LG CNS announced on the 15th that it has signed a supply contract worth 291.045 billion won with the Federation of Saemaul Geumgo for the 'Modernization of the Saemaul Geumgo Core Banking System.'

This contract is a large-scale order equivalent to 4.75% of LG CNS's most recent revenue of 6.129542717910 trillion won based on its 2025 consolidated financial statements. The contract amount excludes value-added tax.

The counterparty to the contract is the Federation of Saemaul Geumgo, and the sales and supply region is domestic. The contract was signed on October 14, 2026, and the contract period runs from October 15, 2026, to February 14, 2029, lasting approximately 2 years and 4 months.

According to the main contract terms, there is no down payment or advance payment, and payment will be invoiced and made as the project progresses.

Meanwhile, LG CNS previously disclosed a major management matter related to investment judgment on August 10 regarding this contract.