Chairman Shin Dong-bin meets with presidents the day after tomorrow... "We need to restore competitiveness through intensive reform."

Lotte Group Chairman Shin Dong-bin will hold a meeting with representatives of affiliates the day after tomorrow (9th) to discuss business strategies for this year.

Lotte announced that it will hold a meeting of VCM and presidents in the first half of the year presided over by Chairman Shin at Lotte World Tower in Jamsil, Seoul, on the afternoon of the 9th.

Normally, about 80 people, including Lotte Group CEO and affiliate representatives, attend the meeting to look back on last year's management performance and share new year's management goals.

In his New Year's address on the 2nd, Chairman Shin Dong-bin said, "If we don't innovate, we could face a bigger crisis," and called for restoring the competitiveness of our core businesses through intensive renovation.