.32 |
|  Subtotal | Subtotal | 88528118 | 5.12 | 11.05 | 82886868 | 5.71 | 10.68 | 78415915 | 6.23 | 10.66 |
|  Others | Cash | 1661371 |  | 0.21 | 1466760 |  | 0.19 | 1576791 |  | 0.21 |
|  Others | Fixed assets held for business | 8688807 |  | 1.08 | 9107641 |  | 1.17 | 9391370 |  | 1.28 |
|  Others | Others | 44133119 |  | 5.51 | 38206432 |  | 4.93 | 35698616 |  | 4.85 |
|  Subtotal | Subtotal | 54483297 |  | 6.80 | 48780833 |  | 6.29 | 46666777 |  | 6.34 |
|  Total | Total | 801390332 |  | 100.00 | 776010573 |  | 100.00 | 735262687 |  | 100.00 |

---

Notes: (1) Based on K-IFRS (on a consolidated basis).

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##### [**Table of Contents**](#toc)
**2.3. Other Information to Consider in Making an Investment Decision** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.3.1. Capital Adequacy***

---

| | | | |
|:---|:---|:---|:---|
| **KB Financial Group** | **KB Financial Group** | (Unit: in billions of Won, except percentages) | (Unit: in billions of Won, except percentages) |
|  | As of March 31, 2026 | As of December 31, 2025 | As of December 31, 2024 |
|  Total capital (A) | 57651 | 57845 | 56849 |
|  Risk-weighted assets (B) | 365983 | 356996 | 345981 |
|  BIS ratio (A/B) | 15.75% | 16.20% | 16.43% |

---

Notes: (1) Calculated in accordance with Basel III.

(2) The figures as of March 31, 2026 are preliminary.

---

| | | | |
|:---|:---|:---|:---|
| **Kookmin Bank** | **Kookmin Bank** | (Unit: in billions of Won, except percentages) | (Unit: in billions of Won, except percentages) |
|  | As of March 31, 2026 | As of December 31, 2025 | As of December 31, 2024 |
|  Total capital (A) | 42270 | 41605 | 40574 |
|  Risk-weighted assets (B) | 247012 | 240740 | 234436 |
|  BIS ratio (A/B) | 17.10 | 17.28 | 17.31 |

---

Notes: (1) Calculated in accordance with Basel III.

(2) The figures as of March 31, 2026 are preliminary.

---

| | | | |
|:---|:---|:---|:---|
| **KB Securities Co., Ltd.** |  | (Unit: in billions of Won, except percentages) | (Unit: in billions of Won, except percentages) |
|  | As of March 31, 2026 | As of December 31, 2025 | As of December 31, 2024 |
|  Net operating capital (A) | 6153 | 5140 | 5397 |
|  Total amount at risk (B) | 3192 | 3184 | 3176 |
|  Maintenance equity margin (C) | 136 | 136 | 134 |
|  Net capital ratio (A-B)/(C) | 2,184.06% | 1,442.13% | 1,654.45% |
|  Capital surplus (A-B) | 2962 | 1956 | 2221 |
| **KB Insurance Co., Ltd.** | **KB Insurance Co., Ltd.** | (Unit: in billions of Won, except percentages) | (Unit: in billions of Won, except percentages) |
|  | As of March 31, 2026<sup>(1)</sup> | As of December 31, 2025 | As of December 31, 2024 |
|  Available capital (A) | 12464 | 12191 | 11319 |
|  Required capital (B) | 6630 | 6365 | 6072 |
|  Capital adequacy ratio (A/B)<sup>(2)</sup> | 188.01 | 191.54 | 186.42 |

---

Notes: (1) The figures as of March 31, 2026 are preliminary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.3.2. Overseas Credit Ratings***

[Not required to be disclosed in quarterly reports]

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.3.3. Domestic Credit Ratings***

[Not required to be disclosed in quarterly reports]

------

##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.3.4. Early Retirement Program***

To enhance productivity by improving its labor structure, Kookmin Bank implemented a voluntary early retirement program following negotiations with its labor union.

---

| | | |
|:---|:---|:---|
| Subsidiary | Date of Retirement | Number of Retired Persons |
| Kookmin Bank | January 28, 2019 | 615 |
|  | January 20, 2020 | 462 |
|  | January 30, 2021 | 800 |
|  | January 21, 2022 | 674 |
|  | January 18, 2023 | 713 |
|  | January 19, 2024 | 674 |
|  | January 18, 2025 | 647 |
|  | January 20, 2026 | 550 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***2.3.5. Other Factors Affecting the Group's Financial Condition and Results of Operations***

The economic outlook for Korea and its financial services sector in the remainder of 2026 and for the foreseeable future remains highly uncertain as a result of, among others, (i) volatile conditions in the Korean and global economies and financial markets resulting from interest and exchange rate fluctuations, a slowdown in the rate of economic growth, high levels of inflation as a result of increases in the price of energy, subdued domestic consumption, stock market and real estate market volatility, rising loan delinquency rates in Korea and changes in fiscal and monetary policies, among others, and (ii) adverse conditions in the Korean and global economies and financial markets resulting from geopolitical uncertainties, including as a result of the imposition of significant tariffs by the United States on its trading partners and other escalations in trade protectionism globally, changes in the global policies of the United States, the ongoing military conflicts in the Middle East (between Iran and other countries, including the United States and Israel), among others.

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##### [**Table of Contents**](#toc)
**3.** **Financial Information** 

**3.1.** **Consolidated Financial Information** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***3.1.1. Consolidated Statements of Financial Position***

---

| | | |
|:---|:---|:---|
| (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) |
|  | As of March 31, 2026 | As of December 31, 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | 32538472 | 34776877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss | 94367465 | 89862530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial assets | 12311508 | 8178056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost | 494353167 | 491978044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial investments | 135183684 | 134986677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments in associates and joint ventures | 1023123 | 1137184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance assets | 364859 | 271152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance assets | 1443857 | 1515854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property and equipment | 5111285 | 5133801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment property | 3238878 | 3224180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intangible assets | 1589476 | 1609427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net defined benefit assets | 371151 | 353366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax assets | 419693 | 388589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax assets | 196211 | 193034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets held for sale | 168940 | 174919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets of disposal groups held for sale | 111541 | 94215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets | 46947517 | 24045128 |
|  **Total assets** | **829740827** | **797923033** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | 11490922 | 11320590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial liabilities | 12108194 | 8234289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits | 469093134 | 462397026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | 71315372 | 70728396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures | 79519555 | 80049270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance contract liabilities | 54428535 | 56790030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance contract liabilities | 52133 | 59648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provisions | 1353787 | 1264390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net defined benefit liabilities | 85381 | 100088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax liabilities | 792071 | 610484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax liabilities | 1987239 | 1819080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities of disposal groups held for sale | 73340 | 68290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities | 66301028 | 43651463 |
|  **Total liabilities** | **768600691** | **737093044** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity attributable to shareholders of the parent company | 59348945 | 59048211 |

---

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##### [**Table of Contents**](#toc)

---

| | | |
|:---|:---|:---|
|  | As of March 31, 2026 | As of December 31, 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share capital | 2090558 | 2090558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | 3940317 | 4359388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital surplus | 9102701 | 16633518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated other comprehensive income (losses) | (496564) | (467456) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retained earnings | 46394648 | 38333741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury shares | (1682715) | (1901538) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-controlling interests | 1791191 | 1781778 |
|  **Total equity** | **61140136** | **60829989** |
|  **Total liabilities and equity** | **829740827** | **797923033** |
|  **Number of companies included as consolidated entities** | **378** | **376** |

---

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##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***3.1.2. Consolidated Statements of Comprehensive Income***

---

| | | | | |
|:---|:---|:---|:---|:---|
| (Unit: in millions of Won, except per share amounts) | (Unit: in millions of Won, except per share amounts) | (Unit: in millions of Won, except per share amounts) | (Unit: in millions of Won, except per share amounts) | (Unit: in millions of Won, except per share amounts) |
|  | First Quarter of 2026 | First Quarter of 2026 | First Quarter of 2025 | First Quarter of 2025 |
|  | First Quarter | Cumulative | First Quarter | Cumulative |
|  Net interest income | 3334822 | 3334822 | 3262165 | 3262165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income | 7159729 | 7159729 | 7454941 | 7454941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at fair value through other comprehensive income and amortized cost | 6783441 | 6783441 | 7082796 | 7082796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at fair value through profit or loss | 364819 | 364819 | 362055 | 362055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance interest income | 11469 | 11469 | 10090 | 10090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense | (3824907) | (3824907) | (4192776) | (4192776) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense | (3421844) | (3421844) | (3810634) | (3810634) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance interest expense | (403063) | (403063) | (382142) | (382142) |
|  Net fee and commission income | 1359329 | 1359329 | 934048 | 934048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission income | 1810375 | 1810375 | 1330233 | 1330233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission expense | (451046) | (451046) | (396185) | (396185) |
|  Net insurance income | 343641 | 343641 | 437753 | 437753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance income | 3132257 | 3132257 | 3107811 | 3107811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance income | 3009677 | 3009677 | 2835068 | 2835068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance income | 122580 | 122580 | 272743 | 272743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance expense | (2788616) | (2788616) | (2670058) | (2670058) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance service expense | (2582976) | (2582976) | (2464199) | (2464199) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance expense | (205640) | (205640) | (205859) | (205859) |
|  Net gains on financial assets/liabilities at fair value through profit or loss | 366844 | 366844 | 546218 | 546218 |
|  Other insurance finance income (expenses) | (354306) | (354306) | (139570) | (139570) |
|  Net other operating expenses | (64581) | (64581) | (486424) | (486424) |
|  General and administrative expenses | (1764914) | (1764914) | (1605565) | (1605565) |
|  Operating income before provision for credit losses | 3220835 | 3220835 | 2948625 | 2948625 |
|  Provision for credit losses | (493269) | (493269) | (655597) | (655597) |
|  Net operating income | 2727566 | 2727566 | 2293028 | 2293028 |
|  Net non-operating income (expenses) | (96426) | (96426) | 13578 | 13578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of profit of associates and joint ventures | 20224 | 20224 | 5448 | 5448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net other non-operating income (expenses) | (116650) | (116650) | 8130 | 8130 |
|  Profit before income tax expense | 2631140 | 2631140 | 2306606 | 2306606 |
|  Income tax expense | (714671) | (714671) | (607484) | (607484) |
|  Profit for the period | 1916469 | 1916469 | 1699122 | 1699122 |
|  Other comprehensive loss for the period, net of tax | (19067) | (19067) | (907740) | (907740) |

---

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##### [**Table of Contents**](#toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | First Quarter of 2026 | First Quarter of 2026 | First Quarter of 2025 | First Quarter of 2025 |
|  | First Quarter | Cumulative | First Quarter | Cumulative |
|  Items that will not be reclassified to profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities | (9533) | (9533) | (7427) | (7427) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive income of associates and joint ventures | 27 | 27 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on equity securities at fair value through other comprehensive income | 33397 | 33397 | 44423 | 44423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk | (1279) | (1279) | (5845) | (5845) |
|  Items that may be reclassified subsequently to profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency translation differences | 278179 | 278179 | (14466) | (14466) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on debt securities at fair value through other comprehensive income | (2333841) | (2333841) | 911031 | 911031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive income of associates and joint ventures | 1264 | 1264 | 124 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on cash flow hedging instruments | (244355) | (244355) | 31501 | 31501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on hedging instruments of net investments in foreign operations | (82434) | (82434) | 3524 | 3524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance income (expenses) | 2339508 | 2339508 | (1870605) | (1870605) |
|  Total comprehensive income for the period | 1897402 | 1897402 | 791382 | 791382 |
|  Profit attributable to: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholders of the parent company | 1892401 | 1892401 | 1697271 | 1697271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-controlling interests | 24068 | 24068 | 1851 | 1851 |
|  Total comprehensive income for the period attributable to: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholders of the parent company | 1864440 | 1864440 | 797586 | 797586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-controlling interests | 32962 | 32962 | (6204) | (6204) |
|  Earnings per share |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic earnings per share (Won) | 5165 | 5165 | 4429 | 4429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted earnings per share (Won) | 5120 | 5120 | 4384 | 4384 |

---

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##### [**Table of Contents**](#toc)
**3.2.** **Separate Financial Information** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***3.2.1. Separate Statements of Financial Position***

---

| | | |
|:---|:---|:---|
| (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) |
|  | As of March 31, 2026 | As of December 31, 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | 1454746 | 974585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss | 1191853 | 1251607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost | 349112 | 349112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments in subsidiaries | 27567817 | 26867817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property and equipment | 4172 | 2896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intangible assets | 12938 | 13207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net defined benefit assets | 2532 | 3058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax assets | 10005 | 9354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets | 1513538 | 1381504 |
|  **Total assets** | **32106713** | **30853140** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | 500000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures | 4890224 | 4520297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax liabilities | 761295 | 544056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities | 1367473 | 853551 |
|  **Total liabilities** | **7518992** | **5917904** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share capital | 2090558 | 2090558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | 3940200 | 4359256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital surplus | 7221661 | 14751591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated other comprehensive loss | (8663) | (8601) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retained earnings | 13026680 | 5643970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury Shares | (1682715) | (1901538) |
|  **Total equity** | **24587721** | **24935236** |
|  **Total liabilities and equity** | **32106713** | **30853140** |

---

------

##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***3.2.2. Separate Statements of Comprehensive Income***

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Unit: in millions of Won, except per share amounts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Unit: in millions of Won, except per share amounts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Unit: in millions of Won, except per share amounts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Unit: in millions of Won, except per share amounts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Unit: in millions of Won, except per share amounts) |
|  | First Quarter of 2026 | First Quarter of 2026 | First Quarter of 2025 | First Quarter of 2025 |
|  | First Quarter | Cumulative | First Quarter | Cumulative |
|  Net interest expense | (26274) | (26274) | (23164) | (23164) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income | 7132 | 7132 | 5527 | 5527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at amortized cost | 6136 | 6136 | 4685 | 4685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at fair value through profit or loss | 996 | 996 | 842 | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense | (33406) | (33406) | (28691) | (28691) |
|  Net fee and commission expense | (1150) | (1150) | (1790) | (1790) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission income | 471 | 471 | 472 | 472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission expense | (1621) | (1621) | (2262) | (2262) |
|  Net gains on financial assets at fair value through profit or loss | 7474 | 7474 | 25451 | 25451 |
|  Net other operating income | 1265231 | 1265231 | 2355586 | 2355586 |
|  General and administrative expenses | (29231) | (29231) | (22168) | (22168) |
|  Operating profit before Reversal for credit losses | 1216050 | 1216050 | 2333915 | 2333915 |
|  Reversal for credit losses | 1 | 1 | 1 | 1 |
|  Operating profit | 1216051 | 1216051 | 2333916 | 2333916 |
|  Net non-operating income | 490 | 490 | 67 | 67 |
|  Profit before income tax | 1216541 | 1216541 | 2333983 | 2333983 |
|  Income tax income (expense) | 627 | 627 | (7390) | (7390) |
|  Profit for the year | 1217168 | 1217168 | 2326593 | 2326593 |
|  Other comprehensive loss for the year, net of tax | (62) | (62) | (11) | (11) |
|  Items that will not be reclassified to profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities | (62) | (62) | (11) | (11) |
|  Total comprehensive income for the year | 1217106 | 1217106 | 2326582 | 2326582 |
|  Earnings per share |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic earnings per share (Won) | 3277 | 3277 | 6121 | 6121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted earnings per share (Won) | 3249 | 3249 | 6058 | 6058 |

---

------

##### [**Table of Contents**](#toc)
**3.3.** **Other Selected Financial Data** 

&nbsp;&nbsp;&nbsp;&nbsp;***3.3.1. Won-denominated Liquidity Ratio***

---

| | | | |
|:---|:---|:---|:---|
|  | (Unit: in millions of Won, except percentages) | (Unit: in millions of Won, except percentages) | (Unit: in millions of Won, except percentages) |
|  | As of March 31, 2026 | As of December 31, 2025 | As of December 31, 2024 |
|  Current assets in Won (A) | 2337842 | 1535482 | 592591 |
|  Current liabilities in Won (B) | 1676641 | 500481 | 383862 |
|  Liquidity ratio (A/B) | 139.44% | 306.80% | 154.38% |

---

Notes: (1) Based on K-IFRS (on a separate basis).

(2) Calculated based on Won-denominated assets and liabilities due within
one month.

&nbsp;&nbsp;&nbsp;&nbsp;***3.3.2. Profitability Ratios***

---

| | | | |
|:---|:---|:---|:---|
|  |<br>For the three months<br>ended March 31, 2026 | <br>For the year ended<br>December 31, 2025 | (Unit: %)<br>For the year ended<br>December 31, 2024 |
|  Net income as a percentage of average total assets (ROA) | 0.96 | 0.75 | 0.68 |
|  Net income as a percentage of average shareholders' equity (ROE) | 12.96 | 9.93 | 8.87 |

---

&nbsp;&nbsp;&nbsp;&nbsp;***3.3.3. 20 Largest Exposures of Kookmin Bank by Borrower (As of March 31, 2026)***

---

| | |
|:---|:---|
|  | (Unit: in billions of Won) |
| **Company** | **Credit Extended** |
|  Samsung Electronics Co., Ltd. | 2119 |
|  HD Hyundai Heavy Industries Co., Ltd. | 1907 |
|  NH-Amundi Asset Management | 1581 |
|  SK on Co., Ltd. | 1503 |
|  Samsung Heavy Industries Co., Ltd. | 1433 |
|  KB Kookmin Card Co., Ltd | 1416 |
|  Samsung SDI Co., Ltd. | 1273 |
|  Samsung Asset Management Co., Ltd. | 1200 |
|  Hanwha Solutions Corporation | 1169 |
|  E-MART Inc. | 1050 |
|  POSCO INTERNATIONAL | 1020 |
|  LS MnM Inc. | 950 |
|  HARIM Industrial CO., LTD. | 942 |
|  Construction Guarantee | 939 |
|  SK Innovation Co., Ltd. | 937 |
|  Strada Holdco L.P. | 923 |
|  Hanwha Aerospace Co., Ltd. | 913 |
|  Shinhan Card Co., Ltd. | 814 |
|  LG Energy Solution, Ltd. | 805 |
|  Samsung Card Co., Ltd. | 805 |
|  Total | 23697 |

---

------

##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;***3.3.4. 10 Largest Exposures of Kookmin Bank by Chaebol Group*** (As of March 31, 2026) ****

---

| | |
|:---|:---|
|  | (Unit: in billions of Won) |
| **Group** | **Credit Extended** |
|  SK | 6608 |
|  Hyundai Motor | 3682 |
|  Samsung | 8157 |
|  Lotte | 3648 |
|  LG | 2010 |
|  Hanwha | 5468 |
|  POSCO | 1766 |
|  GS | 1214 |
|  Hanjin | 651 |
|  Shinsegae | 1539 |
|  Total | 34743 |

---

&nbsp;&nbsp;&nbsp;&nbsp;***3.3.5. Kookmin Bank's Loan Concentration by Industry*** (As of March 31, 2026)

---

| | | |
|:---|:---|:---|
| (Unit: in billions of Won, except percentages) | (Unit: in billions of Won, except percentages) | (Unit: in billions of Won, except percentages) |
| **Industry** | **Total<br>Credit** | **Percentage of<br>Total Credit** |
|  Manufacturing | 67142 | 28.21 |
|  Construction | 4302 | 1.81 |
|  Real estate activities | 60820 | 25.56 |
|  Wholesale and retail trade | 33344 | 14.01 |
|  Accommodation and food service activities | 11947 | 5.02 |
|  Financial activities | 11006 | 4.62 |
|  Others | 49434 | 20.77 |
|  Total | 237994 | 100.00 |

---

&nbsp;&nbsp;&nbsp;&nbsp;***3.3.6. Top 20 Non-Performing Loans of Kookmin Bank*** (As of March 31, 2026) ****

---

| | | | |
|:---|:---|:---|:---|
|  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| **Borrower** | **Industry** | **Total Credit** | **Allowance for**<br>**Loan Losses** |
|  Borrower A | Real estate activities | 150 | 67 |
|  Borrower B | Real estate activities | 40 | 22 |
|  Borrower C | Construction | 37 | 36 |
|  Borrower D | Real estate activities | 35 | 10 |
|  Borrower E | Wholesale and retail trade | 17 | 14 |
|  Borrower F | Real estate activities | 15 | 8 |
|  Borrower G | Arts, sports and recreation related services | 13 | 2 |
|  Borrower H | Manufacturing | 10 | 6 |
|  Borrower I | Construction | 10 | 10 |
|  Borrower J | Information and communications | 9 | 9 |
|  Borrower K | Real estate activities | 9 | 0 |
|  Borrower L | Wholesale and retail trade | 8 | 4 |
|  Borrower M | Real estate activities | 8 | 1 |
|  Borrower N | Manufacturing | 8 | 2 |
|  Borrower O | Construction | 7 | 3 |
|  Borrower P | Wholesale and retail trade | 7 | 4 |
|  Borrower Q | Wholesale and retail trade | 7 | 4 |
|  Borrower R | Wholesale and retail trade | 7 | 2 |
|  Borrower S | Real estate activities | 6 | 1 |
|  Borrower T | Construction | 6 | 6 |
|  — |  | 407 | 210 |

---

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##### [**Table of Contents**](#toc)
**3.4.** **Other Financial Information** 

See Exhibits 99.1 and 99.2 attached hereto for our consolidated and separate financial statements and relevant notes, which have been prepared in accordance with K-IFRS and reviewed by our independent auditors as stated in their review reports included therein. The review reports will also be available on our website at <u>www.kbfg.com</u>.

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##### [**Table of Contents**](#toc)
**4.** **Independent Public Accountants** 

**4.1.** **Audit / Review Services** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) |
| Period | Auditor | Activity | Agreed Per Contract | Agreed Per Contract | Actual | Actual |
| Period | Auditor | Activity | Compensation | Estimated<br>Hours | Compensation | Accrued<br>Hours |
|  January 1 to March 31, 2026 | Samil PricewaterhouseCoopers | Quarterly, semi-annual and annual review & audit, review of internal accounting management system (including audit of internal control over financial reporting) | 1303 | 10935 | 1303 | 1536 |
|  January 1 to December 31, 2025 | Samil PricewaterhouseCoopers | Quarterly, semi-annual and annual review & audit, review of internal accounting management system (including audit of internal control over financial reporting) | 1333 | 11600 | 1333 | 10634 |
|  January 1 to December 31, 2024 | Samil PricewaterhouseCoopers | Quarterly, semi-annual and annual review & audit, review of internal accounting management system (including audit of internal control over financial reporting) | 1296 | 10970 | 1296 | 10136 |

---

**4.2.** **Public Company Accounting Oversight Board ("PCAOB") Audit Services** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) | (Unit: in millions of Won) |
| Period | Auditor | Activity | Service Period | Compensation |
|  January 1 to March 31, 2026 | Samil Pricewaterhouse<br> Coopers | PCAOB audit of consolidated financial statements and internal control over financial reporting | May 1, 2026 to<br>April 30, 2027 | 809 |
|  January 1 to December 31, 2025 | Samil Pricewaterhouse<br> Coopers | PCAOB audit of consolidated financial statements and internal control over financial reporting | May 1, 2025 to<br>April 30, 2026 | 827 |
|  January 1 to December 31, 2024 | Samil Pricewaterhouse<br> Coopers | PCAOB audit of consolidated financial statements and internal control over financial reporting | May 1, 2024 to<br>April 30, 2025 | 804 |

---

**4.3.** **Change in Auditor** 

Pursuant to the Act on External Audit of Stock Companies and the related regulations thereunder, the Securities and Futures Commission under the Financial Services Commission had designated KPMG Samjong Accounting Corp. as the external auditor for the Company for the fiscal years ended December 31, 2020, 2021 and 2022. Following the end of KPMG Samjong Accounting Corp.'s designated period as the Company's external auditor, the Company selected Samil PricewaterhouseCoopers to be its new external auditor for the fiscal years ending December 31, 2023, 2024 and 2025, in accordance with the criteria and processes set forth by relevant laws and regulations.

------

##### [**Table of Contents**](#toc)
**5.** **Corporate Governance and Affiliated Companies** 

**5.1.** **Board of Directors & Committees under the Board** 

[Not required to be disclosed in quarterly reports]

**5.2.** **Audit Committee** 

[Not required to be disclosed in quarterly reports]

**5.3.** **Compensation to Directors** 

[Not required to be disclosed in quarterly reports]

**5.4.** **Top 5 Highest-Paid Individuals** 

[Not required to be disclosed in quarterly reports]

**5.5.** **Stock-based Compensation** 

[Not required to be disclosed in quarterly reports]

**5.6.** **Affiliated Companies** 

[Not required to be disclosed in quarterly reports]

**6.** **Directors, Senior Management and Employees** 

**6.1.** **Executive Directors** 

As of March 31, 2026, we had one executive director. The name, position and the end of the term of our executive director and the number of shares of our common stock he owned as of March 31, 2026 are set forth below.

Name Date of Birth Position <u> Common Shares Owned</u> End of Term <br> Jong Hee Yang June 1961 Chairman & Chief Executive Officer 5,914 November 20, 2026

**6.2.** **Non-standing Directors** 

As of March 31, 2026, we had one non-standing director. The name, position and the end of the term of our non-standing director and the number of shares of our common stock he owned as of March 31, 2026 are set forth below.

Name Date of Birth Position <u> Common Shares Owned</u> End of Term<sup>(1)</sup> <br> Hwan Ju Lee October 1964 Non-standing Director 4,131 March 25, 2027

Note: (1) The date designated as Mr. Hwan Ju Lee's end of term is the date of the annual general meeting of shareholders for fiscal year 2026, which is expected be held in March 2027.

**6.3.** **Non-executive Directors** 

As of March 31, 2026, we had seven non-executive directors. The name, position and the end of the term of our non-executive directors and the number of shares of our common stock they respectively owned as of March 31, 2026 were as follows.

---

| | | | |
|:---|:---|:---|:---|
| Name | Date of Birth | Position | Common Shares Owned |
|  Whajoon Cho | February 1957 | Non-executive Director | – March 25, 2027 |
|  Jaehong Choi | August 1962 | Non-executive Director | – March 25, 2027 |
|  Eun Young Chah | October 1962 | Non-executive Director | – March 25, 2027 |
|  Myong-Hwal Lee | May 1964 | Non-executive Director | – March 25, 2027 |
|  Sung-Yong Kim | March 1966 | Non-executive Director | – March 25, 2027 |
|  Sun Yeop Kim | November 1969 | Non-executive Director | – March 25, 2027 |
|  Jeong Ho Seo | August 1969 | Non-executive Director | – March 25, 2028 |

---

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##### [**Table of Contents**](#toc)
**6.4.** **Senior Management** 

Members of our senior management as of March 31, 2026 are as follows.

---

| | | | | |
|:---|:---|:---|:---|:---|
| Name | Date of Birth | Position | Common Shares Owned<sup>(1)</sup> | End of Term |
|  Chang Kwon Lee | November 1965 | Senior Executive Vice President and Chief Strategy Officer | 3010 | December 31, 2026 |
|  Jae Keun Lee | May 1966 | Senior Executive Vice President and Chief Business Officer of Global, Wealth Management and Corporate Finance | 2119 | December 31, 2026 |
|  Sung Hyun Kim | August 1963 | Senior Executive Vice President and Chief Business Officer of Corporate Investment Banking and Capital Markets | 20468 | December 31, 2026 |
|  Young Suh Cho | February 1971 | Executive Vice President and Deputy Chief Strategy Officer | 2000 | December 31, 2026 |
|  Seok Mun Choi | August 1968 | Executive Vice President and Chief Ethics and Compliance Officer | 1973 | December 31, 2027 |
|  Keoung Nam Kim | August 1967 | Senior Managing Director and Head of the ESG Division | 2647 | December 31, 2026 |
|  Sang Rok Na | August 1972 | Senior Managing Director and Chief Financial Officer | 1373 | December 31, 2026 |
|  Hong Sun Yum | February 1971 | Senior Managing Director and Chief Risk Management Officer | 1144 | December 31, 2026 |
|  Shin Dong Jeung | January 1966 | Senior Managing Director and Head of KB Research | 2122 | December 31, 2026 |
|  Young Gi Seo | August 1965 | Senior Managing Director and Vice Head of KB Research |  | December 31, 2026 |
|  Young June Park | November 1969 | Senior Managing Director and Head of Audit Department | 854 | December 31, 2026 |
|  Hee Seung Yun | April 1974 | Managing Director and Chief Business Officer of Insurance | 980 | December 31, 2026 |
|  Dong Wook Joo | July 1975 | Managing Director and Chief Human Resources Officer | 467 | December 31, 2027 |
|  Seung Ho Kang | November 1975 | Managing Director and Head of Secretariat | 759 | December 31, 2027 |
|  Sun Hyun Park | June 1970 | Chief Consumer Protection Officer | 2517 | December 31, 2027 |
|  Jin Young Park | September 1972 | Chief Public Relation Officer | 2700 | December 31, 2026 |
|  Hyoung Joo Park | July 1971 | Head of AI • DT Initiative Division | 788 | December 31, 2026 |
|  Sang Won Oh | December 1967 | Head of the IT Division | 1278 | December 31, 2026 |
|  Kyeong Jong Lee | February 1978 | Head of the Financial AI Center 2 | 200 | December 31, 2026 |
|  Hyun Jung Lee | March 1977 | Head of the Customer Experience Design Center | 456 | December 31, 2026 |
|  Byoung Ha Choi | September 1972 | Head of the Group Architecture Center | 707 | December 31, 2026 |
|  Myoung Hwa Park | December 1969 | Head of the Planning & Coordination Department | 1215 | December 31, 2026 |
|  Jae Yong Lee | June 1968 | Head of Information Security Department | 985 | December 31, 2026 |

---

---

| | |
|:---|:---|
| Note: (1) | The numbers of common shares owned are as of March 31, 2026 and includes those owned in the holder's name under the employee stock ownership association's account, and may differ from the number of shares owned as reported pursuant to Article 173 of the Financial Investment Services and Capital Markets Act.  |

---

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##### [**Table of Contents**](#toc)
As of March 31, 2026, the following management also served as senior management at our subsidiaries.

---

| | | | |
|:---|:---|:---|:---|
| Name | Subsidiary | Position | Appointment Date |
|  Hwan Ju Lee | Kookmin Bank | Chief Executive Officer | January 2025 |
|  Keoung Nam Kim | Kookmin Bank | Head of the ESG Division | July 2025 |
|  Sun Hyun Park | Kookmin Bank | Senior Executive Vice President, Consumer Protection Group | January 2026 |
|  Jin Young Park | Kookmin Bank | Senior Executive Vice President, Brand & PR Group | January 2026 |
|  Hyoung Joo Park | Kookmin Bank | Head of AI • DT Initiative Division | January 2026 |
|  Sang Won Oh | Kookmin Bank | Senior Executive Vice President, Tech Development Group | January 2024 |
|  Kyeong Jong Lee | Kookmin Bank | Managing Director, Head of the Financial AI Center 2 | January 2025 |
|  Hyun Jung Lee | Kookmin Bank | Head of the Customer Experience Design Center | January 2025 |
|  Byoung Ha Choi | Kookmin Bank | Head of the Tech Development Division | January 2025 |
|  Myoung Hwa Park | Kookmin Bank | Head of the Planning & Coordination Department | January 2025 |
|  Jae Yong Lee | Kookmin Bank | Managing Director, Head of Information Security Department | August 2022 |
|  Young Suh Cho | KB Securities | Non-standing Director | February 2026 |
|  Sang Rok Na | KB Insurance | Non-standing Director | February 2025 |
|  Hee Seung Yun | KB Asset Management | Non-standing Director | February 2026 |
|  Dong Wook Joo | KB Life Insurance | Non-standing Director | March 2026 |

---

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##### [**Table of Contents**](#toc)
**6.5.** **Employees** 

[Not required to be disclosed in quarterly reports]

**7.** **Major Shareholders and Related Party Transactions** 

**7.1.** **Major Shareholders** 

[Not required to be disclosed in quarterly reports]

**7.2.** **Changes in the Largest Shareholder** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | | (Unit: shares, %) |
| Name of Largest Shareholder | Date of Change in Largest<br>Shareholder/Date of<br>Change in Number of<br>Shares Owned | Number of<br>Shares of<br>Common Stock<sup>(1)</sup> | Percentage of<br>Total Issued<br>Shares<sup>(2)</sup> |
|  Korean National Pension Service | March 31, 2023 | 33572593 | 8.21 |
|  Korean National Pension Service | June 30, 2023 | 33183590 | 8.22 |
|  Korean National Pension Service | September 30, 2023 | 35321767 | 8.75 |
|  Korean National Pension Service | October 6, 2023 | 35273578 | 8.74 |
|  Korean National Pension Service | December 31, 2023 | 33473917 | 8.30 |
|  Korean National Pension Service | February 29, 2024 | 33704092 | 8.35 |
|  Korean National Pension Service | March 31, 2024 | 33200471 | 8.23 |
|  Korean National Pension Service | June 30, 2024 | 33326122 | 8.26 |
|  Korean National Pension Service | September 30, 2024 | 32308082 | 8.21 |
|  Korean National Pension Service | December 31, 2024 | 33095691 | 8.41 |
|  Korean National Pension Service | March 31, 2025 | 32919773 | 8.37 |
|  Korean National Pension Service | June 30, 2025 | 33064648 | 8.40 |
|  Korean National Pension Service | August 11, 2025 | 31844527 | 8.35 |
|  Korean National Pension Service | September 30, 2025 | 31601545 | 8.28 |
|  Korean National Pension Service | November 14, 2025 | 32666149 | 8.56 |
|  Korean National Pension Service | December 31, 2025 | 33107971 | 8.68 |
|  Korean National Pension Service | January 29, 2026 | 33341919 | 8.94 |
|  Korean National Pension Service | February 27, 2026 | 33379901 | 8.95 |
|  Korean National Pension Service | March 31, 2026 | 33505649 | 8.99 |

---

Notes: (1) Based on our shareholder registry as of the end of each applicable year unless specified otherwise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Total number of shares of common stock issued as of the following dates:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; From April 4, 2023 to August 14, 2024: 403,511,072 shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; From August 14, 2024 to May 15, 2025: 393,528,423 shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; From May 15, 2025 to January 15, 2026: 381,462,103 shares

(Note: The number of shares owned by, and the ownership percentage of the National Pension Service as of June 30, 2025, are based on our shareholder registry as of May 12, 2025 (Total number of issued shares: 393,528,423)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; After January 15, 2026: 372,850,455 shares

**7.3. Employee Stock Ownership Association** 

[Not required to be disclosed in quarterly reports]

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##### [**Table of Contents**](#toc)
**7.4.** **Investments in Affiliated Companies** 

[Not required to be disclosed in quarterly reports]

**7.5.** **Related Party Transactions** 

***7.5.1. Purchase of capital securities issued by KB Securities Co., Ltd.***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Securities Co., Ltd. | Subsidiary | No. 1 Private Placement of Capital Securities in Won | 200 | March 31, 2022 | 4.300% | March 31,<br> 2052 (may be extended) | Working capital |
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Securities Co., Ltd. | Subsidiary | No. 3 Private Placement of Capital Securities in Won | 230 | September 30, 2022 | 5.500% | September 30,<br> 2052 (may be extended) | Working capital |
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Securities Co., Ltd. | Subsidiary | No. 4 Private Placement of Capital Securities in Won | 100 | May 8, 2023 | 5.350% | May 8,<br> 2053 (may be extended) | Working capital |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***7.5.2. Purchase of capital securities issued by KB Capital Co., Ltd.***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd. | Subsidiary | No. 299 Private Placement of Capital Securities in Won | 50 | March 27, 2015 | 7.840%<sup>(1)</sup> | March 27,<br> 2045 (may be extended) | Working capital |

---

Note: (1) The interest rate has increased from its initial rate due to the non-exercise of the call option.

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##### [**Table of Contents**](#toc)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd.. | Subsidiary | No. 320 Private Placement of Capital Securities in Won | 50 | September 24,<br> 2015 | 7.412%<sup>(1)</sup> | September 24, 2045 (may be extended) | Working capital |

---

Note: (1) The interest rate has increased from its initial rate due to the non-exercise of the call option.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd. | Subsidiary | No. 352 Private Placement of Capital Securities in Won | 50 | June 28, 2016 | 6.466%<sup>(1)</sup> | June 28,<br> 2046 (may be extended) | Working capital |

---

Note: (1) The interest rate has increased from its initial rate due to the non-exercise of the call option.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd. | Subsidiary | No. 367 Private Placement of Capital Securities in Won | 50 | November 28,<br> 2016 | 6.952%<sup>(1)</sup> | November 28, 2046 (may be extended) | Working capital |

---

Note: (1) The interest rate has increased from its initial rate due to the non-exercise of the call option.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd. | Subsidiary | No. 378 Private Placement of Capital Securities in Won | 50 | April 27, 2017 | 7.664%<sup>(1)</sup> | April 27,<br> 2047 (may be extended) | Working capital |

---

Note: (1) The interest rate has increased from its initial rate due to the non-exercise of the call option.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd. | Subsidiary | No. 460 Private Placement of Capital Securities in Won | 100 | September 25, 2020 | 6.822%<sup>(1)</sup> | September 25, 2050 (may be extended) | Working capital |

---

Note: (1) The interest rate has increased from its initial rate due to the non-exercise of the call option.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Capital Co., Ltd. | Subsidiary | No. 486 Private Placement of Capital Securities in Won | 100 | February 17, 2022 | 4.495% | February 17,<br> 2052 (may be extended) | Working capital |

---

------

##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***7.5.3. Purchase of capital securities issued by KB Real Estate Trust Co., Ltd.***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Real Estate Trust Co., Ltd. | Subsidiary | No. 1 Private Placement of Capital Securities in Won | 150 | June 27, 2024 | 7.800% | June 27,<br> 2054 (may be extended) | Working capital |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***7.5.4. Purchase of subordinated bonds issued by KB Savings Bank Co., Ltd.***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Issuer | Relationship | Type | Issue<br>Amount | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Date  | Interest<br>Rate | Maturity Date | Use of<br>Proceeds |
|  KB Savings Bank Co., Ltd. | Subsidiary | No. 1 Subordinated Bonds in Won | 70 | June 25, 2021 | 1.600% | June 25, 2031 | Working capital |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***7.5.5. Prepayments and Loans to Subsidiaries***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br>Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 40 | 40 | July 13, 2018 | 3.166% | July 10, 2026 |

---

Note: (1) Unsecured credit loans

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br>Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 70 | 70 | March 8, 2019 | 3.135% | December 18, 2026 |

---

Note: (1) Unsecured credit loans

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br>Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 30 | 30 | March 9, 2020 | 3.135% | December 18, 2026 |

---

Note: (1) Unsecured credit loans

------

##### [**Table of Contents**](#toc)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br> Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 30 | 30 | July 13, 2020 | 3.166% | July 10, 2026 |
| <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans |
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br> Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 70 | 70 | December 20, 2021 | 3.109% | December 18, 2026 |
| <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans |
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br> Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 60 | 60 | July 13, 2022 | 3.166% | July 10, 2026 |
| <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans |
|  |  |  |  |  |  | (Unit: in billions of Won) | (Unit: in billions of Won) |
| Name | Relationship | Account | Loan Amount | Current<br>Balance | Credit Offering<br> Date | Interest<br>Rate | Maturity Date |
|  KB Investment Co., Ltd. | Subsidiary | Loans<sup>(1)</sup>  | 50 | 50 | July 13, 2023 | 3.166% | July 10, 2026 |
| <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans | <br> Note: (1) Unsecured credit loans |

---

**8.** **Internal Controls** 

[Not required to be disclosed in quarterly reports]

***8.1***  ***Management's Assessment of the Effectiveness of the Internal Accounting Management System*** 

[Not required to be disclosed in quarterly reports]

***8.2***  ***Audit Committee's Assessment of the Effectiveness of the Internal Accounting Management System*** 

[Not required to be disclosed in quarterly reports]

***8.3***  ***External Auditor's Audit Opinion (Review Report) on the Effectiveness of the Internal Accounting Management System*** 

[Not required to be disclosed in quarterly reports]

------

##### [**Table of Contents**](#toc)
**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.

---

| | | |
|:---|:---|:---|
|  | KB Financial Group Inc. | KB Financial Group Inc. |
|  | (Registrant) | (Registrant) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date: May 15, 2026 | By: /s/ Sang Rok Na | By: /s/ Sang Rok Na |
|  | (Signature) | (Signature) |
|  | Name: | Sang Rok Na |
|  | Title: | Senior Managing Director and Chief Financial Officer |

---

## Exhibit 99.1

##### [**Table of Contents**](#toc)
**Exhibit 99.1** 

**KB Financial Group Inc. and Subsidiaries**<br>Consolidated Interim Financial Statements<br>March 31, 2026 and 2025<br> (Unaudited)<br>

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

---

| | |
|:---|:---|
|  | **Page(s)** |
|  [**Report on Review of Condensed Consolidated Interim Financial Statements**](#ex99_1toc143854_1) | 1-2 |
| **Consolidated Interim Financial Statements** |  |
|  [Consolidated Interim Statements of Financial Position](#ex99_1toc143854_2) | 3 |
|  [Consolidated Interim Statements of Comprehensive Income](#ex99_1toc143854_3) | 4-5 |
|  [Consolidated Interim Statements of Changes in Equity](#ex99_1toc143854_4) | 6 |
|  [Consolidated Interim Statements of Cash Flows](#ex99_1toc143854_5) | 7-8 |
|  [**Notes to the Consolidated Interim Financial Statements**](#ex99_1toc143854_6) | 9 |

---

------

##### [**Table of Contents**](#toc)
**Report on Review of Condensed Consolidated Interim Financial Statements** 

(English Translation of a Report Originally Issued in Korean)

To the Shareholders and the Board of Directors of

KB Financial Group Inc.

***Reviewed Financial Statements***

We have reviewed the accompanying condensed consolidated interim financial statements of KB Financial Group Inc. and its subsidiaries (collectively referred to as the "Group"). These condensed consolidated interim financial statements consist of the consolidated interim statement of financial position of the Group as at March 31, 2026, and the related consolidated interim statements of comprehensive income, changes in equity and cash flows for the three-month periods ended March 31, 2026 and 2025, and material accounting policy information and other selected explanatory notes, expressed in Korean won.

***Management's Responsibility for the Financial Statements***

Management is responsible for the preparation and presentation of these condensed consolidated interim financial statements in accordance with International Financial Reporting Standards as adopted by the Republic of Korea ("Korean IFRS") 1034 *Interim Financial Reporting*, and for such internal control as management determines is necessary to enable the preparation of condensed consolidated interim financial statements that are free from material misstatement, whether due to fraud or error.

***Auditor's Responsibility***

Our responsibility is to express a conclusion on these condensed consolidated interim financial statements based on our review.

We conducted our review in accordance with quarterly or semi-annual review standards established by the Securities and Futures Commission of the Republic of Korea. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Korean Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

***Conclusion***

Based on our review, nothing has come to our attention that causes us to believe the accompanying condensed consolidated interim financial statements are not prepared, in all material respects, in accordance with Korean IFRS 1034 *Interim Financial Reporting*.

------

##### [**Table of Contents**](#toc)
***Other Matters***

We have audited the consolidated statement of financial position of the Group as at December 31, 2025, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the year then ended, not presented herein, in accordance with Korean Standards on Auditing. We expressed an unqualified opinion on those financial statements in our audit report dated March 6, 2026. The consolidated statement of financial position as at December 31, 2025, presented herein for comparative purposes, is consistent, in all material respects, with the above audited statement of financial position as at December 31, 2025.

Review standards and their application in practice vary among countries. The procedures and practices used in the Republic of Korea to review such financial statements may differ from those generally accepted and applied in other countries.

---

| |
|:---|
| /s/ Samil PricewaterhouseCoopers |
| Seoul, Korea |
| May 15, 2026 |

---

This report is effective as of May 15, 2026, the review report date. Certain subsequent events or circumstances, which may occur between the review report date and the time of reading this report, could have a material impact on the accompanying condensed consolidated interim financial statements and notes thereto. Accordingly, the readers of the review report should understand that there is a possibility that the above review report may have to be revised to reflect the impact of such subsequent events or circumstances, if any.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Consolidated Interim Statements of Financial Position** 

**March 31, 2026 and December 31, 2025**

*(in millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Notes** | **March 31, 2026<br>(Unaudited)** | **March 31, 2026<br>(Unaudited)** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Assets** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | 46730 | W | 32538472 | W | 34776877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss | 4611 |  | 94367465 |  | 89862530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial assets | 468 |  | 12311508 |  | 8178056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost | 46910 |  | 494353167 |  | 491978044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial investments | 4611 |  | 135183684 |  | 134986677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments in associates and joint ventures |  |  | 1023123 |  | 1137184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance contract assets | 29 |  | 364859 |  | 271152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance contract assets | 29 |  | 1443857 |  | 1515854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property and equipment |  |  | 5111285 |  | 5133801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment property |  |  | 3238878 |  | 3224180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intangible assets |  |  | 1589476 |  | 1609427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net defined benefit assets | 18 |  | 371151 |  | 353366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax assets |  |  | 419693 |  | 388589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax assets | 1225 |  | 196211 |  | 193034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets held for sale |  |  | 168940 |  | 174919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets included in disposal groups classified as held for sale |  |  | 111541 |  | 94215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets | 46 |  | 46947517 |  | 24045128 |
|  **Total assets** |  | W | 829740827 | W | 797923033 |
|  **Liabilities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | 4613 | W | 11490922 | W | 11320590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial liabilities | 468 |  | 12108194 |  | 8234289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits | 4614 |  | 469093134 |  | 462397026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | 4615 |  | 71315372 |  | 70728396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures | 4616 |  | 79519555 |  | 80049270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance contract liabilities | 29 |  | 54428535 |  | 56790030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance contract liabilities | 29 |  | 52133 |  | 59648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provisions | 17 |  | 1353787 |  | 1264390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net defined benefit liabilities | 18 |  | 85381 |  | 100088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax liabilities |  |  | 792071 |  | 610484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax liabilities | 1225 |  | 1987239 |  | 1819080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities included in disposal groups classified as held for sale |  |  | 73340 |  | 68290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities | 46 |  | 66301028 |  | 43651463 |
|  **Total liabilities** |  |  | 768600691 |  | 737093044 |
|  **Equity** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share capital |  |  | 2090558 |  | 2090558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities |  |  | 3940317 |  | 4359388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital surplus |  |  | 9102701 |  | 16633518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated other comprehensive income (loss) | 27 |  | (496564) |  | (467456) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retained earnings |  |  | 46394648 |  | 38333741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury shares |  |  | (1682715) |  | (1901538) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Equity attributable to shareholders of the Parent Company** | 19 |  | 59348945 |  | 59048211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Non-controlling interests** |  |  | 1791191 |  | 1781778 |
|  **Total equity** |  |  | 61140136 |  | 60829989 |
|  **Total liabilities and equity** |  | W | 829740827 | W | 797923033 |

---

The above consolidated interim statements of financial position should be read in conjunction with the accompanying notes.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Consolidated Interim Statements of Comprehensive Income** 

**Three-month Periods Ended March 31, 2026 and 2025** 

*(in millions of Korean won, except per share amounts)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Notes** | **2026<br>(Unaudited)** | **2026<br>(Unaudited)** | **2025<br>(Unaudited)** | **2025<br>(Unaudited)** |
|  Interest income |  | W | 7159729 | W | 7454941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at fair value through other comprehensive income and amortized cost |  |  | 6783441 |  | 7082796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at fair value through profit or loss |  |  | 364819 |  | 362055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance interest income |  |  | 11469 |  | 10090 |
|  Interest expense |  |  | (3824907) |  | (4192776) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense |  |  | (3421844) |  | (3810634) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance interest expense |  |  | (403063) |  | (382142) |
|  **Net interest income** | 520 |  | 3334822 |  | 3262165 |
|  Fee and commission income |  |  | 1810375 |  | 1330233 |
|  Fee and commission expense |  |  | (451046) |  | (396185) |
|  **Net fee and commission income** | 521 |  | 1359329 |  | 934048 |
|  Insurance income |  |  | 3132257 |  | 3107811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance income |  |  | 3009677 |  | 2835068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance income |  |  | 122580 |  | 272743 |
|  Insurance expense |  |  | (2788616) |  | (2670058) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance service expense |  |  | (2582976) |  | (2464199) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance expense |  |  | (205640) |  | (205859) |
|  **Net insurance income** | 529 |  | 343641 |  | 437753 |
|  **Net gains on financial instruments at fair value through profit or loss** | 522 |  | 366844 |  | 546218 |
|  **Other insurance finance expenses** | 29 |  | (354306) |  | (139570) |
|  **Net other operating expenses** | 523 |  | (64581) |  | (486424) |
|  **General and administrative expenses** | 524 |  | (1764914) |  | (1605565) |
|  **Operating income before provision for credit losses** | 5 |  | 3220835 |  | 2948625 |
|  **Provision for credit losses** | 5791017 |  | (493269) |  | (655597) |
|  **Net operating income** | 5 |  | 2727566 |  | 2293028 |
|  Share of profit of associates and joint ventures | 5 |  | 20224 |  | 5448 |
|  Net other non-operating income (expenses) | 5 |  | (116650) |  | 8130 |
|  **Net non-operating income (expenses)** |  |  | (96426) |  | 13578 |
|  **Profit before income tax expense** | 5 |  | 2631140 |  | 2306606 |
|  **Income tax expense** | 525 |  | (714671) |  | (607484) |
|  **Profit for the period** | 5 |  | 1916469 |  | 1699122 |

---

(Continued)

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Consolidated Interim Statements of Comprehensive Income** 

**Three-month Periods Ended March 31, 2026 and 2025** 

*(in millions of Korean won, except per share amounts)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Notes** | **2026<br>(Unaudited)** | **2026<br>(Unaudited)** | **2025<br>(Unaudited)** | **2025<br>(Unaudited)** |
|  Items that will not be reclassified to profit or loss: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  | W | (9533) | W | (7427) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive income (loss) of associates and joint ventures |  |  | 27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on equity securities at fair value through other comprehensive income |  |  | 33397 |  | 44423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  |  | (1279) |  | (5845) |
|  |  |  | 22612 |  | 31151 |
|  Items that may be reclassified subsequently to profit or loss: | Items that may be reclassified subsequently to profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency translation differences |  |  | 278179 |  | (14466) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on debt securities at fair value through other comprehensive income |  |  | (2333841) |  | 911031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive income (loss) of associates and joint ventures |  |  | 1264 |  | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on cash flow hedging instruments | 8 |  | (244355) |  | 31501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on hedging instruments of net investments in foreign operations | 8 |  | (82434) |  | 3524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance income (expense) | 29 |  | 2339508 |  | (1870605) |
|  |  |  | (41679) |  | (938891) |
|  **Other comprehensive loss for the period, net of tax** |  |  | (19067) |  | (907740) |
|  **Total comprehensive income for the period** |  | W | 1897402 | W | 791382 |
|  **Profit attributable to:** | 5 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholders of the Parent Company |  | W | 1892401 | W | 1697271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-controlling interests |  |  | 24068 |  | 1851 |
|  |  | W | 1916469 | W | 1699122 |
|  **Total comprehensive income (loss) for the period attributable to:** | **Total comprehensive income (loss) for the period attributable to:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholders of the Parent Company |  | W | 1864440 | W | 797586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-controlling interests |  |  | 32962 |  | (6204) |
|  |  | W | 1897402 | W | 791382 |
|  **Earnings per share (in Korean won)** | 28 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic earnings per share |  | W | 5165 | W | 4429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted earnings per share |  |  | 5120 |  | 4384 |

---

The above consolidated interim statements of comprehensive income should be read in conjunction with the accompanying notes.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Consolidated Interim Statements of Changes in Equity** 

**Three-month Periods Ended March 31, 2026 and 2025** 

*(in millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | **Equity attributable to shareholders of the Parent Company** | | | | |
|  | | | | | | | | **Accumulated** | **Accumulated** | | | | | | | | |
|  | | | | | | | | **other** | **other** | | | | | | | | |
|  | | **Share** | **Share** | **Hybrid** | **Hybrid** | **Capital** | **Capital** | **comprehensive** | **comprehensive** | **Retained** | **Retained** | **Treasury** | **Treasury** | **Non-controlling** | **Non-controlling** | **Total** | **Total** |
|  |<br><br>**Notes** | **capital** | **capital** | **securities** | **securities** | **surplus** | **surplus** | **income (loss)** | **income (loss)** | **earnings** | **earnings** | **shares** | **shares** | **interests** | **interests** | **equity** | **equity** |
|  **Balance as of January 1, 2025** |  | W | 2090558 | W | 5082578 | W | 16646734 | W | 496922 | W | 34808220 | W | (1236060) | W | 1926229 | W | 59815181 |
|  **Comprehensive income for the period** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit for the period |  |  |  |  |  |  |  |  |  |  | 1697271 |  |  |  | 1851 |  | 1699122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  |  |  |  |  |  |  |  | (7006) |  |  |  |  |  | (421) |  | (7427) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency translation differences |  |  |  |  |  |  |  |  | (6789) |  |  |  |  |  | (7677) |  | (14466) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on financial instruments at fair value through other comprehensive income and transfer to retained earnings |  |  |  |  |  |  |  |  | 956566 |  | (1177) |  |  |  | 65 |  | 955454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive loss of associates and joint ventures |  |  |  |  |  |  |  |  | 124 |  |  |  |  |  |  |  | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on cash flow hedging instruments |  |  |  |  |  |  |  |  | 31523 |  |  |  |  |  | (22) |  | 31501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on hedging instruments of net investments in foreign operations |  |  |  |  |  |  |  |  | 3524 |  |  |  |  |  |  |  | 3524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance expense |  |  |  |  |  |  |  |  | (1870605) |  |  |  |  |  |  |  | (1870605) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  |  |  |  |  |  |  |  | (5845) |  |  |  |  |  |  |  | (5845) |
|  **Total comprehensive income (loss) for the period** |  |  |  |  |  |  |  |  | (898508) |  | 1696094 |  |  |  | (6204) |  | 791382 |
|  **Transactions with shareholders** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annual dividends paid to shareholders of the Parent Company |  |  |  |  |  |  |  |  |  |  | (298285) |  |  |  |  |  | (298285) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issuance of hybrid securities |  |  |  |  | 404004 |  |  |  |  |  |  |  |  |  |  |  | 404004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends on hybrid securities |  |  |  |  |  |  |  |  |  |  | (49633) |  |  |  | (25600) |  | (75233) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of treasury shares |  |  |  |  |  |  | (43458) |  |  |  |  |  | (464114) |  |  |  | (507572) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership changes in subsidiaries |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (32) |  | (32) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  |  |  |  |  | (100) |  |  |  |  |  |  |  | 5419 |  | 5319 |
|  **Total transactions with shareholders** |  |  |  |  | 404004 |  | (43558) |  |  |  | (347918) |  | (464114) |  | (20213) |  | (471799) |
|  **Balance as of March 31, 2025 (Unaudited)** |  | W | 2090558 | W | 5486582 | W | 16603176 | W | (401586) | W | 36156396 | W | (1700174) | W | 1899812 | W | 60134764 |
|  **Balance as of January 1, 2026** |  | W | 2090558 | W | 4359388 | W | 16633518 | W | (467456) | W | 38333741 | W | (1901538) | W | 1781778 | W | 60829989 |
|  **Comprehensive income for the period** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit for the period |  |  |  |  |  |  |  |  |  |  | 1892401 |  |  |  | 24068 |  | 1916469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  |  |  |  |  |  |  |  | (9591) |  |  |  |  |  | 58 |  | (9533) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency translation differences |  |  |  |  |  |  |  |  | 262091 |  |  |  |  |  | 16088 |  | 278179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on financial instruments at fair value through other comprehensive income and transfer to retained earnings |  |  |  |  |  |  |  |  | (2301468) |  | 1147 |  |  |  | (123) |  | (2300444) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive income of associates and joint ventures |  |  |  |  |  |  |  |  | 1291 |  |  |  |  |  |  |  | 1291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on cash flow hedging instruments |  |  |  |  |  |  |  |  | (237226) |  |  |  |  |  | (7129) |  | (244355) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on hedging instruments of net investments in foreign operations |  |  |  |  |  |  |  |  | (82434) |  |  |  |  |  |  |  | (82434) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance income (expense) |  |  |  |  |  |  |  |  | 2339508 |  |  |  |  |  |  |  | 2339508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  |  |  |  |  |  |  |  | (1279) |  |  |  |  |  |  |  | (1279) |
|  **Total comprehensive income (loss) for the period** |  |  |  |  |  |  |  |  | (29108) |  | 1893548 |  |  |  | 32962 |  | 1897402 |
|  **Transactions with shareholders** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annual dividends paid to shareholders of the Parent Company |  |  |  |  |  |  |  |  |  |  | (573768) |  |  |  |  |  | (573768) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends on hybrid securities |  |  |  |  |  |  |  |  |  |  | (44808) |  |  |  | (19375) |  | (64183) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of hybrid securities |  |  |  |  | (419071) |  |  |  |  |  |  |  |  |  |  |  | (419071) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of treasury shares |  |  |  |  |  |  |  |  |  |  |  |  | (497059) |  |  |  | (497059) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement of treasury shares |  |  |  |  |  |  |  |  |  |  | (715882) |  | 715882 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ownership changes in subsidiaries |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (38) |  | (38) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to retained earnings |  |  |  |  |  |  | (7500000) |  |  |  | 7500000 |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  |  |  |  |  | (30817) |  |  |  | 1817 |  |  |  | (4136) |  | (33136) |
|  **Total transactions with shareholders** |  |  |  |  | (419071) |  | (7530817) |  |  |  | 6167359 |  | 218823 |  | (23549) |  | (1587255) |
|  **Balance as of March 31, 2026 (Unaudited)** |  | W | 2090558 | W | 3940317 | W | 9102701 | W | (496564) | W | 46394648 | W | (1682715) | W | 1791191 | W | 61140136 |

---

The above consolidated interim statements of changes in equity should be read in conjunction with the accompanying notes.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Consolidated Interim Statements of Cash Flows** 

**Three-month Periods Ended March 31, 2026 and 2025** 

*(in millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Notes** | **2026<br>(Unaudited)** | **2026<br>(Unaudited)** | **2025<br>(Unaudited)** | **2025<br>(Unaudited)** |
|  **Cash flows from operating activities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit for the period |  | W | 1916469 | W | 1699122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjustment for non-cash items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net gains on financial assets at fair value through profit or loss |  |  | (274069) |  | (250552) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net losses on derivative financial instruments for hedging purposes |  |  | 180787 |  | 3926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for credit losses |  |  | 493269 |  | 655597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net gains on financial investments |  |  | (30310) |  | (97963) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of gains of associates and joint ventures |  |  | (20224) |  | (5448) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation and amortization expense |  |  | 215663 |  | 223912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other net losses (gains) on property and equipment/intangible assets |  |  | 26444 |  | (1795) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share-based payments |  |  | 33754 |  | (5909) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Post-employment benefits |  |  | 46635 |  | 43915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net interest expense |  |  | 58851 |  | 6025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses (gains) on foreign currency translation |  |  | (25460) |  | 647217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance income |  |  | (2655772) |  | (2739544) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance finance expense |  |  | 273943 |  | 204972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other expenses |  |  | 148410 |  | 179810 |
|  |  |  | (1528079) |  | (1135837) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in operating assets and liabilities |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial asset at fair value through profit or loss |  |  | (5092889) |  | (1201251) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial instruments |  |  | (162779) |  | 103284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at fair value through other comprehensive income |  |  | (75298) |  | (102446) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  |  | (782156) |  | (3889232) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax assets |  |  | (31104) |  | 10870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax assets |  |  | 3083 |  | 48778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets |  |  | (22584181) |  | (5328068) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss |  |  | (69085) |  | (25976) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits |  |  | 4582767 |  | (1589209) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax liabilities |  |  | 181587 |  | 77732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax liabilities |  |  | 205185 |  | 267582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities |  |  | 21724587 |  | 10989139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance contract assets |  |  | (93706) |  | (25023) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance contract assets |  |  | (196474) |  | (311821) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance contract liabilities |  |  | 3525623 |  | 3560047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance contract liabilities |  |  | (17933) |  | 26190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment contract liabilities |  |  | 41067 |  | (174354) |
|  |  |  | 1158294 |  | 2436242 |
|  **Net cash inflow from operating activities** |  |  | 1546684 |  | 2999527 |

---

(Continued)

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Consolidated Interim Statements of Cash Flows** 

**Three-month Periods Ended March 31, 2026 and 2025** 

*(in millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Notes** | **2026<br>(Unaudited)** | **2026<br>(Unaudited)** | **2025<br>(Unaudited)** | **2025<br>(Unaudited)** |
|  **Cash flows from investing activities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash flows from derivative financial instruments for hedging purposes |  |  | (38569) |  | (11028) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of financial asset at fair value through profit or loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of financial asset at fair value through profit or loss |  | 7061372 |  | 3228078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of financial asset at fair value through profit or loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of financial asset at fair value through profit or loss |  | (6096485) |  | (5683774) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of financial investments |  |  | 15045170 |  | 17057525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of financial investments |  |  | (17252269) |  | (15121442) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of investments in associates and joint ventures |  |  | 140243 |  | 129741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of investments in associates and joint ventures | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of investments in associates and joint ventures |  | (3589) |  | (42604) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of property and equipment |  |  | 1776 |  | 29818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of property and equipment |  |  | (45145) |  | (123860) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of investment property |  |  |  |  | (183296) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of intangible assets |  |  | 1314 |  | 430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of intangible assets |  |  | (38766) |  | (44803) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash flows from changes in ownership of subsidiaries |  |  | (89980) |  | (36439) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  | (15678) |  | (39620) |
|  **Net cash outflow from investing activities** |  |  | (1330606) |  | (841274) |
|  **Cash flows from financing activities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash flows from derivative financial instruments for hedging purposes |  |  | (97833) |  | (96975) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net increase (decrease) in borrowings |  |  | (112782) |  | 1001436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in debentures |  |  | 15613954 |  | 13717324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease in debentures |  |  | (16960863) |  | (14756635) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase (decrease) in other payables to trust accounts |  |  | (794464) |  | 338470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issuance of hybrid securities |  |  |  |  | 404004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of hybrid securities |  |  | (420000) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends paid on hybrid securities |  |  | (44808) |  | (49633) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of treasury shares |  |  | (497059) |  | (464114) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of principal of lease liabilities |  |  | (95012) |  | (90202) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase (decrease) in non-controlling interests |  |  | (19375) |  | (75891) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  | 64953 |  | (227191) |
|  **Net cash outflow from financing activities** |  |  | (3363289) |  | (299407) |
|  **Effect of exchange rate changes on cash and cash equivalents** | **Effect of exchange rate changes on cash and cash equivalents** |  | 354560 |  | 96471 |
|  **Net increase (decrease) in cash and cash equivalents** |  |  | (2792651) |  | 1955317 |
|  **Cash and cash equivalents at the beginning of the period** | 30 |  | 29020564 |  | 24608867 |
|  **Cash and cash equivalents at the end of the period** | 30 | W | 26227913 | W | 26564184 |

---

The above consolidated interim statements of cash flows should be read in conjunction with the accompanying notes.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**1. The Parent Company** 

KB Financial Group Inc. (the "Parent Company") was incorporated on September 29, 2008, under the Financial Holding Companies Act of Korea. KB Financial Group Inc. and its subsidiaries (the "Group") derive substantially all of their revenue and income from providing a broad range of banking and related financial services to consumers and corporations. The Parent Company's main business purpose is to control subsidiaries that engage in the financial business or subsidiaries closely related to the financial business through the stock ownership. The Parent Company's headquarter is located at 26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul. In 2011, Kookmin Bank spun off its credit card business segment and established a new separate credit card company, KB Kookmin Card Co., Ltd. and KB Investment & Securities Co., Ltd. merged with KB Futures Co., Ltd. The Group established KB Savings Bank Co., Ltd. in January 2012, acquired Yehansoul Savings Bank Co., Ltd. in September 2013, and KB Savings Bank Co., Ltd. merged with Yehansoul Savings Bank Co., Ltd. in January 2014. In March 2014, the Group acquired Woori Financial Co., Ltd. and changed the name to KB Capital Co., Ltd. Meanwhile, the Group included LIG Insurance Co., Ltd. as an associate and changed the name to KB Insurance Co., Ltd. in June 2015, and KB Insurance Co., Ltd. became one of the subsidiaries through a tender offer in May 2017. Also, the Group included Hyundai Securities Co., Ltd. as an associate in June 2016 and included as a subsidiary in October 2016 by comprehensive exchange of shares. Hyundai Securities Co., Ltd. merged with KB Investment & Securities Co., Ltd. in December 2016 and changed its name to KB Securities Co., Ltd. in January 2017. In August 2020, the Group acquired Prudential Life Insurance Company of Korea Ltd. which was classified as a subsidiary and the name was changed to KB Life Insurance Co., Ltd. in December 2022. Then in January 2023, it merged with another existing KB Life Insurance Co., Ltd. The Parent Company sold 100% shares of KB Credit Information Co., Ltd. to KB Kookmin Card Co., Ltd. on June 30, 2023.

