Daesang Holdings "No Confirmed Plans to Sell Shares of Chorokmaeul"

[Asia Economy Reporter Lee Jung-yoon] Daesang Holdings stated, "On February 18, 2022, related articles were reported in Maeil Business Newspaper and others, stating that our company would sell the shares of our subsidiary Chorokmaeul." The company announced on the 18th, "We have selected Citigroup Global Markets Securities as an advisor for Chorokmaeul and are pursuing strategic partnerships or share sales, but as of the time of this disclosure, nothing has been specifically confirmed."

They added, "We will re-disclose within one month or at the time when specific details related to this are decided."