SK Networks

Creating Future Value through
Transparent Management

Governance

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Governance

SK Networks is implementing transparent management, centered around the Board of Directors, with a well-established advanced governance structure, including the establishment and operation of a Board Secretariat to support the Board’s activities. The Board is responsible for setting and evaluating the company's mid- to long-term strategies and annual business plans. It also deliberates on critical individual issues and oversees major decisions to enhance corporate value. It also Furthermore, the Board deliberates and approves investment plans, internal transactions, and other issues involving conflicts of interest and compensation, while also managing overall risks.
In addition, to protect long-term corporate value, the Board independently assesses the potential positive and negative impacts its decisions may have on stakeholders. SK Networks is dedicated to reinforcing Board-driven responsible management, aiming to create a healthier future value through transparent operations that serve the interests of our customers and investors.

Greater professional insight/diversity in BoD

SK Networks appoints directors having professional credentials for legal affairs, finance/accounting, marketing, etc. and ESG insight, offering training opportunities such as seminars, third party lectures, etc. in a bid to empower them continuously. Outside directors are also selected considering their nationality, gender and age to ensure greater diversity in board representation. Outside directors with even wider diversity and professional competences required for developing/executing mid to long-term strategy of the company will continue to be identified way forward.

The table provides information for board expertise, diversity expansion and consists of plans from 2023, 2024 to 2026, and 2027.
Year	~ 2023	2024 ~ 2026	2027 ~
Diversity	One person^¹⁾	More than one person	More than two people
Professionalism^²⁾	Two people	Two people	More than two people

1) Appointment of a female outside director (March, 2021)
2) Environment/Social/Governance, Investment, Industry/Tech, etc.

To strengthen the board’s independence

As of March 2024, our Board is composed of seven directors, four of whom (57.1% of the total) are independent. We have appointed an independent directors as the Chairman of the Board, distinct from the CEO role, to ensure impartiality and effective governance. In addition, the chairs of all key committees under the Board, including Strategy∙ESG Committee the HR Committee, and the Audit Committee, are independent director. This structure ensures rigorous scrutiny and oversight of significant management activities, thereby fostering a healthier future value for customers and investors through transparent management. Additionally, SK Networks confirms that all independent directors maintain no special relationships with SK Networks or any related entities to preserve the Board’s independence. Independent directors are also strictly prohibited from engaging in transactions with SK Networks, either on their own behalf or for third parties, without prior approval from the Board.

Board of Directors

Regulations of the Board of Directors

Inside Director

CEO / President

Lee, Hojeong

Date of
appointment 2023.03
Term 3 years

Director

Choi, Sunghwan

Date of
appointment 2022.03
Term 3 years

Non Executive Director

Non Executive Director

Lee, Sunghyung

Date of
appointment 2023.03
Term 3 years

Outside Director

Chairman of the Board of Directors

Chai, Sooil

Date of
appointment 2023.03
Term 3 years

Profile

Former) financial institution representative, Boston Consulting Group in Asia Pacific

Outside Director

Jeong, Seokwoo

Date of
appointment 2022.03
Term 3 years

Profile

Professor, school of Business Administration Korea University
Non-Standing Commissioner, Securities and Futures
Committee of Financial Services Commission
President, Korea Accounting Association

Outside Director

Lee, Moonyoung

Date of
appointment 2024.03
Term 3 years

Profile

Associate Professor of Accounting, Duksung Women’s University
Supervisory Commissioner, Financial Services Commission
Financial Plan Deliberation Commissioner, Dobong-gu (District)

Outside Director

Chang, Hwajin

Date of
appointment 2024.03
Term 3 years

Profile

President, Confluent Korea
President, Google Cloud Korea
Chief strategy officer, Microsoft Asia Pacific
CEO / President, IBM Korea

History of Board of Directors (Board) meetings

To strengthen ESG insight within the board of directors (BoD) and upgrade ESG performance standards, SK Networks will incrementally expand the scope of ESG agenda reporting/discussion in pursuit of both qualitative and quantitative improvement.

Goals and roadmap for expansion of ESG agenda discussion within the board of directors

The table provides information on the target of expanding ESG discussions within the board of directors and consists of categories (agenda, cycle), plans from 2022, 2023, 2025, and 2026.
	2023	2024 ~ 2025	2026 ~
Agenda	Reporting on the annual SK Group's ESG key performance indicators, etc.	Reporting and discussion of ESG	Reporting and deepening the discussion of ESG
Period	third a year	at least twice a year	at least twice a year

2024

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This table provides information on the activities of the board of directors in 2024 and consists of the meeting, opening date, details of the agenda, attendance status, classification, and approval.
Round	Date	Agenda Items	Attendees	Type	Approval/ Rejection
1	Jan. 08	Reporting on the Audit Committee’s review findings for Q4 2023	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Introduction (plan) of independent director reappointment process		Reported	-
		Manager appointment		Resolved	Approved
		Buyback of SK Rent-a-Car’s treasury stock		Resolved	Approved
2	Jan. 25	2023 evaluation for the Representative Director	internal directors 2 non-executive director 1 outside directors 4	Resolved	Approved
2	Jan. 25	Remuneration for the Representative Director		Resolved	Approved
3	Feb. 13	Reporting of 2023 business performance	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Reporting of the BoD evaluation (pending)		Reported	-
		Approval of the financial statements for the 71st period (year 2023)		Resolved	Passed with condition
		Approval of the business report for the 71st period (year 2023)		Resolved	Passed with condition
		Disposition of treasury shares		Resolved	Approved
		Authorization of debenture issuance limits		Resolved	Approved
		Approval of 2024 business plan		Resolved	Approved
		Development of 2024 CEO KPIs		Resolved	Approved
		Retirement of treasury shares		Resolved	Approved
		Approval of 2023 dividend payment (pending)		Resolved	Approved
4	Mar. 11	Reporting of 2023 internal accounting control system operation status	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Reporting of 2023 internal accounting control system operation status evaluation		Reported	-
		Reporting of the BoD evaluation results		Reported	-
		Approval of changes to the business report for the 71st period (year 2023)		Resolved	Approved
		Convocation of the regular shareholders’ meeting for the 71st period (year 2023)		Resolved	Approved
5	Mar. 27	Appointment of the BoD Chairman	internal directors 2 outside directors 3	Resolved	Approved
		Organization of the Committees		Resolved	Approved
		Amendment to the BoD Regulations		Resolved	Approved
		Amendment to the ESG Management Committee Regulations		Resolved	Approved
		Amendment to the HR Committee Regulations		Resolved	Approved
		Long-term bonus payable to the CEO in 2024		Resolved	Approved
6	Apr. 22	Audit Committee’s review findings for Q1 2024	internal directors 2 non-executive director 1 outside directors 4	Reported	-
		Approval of 2024 safety and health plan		Resolved	Approved
		Delegation of loan limit		Resolved	Approved
		Approval of introducing the PSU (Performance Stock Unit) system		Resolved	Approved
7	May. 13	Reporting on Q1 2024 earnings	internal directors 2 non-executive director 1 outside directors 4	Reported	-
		Reporting on the conclusion of an agreement for comprehensive auditing of subsidiaries		Reported	-
		Reporting on 2024 PSU operation		Reported	-
		Disposition of treasury stock		Resolved	Approved
		Sale of Anseong Distribution Center		Resolved	Approved
8	Jun. 17	Approval of the split-off plan	internal directors 2 non-executive director 1 outside directors 4	Resolved	Approved
8	Jun. 17	Convocation of an extraordinary shareholders’ meeting		Resolved	Approved
9	Jun. 20	Report on the performance and plans for compliance support activities/ voluntary fair trade compliance program	internal directors 2 non-executive director 1 outside directors 4	Reported	-
9	Jun. 20	Sale of SK Rent-a-Car shares		Resolved	Approved
10	Jul. 9	Investment in the SBVA AI fund	internal directors 2 non-executive director 1 outside directors 4	Resolved	Approved
		Renaming of the ESG Management Committee and amendment to its Rules		Resolved	Approved
		Amendment to the Corporate Governance Charter		Resolved	Approved
11	Aug. 12	Report on the 2024 Q2 deliberation results by the Audit Committee	internal directors 2 non-executive director 1 outside directors 4	Reported	-
		Report on the 2024 first-half business performance		Reported	-
		Relocation of the head office		Resolved	Approved
		Appointment of the general manager		Resolved	Approved
		Payment of interim dividend		Resolved	Approved
12	Sep. 2	Report on the 2024 BoD evaluation improvement (draft)	internal directors 2 non-executive director 1 outside directors 4	Reported	-
12	Sep. 2	Report on SpeedMate split-off progress and approval of the public notice		Resolved	Approved

This table provides information on the activities of the board of directors in 2023 and consists of the meeting, opening date, agenda content, attendance status, classification, and approval.
Round	Date	Agenda Items	Attendees	Type	Approval/ Rejection
1	Feb. 10	Reporting on the Audit Committee findings in Q4 2022	internal directors 2 non-executive director 1 outside directors 4	Reported	-
		Reporting on the 2022 annual business performance		Reported	-
		Reporting on the BoD evaluation (plan)		Resolved	Approved
		Approval of the 2022 (70th) financial statements		Resolved	Approved
		Approval of the 2022 (70th) business report		Resolved	Approved
2	Mar. 13	Reporting on 2022 operational practices of the Internal Accounting Control System	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Reporting on the evaluation of 2022 operational practices of the Internal Accounting Control System		Reported	-
		Reporting on BoD evaluation results		Reported	-
		Approval of the 2023 business plan		Resolved	Approved
		Approval of the consignment contract with SK Inc. for Information System Management		Resolved	Approved
		2022 evaluation and remuneration for the Representative Director		Resolved	Approved
		Disposition of treasury stock		Resolved	Approved
		Disposition of treasury stock		Resolved	Approved
		Issuance of unsecured corporate bonds		Resolved	Approved
		Approval of changes to the 2022 (70th) financial statements		Resolved	Approved
		Approval of changes to 2022 the (70th) business report		Resolved	Approved
		Convocation of the 2022 (70th) General Meeting of Shareholders		Resolved	Approved
		Conclusion of trust contract for treasury stock acquisition		Resolved	Approved
		Cancellation of treasury stock		Resolved	Approved
3	Mar. 29	Appointment of the Representative Director	internal directors 2 outside directors 5	Resolved	Approved
		Remuneration payable to the Representative Director		Resolved	Approved
		Approval of director concurrent titles		Resolved	Approved
		Establishment of Committees		Resolved	Approved
		Amendment of the Corporate Governance Charter		Resolved	Approved
		Amendment of the ESG Committee Regulations		Resolved	Approved
		Amendment of the HR Committee Regulations		Resolved	Approved
		Amendment of the Audit Committee Regulations		Resolved	Approved
4	May. 08	Reporting on the Audit Committee findings in Q1, 2023	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Reporting on the 2023 Q1 annual business performance		Reported	-
		Reporting on the results and plan for compliance support activities		Reported	-
		Reporting on the achievements and plan for the autonomous compliance program for fair trade		Reported	-
		Disposition of treasury stock		Resolved	Approved
		Approval of the safety and health plan		Resolved	Approved
		Composition of the ESG Committee		Resolved	Approved
		Establishment of 2023 CEO KPIs		Resolved	Approved
5	Jul. 21	Acquisition of en-core shares	internal directors 2 non-executive director 1 outside directors 5	Resolved	Approved
6	Aug. 9	Reporting on the Audit Committee findings in Q2, 2023	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		1st Half 2023 earnings report		Reported	-
		Approval of amendment to the representative director’s remuneration system		Resolved	Approved
		2023 performance-based long-term incentive for the representative director		Resolved	Approved
7	Aug. 18	Conclusion of all-inclusive exchange of shares agreement with SK Rent-a-car	internal directors 2 non-executive director 1 outside directors 5	Resolved	Approved
7	Aug. 18	Tender offer for SK Rent-a-car shares		Resolved	Approved
8	Sep. 20	Reporting on 2023 BoD Evaluation (Draft)	executive directors 2 other non-executive director 1 independent directors 5	Reported	-
		Reporting on 2023 CEO Evaluation Items Review		Reported	-
		Termination of stock trust agreement for purchasing the treasury stock		Resolved	Approved
9	Nov. 08	Reporting on the Audit Committee’s review findings for Q3 2023	internal directors 2 non-executive director 1 independent directors 5	Reported	-
		Q3 2023 earnings report		Reported	-
		Approval of director concurrent titles		Resolved	Approved
10	Dec. 14	Reporting on the 2023 Culture Survey results	internal directors 2 non-executive director 1 independent directors 5	Reported	-
		Approval of transaction with SK Inc. in 2024		Resolved	Approved
		Approval of billing with the largest shareholder		Resolved	Approved
		Approval of transaction with SK Pinx in 2024		Resolved	Approved
		Approval of transaction with SK Forest in 2024		Resolved	Approved
		Approval of transaction with SK E&S in 2024		Resolved	Approved
		Renewal of brand use contracts		Resolved	Approved
		Approval for modification of used car (business) transfer transaction with SK Rent-a-Car in 2023		Resolved	Approved
		Approval of a small-scale stock exchange with SK Rent-a-Car		Resolved	Approved
		Disposition of treasury stock		Resolved	Approved
		Participation in SK Electlink capital increase		Resolved	Approved

