Rights offering (paid-in capital increase) decision (subsidiary)

A later amendment corrects this filing, so the terms on this page may be out of date. See the latest version (2026-09-29) →

What happened

Report on a material management matter of the subsidiary Absolics Inc.: rights offering (paid-in capital increase) decision.

1. Type and number of new shares Common shares (shares): 274,683 Class shares (shares): -

2. Par value per share (KRW): 1.40

3. Total shares issued before the capital increase Common shares (shares): 236,974 Class shares (shares): -

4. Purpose of the funding Facility funds (KRW): - Business acquisition funds (KRW): - Working capital (KRW): 401,114,915,289 Debt repayment funds (KRW): - Funds to acquire securities of another company (KRW): - Other funds (KRW): -

5. Method of capital increase: Rights offering to existing shareholders [For a rights offering to existing shareholders]

6. New share issue price Fixed issue price: Common shares (KRW) 1,460,283; class shares (KRW) - Expected issue price: Common shares (KRW) -, fixing date -; class shares (KRW) -, fixing date -

7. Method of determining the issue price: -

8. Record date for new share allotment: 2026-08-20

9. Number of new shares allotted per existing share (shares): -

10. Preferential allotment ratio for employee stock ownership association members (%): -

11. Expected subscription date Employee stock ownership association: start date -, end date - Existing shareholders: start date -, end date -

12. Payment date: 2026-11-24

13. Plan for handling forfeited shares: Additional subscription by existing shareholders and third parties

14. Dividend record date for new shares: -

15. Expected date of delivery of new share certificates: -

16. Lead underwriter (if not a direct public offering): -

17. Whether the subscription rights are transferable: Not applicable

18. Board resolution date (decision date): 2026-08-20 Outside director attendance: present (persons) -, absent (persons) - Attendance of auditor (audit committee member who is not an outside director): -

19. Whether subject to securities registration statement filing: No

20. Reason for exemption from filing: The company is an overseas unlisted company and is not subject to securities registration statement filing.

21. Whether subject to Fair Trade Commission reporting: No

22. Other material matters relevant to investment decisions - This disclosure concerns the rights offering decision of Absolics Inc., in which the Company holds a 70.05% equity interest; it is disclosed because the rights offering amount is 2.5% or more of the controlling company SKC's equity capital as of the most recent fiscal year (KRW 2.0257 trillion). - The U.S. dollar amounts underlying "2. Par value per share (KRW)," "4. Purpose of the funding - working capital (KRW)," and "6. New share issue price" above are as follows, translated using the first-quoted base exchange rate on August 20, 2026 (1 USD = KRW 1,402.50): * Par value per share: USD 0.001 * Working capital: USD 285,999,939.60 * New share issue price: USD 1,041.20 - "4. Purpose of the funding" above is working capital needed for the commercialization of semiconductor glass substrates. - "8. Record date for new share allotment" and "18. Board resolution date (decision date)" above are the approval date of Absolics Inc.'s board of directors. - "12. Payment date" above is the final payment completion date reflecting any forfeited shares and additional subscriptions by existing shareholders; if existing shareholders subscribe in full, the payment date will be September 28 (U.S. Eastern Time). - "13. Plan for handling forfeited shares" above is based on a shareholders' agreement under which forfeited shares may be allotted to existing shareholders or a third party; the specific allottees and number of shares to be allotted will be determined after the existing-shareholder subscription results are confirmed. - A disclosure of the decision to acquire shares and equity securities of another company will be made following a future SKC board resolution. - The subsidiary's total assets (KRW) and the controlling company's total consolidated assets (KRW) below are as of the end of 2025. - The above schedule and details may change in the course of future progress.

Related disclosures: -

[Matters Concerning the Subsidiary] Subsidiary name: Absolics Inc. English name: Absolics Inc. Representative: Kang Ji-ho Main business: Manufacture and sale of semiconductor glass substrates Whether a major subsidiary: Not applicable Total assets of the subsidiary (KRW): 528,579,057,668 Total consolidated assets of the controlling company (KRW): 6,740,499,643,049 Ratio to the controlling company's total consolidated assets (%): 7.84