POSCO FUTURE M

Min Kyung-zoon, president of POSCO Chemical, is posing with players from its parasports team

Signing ceremony

Agreement between POSCO Chemical and OCI on establishing a joint venture for hydrogen peroxide production, Feb 21, 2020

◈ POSCO Chemical to supply cathodes worth 1.8533 trillion won for three years starting in 2020 ◈ The company is to accelerate entry into the EV battery materials market with high-nickel cathodes ◈ The close partnership will help secure a stable supply of essential materials and take the business to new heights

- The output has increased by 20,000 with the completion of phase 1 construction of its second anode plant; a production system of 44,000 tons a year has been established - Will expand production capacity in stages up to 76,000 tons a year to become a market leader - Diversified portfolio of artificial graphite and natural anodes with the performance of natural graphite will help with a strategic response to market change

- Passed the fast track for blue-chip companies, with the switch to be completed this month - Expected to secure a stable investment environment to promote new businesses

- New name expected to signify future-oriented thinking and enhance brand value - Transfer to KOSPI will be decided in a shareholder’s meeting - Integrated cathode and anode businesses will accelerate growth in the new energy materials business