Visit www.FlashlightCap.com to Watch the Webinar, Read the Response Checklist and Download the Top Question�s for CEO Email Template

SINGAPORE--(BUSINESS WIRE)--Flashlight Capital Partners Pte. Ltd (�Flashlight Capital� or �we�), a meaningful shareholder of KT&G Corporation (KRX: 033780) (�KT&G� or the �Company�), today announced that it has completed its investor webinars for KT&G shareholders, which were held in English and Korean, on December 8 and 9, 2022.

During the webinar, Flashlight Capital provided additional information on its five-step plan to unlock value in detail and updated shareholders on its next steps, including an open debate with the CEO. Flashlight Capital also shared key materials such as a �Summary of Potential Responses from KT&G� as well as �Top 10 Questions for CEO�. Please visit www.FlashlightCap.com to watch the webinar, review the materials and other important investor materials.

About Flashlight Capital

Flashlight Capital Partners Pte. Ltd is an investment management firm founded by Carlyle Group�s former Head of Korea, Sanghyun Lee. Based in Singapore, Flashlight Capital�s investment philosophy is grounded in improving corporate governance and unlocking long-term value at its portfolio companies. For more information about Flashlight Capital, please visit www.FlashlightCap.com.

Contacts

For Investors

Flashlight Capital Partners

[email protected]

or

For Institutional Investors

Georgeson

Savoy Lee

[email protected]

For Korean Media

Strategy Salad

Louis Kim

[email protected]

For U.S. Media

Longacre Square Partners

Greg Marose / Charlotte Kiaie

[email protected]