Corporate Governance

We, LG H&H Co., Ltd., have established the foundation for the transparent corporate governance structure since the establishment of the Holding Company structure of the LG Group in 2003. We promote responsibility and accountability by strengthening our corporate management structure with professional directors. We have several committees under the Board to protect the core values of the B.O.D. operation such as professionalism, independence, and transparency. We monitor the operations of the Board by ensuring that the Board strictly complies with the internal regulation on the operation of the B.O.D. to promote continuous growth of the Company.

Shareholder Composition

As of the end of 2024, the total number of issued shares(including preferred shares) was
17,717,894. The largest shareholder was LG Corp., which held a 34% stake.

[Common shares*, as of 2024]

Key Shareholders Foreigners 46%, LG Corp. 34%, Domestic Institutions and Individuals 14%, Treasury Stock 6%

* Common shares(15,618,197)

Composition and the Operation of the Board of Directors

We, LG H&H Co., Ltd., have seven members under the Board of Directors: two inside directors, one other non-executive director, and four independent directors. Our independent directors are experienced professionals from various fields, including business management, law, etc. Our independent directors play active roles in the Board by suggesting opinions on the business management and monitoring major issues in the Company.

BOD Composition and its Operation

* As of March 2025

BOD Composition and its Operation
Category Name Current Position Initial Appointment Current Term Gender Notes
Non-executive Director Beom Jong
Ha 		President and CFO, LG Corp. March 2019 March 26, 2024 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date three(3) years from the date of appointment 		M Chairperson of BOD
Inside Director Jung Ae
Lee		 CEO, LG H&H Co., Ltd. March 2023 March 28, 2023 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date three(3) years from the date of appointment 		F -
Myoung
Seok
Lee		 CFO/CRO, LG H&H Co., Ltd. March 2024 March 25, 2025 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date two(2) years from the date of appointment 		M -
Independent Director Woo Young
Lee		 Professor, School of Law, Seoul National University March 2022 March 25, 2025 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date three(3) years from the date of appointment 		F -
Jae Hwan
Kim		 Professor, College of Business, Korea University March 2023 March 28, 2023 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date three(3) years from the date of appointment 		M -
Sang Choel
Lee		 Professor, College of Business, Ewha Womans University March 2025 March 25, 2025 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date three(3) years from the date of appointment 		-
Seung Yun
Lee		 Professor, College of Business, Konkuk University March 2025 March 25, 2025 ~ the close of the Ordinary General Meeting
of Shareholders convened with respect to the last fiscal year
which ends on or before a date three(3) years from the date of appointment 		M -
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