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Q2 ’11 Earnings Results

July 21, 2011


Disclaimer

§This presentation contains forward-looking statements. We may also make written or oral forward-looking
statements in our periodic reports to the United States Securities and Exchange Commission and the Korean
Financial Supervisory Service, in our annual report to shareholders, in our proxy statements, in our offering
circulars and prospectuses, in press releases and other written materials and in oral statements made by our
officers, directors or employees to third parties. Statements that are not historical facts, including statements
about our beliefs and expectations, are forward-looking statements. These statements are based on current
plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking
statements speak only as of the date they are made, and we undertake no obligation to update publicly any of
them in light of new information or future events.

§Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of
important factors could cause actual results to differ materially from those contained in any forward-looking
statement. Such factors include, but are not limited to: our highly competitive environment; the cyclical nature of
our industry; our ability to introduce new products on a timely basis; our dependence on growth in the demand
for our products; our ability to successfully execute our expansion strategy; our dependence on key personnel;
and general economic and political conditions, including those related to the TFT-LCD industry; possible
disruptions in business activities caused by natural and human-induced disasters, including terrorist activity and
armed conflict; and fluctuations in foreign currency exchange rates. Additional information as to these and other
factors that may cause actual results to differ materially from our forward-looking statements can be found in our
filings with the United States Securities and Exchange Commission.

§All financial information contained in this document is based on consolidated IFRS.

§This presentation also includes information regarding our historical financial performance through June 30,
2011, and our expectations regarding future performance which is available on our investor relations website at
http://www.lgdisplay.com under the file name Q2 2011 Earnings Results Presentation.
1. Q2 ’11 Earnings Results

2. Performance Highlights

3. Management Focus
Revenues & Profits

Revenues Profits
(Unit : KRW B) (Unit : KRW B, %)

Q2 ’11 Q1 ’11 Q2 ’10 QoQ YoY

13% ­ (QoQ) 7,000


6% ¯ (YoY)
Operating -48 -239 726 -80% N/A
6,000 Income -1% -4% 11%

5,000

EBITDA* 845 577 1,433 46% -41%


4,000
14% 11% 22%
6,454
6,047
5,366 3,000

Income
2,000 before tax
-51 -202 604 -75% N/A

1,000

Net Income 21 -115 555 N/A -96%

Q2 ’11 Q1 ’11 Q2 ’10


IFRS (Consolidated)

* EBITDA = Operating Income + Depreciation + Amortization


Source : Unaudited, Company financials
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Financial Positions & Ratios

Financial Positions Financial Ratios


(Unit : KRW B) (Unit : %)

Q2 ’11 Q1 ’11 Q2 ’10 Q2 ’10 Q1 ’11 Q2 ’11

Assets 24,670 24,325 22,942


Liabilities to
126% 129%
Current Assets 8,036 8,541 9,585 Equity Ratio
107%
Cash* 2,364 3,012 3,212

Inventory 2,822 2,505 2,256


Net Liabilities 107%
to Equity Ratio** 98%
Non-Current Assets 16,634 15,784 13,357
78%
Liabilities 13,894 13,570 11,858
117%
Current Liabilities 9,710 10,015 8,178
Current Ratio
85% 83%
Non-Current Liab. 4,184 3,555 3,680

Shareholders’ Equity 10,776 10,755 11,084


21%
Net Debt to
Debts 4,639 4,605 3,951 Equity Ratio 15%

Net Debts 2,275 1,593 739 7%

IFRS (Consolidated)

* Cash includes short term financial instruments. ** Net Liabilities to Equity Ratio: (Total liabilities - cash equivalents) / shareholders’ equity

Source : Unaudited, Company financials


4
Cash Flow

Net Cash Flow Cash Flow Statement


(Unit : KRW B) (Unit : KRW B)

Q2 ’11
Cash at beginning of quarter 3,012
Change in WC
-250 Cash flow from operating activities 513
Others Net Income 21
Depreciation 894 -152
Depreciation & Amortization 894
Change in Working Capital (250)
Others (152)
-1,021 Capex Cash flow from investing activities (1,021)
Net income
Cash flow before financing activities (508)
21
Cash flow from financing activities (143)
Dividends Paid (179)
-508
Financing activities 36
Other 3
Net change in Cash (648)
Cash In Cash Out Net*
Cash at end of quarter 2,364
IFRS (Consolidated)
* Based on cash flow before financing activities

