LOTTE CHILSUNG BEVERAGE Decides to Sell Yangpyeong-dong Site for 280.5 Billion KRW and Changes Buyer - Aiming to Secure Liquidity, Limited Impact on Shareholder Value

LOTTE CHILSUNG BEVERAGE decided to sell its land and building in Yangpyeong-dong, Yeongdeungpo-gu, Seoul for 280.5 billion KRW, which accounts for 6.55% of total assets.
The buyer was originally LOTTE E&C but changed to LOTTE Hangang Seonyu PFV Co., Ltd. through a board resolution on June 18, 2026, with all other terms unchanged.
The purpose is to secure liquidity, a defensive capital allocation. Since no new shares are issued, there is no dilution for existing shareholders.
[AI Summary]The sale of Yangpyeong-dong property by LOTTE CHILSUNG BEVERAGE is a defensive move to secure liquidity, with no shareholder dilution, but it does not represent growth-oriented capital allocation.