This table provides information on the activities of the board of directors in 2022 and consists of the meeting, opening date, details of the agenda, attendance status, classification, and approval.
Round	Date	Agenda Items	Attendees	Type	Approval/ Rejection
1	Feb. 10	Reporting on the Audit Committee findings in Q4, 2021	internal directors 2 outside directors 5	Reported	-
		Reporting on the 2021 annual business performance		Reported	-
		Approval of the 2021 (69th) financial statements		Resolved	Approved
		Approval of the 2021 (69th) business report		Resolved	Approved
		Approval of concluding the Acadia rent agreement		Resolved	Approved
		Conclusion of mutual partnership implementation agreement and agreement on SUPEX Council operating expenses		Resolved	Approved
		Sale of Seonhyewon properties		Resolved	Approved
		Assessment of the Representative Director’s performance in 2021		Resolved	Approved
		Remuneration payable to the Representative Director		Resolved	Approved
		Approval of the RSU (Restricted Stock Unit) system adoption		Resolved	Approved
2	Mar. 10	Reporting on 2021 operational practices of the Internal Accounting Control System	internal directors 2 outside directors 5	Reported	-
		Reporting on the evaluation of 2021 operational practices of the Internal Accounting Control System		Reported	-
		Disposition of treasury stock		Resolved	Approved
		Approval of the 2022 business plan		Resolved	Approved
		Issuance of unsecured corporate bonds		Resolved	Approved
		Convocation of the 2021 (69th) General Meeting of Shareholders		Resolved	Approved
3	Mar. 29	Establishment of Committees	internal directors 2 non-executive director 1 outside directors 5	Resolved	Approved
		Amendment of the Corporate Governance Charter		Resolved	Approved
		Amendment of the BoD Regulations		Resolved	Approved
		Amendment of the ESG Committee Regulations		Resolved	Approved
		Amendment of the HR Committee Regulations		Resolved	Approved
		Amendment of the Audit Committee Regulations		Resolved	Approved
4	May. 02	Reporting on the Audit Committee findings in Q1, 2022	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Reporting on the 2022 Q1 annual business performance		Reported	-
		Reporting on the results and plan for compliance support activities		Reported	-
		Reporting on the achievements and plan for the autonomous compliance program for fair trade		Reported	-
		Disposition of treasury stock		Resolved	Approved
		Approval of the safety and health plan		Resolved	Approved
		Composition of the ESG Committee		Resolved	Approved
		Establishment of 2022 CEO KPIs		Resolved	Approved
5	Jul. 29	Reporting on the Audit Committee findings in Q2, 2022	internal directors 2 non-executive director 1 outside directors 5	Reported	-
5	Jul. 29	1st Half 2022 earnings report		Reported	-
6	Aug. 23	Approval of investment in the EV charging business	internal directors 2 non-executive director 1 outside directors 5	Resolved	conditonal approval
6	Aug. 23	Disposal of Treasury stock		Resolved	Approved
7	Nov. 08	Reporting on the 2022 annual SK Group's ESG key indicators performance	internal directors 2 outside directors 5	Reported	-
		Reporting on the Audit Committee findings in Q3, 2022		Reported	-
		Reporting on the 2022 Q3 annual business performance		Reported	-
8	Nov. 28	Reporting on review findings of reappointing the Representative Director	internal directors 1 non-executive director 1 outside directors 5	Reported	-
		Reporting on review findings of Representative Director candidate nomination		Reported	-
		Approval of consignment transaction for car rental business management with SK Rent-a-car		Resolved	Approved
9	Dec. 26	Approval of transaction with SK Inc. in 2023	internal directors 2 non-executive director 1 outside directors 5	Resolved	Approved
		Approval of billing with the largest shareholder, etc.		Resolved	Approved
		Approval of transaction with SK pinx in 2023		Resolved	Approved
		Approval of transaction with SK forest in 2023		Resolved	Approved
		Approval of transaction with SK E&S in 2023		Resolved	Approved
		Approval for modification of used car (business) transfer transaction with SK Rent-a-car in 2022		Resolved	Approved
		Approval of used car (business) transfer transaction with SK Rent-a-car in 2023		Resolved	Approved
		Approval of director concurrent titles		Resolved	Approved
		Approval of transaction with SK enmove in 2023		Resolved	Approved
		Appointment of the Compliance Assistant		Resolved	Approved
		Approval of HR Committee's review findings		Resolved	Approved

This table provides information on the activities of the board of directors in 2021 and consists of the meeting, opening date, agenda content, attendance status, classification, and approval.
Round	Date	Agenda Items	Attendees	Type	Approval/ Rejection
1	Feb. 05	Reporting on the Audit Committee’s review findings for Q4 2020	internal directors 1 non-executive director 1 outside directors 4	Reported	-
		Annual management performance reporting of 2020		Reported	-
		Approval of financial statements for 2020 (68th)		Resolved	Approved
		Approval of business report for 2020 (68th)		Resolved	Approved
		Approval of transactions with SK pinx in 2021		Resolved	Approved
2	Mar. 10	Reporting on 2020 operational practices of the Internal Accounting Control System	internal directors 1 non-executive director 1 outside directors 4	Reported	-
		Reporting on the evaluation of 2020 operational practices of the Internal Accounting Control System		Reported	-
		Allocation of stock options		Resolved	Approved
		Calling the 68th General Meeting of Shareholders		Resolved	Approved
		Issuance of no-warranty bonds		Resolved	Approved
		Approval of the 2020 management plan		Resolved	Approved
		Conclusion of the lease contract with Acadia Training Center		Resolved	Approved
3	Mar. 29	Amendment of Board Regulations	internal directors 2 outside directors 5	Resolved	Approved
		Organization of the HR Committee		Resolved	Approved
		Organization of the ESG Management Committee		Resolved	Approved
		Approval of safety & health planning		Resolved	Approved
		Approval of director concurrent titles		Resolved	Approved
		Appointment of the Board’s chairperson		Resolved	Approved
4	May. 04	Reporting on the Audit Committee’s review findings for Q1 2021	internal directors 2 outside directors 5	Reported	-
		Q1 2021 earnings report		Reported	-
		Reporting on cost sharing for SUPEX Council operation in 2021		Reported	-
		Reporting on achievements and plans regarding compliance support activities/autonomous compliance program for fair trade		Reported	-
		Amendment of the Committee Regulations		Resolved	Approved
5	Jul. 06	Reporting on the Audit Committee’s review findings for Q2 2021	internal directors 2 outside directors 5	Reported	-
		Sale of Speedmate Dongwha Branch assets		Resolved	Approved
		Conclusion of a contract with SK pinx for the use of groupware		Resolved	Approved
		Reorganization of the trading business		Resolved	Approved
6	Aug. 02	1st Half 2021 earnings report	internal directors 2 outside directors 5	Reported	-
		Approval of used car (business) transfer contract in relation to the rent-a-car business		Resolved	Approved
		Sale of shenyang SK Networks energy Co., Ltd shares		Resolved	Approved
		Investment in kind for MINTIT business unit		Resolved	Approved
		Investment in kind for TIREPICK business		Resolved	Approved
7	Sep. 08	Sale of Dandong Logistics Corporation shares	internal directors 2 non-executive director 1 outside directors 5	Resolved	Approved
7	Sep. 08	Sale of real estate assets		Resolved	Approved
8	Nov. 05	Reporting on the Audit Committee’s review findings for Q3 2021	internal directors 2 non-executive director 1 outside directors 5	Reported	-
		Q3 2021 earnings reporting		Reported	-
		Approval of minority share investment limits		Resolved	Approved
9	Nov. 19	Participation in the capital increase of ZINUS Co., Ltd.	internal directors 2 non-executive director 1 outside directors 5	Resolved	Rejected
9	Nov. 19	MOU agreement for the acquisition of ZINUS shares		Resolved	Rejected
10	Dec. 01	Reporting on the Representative Director Assessment and Review for 2021	internal directors 2 non-executive director 1 outside directors 5	Reported	-
11	Dec. 23	Manager appointment	internal directors 2 non-executive director 1 outside directors 5	Resolved	Approved
		Approval of used car (business) transfer contract with SK Rent-a-car		Resolved	Approved
		Conclusion of SK Club operation contract		Resolved	Approved
		Approval of transaction with SK inc. in 2022		Resolved	Approved
		Approval of billing with the largest shareholder, etc.		Resolved	Approved
		Approval of transaction with SK pinx in 2022		Resolved	Approved

This table provides information on the activities of the board of directors in 2020 and consists of the meeting, opening date, details of the agenda, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Feb. 06	Reporting on the Audit Committee’s review findings for Q4 2019	internal directors 2 non-executive director 1 outside directors 5	-
		Annual management performance reporting of 2019		-
		Approval of financial statements for 2019 (67th)		Approved
		Approval of business report for 2019 (67th)		Approved
		Approval of used car (business) transfer contract with SK Rent-a-car		Approved
2	Mar. 04	Reporting on 2019 operational practices of the Internal Accounting Control System	internal directors 1 non-executive director 1 outside directors 5	-
		Reporting on the evaluation of 2019 operational practices of the Internal Accounting Control System		-
		Calling the 67th General Meeting of Shareholders		Approved
		Acquisition of treasury stocks		Approved
		Approval of the 2020 management plan		Approved
		Transfer of petroleum product retail business		Approved
		Calling an extraordinary meeting of shareholders		Approved
3	Mar. 25	Appointment of the Representative Director	internal directors 2 outside directors 4	Approved
		Organization of the Outside Director Candidate Nomination Committee		Approved
		Conclusion of the consignment contract with SK Inc. for Information System Management		Approved
		Appointment of the Board’s chairperson		Approved
4	Apr. 28	Reporting on the Audit Committee’s review findings for Q1 2020	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on achievements and plans regarding compliance support activities/autonomous compliance program for fair trade		-
		Management performance reporting of Q1 2020		-
		Cost sharing for SUPEX Council operation in 2020		Approved
5	May. 27	Relocation of the head office	internal directors 1 non-executive director 1 outside directors 4	Approved
6	Aug. 13	Reporting on the Audit Committee’s review findings for Q2 2020	internal directors 1 non-executive director 1 outside directors 4	-
6	Aug. 13	Management performance reporting of the first half 2020		-
7	Sep. 16	Participation in the capital increase of SK Rent-a-car	internal directors 2 non-executive director 1 outside directors 4	Approved
7	Sep. 16	Sale of real estate corporation shares in Dandong, China		Approved
8	Oct. 26	Reporting on the Audit Committee’s review findings for Q3 2020	internal directors 1 non-executive director 1 outside directors 3	-
		Management performance reporting of Q3 2020		-
		Sale of the company office building in Myeongdong		Approved
9	Nov. 25	Land donation for Walkerhill River Park development	internal directors 1 non-executive director 1 outside directors 4	Approved
10	Dec. 22	Manager appointment	internal directors 1 non-executive director 1 outside directors 4	Approved
		Approval of used car (business) transfer contract with SK Rent-a-car		Approved
		Renewal of brand use contracts		Approved
		Conclusion of SK Club operation contract		Approved
		Approval of transaction with SK Inc. in 2021		Approved
		Approval of billing with the largest shareholder, etc.		Approved
		Enactment of the Corporate Governance Charter		Approved
		Conclusion of agreement regarding SUPEX Council operation cost		Approved
		Sale of SK pinx shares		Approved

