A mobile terminal and a control method thereof are disclosed. A mobile terminal according to an embodiment of the present disclosure may include a terminal body provided with a first body and a second body, and formed to switch from either one of an open configuration in which inner surfaces of the first and second bodies are open and a closed configuration in which the inner surfaces are covered to the other one thereof; a hinge portion configured to connect the first and second bodies, and support the first and second bodies to rotate relative to each other; a display unit comprising inner display regions disposed on the inner surfaces of the first and second bodies, and first and second extended display regions extended from the inner display regions and disposed on outer sides of the first and second bodies; and a controller configured to display a notification icon indicating the occurrence of an event in the first extended display region when the event occurs in at least one application in the closed configuration, and move the notification icon to the second extended display region and change a notification priority of the event when a touch input applied to the notification icon is dragged to the second extended display region.