SK chemicals ESG

Governance

Board of Directors Activities

The SK Chemicals Board of Directors resolves matters stipulated by laws or articles of association, issues delegated by the general meeting, and important issues related to the company's management policies and business execution.

Board of Directors Operations Status

2024
2023
2022
2021
2020

2024년

2024 Date of Board of Directors Meeting, Agenda Details
Session	Date	Agenda	External Directors
			Ahn Yang-ho	Park Jung-soo	Moon Sung-hwan	Jo Hong-hee	Choi Sun-mi
			Approval/Disapproval
1st	2024.01.24	1. Amendment of Board of Directors Regulations	Approval	Approval	Approval	Approval	-
1st	2024.01.24	※ Individual Compensation for CEO (Proposal)	-	-	-	-	-
2nd	2024.02.07	1. Approval of 7th Financial Statements and Business Reports	Approval	Approval	Approval	Approval	-
2nd	2024.02.07	※ Report on 2023 Business Performance and 2024 Business Plan	-	-	-	-	-
3rd	2024.02.28	1. 2024 Safety and Health Plan	Approval	Approval	Approval	Approval	-
		※ Report on 2023 Internal Accounting Management System Operation	-	-	-	-	-
		※ 2024 CEO KPI Report	-	-	-	-	-
		※ Committee Activity Results Report	-	-	-	-	-
4th	2024.03.06	1. Regular shareholders' Meeting Convening and Agend	Approval	Approval	Approval	Approval	-
		※ Report on 2023 Fiscal Year Internal Accounting Management System Operation	-	-	-	-	-
		※ Progress Report after SK Shantou Acquisition	-	-	-	-	-
5th	2024.03.26	1. Appointment of Committee Members	-	Approval	Approval	Approval	Approval
		※ Presentation on 2023 Board of Performance Evaluation Results	-	-	-	-	-
		※ Report on 2023 Compliance Support Activites	-	-	-	-	-
		* Report on Committee Activities and Outcomes	-	-	-	-	-
6th	2024.04.24	* Report on SK Chemicals China Business Dynamics	-	-	-	-	-
6th	2024.04.24	* Report on Q1 Business Performance and Q2 Plans	-	-	-	-	-
7th	2024.05.22	1. Buliding Lease Agreement	-	Approval	Approval	Approval	Approval
		2. Change in Committee and DX Lab Operation Agreement	-	Approval	Approval	Approval	Approval
		* Report on Risk Management Performance for 2023 and Plan for 2024	-	-	-	-	-
		* Report on Major Strategic Tasks of SKBS	-	-	-	-	-
8th	2024.06.26	1. Amendment of Audit Committee Regulations	-	Approval	Approval	Approval	Approval
		2. Transaction with SK Gas	-	Approval	Approval	Approval	Approval
		* Progress Report on the Divestiture of SK Chemical Engineering Suzhou	-	-	-	-	-
		* Investment Report on CP-2 ECOZEN Dedicated Facility Installation	-	-	-	-	-
9th	2024.07.24	1. Approval of Interrim Dividend (Determination of Dividend Amount and Record Date)	-	Approval	Approval	Approval	Approval
		2. Approval of Directors' and Officers' Liability Insurance Subscription	-	Approval	Approval	Approval	Approval
		3. Approvla of Donation and Conveyance of Jigwanseoga	-	Approval	Approval	Approval	Approval
		* SK Chemicals' Operation Improvement	-	-	-	-	-
		* Report on H1 Business Performance and H2 Business Plans	-	-	-	-	-
		* Review of CEO's H1 Key Performance Indicators (KPI)	-	-	-	-	-

