Differentiated Parental Leave and Maternity Support... Lotte Property & Development Receives Presidential Citation as an Excellent Company in Gender Equality Employment

Guaranteeing Gender Equality Through Fair Recruitment and Evaluation
Ongoing Support for the Growth of Female Talent
Maternity Protection Policies Exceeding Legal Standards
Customized Support for Pregnancy, Childbirth, and Childcare
Monthly Allowance of KRW 200,000 for Employees Covering Leave Duties

Lotte Property & Development announced on May 29 that it received the Presidential Citation for Excellent Companies in Gender Equality Employment at the "2026 Gender Equality Employment Emphasis Period Ceremony" organized by the Ministry of Employment and Labor.

The awards for contributors and excellent companies in gender equality employment have been presented by the Ministry of Employment and Labor since 1995, recognizing individuals and companies that have contributed to creating a work environment where men and women can work equally and to raising awareness of gender equality in employment across society.

Jaehoon Jang, CEO of Lotte Property & Development (right), is taking a commemorative photo with Changjun Kwon, Vice Minister of the Ministry of Employment and Labor, after receiving the Presidential Commendation for Excellent Gender Employment Equality Company at the '2026 Gender Employment Equality Emphasis Period Ceremony.' Provided by Lotte Property & Development

Lotte Property & Development was highly evaluated for establishing a fair employment environment based on job expertise, implementing maternity protection measures and work-family balance policies that exceed legal requirements. During the ceremony, the company also shared its best practices as an excellent company in gender equality employment.

The company is building an employment environment that guarantees gender equality by focusing on fair recruitment and evaluation systems based on talent and job competency, rather than gender. Last year, Lotte Property & Development selected a total of nine next-generation leaders as team leader candidates, consisting of five men and four women, thereby providing equal opportunities. In addition, the company supports women’s advancement as next-generation leaders by selecting women for the Lotte Group MBA program and encouraging participation in the Lotte Group Women Leaders Mentoring program. As a result, the proportion of female managers doubled from 9% in 2023 to 18% in 2025, and the proportion of female executives increased from 20% in 2023 to 33% in 2025.

The company also supports work-family balance for employees through maternity protection systems that go beyond legal standards. Notably, it extended eligibility for maternity protection policies related to childcare from the legal standard of children under eight years old to those under twelve. Additional measures include covering up to KRW 5 million for infertility treatment, providing two hours of reduced working hours per day during pregnancy, implementing an automatic childcare leave system for women, and requiring paternity leave for men. For employees returning from childcare leave, the “Life Support Program” helps stabilize their routines by delivering meal kits for 12 months after their return.

Since July last year, Lotte Property & Development has continued to improve its maternity protection policies, including the introduction of new systems. To improve awareness of childcare leave and to allow employees to use these policies without burden, the company introduced the “Work Substitution Allowance System,” under which employees who cover the work of colleagues on maternity or childcare leave receive KRW 200,000 per month for up to six months. Other new policies include “Child Institution Adaptation Leave” (up to three paid days) to help employees’ children adjust to new childcare or educational institutions, “Prenatal Checkup Accompaniment Leave” (up to three paid days) for male employees to accompany their spouses to prenatal checkups, and “Pre-Mom Leave” (up to 90 unpaid days) for employees who are unable to work during pregnancy.

Thanks to these efforts, Lotte Property & Development has been recertified as a family-friendly and leisure-friendly company and received its first certification as an excellent company for work-life balance. Jang Jae-hoon, CEO of Lotte Property & Development, stated, "This award is the result of our efforts to create a fair and flexible work environment where all employees can grow proactively, and to introduce advanced family-friendly policies that enable both men and women to contribute to their families. As the company is at a crucial stage of evolving into a specialized real estate company, we will continue to focus on operating diverse systems to help employees fully demonstrate their capabilities and expertise."

This content was produced with the assistance of AI translation services.