This table provides information on the activities of the board of directors in 2019 and consists of the meeting, opening date, details of the agenda, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Jan. 31	Annual management performance reporting of 2018	internal directors 2 non-executive director 1 outside directors 4	-
		Approval of financial statements for 2018 (66th)		Approved
		Approval of business report for 2018 (66th)		Approved
		Introduction of electronic voting system		Approved
		Approval of consignment for car rental business management		Approved
		Migration of overseas Magic business		Approved
		Manager appointment		Approved
2	Mar. 05	Reporting on the Audit Committee’s review findings for Q4 2018	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on 2018 operational practices of the Internal Accounting Control System		-
		Reporting on the evaluation of 2018 operational practices of the Internal Accounting Control System		-
		Calling the 66th General Meeting of Shareholders		Approved
		Issuance of no-warranty bonds		Approved
		Approval of the 2019 management plan		Approved
		Real estate purchase in Samcheong-dong		Approved
3	Mar. 22	Conclusion of a real estate lease contract with Chungcheong Energy Service	internal directors 1 outside directors 4	Approved
		Relocation of the metropolitan logistics center		Approved
		Representative Director appointment		Approved
		Appointment of the Board’s chairperson		Approved
4	Apr. 29	Reporting on the Audit Committee’s review findings for Q1 2019	internal directors 2 non-executive director 1 outside directors 5	-
		Annual management performance reporting of Q 2019		-
		Reporting on achievements and plans regarding compliance support activities/autonomous compliance program for fair trade		-
		Officer change of the autonomous compliance for fair trade		Approved
		Cost sharing for SUPEX Council operation in 2019		Approved
5	Jul. 30	Reporting on the Audit Committee’s review findings for Q2 2019	internal directors 1 outside directors 4	-
5	Jul. 30	Management performance reporting of Q2 2019	internal directors 1 outside directors 4	-
6	Sep. 23	Increase in the limit of the rent-a-car operating lease	internal directors 2 non-executive director 1 outside directors 5	Approved
		Rent-a-car business handover (investment in kind)		Approved
		Calling an extraordinary meeting of shareholders		Approved
7	Oct. 22	Reporting on the Audit Committee’s review findings for Q3 2019	internal directors 2 non-executive director 1 outside directors 5	-
7	Oct. 22	Management performance reporting of Q3 2019		-
8	Oct. 31	Approval of SSK business withdrawal	internal directors 2 non-executive director 1 outside directors 5	Passed with condition
9	Nov. 21	Sale of Mokgam Service Area shares	internal directors 2 non-executive director 1 outside directors 5	Approved
10	Dec. 20	Reporting on Northern Copper Industrial	internal directors 2 outside directors 4	-
		Conclusion of the lease contract with Acadia Training Center		Approved
		Conclusion of SK Club operation contract		Approved
		Approval of transaction with SK Inc. in 2020		Approved
		Approval of billing with the largest shareholder		Approved
		Manager appointment		Approved

This table provides information on the activities of the board of directors in 2018 and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Feb. 09	Reporting on the Audit Committee’s review findings	internal directors 2 non-executive director 1 outside directors 4	-
		Annual management performance reporting of 2017		-
		Approval of financial statements for 2017 (65th)		Approved
		Approval of business report for 2017 (65th)		Approved
		Manager appointment		Approved
2	Mar. 06	Reporting on 2017 operational practices of the Internal Accounting Control System	internal directors 2 non-executive director 1 outside directors 3	-
		Reporting on the evaluation of 2017 operational practices of the Internal Accounting Control System		-
		Reporting on the plan for improved Audit Committee operation		-
		Allocation of stock options		Approved
		Calling the 65th General Meeting of Shareholders		Approved
		Approval of the 2018 management plan		Approved
		Issuance of no-warranty bonds		Approved
		Sale of aircraft shares		Approved
		Petroleum product commerce		Rejected
3	Mar. 14	Change of calling the 65th General Meeting of Shareholders	internal directors 2 outside directors 4	Approved
4	Mar. 30	Organization of the Outside Director Candidate Nomination Committee	internal directors 2 outside directors 4	Approved
		Approval of contribution to SK Smile Microcredit Bank Foundation		Approved
		Conclusion of the real estate lease contract with Chungcheong Energy Service		Approved
5	Apr. 18	Management performance reporting of Q1 2018	internal directors 2 non-executive director 1 outside directors 3	-
		Cost sharing for SUPEX Council operation in 2018		Approved
		Appointment of the Compliance Assistant		Approved
		Approval of petroleum produce commerce with SK energy		Approved
6	Jul. 16	Reporting on the Audit Committee’s review findings	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on achievements and plans regarding compliance support activities		-
		Reporting on achievements and plans regarding the autonomous compliance program for fair trade		-
		Management performance reporting of the first half, 2018		Approved
		Approval of used car (business) transfer related to the rent-a-car business		Approved
		Sale of Wonju Logistics Center		Approved
7	Sep. 21	Acquisition of AJ ren-a-car shares	internal directors 2 non-executive director 1 outside directors 4	Approved
8	Nov. 05	Management performance reporting of Q3 2018	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on the Audit Committee’s review findings for Q3 2018		-
		Amendment of the Audit Committee Regulations		Approved
		Approval of budget execution to participate in social contribution		Approved
		Approval of terminal commerce		Approved
		Collateral cancellation in relation to Northern Copper Industrial		Approved
9	Dec. 21	Fund borrowing and offer of collateral	internal directors 2 outside directors 4	Approved
		Conclusion of the agreement regarding SUPEX Council operating cost		Approved
		Conclusion of the lease contract with Acadia Training Center		Approved
		Conclusion of SK Club operation contract		Approved
		Approval of transaction with SK Inc. in 2019		Approved
		Approval of billing with the largest shareholder		Approved

This table provides information on the activities of the 2017 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Feb. 06	Reporting on the Audit Committee’s review findings	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on 2016 operating achievements and 2017 plans regarding the autonomous compliance program (CP) for fair trade		-
		Annual management performance reporting of 2016		-
		Approval of financial statements for 2016 (64th)		Approved
		Approval of business report for 2016 (64th)		Approved
		Approval of billing with the largest shareholder		Approved
		Manager appointment		Approved
		Participation in the capital increase of SK pinx		Approved
		Approval of investment in Mokgam Service Area shares		Approved
2	Feb. 28	Reporting on 2016 operational practices of the Internal Accounting Control System	internal directors 2 non-executive director 1 outside directors 3	-
		Reporting on the evaluation of 2016 operational practices of the Internal Accounting Control System		-
		Calling the 64th General Meeting of Shareholders		Approved
		Approval of the 2017 management plan		Approved
		Long-term fund borrowing and offer of collateral		Approved
		Transfer of LPG business		Approved
		Amendment of the Board Regulations		Approved
3	Mar. 24	Appointment of the Representative Director	internal directors 2 outside directors 4	Approved
		Organization of the Outside Director Candidate Nomination Committee		Approved
		Approval of director concurrent titles		Approved
		Conclusion of a real estate lease contract with Chungcheong Energy Service		Approved
4	Apr. 27	Reporting on the Audit Committee’s review findings	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on achievements and plans regarding compliance support activities		-
		Management performance reporting of Q1 2017		-
		Conclusion of the agreement regarding SUPEX Council operating cost		Approved
		Cost sharing for SUPEX Council operation in 2017		Approved
		Conclusion of SK Club operation contract		Approved
5	May 22	Sale of the Bus Terminal office building in Shenyang, China	internal directors 2 non-executive director 1 outside directors 4	Approved
6	Jun. 27	Manager job description change	internal directors 2 non-executive director 1 outside directors 4	Approved
		Officer change of the autonomous compliance program for fair trade		Approved
		Approval of used car (business) transfer related to the rent-a-car business		Approved
7	Jul. 31	Collateral cancellation in relation to Northern Copper Industrial	internal directors 2 non-executive director 1 outside directors 4	Rejected
8	Aug. 10	Management performance reporting of the first half, 2017	internal directors 2 non-executive director 1 outside directors 4	-
		Transfer of wholesales business in the Energy Marketing sector		Approved
		Acquisition of treasury stocks		Approved
		Convocation of an extraordinary meeting of shareholders		Approved
		Reference date setup and closing of the stock book		Approved
9	Oct. 31	Reporting on the Audit Committee’s review findings	internal directors 2 non-executive director 1 outside directors 4	-
9	Oct. 31	Management performance reporting of Q3 2017		-
10	Dec. 21	Sale of the Bus Terminal corporation in Shenyang	internal directors 2 non-executive director 1 outside directors 4	Approved
		Approval of the aircraft co-maintenance deal		Approved
		Approval of transactions with SK infosec		Approved
		Approval of financial transaction limits with SK securities in 2018		Approved
		Conclusion of the agreement regarding SUPEX Council operating cost		Approved
		Renewal of brand use contracts		Approved
		Approval of transactions with SK Inc. in 2018		Approved
		Approval of the assets transaction with SK energy		Approved
		Approval of billing with the largest shareholder		Approved

This table provides information on the activities of the 2016 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Feb. 24	Reporting on the Audit Committee’s review findings for Q4 2015	internal director 1 non-executive director 1 outside directors 4	-
		Management performance reporting of 2015		-
		Reporting on 2015 operating achievements and 2016 plans regarding the autonomous compliance program (CP) for fair trade		-
		Approval of financial statements for 2015 (63rd)		Approved
		Approval of business report for 2015 (63rd)		Approved
		Manager appointment		Approved
		Officer change of the autonomous compliance for fair trade		Approved
2	Feb. 22	Reporting on 2015 operational practices of the Internal Accounting Control System	internal director 1 non-executive director 1 outside directors 4	-
		Reporting on the evaluation of 2015 operational practices of the Internal Accounting Control System		-
		Approval of the 2016 management plan		Approved
		Calling the 63rd General Meeting of Shareholders		Approved
3	Mar. 18	Reporting on 2015 achievements and 2016 plans regarding compliance support activities	internal director 1 outside directors 4	-
		Appointment of the Board’s chairperson		Approved
		Appointment of the Representative Director		Approved
		Approval of transactions with SK Inc. in Q2 2016		Approved
		Conclusion of a real estate lease contract with Chungcheong Energy Service		Approved
		Issuance of no-warranty bonds		Approved
		Long-term fund borrowing		Approved
		Approval of the car rental business consignment deal with Socar		Approved
4	Apr. 22	Management performance reporting of Q1 2016	internal director 1 non-executive director 1 outside directors 3	-
		Cost sharing for SUPEX Council operation in 2016		Approved
		Sale of SK Auto Service Hong Kong Limited shares		Approved
5	Jun. 24	Reporting on the Audit Committee’s review findings for Q1 2016	internal directors 2 non-executive director 1 outside directors 3	-
5	Jun. 24	Approval of transactions with SK Inc. in Q3 2016		Approved
6	Jul. 11	Approval of used car (business) transfer related to the rent-a-car business	internal directors 2 non-executive director 1 outside directors 3	Approved
6	Jul. 11	Approval of consignment for car rental business management with Radius Lab		Approved
7	Jul. 22	Reporting on achievements during the first half, 2016 and plans for the second half regarding the autonomous compliance program (CP) for fair trade	internal director 1 non-executive director 1 outside directors 4	-
7	Jul. 22	Management performance reporting of the first half, 2016		Approved
8	Sep. 24	Reporting on the Audit Committee’s review findings	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on the takeover of Dongyang Magic		-
		Approval of transactions with SK Inc. in Q4 2016		Approved
9	Sep. 30	Acquisition of Dongyang Magic shares	internal director 1 non-executive director 1 outside directors 4	Approved
10	Oct. 28	Management performance reporting of Q3 2016	internal directors 2 non-executive director 1 outside directors 3	-
10	Oct. 28	Approval of Walkerhill Resort Pool & SPA development and investment		Approved
11	Dec. 08	Approval of transactions with SK Inc. in 2017	internal directors 2 non-executive director 1 outside directors 4	Approved
		Approval of transactions with SK infosec		Approved
		Approval of the aircraft co-maintenance deal		Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in 2017		Approved
		Conclusion of a real estate lease contract with SK energy		Approved
		Transfer of fashion business		Approved

