SKC corrected its decision on a debt guarantee for borrowings of subsidiary Absolics Inc. (guarantee amount KRW 272.4 billion, 8.50% of equity).

SKC corrected a disclosure of September 22, 2026 on a decision to guarantee debt to third parties. The subsidiary Absolics Inc. is borrowing $174,000,000 (approximately KRW 240.9 billion) from the Industrial Bank of Korea, Shinhan Bank and Kookmin Bank, which SKC guarantees; the guarantee amount is $196,800,000 (approximately KRW 272.4 billion). The company said it corrected the guarantee period for the maturity extension of the existing debt guarantee from October 2, 2026 to October 20, 2027 in consideration of domestic and international holiday schedules.

1. 01

   SKC decided to guarantee debt for $174,000,000 in borrowings by subsidiary Absolics Inc., with the Industrial Bank of Korea, Shinhan Bank and Kookmin Bank as creditors.

2. 02

   This decision is a maturity extension of 3 existing debt guarantees, and the guarantee period was corrected in consideration of domestic and international holiday schedules.

3. 03

   The decision was made at a board meeting on September 22, 2026, with 4 outside directors in attendance.

4. 04

   SKC's equity (on a consolidated financial statement basis as of end-2025, reflecting changes from paid-in capital increase) is approximately KRW 3.2068 trillion.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Debt (borrowing) amount

KRW 240.8682 billion (approximately KRW 240.9 billion)

Debt guarantee amount

KRW 272.4 billion (approximately KRW 272.4 billion)

As a percentage of equity

8.50%

Debt guarantee period

October 2, 2026~October 20, 2027

Total outstanding debt guarantee

KRW 307 billion (approximately KRW 307 billion)

Filing facts

Filing type

Debt Guarantee or Loan

Report name

[Amended] Decision on Debt Guarantee for Others

Filed

Oct 8, 2026

Receipt number

20261008800891