Matters Related to Ad Hoc Public Disclosure Obligation (Fair Disclosure)
1. Details of information Disclosure title Guide to the mid- to long-term dividend policy to enhance shareholder value
Summary of ad-hoc public disclosure - Based upon the principle of enhancing shareholder value, LG Uplus determines dividends within the profits available, taking into account investments for the Company's sustained growth, financial structure, management environment, etc.

- In order to strengthen the shareholder return policy, from the 2022 fiscal year, LG Uplus plans to change the dividend policy by increasing the existing dividend payout ratio of 30% or more to 40% or more of the net income based on the separate financial statements (excluding one-time non-recurring profit).

- By communicating with the market through this dividend policy, LG Uplus will strengthen sustainable management and improve the predictability of shareholder return.
Expected ad-hoc public disclosure date & time -
2. Details of information release Information providers LG Uplus Corp. IR Team
Information recipients Domestic and foreign investors, mass media organizations, etc.
Date & time of information release To be disclosed as needed after this fair disclosure
Title and place of event held -
3. Contact points (department/phone number) 070-4080-9849
4. Other matters to be factored into investment decisions
- The dividend policy above is subject to change based on the management environment. A redisclosure will be made for any changes.

- Details including the dividends for each fiscal year will be determined at the Company's board meeting and general shareholders' meeting.
※ Related disclosure -

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LG Uplus Corporation published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 08:38:02 UTC.