LG U+

Dividend Policy

LG U⁺ seeks to increase dividend payout ratio from a long-term perspective to enhance shareholder value and expand shareholder return.

Dividends are determined based on a balance between securing financial resources for long-term growth and returning to shareholders by comprehensively considering the
business environment such as financial performance, cash flow etc.

In this respect, LG U⁺ announced its shareholder return policy for FY2024~FY2026 in 2024, as below.

[FY2024~FY2026 Shareholder Return Policy]
Total dividend payout will be determined by allocating at least 40% of the net income according to the separate financial statements, excluding any one-time non-recurring profits.
Furthermore, the company commits to maintaining the annual cash dividends at a minimum level equal to the dividend per share paid in fiscal year 2023.

Additionally, under the LG U⁺ Value-Up Plan disclosed in November 2024, we aim to achieve a shareholer return ratio of
up to 60% in mid-to-long term, through share buybacks, during fiscal years when sufficient cash flow is secured.

By communicating with the market through this mid-to-long term dividend policy, LG U⁺ will strengthen sustainable management and improve the predictability of shareholder return.

Dividends are discussed in-depth at the board of directors, and the results are immediately communicated through a ‘Decision on Cash Dividend and Dividend in Kind.’ We are
actively communicating with the market about the expected dividend outlook through the quarterly earnings results.

Dividend Status (last five years)

• Unit : KRW in millions