LOTTE Rental

A company that strives to raise corporate value and maximize shareholder value

LOTTE rental is aiming to raise corporate value and maximize shareholder value under the management policy of transparent management by composing the board of directors and the committee.

Board Composition

CEO(Board Chair)

Choi, Jinhwan
Date of Appointment : 2023-03-23 (reappointment)

Office Term : Until 2027 general shareholders meeting
Major Career :
- CEO of LOTTE RENTAL Co,.Ltd
- Former CEO of SK Broadband Co,.Ltd
- Former CEO of ADT CAPs Co.,Ltd
- Former CEO of Hyundai Life Insurance Co.,Ltd
Inside Director

Lee, Jangsup
Date of Appointment : 2023-03-23 (reappointment)

Office Term : Until 2027 general shareholders meeting
Major Career :
- Director of Planning Division, LOTTE RENTAL Co.,Ltd
- Former Director of Finance Division, LOTTE RENTAL Co.,Ltd
Outside Director

Choi, Jeongwook
Date of Appointment : 2024-03-26 (reappointment)

Office Term : Until 2028 general shareholders meeting
Major Career :
- President of BnH Tax Services Company
- Former Commissioner, NTS Incheon Regional Office
- Former Assistant Commissioner for National Census Bureau, NTS
- Former Assistant Commissioner for Collection & Legal Affairs Bureau, NTS
Outside Director

Park, Sookyung
Date of Appointment : 2025-03-26

Office Term : Until 2027 general shareholders meeting
Major Career :
- CEO of Duo information, inc
- Former Policy Advisory Committee Member of the Seoul Metropolitan Government
- Former Policy Advisory Committee Member of the MFDS
- Former Non-Governmental Member of the Presidential Committee on Ageing Society and Population Policy
Outside Director

Baek, Bokin
Date of Appointment : 2025-03-26

Office Term : Until 2027 general shareholders meeting
Major Career :
- Executive Advisor of KT&G Corporation
- Former CEO of KT&G Corporation
- Former Head of Manufacturing and R&D Division/ Head of Strategic Planning Division, KT&G Corporation
- Former Head of Strategic Planning Division, KT&G Corporation
Outside Director

Jeon, Kyuan
Date of Appointment : 2026-03-26

Office Term : Until 2028 general shareholders meeting
Major Career :
- Professor of Accounting, College of Business Administration, Soongsil University
- Vice President of Korean Accounting Association
- Former Vice President of Academic Affairs , Soongsil University
- Former President of The Korean Academic Society of Taxation
Other Non Executive Director

Choi, Youngjun
Date of Appointment : 2024-03-26 (reappointment)

Office Term : Until 2027 general shareholders meeting
Major Career :
- Head of Financial Innovation Office of LOTTE Corporation
- Former Team Leader of Finance 2nd Team of LOTTE Corporation
- Former Head of Shopping Finance Division, Distribution HQ, Lotte Group
- Former Head of the Financial Supervisory Division, Lotte Shopping

Process of Electing Outside Directors

Board Evaluation

Evaluation Frequency

The board conducts an annual evaluation of its operations and those of its committees.

Evaluation Subjects, Method, Criteria

The evaluation criteria include Board Roles and Responsibilities, Board Structure, Board Operations, Committee, and Board Evaluation and Improvement.
The evaluation is carried out using a 5 point scale, where each outside director conducts a self assessment using a board evaluation diagnosis form.

Evaluation Results

Year of 2025 (Board)

Overall Score	Board Roles and Responsibilities	Board Structure	Board Operations	Board Evaluation and Improvement
4.93	4.96	5	4.9	4.88

Year of 2025 (Committee)

Overall Score	Committee Structure and Operations	Audit Committee	Outside Director Candidate Recommendation Committee	Compensation Committee	Transparent Management Committee	ESG Committee	Committee Evaluation and Improvement
4.98	5	5	5	5	5	5	4.88

Committee	Name	Classification	Appointment Date	Office Term
Audit Committee	Choi, Jeongwook (Chairman)	Outside Director	2024-03-26	Until 2028 general shareholders meeting
Baek, Bokin	Outside Director	2025-03-26	Until 2027 general shareholders meeting
Jeon, Kyuan	Outside Director	2026-03-26	Until 2028 general shareholders meeting
Outside Director Candidate Nomination Committee	Park, Sookyung (Chairman)	Outside Director	2025-03-26	Until 2027 general shareholders meeting
Baek, Bokin	Outside Director	2025-03-26	Until 2027 general shareholders meeting
Jeon, Kyuan	Outside Director	2026-03-26	Until 2028 general shareholders meeting
Compensation Committee	Jeon, Kyuan (Chairman)	Outside Director	2026-03-26	Until 2028 general shareholders meeting
Choi, Jeongwook	Outside Director	2024-03-26	Until 2028 general shareholders meeting
Park, Sookyung	Outside Director	2025-03-26	Until 2027 general shareholders meeting
ESG Committee	Choi, Jeongwook (Chairman)	Outside Director	2024-03-26	Until 2028 general shareholders meeting
Park, Sookyung	Outside Director	2025-03-26	Until 2027 general shareholders meeting
Lee, Jangsup	Inside Director	2023-03-23	Until 2027 general shareholders meeting
Transparent Management Committee	Baek, Bokin (Chairman)	Outside Director	2025-03-26	Until 2027 general shareholders meeting
Park, Sookyung	Outside Director	2025-03-26	Until 2027 general shareholders meeting
Jeon, Kyuan	Outside Director	2026-03-26	Until 2028 general shareholders meeting

Major Activities of the Quarterly Board of Directors and Committees

Activities of 1th quarter 2026 (Publication Date : 2026.04.08)

Lotte Rental

Corporate
Governance

A company that strives to raise corporate value and maximize shareholder value

Board Composition

Process of Electing Outside Directors

Board Evaluation

Board Committees

Refusal of Unauthorized Collection of Email Addresses

CorporateGovernance

A company that strives to raise corporate value and maximize shareholder value

Board Composition

Process of Electing Outside Directors

Board Evaluation

Board Committees

Refusal of Unauthorized Collection of Email Addresses

Corporate
Governance