25.2.5

LG CNS was listed on the KOSPI market on February 5, 2025. The IPO price was set at 61,900 KRW, but the stock opened at 59,700 KRW on the first day of trading and closed at 55,800 KRW, representing a decline of approximately 9.8% from the IPO price.

Through this IPO, LG CNS raised approximately 1.2 trillion KRW, with a market capitalization of about 5.79 trillion KRW. Of the funds raised, 390 billion KRW will be allocated for mergers and acquisitions (M&A) in the artificial intelligence (AI) sector, while the rest will be used for debt repayment and facility investments.

LG CNS derives about 54% of its revenue from cloud and AI services, demonstrating strong growth and high profitability. For the first three quarters of 2024, the company recorded approximately 4 trillion KRW in revenue and 313 billion KRW in operating profit.