POSCO FUTURE M

- 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

POSCO Chemical completed the approval process for the transfer to KOSPI.

On May 21, 2019, POSCO Chemical announced that it had been notified by the Office of the Securitized Product Market that it had met all listing requirements.

POSCO Chemical had been applied with a fast track, a streamlined screening process for large blue-chip companies. This reduced the review period from the conventional 45 business days to just 20 business days.

As the process is completed, stock trading in the KOSPI market will begin in the month of May. The exact date is subject to change according to the resolution by the board of directors and consultation with relevant agencies. There is no suspension period due to delisting from the KOSDAQ market.

Through the switch, POSCO Chemical anticipates that it will secure a stable investment environment and shareholder base to propel growth in the new businesses including energy materials, while improving shareholder value and external credibility through inclusion in the KOSPI 200 Index.

[Reference]

- POSCO Chemical was listed on KOSDAQ in November 2001

- Ranked 5^th on KOSDAQ based on aggregate market price as of May 21, 2019

- Number of transferred shares: 60,988,220 common shares