Shareholders at SK Telecom (NYSE: SKM) clear 2025 results, dividend and new board

Rhea-AI Filing Summary

SK Telecom Co., Ltd. reported that shareholders approved the financial statements for the 42nd fiscal year ended December 31, 2025, along with all other proposals at the annual general meeting.

On a consolidated basis, the company recorded operating revenue of 17,099,213 million Won, operating income of 1,073,215 million Won and profit for the year of 375,084 million Won, with basic earnings per share of 1,825 Won. Shareholders approved cash dividends totaling 353,550,576,500 Won, including an interim dividend of 1,660 Won per common share and a market dividend rate of 3.1%. They also approved amendments to the articles of incorporation, a reduction of capital reserve, director and audit committee appointments for three-year terms, the ceiling on director remuneration, and a plan for holding and disposal of treasury shares.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF MARCH 2026

Commission File Number: 333-04906

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

65, Euljiro, Jung-gu

Seoul 04539, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒     Form 40-F ☐

RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

1. Approval of Financial Statements for the 42nd Fiscal Year (2025): approved as originally submitted (with [70.9]% of issued and outstanding shares with voting rights (or [96.5]% of such shares that actually exercised voting power) voting in favor)

The 42nd Fiscal Year (Fiscal Year ended December 31, 2025)
(in millions of Won, except for basic earnings per share)
Consolidated		- Total Assets		30,107,783		- Operating Revenue			17,099,213
		- Total Liabilities		17,152,491		- Operating Income			1,073,215
		- Share Capital		30,493		- Profit for the Year			375,084
		- Total Equity		12,955,292		- Basic Earnings per Share (Won)			1,825
Separate		- Total Assets		25,148,736		- Operating Revenue			12,051,068
		- Total Liabilities		13,157,686		- Operating Income			811,842
		- Share Capital		30,493		- Profit for the Year			410,795
		- Total Equity		10,991,050		- Basic Earnings per Share (Won)			1,836
(1)  Prepared in accordance with International Financial Reporting Standards as adopted in Korea  (2)  Opinion of independent auditors: Unqualified
Approval of Cash Dividends
(in Won, except for percentages)
Cash Dividends		Dividend per Share		Common Stock		Year-end Dividend			—
						Interim Dividends			1,660
				Preferred Stock		Year-end Dividend			—
						Interim Dividends			—
		Total Cash Dividend							353,550,576,500
		Market Dividend Rate (%) (including interim dividends)				Common Stock			3.1
						Preferred Stock			—

2. Amendments to the Articles of Incorporation: approved as originally submitted (with [73.4]% of issued and outstanding shares with voting rights (or [99.9]% of such shares that actually exercised voting power) voting in favor)

3. Approval of Reduction of Capital Reserve: approved as originally submitted (with [73.4]% of issued and outstanding shares with voting rights (or [99.9]% of such shares that actually exercised voting power) voting in favor)

4-1. Appointment of an Executive Director (Jung, Jaihun): approved as originally submitted (with [73.3]% of issued and outstanding shares with voting rights (or [99.8]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Jung, Jaihun		3 years		2025 - Present 2024 - 2025 2024 2022 - 2023 2021 - 2022 2020 – 2021 2019 2017 – 2018		Chief Executive Officer, SK Telecom Chief Governance Officer, SK Telecom Head of External Affairs, SK Telecom Director of Investment Support Center, SK Square; Head of Transformation Initiative, SK Telecom Head of Legal Affairs and Director of Investment Support Center, SK Square Head of Legal Group 2, SK Telecom Presiding Judge, Seoul Central District Court Director General of the Information Technology Bureau, National Court Administration of the Supreme Court of Korea		Newly appointed

4-2. Appointment of an Executive Director (Han, Myung Jin): approved as originally submitted (with [72.1]% of issued and outstanding shares with voting rights (or [98.1]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Han, Myung Jin		3 years		2025 - Present 2024 - 2025 2024 2021 - 2023 2019 - 2020 2016 - 2018		Head of MNO Company-in-Company Unit, SK Telecom Representative Director and Chief Executive Officer, SK Square Director of Investment Support Center, SK Square Chief Strategy Officer, SK Telecom Head of MNO Business Support Group, SK Telecom Head of Global Business Development Division; SK Telecom		Newly appointed

4-3. Appointment of a Non-executive Director (Yoon, Poong Young): approved as originally submitted (with [73.1]% of issued and outstanding shares with voting rights (or [99.5]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Yoon, Poong Young		3 years		2025 - Present 2023 - 2025 2021 - 2022 2019 - 2021 2018 2016 - 2017		President of SUPEX Council Project Chief Executive Officer, SK AX Chief Investment Officer, SK Square Head of Corporate Center, SK Telecom Head of PM Group, SK Telecom Head of Planning Division, SK C&C		Newly appointed

4-4. Appointment of an Independent Non-executive Director (Oh, Alice Haeyun): approved as originally submitted (with [71.3]% of issued and outstanding shares with voting rights (or [97.1]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Oh, Alice Haeyun		3 years		2008 - Present 2025 - Present 2018 - 2024 2021 - 2023 2020 - 2022 2001 - 2002		Professor of Computing, KAIST Head of Global Cooperation Subcommittee, National AI Strategy Committee Director, KAIST Center for MARS Artificial Intelligence Research President and Vice President, KAIST Artificial Intelligence Research Institute Civilian Committee Member, the Presidential Committee on the 4th Industrial Revolution Researcher, Hewlett-Packard		Reappointed

