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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM N-PX
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ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-04058
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THE KOREA FUND, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
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60 VICTORIA EMBANKMENT LONDON EC4Y 0JP
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)
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C/O CARMINE LEKSTUTIS, CHIEF LEGAL OFFICER
JPMORGAN, 4 NEW YORK PLAZA
NEW YORK, NY 10004
(NAME AND ADDRESS OF AGENT FOR SERVICE)
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REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: +44 207 742 3436
DATE OF FISCAL YEAR END: JUNE 30
DATE OF REPORTING PERIOD: JULY 1, 2020 THROUGH JUNE 30, 2021
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ITEM 1. PROXY VOTING RECORD
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-04058
Reporting Period: 07/01/2020 - 12/31/2020
The Korea Fund, Inc.
============================= The Korea Fund, Inc. =============================
HUGEL, INC.
Ticker: 145020 Security ID: Y3R47A100
Meeting Date: DEC 09, 2020 Meeting Type: Special
Record Date: NOV 12, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Reduction in Capital For For Management
2 Approve Adjustment of Exercise Price For For Management
of Stock Option
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KANGWON LAND, INC.
Ticker: 035250 Security ID: Y4581L105
Meeting Date: AUG 14, 2020 Meeting Type: Special
Record Date: JUL 13, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Kim Nak-hoe as Outside Director For For Management
1.2 Elect Park Mi-ock as Outside Director For For Management
2.1 Elect Kim Nak-hoe as a Member of Audit For For Management
Committee
3 Amend Articles of Incorporation For For Management
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KANGWON LAND, INC.
Ticker: 035250 Security ID: Y4581L105
Meeting Date: NOV 12, 2020 Meeting Type: Special
Record Date: OCT 12, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Ko Gwang-pil as Inside Director For For Management
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KB FINANCIAL GROUP, INC.
Ticker: 105560 Security ID: Y46007103
Meeting Date: NOV 20, 2020 Meeting Type: Special
Record Date: OCT 12, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Yoon Jong Kyoo as Inside Director For For Management
2 Elect Hur Yin as Non-Independent For For Management
Non-Executive Director
3 Elect Yun Sun-jin as Outside Director Against Against Shareholder
- Shareholder Proposal
4 Elect Ryu Young-jae as Outside Against Against Shareholder
Director - Shareholder Proposal
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LG CHEM LTD.
Ticker: 051910 Security ID: Y52758102
Meeting Date: OCT 30, 2020 Meeting Type: Special
Record Date: OCT 05, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Split-Off Agreement For For Management
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LG CHEM LTD.
Ticker: 051910 Security ID: Y52758110
Meeting Date: OCT 30, 2020 Meeting Type: Special
Record Date: OCT 05, 2020
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Split-Off Agreement For For Management
========== END NPX REPORT
PRIMARY PRIMARY PRIMARY MEETING RECORD
COMPANY NAME SECURITY ID PRIMARY ISIN CUSIP SEDOL COUNTRY DATE DATE
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 29-Jan-21 06-Jan-21
HYBE Co., Ltd. Y0S0UG104 KR7352820005 Y0S0UG104 BNGCJ25 South Korea 14-May-21 19-Apr-21
HYBE Co., Ltd. Y0S0UG104 KR7352820005 Y0S0UG104 BNGCJ25 South Korea 14-May-21 19-Apr-21
GS Retail Co., Ltd. Y2915J101 KR7007070006 Y2915J101 B7F9Q79 South Korea 28-May-21 19-Apr-21
GS Retail Co., Ltd. Y2915J101 KR7007070006 Y2915J101 B7F9Q79 South Korea 28-May-21 19-Apr-21
Korea Electric Power Corp. Y48406105 KR7015760002 Y48406105 6495730 South Korea 28-May-21 22-Mar-21
