REG - LG Electronics Inc. - Result of AGM

LG ElectronicsAnnouncement

24/03/2022 07:30

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RNS Number : 8875F  LG Electronics Incorporated  24 March 2022

LG ELECTRONICS INC.

(KRX: 066570)

 

Result of AGM

 

LG Electronics Inc. (the ''Company'') is pleased to announce that the
resolution set out in the Notice of Annual General Meeting circulated to
shareholders were approved at the Annual General Meeting of the Company held
earlier today.

 

The result of the resolution is set out below:

 

 Agenda 1 : Approval of Proposed FY 2021 Financial Statements                            Passed
                                               - Dividend per share : Common Stock 850 KRW, Preferred Stock 900 KRW
 Agenda 2 : Approval of Amendment of Article of Incorporation                            Passed
                                               The objectives of the company are to be added to the Articles of Incorporation

                      to reflect new business being promoted by the company and changes in existing
                                               business.

In order to sell medical devices, 'medical device manufacturing and sales

                      business' is to be added in accordance with the Medical Device Act
                        -

                      Addition of 'licensing business of intellectual property rights such as
                                               patents' to continue the intellectual property rights licensing business such

                      as mobile patents, which has been carried out incidentally by the MC business
                        -

                      Addition of 'development and sales of blockchain-based software, and trading
                                               and brokerage of cryptographic assets' to provide blockchain platform services

                        -                      'Production and sales of functional materials such as glass powder' is to be

                      added to manufacture/sell functional glass materials (enamel and antibacterial
                                               functional glass powder)

                        -

 Agenda 3 : Appointment of Directors                                                     Passed
                                               - Agenda 3-1 : Outside Director  Sang-Goo Lee (Re-appointment)

- Agenda 3-2 : Outside Director  Choong-Yuel Yoo (New appointment)
 Agenda 4 : Appointment of Audit Committee Member                                        Passed
                                               - Agenda 4-1 : Audit Committee Member  Sang-Goo Lee (New appointment)

- Agenda 4-2 : Audit Committee Member  Choong-Yuel Yoo (New appointment)
 Agenda 5 : Approval of Compensation Limit for Directors                                 Passed
                                               - Compensation Limit 9.0 Billion KRW  (Previous Year : 9.0 Billion KRW)

LG Electronics Inc.

IR Planning Team
24 Mar, 2022

07336, Korea

LG Twin Towers

128, Yeoui-daero, Yeongdeungpo-gu, Seoul

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