This table provides information on the activities of the 2015 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Jan. 22	Reporting on the takeover of KT rental	internal director 1 non-executive directors 2 outside directors 4	-
2	Feb. 04	Reporting on the Audit Committee’s review findings for Q4 2014	internal director 1 non-executive directors 2 outside directors 4	-
		Reporting on 2014 operating achievements and 2015 plans regarding the autonomous compliance program (CP) for fair trade		-
		Management performance reporting of 2014		-
		Approval of financial statements for 2014 (62nd)		Approved
		Approval of business report for 2014 (62nd)		Approved
		Approval of changes to fund investment		Approved
3	Feb. 26	Reporting on 2014 operational practices of the Internal Accounting Control System	internal director 1 non-executive directors 2 outside directors 4	Approved
		Reporting on the evaluation of 2014 operational practices of the Internal Accounting Control System		-
		Calling the 62nd General Meeting of Shareholders		Approved
		Approval of the 2015 management plan		Approved
4	Mar. 20	Reporting on 2014 achievements and 2015 plans regarding compliance support activities	internal directors 2 non-executive director 1 outside directors 4	-
		Appointment of the Board’s chairperson		Approved
		Appointment of the Representative Director		Approved
		Organization of the Outside Director Candidate Nomination Committee		Approved
		Conclusion of a real estate lease contract with Chungcheong Energy Service		Approved
		Approval of billing with the largest shareholder		Approved
		Approval of billing with SK C&C in Q2 2015		Approved
		Issuance of no-warranty bonds		Approved
		Appointment of the Compliance Assistant		Approved
5	Apr. 24	Management performance reporting of Q1 2015	internal directors 2 non-executive director 1 outside directors 4	-
		Cost sharing change for SUPEX Council operation in 2014		Approved
		Cost sharing for SUPEX Council operation in 2015		Approved
6	Jun. 24	Reporting on the Audit Committee’s review findings for Q1 2015	internal directors 2 non-executive director 1 outside directors 4	-
		Approval of billing with SK C&C in Q3 2015		Approved
		Approval of used car (business) transfer related to the rent-a-car business		Approved
		Approval of the aircraft co-maintenance deal		Approved
7	Jul. 20	Management performance reporting of 2015	internal directors 2 non-executive director 1 outside directors 3	-
		Merger with Steve J & Yoni P		Approved
		Approval of the merger with Steve J & Yoni P		-
		Reference date setup for shareholder confirmation		-
		Announcement of the small-scale merger		-
8	Aug. 18	Sale of SK steel assets in Australia	internal directors 2 non-executive directors 2 outside directors 3	Approved
9	Aug. 27	Reporting on achievements during the first half, 2015 and plans for the second half regarding the autonomous compliance program (CP) for fair trade	internal directors 2 non-executive director 1 outside directors 4	-
		Reporting on value of bond adjustment regarding SMART school uniform business transfer		-
		Approval of the merger agreement with Steve J & Yoni P		Approved
		Changes to the sale of SK steel assets in Australia		Approved
10	Sep. 24	Reporting on the Audit Committee’s review findings for Q2 2015	internal directors 2 non-executive director 1 outside directors 4	-
10	Sep. 24	Approval of transactions with SK Inc. in Q4 2015		Approved
11	Oct. 01	Reporting on the concluded merger with Steve J & Yoni P	internal directors 2 non-executive director 1 outside directors 4	-
11	Oct. 01	Announcement of concluded merger with Steve J & Yoni P		Approved
12	Oct. 22	Reporting on the Audit Committee’s review findings for Q3 2015	internal directors 2 non-executive director 1 outside directors 4	-
		Management performance reporting of Q3 2015		-
		Approval of transactions with Infosec		Approved
		Sale of Gemini shares		Approved
13	Nov. 05	Reporting on current business status at the head office in China (Shanghai)	internal directors 2 non-executive director 1 outside directors 4	-
14	Nov. 26	Reporting on the tax exemption privilege bidding	internal directors 2 non-executive director 1 outside directors 4	-
15	Dec. 17	Reporting on major progresses regarding the Cockatoo Coal Ltd. project	internal directors 2 non-executive director 1 outside directors 4	-
		Approval of billing with the largest shareholder		Approved
		Approval of transactions with SK Inc. in Q1 2016		Approved
		Approval of transactions with Infosec		Approved
		Approval of the aircraft co-maintenance deal		Approved
		Service transaction with SK (China) Corporate Management Ltd.		Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in 2016		Approved
		Conclusion of a real estate lease contract with SK energy		Approved

This table provides information on the activities of the 2014 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Feb. 05	Reporting on 2013 achievements and 2014 plans regarding compliance support activities	internal director 1 non-executive director 1 outside directors 4	-
		Management performance reporting of 2013		-
		Reporting of 2013 operating achievements and 2014 plans regarding autonomous compliance program (CP) for fair trade		-
		Approval of billing with the largest shareholder		Approved
		Approval of financial statements for 2013 (61st)		Approved
		Approval of business report for 2013 (61st)		Approved
		Approval of the 2014 management plan		Approved
2	Feb. 20	Transfer of ICT retail business	internal director 1 outside directors 4	Approved
3	Mar. 04	Reporting on 2013 operational practices of the Internal Accounting Control System	internal director 1 outside directors 4	-
		Reporting on the evaluation of 2013 operational practices of the Internal Accounting Control System		-
		Convocation of the 61st General Meeting with Shareholders		Approved
		Conclusion of an office space sublease contract with SK Inc.		Approved
4	Mar. 21	Reporting on the Audit Committee’s review findings for Q4 2013	internal director 1 non-executive directors 2 outside directors 4	-
		Appointment of the Board’s chairperson		Approved
		Organization of the Outside Director Candidate Nomination Committee		Approved
		Approval of director concurrent titles		Approved
		Cost sharing for SUPEX Council operation		Approved
		Approval of investment conversion for Mexico Boleo Copper Project loans		Approved
		Approval of billing with SK C&C in Q2 2014		Approved
		Conclusion of a real estate lease contract with Chungcheong Energy Service		Approved
5	May. 30	Management performance reporting of Q1 2014	internal director 1 non-executive directors 2 outside directors 3	-
5	May. 30	Reporting on the Audit Committee’s review findings for Q1 2014		-
6	Jun. 12	Payment guarantee for Cockatoo Coal Ltd.	internal director 1 non-executive directors 2 outside directors 4	Approved
7	Jun. 26	Approval of billing with SK C&C in Q3 2014	internal director 1 non-executive directors 2 outside directors 3	Approved
8	Jul. 24	Reporting on the Audit Committee’s review findings for Q2 2014	internal director 1 non-executive directors 2 outside directors 4	-
		Management performance reporting of the first half, 2014		-
		Reporting on achievements during the first half, 2014 and plans for the second half regarding the autonomous compliance program (CP) for fair trade		-
		Approval of changes to billing with the largest shareholder		Approved
		Fund liquidation for entry into the Chinese market		Approved
		Collection deferment of receivables due from Pantech		Approved
9	Aug. 20	Reporting on major changes in payment guarantee for Cockatoo Coal Ltd.	internal director 1 non-executive directors 2 outside directors 3	-
10	Aug. 27	Reporting on current business status at the head office in China	internal director 1 non-executive director 1 outside directors 4	-
11	Sep. 29	Approval of billing with SK C&C in Q4 2014	internal director 1 non-executive director 1 outside directors 3	Approved
		Conclusion of bituminous coal supply contracts with Gimcheon Energy Service/Jeonbuk Energy Service		Approved
		Issuance of no-warranty bonds		Approved
		Amendment of the Board Regulations		Approved
12	Oct. 23	Reporting on the current rent-a-car business status	internal director 1 non-executive directors 2 outside directors 4	-
		Management performance reporting of Q3 2014		-
		Reporting on major progresses regarding the Cockatoo Coal Ltd. project		-
		Approval of used car (business) transfer related to the rent-a-car business		Approved
13	Oct. 30	Sale of real estate in Daechi-dong	internal director 1 non-executive directors 2 outside directors 4	Approved
14	Nov. 21	Disposition of the Northern Copper Industrial shares	internal director 1 non-executive directors 2 outside directors 4	Approved
15	Nov. 21	Reporting on major progresses regarding the Cockatoo Coal Ltd. project	internal director 1 non-executive directors 2 outside directors 4	-
15	Nov. 21	Reporting on the current status of fashion business		-
16	Nov. 27	Reporting on major progresses regarding the Cockatoo Coal Ltd. project	internal director 1 non-executive directors 2 outside directors 4	-
17	Dec. 11	Reporting on the Audit Committee’s review findings for Q3 2014	internal director 1 non-executive directors 2 outside directors 3	-
		Approval of billing with SK C&C in Q1 2015		Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in 2015		Approved
		Conclusion of a real estate lease contract with SK energy		Approved
		Renewal of brand use contracts		Approved
		Service transaction with SK (China) Corporate Management Ltd.		Approved
		Appointment of director duties		Approved

This table provides information on the activities of the 2013 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Jan. 15	Nonparticipation in MMX capital increase	internal director 1 outside directors 3	Approved
2	Feb. 05	Reporting on the Audit Committee’s review findings for Q4 2012	internal director 1 outside directors 4	-
		-Management performance reporting of 2012		-
		Reporting on 2012 operating achievements and 2013 plans regarding autonomous compliance program (CP) for fair trade		Approved
		Approval of balance sheet (Statement of financial position), statement of profit and loss, statement of changes in equity, statement of cash flows, surplus appropriation statement and annotations for 2012 (60th)		Approved
		Approval of business report for 2012 (60th)		Approved
		Approval of billing with the largest shareholder		Approved
3	Feb. 28	Reporting on 2012 operational practices of the Internal Accounting Control System	internal director 1 outside directors 3	-
		Reporting on the evaluation of 2012 operational practices of the Internal Accounting Control System		-
		Convocation of the 60th General Meeting of Shareholders		Approved
		Approval of the 2013 management plan		Approved
		Manager appointment		Approved
		Approval of the General Meeting of Shareholders chairperson		Approved
4	Mar. 22	Appointment of the Representative Director	internal directors 2 non-executive director 1 outside directors 4	Approved
		Organization of the Outside Director Candidate Nomination Committee		Approved
		Issuance of no-warranty bonds		Approved
		Approval of billing with SK C&C in Q2 2013		Approved
5	Apr. 10	Conclusion of the agreement regarding operating cost of SUPEX Council and Executive Office	internal director 1 non-executive director 1 outside directors 4	Approved
5	Apr. 10	DYSK business withdrawal		Approved
6	Apr. 26	Conclusion of a contract for office space sublease and payment for its use with SK Inc.	internal director 1 non-executive director 1 outside directors 3	Approved
7	Jun. 07	Management performance reporting of Q1 2013	internal director 1 non-executive director 1 outside directors 4	-
7	Jun. 07	Additional payment guarantee extension for Cockatoo Coal Ltd.		Approved
8	Jun. 27	Reporting on the Audit Committee’s review findings for Q1 2013	internal director 1 non-executive director 1	-
8	Jun. 27	Approval of billing with SK C&C in Q3 2013	internal director 1 non-executive director 1	Approved
9	Jul. 26	Management performance reporting of 2013	internal director 1 non-executive director 1 outside directors 4	-
9	Jul. 26	Service transaction with SK (China) Corporate Management Ltd.		Approved
10	Aug. 23	Reporting of the Audit Committee’s review findings for Q2 2013	internal director 1 non-executive director 1 outside directors 4	-
		Reporting on achievements during the first half, 2013 and plans for the second half regarding the autonomous compliance program (CP) for fair trade		-
		Conclusion of a contract for tree maintenance at the Happiness Training Center with SK forest		Approved
		Approval of director concurrent titles		Approved
		Changes to the Sudo Gas Station fluidization project		Approved
		Conclusion of bituminous coal supply contracts with Gimcheon Energy Service/Jeonbuk Energy Service		Approved
11	Sep. 16	Participation in the capital increase of Cockatoo Coal Ltd.	internal director 1 non-executive director 1 non-executive director 1	Approved
11	Sep. 16	Additional payment guarantee extension for Cockatoo Coal Ltd.		Approved
12	Sep. 24	Issuance of no-warranty bonds	internal director 1 outside directors 3	Approved
		Approval of billing with SK C&C in Q4 2013		Approved
		Put-Option event of Northern Copper Industrial, China		Approved
13	Oct. 25	Management performance reporting of Q3 2013	internal director 1 non-executive director 1 outside directors 4	-
		Tax-free business expansion		Approved
		Manager appointment		Approved
14	Nov. 14	Approval of termination of the long-term transport agreement with SK shipping	internal director 1 non-executive director 1 outside directors 4	Approved
15	Dec. 12	Reporting on EMD results	internal director 1 non-executive director 1 outside directors 4	-
15	Dec. 12	Reporting on the management recovery progress		-
16	Dec. 20	Reporting on the Audit Committee’s review findings for Q3 2013	internal director 1 non-executive director 1 outside directors 4	Approved
		Conclusion of a real estate lease contract with SK energy		Approved
		Approval of billing with SK C&C		-
		Approval of changes to billing with SK C&C in Q4 2013		Approved
		Approval of billing with SK C&C in Q1 2014		Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in 2014		Approved
		Sale/Purchase of investment shares with an affiliate		-
		Sale/Purchase of Sky Property shares with SK geo centric		Approved
		Sale/Purchase of Sky Property shares with SK hynix		Approved
		Sale/Purchase of SK China shares with SK Inc.		Approved
		Sale/Purchase of SK IDC shares with SK Inc.		Approved

