COMPANIES

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PRODUCTSSouthKorea'sLGGroupCHAPTER

01OverviewMostvaluableSouthKoreanbrandsin2023(inmillionU.S.dollars)BrandvalueofthemostvaluableSouthKoreanbrands2023BrandvalueinmillionU.S.dollars010,00020,00030,00040,00050,00060,00070,00080,00090,000SamsungHyundaiLG82,72215,86311,3069,1468,2696,4574,667SKHynixKiaCoupangPoscoKBFinancialGroupLGChemNaver4,6354,5264,4943Description:Withabrandvalueofover82.7billionU.S.dollars,SamsungwasthemostvaluableSouthKoreanbrandin2023,greatlysurpassingHyundai,LGaswellasSKHynix.ReadmoreNote(s):SouthKorea;2023Source(s):BrandFinanceLeadingSouthKoreancompaniesontheFortuneGlobal500rankingin2023,byrevenue(inbillionU.S.dollars)LeadingSouthKoreanFortuneGlobal500companies2023,byrevenueRevenueinbillionU.S.dollars100050150200250SamsungElectronics(25)HyundaiMotor(85)SK(92)234.13110.4105.96Kia(196)67.0665.8564.95POSCOHoldings(201)LGElectronics(204)KoreaElectricPower(258)Hanwha(296)54.6548.25HDHyundai(305)GSCaltex(322)47.1445.34KBFinancialGroup(339)LGChem(371)43.6240.2440.21HyundaiMobis(372)4Description:In2023,thelargestSouthKoreancompanyasmeasuredbyrevenuewasSamsungElectronicswitharevenueofover234billionU.S.dollars,followedbyHyundaiMotorwitharevenueofaround110.4billionU.S.dollars.Thatyear,18SouthKoreancompaniesfeaturedontheFortuneGlobal500rankings.ReadmoreNote(s):SouthKorea;2023Source(s):FortuneConsolidatedrevenueofLGCorporationfrom2015to2022(intrillionSouthKoreanwon)RevenueofLGCorporation2015-2022129.671088.917.827.677.196.8665.24.43420201520162017201820192020202120225Description:In2022,theconsolidatedrevenueofLGCorporationamountedtoaround7.19trillionSouthKoreanwon.LGCorporationisaholdingcompanyofLGGroupanddoesnotoperateotherbusinesses.Asof2019,LGwasthefourthrichestfamily-runcorporategroupinSouthKoreaafterSamsung,Hyundai,andSK.Itsmajorsegmentsareconsumerelectronicsanddisplaytechnologyfollowedbytelecommunications,healthcare,aswellaschemicals.

ReadmoreNote(s):Worldwide,SouthKorea;2015to2022;basedonthemostrecentfiguresSource(s):DART;LGCorporationSalesrevenueofselectLGsubsidiarycompaniesin2022(intrillionSouthKoreanwon)SalesrevenueLGsubsidiaries2022RevenueintrillionSouthKoreanwon30

40010205060708090LGElectronicsLGChem83.4750.98LGDisplayLGEnergySolutionLGInnotekLGU+26.1525.619.5913.91LGH&H7.194.97LGCNSHSAd(prev.GIIR)0.53D&OCorp.(prev.S&ICorp.)

0.26LGMDI

0.2LGSports

0.066Description:In2022,LGElectronicsrecordedasalesrevenueofnearly83.5trillionSouthKoreanwon.ThismadeittheleadingLGGroupsubsidiary.ItwasfollowedbyLGChematabout51trillionSouthKoreanwon.Asoneofthefourmostsuccessfulfamily-runconglomeratesinSouthKoreaalongsideSamsung,HyundaiandSK,LGisprimarilyknownforitselectronicsanddisplayproductsworldwide.ReadmoreNote(s):Worldwide,SouthKorea;2022Source(s):LGCorporationNetincomeofselectLGsubsidiarycompaniesin2022(inbillionSouthKoreanwon)NetincomeLGsubsidiarycompanies2022Netincome

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wonLGChem2195.51863.1979.8779.8692.8662.6265LGElectronicsLGInnotekLGEnergySolutionD&OCorp.(prev.S&ICorp.)LGU+LGCNSLGH&H258.317.5HSAd(prev.GR)LGMDI5.8LGSports4.1LGDisplay-3195.67Description:In2022,LGChempostedanetincomeofnearly2.2trillionSouthKoreanwon,makingittheLGGroupsubsidiarywiththelargestnetincomethatyear.ThiswasfollowedbyLGElectronicsandLGInnotek.Asoneofthefourmostsuccessfulfamily-runconglomeratesinSouthKoreaalongsideSamsung,HyundaiandSK,LGisprimarilyknownforitselectronicsanddisplayproductsworldwide.ReadmoreNote(s):Worldwide,SouthKorea;2022Source(s):LGCorporationCHAPTER

02LGElectronicsTotalworldwiderevenueofLGElectronicsfrom2009to2022(inbillionU.S.dollars)LGElectronicsglobalrevenue2009-202280706067.2566.7757.7156.9455.555.7654.953.3753.1252.1652.4152.045147.950403020100200920102011201220132014201520162017201820192020202120229Description:TheglobalrevenueofLGElectronicsamountedtoaround66.8billionU.S.dollarsin2022.Inthelastdecade,LG`snetsalesremainedrelativelystable,stayingalmostconsistentlyabove50billionU.S.dollars.

