LG LISTED IN THE DJSI WORLD FOR 12TH CONSECUTIVE YEAR

LG LISTED IN THE DJSI WORLD

FOR 12TH CONSECUTIVE YEAR

Sole South Korean Company in Leisure Equipment & Products and

Consumer Electronics Category Across a 12-year Continuum

SEOUL, Dec. 13, 2023 — LG Electronics has earned a place in the Dow Jones Sustainability World Index (DJSI World) for twelve years in a row. The DJSI World ranks the top ten percent of the largest 2,500 global companies based on their long-term economic, environmental, social and governance practices. Widely recognised by investors, governments and key stakeholders, the DJSI World is widely used to compare companies’ levels of sustainable management and as a benchmark for socially responsible investing.

LG achieved the highest overall score in the Leisure Equipment & Products and Consumer Electronics industry category and became the sole South Korean company in this field to be consecutively included in the DJSI World index for 12 years.

LG received high scores for its environmentally-focused initiatives, actively reducing greenhouse gas emissions, water usage and increasing recycling rates. LG is also making significant strides towards its goal of achieving carbon neutrality by 2030, having reduced total greenhouse gas emissions by 220,000 tons compared to the previous year. Additionally, LG joined the RE100 initiative, aiming to transition all its business sites to 100 percent renewable energy by 2050.

In terms of social criteria, LG received positive evaluations for its strong human rights management, workplace diversity efforts and the creation of an inclusive culture. The company also earned recognition for implementing transparent and responsible governance practices, including the effective utilization of its Board Skills Matrix, along with endeavours to enhance the independence, expertise, and diversity within the Board.

As a member of the United Nations Global Compact and Responsible Business Alliance, LG not only upholds international human rights and labour standards but also actively enhances its management processes to comply with increasingly stringent global ESG regulations, such as the EU’s Supply Chain Due Diligence Act.

In addition to its impressive DJSI World record, LG has been included in the DJSI Asia Pacific Index for 14 consecutive years and the DJSI Korea Index for 15 consecutive years. These indices assess the same criteria as the DJSI World but focus on companies in the Asia-Pacific region and South Korea, respectively.

Furthermore, LG has received an ‘A’ rating for the third consecutive year on the ESG Ratings scale provided by the Korea Institute of Corporate Governance and Sustainability. Additionally, global investment research firm Morgan Stanley Capital International has consistently awarded LG an ‘A’ grade for the past four years.

Demonstrating its commitment to integrating ESG principles into all aspects of its operations, LG has been implementing mandatory online ESG guidance courses for all employees since last year.

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About LG Electronics Inc.

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG’s four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global revenue of over KRW 80 trillion in 2022. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.

About LG Electronics Singapore Pte Ltd

LG Electronics Singapore Pte Ltd (LG Electronics Singapore) is a fully-owned subsidiary of LG Electronics Inc., the pioneer and market leader of the Korean electronics industry. LG Electronics Singapore operates three business units – Home Entertainment, Mobile Communications and Home Appliance & Air Solution. In recognition of its vision to enrich people’s life with smart technologies and innovative design, LG Electronics Singapore has been recognized with prominent local and international accolades, such as the CNET Asia Editor’s and Readers' Choice Awards, HWM+HardwareZone.com Tech Awards, Red Dot Design, and GfK No. 1 Awards. For more information, please visit www.lg.com/sg.

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