Chemtros Co., Ltd and Wondae Industry Co., Ltd. agreed to acquire Dongbu Electronic Materials Co., Ltd. from Dongbu CNI Co.,Ltd. (KOSE:A012030) for KRW 6 billion on February 16, 2015. Under the terms of the transaction, Chemtros will acquire MP business and Polymer business and the real estate of Dongbu Electronic Materials Co will be sold to another company. Post transaction, Dongbu Electronic Materials Co will be liquidated. The sales amount may change during the computation process in future. During the year ended December 31, 2014, MP business and Polymer business had total assets of KRW 15.35 billion and sales revenue of KRW 30.22 billion. Shareholders of Dongbu Group approved the transaction on February 16, 2015. Board of Directors of Dongbu Electronic Materials Co., Ltd. made a resolution in favor of the transaction on February 16, 2015. The scheduled date of sales is February 27, 2015. The proceeds will be used to repay debt.

As of April 10, 2015, it was announced that the expected closing of the transaction has been postponed till April 15, 2015 and Chemtros Co., Ltd and Wondae Industry Co., Ltd. will acquire Dongbu Electronic Materials Co., Ltd. from Dongbu CNI Co.,Ltd. for KRW 6 billion. These changes was approved at the Board of Directors of Dongbu Electronic Materials Co., Ltd. on April 9, 2015.

Chemtros Co., Ltd and Wondae Industry Co., Ltd. completed the acquisition of Dongbu Electronic Materials Co., Ltd. from Dongbu CNI Co.,Ltd. (KOSE:A012030) on April 15, 2015.