SK Telecom Co Ltd (NYSE:SKM) Q1 2021 Earnings Conference Call May 11, 2021 3:30 AM ET Company Participants Joong Suk Oh - Head of IR Planning Poong Young Yoon - CFO, Head Corporate Center 1 Hyung-il Ha - VP & Head, Corporate Center 2 Han Myung-Jin - Head of Subscription Service Company Conference Call Participants Tae-Wan Oh - Korea Investment & Securities Minha Choi - Samsung Securities Kim Hoi Jae - Daishin Securities Sean Lee - Citigroup Neale Anderson - HSBC Stanley Yang - JPMorgan Joong Suk Oh Good aft ...

Table of Contents As filed with the Securities and Exchange Commission on April 29, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ ...

Financial Data and Key Metrics Changes - Consolidated revenue for fiscal year 2020 recorded KRW 18,624.7 billion, up 5% year-on-year [4] - Consolidated operating income recorded KRW 1,349.3 billion, up 21.8% year-on-year [5] - Net income increased by 74.3% year-on-year due to equity method income from SK Hynix [5] Business Line Data and Key Metrics Changes - Non-consolidated MNO revenue for 2020 recorded KRW 11,746.6 billion, up 2.8% year-on-year [6] - MNO operating income grew 7.5% year-on-year to record KRW 1,023.1 billion [7] - SK Broadband's consolidated revenue recorded KRW 3,713.5 billion, up 17.2% year-on-year [11] - Security business revenue recorded KRW 1,338.6 billion, up 12.2% year-on-year [11] - Commerce revenue recorded KRW 814.3 billion, up 12.1% year-on-year [12] Market Data and Key Metrics Changes - 5G subscriber count stood at 5.48 million as of the end of 2020, expected to reach 9 million by the end of 2021 [8] - The merger of SK Broadband and t-broad contributed to the growth in pay-TV subscribers, reaching 8.59 million in 2020 [14] Company Strategy and Development Direction - The company aims to transform its MNO business into an AI platform-based subscription service company [9][10] - Plans to introduce various subscription products and services beyond mobile lines for smartphones [9] - The security business is expected to double its revenue to surpass KRW 1.6 trillion after the merger of ADT Caps and SK Infosec [15] - T Map Mobility aims to grow into an all-in-one Mobility-as-a-Service provider [18] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a revenue target of KRW 19,500 billion for 2021, up 5% year-on-year [22] - The company emphasized the importance of innovation and a competitive business portfolio to remain resilient in a non-face-to-face business environment [23] Other Important Information - The dividend for 2020 has been decided at KRW 10,000, pending approval at the March AGM [22] - The company is preparing for the IPO of ONE Store this year [20] Q&A Session Summary Question: Corporate governance structure change likelihood - Management is open to possibilities regarding corporate governance changes to maximize shareholder value but has not made specific decisions yet [27][28] Question: Impact of lower-end 5G price plans on earnings - The new online-only price plan is about 30% lower than existing tariffs, expected to slightly decrease ARPU but increase subscriber growth and revenue [30] Question: Dividend policy and expectations for MNO performance - The year-end dividend for fiscal year 2020 is set at KRW 9,000, with discussions ongoing for potential increases based on MNO performance [34][35] Question: Marketing situation post-device launches - Marketing subsidies may temporarily increase with new device launches, but a stable market trend is expected to continue [36] Question: AI-based subscription service company transformation - The target is to reach 20 million subscription service users by 2023 with a revenue target of KRW 600 billion [42] Question: T Map Mobility's current situation and expectations - T Map Mobility is on track for a joint venture with Uber and plans to launch various services gradually [44] Question: Strategies for wavve and collaboration with Amazon - The company is exploring various options for partnerships to enhance wavve's competitiveness and is preparing for collaboration with Amazon for 11ST [50][53]

SK Telecom Co.,Ltd (NYSE:SKM) Q3 2020 Results Earnings Conference Call November 5, 2020 2:30 AM ET Company Participants Jeong Hwan Choi - Investor Relations Officer Poong-Young Yoon - Chief Financial Officer & Head of Corporate Center I Hyung-il Ha - Head of Corporate Center II Jong Ho Lee - Senior Vice President & Head of Global Business Office Myung-Jin Han - Head, MNO Marketing. Conference Call Participants Kim Joonsop - KB Securities Kim Hoi - Daishin Securities Ahn Jae-min - NH Investment & Securities ...

SK Telecom Co., Ltd. (NYSE:SKM) Q2 2020 Earnings Conference Call August 6, 2020 2:00 AM ET Company Participants Jeong Hwan Choi - Investor Relations Officer Poong-Young Yoon - Chief Financial Officer & Head of Corporate Center I Hyung-il Ha - Head of Corporate Center II Conference Call Participants Hoi Kim - Daishin Securities Co. Jae-min Ahn - NH Investment & Securities Co. Min Jun Jang - Kiwoom Securities Co. Joonsop Kim - KB Securities Co. Hong-sik Kim - Hana Financial Investment Seyon Park - Morgan Stan ...

