[Disclosure] SK Square (402340) – Decision on Disposal of Treasury Shares / 2025-02-27

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

SK Square’s major subsidiary, SK Hynix, has decided to dispose of 980,520 treasury shares off-market, valued at approximately KRW 196.6B, for employee share distribution.

📊 [Key Disclosure Details & Financial Summary]

1. Disclosure Overview

• Disclosure Category: Major Report / Report on Major Management Matters of Subsidiary (Decision on Disposal of Treasury Shares)
• Board Resolution Date: 2025-02-26

2. Terms of Treasury Share Disposal

• Number of Shares to be Disposed: Common Stock 980,520 shares
• Price Per Share: Common Stock KRW 200,500 (Based on the closing price on Feb 25, 2025, the day prior to the board resolution)
• Total Estimated Disposal Amount: KRW 196.59B (196,594,260,000)
• Scheduled Disposal Period: 2025-02-27 ~ 2025-02-27
• Purpose of Disposal: Share distribution to employees (Targeting 32,684 active employees, excluding executives)
• Disposal Method: Off-market disposal (Transfer from company treasury account to individual employee accounts)
• Entrusted Brokerage: SK Securities Co., Ltd., Hana Securities Co., Ltd.

3. Treasury Share Holding Prior to Disposal

• Acquisition within Dividend-Payable Profit Limit: Common Stock 18,722,154 shares (2.6% of total issued shares)
• Other Acquisitions: Common Stock 570 shares (0.0%)
• Total: Common Stock 18,722,724 shares

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Execution of Treasury Share Distribution to Employees as Planned

This disclosure details the decision by SK Square’s major subsidiary, SK Hynix, to dispose of treasury shares following a board resolution for distribution to active employees. Confirming whether the share delivery process was successfully completed as disclosed within the scheduled disposal period is important for determining if the transaction has been fully executed according to plan. Related details can be tracked through subsequent regulatory disclosures or the official annual report.

📢 Disclaimer & Source Notice

Source: This content was structured and regenerated based on official data filed with the Financial Supervisory Service’s DART system.

Investment Risk Warning: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stock. All investment decisions and financial responsibilities rest entirely with the investor.

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