LOTTE rental Q1 OP 83.6bn won… M&A uncertainty

Consolidated Q1 2026 revenue 730.9bn won, OP 83.6bn won
Net profit attr. to parent 31.1bn won, EPS 857 won
Credit ratings maintained: A+ (domestic), Baa3/BBB- (international)
Announced shareholder return policy: >40% of consolidated net profit over 3 years
Share purchase agreement for controlling stake (56.2%, 1.57tr won) blocked by FTC, creating uncertainty
Conditional capital increase of 211.9bn won to Careena not executed
Socar share acquisition litigation under appeal
Market share 19.3%, #1 in rental car industry
Debt ratio 372.3% (within covenant of 950%)