Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Lotte Chemical Titan Holding Berhad ("LCT") wishes to announce that its subsidiary, PT Lotte Chemical Indonesia ("LCI"), had, on 12 June 2026, accepted a cash loan of KRW451,740,000,000 (equivalent to approximately RM1.2 billion) commencing from 12 June 2026 until 20 December 2036 from our major shareholder, Lotte Chemical Corporation ("LCC"), to secure funds for the repayment of facility borrowings, including Export Credit Agency ("ECA") loans, and for liquidity management. The repayment period is in instalments over six (6) years from 2031, after a five-year grace period at an interest rate of 1-year Secured Overnight Financing Rate + 1.45%. The loan will not have any material effect on the earnings per share, gearing, share capital and net tangible assets of LCT for the financial year ending 31 December 2026.
LCT and LCC each holds 51% and 24% equity interest respectively in LCI, with the remaining 25% held by securities companies. The loan is not classified as related party transactions according to item 10.3 of the FAQ under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
This announcement is dated 12 June 2026.