Source : Unaudited, Company financials


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Shipments and ASP

Total K m² ASP/m² (USD)

10,000 $1,000

$866

$785
8,000 $743 $800
7,918 $702
7,454
7,200
$707 6,728
6,000 6,446 $600

4,000 $400

2,000 $200

0 $0
Q2 '10 Q3 '10 Q4 '10 Q1 '11 Q2 '11

Net Display area shipment in K m2


Source: Company financials
ASP per m2 (USD), LCM based

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Revenue: Product Mix

100%
5% 8% 7% 9% 8% Mobile etc.
2%
3% 5% 5% 10% Smartbook
17% 12% 13%
14%
14% NBPC
19% 19%
23%
24% 20% MNT
50%

58% 56%
53% TV
48% 48%

0
Q2 '10 Q3 '10 Q4 '10 Q1 '11 Q2 '11

Source: Company financials (KRW)


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Capacity

Quarterly producible capacity by area (M m² )

11.2
10.7 10.7
10.4

8.6 P81 ~ 3

P7

P61 ~ 2

P1 ~ P5

Q2 ’10 Q3 ’10 Q4 ’10 Q1 ’11 Q2 ’11

Source: Company financials


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FPR 3D TV Update

FPR Market Share Comparison


USA

China

Europe

W28 : 7/4 ~7/11

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Management Focus

► Differentiating Product and Biz. Structure

► Reasonably Adjusting Input Resources

► Maximizing Resource Management Efficiency

10
Questions and Answers

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Appendix

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IFRS Statements of Income

Unit: KRW Bn

Accounts Q1 '09 Q2 '09 Q3 '09 Q4 '09 2009 Q1 '10 Q2 '10 Q3 '10 Q4 '10 2010 Q1 '11 Q2 '11

Revenue 3,542 4,772 5,818 5,905 20,038 5,876 6,454 6,698 6,483 25,512 5,366 6,047

COGS 3,649 4,193 4,591 5,043 17,477 4,639 5,125 5,927 6,089 21,781 5,133 5,596

Gross Profit -107 579 1,227 862 2,561 1,237 1,329 771 394 3,731 233 451

Operating Income -317 352 662 313 1,010 789 726 182 -387 1,310 -239 -48

EBITDA 237 1,072 1,450 1,091 3,852 1,421 1,433 986 396 4,236 577 845

Income before tax -488 429 714 358 1,013 842 604 244 -424 1,266 -202 -51

Net Income -347 367 595 502 1,118 649 555 224 -268 1,159 -115 21

EPS (Unit: KRW) -969 1,026 1,664 1,403 3,124 1,813 1,550 627 -750 3,240 -323 60

Margins (%)

Gross Margin -3.0 12.1 21.1 14.6 12.8 21.1 20.6 11.5 6.1 14.6 4.3 7.5

Operating Margin -8.9 7.4 11.4 5.3 5.0 13.4 11.2 2.7 -6.0 5.1 -4.5 -0.8

EBITDA Margin 6.7 22.5 24.9 18.5 19.2 24.2 22.2 14.7 6.1 16.6 10.8 14.0

IFRS (Consolidated)
Source: Unaudited, Company financials

Any discrepancies in any table between the totals and the sums of the amounts listed are due to rounding.

