Organization Status of the Board of Directors

Type	Name	Gender	Post	Terms	Duty	Initial Appointment	Most Recent Appointment	Executive Liability Insurance
Inside Directors	Shin Dong-bin	Male	CEO & Chairman (full-time)	2 years	Chief executive	2004.05.28	2025.03.25	Insured
	Lee Young-jun	Male	CEO & President (full-time)	2 years	Chief Executive	2020.03.25	2024.03.26	Insured
	Hwang Min-jae	Male	CEO & Vice-President (full-time)	2 years	Chief Executive	2025.03.25	2025.03.25	Insured
	Sung Nak-sun	Male	Inside Director (full-time)	2 years	Financial Accounting Sector Supervision	2024.03.26	2024.03.26	Insured
Outside Directors	Cho Woon-hang	Male	Outside Director & Audit Commitee member (part-time)	2 years	Finance / Accounting	2022.03.24	2024.03.26	Insured
	Oh Yoon	Male	Outside Director & Audit Commitee member (part-time)	2 years	Tax	2024.03.26	2024.03.26	Insured
	Sohn Byeong-hyeok	Male	Outside Director (part-time)	2 years	Industry / R&D	2024.03.26	2024.03.26	Insured
	Park Ji-soon	Male	Outside Director (part-time)	2 years	Labor/Employment Policy	2024.03.26	2024.03.26	Insured
	Cho Hye-sung	Female	Outside Director (part-time)	2 years	Industry / R&D	2025.03.25	2025.03.25	Insured
	Seo Hwi-weon	Male	Outside Director & Audit Commitee member (part-time)	2 years	Industry / R&D	2025.03.25	2025.03.25	Insured
Other Non-Executive Director	Kim Jong-geun	Male	Other Non-Executive Director (part-time)	2 years	Business management	2025.03.25	2025.03.25	Insured

LOTTE Chemical appoints outside directors in consideration of the complementarity of diversity and capabilities without restrictions based on gender, race, nationality, etc.

A director’s term is valid from the date of appointment (inauguration) until the closing of the regular stockholders’ meeting for the final accounting period within two years.

LOTTE Chemical maintains liability insurance for directors (total liability limit: 50 billion KRW) to insure against damage claims and legal defense cost.

Our company introduced the representative outside director system in March 2024, and the current representative outside director is Director Sohn Byeong-hyeok.