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• 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]
• SK Nexilis to Showcase Next-Generation Copper Foil Solutions at InterBattery 2026 ● Exhibiting seven flagship copper foil products at COEX (March 11–13), offering a comprehensive view of technological evolution●​ Introducing next-gen technologies, including current collectors for all-solid-state and lithium-metal batteries●​ Presenting expansion possibilities from EVs to ESS, drones, robotics, and aerospaceSK Nexilis, the copper foil investment arm of SKC for secondary batteries, will participate in InterBattery 2026 at COEX in Samseong-dong, Seoul, from March 11 to 13. The company plans to unveil its world-class copper foil technology and comprehensive product lineup.Under the theme "SK Nexilis bridges the future," the company has designed its exhibition to provide a panoramic view of the evolution of copper foil, which has advanced in sync with the rapidly changing downstream industries.In the first section, the Highlight Zone, SK Nexilis will display a massive roll of wide-format copper foil. Measuring only 4 micrometers (\mu m) thick—about 1/30th the thickness of a human hair—the roll spans 1,400 mm in width and 5 km in length. SK Nexilis’s ability to manufacture such thin foil in wide and long formats is a core competitive advantage that significantly boosts productivity for battery manufacturers.The second section, the Tech Zone, will showcase the company’s flagship products. Visitors can explore a diverse range of copper foil solutions, including standard foils for secondary batteries, high-strength products, and high-elongation foils essential for next-generation cylindrical batteries. The manufacturing process for these products will also be presented via video demonstrations.The exhibition also features cutting-edge R&D achievements linked to future technologies. These include high-adhesion copper foil compatible with next-generation dry-coating battery manufacturing, corrosion-resistant current collectors for fire-safe all-solid-state batteries, and collectors for lithium-metal batteries. Through these innovations, SK Nexilis aims to demonstrate the scalability of its copper foil business beyond EV batteries into applications such as Energy Storage Systems (ESS), drones, defense, robotics, and aerospace."Through this exhibition, we intend to solidify our position as a leading provider of future infrastructure materials that drive mobility innovation," said an SK Nexilis official. "We will actively promote our product lineup and technological prowess to global customers and partners, expanding opportunities for technical collaboration through tailored solutions."