SK Telecom: Meaningful Value Up Announcement

• SK Telecom (017670 KS) announced through a value-up disclosure that it will return more than 50% of its net profit to shareholders from 2024 to 2026.

• SK Telecom also mentioned that it plans to achieve ROE of 10% or more by 2026.

• The company is now targeting 30 trillion won in revenue by 2030 with about 35% of total revenue coming from the AI business.