※ Report Items

2023년

2023 Date of Board of Directors Meeting, Agenda Details
Session	Date	Agenda	Internal Directors		Independent Directors
			Kim Cheol (Director 1) (Attendance: 100%)	Ahn Jae-hyun (Director 2) (Attendance: 89%)	Ahn Yang-ho (Attendance: 100%)	Park Jung-soo (Attendance: 100%)	Moon Sung-hwan (Director 3) (Attendance: 100%)	Jo Hong-hee (Director 4) (Attendance: 100%)	Jeon Kwang-hyun (Director 5) (Attendance: 100%)
			Approval/Disapproval
1st	2023.02.01	1. Appointment of Committee Members within the Board of Directors	Approval	Approval	Approval	Approval	Approval	Approval	Approval
1st	2023.02.01	※ Report on Committee Activities	-	-	-	-	-	-	-
2nd	2023.02.09	1. Approval of Financial Statements and Business Reports	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. '23 Safety and Health Plan	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ '22 Management Performance and '23 Management Plan Report ※ '23 CEO KPI Report ※ '23 CEO Individual Compensation (Draft) Report	-	-	-	-	-	-	-
3rd	2023.02.22	※ Report on Subsidiary Company Guarantees ※ Report on Current Management Issues	-	-	-	-	-	-	-
4th	2023.02.28	1. Proposal for Payment Guarantee Agreement for Subsidiaries	Approval	Absent	Approval	Approval	Approval	Approval	Approval
		2. Transactions between Directors and the Company (Note 6)	Approval	Absent	Approval	Approval	Approval	Approval	Approval
		※ Report on the Operational Status of Internal Accounting Management for the '22 Fiscal Year ※ Report on Current Management Issues	-	-	-	-	-	-	-
5th	2023.03.06	1. Proposal for Establishment/Investment of Shuye Joint Venture	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. Regular Shareholders' Meeting Convening and Agenda Approval	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ 'Report on the Operational Evaluation of the Internal Accounting Management System for the '22 Fiscal Year ※ Report on Current Management Issues	-	-	-	-	-	-	-
6th	2023.03.28	1. Appointment of Chairman of the Board of Directors	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. Appointment of CEO	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		3. Appointment of Committee Members within the Board of Directors	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ Report on the Operation Evaluation Results of the Board of Directors for the '22 Fiscal Year ※ Report on Legal Compliance Activities for the '22 Fiscal Year ※ Report on the Execution Results of Board of Directors Resolutions	-	-	-	-	-	-	-
7th	2023.04.26	※ Report on 1st Quarter Management Performance and 2nd Quarter Management Plans ※ Report on SKMU PF Progress ※ Annual Goals and Performance Report of the Risk Management Committee for '23 ※ Report on Duties and Responsibilities of Directors of Listed Companies ※ Committee Activities Report ※ Board of Directors Workshop Report	-	-	-	-	-	-	-
8th	2023.06.01	1. Proposal for Setting the Record Date for Interim Dividends	Approval	Approval	Approval	Approval	Approval	Approval	Approval
8th	2023.06.01	2. Investment Agreement and Provision of Collateral for Subsidiary	Approval	Approval	Approval	Approval	Approval	Approval	Approval
9th	2023.06.28	※ SHE Diagnosis Implementation Results Report ※ Report on the Execution Results of Board of Directors Resolutions and Committee Activities	-	-	-	-	-	-	-

※ Report Items

(Note 1) Kim Cheol, an internal director, was reappointed at the 6th Regular Shareholders' Meeting held on March 28, 2023.
(Note 2) Ahn Jae-hyun, an internal director, was newly appointed at the 6th Regular Shareholders' Meeting held on March 28, 2023.
(Note 3) Moon Sung-hwan, an independent director, was reappointed at the 6th Regular Shareholders' Meeting held on March 28, 2023.
(Note 4) Jo Hong-hee, an independent director, was reappointed at the 6th Regular Shareholders' Meeting held on March 28, 2023.
(Note 5) Jeon Kwang-hyun, an other non-executive director, was newly appointed at the 6th Regular Shareholders' Meeting held on March 28, 2023.

(Note 6) This matter is related to the approval of self-dealing. For detailed information, please refer to the following.

자기거래의 승인대상 주요주주, 결의일자, 승인사항을 나타낸표
Target Company	Major Shareholder	Resolution Date	Approval Details
SK Gas Co., Ltd.	SK Discovery Co., Ltd.	2023.02.28	1. Purpose and Scope of Transaction (Service) Consulting for the SK Chemical-owned SK Bioscience subsidiary's stock sales effect and residual stake value enhancement 2. Service Period and Expected Transaction Amount Period: February 13, 2023, to July 31, 2023 Expected transaction amount: Approximately KRW 4.96 billion

