Related Parties and Others (Tables)

12 Months Ended

Dec. 31, 2025

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Details of Major Transactions with Related Parties

(b)Details of major transactions with related parties for the years ended December 31, 2023, 2024 and 2025 are as follows:

		2023
						Purchase and Others
(In millions of won)		Sales and others		Dividend income			Purchase of raw material and others		Others (*1)
Associates
AVATEC Co., Ltd.	W		—		—			43,662		11,003
Paju Electric Glass Co., Ltd.			—		15,200			176,831		4,341
WooRee E&L Co., Ltd.			—		—			7,853		513
YAS Co., Ltd.			—		—			9,832		23,202
Material Science Co., Ltd.			—		—			—		179
Entity that has significant influence over the    Parent Company
LG Electronics Inc.(*2)	W		231,935		—			22,370		501,094
Subsidiaries of the entity that has significant    influence over the Parent Company
LG Electronics India Pvt. Ltd.	W		47,031		—			—		270
LG Electronics Vietnam Haiphong Co., Ltd.			434,789		—			—		7,090

		2023
						Purchase and others
(In millions of won)		Sales and others		Dividend income			Purchase of raw material and others		Others (*1)
LG Electronics Nanjing New Technology Co., Ltd.	W		350,207		—			—		451
LG Electronics do Brasil Ltda.			29,249		—			—		316
LG Innotek Co., Ltd.			7,754		—			14,970		100,272
LG Electronics Mlawa Sp. z o.o.			811,880		—			—		1,611
LG Electronics Reynosa S.A. DE C.V.			826,547		—			—		810
LG Electronics Egypt S.A.E			20,225		—			—		66
LG Electronics Japan, Inc.			114		—			—		6,278
LG Electronics RUS, LLC			360		—			—		2,359
LG Electronics U.S.A., Inc.			—		—			—		2,177
P.T. LG Electronics Indonesia			448,528		—			—		2,231
LG Electronics Nanjing Vehicle Components Co.,Ltd.			1,414		—			—		—
LG Technology Ventures LLC			—		—			—		2,596
HI-M Solutek Co., Ltd			—		—			9		7,316
Others			15		—			142		1,502
Total	W		3,210,048		15,200			275,669		675,677

(*1) Others include the amount of the acquisition of property, plant and equipment.

(*2) Others for LG Electronics Inc. include the amount of the acquisition of property, plant and equipment W320,555 million.

28.Related Parties and Others, Continued

		2024
						Purchase and others
(In millions of won)		Sales and others		Dividend income			Purchase of raw material and others		Others (*1)
Associates
AVATEC Co., Ltd.(*2)	W		—		200			52,983		2,947
Paju Electric Glass Co., Ltd.			—		—			237,002		8,428
WooRee E&L Co., Ltd.(*2)			—		—			5,045		32
YAS Co., Ltd.(*2)			—		—			5,266		7,578
Material Science Co., Ltd.			—		—			3,579		1,512
Entity that has significant influence over the    Parent Company
LG Electronics Inc.(*3)	W		349,194		—			19,959		354,362
Subsidiaries of the entity that has significant    influence over the Parent Company
LG Electronics India Pvt. Ltd.	W		52,736		—			—		275
LG Electronics Vietnam Haiphong Co., Ltd.			306,727		—			—		5,945

		2024
						Purchase and Others
(In millions of won)		Sales and others		Dividend income			Purchase of raw material and others		Others (*1)
LG Electronics Nanjing New Technology Co., Ltd.	W		379,241		—			—		629
LG Electronics do Brasil Ltda.			32,165		—			—		248
LG Innotek Co., Ltd.			10,999		—			18,166		72,123
LG Electronics Mlawa Sp. z o.o.			977,531		—			—		1,105
LG Electronics Reynosa S.A. DE C.V.			973,432		—			—		746
LG Electronics Egypt S.A.E			24,454		—			—		32
LG Electronics Japan, Inc.			—		—			—		6,250
LG Electronics RUS, LLC			—		—			—		4,005
LG Electronics U.S.A., Inc.			—		—			—		2,128
P.T. LG Electronics Indonesia			482,099		—			—		1,254
HI-M Solutek Co., Ltd			—		—			—		9,636
LG Technology Ventures LLC			—		—			—		1,319
Others			330		—			462		1,579
Total	W		3,588,908		200			342,462		482,133

(*1) Others include the amount of the acquisition of property, plant and equipment.

(*2) For the year ended December 31, 2024, the entity was excluded from related parties due to the loss of significant influence, and the transaction amount represents the amount before its exclusion.

(*3) Others for LG Electronics Inc. include the amount of the acquisition of property, plant and equipment W184,999 million.

