SK Co., Ltd. "A dividend of 5,000 won per share"...First Announcement of Corporate Value Enhancement Plan

SK Corp., the holding company of SK Group, became the first holding company to announce a plan to raise corporate value, which includes a return policy for shareholders and a plan to improve its financial structure.

SK Co., Ltd. first set the minimum dividend per share at 5,000 won as a shareholder return policy.

Regardless of management performance or current dividend income, the minimum dividend guaranteed is 280 billion won per year.

It also decided to purchase treasury stocks with a market capitalization of 1-2% or pay additional dividends with profits generated during the corporate restructuring process that began earlier this year.

At the same time, it announced that it will improve its return on equity to 10% by 2027 and achieve an enterprise value of 1x the share price net asset ratio.

The stock price net asset ratio is the market capitalization divided by the net asset value, and the average of domestic holding companies over the past five years is 0.5 times.

SK Co., Ltd. said it will listen to shareholders' opinions and actively share performance to achieve corporate value that exceeds market expectations.