2022년

2022년 이사회의 개최일자, 의안내용
Session	Date	Agenda	Internal Directors		Independent Directors
			Kim Cheol (Attendance Rate:100%)	Jeon Kwang-hyun(Note 1) (Attendance Rate:89%)	Ahn Yang-ho (Attendance Rate:100%)	Park Jung-soo(Note 2) (Attendance Rate:100%)	Moon Sung-hwan (Attendance Rate:100%)	Jo Hong-hee (Attendance Rate:100%)	Ahn Jae-hyun(Note 3) (Attendance Rate:91%)
			Approval Status
1st	2022.01.25	※ Report on the Operation Plan of the Personnel Committee for '22 ※ Report on '21 Business Performance and '22 Business Plan ※ Report on Internal Transactions for '2	-	-	-	-	-	-	Not applicable ('22 New appointment on March 28)
2nd	2022.02.10	1. Approval of Financial Statements and Business Report	Approval	Approval	Approval	Approval	Approval	Approval
2nd	2022.02.10	① '22 CEO KPI Repor ② '22 CEO Individual Compensation(Proposal) Report	-	-	-	-	-	-
3rd	2022.02.24	1. Amendment of Compliance Control Standards	Approval	Approval	Approval	Approval	Approval	Approval
3rd	2022.02.24	※ '21 Internal Accounting Management System Operation Status Report ※ Report on Shareholder Proposals ※ Report on Major Management Issues	-	-	-	-	-	-
4th	2022.03.03	1. Regular Shareholders' Meeting Convening and Agenda Confirmation	Approval	Approval	Approval	Approval	Approval	Approval
		2. '22 Safety/Health Plan	Approval	Approval	Approval	Approval	Approval	Approval
		※ '21 Internal Accounting Management System Operation Status Evaluation Report	-	-	-	-	-	-
5th	2022.03.21	1. Self-Stock Acquisition Trust Contract	Approval	Approval	Approval	Approval	Approval	Approval
5th	2022.03.21	※ Report on Key Management Issues	-	-	-	-	-	-
6th	2022.03.28	1. Appointment of CEO	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. Appointment of Committee Members within the Board of Directors	Approva	Approva	Approva	Approva	Approva	Approva	Approva
		3. Construction of Ulsan Plant Comprehensive Management Building	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		4. Decision to Accept the Current Issue Resolution Plan	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ Role Change of SUPEX Pursuit Council ※ Report on the '21 Board of Directors Operation Evaluation Results	-	-	-	-	-	-	-
7th	2022.04.27	1. Change in Building Lease Agreement	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. Amendment of Corporate Governance Charter	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		3. Amendment of ESG Committee Regulations	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		4. Equipment Expansion Investment	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ 1Q Business Performance/2Q Business Plan Report ※ Report on Independence/Diversity Guidelines for Independent Directors ※ Update on Major Management Status	-	-	-	-	-	-	-
8th	2022.05.25	1. Issue of Corporate Bonds Approval	Approval	Approval	Approval	Approval	Approval	Approval	Approval
8th	2022.05.25	※ Lessons Learned from PPS Business ※ Current Status and Future Plans for SK Multi-Utility Business ※ Report on Q1 SHE (Safety, Health, and Environment) Diagnosis Results and Measures	-	-	-	-	-	-	-
9th	2022.06.15	1. Proposal for Setting the Record Date for Interim Dividends	Approval	Approval	Approval	Approval	Approval	Approval	Approval
10th	2022.06.22	1. Proposal for Approval of Corporate Bond Issuance Limit	Approval	Approval	Approval	Approval	Approval	Approval	Approval
11th	2022.07.27	1. Proposal for Executive Compensation Insurance for 2022	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. Proposal for Interim Dividend Decision	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		3. Proposal for Funding Agreement	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ Report on Management Performance for the First Half of '22 ※ Report on KPI Review for the First Half of '22 by CEO ※ Report on Green Material Growth Strategy ※ Report on Current Management Affairs	-	-	-	-	-	-	-
12th	2022.08.24	1. Proposal for Agreements, etc., Regarding Committee Operations	Approval	Approval	Approval	Approval	Approval	Approval	Approval
12th	2022.08.24	※ Report on Fuel Purchases for SKMU	-	-	-	-	-	-	-
13th	2022.09.28	1. Proposal for the Repurchase of Company Shares	Approval	Approval	Approval	Approval	Approval	Approval	Approval
13th	2022.09.28	※ Group Ethics Management Measurement System	-	-	-	-	-	-	-
14th	2022.10.26	1. Proposal for Foundation Corporation Participation	Approval	Approval	Approval	Approval	Approval	Approval	Approval
14th	2022.10.26	※ '22 3rd Quarter Business Performance Report ※ '22 CEO Evaluation (Draft) Report	-	-	-	-	-	-	-
15th	2022.11.23	1. China Subsidiary Debt Guarantee	Approval	Approval	Approval	Approval	Approval	Approval	Approval
15th	2022.11.23	※ MU Business Progress and Future Plans Report ※ China Corporation (S Corp) Collaboration Progress Report ※ Pharma Business Compliance Operation System Report ※ Personnel Committee Results Report ※ Organizational Restructuring and Executive Personnel Report	-	-	-	-	-	-	-
16th	2022.12.21	1. Proposal for Approval of Corporate Bond Issuance Limit	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		2. Proposal for Appointment of Legal Support Personnel	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		3. Proposal for Appointment of Fair Trade Autonomous Compliance Manager	Approval	Approval	Approval	Approval	Approval	Approval	Approval
		※ Committee Activity Results Report	-	-	-	-	-	-	-

※ Report Items

(Note 1) Internal Director Jeon Kwang-hyun was reappointed on March 28, 2022.
(주2) Independent Director Park Jung-soo was reappointed on March 28, 2022.
(주3)Non-Executive Director Ahn Jae-hyun was newly appointed on March 28, 2022.

