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Home , Cheil Industries, Cheil Worldwide, Hankook Tire, Hyosung, Kia, Kumho Asiana Group

List of Korean companies with branch offices in Italy November 2016 # Sector Company Description 1 Construction and is maingly engaged in the engineering construction business. The Company operates its engineering ENGINEERING business through two segments: chemical and non-chemical engineering. Its chemical engineering segment engages mainly in the in the construction of petrochemical plants and gas plants. Its non-chemical engineering segment is engaged in the chemical sector construction of infrastructures and plants for various sectors such as refinery, hydrocarbon upstream, electric power, metallurgy, and water treatment and others. Its customers include , Samsung Display, Samsung Total Corp., Abu Dhabi Oil Refining Company, Saudi Arabian Oil Company, ONGC Petro addition limited and others. www.samsungengineering.com/

2 Construction and GS E&C GS E&C is mainly active in the construction and civil engineering sector and in particular in the following business engineering segments: 1) Civil engineering; road and railway construction; 2) Residential construction, premises for public use like Infrastructure offices and factories; 3) Construction of oil, gas petrochemical and water and wastewater treatment plants; 4) Electric power for power generation plants; 5) Hotel management; 6) Other activities in the resort management and renting sectors. On November 19, 2013, it acquired a 22.7% stake in Oksan Ochang Highway Corp. After that, it holds 60.1% stake in Oksan Ochang Highway Corp. www.gsconst.co.kr/

3 Construction and KOLON GLOBAL KOLON GLOBAL CORPORATION is mainly engaged in the construction, merchandise sale and automobile sale engineering businesses. The Company mainly operates its businesses in four divisions: construction division, which involves in the Infrastructure construction of residential buildings, power and chemical plants, offices, roads, subways, sewage treatment facilities and others; information technology division, which involves in the IT system, IT solution and relevant repair and maintenance services; merchandise sale division, which involves in the trading of industrial materials, fertilizers, fine chemicals, steel products, pharmaceuticals and others, as well as automobile sale division, which involves in the sale of imported automobiles. On August 27, 2013, it transferred a certain shares of Kimcheon Energy Co.,Ltd., engaged in the group energy business. After that, the Company's stake in Kimcheon Energy Co.,Ltd. decreased to 20.0%. www.kolonglobal.com/eng/intro/introduce

4 Distribution LF CORP LF Corp, formerly LG Fashion Corp., is a company engaged in the manufacture and distribution of men's and women's Apparels and apparels. The Company provides its products through four categories: 1) Men’s apparels under the brand names of accessories DAKS, HAZZYS, TNCT, MAESTRO, TOWNGENT, JILLSTUART, VINCE; 2) Women’s apparels under the brand names of MAX MARA, LEONARD, ISABEL MARANT, JOSEPH, VANESSA BRUNO, JILL, JILLSTUART, MOGG, TNGTW; 3) accessories, including belts and handbags, under the brand names of LIPAULT, HUNTER, TNCT; 4) Sportswear and outdoor wear under the brand names of LAFUMA, BURTON, INTERSPORT. The Company distributes its products through department stores, Internet shopping malls and others. http://www.lfcorp.com/rn14_eng/rn14_main.jsp # Sector Company Description 5 Distribution SAMSUNG The company’s core business is focused on the wholesale distribution of fashion products. Apparels and FASHION https://www.samsungfashion.com/contents_eng/home.jsp/ accessories 6 Manufacturing HYUNDAI MOTOR is principally engaged in the manufacture and distribution of automobiles and automobile Automobile and parts. Along with its subsidiaries, the Company operates in three business divisions: 1) Vehicle division; 2) Financial components division; Other business divisions. The ‘Vehicle’ division manufactures automobiles under the brand names of Genesis, Tucson, Equus, Veloster, Azera, Sonata, Elantra, Accent and and commercial vehicles, including trucks, , special vehicles. It also provides automobile maintenance services and related components. The ‘Financial’ division mainly provides automobile financing services and credit card services. The ‘Other business’ division includes construction of railways and other infrastructures. www.hyundai.com/

7 Manufacturing MOTORS KIA Motors is principally engaged in the automobile manufacturing. The Company's products include passenger Automobile and vehicles, recreational vehicles (RVs), taxi//commercial vehicles as well as hybrid vehicles. Trucks KIA Motors is strengthening its global management through diversified activities in the foreign markets, amongh which the construction of a plant in Mexico, which is expected to be completed by 2016. Presently KIA’s plants are in the United States (production: 366thousand cars/year), (production: 323thousand cars/year), (production: 646thousand cars/year) and Korea (production: 1.7million cars/year). China Mexico ? In 2014 the sales reached the 2,907thousand units/year, most of them abroad (2,442 cars). 14% of the cars sold abroad are sold in the European market www.kia.com/