The Parent Company's share capital as of March 31, 2026, is W 2,090,558 million. The Parent Company has been listed on the Korea Exchange ("KRX") since October 10, 2008, and on the New York Stock Exchange ("NYSE") for its American Depositary Shares ("ADS") since September 29, 2008. Number of shares authorized in its Articles of Incorporation is 1,000 million.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**2. Basis of Preparation** 

**2.1 Application of Korean IFRS** 

The Group maintains its accounting records in Korean won and prepares statutory consolidated financial statements in the Korean language in accordance with International Financial Reporting Standards as adopted by the Republic of Korea ("Korean IFRS"). The accompanying consolidated financial statements have been translated into English from the Korean language consolidated financial statements.

The consolidated financial statements of the Group have been prepared in accordance with Korean IFRS. Korean IFRS are the standards and related interpretations issued by the International Accounting Standards Board ("IASB") that have been adopted by the Republic of Korea.

The preparation of the consolidated financial statements requires the use of certain critical accounting estimates. Management also needs to exercise judgment in applying the Group's accounting policies. The areas that require a more complex and higher level of judgment or areas that require significant assumptions and estimations are disclosed in Note 2.4.

The Group's condensed consolidated interim financial statements for the three-month period ended March 31, 2026, have been prepared in accordance with Korean IFRS No.1034 *Interim Financial Reporting* and contain less information than is required in annual consolidated financial statements. Selected explanatory notes include descriptions of transactions or events that are significant in understanding change in financial position and financial performance of the Group since the end of the previous annual reporting period. These consolidated interim financial statements have been prepared in accordance with Korean IFRS which is effective or early adopted as of March 31, 2026.

2.1.1 The Group has applied the following standards and amendments for the first time for their annual reporting period commencing January 1, 2026.

*•* *Amendments to Korean IFRS No.1109 Financial Instruments, Korean IFRS No.1107 Financial Instruments: Disclosures* 

Korean IFRS No.1109 *Financial Instruments* and Korean IFRS No.1107 *Financial Instruments: Disclosures* have been amended to respond to recent questions arising in practice, and to include new requirements.

These amendments do not have a significant impact on the financial statements. These amendments:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception
for some financial liabilities settled through an electronic cash transfer system;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal
and interest (SPPI) criterion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• add new disclosures of impact on the entity and the extent to which the entity is exposed for each type of
financial instruments if the timing or amount of contractual cash flow changes due to amendment of contract term; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• update the disclosures for equity instruments designated at fair value through other comprehensive income (FVOCI)

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

*•* *Annual Improvements to Korean IFRS - Volume 11* 

Annual Improvements to Korean IFRS - *Volume 11* should be applied for annual periods beginning on or after January 1, 2026. These amendments do not have a significant impact on the financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1101 *First-time Adoption of International Financial Reporting Standards: Hedge accounting by a first-time adopter* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1107 *Financial Instruments: Disclosures: Gain or loss on derecognition and implementation guidance* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1109 *Financial Instruments: Derecognition of lease liabilities and definition of transaction price* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1110 *Consolidated Financial Statements: Determination of a 'de facto agent'* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1007 *Statement of Cash Flows: Cost method* 

2.1.2 The following are the accounting standards that have been issued but were not mandatory for annual reporting periods ending on December 31, 2026.

*•* *Korean IFRS No.1118 Presentation and Disclosures in Financial Statements* 

Korean IFRS No.1118 "Presentation and Disclosure in Financial Statements" replaces Korean IFRS No.1001 "Presentation of Financial Statements." Korean IFRS No.1118 is expected to enhance the comparability of financial performance among similar entities by providing users with more useful information for analyzing and comparing an entity's performance based on the income statement.

When the Group prepares its financial statements by applying Korean IFRS No.1118, the following material accounting policies are expected to result in significant differences compared to the current financial statements. These items do not include all potential differences and may be subject to change based on further analysis.

• Changes in the presentation of the income statement

Korean IFRS No.1118 requires all income and expenses included in the statement of profit or loss to be classified into one of five categories: operating, investing, financing, income taxes, and discontinued operations. The Standard classifies all income and expenses not attributable to the investing, financing, income tax, or discontinued operations categories as operating and defines operating profit or loss as a residual measure. The Group is required to assess its main business activities in determining the classification of income and expenses. Where the Group's main business activities include investing in a particular type of asset or providing financing to customers, certain income and expenses that would otherwise be classified as investing or financing are classified as operating. Accordingly, operating profit or loss determined under Korean IFRS No.1118 may differ significantly from that determined under Korean IFRS No.1001.The Standard requires the disclosure, in the notes, of operating profit or loss determined in accordance with Korean IFRS No.1001, as well as a reconciliation between operating profit or loss under Korean IFRS No.1118 and that determined in accordance with Korean IFRS No.1001.

In addition, Korean IFRS No.1118 requires the presentation in the statement of profit or loss of "operating profit or loss," comprising all income and expenses classified in the operating category; "profit or loss before financing and income taxes," comprising operating profit or loss and all income and expenses classified in the investing category; and "profit or loss." However, where the Group's main business activities include providing financing to customers, the presentation of "profit or loss before financing and income taxes" may not be required, depending on the accounting policy applied.

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

• Introduction of disclosure of management-defined performance measures

Korean IFRS No.1118 introduces new disclosure requirements for management-defined performance measures (MPMs). MPMs are defined as subtotals of income and expenses that are not specified in paragraph 118 of the Standard and are not otherwise required to be presented or disclosed under Korean IFRS. These measures are used by an entity in public communications outside the financial statements and are intended to communicate management's view of the entity's financial performance to users of the financial statements.

When the Group reports MPMs, it is required to disclose the reasons why such measures provide useful information, how those measures are calculated, and a reconciliation between those measures and the most directly comparable subtotal specified in Korean IFRS No.1118. In addition, the Group is required to disclose the income tax effects and the effects on non-controlling interests for each reconciling item.

• Changes in classification of cash flows

Consequential amendments have been made to Korean IFRS No.1007 "Statement of Cash Flows" following the issuance of Korean IFRS No.1118. Under these amendments, the starting point for determining cash flows from operating activities using the indirect method has been changed from profit or loss to operating profit or loss, and the accounting policy choice for the classification of interest and dividends has been eliminated.

Korean IFRS No.1118 is effective for annual reporting periods beginning on or after January 1, 2027, with early adoption permitted. In accordance with Korean IFRS No.1008 "Accounting Policies, Changes in Accounting Estimates and Errors," the Standard is required to be applied retrospectively, and accordingly, the comparative information for the year ending December 31, 2026 will be restated. The amendments to Korean IFRS No.1007 and No.1033, as well as the revised Korean IFRS No.1008 and No.1107 resulting from the issuance of Korean IFRS No.1118, are effective when Korean IFRS No.1118 is applied.

As the mandatory effective date of Korean IFRS No.1118 has not yet been reached, the Group has not applied the Standard and plans to present its first interim financial statements for the period ending March 31, 2027 in accordance with Korean IFRS No.1118. Based on the information available as of March 31, 2026, the Group is in the process of assessing the financial impact of adopting Korean IFRS No.1118, establishing accounting policies, and implementing changes to its accounting systems, and is performing a preliminary overall assessment of the impact of applying the Standard.

**2.2 Measurement Basis** 

The consolidated financial statements have been prepared based on the historical cost accounting model unless otherwise specified.

**2.3 Functional and Presentation Currency** 

Items included in the financial statements of each entity of the Group are measured using the currency of the primary economic environment in which the entity operates ("functional currency"). The consolidated financial statements are presented in Korean won, which is the Parent Company's functional and presentation currency.

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**2.4 Critical Accounting Estimates** 

The Group applies accounting policies and uses judgements, accounting estimates and assumptions that may have a significant impact on the assets (liabilities) and incomes (expenses). Management's estimates of outcomes may differ from actual outcomes if management's estimates and assumptions based on management's best judgment at the reporting date are different from the actual environment.

Estimates and underlying assumptions are continually evaluated, and changes in accounting estimates are recognized in the period in which the estimates are changed and in any future periods affected.

Uncertainties in estimates and assumptions with significant risks used in the preparation of these condensed consolidated interim financial statements are the same as those applied to the consolidated financial statements for the year ended December 31, 2025.

**3. Material Accounting Policies** 

The material accounting policies and calculation methods applied in the preparation of these consolidated interim financial statements are the same as those applied to the consolidated financial statements for the year ended December 31, 2025, except for the impact of changes due to adopting new and amended standards and interpretations described in Note 2.1 and below paragraph.

The Group is subject to Pillar 2 income taxes, and has applied a temporary exemption provision regarding the recognition and disclosure of deferred taxes related to the Pillar 2 rules.

Income tax expense for the interim period is measured applying the expected average annual income tax rate applicable on expected total annual income.

**4. Financial Risk Management** 

4.1 Summary

4.1.1 Overview of financial risk management policy

The financial risks that the Group is exposed to are credit risk, market risk, liquidity risk, operational risk, and others.

This note regarding financial risk management provides information about the risks that the Group is exposed to and about its objectives, policies, risk assessment and management procedures, and capital management. Additional quantitative information is disclosed throughout the consolidated financial statements.

The Group's risk management system focuses on efficiently supporting long-term strategy and management decisions of the Group by increasing risk transparency, preventing risk transfer between subsidiaries and preemptive response to rapidly changing financial environments. Credit risk, market risk, operational risk, interest rate risk, insurance risk, liquidity risk, credit concentration risk, strategy risk, reputation risk, and foreign exchange settlement risk are recognized as the Group's significant risks and measured and managed according to regulatory capital and internal capital standards.

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.1.2 Risk management organization

4.1.2.1 Risk Management Committee

The Risk Management Committee, as the ultimate decision-making body, deals with risk-related issues, such as establishing risk management strategies in accordance with the strategic direction determined by the board of directors, determining the affordable level of risk appetite, reviewing the level of risk and the status of risk management activities, approving the application of risk management systems, methodologies, and major improvements, and establishing and approving risk management strategies and procedures to timely recognize, measure, monitor, and control risks arising from various transactions by the Group.

4.1.2.2 Risk Management Council

The Risk Management Council is responsible for consulting on matters delegated by the Risk Management Committee and requests for review by the Management Executive Committee, consulting on details of each subsidiary's risk management strategies and procedures, monitoring the Group's risk management status, and establishing and implementing necessary measures.

4.1.2.3 Risk Management Department

The Risk Management Department performs the Group's risk management detailed strategies, procedures, and business processes, and is responsible for calculating the Group's risk-weighted assets, monitoring and managing internal capital limits.

4.2 Credit Risk

4.2.1 Overview of credit risk

Credit risk is the risk of loss from the portfolio of assets held due to the counterparty's default, breach of contract, and deterioration of credit quality. For risk management reporting purposes, the Group considers all factors of credit risk exposure, such as default risk of individual borrowers, country risk, and risk of specific sectors in an integrated way.

4.2.2 Credit risk management

The Group measures the expected loss and internal capital for the assets subject to credit risk management, including on-balance and off-balance assets, and uses them as management indicators. The Group allocates and manages credit risk internal capital limits.

In addition, to prevent excessive concentration of exposures by borrower and industry, the total exposure limit at the Group level is introduced, applied, and managed to control the credit concentration risk.

All of the Kookmin Bank's loan customers (individuals and corporates) are assigned a credit rating and managed by a comprehensive internal credit evaluation system. For individuals, the credit rating is evaluated by utilizing personal information, income and job information, asset information, and bank transaction information. For corporates, the credit rating is evaluated by analyzing and utilizing financial and non-financial information which measures current and future corporate value and ability to repay the debt. Also, the extent to which corporates have the ability to meet debt obligations is comprehensively considered.

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

The credit rating, once assigned, serves as the fundamental instrument in Kookmin Bank's credit risk management, and is applied in a wide range of credit risk management processes, including credit approval, credit limit management, loan pricing, and assessment of allowances for credit losses. For corporates, Kookmin Bank conducts a regular credit evaluation at least once a year, and the review and supervision departments regularly validate the adequacy of credit ratings to manage credit risks.

KB Kookmin Card Co., Ltd.'s credit scoring system is divided into Application Scoring System ("ASS") and Behavior Scoring System ("BSS"). For applications that meet the eligibility criteria for card issuance, the card will be issued only if the ASS credit rating is above the standard. KB Kookmin Card Co., Ltd.'s internal information, external information from the credit bureau company and others, and personal information on the application are used to calculate the ASS credit rating. The BSS, which is recalculated on a weekly basis, predicts the delinquency probability of cardholders, and utilizes it to monitor cardholders and portfolio risk.

In order to establish a credit risk management system, the Group manages credit risk by forming a separate risk management organization. In particular, independently of the Sales Group, the Credit Management & Analysis Group of Kookmin Bank, a subsidiary, is in charge of loan policy, loan system, credit rating, credit analysis, follow-up management, and corporate restructuring. The Risk Management Group of Kookmin Bank is responsible for establishing policies on credit risk management, measuring and limiting internal capital of credit risk, setting credit limits, credit review, and verification of credit rating models.

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.3 Maximum exposure to credit risk

The Group's maximum exposures to credit risk without consideration of collateral values in relation to financial instruments other than equity securities as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions measured at amortized cost \* | W | 30118831 | W | 32567708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions measured at fair value through profit or loss |  | 544667 |  | 476717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at fair value through profit or loss |  | 85173501 |  | 80553348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at fair value through profit or loss |  | 1105609 |  | 1231012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives |  | 12311508 |  | 8178056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost \* |  | 494353167 |  | 491978044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at fair value through other comprehensive income |  | 90716977 |  | 93312419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost \* |  | 37274076 |  | 35067192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at fair value through other comprehensive income |  | 2070276 |  | 1995083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets \* |  | 41668942 |  | 19069696 |
|  |  | 795337554 |  | 764429275 |
|  **Off-balance sheet items** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances and guarantees contracts |  | 16163296 |  | 15503443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial guarantee contracts |  | 7801761 |  | 7209320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commitments |  | 216903092 |  | 213477156 |
|  |  | 240868149 |  | 236189919 |
|  | W | 1036205703 | W | 1000619194 |

---

\* After netting of allowance

4.2.4 Credit risk of loans

The Group maintains allowances for loan losses associated with credit risk of loans to manage its credit risk.

The Group assesses expected credit losses and recognizes loss allowances of financial assets at amortized cost and financial assets at fair value through other comprehensive income. Financial assets at fair value through profit or loss are excluded. Expected credit losses are a probability-weighted estimate of possible credit losses occurring in a certain range by reflecting reasonable and supportable information that is reasonably available at the end of the reporting period without undue cost or effort, including information about past events, current conditions, and forecasts of future economic conditions. The Group measures the expected credit losses of loans classified as financial assets at amortized cost, by deducting allowances for credit losses. The expected credit losses of loans classified as financial assets at fair value through other comprehensive income are presented in other comprehensive income in the consolidated financial statements.

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**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.4.1 Credit risk exposure

Credit qualities of loans as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
|  **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Corporate** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 151992092 | W | 10550101 | W | 20009 | W | W | 162562202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 78147811 |  | 12120012 |  | 32838 |  |  | 90300661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 3730254 |  | 4981923 |  | 35176 |  |  | 8747353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  | 844780 |  | 1117542 |  | 38146 |  |  | 2000468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 8352 |  | 824928 |  | 3291091 |  |  | 4124371 |
|  |  | 234723289 |  | 29594506 |  | 3417260 |  |  | 267735055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Retail** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 |  | 184097728 |  | 5163485 |  | 3934 |  |  | 189265147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 7684064 |  | 3975002 |  | 37794 |  |  | 11696860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 3758656 |  | 1347053 |  | 48681 |  |  | 5154390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  | 169823 |  | 777994 |  | 62185 |  |  | 1010002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 51505 |  | 735709 |  | 1299541 |  |  | 2086755 |
|  |  | 195761776 |  | 11999243 |  | 1452135 |  |  | 209213154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Credit card** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 |  | 12232421 |  | 231948 |  |  |  |  | 12464369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 5347974 |  | 463906 |  |  |  |  | 5811880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 1990076 |  | 1661420 |  |  |  |  | 3651496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  | 12089 |  | 371388 |  |  |  |  | 383477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 1239 |  | 273065 |  | 387920 |  |  | 662224 |
|  |  | 19583799 |  | 3001727 |  | 387920 |  |  | 22973446 |
|  |  | 450068864 |  | 44595476 |  | 5257315 |  |  | 499921655 |
|  **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Corporate** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade1 |  | 2047494 |  |  |  |  |  |  | 2047494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade2 |  | 22782 |  |  |  |  |  |  | 22782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade3 |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade4 |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade5 |  |  |  |  |  |  |  |  |  |
|  |  | 2070276 |  |  |  |  |  |  | 2070276 |
|  |  | 2070276 |  |  |  |  |  |  | 2070276 |
|  | W | 452139140 | W | 44595476 | W | 5257315 | W | W | 501991931 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.4.1 Credit risk exposure (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
|  **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Corporate** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 150735198 | W | 10805239 | W | 16285 | W | W | 161556722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 76244644 |  | 12311562 |  | 17076 |  |  | 88573282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 3875195 |  | 5515745 |  | 24507 |  |  | 9415447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  | 832704 |  | 1454812 |  | 46665 |  |  | 2334181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 8535 |  | 731636 |  | 2744600 |  |  | 3484771 |
|  |  | 231696276 |  | 30818994 |  | 2849133 |  |  | 265364403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Retail** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 |  | 183746803 |  | 5416479 |  | 4490 |  |  | 189167772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 7703085 |  | 4084210 |  | 38468 |  |  | 11825763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 3861528 |  | 1248406 |  | 46491 |  |  | 5156425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  | 171910 |  | 629006 |  | 53419 |  |  | 854335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 47663 |  | 624890 |  | 1207903 |  |  | 1880456 |
|  |  | 195530989 |  | 12002991 |  | 1350771 |  |  | 208884751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Credit card** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 |  | 12184584 |  | 534917 |  |  |  |  | 12719501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 4807297 |  | 994230 |  |  |  |  | 5801527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 1659545 |  | 1974678 |  |  |  |  | 3634223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  | 10458 |  | 364706 |  |  |  |  | 375164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 971 |  | 276685 |  | 327015 |  |  | 604671 |
|  |  | 18662855 |  | 4145216 |  | 327015 |  |  | 23135086 |
|  |  | 445890120 |  | 46967201 |  | 4526919 |  |  | 497384240 |
|  **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** | **Loans measured at fair value through other comprehensive income** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Corporate** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade1 |  | 1973472 |  |  |  |  |  |  | 1973472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade2 |  | 21611 |  |  |  |  |  |  | 21611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade3 |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade4 |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade5 |  |  |  |  |  |  |  |  |  |
|  |  | 1995083 |  |  |  |  |  |  | 1995083 |
|  |  | 1995083 |  |  |  |  |  |  | 1995083 |
|  | W | 447885203 | W | 46967201 | W | 4526919 | W | W | 499379323 |

---

\* Before netting of allowance

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.4.1 Credit risk exposure (cont'd)

Credit qualities of loans graded according to internal credit ratings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | **Range of**<br>**probability of default (%)** | **Retail** | **Corporate** |
|  Grade 1 | 0.0 ~ 1 | 1 ~ 5 grade | AAA ~ BBB+ |
|  Grade 2 | 1.0 ~ 5 | 6 ~ 8 grade | BBB ~ BB |
|  Grade 3 | 5.0 ~ 15 | 9 ~ 10 grade | BB- ~ B |
|  Grade 4 | 15.0 ~ 30 | 11 grade | B- ~ CCC |
|  Grade 5 | 30.0 ~ | 12 grade or under | CC or under |

---

4.2.4.2 Quantification of the extent to which collateral and other credit enhancements mitigate credit risk of loans as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Total** | **Total** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **Total** | **Total** |
|  Guarantees | W | 117543480 | W | 13220995 | W | 358434 | W | 131122909 |
|  Deposits and savings |  | 3325185 |  | 154744 |  | 9945 |  | 3489874 |
|  Property and equipment |  | 16861457 |  | 1133369 |  | 231157 |  | 18225983 |
|  Real estate |  | 226637284 |  | 22072350 |  | 2241380 |  | 250951014 |
|  | W | 364367406 | W | 36581458 | W | 2840916 | W | 403789780 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Total** | **Total** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **Total** | **Total** |
|  Guarantees | W | 118325461 | W | 13368234 | W | 354137 | W | 132047832 |
|  Deposits and savings |  | 3263931 |  | 152943 |  | 10512 |  | 3427386 |
|  Property and equipment |  | 15781206 |  | 1105274 |  | 196548 |  | 17083028 |
|  Real estate |  | 224337077 |  | 22748365 |  | 1956575 |  | 249042017 |
|  | W | 361707675 | W | 37374816 | W | 2517772 | W | 401600263 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.5 Credit risk of securities

Credit qualities of securities exposed to credit risk other than equity securities among financial investments as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Impaired** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
|  **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 33858471 | W | W | W | W | 33858471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 3432938 |  |  |  |  | 3432938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  |  | 37291409 |  |  |  |  | 37291409 |
|  **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 |  | 84757577 |  |  |  |  | 84757577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 5944835 |  |  |  |  | 5944835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 14565 |  |  |  |  | 14565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  |  | 90716977 |  |  |  |  | 90716977 |
|  | W | 128008386 | W | W | W | W | 128008386 |

---

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Impaired** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
|  **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** | **Securities measured at amortized cost \*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 31671903 | W | W | W | W | 31671903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 3405411 |  |  |  |  | 3405411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 7175 |  |  |  |  | 7175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  |  | 35084489 |  |  |  |  | 35084489 |
|  **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 |  | 87153519 |  |  |  |  | 87153519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 6158900 |  |  |  |  | 6158900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  |  | 93312419 |  |  |  |  | 93312419 |
|  | W | 128396908 | W | W | W | W | 128396908 |

---

\* Before netting of allowance

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.5 Credit risk of securities (cont'd)

Credit qualities of securities other than equity securities, according to the credit ratings by external credit rating agencies as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit** | **Domestic** | **Domestic** | **Domestic** | **Domestic** | **Foreign** | **Foreign** | **Foreign** |
| **Credit** |  |  |  |  |  |  |  |
| **quality** | **KIS** | **NICE P&I** | **KAP** | **FnPricing Inc.** | **S&P** | **Fitch-IBCA** | **Moody's** |
|  Grade 1 | AA0 to AAA | AA0 to AAA | AA0 to AAA | AA0 to AAA | A- to AAA | A- to AAA | A3 to Aaa |
|  Grade 2 | A- to AA- | A- to AA- | A- to AA- | A- to AA- | BBB- to BBB+ | BBB- to BBB+ | Baa3 to Baa1 |
|  Grade 3 | BBB0 to BBB+ | BBB0 to BBB+ | BBB0 to BBB+ | BBB0 to BBB+ | BB to BB+ | BB to BB+ | Ba2 to Ba1 |
|  Grade 4 | BB0 to BBB- | BB0 to BBB- | BB0 to BBB- | BB0 to BBB- | B+ to BB- | B+ to BB- | B1 to Ba3 |
|  Grade 5 | BB- or under | BB- or under | BB- or under | BB- or under | B or under | B or under | B2 or under |

---

Credit qualities of debt securities denominated in Korean won are based on the lowest credit rating by the domestic credit rating agencies above, and those denominated in foreign currencies are based on the lowest credit rating by the foreign credit rating agencies above.

4.2.6 Credit risk of due from financial institutions

Credit qualities of due from financial institutions as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Impaired** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
|  **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 28568478 | W | W | W | W | 28568478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 708312 |  |  |  |  | 708312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 83230 |  |  |  |  | 83230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 760697 |  |  |  |  | 760697 |
|  | W | 30120717 | W | W | W | W | 30120717 |

---

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
| | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Impaired** | **Not applying<br>expected credit<br>losses** | **Total** | **Total** |
|  **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** | **Due from financial institutions measured at amortized cost \*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 30869922 | W | W | W | W | 30869922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  | 789076 |  |  |  |  | 789076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  | 122333 |  |  |  |  | 122333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  | 787727 |  |  |  |  | 787727 |
|  | W | 32569058 | W | W | W | W | 32569058 |

---

\* Before netting of allowance

The classification criteria of the credit qualities of due from financial institutions as of March 31, 2026 and December 31, 2025, are the same as the criteria for securities other than equity securities.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.7 Credit risk concentration analysis

4.2.7.1 Classifications of corporate loans by industry as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Loans** | **Loans** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  Financial institutions | W | 33515830 | 12.37 | W | (357881) | W | 33157949 |
|  Manufacturing |  | 62475629 | 23.06 |  | (526377) |  | 61949252 |
|  Service |  | 117656429 | 43.44 |  | (1263555) |  | 116392874 |
|  Wholesale and retail |  | 33342819 | 12.31 |  | (572656) |  | 32770163 |
|  Construction |  | 6069411 | 2.24 |  | (218312) |  | 5851099 |
|  Public sector |  | 2485731 | 0.91 |  | (15680) |  | 2470051 |
|  Others |  | 15365091 | 5.67 |  | (323857) |  | 15041234 |
|  | W | 270910940 | 100.00 | W | (3278318) | W | 267632622 |

---

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Loans** | **Loans** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  Financial institutions | W | 34869986 | 12.99 | W | (341248) | W | 34528738 |
|  Manufacturing |  | 59136193 | 22.02 |  | (549071) |  | 58587122 |
|  Service |  | 117185024 | 43.63 |  | (1098958) |  | 116086066 |
|  Wholesale and retail |  | 31816635 | 11.85 |  | (554985) |  | 31261650 |
|  Construction |  | 6399017 | 2.38 |  | (258485) |  | 6140532 |
|  Public sector |  | 2653414 | 0.98 |  | (60287) |  | 2593127 |
|  Others |  | 16530229 | 6.15 |  | (327004) |  | 16203225 |
|  | W | 268590498 | 100.00 | W | (3190038) | W | 265400460 |

---

4.2.7.2 Classifications of retail loans and credit card receivables as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Loans** | **Loans** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  Housing loan | W | 113559857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48.91 | W | (368273) | W | 113191584 |
|  General loan |  | 95653297 | 41.20 |  | (1177200) |  | 94476097 |
|  Credit card |  | 22973446 | 9.89 |  | (744697) |  | 22228749 |
|  | W | 232186600 | 100.00 | W | (2290170) | W | 229896430 |

---

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Loans** | **Loans** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  Housing loan | W | 113218721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48.80 | W | (352721) | W | 112866000 |
|  General loan |  | 95666030 | 41.23 |  | (1147533) |  | 94518497 |
|  Credit card |  | 23135086 | 9.97 |  | (715904) |  | 22419182 |
|  | W | 232019837 | 100.00 | W | (2216158) | W | 229803679 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.7.3 Classifications of due from financial institutions, securities other than equity securities, and derivative financial assets by industry as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Amount** | **Amount** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions | W | 261357 | 0.87 | W |  | W | 261357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 29859360 | 99.13 |  | (1886) |  | 29857474 |
|  |  | 30120717 | 100.00 |  | (1886) |  | 30118831 |
|  **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 544667 | 100.00 |  |  |  | 544667 |
|  |  | 544667 | 100.00 |  |  |  | 544667 |
|  **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 29838966 | 35.03 |  |  |  | 29838966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 39111878 | 45.92 |  |  |  | 39111878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 16222657 | 19.05 |  |  |  | 16222657 |
|  |  | 85173501 | 100.00 |  |  |  | 85173501 |
|  **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 132199 | 1.07 |  |  |  | 132199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 10645209 | 86.47 |  |  |  | 10645209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 1534100 | 12.46 |  |  |  | 1534100 |
|  |  | 12311508 | 100.00 |  |  |  | 12311508 |
|  **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 57386487 | 63.26 |  |  |  | 57386487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 22271902 | 24.55 |  |  |  | 22271902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 11058588 | 12.19 |  |  |  | 11058588 |
|  |  | 90716977 | 100.00 |  |  |  | 90716977 |
|  **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 15751726 | 42.24 |  | (1435) |  | 15750291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 21312656 | 57.15 |  | (15507) |  | 21297149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 227027 | 0.61 |  | (391) |  | 226636 |
|  |  | 37291409 | 100.00 |  | (17333) |  | 37274076 |
|  | W | 256158779 |  | W | (19219) | W | 256139560 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.7.3 Classifications of due from financial institutions, securities other than equity securities, and derivative financial assets by industry as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Amount** | **Amount** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions | W | 548066 | 1.68 | W |  | W | 548066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 32020992 | 98.32 |  | (1350) |  | 32019642 |
|  |  | 32569058 | 100.00 |  | (1350) |  | 32567708 |
|  **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** | **Due from financial institutions measured at fair value through profit or loss** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 476717 | 100.00 |  |  |  | 476717 |
|  |  | 476717 | 100.00 |  |  |  | 476717 |
|  **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** | **Securities measured at fair value through profit or loss** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 27525884 | 34.17 |  |  |  | 27525884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 37931231 | 47.09 |  |  |  | 37931231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 15096233 | 18.74 |  |  |  | 15096233 |
|  |  | 80553348 | 100.00 |  |  |  | 80553348 |
|  **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** | **Derivative financial assets** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 54733 | 0.67 |  |  |  | 54733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 7266345 | 88.85 |  |  |  | 7266345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 856978 | 10.48 |  |  |  | 856978 |
|  |  | 8178056 | 100.00 |  |  |  | 8178056 |
|  **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** | **Securities measured at fair value through other comprehensive income** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 57326535 | 61.44 |  |  |  | 57326535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 24060595 | 25.78 |  |  |  | 24060595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 11925289 | 12.78 |  |  |  | 11925289 |
|  |  | 93312419 | 100.00 |  |  |  | 93312419 |
|  **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** | **Securities measured at amortized cost** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and government funded institutions |  | 14338528 | 40.87 |  | (1054) |  | 14337474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and insurance |  | 20570329 | 58.63 |  | (15924) |  | 20554405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 175632 | 0.50 |  | (319) |  | 175313 |
|  |  | 35084489 | 100.00 |  | (17297) |  | 35067192 |
|  | W | 250174087 |  | W | (18647) | W | 250155440 |

---

Due from financial institutions, financial instruments at fair value through profit or loss linked to gold price, and derivative financial instruments are mostly related to the finance and insurance industry with high credit ratings.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.3 Liquidity Risk

4.3.1 Overview of liquidity risk

Liquidity risk is a risk that the Group becomes insolvent due to the mismatch between the inflow and outflow of funds, unexpected cash outflows, or a risk of loss due to financing funds at a high interest rate or disposing of securities at an unfavorable price due to lack of available funds. The Group manages its liquidity risk through analysis of the contractual maturity of interest-bearing assets and liabilities, assets and liabilities related to the other inflows and outflows of funds, and off-balance sheet items related to the inflows and outflows of funds such as currency derivative instruments and others.

4.3.2 Liquidity risk management and indicator

The liquidity risk is managed by risk management policies and liquidity risk management guidelines set forth in these policies that apply to all risk management policies and procedures that may arise throughout the overall business of the Group.

The Group calculates and manages liquidity ratio and others for all transactions and off-balance transactions related to liquidity, that affect the cash flows in Korean won and foreign currency funds raised and operated for the management of liquidity risks and periodically reports them to the Risk Management Committee.

4.3.3 Analysis of remaining contractual maturity of financial liabilities

The cash flows disclosed in the maturity analysis are undiscounted contractual amounts including principal and future interest payments; as such, amounts in the table below do not match with those in the consolidated statements of financial position which are based on discounted cash flows. The future interest payments for floating-rate liabilities are calculated on the assumption that the current interest rate is the same until maturity.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.3.3.1 Remaining contractual maturity of financial liabilities other than derivatives held for cash flow hedge, and off-balance sheet items as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **On demand** | **On demand** | **Up to 1 month** | **Up to 1 month** | **1-3 months** | **1-3 months** | **3-12 months** | **3-12 months** | **1-5 years** | **1-5 years** | **Over 5 years** | **Over 5 years** | **Total** | **Total** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss <sup>1</sup> | W | 3383085 | W |  | W |  | W |  | W |  | W |  | W | 3383085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss <sup>1</sup> |  | 8107837 |  |  |  |  |  |  |  |  |  |  |  | 8107837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading <sup>1</sup> |  | 11149772 |  |  |  |  |  |  |  |  |  |  |  | 11149772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging <sup>2</sup> |  |  |  | 11875 |  | 70105 |  | 239254 |  | 367593 |  | (9) |  | 688818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits <sup>3</sup> |  | 212542118 |  | 39109203 |  | 57101116 |  | 140156932 |  | 27495083 |  | 1119978 |  | 477524430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 13040398 |  | 17891846 |  | 8139580 |  | 21753016 |  | 10477639 |  | 1094775 |  | 72397254 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 644 |  | 4833004 |  | 9181811 |  | 26725492 |  | 42568951 |  | 1366037 |  | 84675939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease liabilities |  | 369 |  | 30689 |  | 58617 |  | 224582 |  | 627711 |  | 27951 |  | 969919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  | 148316 |  | 51826433 |  | 134426 |  | 528218 |  | 1121628 |  | 194181 |  | 53953202 |
|  | W | 248372539 | W | 113703050 | W | 74685655 | W | 189627494 | W | 82658605 | W | 3802913 | W | 712850256 |
|  **Off-balance sheet items** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commitments <sup>4</sup> | W | 216903092 | W |  | W |  | W |  | W |  | W |  | W | 216903092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances and guarantees<br>contracts <sup>5</sup> |  | 16163296 |  |  |  |  |  |  |  |  |  |  |  | 16163296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial guarantee contracts <sup>5</sup> |  | 7801761 |  |  |  |  |  |  |  |  |  |  |  | 7801761 |
|  | W | 240868149 | W |  | W |  | W |  | W |  | W |  | W | 240868149 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.3.3.1 Remaining contractual maturity of financial liabilities other than derivatives held for cash flow hedge, and off-balance sheet items as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **On demand** | **On demand** | **Up to 1 month** | **Up to 1 month** | **1-3 months** | **1-3 months** | **3-12 months** | **3-12 months** | **1-5 years** | **1-5 years** | **Over 5 years** | **Over 5 years** | **Total** | **Total** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss <sup>1</sup> | W | 3339572 | W |  | W |  | W |  | W |  | W |  | W | 3339572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss <sup>1</sup> |  | 7981018 |  |  |  |  |  |  |  |  |  |  |  | 7981018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading <sup>1</sup> |  | 7687304 |  |  |  |  |  |  |  |  |  |  |  | 7687304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging <sup>2</sup> |  |  |  | 10774 |  | 12157 |  | 263427 |  | 81649 |  | (58) |  | 367949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits <sup>3</sup> |  | 201772650 |  | 40440335 |  | 56336873 |  | 142245329 |  | 28884608 |  | 1203556 |  | 470883351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 11635724 |  | 20378309 |  | 7077101 |  | 21534773 |  | 10042532 |  | 1121266 |  | 71789705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 868 |  | 4812305 |  | 7215145 |  | 26911817 |  | 43479691 |  | 2313102 |  | 84732928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease liabilities |  | 609 |  | 33862 |  | 58736 |  | 232067 |  | 619002 |  | 26140 |  | 970416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  | 754678 |  | 28772873 |  | 142050 |  | 486329 |  | 1127692 |  | 164919 |  | 31448541 |
|  | W | 233172423 | W | 94448458 | W | 70842062 | W | 191673742 | W | 84235174 | W | 4828925 | W | 679200784 |
|  **Off-balance sheet items** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commitments <sup>4</sup> | W | 213477156 | W |  | W |  | W |  | W |  | W |  | W | 213477156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances and guarantees contracts <sup>5</sup> |  | 15503443 |  |  |  |  |  |  |  |  |  |  |  | 15503443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial guarantee<br>contracts <sup>5</sup> |  | 7209320 |  |  |  |  |  |  |  |  |  |  |  | 7209320 |
|  | W | 236189919 | W |  | W |  | W |  | W |  | W |  | W | 236189919 |

---

<sup>1</sup> Financial liabilities measured or designated at fair value through profit or loss and derivatives held for trading are not managed by contractual maturity because they are expected to be traded or redeemed before maturity. Therefore, the carrying amounts of those financial instruments are included in the 'On demand' category. 

<sup>2</sup> Cash flows of derivatives held for hedging are shown at net amount of cash inflows and outflows by remaining contractual maturity. 

<sup>3</sup> Deposits that are contractually repayable on demand or on short notice are included in the 'On demand' category.

<sup>4</sup> Unutilized amounts under commitments are included in the 'On demand' category because payments can be requested at any time. 

<sup>5</sup> Cash flows under payment guarantee contracts and financial guarantee contracts are classified based on the earliest period that the contract can be executed.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.4 Market Risk

4.4.1 Concept

Market risk refers to risks that can result in losses due to changes in market factors such as interest rate, stock price, and foreign exchange rate, etc., which arise from securities, derivatives, and others. The most significant risks associated with trading positions are interest rate risk, currency risk, and additional risks include stock price risk. The non-trading position is also exposed to interest rate risk. The Group manages the market risks by dividing them into those arising from the trading position and those arising from the non-trading position.

4.4.2 Risk management

The Group sets and monitors internal capital limits for market risk and interest rate risk to manage the risks of trading and non-trading positions. In order to manage market risk efficiently, the Group maintains risk management systems and procedures such as trading policies and procedures, market risk management guidelines for trading positions, and interest rate risk management guidelines for non-trading positions. The entire process is carried out through consultation with the Risk Management Council and approval by the Risk Management Committee of the Group. However, insurance companies that are engaged in the insurance business are not subject to these guidelines and are monitored by setting internal capital limits for market risk and interest rate risk based on K-ICS.

In the case of Kookmin Bank, a major subsidiary, the Risk Management Council establishes and enforces overall market risk management policies for market risk management and decides to establish position limits, loss limits, VaR limits, and approves non-standard new products. In addition, the Market Risk Management Subcommittee, chaired by Chief Risk Officer ("CRO"), is a practical decision-making body for market risk management and determines position limits, loss limits, VaR limits, sensitivity limits, and scenario loss limits for each department of the business group.

Kookmin Bank's Asset-Liability Management Committee ("ALCO") determines interest rate and commission operating standards and Asset Liability Management ("ALM") operation policies and enacts and revises relevant guidelines. The Risk Management Committee and the Risk Management Council monitor the establishment and enforcement of ALM risk management policies and enact and revise ALM risk management guidelines. Interest rate risk limits are set based on future asset and liability positions and expected interest rate volatility, which reflect annual business plans. The Financial Planning Department and the Risk Management Department regularly measure and monitor interest rate risk and report the status and limit of interest rate risk including changes in Economic Value of Equity (" ![LOGO](g143854dsp010.jpg) EVE"), changes in Net Interest Income (" ![LOGO](g143854dsp010.jpg) NII"), and duration gap to the ALCO and the Risk Management Council on a monthly basis, and to the Risk Management Committee on a quarterly basis. To ensure the adequacy of interest rate risk and liquidity risk management, the Risk Management Department assigns the limits, monitors and reviews the procedures and tasks of ALM operations conducted by the ALM department, and reports related matters to the management independently.

4.5 Operational Risk

4.5.1 Concept

Operational risk of the Group refers to the risk of loss that may occur due to improper or incorrect internal procedures, personnel, systems or external events. Operational risk management plays a role in enhancing the stability and soundness of financial institutions by managing the appropriate level of capital and supplementing the internal control system.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.5.2 Risk management

The purpose of operational risk management is not only to comply with supervisory and regulatory requirements, but also to spread risk management culture, strengthen internal control, improve processes, and provide timely feedback to management and all employees. The Parent Company manages the Group's overall operational risk, and each subsidiary establishes and implements operational risk management policies according to its own risk level and implements and operates related systems. The Group Risk Management Committee establishes and allocates risk capital of operational risk for each subsidiary, and subsidiaries manage operational risks at an appropriate level within the allocated risk capital.

**5. Segment Information** 

5.1 Overall Segment Information and Business Segments

The Group classifies reporting segments based on the nature of the products and services provided, the type of customer, and the Group's management organization.

---

| | | |
|:---|:---|:---|
| **Banking business** | **Corporate banking** | Loans, deposit products, and other related financial services to large, small and medium-sized enterprises and SOHOs |
| **Banking business** | <br> **Retail banking** | <br> Loans, deposit products, and other related financial services to individuals and households |
| **Banking business** | <br> **Other banking services** | <br> Trading activities in securities and derivatives, funding, and other supporting activities |
| **Securities business** | **Securities business** | Investment banking, brokerage services, and other supporting activities |
| **Non-life insurance business** | **Non-life insurance business** | Non-life insurance and other supporting activities |
| **Credit card business** | **Credit card business** | Credit sale, cash advance, card loan, and other supporting activities |
| **Life insurance business** | **Life insurance business** | Life insurance and other supporting activities |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1 Overall Segment Information and Business Segments (cont'd)

Financial information by business segment as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Securities** | **Securities** | **Non-life<br>insurance** | **Non-life<br>insurance** | **Credit card** | **Credit card** | **Life<br>insurance** | **Life<br>insurance** | **Others** | **Others** | **Consolidation<br>adjustments** | **Consolidation<br>adjustments** | **Total** | **Total** |
|  | **Corporate<br>banking** | **Corporate<br>banking** | **Retail<br>banking** | **Retail<br>banking** | **Other<br>banking<br>services** | **Other<br>banking<br>services** | **Sub-total** | **Sub-total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net operating revenues (expenses) from external customers | W | 1434012 | W | 1135880 | W | 54551 | W | 2624443 | W | 918107 | W | 380061 | W | 523097 | W | 123723 | W | 416318 | W |  | W | 4985749 |
|  Intersegment net operating revenues (expenses) |  | (185139) |  |  |  | 433296 |  | 248157 |  | (68548) |  | (58723) |  | (10313) |  | (6649) |  | 88159 |  | (192083) |  |  |
|  |  | 1248873 |  | 1135880 |  | 487847 |  | 2872600 |  | 849559 |  | 321338 |  | 512784 |  | 117074 |  | 504477 |  | (192083) |  | 4985749 |
|  Net interest income (expenses) |  | 1409770 |  | 986066 |  | 371759 |  | 2767595 |  | 154075 |  | (20627) |  | 389199 |  | (32994) |  | 113176 |  | (35602) |  | 3334822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income |  | 2653570 |  | 1844563 |  | 844997 |  | 5343130 |  | 448590 |  | 278288 |  | 575732 |  | 180931 |  | 357680 |  | (24622) |  | 7159729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense |  | (1243800) |  | (858497) |  | (473238) |  | (2575535) |  | (294515) |  | (298915) |  | (186533) |  | (213925) |  | (244504) |  | (10980) |  | (3824907) |
|  Net fee and commission income (expenses) |  | 120121 |  | 148542 |  | 104344 |  | 373007 |  | 488795 |  | (6434) |  | 188303 |  | 8187 |  | 324172 |  | (16701) |  | 1359329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission income |  | 168692 |  | 185219 |  | 128417 |  | 482328 |  | 596284 |  | 2873 |  | 438099 |  | 10490 |  | 362156 |  | (81855) |  | 1810375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission expense |  | (48571) |  | (36677) |  | (24073) |  | (109321) |  | (107489) |  | (9307) |  | (249796) |  | (2303) |  | (37984) |  | 65154 |  | (451046) |
|  Net insurance income |  |  |  |  |  |  |  |  |  |  |  | 208759 |  | 1481 |  | 117927 |  |  |  | 15474 |  | 343641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance income |  |  |  |  |  |  |  |  |  |  |  | 2867273 |  | 3408 |  | 273538 |  |  |  | (11962) |  | 3132257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance expense |  |  |  |  |  |  |  |  |  |  |  | (2658514) |  | (1927) |  | (155611) |  |  |  | 27436 |  | (2788616) |
|  Net gains (losses) on financial instruments at fair value through profit or loss |  | 2687 |  |  |  | 35262 |  | 37949 |  | 125118 |  | 84293 |  | 2536 |  | 323179 |  | (83174) |  | (123057) |  | 366844 |
|  Net other insurance finance expense |  |  |  |  |  |  |  |  |  |  |  | 33461 |  |  |  | (387767) |  |  |  |  |  | (354306) |
|  Net other operating income (expenses) |  | (283705) |  | 1272 |  | (23518) |  | (305951) |  | 81571 |  | 21886 |  | (68735) |  | 88542 |  | 150303 |  | (32197) |  | (64581) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1 Overall Segment Information and Business Segments (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Securities** | **Securities** | **Non-life<br>insurance** | **Non-life<br>insurance** | **Credit card** | **Credit card** | **Life<br>insurance** | **Life<br>insurance** | **Others** | **Others** | **Consolidation<br>adjustments** | **Consolidation<br>adjustments** | **Total** | **Total** |
|  | **Corporate<br>banking** | **Corporate<br>banking** | **Retail**<br>**banking** | **Retail**<br>**banking** | **Other banking<br>services** | **Other banking<br>services** | **Sub-total** | **Sub-total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  General and administrative expenses | W | (444882) | W | (433523) | W | (197290) | W | (1075695) | W | (375447) | W | (37212) | W | (142653) | W | (40287) | W | (123593) | W | 29973 | W | (1764914) |
|  Operating income (expenses) before provision for credit losses |  | 803991 |  | 702357 |  | 290557 |  | 1796905 |  | 474112 |  | 284126 |  | 370131 |  | 76787 |  | 380884 |  | (162110) |  | 3220835 |
|  Reversal (provision) of credit losses |  | (125195) |  | (45588) |  | (1172) |  | (171955) |  | (22858) |  | (3303) |  | (218847) |  | 114 |  | (76456) |  | 36 |  | (493269) |
|  Net operating income (expenses) |  | 678796 |  | 656769 |  | 289385 |  | 1624950 |  | 451254 |  | 280823 |  | 151284 |  | 76901 |  | 304428 |  | (162074) |  | 2727566 |
|  Share of profit (loss) of associates and joint ventures |  |  |  |  |  | 10515 |  | 10515 |  | 9927 |  | 609 |  | 136 |  | (283) |  | 1998 |  | (2678) |  | 20224 |
|  Net other non-operating income (expenses) |  | (145) |  |  |  | (117581) |  | (117726) |  | 8370 |  | (3233) |  | (551) |  | 2321 |  | 3418 |  | (9249) |  | (116650) |
|  Segment profit (loss) before income tax expense |  | 678651 |  | 656769 |  | 182319 |  | 1517739 |  | 469551 |  | 278199 |  | 150869 |  | 78939 |  | 309844 |  | (174001) |  | 2631140 |
|  Income tax benefit (expense) |  | (160971) |  | (162483) |  | (94060) |  | (417514) |  | (120660) |  | (77533) |  | (41320) |  | (3648) |  | (47858) |  | (6138) |  | (714671) |
|  Profit (loss) for the period | W | 517680 | W | 494286 | W | 88259 | W | 1100225 | W | 348891 | W | 200666 | W | 109549 | W | 75291 | W | 261986 | W | (180139) | W | 1916469 |
|  Profit (loss) attributable to shareholders of the Parent Company |  | 517763 |  | 494286 |  | 88990 |  | 1101039 |  | 347751 |  | 200669 |  | 107480 |  | 75291 |  | 261917 |  | (201746) |  | 1892401 |
|  Profit (loss) attributable to non-controlling interests |  | (83) |  |  |  | (731) |  | (814) |  | 1140 |  | (3) |  | 2069 |  |  |  | 69 |  | 21607 |  | 24068 |
|  Total assets \* |  | 250109235 |  | 181991905 |  | 173211024 |  | 605312164 |  | 88643846 |  | 44453478 |  | 30444318 |  | 34967267 |  | 69844191 |  | (43924437) |  | 829740827 |
|  Total liabilities \* | W | 234550526 | W | 215804382 | W | 115899899 | W | 566254807 | W | 80776982 | W | 38581760 | W | 24864944 | W | 32051229 | W | 31197829 | W | (5126860) | W | 768600691 |

---

\* Assets and liabilities of the reporting segments are amounts before intersegment transactions. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1 Overall Segment Information and Business Segments (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Securities** | **Securities** | **Non-life<br>insurance** | **Non-life<br>insurance** | **Credit card** | **Credit card** | **Life<br>insurance** | **Life<br>insurance** | **Others** | **Others** | **Consolidation<br>adjustments** | **Consolidation<br>adjustments** | **Total** | **Total** |
|  | **Corporate<br>banking** | **Corporate<br>banking** | **Retail<br>banking** | **Retail<br>banking** | **Other<br>banking<br>services** | **Other<br>banking<br>services** | **Sub-total** | **Sub-total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net operating revenues (expenses) from external customers | W | 1218757 | W | 997049 | W | 476807 | W | 2692613 | W | 426552 | W | 463519 | W | 552617 | W | 124949 | W | 293940 | W |  | W | 4554190 |
|  Intersegment net operating revenues (expenses) |  | 2287 |  |  |  | 43187 |  | 45474 |  | 58904 |  | (4877) |  | (15681) |  | (7401) |  | 57369 |  | (133788) |  |  |
|  |  | 1221044 |  | 997049 |  | 519994 |  | 2738087 |  | 485456 |  | 458642 |  | 536936 |  | 117548 |  | 351309 |  | (133788) |  | 4554190 |
|  Net interest income (expenses) |  | 1443477 |  | 867782 |  | 285423 |  | 2596682 |  | 166457 |  | (10865) |  | 425224 |  | (29093) |  | 151270 |  | (37510) |  | 3262165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income |  | 2875632 |  | 1904322 |  | 823839 |  | 5603793 |  | 450659 |  | 240822 |  | 625307 |  | 167436 |  | 387525 |  | (20601) |  | 7454941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense |  | (1432155) |  | (1036540) |  | (538416) |  | (3007111) |  | (284202) |  | (251687) |  | (200083) |  | (196529) |  | (236255) |  | (16909) |  | (4192776) |
|  Net fee and commission income (expenses) |  | 109761 |  | 76892 |  | 83543 |  | 270196 |  | 203582 |  | (10680) |  | 187013 |  | 2322 |  | 303720 |  | (22105) |  | 934048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission income |  | 159457 |  | 109005 |  | 107640 |  | 376102 |  | 257688 |  | 1361 |  | 441363 |  | 4657 |  | 340863 |  | (91801) |  | 1330233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fee and commission expense |  | (49696) |  | (32113) |  | (24097) |  | (105906) |  | (54106) |  | (12041) |  | (254350) |  | (2335) |  | (37143) |  | 69696 |  | (396185) |
|  Net insurance income |  |  |  |  |  |  |  |  |  |  |  | 288477 |  | 1810 |  | 123657 |  |  |  | 23809 |  | 437753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance income |  |  |  |  |  |  |  |  |  |  |  | 2860071 |  | 3830 |  | 255454 |  |  |  | (11544) |  | 3107811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance expense |  |  |  |  |  |  |  |  |  |  |  | (2571594) |  | (2020) |  | (131797) |  |  |  | 35353 |  | (2670058) |
|  Net gains (losses) on financial instruments at fair value through profit or loss |  | (19360) |  |  |  | 215146 |  | 195786 |  | 63077 |  | 141872 |  | 1117 |  | 166598 |  | 46496 |  | (68728) |  | 546218 |
|  Net other insurance finance expense |  |  |  |  |  |  |  |  |  |  |  | 5972 |  |  |  | (145542) |  |  |  |  |  | (139570) |
|  Net other operating income (expenses) |  | (312834) |  | 52375 |  | (64118) |  | (324577) |  | 52340 |  | 43866 |  | (78228) |  | (394) |  | (150177) |  | (29254) |  | (486424) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1 Overall Segment Information and Business Segments (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Banking business** | **Securities** | **Securities** | **Non-life<br>insurance** | **Non-life<br>insurance** | **Credit card** | **Credit card** | **Life<br>insurance** | **Life<br>insurance** | **Others** | **Others** | **Consolidation<br>adjustments** | **Consolidation<br>adjustments** | **Total** | **Total** |
|  | **Corporate<br>banking** | **Corporate<br>banking** | **Retail**<br>**banking** | **Retail**<br>**banking** | **Other banking<br>services** | **Other banking<br>services** | **Sub-total** | **Sub-total** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  General and administrative expenses | W | (440649) | W | (420371) | W | (202171) | W | (1063191) | W | (242756) | W | (35492) | W | (140656) | W | (37524) | W | (115353) | W | 29407 | W | (1605565) |
|  Operating income (expenses) before provision for credit losses |  | 780395 |  | 576678 |  | 317823 |  | 1674896 |  | 242700 |  | 423150 |  | 396280 |  | 80024 |  | 235956 |  | (104381) |  | 2948625 |
|  Reversal (provision) of credit losses |  | (209611) |  | (68045) |  | (8331) |  | (285987) |  | (19951) |  | (1177) |  | (284795) |  | (499) |  | (69645) |  | 6457 |  | (655597) |
|  Net operating income (expenses) |  | 570784 |  | 508633 |  | 309492 |  | 1388909 |  | 222749 |  | 421973 |  | 111485 |  | 79525 |  | 166311 |  | (97924) |  | 2293028 |
|  Share of profit (loss) of associates and joint ventures |  |  |  |  |  | (6041) |  | (6041) |  | (6506) |  | 596 |  | 314 |  | (151) |  | 3774 |  | 13462 |  | 5448 |
|  Net other non-operating income (expenses) |  | (2519) |  |  |  | (6324) |  | (8843) |  | 20750 |  | 1398 |  | 256 |  | 2032 |  | (2282) |  | (5181) |  | 8130 |
|  Segment profit (loss) before income tax expense |  | 568265 |  | 508633 |  | 297127 |  | 1374025 |  | 236993 |  | 423967 |  | 112055 |  | 81406 |  | 167803 |  | (89643) |  | 2306606 |
|  Income tax benefit (expense) |  | (156724) |  | (121383) |  | (78143) |  | (356250) |  | (56655) |  | (110419) |  | (27339) |  | (20676) |  | (47330) |  | 11185 |  | (607484) |
|  Profit (loss) for the period | W | 411541 | W | 387250 | W | 218984 | W | 1017775 | W | 180338 | W | 313548 | W | 84716 | W | 60730 | W | 120473 | W | (78458) | W | 1699122 |
|  Profit (loss) attributable to shareholders of the Parent Company |  | 402486 |  | 387250 |  | 236696 |  | 1026432 |  | 179897 |  | 313460 |  | 84505 |  | 60730 |  | 119912 |  | (87665) |  | 1697271 |
|  Profit (loss) attributable to non-controlling interests |  | 9055 |  |  |  | (17712) |  | (8657) |  | 441 |  | 88 |  | 211 |  |  |  | 561 |  | 9207 |  | 1851 |
|  Total assets \* |  | 244324619 |  | 182734005 |  | 157876343 |  | 584934967 |  | 76461426 |  | 45377597 |  | 30235710 |  | 35585902 |  | 66608064 |  | (41280633) |  | 797923033 |
|  Total liabilities \* | W | 227897241 | W | 217055771 | W | 101026314 | W | 545979326 | W | 69572471 | W | 39725458 | W | 24597933 | W | 32795927 | W | 28844053 | W | (4422124) | W | 737093044 |

---

\* Assets and liabilities of the reporting segments are amounts before intersegment transactions and as of December 31, 2025. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.2 Services and Geographical Segments

5.2.1 Services information

Net operating revenues from external customers by service for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Banking service | W | 2624443 | W | 2692613 |
|  Securities service |  | 918107 |  | 426552 |
|  Non-life insurance service |  | 380061 |  | 463519 |
|  Credit card service |  | 523097 |  | 552617 |
|  Life insurance service |  | 123723 |  | 124949 |
|  Others |  | 416318 |  | 293940 |
|  | W | 4985749 | W | 4554190 |

---

5.2.2 Geographical information

Geographical net operating revenues from external for the three-month periods ended March 31, 2026 and 2025, and major non-current assets as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Net operating revenues**<br>**from external customers** | **Net operating revenues**<br>**from external customers** | **Net operating revenues**<br>**from external customers** | **Net operating revenues**<br>**from external customers** | **Major non-current assets** | **Major non-current assets** | **Major non-current assets** | **Major non-current assets** |
|  | **2026** | **2026** | **2025** | **2025** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Domestic | W | 4577162 | W | 4174706 | W | 8922188 | W | 8977713 |
|  United States |  | 28527 |  | 25866 |  | 32585 |  | 31788 |
|  New Zealand |  | (406) |  | 1101 |  | 535 |  | 597 |
|  China |  | 39468 |  | 46087 |  | 24324 |  | 22657 |
|  Cambodia |  | 180762 |  | 182144 |  | 99677 |  | 96493 |
|  United Kingdom |  | 16288 |  | 16791 |  | 11329 |  | 10572 |
|  Indonesia |  | 85280 |  | 58234 |  | 477968 |  | 466781 |
|  Others |  | 58668 |  | 49261 |  | 27219 |  | 29490 |
|  Consolidation adjustments |  |  |  |  |  | 343814 |  | 331317 |
|  | W | 4985749 | W | 4554190 | W | 9939639 | W | 9967408 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**6. Financial Assets and Financial Liabilities** 

6.1 Classification and Fair Value of Financial Instruments

6.1.1 Carrying amount and fair value of financial assets and liabilities by category as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Carrying amount** | **Carrying amount** | **Fair value** | **Fair value** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | W | 32538472 | W | 32539376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  | 94367465 |  | 94367465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions |  | 64137 |  | 64137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 85173501 |  | 85173501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 7543688 |  | 7543688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 1105609 |  | 1105609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 480530 |  | 480530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 11710997 |  | 11710997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 600511 |  | 600511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  | 494353167 |  | 494146175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost |  | 37274076 |  | 36338800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  | 97909608 |  | 97909608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 90716977 |  | 90716977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 5122355 |  | 5122355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 2070276 |  | 2070276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets |  | 41668942 |  | 41668942 |
|  | W | 810423238 | W | 809281874 |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | W | 3383085 | W | 3383085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss |  | 8107837 |  | 8107837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 11149772 |  | 11149772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 958422 |  | 958422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits |  | 469093134 |  | 468986151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 71315372 |  | 71182351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 79519555 |  | 78947938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  | 63747031 |  | 63747031 |
|  | W | 707274208 | W | 706462587 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.1 Carrying amount and fair value of financial assets and liabilities by category as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Carrying amount** | **Carrying amount** | **Fair value** | **Fair value** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | W | 34776877 | W | 34775543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  | 89862530 |  | 89862530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions |  | 64438 |  | 64438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 80553348 |  | 80553348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 7601453 |  | 7601453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 1231012 |  | 1231012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 412279 |  | 412279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 7748371 |  | 7748371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 429685 |  | 429685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  | 491978044 |  | 493706126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost |  | 35067192 |  | 34483439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  | 99919485 |  | 99919485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 93312419 |  | 93312419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 4611983 |  | 4611983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 1995083 |  | 1995083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets |  | 19069696 |  | 19069696 |
|  | W | 778851880 | W | 779994875 |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | W | 3339572 | W | 3339572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss |  | 7981018 |  | 7981018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 7687305 |  | 7687305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 546984 |  | 546984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits |  | 462397026 |  | 462628538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 70728396 |  | 70659088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 80049270 |  | 80201757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  | 40469257 |  | 40469257 |
|  | W | 673198828 | W | 673513519 |

---

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The Group discloses the fair value of each class of assets and liabilities in a way that permits it to be compared with its carrying amount at the end of each reporting period. The best evidence of fair value of financial instruments is a quoted price in an active market.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.1 Carrying amount and fair value of financial assets and liabilities by category as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

Methods of determining fair value of financial instruments are as follows:

---

| | |
|:---|:---|
|  **Cash and due from financial institutions** | Fair value of cash is same as carrying amount. Carrying amount of demand deposit and settlement deposit is a reasonable approximation of fair value because these financial instruments do not have a fixed maturity and are receivable on demand. Fair value of general deposit is measured using Discounted Cash Flow ("DCF") Model. |
|  **Securities** | Fair value of listed stocks and others that are traded in an active market is determined using the quoted prices. If there is no quoted price, fair value is determined using external professional valuation institutions. The institutions use one or more valuation techniques that are deemed appropriate considering the characteristics of the financial instruments among DCF Model, Free Cash Flow to Equity Model, Comparable Company Analysis, Dividend Discount Model, Risk Adjusted Discount Rate Method, and Net Asset Value Method. |
|  **Loans** | Fair value of loans is determined using DCF Model discounting the expected cash flows, which are contractual cash flows adjusted by the expected prepayment rate, at an appropriate discount rate. |
|  **Derivatives and financial instruments at fair value through profit or loss** | Fair value of exchange traded derivatives is determined using quoted price in an active market, and fair value of OTC derivatives is determined using valuation techniques. The Group uses internally developed valuation models that are widely used by market participants to determine fair value of plain vanilla OTC derivatives including options, interest rate swaps, and currency swaps, based on observable market parameters. However, some complex financial instruments are valued using appropriate models developed from generally accepted market valuation models including Finite Difference Method ("FDM"), MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, Closed Form, and Tree Model or valuation results from independent external professional valuation institutions. |
|  **Deposits** | Carrying amount of demand deposits is a reasonable approximation of fair value because they do not have a fixed maturity and are payable on demand. Fair value of time deposits is determined using DCF Model discounting the expected cash flows, which are contractual cash flows adjusted by the expected prepayment rate, at an appropriate discount rate. |
|  **Borrowings** | Carrying amount of overdrafts in foreign currency is a reasonable approximation of fair value because they do not have a fixed maturity and are payable on demand. Fair value of other borrowings is determined using DCF Model. |
|  **Debentures** | Fair value is determined using valuation results of external professional valuation institutions, which are calculated using market inputs. |
|  **Other financial assets and other financial liabilities** | Carrying amount is a reasonable approximation of fair value because other financial assets and other financial liabilities are temporary accounts used for other various transactions and their maturities are relatively short or not defined. |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2 Fair value hierarchy

The Group believes that valuation techniques used for measuring the fair value of financial instruments are reasonable and that the fair value recognized in the consolidated statement of financial position is appropriate. However, the fair value of the financial instruments recognized in the consolidated statement of financial position may be different if other valuation techniques or assumptions are used. Additionally, as there are a variety of valuation techniques and assumptions used in measuring fair value, it may be difficult to reasonably compare the fair value with that of other financial institutions.

