United states
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6‑K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a‑16 OR 15d‑16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

LG Display Co., Ltd.
(Translation of Registrant’s name into English)

LG Twin Towers, 128 Yeoui‑daero, Yeongdeungpo‑gu, Seoul 07336, Republic of Korea
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20‑F or Form 40‑F.

Form 20‑F X Form 40‑F ____

Indicate by check mark if the registrant is submitting the Form 6‑K in paper as permitted by Regulation S‑T Rule 101(b)(1): ____

Note: Regulation S‑T Rule 101(b)(1) only permits the submission in paper of a Form 6‑K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6‑K in paper as permitted by Regulation S‑T Rule 101(b)(7): ____

Note: Regulation S‑T Rule 101(b)(7) only permits the submission in paper of a Form 6‑K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6‑K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3‑2(b) under the Securities Exchange Act of 1934.

Yes _____ No X

QUARTERLY REPORT

(From January 1, 2026 to March 31, 2026)

THIS IS A TRANSLATION OF THE QUARTERLY REPORT ORIGINALLY PREPARED IN KOREAN AND IS IN SUCH FORM AS REQUIRED BY THE KOREAN FINANCIAL SUPERVISORY COMMISSION.

IN THE TRANSLATION PROCESS, SOME PARTS OF THE REPORT WERE REFORMATTED, REARRANGED OR SUMMARIZED AND CERTAIN NUMBERS WERE ROUNDED FOR THE CONVENIENCE OF READERS. REFERENCES TO “Q1”, “Q2”, “Q3” AND “Q4” OF A FISCAL YEAR ARE REFERENCES TO THE THREE-MONTH PERIODS ENDED MARCH 31, JUNE 30, SEPTEMBER 30 AND DECEMBER 31, RESPECTIVELY, OF SUCH FISCAL YEAR. REFERENCES TO “W” ARE REFERENCES TO THE KOREAN WON.

UNLESS EXPRESSLY STATED OTHERWISE, ALL INFORMATION CONTAINED HEREIN IS PRESENTED ON A CONSOLIDATED BASIS IN ACCORDANCE WITH KOREAN INTERNATIONAL FINANCIAL REPORTING STANDARDS, OR K‑IFRS, which differ in certain respects from generally accepted accounting principles in certain other countries, including the United States. K‑IFRS also differs in certain respects from the international financial reporting standards as issued by the international accounting standards board. We have made no attempt to identify or quantify the impact of these differences IN THIS DOCUMENT.

Contents

1. Company

A. Name and contact information

B. Credit rating

C. Capitalization

D. Voting rights

E. Dividends

F. Matters relating to Articles of Incorporation

2. Business

A. Business overview

B. Industry

C. New businesses

D. Customer-oriented marketing activities

3. Major Products and Raw Materials

A. Major products

B. Average selling price trend of major products

C. Major raw materials

4. Production and Equipment

A. Production capacity and output

B. Production performance and utilization ratio

C. Investment plan

5. Sales

A. Sales performance

B. Sales organization and sales route

C. Sales methods and sales terms

D. Sales strategy

E. Major customers

6. Purchase Orders

7. Risk Management and Derivative Contracts

A. Risk management

B. Derivative contracts

8. Major Contracts

9. Research & Development

A. Summary of R&D‑related expenditures

B. R&D achievements

10. Intellectual Property

11. Environmental and Safety Matters

A. Business environment management

B. Product environment management

C. Safety standards

D. Green management

E. Status of sanctions

12. Financial Information

A. Financial highlights (Based on consolidated K‑IFRS)

B. Financial highlights (Based on separate K‑IFRS)

C. Consolidated subsidiaries as of March 31, 2026

D. Status of equity investments in associates as of March 31, 2026

13. Audit Information

A. Audit service

B. Non‑audit service

C. Non-audit service by an affiliate of independent auditor

14. Management’s Discussion and Analysis of Financial Condition and Results of Operations

15. Board of Directors

16. Information Regarding Shares

A. Total number of shares

B. Shareholder list

17. Directors and Employees

A. Directors

B. Employees

18. Other Matters

Legal proceedings

Status of collateral pledged to related party

Material events subsequent to the reporting period

Attachment: 1. Financial Statements in accordance with K‑IFRS


	2

Company

Name and contact information

The name of our company is “EL‑GI DISPLAY CHUSIK HOESA,” which shall be “LG Display Co., Ltd.” in English.

Our principal executive office is located at LG Twin Towers, 128 Yeoui‑daero, Yeongdeungpo‑gu, Seoul 07336, Republic of Korea, and our telephone number is +82‑2‑3777‑1010. Our website address is http://www.lgdisplay.com.

Credit rating

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.

Capitalization

(1)

Change in capital stock (as of March 31, 2026)

(Unit: Won, Shares)

      Date of Issuance

      Method of Issuance

      Details of the Shares Issued

       
      Type

      Number of Shares

      Par value per Share

      Offering price per Share

      Remarks

      March 15, 2024

      Paid-in capital increase (share rights offering to existing shareholders)

      Common shares

      142,184,300

      W 5,000

      W 9,090

      Ratio of paid-in capital increase: 39.74%

(2)

Convertible bonds (as of March 31, 2026)

We have no outstanding convertible bonds as of March 31, 2026.

Voting rights (as of March 31, 2026)


Description		Number of shares
A. Total number of shares issued(1):	Common shares(1)	500,000,000
A. Total number of shares issued(1):	Preferred shares	‑
B. Shares without voting rights:	Common shares	‑
B. Shares without voting rights:	Preferred shares	‑
C. Shares subject to restrictions on voting rights pursuant to our articles of incorporation:	Common shares	‑
	Preferred shares	‑
D. Shares subject to restrictions on voting rights pursuant to regulations:	Common shares	‑
	Preferred shares	‑
E. Shares with restored voting rights:	Common shares	‑
E. Shares with restored voting rights:	Preferred shares	‑
Total number of issued shares with voting rights (F = A – B – C – D + E):	Common shares	500,000,000
	Preferred shares	‑

(1)

Authorized: 1,000,000,000 shares

Dividends

Dividends for the three most recent fiscal years


Description (unit)		2026 Q1	2025	2024
Par value (Won)		5,000	5,000	5,000
Profit (loss) for the year (million Won)(1)		(570,691)	226,312	(2,562,606)
Earnings (loss) per share (Won)(2)		(1,141)	453	(5,438)
Total cash dividend amount for the period (million Won)		‑	‑	‑
Total stock dividend amount for the period (million Won)		‑	‑	‑
Cash dividend payout ratio (%)		‑	‑	‑
Cash dividend yield (%)	Common shares	‑	‑	-
Cash dividend yield (%)	Preferred shares	‑	‑	‑
Stock dividend yield (%)	Common shares	‑	‑	‑
Stock dividend yield (%)	Preferred shares	‑	‑	‑
Cash dividend per share (Won)	Common shares	‑	‑	-
Cash dividend per share (Won)	Preferred shares	‑	‑	‑
Stock dividend per share (share)	Common shares	‑	‑	‑
Stock dividend per share (share)	Preferred shares	‑	‑	‑

(1)

Based on profit for the year attributable to the owners of the controlling company.

(2)

Earnings per share is based on par value of W5,000 per share and is calculated by dividing net income by weighted average number of common shares.

Historical dividend information(1)


Number of consecutive years of dividends(2)		Average Dividend Yield(2)
Interim dividends	Annual dividends	Last 3 years	Last 5 years
─	─	─	0.56

(1)

The historical dividend information has been prepared based on the actual dividends declared for the fiscal years 2021 through 2025.

(2)

The average dividend yield is calculated using the simple arithmetic average method, including the fiscal years in which no dividend was paid (dividends were paid with respect to fiscal year 2021 only based on the dividend resolution date).

Matters relating to Articles of Incorporation

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.

Business

Business overview

We were incorporated in February 1985 under the laws of the Republic of Korea. LG Electronics and LG Semicon transferred their respective LCD business to us in 1998, and since then, our business has been focused on the research, development, manufacture and sale of products that apply display technologies such as OLED and TFT‑LCD. Sorting by major sales product category, television, IT products, mobile and other products, and “auto” products (comprising automotive display products) accounted for 16%, 36%, 38% and 10% of our total sales, respectively, in the first quarter of 2026. Our customers primarily consist of global set makers, and our top ten customers comprised 93% of our total sales revenue in the first quarter of 2026. As a company focused on exports, our overseas sales accounted for approximately 95% of our total sales in the first quarter of 2026. We have overseas sales subsidiaries located in the United States, Germany, Japan, Taiwan, China and Singapore.

We operate key production facilities in Korea, China and Vietnam, and our cumulative annual production capacity for the first quarter of 2026 was approximately 0.9 million glass sheets, as converted into eighth-generation sheets (2200x2500mm). In order to expand our production capacity of differentiated and competitive products such as OLED panels, our total capital expenditures on a cash out basis was around W1.4 trillion in 2025. In 2026, we plan to increase our capital expenditures to the mid-to-upper W2 trillion range, representing an increase from the previous year.

The major raw materials for display panel production include glass, semiconductors, polarizers, organic matter, backlight units (“BLU”) and printed circuit boards (“PCB”), and the prices of our raw materials may fluctuate as a result of supply and demand in the market as well as changes in our purchase quantity.

The display industry to which we belong is highly affected by the global economic conditions. Given the characteristics of the display business, which requires large-scale investments, display panel prices may fluctuate due to an imbalance between supply and demand, which may affect our profitability. The sales performance of industry players is differentiated by not only the production capacity of each company but also other competitive differences arising from factors including technology, cost structure, product development capability, manufacturing efficiency, quality control and customer relationships, as well as by differentiation in sales volume and pricing utilizing such factors. In addition, given the high proportion of our sales overseas, our sales of display panels are denominated mainly in U.S. dollars whereas our purchases of raw materials are denominated mainly in U.S. dollars, Japanese Yen and Chinese Yuan. Accordingly, our profit margins may be affected by changes in the exchange rates between the currencies. We strive to minimize the risk relating to foreign currency denominated assets, liabilities and operating cash flow due to exchange rate fluctuations.

Our research and development expenses represent approximately 10% of our sales, and we are continually creating customer value through systematic R&D activities for new products and technologies. Leveraging our competitive R&D activities, we are leading the display market by providing differentiated values in display panel products utilizing our OLED and TFT-LCD technologies for various uses including television, IT, mobile products and automobiles.

