consumer behavior due to the COVID-19 pandemic, and from pent up demand accumulated from May. Managing the impact of the COVID-19 The Company has formed a central committee as well as subsidiary committees
strategic partnership for Enterprise and VDO content In 2Q21, we formed two important partnerships. (1) Microsoft strategic partnership is part of our growth strategy in cloud service by bringing in global
to increase its use of post-consumer PET and polyester waste materials as part of global agreement to combat plastic waste, being led by Ellen MacArthur Foundation. Formed a JV with Loop Industries
group of companies that identifies the shareholding proportions and the voting rights (if different from the shareholding proportions). In case of a subsidiary formed by a joint venture agreement with
service revenue. To develop 5G service for enterprise, strategic partnership has been formed with leading industrial estate developers to provide 5G infrastructure aiming to serve potential 5G enterprise
- consumer PET and polyester waste materials as feedstock as part of global agreement to combat plastic waste, being led by the Ellen MacArthur Foundation. IVL formed a JV with Loop Industries to manufacture
of Bio-Based products such as Ethanol and Biodiesel. BCP will hold a 60% share in the newly formed company and KSL will have 40% ownership. 10 | Management Discussion and Analysis of Business Operation
subsidiary formed by a joint venture agreement with another business group, identify the name and the shareholding proportion of the joint venture partner. (If there are numerous subsidiaries or associates
of the group of companies that identifies the shareholding proportions and the voting rights (if different from the shareholding proportions). In case of a subsidiary formed by a joint venture
proportions). In case of a subsidiary formed by a joint venture agreement with another business group, identify the name and the shareholding proportion of the joint venture partner. (If there are several