ReadmoreNote(s):Worldwide;2009to2021Source(s):LGElectronicsSalesofLGElectronicsbybusinesssegmentfrom1stquarter2016tofourthquarter2022(inbillionU.S.dollars)LGElectronicsrevenuebysegment2016-2022,byquarterHomeAppliance&AirSolutionHomeEntertainmentMobileCommunicationsVehicleComponentsBusinsessSolutionsOthers16141210864201Q

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'2210Description:Inthefourthquarterof2022,LGElectronic'srevenuefromitshomeentertainmentsegmentamountedtoabout3.59billionU.S.dollars.Thehomeappliances&airsolutionssegmentisLG'slargestbusinesssegmentwithrevenuesof5.11billionU.S.dollarsduringthatquarter.ReadmoreNote(s):Worldwide;2016to2022Source(s):LGElectronicsNumberofemployeesatLGElectronicsin2022,bysectorNumberofemployeesatLGElectronics2022,bysectorNumberofemployees02,0004,0006,0008,00010,00012,00014,00013,48016,000HeadquarterorothersectorsHomeappliance&airsolutionVehiclecomponentsolutionsHomeentertainment11,2613,5853,528Businesssolutions2,79111Description:LGElectronicsisamajorSouthKoreanelectronicsmanufacturerproducinghomeappliances,automobiledevices,homeentertainmentdevices,andmobilephones.LGElectronicsispartoftheLGCorporation,oneofthelargestKoreanconglomerates.Asof2022,LGElectronicsemployedaround34.6thousandpeople,withoverathirdoftheminthehomeappliancesandairsolutions(H&A)division.Inthesameyear,theglobalrevenueofLGElectronicsamountedtoabout67[...]

ReadmoreNote(s):SouthKorea;2022Source(s):DART;LGElectronicsShareofglobaltelevisionmarketofLGElectronicsfrom2017to2022LGElectronicsshareoftheglobaltelevisionmarket2017-202220%18.9%18%16%14%12%10%8%17.2%16.4%16.3%16.5%14.6%6%4%2%0%20172018201920202021202212Description:Ledbyitsorganiclight-emittingdiode(OLED)televisions,LGElectronicsaccountedforaround17.2percentoftheglobaltelevisionmarketin2022.However,theglobalmarketshareofLGElectronics'televisionshasslightlydecreasedsincethepreviousyear.ReadmoreNote(s):Worldwide;2017to2022;includingOLEDTVSource(s):DART;IHSMarkit;LGElectronicsCHAPTER

03LGChemLGChem'srevenuefromFY2009toFY2022(inbillionU.S.dollars)LGChem'srevenue2009-2022454041.4934.08353025201510524.0522.922.5520.5618.6118.5218.1418.0616.53201616.17201515.58201012.4220090201120122013201420172018201920202021202214Description:Inthefiscalyearof2022,LGChem'srevenuecametoalmost41.49billionU.S.dollars(orabout51.9trillionSouthKoreanwon).Thisrepresentsanincreasecomparedwiththepreviousfiscalyear.

ReadmoreNote(s):Worldwide;FY2009toFY2022Source(s):LGChemLGChem'ssalesvaluein2022,bybusinesssector(intrillionSouthKoreanwon)LGChem'ssalesvaluebysector20226050403051.8625.5921.15201003.440.850.84LGEnergySolution*PetrochemicalAdvancedmaterialsLifescienceOthersTotal15Description:In2022,LGChem`ssalesintheLGEnergySolutionsectoramountedtoaround25.59trillionSouthKoreanwon.Thiswasalmosthalfofthecompany`stotalsalesofaround51.86trillionwon.Afterthebatterysector,thepetrochemicalsectoraccountedforaround40.7percentofthetotal.Inthefirstquarterof2021,LGChem`spetrochemicalsalesdecreasedduetotheglobalcoronaviruspandemic.

ReadmoreNote(s):Worldwide,SouthKorea;2022;*LGChem′sbatterysectorwassplitintoasubsidiarycompanycalledLGEnergySolutionssince2021.1,000SouthKoreanwonequals0.76U.S.dollarsor0.70eurosasofApril2023.Figureshavebeenrounded.