Consolidated operating results highlights

(Unit: In billions of Won)


	2026 Q1	2025	2024
Sales Revenue	5,534	25,810	26,615
Gross Profit	765	3,376	2,575
Operating Profit (loss)	147	517	(561)
Total Assets	27,296	26,917	32,860
Total Liabilities	19,523	19,077	24,787

Industry

(1)

Industry characteristics

•

From the supply perspective, the display panel industry is technology- and capital-intensive in nature and requires mass production through achieving an economy of scale.

•

From the demand perspective, the display panel industry tends to demonstrate a high level of volatility depending on the global macroeconomic conditions, major regional sales events and/or seasonal factors.

•

Though the display panel industry is currently facing risks of decreased consumption of related goods in the business-to-consumer sector and reduced investor confidence in the business-to-business sector due to ongoing


	5

uncertainty in the global macroeconomic environment and rising semiconductor prices driven by the expansion of artificial intelligence (“AI”), there are continued opportunities in the display market to meet changes in consumer lifestyle and specific consumer needs in the mid- to long-term.

•

In the market for television display panels, while the overall market remains stagnant, the increase of video content (including over-the-top services), expanding uses of television (such as playing video games) and the growth of the ultra-large TV market are expected to create meaningful opportunities for qualitative growth.

•

In the market for traditional IT products, while risks of price increases and demand slowdown exist primarily in the notebook computers sector due to recent semiconductor supply issues, growth opportunities for new offerings such as gaming products, portable products and AI-integrated technology are expected to exist driven by lifestyle changes.

•

The growth in the market for smartphone products continues to be concentrated around high value-added products using plastic OLED display panels that offer superior performance through diversification of form factors, low-power consumption and high resolution, in light of the increased use of smartphones for mobile contents and gaming purposes.

•

In the market for automotive display panels, display panels are increasingly being used in light of the expanded adoption of in-vehicle infotainment systems, and the market is continuing to demonstrate qualitative growth as the demand for larger and higher-resolution display panels continues to increase.

•

As the market for LCD panel-based products has reached a maturity stage, the growing adoption of OLED panels across various segments, driven by their differentiated performance and form factor advantages, is expected to create new opportunities.

(2)

Growth Potential

The display panel industry is expected to continue to grow, as the essential role of display products as a key device for information and communication in daily lives of individuals as well as for industrial purposes becomes more pronounced. We are strengthening our business competitiveness based on customer value and developing new markets under our strategic plan to transition our business to center around OLED, which has a strong growth potential within the display panel industry. With respect to large-sized display panels, we are focusing on expanding the OLED market through differentiated products and technology, such as META technology, which offers high-resolution and high-luminance, and Tandem WOLED technology, as well as strengthening business with new customers. We are also leading the expansion into new product areas, such as gaming display panels. In the medium-sized display panel business, we are increasing the proportion of premium products such as high resolution and wide screen products based on IPS and oxide technologies, and we are also increasing the use of OLED panels in IT products to improve power consumption and provide differentiated form factors. In the small-sized display panel business, we have secured high value-added and differentiated technology and stable operating capabilities for 6th generation plastic OLED smartphone displays, while also expanding our customer base in the automotive display panels business by providing optimized display solutions featuring high resolution, high refresh rates and high luminance, based on a diverse portfolio of premium products including plastic OLED, advanced thin OLED and LTPS LCD panels. We are also in the process of proactively preparing the technology to respond to new market opportunities for ultra-small-sized displays, including those in relation to augmented reality and virtual reality uses.

(3)

Cyclicality

•

The display panel business is characterized by being highly cyclical and sensitive to fluctuations in the general economy. The industry may experience volatility caused by imbalances between supply and demand due to changes in capital expenditure levels and adjustments in production utilization rates within the industry.

•

Macroeconomic factors and other causes of business cycles can affect demand for display panels. Accordingly, if supply exceeds demand, average selling prices of display panels may decrease. Conversely, if market demand outpaces supply, average selling prices may increase.

(4)

Market conditions

•

Most display panel manufacturers are located in Asia as set forth below. Chinese panel manufacturers are expanding their dominance in the TFT-LCD sector through oligopolization of the market, while also pursuing entry into the medium-sized OLED panel market based on investments in new production facilities. In response,


	6

Korean panel manufacturers are continuing their efforts to maintain their market leadership by strengthening their OLED-focused business structure and to sustain their differentiated competitiveness through technological advancement in the TFT-LCD sector.

Korea: LG Display, Samsung Display, etc.

Taiwan: AU Optronics, Innolux, etc.

Japan: Sharp, etc.

China: BOE, CSOT, HKC, etc.

•

Our worldwide market share of large‑sized display panels (i.e., panels that are 9 inches or larger) based on revenue is as follows:


	2026 Q1	2025	2024
Panels for Televisions(1)(2)	7.4%	10.4%	14.1%
Panels for IT Products(1)	15.9%	17.6%	19.1%
Total(1)	11.4%	13.4%	15.7%

(1)

Source: Large Area Display Market Tracker (OMDIA). Data for 2026 Q1 are based on OMDIA’s estimates, as actual results for 2026 Q1 have not yet been made available as of the date of this report.

(2)

Includes panels for public displays.

(5)

Competitiveness and competitive advantages

•

Our ability to compete successfully depends on factors both within and outside our control, including the development of new and premium products through technological advances, timely investments that achieve profitability, maintaining flexible product portfolio and production facility operations responsive to market conditions, price of our products, competitive production costs, productivity enhancement, our relationship with customers, success in marketing to our end‑brand customers, competitive environment and economic conditions within the industry, and foreign exchange rates.

•

In order for us to compete effectively, it is critical to offer differentiated products that enable us to secure profit margins even during times of a mismatch in the market supply and demand, to be price- and cost-competitive and to maintain stable relationships with customers.

•

A substantial portion of our sales is attributable to a limited number of end‑brand customers and their designated system integrators. As such, it is important to build a sustained relationship with such customers.

•

Developing new products and technologies that can be differentiated from those of our competitors is critical to the success of our business. It is important that we take active measures to protect our intellectual property internationally. It is also necessary to recruit and retain experienced key managerial personnel and skilled line operators.

•

As a leading technology innovator in the display industry, we continue to focus on delivering differentiated value to our customers by developing various technologies and products, including display panels with WOLED/POLED, IPS, Oxide, in-TOUCH, Tandem and other technologies. With respect to OLED panels, following our supply of the world’s first 55-inch OLED panels for televisions in 2013, we have continued to achieve ongoing technological innovation by continuing to enhance the performance of our products and to offer differentiated large-sized OLED products such as our large-sized gaming OLED products and those incorporating our META technology. Moreover, we have continually introduced and expanded our high value-added plastic OLED products for smartphones, smartwatches and automotive products, along with our advanced thin OLED products, among others. With respect to TFT-LCD panels, we are leading the market with our competitive advantages in technology, including through our IPS, Oxide and LTPS technology-based desktop and notebook monitors featuring high resolutions, differentiated designs and high frequency refresh rates, and specialized products for automotive, commercial and medical uses. Our production facilities are also equipped to produce products incorporating in-TOUCH technology.

•

Moreover, we are maintaining and strengthening close long-term partnerships with major global firms to secure customers and expand relationships for technology development.


	7

New businesses

For our continued growth, we are actively exploring and preparing for new business opportunities in response to the changing market environment. As such, we are continually reviewing and looking at opportunities in the display and promising new industries.

Customer-oriented marketing activities

Through engaging in detailed analysis and acquiring insight on the market and industry conditions, technology, products and end-user consumers, we seek to provide differentiated values that are customer- and consumer-friendly. In addition, we engage in activities that are geared to proactively identify and offer meaningful benefits to customers and consumers. As a result, we are continually developing products that provide differentiated values using our technologies. At the same time, we strive to create new markets and mutually benefit our business and our customers by obtaining customer trust and satisfaction through our customer- and consumer-oriented marketing activities.


	8

Major Products and Raw Materials

Major products

We manufacture OLED and TFT‑LCD panels, of which a significant majority is sold overseas.

(Unit: In billions of Won, except percentages)

      Business area

      Sales type

      Items (By product)

      Usage

      Major trademark

      2026 Q1

       
      Sales Revenue

      Percentages (%)

      Display

      Goods/Products/ Services/ Other sales

      Televisions

      Panels for televisions

      LG Display

      870

      15.7%

      IT products

      Panels for monitors, notebook computers and tablets

      LG Display

      1,997

      36.1%

      Mobile, etc.

      Panels for smartphones, smartwatches, etc.

      LG Display

      2,118

      38.3%

      Auto products

      Panels for automobiles

      LG Display

      549

      9.9%

      Total

      5,534

      100.0%

Average selling price trend of major products

The average selling prices of display panels are subject to change based on market conditions and demand by product category. The average selling price of display panels per square meter of net display area shipped in the first quarter of 2026 was USD 1,244, representing a decrease from the previous quarter primarily due to a decline in shipments of small- and medium-sized OLED panels, which carry relatively higher average selling prices per square meter, as a result of seasonal factors. The average selling prices of display panels per square meter of net display area may continually fluctuate in the future due to changes in market conditions, demand trends and our product mix.

(Unit: US$ / m2)


Period		Average Selling Price(1)(2) (in US$ / m2)
2026 Q1		1,244
2025 Q4		1,297
2025 Q3		1,365
2025 Q2		1,056
2025 Q1		804
2024 Q4		873
2024 Q3		825
2024 Q2		779
2024 Q1		782

(1)

Quarterly average selling price per square meter of net display area shipped.

(2)

Excludes semi‑finished products in the cell process.

Major raw materials

Prices of major raw materials depend on fluctuations in supply and demand in the market as well as on changes in size and quantity of raw materials due to the increased production of large‑sized panels.

(Unit: In billions of Won, except percentages)


Business area	Purchase type	Items	Usage	Cost(1)	Ratio (%)	Suppliers(2)
Display	Raw materials	PCB	Display panel manufacturing	222	10.7%	Hyunwoo Industrial Co., Ltd., etc.
		Polarizers		334	16.1%	Dongwoo Fine-Chem Co., Ltd., etc.
		BLU		192	9.3%	Heesung Electronics LTD., etc.
		Glass		88	4.2%	Paju Electric Glass Co., Ltd., etc.
		Drive IC		179	8.6%	LX Semicon, etc.
		Others		1,063	51.1%	-
Total				2,078	100.0%

- Period: January 1, 2026 ~ March 31, 2026.

