[Literal Translation] #GOT7, The official announcement that the contract will expire without renewal. The full text of the Literal Translation.



Hello. This is JYP Entertainment (JYP).



On January 19th, JYP had a deep discussion with the members and others ahead of the expiration of the Exclusive Contract with our artist "GOT7".



As a result, both sides prayed for more fresh future and, under the agreement, decided not to proceed with the renewal of the contract.



After debuting on January 16th, 2014, "GOT7" has been a big success as a global idol group representing K-POP for more than 7 years.



Our hearfelt gratitude to all of you, including "GOT7", who brought together the growth of K-POP and the growth of JYP, and "I GOT7" (Agase),who helped GOT7's activities with generous cheers since their debut.



Although the official relationship is over, JYP will sincerely support the new future of "GOT7" members.



Thank you very much.