8 Manufacturing LG ELECTRONICS LG Electronics is a manufacturer specialized in the provision of electronic products. The Company mainly operates in Consumer the 1) Home entertainment division, which provides liquid crystal display (LCD) televisions (TVs), plasma display panel electronics (PDP) TVs, LCD monitors, as well as audio, video and security equipment; 2) Mobile communications division, which provides mobile terminals, tablet personal computers (PCs) and network equipment; 3) Home appliance division, which provides refrigerators, washing machines, microwave ovens, healthcare equipment, cleaners, water treatment machines and others; 4) Air conditioning and energy solution division, which mainly provides industrial and household air conditionings, as well as other business division. It also involves in the 5) light-emitting diode (LED) business, 6) optics solutions business, 7) vehicle components business. LG is active in 119 countries. http://www.lg.com/

# Sector Company Description 9 Manufacturing SAMSUNG Samsung Electronics is mainly engaged in the production of consumer electronic products. It operates in three Consumer ELECTRONICS business divisions: 1) Consumer electronics (CE) division, which involves in the color televisions (CTVs), monitors, electronics printers, air conditioners, refrigerators, laundry machines; 2) Information technology & mobile communications (IM) division, which involves in the production of computers, handhold phones (HHPs), network systems, digital cameras; 3) Device solutions (DM) division, which is divided into semiconductor and display business parts, providing dynamic random access memories (DRAMs), flashes, thin film transistor-liquid crystal displays (TFT-LCDs). The Company distributes its products within domestic market and to overseas markets. On September 2, 2014, it announced that it has acquired Printer On, engaged in mobile cloud printing solutions based in Ontario. www.samsung.com/

10 Manufacturing LG CHEMICAL Production, sales, and R&D networks at home and abroad, have contributed to expanding LG Chemical’s business into Chemicals the global market. The company aims at providing innovative materials and solutions by sharpening our competitive edge in high-value added core businesses while expanding new business opportunities in IT & Electronic materials and Energy Solutions. Main products: Basic materials and chemicals such as ethylene and propylene, IT&E materials such as polarizers and hydric solutions; advanced materials such as OLED and Energy solutions such as lithium batteries http://www.lgchem.com/global/main

11 Manufacturing POSCO ITPC POSCO is an integrated steel producer. The Company mainly operates in three segments: 1) Steel; 2) Trading; 3) 4) Steel Construction and others. The steel segment includes production of steel products and sale of such products. The trading segment consists of global trading activities of International, exporting and importing a range of steel products that are both obtained from and supplied to POSCO, as well as between other suppliers and purchasers in Korea and overseas. The construction segment includes planning, designing and construction of industrial plants, civil engineering projects and commercial and residential buildings, both in Korea and overseas. The others segment includes power generation, Liquefied Natural Gas (LNG) logistics, and network and system integration. The Company is engaged in businesses that complements its steel manufacturing operations, as well as seeks out investment opportunities to diversify its businesses both vertically and horizontally. http://www.posco.com/homepage/docs/eng5/jsp/s91a0000001i.jsp

12 Manufacturing HANKOOK is engaged in the manufacture and distribution of . The Company operates in two business Tires segments: 1) Tire and 2) general machinery. Its tire segment manufactures automobile tires, which are applied in passenger cars, trucks, buses, industrial cars and others, as well as provides automobile batteries and engages in the leasing of non-residential buildings. Its general machinery segment manufactures tire manufacturing equipment, molds, as well as provides equipment maintenance services. The Company distributes its products within domestic market and to overseas markets. www.hankooktire.com/

# Sector Company Description 13 Manufacturing KUMHO TIRES Kumho Tires manufactures and distributes a full range of tire under the Kumho and Marshal brands. Together with Tires , it is a subsidiary of . It exports tires in more than 146 foreign countries through a global net. It has 4 R&D centers, with the largest in , . The others are in Akron, Ohio (USA),Tianjin (China) and Morfelden-Walldorf (Germany). The latter, known with the name of Kumho Europe Technical Center (KETC) developes new products for the European market, especially equipments. On 15 Feb. 2014 and Yokohama Rubber Company signed an agreement of technological alliance to increase their competitiveness on the International markets. Kumho Tires sponsors the Lampre-Merida Italian male bicycle racing team and in 2011-2013, it sponsored some Italian major league soccer clubs (Roma, Firenze, etc.). http://www.kumho-eu-tyre-label.eu/

