Slide 1: Investor Briefing: Earnings for FY2024
SK telecom Investor Briefing Earnings for FY2024 2025. 2.12.
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations, and business of SK Telecom (the “Company”, or “SKT”) and its subsidiaries, and plans and objectives of the management of the Company. The forward-looking statements are in
Slide 3: 2024 Key Highlights
2024 Key Highlights = OP growth of 4% YoY with OP margin exceeding 10% « Alrelated revenue up 19% YoY and total users of A dot service over 8mn = Strengthened global Al partnerships (Lambda, Penguin Solutions, Perplexity, etc.) * 4Q24 DPS of KRW 1,050 (Annual DPS of KRW 3,540) " 2025 guidance of KRW
Slide 4: 2024 Financial Results
Slide 5: 2024 Financial Results: Consolidated
2024 Financial Results | Consolidated | Consolidated Income Statement (KRW bn) 2024 = 2023 Mame 4024 «= 4023 Revenue 17,941 17,609 1.9% 4,512 4,527 A0.3% SKT 12,774 12,589 1.5% 3,191 3,204. A0.4% SKB 4,411 4,279 3.1% 1,121 1,080 3.8% Operating 16,117 15,855 1.7% 4,257 4,230 0.6% expense Operating 1,
Slide 6: 2024 Financial Results: Non-consolidated
2024 Financial Results | Non-consolidated | Non-consolidated Income Statement | Key Metrics (KRW bn) 2024 2023 YoY 4024 — 4Q23 YoY OP & margin (KRW ba) Revenue 12,774 12,589 1.5% 3,191 3,204 A0.4% MNO 10,670 10,554 1.1% 2,661 2,655 0.2% 1,523 Other 2,104 2,036 0.4% 530 550 A3.6% 1,456 Operating 11,2
Slide 7: 2024 Financial Results: SK Broadband
2024 Financial Results | SK Broadband | SKB Income Statement | Key Metrics (KRW bn) 2024 2023 YoY 4024 — 4Q23 YoY OP &margin caw ba Revenue 4,411 4,279 3.1% 1,121 1,080 3.8% Pay tv 1920 1906 0.8% 485 480 1.0% 352 309 Fixed line 1,124 1,068 1.4% 288 270 6.3% B28 1,367 1,306 47% 348 330 57% 102 Operat
Slide 8: Business Highlights
Business Highlights
Slide 9: Business Highlights: Telecom Business
Business Highlights | Telecom Business (Million) ; - 15.9 16.2 16.6 | 5G subscribers and portion 15.5 5 —O— Steady subscriber net growth o —O— > 73% ° with 5G market maturity 68% 70% Mobile 4Q23 1924 224 3Q24 . (Thousand) 7,048 7,113 | Broadband &IPTV subscribers — 6.926 ons Continued broadband and
Slide 10: Business Highlights: AI Business
Business Highlights | Al Business (KRW bn) | AIX revenue cos 1062 / 52.4 : 32.0% Sustained double-digit growth of 379 42.9 : AIX Al Cloud with Al B2B sales : exceeding KRW 60bn * Al Cloud, Al Vision, AICC, etc. 1Q24 2Q24 3Q24 4Q24 2023 (KRW bn) | Al DC revenue 351.4 946 99.4 101.2 102.2 73.1% Strong
Slide 11: Business Highlights: AI Progress
Business Highlights | Al Progress | GPUaas | Aster Wl Opening of Gasan Al DC on Dec. 30, 2024 - Provide the best computing power in Korea with NVIDIA H100 GPUs @ Launch full-scale commercialization to generate profit with Al - Subscription service for customized packages - Upgrade and expand DC co-l
Slide 12: Shareholder Return
Slide 13: Shareholder Return
Shareholder Return | Total dividend for 2024: KRW 753.6bn (DPS of KRW 3,540) | Recent Dividend Trend 2023 2024 Category 2022 10 20 30 4Q Total 10 2Q 30 4Q Total Total Dividend (KRWbn)| 723.8 181.3 181.3 179.6 223.3 765.6 176.7 176.7 176.7 223.5 | 753.6 DPS (KRW) 3,320 830 830 830 1,050 3,540 830 830
Slide 14: Appendix
Slide 15: Financial Statements - Consolidated
| Consolidated Income Statement Financial Statements - Consolidated | Consolidated Balance Sheet (KRW bn) 1023 | 2923 | 3023 | 4023 | 2023 | 10924 | 2924 | 3024 | 4024 | 2024 (KRW bn) 3-31-23 | 6-30-23 | 9-30-23 | 12-31-23 | 3-31-24 | 6-30-24 | 9-30-24 12-31-24 Operating revenue 43722| 4,306.4) 4,40
Slide 16: Financial Statements - Non-consolidated
| Non-consolidated Income Statement | Financial Statements - Non-consolidated | Non-consolidated Balance Sheet (KRW bn) 1923 | 2023 | 3023 | 4923 | 2023 | 1924 | 2024 | 3024 | aq24 | 2024 (KRW bn) 3-31-28 | 6-30-23 | 9-30-23 |12-31-23| 3-31-24 | 6-30-24 | 9-30-24 |12-31-24 Operating revenue —_| 3,11
Slide 17: Financial Statements - SKB
| SKB Income Statement Financial Statements - SKB | SKB Balance Sheet (KRW bn) 1923 2023 | 3023 | 4Q23 2023 1024 | 2024 | 3024 | 4024 | 2024 (KRW bn) 3-31-23 | 6-30-23 | 9-30-23 |12-31-23] 3-31-24 | 6-30-24 | 9-30-24 |12-31-24 Operatingrevenue | 1,061.5) 1,068.3 | 1,069.2] 1,080.1 | 4,279.1] 1,091.7
Slide 18: Operating Data
| Operating Data | Subscribers 4Q22 1Q23 2Q23 3023 4Q23 1924 2Q24 3Q24 4Q24 YoY QoQ SKT (thousands) MNO Subscribers " 30,452 30,552 31,159 31,168 31,276 31,662 31,710 31,762 31,786 1.6% 0.1% Net adds 12 100 607 9 107 387 47 52 24 AI7.2% 153.0% Handset subs 23,278 23,275 23,205 23,095 22,977 22,882 2