Lotte SK Eneroot Corporation announced a private placement of 1,080,000 shares at an issue price of KRW 5,000 per share for the gross proceeds of KRW 5,400,000,000 on June 29, 2023. The transaction will include participation from new investor Lotte Chemical Corporation and SK Gas Co., Ltd. The transaction has been approved by the shareholders of the company. The company will receive funding through shareholder allocation.