ReadmoreSource(s):DART;LGChemSalesrevenueofbatterycompanyLGEnergySolutionworldwidefrom2014to2022(intrillionSouthKoreanwon)SalesrevenueofLGEnergySolutionworldwide2014-2022302520151025.5917.8512.368.356.54.56503.563.152.842014201520162017201820192020*2021202216Description:ThesalesrevenueofLGEnergySolutionhasdramaticallyincreasedinrecentyearsandstoodataround25.6trillionSouthKoreanwonin2022,aconsiderableincreasefromabout17.8trillionwoninthepreviousyear.Overtheyears,thesalesrevenueofthebatterycompanyhassteadilygrown.Itsmainproductsincludesmallbatteriesforsmartphonesandlaptops,electricvehicle(EV)batteries,andEnergyStorageSystems(ESS).

ReadmoreNote(s):Worldwide,SouthKorea;2014to2022;includingdomesticsalesandexports;*LGChem′sbatterysectorwassplitintoasubsidiarycompanycalledLGEnergySolutionsinceDecember2020.Figureshavebeenrounded.1,000SouthKorean[...]

ReadmoreSource(s):DART;LGChem;LGEnergySolutionSalesrevenueofbatterycompanyLGEnergySolutionworldwidein2022,byregion(intrillionSouthKoreanwon)SalesrevenueofLGEnergySolutionworldwide2022,byregion1816.861614121088.746420Exports(OutsideofSouthKorea)Domesticsales(SouthKorea)17Description:In2022,thedomesticsalesofLGEnergySolutioninSouthKoreaamountedtoaround8.74trillionSouthKoreanwon,whereasexportswereworthabout16.9trillionwon.Thatyear,thetotalrevenuewasapproximately25.6trillionwon.Themainproductsofthebatterycompanyaresmallbatteriesforsmartphonesandlaptops,automotivebatteriessuppliedtomajorcarmakers,andEnergyStorageSystems(ESS).

ReadmoreNote(s):Worldwide,SouthKorea;2022Source(s):DART;LGChem;LGEnergySolutionDistributionofLGChem'ssalesinthepetrochemicalssectorasofthe3rdquarterof2023,byproductLGChem'spetrochemicalssectorsalesvalueshareQ32023,byproductSustainability5%Nexolution7%HPM7%NCC/PO29%Acrylate8%ABS26%PVC/Plasticizer18%18Description:Asofthe3rdquarterof2023,theshareofNCC/POsalesinLGChem'spetrochemicalsectoramountedto29percent,closelyfollowedbyABSproductswith26percent.InQ32023,LGChem'soperatingprofitfrompetrochemicalsamountedtoaround37billionSouthKoreanwon,withprofitsdecliningduetotheriseinglobaloilpricesanddecliningdemand,accordingtothesource.ReadmoreNote(s):Worldwide,SouthKorea;Q32023Source(s):LGChemCHAPTER

04LGDisplayRevenueofLGDisplayfrom2012to2022(intrillionSouthKoreanwon)RevenueofLGDisplay2012-20223529.8829.433025201510528.3827.7927.0326.4626.526.1524.3424.2323.4802012201320142015201620172018201920202021202220Description:LGDisplay'ssalesrevenueamountedtomorethan26trillionSouthKoreanwonin2022.Thiswasadecreasefromthepreviousyear.

ReadmoreNote(s):Worldwide,SouthKorea;2012to2022Source(s):DART;LGDisplayRevenueofLGDisplayfrom2014to2022,byregion(intrillionSouthKoreanwon)RevenueofLGDisplay2014-2022,byregionChinaAsia(excl.China)UnitedStatesPolandEurope(excl.Poland)Domestic252015105020142015201620172018201920202021202221Description:In2022,therevenueofSouthKoreanelectronicsmanufacturerLGDisplayinChinaamountedtoapproximately17.43trillionSouthKoreanwon.LGDisplaysawdecreasedsalesinallmarketscomparedtothepreviousyear.

ReadmoreNote(s):Worldwide,SouthKorea;2014to2022Source(s):DART;LGDisplayRevenueofLGDisplayfrom2014to2022,bycategory(intrillionSouthKoreanwon)RevenueofLGDisplay2014-2022,bycategoryITproductsTelevisionsMobiledevicesDesktopmonitorsTabletproductsNotebookcomputers1412108642020142015201620172018201920202021202222Description:In2022,thesalesrevenueofITproductsmanufacturedbytheSouthKoreanelectronicsmanufacturerLGDisplayamountedtoapproximately11.2trillionSouthKoreanwon.ITproductsconsistofdesktopmonitors,tabletproducts,andnotebookcomputers.LGDisplaysawdecreasedsalesrevenuesacrossallcategoriesexceptmobiledevicescomparedtothepreviousyear.

