LG Chem Rewards Top RESU Installers in Europe

LG Chem invited 5 of its top installers in Europe to a ceremony in appreciation of its trust and highly successful distribution of LG Chem RESU batteries

LG Chem seeks to expand the opportunity to value the leading installers as well as encourage more installers to enjoy such events

MILAN,March 5,2019 --On January 29th,2019,LG Chem - Korea's leading manufacturer of advanced batteries - held the 'Top Installer Award 2018' to reward its top 5 installers in Europe with the highest sales record in the European market in 2018 at a venue near Frankfurt.

The Top 5 RESU battery installers include:

Chalupa-SolartechnikGmbH&Co.KG (Germany)

EBITSCHenergietechnik GmbH (Germany)

Gexx aeroSol GmbH (Germany)

Solarzentrum Mittelhessen GmbH,selected 2 years in a row (Germany)

Soladria S.R.L (Italy)

The selected installers were invited to a banquet hosted by LG Chem and were rewarded RESU batteries (RESU10H or RESU7H) and plaques as prizes in recognition of the trust and great success they achieved with the advanced technology of LG Chem RESU batteries. Alongside the Top 5 installers,LG Chem also showed its appreciation by sending out special gifts to 50 installers across Europe.

After the success of the first event held a year ago,LG Chem filled this year's ceremony with an equal number of various sessions and activities. Through a discussion session,installers shared their thoughts and ideas about the residential ESS market trend based on their first-hand experience in the field. LG Chem was able to collect valuable insights that would lead them to a more desirable path in the future. To lighten up after the main ceremony,LG Chem prepared a special cooking class for the installers. With the guide of the restaurant's chef,participants were able to add another enjoyable moment at the ceremony.

Moreover,in order to show appreciation for its global market expansion and sales increase,LG Chem decided to expand the ceremony which was originally held solely in Germany in the first year,to become a more global event. The Top RESU installers of 2018 in the United States and Australia will also be rewarded in February 2019 at a ceremony held in each region.

"The LG-trademark has substantially helped us find the trust of end-customers towards the residential storage market",said Thorsten Reiss (Thorsten Reiß) from Solarzentrum Mittelhessen GmbH,which has once again been selected as one of the Top influencers of Europe,"Our customers especially value the RESU line as a high-quality product family with an outstanding price/ performance-ratio."

"With the growth and advancement of residential storage batteries,we are pleased to team up with leading installers across the globe",said Jeongjin Hong,Vice President of LG Chem's ESS Battery division,"We are continuously seeking ways to provide better service to installers and customers."

About LG Chem

LG Chem is one of the world's largest lithium-ion battery manufacturers with a market-leading position in advanced batteries for grid-scale,residential storage and automotive applications. Our advanced lithium ion battery technology is the product of 23 years of experience in the development and production of mobile batteries and large format batteries for automotive and energy storage systems (ESS). LG Chem's commitment to technology leadership coupled with efficient and high-quality manufacturing processes produces batteries that exhibit the highest levels of safety,performance and reliability. For more information,please visit www.LGChem.com.

About RESU

RESU (Residential Energy Storage System) is the home battery brand of LG Chem designed to deal with various situations customers concern about. LG Chem's RESU series,acclaimed for its cutting-edge innovation and technology,offers compact size,easy and fast installation,and wide compatibility with major inverters. A total of six different models,including 3.3kWh,6.5kWh,9.8kWh,13,1kWh as 48V models and 7.0kWh,9.8kWh as 400V models,are available to meet customers varying needs with respect to voltage and capacity.