SK Telecom : RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS - Form 6-K

RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

1.	Approval of Financial Statements for the 39th Fiscal Year : Approved as originally submitted

The 39th Fiscal Year (Fiscal Year ended December 31, 2022) (in millions of Won, except for basic earnings per share)
Consolidated		- Total Assets			31,308,262			- Operating Revenue			17,304,973
	- Total Liabilities			19,153,066			- Operating Income			1,612,070
	- Share Capital			30,493			- Profit for the Year			947,831
	- Total Equity			12,155,196			- Basic Earnings per Share (Won)			4,118
Separate		- Total Assets			26,432,121			- Operating Revenue			12,414,588
	- Total Liabilities			16,048,739			- Operating Income			1,321,131
	- Share Capital			30,493			- Profit for the Year			869,490
	- Total Equity			10,383,382			- Basic Earnings per Share (Won)			3,921
(1) Prepared in accordance with International Financial Reporting Standards as adopted in Korea
(2) Opinion of independent auditors: Qualified
< Approval of Cash Dividends> (in Won, except for percentages)
Cash Dividends		Dividend per Share			Common Stock			Year-end Dividend			830
	Interim Dividends			2,490
	Total Cash Dividend						723,842,160,870
	Market Dividend Rate (%) (including interim dividend)						Common Stock			6.8
					Preferred Stock			-

2.	Grant of Stock Options : Approved as originally submitted

A.

Recipients of Stock Options

Name		Position		Number of shares issuable
	Type of shares		Number of shares
Kang, Jong Ryeol		Head of ICT Infrastructure Center		Registered common shares			22,000
Lim, Bong Ho		Head of Customer CIC		Registered common shares			12,000
Kim, Kyeong Deog		Head of Enterprise CIC		Registered common shares			12,000
Lee, HyunA		Head of Communication Service		Registered common shares			12,000
Cho, Dong Hwan		Head of Cloud Technology		Registered common shares			12,000
Han, Myung Jin		Head of Corporate Strategy		Registered common shares			12,000
Kim, Hyuk		Head of Media Partnership		Registered common shares			12,000
Kim, Jinwon		Head of Corporate Planning		Registered common shares			12,000
Ha, Min Yong		Head of Corporate Development		Registered common shares			12,000
Park, Yong Joo		Head of ESG		Registered common shares			12,000
Cho, Young Log		Head of Corporate Relations		Registered common shares			12,000
Kim, Heesup		Head of Communications		Registered common shares			12,000
Ahn, Jungwhan		Head of Corporate Culture		Registered common shares			12,000
Kim, Yonghun		Head of A. Product		Registered common shares			12,000
Jang, Hyunki		Head of Digital Innovation CT		Registered common shares			12,000
Total:		Registered common shares			190,000

B.

Conditions of Stock Options to be Granted

•

Method of grant: allotment of treasury shares, cash settlement

•

Type and number of shares issuable: 190,000 registered common shares

•

Grant date: March 28, 2023

•

Exercise period: March 29, 2025 - March 28, 2028

•

Exercise price: arithmetic mean of the volume weighted average closing prices of the two-month,one-month and one-week periods prior to the grant date

•

Other conditions

•

The stock options granted as described above will be cancelled if the recipient does not remain employed by the Company for at least two years from the grant date.

•

If the exercise price of the stock options is lower than the market price of common shares at the time of exercise, cash settlement of the difference is possible.

•

The exercise price and the number of stock options may be adjusted pursuant to the relevant stock option grant agreement or by resolution of the Board in the event of a change in the stock value due to the reasons of any capital increase, stock dividend, capital transfer of reserves, stock split, merger or spin-off after the grant date.

•

Other terms of the grant of stock options shall be governed by applicable law, the Company's articles of incorporation and the stock option grant agreement.

3.	Appointment of Independent Non-executive Directors

3-1. Appointment of an Independent Non-executive Director (Kim, Yong-Hak): Approved as originally submitted

3-2. Appointment of an Independent Non-executive Director (Kim, Junmo): Approved as originally submitted

3-3. Appointment of an Independent Non-executive Director (Oh, Haeyun): Approved as originally submitted

Name		Term		Business Experience		Remark
	Period		Contents
Kim, Yong-Hak		3 years		2020 - Present		Professor Emeritus, Yonsei University		Current Director
	2016 - 2020		President, Yonsei University
	2010 - 2012		Dean of Graduate School of Public Administration and College of Social Sciences, Yonsei University
	2004 - 2005		BK Planning Committee, Ministry of Education
Kim, Junmo		3 years		2016 - Present		Associate Professor of Electrical Engineering, KAIST		Current Director
	2009 - 2016		Assistant Professor of Electrical Engineering, KAIST
	2005 - 2009		Senior Researcher, Samsung Advanced Institute of Technology
Oh, Haeyun		3 years		2023 - Present		President, KAIST Artificial Intelligence Research Institute		Newly appointed
	2021 - 2023		Vice President, KAIST Artificial Intelligence Research Institute
	2020 - 2022		Civilian Committee Member, the Presidential Committee on the 4th Industrial Revolution
	2018 - Present		Director, KAIST Center for MARS Artificial Intelligence Research
				2008 - Present		Professor of Computing, KAIST

4.	Appointment of Members of the Audit Committee

4-1. Appointment of a Member of the Audit Committee (Kim, Yong-Hak): Approved as originally submitted

4-2. Appointment of a Member of the Audit Committee (Oh, Haeyun): Approved as originally submitted

Name		Term		Business Experience		Remark
	Period		Contents
Kim, Yong-Hak		3 years		2020 - Present		Professor Emeritus, Yonsei University		Current Director
	2016 - 2020		President, Yonsei University
	2010 - 2012		Dean of Graduate School of Public Administration and College of Social Sciences, Yonsei University
	2004 - 2005		BK Planning Committee, Ministry of Education
Oh, Haeyun		3 years		2023 - Present		President, KAIST Artificial Intelligence Research Institute		Newly appointed
	2021 - 2023		Vice President, KAIST Artificial Intelligence Research Institute
	2020 - 2022		Civilian Committee Member, the Presidential Committee on the 4th Industrial Revolution
	2018 - Present		Director, KAIST Center for MARS Artificial Intelligence Research
	2008 - Present		Professor of Computing, KAIST

5.	Approval of the Ceiling Amount of Remuneration for Directors : Approved as originally submitted

The number of directors and total amount and maximum authorized amount of compensation of directors are as follows:

		Fiscal year 2023		Fiscal year 2022
Number of directors		8		8
Number of independent non-executive directors		5		5
Total amount of remuneration paid to directors		-		Won 3,486,749,320
Total amount or maximum authorized amount of remuneration for directors		Won 12,000,000,000		Won 12,000,000,000