This table provides information on the activities of the 2012 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Feb. 09	Management performance reporting of Q4 2011	internal director 1 outside directors 4	-
		Reporting on the Audit Committee’s review findings for Q4 2011		-
		Reporting on 2011 operating achievements and 2012 plans regarding autonomous compliance program (CP) for fair trade		-
		Amendment of the Audit Committee Regulations		Approved
		Approval of balance sheet (Statement of financial position), statement of profit and loss and surplus appropriation statement for 2011 (59th)		Approved
		Approval of business report for 2011 (59th)		Approved
		Approval of the 2012 management plan		Approved
		Manager appointment		Approved
		Officer change of the autonomous compliance for fair trade		Approved
		Approval of billing with the largest shareholder		Approved
2	Mar. 05	Reporting on 2011 operational practices of the Internal Accounting Control System	internal directors 2 internal director 4	-
		Reporting on the evaluation of 2011 operational practices of the Internal Accounting Control System		-
		Convocation of the 59th General Meeting of Shareholders		Approved
3	Mar. 09	Payment guarantee for Cockatoo Coal Ltd.	internal directors 2 outside directors 4	Approved
4	Mar. 23	Organization of the Outside Director Candidate Nomination Committee	internal directors 2 internal director 3	Approved
		Amendment of the Board Regulations		Approved
		Manager appointment		Approved
		Amendment of the Internal Accounting Control Regulations		Approved
		Approval of billing with SK C&C in Q2 2012		Approved
5	Apr. 20	Reporting on the Audit Committee’s review findings for Q1 2012	internal directors 2 outside directors 4	-
		Appointment of Compliance Assistant		Approved
		Participation in the acquisition of Cockatoo Coal Ltd. shares		Rejected
6	May 04	Management performance reporting of Q1 2012	internal directors 2 outside directors 3	-
6	May 04	Approval of fund investment	internal directors 2 outside directors 3	Approved
7	Jun. 22	Approval of financial transaction limits with SK securities, the financial affiliate, in the second half, 2012	internal directors 2 outside directors 4	Approved
		Approval of billing with SK C&C in Q3 2012		Approved
		Enactment of the Compliance Control Standards		Approved
8	Jul. 27	Management performance reporting of the first half, 2012	internal directors 2 outside directors 4	-
		Reporting on the Audit Committee’s review findings for Q2 2012		-
		Amendment of the Audit Committee Regulations		Approved
		Conclusion of an agreement for the operation of a management supporting group with autonomous responsibilities		Approved
		Disposition of treasury stocks (preferred stocks)		Approved
9	Aug. 13	Additional investment in the Mexico Boleo Copper Project	internal directors 2 outside directors 3	Approved
10	Sep. 25	Reporting on achievements during the first half, 2012 and plans for the second half regarding the autonomous compliance program (CP) for fair trade	internal directors 2 outside directors 3	-
		Approval of billing with SK C&C in Q4 2012		Approved
		Sale of SK securities shares		Approved
11	Oct. 26	Reporting on the Audit Committee’s review findings for Q3 2012	internal directors 2 outside directors 3	-
		Management performance reporting of Q3 2012		-
		Conclusion of a contract for tree maintenance at the Happiness Training Center with SK forest		Approved
12	Nov. 15	Sudo Gas Station fluidization	internal directors 2 outside directors 3	Approved
13	Nov. 21	Approval of amendment to the agreement for the implementation of mutually cooperative efforts	internal directors 2 outside directors 3	Approved
13	Nov. 21	Transfer of SMART student uniform business	internal directors 2 outside directors 3	Approved
14	Nov. 26	Partial change to the sale of SK securities shares	internal directors 2 outside directors 3	Approved
15	Dec. 14	Reporting on 2012 achievements and 2013 plans regarding compliance support activities	internal directors 2 outside directors 4	-
		Payment guarantee extension for Cockatoo Coal Ltd.		의결보류
		Approval of billing with SK C&C in Q1 2013		Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in 2013		Approved
16	Dec. 18	Payment guarantee extension for Cockatoo Coal Ltd.	internal directors 2 outside directors 4	Approved
17	Dec. 20	Conclusion of a real estate lease contract with SK energy	internal directors 2 outside directors 4	Approved

This table provides information on the activities of the 2011 board of directors and consists of the meeting, opening date, agenda content, attendance status, and approval.
Round	Date	Agenda Items	Attendees	Approval/ Rejection
1	Jan. 21	Management performance reporting of 2010	internal director 1 outside directors 4	-
		Reporting on 2010 operating achievements and 2017 plans regarding autonomous compliance program (CP) for fair trade		-
		Approval of balance sheet (Statement of financial position), statement of profit and loss and surplus appropriation statement for 2010 (58th)		Approved
		Approval of business report for 2010 (58th)		Approved
2	Feb. 17	Reporting on the Audit Committee’s review findings for Q4 2010	non-executive director 1 internal directors 2 outside directors 4	-
		Reporting on 2010 operational practices of the Internal Accounting Control System		-
		Reporting on the evaluation of 2010 operational practices of the Internal Accounting Control System		-
		Convocation of the 58th General Meeting of Shareholders		-
		Approval of billing with the largest shareholder		-
		Manager appointment approved		-
		Issuance of no-warranty bonds		-
3	Mar. 11	Appointment of the Board’s chairperson	internal director 1 outside directors 2	Approved
		Appointment of the Representative Director		Approved
		Organization of the Outside Director Candidate Nomination Committee		Approved
		Approval of billing with SK C&C in Q2 2011		Approved
4	Apr. 22	Reporting on the Audit Committee’s review findings for Q1 2011	non-executive director 1 internal directors 2 outside directors 4	-
		Management performance reporting of Q1 2011		-
		Approval of new office building construction		Approved
5	Jun. 02	Reporting of the current T&I company business status	non-executive director 1 internal directors 2 outside directors 3	-
6	Jun. 28	Sale of Daehan Oil Pipeline Corporation shares	non-executive director 1 internal directors 2 outside directors 3	Approved
		Approval of billing with SK C&C in Q3 2011		Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in the second half, 2011		Approved
		Payment guarantee from the head office for the credit line of Hongkong local corporation		Approved
7	Jul. 22	Reporting on the Audit Committee’s review findings for Q2 2011	non-executive director 1 internal director 1 outside directors 3	-
		Management performance reporting of the first half, 2011		-
		Reporting on achievements during the first half, 2011 and plans for the second half regarding the autonomous compliance program for fair trade		-
		Payment guarantee for Cockatoo Coal Ltd. Interim Funding		Approved
8	Sep. 22	Approval of billing with SK C&C in Q4 2011	non-executive director 1 internal directors 2 outside directors 4	Approved
9	Oct. 31	Reporting on the Audit Committee’s review findings for Q3 2011	non-executive director 1 internal director 1 outside directors 2	-
		Management performance reporting of Q3 2011		-
		Renewal of brand use contracts		Approved
		Issuance of no-warranty bonds and approval of financial transaction with SK securities		Approved
		Approval of investment to LCNC		Approved
10	Nov. 25	Approval of changes to billing with the largest shareholder, etc.	internal directors 2 outside directors 3	Approved
		Manager appointment		Approved
		Participation in the capital increase of SK pinx		Approved
11	Dec. 21	Approval of billing with SK C&C in Q1 2012	internal directors 2 outside directors 4	Approved
		Approval of financial transaction limits with SK securities, the financial affiliate, in the first half, 2012		Approved
		Sale of Shantou PS shares		Approved
		Conclusion of a real estate lease contract with SK energy		Approved

Committees of the Board of Directors

Committee Organization

This table provides information on the composition status of committees within the board of directors and consists of names, composition (in-house directors, other non-executive directors, outside directors), roles, and download regulations.
Name	Organization			Roles	Remarks	Regulations
Name	Inside Director	Non-executive Director	Outside Director	Roles	Remarks	Regulations
Human Resources		Commissioner Sunghyung Lee	Chairman Seok-woo Jeong Commissioner Hwa-jin Chang	Establishes the outside director candidate nomination process Identifies and manages a candidate pool Reviews HR arrangements, evaluation, compensation etc. related to the CEO and key executives	-	Download
Strategy∙ESG Committee	Commissioner Ho-jeong Lee, (Representative Director), Commissioner Sunghwan Choi	Commissioner Sunghyung Lee	Chairman Sooil Chai Commissioner Seok-woo Jeong Commissioner Moon-young Lee Commissioner Hwa-jin Chang	Conducts audits on work activities of the executives Reviews integrity and validity of the company’s financial activities Reviews the accuracy of financial reports as well as validity of accounting practice standards and accounting estimate changes	-	Download
Audit Committee	-	-	Chairman Seok-woo Jeong Commissioner Moon-young Lee Commissioner Hwa-jin Chang	Conducts audits on work activities of executives Reviews integrity and validity of the company’s financial activities Reviews the accuracy of financial reports as well as validity of accounting practice standards and accounting estimate changes	-	Download

Activities

In 2019, SK Networks integrated ESG criteria into the Key Performance Indicators (KPIs) applicable to its CEO, establishing it as a standard practice in 2021 for CEO performance evaluation and rewards. The HR Committee under the Board of Directors deliberated on these matters, which were then approved by the Board. In 2023, the Board endorsed the integration of ESG objectives, including carbon emission reduction, a key aspect of SK Group’s ESG objective, fostering a corporate culture centered on health and happiness, and ethical management, into the CEO’s KPIs. Alongside this decision, a 10% weighting was allocated to ESG criteria such as carbon emission reduction during the executive KPI evaluation for 2023. (Since 2022, SK Networks has incorporated carbon emission reduction into the KPIs of all its executives, including subsidiary CEOs).As ESG criteria are integrated into the evaluation of all executives, they are likewise factored into the evaluation of all employees, with rewards linked to the outcomes of the KPI evaluation. By 2025, SK Networks will increase the weighting of ESG criteria in the KPIs for all executives, including subsidiary executives, to at least 10% or higher.

