Board of Directors

In accordance with relevant laws and regulations and the Articles of Incorporation, the LG Display Board of Directors holds the authority to make decisions and exercise control over our major management matters. The Board, consisting of a total of seven members (two Executive Directors, one Non-executive Director, and four Independent Directors) performs management decision-making and oversight functions,

LG Display's directors are appointed by a resolution of shareholders at a shareholders' meeting in accordance with relevant laws and regulations, such as the Commercial Act, and our bylaws and other regulations. Executive Directors and other non-executive directors are appointed at a shareholders' meeting following a resolution by the Board of Directors, while Independent Directors are appointed at a shareholders' meeting following a recommendation by the Independent Director Nomination Committee and a resolution by the Board of Directors. During this process, the Board of Directors and the Independent Director Nomination Committee rigorously review each candidate's independence, expertise, suitability for the position, and whether they serve as a director at two or more other companies.

The Board of Directors supervises resolutions on major matters and the execution of duties by directors and management in accordance with relevant laws and regulations and internal company rules. To enhance the transparency of the Board of Directors, the rules of the Board of Directors and committees are disclosed. Our management, including the CEO, reports on major management issues such as business performance, outlook, and tasks to be promoted to the Board of Directors at least once every quarter, and the Board of Directors meets as needed when major issues requiring a resolution by the Board arise.
The Articles of Incorporation, Board of Directors Regulations, and Committee Regulations stipulate that the agenda, date, and location of Board of Directors meetings must be notified to directors and committee members at least 12 hours in advance. However, we notify directors and committee members 3 to 7 days in advance so that they have sufficient time to consider the agenda items.
We recommend that all directors and committee members attend Board of Directors and Committee meetings. In 2025, the attendance rate for the Board of Directors was 100%. Meanwhile, we have taken out directors' liability insurance to ensure the smooth performance of duties and responsible management by our directors.

Doocheol Moon Director is a professor of accounting at Yonsei University's Department of Business Administration. He has served as the president of the Korea Small and Medium Business Association, vice president of the Korea Government Accounting Association, and member of the Cooperation Benefit Sharing System Review Committee of the Large and Small Business Cooperation Foundation. As a financial and accounting expert, he is also an authority in ESG areas such as capital markets, corporate governance, and corporate social responsibility. He contributes to our development by leveraging his expertise in overall management and finance and accounting.
Sangwoo Lee Director, a non-executive director, has led strategy and operational organizations related to LG Electronics’ home entertainment business at LG Corporation and LG Electronics. He has previously served in key leadership roles, including Head of the HE Division, Head of the TV Business Operation Center, and Head of the Management Strategy Division and Electronics Team. Based on his extensive understanding of the electronics industry and his experience in strategy formulation, he contributes to our management decision-making and strengthening of business competitiveness.
Chunghae Kang Director has served as Vice President of the Korean Environmental Law Association, member of the Ministry of Environment's Environmental Pollution Damage Compensation Policy Committee, and attorney at law firm Gwangjang. Currently a professor at Seoul City University's Law School, she is a legal expert with both specialized knowledge and practical experience in environmental-related fields, contributing to our compliance management.
Jungsuk Oh Director has eight years of experience as a display drive engineering researcher at Sambo Computer, an IT company, and is currently a professor at Seoul National University's College of Business Administration, a director of the Content Management Association, and an auditor of the Korean Big Data Association. He provides appropriate advice in the field of management consulting and contributes to our business development based on his knowledge and experience in his field of expertise.
Sanghee Park Director is a display industry technology expert who served as a researcher at the Korea Electronics and Telecommunications Research Institute and president of the Korean Information Display Society, and is currently a professor at the Department of Materials Science and Engineering at KAIST. He contributes to business development based on his practical experience and knowledge in the display industry and academia.

LG Display conducts annual workshops for independent directors to enhance their expertise and strengthen their oversight responsibilities. These workshops cover key business developments, investment strategies, industry technologies and manufacturing processes, changes in directors’ roles resulting from legal and regulatory developments, and investor feedback. We also support independent directors in visiting domestic and overseas business sites to deepen their understanding of the display industry, relevant technologies and manufacturing processes, and operations. In addition, pursuant to Article 12 of the Board Regulations, the Board of Directors may, when deemed necessary, engage external advisors or experts through a board resolution.

LG Display ensures that the majority (57%) of its board members are independent directors who meet the requirements, thereby facilitating the smooth supervision of management's execution of duties. In addition, the Independent Director Nomination Committee, established in accordance with relevant laws and regulations to conduct comprehensive reviews of independent director candidates, taking into consideration their independence, expertise, and diversity, and recommends suitable candidates. The ESG Committee introduced the “Guidelines for the Independence of Independent Directors” in April 2023 and verifies the independence of independent directors by considering various factors, including those specified in the guidelines. The main contents of the guidelines and other considerations are managed as “Factors to Consider for the Independence of Independent Directors.” For independent directors to perform their duties effectively, they are restricted from concurrently serving as directors, executive officers, or auditors of our competitors or two or more companies other than us.

• Whether Independent Director has served as an officer or employee of LG Display during the past 5 years
• Whether Independent Director's immediate family members have served as officers of LG Display, its parent company, or its subsidiaries during the past 3 years
• Whether Independent Director has family members who have received payments exceeding $60,000 from LG Display, its parent company, or its subsidiaries during the current fiscal year or the past three fiscal years, except as permitted by Securities and Exchange Commission (SEC) Regulation 4200.
• Whether Independent Director is employed by LG Display's external audit firm
• Whether Independent Director is an officer or employee of a corporation that has entered into a major advisory or technology partnership agreement with the Company
• Whether Independent Director is an advisor or consultant to LG Display or its management
• Whether Independent Director is an employee of a corporation whose total transaction amount with LG Display during the last 3 fiscal years is 10% or more of the company's total assets or total sales
• Whether Independent Director is affiliated with an important customer or supplier of LG Display
• Whether Independent Director is affiliated with a non-profit organization that receives significant contributions from LG Display
• Whether there is a significant interest in matters decided by the Board of Directors

LG Display evaluates executive performance through a comprehensive assessment of both financial indicators, such as sales revenue and operating profit, and non-financial indicators, including the achievement of mid-to long-term objectives, leadership, and contributions. Executive compensation is determined by the Board of Directors in accordance with its established standards, taking into consideration each executive’s position and responsibilities within the limits approved by the General Meeting of Shareholders. Performance-based compensation is awarded within a range of 0% to 150% of total compensation, based on the performance evaluation results and the available performance-based compensation pool, subject to Board approval.
To maintain fairness and independence, Independent Directors do not receive performance-based compensation in addition to their base remuneration, nor is their compensation linked to performance evaluations. All Independent Directors receive the same level of compensation within the limits approved by the General Meeting of Shareholders, without differentiation. We transparently disclose the compensation of all directors, including the CEO, through our Annual Report.