LOTTE 바카라 에볼루션 (Kim Gyo Hyun,President & CEO) held the 47th annual shareholders' meeting on the 31st floor of LOTTEWorld Tower in Jamsil, Seoul on the 29th (Wednesday) at 9:00 am and proposed four agenda items including ▲approval of the 47th financial statement ▲appointment of directors. It said that all of them were approved according to the original plan.

At the shareholders' meeting on this day, Chairman Shin Dong Bin, Vice Chairman Kim Gyo Hyun, andBasic 바카라 에볼루션s President Hwang Jin Koowere reappointed as inside directors. In addition, Kang Jong Won, head of the Financial Innovation Division (CFO), was appointed as a new inside director. As a new outside director, attorney Cha Kyung Hwan of Pyeongan law firm was appointed.

In addition, a dividend of KRW 3,500 per share of common stock and a total dividend of KRW 119 billion 바카라 에볼루션 be approved, and the company 바카라 에볼루션 continue to make efforts to enhance shareholder value and strengthen profits.

KimGyo Hyun,LOTTE바카라 에볼루션President & CEO, said, “We will lay the foundation for stable profit generation in the petrochemical 바카라 에볼루션 through preemptive securing of future technologies such as strengthening development of high value-added products and qualitative changes such as portfolio reorganization, and by creating a hydrogen 바카라 에볼루션 ecosystem and expanding the battery material 바카라 에볼루션 portfolio, we will actively promote new growth 바카라 에볼루션es that we have set and expand meaningful new 바카라 에볼루션 areas.”

The 47th Annual Shareholders' Meeting – Greetings from Vice Chairman KimGyo Hyun

Last year, we recorded poor management performance in difficult 바카라 에볼루션 environments such as the blockade of the covid, the prolongation of the Russia-Ukraine war, and the rise in raw material prices. Nevertheless, as a result of the passion and efforts of all executives and employees, the company set a new future growth direction and took on the challenge to achieve it without a hitch.

The 바카라 에볼루션 environment we face in 2023 is still an extension of last year. However, we intend to prepare for the year to overcome current issues and lay the foundation for sustainable growth based on an appropriate vision and systematic action plan. We will explain the main promotion strategy that we will promote.

First, we will lay the foundation for stable profit generation in the petrochemical 바카라 에볼루션 through qualitative changes such as preemptively securing future technologies such as strengthening the development of high value-added products and restructuring the portfolio in line with the company's strategic direction.

Second, by creating a hydrogen 바카라 에볼루션 ecosystem and expanding the battery material 바카라 에볼루션 portfolio, we will actively promote new growth 바카라 에볼루션es and expand meaningful new 바카라 에볼루션 areas. In addition, we will further strengthen our capabilities in the battery materials 바카라 에볼루션 through the successful PMI of Lotte Energy Materials, which was recently acquired.

Lastly, through systematic and preemptive risk management and ESG management, we will solidify our global management and strengthen sustainability.

LOTTE 바카라 에볼루션 will continue to do its best in 2023 so that our corporate value enhancement can lead to social value creation. We ask for your unwavering support and encouragement for LOTTE 바카라 에볼루션, and we wish the health and happiness of our shareholders and their families.