KEP Korea Electric Power Corporation

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.

Date: July 13, 2018

Agenda 1. Election of a Standing Director

Mr. Lee, Jung-Hee has played key roles and demonstrated his expertise as a lawyer for more than 20 years. He has been participating in Judicial Evaluation Committee of Korean Bar Association since 2017 and had been a committee member of Presidential Committee on Judicial Reform. He also served as a senior vice president of Korean Bar Association and a commissioner of Administrative Trial Committee of Gwangju Metropolitan City.

In addition, he worked as a committee member of Public Official Ethics Committee of Gwangju Metroppolitan City, Gwangju Metropolitan Office of Education and Damyang-gun. These roles have provided invaluable experience in the area of compliance management. He also holds professorship in law school.

Given his expertise and extensive experience, we expect Mr. Lee, Jung-Hee to perform his duties in our Board of Directors in a responsible manner.

Agenda 2. Election of a Standing Director and Member of the Audit Committee

We expect Mr. Lee, Jung-Hee will bring valuable insights and perspective gained from his extensive experience. His experiences range from laws to tax and labor. He also has depth of understanding in business management field which was gained through completion of Advanced Management Program at Graduate School of Business Chonnam National University. We believe our audit committee would benefit from his extensive career in maintaining balanced view, together with the other two audit committee members of finance and technology experts.

Mr. Lee neither has any relationship with the largest shareholder of KEPCO, nor any transaction with KEPCO within the recent three years. The Director Nomination Committee and the Public Agencies Operating Committee have scrutinized the candidate’s qualifications including his independence requirements under the Act on the Management of Public Institutions and the Korean Commercial Code.

Subject to the approval and appointment, Mr. Lee, Jung-Hee is expected to independently monitor and oversee KEPCO’s management as one of the audit committee members for the term of two years. He will hold a non-executive position, and he will not engage in the day-to-day management.

Appendix. Other Information on the Audit Committee of KEPCO

Under the Board of Directors, KEPCO maintains an Audit Committee pursuant to the Act on the Management of Public Institutions. The audit committee conducts an audit on KEPCO’s business and accounting, and report the results to the Board of Directors. The Audit Committee holds regular meetings on a quarterly basis and also on an as-needed basis. 10 audit committee meetings were held in 2017, and 3 audit committee meetings were held in the first quarter of 2018. All members of the audit committee are independent within the meaning of the Korea Stock Exchange listing standards, the regulations under the Korean Commercial Code and the New York Stock Exchange listing standards.