www.LGusa.com LG ELECTRONICS BACKGROUNDER LG Electronics USA, based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances and business solutions, all under LG’s “Life’s Good” marketing theme. LG Electronics employs more than 84,000 people working in 115 operations including 84 subsidiaries around the world. With global sales of $45 billion, LG comprises five business units - Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world's leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG continues to enhance the global presence of the LG brand and to maximize profitable growth. In particular, LG Electronics will focus on achieving profitable and sustainable growth in the mobile communications and home entertainment sectors to strengthen its leadership in the IT industry, while increasing its market share in the home appliance, air-conditioning and business solutions sectors. Home Entertainment The LG Home Entertainment Company is the LG Electronics business unit focusing on LCD and plasma televisions and audio-video products. This business combines units of LG’s former Digital Display and Digital Media groups. Mobile Communications The Mobile Communications Company is a leader in the innovation and development of advanced technologies in next-generation wireless telecommunications. With a total range of wireless solutions, the company is rapidly establishing a global presence and growing its international market share in 3G handsets. Home Appliances The LG Home Appliance Company focuses on refrigerators, washing machines, cooking appliances and other domestic appliances. The company continues to grow in the U.S. since its market launch in 2002. In addition to its premium, stylish full-kitchen, LG continues to expand its laundry portfolio with new product colors and its industry-first LG SteamWasher™ and dryer with Allergiene™. 1 www.LGusa.com Air Conditioning The LG Air Conditioning Company was spun-off in 2009 from the company’s appliance business to focus exclusively on commercial and residential conditioning, the home network (HomeNet) business and building management systems (BMS). Solar renewable energy also is now part of the LG Air Conditioning Company. Business Solutions The LG Business Solutions Company provides customers with integrated solutions that take advantage of LG’s expertise in hardware, software, content and systems. LG Business Solutions focus on commercial (B2B) monitors, hotel and hospitality TVs, digital signage, security and telematics. -30- 2