On Feb. 20, Doosan Yonkang Foundation (Chairman Yong Hyun Park) held the 2018 Doosan
Yonkang Foundation Scholarship Awards Ceremony at the Hotel Skypark Dongdaemun, presenting
770 million won (or $716,000) in scholarships to 169 high school and university students.

The scholarships were awarded to disadvantaged students who demonstrated outstanding
academic performance. Among the scholarship recipients, 81 college students will participate as
mentors in the Doosan Yonkang Scholarship mentoring program, established in 2013, to support
students from educationally alienated backgrounds at children’s welfare facilities.

“Through the Doosan Yonkang Foundation scholarship program, we hope to make a positive impact
on the students and help them grow up to become invaluable members of society,” Chairman Park
said.

Since its establishment in 1978, Doosan Yonkang Foundation has offered scholarships to
underprivileged students who have shown excellent academic performance. So far, more than 6,000
high school and university students have benefited from the scholarship program.

Doosan Yonkang Foundation Chairman Yong Hyun Park (front row, sixth from left) delivers scholarship certificates to the students at the 2018 Doosan Yonkang Foundation Scholarship Awards Ceremony.