28.Related Parties and Others, Continued

		2025
						Purchase and others
(In millions of won)		Sales and others		Dividend income			Purchase of raw material and others		Others(*)
Associates
Paju Electric Glass Co., Ltd.	W		—		1,664			248,746		11,413
Material Science Co., Ltd.			—		—			3,198		1,923
Entity that has significant influence over the    Parent Company
LG Electronics Inc.	W		292,846		—			17,911		258,458
Subsidiaries of the entity that has significant    influence over the Parent Company
LG Electronics India Pvt. Ltd.	W		32,143		—			—		109
LG Electronics Vietnam Haiphong Co., Ltd.			270,949		—			—		1,855
LG Electronics Nanjing New Technology Co., Ltd.			187,906		—			—		317
LG Electronics do Brasil Ltda.			23,608		—			—		88
LG Innotek Co., Ltd.			10,570		—			26,744		79,632
LG Electronics Mlawa Sp. z o.o.			1,132,561		—			—		1,031
LG Electronics Reynosa S.A. DE C.V.			949,347		—			—		933
LG Electronics Egypt S.A.E			12,586		—			—		22
LG Electronics Japan, Inc.			—		—			—		6,270
LG Electronics U.S.A., Inc.			—		—			—		2,590
P.T. LG Electronics Indonesia			477,948		—			—		746
HI-M Solutek Co., Ltd			—		—			—		10,417
LG Technology Ventures LLC			—		—			—		1,372
Others			586		—			202		1,677
Total	W		3,391,050		1,664			296,801		378,853

(*) Others include the amount of the acquisition of property, plant, and equipment

28.Related Parties and Others, Continued

(c)Details of balances of receivables and payables from transactions with related parties as of December 31, 2024 and 2025 are as follows:

		Trade accounts and notes receivable and others				Trade accounts and notes payable and others
(In millions of won)		December 31, 2024		December 31, 2025		December 31, 2024		December 31, 2025
Associates
Paju Electric Glass Co., Ltd.	W		—		—		64,140		62,277
Material Science Co., Ltd.			—		—		261		385
Entity that has significant influence over the    Parent Company
LG Electronics Inc.(*1)	W		179,710		95,844		1,071,592		88,184
Subsidiaries of the entity that has significant    influence over the Parent Company
LG Electronics Vietnam Haiphong Co., Ltd.	W		72,521		41,403		921		12
LG Electronics Nanjing New Technology Co., Ltd.			61,922		19,036		15		9
LG Innotek Co., Ltd.(*2)			1,803		2,102		207,258		173,625
LG Electronics Mlawa Sp. z o.o.			149,789		101,105		131		11
LG Electronics Reynosa S.A. DE C.V.			55,500		87,555		—		—
P.T. LG Electronics Indonesia			63,719		23,766		53		36
LG Innotek USA, Inc.			19		2,688		—		—
Others			20,620		4,937		6,397		3,966
Total	W		605,603		378,436		1,350,768		328,505

(*1) Trade accounts and notes payable and others for LG Electronics Inc. as of December 31, 2024 includes borrowings of W1,000,000 million(see Note 12.(c)). The borrowings relate to a long-term loan agreement with LG Electronics Inc. in an aggregate amount of W1,000,000 million at an interest rate of 6.06% per annum, which was fully repaid on June 5, 2025, with no outstanding balance as of December 31, 2025.

(*2) Trade accounts and notes payable and others for LG Innotek Co., Ltd. includes deposits received from lease agreement of W180,000 million as of December 31, 2024 and W139,500 million as of December 31, 2025.

Details of Significant Financial Transactions with Related Parties and Others

(d)Details of significant financial transactions with related parties and others for the years ended December 31, 2024 and 2025, are as follows:

	2024
(In millions of won)	Company Name		Capital increase		Collection of loans
Associates	WooRee E&L Co., Ltd.(*)	W		—		256
Entity that has significant influence over the Parent Company	LG Electronics Inc.	W		436,031		—

(*) For the year ended December 31, 2024, the entity was excluded from related parties due to the loss of significant influence, and the transaction amount represents the amount before its exclusion.

	2025
(In millions of won)	Company Name		Repayment of borrowings
Entity that has significant influence over the Parent Company	LG Electronics Inc.	W		1,000,000

28.Related Parties and Others, Continued

Details of Compensation Costs of Key Management

Details of compensation costs of key management for the years ended December 31, 2023, 2024 and 2025 are as follows:

(In millions of won)		2023		2024		2025
Short-term benefits	W		2,291		2,397		2,446
Post-employment benefit			355		604		586
Total	W		2,646		3,001		3,032