News│Communication│SKC

SKC Posts Consecutive Quarters of Positive EBITDA... Continues Earnings Recovery ● EBITDA surges threefold QoQ to KRW 29.1 billion... Financial structure improved following the completion of a paid-in capital increase● Chemical business leads earnings recovery with a 218% spike in operating profit... Driven by a focus on high-value-added products● Copper foil business achieves record quarterly sales & Semiconductor materials business shows solid growth... Tangible results in the glass substrate businessSKC (CEO Kim Jong-woo) announced on the 27th that it recorded KRW 645.4 billion in sales and KRW 14.4 billion in operating loss for the second quarter of this year.Sales increased by approximately 30% compared to the previous quarter, and the operating loss narrowed by about 50%. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), a key indicator of cash-generating capability, expanded roughly threefold quarter-on-quarter to KRW 29.1 billion, marking the second consecutive quarter in the black. Furthermore, by successfully completing a paid-in capital increase of KRW 1.1647 trillion, the company significantly improved its net borrowings and debt-to-equity ratio.The profitability recovery of the chemical business played a major role in this quarter's performance. The chemical division posted KRW 317.8 billion in sales and KRW 30.5 billion in operating profit, a 218% jump from the previous quarter. Although production and sales volumes declined due to global supply chain uncertainties, rising prices of PG (Propylene Glycol) and PO (Propylene Oxide) drove up revenue. In addition, expanded sales of high-value-added products, combined with intensive cost-reduction efforts and process efficiency improvements initiated early this year, led to maximized profitability.The copper foil business achieved record-high quarterly sales of KRW 254 billion. With the sales proportion in North America expanding to 67%, the sales volume of copper foil for ESS (Energy Storage Systems) and EVs (Electric Vehicles) increased by 76% and 28%, respectively, driving growth. In the second half of the year, the company plans to further enhance its cost-competitiveness by fully operationalizing its Malaysia-centric production and sales system.The semiconductor materials business recorded sales of KRW 72.9 billion and an operating profit of KRW 21.3 billion. Sales of test sockets for AI data centers surged 66% year-on-year, continuing its growth trajectory, and solid profitability was maintained through expanded sales of high-value-added products. For the second half, the company aims to actively respond to growing customer demand by expanding production capacity backed by the expansion of its Plant 1 in Vietnam.The glass substrate business accelerated its "two-track" strategy to commercialize both embedding and non-embedding products simultaneously. Initial reliability tests for embedding products have commenced, and the company has embarked on a new project by supplying non-embedding prototypes for next-generation network semiconductors to a U.S. telecommunications company. In the second half, the glass substrate division plans to successfully conclude the reliability tests for embedding products and ensure seamless preparation for the Proof of Concept (POC) for non-embedding products.An SKC official stated, "In the second quarter, we were able to lay the foundation for earnings recovery as profitability improved across all businesses and achievements in new businesses materialized." The official added, "In the second half, we will continue to improve profitability by enhancing operational efficiency, while solidifying our mid-to-long-term growth foundation by strengthening the technological competitiveness of our new businesses." [End] 2026-07-27

SKC Accelerates Company-Wide AI Transformation... Launches Dedicated Organization and Establishes AI Utilization System ●Establishes 'AI Frontier TF,' a dedicated organization directly reporting to the CEO... Promotes integrated AX across SKC and its investment companies●Creates an environment for AI utilization... Reviews the introduction of enterprise generative AI solutions●Conducts customized AI training by rank, from executives to employees... Fosters in-house AI expertsSKC (CEO Kim Jong-woo) is accelerating its AI Transformation (AX). SKC announced on the 26th that it has launched a dedicated organization to promote AX and is setting out to establish a company-wide AI utilization system.First, early this year, SKC established the ‘AI Frontier Task Force (TF),’ a dedicated organization directly under the CEO that oversees company-wide AX. Officially launched last month, this TF includes members from SKC as well as its investment companies, such as SK Nexilis, SK picglobal, ISC, Absolics, and SK