SK Telecom Schedules Annual Shareholder Meeting for March 26

TL;DR

**SK Telecom is holding its annual shareholder meeting on March 26, 2024.**

AI Summary

SK Telecom Co., Ltd. (SK Telecom) filed a 6-K report on February 22, 2024, announcing that its board of directors resolved to call the annual general meeting of shareholders. This meeting is scheduled for March 26, 2024, at 10:00 am Seoul time. The filing indicates the company's compliance with SEC reporting requirements for foreign private issuers.

Why It Matters

This filing signals an upcoming key corporate governance event for SK Telecom, where shareholders will address important company matters.

Risk Assessment

Risk Level: low — This filing is a routine announcement of an annual general meeting, which is a standard corporate governance event.

Key Players & Entities

• SK Telecom Co., Ltd. (company) — registrant and company calling the meeting
• March 26, 2024 (date) — date of the annual general meeting
• 10:00 am (date) — time of the annual general meeting
• Seoul (company) — location of the annual general meeting
• February 2024 (date) — month of report

FAQ

Filing Documents

• d636641d6k.htm (6-K) — 1094KB
• 0001193125-24-041820.txt ( ) — 1095KB

From the Filing

Form 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF FEBRUARY 2024 Commission File Number: 333-04906 SK Telecom Co., Ltd. (Translation of registrants name into English) 65, Euljiro, Jung-gu Seoul 04539, Korea (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F RESOLUTION TO CALL THE ANNUAL GENERAL MEETING OF SHAREHOLDERS The board of directors (the Board) of SK Telecom Co., Ltd. (SK Telecom or the Company) has resolved to call the annual general meeting of shareholders, to be held at the following time and place and the agenda of which shall be as follows: 1. Date / Time March 26, 2024 (Tuesday), 10:00 am (Seoul time) 2. Place SUPEX Hall, 4th Floor, SK T-Tower, 65, Eulji-ro, Junggu, Seoul, Korea 3. Agenda 1. Approval of Financial Statements for the 40th Fiscal Year (2023) 2. Amendments to the Articles of Incorporation 3. Appointment of Directors 3-1.Appointment of an Executive Director (Ryu, Young Sang) 3-2.Appointment of an Executive Director (Kim, Yang Seob) 3-3.Appointment of a Non-executive Director (Lee, Sung Hyung) 3-4.Appointment of an Independent Non-executive Director (Noh, Mi Kyung) 4. Appointment of a Member of the Audit Committee (Noh, Mi Kyung) 5. Approval of the Ceiling Amount of Remuneration for Directors 6. Amendments to the Remuneration Policy for Executive Officers 4. Date of the resolution by the Board February 21, 2024 Attendance of independent non-executive directors Present: 5 Absent: 0 5. Other important matters relating to an investment decision Documents relating to the Annual General Meeting of Shareholders 1. Approval of Financial Statements for the 40th Fiscal Year (2023) Consolidated Financial Statements: See Appendix 1 Separate Financial Statements: See Appendix 2 The audit report from the independent auditors on the financial statements for the 40th fiscal year prepared in accordance with Korean International Financial Reporting Standards as adopted by the Korean Accounting Standards Board will be uploaded to SK Telecoms website ( http://www.sktelecom.com/en / Investor Relations IR Library Audit Report) and will be made available on the U.S. Securities and Exchange Commissions website (https://www.sec.gov) in early March of 2024. 2. Amendments to the Articles of Incorporation The proposed amendments are as follows: Current Proposed Amendment Remarks Article 10-2. Base Date for Calculation of Dividends for New Shares When the Company issues new shares by paid-in capital increase, non-paid-in capital increase or stock dividend, with respect to the distribution of dividends on the new shares, the new shares shall be deemed to have been issued at the end of the fiscal year immediately preceding the fiscal year in which the new shares are issued (established on March 15, 1996). Article 10-2. Equal Dividend The Company shall distribute dividends equally with respect to all shares of the same class that have been issued (including those converted into such shares) as of the record date, regardless of their issuance dates (amended on March 26, 2024). To delete the provision which deems the end of the fiscal year as the record date for the distribution of dividends and to align this Article with the model articles of incorporation published by the Korea Listed Companies Association. Article 15. Issuance of Convertible Bonds (Text omitted) (5) With respect to the distribution of dividends or interest on the shares issued upon conversion of the convertible bonds described in Paragraph (1), the convertible bonds shall be deemed to have been converted into shares at the end of the fiscal year immediately preceding the fiscal year in which the relevant conversion rights are exercised (amended on March 15, 1996). Article 15. Issuance of Convertible Bonds (Text omitted) (5) With respect to the shares issued upon conversion of the convertible bonds described in Paragraph (1), the Company shall pay interest only on the amount that has become due and payable before the conversion (amended on March 26, 2024). To revise this Article in accordance with the amendment to Article 10-2 and to align this Article with the model articles of incorporation published by the Korea Listed Companies Association relating to the distribution of interest on shares issued upon conversion of convertible bonds. Article 16. Issuance of Bonds with Warrants (Text omitted) (5) With respect to the distribution of dividends or interest of Shareholders who exercise the preemptive rights described in Paragraph (1), shares shall be deemed to have been issued at the end of the fiscal year immediately preceding the fiscal year in wh

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