Korea Electric Power Corp. Y48406105 KR7015760002 Y48406105 6495730 South Korea 28-May-21 22-Mar-21
Korea Electric Power Corp. Y48406105 KR7015760002 Y48406105 6495730 South Korea 28-May-21 22-Mar-21
Daewoo Engineering & Construction Co. Ltd. Y1888W107 KR7047040001 Y1888W107 6344122 South Korea 07-Jun-21 07-May-21
Daewoo Engineering & Construction Co. Ltd. Y1888W107 KR7047040001 Y1888W107 6344122 South Korea 07-Jun-21 07-May-21
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 23-Jun-21 30-Apr-21
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 23-Jun-21 30-Apr-21
Kangwon Land, Inc. Y4581L105 KR7035250000 Y4581L105 6683449 South Korea 23-Jun-21 30-Apr-21
PROPOSAL
MEETING VOTABLE SHARES SHARES SEQUENCE PROPOSAL VOTABLE
COMPANY NAME TYPE SHARES ON LOAN VOTED PROPONENT NUMBER NUMBER PROPOSAL
Kangwon Land, Inc. Special 89595 0 89595 Management 2 1.1 Yes
Kangwon Land, Inc. Special 89595 0 89595 Management 3 1.2 Yes
Kangwon Land, Inc. Special 89595 0 89595 Management 4 2 Yes
Kangwon Land, Inc. Special 89595 0 89595 Management 5 3 Yes
HYBE Co., Ltd. Special 4200 0 4200 Management 1 1 Yes
HYBE Co., Ltd. Special 4200 0 4200 Management 2 2 Yes
GS Retail Co., Ltd. Special 110000 0 110000 Management 1 1 Yes
GS Retail Co., Ltd. Special 110000 0 110000 Management 2 2 Yes
Korea Electric Power Corp. Special 138000 0 138000 Management 1 1 Yes
Korea Electric Power Corp. Special 138000 0 138000 Management 2 2 Yes
Korea Electric Power Corp. Special 138000 0 138000 Management 3 3 Yes
Daewoo Engineering & Construction Co. Ltd. Special 570400 0 570400 Management 1 1 Yes
Daewoo Engineering & Construction Co. Ltd. Special 570400 0 570400 Management 2 2 Yes
Kangwon Land, Inc. Special 84000 0 84000 Management 1 1 Yes
Kangwon Land, Inc. Special 84000 0 84000 Management 2 2 Yes
Kangwon Land, Inc. Special 84000 0 84000 Management 3 3 Yes
MANAGEMENT
COMPANY NAME PROPOSAL TEXT RECOMMENDATION
Kangwon Land, Inc. Elect Park Gwang-hui as Inside Director For
Kangwon Land, Inc. Elect Sim Gyu-ho as Inside Director For
Kangwon Land, Inc. Elect Choi Gyeong-sik as Outside Director For
Kangwon Land, Inc. Elect Kim Ju-il as Director to Serve as an Audit Committee Member For
HYBE Co., Ltd. Approve Split-Off Agreement For
HYBE Co., Ltd. Elect Scott Braun as Inside Director For
GS Retail Co., Ltd. Approve Merger Agreement with GS Home Shopping, Inc. For
GS Retail Co., Ltd. Amend Articles of Incorporation For
Korea Electric Power Corp. Elect Jeong Seung-il as CEO For
Korea Electric Power Corp. Elect Park Heon-gyu as Inside Director For
Korea Electric Power Corp. Elect Park Hyo-seong as a Member of Audit Committee For
Daewoo Engineering & Construction Co. Ltd. Amend Articles of Incorporation For
Daewoo Engineering & Construction Co. Ltd. Elect Kim Hyeong as Inside Director For
Kangwon Land, Inc. Elect Kim Young-su as Inside Director For
Kangwon Land, Inc. Elect Kim Young-su as a Member of Audit Committee For
Kangwon Land, Inc. Elect Lee Gwan-hyeong as Outside Director For
ISS VOTE
COMPANY NAME RECOMMENDATION INSTRUCTION
Kangwon Land, Inc. Against Against
Kangwon Land, Inc. For For
Kangwon Land, Inc. For For
Kangwon Land, Inc. For For
HYBE Co., Ltd. For For
HYBE Co., Ltd. For For
GS Retail Co., Ltd. For Do Not Vote
GS Retail Co., Ltd. For Do Not Vote
Korea Electric Power Corp. For For
Korea Electric Power Corp. For For
Korea Electric Power Corp. For For
Daewoo Engineering & Construction Co. Ltd. For For
Daewoo Engineering & Construction Co. Ltd. For For
Kangwon Land, Inc. For For
Kangwon Land, Inc. Against Against
Kangwon Land, Inc. For For
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant): The Korea Fund, Inc.
By (Signature and Title)*: /s/ Simon J. Crinage
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Name: Simon J. Crinage
Title: President and Chief Executive Officer
Date: August 31, 2021
* Print the name and title of each signing officer under his or her signature.