The Group classifies and discloses fair value of the financial instruments into the three fair value levels as follows:

Level 1: The fair values are based on quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date.

Level 2: The fair values are based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3: The fair values are based on unobservable inputs for the asset or liability.

The fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. If an observable input requires an adjustment using an unobservable input and that adjustment results in a significantly higher or lower fair value measurement, the resulting measurement would be categorized within Level 3 of the fair value hierarchy.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.1 Fair value hierarchy of financial assets and liabilities at fair value in the consolidated statements of financial position

Fair value hierarchy of financial assets and liabilities at fair value in the consolidated statements of financial position as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Total** | **Total** |
|  | **Level 1** | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | W | 35488341 | W | 36652344 | W | 22226780 | W | 94367465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions |  |  |  |  |  | 64137 |  | 64137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 29282349 |  | 36576105 |  | 19315047 |  | 85173501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 5725462 |  | 76239 |  | 1741987 |  | 7543688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  |  |  |  |  | 1105609 |  | 1105609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 480530 |  |  |  |  |  | 480530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 164167 |  | 11350652 |  | 196178 |  | 11710997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  |  |  | 600511 |  |  |  | 600511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  | 47648065 |  | 48334130 |  | 1927413 |  | 97909608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 47042799 |  | 43674178 |  |  |  | 90716977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 605266 |  | 2589676 |  | 1927413 |  | 5122355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  |  |  | 2070276 |  |  |  | 2070276 |
|  | W | 83300573 | W | 96937637 | W | 24350371 | W | 204588581 |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | W | 3383085 | W |  | W |  | W | 3383085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss |  | 468404 |  | 1435985 |  | 6203448 |  | 8107837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 401834 |  | 10313483 |  | 434455 |  | 11149772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  |  |  | 958422 |  |  |  | 958422 |
|  | W | 4253323 | W | 12707890 | W | 6637903 | W | 23599116 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.1 Fair value hierarchy of financial assets and liabilities at fair value in the consolidated statements of financial position (cont'd)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Total** | **Total** |
|  | **Level 1** | **Level 1** | **Level 2** | **Level 2** | **Level 3 \*** | **Level 3 \*** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | W | 32165510 | W | 35812155 | W | 21884865 | W | 89862530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions |  |  |  |  |  | 64438 |  | 64438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 26010266 |  | 35590894 |  | 18952188 |  | 80553348 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 5742965 |  | 221261 |  | 1637227 |  | 7601453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  |  |  |  |  | 1231012 |  | 1231012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 412279 |  |  |  |  |  | 412279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 174420 |  | 7360773 |  | 213178 |  | 7748371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  |  |  | 429685 |  |  |  | 429685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  | 49129214 |  | 48982122 |  | 1808149 |  | 99919485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 48548227 |  | 44764192 |  |  |  | 93312419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 580987 |  | 2222847 |  | 1808149 |  | 4611983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  |  |  | 1995083 |  |  |  | 1995083 |
|  | W | 81469144 | W | 92584735 | W | 23906192 | W | 197960071 |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | W | 3339572 | W |  | W |  | W | 3339572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss |  | 507900 |  | 1391155 |  | 6081963 |  | 7981018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 226234 |  | 7036258 |  | 424813 |  | 7687305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  |  |  | 546984 |  |  |  | 546984 |
|  | W | 4073706 | W | 8974397 | W | 6506776 | W | 19554879 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.1 Fair value hierarchy of financial assets and liabilities at fair value in the consolidated statements of financial position (cont'd)

Valuation techniques and inputs of financial assets and liabilities classified as Level 2 and measured at fair value in the consolidated statements of financial position as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value** | **Fair value** | **Valuation techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | W | 36652344 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 36576105 | DCF Model, Closed Form, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, Binomial Model, and others | Contractual cash flows, Fair value of underlying asset, Dividend yield, Price of underlying asset, Interest rate, Discount rate, Volatility, Correlation coefficient, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 76239 | DCF Model | Interest rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 11350652 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Option Model, and others | Price of underlying asset, Underlying asset index, Interest rate, Volatility, Foreign exchange rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 600511 | DCF Model, Closed Form, FDM | Contractual cash flows, Discount rate, Volatility, Foreign exchange rate, Risk free interest rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  | 48334130 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 43674178 | DCF Model, Option Model, Hull-White Model | Underlying asset index, Interest rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 2589676 | DCF Model | Interest rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 2070276 | DCF Model | Discount rate |
|  | W | 96937637 |  |  |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss | W | 1435985 | DCF Model, Closed Form, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, and others | Price of underlying asset, Interest rate, Dividend yield, Volatility, Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 10313483 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Option Model, and others | Price of underlying asset, Interest rate, Foreign exchange rate, Credit spread, Discount rate, Volatility, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 958422 | DCF Model, Closed Form, FDM | Contractual cash flows, Discount rate, Volatility, Foreign exchange rate, Risk free interest rate and others |
|  | W | 12707890 |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.1 Fair value hierarchy of financial assets and liabilities at fair value in the consolidated statements of financial position (cont'd)

*(In millions of Korean won)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value** | **Fair value** | **Valuation techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | W | 35812155 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 35590894 | DCF Model, Closed Form, MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, Binomial Model, and others | Contractual cash flows, Fair value of underlying asset, Dividend yield, Price of underlying asset, Interest rate, Discount rate, Volatility, Correlation coefficient, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 221261 | DCF Model | Interest rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 7360773 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, Option Model, and others | Price of underlying asset, Underlying asset index, Interest rate, Volatility, Foreign exchange rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 429685 | DCF Model, Closed Form, FDM | Contractual cash flows, Discount rate, Volatility, Foreign exchange rate, Risk free interest rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  | 48982122 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 44764192 | DCF Model, Option Model, Hull-White Model | Underlying asset index, Interest rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 2222847 | DCF Model | Interest rate, Discount rate, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 1995083 | DCF Model | Discount rate |
|  | W | 92584735 |  |  |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss | W | 1391155 | DCF Model, Closed Form, MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, and others | Price of underlying asset, Interest rate, Dividend yield, Volatility, Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading |  | 7036258 | DCF Model, Closed Form, MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, and others | Price of underlying asset, Interest rate, Foreign exchange rate, Credit spread, Discount rate, Volatility, and others |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for hedging |  | 546984 | DCF Model, Closed Form, FDM | Contractual cash flows, Discount rate, Volatility, Foreign exchange rate, Risk free interest rate, and others |
|  | W | 8974397 |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.2 Fair value hierarchy of financial assets and liabilities whose fair value is disclosed

Fair value hierarchy of financial assets and liabilities whose fair value is disclosed as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Total** | **Total** |
|  | **Level 1** | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions <sup>1</sup> | W | 2784914 | W | 27228876 | W | 2525586 | W | 32539376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost <sup>1</sup> |  |  |  | 48700 |  | 494097475 |  | 494146175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost <sup>2</sup> |  | 3115697 |  | 33198359 |  | 24744 |  | 36338800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets <sup>2</sup> |  |  |  |  |  | 41668942 |  | 41668942 |
|  | W | 5900611 | W | 60475935 | W | 538316747 | W | 604693293 |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits <sup>1</sup> | W |  | W | 200955171 | W | 268030980 | W | 468986151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings <sup>3</sup> |  |  |  | 4102061 |  | 67080290 |  | 71182351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  |  |  | 69114070 |  | 9833868 |  | 78947938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities <sup>2</sup> |  |  |  |  |  | 63747031 |  | 63747031 |
|  | W |  | W | 274171302 | W | 408692169 | W | 682863471 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Total** | **Total** |
|  | **Level 1** | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions <sup>1</sup> | W | 2443177 | W | 30509973 | W | 1822393 | W | 34775543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  |  |  | 78800 |  | 493627326 |  | 493706126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost <sup>2</sup> |  | 3728583 |  | 30729485 |  | 25371 |  | 34483439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets <sup>2</sup> |  |  |  |  |  | 19069696 |  | 19069696 |
|  | W | 6171760 | W | 61318258 | W | 514544786 | W | 582034804 |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits <sup>1</sup> | W |  | W | 189727760 | W | 272900778 | W | 462628538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings <sup>3</sup> |  |  |  | 3063522 |  | 67595566 |  | 70659088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  |  |  | 70382029 |  | 9819728 |  | 80201757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities <sup>2</sup> |  |  |  |  |  | 40469257 |  | 40469257 |
|  | W |  | W | 263173311 | W | 390785329 | W | 653958640 |

---

<sup>1</sup> The amounts included in Level 2 are the carrying amounts which are reasonable approximations of fair value. 

<sup>2</sup> The amounts included in Level 3 are the carrying amounts which are reasonable approximations of fair value. 

<sup>3</sup> Borrowings of W17,408 million and W731 million included in Level 2 are the carrying amounts which are reasonable approximations of fair value as of March 31, 2026 and December 31, 2025, respectively. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.2 Fair value hierarchy of financial assets and liabilities whose fair value is disclosed (cont'd)

For financial assets and liabilities whose carrying amount is a reasonable approximation of fair value, valuation techniques and inputs are not disclosed.

Valuation techniques and inputs of financial assets and liabilities classified as Level 2, and whose fair value is disclosed as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value** | **Fair value** | **Valuation<br>techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost |  | 33198359 | DCF Model,<br> MonteCarlo<br>Simulation | Discount rate,<br>Interest rate |
|  | W | 33198359 |  |  |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | W | 4084653 | DCF Model | Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 69114070 | DCF Model | Discount rate |
|  | W | 73198723 |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value** | **Fair value** | **Valuation<br>techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost | W | 78800 | DCF Model | Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost |  | 30729485 | DCF Model,<br> MonteCarlo<br>Simulation | Discount rate,<br>Interest rate |
|  | W | 30808285 |  |  |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | W | 3062791 | DCF Model | Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 70382029 | DCF Model | Discount rate |
|  | W | 73444820 |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.1.2.2 Fair value hierarchy of financial assets and liabilities whose fair value is disclosed (cont'd)

Valuation techniques and inputs of financial assets and liabilities classified as Level 3, and whose fair value is disclosed as of March 31, 2026 and December 31, 2025 are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value** | **Fair value** | **Valuation<br>techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | W | 2525586 | DCF Model | Credit spread, Other spread, Interest rate, Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  | 494097475 | DCF Model | Credit spread, Other spread, Prepayment rate, Interest rate, Discount rate, and others |
|  | W | 496623061 |  |  |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits | W | 268030980 | DCF Model | Other spread, Prepayment rate, Interest rate, Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 67080290 | DCF Model | Other spread, Contractual cash flows, Discount rate, Interest rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 9833868 | DCF Model | Contractual cash flows, Discount rate, and others |
|  | W | 344945138 |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value** | **Fair value** | **Valuation<br>techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | W | 1822393 | DCF Model | Credit spread, Other spread, Interest rate, Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  | 493627326 | DCF Model | Credit spread, Other spread, Prepayment rate, Interest rate, Discount rate, and others |
|  | W | 495449719 |  |  |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits | W | 272900778 | DCF Model | Other spread, Prepayment rate, Interest rate, Discount rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 67595566 | DCF Model | Other spread, Contractual cash flows, Discount rate, Interest rate |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 9819728 | DCF Model | Contractual cash flows, Discount rate, and others |
|  | W | 350316072 |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2 Disclosure of Fair Value Hierarchy Level 3

6.2.1 Valuation policy and process of Level 3 fair value

The Group uses external, independent and qualified valuation service in addition to internal valuation models to determine the fair value of financial instruments at the end of every reporting period.

If the changes in situation and events which cause transfers between the fair value hierarchy level for a financial asset or liability occur, the Group's policy is to recognize such transfers as having occurred at the beginning of the reporting period.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.2 Changes in fair value (Level 3) measured using valuation technique based on unobservable inputs in the market

6.2.2.1 Changes in financial instruments classified as Level 3 of the fair value hierarchy for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial<br>investments** | **Financial<br>investments** | **Financial liabilities<br>at fair value<br>through profit or<br>loss** | **Financial liabilities<br>at fair value<br>through profit or<br>loss** | **Net derivative<br>financial<br>instruments** | **Net derivative<br>financial<br>instruments** |
|  | **Due from financial<br>institutions<br>measured at fair<br>value through<br>profit or loss** | **Due from financial<br>institutions<br>measured at fair<br>value through<br>profit or loss** | **Securities<br>measured at fair<br>value through<br>profit or loss** | **Securities<br>measured at fair<br>value through<br>profit or loss** | **Loans measured<br>at fair value<br>through profit or<br>loss** | **Loans measured<br>at fair value<br>through profit or<br>loss** | **Equity securities<br>measured at fair<br>value through<br>other<br>comprehensive<br>income** | **Equity securities<br>measured at fair<br>value through<br>other<br>comprehensive<br>income** | **Financial liabilities<br>designated at fair<br>value through<br>profit or loss** | **Financial liabilities<br>designated at fair<br>value through<br>profit or loss** | **Derivatives held<br>for trading** | **Derivatives held<br>for trading** |
|  Beginning | W | 64438 | W | 20589415 | W | 1231012 | W | 1808149 | W | (6081963) | W | (211635) |
|  Total gains or losses: |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit or loss |  | (301) |  | 343255 |  | (26061) |  |  |  | (45019) |  | (47465) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other comprehensive income (loss) |  |  |  |  |  |  |  | 40698 |  | (1259) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchases |  |  |  | 1380878 |  | 381662 |  | 78566 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  |  |  | (1243068) |  | (481004) |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issues |  |  |  |  |  |  |  |  |  | (818698) |  | (738) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Settlements |  |  |  |  |  |  |  |  |  | 743491 |  | 21561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfers into Level 3 \* |  |  |  | 2480 |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfers out of Level 3 \* |  |  |  | (15926) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ending | W | 64137 | W | 21057034 | W | 1105609 | W | 1927413 | W | (6203448) | W | (238277) |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.2.1 Changes in financial instruments classified as Level 3 of the fair value hierarchy for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial assets at fair value through profit or loss** | **Financial<br>investments** | **Financial<br>investments** | **Financial liabilities<br>at fair value<br>through profit or<br>loss** | **Financial liabilities<br>at fair value<br>through profit or<br>loss** | **Net derivative<br>financial<br>instruments** | **Net derivative<br>financial<br>instruments** |
|  | **Due from financial<br>institutions<br>measured at fair<br>value through<br>profit or loss** | **Due from financial<br>institutions<br>measured at fair<br>value through<br>profit or loss** | **Securities<br>measured at fair<br>value through<br>profit or loss** | **Securities<br>measured at fair<br>value through<br>profit or loss** | **Loans measured<br>at fair value<br>through profit or<br>loss** | **Loans measured<br>at fair value<br>through profit or<br>loss** | **Equity securities<br>measured at fair<br>value through<br>other<br>comprehensive<br>income** | **Equity securities<br>measured at fair<br>value through<br>other<br>comprehensive<br>income** | **Financial liabilities<br>designated at fair<br>value through<br>profit or loss** | **Financial liabilities<br>designated at fair<br>value through<br>profit or loss** | **Derivatives held<br>for trading** | **Derivatives held<br>for trading** |
|  Beginning | W | 59838 | W | 18879482 | W | 1187764 | W | 1499987 | W | (6172518) | W | (346521) |
|  Total gains or losses: |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit or loss |  | 6874 |  | (5497) |  | 9844 |  |  |  | (153811) |  | 54623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other comprehensive income (loss) |  |  |  |  |  |  |  | 28856 |  | (6216) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchases |  |  |  | 1257057 |  | 305483 |  | 38405 |  |  |  | 443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  |  |  | (1070335) |  | (845982) |  | (19615) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issues |  |  |  |  |  |  |  |  |  | (576058) |  | (1769) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Settlements |  |  |  |  |  |  |  |  |  | 665256 |  | 37570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfers into Level 3 \* |  |  |  | 1265 |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfers out of Level 3 \* |  |  |  | (25158) |  |  |  | (7791) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ending | W | 66712 | W | 19036814 | W | 657109 | W | 1539842 | W | (6243347) | W | (255654) |

---

\* Transfers into or out of Level 3 of the fair value hierarchy occurred due to the change in the availability of observable market data.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.2.2 In relation to changes in financial instruments classified as Level 3 of the fair value hierarchy, total gains or losses recognized in profit or loss for the period, and total gains or losses recognized in profit or loss from financial instruments held at the end of the reporting period for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Net losses<br>on financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Net losses<br>on financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Other<br>operating<br>income** | **Other<br>operating<br>income** | **Net**<br>**interest<br>income** | **Net losses<br>on financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Net losses<br>on financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Other<br>operating<br>income** | **Other<br>operating<br>income** | **Net**<br>**interest<br>income** |
|  Total gains (losses) recognized in profit or loss for the period | W | 40219 | W | 184190 | W | W | (97986) | W | 10019 | W |
|  Total gains (losses) recognized in profit or loss from financial instruments held at the end of the reporting period |  | 60316 |  | 184190 |  |  | (173921) |  | 10019 |  |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3 Sensitivity analysis of changes in unobservable inputs

6.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value** | **Valuation techniques** | **Unobservable<br>inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of**<br> **unobservable inputs to fair value** |
|  Financial assets | Financial assets |  |  |  |  |
|  Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions | W64,137 | Hull-White Model | Volatility | 0.60 | The higher the volatility, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Growth rate | 1.00 ~ 3.00 | The higher the growth rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Volatility | 0.61 ~ 81.28 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Discount rate | 2.31 ~ 21.09 | The lower the discount rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Volatility of Stock price | 10.00 ~ 37.78 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Correlation coefficient | -57.35 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Liquidation value | -1.00 ~ 1.00 | The higher the liquidation value, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | 19315047 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Recovery rate | 40.00 | The higher the recovery rate, the higher the fair value |
|  |  |  | Rate of real estate price fluctuation | 0.00 | The higher the sale price of real estate, the higher the fair value |
| Equity securities | 1741987 | Income Approach, Market Value Approach, Asset Value Approach, DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, Dividend Discount Model, Usage of Past Transactions, Binomial Model, and others | Growth rate | 0.00 ~ 1.00 | The higher the growth rate, the higher the fair value |
|  |  | Income Approach, Market Value Approach, Asset Value Approach, DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, Dividend Discount Model, Usage of Past Transactions, Binomial Model, and others | Discount rate | 7.53 ~ 15.17 | The lower the discount rate, the higher the fair value |
|  |  | Income Approach, Market Value Approach, Asset Value Approach, DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, Dividend Discount Model, Usage of Past Transactions, Binomial Model, and others | Volatility | 0.51 ~ 78.10 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans | 1105609 | DCF Model | Discount rate | 3.26 ~ 9.02 | The lower the discount rate, the higher the fair value |

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------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value** | **Valuation techniques** | **Unobservable<br>inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of**<br> **unobservable inputs to fair value** |
| Derivatives held for trading: | Derivatives held for trading: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index | W177,163 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Binomial Model, Net Asset Value Method | Volatility of underlying asset | 3.00 ~ 68.04 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index | W177,163 | DCF Model, Closed Form, FDM, Monte Carlo Simulation, Hull-White Model, Black-Scholes Model, Binomial Model, Net Asset Value Method | Correlation coefficient | -57.35 ~ 76.14 | The higher the correlation coefficient, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency, interest rate, and others | 19015 | DCF Model, Hull-White Model, Monte Carlo Simulation, Closed Form | Volatility | 0.69 ~ 0.85 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency, interest rate, and others | 19015 | DCF Model, Hull-White Model, Monte Carlo Simulation, Closed Form | Correlation coefficient | 15.71 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  Financial assets at fair value through other comprehensive income: | Financial assets at fair value through other comprehensive income: | Financial assets at fair value through other comprehensive income: | Financial assets at fair value through other comprehensive income: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities | 1927413 | DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, IMV Model, Income Approach, Net Asset Value Method, Market Value Approach, Tree Model, Monte Carlo Simulation, and others | Growth rate | 0.00 ~ 1.00 | The higher the growth rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities | 1927413 | DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, IMV Model, Income Approach, Net Asset Value Method, Market Value Approach, Tree Model, Monte Carlo Simulation, and others | Discount rate | 6.61 ~ 17.33 | The lower the discount rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities | 1927413 | DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, IMV Model, Income Approach, Net Asset Value Method, Market Value Approach, Tree Model, Monte Carlo Simulation, and others | Volatility | 0.61 ~ 27.15 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  |  |  |  |  |
|  | W24,350,371 |  |  |  |  |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value** | **Fair value** | **Valuation techniques** | **Unobservable<br>inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of**<br> **unobservable inputs to fair value** |
|  **Financial liabilities** | **Financial liabilities** | **Financial liabilities** |  |  |  |  |
|  Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative-linked securities | W | 6203448 | DCF Model, Closed Form, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, and others | Volatility of underlying asset | 0.69 ~ 68.04 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative-linked securities |  |  | DCF Model, Closed Form, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, and others | Correlation coefficient | -57.35 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  Derivatives held for trading: | Derivatives held for trading: | Derivatives held for trading: | Derivatives held for trading: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index |  | 51124 | DCF Model, Closed Form, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, and others | Volatility of underlying asset | 0.69 ~ 68.04 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index |  |  | DCF Model, Closed Form, Monte Carlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, and others | Correlation coefficient | -57.35 ~ 76.14 | The higher the correlation coefficient, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 383331 | DCF Model, Hull-White Model, Monte Carlo Simulation, Closed Form | Discount rate | 3.27 | The lower the discount rate, the higher the fair value |
|  |  |  |  | Volatility of underlying asset | 0.69 ~ 26.36 | The higher the volatility, the higher the fair value fluctuation |
|  |  |  |  | Correlation coefficient | -24.71 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  | W | 6637903 |  |  |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value** | **Fair value** | **Valuation techniques** | **Unobservable<br>inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of**<br> **unobservable inputs to fair value** |
| **Financial assets** |  |  |  |  |  |  |
|  Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: |
|  Due from financial institutions | W | 64438 | Hull-White Model | Volatility | 0.50 | The higher the volatility, the higher the fair value fluctuation |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Growth rate | 1.00 ~ 3.00 | The higher the growth rate, the higher the fair value |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Volatility | 0.50 ~ 63.60 | The higher the volatility, the higher the fair value fluctuation |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Discount rate | 1.86 ~ 12.88 | The lower the discount rate, the higher the fair value |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Volatility of Stock price | 10.00 ~ 34.17 | The higher the volatility, the higher the fair value fluctuation |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Correlation coefficient between underlying assets | -57.80 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Liquidation value | -1.00 ~ 1.00 | The higher the liquidation value, the higher the fair value |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Recovery rate | 40.00 | The higher the recovery rate, the higher the fair value |
|  Debt securities |  | 18952188 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Option Model, Binomial Model, Net Asset Value Method, Income Approach, Market Value Approach, and others | Rate of real estate price fluctuation | 0.00 | The higher the sale price of real estate, the higher the fair value |
|  Equity securities |  | 1637227 | Income Approach, Market Value Approach, Asset Value Approach, DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, Dividend Discount Model, Usage of Past Transactions, Binomial Model, and others | Growth rate | 0.00 ~ 1.00 | The higher the growth rate, the higher the fair value |
|  Equity securities |  | 1637227 | Income Approach, Market Value Approach, Asset Value Approach, DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, Dividend Discount Model, Usage of Past Transactions, Binomial Model, and others | Discount rate | 7.22 ~ 14.92 | The lower the discount rate, the higher the fair value |
|  Equity securities |  | 1637227 | Income Approach, Market Value Approach, Asset Value Approach, DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, Dividend Discount Model, Usage of Past Transactions, Binomial Model, and others | Volatility | 0.46 ~ 78.10 | The higher the volatility, the higher the fair value fluctuation |
|  Loans |  | 1231012 | DCF Model | Discount rate | 5.27 ~ 8.93 | The lower the discount rate, the higher the fair value |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value** | **Fair value** | **Valuation techniques** | **Unobservable<br>inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of**<br> **unobservable inputs to fair value** |
|  Derivatives held for trading: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index | W | 191383 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Binomial Model, Net Asset Value Method | Volatility<br>of<br>underlying<br>asset | 3.00 ~ 59.38 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index | W | 191383 | DCF Model, Closed Form, FDM, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Binomial Model, Net Asset Value Method | Correlation<br>coefficient | -57.80 ~ 74.14 | The higher the correlation coefficient, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency, interest rate, and others |  | 21795 | DCF Model, Hull-White Model, MonteCarlo Simulation, Closed Form | Volatility | 0.54 ~ 0.80 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency, interest rate, and others |  | 21795 | DCF Model, Hull-White Model, MonteCarlo Simulation, Closed Form | Correlation<br>coefficient | 14.91 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  Financial assets at fair value through other comprehensive income: | Financial assets at fair value through other comprehensive income: | Financial assets at fair value through other comprehensive income: | Financial assets at fair value through other comprehensive income: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 1808149 | DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, IMV Model, Income Approach, Net Asset Value Method, Market Approach, Tree Model, Monte Carlo Simulation, and others | Growth<br>rate | 0.00 ~ 1.00 | The higher the growth rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  |  | DCF Model, Comparable Company Analysis, Risk Adjusted Discount Rate Method, IMV Model, Income Approach, Net Asset Value Method, Market Approach, Tree Model, Monte Carlo Simulation, and others | Discount<br>rate | 4.82 ~ 17.33 | The lower the discount rate, the higher the fair value |
|  |  |  |  | Volatility | 0.50 ~ 26.47 | The higher the volatility, the higher the fair value fluctuation |
|  | W | 23906192 |  |  |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value** | **Fair value** | **Valuation techniques** | **Unobservable<br>inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of**<br> **unobservable inputs to fair value** |
|  **Financial liabilities** | **Financial liabilities** | **Financial liabilities** |  |  |  |  |
|  Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: | Financial liabilities designated at fair value through profit or loss: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative-linked securities | W | 6081963 | DCF Model, Closed Form, MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, and others | Volatility of underlying asset | 0.54 ~ 60.16 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative-linked securities | W | 6081963 | DCF Model, Closed Form, MonteCarlo Simulation, Black-Scholes Model, Hull-White Model, Net Asset Value Method, and others | Correlation coefficient | -57.80 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  Derivatives held for trading: | Derivatives held for trading: | Derivatives held for trading: | Derivatives held for trading: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index |  | 45370 | DCF Model, Closed Form, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Net Asset Value Method, and others | Volatility of underlying asset | 22.48 ~ 60.16 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock and index |  | 45370 | DCF Model, Closed Form, MonteCarlo Simulation, Hull-White Model, Black-Scholes Model, Net Asset Value Method, and others | Correlation coefficient | -57.80 ~ 74.14 | The higher the correlation coefficient, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 379443 | DCF Model, Hull-White Model, MonteCarlo Simulation, Closed Form | Discount rate | 3.20 | The lower the discount rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  | DCF Model, Hull-White Model, MonteCarlo Simulation, Closed Form | Volatility of underlying asset | 0.54 ~ 23.36 | The higher the volatility, the higher the fair value fluctuation |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  | DCF Model, Hull-White Model, MonteCarlo Simulation, Closed Form | Correlation coefficient | -24.89 ~ 100.00 | The higher the correlation coefficient, the higher the fair value fluctuation |
|  | W | 6506776 |  |  |  |  |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.2 Sensitivity analysis of changes in unobservable inputs

Sensitivity analysis of financial instruments is performed to measure favorable and unfavorable changes in fair value of financial instruments which are affected by unobservable parameters, using a statistical technique. When the fair value is affected by more than one input parameter, the amounts represent the most favorable or most unfavorable outcome. Level 3 financial instruments subject to sensitivity analysis are (a) loans, equity-related derivatives, currency-related derivatives, and interest rate related derivatives whose fair value changes are recognized in profit or loss, (b) financial liabilities designated at fair value through profit or loss, and (c) due from financial institutions, debt securities, equity securities, and loans whose fair value changes are recognized in profit or loss or other comprehensive income or loss.

Results of the sensitivity analysis of changes in unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** |
|  | **Favorable**<br>**changes** | **Favorable**<br>**changes** | **Unfavorable**<br>**changes** | **Unfavorable**<br>**changes** | **Favorable**<br>**changes** | **Favorable**<br>**changes** | **Unfavorable**<br>**changes** | **Unfavorable**<br>**changes** |
|  **Financial assets** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: <sup>1</sup> |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions | W | 19 | W | (19) | W |  | W |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities <sup>4</sup> |  | 114564 |  | (113771) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities <sup>3</sup> |  | 35803 |  | (22577) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans <sup>5</sup> |  | 4982 |  | (4693) |  |  |  |  |
|  Derivatives held for trading <sup>2</sup> |  | 9944 |  | (10606) |  |  |  |  |
|  Financial assets at fair value through other comprehensive income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities <sup>3</sup> |  |  |  |  |  | 53455 |  | (36805) |
|  | W | 165312 | W | (151666) | W | 53455 | W | (36805) |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss <sup>1</sup> | W | 24872 | W | (25064) | W |  | W |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading <sup>2</sup> |  | 17165 |  | (17669) |  |  |  |  |
|  | W | 42037 | W | (42733) | W |  | W |  |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.3.2 Sensitivity analysis of changes in unobservable inputs (cont'd)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** |
|  | **Favorable**<br>**changes** | **Favorable**<br>**changes** | **Unfavorable**<br>**changes** | **Unfavorable**<br>**changes** | **Favorable**<br>**changes** | **Favorable**<br>**changes** | **Unfavorable**<br>**changes** | **Unfavorable**<br>**changes** |
|  **Financial assets** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: <sup>1</sup> |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions | W | 11 | W | (11) | W |  | W |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities <sup>4</sup> |  | 108191 |  | (107444) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities <sup>3</sup> |  | 38454 |  | (24736) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans <sup>5</sup> |  | 4467 |  | (3416) |  |  |  |  |
|  Derivatives held for trading <sup>2</sup> |  | 6820 |  | (7209) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities <sup>3</sup> |  |  |  |  |  | 57358 |  | (38779) |
|  | W | 157943 | W | (142816) | W | 57358 | W | (38779) |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss <sup>1</sup> | W | 14921 | W | (13977) | W |  | W |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading <sup>2</sup> |  | 9346 |  | (10111) |  |  |  |  |
|  | W | 24267 | W | (24088) | W |  | W |  |

---

<sup>1</sup> For financial instruments at fair value through profit or loss, changes in fair value are calculated by shifting principal unobservable input parameters such as discount rate, recovery rate, liquidation value, growth rate by ±1%p and volatility of underlying asset by ±1%p or ±10% and correlation coefficient by ±10%. 

<sup>2</sup> For derivative financial instruments, changes in fair value are calculated by shifting principal unobservable input parameters such as price of underlying asset and volatility by ±3% or ± 10%. 

<sup>3</sup> For equity securities, changes in fair value are calculated by shifting principal unobservable input parameters such as discount rate (-1%p~1%p) and growth rate (-1%p~1%p). 

<sup>4</sup> For beneficiary certificates, it is practically impossible to analyze sensitivity of changes in unobservable inputs. However, for beneficiary certificates whose underlying assets are real estates, changes in fair value are calculated by shifting rate of real estate price fluctuation by -1%p~1%p, and for beneficiary certificates whose underlying assets are equity investments, changes in fair value are calculated by shifting principal unobservable input parameters such as liquidation value by -1%p~1%p and discount rate by -1%p~1%p. There are no significant interrelationships among the major unobservable input parameters. 

<sup>5</sup> For loans, changes in fair value are calculated by shifting principal unobservable input parameters such as discount rate by -1%p~1%p. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.2.4 Valuation gains and losses on transaction day

When the Group measures the fair value of OTC derivatives using inputs that are not based on observable market data, there could be a difference between the transaction price and the amount determined using that valuation technique. In these circumstances, the fair value of financial instruments is recognized as the transaction price, and the difference is not recognized in profit or loss but deferred and amortized using the straight-line method over the life of the financial instrument. When the fair value of the financial instruments is subsequently determined using observable market inputs, the remaining deferred amount is recognized in profit or loss.

Changes in deferred valuation gains and losses on transaction day for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Balance at the beginning of the period | W | 32734 | W | 12140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New transactions |  | 21988 |  | 19764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes during the period |  | (14458) |  | (9158) |
|  Balance at the end of the period | W | 40264 | W | 22746 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.3 Carrying Amount of Financial Instruments by Category

Financial assets and liabilities are measured at fair value or amortized cost. Carrying amount of financial assets and liabilities by category as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Financial<br>instruments at<br>fair value<br>through profit or<br>loss** | **Financial<br>instruments at<br>fair value<br>through profit or<br>loss** | **Financial<br>instruments at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments<br>designated at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments<br>designated at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments at<br>amortized cost** | **Financial<br>instruments at<br>amortized cost** | **Derivatives<br>held for<br>hedging** | **Derivatives<br>held for<br>hedging** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | W |  | W |  | W |  | W | 32538472 | W |  | W | 32538472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss |  | 94367465 |  |  |  |  |  |  |  |  |  | 94367465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial assets |  | 11710997 |  |  |  |  |  |  |  | 600511 |  | 12311508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  |  |  |  |  |  |  | 494353167 |  |  |  | 494353167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial investments |  |  |  | 92787253 |  | 5122355 |  | 37274076 |  |  |  | 135183684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets |  |  |  |  |  |  |  | 41668942 |  |  |  | 41668942 |
|  | W | 106078462 | W | 92787253 | W | 5122355 | W | 605834657 | W | 600511 | W | 810423238 |

---

*(In millions of Korean won)* 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Financial<br>instruments at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments<br>designated at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments<br>designated at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments at<br>amortized cost** | **Financial<br>instruments at<br>amortized cost** | **Derivatives<br>held for<br>hedging** | **Derivatives<br>held for<br>hedging** | **Total** | **Total** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss | W | 3383085 | W | 8107837 | W |  | W |  | W | 11490922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative financial liabilities |  | 11149772 |  |  |  |  |  | 958422 |  | 12108194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits |  |  |  |  |  | 469093134 |  |  |  | 469093134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  |  |  |  |  | 71315372 |  |  |  | 71315372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  |  |  |  |  | 79519555 |  |  |  | 79519555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities \* |  |  |  |  |  | 63747031 |  |  |  | 63747031 |
|  | W | 14532857 | W | 8107837 | W | 683675092 | W | 958422 | W | 707274208 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

6.3 Carrying Amount of Financial Instruments by Category (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Financial<br>instruments at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments<br>designated at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments<br>designated at<br>fair value<br>through other<br>comprehensive<br>income** | **Financial<br>instruments at<br>amortized cost** | **Financial<br>instruments at<br>amortized cost** | **Derivatives<br>held for<br>hedging** | **Derivatives<br>held for<br>hedging** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |  |  |  |  |  |
|  Cash and due from financial institutions | W |  | W |  | W |  | W | 34776877 | W |  | W | 34776877 |
|  Financial assets at fair value through profit or loss |  | 89862530 |  |  |  |  |  |  |  |  |  | 89862530 |
|  Derivative financial assets |  | 7748371 |  |  |  |  |  |  |  | 429685 |  | 8178056 |
|  Loans measured at amortized cost |  |  |  |  |  |  |  | 491978044 |  |  |  | 491978044 |
|  Financial investments |  |  |  | 95307502 |  | 4611983 |  | 35067192 |  |  |  | 134986677 |
|  Other financial assets |  |  |  |  |  |  |  | 19069696 |  |  |  | 19069696 |
|  | W | 97610901 | W | 95307502 | W | 4611983 | W | 580891809 | W | 429685 | W | 778851880 |

---

*(In millions of Korean won)* 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Financial<br>instruments at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments<br>designated at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments<br>designated at<br>fair value<br>through profit<br>or loss** | **Financial<br>instruments at<br>amortized cost** | **Financial<br>instruments at<br>amortized cost** | **Derivatives<br>held for<br>hedging** | **Derivatives<br>held for<br>hedging** | **Total** | **Total** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |  |  |
|  Financial liabilities at fair value through profit or loss | W | 3339572 | W | 7981018 | W |  | W |  | W | 11320590 |
|  Derivative financial liabilities |  | 7687305 |  |  |  |  |  | 546984 |  | 8234289 |
|  Deposits |  |  |  |  |  | 462397026 |  |  |  | 462397026 |
|  Borrowings |  |  |  |  |  | 70728396 |  |  |  | 70728396 |
|  Debentures |  |  |  |  |  | 80049270 |  |  |  | 80049270 |
|  Other financial liabilities\* |  |  |  |  |  | 40469257 |  |  |  | 40469257 |
|  | W | 11026877 | W | 7981018 | W | 653643949 | W | 546984 | W | 673198828 |

---

\* Other financial liabilities include lease liabilities that are not included in the category of financial instruments measured at amortized cost.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**7. Due from Financial Institutions Measured at Amortized Cost** 

7.1 Details of due from financial institutions as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **Financial institutions** | **Interest rate (%)**<br>**as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Due from financial institutions in Korean won | Due from the Bank of Korea | The Bank of Korea |  | W | 12096521 | W | 13939438 |
|  Due from financial institutions in Korean won | Due from banks | KEB Hana Bank and others | 0.00 ~ 3.92 |  | 3809476 |  | 4141440 |
|  Due from financial institutions in Korean won | Due from others | Korea Securities Finance Corporation and others | 0.00 ~ 3.18 |  | 1686865 |  | 1696282 |
|  |  |  |  |  | 17592862 |  | 19777160 |
|  Due from financial institutions in foreign currencies | Due from banks in foreign currencies | The Bank of Korea and others | 0.00 ~ 4.75 |  | 8267039 |  | 9115862 |
|  Due from financial institutions in foreign currencies | Time deposits in foreign currencies | Industrial and Commercial Bank of China and others | 0.00 ~ 10.25 |  | 483844 |  | 405700 |
|  Due from financial institutions in foreign currencies | Due from others | Yuanta Bank(Taiwan) and others | 0.00 ~ 8.60 |  | 3776972 |  | 3270336 |
|  |  |  |  |  | 12527855 |  | 12791898 |
|  |  |  |  | W | 30120717 | W | 32569058 |

---

\* Before netting of allowance

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

7.2 Details of restricted due from financial institutions as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **Financial**<br> **institutions** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** | **Reasons of restriction** |
|  Due from financial institutions in Korean won | Due from the Bank of Korea | The Bank of Korea | W | 12096521 | W | 13939438 | Bank of Korea Act |
|  Due from financial institutions in Korean won | Due from banks | KEB Hana Bank and others |  | 108011 |  | 130640 | Pledges and others |
|  Due from financial institutions in Korean won | Due from others | Korea Securities Finance Corporation and others |  | 1478313 |  | 1630914 | Derivatives margin account and others |
|  Due from financial institutions in Korean won |  |  |  |  |  |  |  |
|  |  |  |  | 13682845 |  | 15700992 |  |
|  Due from financial institutions in foreign currencies | Due from banks in foreign currencies | The Bank of Korea and others |  | 3798429 |  | 3392616 | Bank of Korea Act and others |
|  Due from financial institutions in foreign currencies | Time deposits in foreign currencies | Bank of communications Co., Ltd. New York Branch and others |  | 86605 |  | 81983 | Bank Act of the State of New York and others |
|  Due from financial institutions in foreign currencies | Due from others | Yuanta Bank (Taiwan) and others |  | 3577881 |  | 3002267 | Derivatives margin account and others |
|  Due from financial institutions in foreign currencies |  |  |  |  |  |  |  |
|  |  |  |  | 7462915 |  | 6476866 |  |
|  |  |  | W | 21145760 | W | 22177858 |  |

---

\* Before netting of allowance

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

7.3 Changes in allowances for credit losses of due from financial institutions for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Impaired** |
|  Beginning | W | 1350 | W | W |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Impairment |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision (reversal) for credit losses |  | 529 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 7 |  |  |
|  Ending | W | 1886 | W | W |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** |
|  | **12-month<br>expected credit<br>losses** | **12-month<br>expected credit<br>losses** | **Non-impaired** | **Impaired** |
|  Beginning | W | 1572 | W | W |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Impairment |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision (reversal) for credit losses |  | (475) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | (41) |  |  |
|  Ending | W | 1056 | W | W |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**8. Derivative Financial Instruments and Hedge Accounting** 

The Group's derivative operations focus on addressing the needs of the Group's corporate clients to hedge their risk exposure and hedging the Group's risk exposure that results from such client contracts. The Group also engages in derivative trading activities to hedge the interest rate risk and currency risk arising from the Group's own assets and liabilities. In addition, the Group engages in proprietary trading of derivatives within the predetermined transaction limit.

The Group provides and trades a range of derivative financial instruments, including:

- Interest rate swaps relating to interest rate risk in Korean won

- Cross-currency swaps, forwards, and options relating to currency risk

- Stock index options linked with the Korea Composite Stock Price Index ("KOSPI")

In particular, the Group applies fair value hedge accounting using interest rate swaps, currency forwards, and others to hedge the risk of changes in fair value due to the changes in interest rate and foreign exchange rate of structured debentures in Korean won, debentures in foreign currencies, structured deposits in foreign currencies, and others. The Group applies cash flow hedge accounting using interest rate swaps, currency swaps, and others to hedge the risk of changes in cash flows of floating rate debt securities in Korean won, borrowings in foreign currencies, group of loans measured at amortized cost, and others. In addition, the Group applies net investments in foreign operations hedge accounting by designating debentures in foreign currencies and cross currency forwards as hedging instruments to hedge the currency risk of net investments in foreign operations.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.1 Details of derivative financial instruments held for trading as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Notional**<br>**amount** | **Notional**<br>**amount** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Notional**<br>**amount** | **Notional**<br>**amount** | **Assets** | **Assets** | **Liabilities** | **Liabilities** |
|  **Interest rate** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards | W | 22978520 | W | 1597911 | W | 1017615 | W | 24101504 | W | 963680 | W | 629846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures \* |  | 4279947 |  | 2883 |  | 1140 |  | 5703719 |  | 458 |  | 1340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 267899228 |  | 720893 |  | 826674 |  | 266475478 |  | 447025 |  | 632389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options |  | 6593345 |  | 219235 |  | 190335 |  | 6376000 |  | 185054 |  | 149207 |
|  |  | 301751040 |  | 2540922 |  | 2035764 |  | 302656701 |  | 1596217 |  | 1412782 |
|  **Currency** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards |  | 147818186 |  | 5466322 |  | 2939670 |  | 137979537 |  | 3320819 |  | 1774894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures \* |  | 1229186 |  | 203 |  | 95 |  | 825744 |  | 728 |  | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 71211094 |  | 2688425 |  | 5339590 |  | 70367044 |  | 2316840 |  | 3679947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options |  | 2053799 |  | 20772 |  | 20635 |  | 1741288 |  | 10700 |  | 11361 |
|  |  | 222312265 |  | 8175722 |  | 8299990 |  | 210913613 |  | 5649087 |  | 5466222 |
|  **Stock and index** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures \* |  | 4819485 |  | 4212 |  | 3917 |  | 3577413 |  | 396 |  | 6881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 6507982 |  | 548406 |  | 188004 |  | 6129959 |  | 237117 |  | 380095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options |  | 2508403 |  | 203053 |  | 197592 |  | 2518452 |  | 209753 |  | 162989 |
|  |  | 13835870 |  | 755671 |  | 389513 |  | 12225824 |  | 447266 |  | 549965 |
|  **Credit** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 6027165 |  | 36942 |  | 24077 |  | 5265645 |  | 35971 |  | 26470 |
|  |  | 6027165 |  | 36942 |  | 24077 |  | 5265645 |  | 35971 |  | 26470 |
|  **Commodity** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures \* |  | 146874 |  | 1750 |  | 8674 |  | 81631 |  | 1056 |  | 1949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 764104 |  | 182490 |  | 181873 |  | 568778 |  | 10572 |  | 10185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options |  | 71535 |  | 3777 |  | 3772 |  | 101737 |  | 3072 |  | 3109 |
|  |  | 982513 |  | 188017 |  | 194319 |  | 752146 |  | 14700 |  | 15243 |
|  **Others** |  | 836553 |  | 13723 |  | 206109 |  | 824241 |  | 5130 |  | 216623 |
|  | W | 545745406 | W | 11710997 | W | 11149772 | W | 532638170 | W | 7748371 | W | 7687305 |

---

\* Gains or losses arising from some daily mark-to-market futures are reflected in the margin accounts.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.2 Average price conditions of future nominal cash flows by type of hedge accounting as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **1 year** | **1 year** | **2 years** | **2 years** | **3 years** | **3 years** | **4 years** | **4 years** | **5 years** | **5 years** | **Over**<br>**5 years** | **Over**<br>**5 years** | **Total** | **Total** |
|  **Fair value hedge** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nominal amount of the hedging instrument | W | 4140416 | W | 728428 | W | 1011413 | W | 641560 | W | 1109488 | W | 604612 | W | 8235917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (%) |  | 3.79 |  | 3.43 |  | 5.28 |  | 3.52 |  | 2.96 |  | 3.45 |  | 3.78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (USD/KRW) |  | 1379.68 |  | 1410.09 |  | 1413.70 |  |  |  |  |  |  |  | 1384.60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (EUR/KRW) |  | 1542.45 |  |  |  |  |  |  |  |  |  |  |  | 1542.45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (AUD/KRW) |  | 926.89 |  |  |  |  |  |  |  |  |  |  |  | 926.89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (GBP/KRW) |  | 1869.01 |  |  |  |  |  |  |  |  |  |  |  | 1869.01 |
|  **Cash flow hedge** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nominal amount of the hedging instrument | W | 4513353 | W | 3651206 | W | 3729723 | W | 949949 | W | 229139 | W | 45402 | W | 13118772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (%) |  | 3.13 |  | 4.25 |  | 3.83 |  | 3.18 |  |  |  |  |  | 3.81 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (USD/KRW) |  | 1276.36 |  | 1367.74 |  | 1438.10 |  | 1380.86 |  | 1421.04 |  | 1477.67 |  | 1362.33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (EUR/KRW) |  | 1501.00 |  | 1518.50 |  | 1619.00 |  |  |  | 1710.00 |  |  |  | 1566.44 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (AUD/KRW) |  | 1003.50 |  | 932.60 |  |  |  |  |  |  |  |  |  | 986.45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (CNY/KRW) |  |  |  |  |  | 218.40 |  |  |  |  |  |  |  | 218.40 |
|  **Hedge of net investments in foreign operations** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nominal amount of the hedging instrument | W | 243657 | W |  | W |  | W |  | W |  | W |  | W | 243657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (USD/KRW) |  | 1178.92 |  |  |  |  |  |  |  |  |  |  |  | 1178.92 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.2 Average price conditions of future nominal cash flows by type of hedge accounting as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **1 year** | **1 year** | **2 years** | **2 years** | **3 years** | **3 years** | **4 years** | **4 years** | **5 years** | **5 years** | **Over**<br>**5 years** | **Over**<br>**5 years** | **Total** | **Total** |
|  **Fair value hedge** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nominal amount of the hedging instrument | W | 5146871 | W | 402995 | W | 94321 | W | 880581 | W | 1531878 | W | 570923 | W | 8627569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (%) |  | 3.67 |  | 4.31 |  | 4.85 |  | 5.92 |  | 2.96 |  | 3.73 |  | 3.86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (USD/KRW) |  | 1362.39 |  | 1356.40 |  |  |  |  |  |  |  |  |  | 1362.03 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (EUR/KRW) |  | 1556.92 |  | 1481.21 |  |  |  |  |  |  |  |  |  | 1541.37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (AUD/KRW) |  | 911.05 |  |  |  |  |  |  |  |  |  |  |  | 911.05 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (GBP/KRW) |  | 1862.01 |  |  |  |  |  |  |  |  |  |  |  | 1862.01 |
|  **Cash flow hedge** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nominal amount of the hedging instrument | W | 3715273 | W | 3779416 | W | 3059931 | W | 1172452 | W | 578761 | W |  | W | 12305833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (%) |  | 3.46 |  | 4.37 |  | 3.96 |  | 3.47 |  |  |  |  |  | 3.94 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (USD/KRW) |  | 1264.42 |  | 1433.62 |  | 1344.27 |  | 1353.74 |  | 1411.82 |  |  |  | 1351.96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (EUR/KRW) |  | 1501.00 |  | 1560.67 |  | 1505.50 |  |  |  |  |  |  |  | 1526.90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (AUD/KRW) |  | 896.73 |  | 932.6 |  |  |  |  |  |  |  |  |  | 905.35 |
|  **Hedge of net investments in foreign operations** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nominal amount of the hedging instrument | W | 242498 | W |  | W |  | W |  | W |  | W |  | W | 242498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average price condition (USD/KRW) |  | 1173.81 |  |  |  |  |  |  |  |  |  |  |  | 1173.81 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.3 Fair Value Hedge

8.3.1 Details of fair value hedged items as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **2026** | **2026** |
|  |  | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Accumulated amount of<br>hedge adjustments** | **Accumulated amount of<br>hedge adjustments** | **Accumulated amount of<br>hedge adjustments** | **Accumulated amount of<br>hedge adjustments** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  |  | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** |
|  **Interest rate** | Debt securities in Korean won | W | 873706 | W |  | W | (13340) | W |  | W | (15734) |
|  | Debt securities in foreign currencies |  | 1276095 |  |  |  | (3685) |  |  |  | (2099) |
|  | Deposits in Korean won |  |  |  | 196160 |  |  |  | 6160 |  | 705 |
|  | Deposits in foreign currencies |  |  |  | 1084927 |  |  |  | (3278) |  | 1809 |
|  | Debentures in Korean won |  |  |  | 1360658 |  |  |  | (149342) |  | 31967 |
|  | Debentures in foreign currencies |  |  |  | 846751 |  |  |  | (31021) |  | 7936 |
|  |  |  | 2149801 |  | 3488496 |  | (17025) |  | (177481) |  | 24584 |
|  **Currency** | Debt securities in foreign currencies |  | 1649428 |  |  |  | 453123 |  |  |  | 138985 |
|  **Currency** |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | 1649428 |  |  |  | 453123 |  |  |  | 138985 |
|  |  | W | 3799229 | W | 3488496 | W | 436098 | W | (177481) | W | 163569 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.3.1 Details of fair value hedged items as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **2025** | **2025** |
|  |  | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Accumulated amount of<br>hedge adjustments** | **Accumulated amount of<br>hedge adjustments** | **Accumulated amount of<br>hedge adjustments** | **Accumulated amount of<br>hedge adjustments** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  |  | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** | **Hedge accounting** |
|  **Interest rate** | Debt securities in Korean won | W | 1516538 | W |  | W | (5529) | W |  | W | 6459 |
|  | Debt securities in foreign currencies |  | 1285924 |  |  |  | (628) |  |  |  | 20437 |
|  | Deposits in Korean won |  |  |  | 196865 |  |  |  | 6865 |  | (10691) |
|  | Deposits in foreign currencies |  |  |  | 1044993 |  |  |  | (1334) |  | (3173) |
|  | Debentures in Korean won |  |  |  | 1342625 |  |  |  | (117375) |  | (14358) |
|  | Debentures in foreign currencies |  |  |  | 809157 |  |  |  | (23085) |  | (24650) |
|  |  |  | 2802462 |  | 3393640 |  | (6157) |  | (134929) |  | (25976) |
|  **Currency** | Debt securities in foreign currencies |  | 1539305 |  |  |  | 365464 |  |  |  | 5174 |
|  **Currency** |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  | 1539305 |  |  |  | 365464 |  |  |  | 5174 |
|  |  | W | 4341767 | W | 3393640 | W | 359307 | W | (134929) | W | (20802) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.3.2 Details of derivative instruments designated as fair value hedge as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **2026** | **2026** |
|  | **Notional amount** | **Notional amount** | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  | **Notional amount** | **Notional amount** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Interest rate** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | W | 347600 | W |  | W |  | W | 10328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 5456701 |  | 78846 |  | 33854 |  | (45893) |
|  | W | 5804301 | W | 78846 | W | 33854 | W | (35565) |
|  **Currency** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards |  | 2431616 |  |  |  | 203509 |  | (143360) |
|  | W | 8235917 | W | 78846 | W | 237363 | W | (178925) |

---

*(In millions of Korean won)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **2025** | **2025** |
|  | **Notional amount** | **Notional amount** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Interest rate** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures | W | 1007300 | W |  | W |  | W |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 5336065 |  | 89917 |  | 17610 |  | 13628 |
|  | W | 6343365 | W | 89917 | W | 17610 | W | 13628 |
|  **Currency** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards |  | 2284204 |  | 4563 |  | 107590 |  | (18180) |
|  | W | 8627569 | W | 94480 | W | 125200 | W | (4552) |

---

8.3.3 Details of hedge ineffectiveness recognized in profit or loss on derivative instruments designated as fair value hedge for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2025** | **2025** |
|  **Hedge accounting** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest rate | W | (10981) | W | (12348) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency |  | (4375) |  | (13005) |
|  | W | (15356) | W | (25353) |

---

8.3.4 Gains or losses on fair value hedging instruments and hedged items attributable to the hedged for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2025** | **2025** |
|  Losses on hedging instruments | W | (178925) | W | (4552) |
|  Gains (losses) on hedged items attributable to the hedged risk |  | 163709 |  | (20655) |
|  | W | (15216) | W | (25207) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.4 Cash Flow Hedge

8.4.1 Details of cash flow hedged items as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Cash flow hedge reserve** | **Cash flow hedge reserve** | **Cash flow hedge reserve** | **Cash flow hedge reserve** | **Changes in fair value** | **Changes in fair value** | **Changes in fair value** | **Changes in fair value** |
|  | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** | **2026** | **2026** | **2025** | **2025** |
|  **Hedge accounting** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest rate risk | W | (346062) | W | (102432) | W | 316490 | W | (58856) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency risk |  | (48675) |  | (55080) |  | (141662) |  | 16838 |
|  | W | (394737) | W | (157512) | W | 174828 | W | (42018) |

---

8.4.2 Details of derivative instruments designated as cash flow hedge as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **2026** | **2026** |
|  | **Notional amount** | **Notional amount** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Interest rate** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards | W | 4242735 | W | 373 | W | 507207 | W | (330097) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 2711318 |  | 33401 |  | 7299 |  | 13642 |
|  |  | 6954053 |  | 33774 |  | 514506 |  | (316455) |
|  **Currency** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 6164719 |  | 487891 |  | 206553 |  | 145288 |
|  | W | 13118772 | W | 521665 | W | 721059 | W | (171167) |

---

*(In millions of Korean won)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **2025** | **2025** |
|  | **Notional amount** | **Notional amount** | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Interest rate** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards | W | 3947019 | W | 37218 | W | 234722 | W | 80560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 2849228 |  | 25753 |  | 13343 |  | (23493) |
|  | W | 6796247 | W | 62971 | W | 248065 | W | 57067 |
|  **Currency** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Swaps |  | 5509586 |  | 272234 |  | 170808 |  | (13822) |
|  | W | 12305833 | W | 335205 | W | 418873 | W | 43245 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.4.3 Gains or losses on cash flow hedging instruments and hedged items attributable to the hedged risk for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Gains (losses) on hedging instruments: | W | (171167) | W | 43245 |
|  Effective portion of gains (losses) on cash flow hedging instruments (recognized in other comprehensive income or loss) |  | (171664) |  | 42090 |
|  Ineffective portion of gains on cash flow hedging instruments (recognized in profit or loss) |  | 497 |  | 1155 |

---

8.4.4 Amounts recognized in other comprehensive income (loss) and reclassified from equity to profit or loss related to derivative instruments designated as cash allow hedge for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Other comprehensive income (loss) | W | (171664) | W | 42090 |
|  Reclassification to profit or loss |  | (157080) |  | 672 |
|  Income tax effect |  | 84390 |  | (11261) |
|  | W | (244354) | W | 31501 |

---

8.5 Hedge of Net Investments in Foreign Operations

8.5.1 Details of net investments in foreign operations hedged items as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Foreign currency**<br>**translation reserve** | **Foreign currency**<br>**translation reserve** | **Foreign currency**<br>**translation reserve** | **Foreign currency**<br>**translation reserve** | **Changes in fair value** | **Changes in fair value** | **Changes in fair value** | **Changes in fair value** |
|  | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** | **2026** | **2026** | **2025** | **2025** |
|  **Hedge accounting** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency risk | W | (358912) | W | (276478) | W | 113702 | W | (4790) |

---

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##### [**Table of Contents**](#toc)
**.KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.5.2 Details of financial instruments designated as hedge of net investments in foreign operations as of March 31, 2026 and December 31, 2025 and changes in fair value for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **2026** | **2026** |
|  | **Notional**<br>**amount** | **Notional**<br>**amount** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Currency** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards | W |  | W | W |  | W | 2911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures in foreign currencies |  | 2322188 |  |  | 2321952 |  | (116613) |
|  | W | 2322188 | W | W | 2321952 | W | (113702) |

---

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **2025** | **2025** |
|  | **Notional**<br>**amount** | **Notional**<br>**amount** | **Assets** | **Liabilities** | **Liabilities** | **Changes in**<br>**fair value** | **Changes in**<br>**fair value** |
|  **Currency** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forwards | W | 11479 | W | W | 2911 | W | 789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures in foreign currencies |  | 2203306 |  |  | 2203005 |  | 4001 |
|  | W | 2214785 | W | W | 2205916 | W | 4790 |

---

8.5.3 Fair value of non-derivative financial instruments designated as hedge of net investments in foreign operations as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Debentures in foreign currencies | W | 2300273 | W | 2186490 |

---

8.5.4 Gains or losses on net investments in foreign operations hedging instruments and hedged items attributable to the hedged risk for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Losses on hedging instruments: | W | (113702) | W | 4790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Effective portion of losses on hedge of net investments in foreign operations (recognized in other comprehensive income or loss) |  | (113702) |  | 4790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ineffective portion of losses on hedge of net investments in foreign operations (recognized in profit or loss) |  |  |  |  |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

8.5.5 Effective portion of gains or losses on net investments in foreign operations hedging instruments recognized in other comprehensive income (loss) for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Other comprehensive loss | W | (113702) | W | 4790 |
|  Reclassification to profit or loss |  |  |  |  |
|  Income tax effect |  | 31268 |  | (1266) |
|  | W | (82434) | W | 3524 |

---

**9. Loans Measured at Amortized Cost** 

9.1 Details of loans as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Loans measured at amortized cost | W | 499347819 | W | 496800668 |
|  Deferred loan origination fees and costs |  | 573836 |  | 583572 |
|  Less: Allowances for credit losses |  | (5568488) |  | (5406196) |
|  | W | 494353167 | W | 491978044 |

---

9.2 Details of loans to banks as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Loans measured at amortized cost | W | 7162695 | W | 8761115 |
|  Less: Allowances for credit losses |  | (3596) |  | (2039) |
|  | W | 7159099 | W | 8759076 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

9.3 Details of loan types and customer types of loans to customers other than banks as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Retail** | **Retail** | **Corporate** | **Corporate** | **Credit card** | **Credit card** | **Total** | **Total** |
|  Loans in Korean won | W | 195214383 | W | 216742146 | W |  | W | 411956529 |
|  Loans in foreign currencies |  | 6533512 |  | 27126587 |  |  |  | 33660099 |
|  Domestic import usance bills |  |  |  | 3995357 |  |  |  | 3995357 |
|  Off-shore funding loans |  |  |  | 1121519 |  |  |  | 1121519 |
|  Bills bought in Korean won |  |  |  | 3127 |  |  |  | 3127 |
|  Bills bought in foreign currencies |  |  |  | 3324711 |  |  |  | 3324711 |
|  Guarantee payments under acceptances and guarantees |  |  |  | 5693 |  |  |  | 5693 |
|  Credit card receivables in Korean won |  |  |  |  |  | 22940133 |  | 22940133 |
|  Credit card receivables in foreign currencies |  |  |  |  |  | 33313 |  | 33313 |
|  Bonds purchased under repurchase agreements |  |  |  | 6700940 |  |  |  | 6700940 |
|  Privately placed bonds |  |  |  | 389157 |  |  |  | 389157 |
|  Factored receivables |  | 5641 |  | 72011 |  |  |  | 77652 |
|  Lease receivables |  | 440984 |  | 72938 |  |  |  | 513922 |
|  Loans for installment credit |  | 7018634 |  | 1018174 |  |  |  | 8036808 |
|  |  | 209213154 |  | 260572360 |  | 22973446 |  | 492758960 |
|  Proportion (%) |  | 42.46 |  | 52.88 |  | 4.66 |  | 100.00 |
|  Less: Allowances for credit losses |  | (1545473) |  | (3274722) |  | (744697) |  | (5564892) |
|  | W | 207667681 | W | 257297638 | W | 22228749 | W | 487194068 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

9.3 Details of loan types and customer types of loans to customers other than banks as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Retail** | **Retail** | **Corporate** | **Corporate** | **Credit card** | **Credit card** | **Total** | **Total** |
|  Loans in Korean won | W | 195458599 | W | 213386102 | W |  | W | 408844701 |
|  Loans in foreign currencies |  | 6139413 |  | 26054287 |  |  |  | 32193700 |
|  Domestic import usance bills |  |  |  | 3576639 |  |  |  | 3576639 |
|  Off-shore funding loans |  |  |  | 959102 |  |  |  | 959102 |
|  Call Loans |  |  |  | 450000 |  |  |  | 450000 |
|  Bills bought in Korean won |  |  |  | 1691 |  |  |  | 1691 |
|  Bills bought in foreign currencies |  |  |  | 2611182 |  |  |  | 2611182 |
|  Guarantee payments under acceptances and guarantees |  |  |  | 5414 |  |  |  | 5414 |
|  Credit card receivables in Korean won |  |  |  |  |  | 23103760 |  | 23103760 |
|  Credit card receivables in foreign currencies |  |  |  |  |  | 31326 |  | 31326 |
|  Bonds purchased under repurchase agreements |  |  |  | 8084671 |  |  |  | 8084671 |
|  Privately placed bonds |  |  |  | 390175 |  |  |  | 390175 |
|  Factored receivables |  | 3563 |  | 77811 |  |  |  | 81374 |
|  Lease receivables |  | 429444 |  | 82883 |  |  |  | 512327 |
|  Loans for installment credit |  | 6853732 |  | 923331 |  |  |  | 7777063 |
|  |  | 208884751 |  | 256603288 |  | 23135086 |  | 488623125 |
|  Proportion (%) |  | 42.75 |  | 52.52 |  | 4.73 |  | 100.00 |
|  Less: Allowances for credit losses |  | (1500254) |  | (3187999) |  | (715904) |  | (5404157) |
|  | W | 207384497 | W | 253415289 | W | 22419182 | W | 483218968 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**10. Allowances for Credit Losses** 

10.1 Changes in allowances for credit losses of loans measured at amortized cost for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Retail** | **Retail** | **Retail** | **Retail** | **Retail** | **Retail** | **Corporate** | **Corporate** | **Corporate** | **Corporate** | **Corporate** | **Corporate** | **Credit card** | **Credit card** | **Credit card** | **Credit card** | **Credit card** | **Credit card** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 579327 | W | 272474 | W | 648453 | W | 935287 | W | 907707 | W | 1347044 | W | 185473 | W | 369576 | W | 160855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  | 46188 |  | (41574) |  | (4614) |  | 49963 |  | (25684) |  | (24279) |  | 61169 |  | (61036) |  | (133) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  | (30110) |  | 47675 |  | (17565) |  | (75829) |  | 103962 |  | (28133) |  | (19157) |  | 20500 |  | (1343) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Impairment |  | (4618) |  | (48744) |  | 53362 |  | (25285) |  | (254426) |  | 279711 |  | (800) |  | (44895) |  | 45695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Write-offs |  |  |  |  |  | (153447) |  |  |  | (6) |  | (141249) |  |  |  |  |  | (151261) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (4581) |  | (510) |  | (8589) |  | (34) |  | (974) |  | (47940) |  | (7) |  | (7600) |  | (10621) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision (reversal) for credit losses <sup>1,2</sup> |  | (44655) |  | 50514 |  | 187437 |  | 15485 |  | 40842 |  | 181915 |  | (13312) |  | 63116 |  | 153448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others (exchange differences, etc.) |  | 1781 |  | 1004 |  | 16265 |  | 8942 |  | 8814 |  | 22485 |  | 16 |  | 23 |  | (5009) |
|  Ending | W | 543332 | W | 280839 | W | 721302 | W | 908529 | W | 780235 | W | 1589554 | W | 213382 | W | 339684 | W | 191631 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

10.1 Changes in allowances for credit losses of loans measured at amortized cost for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Retail** | **Retail** | **Retail** | **Retail** | **Retail** | **Retail** | **Corporate** | **Corporate** | **Corporate** | **Corporate** | **Corporate** | **Corporate** | **Credit card** | **Credit card** | **Credit card** | **Credit card** | **Credit card** | **Credit card** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** | **Lifetime**<br>**expected credit losses** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 607351 | W | 331435 | W | 649031 | W | 913140 | W | 923564 | W | 1332119 | W | 240434 | W | 372640 | W | 263666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  | 54060 |  | (45531) |  | (8529) |  | 91028 |  | (89228) |  | (1800) |  | 33312 |  | (33020) |  | (292) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  | (42754) |  | 213065 |  | (170311) |  | (55478) |  | 161174 |  | (105696) |  | (29607) |  | 30553 |  | (946) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Impairment |  | (6629) |  | (207799) |  | 214428 |  | (1603) |  | (191557) |  | 193160 |  | (813) |  | (61549) |  | 62362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Write-offs |  |  |  |  |  | (157169) |  |  |  | (1) |  | (77815) |  |  |  |  |  | (155208) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (214) |  | (168) |  | (27429) |  | (26) |  | (245) |  | (49563) |  |  |  |  |  | (73268) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision (reversal) for credit losses <sup>1,2</sup> |  | (5133) |  | 42542 |  | 181338 |  | (21137) |  | 10179 |  | 257491 |  | (7718) |  | 83324 |  | 176415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others (exchange differences, etc.) |  | (322) |  | (122) |  | (9694) |  | (2502) |  | 78 |  | (20264) |  | (38) |  | (8) |  | (10056) |
|  Ending | W | 606359 | W | 333422 | W | 671665 | W | 923422 | W | 813964 | W | 1527632 | W | 235570 | W | 391940 | W | 262673 |

---

<sup>1</sup> Provision for credit losses in the consolidated statements of comprehensive income also includes provision (reversal) for credit losses of due from financial institutions (Note 7.3), provision (reversal) for credit losses of financial investments (Note 11.5), provision (reversal) for credit losses of unused commitments, acceptances and guarantees (Note 17.2), provision (reversal) for credit losses of financial guarantee contracts (Note 17.3), and provision (reversal) for credit losses of other financial assets. 

