LG Energy Solution

Dear employees,

Despite challenges in the current business environment, including the ongoing U.S.–China trade dispute and supply chain disruptions, LG Energy Solution has been growing steadily every year thanks to all the employees for your constant strive for innovation and relentless efforts. Furthermore, our business is gradually expanding its influence on domestic and international stakeholders such as customers, partners, and shareholders. Therefore, our employees’ work and conduct must be carried out in a legitimate manner that complies with relevant laws, regulations, and corporate ethics.

Derived from the meaning of “comply" which refers to adhering to laws and regulations, compliance has now become a core value of ESG, a key drive for a company's competitiveness, and is indispensable for sustainable growth. LG Energy Solution became the first in the battery industry to obtain the ISO37301 certification, a global compliance management standard of the International Organization for Standardization, in 2021. The company’s continuous efforts are further demonstrated through systematizing and organizing the company-wide compliance activities through "Compliance Portal" which opened in March 2023, providing access to various educational training programs to the employees.

Starting from the second half of this year, the ESG Committee under the Board of Directors will rigorously review major compliance issues in order to bring fundamental changes for improvement.

We urge all employees to work together in line with the company's compliance activities. Please strictly adhere to relevant laws, regulations, and corporate ethics in your respective positions, and actively participate in compliance training, audit, and improvement actions. Such practices will take us one step further towards becoming the "The most profitable company with the world's best QCD management that customers trust and love."

With warmest regards,