LG Display (LPL)

Remuneration Committee

The Remuneration Committee is comprised of two outside directors, Bruce I. Berkoff and Dongwoo Chun, and one non-outside director, Simon (Shin Ik) Kang. The chairman is Simon (Shin Ik) Kang. The Remuneration Committee’s primary responsibilities include making recommendations to the board of directors concerning salaries and incentive compensation for our directors and executive officers.

The committee holds regular meetings at least once each year, and more frequently as needed.

As of December 31, 2008, we had 24,860 employees, including 5,843 employees in our overseas subsidiaries. The following table provides a breakdown of our employees by function as of December 31, 2006, 2007 and 2008:

To recruit promising engineering students at leading Korean universities, we work with these universities on research projects where these students can gain exposure to our research and development efforts. We also provide on-the-job training for our new employees and develop training programs to identify and promote new leaders.

As of December 31, 2008, approximately 68.1% of our employees, including those of our subsidiaries, were union members, and production employees accounted for substantially all of these members. We have a collective bargaining arrangement with our labor union, which is negotiated once a year. We have never experienced a work stoppage or strike, and we consider our relationship with our employees to be good.

The salaries of our employees are reviewed annually. Salaries are adjusted based on individual and team performance, industry standards and inflation. As an incentive, discretionary bonuses may be paid based on the performance of individuals, and a portion of our operating income may be paid to our employees under our profit sharing plan if certain performance criteria are achieved. We also provide a wide range of benefits to our employees including medical insurance, employment insurance, workers compensation, free medical examinations, child tuition and education fee reimbursements and low-cost housing for certain employees.

Under the Korean Labor Standards Act, employees with one year or more of service are entitled to receive, upon termination of their employment, a lump-sum severance payment based on the length of their service and their average wage during the last three months of employment. We make provisions for accrued severance liabilities based on the assumption that all employees terminate their employment with us at the same time. As of December 31, 2008, our accrued severance liabilities amounted to (Won)202.0 billion (US$160.1 million), of which 65% was funded through severance insurance plans, while 0.2% was funded through deposits with the National Pension Corporation.

As of December 31, 2008, our employee stock ownership association owned approximately 0.1% of our common stock.

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Table of Contents

Remuneration Committee

The Remuneration Committee is comprised of two outside directors, Bruce I. Berkoff and Dongwoo Chun, and two non-outside directors, Simon (Shin Ik) Kang and Paul Verhagen. The chairman is Simon (Shin Ik) Kang. The Remuneration Committee’s primary responsibilities include making recommendations to the board of directors concerning salaries and incentive compensation for our directors and executive officers.

The committee holds regular meetings at least once each year, and more frequently as needed.

Remuneration Committee

The Remuneration Committee is comprised of two outside directors, Doug J. Dunn and Dongwoo Chun, and two non-outside directors, Rudy Provoost and Hee Gook Lee. The chairman is Rudy Provoost. The Remuneration Committee’s primary responsibilities include making recommendations to the board of directors concerning salaries and incentive compensation for our directors and executive officers.

The committee holds regular meetings at least once each year, and more frequently as needed.

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Table of Contents

Remuneration Committee

The Remuneration Committee is comprised of two outside directors, Doug J. Dunn and Dongwoo Chun, and two non-outside directors, Rudy Provoost and Hee Gook Lee. The chairman is Rudy Provoost. The Remuneration Committee’s primary responsibilities include making recommendations to the board of directors concerning salaries and incentive compensation for our directors and executive officers.

The committee holds regular meetings at least once each year, and more frequently as needed.

Remuneration Committee

The Remuneration Committee is comprised of two outside directors, Doug Dunn and Dongwoo Chun, and two non-outside directors, Ad Huijser and Hee Gook Lee. The chairman is Ad Huijser. The Remuneration Committee’s primary responsibilities include making recommendations to the board of directors concerning salaries and incentive compensation for our directors and executive officers.

The committee holds regular meetings at least once each year, and more frequently as needed.