<sup>2</sup> Includes W156,201 million and W86,146 million of collections from written-off loans for the three-month periods ended March 31, 2026 and 2025, respectively.

The amount of financial assets that the Group wrote off during the current year but is continuing recovery activities is W 443,578 million and W 390,193 million for the three-month periods ended March 31, 2026 and 2025, respectively. Also, the Group manages the written-off loans that their legal extinctive prescriptions have not been completed, and that have not been collected. The balances of those loans are W 11,933,119 million and W 11,292,023 million as of March 31, 2026 and December 31, 2025, respectively.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

10.2 Changes in gross carrying amount of loans for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 445890120 | W | 46967201 | W | 4526919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  | 6609302 |  | (5860779) |  | (748523) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses (non-impaired) |  | (7104649) |  | 7255461 |  | (150812) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses (impaired) |  | (914072) |  | (1480468) |  | 2394540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Write-offs |  |  |  | (6) |  | (445957) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (1033695) |  | (30416) |  | (214666) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net increase (decrease) (execution, repayment, and others) |  | 6621858 |  | (2255517) |  | (104186) |
|  Ending | W | 450068864 | W | 44595476 | W | 5257315 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** |
|  | **12-month<br>expected**<br>**credit losses** | **12-month<br>expected**<br>**credit losses** | **Non-impaired** | **Non-impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 431753998 | W | 40940591 | W | 5010631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  | 7009230 |  | (6988330) |  | (20900) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses (non-impaired) |  | (10496310) |  | 12180941 |  | (1684631) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses (impaired) |  | (185099) |  | (2807719) |  | 2992818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Write-offs |  |  |  | (1) |  | (390192) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (341282) |  | (6643) |  | (273312) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net increase (decrease) (execution, repayment, and others) |  | 6980473 |  | (2625965) |  | (411156) |
|  Ending | W | 434721010 | W | 40692874 | W | 5223258 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**11.** **Financial Assets at Fair Value through Profit or Loss and Financial Investments** 

11.1 Details of financial assets at fair value through profit or loss and financial investments as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Financial assets at fair value through profit or loss |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and public bonds | W | 14377617 | W | 12700497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial bonds |  | 12268814 |  | 13649186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 8993859 |  | 8116539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-backed securities |  | 29582 |  | 30000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beneficiary certificates |  | 25431032 |  | 24898393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative-linked securities |  | 2332662 |  | 2161288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other debt securities |  | 21739935 |  | 18997445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stocks |  | 7233426 |  | 7258897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other equity securities |  | 310262 |  | 342556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Privately placed bonds |  | 233442 |  | 227391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other loans |  | 872167 |  | 1003621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other due from financial institutions |  | 64137 |  | 64438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 480530 |  | 412279 |
|  | W | 94367465 | W | 89862530 |
|  **Financial investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through other comprehensive income |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and public bonds | W | 43579554 | W | 43782588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial bonds |  | 21919302 |  | 23991331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 22955435 |  | 23215390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-backed securities |  | 2129657 |  | 2163313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other debt securities |  | 133029 |  | 159797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stocks |  | 1873435 |  | 1808906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity investments |  | 45901 |  | 16144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other equity securities |  | 3203019 |  | 2786933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Privately placed bonds |  | 2070276 |  | 1995083 |
|  |  | 97909608 |  | 99919485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at amortized cost |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government and public bonds |  | 4699747 |  | 4944116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial bonds |  | 14613109 |  | 13817271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 10218461 |  | 8698069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-backed securities |  | 7646941 |  | 7551248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other debt securities |  | 113151 |  | 73785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less: Allowances for credit losses |  | (17333) |  | (17297) |
|  |  | 37274076 |  | 35067192 |
|  | W | 135183684 | W | 134986677 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

11.2 Dividend income from equity securities designated at fair value through other comprehensive income for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2025** | **2025** | **2025** | **2025** |
|  | **From the**<br>**equity securities<br>derecognized** | **From the**<br>**equity securities<br>derecognized** | **From the**<br>**equity<br>securities**<br>**held** | **From the**<br>**equity<br>securities**<br>**held** | **From the**<br>**equity securities<br>derecognized** | **From the**<br>**equity securities<br>derecognized** | **From the**<br>**equity<br>securities**<br>**held** | **From the**<br>**equity<br>securities**<br>**held** |
|  Equity securities measured at fair value through other comprehensive income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stocks Listed | W | 702 | W | 11064 | W |  | W | 10352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unlisted |  |  |  | 19475 |  |  |  | 15190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity investments |  |  |  |  |  |  |  | 302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other equity securities |  | 477 |  | 36424 |  | 225 |  | 25431 |
|  | W | 1179 | W | 66963 | W | 225 | W | 51275 |

---

11.3 Derecognized equity securities measured at fair value through other comprehensive income for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2025** | **2025** | **2025** | **2025** |
|  | **Disposal**<br>**price** | **Disposal**<br>**price** | **Accumulated other<br>comprehensive<br>income (loss)**<br>**as of disposal date** | **Accumulated other<br>comprehensive<br>income (loss)**<br>**as of disposal date** | **Disposal**<br>**price** | **Disposal**<br>**price** | **Accumulated other<br>comprehensive<br>income (loss)**<br>**as of disposal date** | **Accumulated other<br>comprehensive<br>income (loss)**<br>**as of disposal date** |
|  Equity securities measured at fair value through other comprehensive income: |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stocks Listed | W | 23647 | W | 2100 | W | 6440 | W | (1598) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unlisted |  |  |  |  |  |  |  |  |
|  Other equity securities |  | 110518 |  | (519) |  | 69999 |  | (1) |
|  | W | 134165 | W | 1581 | W | 76439 | W | (1599) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

11.4 Provision (reversal) for credit losses of financial investments for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Provision** | **Provision** | **Reversal** | **Reversal** | **Total** | **Total** |
|  Securities measured at fair value through other comprehensive income | W | 2955 | W | (2491) | W | 464 |
|  Loans measured at fair value through other comprehensive income |  | 104 |  |  |  | 104 |
|  Securities measured at amortized cost |  | 1276 |  | (1305) |  | (29) |
|  | W | 4335 | W | (3796) | W | 539 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Provision** | **Provision** | **Reversal** | **Reversal** | **Total** | **Total** |
|  Securities measured at fair value through other comprehensive income | W | 2095 | W | (2808) | W | (713) |
|  Loans measured at fair value through other comprehensive income |  | 7 |  | (67) |  | (60) |
|  Securities measured at amortized cost |  | 430 |  | (1966) |  | (1536) |
|  | W | 2532 | W | (4841) | W | (2309) |

---

11.5 Changes in allowances for credit losses of financial investments for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **12-month expected**<br>**credit losses** | **12-month expected**<br>**credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** |
|  | **12-month expected**<br>**credit losses** | **12-month expected**<br>**credit losses** | **Non-impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 41152 | W | W | 81 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (878) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for credit losses |  | 539 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | (73) |  |  |  |
|  Ending | W | 40740 | W | W | 81 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **12-month expected**<br>**credit losses** | **12-month expected**<br>**credit losses** | **Lifetime expected credit<br>losses** | **Lifetime expected credit<br>losses** | **Lifetime expected credit<br>losses** |
|  | **12-month expected**<br>**credit losses** | **12-month expected**<br>**credit losses** | **Non-impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 43031 | W | W | 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (1335) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for credit losses |  | (2308) |  |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 22 |  |  |  |
|  Ending | W | 39410 | W | W | 81 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**12.** **Deferred Income Tax Assets and Liabilities** 

Details of deferred income tax assets and liabilities as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Net amount** | **Net amount** |
|  Other provisions | W | 226843 | W |  | W | 226843 |
|  Allowances for credit losses |  | 37414 |  | (2153) |  | 35261 |
|  Impairment losses of property and equipment |  | 15290 |  | (1171) |  | 14119 |
|  Interest on equity index-linked deposits |  | 651 |  |  |  | 651 |
|  Share-based payments |  | 36467 |  |  |  | 36467 |
|  Provisions for acceptances and guarantees |  | 15198 |  | (444) |  | 14754 |
|  Gains or losses on valuation of derivatives |  | 202456 |  | (567246) |  | (364790) |
|  Present value discount |  | 11159 |  | (198) |  | 10961 |
|  Gains or losses on fair value hedge |  |  |  | (48689) |  | (48689) |
|  Accrued interest |  | (14) |  | (262554) |  | (262568) |
|  Deferred loan origination fees and costs |  | 16665 |  | (203611) |  | (186946) |
|  Advanced depreciation provision |  |  |  | (4170) |  | (4170) |
|  Gains or losses on revaluation |  | 327 |  | (283612) |  | (283285) |
|  Investments in subsidiaries and others |  | 89918 |  | (308600) |  | (218682) |
|  Gains or losses on valuation of security investment |  | 2249134 |  | (275731) |  | 1973403 |
|  Defined benefit liabilities |  | 636475 |  |  |  | 636475 |
|  Accrued expenses |  | 240543 |  |  |  | 240543 |
|  Retirement insurance expense |  |  |  | (658230) |  | (658230) |
|  Adjustments to the prepaid contributions |  |  |  | (88248) |  | (88248) |
|  Derivative-linked securities |  | 6368 |  | (34459) |  | (28091) |
|  Others \* |  | 1243615 |  | (4080421) |  | (2836806) |
|  |  | 5028509 |  | (6819537) |  | (1791028) |
|  Offsetting of deferred income tax assets and liabilities |  | (4832298) |  | 4832298 |  |  |
|  | W | 196211 | W | (1987239) | W | (1791028) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**12. Deferred Income Tax Assets and Liabilities (cont'd)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Net amount** | **Net amount** |
|  Other provisions | W | 233337 | W |  | W | 233337 |
|  Allowances for credit losses |  | 44300 |  | (2355) |  | 41945 |
|  Impairment losses of property and equipment |  | 10614 |  | (1164) |  | 9450 |
|  Interest on equity index-linked deposits |  | 362 |  |  |  | 362 |
|  Share-based payments |  | 49752 |  |  |  | 49752 |
|  Provisions for acceptances and guarantees |  | 14464 |  | (164) |  | 14300 |
|  Gains or losses on valuation of derivatives |  | 324878 |  | (341168) |  | (16290) |
|  Present value discount |  | 11439 |  | (239) |  | 11200 |
|  Gains or losses on fair value hedge |  |  |  | (36979) |  | (36979) |
|  Accrued interest |  | (14) |  | (290542) |  | (290556) |
|  Deferred loan origination fees and costs |  | 16103 |  | (200328) |  | (184225) |
|  Advanced depreciation provision |  |  |  | (4170) |  | (4170) |
|  Gains or losses on revaluation |  | 326 |  | (284230) |  | (283904) |
|  Investments in subsidiaries and others |  | 89649 |  | (298302) |  | (208653) |
|  Gains or losses on valuation of security investment |  | 1045397 |  | (444901) |  | 600496 |
|  Defined benefit liabilities |  | 651974 |  |  |  | 651974 |
|  Accrued expenses |  | 403784 |  |  |  | 403784 |
|  Retirement insurance expense |  |  |  | (666714) |  | (666714) |
|  Adjustments to the prepaid contributions |  |  |  | (79010) |  | (79010) |
|  Derivative-linked securities |  | 9051 |  | (43669) |  | (34618) |
|  Others \* |  | 1221261 |  | (3058788) |  | (1837527) |
|  |  | 4126677 |  | (5752723) |  | (1626046) |
|  Offsetting of deferred income tax assets and liabilities |  | (3933643) |  | 3933643 |  |  |
|  | W | 193034 | W | (1819080) | W | (1626046) |

---

\* Includes Purchase Price Allocation ("PPA") amount arising from the acquisition of KB Life Insurance Co., Ltd., KB Insurance Co., Ltd. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**13. Financial Liabilities at Fair Value through Profit or Loss** 

13.1 Details of financial liabilities at fair value through profit or loss and financial liabilities designated at fair value through profit or loss as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Financial liabilities at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowed securities sold | W | 2902814 | W | 2923691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 480271 |  | 415881 |
|  |  | 3383085 |  | 3339572 |
|  **Financial liabilities designated at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative-linked securities |  | 8107837 |  | 7981018 |
|  |  | 8107837 |  | 7981018 |
|  | W | 11490922 | W | 11320590 |

---

13.2 Difference between the amount contractually required to pay at maturity and carrying amount of financial liabilities designated at fair value through profit or loss as of March 31, 2026 and December 31, 2025 are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Amount contractually required to pay at maturity | W | 8004845 | W | 7900807 |
|  Carrying amount |  | 8107837 |  | 7981018 |
|  Difference | W | (102992) | W | (80211) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**14. Deposits** 

Details of deposits as of March 31, 2026 and December 31, 2025 are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Demand deposits** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Demand deposits in Korean won | W | 180647821 | W | 169324051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Demand deposits in foreign currencies |  | 16311308 |  | 16531638 |
|  |  | 196959129 |  | 185855689 |
|  **Time deposits** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time deposits in Korean won |  | 220704872 |  | 224427609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value adjustments of fair value hedged time deposits in foreign currencies |  | 6160 |  | 6865 |
|  |  | 220711032 |  | 224434474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time deposits in foreign currencies |  | 27152883 |  | 27711278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value adjustments of fair value hedged time deposits in foreign currencies |  | (3278) |  | (1334) |
|  |  | 27149605 |  | 27709944 |
|  |  | 247860637 |  | 252144418 |
|  **Certificates of deposits** |  | 13575965 |  | 13749293 |
|  **Investment contract liabilities** |  | 10697403 |  | 10647626 |
|  | W | 469093134 | W | 462397026 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**15. Borrowings** 

15.1 Details of borrowings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  General borrowings | W | 57537021 | W | 53070565 |
|  Bonds sold under repurchase agreements and others |  | 10396372 |  | 13430104 |
|  Call money |  | 3381979 |  | 4227727 |
|  | W | 71315372 | W | 70728396 |

---

15.2 Details of general borrowings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **Lenders** | **Interest rate<br>(%) as of<br>March 31,<br>2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  **Borrowings in Korean won** | Borrowings from the Bank of Korea | The Bank of Korea | 1.00 | W | 6864407 | W | 6958623 |
|  | Borrowings from the government | SEMAS and others | 0.00~3.50 |  | 2449790 |  | 2402107 |
|  | Borrowings from banks | The Korea Development Bank and others | 2.20~11.25 |  | 1474632 |  | 1556717 |
|  | Borrowings from non-banking financial institutions | Korea Securities Finance Corporation and others | 0.91~6.50 |  | 2677989 |  | 2674329 |
|  | Other borrowings | The Korea Development Bank and others | 0.00~6.25 |  | 25486799 |  | 22050728 |
|  |  |  |  |  | 38953617 |  | 35642504 |
|  **Borrowings in foreign currencies** | Due to banks | Hana Bank and others |  |  | 17408 |  | 731 |
|  | Borrowings from banks | Citicorp International Ltd. and others | 0.00~8.95 |  | 15319040 |  | 14412057 |
|  | Borrowings from other financial institutions | The Export-Import Bank of Korea and others | 4.22~4.45 |  | 6205 |  | 5883 |
|  | Other borrowings | Standard Chartered Bank (Hong Kong) and others | 0.00~4.31 |  | 3240751 |  | 3009390 |
|  |  |  |  |  | 18583404 |  | 17428061 |
|  |  |  |  | W | 57537021 | W | 53070565 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**16. Debentures** 

16.1 Details of debentures as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Interest rate (%)**<br>**as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  **Debentures in Korean won** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured debentures | 3.45~5.86 | W | 140280 | W | 90410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subordinated fixed rate debentures | 2.02~4.90 |  | 5045150 |  | 5045150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed rate debentures | 1.33~7.20 |  | 55546867 |  | 55987465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Floating rate debentures | 2.75~5.90 |  | 2230000 |  | 2380000 |
|  |  |  | 62962297 |  | 63503025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value adjustments of fair value hedged debentures in Korean won |  |  | (148913) |  | (116915) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less: Discount on debentures in Korean won |  |  | (96120) |  | (79204) |
|  |  |  | 62717264 |  | 63306906 |
|  **Debentures in foreign currencies** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Floating rate debentures | 0.20~4.77 |  | 4063484 |  | 3636907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed rate debentures | 0.00~9.06 |  | 12816245 |  | 13179168 |
|  |  |  | 16879729 |  | 16816075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value adjustments of fair value hedged debentures in foreign currencies |  |  | (31021) |  | (23084) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less: Discount on debentures in foreign currencies |  |  | (46417) |  | (50627) |
|  |  |  | 16802291 |  | 16742364 |
|  |  | W | 79519555 | W | 80049270 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**17. Provisions** 

17.1 Details of provisions as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Provisions for credit losses of unused loan commitments | W | 269144 | W | 274488 |
|  Provisions for credit losses of acceptances and guarantees |  | 50338 |  | 49025 |
|  Provisions for credit losses of financial guarantee contracts |  | 7165 |  | 6024 |
|  Provisions for restoration costs |  | 173139 |  | 171649 |
|  Others |  | 854001 |  | 763204 |
|  | W | 1353787 | W | 1264390 |

---

17.2 Changes in provisions for credit losses of unused loan commitments, and acceptances and guarantees for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** |
|  | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **12-month<br>expected<br>credit<br>losses** | **12-month<br>expected<br>credit<br>losses** | **Lifetime expected<br>credit losses** | **Lifetime expected<br>credit losses** | **Lifetime expected<br>credit losses** | **Lifetime expected<br>credit losses** |
|  | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Non-**<br>**impaired** | **Non-**<br>**impaired** | **Impaired** | **Impaired** | **12-month<br>expected<br>credit<br>losses** | **12-month<br>expected<br>credit<br>losses** | **Non-**<br>**impaired** | **Non-**<br>**impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 188003 | W | 84223 | W | 2262 | W | 32071 | W | 5336 | W | 11618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  | 20433 |  | (20335) |  | (98) |  | 94 |  | (94) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  | (4214) |  | 4247 |  | (33) |  | (13) |  | 13 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Impairment |  | (45) |  | (423) |  | 468 |  | (4) |  | (68) |  | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision (reversal) for credit losses |  | (11385) |  | 5019 |  | (585) |  | 276 |  | 81 |  | (687) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others (exchange differences, etc.) |  | 1335 |  | 272 |  |  |  | 1234 |  | 121 |  | 288 |
|  Ending | W | 194127 | W | 73003 | W | 2014 | W | 33658 | W | 5389 | W | 11291 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

17.2 Changes in provisions for credit losses of unused loan commitments, and acceptances and guarantees for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of**<br>**unused loan commitments** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** | **Provisions for credit losses of<br>acceptances and guarantees** |
|  | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **12-month<br>expected<br>credit<br>losses** | **12-month<br>expected<br>credit<br>losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** | **Lifetime expected**<br>**credit losses** |
|  | **12-month<br>expected<br>credit losses** | **12-month<br>expected<br>credit losses** | **Non-**<br>**impaired** | **Non-**<br>**impaired** | **Impaired** | **Impaired** | **12-month<br>expected<br>credit<br>losses** | **12-month<br>expected<br>credit<br>losses** | **Non-**<br>**impaired** | **Non-**<br>**impaired** | **Impaired** | **Impaired** |
|  Beginning | W | 216995 | W | 78975 | W | 1885 | W | 39465 | W | 2487 | W | 14145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer between stages: |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to 12-month expected credit losses |  | 13733 |  | (13695) |  | (38) |  | 12 |  | (12) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to lifetime expected credit losses |  | (7295) |  | 9126 |  | (1831) |  | (238) |  | 273 |  | (35) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Impairment |  | (1088) |  | (2290) |  | 3378 |  | (1) |  | (28) |  | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision (reversal) for credit losses |  | (3465) |  | 5172 |  | (1545) |  | (1891) |  | 356 |  | (4864) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others (exchange differences, etc.) |  | (85) |  | (11) |  | (7) |  | 301 |  |  |  | (5) |
|  Ending | W | 218795 | W | 77277 | W | 1842 | W | 37648 | W | 3076 | W | 9270 |

---

17.3 Changes in provisions for credit losses of financial guarantee contracts for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Beginning | W | 6024 | W | 7378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision |  | 1125 |  | 412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 16 |  |  |
|  Ending | W | 7165 | W | 7790 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

17.4 Changes in provisions for restoration costs for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Beginning | W | 171649 | W | 180590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision |  | 1758 |  | 2853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal |  | (269) |  | (487) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Used |  | (1240) |  | (3217) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unwinding of discount |  | 1216 |  | 1250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Effect of changes in discount rate |  | 25 |  | (17) |
|  Ending | W | 173139 | W | 180972 |

---

Provisions for restoration costs are the present value of estimated costs to be incurred for the restoration of the leased properties. The expenditure of the restoration cost will be incurred at the end of each lease contract, and the lease period is used to reasonably estimate the time of expenditure. Also, the average restoration expense based on actual three-year historical data and three-year historical average inflation rate are used to estimate the present value of estimated costs.

17.5 Changes in other provisions for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Membership<br>rewards<br>program** | **Membership<br>rewards<br>program** | **Dormant<br>accounts** | **Dormant<br>accounts** | **Litigations** | **Litigations** | **Others \*** | **Others \*** | **Total** | **Total** |
|  Beginning \* | W | 91 | W | 5734 | W | 142090 | W | 615289 | W | 763204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase |  | 21 |  |  |  | 6187 |  | 120758 |  | 126966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease |  | (15) |  | (2366) |  | (1322) |  | (33004) |  | (36707) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  |  |  |  | 538 |  |  |  | 538 |
|  Ending \* | W | 97 | W | 3368 | W | 147493 | W | 703043 | W | 854001 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

17.5 Changes in other provisions for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Membership<br>rewards<br>program** | **Membership<br>rewards<br>program** | **Dormant<br>accounts** | **Dormant<br>accounts** | **Litigations** | **Litigations** | **Others** | **Others** | **Total** | **Total** |
|  Beginning | W | 73 | W | 3153 | W | 156214 | W | 226272 | W | 385712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase |  | 32 |  | 141 |  | 5259 |  | 8890 |  | 14322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease |  | (19) |  | (540) |  | (21791) |  | (54558) |  | (76908) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  |  |  |  | (349) |  | (1) |  | (350) |
|  Ending | W | 86 | W | 2754 | W | 139333 | W | 180603 | W | 322776 |

---

<sup>1</sup> Includes other provisions of W2,722 million and W6,577 million related to the Livelihood finance support program as of March 31, 2026 and December 31, 2025, respectively

<sup>2</sup> Includes other provisions of W25,698 million and W28,396 million related to the voluntary compensation for the performance of the Hang Seng China Enterprise Index as of March 31, 2026 and December 31, 2025, respectively.

<sup>3</sup> Includes other provisions of W139,934 million and W144,246 million related to the obligation performance of the completion guarantee-type land trust business of KB Real Estate Trust Co., Ltd. as of March 31, 2026 and December 31, 2025, respectively.

<sup>4</sup> Includes other provisions of W430,642 million and W333,002 million related to ELS and LTV penalties, among others, and such amounts may change depending on future developments and the outcome of related matters as of March 31, 2026 and December 31, 2025, respectively. 

**18. Net Defined Benefit Liabilities** 

18.1 Defined Benefit Plan

The Group operates defined benefit plans which have the following characteristics:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Group has the obligation to pay the agreed benefits to all its current and former employees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Group assumes actuarial risk (that benefits will cost more than expected) and investment risk.

The net defined benefit liabilities recognized in the consolidated statement of financial position are calculated by the independent actuary in accordance with actuarial valuation method. The defined benefit obligation is calculated using the projected unit credit method. Assumptions based on market data and historical data such as discount rate, future salary increase rate, mortality, and consumer price index are used which are updated annually.

Actuarial assumptions may differ from actual results, due to changes in the market conditions, economic trends, and mortality trends which may affect net defined benefit liabilities and future payments. Actuarial gains and losses arising from changes in actuarial assumptions are recognized in the period incurred through other comprehensive income.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

18.2 Details of net defined benefit liabilities as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Present value of defined benefit obligation | W | 2495055 | W | 2558934 |
|  Fair value of plan assets |  | (2780825) |  | (2812212) |
|  Net defined benefit liabilities \* | W | (285770) | W | (253278) |

---

\* As of March 31, 2026, the net defined benefit asset of W285,770 million is the amount obtained by subtracting the net defined benefit liability of W85,381 million from the net defined benefit asset of W371,151 million. Similarly, as of December 31, 2025, the net defined benefit asset of W253,278 million is the amount obtained by subtracting the net defined benefit liability of W100,088 million from the net defined benefit asset of W353,366 million. 

18.3 Details of post-employment benefits recognized in profit or loss for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Current service cost | W | 55789 | W | 52730 |
|  Past service cost |  |  |  | 187 |
|  Net interest expense on net defined benefit liabilities |  | (3034) |  | (1793) |
|  Post-employment benefits \* | W | 52755 | W | 51124 |

---

\* Includes post-employment benefits amounting to W 5,251 million recognized as insurance service expenses, W 907 million recognized as other operating expenses and W 21 million recognized as advanced payments for the three-month period ended March 31, 2026 and W 6,273 million recognized as insurance service expenses, W 922 million recognized as other operating expenses and W 14 million recognized as advanced payments for the three-month period ended March 31, 2025. 

**19. Equity** 

19.1 Share Capital

19.1.1 Details of share capital as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won and in number of shares)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Type of share |  | Ordinary share |  | Ordinary share |
|  Number of authorized shares |  | 1000000000 |  | 1000000000 |
|  Par value per share *(In Korean won)* | W | 5000 | W | 5000 |
|  Number of issued shares |  | 372850455 |  | 381462103 |
|  Share capital \* | W | 2090558 | W | 2090558 |

---

\* Due to the retirement of shares deducted through retained earnings, it is different from the total par value of the shares issued. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

19.1.2 Changes in outstanding shares for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **2026** | **2025** |
|  Beginning | 358587722 | 373600719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease | (3200000) | (5695509) |
|  Ending | 355387722 | 367905210 |

---

19.2 Hybrid Securities

Details of hybrid securities classified as equity as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <br> **Hybrid**<br> **securities** | **Issuance date** | **Maturity** | **Interest rate (%)**<br>**as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Series 1-2 | May. 2, 2019 | Perpetual bond | 3.44 | W | 49896 | W | 49896 |
|  Series 2-2 | May. 8, 2020 | Perpetual bond | 3.43 |  | 74812 |  | 74812 |
|  Series 3-2 | Jul. 14, 2020 | Perpetual bond | 3.38 |  | 29922 |  | 29922 |
|  Series 4-2 | Oct. 20, 2020 | Perpetual bond | 3.28 |  | 64855 |  | 64855 |
|  Series 5-1\* | Feb. 19, 2021 | Perpetual bond | 2.67 |  |  |  | 419071 |
|  Series 5-2 | Feb. 19, 2021 | Perpetual bond | 2.87 |  | 59862 |  | 59862 |
|  Series 5-3 | Feb. 19, 2021 | Perpetual bond | 3.28 |  | 119727 |  | 119727 |
|  Series 6-1 | May. 28, 2021 | Perpetual bond | 3.20 |  | 165563 |  | 165563 |
|  Series 6-2 | May. 28, 2021 | Perpetual bond | 3.60 |  | 109708 |  | 109708 |
|  Series 7-1 | Oct. 8, 2021 | Perpetual bond | 3.57 |  | 208468 |  | 208468 |
|  Series 7-2 | Oct. 8, 2021 | Perpetual bond | 3.80 |  | 59834 |  | 59834 |
|  Series 8-1 | Feb. 16, 2022 | Perpetual bond | 4.00 |  | 442970 |  | 442970 |
|  Series 8-2 | Feb. 16, 2022 | Perpetual bond | 4.30 |  | 155626 |  | 155626 |
|  Series 9-1 | May. 12, 2022 | Perpetual bond | 4.68 |  | 478829 |  | 478829 |
|  Series 9-2 | May. 12, 2022 | Perpetual bond | 4.97 |  | 19906 |  | 19906 |
|  Series 10-1 | Aug. 26, 2022 | Perpetual bond | 4.90 |  | 407936 |  | 407936 |
|  Series 10-2 | Aug. 26, 2022 | Perpetual bond | 5.15 |  | 70819 |  | 70819 |
|  Series 10-3 | Aug. 26, 2022 | Perpetual bond | 5.30 |  | 19944 |  | 19944 |
|  Series 11-1 | Feb. 3, 2023 | Perpetual bond | 4.90 |  | 548681 |  | 548681 |
|  Series 11-2 | Feb. 3, 2023 | Perpetual bond | 5.03 |  | 49871 |  | 49871 |
|  Series 12 | Feb. 28, 2024 | Perpetual bond | 4.39 |  | 399060 |  | 399060 |
|  Series 13 | Jan. 22, 2025 | Perpetual bond | 4.00 |  | 404028 |  | 404028 |
|  |  |  |  | W | 3940317 | W | 4359388 |

---

\* The Parent Company early redeemed in full its 5-1 Additional Tier 1 capital securities amounting to W 420,000 million on Feb 19, 2026, upon the exercise of the call option. 

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

19.2 Hybrid Securities (cont'd)

The above hybrid securities are early redeemable by the Group after 5 or 7 or 10 years from the issuance date. On the other hand, hybrid securities of W1,065,613 million issued by Kookmin Bank, hybrid securities of W232,672 million issued by KB Securities Co., Ltd., hybrid securities of W49,800 million issued by KB Life Insurance Co., Ltd., hybrid securities of W 249,150 million issued by KB Kookmin Card Co., Ltd. and hybrid securities of W19,993 million issued by KB Real Estate Trust Co., Ltd. are recognized as non-controlling interests and are early redeemable after 5 years from the issuance date and on each interest payment date thereafter.

19.3 Capital Surplus

Details of capital surplus as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,<br>2026** | **March 31,<br>2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Paid-in capital in excess of par value<sup>1</sup> | W | 5690275 | W | 13190274 |
|  Losses on sales of treasury shares |  | (477358) |  | (477358) |
|  Other capital surplus |  | 3889784 |  | 3920602 |
|  | W | 9102701 | W | 16633518 |

---

<sup>1</sup> During the three-month period ended March 31, 2026,<sup></sup>W7,500,000 million was transferred from capital surplus to retained earnings.

19.4 Accumulated Other Comprehensive Income (Loss)

Details of accumulated other comprehensive income (loss) as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Remeasurements of net defined benefit liabilities | W | (228217) | W | (218626) |
|  Currency translation differences |  | 1023818 |  | 761727 |
|  Gains (losses) on financial instruments at fair value through other comprehensive income |  | (5698367) |  | (3396899) |
|  Share of other comprehensive loss of associates and joint ventures |  | 155 |  | (1135) |
|  Gains (losses) on cash flow hedging instruments |  | (394737) |  | (157512) |
|  Losses on hedging instruments of net investments in foreign operations |  | (358912) |  | (276478) |
|  Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  | (21815) |  | (20536) |
|  Finance gains or losses on insurance contract assets (liabilities) |  | 5181511 |  | 2842003 |
|  | W | (496564) | W | (467456) |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

19.5 Retained Earnings

19.5.1 Details of retained earnings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Legal reserves <sup>1</sup> | W | 1802633 | W | 1436870 |
|  Voluntary reserves |  | 982000 |  | 982000 |
|  Unappropriated retained earnings <sup>2</sup> |  | 43610015 |  | 35914871 |
|  | W | 46394648 | W | 38333741 |

---

<sup>1</sup> With respect to the allocation of net profit earned in a fiscal term, the Parent Company must set aside in its legal reserve an amount equal to at least 10% of its profit after tax as reported in the financial statements, each time it pays dividends on its net profits earned until its legal reserve reaches the aggregate amount of its paid-in capital in accordance with Article 53 of the Financial Holding Company Act. This reserve is not available for the payment of cash dividends, but may be transferred to share capital, or used to reduce accumulated deficit. 

<sup>2</sup> The regulatory reserve for credit losses the Group appropriated in retained earnings is W 4,500,746 million and W 4,190,070 million as of March 31, 2026 and December 31, 2025, respectively.

19.5.2 Regulatory reserve for credit losses

Measurement and disclosure of regulatory reserve for credit losses are required in accordance with Articles 26 through 28 of Regulations on Supervision of Financial Holding Companies.

19.5.2.1 Details of regulatory reserve for credit losses as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,<br>2026** | **March 31,<br>2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Regulatory reserve for credit losses attributable to: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholders of the Parent Company | W | 4500746 | W | 4190070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-controlling interests |  | 46396 |  | 139144 |
|  | W | 4547142 | W | 4329214 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

19.5.2.2 Regulatory reserve for credit losses estimated to be appropriated and adjusted profit after provision of regulatory reserve for credit losses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won, except for earnings per share)* | **2026** | **2026** | **2025** | **2025** |
|  Provision (reversal) of regulatory reserve for credit losses | W | 310676 | W | (99692) |
|  Adjusted profit after provision of regulatory reserve for credit losses <sup>1,2</sup> |  | 1536917 |  | 1747329 |
|  Adjusted basic earnings per share after provision of regulatory reserve for credit losses <sup>1</sup> |  | 4296 |  | 4697 |
|  Adjusted diluted earnings per share after provision of regulatory reserve for credit losses <sup>1</sup> |  | 4259 |  | 4649 |

---

<sup>1</sup> Adjusted profit after provision of regulatory reserve for credit losses is not based on Korean IFRS. It is calculated by reflecting provision of regulatory reserve for credit losses before tax to the net profit attributable to shareholders of the Parent Company.

<sup>2</sup> After deducting dividends on hybrid securities

19.6 Treasury Shares

Changes in treasury shares for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won and in number of shares)* 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Beginning** | **Beginning** | **Acquisition** | **Acquisition** | **Disposal** | **Retirement** | **Retirement** | **Ending** | **Ending** |
|  Number of treasury shares |  | 22874381 |  | 3200000 |  |  | (8611648) |  | 17462733 |
|  Carrying amount | W | 1901538 | W | 497059 | W | W | (715882) | W | 1682715 |

---

*(In millions of Korean won and in number of shares)* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Beginning** | **Beginning** | **Acquisition** | **Acquisition** | **Disposal** | **Retirement** | **Ending** | **Ending** |
|  Number of treasury shares |  | 19927704 |  | 5695509 |  |  |  | 25623213 |
|  Carrying amount | W | 1236060 | W | 464114 | W | W | W | 1700174 |

---

On January 15, 2026, the Parent Company retired 3,047,395 treasury shares (W 300,000 million) acquired pursuant to the Board resolution dated April 24, 2025, and 5,564,253 treasury shares (W 660,000 million) acquired pursuant to the Board resolution dated July 24, 2025.

In addition, pursuant to the Board resolution dated February 5, 2026, the Parent Company completed the acquisition of 3,899,988 treasury shares (W 600,000 million), which are planned to be retired on May 15, 2026.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**20. Net Interest Income** 

Details of interest income, interest expense, and net interest income for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Interest income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions measured at fair value through profit or loss | W | 675 | W | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at fair value through profit or loss |  | 343273 |  | 347927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at fair value through profit or loss |  | 20871 |  | 13527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at fair value through other comprehensive income |  | 705809 |  | 704050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at fair value through other comprehensive income |  | 22498 |  | 16911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions measured at amortized cost |  | 91163 |  | 93580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities measured at amortized cost |  | 289970 |  | 281090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  | 5513308 |  | 5823805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance income |  | 11469 |  | 10090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 160693 |  | 163360 |
|  |  | 7159729 |  | 7454941 |
|  **Interest expense** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits |  | 2104038 |  | 2432250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 488491 |  | 569513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 663615 |  | 671526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance expense |  | 403063 |  | 382142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 165700 |  | 137345 |
|  |  | 3824907 |  | 4192776 |
|  **Net interest income** | W | 3334822 | W | 3262165 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**21. Net Fee and Commission Income** 

Details of fee and commission income, fee and commission expense, and net fee and commission income for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Fee and commission income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Banking activity fees | W | 50570 | W | 48014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lending activity fees |  | 19028 |  | 26959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit card and debit card related fees |  | 393225 |  | 397776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agent activity fees |  | 46003 |  | 59219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trust and other fiduciary fees |  | 169444 |  | 69271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fund management related fees |  | 53999 |  | 33045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances and guarantees fees |  | 19299 |  | 24769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency related fees |  | 133666 |  | 101015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities agency fees |  | 61913 |  | 33689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other business account commission on consignment |  | 10977 |  | 12330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commissions received on securities business |  | 432494 |  | 156229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease fees |  | 278336 |  | 272744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 141421 |  | 95173 |
|  |  | 1810375 |  | 1330233 |
|  **Fee and commission expense** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trading activity related fees \* |  | 27357 |  | 10909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lending activity fees |  | 11768 |  | 10445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit card and debit card related fees |  | 199533 |  | 195629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Outsourcing related fees |  | 28026 |  | 30160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency related fees |  | 29362 |  | 33821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 155000 |  | 115221 |
|  |  | 451046 |  | 396185 |
|  **Net fee and commission income** | W | 1359329 | W | 934048 |

---

\* Fees from financial instruments at fair value through profit or loss

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**22. Net Gains or Losses on Financial Instruments at Fair Value through Profit or Loss** 

22.1 Net Gains or Losses on Financial Instruments at Fair Value through Profit or Loss

Net gains or losses on financial instruments at fair value through profit or loss include dividend income, gains or losses arising from changes in fair value, and gains or losses arising from sales and redemptions. Details of net gains or losses on financial instruments at fair value through profit or loss for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Gains on financial instruments at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities | W | 1661544 | W | 1235175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 1711384 |  | 269844 |
|  |  | 3372928 |  | 1505019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest rate |  | 3289888 |  | 1581330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency |  | 6180747 |  | 2158046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock or stock index |  | 1876554 |  | 514227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit |  | 44073 |  | 28342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commodity |  | 251763 |  | 45484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 29409 |  | 54765 |
|  |  | 11672434 |  | 4382194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss |  | 130772 |  | 69682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial instruments |  | 6804 |  | 2420 |
|  |  | 15182938 |  | 5959315 |
|  **Losses on financial instruments at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debt securities |  | 1466950 |  | 399159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity securities |  | 413878 |  | 152800 |
|  |  | 1880828 |  | 551959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives held for trading: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest rate |  | 2654068 |  | 1846624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency |  | 6734762 |  | 2073002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock or stock index |  | 2717628 |  | 581893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit |  | 40367 |  | 27012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commodity |  | 276957 |  | 42104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 25752 |  | 14230 |
|  |  | 12449534 |  | 4584865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities at fair value through profit or loss |  | 414170 |  | 110378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial instruments |  | 5969 |  | 2478 |
|  |  | 14750501 |  | 5249680 |
|  **Net gains (losses) on financial instruments at fair value through profit or loss** | W | 432437 | W | 709635 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

22.2 Net Gains or Losses on Financial Instruments Designated at Fair Value through Profit or Loss

Net gains or losses on financial instruments designated at fair value through profit or loss include gains or losses arising from changes in fair value, and gains or losses arising from sales and redemptions. Details of net gains or losses on financial instruments designated at fair value through profit or loss for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Gains on financial instruments designated at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss | W | 127096 | W | 42288 |
|  |  | 127096 |  | 42288 |
|  **Losses on financial instruments designated at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities designated at fair value through profit or loss |  | 192689 |  | 205705 |
|  |  | 192689 |  | 205705 |
|  **Net gains (losses) on financial instruments designated at fair value through profit or loss** | W | (65593) | W | (163417) |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**23. Net Other Operating Income and Expenses** 

Details of other operating income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Other operating income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on financial instruments at fair value through other comprehensive income: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on redemption of securities at fair value through other comprehensive income | W | 48 | W | 201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on disposal of securities at fair value through other comprehensive income |  | 34436 |  | 122658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on sale of loans at fair value through other comprehensive income |  | 433 |  |  |
|  |  | 34917 |  | 122859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on financial instruments at amortized cost: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on sale of loans measured at amortized cost |  | 51780 |  | 53473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on redemption of securities measured at amortized cost |  | 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on disposal of securities measured at amortized cost |  | 6 |  | 278 |
|  |  | 51788 |  | 53751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on hedge accounting |  | 253215 |  | 89948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on foreign exchange transactions |  | 2621999 |  | 1316902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividend income |  | 68142 |  | 51500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 187160 |  | 193270 |
|  |  | 3217221 |  | 1828230 |
|  **Other operating expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on financial instruments at fair value through other comprehensive income: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on redemption of securities at fair value through other comprehensive income |  | 60 |  | 195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on disposal of securities at fair value through other comprehensive income |  | 4122 |  | 24978 |
|  |  | 4182 |  | 25173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on financial instruments at amortized cost: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on sale of loans measured at amortized cost |  | 29140 |  | 43393 |
|  |  | 29140 |  | 43393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on hedge accounting |  | 270292 |  | 114842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on foreign exchange transactions |  | 2157332 |  | 1311206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposit insurance fee |  | 163011 |  | 152858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit guarantee fund fee |  | 107563 |  | 96964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation expenses of operating lease assets |  | 164280 |  | 167329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 386002 |  | 402889 |
|  |  | 3281802 |  | 2314654 |
|  **Net other operating expenses** | W | (64581) | W | (486424) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**24. General and Administrative Expenses** 

24.1 Details of general and administrative expenses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Expenses related to employee** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits - salaries | W | 786416 | W | 696571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits - others |  | 206428 |  | 223333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Post-employment benefits - defined benefit plans |  | 46576 |  | 43915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Post-employment benefits - defined contribution plans |  | 8947 |  | 9372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination benefits |  | 1487 |  | 2035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share-based payments |  | 33754 |  | (5909) |
|  |  | 1083608 |  | 969317 |
|  **Depreciation and amortization** |  | 215663 |  | 223912 |
|  **Other general and administrative expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rental expense |  | 24676 |  | 25394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax and dues |  | 129641 |  | 86453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication |  | 8240 |  | 10742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electricity and utilities |  | 12226 |  | 12968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Publication |  | 1304 |  | 1376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repairs and maintenance |  | 10607 |  | 9151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vehicle |  | 4529 |  | 4576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travel |  | 2903 |  | 3234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Training |  | 10363 |  | 9752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service fees |  | 45539 |  | 53317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electronic data processing expenses |  | 107286 |  | 96551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advertising |  | 41558 |  | 34184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 66771 |  | 64638 |
|  |  | 465643 |  | 412336 |
|  | W | 1764914 | W | 1605565 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

24.2 Share-based Payments

24.2.1 Stock grants

The Group changed the scheme of share-based payments awarded to executives and employees from stock options to stock grants in November 2007. The stock grants award program is an incentive plan that sets, on grant date, the maximum number of shares that can be awarded. Actual shares to be granted is determined in accordance with achievement of pre-set performance targets over the vesting period.

24.2.1.1 Details of stock grants linked to long-term performance as of March 31, 2026, are as follows:

---

| | | | |
|:---|:---|:---|:---|
| *(In number of shares)* | **Grant date** | **Number of<br>granted shares <sup>1</sup>** | **Vesting conditions <sup>2</sup>**  |
|  **KB Financial Group Inc.** | **KB Financial Group Inc.** | **KB Financial Group Inc.** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 38 | Nov. 21, 2023 | 55547 | Services fulfillment, market performance <sup>3</sup> 35%, and non-market performance <sup>5</sup> 65% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 41 | Apr. 6, 2024 | 6450 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 43 | Jan. 1, 2025 | 28130 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 44 | Apr. 7, 2025 | 5540 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 45 | Jan. 1, 2026 | 29974 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2022 |  | 241 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2023 |  | 31152 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2024 |  | 17031 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2025 |  | 25653 | Satisfied |
|  |  | 199718 |  |
|  **Kookmin Bank** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 98 | Apr. 22, 2024 | 2962 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 99 | Jul. 5, 2024 | 4929 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 101 | Aug. 24, 2024 | 4453 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 102 | Jan. 1, 2025 | 126771 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100%<br> Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>6</sup> 70% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 103 | Jan. 9, 2025 | 4633 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 104 | Jan. 1, 2026 | 107332 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2022 |  | 734 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2023 |  | 47112 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2024 |  | 78368 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp; Deferred grant in 2025 |  | 109950 | Satisfied |
|  |  | 487244 |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

24.2.1.1 Details of stock grants linked to long-term performance as of March 31, 2026, are as follows: (cont'd)

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **Grant date** | **Number of<br>granted shares <sup>1</sup>** |
|  **Other subsidiaries** | **Other subsidiaries** | **Other subsidiaries** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2014 |  | 644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2015 |  | 544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2017 |  | 2021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2018 |  | 9368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2019 |  | 9816 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2020 |  | 18653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2021 |  | 10978 Services fulfillment, market performance <sup>3</sup> 0~50%, and non-market performance <sup>4</sup> 50~100% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2022 |  | 25845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 |  | 66158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 |  | 143351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 |  | 368885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 |  | 78601 |
|  |  | 734864 |
|  |  | 1421826 |

---

<sup>1</sup> Granted shares represent the total number of shares initially granted to executives and employees who have residual shares as of March 31, 2026 (Deferred grants are residual shares vested as of March 31, 2026). 

<sup>2</sup> Executives and employees were given the right of choice about the timing of the deferred payment (after the date of retirement), payment ratio, and payment period. Accordingly, a certain percentage of the granted shares is deferred for up to five years after the date of retirement after the deferred grant was confirmed. 

<sup>3</sup> Relative TSR (Total Shareholder Return): [(Fair value at the end of the contract—Fair value at the beginning of the contract) + (Total amount of dividend per share paid during the contract period)] / Fair value at the beginning of the contract 

<sup>4</sup> Performance results of company and employee

<sup>5</sup> EPS (Earnings Per Share), Asset Quality, HCROI (Human Capital Return On Investment), Non-bank segment profit

<sup>6</sup> EPS, Asset Quality

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

24.2.1.2 Details of stock grants linked to short-term performance as of March 31, 2026, are as follows:

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **Estimated number of**<br>**vested shares \*** | **Vesting<br>conditions** |
|  **KB Financial Group Inc.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2016 | 1040 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 | 13997 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 | 16104 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 | 15005 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 | 3606 | Proportional to service period |
|  **Kookmin Bank** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2022 | 14315 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 | 78274 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 | 73416 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 | 49122 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 | 11618 | Proportional to service period |
|  **Other subsidiaries** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2015 | 645 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2016 | 3418 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2017 | 15684 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2018 | 42234 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2019 | 28401 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2020 | 31693 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2021 | 54429 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2022 | 78762 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 | 247301 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 | 310227 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 | 271133 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 | 12607 | Proportional to service period |
|  | 1373031 |  |

---

\* Executives and employees were given the right of choice about the timing of the deferred payment (after the date of retirement), payment ratio, and payment period. Accordingly, a certain percentage of the granted shares is deferred for up to five years after the date of retirement after the deferred grant was confirmed. 

24.2.1.3 The accrued expenses for share-based payments related to stock grants are W 311,804 million and W 395,692 million as of March 31, 2026 and December 31, 2025, respectively, and compensation costs amounting to W 42,247 million were recognized for the three-month periods ended March 31, 2026, while compensation costs amounting to W 5,444 million were reversed for the three-month periods ended March 31, 2025, respectively.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

24.2.2 Mileage stock

24.2.2.1 Details of mileage stock as of March 31, 2026, are as follows:

*(In number of shares)* 

---

| | | | |
|:---|:---|:---|:---|
| **Grant date** | **Number of**<br>**granted shares <sup>1</sup>** | **Expected exercise**<br> **period (years) <sup>2</sup>**  | **Remaining shares <sup>1</sup>** |
|  *Stock granted in 2021* |  |  |  |
|  Apr. 5, 2021 | 89 | 0.00~0.01 | 53 |
|  Jul. 1, 2021 | 54 | 0.00~0.25 | 18 |
|  Jul. 2, 2021 | 11 | 0.00~0.25 | 8 |
|  Jul. 27, 2021 | 70 | 0.00~0.32 | 21 |
|  Nov. 1, 2021 | 71 | 0.00~0.59 | 53 |
|  Nov. 16, 2021 | 53 | 0.00~0.63 | 3 |
|  Dec. 3, 2021 | 91 | 0.00~0.67 | 39 |
|  Dec. 6, 2021 | 87 | 0.00~0.68 | 25 |
|  Dec. 30, 2021 | 76 | 0.00~0.75 | 38 |
|  *Stock granted in 2022* |  |  |  |
|  Jan. 14, 2022 | 20909 | 0.00~0.79 | 8153 |
|  Apr. 4, 2022 | 65 | 0.00~1.01 | 33 |
|  Apr. 19, 2022 | 33 | 0.00~1.05 | 20 |
|  Aug. 3, 2022 | 62 | 0.00~1.34 | 6 |
|  Aug. 9, 2022 | 80 | 0.00~1.36 | 17 |
|  Oct. 19, 2022 | 55 | 0.00~1.55 | 5 |
|  Nov. 1, 2022 | 177 | 0.00~1.59 | 51 |
|  Dec. 1, 2022 | 49 | 0.00~1.67 | 48 |
|  Dec. 6, 2022 | 88 | 0.00~1.68 | 8 |
|  Dec. 12, 2022 | 114 | 0.00~1.70 | 29 |
|  Dec. 15, 2022 | 42 | 0.00~1.71 | 23 |
|  Dec. 30, 2022 | 114 | 0.00~1.75 | 25 |
|  *Stock granted in 2023* |  |  |  |
|  Jan. 9, 2023 | 23071 | 0.00~1.78 | 7115 |
|  Jan. 14, 2023 | 742 | 0.00~1.79 | 299 |
|  Mar. 27, 2023 | 58 | 0.00~1.99 | 37 |
|  Mar. 31, 2023 | 97 | 0.00~2.00 | 39 |
|  May. 4, 2023 | 105 | 0.00~2.09 | 22 |
|  Jul. 3, 2023 | 63 | 0.00~2.25 | 21 |
|  Jul. 26, 2023 | 38 | 0.00~2.32 | 22 |
|  Jul. 31, 2023 | 220 | 0.00~2.33 | 62 |
|  Oct. 20, 2023 | 80 | 0.00~2.55 | 38 |
|  Nov. 1, 2023 | 78 | 0.00~2.59 | 39 |
|  Dec. 1, 2023 | 49 | 0.00~2.67 | 36 |
|  Dec. 13, 2023 | 115 | 0.00~2.70 | 1 |
|  Dec. 14, 2023 | 57 | 0.00~2.70 | 40 |
|  Dec. 27, 2023 | 19 | 0.00~2.74 | 14 |
|  Dec. 28, 2023 | 162 | 0.00~2.74 | 71 |
|  Dec. 29, 2023 | 95 | 0.00~2.75 | 38 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

24.2.2.1 Details of mileage stock as of March 31, 2026, are as follows: (cont'd)

*(In number of shares)* 

---

| | | | |
|:---|:---|:---|:---|
| **Grant date** | **Number of**<br>**granted shares <sup>1</sup>** | **Expected exercise**<br> **period (years) <sup>2</sup>**  | **Remaining shares <sup>1</sup>** |
|  *Stock granted in 2024* |  |  |  |
|  Jan. 13, 2024 | 17523 | 0.00~2.79 | 9188 |
|  Jan. 31, 2024 | 297 | 0.00~2.84 | 215 |
|  Apr. 1, 2024 | 89 | 0.00~3.00 | 50 |
|  Jul. 1, 2024 | 38 | 0.00~3.25 | 25 |
|  Aug. 1, 2024 | 141 | 0.00~3.34 | 91 |
|  Sep. 2, 2024 | 14 | 0.00~3.42 | 8 |
|  Nov. 1, 2024 | 55 | 0.00~3.59 | 44 |
|  Dec. 4, 2024 | 26 | 0.00~3.68 | 21 |
|  Dec. 19, 2024 | 88 | 0.00~3.72 | 60 |
|  Dec. 30, 2024 | 73 | 0.00~3.75 | 72 |
|  *Stock granted in 2025* |  |  |  |
|  Jan. 11, 2025 | 11977 | 0.00~3.78 | 9109 |
|  Feb. 6, 2025 | 162 | 0.00~3.85 | 111 |
|  Apr. 1, 2025 | 38 | 0.00~4.00 | 25 |
|  May. 9, 2025 | 13 | 0.00~4.11 | 11 |
|  Jul. 1, 2025 | 18 | 0.00~4.25 | 18 |
|  Nov. 3, 2025 | 26 | 0.00~4.59 | 26 |
|  Dec. 5, 2025 | 21 | 0.00~4.68 | 21 |
|  Dec. 26, 2025 | 68 | 0.00~4.74 | 68 |
|  Dec. 29, 2025 | 16 | 0.00~4.75 | 16 |
|  *Stock granted in 2026* |  |  |  |
|  Jan. 7, 2026 | 8379 | 0.00~4.77 | 8011 |
|  Jan. 8, 2026 | 120 | 0.00~4.78 | 119 |
|  Mar. 18, 2026 | 10 | 0.00~4.96 | 10 |
|  | 86631 |  | 43889 |

---

<sup>1</sup> Mileage stock is exercisable for four years after one year from the grant date at the closing price of the end of the previous month. However, mileage stock can be exercised at the closing price of the end of the previous month on the date of occurrence of retirement or transfer despite a one-year grace period. 

<sup>2</sup> Assessed based on the stock price as of March 31, 2026. These shares are vested immediately at grant date.