leaveo.The 'AI Frontier TF' is responsible for discovering and advancing work-related AX initiatives, and it leads the practical implementation of AI by collaborating with external experts. In particular, it plans to establish clear AI utilization guidelines to resolve any difficulties employees may experience during the AI adoption process.Alongside the operation of this dedicated organization, SKC is also working to create an environment conducive to AI utilization. In addition to the existing internal work-specialized agent, A.Biz, the company plans to review the introduction of enterprise generative AI solutions, such as Enterprise ChatGPT, to build an infrastructure where employees can actively utilize AI in their daily tasks.AI training for employees will also be strengthened. SKC is expanding the AI utilization training it has conducted since last year into a customized 'AI Leadership' course tailored for executives and team leaders this year. Furthermore, the company plans to foster in-house AI experts by providing action learning opportunities where employees can directly discover and execute AX tasks in their actual work.An SKC official stated, "AI is already an irreversible trend changing the paradigm of the entire industry, and it has become a core standard determining a company's future competitiveness." The official added, "Through the operation of a dedicated organization, the creation of an AI-friendly environment, and the strengthening of our employees' capabilities, we will accelerate company-wide AX and ensure it leads to tangible, practical results." [End] 2026-06-26

SKC Conducts Cemeteries Cleansing Activity to Honor Fallen Heroes for Memorial Day ● A 19-year tradition since 2008; CEO Jong-woo Kim and key executives join this year’s volunteering● "We will continue to fulfill our corporate social responsibility based on our well-established volunteer culture."SKC (CEO Jong-woo Kim) announced today that it conducted a cemetery cleansing activity, including placing Korean national flags (Taegeukgi), at the National Cemetery in Seoul to pay tribute to fallen heroes ahead of the 71st Memorial Day.Key executives, including CEO Jong-woo Kim and CFO Dong-ju Park, visited the site to participate in the activities alongside employees. The volunteer group began by observing a moment of silence at the Memorial Tower for patriotic martyrs and fallen heroes. They then moved to Cemetery No. 19, which honors 913 fallen soldiers and officers, to plant national flags, pull weeds, and wipe down tombstones.SKC’s cemetery cleansing activity is not a one-off event but part of a deeply rooted corporate volunteer culture. Following the launch of its volunteer group in 2004, SKC established a sisterhood relationship with the Seoul National Cemetery in 2008 and has continued this initiative for 19 consecutive years.An SKC official stated, "Through this activity, where management and employees came together, we were able to once again honor the sacrifices of our patriotic martyrs. As a responsible company that contributes to the nation and local communities, we will continue to carry out regular social contribution activities moving forward." [ENDS] 2026-05-22

SKC Secures 1.2 Trillion KRW via Rights Offering; Accelerating Glass Substrate Commercialization and Financial Restructuring • Final offering price set at 99,500 KRW, issuing 11.73 million shares to raise 1.1671 trillion KRW• Increased proceeds to expand debt repayment; Debt-to-equity ratio projected to drop sharply from 230% to 129%• Market confidence bolstered by Q1 turnaround and U.S. IR activities; Focus on progress in next-gen glass substrate commercializationSEOUL, South Korea – SKC (CEO Kim Jong-woo) is set to accelerate investment in its core future business, glass substrates, while significantly improving its financial structure through a rights offering totaling 1.1671 trillion KRW.On the 12th, SKC announced that the final issuance price for the rights offering was confirmed at 99,500 KRW. Consequently, SKC will issue 11.73 million new shares to raise a total of 1.1671 trillion KRW. The market expects this capital injection to serve as powerful momentum for securing future growth engines and establishing financial stability.The funds secured through this offering will be strategically utilized for new business investments and strengthening financial soundness. Initially, SKC planned to allocate approximately 590 billion KRW to the glass substrate business and 410 billion KRW to debt repayment. However, as the total proceeds increased due to a rise in stock price, the capacity for debt repayment expanded significantly. Since the investment for glass substrates—set at 589.6 billion KRW—proactively covers the maximum capital required for the next three years, the company plans to use the