LG said it will dispose of part of the common shares of LG Energy Solution (6,535,939 shares) held by its subsidiary LG Chem and enter into a price swap (PRS) agreement, according to a filing on October 28, 2026.

The company said its board decided on October 28, 2026 to dispose of 6,535,939 common shares of LG Energy Solution held by its subsidiary LG Chem. The planned disposal amount is KRW 2.5 trillion. The filing states that after the disposal, LG Chem will hold 179,211,586 shares, a stake of 76.59%. The company also said it plans to enter into a price swap (PRS) agreement with the buyer with a term of 2 years.

1. 01

   The board resolution date (decision date) is October 28, 2026, and the filing states that the company is a large corporation.

2. 02

   The disposal price is based on the closing price of LG Energy Solution on the Korea Exchange on October 27, 2026, which is KRW 382,500. The company said the actual number of shares disposed of and the actual price may change depending on the share price before the contract signing date.

3. 03

   The purpose of the disposal is to improve the financial structure and enhance shareholder value. The term of the PRS agreement to be signed alongside it is 2 years.

4. 04

   The scheduled disposal date is the earliest date within the period from November 27, 2026 to December 24, 2026. The actual disposal date will be fixed within that period.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Number of shares disposed of

6,535,939 shares

Planned disposal amount

KRW 2.5 trillion

Shares held after disposal

179,211,586 shares

Stake after disposal

76.59%

As a percentage of equity

5.31%

Scheduled disposal date

November 27, 2026

Filing facts

Filing type

Investment

Report name

Decision on Disposal of Shares in Another Company (Subsidiary)

Filed

Oct 28, 2026

Receipt number

20261028800408