SK said in a October 29, 2026 filing that it plans to make its subsidiary SK Signet a wholly owned subsidiary through a small-scale share exchange paid in cash, and then sell its SK Signet stake to SK Electlink.

The company said it classifies its electric vehicle charger manufacturing business as a non-core business. To reallocate capital and management resources toward its core businesses, it is pursuing a plan to make SK Signet a wholly owned subsidiary and then sell its stake. The company said the cash exchange consideration is KRW 8,200 per share, and that this amount is the same as the price of its 1st and 2nd tender offers. The external appraiser the company selected, Ernst & Young Han Young, gave an opinion that the exchange ratio is fair.

1. 01

   SK said it is pursuing a share exchange to acquire all outstanding shares of its subsidiary SK Signet without issuing new shares, paying KRW 8,200 in cash per share, under the small-scale share exchange procedure.

2. 02

   SK approved a resolution to sign a share purchase agreement with SK Electlink on October 29, 2026 to sell its SK Signet stake. The company said the sale is scheduled to take place on Q1 2027.

3. 03

   According to the company's filing, SK Signet is scheduled to be delisted and converted into an unlisted company. Trading suspension is scheduled to run from December 30, 2026 to January 20, 2027.

4. 04

   Shareholders will not have share purchase rights in SK. The period for receiving notice of dissent runs from November 13, 2026 to November 27.

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

Exchange ratio (SK : SK Signet)

1 : 0.0160430

Cash payment per SK Signet share

KRW 8,200

SK exchange value (per share)

KRW 511,127

Share exchange contract date

October 30, 2026

Exchange and transfer date

January 5, 2027

Cash payment amount (as stated in filing)

About KRW 7.3 billion

Filing facts

Filing type

Share Exchange or Transfer

Report name

Decision on Share Exchange or Transfer

Filed

Oct 29, 2026

Receipt number

20261029000607