0 Investor Briefing 2020. 1Q Results (K-IFRS, Non-audited) SK Telecom May 7, 2020 Investor Briefing Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom and its subsidiaries (the "Company", or "SKT") and plans and objectives of the management of the Company. The aforementioned forward-looking statements are influenced by unknown risks, uncertainties and other factors which may change the actual results or p ...

SK Telecom Co., Ltd (NYSE:SKM) Q1 2020 Earnings Conference Call May 7, 2020 2:00 AM ET Company Participants Jeong Hwan Choi - Investor Relations Officer Poong-Young Yoon - Chief Financial Officer & Head of Corporate Center I Hyoung-il Ha - Head of Corporate Center II Conference Call Participants Sean Lee - Citigroup Kim Hoi Jae - Daishin Securities Kim Taewon - UBS Securities Hong Sunyoung - Nomura Financial Investment Kim Hongsik - Hana Financial Investment Jeong Hwan Choi [Foreign Language] Good afternoon ...

SK Telecom Co., Ltd (NYSE:SKM) Q4 2019 Earnings Conference Call February 6, 2020 9:00 PM ET Company Participants Jeong Hwan Choi - Investor Relations Officer Poong-Young Yoon - Chief Financial Officer & Head of Corporate Center I Ha Hyoung-il - Head of Corporate Center II Han Myung-jin - Head of the MNO Marketing Group Conference Call Participants Hoi Jae Kim - Daishin Securities Joonsop Kim - KB Securities Jae-min Ahn - NH Securities Neale Anderson - HSBC Jeong Hwan Choi [Foreign Language] Good morning. I ...

Financial Data and Key Metrics Changes - Consolidated revenue for Q3 2019 was KRW 4,561.2 billion, representing a 9% year-on-year increase and a 2.8% quarter-on-quarter increase [4] - Consolidated operating income was KRW 302.1 billion, remaining stable compared to the previous year, with growth in non-MNO businesses offsetting increased 5G-related marketing and depreciation costs [5] - Net income was KRW 274.4 billion, down 73.9% year-on-year due to equity method income on SK Hynix, but up 5.9% quarter-on-quarter [6] Business Line Data and Key Metrics Changes - MNO revenue reached KRW 2,486.4 billion, up 0.1% year-on-year and 2.1% quarter-on-quarter, driven by an increase in 5G subscribers and data usage [9] - Media business generated IPTV revenue of KRW 333.7 billion, with a 14% year-on-year increase and a 3.6% quarter-on-quarter increase [11] - Security business revenue increased by 3% quarter-on-quarter to KRW 306 billion, with stable operating income of KRW 41.4 billion [13] - Commerce business recorded revenue of KRW 188.5 billion and operating income of KRW 1.5 billion, marking three consecutive quarters of surplus [14] Market Data and Key Metrics Changes - The number of 5G subscribers exceeded 1.54 million by the end of September, with expectations to reach 2 million by year-end [10] - SK Telecom holds approximately 44% market share in 5G, with plans to increase penetration to 48% of the total subscriber base [41] Company Strategy and Development Direction - The company launched the new OTT service "wavve" on September 18, aiming to acquire 5 million paying subscribers by 2023 [12] - A strategic partnership with Kakao was established, focusing on MNO, commerce, digital content, and future ICT [15] - The company aims to maintain a stable level of shareholder returns while managing cash demands due to the 5G launch [62] Management's Comments on Operating Environment and Future Outlook - Management noted a stable market operation beginning in September, with a focus on quality service rather than price competition [45] - The company expects ARPU growth to continue into Q4 2019 and into 2020, driven by the growth of 5G subscribers opting for higher-tier plans [52] Other Important Information - SK Telecom became the first Asian company to be included in the DJSI World Index for 12 consecutive years [16] - The merger with t-broad is pending FTC approval, with expectations to conclude the process in Q1 2020 [58] Q&A Session Summary Question: Update on wavve subscribers and partnership with Kakao - As of the end of October, wavve has 1.4 million subscribers, on track to reach 5 million by 2023, with a KRW 200 billion investment for content acquisition [23][24] Question: 5G coverage outlook - The company plans to expand 5G coverage to 70 clusters by year-end, focusing on densely populated areas and in-building coverage [30][31] Question: Marketing costs and ARPU outlook - Marketing costs will focus on service quality rather than price competition, with ARPU expected to see growth in Q4 and into 2020 [45][52] Question: Status of t-broad merger and year-end dividend - The merger is pending regulatory approval, expected to conclude in Q1 2020, with stable dividend policies maintained despite cash demands from 5G [58][62] Question: Project xCloud partnership with Microsoft - The partnership is based on a subscription model, with details on revenue sharing to be determined post-public preview [70][72]

0 Investor Briefing 2019. 3Q Results (K-IFRS, Non-audited) SK Telecom October 31, 2019 Investor Briefing Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom and its subsidiaries (the "Company", or "SKT") and plans and objectives of the management of the Company. The aforementioned forward-looking statements are influenced by unknown risks, uncertainties and other factors which may change the actual results ...