LG Display

034220 · KOSPI · Information Technology · LARGE CAP

[Amended] Business transfer (sale) decision (subsidiary)

LG Display's subsidiary LG Display Nanjing Co., Ltd. amends its February 9, 2026 disclosure on selling its Auto Display LCD module business to Top Run Total Solution (Nanjing) Co., Ltd. to extend the expected transfer date from July 30, 2026 to September 30, 2026; the US$71.6M transfer price (CNY 491,500,000) is unchanged.

M&A([Amended] Business transfer (sale) decision (subsidiary))· FILED 2026-07-28· RCEPT 20260728800634

A later amendment corrects this filing, so the terms on this page may be out of date. See the latest version (2026-09-23) →

What happened

LG Display / Business transfer decision (subsidiary) / (2026.07.28) Business transfer decision (subsidiary)

Amendment Report (Filing), Amendment date: 2026-07-28 1. Disclosure document related to the amendment: Business transfer decision (subsidiary) 2. Filing date of the disclosure document related to the amendment: 2026-02-09 3. Reason for amendment: Extension of the expected transfer date 4. Amended items

Item: 5. Expected transfer date Before amendment: 2026-07-30 After amendment: 2026-09-30

Item: 13. Important matters relating to investment decisions Before amendment: The expected transfer date in Item 5 above is the date agreed upon between the two companies, and will be disclosed through an amendment report if changed. After amendment: The expected transfer date in Item 5 above is the date extended through renewed consultation between the two companies, and will be disclosed through an amendment report if changed.

Business Transfer Decision (Subsidiary) Report on a material management matter of subsidiary LG Display Nanjing Co., Ltd.

1. Business transferred: Auto Display LCD module business 2. Key details of the business transferred: Transfer of the Auto Display LCD module business division 3. Transfer price (KRW): 104,109,530,000 4. Purpose of the transfer: Upgrading the business structure and strengthening the profit structure 5. Expected transfer date: 2026-09-30 6. Acquiring company: Top Run Total Solution (Nanjing) Co., Ltd., Relationship with the company: - 7. Effect of the business transfer: Improved company-wide operating efficiency by outsourcing the previously in-house Auto Display LCD module business after the transfer 8. Matters relating to appraisal rights: - 9. Expected date of the general shareholders' meeting: - 10. Board resolution date (decision date): 2026-02-09 - Outside director attendance: Present (persons): -; Absent (persons): - - Auditor (audit committee member who is not an outside director) attendance: - 11. Whether subject to Fair Trade Commission reporting: Not applicable 12. Future plans regarding corporate restructuring: As of the filing date, there are no finalized matters. 13. Other important matters relating to investment decisions - The transfer price in Item 3 above is the amount bid by the buyer based on an appraisal of tangible assets as of December 31, 2024; an additional settlement of other assets/liabilities is expected to proceed on the expected transfer date, so the final transfer price may change in part. This amount is also CNY 491,500,000 converted into KRW, using the base exchange rate from the first quotation on February 9, 2026 (1 CNY = KRW 211.82). - The expected transfer date in Item 5 above is the date extended through renewed consultation between the two companies, and will be disclosed through an amendment report if changed. - The board resolution date (decision date) in Item 10 above is the date the transfer agreement was signed. - The total assets of the subsidiary and the consolidated total assets of the controlling company below are based on the audited year-end 2024 consolidated financial statements.

Related disclosures: -

[Matters relating to the subsidiary] Subsidiary name: LG Display Nanjing Co., Ltd. (English: LG Display Nanjing Co., Ltd.) Representative: Suk Myung Su Main business: Display module manufacturing Whether a major subsidiary: No Total assets of the subsidiary (KRW): 3,188,176,326,124 Consolidated total assets of the controlling company (KRW): 32,859,565,603,472 As % of the controlling company's consolidated total assets: 9.7

Filed2026-07-28, [Amended] Business transfer (sale) decision (subsidiary)
SourceDART rcept 20260728800634 → open original filing

Versions of this filing

  1. 2026-02-09Original
  2. 2026-07-28Amendment 1 (this page)
  3. 2026-09-23Amendment 2

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-07-28 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).