LG Display (NYSE: LPL) outlines value-up plan, debt cut to KRW 13.5T

Rhea-AI Filing Summary

LG Display Co., Ltd. has outlined a Corporate Value-up Plan that highlights progress on profitability, debt reduction and governance. The company reports cumulative operating profit of KRW 348 billion up to Q3 2025 and expects to achieve a full-year turnaround in both operating profit and net profit for 2025. It has reduced total debt to about KRW 13.5 trillion as of Q3 2025, a decrease of KRW 1.1 trillion compared with the end of 2024.

The company also reports improved compliance with key corporate governance indicators, moving from 67% (10 items) in 2024 to 80% (12 items) in 2025. Looking ahead, the plan emphasizes profitability-focused operations, shifting toward an OLED-centered business structure, enhancing technology and cost competitiveness, and strengthening financial stability through cash flow-focused management, better investment efficiency, and further debt reduction.

Insights

Equity strategy analyst

LG Display signals a 2025 profit turnaround, debt reduction and governance upgrades.

LG Display highlights a shift back to profitability, stating cumulative operating profit of KRW 348 billion through Q3 2025 and an expectation of a full-year turnaround in both operating and net profit. This indicates that cost actions and business mix changes are gaining traction after prior loss periods, although detailed revenue or margin figures are not provided in this excerpt.

On the balance sheet, total debt has been brought down to about KRW 13.5 trillion as of Q3 2025, a reduction of KRW 1.1 trillion versus year-end 2024, which can ease interest burden and financial risk. Governance metrics also improved from 67% (10 items) in 2024 to 80% (12 items) in 2025, suggesting tighter oversight. The plan stresses an OLED-centered business structure, technology and cost competitiveness, and cash flow-oriented financial management, so future disclosures around OLED performance and additional debt moves will be important to understand how fully these objectives are implemented.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2025

LG Display Co., Ltd.

(Translation of Registrant’s name into English)

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul 07336, Republic of Korea

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X Form 40-F ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _____ No X

Disclosure of Corporate Value-up Plan

On November 28, 2025, LG Display Co., Ltd. (the “Company”) disclosed its Corporate Value-up Plan (the “Plan”) to the Korea Exchange. The English version of the Plan can be viewed from the Company’s investor relations website at [https://www.lgdisplay.com/eng/company/investment/regular-report].

The main contents of the Plan are as follows:

1. Progress Review
a. 2025 Turnaround for both Operating profit and Net profit.
Cumulative OP of KRW 348B up to Q3 2025, expect to turnaround on a yearly basis
b. Reduce total debt to KRW 13 trillion level.
Achieved target by reducing total debt to KRW 13.5T as of Q3’25.

Reduced KRW 1.1T vs 2024 year end
c. Improved compliance with key indicators of corporate governance report.
As of 2024 67%(10 items) → As of 2025 80%(12 items)

2. Mid-Long term Objectives

a. Profitability improvement :

Profitability centric business operations, upgrade toward an OLED centered business
structure.

Strengthen structural competitiveness through technology and cost management
enhancement

b. Strengthen Financial Stability :

Strengthen cash flow-oriented financial management, improve investment efficiency.

Reduce debt and improve financial ratios

Forward-Looking Statement Disclaimer

The Plan contains forward-looking statements within the meaning of U.S. securities laws. 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, projections, goals and targets, and therefore you should not place undue reliance on them. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or performance to be materially different from any future results or performance expressed or implied by such forward-looking statements. We do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. 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. Additional information concerning these and other risk factors are contained in our latest annual report on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

LG Display Co., Ltd.
(Registrant)

Date: November 28, 2025 By: /s/ Kyu Dong Kim

(Signature)

Name: Kyu Dong Kim

Title: Vice President /

Finance & Risk Management Division

FAQ

What is LG Display (LPL) announcing in its November 2025 Form 6-K?

LG Display is presenting its Corporate Value-up Plan, outlining progress on a 2025 profitability turnaround, debt reduction, improved governance, and mid- to long-term goals for profitability and financial stability.

Did LG Display (LPL) return to profit in 2025 according to this update?

The company reports cumulative operating profit of KRW 348 billion up to Q3 2025 and states it expects to turn around on a yearly basis in both operating profit and net profit for 2025.

How much debt has LG Display (LPL) reduced under its value-up plan?

LG Display states it has reduced total debt to about KRW 13.5 trillion as of Q3 2025, representing a KRW 1.1 trillion decrease compared with the end of 2024.

How has LG Display (LPL) improved its corporate governance indicators?

The company reports improved compliance with key corporate governance indicators, from 67% (10 items) in 2024 to 80% (12 items) in 2025, indicating progress on governance practices.

What are LG Display’s mid- to long-term strategic objectives in this plan?

LG Display’s objectives include profitability-centric operations, upgrading to an OLED-centered business structure, enhancing technology and cost competitiveness, and strengthening financial stability through cash flow-focused management, better investment efficiency, and further debt reduction.

Where can investors access the full English version of LG Display’s Corporate Value-up Plan?

The English version of the plan is available on LG Display’s investor relations website at https://www.lgdisplay.com/eng/company/investment/regular-report.