24.2.2.2 The accrued expenses for share-based payments related to mileage stock are W 6,288 million and W 6,236 million as of March 31, 2026 and December 31, 2025, respectively. The compensation costs amounting to W 1,881 million and W 821 million were recognized as expenses for the three-month periods ended March 31, 2026 and 2025, respectively.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**25. Income Tax Expense** 

25.1 Details of income tax expense for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Income tax payable** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax expense | W | 482767 | W | 338727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjustments of prior years' income tax recognized in current tax |  | 4302 |  | (42998) |
|  |  | 487069 |  | 295729 |
|  **Changes in deferred income tax assets and liabilities** |  | 164982 |  | (13004) |
|  **Income tax recognized directly in equity and others** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  | 3757 |  | 2462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency translation differences |  | (19168) |  | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net gains or losses on financial assets at fair value through other comprehensive income |  | 827607 |  | (339351) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share of other comprehensive income or loss of associates and joint ventures |  | (490) |  | (44) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains or losses on cash flow hedging instruments |  | 84390 |  | (11261) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains or losses on hedging instruments of net investments in foreign operations |  | 31268 |  | (1266) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  | 491 |  | 2096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insurance finance income |  | (887399) |  | 670978 |
|  **Others** |  | 22164 |  | 544 |
|  **Income tax expense** | W | 714671 | W | 607484 |

---

**26. Dividends** 

The annual dividends to the shareholders of the Parent Company for the year ended December 31, 2025 amounting to W 573,768 million (W 1,605 per share) were declared at the annual general shareholders' meeting on March 26, 2026. The financial statements as of March 31, 2026 reflect this dividend payable. Meanwhile, the annual dividends to the shareholders of the Parent Company for the year ended December 31, 2024 and quarterly dividend paid in 2025 were W 298,285 million (W 804 per share) and W 1,004,006 million, respectively.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**27. Accumulated Other Comprehensive Income (Loss)** 

Changes in accumulated other comprehensive income (loss) for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Beginning** | **Beginning** | **Changes except**<br>**for reclassification** | **Changes except**<br>**for reclassification** | **Reclassification<br>to profit or loss** | **Reclassification<br>to profit or loss** | **Transfer**<br>**within equity** | **Transfer**<br>**within equity** | **Tax effect** | **Tax effect** | **Ending** | **Ending** |
|  Remeasurements of net defined benefit liabilities | W | (218626) | W | (13348) | W |  | W |  | W | 3757 | W | (228217) |
|  Currency translation differences |  | 761727 |  | 281259 |  |  |  |  |  | (19168) |  | 1023818 |
|  Losses on financial instruments at fair value through other comprehensive income |  | (3396899) |  | (3109646) |  | (18439) |  | (990) |  | 827607 |  | (5698367) |
|  Share of other comprehensive loss of associates and joint ventures |  | (1135) |  | 1780 |  |  |  |  |  | (490) |  | 155 |
|  Gains (losses) on cash flow hedging instruments |  | (157512) |  | (164535) |  | (157080) |  |  |  | 84390 |  | (394737) |
|  Losses on hedging instruments of net investments in foreign operations |  | (276478) |  | (113702) |  |  |  |  |  | 31268 |  | (358912) |
|  Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  | (20536) |  | (1770) |  |  |  |  |  | 491 |  | (21815) |
|  Finance gains or losses on insurance contract assets (liabilities) |  | 2842003 |  | 3226907 |  |  |  |  |  | (887399) |  | 5181511 |
|  | W | (467456) | W | 106945 | W | (175519) | W | (990) | W | 40456 | W | (496564) |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**27. Accumulated Other Comprehensive Income (Loss) (cont'd)** 

Changes in accumulated other comprehensive income (loss) for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Beginning** | **Beginning** | **Changes except<br>for reclassification** | **Changes except<br>for reclassification** | **Reclassification<br>to profit or loss** | **Reclassification<br>to profit or loss** | **Transfer**<br>**within equity** | **Transfer**<br>**within equity** | **Tax effect** | **Tax effect** | **Ending** | **Ending** |
|  Remeasurements of net defined benefit liabilities | W | (247241) | W | (9468) | W |  | W |  | W | 2462 | W | (254247) |
|  Currency translation differences |  | 809089 |  | (7390) |  |  |  |  |  | 601 |  | 802300 |
|  Losses on financial instruments at fair value through other comprehensive income |  | (1518990) |  | 1385053 |  | (90734) |  | 1598 |  | (339351) |  | (562424) |
|  Share of other comprehensive loss of associates and joint ventures |  | (3153) |  | 168 |  |  |  |  |  | (44) |  | (3029) |
|  Gains (losses) on cash flow hedging instruments |  | 108318 |  | 42112 |  | 672 |  |  |  | (11261) |  | 139841 |
|  Losses on hedging instruments of net investments in foreign operations |  | (316109) |  | 4790 |  |  |  |  |  | (1266) |  | (312585) |
|  Fair value changes of financial liabilities designated at fair value through profit or loss due to own credit risk |  | (17314) |  | (7941) |  |  |  |  |  | 2096 |  | (23159) |
|  Finance gains or losses on insurance contract assets (liabilities) |  | 1682322 |  | (2541583) |  |  |  |  |  | 670978 |  | (188283) |
|  | W | 496922 | W | (1134259) | W | (90062) | W | 1598 | W | 324215 | W | (401586) |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**28. Earnings per Share** 

28.1 Basic Earnings per Share

Basic earnings per share is calculated by dividing profit attributable to ordinary equity holders of the Parent Company by the weighted average number of ordinary shares outstanding.

28.1.1 Weighted average number of ordinary shares outstanding

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **2026** | **2025** |
|  | **Number of**<br>**shares** | **Number of**<br>**shares** |
|  Number of issued ordinary shares | 372850455 | 393528423 |
|  Number of treasury shares \* | (17462733) | (25623213) |
|  Average number of ordinary shares outstanding | 357728833 | 372004102 |

---

\* Treasury stock retired during the three-month period ended March 31, 2026 was deducted from Jan 15, 2026.

28.1.2 Basic earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In Korean won and in number of shares)* | **2026** | **2026** | **2025** | **2025** |
|  Profit attributable to shareholders of the Parent Company | W | 1892401298903 | W | 1697271404308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deduction: Dividends on hybrid securities |  | (44808075000) |  | (49634075000) |
|  Profit attributable to ordinary equity holders of the Parent Company (A) |  | 1847593223903 |  | 1647637329308 |
|  Weighted average number of ordinary shares outstanding (B) |  | 357728833 |  | 372004102 |
|  Basic earnings per share (A/B) | W | 5165 | W | 4429 |

---

28.2 Diluted Earnings per Share

Diluted earnings per share is calculated through increasing the weighted average number of ordinary shares outstanding by the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares. The Group has dilutive potential ordinary shares such as stock grants.

A calculation is done to determine the number of shares that could have been acquired at fair value (determined as the average market share price during the period) based on the monetary value of stock grants. The number of shares calculated above is compared with the number of shares that would have been issued assuming the settlement of stock grants.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

28.2.1 Adjusted profit for diluted earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Profit attributable to ordinary equity holders of the Parent Company \* | W | 1847593223903 | W | 1647637329308 |
|  Adjustment: |  |  |  |  |
|  Adjusted profit for diluted earnings per share | W | 1847593223903 | W | 1647637329308 |

---

\* The amount is after deducting dividends on hybrid securities. 

28.2.2 Weighted average number of ordinary shares outstanding for diluted earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In number of shares)* | **2026** | **2026** | **2025** | **2025** |
|  Weighted average number of ordinary shares outstanding | W | 357728833 | W | 372004102 |
|  Adjustment: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock grants |  | 3096066 |  | 3835255 |
|  Adjusted weighted average number of ordinary shares outstanding for diluted earnings per share | W | 360824899 | W | 375839357 |

---

28.2.3 Diluted earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In Korean won and in number of shares)* | **2026** | **2026** | **2025** | **2025** |
|  Adjusted profit for diluted earnings per share | W | 1847593223903 | W | 1647637329308 |
|  Adjusted weighted average number of ordinary shares outstanding for diluted earnings per share |  | 360824899 |  | 375839357 |
|  Diluted earnings per share | W | 5120 | W | 4384 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**29. Insurance Contracts** 

29.1 Insurance Contracts Assets and Liabilities

29.1.1 Details of insurance contract assets and insurance contract liabilities as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** |
|  Insurance contract assets | W |  | W |  | W |  | W |  | W |  | W | 354007 | W | 10852 | W |  | W |  |
|  Insurance contract liabilities |  | 14132000 |  | 491622 |  | 7828566 |  | 7297250 |  |  |  | 20763529 |  | 1600404 |  | 2188045 |  | 127119 |
|  **Net insurance contract liabilities** | W | 14132000 | W | 491622 | W | 7828566 | W | 7297250 | W |  | W | 20409522 | W | 1589552 | W | 2188045 | W | 127119 |
|  Reinsurance contract assets | W | 798 | W | 1959 | W |  | W |  | W | 7003 | W | 468965 | W | 875473 | W | 2356 | W | 87303 |
|  Reinsurance contract liabilities |  | 14629 |  | 15636 |  |  |  |  |  | 10 |  |  |  | 21858 |  |  |  |  |
|  **Net reinsurance contract assets (liabilities)** | W | (13831) | W | (13677) | W |  | W |  | W | 6993 | W | 468965 | W | 853615 | W | 2356 | W | 87303 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.1.1 Details of insurance contract assets and insurance contract liabilities as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** |
|  Insurance contract assets | W |  | W |  | W |  | W |  | W |  | W | 259907 | W | 11245 | W |  | W |  |
|  Insurance contract liabilities |  | 15003063 |  | 559250 |  | 7744119 |  | 7238057 |  |  |  | 22447953 |  | 1506831 |  | 2155573 |  | 135184 |
|  **Net insurance contract liabilities** | W | 15003063 | W | 559250 | W | 7744119 | W | 7238057 | W |  | W | 22188046 | W | 1495586 | W | 2155573 | W | 135184 |
|  Reinsurance contract assets | W | 643 | W | 1230 | W |  | W |  | W | 6799 | W | 451419 | W | 953663 | W | 5777 | W | 96323 |
|  Reinsurance contract liabilities |  | 18064 |  | 16030 |  |  |  |  |  |  |  | 41 |  | 25513 |  |  |  |  |
|  **Net reinsurance contract assets (liabilities)** | W | (17421) | W | (14800) | W |  | W |  | W | 6799 | W | 451378 | W | 928150 | W | 5777 | W | 96323 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.2 Details of insurance service results for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** | **Total** | **Total** |
|  **Insurance revenue:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Insurance contracts not applying the premium allocation approach: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Expected insurance claims and expenses | W | 66184 | W | 11858 | W | 15793 | W | 19611 | W | W | 1308968 | W |  | W |  | W |  | W | 1422414 |
|  Changes in risk adjustment due to release of risk |  | 4418 |  | 962 |  | 2667 |  | 2989 |  |  | 53721 |  |  |  |  |  |  |  | 64757 |
|  Changes in contractual service margin recognized in profit or loss for the services provided |  | 65833 |  | 6370 |  | 12632 |  | 36397 |  |  | 214306 |  |  |  |  |  |  |  | 335538 |
|  Experience adjustments on premium related to current and past services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Recovery of insurance acquisition cash flows |  | 9461 |  | 1697 |  | 9948 |  | 2762 |  |  | 77345 |  |  |  |  |  |  |  | 101213 |
|  Other insurance revenues |  | (221) |  | (105) |  | (90) |  | (132) |  |  |  |  |  |  |  |  |  |  | (548) |
|  | W | 145675 | W | 20782 | W | 40950 | W | 61627 | W | W | 1654340 | W |  | W |  | W |  | W | 1923374 |
|  Insurance revenue for insurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  |  | 362440 |  | 713583 |  | 10280 |  | 1086303 |
|  **Total insurance revenue** | W | 145675 | W | 20782 | W | 40950 | W | 61627 | W | W | 1654340 | W | 362440 | W | 713583 | W | 10280 | W | 3009677 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.2 Details of insurance service results for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** | **Total** | **Total** |
|  **Insurance service expenses:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incurred claims and expenses | W | (42329) | W | (17014) | W | (16983) | W | (17948) | W |  | W | (1386585) | W | (310393) | W | (649378) | W | (8109) | W | (2448739) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amortization of insurance acquisition cash flows |  | (9461) |  | (1697) |  | (9948) |  | (2762) |  |  |  | (94233) |  | (41030) |  | (79991) |  | (745) |  | (239867) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in fulfilment cash flows relating to incurred claims |  | (10951) |  | (5823) |  | (252) |  | (872) |  |  |  | 37513 |  | 58248 |  | (4156) |  |  |  | 73707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on onerous contracts and reversals |  | (1193) |  | (4699) |  | (4317) |  | 8207 |  |  |  | 33219 |  | 1205 |  |  |  |  |  | 32422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other insurance service expenses |  | (924) |  | 1946 |  | (1202) |  | (319) |  |  |  |  |  |  |  |  |  |  |  | (499) |
|  Insurance service expenses for insurance contracts not applying the premium allocation approach |  | (64858) |  | (27287) |  | (32702) |  | (13694) |  |  |  | (1410086) |  |  |  |  |  |  |  | (1548627) |
|  Insurance service expenses for insurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  |  |  | (291970) |  | (733525) |  | (8854) |  | (1034349) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total insurance service expenses** | W | (64858) | W | (27287) | W | (32702) | W | (13694) | W |  | W | (1410086) | W | (291970) | W | (733525) | W | (8854) | W | (2582976) |
|  **Reinsurance income:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recovery of incurred reinsurance claims and expenses |  | 195 |  | 595 |  |  |  |  |  | 1150 |  | 45304 |  | 79609 |  | 96 |  | 12783 |  | 139732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in fulfilment cash flows relating to incurred claims |  | 584 |  | 723 |  |  |  |  |  | 667 |  | (14184) |  | (1061) |  | (529) |  |  |  | (13800) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recognition and reversal of loss-recovery component |  | 78 |  | 85 |  |  |  |  |  | 25 |  | (3394) |  | (146) |  |  |  |  |  | (3352) |
|  Reinsurance income for reinsurance contracts not applying the premium allocation approach |  | 857 |  | 1403 |  |  |  |  |  | 1842 |  | 27340 |  |  |  |  |  |  |  | 31442 |
|  Reinsurance income for reinsurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  | 386 |  | 78402 |  | (433) |  | 12783 |  | 91138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total reinsurance income** | W | 857 | W | 1403 | W |  | W |  | W | 1842 | W | 27726 | W | 78402 | W | (433) | W | 12783 | W | 122580 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.2 Details of insurance service results for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** | **Total** | **Total** |
|  **Reinsurance expense:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Reinsurance contracts not applying the premium allocation approach: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Expected recovery of incurred claims and expenses | W | (511) | W | (517) | W |  | W |  | W | (736) | W | (47139) | W |  | W |  | W |  | W | (48903) |
|  Changes in risk adjustment due to release of risk |  | (62) |  | (40) |  |  |  |  |  | (38) |  | (1424) |  |  |  |  |  |  |  | (1564) |
|  Contractual service margin recognized in profit or loss for the services received |  | (552) |  | (156) |  |  |  |  |  | (398) |  | (2816) |  |  |  |  |  |  |  | (3922) |
|  Experience adjustments on reinsurance premiums for current and past service |  | 315 |  | (624) |  |  |  |  |  | (1483) |  | 10465 |  |  |  |  |  |  |  | 8673 |
|  Other reinsurance expenses |  | 15 |  | 8 |  |  |  |  |  | 4 |  |  |  |  |  |  |  |  |  | 27 |
|  | W | (795) | W | (1329) | W |  | W |  | W | (2651) | W | (40914) | W |  | W |  | W |  | W | (45689) |
|  Reinsurance expenses for reinsurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  | (325) |  | (141925) |  | (1209) |  | (16492) |  | (159951) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total reinsurance expense** |  | (795) |  | (1329) |  |  |  |  |  | (2651) |  | (41239) |  | (141925) |  | (1209) |  | (16492) |  | (205640) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total insurance service result** | W | 80879 | W | (6431) | W | 8248 | W | 47933 | W | (809) | W | 230741 | W | 6947 | W | (21584) | W | (2283) | W | 343641 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.2 Details of insurance service results for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** | **Total** | **Total** |
|  **Insurance revenue:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Insurance contracts not applying the premium allocation approach: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Expected insurance claims and expenses | W | 65409 | W | 8725 | W | 14922 | W | 22762 | W | W | 1223000 | W |  | W |  | W |  | W | 1334818 |
|  Changes in risk adjustment due to release of risk |  | 4459 |  | 677 |  | 2138 |  | 1792 |  |  | 49893 |  |  |  |  |  |  |  | 58959 |
|  Contractual service margin recognized in profit or loss for the services provided |  | 68197 |  | 4287 |  | 15265 |  | 23455 |  |  | 213214 |  |  |  |  |  |  |  | 324418 |
|  Recovery of insurance acquisition cash flows |  | 7821 |  | 986 |  | 7358 |  | 2786 |  |  | 62841 |  |  |  |  |  |  |  | 81792 |
|  Other insurance revenues |  | (114) |  | (91) |  | (76) |  | (162) |  |  |  |  |  |  |  |  |  |  | (443) |
|  | W | 145772 | W | 14584 | W | 39607 | W | 50633 | W | W | 1548948 | W |  | W |  | W |  | W | 1799544 |
|  Insurance revenue for insurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  |  | 329841 |  | 695054 |  | 10629 |  | 1035524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total insurance revenue** | W | 145772 | W | 14584 | W | 39607 | W | 50633 | W | W | 1548948 | W | 329841 | W | 695054 | W | 10629 | W | 2835068 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.2 Details of insurance service results for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** | **Total** | **Total** |
|  **Insurance service expenses:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incurred claims and expenses | W | (35572) | W | (7224) | W | (10896) | W | (18322) | W |  | W | (1248029) | W | (224055) | W | (597212) | W | (9837) | W | (2151147) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amortization of insurance acquisition cash flows |  | (7821) |  | (986) |  | (7358) |  | (2786) |  |  |  | (73334) |  | (38528) |  | (77154) |  | (940) |  | (208907) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in fulfilment cash flows relating to incurred claims |  | (12066) |  | (2555) |  | (222) |  | (3207) |  |  |  | 30007 |  | (116037) |  | (13093) |  |  |  | (117173) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on onerous contracts and reversals |  | (678) |  | (157) |  | (4883) |  | 554 |  |  |  | 13959 |  | 1543 |  |  |  |  |  | 10338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other insurance service expenses |  | (479) |  | 132 |  | 3925 |  | (888) |  |  |  |  |  |  |  |  |  |  |  | 2690 |
|  Insurance service expenses for insurance contracts not applying the premium allocation approach |  | (56616) |  | (10790) |  | (19434) |  | (24649) |  |  |  | (1277397) |  |  |  |  |  |  |  | (1388886) |
|  Insurance service expenses for insurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  |  |  | (377077) |  | (687459) |  | (10777) |  | (1075313) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total insurance service expenses** | W | (56616) | W | (10790) | W | (19434) | W | (24649) | W |  | W | (1277397) | W | (377077) | W | (687459) | W | (10777) | W | (2464199) |
|  **Reinsurance income:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recovery of incurred reinsurance claims and expenses |  | 206 |  | 449 |  |  |  |  |  | 611 |  | 45545 |  | 74831 |  | 18 |  | 14818 |  | 136478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in fulfilment cash flows relating to incurred claims |  | 2583 |  | 171 |  |  |  |  |  | 211 |  | 4738 |  | 131717 |  | 413 |  |  |  | 139833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recognition and reversal of loss-recovery component |  | 94 |  | 88 |  |  |  |  |  | 239 |  | (3827) |  | (162) |  |  |  |  |  | (3568) |
|  Reinsurance income for reinsurance contracts not applying the premium allocation approach |  | 2883 |  | 708 |  |  |  |  |  | 1061 |  | 45146 |  |  |  |  |  |  |  | 49798 |
|  Reinsurance income for reinsurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  | 1310 |  | 206386 |  | 431 |  | 14818 |  | 222945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total reinsurance income** | W | 2883 | W | 708 | W |  | W |  | W | 1061 | W | 46456 | W | 206386 | W | 431 | W | 14818 | W | 272743 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.2 Details of insurance service results for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Death** | **Death** | **Health** | **Health** | **Pension** | **Pension** | **Variables** | **Variables** | **Compound** | **Compound** | **Long-term** | **Long-term** | **General** | **General** | **Automobile** | **Automobile** | **Overseas** | **Overseas** | **Total** | **Total** |
|  **Reinsurance expense:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Reinsurance contracts not applying the premium allocation approach: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Expected recovery of incurred claims and expenses | W | (358) | W | (529) | W |  | W |  | W | (659) | W | (38791) | W |  | W |  | W |  | W | (40337) |
|  Changes in risk adjustment due to release of risk |  | (50) |  | (40) |  |  |  |  |  | (41) |  | (2196) |  |  |  |  |  |  |  | (2327) |
|  Changes in contractual service margin recognized in profit or loss for the services received |  | (415) |  | (194) |  |  |  |  |  | (589) |  | 110 |  |  |  |  |  |  |  | (1088) |
|  Experience adjustments on reinsurance premiums for current and past service |  | 661 |  | 804 |  |  |  |  |  | 260 |  | (5642) |  |  |  |  |  |  |  | (3917) |
|  Other reinsurance expenses |  | 9 |  | 5 |  |  |  |  |  | 6 |  |  |  |  |  |  |  |  |  | 20 |
|  | W | (153) | W | 46 | W |  | W |  | W | (1023) | W | (46519) | W |  | W |  | W |  | W | (47649) |
|  Reinsurance expenses for reinsurance contracts applying the premium allocation approach |  |  |  |  |  |  |  |  |  |  |  | (398) |  | (140153) |  | (1425) |  | (16234) |  | (158210) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total reinsurance expense** |  | (153) |  | 46 |  |  |  |  |  | (1023) |  | (46917) |  | (140153) |  | (1425) |  | (16234) |  | (205859) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total insurance service result** | W | 91886 | W | 4548 | W | 20173 | W | 25984 | W | 38 | W | 271090 | W | 18997 | W | 6601 | W | (1564) | W | 437753 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.3 Details of insurance finance income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Retirement** | **Retirement** | **Variables** | **Variables** | **Others** | **Others** | **Long-term** | **Long-term** | **General and<br>Automobile** | **General and<br>Automobile** | **Overseas** | **Overseas** | **Others** | **Others** | **Total** | **Total** |
|  Investment income (expenses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Investment income (expenses) recognized in profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net Interest Income (Expense) | W | 5506 | W | 20791 | W | 151663 | W | 157059 | W | 33638 | W | 1286 | W | (11712) | W | 358231 |
|  Dividend income |  | 537 |  | 12972 |  | 5396 |  | 3972 |  | 5312 |  |  |  | 11845 |  | 40034 |
|  Gain (loss) on valuation and disposal of securities |  | 911 |  | 283609 |  | 2698 |  | (19652) |  | 13700 |  | (373) |  | 8927 |  | 289820 |
|  Gain (loss) on valuation and disposal of loans and other receivables |  |  |  |  |  |  |  | (3163) |  | 2037 |  |  |  | (1847) |  | (2973) |
|  Gain (loss) related to derivatives |  | (2977) |  | (5456) |  | (104743) |  | (128116) |  | (118387) |  |  |  | (12137) |  | (371816) |
|  Gain (loss) related to investments in subsidiaries |  |  |  |  |  | (283) |  | (6324) |  |  |  |  |  | 3656 |  | (2951) |
|  Foreign exchange gain (loss) |  | 2688 |  | 48665 |  | 115507 |  | 121215 |  | 106363 |  | 66 |  | 8089 |  | 402593 |
|  Other investment income (loss) |  | (7905) |  | 5761 |  | 23617 |  | (3619) |  | 78281 |  | (211) |  | (6924) |  | 89000 |
|  |  | (1240) |  | 366342 |  | 193855 |  | 121372 |  | 120944 |  | 768 |  | (103) |  | 801938 |
|  Investment income (expenses) recognized in other comprehensive income |  | (10525) |  |  |  | (1382663) |  | (1573292) |  | (72675) |  | (380) |  | (100580) |  | (3140115) |
|  **Total investment income (expenses)** |  | (11765) |  | 366342 |  | (1188808) |  | (1451920) |  | 48269 |  | 388 |  | (100683) |  | (2338177) |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.3 Details of insurance finance income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Retirement** | **Variables** | **Variables** | **Others** | **Others** | **Long-term** | **Long-term** | **General and<br>Automobile** | **General and<br>Automobile** | **Overseas** | **Overseas** | **Others** | **Total** | **Total** |
|  Insurance finance income (expenses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Insurance finance income (expenses) recognized in profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net Interest Income (Expense) | W | W | (94) | W | (201379) | W | (188007) | W | (9660) | W |  | W | W | (399140) |
|  Effect of changes in discount rates and financial assumptions |  |  |  |  | 577 |  |  |  |  |  |  |  |  | 577 |
|  Effect of exchange rate fluctuations |  |  | (5274) |  | (16666) |  |  |  | (26369) |  |  |  |  | (48309) |
|  Changes in the fair value of the underlying assets of insurance contract with direct participation features |  |  | (366387) |  |  |  |  |  |  |  |  |  |  | (366387) |
|  Other insurance finance income (expenses) |  |  |  |  |  |  | 22 |  | (1392) |  | (16) |  |  | (1386) |
|  |  |  | (371755) |  | (217468) |  | (187985) |  | (37421) |  | (16) |  |  | (814645) |
|  Insurance finance income (expenses) recognized in other comprehensive income |  |  |  |  | 1458338 |  | 1769587 |  | 7040 |  |  |  |  | 3234965 |
|  **Total insurance finance income (expenses)** | W | W | (371755) | W | 1240870 | W | 1581602 | W | (30381) | W | (16) | W | W | 2420320 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.3 Details of insurance finance income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Retirement** | **Retirement** | **Variables** | **Variables** | **Others** | **Others** | **Long-term** | **Long-term** | **General and<br>Automobile** | **General and<br>Automobile** | **Overseas** | **Overseas** | **Others** | **Others** | **Total** | **Total** |
|  Reinsurance finance income (expenses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Reinsurance finance income (expenses) recognized in profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net Interest Income (Expense) | W |  | W |  | W | (263) | W | 4735 | W | 3074 | W |  | W |  | W | 7546 |
|  Effect of changes in discount rates and financial assumptions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Effect of exchange rate fluctuations |  |  |  |  |  | (14) |  |  |  | 29132 |  |  |  |  |  | 29118 |
|  Other reinsurance finance income (expenses) |  |  |  |  |  | (3) |  | 1988 |  | 30100 |  | (4) |  |  |  | 32081 |
|  |  |  |  |  |  | (280) |  | 6723 |  | 62306 |  | (4) |  |  |  | 68745 |
|  Reinsurance finance income (expenses) recognized in other comprehensive income |  |  |  |  |  | 6123 |  | (11661) |  | (2519) |  |  |  |  |  | (8057) |
|  **Total reinsurance finance income (expenses)** | W |  | W |  | W | 5843 | W | (4938) | W | 59787 | W | (4) | W |  | W | 60688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total** | W | (11765) | W | (5413) | W | 57905 | W | 124744 | W | 77675 | W | 368 | W | (100683) | W | 142831 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.3 Details of insurance finance income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Total** | **Total** |
|  | **Retirement** | **Retirement** | **Variables** | **Variables** | **Others** | **Others** | **Long-term** | **Long-term** | **General and<br>Automobile** | **General and<br>Automobile** | **Overseas** | **Overseas** | **Others** | **Others** | **Total** | **Total** |
|  Investment income (expenses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Investment income (expenses) recognized in profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net Interest Income (Expense) | W | 3163 | W | 21700 | W | 140140 | W | 152024 | W | 36902 | W | 2210 | W | (10457) | W | 345682 |
|  Dividend income |  |  |  | 13336 |  | 4237 |  | 3863 |  | 5610 |  |  |  | 5099 |  | 32145 |
|  Gain (loss) on valuation and disposal of securities |  | (373) |  | 108150 |  | 1572 |  | 67716 |  | 17319 |  | (70) |  | 8708 |  | 203022 |
|  Gain (loss) on valuation and disposal of loans and other receivables |  |  |  |  |  |  |  | (342) |  | (74) |  |  |  | (740) |  | (1156) |
|  Gain (loss) related to derivatives |  | (354) |  | (920) |  | (9497) |  | (20388) |  | (8762) |  |  |  |  |  | (39921) |
|  Gain (loss) related to investments in subsidiaries |  |  |  |  |  | (151) |  | (313) |  |  |  |  |  |  |  | (464) |
|  Foreign exchange gain (loss) |  | (9) |  | (1764) |  | 870 |  | 12204 |  | 165 |  | 129 |  |  |  | 11595 |
|  Other investment income (loss) |  | (4188) |  | 6480 |  | 17481 |  | (24017) |  | 83720 |  | (161) |  | (2666) |  | 76649 |
|  |  | (1761) |  | 146982 |  | 154652 |  | 190747 |  | 134880 |  | 2108 |  | (56) |  | 627552 |
|  Investment income (expenses) recognized in other comprehensive income |  | 3016 |  |  |  | 660591 |  | 601788 |  | 18909 |  | 414 |  | 18172 |  | 1302890 |
|  **Total investment income (expenses)** |  | 1255 |  | 146982 |  | 815243 |  | 792535 |  | 153789 |  | 2522 |  | 18116 |  | 1930442 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.3 Details of insurance finance income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** |  |  |
|  | **Retirement** | **Variables** | **Variables** | **Others** | **Others** | **Long-term** | **Long-term** | **General and<br>Automobile** | **General and<br>Automobile** | **Overseas** | **Overseas** | **Others** | **Total** | **Total** |
|  Insurance finance income (expenses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Insurance finance income (expenses) recognized in profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net Interest Income (Expense) | W | W | (361) | W | (187932) | W | (180611) | W | (10212) | W |  | W | W | (379116) |
|  Effect of changes in discount rates and financial assumptions |  |  |  |  | 509 |  |  |  |  |  |  |  |  | 509 |
|  Effect of exchange rate fluctuations |  |  | 623 |  | 710 |  |  |  | 573 |  |  |  |  | 1906 |
|  Changes in the fair value of the underlying assets of insurance contract with direct participation features |  |  | (147386) |  |  |  |  |  |  |  |  |  |  | (147386) |
|  Other insurance finance income (expenses) |  |  |  |  |  |  | (471) |  | (873) |  | 36 |  |  | (1308) |
|  |  |  | (147124) |  | (186713) |  | (181082) |  | (10512) |  | 36 |  |  | (525395) |
|  Insurance finance income (expenses) recognized in other comprehensive income |  |  | (40) |  | (1060092) |  | (1495696) |  | (5512) |  |  |  |  | (2561340) |
|  **Total insurance finance income (expenses)** | W | W | (147164) | W | (1246805) | W | (1676778) | W | (16024) | W | 36 | W | W | (3086735) |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

29.3 Details of insurance finance income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** | **Non-life insurance** |  |  |
|  | **Retirement** | **Retirement** | **Variables** | **Variables** | **Others** | **Others** | **Long-term** | **Long-term** | **General and<br>Automobile** | **General and<br>Automobile** | **Overseas** | **Overseas** | **Others** | **Others** | **Total** | **Total** |
|  Reinsurance finance income (expenses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Reinsurance finance income (expenses) recognized in profit or loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Net Interest Income (Expense) | W |  | W |  | W | (254) | W | 4899 | W | 2419 | W |  | W |  | W | 7064 |
|  Effect of changes in discount rates and financial assumptions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  Effect of exchange rate fluctuations |  |  |  |  |  | 1 |  |  |  | (289) |  |  |  |  |  | (288) |
|  Other reinsurance finance income (expenses) |  |  |  |  |  |  |  | 3689 |  | 3289 |  | 19 |  |  |  | 6997 |
|  |  |  |  |  |  | (253) |  | 8588 |  | 5419 |  | 19 |  |  |  | 13773 |
|  Reinsurance finance income (expenses) recognized in other comprehensive income |  |  |  |  |  | 2490 |  | 12089 |  | 3256 |  |  |  |  |  | 17835 |
|  **Total reinsurance finance income (expenses)** | W |  | W |  | W | 2237 | W | 20677 | W | 8675 | W | 19 | W |  | W | 31608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total** | W | 1255 | W | (182) | W | (429325) | W | (863566) | W | 146440 | W | 2577 | W | 18116 | W | (1124685) |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**30. Statements of Cash Flows** 

30.1 Details of cash and cash equivalents as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,<br>2026** | **March 31,<br>2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Cash | W | 2278718 | W | 2074714 |
|  Checks issued by other banks |  | 140923 |  | 134454 |
|  Due from the Bank of Korea |  | 15894949 |  | 17332054 |
|  Due from other financial institutions |  | 14223882 |  | 15235655 |
|  Disposal group held for sale <sup>1</sup> |  | 9815 |  | 5858 |
|  |  | 32548287 |  | 34782735 |
|  Due from financial institutions measured at fair value through profit or loss |  | 64136 |  | 64437 |
|  |  | 32612423 |  | 34847172 |
|  Deduction: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Restricted due from financial institutions <sup>2</sup> |  | (5388651) |  | (4843682) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions with original maturities over three months |  | (995859) |  | (982926) |
|  |  | (6384510) |  | (5826608) |
|  | W | 26227913 | W | 29020564 |

---

<sup>1</sup> The cash and deposits classified as a disposal group held for sale as of March 31, 2026 are included.

<sup>2</sup> Items meeting the definition of cash are excluded.

30.2 Cash inflows and outflows from income tax, interest, and dividends for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Activities** | **2026** | **2026** | **2025** | **2025** |
|  Income tax paid | Operating | W | 281034 | W | 271455 |
|  Interest received | Operating |  | 6834038 |  | 7262049 |
|  Interest paid | Operating |  | 2997538 |  | 3532984 |
|  Dividends received | Operating |  | 164508 |  | 146822 |
|  Dividends paid | Financing |  | 44808 |  | 49634 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**31. Contingent Liabilities and Commitments** 

31.1 Details of acceptances and guarantees as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Confirmed acceptances and guarantees** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Confirmed acceptances and guarantees in Korean won: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances and guarantees for KB purchasing loan | W | 102359 | W | 110728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 1173153 |  | 1028783 |
|  |  | 1275512 |  | 1139511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Confirmed acceptances and guarantees in foreign currencies: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances of letter of credit |  | 213515 |  | 215808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Letter of guarantees |  | 40203 |  | 76496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bid bond |  | 6891 |  | 2253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Performance bond |  | 2205544 |  | 2039924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refund guarantees |  | 3193220 |  | 3277694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 4992815 |  | 4787138 |
|  |  | 10652188 |  | 10399313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial guarantee contracts: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acceptances and guarantees for mortgage |  | 20643 |  | 19673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Overseas debt guarantees |  | 408984 |  | 406900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; International financing guarantees in foreign currencies |  | 1621887 |  | 1138481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 186561 |  | 263823 |
|  |  | 2238075 |  | 1828877 |
|  |  | 14165775 |  | 13367701 |
|  **Unconfirmed acceptances and guarantees** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Guarantees of letter of credit |  | 2922238 |  | 2537195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refund guarantees |  | 1313358 |  | 1427424 |
|  |  | 4235596 |  | 3964619 |
|  | W | 18401371 | W | 17332320 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

31.2 Details of commitments as of March 31, 2026 and December 31, 2025, are as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,<br>2026** | **March 31,<br>2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Commitments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate loan commitments | W | 56784574 | W | 56218691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retail loan commitments |  | 58475672 |  | 58406337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit line of credit cards |  | 91714498 |  | 89718829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchase of other securities |  | 9928348 |  | 9133299 |
|  |  | 216903092 |  | 213477156 |
|  **Financial guarantee contracts** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit line |  | 3157062 |  | 3689143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchase of securities |  | 2406624 |  | 1691300 |
|  |  | 5563686 |  | 5380443 |
|  | W | 222466778 | W | 218857599 |

---

31.3 Other Matters

a) As of March 31, 2026, the Group has 123 pending lawsuits as a plaintiff (excluding simple lawsuits related to the collection or management of loans) with an aggregate claims amount of W 458,744 million, and 363 pending lawsuits as a defendant (excluding simple lawsuits related to the collection or management of loans) with an aggregate claims amount of W 923,039 million, arising from its business activities. Additional losses resulting from the outcomes of these lawsuits are not predictable. Details of major pending lawsuits in which the Group is a defendant are as follows:

*(In number of cases, in millions of Korean won)* 

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Company** | **Lawsuits** | **No. of<br>cases** | **Amount** | **Amount** | **Description of the lawsuits** | **Status of the lawsuits** |
|  Kookmin Bank | Request for a return of redemption amount | 1 | W | 63579 | Kookmin Bank invested the assets entrusted by OO Invest Trust Management in the Fairfield Sentry Limited and Fairfield Sentry Limited reinvested the assets in Bernard L. Madoff Investment Securities LLC managed by Bernard Madoff. (Bernard L. Madoff Investment Securities LLC is in the liquidation process due to Ponzi scheme fraud-related losses.)<br>Bankruptcy trustee of Bernard L. Madoff Investment Securities LLC filed a lawsuit against Kookmin Bank seeking to return the amount of redemptions received by Kookmin Bank through Fairfield Sentry Limited. | Application for dismissal by the defendant has been denied, and further proceedings are scheduled. [Related litigation is pending at the New York Southern District Federal Bankruptcy Court (10-3777)]<br>The financial impact on Kookmin Bank is not significant because the likelihood of winning the lawsuit is high |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

31.3 Other Matters (cont'd)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Company** | **Lawsuits** | **No. of<br>cases** | **Amount** | **Description of the lawsuits** | **Status of the lawsuits** |
|  Kookmin Bank | Return of unjust enrichment | 1 | 165330 | As MTS Bank, which was trading with Kookmin Bank through a foreign exchange account, was listed on the SDN (Specifically Designated Nationals) list of the Office of Foreign Assets Control (OFAC) under the U.S. Treasury Department, Kookmin Bank froze the foreign currency account in the name of MTS Bank. Accordingly, MTS Bank filed a lawsuit seeking the return of the account balance to the Moscow City Commercial Court in Russia | - Responding in accordance with the schedule of the local court proceedings (following the first-instance judgment rendered against the Bank on December 2, 2025, the Bank is currently responding to the appellate proceedings).<br>Due to compliance with U.S. OFAC regulations, it is difficult to predict the likelihood of success in the litigation being conducted before the Russian courts. However, the amount in dispute can be covered by the balance in the plaintiff's account, and a financial impact equivalent to delayed interest is expected for the Bank.<br>|

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

31.3 Other Matters (cont'd)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Company** | **Lawsuits** | **No. of<br>cases** | **Amount** | **Description of the lawsuits** | **Status of the lawsuits** |
| KB Securities Co., Ltd. | Request for the return of unjust enrichment and transaction amount (Australian fund) | 3 | 59927 | As an investment broker for a private fund that lends money to a corporation (borrower) investing in Australian disability apartment rental business, KB Securities Co., Ltd. brokered investments of W 326,500 million in trust products and funds to individual and institutional investors. However, due to the local Australian borrower's breach of contract, the fund management was suspended, and related to this, a lawsuit was filed against KB Securities Co., Ltd. for the return of unjust enrichment and transaction amount. | No.1 case: The third trial has been finalized (The first trial: On February 7, 2023, a ruling was made to pay the principal investment of W 29,800 million and the delayed interest on it. The second trial: On January 29, 2024, the conclusion was different; a ruling was made to pay the principal investment of W 12,000 million and the delayed interest on it. The third trial: On April 2, 2026, both the plaintiff's and the defendant's appeals were dismissed, and the judgment of the second trial was finalized as rendered.) No. 2 case: The second trial is in progress (The first trial: On February 14, 2024, a ruling was made to pay the principal investment of W 12,200 million and the delayed interest on it.) No. 3 case: The third trial has been finalized (The first trial: On October 26, 2023, a ruling was made to pay the remaining principal and interest of W 8,460 million and the delayed interest on the principal of W 8,290 million. The second trial: On January 16, 2025, a ruling was made to return W 4,400 million, which is a portion of the W 8,070 million paid in the first trial. |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

31.3 Other Matters (cont'd)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Company** | **Lawsuits** | **No. of<br>cases** | **Amount** | **Description of the lawsuits** | **Status of the lawsuits** |
|  |  |  |  |  | The third trial: On April 16, 2026, both the plaintiff's and the defendant's appeals were dismissed, and the judgment of the second trial was finalized as rendered.) |

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Meanwhile, the Group has recognized a provision for litigation amounting to W 147,493 million in the financial statements in relation to the pending lawsuit in which it is a defendant as of March 31, 2026 (Note 17.5).

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

31.3 Other Matters (cont'd)

b) As of March 31, 2026, there are a total of five pending lawsuits related to the wage peak system, amounting to W 8,676 million. This includes four cases for Kookmin Bank with a total claim amount of W 8,540 million, and one case for KB Life Insurance Co., Ltd. with a claim amount of W 136 million. The amount and timing of potential outflows of resources are currently unpredictable.

c) As of March 31, 2026, KB Real Estate Trust Co., Ltd. is undertaking 12 completion-guaranteed land trust projects (including Busan Kyungbo Industrial Development project), under which it assumes the obligations to complete construction of the contractor fails to fulfill its completion obligations, and is liable to compensate the lending financial institutions for any losses arising from any failure to fulfill such obligations.

The total PF loan commitment limit related to these completion-guarantee land trust projects amounted to W 1,131,200 million, of which W 822,800 million represents outstanding balance (including unpaid interest) as of March 31, 2026. In connection with these projects, the Group recognized provisions totaling W 4,200 million as of March 31, 2026 for the expected losses associated with trust-account exposures arising from the completion obligations. In addition, the Group recognized additional provisions totaling W135,800 million as of March 31, 2026 for the estimated losses related to potential liability for damages that may arise if the completion obligations are not fulfilled.

As of March 31, 2026, a total of 11 projects (all of which have been completed) remain where completion obligations were not fulfilled within the contractual period. The PF loan commitment limits for these projects amount to W 1,034,600 million, and outstanding balance (including unpaid interest) amount to W 789,200 million. Of these, seven completed projects are subject to ongoing litigation, involving a total of 10 legal cases with an aggregate claim amount of W 247,400 million; the PF loan commitment limits and outstanding balance (including unpaid interest) for these projects amount to W 661,100 million and W 493,900 million, respectively.

d) During the year ended December 31, 2024, the Financial Supervisory Service conducted regular inspections covering the overall operations of the subsidiaries, Kookmin Bank and KB Life Insurance Co., Ltd., and during the year ended December 31, 2025, a regular inspection covering the overall operations of the subsidiary, KB Securities Co., Ltd., was conducted. In this regard, Kookmin Bank received the results of the regular inspection from the Financial Supervisory Service on April 24, 2026, and certain corrective action requirements are expected to be additionally notified in the future.

As of March 31, 2026, the results of the inspections and any required corrective actions for KB Life Insurance Co., Ltd. and KB Securities Co., Ltd. have not yet been notified and are expected to be communicated in the future.

e) Kookmin Bank and KB Securities Co., Ltd. are currently under investigation by the Fair-Trade Commission regarding alleged collusive conduct among financial institutions. The outcome of the investigation cannot be predicted at this time.

f) As of March 31, 2026, KB PRASAC BANK PLC. is currently undergoing a tax audit by the tax authorities. The outcome of the tax audit cannot be predicted at this time.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

31.3 Other Matters (cont'd)

g) As of March 31, 2026, PT Bank KB Indonesia Tbk. is currently undergoing a tax audit by the tax authorities. The outcome of the tax audit cannot be predicted at this time.

h) On April 7, 2023, Kookmin Bank entered into a share subscription right transfer agreement with STIC Eugene Star Holdings Inc. (hereinafter referred to as "STIC"), under which STIC agreed to acquire 31,900,000,000 newly issued shares at a price of IDR 3.19 trillion to be issued in a capital increase by PT Bank KB Indonesia Tbk, a subsidiary of Kookmin Bank.

As a result of the agreement, after STIC's acquisition of the shares, Kookmin Bank holds a call option to purchase the shares held by STIC for a six-month period commencing 2 years and 6 months after the acquisition date. If Kookmin Bank does not exercise the call option during the exercise period, STIC holds a put option to sell the shares to Kookmin Bank within one year following the expiration of the call option period.

i) As of March 31, 2026, KB Real Estate Trust Co., Ltd. may lend up to W 4,323,000 million to trust accounts, which represents a portion of the total project cost related to borrowing-type land trust contracts (including maintenance and redevelopment projects). Whether KB Real Estate Trust Co., Ltd. provides such trust account loans does not constitute an unconditional payment obligation and is determined after comprehensively considering various factors, including the funding plan of its own accounts and the cash flow projections of the trust business.

j) On July 1, 2025, Kookmin Bank entered into a share purchase agreement with a third party for the sale of its equity interest in its subsidiary, PT KB Bukopin Finance, and is currently in the process of carrying out the procedures necessary to complete the disposal. Upon completion of the transaction as planned, Kookmin Bank will lose control over PT KB Bukopin Finance.

k) As of March 31, 2026, KB Capital Co., Ltd. is currently undergoing a tax audit for the fiscal years 2022 through 2024 by the tax authorities. The outcome of the tax audit cannot be predicted at this time.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**32. Subsidiaries** 

32.1 Details of major consolidated subsidiaries as of March 31, 2026, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investor** | **Investee** | **Ownership<br>(%)** | **Location** | **Date of<br>financial<br>statements** | **Industry** |
|  KB Financial Group Inc. | Kookmin Bank | 100.00 | Korea | Mar. 31 | Banking and foreign exchange transaction |
|  KB Financial Group Inc. | KB Kookmin Card Co., Ltd. | 100.00 | Korea | Mar. 31 | Credit card and installment financing |
|  KB Financial Group Inc. | KB Asset Management Co., Ltd. | 100.00 | Korea | Mar. 31 | Collective investment and advisory |
|  KB Financial Group Inc. | KB Capital Co., Ltd. | 100.00 | Korea | Mar. 31 | Financial Leasing |
|  KB Financial Group Inc. | KB Savings Bank Co., Ltd. | 100.00 | Korea | Mar. 31 | Savings banking |
|  KB Financial Group Inc. | KB Real Estate Trust Co., Ltd. | 100.00 | Korea | Mar. 31 | Real estate trust management |
|  KB Financial Group Inc. | KB Investment Co., Ltd. | 100.00 | Korea | Mar. 31 | Capital investment |
|  KB Financial Group Inc. | KB Data System Co., Ltd. | 100.00 | Korea | Mar. 31 | Software advisory, development, and supply |
|  KB Financial Group Inc. | KB Securities Co., Ltd. | 100.00 | Korea | Mar. 31 | Financial investment |
|  KB Financial Group Inc. | KB Insurance Co., Ltd. | 100.00 | Korea | Mar. 31 | Non-life insurance |
|  KB Financial Group Inc. | KB Life Insurance Co., Ltd. | 100.00 | Korea | Mar. 31 | Life insurance |
|  Kookmin Bank | KB PRASAC Bank Plc. | 100.00 | Cambodia | Mar. 31 | Banking and foreign exchange transaction |
|  Kookmin Bank | Kookmin Bank (China) Ltd. | 100.00 | China | Mar. 31 | Banking and foreign exchange transaction |
|  Kookmin Bank | KB Microfinance Myanmar Co., Ltd. | 100.00 | Myanmar | Mar. 31 | Microfinance services |
|  Kookmin Bank | PT Bank KB Bukopin Syariah <sup>5</sup> | 95.92 | Indonesia | Mar. 31 | Banking |
|  Kookmin Bank | PT KB Bukopin Finance <sup>6 8</sup> | 99.24 | Indonesia | Mar. 31 | Installment financing |
|  Kookmin Bank | KB Bank Myanmar Co., Ltd. | 100.00 | Myanmar | Mar. 31 | Banking and foreign exchange transaction |
|  Kookmin Bank | KB FUND PARTNERS Co., Ltd. | 100.00 | Korea | Mar. 31 | Other unclassified financial services |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

32.1 Details of major consolidated subsidiaries as of March 31, 2026, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investor** | **Investee** | **Ownership<br>(%)** | **Location** | **Date of<br>financial<br>statements** | **Industry** |
|  Kookmin Bank,<br> KB Kookmin Card Co., Ltd.,<br> KB Securities Co., Ltd.,<br> KB Insurance Co., Ltd.,<br> KB Capital Co., Ltd. | PT Bank KB Indonesia,Tbk. <sup>7</sup> | 67.57 | Indonesia | Mar. 31 | Banking and foreign exchange transaction |
|  KB Securities Co., Ltd. | KBFG Securities America Inc. | 100.00 | United States | Mar. 31 | Investment advisory and securities trading |
|  KB Securities Co., Ltd. | KB Securities Hong Kong Ltd. | 100.00 | China | Mar. 31 | Investment advisory and securities trading |
|  KB Securities Co., Ltd. | KB SECURITIES VIETNAM JOINT<br> STOCK COMPANY | 99.81 | Vietnam | Mar. 31 | Investment advisory and securities trading |
|  KB Securities Co., Ltd. | KB FINA COMPANY LIMITED <sup>4</sup> | 100.00 | Vietnam | Mar. 31 | Investment advisory and securities trading |
|  KB Securities Co., Ltd. | PT.KB VALBURY SEKURITAS | 65.00 | Indonesia | Mar. 31 | Investment advisory and securities trading |
|  KB Insurance Co., Ltd. | Leading Insurance Services, Inc. | 100.00 | United States | Mar. 31 | Management service |
|  KB Insurance Co., Ltd. | KBFG Insurance(China) Co., Ltd. | 100.00 | China | Mar. 31 | Non-life insurance |
|  KB Insurance Co., Ltd. | PT. KB Insurance Indonesia | 70.00 | Indonesia | Mar. 31 | Non-life insurance |
|  KB Insurance Co., Ltd. | KB Claims Survey & Adjusting | 100.00 | Korea | Mar. 31 | Claim service |
|  KB Insurance Co., Ltd. | KB Sonbo CNS | 100.00 | Korea | Mar. 31 | Management service |
|  KB Insurance Co., Ltd. | KB Healthcare Co., Ltd. | 100.00 | Korea | Mar. 31 | Information and communication |
|  KB Life Insurance Co., Ltd. | KB Life Partners Co., Ltd. | 100.00 | Korea | Mar. 31 | Insurance agent |
|  KB Life Insurance Co., Ltd. | KB Golden Life Care Co., Ltd. | 100.00 | Korea | Mar. 31 | Service |
|  KB Kookmin Card Co., Ltd. | KB Credit Information Co., Ltd. | 100.00 | Korea | Mar. 31 | Collection of receivables or credit investigation |
|  KB Kookmin Card Co., Ltd. | KB Daehan Specialized Bank Plc. <sup>2</sup> | 97.50 | Cambodia | Mar. 31 | Auto Installment finance |
|  KB Kookmin Card Co., Ltd. | PT. KB Finansia Multi Finance | 85.00 | Indonesia | Mar. 31 | Auto Installment finance |
|  KB Kookmin Card Co., Ltd. | KB J Capital Co., Ltd. | 77.40 | Thailand | Mar. 31 | Service |
|  KB Capital Co., Ltd. | PT Sunindo Kookmin Best Finance | 85.00 | Indonesia | Mar. 31 | Auto Installment finance |
|  KB Capital Co., Ltd. | KBFintech Inc. <sup>3</sup> | 95.95 | Korea | Mar. 31 | E-commerce |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

32.1 Details of major consolidated subsidiaries as of March 31, 2026, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investor** | **Investee** | **Ownership<br>(%)** | **Location** | **Date of<br>financial<br>statements** | **Industry** |
|  KB Kookmin Card Co., Ltd.,<br> KB Capital Co., Ltd. | KB KOLAO Leasing Co., Ltd. | 80.00 | Laos | Mar. 31 | Auto Installment finance |
|  Kookmin Bank,<br> KB Data System Co., Ltd. | PT KB Data Systems Indonesia | 100.00 | Indonesia | Mar. 31 | Service |
|  KB Asset Management Co., Ltd. | KBAM Shanghai Advisory Services Co., Ltd. | 100.00 | China | Mar. 31 | General advisory |
|  KB Asset Management Co., Ltd. | PT KB Valbury Asset Management <sup>1</sup> | 70.00 | Indonesia | Mar. 31 | Collective investment |
|  KB Asset Management Co., Ltd. | KB Asset Management Singapore PTE. LTD. | 100.00 | Singapore | Mar. 31 | Collective investment |

---

<sup>1</sup> During the first quarter of 2024, PT Valbury Capital Management was changed from a sub-subsidiary of KB Securities Co., Ltd. to a subsidiary of KB Asset Management Co., Ltd., and its name was changed to PT KB Valbury Asset Management during the second quarter of 2024.

<sup>2</sup> KB DAEHAN SPECIALIZED BANK PLC. (merging entity) merged with i-Finance Leasing PLC. (merged entity) on December 19, 2024.

<sup>3</sup> On October 14, 2024, Teamwink Co., Ltd. changed its name to KB Fintech Co., Ltd.<sup></sup>

<sup>4</sup> During the first quarter of 2025, KB FINA Joint Stock Company changed its name to KB FINA COMPANY LIMITED.

<sup>5</sup> During the third quarter of 2025, PT Bank Syariah Bukopin changed its name to PT Bank KB Bukopin Syariah.

<sup>6</sup> During the third quarter of 2025, PT Bukopin Finance changed its name to PT KB Bukopin Finance.

<sup>7</sup> During the third quarter of 2025, PT Bank KB Bukopin,Tbk. changed its name to PT Bank KB Indonesia,Tbk.

<sup>8</sup> The disposal group was classified as held for sale, as of March 31, 2026.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

32.2 Details of consolidated structured entities as of March 31, 2026, are as follows:

---

| | | |
|:---|:---|:---|
|  | **Consolidated structured entities** | **Reasons for consolidation** |
| Trusts | Kookmin Bank (development trust) and 10 others | The Group controls the trust because it has power to determine management performance of the trust and is significantly exposed to variable returns that absorb losses through the guarantees of payment of principal, or payment of principal and fixed rate of return. |
| Asset-backed securitization | Taejon Samho The First Co., Ltd. and 79 others | The Group controls these investees because it has power over relevant activities in the event of default, is significantly exposed to variable returns by providing lines of credit, ABCP purchase commitments or acquisition of subordinated debt and has ability to affect those returns through its power. |
| Investment funds and others | KB Global Platform Fund No.2 and 242 others | Funds are consolidated if the Group, as a collective investor or operating manager (member), etc., can manage fund assets on behalf of other investors, or dismiss the collective investor and operating manager, and is substantially exposed to significant variable returns or has such rights. |

---

If the Group holds more than half of the ownership interests but does not have the power over relevant activities of structured entities in accordance with agreements with trust and other related parties, those structured entities are excluded from the consolidation.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

32.3 Condensed financial information of major subsidiaries as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Equity** | **Equity** | **Operating<br>revenue** | **Operating<br>revenue** | **Profit (loss)<br>attributable to<br>shareholders<br>of the Parent<br>Company** | **Profit (loss)<br>attributable to<br>shareholders<br>of the Parent<br>Company** | **Total comprehensive**<br>**income (loss)<br>attributable to<br>shareholders of the<br>Parent Company** | **Total comprehensive**<br>**income (loss)<br>attributable to<br>shareholders of the<br>Parent Company** |
|  Kookmin Bank <sup>1</sup> | W | 605312164 | W | 566254807 | W | 39057357 | W | 15917918 | W | 1101039 | W | 682415 |
|  KB Securities Co., Ltd. <sup>1,2</sup> |  | 88643846 |  | 80776982 |  | 7866864 |  | 8295053 |  | 347751 |  | 285616 |
|  KB Insurance Co., Ltd. <sup>1,2</sup> |  | 44453478 |  | 38581760 |  | 5871718 |  | 3737456 |  | 200669 |  | 219323 |
|  KB Kookmin Card Co., Ltd.<sup>1</sup> |  | 30444318 |  | 24864944 |  | 5579374 |  | 1079723 |  | 107480 |  | 144852 |
|  KB Life Insurance Co., Ltd.<sup>1,2</sup> |  | 34967267 |  | 32051229 |  | 2916038 |  | 1225232 |  | 75291 |  | 126763 |
|  KB Asset Management Co., Ltd. <sup>1</sup> |  | 473926 |  | 105325 |  | 368601 |  | 79413 |  | 33219 |  | 33608 |
|  KB Capital Co., Ltd. <sup>1,2</sup> |  | 18830212 |  | 16202679 |  | 2627533 |  | 698283 |  | 72781 |  | 76501 |
|  KB Real Estate Trust Co., Ltd. |  | 1140474 |  | 741213 |  | 399261 |  | 26793 |  | 8609 |  | 8564 |
|  KB Savings Bank Co., Ltd. |  | 2286786 |  | 2116352 |  | 170434 |  | 42685 |  | (6784) |  | (6817) |
|  KB Investment Co., Ltd. <sup>1</sup> |  | 1729168 |  | 1381936 |  | 347232 |  | 64573 |  | 5315 |  | 5375 |
|  KB Data System Co., Ltd. <sup>1</sup> |  | 82697 |  | 51703 |  | 30994 |  | 78366 |  | 997 |  | 1019 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

32.3 Condensed financial information of major subsidiaries as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Equity** | **Equity** | **Operating<br>revenue** | **Operating<br>revenue** | **Profit (loss)<br>attributable to<br>shareholders<br>of the Parent<br>Company** | **Profit (loss)<br>attributable to<br>shareholders<br>of the Parent<br>Company** | **Total comprehensive<br>income (loss)<br>attributable to<br>shareholders of the<br>Parent Company** | **Total comprehensive<br>income (loss)<br>attributable to<br>shareholders of the<br>Parent Company** |
|  Kookmin Bank <sup>1</sup> | W | 584934967 | W | 545979326 | W | 38955641 | W | 10811411 | W | 1026432 | W | 1040854 |
|  KB Securities Co., Ltd. <sup>1,2</sup> |  | 76461426 |  | 69572471 |  | 6888955 |  | 2986117 |  | 179897 |  | 173245 |
|  KB Insurance Co., Ltd. <sup>1,2</sup> |  | 45377597 |  | 39725458 |  | 5652139 |  | 3475820 |  | 313460 |  | (310273) |
|  KB Kookmin Card Co., Ltd.<sup>1</sup> |  | 30235710 |  | 24597933 |  | 5637777 |  | 1128090 |  | 84505 |  | 80257 |
|  KB Life Insurance Co., Ltd.<sup>1,2</sup> |  | 35585902 |  | 32795927 |  | 2789975 |  | 691685 |  | 60730 |  | (229380) |
|  KB Asset Management Co., Ltd. <sup>1</sup> |  | 697405 |  | 302373 |  | 395032 |  | 56231 |  | 15691 |  | 15950 |
|  KB Capital Co., Ltd. <sup>1,2</sup> |  | 18163063 |  | 15483517 |  | 2679546 |  | 683465 |  | 69448 |  | 69990 |
|  KB Real Estate Trust Co., Ltd. |  | 1124017 |  | 730006 |  | 394011 |  | 32088 |  | 8601 |  | 8581 |
|  KB Savings Bank Co., Ltd. |  | 2219824 |  | 2042573 |  | 177251 |  | 50928 |  | 6195 |  | 6172 |
|  KB Investment Co., Ltd. <sup>1</sup> |  | 1675994 |  | 1334136 |  | 341858 |  | 24844 |  | 5978 |  | 5993 |
|  KB Data System Co., Ltd. <sup>1</sup> |  | 85289 |  | 55304 |  | 29985 |  | 68099 |  | 2687 |  | 2624 |

---

<sup>1</sup> Financial information is based on its consolidated financial statements.

<sup>2</sup> Includes fair value adjustments arising from the acquisition.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

32.4 The Characteristics of Risks Associated with Consolidated Structured Entities

The terms of contractual arrangements to provide financial support to consolidated structured entities are as follows:

32.4.1 The Group has provided payment guarantees of W 3,858,136 million to KBD TOWER 1ST LLC and other consolidated structured entities.

32.4.2 The Group has provided capital commitment to 86 consolidated structured entities including KB Sinansan Line Private Special Asset Fund (SOC). The unexecuted amount of the capital commitment is W 3,014,995 million. Based on the capital commitment, the Group is subject to increase its investment upon the request of the asset management company or the additional agreement among investors.

32.4.3 The Group has provided the guarantees of payment of principal, or principal and fixed rate of return in case the operating results of the trusts are less than the guaranteed principal, or principal and fixed rate of return.

32.5 Changes in Subsidiaries

32.5.1 Subsidiaries newly included in consolidation for the three-month period ended March 31, 2026, are as follows:

---

| | |
|:---|:---|
| **Company** | **Reasons of obtaining control** |
| Daol Private Securities Investment Trust K-1 and 10 others | Holds more than half of the ownership interests |
| KB Hakha First Co., Ltd. and 9 others | Holds the power in the event of default and is exposed to significant variable returns by providing lines of credit, ABCP purchase commitments or acquisition of subordinated debt |
| KB Onkookmin 2030 TDF Fund(FoFs)(UH) and 5 others | Holds the power as a general partner and is exposed to variable returns by holding significant amount of ownership interests |
| KB Deep Tech Scale Up fund | Holds the power as an executive partner and is exposed to variable returns through significant ownership interests. |

---

32.5.2 Subsidiaries excluded from consolidation for the three-month period ended March 31, 2026, are as follows:

---

| | |
|:---|:---|
| **Company** | **Reasons of losing control** |
| Newstar Songam 1st Co.,ltd. and 12 others | Termination of the commitments |
| KB Core Blind Private Real Estate Investment Trust No. 1 and 2 others | Liquidation |
| KB RISE KTB 10Y Futures ETF and 5 others | Disposal |
| KB RISE Short-Term MSB ETF and 3 others | Decrease in ownership interests to less than majority |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**33. Related Party Transactions** 

According to Korean IFRS No.1024, the Group includes investments in associates, key management personnel (including family members), and post-employment benefit plans of the Group and its related party companies in the scope of related parties. The Group discloses balances (receivables and payables) and other amounts arising from transactions with related parties in the notes to the consolidated financial statements.

