POSCO HOLDINGS INC.

POSCO Holdings Inc. is a holding company that operates through its consolidated subsidiaries, including POSCO, one of the largest steel producers globally. The company also engages in businesses that complement its steel manufacturing and seeks investment opportunities to diversify its operations. A principal strategy is to leverage its holding company structure to invest in promising businesses, securing new growth engines by diversifying into steel-related and non-steel-related ventures. POSCO Holdings has six reportable segments. The Steel Segment focuses on the production and sale of steel products. The Infrastructure Business is divided into three segments. The Trading Segment, primarily managed by POSCO INTERNATIONAL, involves global trading activities, natural resources development, and power generation. POSCO INTERNATIONAL exports and imports a wide range of steel products from and to POSCO, as well as other suppliers and purchasers in Korea and overseas. On January 1, 2023, POSCO Energy, Korea's largest domestic private power utility company and a provider of alternative low-carbon energy solutions, merged into POSCO INTERNATIONAL. The Construction Segment, primarily handled by POSCO E&C, involves the planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings in Korea and overseas. The Logistics and Others Segment includes information technology and operational technology services from POSCO DX and integrated logistics services from POSCO FLOW. The Rechargeable Battery Materials Segment is also a reportable segment.