Lotte Chilsung Beverage Selected as '2021 IR Excellent Company'

[Asia Economy Reporter Seungjin Lee] Lotte Chilsung Beverage announced on the 15th that it was selected as an IR Excellent Company at the '2021 Korea IR Awards Ceremony' in recognition of its efforts to strengthen communication with the market and maximize corporate and shareholder value through active IR (Investor Relations) activities.

The Korea IR Council has been conducting the Korea IR Awards annually since 2001. The awards aim to promote IR activation among domestic listed companies and contribute to the sound development of the capital market by selecting and awarding IR excellent companies and the Best IRO (Investor Relations Officer) who have contributed to the development of the capital market through active and efficient IR activities and shareholder-oriented management.

Lotte Chilsung Beverage was highly evaluated for its efforts to enhance shareholders' understanding and trust through ▲establishment of a dedicated IR organization to strengthen IR functions ▲strengthening transparency and reliability through active participation of management including the CEO, head of strategic planning, and head of finance in IR activities ▲improving investors' information accessibility and fairness by introducing preliminary disclosures and regular quarterly earnings presentations ▲expanding video IR meetings and introducing electronic voting systems in response to the preference for non-face-to-face situations due to COVID-19.

In addition, Lotte Chilsung Beverage held an online joint IR event for overseas institutional investors with Lotte Food BU and conducted 'compliance education' for internal employees as part of compliance management to prevent unfair stock trading. By the end of this year, it is preparing to publish a sustainability management report to transparently communicate ESG (Environmental, Social, and Governance) performance to various stakeholders. In the mid to long term, it plans to further strengthen shareholder-friendly management by expanding IR access channels and introducing English disclosures.

A Lotte Chilsung Beverage official said, "We are pleased that our efforts for transparent and active communication with various stakeholders, including shareholders, have led to the good result of being selected as an IR excellent company," and added, "We will continue to focus on IR activities that can continuously enhance shareholder value and corporate value."

This content was produced with the assistance of AI translation services.