* Given the nature of SK Electlink’s EV charging business with carbon reduction effects in business operation, ESG items are reflected through other strategic tasks for SK Electlink.

Goals and roadmap for compensation and performance management based on ESG

This table provides information on ESG-based management performance evaluation target Roadmap and consists of plans from 2022 to 2023, 2024 to 2025, and 2026.
	2023	2024 ~ 2025	2026 ~
Target	All executives (including representative of subsidiaries)	All executives (Expansion to all executives of subsidiaries)	All executives (Expansion to all executives of subsidiaries)
Reflected specifications	10%	10% or more	10% or more

2024

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This table provides information on the activities of the HR committee in 2024 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, approval, and the attendance rate of directors.
Round	Date of hosting	Agenda Items	Approval	Approval/ Rejection	Director Attendance Rates
1	Jan. 23	2023 evaluation for the Representative Director	Deliberated	-	100%
1	Jan. 23	Remuneration for the Representative Director	Deliberated	-	100%
2	Feb. 06	Development of 2024 CEO KPI	Deliberated	-	100%
2	Feb. 06	Candidate nomination for outside directors	Resolved	Approved	100%
3	Mar. 06	Deliberation of 2024 ceilings on directors’ remuneration	Deliberated	-	100%
		Granting the long-term performance bonus to the Representative Director for 2024	Deliberated	-	100%
		Nomination of outside director candidates to the seat on the Audit Committee	Resolved	Approved	100%
4	Apr. 17	Appointment of the HR Committee Chairman	Resolved	Approved	100%
5	Jul. 24	Discussion on the Procedures for Appointing Outside Directors and Nomination Needs for 2025	Deliberated	-	100%

This table provides information on the activities of the HR committee in 2023 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, approval, and the attendance rate of directors.
Round	Date of hosting	Agenda Items	Approval	Approval/ Rejection	Director Attendance Rates
1	Feb. 9	Candidate nomination for outside directors	Resolution	Approved	80%
2	Mar. 8	2022 evaluation and remuneration for the Representative Director	Deliberated	-	80%*
2	Mar. 8	Deliberation of 2023 ceilings on directors' remuneration	Deliberated	-	80%
3	May. 3	Development of 2023 CEO KPI	Deliberated	-	100%
4	July. 12	Improvement of Remuneration for the Representative Director	Deliberated	-	100%
5	Aug. 3	Approval of amendment to the representative director’s remuneration system	Deliberated	-	100%
6	Sep. 19	Reporting on 2023 CEO Evaluation Items Review	Reported	-	100%
7	Oct. 19	Review on 2024 outside director candidates	Deliberated	-	75%
8	Dec. 14	Review on candidates for the nomination of outside director candidates	Deliberated	-	100%

* Representative Director Sang-kyu Park did not attend the 3rd round of 2023 HR Committee meetings as the agenda items directly concerned him

This table provides information on the activities of the HR committee in 2022 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, approval, and the attendance rate of directors.
Round	Date of hosting	Agenda Items	Approval	Approval/ Rejection	Director Attendance Rates
1	Feb. 08	2021 Representative Director assessment	Deliberated	-	80%*
1	Feb. 08	Remuneration for the Representative Director	Deliberated	-	80%*
2	Mar. 07	Nomination of outside director candidates to the seat on the Audit Committee	Resolved	Approved	100%
2	Mar. 07	Deliberation of 2022 ceilings on directors’ remuneration	Deliberated	-	100%
3	Nov. 24	Review on the reappointment of the Representative Director	Deliberated	-	80%**
3	Nov. 24	Candidate nomination for the Representative Director	Deliberated	-	80%**
4	Dec. 13	Review on candidates for the nomination of outside director candidates	Deliberated	-	100%

* Representative Director Sang-kyu Park did not attend the 1st round of 2022 HR Committee meetings as the agenda items directly concerned him
** Representative Director Sang-kyu Park did not attend the 3rd round of 2022 HR Committee meetings as the agenda items directly concerned him

This table provides information on the activities of the HR committee in 2021 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, approval, and the attendance rate of directors.
Round	Date of hosting	Agenda Items	Approval	Approval/ Rejection	Director Attendance Rates
1	Nov. 24	Agenda : Representative Director Assessment and Review for 2021 Description : Review on and deliberation of the Representative Director’s 2021 self-assessment results for each KPI (The performance evaluation and remuneration review will reflect 20% of the key ESG index assessment results.)	Reported	-	100%

2024

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This table provides information on the activities of the ESG Management Committee in 2024 and consists of the number of meetings, the date of the meeting, major agenda items, categories, and the attendance rate of directors.
No.	Date	Main Agenda	Category	Director Attendance Rates
1	2024.1.5	Manager appointment	Deliberated	88%
		Buyback of SK Rent-a-Car’s treasury stock	Deliberated
		Introduction (plan) of independent director reappointment process	Deliberated
2	2024.2.6	Disposition of treasury stock	Deliberated	88%
		Issuance of unsecured corporate bonds	Deliberated
		Approval of the 2024 business plan	Deliberated
		Retirement of treasury stock	Deliberated
		Approval of the 2023 dividend payout (plan)	Deliberated
3	2024.3.6	Deliberation of convening the regular shareholders’ meeting for the 71st period (year 2023)	Deliberated	100%
3	2024.3.6	Sale of Cartini	Discussion	100%
4	2024.4.12	Resolution on the appointment of the ESG Management Committee Chairman	Deliberated	100%
		Reporting of the FY2023 Sustainability Report Publication Plan	Discussion
		Approval of the 2024 Safety and Health Plan	Deliberated
		Authorization of borrowing limit	Deliberated
		Approval of the PSU (Performance Stock Unit) introduction	Deliberated
5	2024.5.8	Disposition of treasury stock	Deliberated	100%
5	2024.5.8	Sale of Anseong Distribution Center	Deliberated	100%
6	2024.6.12	Approval of the Split-Off Plan	Deliberated	100%
6	2024.6.12	Notice of the Extraordinary Shareholders’ Meeting	Deliberated	100%
7	2024.6.17	Sale SK Rent-a-Car Equity	Deliberated	100%
8	2024.7.8	Renaming of the ESG Management Committee and Revision of its Rules	Deliberated	100%
		Amendment to the Corporate Governance Charter	Deliberated
		Proposal for Contribution to SBVA AI Fund	Deliberated
9	2024.8.9	Relocation of Head Office	Deliberated	100%
		Appointment of the Manager	Deliberated
		Payment of Interim Dividend	Deliberated
10	2024.8.28	Report on SpeedMate split-off progress and approval of the public notice	Deliberated	100%

This table provides information on the activities of the ESG Management Committee in 2023 and consists of the number of meetings, the date of the meeting, major agenda items, categories, and the attendance rate of directors.
No.	Date	Main Agenda	Category	Director Attendance Rates
1	2023.3.9	Approval of the 2023 business plan	Deliberated	88%
		Approval of the consignment contract with SK Inc. for Information System Management	Deliberated
		Amendment (plan) of Executive Severance Regulations	Deliberated
		Disposition of treasury stock	Deliberated
		Disposition of treasury stock	Deliberated
		Issuance of no-warranty bonds	Deliberated
		Convocation of the 2022 (70th) General Meeting of Shareholders	Deliberated
		Cancellation of treasury stock	Deliberated
		Conclusion of trust contract for treasury stock acquisition	Deliberated
2	2023.5.3	Disposal of Treasury stock	Deliberated	100%
2	2023.5.3	Approval of health and safety plan	Deliberated	100%
3	2023.7.12	Approval of health and safety plan	Discussed	100%
4	2023.7.17	Acquisition of en-core shares	Deliberated	88%
5	2023.8.16	Conclusion of all-inclusive exchange of shares agreement with SK rent-a-car	Deliberated	100%
5	2023.8.16	Tender offer for SK rent-a-car shares	Deliberated	100%
6	2023.9.18	Termination of stock trust agreement for purchasing the treasury stock	Deliberated	100%
		Reporting on '2022 Sustainability Report' publication	Discussed
		’23 2Q performance on SK Group’s Key ESG Metrics	Discussed
7	2023.10.30	Approval of director concurrent titles	Deliberated	88%
7	2023.10.30	Increasing diversity to ensure sustainability	Discussion	88%
8	2023.12.11	Approval of transaction with SK Inc. in 2024	Deliberated	100%
		Approval of billing with the largest shareholder	Deliberated
		Approval of transaction with SK Pinx in 2024	Deliberated
		Approval of transaction with SK Forest in 2024	Deliberated
		Approval of transaction with SK E&S in 2024	Deliberated
		Renewal of brand use contracts	Deliberated
		Approval for modification of used car (business) transfer transaction with SK Rent-a-Car in 2023	Deliberated
		Approval of a small-scale stock exchange with SK Rent-a-Car	Deliberated
		Disposition of treasury stock	Deliberated
		Participation in SK Electlink capital increase	Deliberated

This table provides information on the activities of the ESG Management Committee in 2022 and consists of the number of meetings, the date of the meeting, major agenda items, categories, and the attendance rate of directors.
No.	Date	Main Agenda	Category	Director Attendance Rates
1	2022.2.8	Conclusion of Acadia rent contract	Deliberated	100%
		Conclusion of MOU on mutual partnership implementation and agreement on SUPEX Council operating expenses	Deliberated
		Sale of Sunhyewon (House of Grace) site	Deliberated
		Adoption of RSUs (Restricted Stock Units)	Deliberated
2	2022.3.8	Approval of 2022 management plan	Deliberated	100%
		Issuance of unsecured corporate bonds	Deliberated
		Convocation of the 69th Ordinary Shareholders’ Meeting	Deliberated
3	2022.4.28	2022 Q1 management performance reporting	Reported	83%
		Approval of health and safety plan	Deliberated
		Development of 2022 CEO KPI	Deliberated
		Partial sale of equity in Kurly Co., Ltd.	Deliberated
Workshop	2022.7.8	Review of CEO KPIs in the first half of 2022		100%
		Sustainable growth perceived by SK Networks
		Report on investment portfolio performance and investment initiatives in the first half of 2022
		Blockchain lecture
4	2022.8.19	Approval of investment in the EV charging business	Deliberated	100%
4	2022.8.19	Disposal of Treasury stock	Deliberated	100%
5	2022.9.21	SKN BSM(Board Skills Matrix) adoption (plan)	Discussion	100%
5	2022.9.21	Review on the amendment of Executive Severance Regulations	Discussion	100%
6	2022.12.20	Approval of transaction with SK Inc. in 2023	Deliberated	100%
		Approval of billing with the largest shareholder, etc.	Deliberated
		Approval of transaction with SK pinx in 2023	Deliberated
		Approval of transaction with SK forest in 2023	Deliberated
		Approval of transaction with SK E&S in 2023	Deliberated
		Approval for modification of used car (business) transfer transaction with SK Rent-a-car in 2022	Deliberated
		Approval of used car (business) transfer transaction with SK Rent-a-car in 2023	Deliberated
		Approval of transaction with SK enmove in 2023	Deliberated

This table provides information on the activities of the ESG Management Committee in 2021 and consists of the number of meetings, the date of the meeting, major agenda items, categories, and the attendance rate of directors.
No.	Date	Main Agenda	Category	Director Attendance Rates
1	2021.6.18	Workshop on SK Networks' Past, Future, and Value-up Directions	Reported	100%
2	2021.7.1	Sale of Speedmate Donghwa Assets	Prereview	83%
		Groupware Contract with SK Pinx	Prereview
		Trading Business Reorganization	Prereview
3	2021.7.29	Approval of Transfer Transaction of Second Hand Vehicles for Rental Car Business	Prereview	83%
		Share Sale of Shenyang Lingyuan Corporation	Prereview
		In-kind Contribution to MINTIT Biz	Prereview
		In-kind Contribution to TIREPICK Biz	Prereview
4	2021.9.1	Share Sale of Dandong Logistics Corporation	Prereview	100%
		Sale of Property Assets	Prereview
		Project Heim	Reported
5	2021.11.2	Participation in capital increase of Zinus Co., Ltd.	Prereview	100%
5	2021.11.2	MOU on equity acquisition in Zinus Co., Ltd.	Prereview	100%
6	2021.12.21	Appointment of general manager	Prereview	100%
		Approval of used fleet assignment with SK Rent-a-car Co., Ltd.	Prereview
		Entry into SK Club operation agreement	Prereview
		Approval of 2022 transaction with SK Inc.	Prereview
		Approval of total transaction amount with the largest shareholder	Prereview
		Approval of 2022 transaction with SK pinx Co., Ltd.	Prereview
		SKN Governance Story	Reported

