POSCO Company Overview 2020

POSCO Overview POSCO Vision POSCO Business Key Activities Venture Platform POSCO Affiliates Business With POSCO Venture Platform A Venture Platform to Discover New Growth Engines POSCO established the venture platform, a venture valley based on robust industry- academy-research infrastructure, and venture fund to respond to the rapidly changing environment and acquire new engines of growth in future. This is intended to lead the innovation and growth of POSCO Group. POSTECH *RIST Pohang Accelerator Labratory POSCO Venture Platform A platform that fosters and invests in venture companies utilizing POSCO Group's infrastructure and capabilities Industry Academy Research cooperation - Establishing a new future-oriented industry-academy-research cooperation system Venture Valley Commercialization of excellent R&D results - A globally leading startup infrastructure system - Offering incubating center and value-up programs + Venture Fund *58 new companies in incubation or support in Venture Valley (2020) *Discovering and fostering promising venture companies twice a year (15 companies in 2020) -Optimized funding for all corporate growth cycles - Investment in distinguished venture companies, for both emerging fields and group strategic areas 186 companies/KRW 248.4 billion in investment (2020) New Business Development POSCO Group + Strengthening competitiveness in main business *POSTECH: Pohang University of Science and Technology RIST: Research Institute of Industrial Science and Technology 33

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