(1)

Based on total cost for purchase of raw materials which includes manufacturing and development costs, etc.

(2)

Among our major suppliers, Paju Electric Glass Co., Ltd. is our affiliate and LX Semicon is an affiliate of LX Holdings Corp.

•

The market prices of main raw materials for display panels fluctuate depending on the global market conditions of raw materials and demand by product segment.

•

The market price of polarizers, which is a main raw material for display panels, decreased by 3% as of March 31, 2026 compared to the end of the previous year.

•

The market price of PCB increased by 1% compared to the end of the previous year. The market prices of drive IC and BLU decreased by 2% and 1%, respectively, as of March 31, 2026, compared to the end of the previous year.

•

Although the global economy in 2026 continues to face ongoing geopolitical risks stemming from the Middle East, including the Iranian war and the blockade of the Strait of Hormuz, as well as uncertainties in oil prices and raw material costs, we aim to optimize our raw material costs compared to the previous year through an improvement in the balance of market supply and demand in the raw materials market and our efforts to strengthen our raw material cost competitiveness. The prices of raw materials may continue to fluctuate in light of changes in the market conditions of such materials.

Production and Equipment

Production capacity and output

(1)

Production capacity

The table below sets forth the production capacity of our Gumi, Paju and Guangzhou facilities in the periods indicated.

(Unit: 1,000 glass sheets)


Business area	Items	Location of facilities	2026 Q1(1)	2025(1)(2)	2024(1)
Display	Display panel, etc.	Gumi, Paju, Guangzhou	917	4,208	6,063

(1)

Calculated based on the effective capacity method (based on glass input substrate size for eighth-generation glass sheets) multiplied by daily operating hours, the number of operating days and the efficiency rate.

(2)

As the disposal of our equity interest in LG Display (China) Co., Ltd. was completed on April 1, 2025, the production capacity presented includes such subsidiary’s production capacity through the first quarter of 2025.

(2)

Production output

The table below sets forth the production output of our Gumi, Paju and Guangzhou facilities in the periods indicated.

(Unit: 1,000 glass sheets)


Business area	Items	Location of facilities	2026 Q1(1)	2025(1)(2)	2024(1)
Display	Display panel, etc.	Gumi, Paju, Guangzhou	858	3,914	5,656

(1)

Based on the production results (input standard) of each plant converted into eighth-generation glass sheets.

(2)

As the disposal of our equity interest in LG Display (China) Co., Ltd. was completed on April 1, 2025, the production output presented includes such subsidiary’s production output through the first quarter of 2025.

Production performance and utilization ratio

(Unit: Hours, except percentages)


Production facilities	Available working hours in 2026 Q1	Actual working hours in 2026 Q1	Average utilization ratio
Gumi	2,160(1) (24 hours x 90 days)	2,064(1) (24 hours x 86 days)	95.6%
Paju	2,160(1) (24 hours x 90 days)	2,160(1) (24 hours x 90 days)	100.0%
Guangzhou	2,160(1) (24 hours x 90 days)	2,160(1) (24 hours x 90 days)	100.0%

(1)

Number of days is calculated by averaging the number of working days for each facility.

Investment plan

In 2025, our total capital expenditures on a cash out basis was around W1.4 trillion. In 2026, we plan to increase our capital expenditures to the mid-to-upper W2 trillion range, representing an increase from the previous year. On April 22, 2026, we announced new facility investments related to the enhancement of OLED technology in order to strengthen our technological competitiveness and basis for growth, the details of which are set forth below.

      Filing date

      Title of disclosure

      Details of disclosure

      Other references useful for making investment decisions

       
April 22, 2026
 
      New Facility Investment

      1. Investment target: New OLED technology infrastructure
2. Investment amount: W1.1 trillion
3. Purpose: To enhance technological competitiveness and strengthen basis for growth through the advancement of OLED technologies
4. Investment period: April 22, 2026 –  June 30, 2028

      The start date of investment period is based on the resolved date of the Board of Directors, and end date of investment period may be subject to change depending on market conditions and the investment progress. In addition, the detailed matters necessary for the execution of this investment have been delegated to our Chief Executive Officer.

Sales

Sales performance

(Unit: In billions of Won)


Business area	Sales types	Items (Market)		2026 Q1	2025	2024
Display	Products	Display panel	Overseas(1)	5,238	24,613	25,496
			Korea(1)	270	954	960
			Total	5,508	25,567	26,456
	Others(2)		Overseas(1)	20	206	112


	11


	Raw materials, components, etc.	Korea(1)	6	37	47
	Raw materials, components, etc.	Total	26	243	159
Total		Overseas(1)	5,258	24,819	25,608
		Korea(1)	276	991	1,007
		Total	5,534	25,810	26,615

(1)

Based on ship‑to‑party.

(2)

Other sales include royalty sales.

Sales organization and sales route

•

As of March 31, 2026, each of our television, IT, mobile and auto product businesses had individual sales and customer support functions.

•

Sales subsidiaries in the United States, Germany, Japan, Taiwan, China and Singapore perform sales activities and provide local technical support to customers.

•

Sales of our products take place through one of the following two routes:

1) LG Display Headquarters and overseas manufacturing subsidiaries → Overseas sales subsidiaries (USA/Germany/Japan/Taiwan/China/Singapore), etc. → System integrators and end‑brand customers → End users

2) LG Display Headquarters and overseas manufacturing subsidiaries → System integrators and end‑brand customers → End users

•

Sales performance by sales route


Sales performance	Sales route(1)	Ratio
Overseas	Overseas subsidiaries	98.1%
Overseas	Headquarters	1.9%
Overseas sales portion (overseas sales / total sales)		95.0%
Korea	Overseas subsidiaries	35.8%
Korea	Headquarters	64.2%
Korea sales portion (Korea sales / total sales)		5.0%

(1) Percentage by sales route is based on revenue from the Display business segment.

Sales methods and sales terms

•

Direct sales and sales through overseas subsidiaries, etc. Sales terms are subject to change depending on the fluctuation in the supply and demand.

Sales strategy

•

With respect to television display products, we are strengthening our competitive advantages in the premium television display market by enhancing the performance of our OLED television display panels and advancing both product and technology sophistication levels, while also working towards strengthening our business portfolio and securing sustainable profitability through the expansion of our OLED-based gaming monitor business.

•

With respect to IT display products, we are continually strengthening the sales of high‑resolution, IPS, narrow bezel and other high‑end display panels with major global IT product manufacturers as our primary customer base.

•

With respect to mobile and other products (a wide range of products including smartphones, smartwatches and industrial products (including aviation and medical equipment, among others)), we are continuing to build a strong and diversified business portfolio and expand our global customer base by leveraging the strength of our differentiated technology and products such as OLED, narrow bezel, low-power consumption and thin and light features.

•

With respect to automotive display products, our business is steadily growing on the back of stable orders secured through our ability to deliver differentiated value to global automobile manufacturers leveraging our diversified technology and product portfolio that includes plastic OLED, advanced thin OLED and LTPS LCD panels.


	12

Major customers

•

Customers “A” and “B” each accounted for more than 10% of our sales revenue in the first quarter of 2026. Sales revenue generated from Customer “A” amounted to W3,231 billion in the first quarter of 2026 and W3,182 billion in the first quarter of 2025, and sales revenue generated from Customer “B” amounted to W696 billion in the first quarter of 2026 and W851 billion in the first quarter of 2025. In addition, sales revenue derived from our top ten customers comprised 93% of our total sales revenue in the first quarter of 2026 and 90% in the first quarter of 2025.

Purchase Orders

•

We supply some of our products in accordance with the production plans of automobile manufacturers. However, the volume of our supply is subject to fluctuation depending on the customers’ actual order volume and future market conditions, and it is not possible to accurately predict the changes in demand resulting from changes in the domestic and global economic environment. Moreover, as of March 31, 2026, we do not have purchase order contracts that recognize revenue by measuring progress towards satisfaction of performance obligation by using the cost-based input method.

Risk Management and Derivative Contracts

Risk management

(1)

Major market risks

Our business is exposed to credit risk, liquidity risk and market risk. Accordingly, we operate a risk management system that identifies and analyzes these risks while monitoring and managing risk level by establishing appropriate risk controls in order to ensure that such risks do not exceed certain threshold levels.

See Note 24 to our consolidated financial statements attached hereto for more information regarding our exposure to each of the risks listed above.

(2)

Risk management method

In order to manage our risk against foreign currency fluctuations, we eliminate such risk by adopting a policy of maintaining our net exposure risk within an acceptable level by buying or selling foreign currencies at spot rates, when necessary, to address short-term imbalances in the inflow and outflow of foreign currency funds. We also continually monitor our currency position and risk for other monetary assets and liabilities denominated in foreign currencies, and when needed, we may from time to time enter into cross‑currency interest rate swap contracts and foreign currency forward contracts. Furthermore, we have adopted a policy aimed at minimizing uncertainty and financial costs arising from interest rate fluctuations and manage our interest rate risk through periodic monitoring of interest rate trends and adoption of appropriate countermeasures.

Derivative contracts

(1)

Currency risks

•

We are exposed to currency risks on sales, purchases and borrowings that are denominated in currencies other than in Won, our functional currency. These currencies are primarily the U.S. dollar and the Japanese Yen.

•

Interest on borrowings is denominated in the currency of the borrowing. Generally, borrowings are denominated in currencies that match the cash flows generated by our underlying operations, primarily in Won, the U.S. dollar and the Chinese Yuan.

•

As of the end of the reporting period, in order to avoid risks of exchange rate fluctuations on the fair value of advance received, we entered into an aggregate of USD 1,445 million, CNY 1,740 million cross currency interest swap agreements with Shinhan Bank and others, for which we have not applied hedge accounting. Any rights or obligations arising from derivative contracts that do not apply hedge accounting are measured at fair value and are accounted for as assets and liabilities, whereas any resulting valuation gain or loss is recognized as profit or loss at the time such valuation gain or loss is incurred. We recognized a gain on valuation of derivative instruments in the amount of W122 billion with respect to the above foreign exchange derivative instruments held during the reporting period.

