Slide 1: 2020 Q4 Earnings Results
@LG Display We Display. 2020 Q4 Earnings Results January 27, 2021 | Investor Relations
Slide 2: Disclaimer
Disclaimer At the time, the external auditor has not yet completed its review of LG Display's 4Q 2020 earnings report. The following is provided for the convenience of our investors and the contents herein are subject to change during the audit review process of the external auditor. All information
Slide 3: Revenues & Profits
Revenues & Profits Revenues (Unit : KRW B) 10,000 11%1(QoQ) 9,000 16%1 (YoY) 8,000 7,461 6,738 7.000 6,422 ' 6,000 5,000 4,000 3,000 2,000 1,000 Q4'19 Q3'20 Q4'20 Source : Unaudited, Company financials K-IFRS(Consolidated) Profits Q4'19 Operating “422 Income “Th EBITDA* 586 9% Income Before Tax -2,1
Slide 4: Shipment, ASP and Capacity
Shipment, ASP and Capacity Shipment and ASP (Unit : M m?, ASP/m?) Display area shipment in Mm? =O=ASP per m? (USD) $790 9.2 83 7.0 67 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Source : Unaudited, Company financials Capacity @LG Display (Unit : M m?) m~Gen6 mGen7 mGen8 =Gen8 OLED 10.6 10.8 10.8 I | | ] Q4'19 Q1'
Slide 5: Revenue: Product Mix
Revenue: Product Mix @ LG Display Mobile etc. IT Q4'19 Q1 '20 Q2 '20 Q3 '20 Q4 '20 Source : Unaudited, Company financials ln
Slide 6: Financial Positions & Ratios
Financial Positions & Ratios @LG Display Financial Positions Financial Ratios (Unit : KRW B) (Unit : KRW B) Q4'19 Q3'20 Q4'20 Q419 Q3'20 Q4'20 Asset 35,575 35,497 35,072 Current Assets 10,248 10,921 11,100 Liabilities to o—_ Equity Ratio 185% 192% [~—~O Cash * 3415 3,367 4,297 175% Inventory 2,051 2
Slide 7: Cash movement chart
65 1,004 621 929 1,089 (706) (254) 254 114 65 929 4,297
Slide 8: Appendix
@ LG Display
Slide 9: Appendix. IFRS Statements of Income
Appendix. IFRS Statements of Income Revenue COGS Gross Profit Operating Income EBITDA Income before tax Net Income EPS (Unit: KRW) Margins (%) Gross Margin Operating Margin EBITDA Margin 5,675 5,133 542 17 143 5,611 5,144 467 -228 12.1 6,103 5214 889 140 6,948 5,761 1,187 279 1,134 235 153 427 17.1
Slide 10: Appendix. IFRS Statements of Financial Position
Appendix. IFRS Statements of Financial Position = @tcbispiay (Unit : KRW Bn) Accounts Asset 29,995 31,444 32,120 33,176 35,388 35,601 37,443 35,575 35,886 35,054 35,497 35,072 AR 3,496 3491 3,302 2,829 3,386 2,676 3621 3,154 2,749 2,803 3,769 3518 Cash* 3,497 3,197 2,839 2,443 2,483 2,502 2838 3415
Slide 11: Appendix. IFRS Statements of Cash Flow
Appendix. IFRS Statements of Cash Flow @ Lc Display (Unit: KRW Bn) Accounts Net Income “49-301 18 153-179 63 550-442-1817 +2872, -199 Ss -504 " 621 aa) Depreciation e hmorteation 910 909 881 855 3,555 811 827. 1049 += 1,008» -3695 992 930 1,124 1089. 4,135 Others -753 743 266-514. 258-250 592 590 1,
Slide 12: Appendix. EBITDA Calculation
Appendix. EBITDA Calculation @ Lc Display (Unit: KRW Bn) Accounts 1. Operating Income “98 —-228 140 279 93-132, 369-436-422, 1359-362, 517 164 685 “29 2. Depreciation 808 799 769 749-3125 696 715 947 911 3,269 889 820 1,022 996 3,727 3. Amortization 102 110 111 106, 429 115 112 102 97 426 103 110 10