excess proceeds to increase the scale of debt repayment.As a result, the improvement in key financial indicators, such as the debt-to-equity ratio, is expected to be maximized. While the ratio was projected to be in the low 140% range if 410 billion KRW were repaid, the increased repayment of 577.5 billion KRW is expected to drastically lower the ratio from approximately 230% at the end of last year to around 129%. This allows the company to preemptively reduce interest expenses amid high-interest rates while simultaneously bolstering internal stability and growth.The backdrop of this increased funding lies in the recovery of SKC's fundamental competitiveness and proactive communication by management. Despite short-term stock price adjustments in March due to external factors like geopolitical risks in the Middle East, the company signaled a clear performance turnaround in its recent Q1 earnings report, achieving a positive EBITDA of 10 billion KRW for the first time in 10 quarters.Furthermore, the recent global Investor Relations (IR) tour held for institutional investors in four cities, including New York, proved effective. Led by CEO Kim Jong-woo, the management actively communicated plans for profitability recovery, semiconductor-centered business restructuring, and glass substrate progress, successfully building firm market trust and consensus on the company’s strategic direction.The progress in commercializing glass substrates by Absolics, an SKC subsidiary, also played a decisive role in the stock price rebound. Absolics recently launched a new project by supplying prototypes of next-generation "non-embedding" glass substrates for network semiconductors to a U.S. telecommunications chipmaker.Designed to significantly enhance performance in high-frequency and high-density environments compared to conventional substrates, the product is currently showing tangible results in the client's reliability evaluations. If it passes, mass production preparations could begin as early as the end of this year, further raising market expectations.An SKC official stated, "This result is a testament to the deep resonance among shareholders and investors regarding SKC’s fundamental competitive recovery and the future value of our next-generation glass substrate business. With the secured funds, we will ensure the seamless commercialization of glass substrates and accelerate our 'Stability, Recovery, and Leap' strategy through groundbreaking financial restructuring."Meanwhile, the subscription for existing shareholders will take place on May 14 and 15, with the new shares scheduled to be listed on June 8. [End] 2026-05-12

SKC Achieves Positive EBITDA in Q1 2026… A "Signal Flare" for Earnings Improvement ● Successfully turned EBITDA positive for the first time in 10 quarters, recording KRW 10 billion in Q1● Continued improvement expected in Q2 with expanded sales of copper foil for ESS… Acceleration of glass substrate certification● Capital increase proceeding smoothly… Employee stock ownership survey shows 132% oversubscribed demandSKC (CEO Jong-woo Kim) announced on the 27th that it successfully achieved a positive EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in the first quarter of 2026, driven by performance improvements across all business sectors, including secondary batteries, semiconductors, and chemical materials.According to its Q1 2026 earnings release, SKC disclosed on the 27th that it recorded consolidated revenue of 496.6 billion won and an operating loss of 28.7 billion won. While still in the red, the operating loss narrowed significantly compared to the previous quarter. Most notably, EBITDA—a key indicator of cash-generating capability—reached 10 billion won, marking the company's first positive quarterly EBITDA since the second quarter of 2023.Looking at the business sectors, the secondary battery materials business recorded revenue of 156.9 billion won, achieving significant growth in scale compared to both the previous quarter and the same period last year. Notably, copper foil sales in North America increased by 95% compared to the previous quarter, and sales for Energy Storage Systems (ESS) also rose by 132%, leading the performance improvement. Along with this, productivity at the Malaysia plant improved, leading to a positive quarterly EBITDA for the Malaysian entity, signaling a full-scale recovery in profitability.The semiconductor materials business continued its steady growth, recording revenue of 68.3 billion won and an operating profit of 23.6 billion won. By accelerating its shift toward a profitability-centered business structure, the unit achieved an operating margin of 34.5%, breaking its record for quarterly operating profit. Increased demand for AI data centers and sales of memory products contributed to the