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 POLAND SP. Z O.O.

's material business matters to report

1. Class and number of new shares	Common stock (shrs.)	8,412,788
Different classes of stocks (shrs.)	-
2. Par value per share (KRW)	14,264
3. Total number of shares issued before increase of capital stock	Common stock (shrs.)	8,354,472
Different classes of stocks (shrs.)	-
4. Purpose of financing	Facility investment (KRW)	120,000,008,032
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)	14,264
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 POLAND SP. Z O.O.
8. Record date for new share allotment	2022-09-05
9. Number of new shares per outstanding share	0.9930682
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	2022-09-05
End date	2022-09-05
12. Date for payment of subscription money	2022-09-05
13. Plan for handling forfeited shares	-
14. Record date of dividend payout	2022-01-01
15. Scheduled delivery date of new share certificates	2022-09-05
16. Lead underwriter (in case of indirect offering)	-
17. Transfer of preemptive rights to new shares?	No
18. Date of board resolution (decision date)	2022-08-17
- 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 does not correspond to 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 being made as the amount converted into the Korean Won for the paid-in capital increase of SK NEXILIS POLAND SP. Z O.O., the subsidiary (KRW 120 billion) corresponds to more than 2.5% of the equity capital of SKC, the parent company (KRW 2.2824 trillion) for the latest fiscal year. - This paid-in capital increase will be participated in full by SK NEXILIS, a shareholder. The amount of shares SK NEXILIS acquires (KRW 120 billion) is equivalent to 1.9% of SKC's assets (KRW 6,180.1 billion) for the latest fiscal year. - The "2. Par value per share (KRW)," and "6. Issuing price of new shares" above are the amounts converted into the Korean Won by applying the initial basic exchange rate as of August 17, 2022, or the date of board of directors, (KRW 285.28/PLN) for 50 PLN, the par value per share. - The "4. Purpose of financing - Facility investment (KRW)" is the amount converted into the Korean Won by applying the exchange rate (KRW 285.28/PLN) as of August 17, 2022, or the date of board of directors for 8,412,788 common shares x 50 PLN/share. - The [Details of Subsidiary Company] below are based on the financial statements as of the end of 2021.
※ Related disclosure	-

[Details of Subsidiary Company]

Name of subsidiary company	SK NEXILIS POLAND SP. Z O.O.	Name in English	SK NEXILIS POLAND SP. Z O.O.
- Representative	Hyun-woo Lee
- Main business	Manufacture of copper foil for batteries
- Major subsidiary company?	No
Total assets of subsidiary company (KRW)	399,949,733
Consolidated total assets of parent company (KRW)	6,180,132,503,610
Ratio to consolidated total assets of parent company (%)	0.006