(2)

Interest rate risks


	13

•

Our exposure to interest rate risks relates primarily to our floating rate long-term loan obligations. We have established and are managing interest rate risk policies to minimize uncertainty and costs associated with interest rate fluctuations by monitoring cyclical interest rate fluctuations and enacting countermeasures.

•

As of the end of the reporting period, we entered into interest rate swap agreements with KEB Hana Bank and others in an aggregate of W2,030 billion and USD 250 million, for which we have not applied hedge accounting. We recognized a gain on valuation of derivative instruments in the amount of W17 billion with respect to our interest rate derivative instruments held during the reporting period.


	14

Major Contracts

Our material contracts, other than contracts entered into in the ordinary course of business, are set forth below:


Type of agreement	Name of party	Term	Content
Technology licensing/ supply agreement	Hewlett‑Packard	January 2011 ~	Patent licensing of semi‑conductor device technology
	Ignis Innovation, Inc.	July 2016 ~	Patent licensing of OLED related technology
	Hannstar Display Corporation	December 2013 ~	Patent cross‑licensing of LCD technology
	AU Optronics Corporation	August 2011 ~	Patent cross‑licensing of LCD technology
	Innolux Corporation	July 2012 ~	Patent cross‑licensing of LCD technology
	Universal Display Corporation	January 2015 ~ December 2030	Patent licensing of OLED related technology
	Semiconductor Energy Laboratory	January 2021 ~ December 2030	Patent licensing of LCD and OLED related technology

Real estate/others	LG Innotek Co., Ltd.	Date of contract: December 23, 2022 Term: December 26, 2022 ~ December 31, 2027	Lease of idle real estate property for rental income (the contract amount and other details are not disclosed in accordance with a non-disclosure agreement)
Real estate/others	LG Uplus Corp.	Date of contract: May 14, 2024	Sale of real estate property to enhance asset efficiency (for details, please refer to the Form 6-K furnished to the SEC on April 25, 2024)

Research & Development (“R&D”)

Summary of R&D‑related expenditures

(Unit: In millions of Won, except percentages)


Items		2026 Q1	2025	2024
R&D Expenditures (prior to deducting governmental subsidies)		574,434	2,211,369	2,237,403
Governmental Subsidies		(62)	(625)	(705)
Net R&D‑Related Expenditures		574,372	2,210,744	2,236,698
Accounting Treatment(1)	R&D Expenses	478,852	1,668,306	1,687,315
Accounting Treatment(1)	Development Cost (Intangible Assets)	95,520	542,438	549,383
R&D‑Related Expenditures / Revenue Ratio(2) (Total R&D‑Related Expenditures  Revenue for the period × 100)		10.4%	8.6%	8.4%

(1)

For accounting treatment purposes, R&D expenses are presented as research and development expenses in our statements of comprehensive income, net of amortization of capitalized intangible asset development costs.

(2)

Calculated based on the R&D-related expenditures before subtracting government subsidies (state subsidies).

R&D achievements

Achievements in 2023

(1)

Developed the world’s first small- and medium-sized transparent WOLED product (30” HD)

•

Expanded market coverage with the development of a new product size (30”) for transparent small- and medium-sized display

•

Strengthened market leadership through achieving a transparency rate of 45% and increased luminance (600/200 nit)

(2)

Introduced the world’s first foldable pen touch notebook (17”)

•

Developed OLED panel for notebooks utilizing differentiated technologies such as the tandem OLED and a special folding structure

(3)

Developed the world’s first Gaming OLED 240Hz monitor product (39”, 34”)

•

Applied high-speed (240Hz), fast response time (0.03ms), high-luminance (275 nit @APL 100%) and curved (800R) OLED technology

•

Provided ultra-wide (21:9 aspect ratio) full-size OLED Gaming monitor product (initially provided in 45” and expanded further to provide 39” and 34” products)

Achievements in 2024

(1)

Developed the world’s first Gaming DFR product (31.5”)

•

Optimized display through applying DFR (Dynamic Frequency & Resolution) technology, which enables the implementation of high resolution (UHD 240Hz) and high refresh rate (FHD 480 Hz) on a single display panel

•

Maximized sound effects by applying d-TAS (Display Thin Accurator)

(2)

Developed the world’s first Gaming OLED QHD 480Hz monitor product (27”)

•

Provided optimal gaming environment with the development of the world’s first OLED QHD 480Hz high refresh rate monitor product

(3)

Developed our first ATO-based notebook panel (13.4”)

•

Developed Slim & Light product (1.16t / 162g) through the application of advanced thin OLED structure

•

Developed high-efficiency OLED notebook panel product (SDR 400nit / HDR 500nit) utilizing Tandem OLED technology

•

Became our first notebook panel model to apply Touch on Encap technology

(4)

Developed our first Dual Resolution Gaming monitor product (27”)

•

Expanded the gaming monitor market and provided differentiated user experience by implementing the Dual Resolution feature

•

Enabled the use of a single monitor for both fast-paced (FHD 330Hz) games and high-resolution (UHD 165Hz) games

* Dual Resolution : UHD 165Hz ↔ FHD 330Hz

(5)

Developed next-generation Micro LED display product (22.3”)

•

Provided a large-screen and high-resolution, new user experience through Active Matrix Micro LED transfer technology, panel technology, compensation technology and mechanical technology

1) 22.3” Module for 136” 4K business-to-consumer products

2) 22.3” Module for infinitely expandable business-to-business products

(6)

Developed the world’s first ultra-large high resolution transparent OLED display product (77”)

•

Developed new television models and lifestyle solutions with ultra-large, high-resolution displays with 45% transparency

(7)

Developed the world’s first large-sized WOLED product based on 4-Stack technology (83/77/65/55/48” 4K television displays)

•

Strengthened the competitiveness of our WOLED flagship models by applying the 4-Stack technology to large-sized WOLED display panels for the first time in the industry

•

Improved customer value by delivering premium picture quality (luminance, color reproduction, and high-speed) while enhancing cost competitiveness

•

Established a foundation for market expansion by strengthening the potential to expand into the new high-end monitor market

Achievements in 2025

(1)

Developed the world’s first 45WUHD 165Hz Gaming OLED product

•

Optimized display based on intended use through applying DFR (Dynamic Frequency & Resolution) technology, which enables the implementation of high resolution (WUHD 165Hz) and high refresh rate (WFHD 330Hz) on a single display panel

•

Enhanced gaming immersion through the application of an 800R Curved display

(2)

Developed the world’s first medium-sized OLED notebook panel product based on low-temperature polycrystalline oxide (“LTPO”) and Tandem technology (14”)

•

Developed Tandem OLED product with low power consumption and variable refresh rate based on LTPO technology

•

Developed a medium-sized OLED display product with low power consumption to lead the high-end notebook computers market

(3)

Developed our first 8.5th-generation large-sized automotive display panel product using oxide technology (38.9”)

•

Developed P2P (Pillar-to-Pillar, full dashboard) products for automotive applications using new oxide semiconductor technology to ensure high reliability

•

Expanded automotive LCD panel production to the 8.5th-generation line in addition to the existing 6th-generation line

(4)

Introduced the Double Rate Driving (“DRD”) platform for the first time in large-sized OLED television products and developed cost-innovative products (77/65/55/48”)

•

Secured cost competitiveness and established a foundation for a sustainable profitability structure through structural innovation of our V26 products based on the DRD platform, incorporating DRD, New ASIC (application-specific integrated circuit) and New META POL (polarizing panel) technologies

•

Strengthened competitiveness in expanding business applications by concurrently deploying Special Edition models based on the DRD platform

(5)

Developed the world’s first 27” QHD 540Hz (DFR 720Hz) OLED monitor product

•

Achieved the highest level refresh rate (HD 720Hz) and response time (0.02ms, G-to-G) for OLED through the application of DFR technology, delivering smooth motion and an immersive gaming experience

(6)

Developed the world’s first large-sized, high-resolution IPS curved monitor product (51.5”)

•

Maintained our leadership in the high-end product market through the development of the world’s first large-sized IPS curved monitor product

•

Achieved enhanced profitability and differentiation through the development of new components, structural and process changes and the application of cost-efficient materials

(7)

Developed the world’s first 1Hz low-power notebook display product (14”, 16”)

•

Maintained our leadership in the high-end product market through development of the world’s first 1Hz product featuring low power consumption, slim design and three-sided borderless design

–

Enhanced VHR (Variable High Refresh Rate) performance at 1Hz through the application of newly developed materials (liquid crystal and polyimide) and advanced panel design technology, along with flicker reduction circuit algorithms

–

Achieved further power efficiency through low-power circuit algorithms and high-efficiency BLU technology

–

Enhanced slim design competitiveness through the development of new slim circuit components, including PCBs, semiconductor components and CNT (Carbon Nanotube) materials

10.

Intellectual Property

As of March 31, 2026, our cumulative patent portfolio (including patents that have already expired) included 32,014 patents in Korea and 39,318 patents in other countries. In 2026, we registered 369 patents in Korea and 630 patents in other countries.


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11.

Environmental and Safety Matters

In order to minimize the environmental impact of our business activities, we are actively responding to environmental regulations applicable to our products and business sites.

Business environment management

We have installed and operate various types of prevention facilities to minimize the emission of environmental pollutants generated in our production process. With respect to air and water pollutants, we set and manage our internal standard at 70% of the permitted levels under the regulatory emission standards. In addition, in order to establish a resource circulation system, we operate a proprietary system to monitor waste from its generation to treatment, have developed waste treatment technology and identified suitable recycling companies to reduce the amount of waste we generate and maximize recycling.

In addition, as we were designated a target company for the greenhouse gas emission trading system in 2015, we allocate and monitor our greenhouse gas emissions every year. In order to continually promote the reduction of greenhouse gas emissions, we have set a medium- to long-term goal to reduce the emission level by continually investing in facility improvements and monitoring our emission levels.

We are subject to a variety of environmental laws and regulations, and operations at our manufacturing plants are subject to regulation and periodic scheduled and unscheduled on‑site inspections by the Ministry of Environment and local environmental protection authorities. The primary types of environmental laws applicable to us include the following:

(1)

Environmental pollutant emission regulations: Integrated Control of Pollutant-discharging Facilities Act, Clean Air Conservation Act, Water Quality Conservation Act, Wastes Control Act, Environmental Impact Assessment Act, etc.

