Lotte Chemical Titan Holding Berhad announced the appointment of Mr. Moon Young Tae, age 52, male, as Non-Independent Director and Executive, date of change February 1, 2023. Qualification: Degree in Chemical Engineering from Chonnam National University, Republic of Korea. Mr. Moon Young Tae joined the Company on 27 December 2022 as Executive Vice President, Manufacturing.

He is responsible for overseeing and managing all production units, maintenance, technical processes, safety, quality, task force and innovation. Mr. Moon has over 28 years of experience in plant operation management including naphtha cracker operations, production, utility maintenance, technical processes and safety and environment in the petrochemical industry. He joined Lotte Chemical Corporation ("LCC") in 1995 and has successfully led many production improvement projects, including the expansion of the naphtha cracker plant in LCC's Yeosu Plant.

Mr. Moon is an appointed representative of LCC, the major shareholder of the Company.