50% Capital Reduction to Secure 100% Ownership of BlueOval SK (Record Date 2026-05-21)
Subsidiary BlueOval SK, LLC reduces 50% of its 10,288,682,880,000 won capital via paid-in capital reduction, resulting in capital of 5,144,341,440,000 won
Ford Motor Company's entire 50% stake is redeemed; after reduction, SK Battery America becomes sole 100% owner of BlueOval SK
Record date corrected from 2026-06-30 to 2026-05-21 due to completion of governance restructuring
Purpose: asset efficiency and operational flexibility through governance restructuring
KOSPI Filing Information
Filing: [Correction of Description] Capital Reduction Decision (Major Management Matters of Subsidiary)