results, and the expansion of high-value products led to improved profitability.The chemical business recorded a "surprise profit" that exceeded market expectations. It recorded revenue of 270.8 billion won and an operating profit of 9.6 billion won, successfully turning a profit compared to the previous quarter. Profitability recovered rapidly due to the reflective benefits of supply instability caused by geopolitical issues in the Middle East, along with expanded sales of high-value PG (Propylene Glycol).The glass substrate business is picking up speed in preparation for customer reliability evaluations. The company is establishing its production foundation in stages by enhancing product design completeness while upgrading manufacturing data management and operating systems. To strengthen manufacturing reliability, it has also expanded its ecosystem collaborations. In the second quarter, the company plans to produce samples for reliability evaluation and review new projects currently under discussion with multiple clients.The positive momentum in each business sector is expected to continue in the second quarter. The secondary battery materials business expects continued revenue growth as major customers begin full operation of new lines and ESS sales expand. The Malaysia plant is expected to enter a "full operation" phase, aiming for a production and sales ratio of over 70%. The semiconductor materials business plans to invest in expanding its first plant and constructing a second plant in Vietnam based on its stable growth foundation.Meanwhile, the capital increase intended to accelerate the glass substrate business and improve the financial structure is proceeding smoothly. A recent demand survey for the employee stock ownership plan showed an oversubscription of 132% relative to the allocated volume, confirming employees' confidence in the company’s future growth potential.An SKC official stated, “Achieving a positive EBITDA in the first quarter is a meaningful achievement that confirms the recovery of the fundamental competitiveness of our core businesses.” They added, “We anticipate gradual performance improvements under a management policy focused on cash generation and profitability. We plan to successfully finalize the ongoing capital increase to enhance financial stability and accelerate our momentum for securing future growth engines.” [End] 2026-04-27

SKC Appoints Kim Jong-woo as CEO... "Fully Committed to Enhancing Shareholder Value through Stability, Recovery, and Growth" ● Holds the 53rd Annual General Meeting on the 26th... Launches new leadership to drive a swift turnaround.● CEO Kim hosts a 'Shareholder Dialogue'... Communicates current management status and shares the future vision for new businesses.● CFO Park Dong-joo appointed as an inside director, and Chairwoman Chae Eun-mi reappointed... Continuing to strengthen board functions based on expertise.SKC officially launched its new leadership system by holding its 53rd Annual General Meeting and board of directors meeting at its headquarters in Jung-gu, Seoul, on the 26th, appointing President Kim Jong-woo as the new Chief Executive Officer (CEO).CEO Kim Jong-woo has previously served as a strategy executive at SKC and as the head of its investment companies, possessing a profound understanding of the group's overall business operations and outstanding execution capabilities. Drawing on his accumulated experience, he is widely regarded as the ideal leader to strengthen the fundamentals of existing businesses and ensure the successful establishment of new future ventures, such as glass substrates.Immediately following the general meeting, CEO Kim actively engaged with shareholders by directly hosting a shareholder dialogue session. During this event, he transparently shared the company's current management status and outlined three core missions for SKC's leap forward: "Stability, Recovery, and Growth."In particular, he provided a detailed explanation of specific investment plans to secure future growth engines and measures to improve the company's financial structure. First, SKC will allocate approximately 590 billion won of the 1 trillion won secured through its rights issue to its core new business, glass substrates (Absolics). Around 470 billion won will be assigned to capital expenditures (CAPEX) and 120 billion won to operating expenses (OPEX) to accelerate commercial production at the Georgia plant in the U.S., foster collaboration with global partners (AMAT), and upgrade equipment.The remaining 410 billion won will be utilized for debt repayment to proactively enhance financial soundness. By drastically lowering the debt-to-equity ratio from the current 233% to 142%, the company aims to raise expectations for credit rating improvements and firmly establish its