Warren Lichtenstein Proposals Quotations

We made our commitment to KT&G because we are confident in the strong potential of this company. If the CEO is not willing to consider our proposals as investors, we have no choice but to continue to seek election of our nominees.

You have flatly refused to listen to any of the proposals that we have made.

You have flatly refused to listen to any of the proposals that we have made. In light of this, we have determined to make a proposal to acquire KT&G.