LG ELECTRONICS INC.

(KRX: 066570)

PRE-EARNINGS GUIDANCE FOR 3Q 2021

(UNAUDITED OPERATING STATISTICS)

LG Electronics Inc. (the ''Company'') is pleased to announce certain unaudited operating statistics
of the Company and its subsidiaries (the ''Group'') for the third quarter of 2021 as follows.

In the third quarter of 2021, the Group's consolidated sales amounted to KRW 18,784.5 billion (as
compared to KRW 17,113.9 billion in 2021.2Q and KRW 15,398.6 billion in 2020.3Q), representing
a quarter-on-quarter increase of 9.8% (QoQ 9.8%) and a year-on-year increase of 22.0% (YoY
22.0%).

The Group's consolidated operating income amounted to KRW 540.7 billion (as compared to KRW
878.1 billion in 2021.2Q and KRW 1073.8 billion in 2020.3Q), representing a quarter-on-quarter
decrease of 38.4 % (QoQ -38.4%) and a year-on-year decrease of 49.6% (YoY -49.6%).

With the official closure of the LG Mobile Communications Company at the end of the month, the
unit's earnings will not be reflected in this quarter's earnings report and will be treated as
discontinued operating losses.

LG Electronics recognizes provisions of KRW 480 billion for the recall of the Chevy Bolt EV in the
third quarter. The amount of provisions is subject to change.

The above-mentioned sales data is unaudited and is based on preliminary internal information of
the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated
financial statements to be published by the Company. Further details of the Group's performance
will be disclosed when the Company announces its financial results for 3Q 2021. The above data is
provided for investors' reference only. When in doubt, investors are advised to seek professional
advice from professional or financial advisers.

LG Electronics Inc.
IR Planning Team
12 Oct, 2021

07336, Korea

LG Twin Towers
128, Yeoui-daero, Yeongdeungpo-gu, Seoul