(2)

Greenhouse gas emission management: Framework Act on Carbon Neutral and Green Growth to Respond to Climate Crisis, Act on the Allocation and Trading of Greenhouse Gas Emission Permits, etc.

(3)

Other workplace environment management: Chemicals Control Act, Chemicals Registration and Evaluation Act, Soil Environment Conservation Act, etc.

Through the implementation of an environmental and energy management system, we are continuously making efforts to minimize environmental impact and reduce energy usage in all aspects of our business process. Accordingly, we have acquired and currently operate the environmental management system ISO14001 and energy management system ISO 50001 certifications for all of our domestic and overseas production sites. In addition, we have established company-wide safety, healthy, energy and environment management policies and manuals, which are regularly updated based on international standards. We also conduct systematic management of our business process in accordance with international standards through annual follow-up and renewal audits.

We have been participating in the Carbon Disclosure Project (“CDP”), a globally recognized authority on environmental disclosure, and named to the Honors Club in the IT category of the Climate Change Korea Awards for ten consecutive years from 2016 to 2025. The ‘Carbon Management Sector Honors’ is awarded to top-performing companies by industry sector based on the results of the CDP Climate Change assessment. We received a Leadership A- rating, which is one of the higher rating categories in the assessment, in key areas including greenhouse gas reduction and management efforts, advancement of climate change response scenarios and expansion of renewable energy utilization. In addition, we achieved a Leadership A rating, which is among the highest rating categories, in the CDP Water Security assessment, in recognition of our systematic management efforts, including the expansion of actual water reuse and the transparent public disclosure of our water resource data management performance.

In addition, in recognition of our efforts to improve recycling rates and reduce waste, we were nominated as a leading company with an excellent performance in resource circulation and received a commendation from the Minister of Environment in 2020. In 2022, we achieved the Gold rating for Zero Waste to Landfill (“ZWTL”) for our Paju and Gumi facilities and the Platinum rating for our Nanjing facility. Through ongoing efforts to improve our recycling rate, our Paju facility achieved a Platinum rating for the first time in June 2024 and our Guangzhou facility achieved a Platinum rating for the first time in December 2024. Subsequently, our Gumi facility achieved a Platinum rating for the first time in July 2025, while our Paju facility maintained its Platinum rating following the reassessment in July 2025. In November 2025, we achieved the Gold rating for our Vietnam facility, completing ZWTL certification for all of our production sites. In 2022, we introduced a resource recirculation recognition program in accordance with the Korean government’s waste management policy and received circular resource certification on eight types of our discarded trays and vinyl. In 2023, we have obtained quality certification for certain of our recycled items recognized as circular resources, and we plan to continue to promote the resource circulation of our products. We will continue our efforts to reinforce our resource circulation program by minimizing waste and maximizing recycling rate.


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We have continued to pursue ESG management activities based on the spirit of “value creation for consumers” and “human-first management,” and we plan to obtain further recognition for our eco-friendly management and share relevant information with the stakeholders.

Product environment management

In order to respond to applicable domestic and overseas environmental regulations, such as the European Union’s Restriction of Hazardous Substances (RoHS) and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) that restrict the use of certain hazardous substances, we operate a hazardous substance management program that implements a four-step procedure (each such step, a “Gate”) that manages various stages of our production cycle, beginning with the registration process of our business partners up to the mass production stage. In addition, in order to preemptively address four types of phthalate substances that became additionally regulated pursuant to the RoHS in 2016 and officially went into effect on July 22, 2019, we replaced the latent risk elements in advance as well as implemented a more stable management process with respect to such substances. In implementing this process, we collaborated with external agencies to ascertain regulatory trends and establish our response strategy, and we formulated and applied effective management measures through the collaborative efforts of our development, procurement, quality assurance and analysis teams.

- Gate 01 (Business Partner Stage): An audit is conducted prior to the registration of a new business partner (including the inspection of the business partner’s hazardous substance response process)

- Gate 02 (Parts Development Stage): An environmental evaluation of each part under development is conducted (consisting of three stages: (1) document review; (2) XRF test and (3) precision analysis)

- Gate 03 (Product Development Stage): An environmental evaluation of the product model and product labeling are conducted (including RoHS verification)

- Gate 04 (Mass Production Stage): Process management through the periodic testing of mass-produced parts for any hazardous substances (including rate-based tests based on risk assessment)

We operate a “Hazardous Substance Management System for Products” that effectively manages hazardous substances by classifying them into four levels: A-I, A-II, B-I, and B-II. In particular, in addition to substances prohibited by global hazardous substance regulations on products, we have designated substances causing harm to the human body and the environment as Level B substances. By developing alternative technologies and parts and applying them to our products, we continually strive to achieve a gradual reduction and elimination of non-prohibited hazardous substances.

- Level A-I (Prohibited Substances): Prohibited substances designated under the RoHS regulations (i.e., 10 regulated substances) and those designated by specific customers

- Level A-II (Prohibited Substances): Substances prohibited by regulations and conventions other than those covered under Level A-1 and those designated as such by customers

- Level B-I (Substances Subject to Voluntary Reduction): Substances that are being voluntarily replaced over a certain period of time

- Level B-II (Substances Under Observation): Substances that are not currently banned, but are expected to become prohibited in the future

Moreover, we participated in reforming IEC 62321, an international testing standard published by the International Electrotechnical Commission and used by RoHS, and the commission adopted our halogen‑free combustion ion chromatography method as IEC 62321‑3‑2, which was published in June 2013.

In 2017, we became the first display panel company to receive the SGS Eco Label accreditation for OLED television display modules from SGS, a global product testing/accreditation agency, and have since continually received such accreditation. In 2024, such accreditation has been updated to “SGS EEPS accreditation.” In 2022, we expanded our accreditation program to cover display modules for monitors, notebook computers, tablets and automobiles, as a result of which our display modules for monitors and notebook computers received SGS Eco Label accreditation for the first time and our automotive display module became the first in the industry to receive the same accreditation for its excellence in energy efficiency, and we have since maintained the SGS Eco Label for such products. In 2023, our high-end LCD panels for 16-inch notebooks and 27-inch monitors, in which we incorporated recycled materials for the first time, received the SGS Eco Label accreditation. In addition, our 30-inch and 55-inch transparent display products, for which we applied hazardous substance reduction technology, became the first in the industry to receive the SGS Eco Label accreditation.

Moreover, in 2022, our 27-inch monitor display product that applied anti-bacterial films received the SGS Performance Mark accreditation for its anti-bacterial performance, and in 2023, our commercial display module that applied Plus-Bright energy


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consumption reduction technology obtained the SGS Performance Mark accreditation for its energy efficiency performance. Our high-end LCD panels for 16-inch notebooks and 27-inch monitors also received the same accreditation for reducing energy consumption through the implementation of proprietary algorithms and improving panel transmittance. In 2025, we enhanced and replaced PFAS-containing components in our 14-inch LCD panels for notebook computers, and as a result, obtained the SGS ECCS Mark – PFAS Screened accreditation.

Also in 2022, upon assessment and verification of GHG emissions throughout its entire product life cycle, our OLED television panel received the industry’s first Carbon Footprint Certification from The Carbon Trust, a not-for-profit company founded by the United Kingdom government that provides voluntary carbon certification services and carbon labeling schemes. In 2023, our high-end IT LCD panels (27-inch and smaller) received the Product Carbon Footprint (PCF) certification from TÜV Rheinland, a global independent testing, inspection and certification agency, by achieving carbon emission reduction through the application of recycled materials and low energy consumption technologies. Our OLED panels for automotive products also received the same certification for achieving carbon emission reduction through the application of light-control film integration technology. In 2024, our 14-inch high-end LCD panel product for notebook computers received the Product Carbon Footprint Reduction (PCR) certification from TÜV Rheinland through the application of bio-plastic, recycled materials and ultra-precision micro-processing technology. Additionally, upon verification by Underwriters Laboratories (UL), a global inspection and certification agency, such display panel also received the Environmental Claim Validation (ECV) certification. In 2025, we obtained the “Product Carbon Footprint Methodology” certification from TÜV Rheinland reflecting our establishment of a system to calculate carbon emissions generated throughout the entire product life cycle based on international standards and our proprietary evaluation methodology optimized for display panels, as well as an IT system for evaluating product carbon footprints.

In 2021, we received the “Green Technology Certification” for our advanced incell touch display technology, an eco-friendly technology with touch-sensing electrodes and transmission lines that reduce carbon emissions and the use of rare metals. Also, since 2021, we have continued to obtain an eco-friendly certification from TUV SUD, a globally recognized accreditation agency based in Germany, for excellence in resource circulation and compliance with Waste Electrical and Electronic Equipment (WEEE) regulations and the non-use of specific hazardous substances in our OLED television display panels, plastic OLED mobile and smartwatch display products, OLED tablet display panels and TFT-LCD panels for IT products.

In 2018, we became the first display panel company to receive the “Green Technology Certification” from the Korean Ministry of Science and ICT for improving the light efficiency technology of OLED to promote energy use reduction. In 2017, for the IPS Nano Color for LCD, we received the Quality & Performance Mark from Intertek, a global product testing/accreditation agency, by applying a technology to eliminate cadmium (Cd) and indium phosphide (InP).

Safety standards

Our products comply with the IEC 62638-1 global product safety standards, and we obtain CB and UL certifications on applicable products.

In order to promote the enhancement of safety for automobile manufacturers and consumers, we became the first display panel company in June 2016 to introduce a flame-resistant certification program for our display panels, which program includes flame resistance standards for automotive materials (including ISO 3795, DIN 75200 and FMVSS 302 standards) as well as for safety standards for information technology devices, which has been certified by TUV SUD. In 2025, we expanded the number of applicable flame resistance standards for such program from 9 to 14.

Furthermore, in 2021, we established infrastructure for flammability tests required under the United States Federal Aviation Administration’s FAR 25.853 standards and impact tests under RTCA DO-313 standards, and the reliability of these test results have been certified by TUV SUD.

Green management

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.

Status of sanctions

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.


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12.

Financial Information

Financial highlights (Based on consolidated K‑IFRS).