2021

Meeting Dates and Agenda of the Board of Directors in 2021
Session	Date	Agenda	Internal Directors		Independent Directors
			Kim Cheol (Attendance Rate:94%)	Jeon Kwang-hyun (Attendance Rate:100%)	Ahn Yang-ho (주1) (Attendance Rate:100%)	Park Jung-soo (Attendance Rate:100%)	Moon Sung-hwan (Attendance Rate:100%)	Jo Hong-hee (Attendance Rate:100%)
			Approval/Disapproval
1st	2021.01.27	1. Appointment of Legal Support Personnel	Approval	Approval	Not applicable (Reappointed on March 31, '21)	Approval	Approval	Approval
2nd	2021.02.05	1. Partial Sale of SK Bioscience Shares	Approval	Approval		Approval	Approval	Approval
2nd	2021.02.05	2. Approval of Financial Statements and Business Report	Approval	Approval		Approval	Approval	Approval
3rd	2021.02.24	※ Report on the Operation Status of the Internal Accounting Management System in 2020	-	-		-	-	-
4th	2021.03.10	1. Proposal for convening the 4th regular shareholders' meeting and confirming the agenda	Approval	Approval		Approval	Approval	Approval
4th	2021.03.10	※ Report on the results of the evaluation of the operation status of the internal accounting system in 2020 ※ Report on ESG management initiatives ※ Report on compliance support activities	-	-		-	-	-
5th	2021.03.31	1. Appointment of the Chairman of the Board of Directors	Approval	Approval	Approval	Approval	Approval	Approval
		2. Proposal for the establishment of the Corporate Governance Charter	Approval	Approval	Approval	Approval	Approval	Approval
		3. Agreement on the joint operation of the Smart Work Center (Note 2	Approval	Approval	Approval	Approval	Approval	Approval
		4. Amendment to the lease agreement with SK Gas (Note 3)	Approval	Approval	Approval	Approval	Approval	Approval
		5. Decision on the method of exercising stock purchase options	Approval	Approval	Approval	Approval	Approval	Approval
		※ Report on the operation evaluation results of the Board of Directors in 2020	-	-	-	-	-	-
6th	2021.04.14	1. Acquisition of shares in the Chinese subsidiary (S Company)	Approval	Approval	Approval	Approval	Approval	Approval
7th	2021.04.28	1. Amendment of certain conditions for acquiring shares in S Company	Approval	Approval	Approval	Approval	Approval	Approval
7th	2021.04.28	※ Report on 1st quarter financial performance / 2nd quarter business plan ※ Report on the progress of the MU business (draft) ※ Report on the improvement of the Composite Materials business structure (draft) ※ Report on the improvement of facilities in the Ulsan Plant management building/welfare facility infra (draft)	-	-	-	-	-	-
8th	2021.05.26	1. 2021 Safety and Health Plan	Approval	Approval	Approval	Approval	Approval	Approval
		2. Agreement on the operation of Discovery Lab (Note 4))	Approval	Approval	Approval	Approval	Approval	Approval
		3. 2021 Group-wide KPI (draft)	Approval	Approval	Approval	Approval	Approval	Approval
		※ 2021 Cash Flow estimate and fund utilization plan ※ Net zero group joint declaration preparation ※ Report on the Ulsan Plant visit plan	-	-	-	-	-	-
9th	2021.06.23	1. Installation and regulation establishment of committees within the Board of Directors	Approval	Approval	Approval	Approval	Approval	Approval
		2. Proposal for abolishing the Management Committee	Approval	Approval	Approval	Approval	Approval	Approval
		3. Appointment of committee members within the Board of Directors	Approval	Approval	Approval	Approval	Approval	Approval
