Lg Elec Gds S Regulatory News (LGLD)

Agenda 1 : Approval of Proposed FY 2020 Financial Statements

- Dividend per share : Common Stock 1,200 KRW, Preferred Stock 1,250 KRW

Agenda 2 : Approval of Amendment of Article of Incorporation

- To delete the provision on quorum for appointment of directors pursuant to the adoption of the electronic voting system

- To reflect the separate election of members of the Audit Committee pursuant to the amended Article 542-12 of the Korean Commercial Code

- To delete the provision on retirement of shares in accordance with the amendment of the Financial Services and Capital Markets Act

Agenda 3 : Appointment of Directors

- Inside Director : Doo Yong Bae (Re-Nominated)

Agenda 4: Appointment of Outside Director as Audit Committee Member

- Outside Director as Audit Committee Member : Soo Jin Kang (Newly Nominated)

Agenda 5 : Approval of Compensation Limit for Directors

- Compensation Limit 9.0 Billion KRW (Previous Year: 9.0 Billion KRW)

Agenda 6 : Request for Approval on Spin-off Plan

- To approve spin-off plan for a newly established JV of electric vehicle components business