Lotte Hotel Cancels Stock Purchase Agreement for LOTTE Rental, Maintains 61.21% Stake

Lotte Hotel and its specially related parties maintain 61.21% stake in LOTTE Rental (22,223,772 shares, no change from previous report)
Stock purchase agreement dated March 11, 2025 (seller: Lotte Hotel 12,715,083 shares, Busan Lotte Hotel 7,681,511 shares) was rescinded on May 18, 2026
Cancellation of agreement withdraws planned stake sale, preserving controlling shareholder influence and eliminating potential dilution risk

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