SKC : Decision on Paid-in Capital Increase (Material Business Matters of Subsidiary Company)

Decision on Paid-In Capital Increase (Material Business Matters of Subsidiary Company)

Subsidiary company

SK NEXILIS MALAYSIA SDN. BHD.

's material business matters to report

1. Class and number of new shares	Common stock (shrs.)	3,460,750
Different classes of stocks (shrs.)	-
2. Par value per share (KRW)	28,839
3. Total number of shares issued before increase of capital stock	Common stock (shrs.)	12,869,453
Different classes of stocks (shrs.)	-
4. Purpose of financing	Facility investment (KRW)	99,806,024,149
Business acquisition (KRW)	-
Operating capital (KRW)	-
Debt repayment (KRW)	-
Acquisition of securities issued by other corporations (KRW)	-
Other purposes (KRW)	-
5. Method of capital increase	Rights offering

[Rights Offering]

6. Issuing price of new shares	Final Issuing price	Common stock (KRW)	28,839
Different classes of stocks (KRW)	-
Expected issuing price	Common stock (KRW)	-	Expected date of finalization	-
Different classes of stocks (KRW)	-	Expected date of finalization	-
7. Calculation method of issuing price	By the resolution of the board of directors of SK NEXILIS MALAYSIA SDN. BHD.
8. Record date for new share allotment	2022-07-01
9. Number of new shares per outstanding share	3.7186890
10. Preferential allotment ratio for employee stock ownership association (%)	-
11. Scheduled date of subscription	Employee shares ownership association	Start date	-
End date	-
Existing shareholders	Start date	2022-07-01
End date	2022-07-01
12. Date for payment of subscription money	2022-07-01
13. Plan for handling forfeited shares	-
14. Record date of dividend payout	2022-01-01
15. Scheduled delivery date of new share certificates	-
16. Lead underwriter (in case of indirect offering)	-
17. Transfer of preemptive rights to new shares?	No
18. Date of board resolution (decision date)	2022-06-30
- Attendance of outside directors	Present (No.)	-
Absent (No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	-
19. Subject to filing of securities registration statement?	No
20. Reasons for exemption from filing securities registration statement, if exempted	It is not a public offering or sale (issued to less than 50 shareholders)
21. Subject to reporting to the Fair Trade Commission?	No
22. Other matters to be factored into investment decisions	- This disclosure is made since the Korean Won conversion amount of the paid-in capital increase of the subsidiary of SK NEXILIS MALAYSIASDN. BHD. (KRW 99.8 billion) is equivalent to 2.5% or more of the equity (KRW 2,282.4 billion) for the latest business year of the parent company of SKC. - As for the paid-in capital increase this time, NEXILIS MANAGEMENT MALAYSIA SDN. BHD., a shareholder, will participate for the full amount. - The above '2. Par value per share(KRW)','4. Purpose of financing - Facility investment (KRW),' and '6. Issuing price of new shares' are the amounts converted into the Korean Won by applying the initial basic exchange rate as of June 30, 2022, or the date of board of directors, (KRW 293.86/MYR) for 98.14 MYR, the par value per share." - The 'Total assets of subsidiary company (KRW)' and 'Consolidated total assets of parent company (KRW)' are based on the consolidated financial statements as of the end of 2021.
※ Related disclosure	2022-06-16 Decision on Paid-in Capital Increase (Material Business Matters of Subsidiary Company)

[Details of Subsidiary Company]

Name of subsidiary company	SK NEXILIS MALAYSIA SDN. BHD.	Name in English	SK NEXILIS MALAYSIA SDN. BHD.
- Representative	Dong-hwan Shin
- Main business	Manufacture of copper foil for batteries
- Major subsidiary company?	No
Total assets of subsidiary company (KRW)	378,250,394,258
Consolidated total assets of parent company (KRW)	6,180,132,503,610
Ratio to consolidated total assets of parent company (%)	6.12