S-OIL: Strong Shareholder Returns and Transparent Governance

FY2025 consolidated sales 34.2T, operating profit 235.6B, net income 177.0B (net profit turns to black)
Dividend policy: plan to return over 20% of net profit for 2025-2026; actual 20.6% for 2025
Cash dividend: common stock 330 won, preferred stock 355 won per share (dividend yield 0.3%, 0.6%)
No share buyback plan; considering cancellation/disposal of 184,080 treasury preferred shares
Major shareholder Aramco 63.43%, minority shareholders 31.62%
Compliance with 12 out of 15 core governance indicators (non-compliant: concentrated meeting, CEO succession, cumulative voting)
Board: 11 members, majority independent (6), 2 women, independent chair
Audit committee: all 5 independent directors, including 2 accounting/finance experts
Internal control: ERM, ISO 37301 compliance certification, internal accounting and disclosure policies
External auditor: Samil PwC reappointed for 2026-2028; quarterly meetings without management
Corporate value-up plan disclosed (2025 & 2026) including dividend guidance
Active IR: quarterly conference calls, 9 overseas NDRs, information on website