14 Manufacturing NEXEN TIRES Established in 1942, it started producing tires in Korea in 1956. In 2000, it changed its name from Woosung Tire to Tires Corporation. In 2005, Nexen Tire was awarded a patent for the technology to manufacture rubber/stratified silicate nano-composite tires. By 2006, they had completed development on the new UHP and Winter LTR/SUV pattern. To accommodate increased global demand for the Nexen brand, they opened yet another tire manufacturing plant in Qingdao, China in 2007. Nexen Tire currently exports to 120 countries, through its 250 dealers. http://it.nexentire.com/

15 Manufacturing Hyosung Corp. is an industrial that engages in textile, industrial materials, chemical, heavy industry, and Trading construction, trading and financial businesses. Its textile business manufactures spandex yarns, polyester yarns and Textile, metal, nylon yarns. Its industrial materials business provides tire cords, steel cords, carpets and others. Its chemical business chemical mainly provides propane propylene (PP), polyethylene terephthalate (PET) bottles, nylon films and polyester films. Its heavy industry business provides transformers, circuit breakers, motors and speed reducers. Its construction business constructs commercial buildings, environment facilities, industry plants and others. Its trading business engages in the trading of chemical and steel products, imported automobiles and others. Its financial business involves in the installment financing and leasing of industrial machineries and others. It also involves in the property leasing services. http://www.hyosungpni.com/eng/main/main1.do

16 Manufacturing SAMSUNG C&T Founded in 1938 as a parent company of Samsung Group, in 1975, Samsung C&T was designated as the first general and Trading trading company by the Korean government to lead overseas sales operations. After the merger with Samsung Construction and Construction in Dec. 1995, Samsung C&T has engaged in global business with offices in around 50 countries. Samsung others , established in 1963 with a mission for land development, has been leading the service industry in Korea by expanding its business scope to resort, food and beverage, and construction. In Dec.2013, Samsung Everland acquired Fashion Group, a prominent industry player founded in 1954. It has changed its company name to Cheil Industries following the merger, and has focused on projects related to lifestyle design. After the merger of Samsung C&T and Cheil Industries in Sep. 2015, Samsung C&T aims to become a global business partner and lifestyle innovator in fashion, food, housing, leisure and bio businesses with its Engineering & Construction, Trading & Investment, Fashion and Resort Groups. http://www.samsungcnt.com/EN/cnt/index.do # Sector Company Description 17 Manufacturing SK HYNIX SK Hynix Inc. is a Korea-based company engaged in the manufacture of semiconductors. The Company mainly semiconductors develops and manufactures memory and non-memory semiconductors. Its memory semiconductors include dynamic random access memory (DRAM) products, multi-chip products (MCPs) and NAND flash memory semiconductors, which are used for cellular phones, personal computers (PCs), digital televisions (TVs), digital cameras, set-top boxes, digital versatile disk (DVD) players, printers, notebooks and other electronic products. Its non-memory semiconductors include complementary metal oxide semiconductor (CMOS) image sensors, which are used in digital imaging products. The Company distributes its products within the domestic market and to overseas markets. On April 22, 2014, it acquired entire shares by acquiring the remaining 72.06% interest in Siliconfile Technologies Inc. On August 23, 2014, the Company sold its entire shares in Fidelix Co. Ltd. http://www.skhynix.com

18 Logistics HYUNDAI Hyundai Logistics provides logistics services in South Korea and Internationally. The company offers parcel delivery LOGISTICS services that include agency and corporate delivery services; door-to-door delivery services; third party logistics services that comprise agency for franchise logistics, cooling delivery, warehouse inventory management, consulting, bulk, distribution, packing and moving, and specialized logistic services; and ocean freight forwarding services, such as container, bulk transportation, and project cargo services. It also provides air freight forwarding services, which include import/export transportation, warehouse storage, customs clearance, and bonded transportation; intermodal services, including inland trucking, domestic rail, coasting feeder, warehouse management, and real time IT system services; domestic services; and port logistics services that include dock services. Hyundai Logistics Co, Ltd. was formerly known as Hyundai Logiem Co., Ltd. and changed its name to the current one in March 2011. The company was founded in 1988 and is headquartered in , South Korea. It operates as a subsidiary of LGIS Corporation. http://www.hlc.co.kr/english/main

