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- The company records 480 billion won in sales and 35.6 billion won in operating profit in Q2 - Cathode business accounts for 35% of the enterprise business, driving growth as a new flagship sector

- POSCO Chemical concludes an investment deal for a 60,000-ton cathode plant with Gyeongsangbuk-do and Pohang, accelerating investment - Will build a global production system of 270,000 tons by 2025, with 160,000 tons from Korea and 110,000 tons overseas, aimed at becoming the world’s top-tier producer - POSCO Chemical CEO Min Kyung-zoon said, “We will build the most competitive production base in the world and lead the K-battery industry.”

Agreement on investment on cathode material production

Corporate Citizenship Report of POSCO Chemical

- Introduction of environmental performance including technological innovations in secondary cell materials in response to climate change - Establishment of a safety management system and intensified corporate governance including the BOD, included as main achievements - CEO Min Kyung-zoon stressed, “We will promote sustainability through technological development in secondary cells and bold investment.”

POSCO Chemical make presence at InterBattery 2021

- Records consolidated sales of 467.2 billion and operating profit of 34.3 billion won in Q1, showing a sharp increase from last year - Debt-to-equity ratio drops by over twofold, strengthening financial soundness and accelerating investment on energy materials - Rise in sales to the EV sector improves sales of cathodes by 236% and anodes by 26% YOY - Increased profit by PMC Tech following the rising demand for electrode rods reflected in the net profit

POSCO Chemical has completed setting up smart factory model with world-best quality management, which will be utilized on further manufacturing effort

- POSCO Chemical to supply essential battery materials, cathodes and anodes, to Ultium Cells, and enter the global market in earnest - Developed proprietary anodes with low-volume expansion for GM EV batteries with longer life and rapid charging - Backed by the support of POSCO Group, synergy is expected from the integration of separate businesses, and R&D to obtain visible results in the secondary cell sector - Will accelerate growth with differentiated competitiveness by developing market-leading products and securing a value chain for raw materials

POSCO Chemical to supply essential battery materials, cathodes and anodes, to Ultium Cells, and enter the global market in earnest