Celltrion

Dear shareholders,

Despite the ongoing domestic and international uncertainties, Celltrion's business operations are progressing smoothly. We would also like to reaffirm our unwavering commitment to implementing management practices that enhance shareholder value.

The business initiatives presented to domestic and international shareholders and investors during the Hong Kong Investor Day are progressing smoothly. The planned share cancellation within the year was promptly executed, as confirmed by the "Decision on Share Cancellation" disclosure on December 4.

The remaining initiatives discussed during the Investor Day will proceed without any setbacks, and we will do our utmost to fulfill our commitments to shareholders and investors.

The impact of increased financial market volatility, which has recently raised concerns among our shareholders, is expected to be limited. Recent domestic uncertainties may lead to short-term volatility in the financial market. However, as more than 90% of Celltrion's revenue is generated overseas, primarily in USD or EUR, depreciation of the Korean won against the US dollar is expected to have little to no negative impact on our business.

Amid external uncertainties, we remain steadfast in carrying out our duties and strengthening our core capabilities, striving to translate our efforts into tangible results.

Additionally, we will keep you posted on any information that needs to be shared throughout this process. 

We would like to reaffirm that enhancing shareholder value remains our top priority. The executive leadership and all employees remain fully committed to repaying the trust our esteemed shareholders have placed in Celltrion.

Lastly, we sincerely thank our shareholders for your unwavering interest and support for Celltrion.