Termination of KRW 1.57 Trillion Largest Shareholder Change Agreement and Withdrawal of Capital Increase
Due to non-fulfillment of the Fair Trade Commission's merger approval, the agreement to sell 56.2% (20.39 million shares, KRW 1.57 trillion) of LOTTE rental held by Hotel Lotte et al. was terminated on May 18, 2026
Accordingly, the third-party allotment capital increase decided by the board on February 28, 2025 will also be withdrawn
No change in largest shareholder; existing Hotel Lotte and others remain
KOSPI Filing Information
Filing: [Correction of Description] Report on Major Management Matters Related to Investment Decision