capacity for high-quality financing and additional future investments.Furthermore, a turnaround (recovery) roadmap for existing businesses was unveiled. The copper foil business plans to restore profitability through cost structure improvements centered on its Malaysian plant, while the semiconductor materials business aims to solidify its high-profitability trajectory by expanding its Vietnamese plant and increasing sales of high-value-added test sockets for HBM.Additionally, at the general meeting, CFO Park Dong-joo—a financial expert with extensive experience in investment and portfolio planning at SK Inc., who was appointed as SKC's CFO late last year—was appointed as an inside director. Two independent directors whose terms were expiring were also reappointed, in recognition of their professional expertise and contributions to strengthening the board's capabilities.Meanwhile, at the board of directors meeting held immediately after the general meeting, the current Chairwoman of the Board, independent director Chae Eun-mi, was reappointed to the position. Having served as the first Korean branch manager of FedEx Korea, a global express transportation company, Chairwoman Chae has contributed to strengthening the board's functions by providing expert advice and oversight on SKC's major decisions, grounded in her expertise in labor relations and global management experience. [End] 2026-03-26

SKC Raises 1 Trillion Won to Secure Future Growth Engines... A Bold Move to Dominate the Glass Substrate Market ●Resolves a rights issue of approximately 1 trillion won... Largest shareholder SK Inc. announces active participation.●Approximately 590 billion won allocated to 'Absolics' product development... Reflects strong commitment to accelerating the business.●Approximately 410 billion won to be utilized for debt repayment... "Securing future growth engines while strengthening internal stability."SKC is embarking on a large-scale fundraising initiative to accelerate the growth of its future businesses and strengthen its financial soundness.On the 26th, SKC announced that its board of directors held a meeting and resolved on a rights issue of approximately 1 trillion won. Through this, SKC plans to enhance its execution capabilities in the next-generation materials business, such as glass substrates, and simultaneously improve its financial structure to leap forward as a global advanced materials company. On the same day, the largest shareholder, SK Inc. (40.64% stake), also announced its participation in an oversubscription (120% of its allocated shares), citing the strong growth potential of SKC’s semiconductor materials business.The rights issue will be conducted through a shareholder allocation followed by a general public offering of forfeited shares. The record date for the allotment of new shares is April 7, and the subscription period for existing shareholders will take place over two days starting May 14. The issue price is expected to be finalized in mid-May.Around 60% of the funds secured through this rights issue, amounting to approximately 590 billion won, will be invested in product development at Absolics, SKC’s glass substrate investment company. Recently, Absolics has made meaningful progress in product development for global Big Tech clients. Under the leadership of the new CEO Kang Ji-ho, a former Intel and SK Hynix executive, the company is focusing on strengthening its execution capabilities by consolidating the expertise of professional engineers.Moving forward, Absolics plans to implement a "Two-Track" strategy to achieve timely market entry, simultaneously developing the "Embedding" method—a high-end product for AI data centers—and the "Non-Embedding" method, which allows for faster commercialization. Furthermore, the company aims to solidify its technological superiority by building an ecosystem with various stakeholders and partners.The remaining amount of approximately 410 billion won will be used to repay borrowings to enhance financial soundness. The company plans to prioritize repaying maturing debts to reduce financial costs and improve its debt-to-equity ratio. In fact, following this rights issue, SKC’s debt ratio is projected to drop significantly from approximately 230% at the end of 2025 to the low 140% range.With a more robust financial foundation, coupled with a recovery in its core copper foil business and strong performance in the semiconductor materials sector, SKC's fundamentals are expected to be further strengthened.In particular, ISC, which achieved record-high earnings last year driven by expanded sales of products for AI data centers, is expected to continue its high growth this year on the back of the booming semiconductor demand. In addition, SK nexilis is attempting a rebound through cost structure improvements centered on its Malaysian operations and the expansion of Energy Storage System (ESS) demand in North America.An SKC official stated, "This rights issue is designed to support the definitive growth of future businesses, including semiconductor materials, and to build a solid foundation for the company. By utilizing the secured resources, we will accelerate the growth of Absolics and make our utmost efforts to enhance shareholder and corporate value." [End] 2026-02-26