2024

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This table provides information on the activities of the audit committee in 2024 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Type	Approval/ Rejection	Director Attendance Rates
1	Jan. 26	Evaluation of 2023 Audit Committee activities	Evaluation	-	100%
		Reporting on Q4 2023 achievements of the Audit Office	Reported	-
		Approval of the Audit Office’s 2024 management plan	Deliberated	Conditionally deliberated
2	Feb. 8	Reporting on the 2023 dividend payout plan and operating report	Reported	-	100%
		Reporting on the 2023 business performance and financial statements	Reported	-
		Reporting on the 2023 annual audit progress by the external auditor	Reported	-
3	Mar. 6	Reporting of 2023 Consolidated Internal Accounting Control System Operation Status	Reported	-	100%
		Evaluation of 2023 Consolidated Internal Accounting Control System Operation Status	Resolved	Approved
		Evaluation of 2023 Internal Monitoring Mechanism Operation Status	Resolved	Approved
		Prior Reporting of the Agreement to Justify Comprehensive Audit over Subsidiaries	Reported	-
4	Mar. 8	Reporting of Changes to the 71st Period (2023) Operating Report	Reported	-	100%
		Reporting of 2023 Fiscal Period Audit on SK Networks Co., Ltd. by an External Auditor	Resolved	-
		Deliberation/Resolution of 2024 External Auditor Compensation for Annual Audit (Pending)	Resolved	Approved
		Preparation of the 71st Period (2023) Audit Report by the Audit Committee	Resolved	Approved
		Inspection of Agendas and Documents for the 71st Period (2023) Shareholders’ Meeting	Resolved	Approved
5	May. 3	Reporting on Q1 2024 earnings of SK Networks	Reported	-	100%
		Reporting on Q1 2024 (preliminary) review by external auditor	Reported	-
		Reporting on Investment Lessons Learned results	Reported	-
		Reporting on the 1st half of 2024 regular audit plans	Reported	-
		Approval of signing an agreement for comprehensive auditing of subsidiaries	Resolved	Approved
6	May. 8	Reporting on Q1 2024 review results by external auditor	Reported	-	100%
6	May. 8	Reporting on Q1 2024 achievements of the Audit Office	Reported	-	100%
7	Jun. 12	Report on the Investigation of Agenda Items for the Extraordinary Shareholders’ Meeting	Reported	-	100%
8	Jul. 9	Reporting on 2024 inspection (plan) for operational practices of the Internal Accounting Control System	Reported	-	100%
		Reporting on Q2 2024 achievements of the Audit Office	Reported	-
		Approval of Pending 2024 KPI Modifications for the Audit Office	Resolved	Approved
9	Jul. 26	Report on External Auditor’s (Preliminary) Review for the First Half of 2024	Reported	-	100%
10	Aug. 7	Reporting on SK Networks’ Earnings for the First Half of 2024	Reported	-	100%
		Report on External Auditor’s Review Results for the First Half of 2024	Reported	-
		Approval of the Amendment (Plan) to the 2024 Second Half Audit Plan	Resolved	Approved

This table provides information on the activities of the audit committee in 2023 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Type	Approval/ Rejection	Director Attendance Rates
1	Jan. 27	Evaluation of 2022 Audit Committee activities	Evaluation	-	100%
		Reporting on Q4 2022 achievements of the Audit Team	Reported	-
		Reporting on Audit Committee meetings (plan) in 2023	Resolved	Approved
2	Feb. 10	Reporting on the 2022 business performance and financial statements/operating report	Reported	-	100%
2	Feb. 10	Reporting on 2022 annual audit progress by external auditor	Reported	-	100%
3	Feb. 22	Reporting on the amendment (plan) of the Audit Committee Regulations	Reported	-	100%
		Reporting on the regular audit results (ICT Business Unit)	Reported	-
		Reporting on the progress on the Audit Committee's instructions	Reported	-
4	Mar. 3	Reporting on 2022 operational practices of the Internal Accounting Control System	Reported	-	100%
		Evaluation of 2022 operational practices of the Internal Accounting Control System	Resolved	Approved
		Evaluation of 2022 internal control operation status	Resolved	Approved
5	Mar. 9	Appointment of a temporary representative of the Audit Committee	Resolved	Approved	67%
		Independent auditor’s report of fiscal year 2022 Audit on SK networks co. ltd.	Reported	-
		Audit report of the 70th period by the Audit Committee	Resolved	Approved
		Review of the agenda and documents to be submitted to the shareholders’ meeting of the 70th period	Resolved	Approved
6	Mar. 15	Additional reporting of the internal accounting controls in fiscal year 2022 by an independent auditor	Reported	-	100%
6	Mar. 15	Additional reporting of internal accounting controls operation practices in 2022	Reported	-	100%
7	Mar. 20	Independent auditor’s report of preliminary certification of consolidated internal accounting controls	Reported	-	100%
8	Apr. 14	Appointment of the representative of the Audit Committee	Resolved	Approved	100%
8	Apr. 14	Audit performance report in Q1 of 2023	Reported	-	100%
9	May. 02	SK networks’ business performance report in Q1 of 2023	Reported	-	100%
9	May. 02	Independent auditor’s report of fiscal year 2023 annual audit plan and Q1 (preliminary) review findings	Reported	-	100%
10	May. 15	Independent auditor’s report of Q1 of fiscal year 2023 review findings	Reported	-	100%
10	May. 15	Progress report on the audit process	Reported	-	100%
11	Jul. 7	Audit performance report in Q2 of 2023	Reported	-	100%
		Reporting on 2023 inspection (plan) for operational practices of the Internal Accounting Control System	Reported	-
		Reporting on the review of the independence of the external auditor’s non-auditing services	Reported	-
12	Aug. 2	Reporting on the investment process improvement (plan)	Reported	-	100%
13	Aug. 8	Reporting on the annual business performance of the first half, 2023	Reported	-	100%
		Reporting on the review results of the first half of FY 2023 by the external auditor	Reported	-
		Report on the inspection results of the implementation of the Audit Committee’s recommendations	Reported	-
14	Sep. 06	Reporting on special audit of Australian subsidiary	Reported	-	100%
14	Sep. 06	Reporting on 2023 2nd Annual Half Audit Plan	Reported	-	100%
15	Oct. 20	Reporting on the year-end evaluation (plan) of the Internal Audit Dept. Head	Reported	-	100%
		Reporting on Q3 2023 achievements of the Audit Officer	Reported	-
		Approval of the amendment (plan) of the Internal Audit Regulations	Resolved	Approved
16	Oct. 30	2023 interim reporting on operational practices for the Internal Accounting Control System	Reported	-	100%
17	Nov. 6	Reporting on Q3 2023 earnings of SK networks	Reported	-	100%
		Approval of the amendment (plan) of the Internal Accounting Control Regulations	Resolved	Approved
		Reporting on Q3 FY2023 (preliminary) review by the external auditor	Reported	-
18	Nov. 10	Reporting on Q3 FY2023 review findings by external auditor	Reported	-	100%
		Reporting on interim evaluation of the operational practices of the Consolidated Internal Accounting Control System in 2023	Reported	-
		Reporting on the correction disclosure of the business report	Reported	-
19	Dec. 11	Reporting on 2023 Ethical Management Measurement results and inspection results for "Lead by Example" leaders	Reported	-	100%
		Reporting on SK Networks’ evaluation system	Reported	-
		Audit Officer’s reporting on achievements during the second half, 2023	Reported	-
		Audit Officer’s reporting on 2024 business plan (draft)	Reported	-
20	Dec. 15	Audit Officer’s reporting on achievements during the second half, 2023	Reported	-	100%
20	Dec. 15	Audit Officer’s reporting on 2024 business plan (draft)	Reported	-	100%

This table provides information on the activities of the audit committee in 2022 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Type	Approval/ Rejection	Director Attendance Rates
1	Jan. 25	Reporting on 2021 Q4 achievements by the Management Assessment Team	Reported	-	100%
2	Feb. 8	Reporting on the 2021 business performance and financial statements/operating report	Reported	-	100%
2	Feb. 8	Reporting on the 2021 annual audit progress	Reported	-	100%
3	Feb. 22	(Additional) reporting on the 2021 annual audit progress	Reported	-	100%
4	Mar. 4	Reporting on the operational practices of the Internal Accounting Control System in 2021	Reported	-	100%
		Reporting on the evaluation of the operational practices of the Internal Accounting Control System in 2021	Resolved	Approved
		Evaluation of the 2021 internal control operation status	Resolved	Approved
5	Mar. 8	Reporting on 2021 audit findings on SK Networks Co., Ltd. by external auditor	Reported	-	100%
		Drafting on the 69th period audit report by the Audit Committee	Resolved	Approved
		Review of agenda items and documents to be referred to the 69th period General Meeting of Shareholders	Resolved	Approved
6	Apr. 29	Reporting on the 2022 Q1 (preliminary) review by external auditor	Reported	-	100%
		Approval of the amendment of the Internal Audit Regulations	Resolved	Approved
		Reporting on the revision to the reporting processes following amendment of the Internal Audit Regulations	Reported	-
		Reporting on 2022 Q1 achievements of the Audit Team	Reported	-
7	May. 12	Reporting on 2022 Q1 review results by external auditor and 2022 annual audit plan	Reported	-	100%
8	Jul. 1	Reporting on the Audit Team's work progress in 2022	Reported	-	100%
9	Jul. 28	Reporting on the 1st half 2022 business performance of SK Networks	Reported	-	100%
		Reporting on 2022 inspection plan for operational practices of the Internal Accounting Control System	Reported	-
		Reporting on 1st half FY2022 (preliminary) review and annual audit developments by external auditor	Reported	-
10	Aug. 11	Reporting on the 1st half FY2022 review findings by external auditor	Reported	-	100%
10	Aug. 11	Reporting on Q2 2022 achievements of the Audit Team	Reported	-	100%
11	Sep. 19	Modification of FY2022 external audit agreement (Re: Pre-certification for the Consolidated Internal Accounting Control System)	Resolution	Approved	100%
11	Sep. 19	Final (plan) reporting on the Group's Ethical Management Measurement System	Reported	-	100%
12	Oct. 21	Reporting on the progress of appointing a designated auditor	Reported	-	100%
		Reporting on the progress of the Anti-bribery management system (ISO37001) certification	Reported	-
		Reporting on 2022 regular audit results of the Audit Team	Reported	-
13	Oct. 28	Reporting on Q3 2022 business performance of SK Networks	Reported	-	100%
		Reporting on Q3 FY2022 (preliminary) review and annual audit developments by external auditor	Reported	-
		Reporting on Q3 2022 achievements of the Audit Team	Reported	-
14	Nov. 14	Reporting on Q3 FY2022 review findings by external auditor	Reported	-	100%
14	Nov. 14	Reporting on the year-end evaluation (plan) of the Internal Audit Dept. Head	Reported	-	100%
15	Nov. 16	2022 interim reporting on operational practices for the Internal Accounting Control System	Reported	-	100%
15	Nov. 16	2022 interim reporting on the Internal Accounting Control System audit by external auditor	Reported	-	100%
16	Nov. 29	Conclusion of the auditor designation agreement for FY2023-2025	Resolution	Approved	100%
17	Dec. 2	Reporting on 2022 Ethical Management Measurement results and inspection results for "Lead by Example" leaders	Reported	-	100%
		Reporting on the progress and future plan regarding the certification of the Consolidated Internal Accounting Control System by external auditor	Reported	-
		Review on SK Networks service checklist by external auditor	Reported	-
		Approval of the Audit Officer appointment	Resolution	Approved
18	Dec. 26	Deliberation of transaction with SK Inc. in 2023	Resolution	Approved	100%
		Review on and approval of non-audit services (Re: 2 cases of tax service)	Resolution	Rejected
		Reporting on Audit Committee meetings (plan) in 2023	Reported	-

