SK Signet is pursuing a third-party allotment capital increase worth approximately 70 billion won. The raised funds will be concentrated on targeting global markets, expanding North American production capacity, and research and development (R&D) for electric vehicle chargers.

70 Billion Won Capital Increase Resolved... Issue Price Set at 7,135 Won Per Share According to a regulatory filing on the 19th, SK Signet's board of directors resolved to issue 9,810,791 registered preferred shares through a third-party allotment capital increase. The planned issue price per share is 7,135 won, through which the company intends to raise a total of 69,999,993,785 won. The payment date is scheduled for June 29.

The allotment target for this capital increase is SK Inc., the company's largest shareholder. The company explained that SK Inc. was selected as the allotment target after comprehensively considering its payment capacity and investment timing in order to achieve management objectives and ensure stable fundraising.

Use of Funds: Global Expansion and North American Production Scale-Up The funds raised this time will be entirely used as operating capital. Specifically, they will be allocated to ▲ global market expansion and North American production capacity expansion, ▲ R&D investment to expand the electric vehicle charger lineup and upgrade specifications, and ▲ the purchase of raw materials for manufacturing electric vehicle chargers.

The planned usage amounts by year are divided into 10 billion won in 2026, 40 billion won in 2027, and approximately 20 billion won in 2028 and beyond.

'Conditional' on SK Inc. Board Approval on June 24 The new share issue price (7,135 won) was calculated based on the weighted average stock price from the third to the fifth trading day prior to the board meeting date of June 19.

The company has set June 24, when SK Inc.'s board resolution is scheduled, as the subscription date and plans to recalculate the base stock price. It will then proceed with a corrective filing reflecting the finalized issue price and the final number of shares to be issued.

However, this capital increase is conditional on the agenda item regarding participation in the capital increase being finally approved at SK Inc.'s board meeting on June 24. If approval is not granted, the issuance of new shares may be canceled.

Meanwhile, the preferred shares to be issued this time carry voting rights but will not be listed on the KONEX market. In addition, mandatory holding and transfer restriction measures will not be applied in accordance with relevant regulations.