Lotte Trading Co., Ltd. announced a private placement of 13,085 shares at an issue price of KRW 627,943 per share for gross proceeds of KRW 8,216,634,155 on May 27, 2021. The company is raising funding through third party allocation increase. The transaction will include participation from returning investor LOTTE Corporation (KOSE:A004990). The payment date of the transaction is August 27, 2021. The transaction has been approved by the board of directors.