LG Uplus on the 24th held its 30th regular shareholders meeting at its Yongsan headquarters in Seoul and approved all six agenda items as originally proposed, including approval of the financial statements, approval of amendments to the articles of incorporation, appointment of directors, appointment of outside directors to serve as Audit Committee Commissioners, appointment of Audit Committee Commissioners, and approval of the limit on directors' compensation.
At the meeting, the company approved financial statements showing 15.4517 trillion won in operating revenue, 892.1 billion won in operating profit, and 509.2 billion won in net profit for 2025. The year-end dividend was set at 410 won per common share. That is up 10 won from a year earlier, bringing the total annual dividend to 660 won. The cap on directors' compensation was maintained at 5 billion won, the same as the previous year.
LG Uplus added operations related to data center design, operation, and construction, as well as related services and construction work, to the company's business purposes in its articles of incorporation to fully launch its data center DBO business. In line with amendments to the Commercial Act, it deleted the clause excluding cumulative voting and changed the title of "outside director" to "independent director." It also increased the number of separately elected Audit Committee Commissioners from one to two.
Under the director appointment agenda, Chief Financial Officer and Chief Risk Officer Yeo Myung-hee was reappointed as an inside director. Lee Sang-woo, head of Corporate Strategy at LG Corp., was appointed as another non-executive director. As outside directors and Audit Committee Commissioners, Eom Yun-mi, a board director at the See-at Foundation, and Song Min-sub, a professor in the Department of Business Administration at Sogang University, were appointed.
Hong Bum-Shik, president of LG Uplus, said, "We will make this a year in which we build on even stronger trust to accumulate successful experiences with customers and expand them," adding, "We will put quality, security, and safety as the top principles of management, and focus on innovating the customer experience, expanding the B2B AX business, and executing plans to enhance corporate value."