(Unit: In millions of Won)


Description	As of March 31, 2026	As of December 31, 2025	As of December 31, 2024
Current assets	7,145,455	6,982,077	10,123,037
Quick assets	4,358,544	4,436,411	7,451,795
Inventories	2,786,911	2,545,666	2,671,242
Non‑current assets	20,150,201	19,934,623	22,736,529
Investments in equity accounted investees	33,770	36,506	33,177
Property, plant and equipment, net	14,288,983	14,470,776	17,202,873
Intangible assets	1,847,286	1,478,035	1,558,407
Other non‑current assets	3,980,162	3,949,306	3,942,072
Total assets	27,295,656	26,916,700	32,859,566
Current liabilities	9,715,198	9,596,471	15,859,084
Non‑current liabilities	9,807,325	9,480,991	8,927,675
Total liabilities	19,522,523	19,077,462	24,786,759
Share capital	2,500,000	2,500,000	2,500,000
Share premium	2,740,811	2,740,811	2,773,587
Retained earnings	(292,676)	281,912	(18,512)
Other equity	1,511,238	1,081,401	995,823
Accumulated other comprehensive income held for sale	─	─	291,363
Non‑controlling interest	1,313,760	1,235,114	1,530,546
Total equity	7,773,133	7,839,238	8,072,807

(Unit: In millions of Won, except for per share data and number of consolidated entities)


Description	For the three months ended March 31, 2026	For the year ended December 31, 2025	For the year ended December 31, 2024
Revenue	5,534,002	25,810,082	26,615,347
Operating profit (loss)	146,719	516,977	(560,596)
Profit (loss) from continuing operations	(575,714)	303,807	(2,409,300)
Profit (loss) for the period	(575,714)	303,807	(2,409,300)
Profit (loss) attributable to:
Owners of the company	(570,691)	226,312	(2,562,606)
Non‑controlling interest	(5,023)	77,495	153,306
Basic earnings (loss) per share	(1,141)	453	(5,438)
Diluted earnings (loss) per share	(1,141)	453	(5,438)
Number of consolidated entities(1)(2)	20	20	22

(1)

The number of consolidated entities is based on the consolidated entities (including the parent company) as of the end of the reporting period.

(2)

The disposal of our equity interests in LG Display (China) Co., Ltd. and LG Display Guangzhou Co., Ltd. was completed on April 1, 2025, and these entities were excluded from the scope of our consolidated subsidiaries as of such date

Financial highlights (Based on separate K‑IFRS).

(Unit: In millions of Won)


Description	As of March 31, 2026	As of December 31, 2025	As of December 31, 2024
Current assets	5,400,874	5,517,131	8,647,395
Quick assets	3,429,440	3,723,621	6,860,717
Inventories	1,971,434	1,793,510	1,786,678


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Non‑current assets	19,289,785	19,293,991	21,151,656
Investments	3,810,413	3,810,085	3,939,474
Property, plant and equipment, net	9,984,431	10,298,784	11,913,336
Intangible assets	1,721,480	1,427,602	1,485,789
Other non‑current assets	3,773,461	3,757,520	3,813,057
Total assets	24,690,659	24,811,122	29,799,051
Current liabilities	15,678,812	15,506,468	20,865,495
Non‑current liabilities	5,889,553	5,532,949	5,137,758
Total liabilities	21,568,365	21,039,417	26,003,253
Share capital	2,500,000	2,500,000	2,500,000
Share premium	2,821,006	2,821,006	2,821,006
Retained earnings	(2,198,712)	(1,549,301)	(1,525,208)
Other equity	0	0	0
Total equity	3,122,294	3,771,705	3,795,798

(Unit: In millions of Won, except for per share data)


Description	For the three months ended March 31, 2026	For the year ended December 31, 2025	For the year ended December 31, 2024
Revenue	5,228,527	24,115,926	25,178,688
Operating profit (loss)	(101,052)	(624,135)	(1,800,625)
Profit (loss) from continuing operations	(645,514)	(98,205)	(3,034,736)
Profit (loss) for the period	(645,514)	(98,205)	(3,034,736)
Basic earnings (loss) per share	(1,291)	(196)	(6,440)
Diluted earnings (loss) per share	(1,291)	(196)	(6,440)

Consolidated subsidiaries (as of March 31, 2026)


Company Interest	Primary Business	Location	Equity
LG Display America, Inc.	Sales	U.S.A.	100%
LG Display Germany GmbH	Sales	Germany	100%
LG Display Japan Co., Ltd.	Sales	Japan	100%
LG Display Taiwan Co., Ltd.	Sales	Taiwan	100%
LG Display Nanjing Co., Ltd.	Manufacturing	China	100%
LG Display Shanghai Co., Ltd.	Sales	China	100%
LG Display Shenzhen Co., Ltd.	Sales	China	100%
LG Display Singapore Pte. Ltd.	Sales	Singapore	100%
L&T Display Technology (Fujian) Limited	Manufacturing and sales	China	51%
LG Display Yantai Co., Ltd.	Manufacturing	China	100%
Nanumnuri Co., Ltd.	Managing welfare facilities	Korea	100%
Unified Innovative Technology, LLC	Managing intellectual property	U.S.A.	100%
LG Display Guangzhou Trading Co., Ltd.	Sales	China	100%
Global OLED Technology LLC	Managing intellectual property	U.S.A.	100%
LG Display Vietnam Haiphong Co., Ltd.	Manufacturing and sales	Vietnam	100%
Suzhou Lehui Display Co., Ltd.	Manufacturing and sales	China	100%
LG Display Fund I LLC(1)	Investing in new emerging companies	U.S.A	100%
LG Display High-Tech (China) Co., Ltd.	Manufacturing and sales	China	70%

(1) During the three months ended March 31, 2026, we invested an additional W328 million into LG Display Fund I LLC. There was no change in our ownership interest in this subsidiary in connection with the additional investment.

Status of equity investments in associates (as of March 31, 2026)


Company	Carrying Amount (in millions)	Equity Interest
Paju Electric Glass Co., Ltd.	W 28,661	40%
Arctic Sentinel, Inc.	-	10%
Cynora GmbH	-	10%
Material Science Co., Ltd.	W 5,109	9%


	22

Although our respective share interests in Arctic Sentinel, Inc., Cynora GmbH and Material Science Co., Ltd. are below 20%, we are able to exercise significant influence through our right to appoint a director to the board of directors of each investee. Accordingly, the investments in these investees have been accounted for using the equity method.

For the three months ended March 31, 2026 and 2025, the aggregate amount of dividends we received from our affiliated companies was W3,415 million and W1,664 million, respectively.


	23

13.

Audit Information

Audit service

(Unit: In millions of Won, hours)


Description	2026 Q1	2025	2024
Auditor	Samil PwC	Samil PwC	Samil PwC
Activity	Audit by independent auditor	Audit by independent auditor	Audit by independent auditor
Compensation(1)	1,689 (861)(2)	1,898 (602)(2)	1,800 (650)(2)
Time required(3)	1,352	18,935	23,088

(1)

Compensation amount is the contracted amount for the full fiscal year.

(2)

Compensation amount in ( ) is for Form 20‑F filing and SOX 404 audit.

(3)

Figures are based on actual performance as of the date of this report.

Non‑audit service


Period	Date of contract	Description of service	Period of service	Compensation
2026 Q1	—	—	—	—
2025	June 2025	Tax advice	June 2025 ~ December 2025	W50 million
2025	September 2025	Tax advice	October 2025 ~ March 2026	W40 million
2024	February 2024	Tax advice	March 2024 ~ December 2024	W50 million
2024	September 2024	Tax advice	September 2024 ~ March 2025	W40 million

* Based on direct contracts on a separate basis.

Non‑audit service by an affiliate of independent auditor


Period	Name of affiliate	Date of contract	Description of service	Period of service	Compensation
2026 Q1	Samil PwC Solution	January 2026	Tax advice	January 2026 ~ December 2026	W1.6 million
2025	Samil PwC Solution	January 2025	Tax advice	January 2025 ~ December 2025	W1.6 million
2024		—	—	—	—

14.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

This information is omitted in quarterly and semi-annual reports in accordance with Korean disclosure rules, and we plan to include such information in our annual report.

15.

Board of Directors

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.


	24

16.

Information Regarding Shares

Total number of shares

(1)

Total number of shares authorized to be issued (as of March 31, 2026): 1,000,000,000 shares.

(2)

Total shares issued and outstanding (as of March 31, 2026): 500,000,000 shares.

Shareholder list

(1)

Largest shareholder and related parties as of March 31, 2026:


Name	Relationship	Number of shares of common stock(1)	Equity interest
LG Electronics	Largest shareholder	183,593,206	36.72%
Cheoldong Jeong	Executive of an affiliated company(2)	59,560(3)	0.01%

(1)

The number of shares of common stock reflects the shareholding status of our shareholders as of the date of this report.

(2)

The information on executive officers of our affiliated companies is based on the status of our registered executive officers.

(3)

Cheoldong Jeong, our Representative Director, acquired our shares through withdrawal from the Employee Stock Ownership Association.

(2)

Shares held by shareholders who are known to us that own 5% or more of our shares or our Employee Stock Ownership Association as of March 31, 2026:


Beneficial owner	Number of shares of common stock(1)	Equity interest
LG Electronics	183,593,206	36.72%
BlackRock Fund Advisors(2)	25,178,978	5.04%
Employee Stock Ownership Association	6,166,239	1.23%

(1)

The number of shares of common stock is based on the most recent shareholder register as of March 31, 2026, and may differ from the actual shareholding status.

(2)

The number of shares of common stock and equity interest of BlackRock Fund Advisors are based on information as of March 23, 2026, which shareholding status is based on the ‘Report on Significant Holdings of Stocks, etc.’ disclosed on March 30, 2026. Accordingly, its actual shareholding status may differ from the information presented herein.

17.

Directors and Employees

Directors

(1)

List of members of board of directors


Name	Position	Shares of the Company held	First appointed	Term expires
Cheoldong Jeong	Representative Director (non‑outside), Chief Executive Officer, President, Chairperson of Management Committee and Member of ESG Committee	—	December 1, 2023	March 22, 2027
Sung Hyun Kim	Director (non‑outside), Chief Financial Officer, Vice President and Member of Management Committee and Related Party Transaction Committee	—	December 1, 2018	March 20, 2028
Sangwoo Lee	Non-standing Director and Member of Outside Director Nomination Committee	—	March 20, 2025	March 20, 2028
Doocheol Moon	Outside Director and Chairperson of Audit Committee and ESG Committee	—	March 23, 2021	March 22, 2027
Chung Hae Kang	Outside Director, Chairperson of Related Party Transaction Committee and Member of Audit Committee and ESG Committee	—	March 23, 2022	March 20, 2028
Jungsuk Oh	Outside Director, Chairperson of the Board of Directors and Member of Audit Committee, Outside Director Nomination Committee, Related Party Transaction Committee and ESG Committee	—	April 26, 2022	March 18, 2028


	25


Sang Hee Park		Outside Director, Chairperson of Outside Director Nomination Committee and Member of Audit Committee		—		March 21, 2023		March 18, 2029

(2)

Compensation of directors

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.