19 Trading and POSCO DAEWOO POSCO Daewoo is mainly engaged in the trading, resource development and manufacturing businesses. The Company Distribution operates in three business divisions: 1) Trading division, engaged in the international trading of steel products, metals, Metals and other machineries, chemical products, automobile components, electronics, textiles, fibers and others;2) Resource and products development division, engaged in the development of energy, minerals and food resources in domestic and overseas, as well as manufacture; 3) Other division, engaged in the operation of textile factories and department stores. http://www.daewoo.com/eng/ 20 Air transportation ASIANA AIRLINES Asiana Airlines is a company principally engaged in the provision of air transportation services. Along with its Services subsidiaries, the Company operates in four business segments: 1) Air transportation segment, mainly engaged in the passenger and freight air transportation services, and sale of in-flight duty free products and others;2) Information and communication segment, engaged in the construction, management and maintenance of integrated systems, and sale of computer products; 3) Air transportation support segment, mainly engaged in the air cargo handling, cargo terminal leasing and other support businesses, and other business segment, mainly engaged in the leasing and management of bus terminals. us.flyasiana.com/ # Sector Company Description 21 Air transportation KOREAN AIR Korean Airlines is engaged in the passenger airline transportation business. Its principal activities consist of the Services provision of domestic and international airline services; the production of aircrafts; the provision of military aircraft maintenance and upgrade services, and the development of satellites and unmanned aerial vehicles. It is also provides in-flight meals and commodities for third parties, as well as cargo transportation business. In addition, it operates hotels and provides limousine services. Through its subsidiaries, it provides information technology (IT) services, travel services, properties leasing, sale of limestone, air auxiliary transport services, securities investment and others. https://www.koreanair.com/

22 Marine HYUNDAI Hyundai Merchant Marine is specialized in the provision of shipping services. The Company provides its services under transportation MERCHANT two main segments: 1) Container segment and 2) bulk segment. The container segment provides dangerous cargo Containers and MARINE service, reefer cargo services, over-sized cargo service and others. Its container services provide container carrier bulk transportation services, which include transpacific services, Asia-Europe services, transatlantic services, intra-Asia services and Latin America services, with more than 40 sea routes. Its bulk segment provides transportation services with vessels such as tankers, liquid natural gas (LNG) carriers, liquid petroleum gas (LPG) carriers and trampers for LNG, LPG, steel mills, power plants, coals and iron ores suppliers. It also engages in the harbor operation. www.hmm21.com/

23 Advisory for KOREAN REGISTER KR is a world-leading, technical advisor to the maritime industry, safeguarding life, property and the environment maritime industry through the pursuit of excellence in its rules and standards. Founded in 1960 and becoming a member of the International association of Classification societies (IACS) in 1988, KR ensures its customers receive immediate and high quality service through a comprehensive network of more than 60 offices with its headquarters in . FIELDS OF EXPERTISE : - Survey KR’s class survey regime aims to help customers register their vessels and operate them in a safe and responsible way throughout their service life. -Certification: KR offers a range of certification services from their offices around the world. Their membership of IACS coupled with more than 50 years’ industry experience allows highly qualified and motivated teams of experts to deliver a tailored service that is both timely and cost effective. -Energy & Environmental services KR offers survey and certification services for renewable energies, including for wind and ocean power. KR is continuously working on new and innovative green ship technologies to reduce emissions and fuel usage. These advances allow customers to meet their environmental goals. -Naval services: KR provides verification of technical documentation for naval vessel designs and contributes to stability and combats the performance of all types of warships and submarines. -Information & Technology/Research & Development/Academy: Dedicated KR professionals deliver a range of high quality technical services throughout the entire life-cycle of the vessel. http://www.krs.co.kr/eng/main/main.aspx

# Sector Company Description 24 and CHEIL is principally engaged in the advertising business. The Company engages in the provision of media Marketing WORLDWIDE services, including targeting, analyzing, budgeting, allocating, forecasting, managing and planning services; promotion Services services, such as planning and production of exhibition decorations and holistic marketing services, and advertising production services, including production of television, radio, newspaper, magazine, online, cable television and digital multimedia broadcasting (DMB) advertising services. On April 1, 2014, it acquired the entire shares of Samsung Electronics Football Club Co Ltd, a Suwon-based sports teams and clubs, from Samsung Electronics Co Ltd. www.cheil.com/

25 Consulting, INNOCEAN Innocean Worldwide, a Hyundai Motor Company’s global marketing communication enterprise, provides a marketing Marketing, WORLDWIDE solution for companies with respect to their consumers. They communicate at 360 degrees with the consumer, and communication work to provide groundbreaking ideas and communication services. Launched in May 2005 as the marketing vanguard for , it is now spearheading marketing and communication projects for many of the group’s affiliates. With its overseas bases consisting of 22 offices in 17 countries including South and North America, Europe, China, Australia, India and the Middle East, Innocean is turning into a global marketing and communications company that operates not only in Korea, but also in the entire world. http://www.innocean.com/ww-en/