Board Committees

LG Display has established an Audit Committee as an internal audit body in accordance with Article 542-11 of the Commercial Act. The Audit Committee is an independent body composed of Independent Directors who are not disqualified under the Commercial Act and the Articles of Incorporation. The Audit Committee performs audits of our accounting and major management operations, approves the appointment of external auditors, evaluates the operation of the internal accounting framework, and checks the status of internal monitoring systems. Additionally, we conduct audit operations through an internal audit department composed of experts, including certified public accountants and professionals with accounting experience. Meanwhile, Audit Committee members receive annual training necessary for their duties and conduct self-evaluations to review the role and activities of the Audit Committee, thereby overseeing management and enhancing professionalism. The Audit Committee meets at least once per quarter, and the attendance rate for the Audit Committee in 2025 was 100%.

The Independent Director Nomination Committee recommends candidates for new appointments and reviews reappointments after comprehensively evaluating their activities as independent directors, taking into consideration their attendance rate at Board meetings, expertise, fulfillment of their responsibilities, and other relevant factors during their three-year term. Our Independent Directors are appointed individually at the General Meeting of Shareholders after being recommended by the Independent Director Nomination Committee and undergoing evaluation and screening. Currently, our Independent Directors consist of experts in industrial technology, finance and accounting, law, and management consulting. The Independent Director Nomination Committee meets as necessary, and the attendance rate for the Independent Director Nomination Committee in 2025 was 100%.

The Internal Transaction Committee was established in July 2021 to strengthen LG Display's controls over internal transactions, such as transactions between affiliates, and to enhance the fairness and transparency of transactions. The Internal Transaction Committee deliberates and approves transactions with related parties under the Commercial Act and Fair Trade Act that exceed a certain scale and reports the results to the Board of Directors. The Internal Transactions Committee holds meetings once every 6 months as a general rule, but may convene additional meetings as needed. The attendance rate for Internal Transactions Committee in 2025 was 100%.

The ESG Committee serves as a decision-making body that deliberates and approves matters necessary for LG Display to fulfill environmental and social responsibilities, establish a foundation for transparent corporate governance and compliance management, and achieve long-term sustainable growth. We convene the ESG Committee on a semi-annual basis to approve ESG management strategies and mid- to long-term ESG goals, and to review significant ESG-related risks. The attendance rate for the ESG Committee in 2025 was 100% for Executive Directors and 100% for Independent Directors.

LG Display has established a Management Committee to enable the Board of Directors to focus on deliberating more important matters efficiently. The Management Committee handles management and financial matters below a certain scale delegated by the Board of Directors, thereby promoting execution of tasks by management. The Management Committee, consisting of 2 Executive Directors, resolves matters related to the issuance of private bonds and the establishment, relocation, and closure of overseas subsidiaries, branches, factories, offices, and other important facilities below a certain scale. The Management Committee meets as necessary, and no meetings were held in 2025.