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IFRS Statements of Financial Position

Unit: KRW Bn

Accounts Q1 ’09 Q2 ’09 Q3 ’09 Q4 ’09 Q1 ’10 Q2 ’10 Q3 ’10 Q4 ’10 Q1 ’11 Q2’11

Assets 18,728 18,438 18,671 19,704 20,767 22,942 23,793 23,858 24,325 24,670

Cash* 3,544 2,671 2,678 3,318 3,144 3,212 3,146 3,134 3,012 2,364

Inventory 1,142 1,351 1,666 1,668 1,716 2,256 2,492 2,215 2,505 2,822

Liabilities 10,094 9,442 9,114 9,664 10,246 11,858 12,504 12,797 13,570 13,894

Short-term debts 1,550 2,268 1,941 2,004 1,329 1,393 1,855 2,100 2,110 1,775

Long-term debts 2,720 1,965 1,842 2,076 2,300 2,558 2,365 2,543 2,495 2,864

Shareholders’ Equity 8,634 8,996 9,557 10,040 10,521 11,084 11,289 11,061 10,755 10,776

BPS (Unit: KRW) 24,130 25,141 26,709 28,059 29,403 30,977 31,551 30,912 30,056 30,115

Net debt to equity ratio 21.1


8.4 17.4 11.6 7.6 4.6 6.7 9.5 13.6 14.8
(%)

IFRS (Consolidated)
Source: Unaudited, Company financials

* Cash includes short term financial instruments.

Any discrepancies in any table between the totals and the sums of the amounts listed are due to rounding.
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IFRS Statements of Cash Flow

Unit: KRW Bn

Accounts Q1 ’09 Q2 ’09 Q3 ’09 Q4 ’09 2009 Q1 ’10 Q2 ’10 Q3 ’10 Q4 ’10 2010 Q1 ’11 Q2 ’11
Net Income -347 367 595 502 1,118 649 555 224 -268 1,159 -115 21
Depreciation & Amortization 554 720 788 778 2,842 632 707 804 783 2,926 816 894
Others 448 -185 300 65 626 -144 369 -77 351 500 -189 -152
Working Capital* 460 -703 -487 306 -424 -187 -423 71 873 334 302 -250
Cash flow from operating 513
1,115 200 1,196 1,651 4,162 950 1,208 1,022 1,739 4,919 814
activities
Cash flow from investing -1,021
activities** -998 -964 -865 -1,310 -4,137 -765 -1,126 -1,469 -2,155 -5,515 -991
Net cash flow before financing -508
activities 117 -764 331 341 25 185 82 -447 -416 -596 -177

Financing Activities 19 70 -324 299 64 -376 165 381 399 569 52 36


Dividends 0 -179 0 0 -179 0 -179 0 0 -179 0 -179
Change in non-controlling 3
0 0 0 0 0 17 0 0 5 22 3
interest
Net change in cash 136 -873 7 640 -90 -174 68 -66 -12 -184 -122 -648

Source: Unaudited, Company financials IFRS (Consolidated)

* Working Capital consists of net change in AR, Inventory, AP and F/X effect
** Cash flow from Investing Activities exclude increase (decrease) of short term financial instruments.

Any discrepancies in any table between the totals and the sums of the amounts listed are due to rounding.
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EBITDA Calculation

Unit: KRW Bn

Accounts Q1 ’09 Q2 ’09 Q3 ’09 Q4 '09 2009 Q1 ’10 Q2 ’10 Q3 ’10 Q4 ’10 2010 Q1 ’11 Q2 ’11

1. Operating Income -317 352 662 313 1,010 789 726 182 -387 1,310 -239 -48

2. Depreciation 544 708 771 756 2,779 596 666 761 734 2,757 764 836

3. Amortization 10 12 17 22 63 36 41 43 49 169 52 58

EBITDA (1+2+3) 237 1,072 1,450 1,091 3,852 1,421 1,433 986 396 4,236 577 845

Source: Unaudited, Company financials IFRS (Consolidated)

We add depreciation and amortization expense to operating income to calculate EBITDA. It is a key financial
measure used by our senior management to internally evaluate the performance of our business and for
other required or discretionary purposes.

We believe that the presentation of EBITDA will enhance an investor’s understanding of our operating
performance as we believe it is commonly reported and widely used by analysts and investors in our industry.
It also provides useful information for comparison on a more comparable basis of our operating performance
and those of our competitors, who follow different accounting policies.

EBITDA is not a measure defined by GAAP. Our calculation of EBITDA may not be consistent with other similarly
titled measures reported by other companies.

Any discrepancies in any table between the totals and the sums of the amounts listed are due to rounding.
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