This table provides information on the activities of the audit committee in 2021 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Approval	Director Attendance Rates
1	Jan. 13	Assessment of Internal Control Over Prosecutor's Investigation and Response Plan Reporting	Reported	100%
1	Jan. 13	Reporting of Developments of ICS Inspection Over Prosecutor's Investigation (2nd)	Reported	100%
2	Jan. 27	Reporting of Developments of ICS Inspection Over Prosecutor's Investigation (3rd)	Reported	100%
2	Jan. 27	Reporting of the Internal Audit Engagements for Q4 2020	Reported	100%
3	Feb. 3	Reporting of Business Performance and Financial Statements/Business Report for 2020	Reported	100%
4	Feb. 10	Reporting of Developments of ICS Inspection Over Prosecutor's Investigation (4th)	Reported	100%
5	Feb. 25	Reporting of Early Draft of ICS Inspection Over Prosecutor's Investigation	Reported	100%
5	Feb. 25	Corporate Audit Team's Reporting of Business Plan for 2021	Reported	100%
6	Mar. 5	Reporting of Operational Practices of Internal Accounting Control System for 2020	Reported	100%
		Evaluation of Operational Practices of Internal Accounting Control System for 2020	Approved
		Evaluation of Operational Status of Internal Monitoring Measures for 2020	Approved
7	Mar. 8	Reporting of External Auditor's Audit Results on SK Networks Co., Ltd. for 2020	Reported	100%
		Audit Committee's Development of Audit Report for the 68th Reporting Period	Approved
		Investigation on Agenda and Documents to be Submitted to Shareholders' Meeting for the 68th Reporting Period	Approved
8	Mar. 16	Reporting of Amended Audit Committee Regulations (incl. Internal Audit Regulations)	Reported	100%
9	May. 11	Reporting of External Auditor's Review Results for Q1 2021 and Audit Plan for 2021	Reported	100%
9	May. 11	Reporting of External Auditor Contract Manual	Reported	100%
10	Jul. 22	Reporting of Operation and Evaluation Plan of Internal Accounting Control System for 2021	Reported	100%
		Deliberation and Resolution of External Auditor's Annual Audit Fees for 2021	Approved
		Reporting of the Internal Audit Engagements in the First Half of 2021	Reported
11	Jul. 30	Reporting of External Auditor's Audit Review for the First Half of 2021 and Annual Audit Developments	Reported	100%
		Reporting of External Auditor's Annual Audit Plan for 2021	Reported
		Reporting of Inspection Plan for External Auditor's Audit Time	Reported
		Redeliberation and Resolution of External Auditor's Annual Audit Fees for 2021	Approved
12	Aug. 12	Reporting of External Auditor's Review Results for the First Half of 2021	Reported	100%
13	Sep. 14	Review on the need to have the investment in the overseas subsidiary (TenX) submitted for the Board of Directors consideration	Reported	100%
14	Oct. 28	The external auditor’s reporting on Q3 FY2021 review and annual audit developments	Reported	100%
14	Oct. 28	The Management Diagnostics Team’s Q3 2021 earnings report	Reported	100%
15	Nov. 11	2021 interim reporting on operational practices for the Internal Accounting Control System	Reported	100%
15	Nov. 11	The external auditor’s reporting on Q3 FY2021 review results and annual audit progress	Reported	100%
16	Dec. 09	External auditor appointment for FY 2022-2024	Approved	100%
17	Dec. 23	Deliberation on 2022 transactions with SK inc.	Approved	100%
		Approval of Corporate Audit Team's Business Plan for 2022	Approved
		Evaluation of 2021 Audit Committee activities	Evaluated

This table provides information on the activities of the audit committee in 2020 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Approval	Director Attendance Rates
1	Jan. 21	Approval of Corporate Audit Team's Business Plan for 2020	Approved	75%
1	Jan. 21	Reporting of the Internal Audit Engagements for Q4 2019	Reported	75%
2	Mar. 4	Reporting of Operational Practices of Internal Accounting Control System for 2019	Reported	100%
		Evaluation of Operational Practices of Internal Accounting Control System for 2019	Approved
		Evaluation of Operational Status of Internal Monitoring Measures for 2019	Approved
3	Mar. 9	Reporting of External Auditor's Audit Results on SK Networks Co., Ltd. for 2019	Reported	75%
		Audit Committee's Development of Audit Report for the 67th Reporting Period	Approved
		Investigation on Agenda and Documents to be Submitted to Shareholders' Meeting for the 67th Reporting Period	Approved
4	Apr. 17	Reporting of the Internal Audit Engagements for Q1 2020	Reported	100%
		Reporting of Investigation on Agenda for Extraordinary Meeting of Shareholders	Reported
		Appointment of Chair of Audit Committee	Approved
5	May. 13	Reporting of External Auditor's Review Results for Q1 2020 and Audit Plan for 2020	Reported	100%
6	Aug. 13	Reporting of External Auditor's Audit Review for the First Half of 2020 and Annual Audit Developments	Reported	100%
		Reporting of Improved Deliberation Process of Externa Auditor's Annual Audit Fees	Reported
		Deliberation of Annual Audit Fees for 2020	Approved
		Reporting of the Internal Audit Engagements for Q2 2020	Reported
7	Oct. 22	Inspection of ICS Over Prosecutor's Investigation	Discussed	100%
8	Nov. 11	Reporting of External Auditor's Review Results for Q3 2020 and Annual Audit Plan	Reported	100%
8	Nov. 11	Reporting of the Internal Audit Engagements for Q3 2020	Reported	100%
9	Dec. 2	Reporting of Developments of ICS Inspection Over Prosecutor's Investigation	Reported	100%
10	Dec. 9	Appointment of External Expert for ICS Inspection Over Prosecutor's Investigation	Approved	100%
11	Dec. 22	Deliberation of Transactions with SK Inc. for 2021	Approved	100%
11	Dec. 22	Evaluation of Audit Committee's Activities for 2020	Evaluated	100%
12	Dec. 30	Reporting of Inspection Plan for ICS Over Prosecutor's Investigation	Reported	100%

This table provides information on the activities of the audit committee in 2019 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Approval	Director Attendance Rates
1	Feb. 20	Reporting of the Internal Audit Engagements for the Second Half of 2018	Reported	100%
1	Feb. 20	Corporate Audit Team's Reporting of Business Plan for 2019	Reported	100%
2	Mar. 5	Reporting of Operational Practices of Internal Accounting Control System for 2018	Reported	100%
		Approval of Revised Internal Accounting Control Regulations for 2019	Approved
		Evaluation of Operational Practices of Internal Accounting Control System for 2018	Approved
		Evaluation of Operational Status of Internal Monitoring Measures for 2018	Approved
3	Mar. 12	Reporting of External Auditor's Audit Results on SK Networks Co., Ltd. for 2018	Reported	100%
		Audit Committee's Development of Audit Report for the 66th Reporting Period	Approved
		Investigation on Agenda and Documents to be Submitted to Shareholders' Meeting for the 66th Reporting Period	Approved
4	May. 15	Reporting of External Auditor's Review Results for Q1 2019 and Audit Plan for 2019	Reported	100%
		Reporting of the Internal Audit Engagements for Q1 2019	Reported
		Appointment of Chair of Audit Committee	Approved
5	Aug. 7	Reporting of External Auditor's Review Results for Q2 2019	Reported	100%
5	Aug. 7	Corporate Audit Team's Reporting of Business Performance for Q2 2019	Reported	100%
6	Oct. 24	Audit Committee's Interim Report of Internal Accounting Control System	Reported	100%
		Reporting of the Internal Audit Engagements for Q3 2019	Reported
		Reporting of Group's Regular Audit Engagements and Implementation Plan	Reported
7	Nov. 11	Reporting of External Auditor's Review Results for Q3 2019	Reported	100%
7	Nov. 11	Reporting of Investigation on Agenda for Extraordinary Meeting of Shareholders	Reported	100%
8	Dec. 20	Deliberation of Transactions with SK Inc. for 2020	Approved	75%

This table provides information on the activities of the audit committee in 2018 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Approval	Director Attendance Rates
1	Feb. 9	Corporate Audit Team's Reporting of Business Plan for 2018	Reported	100%
2	Mar. 6	Reporting of Operational Practices of Internal Accounting Control System for 2017	Reported	75%
		Evaluation of Operational Practices of Internal Accounting Control System for 2017	Approved
		Evaluation of Operational Status of Internal Monitoring Measures for 2017	Approved
3	Mar. 15	Reporting of External Auditor's Audit Results on SK Networks Co., Ltd. for 2017	Reported	100%
		Audit Committee's Development of Audit Report for the 65th Reporting Period	Approved
		Investigation on Agenda and Documents to be Submitted to Shareholders' Meeting for the 65th Reporting Period	Approved
4	Apr. 11	Reporting of the Internal Audit Engagements in the Second Half of 2017	Reported	100%
		Reporting of Improved Reporting System of Audit Committee (Preliminary)	Reported
		Appointment of Chair of Audit Committee	Approved
5	May. 18	Approval of Auditor and Non-Audit Service Contracts (Relating to Claim for Reassessment of Guarantees Fee to Overseas Corporations)	Approved	100%
6	Jun. 28	Reporting of External Auditor's Review Results for Q1 2018 and Audit Plan for 2018	Reported	100%
7	Aug. 31	Reporting of the Internal Audit Engagements in the First Half of 2018	Reported	100%
		Reporting of Review Results for the First Half of 2018	Reported
		Reporting of Reestablishment Plan for Internal Accounting Control System	Reported
8	Nov. 5	Reporting of Amended Audit Committee Regulations	Reported	100%
9	Dec. 10	Approval of External Auditor Selection Criteria and Procedure (Preliminary)	Approved	100%
9	Dec. 10	Selection of External Auditor	Approved	100%
10	Dec. 21	Deliberation of Transactions with SK Inc. for 2019	Approved	100%

This table provides information on the activities of the audit committee in 2017 and consists of the number of meetings, the date of the meeting, the main agenda, the classification, and the attendance rate of the board of directors.
No.	Date	Main Agenda	Approval	Director Attendance Rates
1	Jun. 2	Corporate Audit Team's Reporting of Business Plan for 2017	Reported	100%
2	Feb. 28	Reporting of Operational Practices of Internal Accounting Control System for 2016	Reported	67%
		Evaluation of Operational Practices of Internal Accounting Control System for 2016	Approved
		Evaluation of Operational Status of Internal Monitoring Measures for 2016	Approved
3	Mar. 10	Reporting of External Auditor's Audit Results on SK Networks Co., Ltd. for 2016	Reported	100%
		Audit Committee's Development of Audit Report for the 64th Reporting Period	Approved
		Investigation on Agenda and Documents to be Submitted to Shareholders' Meeting for the 64th Reporting Period	Approved
		Reporting of the Internal Audit Engagements in the Second Half of 2016	Reported
4	Sep. 25	Investigation on Agenda and Documents to be Submitted to Shareholders' Meeting	Approved	100%
5	Sep. 26	Reporting of the Internal Audit Engagements in the First Half of 2017	Reported	75%
6	Dec. 21	Deliberation of Transactions with SK Co., Ltd. in 2018	Approved	100%

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General Meeting of Shareholders

The 71th Annual General Meeting of shareholders

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The 70th Annual General Meeting of shareholders

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The 69th Annual General Meeting of shareholders

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The 68th Annual General Meeting of shareholders

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2020 Extraordinary Meeting of Shareholders

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The 67th Annual General Meeting of shareholders

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2019 Extraordinary Meeting of Shareholders

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The 66th Annual General Meeting of shareholders

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The 65th Annual General Meeting of shareholders

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Creating Future Value through Transparent Management

Governance

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Board of Directors

History of Board of Directors (Board) meetings

Committees of the Board of Directors

General Meeting of Shareholders

Creating Future Value through
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