ReadmoreNote(s):Worldwide,SouthKorea;2014to2022Source(s):DART;LGDisplayGlobalTVdisplaymarketshareofLGDisplayfrom2013to2022GlobalTVdisplaymarketshareofLGDisplay2013-202230%28.2%28.1%28.3%28.1%25.4%25%24.7%25%20%15%10%5%23.6%21.6%21.7%0%201320142015201620172018201920202021202223Description:In2022,theglobalmarketshareofSouthKoreanelectronicsmanufacturerLGDisplay'stelevisionsamountedto23.6percent.Thiswasanincreasefromthepreviousyear.

ReadmoreNote(s):Worldwide;2013to2022;panelsofnineinchesorlarger,includingpublicdisplaypanelsSource(s):DART;LGDisplay;OmdiaCHAPTER

05LGU+financialincomeofLGU+inSouthKoreafrom2013to2022(inbillionSouthKoreanwon)LGU+financialincomeinSouthKorea2013-20227059.1158.2458.57605040302010057.0541.7141.0639.7935.2934.9826.43201320142015201620172018201920202021202225Description:In2022,theaccumulatedannualfinancialincomeofLGU+inSouthKoreaamountedtoabout47.05billionSouthKoreanwon.ReadmoreNote(s):SouthKorea;2013to2022;FiguresarecalculatedbasedontheconsolidatedstatementsSource(s):DARTNetincomeofLGU+from2014to2022(inbillionSouthKoreanwon)NetincomeofLGU+2014-2022800724.227006005004003002001000662.59547.12492.74481.61478.07438.83351.23227.7220142015201620172018201920202021202226Description:In2022,thenetincomeofLGU+amountedtoover662billionSouthKoreanwon.LGUplus,stylizedasLGU+,isoneofthemaintelecommunicationservicesprovidersinSouthKoreaalongwithSKTelecomandKTCorporation.

ReadmoreNote(s):SouthKorea;2014to2022;consolidatedSource(s):DART;LGUplusMarketshareofLGU+inmobilephoneservicesbasedonusernumbersinSouthKoreafrom2014to2022MarketshareofLGU+mobilephoneservicesinSouthKorea2014-202230%25%25.9%24.7%23.5%22%21.2%20.6%20.2%20.3%19.8%20%15%10%5%0%20142015201620172018201920202021202227Description:In2022,about25.9percentofmobilephoneservicesubscribersinSouthKoreausedLGU+carrierservices.Thiswasthehighestrecordedmarketshareduringthesurveyedperiod.InSouthKorea,KTCorporation,SKtelecomandLGU+arethemaintelecommunicationcompaniesthatprovidemobilephoneservicesalongsideMobileVirtualNetworkOperators(MVNO).ReadmoreNote(s):SouthKorea;2014to2022;includingMVNOservicesSource(s):DART;KTCorporation;MinistryofScienceandICT(SouthKorea)MarketshareofLGU+inhigh-speedinternetservicesbasedonusernumbersinSouthKoreafrom2014to2022MarketshareofLGU+inhigh-speedinternetservicesSouthKorea2014-202225%21%20.7%20.3%19.6%20%15%10%5%18.9%18.2%17.7%17.4%15.7%0%20142015201620172018201920202021202228Description:In2022,about21percentofthehigh-speedinternetusersinSouthKoreausedservicesprovidedbyLGU+.Thecompany'smarketsharecontinuedtogrowovertheyears.InSouthKorea,KTCorporation,SKbroadband,LGU+andothersystemoperatorssuchasCJHelloVisionandt-broadarethemaintelecommunicationcompaniesthatprovidehigh-speedinternetservices.ReadmoreNote(s):SouthKorea;2014to2022Source(s):DART;KTCorporation;MinistryofScienceandICT(SouthKorea)CHAPTER

06LGHousehold&HealthCareConsolidatedsalesrevenueofLGHousehold&HealthCarefrom2013to2022(intrillionSouthKoreanwon)SalesrevenueofLGHousehold&HealthCare2013-20229878.097.847.697.196.756.276.0965432105.334.684.33201320142015201620172018201920202021202230Description:In2022,LGHousehold&HealthCare'sconsolidatedsalesrevenueamountedtoabout7.19trillionSouthKoreanwon.Thecompany'ssalesrevenuehasincreasedoverthelastdecade,andrecordedthefirstdecreaseinsalesagainthisyear.

ReadmoreNote(s):SouthKorea;2013to2022Source(s):DART;LGHousehold&HealthCareLGHousehold&HealthCare'scosmeticssalesrevenuearoundtheworldfrom2015to2022(intrillionSouthKoreanwon)LGHousehold&HealthCare'sworldwidecosmeticssalesrevenue2015-20224.754.464.443.913.313.213.162.532015201620172018201920202021202231Description: