LG Chem has decided to dispose of a portion of its shares in subsidiary LG Energy Solution. The purpose is to improve its financial structure and enhance shareholder value. LG Chem disclosed this on the 28th.

■ Disposal Scale of 2.5 Trillion Won... Stake to Fall to 76.59%

According to the disclosure, the shares LG Chem will dispose of are 6,535,939 common shares of LG Energy Solution. The planned disposal amount is 2,499,996,667,500 won, equivalent to 5.31% of LG Chem's consolidated equity capital as of the end of 2025 (47,105,545,213,338 won).

Once the disposal is completed, LG Chem's holdings in LG Energy Solution will decrease to 179,211,586 shares, bringing its stake to 76.59%.

■ Price Return Swap (PRS) Contract with Buyer... "Difference to Be Settled Over 2 Years"

In connection with this share disposal, LG Chem plans to enter into a price return swap (PRS) contract with the buyer. The underlying asset of the contract is 6,535,939 common shares of LG Energy Solution, and the contract period is 2 years.

Under this contract, when the buyer sells the shares, the difference between the sale proceeds and the settlement reference amount is settled. The settlement reference amount is calculated by multiplying the number of shares sold by the reference price, which is applied identically to the share trading unit price.

The planned disposal amount was calculated based on the closing price of LG Energy Solution shares on the Korea Exchange on October 27, the day before the board resolution date, which was 382,500 won. However, the actual number of shares disposed of and the disposal price may vary depending on the stock price before the contract is signed.

■ Disposal to Take Place Between November 27 and December 24

The scheduled disposal period is from November 27 to December 24. November 27, the planned disposal date stated in the disclosure, is the earliest date within the period, and the actual disposal date will be finalized within this period.

LG Chem resolved the matter at its board meeting on this day, with all four outside directors in attendance. The company stated that it delegated the details of the share disposal to its CEO.