33.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **2026** | **2026** | **2025** | **2025** |
|  **Associates and joint ventures** |  |  |  |  |  |
|  Balhae Infrastructure Company | Fee and commission income | W | 1960 | W | 1468 |
|  Korea Credit Bureau Co., Ltd. | Interest income |  | 163 |  |  |
|  Korea Credit Bureau Co., Ltd. | Reversal of credit losses |  | 299 |  |  |
|  Korea Credit Bureau Co., Ltd. | Interest expense |  | 7 |  | 1 |
|  Korea Credit Bureau Co., Ltd. | Fee and commission income |  | 158 |  | 172 |
|  Korea Credit Bureau Co., Ltd. | Fee and commission expense |  | 2980 |  | 3054 |
|  Korea Credit Bureau Co., Ltd. | Insurance income |  | 1 |  | 1 |
|  | Provision for credit losses |  | 1 |  |  |
|  | Other operating expenses |  | 3 |  | 2 |
|  Incheon Bridge Co., Ltd. | Interest income |  | 1434 |  | 2513 |
|  Incheon Bridge Co., Ltd. | Interest expense |  | 310 |  | 198 |
|  Incheon Bridge Co., Ltd. | Fee and commission income |  | 11 |  | 10 |
|  Incheon Bridge Co., Ltd. | Fee and commission expense |  | 3 |  | 3 |
|  Incheon Bridge Co., Ltd. | Insurance income |  | 71 |  | 55 |
|  Incheon Bridge Co., Ltd. | Gains on financial instruments at fair value through profit or loss |  |  |  | 244 |
|  Incheon Bridge Co., Ltd. | Losses on financial instruments at fair value through profit or loss |  | 290 |  |  |
|  Incheon Bridge Co., Ltd. | Reversal of credit losses |  | 1 |  | 1 |
|  Incheon Bridge Co., Ltd. | Provision for credit losses |  |  |  | 1 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 | Insurance income |  | 22 |  | 26 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 | Interest income |  | 1604 |  | 1462 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 | Interest expense |  | 161 |  | 33 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 | General and administrative expenses |  | 2445 |  | 2136 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 | Other Income |  |  |  | 362 |
|  Food Factory Co., Ltd. | Interest income |  | 22 |  | 10 |
|  | Insurance income |  | 1 |  | 1 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **2026** | **2026** | **2025** | **2025** |
|  Big Dipper Co., Ltd. | Fee and commission expense | W | 62 | W | 51 |
|  Big Dipper Co., Ltd. | Reversal of credit losses |  |  |  | 2 |
|  KB-TS Technology Venture Private Equity Fund | Fee and commission income |  |  |  | 42 |
|  KB-SJ Tourism Venture Fund | Fee and commission income |  | (15) |  | 33 |
|  Banksalad Co., Ltd. \* | Fee and commission income |  |  |  | 9 |
|  RMGP Bio-Pharma Investment Fund, L.P. | Fee and commission income |  | 14 |  | 14 |
|  KB-MDI Centauri Fund LP | Fee and commission income |  | 106 |  | 102 |
|  Hibiscus Fund LP | Fee and commission income |  | (63) |  | 73 |
|  | Gains on financial instruments at fair value through profit or loss |  | 315 |  |  |
|  RMG-KB BioAccess Fund L.P. | Fee and commission income |  | 95 |  | 92 |
|  S&E Bio Co., Ltd. | Interest income |  | 19 |  | 18 |
|  S&E Bio Co., Ltd. | Reversal of credit losses |  | 4 |  |  |
|  Contents First Inc. | Interest income |  | 95 |  | 96 |
|  Contents First Inc. | Interest expense |  | 3 |  | 4 |
|  Pin Therapeutics Inc. | Interest expense |  |  |  | 71 |
|  Pin Therapeutics Inc. | Provision for credit losses |  | 17 |  | 1 |
|  Wyatt Corp. \* | Gains on financial instruments at fair value through profit or loss |  |  |  | 1152 |
|  | Insurance income |  |  |  | 40 |
|  Spark Biopharma Inc. \* | Interest expense |  |  |  | 29 |
|  | Provision for credit losses |  |  |  | 3 |
|  | Reversal of credit losses |  | 1 |  |  |
|  | Gains on financial instruments at fair value through profit or loss |  | 1220 |  |  |
|  | Losses on financial instruments at fair value through profit or loss |  | 213 |  |  |
|  Skydigital Inc. | Fee and commission income |  | 1 |  | 1 |
|  SO-MYUNG Recycling Co., Ltd. | Insurance income |  | 2 |  |  |
|  KB No.21 Special Purpose Acquisition Company \* | Losses on financial instruments at fair value through profit or loss |  |  |  | 1832 |
|  | Interest expense |  |  |  | 18 |
|  KB No.25 Special Purpose Acquisition Company | Interest expense |  | 10 |  | 13 |
|  KB No.25 Special Purpose Acquisition Company | Gains on financial instruments at fair value through profit or loss |  |  |  | 66 |
|  KB No.25 Special Purpose Acquisition Company | Losses on financial instruments at fair value through profit or loss |  | 1141 |  |  |
|  KB No.26 Special Purpose Acquisition Company \* | Interest expense |  |  |  | (29) |
|  | Gains on financial instruments at fair value through profit or loss |  |  |  | 966 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **2026** | **2026** | **2025** | **2025** |
|  KB No.27 Special Purpose Acquisition Company | Interest expense | W | 29 | W | 37 |
|  KB No.27 Special Purpose Acquisition Company | Gains on financial instruments at fair value through profit or loss |  | 166 |  | 151 |
|  KB No.28 Special Purpose Acquisition Company \* | Interest expense |  |  |  | 9 |
|  KB No.28 Special Purpose Acquisition Company \* | Gains on financial instruments at fair value through profit or loss |  |  |  | 54 |
|  KB No.29 Special Purpose Acquisition Company | Gains on financial instruments at fair value through profit or loss |  | 41 |  | 72 |
|  KB No.29 Special Purpose Acquisition Company | Interest expense |  | 12 |  | 14 |
|  KB No.30 Special Purpose Acquisition Company | Interest expense |  | 8 |  | 10 |
|  KB No.30 Special Purpose Acquisition Company | Gains on financial instruments at fair value through profit or loss |  | 137 |  | 51 |
|  KB No.31 Special Purpose Acquisition Company | Gains on financial instruments at fair value through profit or loss |  | 227 |  | 151 |
|  KB No.31 Special Purpose Acquisition Company | Interest expense |  | 10 |  | 12 |
|  KB No.32 Special Purpose Acquisition Company | Interest expense |  | 11 |  |  |
|  KB No.33 Special Purpose Acquisition Company | Gains on financial instruments at fair value through profit or loss |  | 145 |  |  |
|  | Interest expense |  | 12 |  |  |
|  KB SPROTT Renewable Private Equity Fund No.1 | Fee and commission income |  | 19 |  | 19 |
|  KB-Stonebridge Secondary Private Equity Fund | Fee and commission income |  | 70 |  | 89 |
|  TeamSparta Inc. \* | Fee and commission income |  |  |  | 3 |
|  | Interest expense |  |  |  | 51 |
|  Newavel Co., Ltd. | Provision for credit losses |  |  |  | 13 |
|  SuperNGine Co., Ltd. | Interest income |  |  |  | 11 |
|  Desilo Inc. | Interest income |  |  |  | 4 |
|  Turing Co., Ltd. | Interest income |  | 10 |  | 11 |
|  Grinergy Co., Ltd. | Provision for credit losses |  | 1 |  |  |
|  Chabot Mobility Co., Ltd. \* | Interest expense |  |  |  | 2 |
|  | Fee and commission expense |  |  |  | 591 |
|  Wemade Connect Co., Ltd. | Insurance income |  | 1 |  | 1 |
|  Wemade Connect Co., Ltd. | Interest expense |  | 40 |  | 48 |
|  Wemade Connect Co., Ltd. | Provision for credit losses |  |  |  | 1 |
|  TMAP Mobility Co., Ltd. | Interest expense |  | 88 |  | 765 |
|  | Fee and commission income |  | 1 |  | 1 |
|  | Fee and commission expense |  | 160 |  | 326 |
|  | Reversal of credit losses |  | 1 |  |  |
|  | Insurance income |  | 324 |  | 915 |
|  Nextrade Co., Ltd. | Fee and commission income |  | 1 |  | 1 |
|  | Interest expense |  |  |  | 186 |
|  WJ Private Equity Fund No.1 | Fee and commission income |  | 2 |  | 2 |
|  Channel Corporation | Gains on financial instruments at fair value through profit or loss |  |  |  | 7347 |
|  CellinCells Co., Ltd. \* | Provision for credit losses |  |  |  | 1 |
|  KB Social Impact Investment Fund | Fee and commission income |  | 50 |  | 50 |
|  KB-UTC Inno-Tech Venture Fund | Fee and commission income |  | 42 |  | 21 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **2026** | **2026** | **2025** | **2025** |
|  KB-NAU Special Situation Corporate Restructuring Private Equity Fund | Fee and commission income | W | 184 | W | 200 |
|  2020 KB Fintech Renaissance Fund | Fee and commission income |  |  |  | 29 |
|  FineKB Private Equity Fund No.1 | Fee and commission income |  | 74 |  | 141 |
|  FineKB Private Equity Fund No.1 | Gains on financial instruments at fair value through profit or loss |  |  |  | 32 |
|  Paramark KB Fund No.1 | Fee and commission income |  | 37 |  | 32 |
|  KB-Badgers Future Mobility ESG Fund No.1 | Fee and commission income |  | 305 |  | 321 |
|  KB-Badgers Future Mobility ESG Fund No.1 | Gains on financial instruments at fair value through profit or loss |  |  |  | 1 |
|  KB-KTB Technology Venture Fund | Fee and commission income |  | 95 |  | 113 |
|  KB-Solidus Global Healthcare Fund \* | Fee and commission income |  | 1087 |  |  |
|  ASSEMBLE CORPORATION | Interest income |  | 29 |  | 32 |
|  | Insurance income |  | 1 |  | 1 |
|  | Reversal of credit losses |  | 2 |  | 3 |
|  KB-GeneN Medical Venture Fund No.1 | Fee and commission income |  | 22 |  | 22 |
|  KB-BridgePole Venture Investment Fund No.2 | Fee and commission income |  | 26 |  | 26 |
|  KB Co-Investment Private Equity Fund No.1 | Fee and commission income |  | 413 |  | 393 |
|  KB-NP Green ESG New Technology Venture Capital Fund | Fee and commission income |  | 265 |  | 242 |
|  KB-FT Green Growth 1st Technology Investment Association | Fee and commission income |  | 33 |  | 33 |
|  KB-SUSUNG 1st Investment Fund | Fee and commission income |  | 30 |  | 47 |
|  KB-SUSUNG 2nd Investment Fund | Fee and commission income |  | 39 |  | 37 |
|  3D Interactive Co., Ltd. | Provision for credit losses |  | 1 |  |  |
|  Bigwave Robotics Corp. \* | Interest expense |  |  |  | (5) |
|  | Provision for credit losses |  | 1 |  | 9 |
|  | Gains on financial instruments at fair value through profit or loss |  | 1610 |  |  |
|  U-KB Credit No.1 Private Equity | Fee and commission income |  | 239 |  | 239 |
|  KB-SOLIDUS Healthcare Investment Fund | Fee and commission income |  | 206 |  | 213 |
|  AKK Robotech Valueup New Technology Investment Fund \* | Fee and commission income |  |  |  | 19 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **2026** | **2026** | **2025** | **2025** |
|  New Daegu Busan Expressway Co., Ltd. | Interest income | W |  | W | 241 |
|  New Daegu Busan Expressway Co., Ltd. | Reversal of credit losses |  | 4 |  | 1 |
|  New Daegu Busan Expressway Co., Ltd. | Interest expense |  | 147 |  | 730 |
|  New Daegu Busan Expressway Co., Ltd. | Insurance income |  | 115 |  | 98 |
|  AIM FUTURE, Inc. | Interest income |  | 10 |  | 10 |
|  ADP Holdings Co., Ltd. | Interest expense |  | 2 |  | 16 |
|  ADPGREEN | Interest expense |  | 36 |  | 13 |
|  | Reversal of credit losses |  |  |  | 7 |
|  | Insurance income |  | 40 |  | 43 |
|  KB-CJ Venture Fund 1st | Fee and commission income |  | 37 |  | 37 |
|  DYNE MEDICAL GROUP Inc. | Interest income |  | 15 |  | 15 |
|  | Interest expense |  | 62 |  | 21 |
|  | Insurance income |  | 1 |  | 1 |
|  | Provision for credit losses |  | 2 |  | 1 |
|  | Reversal of credit losses |  |  |  | 1 |
|  Logpresso Inc. | Interest expense |  | 57 |  | 1 |
|  TriOar Inc. | Interest expense |  | 9 |  | 33 |
|  KB-VEP Contact Fund | Fee and commission income |  | 15 |  | 15 |
|  KB-Cyrus Tourism Venture Fund | Fee and commission income |  | 84 |  | 84 |
|  FineKB Private Equity Fund No.2 | Fee and commission income |  | 17 |  | 34 |
|  KB Rejuvenation Fund | Fee and commission income |  | 37 |  | 37 |
|  Allra Fintech Corp. | Provision for credit losses |  | 173 |  | 1 |
|  | Interest expense |  |  |  | 2 |
|  Yeoulhyulgangho | Interest expense |  | 4 |  | 1 |
|  KB-IMM New Star Real Estate Private Fund I | Fee and commission income |  | 89 |  | 137 |
|  KB-LB Middle Market Enterprises Innovation Private Equity Fund | Fee and commission income |  | 296 |  |  |
|  Semicolon Susong REITs Co., Ltd. | Interest income |  | 259 |  |  |
|  | Insurance income |  | 7 |  |  |
|  KB-Novus Genesis Private Equity Fund | Fee and commission income |  | 43 |  |  |
|  AIM-KB-DOUBLE Connected Future Investment Fund | Fee and commission income |  | 18 |  |  |
|  E&I Holdings \* | Fee and commission income |  |  |  | 3405 |
|  WhaTap Laps Inc. | Interest income |  | 8 |  |  |
|  WhaTap Laps Inc. | Interest expense |  | 8 |  |  |
|  | Reversal of credit losses |  | 5 |  |  |
|  KB a2z 2025 Fund | Fee and commission income |  | 37 |  |  |
|  IMBiologics Corp. \* | Gains on financial instruments at fair value through profit or loss |  | 5412 |  |  |
|  Koru Pharma Co., Ltd. \* | Gains on financial instruments at fair value through profit or loss |  | 5596 |  |  |
|  | Insurance income |  |  |  | 1 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | |
|:---|:---|:---|:---|
| | | **2026** | **2025** |
|  Aldaver | Interest expense | 5 |  |
|  K-1 23th yeoksam Real Estate Investment Trust company Itd | Insurance income | 2 |  |
|  VP Inc. | Fee and commission income | 43 |  |
|  Novorex Inc. | Interest expense | 2 |  |
|  | Provision for credit losses | 3 |  |
|  Xenohelix Co., Ltd. | Interest income | 7 | 6 |
|  Xenohelix Co., Ltd. | Provision for credit losses |  | 8 |
|  Xenohelix Co., Ltd. | Reversal of credit losses | 1 |  |
|  Lemontree Inc. | Fee and commission income | 84 |  |
|  Lemontree Inc. | Fee and commission expense | 25 |  |
|  Lemontree Inc. | Reversal of credit losses | 2 |  |
|  ByL | Interest expense | 49 |  |
|  KB-GVA Premier Mezzanine Investment Fund | Fee and commission income | 32 |  |
|  KB-ANDA DeepTech Venture Fund | Fee and commission income | 56 |  |
|  JIN WOO CO., LTD. | Interest income | 69 |  |
|  HyperAccel Co., Ltd. | Interest expense | 1 |  |
|  MM Korea Beauty Co-Invest Private Equity Fund | Interest expense | 1 |  |
|  **Others**. |  |  |  |
|  Retirement pension | Fee and commission income | 383 | 416 |
|  Retirement pension | Interest expense | 3 | 7 |

---

\* Excluded from the Group's related party as of March 31, 2026.

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | |
|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **December 31,**<br>**2025** |
|  **Associates and joint ventures** |  |  |  |
|  Balhae Infrastructure Company | Other assets | W1,961 | W2,596 |
|  | Loans measured at amortized cost (gross amount) | 4000 | 85000 |
|  | Allowances for credit losses | 9 | 200 |
|  | Provisions |  | 109 |
|  | Other liabilities | 1 | 9 |
|  Korea Credit Bureau Co., Ltd. | Loans measured at amortized cost (gross amount) | 292 | 41 |
|  | Deposits | 3974 | 36968 |
|  | Insurance liabilities |  | 1 |
|  | Other liabilities | 16 | 10 |
|  Incheon Bridge Co., Ltd. | Financial assets at fair value through profit or loss | 33918 | 34208 |
|  | Loans measured at amortized cost (gross amount) | 56456 | 59515 |
|  | Allowances for credit losses | 26 | 27 |
|  | Other assets | 262 | 297 |
|  | Deposits | 54467 | 70470 |
|  | Provisions | 38 | 38 |
|  | Insurance liabilities | 43 | 114 |
|  | Other liabilities | 879 | 608 |
|  Jungdo Co., Ltd. | Deposits | 4 | 4 |
|  Aju Good Technology Venture Fund | Deposits | 39 | 39 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 | Loans measured at amortized cost (gross amount) | 149671 | 149597 |
|  | Allowances for credit losses | 7 | 7 |
|  | Property and equipment | 26217 | 31089 |
|  | Other assets | 8339 | 8330 |
|  | Insurance liabilities | 7 | 29 |
|  | Other liabilities | 26208 | 31053 |
|  WJ Private Equity Fund No.1 | Other assets | 2 | 2 |
|  | Deposits | 34 | 36 |
|  Food Factory Co., Ltd. | Loans measured at amortized cost (gross amount) | 2827 | 2941 |
|  | Allowances for credit losses | 5 | 5 |
|  | Other assets | 19 | 13 |
|  | Deposits | 531 | 604 |
|  | Insurance liabilities | 4 | 6 |
|  | Other liabilities | 1 | 1 |
|  Big Dipper Co., Ltd. | Loans measured at amortized cost (gross amount) | 24 | 23 |
|  | Allowances for credit losses | 1 | 1 |
|  | Deposits | 50 | 51 |
|  | Other assets |  | 42 |
|  | Other liabilities | 10 | 10 |
|  KB-KDBC Pre-IPO New Technology Business Investment Fund | Deposits | 270 | 270 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | |
|:---|:---|:---|:---|
| *(In millions of Korean won)* |  | **March 31,**<br>**2026** | **December 31,**<br>**2025** |
|  RMGP Bio-Pharma Investment Fund, L.P. | Financial assets at fair value through profit or loss | W2,470 | W2,432 |
|  | Other assets | 29 | 15 |
|  RMGP Bio-Pharma Investment, L.P. | Financial assets at fair value through profit or loss | 22 | 22 |
|  Skydigital Inc. | Deposits | 5 | 1 |
|  Spark Biopharma Inc. \* | Financial assets at fair value through profit or loss |  | 4549 |
|  | Loans measured at amortized cost (gross amount) | 20 | 23 |
|  | Deposits |  | 1145 |
|  | Other liabilities |  | 2 |
|  | Allowances for credit losses | 7 | 8 |
|  | Provisions | 4 | 3 |
|  UPRISE, Inc. | Financial assets at fair value through profit or loss | 1934 | 1934 |
|  Stratio, Inc. | Financial assets at fair value through profit or loss | 1000 | 1000 |
|  HonestAl Co., LTD. | Financial assets at fair value through profit or loss | 382 | 382 |
|  CellinCells Co., Ltd. \* | Loans measured at amortized cost (gross amount) | 2 | 3 |
|  | Allowances for credit losses |  | 1 |
|  | Provisions | 1 |  |
|  Channel Corporation | Financial assets at fair value through profit or loss | 15719 | 15719 |
|  KB No.25 Special Purpose Acquisition Company | Financial assets at fair value through profit or loss | 775 | 1915 |
|  | Deposits | 1594 | 1604 |
|  | Other liabilities | 12 | 2 |
|  KB No.27 Special Purpose Acquisition Company | Financial assets at fair value through profit or loss | 6448 | 6282 |
|  | Deposits | 4691 | 4675 |
|  | Other liabilities | 15 | 41 |
|  KB No.29 Special Purpose Acquisition Company | Financial assets at fair value through profit or loss | 3200 | 3159 |
|  | Deposits | 2343 | 2348 |
|  | Other liabilities | 49 | 36 |
|  KB No.30 Special Purpose Acquisition Company | Financial assets at fair value through profit or loss | 3030 | 2893 |
|  | Deposits | 1780 | 1788 |
|  | Other liabilities | 23 | 15 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | |
|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **December 31,**<br>**2025** |
|  KB No.31 Special Purpose Acquisition Company | Financial assets at fair value through profit or loss | W4,706 | W4,478 |
|  KB No.31 Special Purpose Acquisition Company | Deposits | 2302 | 2310 |
|  KB No.31 Special Purpose Acquisition Company | Other liabilities | 21 | 10 |
|  KB No.32 Special Purpose Acquisition Company | Deposits | 2308 | 2315 |
|  KB No.32 Special Purpose Acquisition Company | Other liabilities | 46 | 35 |
|  KB No.33 Special Purpose Acquisition Company | Financial assets at fair value through profit or loss | 4449 | 4304 |
|  | Deposits | 2827 | 2835 |
|  | Other liabilities | 38 | 25 |
|  KB-Solidus Global Healthcare Fund \* | Other assets |  | 3781 |
|  Bioprotect Ltd. | Financial assets at fair value through profit or loss | 5606 | 5606 |
|  ASSEMBLE CORPORATION | Financial assets at fair value through profit or loss | 4000 | 4000 |
|  | Loans measured at amortized cost (gross amount) | 1760 | 1862 |
|  | Allowances for credit losses | 28 | 30 |
|  | Other assets | 2 | 1 |
|  | Deposits | 19 | 19 |
|  | Other liabilities | 1 | 1 |
|  | Insurance liabilities | 1 | 2 |
|  SO-MYUNG Recycling Co., Ltd. | Insurance liabilities | 4 | 3 |
|  Go2joy Co., Ltd. | Financial assets at fair value through profit or loss | 1200 | 1200 |
|  S&E Bio Co., Ltd. | Financial assets at fair value through profit or loss | 4000 | 4000 |
|  | Loans measured at amortized cost (gross amount) | 2000 | 2009 |
|  | Other assets | 3 | 3 |
|  | Deposits | 109 | 224 |
|  | Other liabilities | 1 | 2 |
|  | Allowances for credit losses | 12 | 12 |
|  | Provisions |  | 2 |
|  Bluepointpartners Inc. \* | Financial assets at fair value through profit or loss |  | 1667 |
|  Xenohelix Co., Ltd. | Financial assets at fair value through profit or loss | 3100 | 3100 |
|  | Loans measured at amortized cost (gross amount) | 500 | 555 |
|  | Other assets | 1 | 1 |
|  | Allowances for credit losses | 7 | 7 |
|  | Deposits | 576 | 40 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Contents First Inc. | Financial assets at fair value through profit or loss | W | 11667 | W | 11667 |
|  | Loans measured at amortized cost (gross amount) |  | 10020 |  | 10020 |
|  | Allowances for credit losses |  | 22 |  | 22 |
|  | Other assets |  | 3 |  | 3 |
|  | Deposits |  | 215 |  | 133 |
|  | Provisions |  | 2 |  | 2 |
|  | Other liabilities |  | 4 |  | 4 |
|  KB-MDI Centauri Fund LP | Financial assets at fair value through profit or loss |  | 19026 |  | 19026 |
|  | Other assets |  | 106 |  |  |
|  OKXE Inc. | Financial assets at fair value through profit or loss |  | 2722 |  | 2722 |
|  Newavel Co., Ltd. | Deposits |  | 1 |  | 1 |
|  Pin Therapeutics Inc. | Loans measured at amortized cost (gross amount) |  | 32 |  | 20 |
|  | Financial assets at fair value through profit or loss |  | 7000 |  | 7000 |
|  | Deposits |  | 38 |  | 850 |
|  | Allowances for credit losses |  | 10 |  | 2 |
|  | Provisions |  | 2 |  | 1 |
|  IMBiologics Corp. \* | Loans measured at amortized cost (gross amount) |  | 2 |  | 1 |
|  | Financial assets at fair value through profit or loss |  |  |  | 13144 |
|  SuperNGine Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 2 |  | 16 |
|  | Deposits |  | 210 |  | 151 |
|  | Financial assets at fair value through profit or loss |  | 1996 |  | 1996 |
|  Desilo Inc. | Financial assets at fair value through profit or loss |  | 3168 |  | 3168 |
|  | Deposits |  | 2 |  | 2 |
|  Turing Co., Ltd. | Financial assets at fair value through profit or loss |  | 3000 |  | 3000 |
|  | Loans measured at amortized cost (gross amount) |  | 900 |  | 900 |
|  | Allowances for credit losses |  | 6 |  | 6 |
|  | Other assets |  | 2 |  | 2 |
|  | Deposits |  | 77 |  | 887 |

---

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Wemade Connect Co., Ltd. | Financial assets at fair value through profit or loss | W | 11857 | W | 11857 |
|  | Loans measured at amortized cost (gross amount) |  | 2 |  | 2 |
|  | Provisions |  | 6 |  | 6 |
|  | Deposits |  | 7093 |  | 5525 |
|  | Insurance liabilities |  | 2 |  | 2 |
|  | Other liabilities |  | 30 |  | 22 |
|  Nextrade Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 97 |  | 131 |
|  | Deposits |  | 1180 |  | 278 |
|  TMAP Mobility Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 84 |  | 116 |
|  | Allowances for credit losses |  | 2 |  | 2 |
|  | Deposits |  | 50001 |  | 1 |
|  | Insurance liabilities |  | 1 |  | 1 |
|  | Other liabilities |  | 88 |  | 178 |
|  | Provisions |  | 5 |  | 5 |
|  Grinergy Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 2 |  | 2 |
|  | Financial assets at fair value through profit or loss |  | 7297 |  | 7297 |
|  | Allowances for credit losses |  | 2 |  | 2 |
|  | Provisions |  | 1 |  |  |
|  NexThera Co., Ltd. | Financial assets at fair value through profit or loss |  | 3000 |  | 3000 |
|  FineKB Private Equity Fund No.1 | Other assets |  | 74 |  | 10 |
|  Paramark KB Fund No.1 | Other liabilities |  | 13 |  | 50 |
|  KB-Badgers Future Mobility ESG Fund No.1 | Other assets |  | 305 |  |  |
|  KB Social Impact Investment Fund | Other assets |  | 250 |  | 200 |
|  Checkmate Therapeutics Inc. | Financial assets at fair value through profit or loss |  | 3200 |  | 3200 |
|  | Insurance liabilities |  | 2 |  | 8 |
|  Hibiscus Fund LP | Financial assets at fair value through profit or loss |  | 12841 |  | 16540 |
|  | Other assets |  |  |  | 316 |
|  | Other liabilities |  | 115 |  |  |
|  RMG-KB BioAccess Fund L.P. | Financial assets at fair value through profit or loss |  | 18756 |  | 15709 |
|  | Other assets |  | 95 |  |  |
|  RMG-KB BP Management Ltd. | Financial assets at fair value through profit or loss |  | 574 |  | 494 |
|  KB Co-Investment Private Equity Fund No.1 | Other assets |  | 421 |  | 500 |
|  Neuroptika Inc. | Financial assets at fair value through profit or loss |  | 5879 |  | 5879 |
|  Bitgoeul Cheomdan Green 1st Co., Ltd. | Deposits |  | 1229 |  | 1242 |

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##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Bigwave Robotics Corp. \* | Loans measured at amortized cost (gross amount) | W | 77 | W | 60 |
|  Bigwave Robotics Corp. \* | Financial assets at fair value through profit or loss |  |  |  | 4290 |
|  Bigwave Robotics Corp. \* | Allowances for credit losses |  | 9 |  | 7 |
|  | Deposits |  |  |  | 364 |
|  | Provisions |  |  |  | 2 |
|  3D Interactive Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 11 |  | 2 |
|  | Financial assets at fair value through profit or loss |  | 159 |  | 159 |
|  | Deposits |  | 16 |  | 48 |
|  XL8 INC. | Financial assets at fair value through profit or loss |  | 5729 |  | 5729 |
|  Elev8-Capital Fund I | Financial assets at fair value through profit or loss |  | 19436 |  | 13877 |
|  New Daegu Busan Expressway Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 6 |  | 15 |
|  | Allowances for credit losses |  | 2 |  | 4 |
|  | Other assets |  | 1 |  |  |
|  | Provisions |  | 1 |  |  |
|  | Deposits |  | 90372 |  | 115401 |
|  | Other liabilities |  | 47 |  | 43 |
|  | Insurance liabilities |  | 351 |  | 27 |
|  AIM FUTURE, Inc. | Financial assets at fair value through profit or loss |  | 2000 |  | 2000 |
|  | Loans measured at amortized cost (gross amount) |  | 900 |  | 906 |
|  | Allowances for credit losses |  | 5 |  | 5 |
|  | Other assets |  | 1 |  | 1 |
|  | Deposits |  | 185 |  | 140 |
|  | Provisions |  | 2 |  | 2 |
|  Novorex Inc. | Financial assets at fair value through profit or loss |  | 4000 |  | 4000 |
|  Novorex Inc. | Loans measured at amortized cost (gross amount) |  | 21 |  | 14 |
|  Novorex Inc. | Allowances for credit losses |  | 6 |  | 4 |
|  | Other liabilities |  |  |  | 4 |
|  | Provisions |  | 1 |  | 2 |
|  | Deposits |  | 332 |  | 9674 |
|  Seokwang T&I Co., Ltd | Insurance liabilities |  | 1 |  | 2 |
|  ADP Holdings Co., Ltd. | Deposits |  | 265 |  | 263 |
|  | Other liabilities |  | 2 |  | 1 |

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------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  ADPGREEN | Loans measured at amortized cost (gross amount) | W | 19 | W | 23 |
|  ADPGREEN | Deposits |  | 5706 |  | 5302 |
|  ADPGREEN | Other liabilities |  | 19 |  | 33 |
|  ADPGREEN | Allowances for credit losses |  | 2 |  | 3 |
|  ADPGREEN | Provisions |  | 1 |  | 1 |
|  ADPGREEN | Insurance liabilities |  | 54 |  | 94 |
|  Logpresso Inc. | Financial assets at fair value through profit or loss |  | 9000 |  | 9000 |
|  Logpresso Inc. | Loans measured at amortized cost (gross amount) |  | 56 |  | 40 |
|  Logpresso Inc. | Deposits |  | 7502 |  | 7576 |
|  Logpresso Inc. | Other liabilities |  | 67 |  | 10 |
|  Onheal Co., Ltd. | Financial assets at fair value through profit or loss |  | 10000 |  | 10000 |
|  Ascent Global Fund III LP | Financial assets at fair value through profit or loss |  | 4222 |  | 3677 |
|  DYNE MEDICAL GROUP Inc. | Financial assets at fair value through profit or loss |  | 10503 |  | 3001 |
|  DYNE MEDICAL GROUP Inc. | Loans measured at amortized cost (gross amount) |  | 2046 |  | 2033 |
|  DYNE MEDICAL GROUP Inc. | Allowances for credit losses |  | 17 |  | 16 |
|  DYNE MEDICAL GROUP Inc. | Provisions |  | 4 |  | 5 |
|  DYNE MEDICAL GROUP Inc. | Other assets |  | 1 |  | 1 |
|  DYNE MEDICAL GROUP Inc. | Deposits |  | 15350 |  | 356 |
|  DYNE MEDICAL GROUP Inc. | Other liabilities |  | 66 |  | 6 |
|  DYNE MEDICAL GROUP Inc. | Insurance liabilities |  | 3 |  | 1 |
|  TriOar Inc. | Financial assets at fair value through profit or loss |  | 5000 |  | 5000 |
|  TriOar Inc. | Loans measured at amortized cost (gross amount) |  | 18 |  | 12 |
|  TriOar Inc. | Deposits |  | 1990 |  | 4088 |
|  TriOar Inc. | Other liabilities |  | 5 |  | 20 |
|  Coxwave Co., Ltd. | Financial assets at fair value through profit or loss |  | 3000 |  | 3000 |
|  SDT Inc. | Financial assets at fair value through profit or loss |  | 3873 |  | 3873 |
|  Yeoulhyulgangho | Financial assets at fair value through profit or loss |  | 500 |  | 500 |
|  Yeoulhyulgangho | Deposits |  | 1520 |  | 783 |
|  Yeoulhyulgangho | Other liabilities |  | 3 |  | 2 |
|  IMM global Secondary 1-1 Equity Private Fund | Insurance liabilities |  | 1 |  |  |
|  KB-VEP Contact Fund | Other assets |  | 15 |  | 15 |
|  Xpanner Inc. | Financial assets at fair value through profit or loss |  | 9908 |  | 9908 |
|  Xpanner Inc. | Insurance liabilities |  | 5 |  | 10 |
|  SD Speed Co., Ltd. | Insurance liabilities |  |  |  | 1 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Allra Fintech Corp. | Loans measured at amortized cost (gross amount) | W | 18 | W | 26 |
|  Allra Fintech Corp. | Allowances for credit losses |  | 89 |  | 3 |
|  Allra Fintech Corp. | Deposits |  |  |  | 33 |
|  Allra Fintech Corp. | Other assets |  | 4302 |  |  |
|  Allra Fintech Corp. | Provisions |  | 1 |  |  |
|  GCSM Holdings Limited | Financial assets at fair value through profit or loss |  | 8833 |  | 8833 |
|  KB Rejuvenation Fund | Other assets |  | 37 |  | 38 |
|  FineKB Private Equity Fund No.2 | Other assets |  | 17 |  | 35 |
|  Koru Pharma Co., Ltd. \* | Financial assets at fair value through profit or loss |  |  |  | 7890 |
|  Koru Pharma Co., Ltd. \* | Deposits |  |  |  | 197 |
|  Koru Pharma Co., Ltd. \* | Insurance liabilities |  |  |  | 12 |
|  WhaTap Laps Inc. | Loans measured at amortized cost (gross amount) |  | 1069 |  | 1091 |
|  WhaTap Laps Inc. | Financial assets at fair value through profit or loss |  | 6259 |  | 6259 |
|  WhaTap Laps Inc. | Other assets |  | 2 |  | 1 |
|  WhaTap Laps Inc. | Allowances for credit losses |  | 14 |  | 16 |
|  WhaTap Laps Inc. | Provisions |  | 12 |  | 11 |
|  WhaTap Laps Inc. | Deposits |  | 1285 |  | 2814 |
|  WhaTap Laps Inc. | Other liabilities |  | 3 |  | 75 |
|  Streami Inc. | Financial assets at fair value through profit or loss |  | 3047 |  | 3047 |
|  Lemontree Inc. | Financial assets at fair value through profit or loss |  | 999 |  | 999 |
|  Lemontree Inc. | Other assets |  | 4 |  |  |
|  Lemontree Inc. | Deposits |  | 12 |  | 536 |
|  Lemontree Inc. | Provisions |  |  |  | 2 |
|  GAME TALES | Financial assets at fair value through profit or loss |  | 3000 |  | 3000 |
|  HyperAccel Co., Ltd. | Financial assets at fair value through profit or loss |  | 8500 |  | 8500 |
|  HyperAccel Co., Ltd. | Deposits |  | 513 |  |  |
|  Aldaver | Financial assets at fair value through profit or loss |  | 2000 |  | 2000 |
|  Aldaver | Deposits |  | 827 |  | 821 |
|  Aldaver | Other liabilities |  | 3 |  | 4 |
|  enParticle Co., Ltd | Financial assets at fair value through profit or loss |  | 2000 |  | 2000 |
|  enParticle Co., Ltd | Deposits |  | 1084 |  | 1696 |
|  ALL ROUND DOCTORS Inc. | Financial assets at fair value through profit or loss |  | 2000 |  | 2000 |
|  Emocog Inc. | Financial assets at fair value through profit or loss |  | 4000 |  | 4000 |
|  Emocog Inc. | Deposits |  | 501 |  | 704 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  ANTIGRAVITY | Financial assets at fair value through profit or loss | W | 374 | W | 374 |
|  ANTIGRAVITY | Loans measured at amortized cost (gross amount) |  | 37 |  | 38 |
|  ANTIGRAVITY | Allowances for credit losses |  | 1 |  | 1 |
|  ANTIGRAVITY | Deposits |  | 12 |  | 82 |
|  ByL | Loans measured at amortized cost (gross amount) |  | 16 |  |  |
|  ByL | Financial assets at fair value through profit or loss |  | 14967 |  | 14967 |
|  ByL | Deposits |  | 7578 |  | 8968 |
|  ByL | Other liabilities |  | 93 |  | 55 |
|  KB a2z 2025 Fund | Other assets |  | 38 |  | 24 |
|  Semicolon Susong REITs Co., Ltd. | Loans measured at amortized cost (gross amount) |  | 24945 |  | 24933 |
|  Semicolon Susong REITs Co., Ltd. | Allowances for credit losses |  | 5 |  | 5 |
|  Semicolon Susong REITs Co., Ltd. | Other assets |  | 167 |  | 173 |
|  Semicolon Susong REITs Co., Ltd. | Insurance liabilities |  | 2 |  | 9 |
|  K-1 23th yeoksam Real Estate Investment Trust company Itd | Insurance liabilities |  | 1 |  | 3 |
|  IMT TECHNOLOGY CO., LTD. | Insurance liabilities |  | 1 |  | 1 |
|  VP Inc. | Loans measured at amortized cost (gross amount) |  |  |  | 2 |
|  VP Inc. | Other assets |  | 58 |  |  |
|  VP Inc. | Other liabilities |  | 109 |  | 109 |
|  VP Inc. | Insurance liabilities |  | 1 |  | 1 |
|  VP Inc. | Deposits |  | 1 |  | 51 |
|  eRoun & company Co., Ltd \* | Deposits |  |  |  | 1127 |
|  eRoun & company Co., Ltd \* | Other liabilities |  |  |  | 7 |
|  RUMIKEU Holdings Inc. | Deposits |  | 104 |  | 11 |
|  enscape Co., Ltd | Financial assets at fair value through profit or loss |  | 7000 |  |  |
|  Break & Company Inc. | Financial assets at fair value through profit or loss |  | 1999 |  |  |
|  Break & Company Inc. | Deposits |  | 30 |  |  |
|  Penta BM Investment Fund 1 | Financial assets at fair value through profit or loss |  | 6111 |  |  |
|  MM Korea Beauty Co-Invest Private Equity Fund | Deposits |  | 150 |  |  |
|  MM Korea Beauty Co-Invest Private Equity Fund | Other liabilities |  | 1 |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  **Key management personnel** |  |  |  |  |  |
|  Key management personnel | Loans measured at amortized cost (gross amount) | W | 6511 | W | 9248 |
|  Key management personnel | Allowances for credit losses |  | 24 |  | 24 |
|  Key management personnel | Other assets |  | 7 |  | 9 |
|  Key management personnel | Deposits |  | 19943 |  | 12740 |
|  Key management personnel | Provisions |  |  |  | 1 |
|  Key management personnel | Insurance liabilities |  | 3722 |  | 2927 |
|  Key management personnel | Other liabilities |  | 382 |  | 362 |
|  Retirement pension | Other assets |  | 557 |  | 632 |
|  Retirement pension | Other liabilities |  | 484 |  | 1154 |

---

\* Excluded from the Group's related party as of March 31, 2026, therefore, the remaining outstanding balances with those entities are not disclosed.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.3 Details of significant lending transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Beginning** | **Beginning** | **Loan** | **Loan** | **Collection** | **Collection** | **Ending** | **Ending** |
|  **Associates and joint ventures** |  |  |  |  |  |  |  |  |
|  Korea Credit Bureau Co., Ltd. | W | 41 | W | 292 | W | (41) | W | 292 |
|  Incheon Bridge Co., Ltd. |  | 93723 |  | 18 |  | (3367) |  | 90374 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 |  | 149597 |  | 74 |  |  |  | 149671 |
|  Food Factory Co., Ltd. |  | 2941 |  | 7 |  | (121) |  | 2827 |
|  Big Dipper Co., Ltd. |  | 23 |  | 24 |  | (23) |  | 24 |
|  RMGP Bio-Pharma Investment Fund, L.P. |  | 2432 |  | 38 |  |  |  | 2470 |
|  RMGP Bio-Pharma Investment, L.P. |  | 22 |  |  |  |  |  | 22 |
|  UPRISE, Inc. |  | 1934 |  |  |  |  |  | 1934 |
|  Stratio, Inc. |  | 1000 |  |  |  |  |  | 1000 |
|  HonestAl Co., LTD. |  | 382 |  |  |  |  |  | 382 |
|  CellinCells Co., Ltd. \* |  | 3 |  | 2 |  | (3) |  | 2 |
|  KB No.25 Special Purpose Acquisition Company |  | 1915 |  |  |  | (1140) |  | 775 |
|  KB No.27 Special Purpose Acquisition Company |  | 6282 |  | 166 |  |  |  | 6448 |
|  KB No.29 Special Purpose Acquisition Company |  | 3159 |  | 41 |  |  |  | 3200 |
|  KB No.30 Special Purpose Acquisition Company |  | 2893 |  | 137 |  |  |  | 3030 |
|  KB No.31 Special Purpose Acquisition Company |  | 4478 |  | 228 |  |  |  | 4706 |
|  KB No.33 Special Purpose Acquisition Company |  | 4304 |  | 145 |  |  |  | 4449 |
|  Channel Corporation |  | 15719 |  |  |  |  |  | 15719 |
|  Bioprotect Ltd. |  | 5606 |  |  |  |  |  | 5606 |
|  ASSEMBLE CORPORATION |  | 5862 |  | 10 |  | (112) |  | 5760 |
|  Go2joy Co., Ltd. |  | 1200 |  |  |  |  |  | 1200 |
|  S&E Bio Co., Ltd. |  | 6009 |  |  |  | (9) |  | 6000 |
|  Bluepointpartners Inc. \* |  | 1667 |  |  |  | (1667) |  |  |
|  Xenohelix Co., Ltd. |  | 3655 |  | 5 |  | (60) |  | 3600 |
|  Contents First Inc. |  | 21687 |  | 20 |  | (20) |  | 21687 |
|  KB-MDI Centauri Fund LP |  | 19026 |  |  |  |  |  | 19026 |
|  OKXE Inc. |  | 2722 |  |  |  |  |  | 2722 |
|  Checkmate Therapeutics Inc. |  | 3200 |  |  |  |  |  | 3200 |
|  IMBiologics Corp. \* |  | 13145 |  | 2 |  | (13145) |  | 2 |
|  Spark Biopharma Inc. \* |  | 4572 |  | 20 |  | (4572) |  | 20 |
|  Pin Therapeutics Inc. |  | 7020 |  | 32 |  | (20) |  | 7032 |
|  Hibiscus Fund LP |  | 16540 |  |  |  | (3699) |  | 12841 |
|  SuperNGine Co., Ltd. |  | 2012 |  | 2 |  | (16) |  | 1998 |
|  Desilo Inc. |  | 3168 |  |  |  |  |  | 3168 |
|  RMG-KB BioAccess Fund L.P. |  | 15709 |  | 3047 |  |  |  | 18756 |
|  RMG-KB BP Management Ltd. |  | 494 |  | 80 |  |  |  | 574 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.3 Details of significant lending transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Beginning** | **Beginning** | **Loan** | **Loan** | **Collection** | **Collection** | **Ending** | **Ending** |
|  Turing Co., Ltd. | W | 3900 | W |  | W |  | W | 3900 |
|  Grinergy Co., Ltd. |  | 7299 |  | 2 |  | (2) |  | 7299 |
|  NexThera Co., Ltd. |  | 3000 |  |  |  |  |  | 3000 |
|  Wemade Connect Co., Ltd. |  | 11859 |  | 2 |  | (2) |  | 11859 |
|  TMAP Mobility Co., Ltd. |  | 116 |  | 84 |  | (116) |  | 84 |
|  Neuroptika Inc. |  | 5879 |  |  |  |  |  | 5879 |
|  Bigwave Robotics Corp. \* |  | 4350 |  | 77 |  | (4350) |  | 77 |
|  3D Interactive Co., Ltd. |  | 161 |  | 11 |  | (2) |  | 170 |
|  XL8 INC. |  | 5729 |  |  |  |  |  | 5729 |
|  Elev8-Capital Fund I |  | 13877 |  | 5559 |  |  |  | 19436 |
|  AIM FUTURE, Inc. |  | 2906 |  |  |  | (6) |  | 2900 |
|  New Daegu Busan Expressway Co., Ltd. |  | 15 |  | 6 |  | (15) |  | 6 |
|  Novorex Inc. |  | 4014 |  | 21 |  | (14) |  | 4021 |
|  Logpresso Inc. |  | 9040 |  | 56 |  | (40) |  | 9056 |
|  Onheal Co., Ltd. |  | 10000 |  |  |  |  |  | 10000 |
|  Ascent Global Fund III LP |  | 3677 |  | 545 |  |  |  | 4222 |
|  DYNE MEDICAL GROUP Inc. |  | 5034 |  | 7548 |  | (33) |  | 12549 |
|  TriOar Inc. |  | 5012 |  | 18 |  | (12) |  | 5018 |
|  Coxwave Co., Ltd. |  | 3000 |  |  |  |  |  | 3000 |
|  SDT Inc. |  | 3873 |  |  |  |  |  | 3873 |
|  Yeoulhyulgangho |  | 500 |  |  |  |  |  | 500 |
|  ADPGREEN |  | 23 |  | 19 |  | (23) |  | 19 |
|  Xpanner Inc. |  | 9908 |  |  |  |  |  | 9908 |
|  GCSM Holdings Limited |  | 8833 |  |  |  |  |  | 8833 |
|  Koru Pharma Co., Ltd. \* |  | 7890 |  |  |  | (7890) |  |  |
|  WhaTap Laps Inc. |  | 7350 |  | 93 |  | (115) |  | 7328 |
|  Lemontree Inc. |  | 999 |  | 1 |  | (1) |  | 999 |
|  GAME TALES |  | 3000 |  |  |  |  |  | 3000 |
|  Streami Inc. |  | 3047 |  |  |  |  |  | 3047 |
|  ANTIGRAVITY |  | 412 |  | 3 |  | (4) |  | 411 |
|  HyperAccel Co., Ltd. |  | 8500 |  |  |  |  |  | 8500 |
|  Aldaver |  | 2000 |  |  |  |  |  | 2000 |
|  enParticle Co., Ltd |  | 2000 |  |  |  |  |  | 2000 |
|  ALL ROUND DOCTORS Inc. |  | 2000 |  |  |  |  |  | 2000 |
|  Emocog Inc. |  | 4000 |  |  |  |  |  | 4000 |
|  ByL |  | 14967 |  | 16 |  |  |  | 14983 |
|  Allra Fintech Corp. |  | 26 |  | 18 |  | (26) |  | 18 |
|  Nextrade Co., Ltd. |  | 131 |  | 97 |  | (131) |  | 97 |
|  VP Inc. |  | 2 |  |  |  | (2) |  |  |
|  Balhae Infrastructure Company |  | 85000 |  |  |  | (81000) |  | 4000 |
|  Semicolon Susong REITs Co., Ltd. |  | 24933 |  | 12 |  |  |  | 24945 |
|  enscape Co., Ltd |  |  |  | 7000 |  |  |  | 7000 |
|  Break & Company Inc. |  |  |  | 1999 |  |  |  | 1999 |
|  Penta BM Investment Fund 1 |  |  |  | 6111 |  |  |  | 6111 |
|  **Key management personnel** |  | 9248 |  | 1276 |  | (4013) |  | 6511 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.3 Details of significant lending transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Beginning** | **Beginning** | **Loan** | **Loan** | **Collection** | **Collection** | **Ending** | **Ending** |
|  **Associates and joint ventures** |  |  |  |  |  |  |  |  |
|  Korea Credit Bureau Co., Ltd. | W | 36 | W | 156 | W | (36) | W | 156 |
|  Incheon Bridge Co., Ltd. |  | 105423 |  | 261 |  | (2637) |  | 103047 |
|  Star-Lord General Investors Private Real Estate Investment Company No.10 |  | 149898 |  | 78 |  |  |  | 149976 |
|  Food Factory Co., Ltd. |  | 1764 |  | 12 |  | (116) |  | 1660 |
|  Big Dipper Co., Ltd. |  | 43 |  | 9 |  | (43) |  | 9 |
|  RMGP Bio-Pharma Investment Fund, L.P. |  | 7205 |  |  |  | (863) |  | 6342 |
|  RMGP Bio-Pharma Investment, L.P. |  | 25 |  |  |  | (2) |  | 23 |
|  Wyatt Corp. \* |  | 3000 |  |  |  | (3000) |  |  |
|  Banksalad Co., Ltd. \* |  | 2059 |  |  |  |  |  | 2059 |
|  UPRISE, Inc. |  | 1817 |  |  |  |  |  | 1817 |
|  Stratio, Inc. |  | 1000 |  |  |  |  |  | 1000 |
|  HonestAl Co., LTD. |  | 442 |  |  |  | (442) |  |  |
|  CellinCells Co., Ltd. \* |  | 2001 |  | 5 |  | (1) |  | 2005 |
|  KB No.21 Special Purpose Acquisition Company \* |  | 3122 |  |  |  | (1832) |  | 1290 |
|  KB No.25 Special Purpose Acquisition Company |  | 1850 |  | 65 |  |  |  | 1915 |
|  KB No.26 Special Purpose Acquisition Company \* |  | 2150 |  | 966 |  |  |  | 3116 |
|  KB No.27 Special Purpose Acquisition Company |  | 5877 |  | 151 |  |  |  | 6028 |
|  KB No.28 Special Purpose Acquisition Company \* |  | 2113 |  | 54 |  |  |  | 2167 |
|  KB No.29 Special Purpose Acquisition Company |  | 3015 |  | 72 |  |  |  | 3087 |
|  KB No.30 Special Purpose Acquisition Company |  | 2835 |  | 51 |  |  |  | 2886 |
|  KB No.31 Special Purpose Acquisition Company |  | 4301 |  | 151 |  |  |  | 4452 |
|  Channel Corporation |  | 20141 |  |  |  | (5886) |  | 14255 |
|  MitoImmune Therapeutics |  | 1574 |  |  |  |  |  | 1574 |
|  Bioprotect Ltd. |  | 4628 |  |  |  |  |  | 4628 |
|  ASSEMBLE CORPORATION |  | 6021 |  | 19 |  | (21) |  | 6019 |
|  Go2joy Co., Ltd. |  | 1200 |  |  |  |  |  | 1200 |
|  S&E Bio Co., Ltd. |  | 6016 |  | 19 |  | (16) |  | 6019 |
|  Bluepointpartners Inc. \* |  | 1636 |  |  |  |  |  | 1636 |
|  Xenohelix Co., Ltd. |  | 3104 |  | 554 |  | (4) |  | 3654 |
|  Contents First Inc. |  | 23278 |  | 77 |  | (65) |  | 23290 |
|  KB-MDI Centauri Fund LP |  | 21058 |  |  |  |  |  | 21058 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.3 Details of significant lending transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Beginning** | **Beginning** | **Loan** | **Loan** | **Collection** | **Collection** | **Ending** | **Ending** |
|  OKXE Inc. | W | 2722 | W |  | W |  | W | 2722 |
|  Checkmate Therapeutics Inc. |  | 3200 |  |  |  |  |  | 3200 |
|  Newavel Co., Ltd. |  | 20 |  | 15 |  | (20) |  | 15 |
|  IMBiologics Corp. \* |  | 7002 |  | 1 |  | (2) |  | 7001 |
|  Spark Biopharma Inc. \* |  | 4649 |  | 26 |  | (15) |  | 4660 |
|  Pin Therapeutics Inc. |  | 7029 |  | 45 |  | (29) |  | 7045 |
|  Hibiscus Fund LP |  | 14717 |  |  |  |  |  | 14717 |
|  SuperNGine Co., Ltd. |  | 2478 |  | 2 |  | (2) |  | 2478 |
|  Desilo Inc. |  | 3468 |  |  |  |  |  | 3468 |
|  RMG-KB BioAccess Fund L.P. |  | 9379 |  | 646 |  |  |  | 10025 |
|  RMG-KB BP Management Ltd. |  | 344 |  | 17 |  |  |  | 361 |
|  Turing Co., Ltd. |  | 3900 |  |  |  |  |  | 3900 |
|  Kukka Co., Ltd. \* |  | 2490 |  |  |  |  |  | 2490 |
|  Grinergy Co., Ltd. |  | 1 |  |  |  | (1) |  |  |
|  NexThera Co., Ltd. |  | 3000 |  |  |  |  |  | 3000 |
|  Chabot Mobility Co., Ltd. \* |  | 2580 |  |  |  |  |  | 2580 |
|  TeamSparta Inc. \* |  | 4006 |  | 10 |  | (5) |  | 4011 |
|  FutureConnect Co., Ltd. \* |  | 1499 |  |  |  |  |  | 1499 |
|  Wemade Connect Co., Ltd. |  | 7495 |  | 35 |  | (29) |  | 7501 |
|  TMAP Mobility Co., Ltd. |  | 73 |  | 50 |  | (73) |  | 50 |
|  Spoonlabs Co., Ltd. \* |  | 15006 |  |  |  |  |  | 15006 |
|  Neuroptika Inc. |  | 5879 |  |  |  |  |  | 5879 |
|  Bigwave Robotics Corp. \* |  | 2789 |  | 40 |  | (39) |  | 2790 |
|  3D Interactive Co., Ltd. |  | 2306 |  | 2 |  | (6) |  | 2302 |
|  XL8 INC. |  | 5869 |  |  |  |  |  | 5869 |
|  Elev8-Capital Fund I |  | 16250 |  |  |  |  |  | 16250 |
|  AIM FUTURE, Inc. |  | 2908 |  | 2 |  | (8) |  | 2902 |
|  New Daegu Busan Expressway Co., Ltd. |  | 24264 |  | 10 |  | (12140) |  | 12134 |
|  Novorex Inc. |  | 2008 |  | 14 |  | (8) |  | 2014 |
|  Logpresso Inc. |  | 3031 |  | 38 |  | (31) |  | 3038 |
|  Onheal Co., Ltd. |  | 10000 |  |  |  |  |  | 10000 |
|  Ascent Global Fund III LP |  | 3767 |  |  |  |  |  | 3767 |
|  DYNE MEDICAL GROUP Inc. |  | 5023 |  | 21 |  | (15) |  | 5029 |
|  TriOar Inc. |  | 3016 |  | 9 |  | (16) |  | 3009 |
|  Coxwave Co., Ltd. |  | 3000 |  |  |  |  |  | 3000 |
|  SDT Inc. |  | 3105 |  |  |  |  |  | 3105 |
|  Yeoulhyulgangho |  | 500 |  |  |  |  |  | 500 |
|  ADPGREEN |  | 25 |  | 18 |  | (25) |  | 18 |
|  Xpanner Inc. |  | 9673 |  |  |  |  |  | 9673 |
|  GCSM Holdings Limited |  | 9506 |  |  |  |  |  | 9506 |
|  Qoala \* |  | 6554 |  |  |  |  |  | 6554 |
|  Allra Fintech Corp. |  |  |  | 19 |  |  |  | 19 |
|  Koru Pharma Co., Ltd. \* |  |  |  | 7890 |  |  |  | 7890 |
|  **Key management personnel** |  | 7125 |  | 1366 |  | (2362) |  | 6129 |

---

\* Excluded from the Group's related party as of March 31, 2026.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.4 Details of significant borrowing transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Beginning** | **Beginning** | **Borrowing** | **Borrowing** | **Repayment** | **Repayment** | **Others <sup>1</sup>** | **Others <sup>1</sup>** | **Ending** | **Ending** |
|  **Associates and joint ventures** |  |  |  |  |  |  |  |  |  |  |
|  Korea Credit Bureau Co., Ltd. | W | 36968 | W |  | W |  | W | (32994) | W | 3974 |
|  Incheon Bridge Co., Ltd. |  | 70470 |  |  |  |  |  | (16003) |  | 54467 |
|  Jungdo Co., Ltd. |  | 4 |  |  |  |  |  |  |  | 4 |
|  Skydigital Inc. |  | 1 |  |  |  |  |  | 4 |  | 5 |
|  Aju Good Technology Venture Fund |  | 39 |  |  |  |  |  |  |  | 39 |
|  KB-KDBC Pre-IPO New Technology Business Investment Fund |  | 270 |  |  |  |  |  |  |  | 270 |
|  WJ Private Equity Fund No.1 |  | 36 |  |  |  |  |  | (2) |  | 34 |
|  KB No.25 Special Purpose Acquisition Company |  | 1604 |  |  |  |  |  | (10) |  | 1594 |
|  KB No.27 Special Purpose Acquisition Company |  | 4675 |  | 4647 |  | (4600) |  | (31) |  | 4691 |
|  KB No.29 Special Purpose Acquisition Company |  | 2348 |  |  |  |  |  | (5) |  | 2343 |
|  KB No.30 Special Purpose Acquisition Company |  | 1788 |  |  |  |  |  | (8) |  | 1780 |
|  KB No.31 Special Purpose Acquisition Company |  | 2310 |  |  |  |  |  | (8) |  | 2302 |
|  KB No.32 Special Purpose Acquisition Company |  | 2315 |  |  |  |  |  | (7) |  | 2308 |
|  KB No.33 Special Purpose Acquisition Company |  | 2835 |  |  |  |  |  | (8) |  | 2827 |
|  Food Factory Co., Ltd. |  | 604 |  |  |  |  |  | (73) |  | 531 |
|  Big Dipper Co., Ltd. |  | 51 |  |  |  |  |  | (1) |  | 50 |
|  ASSEMBLE CORPORATION |  | 19 |  |  |  |  |  |  |  | 19 |
|  S&E Bio Co., Ltd. |  | 224 |  |  |  | (50) |  | (65) |  | 109 |
|  Contents First Inc. |  | 133 |  |  |  |  |  | 82 |  | 215 |
|  Newavel Co., Ltd. |  | 1 |  |  |  |  |  |  |  | 1 |
|  Pin Therapeutics Inc. |  | 850 |  |  |  |  |  | (812) |  | 38 |
|  Spark Biopharma Inc. <sup>2</sup>  |  | 1145 |  | 8900 |  | (1861) |  | (8184) |  |  |
|  SuperNGine Co., Ltd. |  | 151 |  |  |  |  |  | 59 |  | 210 |
|  Desilo Inc. |  | 2 |  |  |  |  |  |  |  | 2 |
|  Turing Co., Ltd. |  | 887 |  |  |  |  |  | (810) |  | 77 |
|  TMAP Mobility Co., Ltd. |  | 1 |  | 50000 |  |  |  |  |  | 50001 |
|  Nextrade Co., Ltd. |  | 278 |  |  |  |  |  | 902 |  | 1180 |
|  Wemade Connect Co., Ltd. |  | 5525 |  | 4452 |  | (2000) |  | (884) |  | 7093 |
|  Bitgoeul Cheomdan Green 1st Co., Ltd. |  | 1242 |  |  |  |  |  | (13) |  | 1229 |
|  Bigwave Robotics Corp. <sup>2</sup>  |  | 364 |  |  |  |  |  | (364) |  |  |
|  3D Interactive Co., Ltd. |  | 48 |  |  |  |  |  | (32) |  | 16 |
|  AIM FUTURE, Inc. |  | 140 |  |  |  |  |  | 45 |  | 185 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.4 Details of significant borrowing transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Beginning** | **Beginning** | **Borrowing** | **Borrowing** | **Repayment** | **Repayment** | **Others <sup>1</sup>** | **Others <sup>1</sup>** | **Ending** | **Ending** |
| &nbsp;&nbsp;&nbsp;&nbsp; New Daegu Busan Expressway Co., Ltd. | W | 115401 | W |  | W |  | W | (25029) | W | 90372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Novorex Inc. |  | 9674 |  |  |  |  |  | (9342) |  | 332 |
| &nbsp;&nbsp;&nbsp;&nbsp; Xenohelix Co., Ltd. |  | 40 |  |  |  |  |  | 536 |  | 576 |
| &nbsp;&nbsp;&nbsp;&nbsp; ADP Holdings Co., Ltd. |  | 263 |  | 264 |  | (260) |  | (2) |  | 265 |
| &nbsp;&nbsp;&nbsp;&nbsp; ADPGREEN |  | 5302 |  | 5500 |  | (5100) |  | 4 |  | 5706 |
| &nbsp;&nbsp;&nbsp;&nbsp; Logpresso Inc. |  | 7576 |  |  |  |  |  | (74) |  | 7502 |
| &nbsp;&nbsp;&nbsp;&nbsp; DYNE MEDICAL GROUP Inc. |  | 356 |  | 18000 |  | (4000) |  | 994 |  | 15350 |
| &nbsp;&nbsp;&nbsp;&nbsp; TriOar Inc. |  | 4088 |  | 1000 |  | (2000) |  | (1098) |  | 1990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Yeoulhyulgangho |  | 783 |  | 1000 |  | (500) |  | 237 |  | 1520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Allra Fintech Corp. |  | 33 |  |  |  |  |  | (33) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Koru Pharma Co., Ltd. <sup>2</sup>  |  | 197 |  |  |  |  |  | (197) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Emocog Inc. |  | 704 |  |  |  |  |  | (203) |  | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp; WhaTap Laps Inc. |  | 2814 |  | 1000 |  | (2650) |  | 121 |  | 1285 |
| &nbsp;&nbsp;&nbsp;&nbsp; Aldaver |  | 821 |  | 1653 |  | (1647) |  |  |  | 827 |
| &nbsp;&nbsp;&nbsp;&nbsp; Lemontree Inc. |  | 536 |  |  |  |  |  | (524) |  | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp; enParticle Co., Ltd |  | 1696 |  |  |  |  |  | (612) |  | 1084 |
| &nbsp;&nbsp;&nbsp;&nbsp; ANTIGRAVITY |  | 82 |  |  |  |  |  | (70) |  | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp; ByL |  | 8968 |  | 1800 |  | (2800) |  | (390) |  | 7578 |
| &nbsp;&nbsp;&nbsp;&nbsp; eRoun & company Co., Ltd <sup>2</sup>  |  | 1127 |  |  |  | (300) |  | (827) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; VP Inc. |  | 51 |  |  |  |  |  | (50) |  | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp; RUMIKEU Holdings Inc. |  | 11 |  |  |  |  |  | 93 |  | 104 |
| &nbsp;&nbsp;&nbsp;&nbsp; MM Korea Beauty Co-Invest Private Equity Fund |  |  |  | 150 |  |  |  |  |  | 150 |
| &nbsp;&nbsp;&nbsp;&nbsp; Break & Company Inc. |  |  |  |  |  |  |  | 30 |  | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp; HyperAccel Co., Ltd. |  |  |  |  |  |  |  | 513 |  | 513 |
|  **Key management personnel** |  | 12740 |  | 2427 |  | (766) |  | 5542 |  | 19943 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.4 Details of significant borrowing transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Beginning** | **Beginning** | **Borrowing** | **Borrowing** | **Repayment** | **Repayment** | **Others <sup>1</sup>** | **Others <sup>1</sup>** | **Ending** | **Ending** |
|  **Associates and joint ventures** |  |  |  |  |  |  |  |  |  |  |
|  Korea Credit Bureau Co., Ltd. | W | 40570 | W |  | W |  | W | (37942) | W | 2628 |
|  Incheon Bridge Co., Ltd. |  | 43867 |  | 7000 |  |  |  | (13125) |  | 37742 |
|  Jungdo Co., Ltd. |  | 4 |  |  |  |  |  |  |  | 4 |
|  Iwon Alloy Co., Ltd. |  | 2 |  |  |  |  |  | (2) |  |  |
|  Skydigital Inc. |  | 30 |  |  |  |  |  | (16) |  | 14 |
|  Aju Good Technology Venture Fund |  | 1809 |  |  |  |  |  | (1770) |  | 39 |
|  KB-KDBC Pre-IPO New Technology Business Investment Fund |  | 39 |  |  |  |  |  | (16) |  | 23 |
|  WJ Private Equity Fund No.1 |  | 46 |  |  |  |  |  | (2) |  | 44 |
|  KB No.21 Special Purpose Acquisition Company <sup>2</sup>  |  | 2247 |  |  |  |  |  | (40) |  | 2207 |
|  KB No.25 Special Purpose Acquisition Company |  | 1545 |  |  |  | (30) |  | 25 |  | 1540 |
|  KB No.26 Special Purpose Acquisition Company <sup>2</sup>  |  | 1763 |  |  |  | (110) |  | (1653) |  |  |
|  KB No.27 Special Purpose Acquisition Company |  | 4613 |  |  |  |  |  | (41) |  | 4572 |
|  KB No.28 Special Purpose Acquisition Company <sup>2</sup>  |  | 1910 |  |  |  |  |  | (9) |  | 1901 |
|  KB No.29 Special Purpose Acquisition Company |  | 2338 |  |  |  |  |  | (13) |  | 2325 |
|  KB No.30 Special Purpose Acquisition Company |  | 1786 |  |  |  |  |  | (7) |  | 1779 |
|  KB No.31 Special Purpose Acquisition Company |  | 2352 |  |  |  |  |  | (6) |  | 2346 |
|  RAND Bio Science Co., Ltd. <sup>2</sup>  |  | 4 |  |  |  |  |  | (4) |  |  |
|  Food Factory Co., Ltd. |  | 907 |  |  |  |  |  | (335) |  | 572 |
|  Big Dipper Co., Ltd. |  | 123 |  |  |  |  |  | (93) |  | 30 |
|  Wyatt Corp. <sup>2</sup>  |  | 1 |  |  |  |  |  | (1) |  |  |
|  CellinCells Co., Ltd. <sup>2</sup>  |  | 13 |  |  |  |  |  | 33 |  | 46 |
|  ASSEMBLE CORPORATION |  | 18 |  |  |  |  |  | 1 |  | 19 |
|  S&E Bio Co., Ltd. |  | 772 |  | 430 |  | (50) |  | (306) |  | 846 |
|  4N Inc. |  | 4 |  |  |  |  |  | (4) |  |  |
|  Contents First Inc. |  | 729 |  |  |  |  |  | (426) |  | 303 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.4 Details of significant borrowing transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Beginning** | **Beginning** | **Borrowing** | **Borrowing** | **Repayment** | **Repayment** | **Others <sup>1</sup>** | **Others <sup>1</sup>** | **Ending** | **Ending** |
|  Pin Therapeutics Inc. | W | 11133 | W |  | W | (4000) | W | (938) | W | 6195 |
|  Spark Biopharma Inc. <sup>2</sup>  |  | 4759 |  | 4394 |  | (4857) |  | (156) |  | 4140 |
|  SuperNGine Co., Ltd. |  | 217 |  |  |  |  |  | 109 |  | 326 |
|  Desilo Inc. |  | 3 |  |  |  |  |  | 3 |  | 6 |
|  Turing Co., Ltd. |  | 819 |  |  |  |  |  | (544) |  | 275 |
|  TMAP Mobility Co., Ltd. |  | 100010 |  | 100000 |  | (100000) |  | (6) |  | 100004 |
|  Nextrade Co., Ltd. |  | 15281 |  |  |  |  |  | 262 |  | 15543 |
|  ZIPDOC Inc. <sup>2</sup>  |  | 1 |  |  |  |  |  | (1) |  |  |
|  TeamSparta Inc. <sup>2</sup>  |  | 18635 |  |  |  |  |  | (2775) |  | 15860 |
|  Chabot Mobility Co., Ltd. <sup>2</sup>  |  | 631 |  |  |  |  |  | 371 |  | 1002 |
|  Wemade Connect Co., Ltd. |  | 5465 |  | 5019 |  | (3000) |  | 1742 |  | 9226 |
|  Channel Corporation |  | 6 |  |  |  |  |  |  |  | 6 |
|  Bitgoeul Cheomdan Green 1st Co., Ltd. |  | 1239 |  |  |  |  |  | 9 |  | 1248 |
|  Bigwave Robotics Corp. <sup>2</sup>  |  | 501 |  |  |  | (501) |  |  |  |  |
|  3D Interactive Co., Ltd. |  | 1779 |  |  |  |  |  | (1648) |  | 131 |
|  AIM FUTURE, Inc. |  | 760 |  |  |  |  |  | (417) |  | 343 |
|  New Daegu Busan Expressway Co., Ltd. |  | 150007 |  | 61000 |  | (61000) |  | 5095 |  | 155102 |
|  Novorex Inc. |  | 6 |  |  |  |  |  |  |  | 6 |
|  Xenohelix Co., Ltd. |  | 302 |  |  |  |  |  | 29 |  | 331 |
|  ADP Holdings Co., Ltd. |  | 2058 |  | 2029 |  | (2057) |  | 8 |  | 2038 |
|  ADPGREEN |  | 1802 |  | 750 |  | (550) |  | 97 |  | 2099 |
|  Logpresso Inc. |  | 457 |  | 574 |  | (300) |  | (319) |  | 412 |
|  DYNE MEDICAL GROUP Inc. |  | 3813 |  | 2000 |  | (2500) |  | (849) |  | 2464 |
|  Onheal Co., Ltd. |  | 5001 |  |  |  |  |  | (5000) |  | 1 |
|  TriOar Inc. |  | 6054 |  | 1000 |  | (2500) |  | (11) |  | 4543 |
|  Yeoulhyulgangho |  | 456 |  | 130 |  | (200) |  | 87 |  | 473 |
|  Allra Fintech Corp. |  | 1671 |  | 2000 |  | (2000) |  | 413 |  | 2084 |
|  Koru Pharma Co., Ltd. <sup>2</sup>  |  |  |  |  |  |  |  | 38 |  | 38 |
|  **Key management personnel** |  | 15365 |  | 9238 |  | (7817) |  | 231 |  | 17017 |

---

<sup>1</sup> Transactions between related parties, such as settlements arising from operating activities and deposits, are expressed in net amount. 

