LG Electronics Incorporated — Earnings Release 2022

Jul 29, 2022

National Storage Mechanism | Additional information

RNS Number : 2272U

LG Electronics Incorporated

29 July 2022

2Q 2022 Results Report

(Billions of KRW)	LGE Consolidated, K-IFRS
	2022 2Q	2022 1Q	2021 2Q
Sales	19,464.0	20,969.0	16,932.3
Gross Profit	5,006.3	5,950.5	4,528.9
Operating Income	792.2	1,942.9	900.1
Net Income before Tax	604.1	2,066.0	1,099.9
Net Income	338.0	1,401.0	-291.9

With the official closure of Solar panel business at the end of June 2022, the Group presented related gains and losses in discontinued operations. Sales and Operating Income above were restated in accordance with K-IFRS.

l All information regarding the financial results of LG Electronics during the 2nd quarter of 2022 as contained herein has been prepared on a consolidated basis in accordance with International Financial Reporting Standards ("IFRS").

l The information regarding results of the 2nd quarter of 2022 has been prepared in advance, prior to being reviewed by outside auditors, solely for the convenience of investors of the Company, and is subject to change in the process of final review by outside auditors. Please see other notes and disclaimers at our website.

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