		4. Proposal for business transfer	Approval	Approval	Approval	Approval	Approval	Approval
		※ Open R&D Venture Investment (draft)	-	-	-	-	-	-
10th	2021.07.27	1. Proposal for executive compensation liability insurance	Approval	Approval	Approval	Approval	Approval	Approval
10th	2021.07.27	※ Report on the first half financial performance ※ Report on the progress of S Company's investment in China ※ Report on the progress of the Copolyester #4 investment	-	-	-	-	-	-
11th	2021.08.25	1. Contract signing for development outsourcing with SK Plasma (Note 5)	Approval	Approval	Approval	Approval	Approval	Approval
11th	2021.08.25	※ Introduction of executive personnel management system ※ First-half organizational KPI evaluation report	-	-	-	-	-	-
12th	2021.09.13	1. Investment proposal for the Multi-Utility business	Absent	Approval	Approval	Approval	Approval	Approval
		2. Approval of the split plan		Approval	Approval	Approval	Approval	Approval
		3. Proposal for convening an interim shareholders' meeting and confirming the agenda		Approval	Approval	Approval	Approval	Approval
		4. Proposal for setting the reference date for convening an interim shareholders' meeting		Approval	Approval	Approval	Approval	Approval
		5. Approval of the transaction with SK Gas (Note 6)		Approval	Approval	Approval	Approval	Approval
		※ Management status update		-	-	-	-	-
13th	2021.09.24	※ Enhancing shareholder value measures ※ Evaluation results of key ESG indicators in the first half ※ Management status update	-	-	-	-	-	-
14th	2021.10.07	1. Proposal for the transfer of reserves to capital (bonus issue)	Approval	Approval	Approval	Approval	Approval	Approval
14th	2021.10.07	※ Mid-term dividend policy	-	-	-	-	-	-
15th	2021.10.27	1. Proposal for business transfer	Approval	Approval	Approval	Approval	Approval	Approval
		2. Proposal for the establishment of a foundation corporation	Approval	Approval	Approval	Approval	Approval	Approval
		※ 3rd quarter financial performance	-	-	-	-	-	-
16th	2021.12.01	1. Proposal for adjusting the quantity and exercise price of stock options	Approval	Approval	Approval	Approval	Approval	Approval
		2. Report on the progress and announcement of the split (beyond reporting meetings)	Approval	Approval	Approval	Approval	Approval	Approval
		※ Report on the composition of the board of directors of the newly established company in the split ※ 2022 organizational restructuring and executive personnel matters report ※ Report on the evaluation of the CEO and the results of the Personnel Committee's review of reappointment	-	-	-	-	-	-
17th	2021.12.22	1. Proposal for the appointment of legal support personnel	Approval	Approval	Approval	Approval	Approval	Approval
		2. Proposal for the appointment of a compliance manager for fair trade autonomy	Approval	Approval	Approval	Approval	Approval	Approval
		3. Proposal for amending the regulations of the Board of Directors and the Audit Committee	Approval	Approval	Approval	Approval	Approval	Approval
		4. Additional party agreement on the operating expenses of the SUPEX Pursuit Consultative Council	Approval	Approval	Approval	Approval	Approval	Approval
		5. Proposal for changes to the development outsourcing agreement with SK Plasma	Approval	Approval	Approval	Approval	Approval	Approval
		※ Leader compliance check report ※ 2021 compliance support activities report	-	-	-	-	-	-

