Tranche Update on SH Energy & Chemical Co., Ltd.'s Equity Buyback Plan announced on November 15, 2018.

SH Energy & Chemical Co., Ltd. is a Korea-based company mainly engaged in the manufacture of synthetic resins. The Company’s products include expanded polystyrene (EPS) resins, which are used for foam insulations, buffer packaging and various containers, and nylon-12 fine powders, which are used as additives for cosmetics. It also provides raw materials for chemical products. In addition, through its subsidiaries, it engages in the development of natural gas and oil fields, as well as real estate rental business. The Company distributes its products within domestic market and to overseas markets.