SKC, 2025 Financial Results Announcement… “Strengthening Business and Financial Stamina for Mid-to-Long Term Growth” ● Annual financial results announced on the 5th… External growth trend as revenue from core businesses rises● Secondary battery material revenue rises toward North America… Semiconductor material business achieves record-high annual performance● New CEO with semiconductor expertise recruited for Absolics… Aiming for phased progress by consolidating professional capabilitiesSKC announced on the 5th that it recorded consolidated annual revenue of 1.84 trillion won and an operating loss of 305 billion won for 2025. Despite the changing market environment, revenue from core businesses has risen for two consecutive years, continuing the trend of external growth.Looking at each business segment, the secondary battery material business established itself as a new growth engine, with sales of copper foil for North American ESS (Energy Storage System) surging by 133% compared to the previous year. In addition, sales of copper foil for electric vehicles also increased by 61% annually due to expanded demand following the expansion of major customers' US plants.The semiconductor material business achieved record-high annual performance thanks to the demand for high-value-added products for AI data centers. In particular, the operating profit in the fourth quarter rose by 25.9% compared to the previous quarter, continuing the high-growth trend. The glass substrate business being conducted at the Georgia plant in the US achieved results in securing positive feedback from customers as a result of prototype simulation evaluations.However, in the fourth quarter, one-time expenses of 316.6 billion won, such as impairment of tangible assets for the purpose of process efficiency in the secondary battery and chemical businesses, were reflected, leading to an expanded pre-tax loss. However, SKC believes it will be able to alleviate the burden of fixed costs in the future through preemptive asset restructuring.Efforts to strengthen financial soundness along with asset structure improvement are also prominent. SKC has focused on liquidity management by securing a total of 893.3 billion won in cash annually through the issuance of perpetual exchangeable bonds (EB) and asset securitization of non-core businesses.SKC plans to focus on profit recovery and enhancing financial stability through profitability-centered business operations this year. It plans to strengthen the management system centered on financial stamina and liquidity management until a complete profit turnaround and the full settlement of the glass substrate business.The secondary battery material business will focus on operational efficiency based on the full-scale operation of the Malaysia plant and plans to raise annual sales by approximately 50% compared to the previous year in response to the expansion of global core customers' North American production bases.The semiconductor material business will continue high growth of more than 20% compared to the previous year due to the continuous expansion of demand for AI data centers, and at the same time, it plans to promote the expansion of its product portfolio through joint development with customers and the expansion of production capacity in Vietnam.The glass substrate business puts weight on enhancing execution. At the end of last year, SKC appointed CEO Kang Ji-ho, an expert from Intel and SK Hynix, and is accelerating the execution speed as an overwhelming front-runner by consolidating professional engineering capabilities. In particular, this year, it plans to make step-by-step progress through reliability tests with customers. SKC believes that glass substrates will become a 'game changer' in the semiconductor ecosystem and judges that it will be able to maintain a clear differentiation and technical gap with latecomers by aiming for high-value-added high-end product development.An SKC official said, "Along with short-term performance management, we will closely examine the overall business structure and cost/expense structure from a more fundamental perspective," and "We will do our best to prepare a sustainable growth foundation so that we can continue our mid-to-long-term growth story." 2026-02-05