4-5. Appointment of an Independent Non-executive Director (Lee, Seong Yeob): approved as originally submitted (with [73.3]% of issued and outstanding shares with voting rights (or [99.8]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Lee, Seong Yeob		3 years		2019 - Present 2025 - Present 2025 - Present 2022 - Present 2004 - 2015 2001 - 2004		Professor of Graduate School of Management of Technology, Korea University President, Korea Information & Communication Technology Law Association Honorary President, Korea Data Artificial Intelligence Law and Policy Society Civilian Chair, Personal Information Regulation Review Committee, Personal Information Protection Commission Foreign Attorney (U.S.), Kim & Chang Senior Government Official, Office for Government Policy Coordination, Prime Minister’s Secretariat		Newly appointed

5. Appointment of an Independent Non-executive Director and Audit Committee Member (Lim, Tay Seop): approved as originally submitted (with [61.0]% of issued and outstanding shares with voting rights (or [99.6]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Lim, Tay Seop		3 years		2017 - Present 2016 - 2017 2013 - 2015 2010 - 2012 2008 - 2010 2001 - 2008		Professor of Graduate School of Business, Sungkyunkwan University Partner, CobaltSky Partners Ltd. Representative Director, Macquarie Securities Korea Limited Chief Executive Officer, Goldman Sachs Asset Management Korea Partner, Sofaer Global Research in Hong Kong Co-Head of Branch, Goldman Sachs (Asia) L.L.C. (Seoul Branch)		- Newly appointed - Non-executive Director of Global Gourmet Services Co., Ltd.

6. Appointment of an Audit Committee Member (Lee, Seong Yeob): approved as originally submitted (with [99.6]% of issued and outstanding shares with voting rights (or [61.0]% of such shares that actually exercised voting power) voting in favor)

Name		Terms		Business Experience				Remark
				Period		Contents
Lee, Seong Yeob		3 years		2019 - Present 2025 - Present 2025 - Present 2022 - Present 2004 - 2015 2001 - 2004		Professor of Graduate School of Management of Technology, Korea University President, Korea Information & Communication Technology Law Association Honorary President, Korea Data Artificial Intelligence Law and Policy Society Civilian Chair, Personal Information Regulation Review Committee, Personal Information Protection Commission Foreign Attorney (U.S.), Kim & Chang Senior Government Official, Office for Government Policy Coordination, Prime Minister’s Secretariat		Newly appointed

7. Approval of the Ceiling Amount of Remuneration for Directors: approved as originally submitted (with [73.2]% of issued and outstanding shares with voting rights (or [99.6]% of such shares that actually exercised voting power) voting in favor)

8. Approval of the Plan for Holding and Disposal of Treasury Shares: approved as originally submitted (with [72.2]% of issued and outstanding shares with voting rights (or [98.3]% of such shares that actually exercised voting power) voting in favor)

Related disclosure: see Current Report titled “Resolution to Call the Annual General Meeting of Shareholders” furnished by the registrant on Form 6-K dated February 25, 2026 and Amendment No. 1 to Current Report titled “Amendment Regarding Resolution to Call the Annual General Meeting of Shareholders” furnished by the registrant on Form 6-K/A dated March 5, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SK TELECOM CO., LTD.

(Registrant)

By: /s/ Taehee Kim

(Signature)

Name: Taehee Kim

Title:  Vice President

Date: March 26, 2026

FAQ

What did SK Telecom (SKM) shareholders approve at the 2026 annual meeting?

Shareholders approved all agenda items, including 2025 financial statements, amendments to the articles of incorporation, a reduction of capital reserve, director and audit committee appointments, the ceiling on director remuneration, and a plan for holding and disposal of treasury shares, all with strong voting support.

What were SK Telecom (SKM)’s key 2025 consolidated financial results?

For 2025, SK Telecom reported consolidated operating revenue of 17,099,213 million Won, operating income of 1,073,215 million Won and profit for the year of 375,084 million Won. Basic earnings per share on a consolidated basis were 1,825 Won, prepared under Korean-adopted IFRS with an unqualified audit opinion.

What dividends did SK Telecom (SKM) approve for shareholders?

Shareholders approved total cash dividends of 353,550,576,500 Won. For common stock, this includes an interim dividend of 1,660 Won per share and a market dividend rate of 3.1% including interim dividends. No year-end or interim dividends were listed for preferred stock in this summary.

Which new executive and non-executive directors did SK Telecom (SKM) appoint?

Shareholders approved three-year terms for several directors. Newly appointed executive directors include Jung Jaihun and Han Myung Jin, while new non-executive directors include Yoon Poong Young, independent directors Lee Seong Yeob and Lim Tay Seop, and the reappointment of independent director Oh Alice Haeyun, all with high approval rates.

What changes were made to SK Telecom (SKM)’s audit committee membership?

Shareholders approved the appointment of Lim Tay Seop as an independent non-executive director and audit committee member for three years. They also approved appointing Lee Seong Yeob as an audit committee member for a three-year term, both receiving strong support from shares that exercised voting power.

Did SK Telecom (SKM) approve a treasury share plan at the meeting?

Yes. Shareholders approved a plan for holding and disposal of treasury shares, with 72.2% of issued and outstanding shares with voting rights, or 98.3% of those exercising voting power, voting in favor. Related details are referenced in earlier current reports on Form 6-K and 6-K/A.