STATEMENT OF APOLOGY REGARDING THE INCIDENT IN INDIA

Reading Time: < 1 minute We would like to express our deepest condolences to the deceased and their families. LG Chem places the utmost priority on the health and safety of local residents and employees. To this end, we are doing everything we can with the proper authorities to protect those residents and employees, and surveying the extent of the casualties and damage. Currently, the gas leak in the factory is in a controlled state and we will mobilize all of our technological capabilities to prevent any escalation. In particular, as a global company, LG Chem holds international environmental and safety standards with the highest regard, and will do our best to prepare concrete measures that will prevent future recurrences. We are investigating the exact cause of the incident and scope of damage with the authorities, and will announce the findings as we have more concrete information. Once again, we would like to express our deepest condolences to the victims and families who have been hurt and affected by this incident, and we promise to do our best to handle the situation and prevent any incident in the future.

May 8th, 2020, Courtesy-LGChem website