<sup>2</sup> Excluded from the Group's related party as of March 31, 2026.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.5 Details of significant investment and withdrawal transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2025** | **2025** | **2025** | **2025** |
| *(In millions of Korean won)* | **Equity<br>investment<br>and others** | **Equity<br>investment<br>and others** | **Withdrawal<br>and others** | **Withdrawal<br>and others** | **Equity<br>investment<br>and others** | **Equity<br>investment<br>and others** | **Withdrawal<br>and others** | **Withdrawal<br>and others** |
|  Balhae Infrastructure Company | W |  | W | 4660 | W |  | W | 4660 |
|  POSCO-KB Shipbuilding Fund |  |  |  | 850 |  |  |  | 250 |
|  KB-KDBC Pre-IPO New Technology Business Investment Fund |  |  |  |  |  |  |  | 600 |
|  Korea Credit Bureau Co., Ltd. |  |  |  | 450 |  |  |  | 90 |
|  KB-Solidus Global Healthcare Fund \* |  |  |  | 333 |  |  |  |  |
|  KB-Stonebridge Secondary Private Equity Fund |  | 39 |  |  |  |  |  | 4554 |
|  KB SPROTT Renewable Private Equity Fund No.1 |  |  |  |  |  |  |  | 5535 |
|  KB-NAU Special Situation Corporate Restructuring Private Equity Fund |  |  |  | 4906 |  | 3744 |  |  |
|  2020 KB Fintech Renaissance Fund |  |  |  |  |  |  |  | 165 |
|  KB-TS Technology Venture Private Equity Fund |  |  |  | 60 |  | 15 |  |  |
|  Aju Good Technology Venture Fund |  |  |  |  |  |  |  | 780 |
|  G payment Joint Stock Company |  | 555 |  |  |  |  |  | 52 |
|  KB-KTB Technology Venture Fund |  |  |  | 173 |  |  |  | 107 |
|  KB-SOLIDUS Healthcare Investment Fund |  |  |  | 78 |  | 94 |  |  |
|  Paramark KB Fund No.1 |  | 342 |  |  |  | 3690 |  |  |
|  JS Private Equity Fund No.3 \* |  |  |  | 196 |  |  |  |  |
|  TMAP Mobility Co., Ltd. |  |  |  | 50072 |  |  |  |  |
|  POSITIVE Sobujang Venture Fund No.1 \* |  |  |  |  |  |  |  | 879 |
|  History 2022 Fintech Fund |  |  |  |  |  |  |  | 1500 |
|  KB-NP Green ESG New Technology Venture Capital Fund |  | 228 |  | 8826 |  |  |  |  |
|  KB-Badgers Future Mobility ESG Fund No.1 |  |  |  | 21 |  |  |  | 55 |
|  KB No.26 Special Purpose Acquisition Company \* |  |  |  |  |  |  |  | 5 |
|  Shinhan-Eco Venture Fund 2nd |  |  |  |  |  | 25 |  |  |
|  2023 JB Newtech No.2 Fund |  |  |  |  |  |  |  | 298 |
|  U-KB Credit No.1 Private Equity |  |  |  |  |  |  |  | 274 |
|  Timefolio Athleisure Investment Fund |  |  |  | 1600 |  |  |  |  |
|  KB No.32 Special Purpose Acquisition Company |  |  |  |  |  | 10 |  |  |
|  KB No.33 Special Purpose Acquisition Company |  |  |  | 4 |  |  |  |  |
|  IMM global Secondary 1-1 Equity Private Fund |  | 1706 |  |  |  | 756 |  |  |
|  Allra Fintech Corp. |  |  |  | 34 |  |  |  |  |
|  KB-SBI Global Strategic Capital Fund |  | 11221 |  | 11533 |  |  |  |  |
|  KB-Cyrus Tourism Venture Fund |  |  |  |  |  | 1000 |  |  |
|  IBKS Design Fund \* |  |  |  | 2000 |  |  |  |  |
|  KB-IMM New Star Real Estate Private Fund I |  | 335 |  | 5883 |  | 6099 |  | 791 |
|  VIG Private Equity Fund V-3 \* |  |  |  |  |  | 55 |  |  |
|  KOENTEC Co. Ltd. \* |  |  |  |  |  |  |  | 107428 |
|  E&I Holdings \* |  |  |  |  |  | 27300 |  |  |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.5 Details of significant investment and withdrawal transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2025** | **2025** |
| *(In millions of Korean won)* | **Equity<br>investment<br>and others** | **Equity<br>investment<br>and others** | **Withdrawal<br>and others** | **Withdrawal<br>and others** | **Equity<br>investment<br>and others** | **Withdrawal<br>and others** |
|  Semicolon Susong REITs Co., Ltd. | W | 298 | W | 20500 | W | W |
|  KB-LB Middle Market Enterprises Innovation Private Equity Fund |  |  |  | 15 |  |  |
|  KB-IMM New Star Real Estate Private Fund II |  | 317 |  | 111 |  |  |
|  Meritz-Hyundai Investment Real Estate Strategy No.1 Private Equity Fund |  | 10200 |  |  |  |  |
|  Smart Korea KB Future9-Sejong Venture Fund |  |  |  | 273 |  |  |
|  VP Inc. |  | 228 |  | 157 |  |  |

---

\* Excluded from the Group's related party as of March 31, 2026.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.6 Unused commitments provided to related parties as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won or in a US Dollar or Indian Rupee)* | *(In millions of Korean won or in a US Dollar or Indian Rupee)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  **Associates and joint ventures** | **Associates and joint ventures** | **Associates and joint ventures** | **Associates and joint ventures** |  |  |
|  Balhae Infrastructure Company | Purchase of securities | W | 6154 | W | 6154 |
|  | Loan commitments in Korean won |  |  |  | 65000 |
|  Korea Credit Bureau Co., Ltd. | Unused lines of credit for credit card |  | 308 |  | 559 |
|  Incheon Bridge Co., Ltd. | Loan commitments in Korean won |  | 20000 |  | 20000 |
|  | Unused lines of credit for credit card |  | 27 |  | 85 |
|  TeamSparta Inc. \* | Unused lines of credit for credit card |  |  |  | 1 |
|  3D Interactive Co., Ltd. | Unused lines of credit for credit card |  | 17 |  | 23 |
|  Food Factory Co., Ltd. | Unused lines of credit for credit card |  | 60 |  | 45 |
|  CellinCells Co., Ltd. \* | Unused lines of credit for credit card |  | 21 |  | 9 |
|  Big Dipper Co., Ltd. | Unused lines of credit for credit card |  | 17 |  | 21 |
|  ASSEMBLE CORPORATION | Unused lines of credit for credit card |  | 21 |  | 3 |
|  Spark Biopharma Inc. \* | Unused lines of credit for credit card |  | 21 |  | 27 |
|  IMBiologics Corp. \* | Unused lines of credit for credit card |  | 189 |  | 10 |
|  SuperNGine Co., Ltd. | Unused lines of credit for credit card |  | 38 |  | 24 |
|  Pin Therapeutics Inc. | Unused lines of credit for credit card |  | 23 |  | 30 |
|  Grinergy Co., Ltd. | Unused lines of credit for credit card |  | 24 |  | 4 |
|  S&E Bio Co., Ltd. | Unused lines of credit for credit card |  |  |  | 41 |
|  Wemade Connect Co., Ltd. | Unused lines of credit for credit card |  | 4980 |  | 68 |
|  TMAP Mobility Co., Ltd. | Unused lines of credit for credit card |  | 16 |  | 701 |
|  Contents First Inc. | Unused lines of credit for credit card |  | 32 |  | 80 |
|  Allra Fintech Corp. | Unused lines of credit for credit card |  | 15 |  | 24 |
|  Bigwave Robotics Corp. \* | Unused lines of credit for credit card |  | 13 |  | 40 |
|  New Daegu Busan Expressway Co., Ltd. | Unused lines of credit for credit card |  | 26 |  | 3 |
|  AIM FUTURE, Inc. | Unused lines of credit for credit card |  | 21 |  | 37 |
|  Novorex Inc. | Unused lines of credit for credit card |  | 21 |  | 22 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.6 Unused commitments provided to related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won or in a US Dollar or Indian Rupee)* | *(In millions of Korean won or in a US Dollar or Indian Rupee)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Xenohelix Co., Ltd. | Unused lines of credit for credit card | W | 17 | W | 5 |
|  ADPGREEN | Unused lines of credit for credit card |  | 19 |  | 27 |
|  Logpresso Inc. | Unused lines of credit for credit card |  | 40 |  | 20 |
|  DYNE MEDICAL GROUP Inc. | Unused lines of credit for credit card |  | 68 |  | 117 |
|  TriOar Inc. | Unused lines of credit for credit card |  | 97 |  | 38 |
|  KB-CJ Venture Fund 1st | Purchase of securities |  | 4200 |  | 4200 |
|  KB-Stonebridge Secondary Private Equity Fund | Purchase of securities |  | 173 |  | 173 |
|  KB-NAU Special Situation Corporate Restructuring Private Equity Fund | Purchase of securities |  | 462 |  | 924 |
|  All Together Korea Fund No.2 (Stock-FoFs) | Purchase of securities |  | 990000 |  | 990000 |
|  KB Co-Investment Private Equity Fund No.1 | Purchase of securities |  | 1285 |  | 1285 |
|  KB-Badgers Future Mobility ESG Fund No.1 | Purchase of securities |  | 25569 |  | 25569 |
|  KB-NP Green ESG New Technology Venture Capital Fund | Purchase of securities |  | 1050 |  | 1050 |
|  KB-Solidus Global Healthcare Fund \* | Commitments on loss absorption priority |  |  |  | 4500 |
|  Paramark KB Fund No.1 | Purchase of securities |  | 528 |  | 870 |
|  Shinhan-Eco Venture Fund 2nd | Purchase of securities |  | 425 |  | 425 |
|  U-KB Credit No.1 Private Equity | Purchase of securities |  | 18566 |  | 18566 |
|  KB-Cyrus Tourism Venture Fund | Purchase of securities |  | 3000 |  | 3000 |
|  KB-SBI Global Strategic Capital Fund | Purchase of securities |  | 21970 |  | 32888 |
|  KB-IMM New Star Real Estate Private Fund I | Purchase of securities |  | 12849 |  | 13164 |
|  VIG Private Equity Fund V-3 \* | Purchase of securities |  |  |  | 5503 |
|  KB-IMM New Star Real Estate Private Fund II | Purchase of securities |  | 40347 |  | 40663 |
|  IMM global Secondary 1-1 Equity Private Fund | Purchase of securities |  | 9714 |  | 10847 |
|  KB-LB Middle Market Enterprises Innovation Private Equity Fund | Purchase of securities |  | 18073 |  | 18073 |
|  KB-ANDA Deep Tech Venture Fund | Purchase of securities |  | 6251 |  | 6251 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.6 Unused commitments provided to related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won or in a US Dollar or Indian Rupee)* | *(In millions of Korean won or in a US Dollar or Indian Rupee)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  DAYLI Fountainhead Blind Private Equity Fund II | Purchase of securities | W | 27699 | W | 28056 |
|  Meritz-Hyundai Investment Real Estate Strategy No.1 Private Equity Fund | Purchase of securities |  | 47153 |  | 57353 |
|  Nextrade Co., Ltd. | Unused lines of credit for credit card |  | 17 |  | 369 |
|  Aldaver | Unused lines of credit for credit card |  | 27 |  | 10 |
|  ANTIGRAVITY | Unused lines of credit for credit card |  | 82 |  | 4 |
|  Lemontree Inc. | Unused lines of credit for credit card |  | 44 |  | 49 |
|  | Loan commitments in Korean won |  |  |  | 450 |
|  WhaTap Laps Inc. | Unused lines of credit for credit card |  | 19 |  | 59 |
|  | Loan commitments in Korean won |  | 2000 |  | 2000 |
|  VP Inc. | Unused lines of credit for credit card |  |  |  | 8 |
|  ByL | Unused lines of credit for credit card |  | 26 |  |  |
|  Bitgoeul Cheomdan Green 1st Co., Ltd. | Purchase of securities |  | 2808 |  |  |
|  RMGP Bio-Pharma Investment Fund, L.P. | Purchase of securities | USD | 2667093 | USD | 2693142 |
|  RMGP Bio-Pharma Investment, L.P. | Purchase of securities | USD | 8455 | USD | 8470 |
|  RMG-KB BP Management Ltd. | Purchase of securities | USD | 391888 | USD | 446888 |
|  RMG-KB BioAccess Fund L.P. | Purchase of securities | USD | 14864745 | USD | 16951197 |
|  Elev8-Capital Fund I | Purchase of securities | INR | 1432718476 | INR | 1787096277 |
|  Ascent Global Fund III LP | Purchase of securities | USD | 22437479 | USD | 22437479 |
|  **Key management personnel** |  |  |  |  |  |
|  Key management personnel | Loan commitments in Korean won |  | 2522 |  | 1898 |

---

\* Excluded from the Group's related party as of March 31, 2026.

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.7 Details of compensation to key management personnel for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
|  | **Short-term<br>employee<br>benefits** | **Short-term<br>employee<br>benefits** | **Post-employment<br>benefits** | **Post-employment<br>benefits** | **Share-based<br>payments** | **Share-based<br>payments** | **Total** | **Total** |
|  Registered directors (executive) | W | 1859 | W | 193 | W | 4116 | W | 6168 |
|  Registered directors (non-executive) |  | 265 |  |  |  |  |  | 265 |
|  Non-registered directors |  | 3177 |  | 150 |  | 5888 |  | 9215 |
|  | W | 5301 | W | 343 | W | 10004 | W | 15648 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
|  | **Short-term<br>employee<br>benefits** | **Short-term<br>employee<br>benefits** | **Post-<br>employment<br>benefits** | **Post-<br>employment<br>benefits** | **Share-based<br>payments** | **Share-based<br>payments** | **Total** | **Total** |
|  Registered directors (executive) | W | 1867 | W | 271 | W | 1217 | W | 3355 |
|  Registered directors (non-executive) |  | 271 |  |  |  |  |  | 271 |
|  Non-registered directors |  | 3409 |  | 151 |  | 1671 |  | 5231 |
|  | W | 5547 | W | 422 | W | 2888 | W | 8857 |

---

------

##### [**Table of Contents**](#toc)
**KB Financial Group Inc. and Subsidiaries** 

**Notes to the Consolidated Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

33.8 Details of collateral provided by related parties as of March 31, 2026 and December 31, 2054, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Assets held**<br>**as collateral** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Associates and joint ventures** | **Associates and joint ventures** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Star-Lord General Investors Private Real Estate Investment Company No.10 | Real estate | W | 180000 | W | 180000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Semicolon Susong REITs Co., Ltd. | Collateral Trust |  | 30000 |  | 30000 |
|  **Key management personnel** | Time deposits and others |  | 344 |  | 693 |
|  | Real estate |  | 5849 |  | 8486 |

---

\* Excluded collateral related to lease agreements arising from ordinary business transactions between related parties as of March 31, 2026.

As of March 31, 2026, Incheon Bridge Co., Ltd., a related party of the Group, provides fund management account, civil engineering works insurance, and management and operations rights as senior collateral amounting to W 611,000 million to the project financing group consisting of the Group and 5 other institutions, and as subordinated collateral amounting to W 384,800 million to subordinated debt holders consisting of the Group and 2 other institutions. Also, it provides certificate of credit guarantee amounting to W 400,000 million as collateral to the project financing group consisting of the Group and 5 other institutions.

**34. Events after the reporting period** 

According to the resolution of the Board of Directors on April 23, 2026, the quarterly dividend per share of W 1,143 with a dividend record date of May 8, 2026, was declared. The Group's financial statements as of March 31, 2026, do not reflect this dividend payable.

Pursuant to the resolution of the Board of Directors dated April 23, 2026, The Group plans to acquire treasury shares amounting to W 600,000 million on the Stock Exchange by July 20, 2026. In addition, the Group plans to retire 14,262,733 shares of treasury shares currently held without an initial retirement plan on May 15, 2026.

## Exhibit 99.2

**Exhibit 99.2** 

**KB Financial Group Inc.** 

Separate Interim Financial Statements

March 31, 2026 and 2025

(Unaudited)

------

**KB Financial Group Inc.** 

---

| | |
|:---|:---|
|  | **Page(s)** |
|  [**Report on Review of Condensed Separate Interim Financial Statements**](#ex99_2toc143854_1) | 1-2 |
|  **Separate Interim Financial Statements** |  |
|  [Separate Interim Statements of Financial Position](#ex99_2toc143854_2) | 3 |
|  [Separate Interim Statements of Comprehensive Income](#ex99_2toc143854_3) | 4 |
|  [Separate Interim Statements of Changes in Equity](#ex99_2toc143854_4) | 5 |
|  [Separate Interim Statements of Cash Flows](#ex99_2toc143854_5) | 6 |
|  [**Notes to the Separate Interim Financial Statements**](#ex99_2toc143854_6) | 7 |

---

------

**Report on Review of Condensed Separate Interim Financial Statements** 

(English Translation of a Report Originally Issued in Korean)

To the Shareholders and the Board of Directors of

KB Financial Group Inc.

***Reviewed Financial Statements***

We have reviewed the accompanying condensed separate interim financial statements of KB Financial Group Inc. (the "Company"). These condensed separate interim financial statements consist of the separate interim statement of financial position of the Company as at March 31, 2026, and the related separate interim statements of comprehensive income, changes in equity and cash flows for the three-month periods ended March 31, 2026 and 2025, and material accounting policy information and other selected explanatory notes, expressed in Korean won.

***Management's Responsibility for the Financial Statements***

Management is responsible for the preparation and presentation of these condensed separate interim financial statements in accordance with International Financial Reporting Standards as adopted by the Republic of Korea ("Korean IFRS") 1034 *Interim Financial Reporting*, and for such internal control as management determines is necessary to enable the preparation of condensed separate interim financial statements that are free from material misstatement, whether due to fraud or error.

***Auditor's Responsibility***

Our responsibility is to express a conclusion on these condensed separate interim financial statements based on our review.

We conducted our review in accordance with quarterly or semi-annual review standards established by the Securities and Futures Commission of the Republic of Korea. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Korean Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

***Conclusion***

Based on our review, nothing has come to our attention that causes us to believe the accompanying condensed separate interim financial statements are not prepared, in all material respects, in accordance with Korean IFRS 1034 *Interim Financial Reporting*.

------

***Other Matters***

We have audited the separate statement of financial position of the Company as at December 31, 2025, and the related separate statements of comprehensive income, changes in equity and cash flows for the year then ended, not presented herein, in accordance with Korean Standards on Auditing. We expressed an unqualified opinion on those financial statements in our audit report dated March 6, 2026. The separate statement of financial position as at December 31, 2025, presented herein for comparative purposes, is consistent, in all material respects, with the above audited statement of financial position as at December 31, 2025.

Review standards and their application in practice vary among countries. The procedures and practices used in the Republic of Korea to review such financial statements may differ from those generally accepted and applied in other countries.

/s/ Samil PricewaterhouseCoopers

Seoul, Korea

May 15, 2026

This report is effective as of May 15, 2026, the review report date. Certain subsequent events or circumstances, which may occur between the review report date and the time of reading this report, could have a material impact on the accompanying condensed separate interim financial statements and notes thereto. Accordingly, the readers of the review report should understand that there is a possibility that the above review report may have to be revised to reflect the impact of such subsequent events or circumstances, if any.

------

**KB Financial Group Inc.** 

**Separate Interim Statements of Financial Position** 

**March 31, 2026 and December 31, 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Notes** | **March 31, 2026**<br>**(Unaudited)** | **March 31, 2026**<br>**(Unaudited)** | **December 31,<br>2025** | **December 31,<br>2025** |
|  **Assets** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions | 45623 | W | 1454746 | W | 974585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss | 457 |  | 1191853 |  | 1251607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost | 458 |  | 349112 |  | 349112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments in subsidiaries | 9 |  | 27567817 |  | 26867817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property and equipment |  |  | 4172 |  | 2896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intangible assets |  |  | 12938 |  | 13207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net defined benefit assets | 13 |  | 2532 |  | 3058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax assets | 10 |  | 10005 |  | 9354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets | 45 |  | 1513538 |  | 1381504 |
|  **Total assets** |  | W | 32106713 | W | 30853140 |
|  **Liabilities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | 4511 |  | 500000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures | 4512 |  | 4890224 |  | 4520297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current income tax liabilities |  |  | 761295 |  | 544056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities | 45 |  | 1367473 |  | 853551 |
|  **Total liabilities** |  |  | 7518992 |  | 5917904 |
|  **Equity** | 14 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share capital |  |  | 2090558 |  | 2090558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities |  |  | 3940200 |  | 4359256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital surplus |  |  | 7221661 |  | 14751591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated other comprehensive loss |  |  | (8663) |  | (8601) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retained earnings |  |  | 13026680 |  | 5643970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury shares |  |  | (1682715) |  | (1901538) |
|  **Total equity** |  |  | 24587721 |  | 24935236 |
|  **Total liabilities and equity** |  | W | 32106713 | W | 30853140 |

---

The above separate interim statements of financial position should be read in conjunction with the accompanying notes.

------

**KB Financial Group Inc.** 

**Separate Interim Statements of Comprehensive Income** 

**Three-Month Periods Ended March 31, 2026 and 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won, except per share amounts)* | **Notes** | **2026**<br>**(Unaudited)** | **2026**<br>**(Unaudited)** | **2025**<br>**(Unaudited)** | **2025**<br>**(Unaudited)** |
|  Interest income |  | W | 7132 | W | 5527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at amortized cost |  |  | 6136 |  | 4685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income from financial instruments at fair value through profit or loss |  |  | 996 |  | 842 |
|  Interest expense |  |  | (33406) |  | (28691) |
|  **Net interest expense** | 16 |  | (26274) |  | (23164) |
|  Fee and commission income |  |  | 471 |  | 472 |
|  Fee and commission expense |  |  | (1621) |  | (2262) |
|  **Net fee and commission expense** | 17 |  | (1150) |  | (1790) |
|  **Net gains on financial instruments at fair value through profit or loss** | 18 |  | 7474 |  | 25451 |
|  **Net other operating income** | 19 |  | 1265231 |  | 2355586 |
|  General and administrative expenses | 20 |  | (29231) |  | (22168) |
|  **Operating income before provision for credit losses** |  |  | 1216050 |  | 2333915 |
|  Reversal for credit losses |  |  | 1 |  | 1 |
|  **Net operating income** |  |  | 1216051 |  | 2333916 |
|  Net non-operating income |  |  | 490 |  | 67 |
|  **Profit before tax** |  |  | 1216541 |  | 2333983 |
|  Income tax benefit (expense) | 21 |  | 627 |  | (7390) |
|  **Profit for the period** |  |  | 1217168 |  | 2326593 |
|  **Items that will not be reclassified to profit or loss:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  |  | (62) |  | (11) |
|  **Other comprehensive (loss) for the period, net of tax** |  |  | (62) |  | (11) |
|  **Total comprehensive income for the period** |  | W | 1217106 | W | 2326582 |
|  **Earnings per share** | 22 |  |  |  |  |
|  Basic earnings per share |  | W | 3277 | W | 6121 |
|  Diluted earnings per share |  |  | 3249 |  | 6058 |

---

The above separate interim statements of comprehensive income should be read in conjunction with the accompanying notes.

------

**KB Financial Group Inc.** 

**Separate Interim Statements of Changes in Equity** 

**Three-Month Periods Ended March 31, 2026 and 2025** 

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Share**<br>**capital** | **Share**<br>**capital** | **Hybrid<br>securities** | **Hybrid<br>securities** | **Capital surplus** | **Capital surplus** | **Accumulated**<br>**other<br>comprehensive<br>income** | **Accumulated**<br>**other<br>comprehensive<br>income** | **Retained<br>earnings** | **Retained<br>earnings** | **Treasury<br>shares** | **Treasury<br>shares** | **Total**<br>**equity** | **Total**<br>**equity** |
|  **Balance as of January 1, 2025** | W | 2090558 | W | 5082359 | W | 14754475 | W | (8316) | W | 4305542 | W | (1236060) | W | 24988558 |
|  **Comprehensive income for the period** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit for the period |  |  |  |  |  |  |  |  |  | 2326593 |  |  |  | 2326593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  |  |  |  |  |  |  | (11) |  |  |  |  |  | (11) |
|  **Total comprehensive income for the period** |  |  |  |  |  |  |  | (11) |  | 2326593 |  |  |  | 2326582 |
|  **Transactions with shareholders** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annual dividends |  |  |  |  |  |  |  |  |  | (298285) |  |  |  | (298285) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of treasury shares |  |  |  |  |  | (43458) |  |  |  |  |  | (464114) |  | (507572) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issuance of hybrid securities |  |  |  | 404013 |  |  |  |  |  |  |  |  |  | 404013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends on hybrid securities |  |  |  |  |  |  |  |  |  | (49634) |  |  |  | (49634) |
|  **Total transactions with shareholders** |  |  |  | 404013 |  | (43458) |  |  |  | (347919) |  | (464114) |  | (451478) |
|  **Balance as of March 31, 2025 (Unaudited)** | W | 2090558 | W | 5486372 | W | 14711017 | W | (8327) | W | 6284216 | W | (1700174) | W | 26863662 |
|  **Balance as of January 1, 2026** | W | 2090558 | W | 4359256 | W | 14751591 | W | (8601) | W | 5643970 | W | (1901538) | W | 24935236 |
|  **Comprehensive income for the period** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit for the period |  |  |  |  |  |  |  |  |  | 1217168 |  |  |  | 1217168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  |  |  |  |  |  |  | (62) |  |  |  |  |  | (62) |
|  **Total comprehensive income for the period** |  |  |  |  |  |  |  | (62) |  | 1217168 |  |  |  | 1217106 |
|  **Transactions with shareholders**  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annual dividends |  |  |  |  |  |  |  |  |  | (573768) |  |  |  | (573768) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of treasury shares |  |  |  |  |  |  |  |  |  |  |  | (497059) |  | (497059) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement of treasury shares |  |  |  |  |  |  |  |  |  | (715882) |  | 715882 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of hybrid securities |  |  |  | (419056) |  |  |  |  |  |  |  |  |  | (419056) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends on hybrid securities |  |  |  |  |  |  |  |  |  | (44808) |  |  |  | (44808) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer to retained earnings |  |  |  |  |  | (7500000) |  |  |  | 7500000 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  |  |  |  |  | (29930) |  |  |  |  |  |  |  | (29930) |
|  **Total transactions with shareholders** |  |  |  | (419056) |  | (7529930) |  |  |  | 6165542 |  | 218823 |  | (1564621) |
|  **Balance as of March 31, 2026 (Unaudited)** | W | 2090558 | W | 3940200 | W | 7221661 | W | (8663) | W | 13026680 | W | (1682715) | W | 24587721 |

---

The above separate interim statements of changes in equity should be read in conjunction with the accompanying notes.

------

**KB Financial Group Inc.** 

**Separate Interim Statements of Cash Flows** 

**Three-Month Periods Ended March 31, 2026 and 2025** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Notes** | **2026**<br>**(Unaudited)** | **2026**<br>**(Unaudited)** | **2025**<br>**(Unaudited)** | **2025**<br>**(Unaudited)** |
|  **Cash flows from operating activities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Profit for the period |  | W | 1217168 | W | 2326593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjustment for non-cash items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation and amortization expense |  |  | 1222 |  | 1373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal for credit losses |  |  | (1) |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share-based payments |  |  | 5167 |  | 758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net interest expense |  |  | 2317 |  | 7149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses (gains) from changes in fair value of financial assets at fair value through profit or loss |  |  | 9930 |  | (8533) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on redemption of financial assets at fair value through profit or loss |  |  | 292 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net other expense |  |  | 385 |  | 355 |
|  |  |  | 19312 |  | 1101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in operating assets and liabilities |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred income tax assets |  |  | (629) |  | 4561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets |  |  | (3752) |  | (2840) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities |  |  | (4883) |  | 54886 |
|  |  |  | (9264) |  | 56607 |
|  **Net cash inflow from operating activities** |  |  | 1227216 |  | 2384301 |
|  **Cash flows from investing activities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of financial assets at fair value through profit or loss |  |  |  |  | (599923) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of financial assets at fair value through profit or loss |  |  | 50000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of Subsidiaries |  |  | (700000) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of property and equipment |  |  | (571) |  | (38) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of intangible assets |  |  | (194) |  | (278) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal of intangible assets |  |  |  |  | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net decrease (increase) in guarantee deposits paid |  |  | (3596) |  | 3985 |
|  **Net cash outflow from investing activities** |  |  | (654361) |  | (596170) |
|  **Cash flows from financing activities** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in borrowings |  |  | 750000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease in borrowings |  |  | (250000) |  | (365000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in debentures |  |  | 399306 |  | 828328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease in debentures |  |  | (30000) |  | (100000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of principal of lease liabilities |  |  | (133) |  | (144) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acquisition of treasury shares |  |  | (497059) |  | (464114) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issuance of hybrid securities |  |  |  |  | 404013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of hybrid securities |  |  | (420000) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends paid on hybrid securities |  |  | (44808) |  | (49634) |
|  **Net cash inflow (outflow) from financing activities** |  |  | (92694) |  | 253449 |
|  **Net increase in cash and cash equivalents**  |  |  | 480161 |  | 2041580 |
|  **Cash and cash equivalents at the beginning of the period** | 23 |  | 974582 |  | 318388 |
|  **Cash and cash equivalents at the end of the period** | 23 | W | 1454743 | W | 2359968 |

---

The above separate interim statements of cash flows should be read in conjunction with the accompanying notes.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**1. The Company** 

KB Financial Group Inc. (the "Company"), in accordance with Financial Holding Companies Act, was established on September 29, 2008, through stock transfers with the former shareholders of Kookmin Bank, KB Investment & Securities Co., Ltd., KB Asset Management Co., Ltd., KB Real Estate Trust Co., Ltd., KB Investment Co., Ltd., KB Futures Co., Ltd., KB Credit Information Co., Ltd., and KB Data Systems Co., Ltd., and the Company's main business purpose is to control subsidiaries that engage in the financial business or subsidiaries closely related to the financial business through the stock ownership. The headquarter is located at 26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul. The Company's share capital as of March 31, 2026, is W 2,090,558 million. In 2011, Kookmin Bank spun off its credit card business segment and established a new separate credit card company, KB Kookmin Card Co., Ltd., and KB Investment & Securities Co., Ltd. merged with KB Futures Co., Ltd. The Company established KB Savings Bank Co., Ltd. in January 2012, acquired Yehansoul Savings Bank Co., Ltd. in September 2013, and KB Savings Bank Co., Ltd. merged with Yehansoul Savings Bank Co., Ltd. in January 2014. In March 2014, the Company acquired Woori Financial Co., Ltd. and changed the name to KB Capital Co., Ltd. Meanwhile, the Company included LIG Insurance Co., Ltd. as an associate and changed the name to KB Insurance Co., Ltd. in June 2015, and KB Insurance Co., Ltd. became one of the subsidiaries through a tender offer in May 2017. Also, the Company included Hyundai Securities Co., Ltd. as an associate in June 2016 and included as a subsidiary in October 2016 by comprehensive exchange of shares. Hyundai Securities Co., Ltd. merged with KB Investment & Securities Co., Ltd. in December 2016 and changed its name to KB Securities Co., Ltd. in January 2017. In August 2020, the Group acquired Prudential Life Insurance Company of Korea Ltd. which was classified as a subsidiary and the name was changed to KB Life Insurance Co., Ltd. in December 2022. Then in January 2023, it merged with another existing KB Life Insurance Co., Ltd. The Company sold 100% shares of KB Credit Information Co., Ltd. to KB Kookmin Card Co., Ltd. on June 30, 2023.

The Company has been listed on the Korea Exchange ("KRX") since October 10, 2008, and on the New York Stock Exchange ("NYSE") for its American Depositary Shares ("ADS") since September 29, 2008. The number of shares authorized on its Articles of Incorporation is 1,000 million.

**2. Basis of Preparation** 

**2.1 Application of Korean IFRS** 

The Company maintains its accounting records in Korean won and prepares statutory financial statements in the Korean language (Hangul) in accordance with International Financial Reporting Standards as adopted by the Republic of Korea ("Korean IFRS"). The accompanying separate financial statements have been translated into English from the Korean language separate financial statements.

The separate financial statements of the Company have been prepared in accordance with Korean IFRS. Korean IFRS are the standards and related interpretations issued by the International Accounting Standards Board ("IASB") that have been adopted by the Republic of Korea.

The preparation of separate financial statements requires the use of certain critical accounting estimates. Management also needs to exercise judgment in applying the Company's accounting policies. The areas that require a more complex and higher level of judgment or areas that require significant assumptions and estimations are disclosed in Note 2.4.

The separate financial statements have been prepared in accordance with Korean IFRS No.1027 *Separate Financial Statements*.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**2.1 Application of Korean IFRS (cont'd)** 

The Company's condensed separate interim financial statements for the three-month period ended March 31, 2026, have been prepared in accordance with Korean IFRS No.1034 Interim Financial Reporting and contain less information than is required in annual separate financial statements. Selected explanatory notes include descriptions of transactions or events that are significant in understanding change in financial position and financial performance of the Company since the end of the previous annual reporting period. These separate interim financial statements have been prepared in accordance with Korean IFRS which is effective or early adopted as of March 31, 2026.

2.1.1 The Company has applied the following standards and amendments for the first time for their annual reporting period commencing January 1, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*•* *Amendments to Korean IFRS No.1109 Financial Instruments, Korean IFRS No.1107 Financial Instruments: Disclosures* 

Korean IFRS No.1109 *Financial Instruments* and Korean IFRS No.1107 *Financial Instruments: Disclosures* have been amended to respond to recent questions arising in practice, and to include new requirements. These amendments do not have a significant impact on the financial statements. These amendments:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception
for some financial liabilities settled through an electronic cash transfer system;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal
and interest (SPPI) criterion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• add new disclosures of impact on the entity and the extent to which the entity is exposed for each type of
financial instruments if the timing or amount of contractual cash flow changes due to amendment of contract term; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• update the disclosures for equity instruments designated at fair value through other comprehensive income (FVOCI)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*•* *Annual Improvements to Korean IFRS - Volume 11* 

Annual Improvements to Korean IFRS - *Volume 11* should be applied for annual periods beginning on or after January 1, 2026. These amendments do not have a significant impact on the financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1101 *First-time Adoption of International Financial Reporting Standards: Hedge accounting by a first-time adopter* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1107 *Financial Instruments: Disclosures: Gain or loss on derecognition and implementation guidance* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1109 *Financial Instruments: Derecognition of lease liabilities and definition of transaction price* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1110 *Consolidated Financial Statements: Determination of a 'de facto agent'* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Korean IFRS No.1007 *Statement of Cash Flows: Cost method* 

2.1.2 The following are the accounting standards that have been issued but were not mandatory for annual reporting periods ending on December 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*•* *Korean IFRS No.1118 Presentation and Disclosures in Financial Statements* 

Korean IFRS No.1118 "Presentation and Disclosure in Financial Statements" replaces Korean IFRS No.1001 "Presentation of Financial Statements." Korean IFRS No.1118 is expected to enhance the comparability of financial performance among similar entities by providing users with more useful information for analyzing and comparing an entity's performance based on the income statement.

When the Company prepares its financial statements by applying Korean IFRS No.1118, the following material accounting policies are expected to result in significant differences compared to the current financial statements. These items do not include all potential differences and may be subject to change based on further analysis.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

2.1.2 The following are the accounting standards that have been issued but were not mandatory for annual reporting periods ending on December 31, 2026 (cont'd)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Changes in the presentation of the income statement

Korean IFRS No.1118 requires all income and expenses included in the statement of profit or loss to be classified into one of five categories: operating, investing, financing, income taxes, and discontinued operations. The Standard classifies all income and expenses not attributable to the investing, financing, income tax, or discontinued operations categories as operating and defines operating profit or loss as a residual measure. The Company is required to assess its main business activities in determining the classification of income and expenses. Where the Company's main business activities include investing in a particular type of asset or providing financing to customers, certain income and expenses that would otherwise be classified as investing or financing are classified as operating. Accordingly, operating profit or loss determined under Korean IFRS No.1118 may differ significantly from that determined under Korean IFRS No.1001.The Standard requires the disclosure, in the notes, of operating profit or loss determined in accordance with Korean IFRS No.1001, as well as a reconciliation between operating profit or loss under Korean IFRS No.1118 and that determined in accordance with Korean IFRS No.1001.

In addition, Korean IFRS No.1118 requires the presentation in the statement of profit or loss of "operating profit or loss," comprising all income and expenses classified in the operating category; "profit or loss before financing and income taxes," comprising operating profit or loss and all income and expenses classified in the investing category; and "profit or loss." However, where the Company's main business activities include providing financing to customers, the presentation of "profit or loss before financing and income taxes" may not be required, depending on the accounting policy applied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Introduction of disclosure of management-defined performance measures

Korean IFRS No.1118 introduces new disclosure requirements for management-defined performance measures (MPMs). MPMs are defined as subtotals of income and expenses that are not specified in paragraph 118 of the Standard and are not otherwise required to be presented or disclosed under Korean IFRS. These measures are used by an entity in public communications outside the financial statements and are intended to communicate management's view of the entity's financial performance to users of the financial statements.

When the Company reports MPMs, it is required to disclose the reasons why such measures provide useful information, how those measures are calculated, and a reconciliation between those measures and the most directly comparable subtotal specified in Korean IFRS No.1118. In addition, the Company is required to disclose the income tax effects and the effects on non-controlling interests for each reconciling item.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Changes in classification of cash flows

Consequential amendments have been made to Korean IFRS No.1007 "Statement of Cash Flows" following the issuance of Korean IFRS No.1118. Under these amendments, the starting point for determining cash flows from operating activities using the indirect method has been changed from profit or loss to operating profit or loss, and the accounting policy choice for the classification of interest and dividends has been eliminated.

Korean IFRS No.1118 is effective for annual reporting periods beginning on or after January 1, 2027, with early adoption permitted. In accordance with Korean IFRS No.1008 "Accounting Policies, Changes in Accounting Estimates and Errors," the Standard is required to be applied retrospectively, and accordingly, the comparative information for the year ending December 31, 2026 will be restated. The amendments to Korean IFRS No.1007 and No.1033, as well as the revised Korean IFRS No.1008 and No.1107 resulting from the issuance of Korean IFRS No.1118, are effective when Korean IFRS No.1118 is applied.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

2.1.2 The following are the accounting standards that have been established or announced but have not yet been implemented, which the Group has not applied (cont'd)

As the mandatory effective date of Korean IFRS No.1118 has not yet been reached, the Company has not applied the Standard and plans to present its first interim financial statements for the period ending March 31, 2027 in accordance with Korean IFRS No.1118. Based on the information available as of March 31, 2026, the Company is in the process of assessing the financial impact of adopting Korean IFRS No.1118, establishing accounting policies, and implementing changes to its accounting systems, and is performing a preliminary overall assessment of the impact of applying the Standard.

**2.2 Measurement Basis** 

The separate financial statements have been prepared under the historical cost convention unless otherwise specified.

**2.3 Functional and Presentation Currency** 

Items included in the separate financial statements of the Company are measured using the currency of the primary economic environment in which the Company operates ("functional currency"). The separate financial statements are presented in Korean won, which is the Company's functional and presentation currency.

**2.4 Critical Accounting Estimates** 

The Company applies accounting policies and uses judgements, accounting estimates, and assumptions that may have a significant impact on the assets (liabilities) and incomes (expenses) in preparing the separate financial statements. Management's estimates of outcomes may differ from actual outcomes if management's estimates and assumptions based on management's best judgment are different from the actual environment.

Estimates and underlying assumptions are continually evaluated, and changes in accounting estimates are recognized in the period in which the estimates are changed and in any future periods affected.

Uncertainties in estimates and assumptions with significant risks used in the preparation of these condensed separate interim financial statements are the same as 2025 financial statements, except for the method of estimating income tax expense.

**3. Material Accounting Policies** 

The material accounting policies and calculation methods applied in the preparation of these condensed separate interim financial statements are the same as those applied to the separate financial statements for the year ended December 31, 2025, except for the impact of changes due to adopting new and amended standards and interpretations described in Note 2.1 and below paragraph.

The Company is subject to Pillar 2 income taxes, and has applied a temporary exemption provision regarding the recognition and disclosure of deferred taxes related to the Pillar 2 rules.

Income tax expense for the interim period is measured applying the expected average annual income tax rate applicable on expected total annual income.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**4. Financial Risk Management** 

4.1 Summary

4.1.1 Overview of financial risk management policy

The financial risks that the Company is exposed to are credit risk, market risk, liquidity risk, operational risk, and others.

This note regarding financial risk management provides information about the risks that the Company is exposed to and about its objectives, policies, risk assessment and management procedures, and capital management. Additional quantitative information is disclosed throughout the separate financial statements.

The Company's risk management system focuses on efficiently supporting long-term strategy and management decisions of the Company by increasing risk transparency, preventing risk transfer between subsidiaries and preemptive response to rapidly changing financial environments. Credit risk, market risk, liquidity risk, operational risk, interest rate risk, insurance risk, credit concentration risk, strategy risk, reputation risk, and foreign exchange settlement risk are recognized as significant risks.

4.1.2 Risk management organization

4.1.2.1 Risk Management Committee

The Risk Management Committee, as the ultimate decision-making body, deals with risk-related issues, such as establishing risk management strategies in accordance with the strategic direction determined by the Board of Directors, determining the affordable level of risk appetite, reviewing the level of risk and the status of risk management activities, approving the application of risk management systems, methodologies, and major improvements, and establishing and approving risk management policies and procedures to timely recognize, measure, monitor, and control risks arising from various transactions by the Company and subsidiaries (the "Group").

4.1.2.2 Risk Management Council

The Risk Management Council is responsible for consulting on matters delegated by the Risk Management Committee and requests for review by the Group Management Executive Committee, consulting on details of each subsidiary's risk management policies and procedures, monitoring the Group's risk management status, and establishing and implementing necessary measures.

4.1.2.3 Risk Management Department

The Risk Management Department performs the Company's risk management detailed policies, procedures, and business processes, and is responsible for calculating the Group's risk-weighted assets, monitoring and managing internal capital limits.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2 Credit Risk

4.2.1 Overview of credit risk

Credit risk is the risk of loss from the portfolio of assets held due to the counterparty's default, breach of contract, and deterioration of credit quality. For risk management purposes, the Company considers default risk of individual borrowers.

4.2.2 Credit risk management

The Company measures the expected losses of assets subject to credit risk management and uses them as a management indicator.

4.2.3 Maximum exposure to credit risk

The Company's maximum exposures to credit risk without consideration of collateral values in relation to financial instruments other than equity securities as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Due from financial institutions | W | 1454746 | W | 974585 |
|  Loans measured at amortized cost \* |  | 349112 |  | 349112 |
|  Loans measured at fair value through profit or loss |  | 53719 |  | 54502 |
|  Other financial assets \* |  | 53997 |  | 46688 |
|  | W | 1911574 | W | 1424887 |

---

\* After netting of allowance

4.2.4 Credit risk of loans

The Company maintains allowances for loan losses associated with credit risk of loans to manage its credit risk.

The Company assesses expected credit losses and recognizes loss allowances of financial assets at amortized cost and financial assets at fair value through other comprehensive income. Financial assets at fair value through profit or loss are excluded. Expected credit losses are a probability-weighted estimate of possible credit losses occurring in a certain range by reflecting reasonable and supportable information that is reasonably available at the end of the reporting period without undue cost or effort, including information about past events, current conditions, and forecasts of future economic conditions. The Company measures the expected credit losses on loans classified as financial assets at amortized cost, by deducting allowances for credit losses. The expected credit losses of loans classified as financial assets at fair value through other comprehensive income are presented in other comprehensive income in the financial statements.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.4 Credit risk of loans (cont'd)

Credit qualities of loans measured at amortized cost as of March 31, 2026 and December 31 2025, are classified as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Not-impaired** | **Impaired** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
|  **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** |
|  **Corporate** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 350000 | W | W | W | W | 350000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  | W | 350000 | W | W | W | W | 350000 |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Not-impaired** | **Impaired** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
|  **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** | **Loans measured at amortized cost \*** |
|  **Corporate** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 350000 | W | W | W | W | 350000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  | W | 350000 | W | W | W | W | 350000 |

---

\* Before netting of allowance

Credit qualities of loans graded according to the probability of default as March 31, 2026 and December 31 2025, are as follows:

---

| | |
|:---|:---|
|  | **Range of probability of default (%)** |
|  Grade 1 | 0.0 ~ 1 |
|  Grade 2 | 1.0 ~ 5 |
|  Grade 3 | 5.0 ~ 15 |
|  Grade 4 | 15.0 ~ 30 |
|  Grade 5 | 30.0 ~ |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.5 Credit risk of due from financial institutions

Credit qualities of due from financial institutions as of March 31, 2026 and December 31 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Not-impaired** | **Impaired** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
|  **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 1454746 | W | W | W | W | 1454746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  | W | 1454746 | W | W | W | W | 1454746 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Lifetime expected credit losses** | **Lifetime expected credit losses** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
| *(In millions of Korean won)* | **12-month expected<br>credit losses** | **12-month expected<br>credit losses** | **Not-impaired** | **Impaired** | **Not applying<br>expected<br>credit losses** | **Total** | **Total** |
|  **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 1 | W | 974585 | W | W | W | W | 974585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 2 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 3 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 4 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grade 5 |  |  |  |  |  |  |  |
|  | W | 974585 | W | W | W | W | 974585 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.2.6 Credit risk concentration analysis

4.2.6.1 Classifications of corporate loans by industry as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Corporate loans \*** | **Corporate loans \*** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  Financial institutions | W | 403719 | 100.00 | W | (888) | W | 402831 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Corporate loans \*** | **Corporate loans \*** | **%** | **Allowances** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  Financial institutions | W | 404502 | 100.00 | W | (888) | W | 403614 |

---

\* Amount includes loans measured at fair value through profit or loss and amortized cost. 

4.2.6.2 Classifications of due from financial institutions by industry as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Amount** | **Amount** | **%** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** |
|  Financial institutions | W | 1454746 | 100.00 | W | W | 1454746 |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Amount** | **Amount** | **%** | **Allowances** | **Carrying amount** | **Carrying amount** |
|  **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** | **Due from financial institutions measured at amortized cost** |
|  Financial institutions | W | 974585 | 100.00 | W | W | 974585 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.3 Liquidity Risk

4.3.1 Overview of liquidity risk

Liquidity risk is a risk that the Company becomes insolvent due to the mismatch between the inflow and outflow of funds, unexpected cash outflows, or a risk of loss due to financing funds at a high interest rate or disposing of securities at an unfavorable price due to lack of available funds. The Company manages its liquidity risk through analysis of the contractual maturity of all financial assets and liabilities and discloses in six categories such as on demand, less than one month, between one month to three months, between three months to one year, between one year to five years, and over five years.

4.3.2. Liquidity risk management

The liquidity risk is managed by risk management policies and liquidity risk management guidelines set forth in these policies that apply to all risk management policies and procedures that may arise throughout the overall business of the Company.

4.3.3. Analysis of remaining contractual maturity of financial liabilities

The cash flows disclosed in the maturity analysis are undiscounted contractual amounts including principal and future interest payments; as such, amounts in the table below do not match with those in the statements of financial position which are based on discounted cash flows. The future interest payments for floating-rate liabilities are calculated on the assumption that the current interest rate is the same until maturity.

Remaining contractual maturity of financial liabilities as of March 31, 2026 and December 31 2025, are as follows:

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **On**<br>**Demand** | **Up to**<br>**1 month** | **Up to**<br>**1 month** | **1-3**<br>**months** | **1-3**<br>**months** | **3-12**<br>**months** | **3-12**<br>**months** | **1-5**<br>**years** | **1-5**<br>**years** | **Over 5**<br>**years** | **Over 5**<br>**years** | **Total** | **Total** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | W | W | 500000 | W |  | W |  | W |  | W |  | W | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  |  | 13342 |  | 299226 |  | 820121 |  | 3935208 |  | 132930 |  | 5200827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease liabilities |  |  | 51 |  | 91 |  | 329 |  | 417 |  |  |  | 888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  |  | 611752 |  |  |  | 8776 |  |  |  |  |  | 620528 |
|  | W | W | 1125145 | W | 299317 | W | 829226 | W | 3935625 | W | 132930 | W | 6322243 |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **On**<br>**Demand** | **Up to**<br>**1 month** | **Up to**<br>**1 month** | **1-3**<br>**months** | **1-3**<br>**months** | **3-12**<br>**months** | **3-12**<br>**months** | **1-5**<br>**years** | **1-5**<br>**years** | **Over 5**<br>**years** | **Over 5**<br>**years** | **Total** | **Total** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  |  | 41812 |  | 17285 |  | 783422 |  | 3736418 |  | 234604 |  | 4813541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease liabilities |  |  | 51 |  | 89 |  | 365 |  | 258 |  |  |  | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  |  | 2041 |  | 508 |  |  |  |  |  |  |  | 2549 |
|  | W | W | 43904 | W | 17882 | W | 783787 | W | 3736676 | W | 234604 | W | 4816853 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

4.4 Market Risk

4.4.1 Concept

Market risk refers to risks that can result in losses due to changes in market factors such as interest rate, stock price, and foreign exchange rate, etc. The Company manages the market risks by dividing them into those arising from the trading position and those arising from the non-trading position.

4.4.2 Trading position

In accordance with Financial Holding Companies Act, the Company's main business is to control financial companies or companies closely related to the financial service. And the Company cannot perform any other business other than managing activities as a holding company, therefore there is no risk of trading position.

4.4.3 Non-trading position

Non-trading position refers to the part except trading position, and the main risk the Company is managing is interest rate risk.

4.4.3.1 Interest rate risk

(a) Definition of interest rate risk

Interest rate risk refers to the risk of changes in the value (fair value) of the items in the statement of financial position due to changes in interest rate and the risk of changes in cash flows related to interest income and interest expense arising from investment and financing activities.

(b) Observation method and management indicator on interest rate risk

The main objective of interest rate risk management is to protect the value changes from interest rate fluctuations. In addition to the Interest Rate Risk in the Banking Book ("IRRBB") standard methodology required for disclosure to measure interest rate risk.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**5. Financial Assets and Financial Liabilities** 

5.1 Classification and Fair Value of Financial Instruments

5.1.1 Carrying amount and fair value of financial assets and liabilities by category as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Carrying amount** | **Carrying amount** | **Fair value** | **Fair value** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial assets at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W | 1138134 | W | 1138134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 53719 |  | 53719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial assets at amortized cost** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions |  | 1454746 |  | 1454746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 349112 |  | 349112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets |  | 53997 |  | 53997 |
|  | W | 3049708 | W | 3049708 |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial liabilities at amortized cost** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings | W | 500000 | W | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 4890224 |  | 4777666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  | 637550 |  | 637550 |
|  | W | 6027774 | W | 5915216 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Carrying amount** | **Carrying amount** | **Fair value** | **Fair value** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial assets at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W | 1197105 | W | 1197105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 54502 |  | 54502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial assets at amortized cost** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions |  | 974585 |  | 974585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 349112 |  | 349112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets |  | 46688 |  | 46688 |
|  | W | 2621992 | W | 2621992 |
|  **Financial liabilities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial liabilities at amortized cost** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 4520297 | W | 4460116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities |  | 18220 |  | 18220 |
|  | W | 4538517 | W | 4478336 |

---

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The Company discloses the fair value of each class of assets and liabilities in a way that permits it to be compared with its carrying amount at the end of each reporting period. The best evidence of fair value of financial instruments is quoted price in an active market.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1.1 Carrying amount and fair value of financial assets and liabilities by category as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

Methods of determining fair value of financial instruments are as follows:

---

| | |
|:---|:---|
|  **Cash and due from financial institutions** | Fair value of cash is same as carrying amount. Carrying amount of demand deposit and settlement deposit is a reasonable approximation of fair value because these financial instruments do not have a fixed maturity and are receivable on demand. Fair value of general deposit is measured using Discounted Cash Flow ("DCF") Model. |
|  **Securities** | Fair value of financial instruments that are quoted in an active market is determined using the quoted prices. If there is no quoted price, fair value is determined using external professional valuation institutions. The institutions use one or more valuation techniques that are deemed appropriate considering the characteristics of the financial instruments among DCF Model, Imputed Market Value Model, Free Cash Flow to Equity Model, Dividend Discount Model, Risk Adjusted Discount Rate Method, and Net Asset Value Method. |
|  **Derivatives** | Fair value of exchange traded derivatives is determined using quoted price in an active market, and fair value of OTC derivatives is determined using valuation techniques. The Company uses internally developed valuation models that are widely used by market participants to determine fair value of plain vanilla OTC derivatives including options, interest rate swaps, and currency swaps, based on observable market parameters. However, some complex financial instruments are valued using appropriate models developed from generally accepted market valuation models including the Finite Difference Method ("FDM"), and the MonteCarlo Simulation or valuation results from independent external professional valuation institution. |
|  **Loans** | Fair value of loans is determined using DCF model discounting the expected cash flows, which are contractual cash flows adjusted by the expected prepayment rate, at an appropriate discount rate. |
|  **Borrowings** | DCF model is used to determine the fair value of borrowings, but in the case of short-term maturity, carrying amount is a reasonable approximation of fair value. |
|  **Debentures** | Fair value is determined by using valuation results of external professional valuation institutions, which are calculated using market inputs. |
|  **Other financial assets and other financial liabilities** | Carrying amount is a reasonable approximation of fair value because other financial assets and other financial liabilities are temporary accounts used for other various transactions and their maturities are relatively short or not defined. |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1.2 Fair value hierarchy

The Company believes that valuation techniques used for measuring the fair value of financial instruments are reasonable and that the fair value recognized in the statements of financial position is appropriate. However, the fair value of the financial instruments recognized in the statements of financial position may be different if other valuation techniques or assumptions are used. Additionally, as there are a variety of valuation techniques and assumptions used in measuring fair value, it may be difficult to reasonably compare the fair value with that of other financial institutions.

