External broker reports(aggregated public sources), Daishin Securities

Daishin Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

Lotte Chilsung Beverage Co / Equity Bottom-Up

<ul><li>Earnings beat on strong overseas performance offsetting weak domestic results</li><li>Overseas subsidiaries show signs of improvement (Rev: +15% YoY, OP: 70% YoY)</li><li>Improved raw material cost pressure and domestic demand likely to support 2H25 standalone earnings</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Earnings beat on strong overseas performance offsetting weak domestic resultsOverseas subsidiaries show signs of improvement (Rev: +15% YoY, OP: 70% YoY)Improved raw material cost pressure and domestic demand likely to support 2H25 standalone earningsContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Lotte Chilsung (005300 KS Aug 5, 2025) - Overseas Momentum Picking up Speed