Lg Energy Solution Ltd. · KRX:373220
Lg Energy Solution — Q4 2022 Earnings Presentation
18 slides from Lg Energy Solution's earnings presentation, January 2023
Slide 1: LG Energy Solution
@LG Energy Solution
Slide 2: Contents
CONTENTS secTiON()4 Business Performance 1. 2022 Key Achievements 5 2. Q4’22 Business Performance 6 3. 2022 Financial Position 7 4. 2022 Cash Flow and Capex Trend 8 SecTlON()D 2023 Business Strategy 1. 2023 Battery Market Outlook 10 2. Key Initiatives 1 3. Capacity Expansion Plan 12 4. Achievement T
Slide 3: Disclaimer
Disclaimer The information regarding business performance of LG Energy Solution is provided for the convenience of investors of the Company prior to the audit by external auditors. Please note that some of the information contained herein may change in the course of the final audit by external audit
Slide 4: Business Performance
SECTION 1 Business Performance
Slide 5: 2022 Key Achievements
Business Performance 2022 Key Achievements | A Revenue and Operating Profit @ Revenue Operating Profit(%) 2021 0.77 (4.3%) 2022 1.2 (4.7%) 2022 Key Achievements Q4'22 Business Performance 2022 Financial Position ‘ (xi) Highlights (Trillion KRW) Revenue Annual revenue posted a record-high of 25.6 tri
Slide 6: Q4'22 Business Performance
8,538 7,648 4,439 Q4’21 Q3’22 Q4’22
Slide 7: 2022 Financial Position
2022 Key Achievements Q4'22 Business Performance Business Performance 2022 Financial Position 2022 Cash Flow ae =yj Balance Sheet Q4'21 Assets 23,764 Cash and Cash Equivalents, 1,284 etc.* Liabilities 15,022 Debt 6,969 Equity 8,742 Q3'22 39,888 6,389 18,725 8,321 21,163 \ (Billion KRW) Q4'22 38,299
Slide 8: 2022 Cash Flow and Capex Trend
: 2022 Key Achievements 2422 Business Performance 2022 Financial Position z=: Business Performance 2022 Cash Flow and Capex Trend E Cash Flow ‘ id Capex Trend ‘ (Billion KRW) (Trillion KRW) Beginning Cash Balance* 8,184 6,389 1,284 Cash Flows from (876) 847 (580) Operating Activities Working Capital
Slide 9: 2023 Business Strategy
SECTION 2 2023 Business Strategy
Slide 10: 2023 Battery Market Outlook
2023 Business Strategy 1 2023 Battery Market Outlook Key Initiatives Capacity Expansion Plan Achievement Targets © Battery Demand is Expected to Grow +33% YoY Driven by EV with Strong Growth in North America @ xeEv IT, etc. Mess 420 23% 67% *S3%y 670 890 Global Battery Market Outlook (Unit: GWh) 202
Slide 11: Key Initiatives
2023 Market Outlook Key Initiatives Capacity Expansion Plan Achievement Targets 2023 Business Strategy 2 Key Initiatives © Reinforce Our Fundamental Competitive Edge and Global Leading Position through 4 Key Initiatives Product Competitiveness v) Develop customized product by market segment - High n
Slide 12: Capacity Expansion Plan
2023 Market Outlook Key Initiatives Capacity Expansion Plan Achie\ nent Targets 2023 Business Strategy 3 Capacity Expansion Plan © Enhance Global Status with Proactive Capacity Expansion including JV Ramp-up with Key OEMs in NA © Capacity Plan (Unit: wh) © Upcoming Projects MEVPouch MM EV Cylindrica
Slide 13: Achievement Targets
2023 Business Strategy 2023 Market Outlook Key Initiatives 4 Achievement Targets © Order Backlog | Secure additional projects from existing and new OEMs in North America and Europe © Revenue Pursue revenue increase +25~30% YoY in 2023 through stable operation of new capacity and sales expansion in h
Slide 14: Appendix
SECTION 3 Appendix
Slide 15: Appendix: EBITDA and Net Income
EBITDA Net Income before Tax Net Income (Loss) (%)
Slide 16: Appendix: Financial Position
Income Statement J FinancialPostion Position Cash Flow Appendix Appendix : Financial Position (Billion KRW) So fe fo fow | ole | |] Assets 20,800 22,178 23,612 23,764 34,976 36,434 39,888 38,299 Cash and Cash Equivalents, etc.* 2,602 2,045 1,532 1,284 10,162 8,184 6,389 5,938 Account Receivables 2,7
Slide 17: Appendix: Cash Flow
Income Statement Financial Position Appendix Appendix : Cash Flow (Billion KRW) Pat ae cs i a ae cs Beginning 2,093 2,602 2,045 1,532 1,284 10,162 8,184 6,389 Cash Balance cashipiows irom} 424 35 -250 770 396 -947 -876 847 Operating Activities Operating Profit/Loss 341 724 -373 76 259 196 522 237 De
Slide 18: @LG Energy Solution
@LG Energy Solution