We refer to the article titled “Lotte puts Lotte Chemical Titan in Malaysia on market” published by The Korea Economic Daily on 6 March 2024 and similar news published in other media platforms in relation to a proposed sale by Lotte Chemical Corporation (“LCC”) of its interest in the Company.
We wish to clarify that after making due enquiry, we understand that LCC is considering various strategic measures related to the Company without making any decision thus far.
The Company will make the necessary announcement as required by the Main Market Listing Requirements should there be any further update.
This announcement is dated 7 March 2024.