Notice of Transfer of Personal Information

Notice of Transfer of Personal Information


LG Chem Ltd. (hereinafter, the “Company”) entered into a business transfer agreement (hereinafter, the "BTA"). to transfer the diagnostics business within the Specialty Care Division of the Company's Life Science Business Unit to Invitros Co., Ltd. (hereinafter referred to as "the Transferee"; the Transferee will assume the contractual status of Korea IVD Holdings under the BTA) on June 8, 2023. As such, your personal information held by the Company will also be transferred to the Transferee, and in accordance with Article 27 of the Personal Information Protection Act and Article 29 of the Enforcement Decree of the same Act, we inform you as follows.

1.      Planned Business Transfer

The Company plans to perform relate procedures based on the fact that the business transfer shall be effective on [August 31st ], 2023. The basic information of the Transferee in this business transfer is as follows.

□ Business Name : Invitros Co., Ltd.

Address : 10, Gukjegeumyung-ro (Seoul International Finance Center (Two IFC), Yeongdeungpo-gu, Seoul, Republic of Korea

□ Representative : Jung Chan Wook

2.      Transfer of Personal Information

Following the business transfer, your personal information managed by the Company will be transferred to the Transferee, and will be safely managed in accordance with relevant laws and regulations, such as the Personal Information Protection Act, and your personal information will be used within the scope of your consent in order for the Transferee to continue provide services after the business transfer.

If you do not wish to transfer your personal information pursuant to this business transfer, please contact us at 02-6987-4110 or visit our Life Science business HR team {address: 70, Magokjungang 10-ro, Gangseo-gu (LG Sciencepark), Seoul, Republic of Korea} to withdraw your consent to the collection and use of your personal information, and we will process it in good faith (however, even if you refuse to transfer, if the transfer or storage of personal information is required by law, the personal information may be transferred and stored separately to the extent necessary to achieve the purpose).

We will continue to do our best to provide better services and convenience to our customers even after the business transfer. We sincerely thank you for your continued support and love for us, and hope you will continue to support our growth. Thank you.


July 28th, 2023

LG Chem Ltd.

Representative Director Hak Cheol Shin