※ Reporting items

(Note 1) Independent Director Ahn Yang-ho was reappointed on March 31, 2021, and the Attendance Rate is calculated only for the period after the reappointment.

(Note 2) For detailed information on this matter related to self-dealing approval, please refer to the following.

Target Companies for Self-Dealing Approval, Major ShareholdersㅡResolution Date, Approval Details
Target Company	Major Shareholders	Resolution Date	Approval Details
SK Chemicals Co., Ltd. SK Gas Co., Ltd. SK D&D Co., Ltd. SK Bioscience Co., Ltd. SK Discovery Co., Ltd.	SK Discovery Co., Ltd.	2021.03.31	Main content: Promotion of "Achieving High Performance Organizations" through "Innovative Work Methods" of SK Discovery affiliates by establishing a Smart Work Center, jointly operating with related companies under SK Discovery, and sharing the associated costs based on the proportion of each company's members. Cost: One-time cost of approximately 23 million won and annual operating cost of approximately 7.7 million won, calculated based on the proportion of members of each company. Contract period: May 1, 2021, to April 30, 2024 (Renewable under the same conditions until March 2027 upon joint request)

(Note 3) This matter pertains to approval for self-dealing. Please refer to the details below.

Companies Subject to Self-Dealing Approval, Major Shareholders - Resolution Date, Approval Details
Target Company	Major Shareholders	Resolution Date	Approval Details
SK Gas Co., Ltd.	SK Discovery Co., Ltd.	2021.03.31	Main content: Temporary office space demand for remodeling SK Gas Co., Ltd.'s ECO Hub headquarters and improving operational efficiency of ECO Lab office space at SK Chemical Co., Ltd.'s ECO Lab headquarters Contract Period: March 22, 2021, to July 31, 2021 (The contract end date may change due to the re-spread of COVID-19, and if an extension is requested, it can be extended for an additional three months under the same conditions)

(Note 4) This matter pertains to approval for self-dealing. Please refer to the details below.

자기거래 승인 대상회사, 주요주주ㅡ 결의일자, 승인사항
Target Company	Major Shareholders	Resolution Date	Approval Details
SK Chemicals Co., Ltd. SK Gas Co., Ltd. SK D&D Co., Ltd. SK Bioscience Co., Ltd. SK Discovery Co., Ltd.	SK Discovery Co., Ltd.	2021.03.31	Main content: Joint operation of 'Discovery Lab' since June 2020 to promote Digital Transformation (DT) within Discovery. Renewal of the existing agreement is necessary for operations. Cost: Allocation based on the proportion of total assets of each company (SK Discovery Co., Ltd. 6%, SK Gas Co., Ltd. 49%, SK Chemical Co., Ltd. 19%, SK D&D Co., Ltd. 19%, SK Bioscience Co., Ltd. 7%) Contract Period: June 1, 2021, to December 31, 2021

(Note 5) This matter pertains to approval for self-dealing. Please refer to the details below.

자기거래 승인 대상회사, 주요주주ㅡ 결의일자, 승인사항
Target Company	Major Shareholders	Resolution Date	Approval Details
SK Plasma Co., Ltd.	SK Discovery Co., Ltd.	2021.08.25	Subject Item: Generic product of Revolade tablets (eltrombopag) 25mg/50mg SK Plasma Co., Ltd. provides research and development funds, and SK Chemical Co., Ltd. is progressing with product development. Expected Contract Period and Development Cost: Expected completion by December 2024 / KRW 23.5 billion

(Note 6) This matter pertains to approval for self-dealing. Please refer to the details below.

자기거래 승인 대상회사, 주요주주ㅡ 결의일자, 승인사항
Target Company	Major Shareholders	Resolution Date	Approval Details
SK Gas Co., Ltd.	SK Discovery Co., Ltd.	2021.09.13	Main content: Signing a settlement agreement to pay for the results of work performed by SK Gas Co., Ltd., either directly or through a third party, related to preparing for the utility supply business. Signing a service contract for support of the establishment of a new corporation. Expected Contract Amount: Total KRW 29.4 billion (Settlement agreement: KRW 27 billion, Service contract: KRW 2.4 billion)