The Company classifies and discloses fair value of the financial instruments into the three fair value levels as follows:

---

| | |
|:---|:---|
| Level 1 : | The fair values are based on quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date. |
| Level 2 : | The fair values are based on inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. |
| Level 3 : | The fair values are based on unobservable inputs for the asset or liability. |

---

The fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. If an observable input requires an adjustment using an unobservable input and that adjustment results in a significantly higher or lower fair value measurement, the resulting measurement would be categorized within Level 3 of the fair value hierarchy.

5.1.2.1 Fair value hierarchy of financial assets and liabilities at fair value in the statements of financial position

Fair value hierarchy of financial assets at fair value in the statements of financial position as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Total** | **Total** |
| *(In millions of Korean won)* | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W | W |  | W | 1138134 | W | 1138134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  |  | 53719 |  |  |  | 53719 |
|  | W | W | 53719 | W | 1138134 | W | 1191853 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Total** | **Total** |
| *(In millions of Korean won)* | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W | W |  | W | 1197105 | W | 1197105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  |  | 54502 |  |  |  | 54502 |
|  | W | W | 54502 | W | 1197105 | W | 1251607 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1.2.1 Fair value hierarchy of financial assets and liabilities at fair value in the statements of financial position (cont'd)

Valuation techniques and inputs of financial assets and liabilities classified as Level 2 and measured at fair value in the statements of financial position as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Fair value** | **Fair value** | **Valuation**<br>**techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans | W | 53719 | DCF model | Interest rate,<br> Discount rate, etc. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Fair value** | **Fair value** | **Valuation**<br>**techniques** | **Inputs** |
|  **Financial assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans | W | 54502 | DCF model | Interest rate,<br> Discount rate, etc. |

---

5.1.2.2 Fair value hierarchy of financial assets and liabilities whose fair value is disclosed

Fair value hierarchy of financial assets and liabilities whose fair value is disclosed as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | | |
| *(In millions of Korean won)* | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions <sup>1</sup> | W | W | 1454746 | W |  | W | 1454746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost <sup>2</sup> |  |  |  |  | 349112 |  | 349112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets <sup>3</sup> |  |  |  |  | 53997 |  | 53997 |
|  | W | W | 1454746 | W | 403109 | W | 1857855 |
|  **Financial liabilities** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings <sup>4</sup> | W | W | 500000 | W |  | W | 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  |  | 4777666 |  |  |  | 4777666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities <sup>3</sup> |  |  |  |  | 637550 |  | 637550 |
|  | W | W | 5277666 | W | 637550 | W | 5915216 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.1.2.2 Fair value hierarchy of financial assets and liabilities whose fair value is disclosed (cont'd)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | **Fair value hierarchy** | | |
| *(In millions of Korean won)* | **Level 1** | **Level 2** | **Level 2** | **Level 3** | **Level 3** | **Total** | **Total** |
|  **Financial assets** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and due from financial institutions <sup>1</sup> | W | W | 974585 | W |  | W | 974585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost <sup>2</sup> |  |  |  |  | 349112 |  | 349112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial assets <sup>3</sup> |  |  |  |  | 46688 |  | 46688 |
|  | W | W | 974585 | W | 395800 | W | 1370385 |
|  **Financial liabilities** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | W | 4460116 | W |  | W | 4460116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial liabilities <sup>3</sup> |  |  |  |  | 18220 |  | 18220 |
|  | W | W | 4460116 | W | 18220 | W | 4478336 |

---

<sup>1</sup> Because due from financial institutions classified as level 2 are deposits on demand and with remaining maturities of less than one year, carrying amounts are reasonable approximations of fair values. 

<sup>2</sup> Because loans measured at amortized cost classified as level 3 are loans with residual maturity of less than one year, carrying amounts are reasonable approximations of fair values. 

<sup>3</sup> For other financial assets and other financial liabilities classified as level 3, carrying amounts are reasonable approximations of fair values. 

<sup>4</sup> For borrowings classified as level 2, carrying amount is reasonable approximations of fair value. 

Financial assets and liabilities whose carrying amount is a reasonable approximation of fair value, valuation techniques and inputs are not disclosed.

Valuation techniques and inputs of financial assets and liabilities classified as Level 2, and whose fair value is disclosed as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Fair value** | **Fair value** | **Fair value** | **Fair value** | **Valuation<br>techniques** | **Valuation<br>techniques** | **Inputs** | **Inputs** |
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** | **Valuation<br>techniques** | **Valuation<br>techniques** | **Inputs** | **Inputs** |
|  **Financial liabilities** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures | W | 4777666 | W | 4460116 |  | DCF model |  | Discount rate |

---

5.2 Disclosure of Fair Value Hierarchy Level 3

5.2.1 Valuation policy and process of Level 3 fair value

The Company uses external, independent and qualified valuation service to determine the fair value of financial instruments at the end of every reporting period.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.2.2 Changes in fair value (Level 3) measured using valuation technique based on unobservable inputs in the market

5.2.2.1 Changes in financial instruments classified as Level 3 of the fair value hierarchy for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2025** | **2025** |
| *(In millions of Korean won)* | **Financial assets**<br>**at fair value**<br>**through profit or loss** | **Financial assets**<br>**at fair value**<br>**through profit or loss** | **Financial assets**<br>**at fair value**<br>**through profit or loss** | **Financial assets**<br>**at fair value**<br>**through profit or loss** |
|  Beginning | W | 1197105 | W | 1189519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total gains or losses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Profit or loss |  | (8971) |  | 7406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other comprehensive income |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchases |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales |  | (50000) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Issues |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Settlements |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfers into Level 3 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfers out of Level 3 |  |  |  |  |
|  Ending | W | 1138134 | W | 1196925 |

---

5.2.2.2 In relation to changes in financial instruments classified as Level 3 of the fair value hierarchy, total gains or losses recognized in profit or loss for the period, and total gains or losses recognized in profit or loss from financial instruments held at the end of the reporting period for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2025** | **2025** | **2025** | **2025** |
| *(In millions of Korean won)* | **Gains on<br>financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Gains on<br>financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Other<br>operating<br>income** | **Net interest<br>income** | **Losses on<br>financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Losses on<br>financial<br>instruments<br>at fair value<br>through<br>profit or loss** | **Other<br>operating<br>income** | **Net interest<br>income** |
|  Total gains (losses) included in profit or loss for the period | W | (8971) | W | W | W | 7406 | W | W |
|  Total gains (losses) for the period included in profit or loss for financial instruments held at the end of the reporting period |  | (8679) |  |  |  | 7406 |  |  |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.2.3 Sensitivity analysis of changes in unobservable inputs

5.2.3.1 Information about fair value measurements using unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Fair value** | **Valuation techniques** | **Inputs** | **Unobservable inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of unobservable<br>inputs to fair value** |
| **Financial assets** | **Financial assets** |  |  |  |  |  |
|  Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W1,138,134 | Hull and White Model, MonteCarlo Simulation | Matrix YTM,<br>Additional spread by grade, Risk spread of company, Valid credit rating, Disclosed information of securities, Estimated volatility of Interest rate | Discount rate | 3.11 ~ 9.34 | The lower the discount rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W1,138,134 | Hull and White Model, MonteCarlo Simulation | Matrix YTM,<br>Additional spread by grade, Risk spread of company, Valid credit rating, Disclosed information of securities, Estimated volatility of Interest rate | Volatility of interest rate | 0.61 ~ 0.97 | The higher the volatility, the higher the fair value fluctuation |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Fair value** | **Valuation techniques** | **Inputs** | **Unobservable inputs** | **Range of<br>unobservable<br>inputs (%)** | **Relationship of unobservable<br>inputs to fair value** |
| **Financial assets** | **Financial assets** |  |  |  |  |  |
|  Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: | Financial assets at fair value through profit or loss: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W1,197,105 | Hull and White Model, MonteCarlo Simulation | Matrix YTM,<br>Additional spread by grade, Risk spread of company, Valid credit rating, Disclosed information of securities, Estimated volatility of Interest rate | Discount rate | 3.08 ~ 8.82 | The lower the discount rate, the higher the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W1,197,105 | Hull and White Model, MonteCarlo Simulation | Matrix YTM,<br>Additional spread by grade, Risk spread of company, Valid credit rating, Disclosed information of securities, Estimated volatility of Interest rate | Volatility of interest rate | 0.50 ~ 0.69 | The higher the volatility, the higher the fair value fluctuation |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

5.2.3.2 Sensitivity analysis of changes in unobservable inputs

Sensitivity analysis of financial instruments is performed to measure favorable and unfavorable changes in fair value of financial instruments which are affected by unobservable parameters, using a statistical technique. When the fair value is affected by more than one input parameter, the amounts represent the most favorable or most unfavorable outcome. There are hybrid securities whose fair value changes are recognized in profit or loss.

Results of the sensitivity analysis of changes in unobservable inputs as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
|  | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** |
| *(In millions of Korean won)* | **Favorable<br>changes** | **Favorable<br>changes** | **Unfavorable<br>changes** | **Unfavorable<br>changes** | **Favorable<br>changes** | **Unfavorable<br>changes** |
|  **Financial assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities \* | W | 7063 | W | (6855) | W | W |

---

\* The changes in fair value are calculated by increasing or decreasing discount rates (3.11%~9.34%) by 1%p, which are principal unobservable input parameters. 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Profit or loss** | **Other comprehensive**<br>**income or loss** | **Other comprehensive**<br>**income or loss** |
| *(In millions of Korean won)* | **Favorable<br>changes** | **Favorable<br>changes** | **Unfavorable<br>changes** | **Unfavorable<br>changes** | **Favorable<br>changes** | **Unfavorable<br>changes** |
|  **Financial assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities \* | W | 7808 | W | (7626) | W | W |

---

\* The changes in fair value are calculated by increasing or decreasing discount rates (3.08%~8.82%) by 1%p, which are principal unobservable input parameters. 

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**6. Due from Financial Institutions** 

6.1 Details of due from financial institutions as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **Financial Institution** | **Interest rate (%)**<br>**as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Due from financial institutions in Korean won | Due from banks | Kookmin Bank | 0.00 ~ 1.20 | W | 1401755 | W | 970591 |
|  Due from financial institutions in Korean won | Due from banks | Shinhan Bank |  |  |  |  | 3994 |
|  Due from financial institutions in Korean won | Due from banks | KB Securities Co., Ltd. |  |  | 52991 |  |  |
|  Due from financial institutions in Korean won | Due from banks |  |  |  |  |  |  |
|  |  |  |  | W | 1454746 | W | 974585 |

---

6.2 Details of restricted due from financial institution as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Financial Institution** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** | **Reasons of restriction** |
|  Due from financial institutions in Korean won | Kookmin Bank | W | 3 | W | 3 | Pledged as collateral for the overdraft account |

---

**7. Financial Assets at Fair Value through Profit or Loss** 

Details of financial assets at fair value through profit or loss as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Financial assets at fair value through profit or loss: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hybrid securities | W | 1138134 | W | 1197105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans |  | 53719 |  | 54502 |
|  | W | 1191853 | W | 1251607 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**8. Loans Measured at Amortized Cost** 

Details of loans measured at amortized cost as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Loans measured at amortized cost | W | 350000 | W | 350000 |
|  Less: Allowances for loan losses |  | (888) |  | (888) |
|  | W | 349112 | W | 349112 |

---

**9. Investments in Subsidiaries** 

9.1 Details of subsidiaries as of March 31, 2026, are as follows:

---

| | | |
|:---|:---|:---|
| **Name of subsidiaries** | **Industry** | **Location** |
| Kookmin Bank | Banking and foreign exchange transaction | Korea |
| KB Securities Co., Ltd. | Financial investment | Korea |
| KB Insurance Co., Ltd. | Non-life insurance | Korea |
| KB Kookmin Card Co., Ltd. | Credit card and installment financial business | Korea |
| KB Life Insurance Co., Ltd. | Life insurance | Korea |
| KB Asset Management Co., Ltd. | Investment advisory and investment trust | Korea |
| KB Capital Co., Ltd. | Financial leasing | Korea |
| KB Real Estate Trust Co., Ltd. | Real estate trust management | Korea |
| KB Savings Bank Co., Ltd. | Savings banking | Korea |
| KB Investment Co., Ltd. | Capital investment | Korea |
| KB Data System Co., Ltd. | System software, development and supply | Korea |

---

9.2 Details of investments in subsidiaries as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **As of March 31, 2026** | **As of March 31, 2026** | **Carrying amount** | **Carrying amount** | **Carrying amount** | **Carrying amount** |
| **Name of subsidiaries** | **Number of<br>issued shares** | **Ownership<br>(%)** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Kookmin Bank | 404379116 | 100.00 | W | 14821721 | W | 14821721 |
|  KB Securities Co., Ltd. \* | 331953757 | 100.00 |  | 4042391 |  | 3342391 |
|  KB Insurance Co., Ltd. | 66500000 | 100.00 |  | 2375430 |  | 2375430 |
|  KB Kookmin Card Co., Ltd. | 92000000 | 100.00 |  | 1953175 |  | 1953175 |
|  KB Life Insurance Co., Ltd. | 16201518 | 100.00 |  | 2795367 |  | 2795367 |
|  KB Asset Management Co., Ltd. | 7667550 | 100.00 |  | 96312 |  | 96312 |
|  KB Capital Co., Ltd. | 32175147 | 100.00 |  | 873811 |  | 873811 |
|  KB Real Estate Trust Co., Ltd. | 21616085 | 100.00 |  | 271553 |  | 271553 |
|  KB Savings Bank Co., Ltd. | 8001912 | 100.00 |  | 176813 |  | 176813 |
|  KB Investment Co., Ltd. | 22525328 | 100.00 |  | 154910 |  | 154910 |
|  KB Data System Co., Ltd. | 800000 | 100.00 |  | 6334 |  | 6334 |
|  |  |  | W | 27567817 | W | 26867817 |

---

\* Subsequent to the reporting period in February 2026, KB Securities Co., Ltd. resolved to issue 33,333,333 common shares at an issue price of W21,000 per share (par value W5,000) through a rights offering to existing shareholders.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**10. Deferred Income Tax Assets and Liabilities** 

Details of deferred income tax assets and liabilities as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Net amount** | **Net amount** |
|  Share-based payments | W | 7216 | W |  | W | 7216 |
|  Membership rights |  | 505 |  |  |  | 505 |
|  Defined benefit obligation |  | 2649 |  |  |  | 2649 |
|  Plan assets |  |  |  | (2649) |  | (2649) |
|  Short-term employee benefits |  | 535 |  |  |  | 535 |
|  Losses on valuation of financial assets at fair value through profit or loss |  |  |  | (2237) |  | (2237) |
|  Others |  | 4948 |  | (962) |  | 3986 |
|  |  | 15853 |  | (5848) |  | 10005 |
|  Offsetting of deferred tax assets and liabilities |  | (5848) |  | 5848 |  |  |
|  | W | 10005 | W |  | W | 10005 |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Assets** | **Assets** | **Liabilities** | **Liabilities** | **Net amount** | **Net amount** |
|  Share-based payments | W | 9276 | W |  | W | 9276 |
|  Membership rights |  | 240 |  |  |  | 240 |
|  Defined benefit obligation |  | 3126 |  |  |  | 3126 |
|  Plan assets |  |  |  | (3126) |  | (3126) |
|  Short-term employee benefits |  | 430 |  |  |  | 430 |
|  Gains or losses on valuation of financial assets at fair value through profit or loss |  |  |  | (4704) |  | (4704) |
|  Others |  | 4851 |  | (739) |  | 4112 |
|  |  | 17923 |  | (8569) |  | 9354 |
|  Offsetting of deferred tax assets and liabilities |  | (8569) |  | 8569 |  |  |
|  | W | 9354 | W |  | W | 9354 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**11. Borrowings** 

11.1 Details of borrowings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | |
|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **December 31, 2025** |
|  Borrowings | W | 500000 | W |

---

11.2 Details of borrowings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* |  | **Lenders** | **Borrowing<br>date** | **Maturity<br>date** | **Interest<br>rate (%)<br>as of<br>March 31,<br>2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** |
|  **Borrowings in Korean won** | Other<br>borrowings | KIWOOM<br>SECURITIES co.,<br>Ltd. | Jan. 26,<br> 2026 | Apr. 01, 2026 | 2.95 | W | 150000 | W |
|  | Other<br>borrowings | iM SECURITIES<br>CO., LTD. | Jan. 30,<br> 2026 | Apr. 01, 2026 | 2.96 |  | 150000 |  |
|  | Other<br>borrowings | iM SECURITIES<br>CO., LTD. | Feb. 25,<br> 2026 | Apr. 01, 2026 | 3 |  | 200000 |  |
|  |  |  |  |  |  | W | 500000 | W |

---

11.3 Maturities of borrowings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Up to**<br>**3 months** | **Up to**<br>**3 months** | **3~6**<br>**months** | **6~12**<br>**months** | **1~3**<br>**years** | **Over**<br>**3 years** | **Total** | **Total** |
|  Borrowings in Korean won | W | 500000 | W | W | W | W | W | 500000 |
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Up to**<br>**3 months** | **Up to**<br>**3 months** | **3~6**<br>**months** | **6~12**<br>**months** | **1~3**<br>**years** | **Over**<br>**3 years** | **Total** | **Total** |
|  Borrowings in Korean won | W |  | W | W | W | W | W |  |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**12. Debentures** 

12.1 Details of debentures as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Issuance date** | **Maturity date** | **Interest rate<br>(%) as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Unguaranteed debentures No.15-3 | May 12, 2016 | May 12, 2026 | 2.01 | W | 200000 | W | 200000 |
|  Unguaranteed debentures No.18-3 | Jul. 25, 2016 | Jul. 25, 2026 | 1.69 |  | 80000 |  | 80000 |
|  Unguaranteed debentures No.19-3 | Aug. 25, 2016 | Aug. 25, 2026 | 1.69 |  | 120000 |  | 120000 |
|  Unguaranteed debentures No.25-4 | May 24, 2017 | May 24, 2027 | 2.62 |  | 80000 |  | 80000 |
|  Unguaranteed debentures No.28-3 | Aug. 30, 2017 | Aug. 30, 2027 | 2.6 |  | 60000 |  | 60000 |
|  Unguaranteed debentures No.31-3 | Feb. 28, 2018 | Feb. 28, 2028 | 3.02 |  | 60000 |  | 60000 |
|  Unguaranteed debentures No.32-3 | Apr. 6, 2018 | Apr. 6, 2028 | 2.86 |  | 20000 |  | 20000 |
|  Unguaranteed debentures No.33-2 | Jun. 12, 2018 | Jun. 12, 2028 | 2.92 |  | 30000 |  | 30000 |
|  Unguaranteed debentures No.34-4 | Jul. 25, 2018 | Jul. 25, 2028 | 2.76 |  | 20000 |  | 20000 |
|  Unguaranteed debentures No.36-3 | Feb. 22, 2019 | Feb. 22, 2029 | 2.22 |  | 60000 |  | 60000 |
|  Unguaranteed debentures No.37-2 | Mar. 15, 2019 | Mar. 15, 2029 | 2.16 |  | 70000 |  | 70000 |
|  Unguaranteed debentures No.38-1 | Jun. 19, 2019 | Jun. 19, 2026 | 1.73 |  | 80000 |  | 80000 |
|  Unguaranteed debentures No.38-2 | Jun. 19, 2019 | Jun. 19, 2029 | 1.77 |  | 120000 |  | 120000 |
|  Unguaranteed debentures No.39-2 | Oct. 15, 2019 | Oct. 15, 2029 | 1.67 |  | 40000 |  | 40000 |
|  Unguaranteed debentures No.40-2 | Dec. 4, 2019 | Dec. 4, 2029 | 1.87 |  | 30000 |  | 30000 |
|  Unguaranteed debentures No.41-3 | Jan. 16, 2020 | Jan. 16, 2030 | 1.88 |  | 40000 |  | 40000 |
|  Subordinated debentures No.1-1 | Feb. 18, 2020 | Feb. 18, 2030 | 2.21 |  | 370000 |  | 370000 |
|  Subordinated debentures No.1-2 | Feb. 18, 2020 | Feb. 18, 2035 | 2.26 |  | 30000 |  | 30000 |
|  Unguaranteed debentures No.42-2 | May 13, 2020 | May 13, 2030 | 1.78 |  | 70000 |  | 70000 |
|  Unguaranteed debentures No.43-3 | Jun. 16, 2020 | Jun. 16, 2030 | 1.63 |  | 50000 |  | 50000 |
|  Unguaranteed debentures No.44-4 | Aug. 11, 2020 | Aug. 11, 2027 | 1.39 |  | 20000 |  | 20000 |
|  Unguaranteed debentures No.46-2 | Jan. 14, 2021 | Jan. 14, 2026 | 1.43 |  |  |  | 30000 |
|  Unguaranteed debentures No.46-3 | Jan. 14, 2021 | Jan. 14, 2028 | 1.62 |  | 10000 |  | 10000 |
|  Unguaranteed debentures No.46-4 | Jan. 14, 2021 | Jan. 14, 2031 | 1.84 |  | 100000 |  | 100000 |
|  Unguaranteed debentures No.48-3 | Jun. 16, 2022 | Jun. 16, 2027 | 4.34 |  | 80000 |  | 80000 |
|  Unguaranteed debentures No.48-4 | Jun. 16, 2022 | Jun. 16, 2032 | 4.4 |  | 95000 |  | 95000 |
|  Unguaranteed debentures No.49-2 | Oct. 31, 2024 | Oct. 31, 2026 | 3.3 |  | 220000 |  | 220000 |
|  Unguaranteed debentures No.49-3 | Oct. 31, 2024 | Oct. 31, 2027 | 3.28 |  | 100000 |  | 100000 |
|  Unguaranteed debentures No.50-1 | Jan. 24, 2025 | Jan. 22, 2027 | 2.92 |  | 200000 |  | 200000 |
|  Unguaranteed debentures No.50-2 | Jan. 24, 2025 | Jan. 24, 2028 | 2.92 |  | 100000 |  | 100000 |
|  Unguaranteed debentures No.51-1 | Feb. 25, 2025 | Feb. 25, 2027 | 2.86 |  | 50000 |  | 50000 |
|  Unguaranteed debentures No.51-2 | Feb. 25, 2025 | Feb. 25, 2028 | 2.92 |  | 250000 |  | 250000 |
|  Unguaranteed debentures No.52-1 | Mar. 24, 2025 | Mar. 24, 2027 | 2.85 |  | 60000 |  | 60000 |
|  Unguaranteed debentures No.52-2 | Mar. 24, 2025 | Mar. 24, 2028 | 2.87 |  | 170000 |  | 170000 |
|  Unguaranteed debentures No.53-1 | Apr. 28, 2025 | Apr. 28, 2027 | 2.66 |  | 130000 |  | 130000 |
|  Unguaranteed debentures No.53-2 | Apr. 28, 2025 | Apr. 28, 2028 | 2.67 |  | 220000 |  | 220000 |
|  Unguaranteed debentures No.54-1 | May 26, 2025 | May 26, 2027 | 2.58 |  | 100000 |  | 100000 |
|  Unguaranteed debentures No.54-2 | May 26, 2025 | May 26, 2028 | 2.63 |  | 200000 |  | 200000 |
|  Unguaranteed debentures No.55-1 | Jul. 21, 2025 | Jul. 21, 2027 | 2.61 |  | 100000 |  | 100000 |
|  Unguaranteed debentures No.55-2 | Jul. 21, 2025 | Jul. 21, 2028 | 2.68 |  | 130000 |  | 130000 |
|  Unguaranteed debentures No.56 | Aug. 11, 2025 | Aug. 11, 2028 | 2.61 |  | 300000 |  | 300000 |
|  Unguaranteed debentures No.57 | Oct. 17, 2025 | Oct. 17, 2028 | 2.7 |  | 230000 |  | 230000 |
|  Unguaranteed debentures No.58-1 | Jan. 16, 2026 | Jan. 16, 2029 | 3.22 |  | 150000 |  |  |
|  Unguaranteed debentures No.58-2 | Jan. 16, 2026 | Jan. 16, 2031 | 3.45 |  | 50000 |  |  |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

12.1 Details of debentures as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Issuance date** | **Maturity date** | **Interest rate<br>(%) as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Unguaranteed debentures No.59 | Mar. 26, 2026 | Mar. 26, 2029 | 3.88 |  | 200000 |  |  |
|  |  |  |  |  | 4895000 |  | 4525000 |
|  |  | Less: Bond Discounts | Less: Bond Discounts |  | (4776) |  | (4703) |
|  |  |  |  | W | 4890224 | W | 4520297 |

---

12.2 Maturities of debentures as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(In millions of Korean won)* | **Up to**<br>**3 months** | **Up to**<br>**3 months** | **3~6**<br>**months** | **3~6**<br>**months** | **6~12**<br>**months** | **6~12**<br>**months** | **1~3**<br>**years** | **1~3**<br>**years** | **Over**<br>**3 years** | **Over**<br>**3 years** | **Total** | **Total** |
|  Debentures in Korean won | W | 280000 | W | 200000 | W | 530000 | W | 2890000 | W | 995000 | W | 4895000 |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(In millions of Korean won)* | **Up to**<br>**3 months** | **Up to**<br>**3 months** | **3~6**<br>**months** | **3~6**<br>**months** | **6~12**<br>**months** | **6~12**<br>**months** | **1~3**<br>**years** | **1~3**<br>**years** | **Over**<br>**3 years** | **Over**<br>**3 years** | **Total** | **Total** |
|  Debentures in Korean won | W | 30000 | W | 280000 | W | 420000 | W | 2720000 | W | 1075000 | W | 4525000 |

---

12.3 Changes in debentures based on par value for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
| *(In millions of Korean won)* | **Beginning** | **Beginning** | **Issue** | **Issue** | **Repayment** | **Repayment** | **Ending** | **Ending** |
|  Debentures in Korean won | W | 4525000 | W | 400000 | W | (30000) | W | 4895000 |
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
| *(In millions of Korean won)* | **Beginning** | **Beginning** | **Issue** | **Issue** | **Repayment** | **Repayment** | **Ending** | **Ending** |
|  Debentures in Korean won | W | 2965000 | W | 830000 | W | (100000) | W | 3695000 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**13. Net Defined Benefit Liabilities (Assets)** 

13.1 Defined Benefit Plan

The Company operates defined benefit plans which have the following characteristics:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Company has the obligation to pay the agreed benefits to all its current and former employees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Company assumes actuarial risk (that benefits will cost more than expected) and investment risk.

The net defined benefit liabilities recognized in the statements of financial position are calculated in accordance with actuarial valuation method using assumptions based on market data and historical data such as discount rate, future salary increase rate, and mortality. Actuarial assumptions may differ from actual results, due to changes in the market conditions, economic trends, and mortality trends.

13.2 Details of the net defined benefit liabilities as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Present value of defined benefit obligation | W | 21074 | W | 23184 |
|  Fair value of plan assets |  | (23606) |  | (26242) |
|  Net defined benefit liabilities (assets) | W | (2532) | W | (3058) |

---

13.3 Details of post-employment benefits recognized in profit or loss for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Current service cost | W | 503 | W | 475 |
|  Net interest expense(income) on net defined benefit liabilities |  | (31) |  | (27) |
|  Post-employment benefits | W | 472 | W | 448 |

---

(\*) The gains or losses related to the defined benefit pension plan is fully included in general administrative expenses.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**14. Equity** 

14.1 Share Capital

14.1.1 Details of share capital as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Type of share |  | Ordinary share |  | Ordinary share |
|  Number of authorized shares |  | 1000000000 |  | 1000000000 |
|  Par value per share *(In Korean won)*  | W | 5000 | W | 5000 |
|  Number of issued shares |  | 372850455 |  | 381462103 |
|  Share capital \* | W | 2090558 | W | 2090558 |

---

\* Due to the retirement of shares deducted through retained earnings, it is different from the total par value of the shares issued. 

14.1.2 Changes in shares for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **2026** | **2025** |
|  Beginning | 358587722 | 373600719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Decrease | (3200000) | (5695509) |
|  Ending | 355387722 | 367905210 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

14.2 Hybrid Securities

Details of hybrid securities classified as equity as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Hybrid**<br> **securities** | **Issuance date** | **Maturity** | **Interest rate (%)**<br>**as of**<br>**March 31, 2026** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Series 1-2 | May. 2, 2019 | Perpetual bond | 3.44 | W | 49881 | W | 49881 |
|  Series 2-2 | May. 8, 2020 | Perpetual bond | 3.43 |  | 74812 |  | 74812 |
|  Series 3-2 | Jul. 14, 2020 | Perpetual bond | 3.38 |  | 29922 |  | 29922 |
|  Series 4-2 | Oct. 20, 2020 | Perpetual bond | 3.28 |  | 64843 |  | 64843 |
|  Series 5-1 \* | Feb. 19, 2021 | Perpetual bond | 2.67 |  |  |  | 419056 |
|  Series 5-2 | Feb. 19, 2021 | Perpetual bond | 2.87 |  | 59862 |  | 59862 |
|  Series 5-3 | Feb. 19, 2021 | Perpetual bond | 3.28 |  | 119727 |  | 119727 |
|  Series 6-1 | May. 28, 2021 | Perpetual bond | 3.20 |  | 165563 |  | 165563 |
|  Series 6-2 | May. 28, 2021 | Perpetual bond | 3.60 |  | 109708 |  | 109708 |
|  Series 7-1 | Oct. 8, 2021 | Perpetual bond | 3.57 |  | 208453 |  | 208453 |
|  Series 7-2 | Oct. 8, 2021 | Perpetual bond | 3.80 |  | 59834 |  | 59834 |
|  Series 8-1 | Feb. 16, 2022 | Perpetual bond | 4.00 |  | 442955 |  | 442955 |
|  Series 8-2 | Feb. 16, 2022 | Perpetual bond | 4.30 |  | 155626 |  | 155626 |
|  Series 9-1 | May. 12, 2022 | Perpetual bond | 4.68 |  | 478814 |  | 478814 |
|  Series 9-2 | May. 12, 2022 | Perpetual bond | 4.97 |  | 19906 |  | 19906 |
|  Series 10-1 | Aug. 26, 2022 | Perpetual bond | 4.90 |  | 407936 |  | 407936 |
|  Series 10-2 | Aug. 26, 2022 | Perpetual bond | 5.15 |  | 70819 |  | 70819 |
|  Series 10-3 | Aug. 26, 2022 | Perpetual bond | 5.30 |  | 19944 |  | 19944 |
|  Series 11-1 | Feb. 3, 2023 | Perpetual bond | 4.90 |  | 548666 |  | 548666 |
|  Series 11-2 | Feb. 3, 2023 | Perpetual bond | 5.03 |  | 49871 |  | 49871 |
|  Series 12 | Feb. 28, 2024 | Perpetual bond | 4.39 |  | 399045 |  | 399045 |
|  Series 13 | Jan. 22, 2025 | Perpetual bond | 4.00 |  | 404013 |  | 404013 |
|  |  |  |  | W | 3940200 | W | 4359256 |

---

\* The Company early redeemed in full its 5-1 AT1 capital securities amounting to W 420,000 million on February 19, 2026, upon the exercise of the call option. 

The above hybrid securities are early redeemable by the Company after 5 or 7 or 10 years from the issuance date.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

14.3 Capital Surplus

Details of capital surplus as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,<br>2026** | **March 31,<br>2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Paid-in capital in excess of par value \* | W | 5690275 | W | 13190275 |
|  Other capital surplus |  | 1440765 |  | 1470695 |
|  Gains on sales of treasury shares |  | 90621 |  | 90621 |
|  | W | 7221661 | W | 14751591 |

---

\* During the three-month period ended March 31, 2026,<sup></sup>W 7,500,000 million was transferred from capital surplus to retained earnings.

14.4 Accumulated Other Comprehensive Income (Loss)

Details of accumulated other comprehensive income (loss) as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Remeasurements of net defined benefit liabilities | W | (8663) | W | (8601) |

---

14.5 Retained Earnings

14.5.1 Details of retained earnings as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Legal reserves \* | W | 1802633 | W | 1436870 |
|  Voluntary reserves |  | 982000 |  | 982000 |
|  Regulatory reserve for credit losses |  | 7843 |  | 5411 |
|  Unappropriated retained earnings |  | 10234204 |  | 3219689 |
|  | W | 13026680 | W | 5643970 |

---

\* With respect to the allocation of net profit earned in a fiscal term, the Company must set aside in its legal reserve an amount equal to at least 10% of its profit after tax as reported in the financial statements, each time it pays dividends on its net profits earned until its legal reserve reaches the aggregate amount of its share capital in accordance with Article 53 of the Financial Holding Company Act. The reserve is not available for the payment of cash dividends, but may be transferred to share capital, or used to reduce accumulated deficit. 

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

14.5.2 Regulatory reserve for credit losses

Measurement and disclosure of regulatory reserve for credit losses are required in accordance with Articles 26 through 28 of the Regulations on Supervision of Financial Holding Companies.

14.5.2.1 Details of regulatory reserve for credit losses as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,<br>2026** | **March 31,<br>2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Amounts before appropriation | W | 7843 | W | 5411 |
|  Amounts estimated to be appropriated (reversed) |  | (359) |  | 2432 |
|  | W | 7484 | W | 7843 |

---

14.5.2.2 Regulatory reserve for credit losses estimated to be appropriated (reversed) and adjusted profit after provision (reversal) of regulatory reserve for credit losses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won, except for per share amounts)* | **2026** | **2026** | **2025** | **2025** |
|  Regulatory reserve for credit losses estimated to be appropriated (reversed) | W | (359) | W | 2915 |
|  Adjusted profit after provision (reversal) of regulatory reserve for credit losses <sup>1,2</sup>  |  | 1172720 |  | 2274044 |
|  Adjusted basic earnings per share after provision (reversal) of regulatory reserve for credit losses <sup>1</sup>  |  | 3278 |  | 6113 |
|  Adjusted diluted earnings per share after provision (reversal) of regulatory reserve for credit losses <sup>1</sup>  |  | 3250 |  | 6051 |

---

<sup>1</sup> Adjusted profit after provision (reversal) of regulatory reserve for credit losses is not based on Korean IFRS. It is calculated by reflecting provision (reversal) of regulatory reserve for credit losses before tax to the net profit for the period.

<sup>2</sup> After deducting dividends on hybrid securities.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

14.6 Treasury Shares

Changes in treasury shares for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
| *(In millions of Korean won and in number of shares)* | **Beginning** | **Beginning** | **Acquisition** | **Acquisition** | **Retirement** | **Retirement** | **Ending** | **Ending** |
|  Number of treasury shares |  | 22874381 |  | 3200000 |  | (8611648) |  | 17462733 |
|  Carrying amount | W | 1901538 | W | 497059 | W | (715882) | W | 1682715 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
| *(In millions of Korean won and in number of shares)* | **Beginning** | **Beginning** | **Acquisition** | **Acquisition** | **Retirement** | **Ending** | **Ending** |
|  Number of treasury shares |  | 19927704 |  | 5695509 |  |  | 25623213 |
|  Carrying amount | W | 1236060 | W | 464114 | W | W | 1700174 |

---

On January 15, 2026, the Company retired 3,047,395 treasury shares (W 300,000 million) acquired pursuant to the Board resolution dated April 24, 2025, and 5,564,253 treasury shares (W 660,000 million) acquired pursuant to the Board resolution dated July 24, 2025.

In addition, pursuant to the Board resolution dated February 5, 2026, the Company completed the acquisition of 3,899,988 treasury shares (W 600,000 million), which are planned to be retired on May 15, 2026.

**15. Dividends** 

The annual dividends to the shareholders of the Company for the year ended December 31, 2025 amounting to W 573,768 million (W 1,605 per share) were declared at the annual general shareholders' meeting on March 26, 2026. The financial statements as of March 31, 2026 reflect this dividend payable. Meanwhile, the annual dividends to the shareholders of the Company for the year ended December 31, 2024 and quarterly dividend paid in 2025 were W 298,285 million (W 804 per share) and W 1,004,006 million, respectively.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**16. Net Interest Expense** 

Details of interest income, interest expense, and net interest expense for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Interest income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Due from financial institutions | W | 3126 | W | 1911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at amortized cost |  | 2720 |  | 2433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans measured at fair value through profit or loss |  | 996 |  | 842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 290 |  | 341 |
|  |  | 7132 |  | 5527 |
|  **Interest expense** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings |  | 2446 |  | 7506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debentures |  | 30953 |  | 21176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 7 |  | 9 |
|  |  | 33406 |  | 28691 |
|  **Net interest expense** | W | (26274) | W | (23164) |

---

**17. Net Fee and Commission Expense** 

Details of fee and commission income, fee and commission expense, and net fee and commission expense for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Fee and commission income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fees earned in Korean won | W | 471 | W | 472 |
|  **Fee and commission expense** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fees paid in Korean won |  | 1614 |  | 2058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fees paid in foreign currency |  | 7 |  | 204 |
|  |  | 1621 |  | 2262 |
|  **Net fee and commission expense** | W | (1150) | W | (1790) |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**18. Net Gains or Losses on Financial Instruments at Fair value through Profit or Loss** 

Net gains or losses on financial instruments at fair value through profit or loss include dividend income, gains or losses arising from changes in fair value, and gains or losses arising from sales and redemptions. Details of net gains or losses on financial assets at fair value through profit or loss for the three-month periods ended March, 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Gains on financial instruments at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividend income from financial assets at fair value through profit or loss | W | 17696 | W | 16416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on valuation of financial assets at fair value through profit or loss |  | 119 |  | 8533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gains on disposal of financial assets at fair value through profit or loss |  |  |  | 502 |
|  |  | 17815 |  | 25451 |
|  **Losses on financial instruments at fair value through profit or loss** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on valuation of financial assets at fair value through profit or loss |  | 10049 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Losses on redemption of financial assets at fair value through profit or loss |  | 292 |  |  |
|  |  | 10341 |  |  |
|  **Net gains (losses) on financial instruments at fair value through profit or loss** | W | 7474 | W | 25451 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**19. Net Other Operating Income and Expenses** 

Details of other operating income and expenses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Other operating income** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividend income from subsidiaries | W | 1265231 | W | 2355586 |
|  |  | 1265231 |  | 2355586 |
|  **Net other operating income** | W | 1265231 | W | 2355586 |

---

**20. General and Administrative Expenses** 

20.1 Details of general and administrative expenses for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Expenses related to employee** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits - salaries | W | 9444 | W | 8892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits - others |  | 1101 |  | 1003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Post-employment benefits - defined benefit plans |  | 472 |  | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Post-employment benefits - defined contribution plans |  | 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share-based payments |  | 5167 |  | 758 |
|  |  | 16186 |  | 11101 |
|  **Depreciation and amortization** |  | 1222 |  | 1373 |
|  **Other general and administrative expenses** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travel |  | 88 |  | 338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communications |  | 159 |  | 116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax and dues |  | 284 |  | 312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Publication |  | 60 |  | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rental expense |  | 584 |  | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vehicle |  | 23 |  | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service fees |  | 7646 |  | 5458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advertising |  | 427 |  | 381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Training |  | 209 |  | 266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others |  | 2343 |  | 2180 |
|  |  | 11823 |  | 9694 |
|  | W | 29231 | W | 22168 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

20.2 Share-based Payments

Share-based payments plan for executives and employees of the Company and its subsidiaries as of March 31, 2026, are as follows:

20.2.1 Stock grants linked to long-term performance

---

| | | | |
|:---|:---|:---|:---|
| *(In number of shares)* | **Grant date** | **Number of<br>granted shares <sup>1</sup>** | **Vesting conditions <sup>2</sup>**  |
|  **KB Financial Group Inc.** |  |  |  |
|  Series 38 | Nov. 21, 2023 | 55547 | Services fulfillment, market performance <sup>3</sup> 35%, and non-market performance <sup>5</sup> 65% |
|  Series 41 | Apr. 6, 2024 | 6450 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
|  Series 43 | Jan. 1, 2025 | 28130 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
|  Series 44 | Apr. 7, 2025 | 5540 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
|  Series 45 | Jan. 1, 2026 | 29974 | Services fulfillment, market performance <sup>3</sup> 30%, and non-market performance <sup>4</sup> 70% |
|  Deferred grant in 2022 |  | 241 | Satisfied |
|  Deferred grant in 2023 |  | 31152 | Satisfied |
|  Deferred grant in 2024 |  | 17031 | Satisfied |
|  Deferred grant in 2025 |  | 25653 | Satisfied |
|  |  | 199718 |  |
|  **Kookmin Bank** |  |  |  |
|  Series 98 | Apr. 22, 2024 | 2962 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
|  Series 99 | Jul. 5, 2024 | 4929 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
|  Series 101 | Aug. 24, 2024 | 4453 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
|  Series 102 | Jan. 1, 2025 | 126771 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100%<br> Services fulfillment, market performance <sup>3</sup> 30%, and EPS, Asset Quality <sup>6</sup> 70% |
|  Series 103 | Jan. 9, 2025 | 4633 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
|  Series 104 | Jan. 1, 2026 | 107332 | Services fulfillment, market performance <sup>3</sup> 0~30%, and non-market performance <sup>4</sup> 70~100% |
|  Deferred grant in 2022 |  | 734 | Satisfied |
|  Deferred grant in 2023 |  | 47112 | Satisfied |
|  Deferred grant in 2024 |  | 78368 | Satisfied |
|  Deferred grant in 2025 |  | 109950 | Satisfied |
|  |  | 487244 |  |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

20.2.1 Stock grants linked to long-term performance (cont'd)

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **Grant date** | **Number of**<br>**granted shares <sup>1</sup>** |
|  **Other subsidiaries** |  |  |
|  Stock granted in 2014 |  | 644 |
|  Stock granted in 2015 |  | 544 |
|  Stock granted in 2017 |  | 2021 |
|  Stock granted in 2018 |  | 9368 Services fulfillment, market performance <sup>3</sup> 0~50%, and non-market performance <sup>4</sup> 50~100% |
|  Stock granted in 2019 |  | 9816 |
|  Stock granted in 2020 |  | 18653 |
|  Stock granted in 2021 |  | 10978 |
|  Stock granted in 2022 |  | 25845 |
|  Stock granted in 2023 |  | 66158 |
|  Stock granted in 2024 |  | 143351 |
|  Stock granted in 2025 |  | 368885 |
|  Stock granted in 2026 |  | 78601 |
|  |  | 734864 |
|  |  | 1421826 |

---

<sup>1</sup> Granted shares represent the total number of shares initially granted to executives and employees who have residual shares as of March 31, 2026 (Deferred grants are residual shares vested as of March 31, 2026). 

<sup>2</sup> Executives and employees were given the right of choice about the timing of the deferred payment (after the date of retirement), payment ratio, and payment period. Accordingly, a certain percentage of the granted shares is deferred for up to five years after the date of retirement after the deferred grant has been confirmed. 

<sup>3</sup> Relative TSR (Total Shareholder Return): [(Fair value at the end of the contract—Fair value at the beginning of the contract) + (Total amount of dividend per share paid during the contract period)] / Fair value at the beginning of the contract 

<sup>4</sup> Performance results of company and employee

<sup>5</sup> EPS (Earnings Per Share), Asset Quality, HCROI (Human Capital Return On Investment), Non-bank segment profit

<sup>6</sup> EPS, Asset Quality

The stock grant linked to long-term performance is an incentive plan that sets, on grant date, the maximum number of shares that can be awarded. Actual shares to be granted is determined in accordance with achievement of pre-set performance targets over the vesting period.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

20.2.2 Stock grants linked to short-term performance

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **Estimated number of**<br>**vested shares \*** | **Vesting**<br> **conditions** |
|  **KB Financial Group Inc.** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2016 | 1040 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 | 13997 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 | 16104 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 | 15005 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 | 3606 | Proportional to service period |
|  **Kookmin Bank** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2022 | 14315 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 | 78274 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 | 73416 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 | 49122 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 | 11618 | Proportional to service period |
|  **Other subsidiaries** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2015 | 645 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2016 | 3418 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2017 | 15684 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2018 | 42234 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2019 | 28401 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2020 | 31693 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2021 | 54429 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2022 | 78762 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2023 | 247301 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2024 | 310227 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2025 | 271133 | Satisfied |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stock granted in 2026 | 12607 | Proportional to service period |
|  | 1373031 |  |

---

\* Executives and employees were given the right of choice about the timing of the deferred payment (after the date of retirement), payment ratio, and payment period. Accordingly, a certain percentage of the granted shares is deferred for up to five years after the date of retirement after the deferred grant has been confirmed. 

Share-based payments arrangement for subsidiaries was transferred to the Company in 2010, and the related compensation cost paid to the executives and employees of subsidiaries is reimbursed by subsidiaries. The accrued expenses for share-based payments as of March 31, 2026 and December 31, 2025, are W 311,804 million and W 395,692 million, respectively, and the receivables to be reimbursed by subsidiaries for the compensation costs as of March 31, 2026 and December 31, 2025, are W 285,564 million and W 361,960 million, respectively. And compensation costs from share-based payments amounting to W 5,167 million and W 758 million were recognized for the three-month periods ended March 31, 2026 and 2025, respectively.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**21. Income Tax Benefit (Expense)** 

Details of income tax benefit (expense) for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  **Income tax payable** | W |  | W |  |
|  **Changes in deferred tax assets and liabilities** |  | 651 |  | (4557) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Origination and reversal of temporary differences |  | 651 |  | (4557) |
|  **Income tax recognized directly in equity** |  | (24) |  | (4) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Remeasurements of net defined benefit liabilities |  | (24) |  | (4) |
|  **Others** |  |  |  | (2829) |
|  **Income tax benefit (expense)** | W | 627 | W | (7390) |

---

**22. Earnings per Share** 

22.1 Basic Earnings per Share

Basic earnings per share is calculated from the earnings attributable to ordinary shares.

22.1.1 Weighted average number of ordinary shares outstanding

---

| | | |
|:---|:---|:---|
| *(In number of shares)* | **March 31, 2026** | **March 31, 2025** |
|  Number of issued ordinary shares | 372850455 | 393528423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of treasury shares \* | (17462733) | (25623213) |
|  Weighted average number of ordinary shares outstanding | 357728833 | 372004102 |

---

\* Treasury stock retired during the year ended March 31, 2026 was deducted from Jan 15, 2026.

22.1.2 Basic earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In Korean won and in number of shares)* | **2026** | **2026** | **2025** | **2025** |
|  Profit for the period | W | 1217168269569 | W | 2326592765304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deduction: Dividends on hybrid securities |  | (44808075000) |  | (49634075000) |
|  Profit attributable to ordinary equity holders (A) |  | 1172360194569 |  | 2276958690304 |
|  Weighted average number of ordinary shares outstanding (B) |  | 357728833 |  | 372004102 |
|  Basic earnings per share (A/B) | W | 3277 | W | 6121 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

22.2 Diluted Earnings per Share

Diluted earnings per share is calculated through increasing the weighted average number of ordinary shares outstanding by the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares. The Company has dilutive potential ordinary shares such as stock grants.

A calculation is done to determine the number of shares that could have been acquired at fair value (determined as the average market share price for the year) based on the monetary value of stock grants. The number of shares calculated above is compared with the number of shares that would have been issued assuming the settlement of stock grants.

22.2.1 Adjusted profit for diluted earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In Korean won)* | **2026** | **2026** | **2025** | **2025** |
|  Profit attributable to the ordinary equity holders \* | W | 1172360194569 | W | 2276958690304 |
|  Adjustment |  |  |  |  |
|  Adjusted profit for diluted earnings per share | W | 1172360194569 | W | 2276958690304 |

---

\* The amount is after deducting dividends on hybrid securities.

22.2.2 Weighted average number of ordinary shares outstanding for diluted earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In number of shares)* | **2026** | **2026** | **2025** | **2025** |
|  Weighted average number of ordinary shares outstanding |  | 357728833 |  | 372004102 |
|  Adjustment: |  |  |  |  |
|  Stock grants |  | 3096066 |  | 3835255 |
|  Adjusted weighted average number of ordinary shares outstanding for diluted earnings per share |  | 360824899 |  | 375839357 |

---

22.2.3 Diluted earnings per share

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In Korean won and in number of shares)* | **2026** | **2026** | **2025** | **2025** |
|  Adjusted profit for diluted earnings per share | W | 1172360194569 | W | 2276958690304 |
|  Adjusted weighted average number of ordinary shares outstanding for diluted earnings per share |  | 360824899 |  | 375839357 |
|  Diluted earnings per share | W | 3249 | W | 6058 |

---

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**23. Statement of Cash Flows** 

23.1 Details of cash and cash equivalents as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,**<br>**2025** | **December 31,**<br>**2025** |
|  Due from financial institutions | W | 1454746 | W | 974585 |
|  Deduction: |  |  |  |  |
|  Restricted due from financial institutions |  | (3) |  | (3) |
|  Due from financial institutions with original maturities over three months |  |  |  |  |
|  |  | (3) |  | (3) |
|  | W | 1454743 | W | 974582 |

---

23.2 Cash inflows and outflows from income tax, interest, and dividends for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | **Activity** | **Activity** | **2026** | **2026** | **2025** | **2025** |
|  Income tax paid |  | Operating | W | 2774 | W | 2589 |
|  Interest received |  | Operating |  | 8071 |  | 4496 |
|  Interest paid |  | Operating |  | 31585 |  | 18460 |
|  Dividends received |  | Operating |  | 1282965 |  | 2372119 |
|  Dividends paid |  | Financing |  | 44808 |  | 49634 |

---

**24. Contingent Liabilities and Commitments** 

24.1 Commitments made with financial institutions as of March 31, 2026 and December 31, 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
|  |  | **Amount of<br>commitments** | **Amount of<br>commitments** | **Amount**<br>**borrowed** | **Amount of<br>commitments** | **Amount of<br>commitments** | **Amount<br>borrowed** |
|  General loan | Hana Bank | W | 200000 | W | W | 200000 | W |
|  General loan | Shinhan Bank |  | 200000 |  |  | 200000 |  |
|  General loan | NongHyup Bank |  | 300000 |  |  | 300000 |  |

---

24.2 Other Matter

The Company has no ongoing lawsuits in which it is a defendant as of March 31, 2026.

------

**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

**25. Related Party Transactions** 

According to Korean IFRS No.1024, the Company includes subsidiaries and key management personnel (including family members) in the scope of related parties. The Company discloses balances (receivables and payables) and other amounts arising from transactions with related parties in the notes to the financial statements. Refer to Note 9 for details of subsidiaries. Key management personnel include the executives of the Company, their close family members, and the companies where the executives and/or their close family members have control or joint control.

25.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025 are as follows:

*(In millions of Korean won)* 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Subsidiaries** | **Profit or loss** | **2026** | **2026** | **2025** | **2025** |
|  Kookmin Bank | Interest income | W | 3338 | W | 1607 |
|  Kookmin Bank | Fee and commission income |  | 299 |  | 294 |
|  Kookmin Bank | Fee and commission expense |  | 10 |  |  |
|  Kookmin Bank | Net other operating income <sup>1</sup> |  | 934116 |  | 1625587 |
|  Kookmin Bank | General and administrative expenses |  | 5858 |  | 4149 |
|  KB Securities Co., Ltd. | Interest expense |  | 25 |  | 85 |
|  KB Securities Co., Ltd. | Fee and commission income |  | 13 |  | 17 |
|  KB Securities Co., Ltd. | Net gains (losses) on financial assets at fair value through profit or loss |  | 1113 |  | 10352 |
|  KB Securities Co., Ltd. | Net other operating income <sup>1</sup> |  |  |  | 280000 |
|  KB Securities Co., Ltd. | General and administrative expenses |  | 457 |  | 319 |
|  KB Insurance Co., Ltd. | Fee and commission income |  | 15 |  | 18 |
|  KB Insurance Co., Ltd. | General and administrative expenses |  | 751 |  | 654 |
|  KB Insurance Co., Ltd. | Net other operating income <sup>1</sup> |  |  |  | 299982 |
|  KB Kookmin Card Co., Ltd. | Fee and commission income |  | 5 |  | 6 |
|  KB Kookmin Card Co., Ltd. | Net other operating income <sup>1</sup> |  | 200008 |  |  |
|  KB Kookmin Card Co., Ltd. | General and administrative expenses |  | 570 |  | 335 |
|  KB Kookmin Card Co., Ltd. | Net non-operating income |  | 2 |  | 1 |
|  KB Life Insurance Co., Ltd. | Fee and commission income |  | 3 |  | 4 |
|  KB Life Insurance Co., Ltd. | Net other operating income <sup>1</sup> |  |  |  | 130000 |
|  KB Life Insurance Co., Ltd. | General and administrative expenses |  | 141 |  | 241 |
|  KB Asset Management Co., Ltd. | Net other operating income <sup>1</sup> |  | 60000 |  | 20000 |
|  KB Asset Management Co., Ltd. | General and administrative expenses |  | 90 |  | 42 |
|  KB Capital Co., Ltd | Fee and commission income |  | 3 |  | 3 |
|  KB Capital Co., Ltd | Net gains (losses) on financial assets at fair value through profit or loss |  | 7457 |  | 8811 |
|  KB Capital Co., Ltd | Net other operating income <sup>1</sup> |  | 71107 |  | 8 |
|  KB Capital Co., Ltd | General and administrative expenses |  | 62 |  | 48 |
|  KB Real Estate Trust. Co., Ltd. | Net gains (losses) on financial assets at fair value through profit or loss |  | 2925 |  | 4659 |
|  KB Real Estate Trust. Co., Ltd. | General and administrative expenses |  | 53 |  | 55 |

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**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

25.1 Details of significant profit or loss arising from transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

*(In millions of Korean won)* 

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| | | | |
|:---|:---|:---|:---|
| **Subsidiaries** | **Profit or loss** | **2026** | **2025** |
|  KB Savings Bank Co., Ltd. | Interest income | W486 | W944 |
|  KB Savings Bank Co., Ltd. | Net gains (losses) on financial assets at fair value through profit or loss | (1250) | 936 |
|  KB Investment Co., Ltd. | Interest income | 2720 | 2433 |
|  KB Investment Co., Ltd. | Provision (reversal) for credit losses | (1) | (1) |
|  KB Data Systems Co., Ltd. | General and administrative expenses | 881 | 169 |

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<sup>1</sup> Net other operating income includes dividend income from subsidiaries.

25.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows:

*(In millions of Korean won)* 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Subsidiaries** | **Assets or liabilities** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Kookmin Bank | Cash and due from financial institutions | W | 1401755 | W | 970591 |
|  Kookmin Bank | Other assets |  | 1161724 |  | 1015164 |
|  Kookmin Bank | Other liabilities |  | 5266 |  | 134 |
|  Kookmin Bank | Property and equipment |  | 1068 |  | 175 |
|  KB Securities Co., Ltd. | Cash and due from financial institutions |  | 52991 |  |  |
|  KB Securities Co., Ltd. | Financial assets at fair value through profit or loss |  | 538140 |  | 543637 |
|  KB Securities Co., Ltd. | Other assets |  | 116969 |  | 129601 |
|  KB Securities Co., Ltd. | Other liabilities |  | 196956 |  | 177981 |
|  KB Insurance Co., Ltd. | Other assets |  | 36953 |  | 45965 |
|  KB Insurance Co., Ltd. | Other liabilities |  | 154975 |  | 126661 |
|  KB Kookmin Card Co., Ltd. | Other assets |  | 63504 |  | 62601 |
|  KB Kookmin Card Co., Ltd. | Other liabilities |  | 1252 |  | 936 |
|  KB Life Insurance Co., Ltd. | Other assets |  | 13675 |  | 16774 |
|  KB Life Insurance Co., Ltd. | Other liabilities |  | 55410 |  | 121861 |
|  KB Asset Management Co., Ltd. | Other assets |  | 41790 |  | 38539 |
|  KB Asset Management Co., Ltd. | Other liabilities |  | 90 |  |  |
|  KB Capital Co., Ltd. | Financial assets at fair value through profit or loss |  | 449793 |  | 500496 |
|  KB Capital Co., Ltd. | Other assets |  | 47327 |  | 41580 |
|  KB Capital Co., Ltd. | Other liabilities |  | 69 |  | 6 |
|  KB Real Estate Trust Co., Ltd. | Financial assets at fair value through profit or loss |  | 150201 |  | 152972 |
|  KB Real Estate Trust Co., Ltd. | Other assets |  | 5496 |  | 6459 |
|  KB Real Estate Trust Co., Ltd. | Other liabilities |  | 53 |  |  |
|  KB Savings Bank Co., Ltd. | Financial assets at fair value through profit or loss |  | 53719 |  | 54502 |
|  KB Savings Bank Co., Ltd. | Other assets |  | 3233 |  | 3985 |
|  KB Savings Bank Co., Ltd. | Other liabilities |  | 759 |  | 525 |

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**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

25.2 Details of significant outstanding balances of receivables and payables arising from transactions with related parties as of March 31, 2026 and December 31, 2025, are as follows: (cont'd)

*(In millions of Korean won)*

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Subsidiaries** | **Assets or liabilities** | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  KB Investment Co., Ltd. | Loans measured at amortized cost (gross amount) | W | 350000 | W | 350000 |
|  KB Investment Co., Ltd. | Allowances for credit losses |  | 888 |  | 888 |
|  KB Investment Co., Ltd. | Other assets |  | 13707 |  | 12345 |
| KB Data Systems Co., Ltd. | Intangible assets |  |  |  | 371 |
|  | Other assets |  | 4984 |  | 5803 |
|  | Other liabilities |  | 265 |  | 239 |

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25.3 Right-of-use assets and lease liabilities with related parties as of March 31, 2026 and December 31, 2025, are as follows:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | *(In millions of Korean won)* | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Subsidiary | Kookmin Bank | Right-of-use assets | W | 1068 | W | 175 |

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25.4 Credit card commitments provided from related parties as of March 31, 2026 and December 31, 2025, are as follows:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* |  | **March 31,**<br>**2026** | **March 31,**<br>**2026** | **December 31,<br>2025** | **December 31,<br>2025** |
|  Subsidiary | KB Kookmin Card Co.,<br>Ltd. | Lines of credit for credit card | W | 3000 | W | 3000 |

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25.5 Share transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* |  | **2026** | **2026** | **2025** |
|  Subsidiary | KB Capital Co., Ltd. | Redemption of hybrid securities | W | (50292) | W |
|  | KB Securities Co., Ltd. | Issuance of ordinary share |  | 700000 |  |

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25.6 Details of significant lending transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| *(In millions of Korean won)* | *(In millions of Korean won)* | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
| | | **Beginning** | **Beginning** | **Loan** | **Collection** | **Ending** | **Ending** |
|  Subsidiary | KB Investment Co., Ltd. | W | 350000 | W | W | W | 350000 |
|  | KB Savings Bank Co., Ltd. \* |  | 70000 |  |  |  | 70000 |

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**KB Financial Group Inc.** 

**Notes to the Separate Interim Financial Statements** 

**March 31, 2026 and 2025 (Unaudited), and December 31, 2025** 

25.6 Details of significant lending transactions with related parties for the three-month periods ended March 31, 2026 and 2025, are as follows: (cont'd)

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
| *(In millions of Korean won)* | *(In millions of Korean won)* | **Beginning** | **Beginning** | **Loan** | **Collection** | **Ending** | **Ending** |
|  Subsidiary | KB Investment Co., Ltd. | W | 360000 | W | W | W | 360000 |
|  | KB Savings Bank Co., Ltd. \* |  | 70000 |  |  |  | 70000 |

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\* Par value of subordinated bond issued by KB Savings Bank Co., Ltd. The difference between par value and fair value at the acquisition date was accounted for as investments in subsidiaries.

25.7 Details of compensation to key management personnel for the three-month periods ended March 31, 2026 and 2025, are as follows:

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** | **2026** |
| *(In millions of Korean won)* | **Short-term**<br>**employee<br>benefits** | **Short-term**<br>**employee<br>benefits** | **Post-<br>employment<br>benefits** | **Post-<br>employment<br>benefits** | **Share-based<br>payments** | **Share-based<br>payments** | **Total** | **Total** |
|  Registered directors (executive) | W | 425 | W | 10 | W | 1642 | W | 2077 |
|  Registered directors (non-executive) |  | 176 |  |  |  |  |  | 176 |
|  Non-registered directors |  | 1373 |  | 60 |  | 3525 |  | 4958 |
|  | W | 1974 | W | 70 | W | 5167 | W | 7211 |

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** | **2025** |
| *(In millions of Korean won)* | **Short-term**<br>**employee<br>benefits** | **Short-term**<br>**employee<br>benefits** | **Post-<br>employment<br>benefits** | **Post-<br>employment<br>benefits** | **Share-based<br>payments** | **Share-based<br>payments** | **Total** | **Total** |
|  Registered directors (executive) | W | 425 | W | 10 | W | 186 | W | 621 |
|  Registered directors (non-executive) |  | 181 |  |  |  |  |  | 181 |
|  Non-registered directors |  | 1141 |  | 60 |  | 572 |  | 1773 |
|  | W | 1747 | W | 70 | W | 758 | W | 2575 |

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**26. Events after the reporting period** 

According to the resolution of the Board of Directors on April 23, 2026, the quarterly dividend per share of W 1,143 with a dividend record date of May 8, 2026, was declared. The Company's financial statements as of March 31, 2026, do not reflect this dividend payable.

Pursuant to the resolution of the Board of Directors dated April 23, 2026, the Company plans to acquire treasury shares amounting to W 600,000 million on the Stock Exchange by July 20, 2026. In addition, the Company plans to retire 14,262,733 shares of treasury shares currently held without an initial retirement plan on May 15, 2026.