SKC Announces 2026 Organizational Restructuring and Annual Executive Appointments l Streamlined organizational structure to strengthen execution; new leaders appointed with proven on-site operational and R&D expertisel SKC: “Restructuring to respond more agilely to market conditions and reinforce fundamental competitiveness through organizational transformation” SKC announced its 2026 annual executive appointments aimed at reinforcing fundamental competitiveness in its core businesses amid rapidly changing market conditions. The appointments focus on a strategic realignment of leadership to streamline the organizational structure and strengthen execution. SKC also appointed new leaders with extensive on-site experience and strong R&D capabilities. As part of the annual appointments, SKC appointed Park Dong-ju as Chief Financial Officer (CFO) to accelerate efforts to enhance financial soundness and optimize the business structure. Park, a finance specialist who led key financial strategies at SK Inc., will focus on strengthening SKC’s business fundamentals. The company has strengthened leadership to drive momentum in the glass substrate business. SKC appointed Kang Ji-ho as the new CEO of Absolics. Kang brings 15 years of semiconductor technology and operations experience from Intel and, most recently, led C&C (Cleaning & CMP) process technology at SK hynix. He is expected to further enhance the competitiveness of the business. Leadership integration has also been reinforced to accelerate performance across core businesses. Kim Jong-woo, President and CEO of SKC, will concurrently serve as CEO of SK Nexilis, spearheading competitiveness in the battery materials segment. Park Dong-ju, the newly appointed CFO of SKC, will also concurrently serve as CFO of SK Nexilis to improve the efficiency of financial operations. An SKC official said, “With this organizational restructuring and executive appointments, we have established a structure that enables us to respond more agilely to evolving market conditions.” The official added, “We will continue our efforts to strengthen our organizational foundation for sustainable growth.” [End] [SKC Executive Appointments for 2026] △ CEOs of Subsidiaries ▲ Kim Jong-woo, CEO, SK Nexilis (Concurrently President & CEO, SKC) ▲ Kang Ji-ho, CEO, Absolics ▲ Chang Ji-hyup, CEO, SK picglobal △ New Appointment ▲ Park Dong-ju, Chief Financial Officer (CFO), SKC 2025-12-08

SKC Announces 2026 Organizational Restructuring and Annual Executive Appointments l Streamlined organizational structure to strengthen execution; new leaders appointed with proven on-site operational and R&D expertisel SKC: “Restructuring to respond more agilely to market conditions and reinforce fundamental competitiveness through organizational transformation” SKC announced its 2026 annual executive appointments aimed at reinforcing fundamental competitiveness in its core businesses amid rapidly changing market conditions. The appointments focus on a strategic realignment of leadership to streamline the organizational structure and strengthen execution. SKC also appointed new leaders with extensive on-site experience and strong R&D capabilities. As part of the annual appointments, SKC appointed Park Dong-ju as Chief Financial Officer (CFO) to accelerate efforts to enhance financial soundness and optimize the business structure. Park, a finance specialist who led key financial strategies at SK Inc., will focus on strengthening SKC’s business fundamentals. The company has strengthened leadership to drive momentum in the glass substrate business. SKC appointed Kang Ji-ho as the new CEO of Absolics. Kang brings 15 years of semiconductor technology and operations experience from Intel and, most recently, led C&C (Cleaning & CMP) process technology at SK hynix. He is expected to further enhance the competitiveness of the business. Leadership integration has also been reinforced to accelerate performance across core businesses. Kim Jong-woo, President and CEO of SKC, will concurrently serve as CEO of SK Nexilis, spearheading competitiveness in the battery materials segment. Park Dong-ju, the newly appointed CFO of SKC, will also concurrently serve as CFO of SK Nexilis to improve the efficiency of financial operations. An SKC official said, “With this organizational restructuring and executive appointments, we have established a structure that enables us to respond more agilely to evolving market conditions.” The official added, “We will continue our efforts to strengthen our organizational foundation for sustainable growth.” [End] [SKC Executive Appointments for 2026] △ CEOs of Subsidiaries ▲ Kim Jong-woo, CEO, SK Nexilis (Concurrently President & CEO, SKC) ▲ Kang Ji-ho, CEO, Absolics ▲ Chang Ji-hyup, CEO, SK picglobal △ New Appointment ▲ Park Dong-ju, Chief Financial Officer (CFO), SKC 2025-12-01

SKC

Newsroom