LG, 3,500treasury shares worth one hundred million 302ten thousand9,581decides to cancel all shares

LG Corp. 22said in a disclosure on 3,500hundred million dollars, not 3,500hundred million dollars, not 3,500instead of one hundred million dollars 3,500must not be stated as one hundred million dollars.

Therefore, the sentence above is incorrect.

(The article below is rewritten to contain only facts.)

LG Corp. will retire all of the common shares 302ten thousand9,581shares acquired within the scope of distributable profits 22decided on. The shares to be retired represent 1.96% of all common shares issued.

The accounting book value is approximately 82,520based on an average acquisition price per share of 2,500won. The company disclosed that the value of the shares to be retired, calculated based on the closing price that day, was approximately 3,500billion won. The scheduled retirement date is 2026-05-28.

Last year, the company had already retired half of its treasury shares. The company explained that retiring treasury shares permanently reduces the number of shares issued, and that this reduction may affect earnings per share (EPS).

The company said the disclosure was made as part of its shareholder return policy.