An unknown buyer agreed to acquire 0.63% stake in LOTTE Corporation (KOSE:A004990) from Lotte Food Co.,Ltd. (KOSE:A002270) for KRW 45.5 billion on November 30, 2017. Under the terms of the transaction, Lotte Food Co.,Ltd. will transfer 0.47 million shares and will hold no stake in LOTTE Corporation upon completion. The transaction was resolved by the Board of Directors of Lotte Food Co.,Ltd. The transaction is expected to close on December 1, 2017.

An unknown buyer cancelled the acquisition of 0.63% stake in LOTTE Corporation (KOSE:A004990) from Lotte Food Co.,Ltd. (KOSE:A002270) on November 30, 2018.