Year 2020

Meeting Dates and Agenda of the Board of Directors in 2020
Session	Meeting Date	Agenda	Internal Directors		Independent Directors
			Kim Cheol (Main 1) (Attendance Rate: 100%)	Jeon Kwang-hyun (Attendance Rate: 100%)	Choi Jung-hwan (Main 2) (Attendance Rate: 100%)	Ahn Yang-ho (Attendance Rate: 100%)	Park Jung-soo (Attendance Rate: 100%)	Moon Seong-hwan (Main 3) (Attendance Rate: 100%)	Jo Hong-hee (Main 3) (Attendance Rate: 100%)
			Approval Status
1st	2020.02.05	1. Proposal for Business Transfer	Approval	Approval	Approval	Approval	Approval
		2. Extraordinary General Meeting Convening	Approval	Approval	Approval	Approval	Approval
		3. Setting the Record Date and Closed Period for Shareholders' Register	Approval	Approval	Approval	Approval	Approval
2nd	2020.02.10	1. Approval of Financial Statements and Business Reports	Approval	Approval	Approval	Approval	Approval
		2. Proposal for Investment in PO3G Commercial Facilities	Approval	Approval	Approval	Approval	Approval
		3. Reporting on 2019 Management Performance and 2020 Management Plan
3rd	2020.02.26	1. Report on the Operation Status of the Internal Accounting Management System for the Year 2019
3rd	2020.02.26	2. Report on the Revision of SKMS
4th	2020.03.10	1. Proposal for the Establishment of SKYBON/PEL Factory in China	Approval	Approval	Approval	Approval	Approval
		2. Proposal for the Sale of Shares in the Chinese Chemical Company	Approval	Approval	Approval	Approval	Approval
		3. Convening of the 3rd Regular General Shareholders' Meeting and Confirmation of Agenda	Approval	Approval	Approval	Approval	Approval
		4. Report on the Evaluation Results of the Operation Status of the Internal Accounting Management System for the Year 2019
5th	2020.03.25	1. Proposal for the Appointment of the Board of Directors Chairman	Approval	Approval		Approval	Approval	Approval	Approval
		2. Proposal for the Appointment of the CEO	Approval	Approval		Approval	Approval	Approval	Approval
		3. Proposal for the Appointment of Committee Members within the Board of Directors	Approval	Approval		Approval	Approval	Approval	Approval
		4. Proposal for the Amendment of Executive Management Regulations	Approval	Approval		Approval	Approval	Approval	Approval
		5. Report on the Progress of 'Support for Social Responsibility'
6th	2020.04.24	1. Report on the Impact and Response to the Economic Crisis
7th	2020.05.27	1. Agreement on the Operation of Discovery Lab (Item 4)	Approval	Approval		Approval	Approval	Approval	Approval
8th	2020.06.24	1. Report on the Progress of the Bioenergy Business Sale
9th	2020.07.22	1. Proposal for Executive Compensation Liability Insurance	Approval	Approval		Approval	Approval	Approval	Approval
		2. Report on First-half Business Performance	Approval	Approval		Approval	Approval	Approval	Approval
		3. Report on Major Business Affairs of Subsidiaries	Approval	Approval		Approval	Approval	Approval	Approval
10th	2020.08.26	1. Proposal for In-kind Contribution to the Reagent Business	Approval	Approval		Approval	Approval	Approval	Approval
		2. Proposal for Lease Agreement with SK Gas (Item 5)	Approval	Approval		Approval	Approval	Approval	Approval
		3. Business Status Update	Approval	Approval		Approval	Approval	Approval	Approval
11th	2020.10.28	1. Proposal for the Introduction of Electronic Voting	Approval	Approval		Approval	Approval	Approval	Approval
		2. Proposal for Foundation Capital Participation	Approval	Approval		Approval	Approval	Approval	Approval
		3. Report on the 3rd Quarter Business Performance	-	-		-	-	-	-
		4. Report on Major Business Affairs of Subsidiaries	-	-		-	-	-	-
12th	2020.11.25	1. Proposal for Adjustment of Stock Option Exercise Price	Approval	Approval		Approval	Approval	Approval	Approval
		2. Proposal for Determining the Method of Stock Option Exercise	Approval	Approval		Approval	Approval	Approval	Approval
		3. Report on the Status of Copolyster Business and #4 Plant Investment	-	-		-	-	-	-
		4. Report on Major Business Status	-	-		-	-	-	-
13th	2020.12.23	1. Proposal for SK Brand Usage Agreement	Approval	Approval		Approval	Approval	Approval	Approval
		2. Report on Amendments to the Commercial and Fair Trade Laws	-	-			-	-	-
		3. Report on Business Status	-	-			-	-	-

※ Report Items

(Note 1) Director Kim Cheol was reappointed on March 25, 2020.
(Note 2) Independent Director Choi Jung-hwan resigned as of March 25, 2020, and the attendance rate was calculated only until the resignation date.
(Note 3) Independent Directors Moon Sung-hwan and Jo Hong-hee were appointed on March 25, 2020, and the attendance rate was calculated only after their appointment.
(Note 4) Independent Director Ahn Yang-ho retired on December 1, 2020, due to the expiration of his term, and the attendance rate was calculated only until the retirement date.

(Note 5) This matter pertains to the approval of related-party transactions. For detailed information, please refer to the following:

Related-Party Transaction Approval: Target Companies, Directors, Resolution Date, Approval Details
Target Companies	Directors	Resolution Date	Approval Details
SK Discovery Co., Ltd. SK Gas Co., Ltd. SK Chemical Co., Ltd. SK D&D Co., Ltd.	SK Discovery Co., Ltd.	May 22, 2020	Main Content: Establishment of a dedicated organization (Discovery Lab) under SK Discovery Co., Ltd. to actively promote DT (Digital Transformation) and joint operation with subsidiaries, sharing the associated costs Operating Costs: Approximately KRW 30 million annually, calculated based on the ratio of each company's total assets, with quarterly settlements * Excluding the book value of any shares held by one subsidiary in another subsidiary Contract Period: June 01, 2020, to May 31, 2021 (Automatically extended if there is no intention to terminate; Board of Directors approval is scheduled in case of a significant increase in operating costs and sharing ratio)

(Note 6) This matter pertains to the approval of related-party transactions. For detailed information, please refer to the following:

Related-Party Transaction Approval: Target Companies, Major Shareholders, Resolution Date, Approval Details
Target Companies	Directors	Resolution Date	Approval Details
SK Gas Co., Ltd.	SK Discovery Co., Ltd.	August 26, 2020	Temporary lease of office space in ECO Lab, the headquarters of SK Chemicals Co., Ltd., by SK Gas Co., Ltd., due to a temporary demand for office space for the remodeling of SK Hub, SK Gas Co., Ltd.'s headquarters

※ The content is related to agenda items discussed at board of directors meetings held from the beginning of the fiscal year that includes the disclosure document creation reference date to the reference date.