Employees

This information is omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.

18.

Other Matters

Legal proceedings

We are a defendant in two separate civil lawsuits (comprising one damages claim in the United Kingdom filed by private plaintiffs and one damages claim in Israel filed by private plaintiffs) filed against us and certain other TFT-LCD panel manufacturers in connection with alleged anticompetitive behavior of the defendants. In each of these cases, the amount being sought has not been determined. The appellate court in the United Kingdom has rendered its judgment, which was partially in favor of the plaintiffs. Ancillary proceedings relating to litigation costs are ongoing, and a further appeal by the plaintiffs is pending. No trial has been scheduled for the case in Israel. While the expected outcome of each of these cases is unclear, we do not believe that any of these cases would have a material effect on our financial conditions.

In addition to the above litigation, we are responding to various other lawsuits and disputes. We are unable to reliably estimate the timing and amount of any outflow of resources embodying economic benefits in relation to such matters.

Status of collateral pledged to related party

As of the end of the reporting period, we have not provided any collateral in connection with borrowings or debt guarantees arising from transactions with our major shareholders.

Material events subsequent to the reporting period

On April 22, 2026, we announced new investments aimed at enhancing technological competitiveness and strengthening basis for growth through the advancement of OLED technologies. The planned investment amount is W1.1 trillion and the investment period is scheduled to be completed by June 30, 2028. For more details, please refer to the Form 6-K furnished to the SEC on April 22, 2026.

Other information in this section has been omitted in quarterly reports in accordance with Korean disclosure rules, and we plan to include such information in our semi-annual and annual reports.


	26

LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES

Condensed Consolidated Interim Financial Statements

(Unaudited)

March 31, 2026 and 2025

(With Report on Review of Condensed Consolidated Interim Financial Statements)

Contents


		Page

Report on Review of Condensed Consolidated Interim Financial Statements		1

Consolidated Interim Statements of Financial Position		3

Consolidated Interim Statements of Comprehensive Income (Loss)		4

Consolidated Interim Statements of Changes in Equity		5

Consolidated Interim Statements of Cash Flows		6

Notes to the Condensed Consolidated Interim Financial Statements		7

Report on Review of Condensed Consolidated Interim Financial Statements

(English Translation of a Report Originally Issued in Korean)

To the Shareholders and Board of Directors of

LG Display Co., Ltd.

Reviewed Financial Statements

We have reviewed the accompanying condensed consolidated interim financial statements of LG Display Co., Ltd. and its subsidiaries (collectively referred to as the “Group”). These condensed consolidated interim financial statements consist of the consolidated interim statement of financial position of the Group as at March 31, 2026, and the related consolidated interim statements of comprehensive income, changes in equity and cash flows for the three-month periods ended March 31, 2026 and 2025, and material accounting policy information and other selected explanatory notes, expressed in Korean won.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and presentation of these condensed consolidated interim financial statements in accordance with International Financial Reporting Standards as adopted by the Republic of Korea (Korean IFRS) 1034 Interim Financial Reporting, and for such internal control as management determines is necessary to enable the preparation of condensed consolidated interim financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express a conclusion on these condensed consolidated interim financial statements based on our review.

We conducted our review in accordance with quarterly or semi-annual review standards established by the Securities and Futures Commission of the Republic of Korea. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Korean Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe the accompanying condensed consolidated interim financial statements are not prepared, in all material respects, in accordance with Korean IFRS 1034 Interim Financial Reporting.

Other Matters

We have audited the consolidated statement of financial position of the Group as at December 31, 2025, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the year then ended, not presented herein, in accordance with Korean Standards on Auditing. We expressed an unqualified opinion on those consolidated financial statements in our audit report dated February 27, 2026. The consolidated statement of financial position as at December 31, 2025, presented herein for comparative purposes, is consistent, in all material respects, with the above audited consolidated statement of financial position as at December 31, 2025.

Review standards and their application in practice vary among countries. The procedures and practices used in the Republic of Korea to review such financial statements may differ from those generally accepted and applied in other countries.

May 13, 2026

Seoul, Korea

      This report is effective as of May 13, 2026, the review report date. Certain subsequent events or circumstances, which may occur between the review report date and the time of reading this report, could have a material impact on the accompanying condensed consolidated interim financial statements and notes thereto. Accordingly, the readers of the review report should understand that there is a possibility that the above review report may have to be revised to reflect the impact of such subsequent events or circumstances, if any.

     


LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES
Consolidated Interim Statements of Financial Position
As of March 31, 2026 and December 31, 2025

(In millions of won)	Note		March 31, 2026 (Unaudited)	December 31, 2025
	Note		March 31, 2026 (Unaudited)	December 31, 2025
Assets
Cash and cash equivalents	4, 24	W	1,523,637	1,572,058
Deposits in banks	4, 24		1,200	600
Trade accounts and notes receivable, net	5, 15, 24, 26		2,181,682	2,359,184
Other accounts receivable, net	5, 24		192,727	180,413
Other current financial assets	6, 24		144,275	89,525
Inventories, net	7		2,786,911	2,545,666
Prepaid income tax			39,511	38,558
Assets held for sale	27		12,136	-
Other current assets			263,376	196,073
Total current assets			7,145,455	6,982,077
Deposits in banks	4, 24		11	11
Investments in equity accounted investees	8		33,770	36,506
Other non-current financial assets	6, 24		284,298	202,051
Property, plant and equipment, net	9, 18		14,288,983	14,470,776
Intangible assets, net	10, 18		1,847,286	1,478,035
Investment property	11, 18		17,860	18,031
Deferred tax assets, net			3,476,766	3,510,156
Defined benefit assets, net	13		169,956	198,535
Other non-current assets			31,271	20,522
Total non-current assets			20,150,201	19,934,623
Total assets		W	27,295,656	26,916,700
Liabilities
Trade accounts and notes payable	24, 26	W	2,737,617	3,307,687
Current financial liabilities	12, 24, 25, 26		4,877,193	3,798,394
Other accounts payable	24		1,251,846	1,461,014
Accrued expenses			550,572	782,552
Income tax payable, net			31,471	39,219
Provisions	14		82,379	86,290
Advances received			79,203	35,981
Liabilities held for sale	27		21,453	-
Other current liabilities			83,464	85,334
Total current liabilities			9,715,198	9,596,471
Non-current financial liabilities	12, 24, 25		8,934,562	8,934,975
Non-current provisions	14		46,860	55,345
Defined benefit liabilities, net	13		1,188	1,109
Other non-current liabilities	24, 26		824,715	489,562
Total non-current liabilities			9,807,325	9,480,991
Total liabilities		W	19,522,523	19,077,462
Equity
Share capital	16	W	2,500,000	2,500,000
Capital surplus	16		2,740,811	2,740,811
Retained earnings(Accumulated deficit)			(292,676)	281,912
Reserves	16		1,511,238	1,081,401
Equity attributable to owners of the Parent Company			6,459,373	6,604,124
Non-controlling interests			1,313,760	1,235,114
Total equity			7,773,133	7,839,238
Total liabilities and equity		W	27,295,656	26,916,700


See accompanying notes to the condensed consolidated interim financial statements.


LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES
Consolidated Interim Statements of Comprehensive Income (Loss)
For the three-month periods ended March 31, 2026 and 2025

(In millions of won, except loss per share amounts)
	Note		2026 (Unaudited)	2025 (Unaudited)
Revenue	17, 18, 26	W	5,534,002	6,065,298
Cost of sales	7, 19, 26		(4,768,515)	(5,322,494)
Gross profit			765,487	742,804
Selling expenses	19, 20		(97,775)	(117,323)
Administrative expenses	19, 20		(188,732)	(240,956)
Research and development expenses	19		(332,261)	(351,061)
Operating income			146,719	33,464
Finance income	22		270,902	180,313
Finance costs	22		(529,626)	(336,967)
Other non-operating income	21		426,573	317,304
Other non-operating expenses	21		(838,313)	(342,742)
Equity in income of equity accounted investees, net			1,534	133
Loss before income tax			(522,211)	(148,495)
Income tax expense			(53,503)	(88,537)
Loss for the period			(575,714)	(237,032)
Other comprehensive income (loss)
Items that will not be reclassified to profit or loss
Remeasurements of net defined benefit liabilities			(3,897)	126
			(3,897)	126
Items that are or may be reclassified to profit or loss
Foreign currency translation differences for foreign operations	16		514,363	(3,661)
Other comprehensive income (loss) from associates	8, 16		(857)	1,807
			513,506	(1,854)
Other comprehensive income (loss) for the period, net of income tax			509,609	(1,728)
Total comprehensive loss for the period		W	(66,105)	(238,760)
Loss attributable to:
Owners of the Parent Company			(570,691)	(262,725)
Non-controlling interests			(5,023)	25,693
Loss for the period		W	(575,714)	(237,032)
Total comprehensive income (loss) attributable to:
Owners of the Parent Company			(144,751)	(267,903)
Non-controlling interests			78,646	29,143
Total comprehensive loss for the period		W	(66,105)	(238,760)
Loss per share (in won)
Basic loss per share	23	W	(1,141)	(525)
Diluted loss per share	23	W	(1,141)	(525)


See accompanying notes to the condensed consolidated interim financial statements.


LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES
Consolidated Interim Statements of Changes in Equity
For the three-month periods ended March 31, 2026 and 2025
				Attributable to owners of the Parent Company
		Share capital	Capital surplus		Retained earnings (Accumulated deficit)	Reserves	Other comprehensive income classified as held for sale		Non-controlling interests	Total equity
(In millions of won)		Share capital	Capital surplus		Retained earnings (Accumulated deficit)	Reserves	Other comprehensive income classified as held for sale		Non-controlling interests	Total equity	Sub-total
Balances at January 1, 2025	W	2,500,000	2,773,587		(18,512)	995,823	291,363	6,542,261	1,530,546	8,072,807
Total comprehensive income (loss) for the period
Profit (loss) for the period		-	-		(262,725)	-	-	(262,725)	25,693	(237,032)
Other comprehensive income (loss)
Remeasurements of net defined benefit liabilities		-	-		126	-	-	126	-	126
Foreign currency translation differences for foreign operations		-	-		-	29,484	(36,595)	(7,111)	3,450	(3,661)
Other comprehensive income from associates		-	-		-	1,807	-	1,807	-	1,807
Total other comprehensive income (loss)		-	-		126	31,291	(36,595)	(5,178)	3,450	(1,728)
Total comprehensive income (loss) for the period	W	-	-		(262,599)	31,291	(36,595)	(267,903)	29,143	(238,760)
Balances at March 31, 2025 (Unaudited)	W	2,500,000	2,773,587		(281,111)	1,027,114	254,768	6,274,358	1,559,689	7,834,047
Balances at January 1, 2026	W	2,500,000	2,740,811		281,912	1,081,401	-	6,604,124	1,235,114	7,839,238
Total comprehensive income (loss) for the period
Loss for the period		-	-		(570,691)	-	-	(570,691)	(5,023)	(575,714)
Other comprehensive income (loss)
Remeasurements of net defined benefit liabilities		-	-		(3,897)	-	-	(3,897)	-	(3,897)
Foreign currency translation differences for foreign operations		-	-		-	430,694	-	430,694	83,669	514,363
Other comprehensive income from associates		-	-		-	(857)	-	(857)	-	(857)
Total other comprehensive income (loss)		-	-		(3,897)	429,837	-	425,940	83,669	509,609
Total comprehensive income (loss) for the period	W	-	-		(574,588)	429,837	-	(144,751)	78,646	(66,105)
Balances at March 31, 2026 (Unaudited)	W	2,500,000	2,740,811		(292,676)	1,511,238	-	6,459,373	1,313,760	7,773,133


See accompanying notes to the condensed consolidated Interim financial statements.


LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES
Consolidated Interim Statements of Cash Flows
For the three-month periods ended March 31, 2026 and 2025

(In millions of won)
	Note		2026 (Unaudited)	2025 (Unaudited)

Cash flows from (used in) operating activities:
Cash generated from operations	25	W	36,993	858,932
Income taxes paid			(19,045)	(74,315)
Interest received			7,438	23,372
Interest paid			(147,883)	(203,437)
Cash flows from (used in) operating activities			(122,497)	604,552
Cash flows from (used in) investing activities:
Dividends received			3,415	1,664
Increase in deposits in banks			(900)	(900)
Proceeds from withdrawal of deposits in banks			300	600
Acquisition of financial assets at fair value through profit or loss			(1,851)	(727)
Proceeds from disposal of financial assets at fair value through profit or loss			5,553	34
Receipt of advances related to assets held for sale			10,749	-
Acquisition of property, plant and equipment			(443,903)	(368,439)
Proceeds from disposal of property, plant and equipment			4,525	65,400
Acquisition of intangible assets			(163,584)	(190,231)
Government grants received			85	1,008
Proceeds from settlement of derivatives			37,172	65,509
Decrease in short-term loans			4,345	5,929
Increase in deposits			(1,094)	(2,045)
Decrease in deposits			3,576	2,572
Cash flows used in investing activities			(541,612)	(419,626)
Cash flows from (used in) financing activities:	25
Proceeds from short-term borrowings			1,999,842	1,367,077
Repayments of short-term borrowings			(1,044,141)	(1,033,848)
Repayments of current portion of bonds			(45,000)	(612,000)
Proceeds from long-term borrowings			815,000	1,162,817
Repayments of current portion of long-term borrowings			(1,170,103)	(859,896)
Payments of lease liabilities			(11,538)	(16,081)
Dividends to non-controlling shareholders in subsidiaries			-	(6,390)
Cash flows from financing activities			544,060	1,679
Net increase (decrease) in cash and cash equivalents			(120,049)	186,605
Cash and cash equivalents at January 1			1,572,058	2,021,640
Effect of exchange rate fluctuations on cash held			71,628	5,211
Changes in cash and cash equivalents included in assets held for sale			-	(1,232,080)
Cash and cash equivalents at March 31		W	1,523,637	981,376


See accompanying notes to the condensed consolidated interim financial statements.

LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES

Notes to the Condensed Consolidated Interim Financial Statements

March 31, 2026 and 2025 (Unaudited)

1. Reporting Entity

(a) Description of the Parent Company

LG Display Co., Ltd. (the "Parent Company") was incorporated in February 1985 and the Parent Company has been a public corporation listed on the Korea Exchange since 2004. The main business of the Parent Company and its subsidiaries (the “Group”) is to manufacture and sell displays and its related products. As of March 31, 2026, the Group operates Thin Film Transistor Liquid Crystal Display (“TFT-LCD”) and Organic Light Emitting Diode (“OLED”) panel manufacturing plants in Gumi, Paju and China and TFT-LCD and OLED module manufacturing plants in Gumi, Paju, China and Vietnam. The Parent Company is domiciled in the Republic of Korea with its address at 128 Yeoui-daero, Yeongdeungpo-gu, Seoul. As of March 31, 2026, LG Electronics Inc., a major shareholder of the Parent Company, owns 36.72% (183,593,206 shares) of the Parent Company’s common stock.

As of March 31, 2026, 500,000,000 shares of the Parent Company's common stock is listed on Korea Exchange under the identifying code 034220, and 40,481,566 American Depository Shares ("ADSs", 2 ADSs represent one share of common stock) is listed on the New York Stock Exchange under the symbol "LPL".

LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES

Notes to the Condensed Consolidated Interim Financial Statements

March 31, 2026 and 2025 (Unaudited)

1. Reporting Entity, Continued

(b) Consolidated Subsidiaries as of March 31, 2026


Subsidiaries	Location	Percentage of ownership(%)	Closing month	Date of incorporation	Business
LG Display America, Inc.	San Jose, U.S.A.	100	December	September 24, 1999	Sales of display products
LG Display Germany GmbH	Eschborn, Germany	100	December	October 15, 1999	Sales of display products
LG Display Japan Co., Ltd.	Tokyo, Japan	100	December	October 12, 1999	Sales of display products
LG Display Taiwan Co., Ltd.	Taipei, Taiwan	100	December	April 12, 1999	Sales of display products
LG Display Nanjing Co., Ltd.	Nanjing, China	100	December	July 15, 2002	Production of display products
LG Display Shanghai Co., Ltd.	Shanghai, China	100	December	January 16, 2003	Sales of display products
LG Display Shenzhen Co., Ltd.	Shenzhen, China	100	December	July 27, 2007	Sales of display products
LG Display Singapore Pte. Ltd.	Singapore	100	December	November 4, 2008	Sales of display products
L&T Display Technology (Fujian) Limited	Fujian, China	51	December	December 7, 2009	Production and sales of LCD module and LCD monitor sets
LG Display Yantai Co., Ltd.	Yantai, China	100	December	March 17, 2010	Production of display products
Nanumnuri Co., Ltd.	Gumi, South Korea	100	December	March 21, 2012	Operation of welfare facilities
Unified Innovative Technology, LLC	Wilmington, U.S.A.	100	December	March 12, 2014	Intellectual property management
LG Display Guangzhou Trading Co., Ltd.	Guangzhou, China	100	December	April 28, 2015	Sales of display products
Global OLED Technology, LLC	Sterling, U.S.A.	100	December	December 18, 2009	OLED intellectual property management
LG Display Vietnam Haiphong Co., Ltd.	Haiphong, Vietnam	100	December	May 5, 2016	Production and sales of display products
Suzhou Lehui Display Co., Ltd.	Suzhou, China	100	December	July 1, 2016	Production and sales of LCD module and LCD monitor sets
LG DISPLAY FUND I LLC (*)	Wilmington, U.S.A.	100	December	May 1, 2018	Investment in venture business and technologies
LG Display High-Tech (China) Co., Ltd.	Guangzhou, China	70	December	July 11, 2018	Production and sales of display products

(*) For the three-month period ended March 31, 2026, the Parent Company contributed W328 million in cash for the capital increase of LG DISPLAY FUND I LLC. There was no change in the Parent Company’s percentage of ownership in LG DISPLAY FUND I LLC as a result of this additional investment.

LG DISPLAY CO., LTD. AND ITS SUBSIDIARIES

Notes to the Condensed Consolidated Interim Financial Statements

March 31, 2026 and 2025 (Unaudited)

1. Reporting Entity, Continued

For the year ended December 31, 2024, management of the Group decided to sell 80% of its stake in LG Display (China) Co., Ltd. and 100% of its stake in LG Display Guangzhou Co., Ltd. to TCL CSOT. The contract was signed on September 26, 2024, and the transaction was completed on April 1, 2025.


Subsidiaries	Location	Percentage of ownership(%)	Reason
LG Display Guangzhou Co., Ltd.	Guangzhou, China	100	Disposal
LG Display (China) Co., Ltd.	Guangzhou, China	80	Disposal

2. Basis of Preparation

(a) Application of accounting standards

The Group's condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standard as adopted by the Republic of Korea (Korean IFRS) 1034 Interim Financial Reporting. These condensed consolidated interim financial statements do not include all of the information required for full annual consolidated financial statements and should be read in conjunction with the consolidated financial statements of the Group as of and for the year ended December 31, 2025.

(b) Basis of Measurement

The condensed consolidated interim financial statements have been prepared on the historical cost basis except for the following material items in the consolidated statement of financial position:

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derivative financial instruments at fair value, financial assets at fair value through profit or loss (“FVTPL”), financial assets at fair value through other comprehensive income (“FVOCI”), financial liabilities at fair value through profit or loss (“FVTPL”), and

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net defined benefit liabilities (defined benefit assets) recognized at the present value of defined benefit obligations less the fair value of plan assets

Items included in the financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which each entity operates (the “functional currency"). The consolidated financial statements are presented in Korean won, which is the Parent Company’s functional and presentation currency.

(d) Estimates and Judgments

The preparation of the condensed consolidated interim financial statements in conformity with Korean IFRS requires management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. The actual results may differ from the estimates at the end of the interim reporting period which are based on management’s best estimate, as the underlying assumptions may vary from actual outcomes.

LG Display Co., Ltd. 6-K