LG CNS Holds Shareholders' Meeting... "Strengthening AX Business and Expanding Global Strategy"

Approval of Financial Statements and Amendment of Articles of Incorporation Passed

LG CNS held its 38th regular general meeting of shareholders at the LG Science Park headquarters in Magok, the company announced on the 21st.

At the shareholders' meeting, the agenda items including ▲approval of financial statements ▲amendment of the articles of incorporation regarding the dividend record date ▲appointment of Ha Beom-jong as an outside director ▲approval of the director remuneration limit were resolved. The director remuneration limit was set at 5 billion KRW, the same as last year.

LG CNS Smart Factory Solution. Provided by LG CNS

LG CNS achieved record-high performance last year with sales of 5.9826 trillion KRW and operating profit of 512.9 billion KRW. Compared to the previous year, sales increased by 6.7% and operating profit by 10.5%. In particular, the cloud and AI business grew by 15.8% year-on-year.

LG CNS plans to strengthen its core strategy this year, the AX (Artificial Intelligence Transformation) business, while accelerating its expansion into the global market. To this end, it will provide AI services optimized for the business of customers in various industries based on technologies such as generative AI and agentic AI.

In its global business, LG CNS will focus on targeting markets centered on finance and public sectors, cloud, and smart engineering (smart factory, smart logistics, smart city) areas.

Meanwhile, LG CNS set a dividend of 1,672 KRW per share. With improved management performance last year, this is higher than the previous year's dividend of 1,520 KRW. LG CNS's dividend payout ratio this year is about 40% on a consolidated basis.