2019

2021 Board of Directors Meeting Dates and Agenda
Session	Date	Agenda	Internal Directors		Independent Directors
			Kim Cheol (Attendance: 100%)	Jeon Kwang-hyun (Note 1) (Attendance: 100%)	Choi Jung-hwan (Attendance: 92%)	Ahn Deok-geun (Note 2) (Attendance: 100%)	Ahn Yang-ho (Attendance: 100%)	Park Jung-soo (Note 1) (Attendance: 100%)
			Approval/Disapproval
1st	2019.01.31	[Agenda] 1. Approval of Financial Statements and Business Report [Report] 1. Business Update	Approval		Approval	Approval	Approval
2nd	2019.02.22	[Agenda] 1. Support for Social Responsibility [Report] 1. Report on the Operation Status of the Internal Accounting Management System in 2018	Approval		Approval	Approval	Approval
3rd	2019.03.06	[Agenda] 1. Granting of Stock Options 2. Regular Shareholders' Meeting Convening and Agenda Confirmation	Approval		Approval	Approval	Approval
3rd	2019.03.06	[Report] 1. Report on the Evaluation Results of the Operation Status of the Internal Accounting Management System in 2018	Approval		Approval	Approval	Approval
4th	2019.03.25	[Agenda] 1. Appointment of CEO 2. Appointment of Committee Members within the Board of Directors	Approval	Approval	Absent		Approval	Approval
4th	2019.03.25	[Report] 1. Update on Subsidiary (Initz) Management Status	Approval	Approval	Absent		Approval	Approval
5th	2019.04.24	[Agenda] 1. Agreement on Subsidiary Stock Transactions 2. Execution of Third-Party Allotment for Paid-In Capital Increase	Approval	Approval	Approval		Approval	Approval
5th	2019.04.24	[Report] 1. Report on Q1 Business Performance	Approval	Approval	Approval		Approval	Approval
6th	2019.05.30	[Agenda] 1. Agreement on Subsidiary Funding Commitment 2. Closure of Branches	Approval	Approval	Approval		Approval	Approval
6th	2019.05.30	[Report] 1. Business Update	Approval	Approval	Approval		Approval	Approval
7th	2019.07.24	[Agenda] 1. Executive Compensation Liability Insurance 2. Lease Agreement with SK Advanced	Approval	Approval	Approval		Approval	Approval
7th	2019.07.24	[Report] 1. Report on First-Half Business Performance	Approval	Approval	Approval		Approval	Approval
8th	2019.08.28	[Agenda] 1. Facility Funding Loan Proposal 2. Acquisition of Stocks from Other Companies Proposal	Approval	Approval	Approval		Approval	Approval
8th	2019.08.28	[Report] 1. PPS Business Status Report	Approval	Approval	Approval		Approval	Approval
9th	2019.09.03	[Agenda] 1. Merger Proposal for Initz 2. Setting Period and Base Date for Shareholder Registry Closure	Approval	Approval	Approval		Approval	Approval
10th	2019.10.23	[Agenda] 1. Approval for the Merger of Initz Co., Ltd. [Report] 1. Report on Business Performance for Q3 2019	Approval	Approval	Approval		Approval	Approval
11th	2019.12.02	[Agenda] 1. End-of-Merger Report and Approval for Announcement	Approval	Approval	Approval		Approval	Approval
12th	2019.12.18	[Agenda] 1. Approval of Corporate Bond Issuance Limit [Report] 1. Report on Organizational Restructuring and Executive Personnel for 2020 2. Report on the Progress of PO3G Business 3. Report on the Progress of PO3G Business	Approval	Approval	Approval		Approval	Approval

※ Report Items

(Note 1) Kim Cheol, an internal director, and Park Jung-soo, an independent director, were appointed on March 25, 2019. Therefore, the attendance rate calculation excludes the meetings held before their appointment.
(Note 2) Ahn Deok-geun, an independent director, resigned on March 25, 2019. Therefore, the attendance rate calculation excludes the meetings held after his resignation.
※ The content is related to the agenda of the board of directors meetings held from the beginning of the business year that includes the disclosure document creation standard date to the standard date.

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