Sk Telecom Co., Ltd. · KRX:017670
Sk Telecom — Q3 2025 Earnings Presentation
18 slides from Sk Telecom's earnings presentation, Oct 31, 2025
Slide 1: SK telecom
SK telecom
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: 3Q25 Financial Results
3Q25 Financial Results 01 Business Highlights 02 Shareholder Return 03 Appendix 04
Slide 4: Consolidated
3Q25 Financial Results | Consolidated | Consolidated Income Statement | Key Metrics (KRWbn) 3q25 3024 RSI 202 ERS OP &margin (KRW be) Revenue 3,978 4,532 A12.2% 4,339 48.3% 567 SKT 2665 3203 168% 3135 A15.0% 533 SKB 1,143 1,105 3.4% 1,120 2.0% Operating expense 3,930 3,999 A1.7% 4,000 A1.8% 338 Oper
Slide 5: Non-consolidated
3Q25 Financial Results | Non-consolidated | Non-consolidated Income Statement | Key Metrics (KRWbn) 3925 3924 [NAW 2025 Ka OP &margin (KRW be) Revenue 2,665 3,203 A16.8% 3,135 A15.0% MNO 2,124 2672 A205% 2,623 A19.0% 457 482 Other 541 531 1.7% 512 5.5% Operating expense 2717 2,741 A11% 2,884 A58% Ma
Slide 6: SK Broadband
3Q25 Financial Results | SK Broadband | SKB Income Statement | Key Metrics (KRW>bn) 3q25 3024 RE 202 ERS OP &margin (Kew bn) Revenue 1143. 1105 =3.4% +=91,120 2.0% Paytv 478 483 A11% 475 05% 102 06 Fixediline 285 283 0.7% 286 A05% B28 381 340 12.0% 359 6.0% Operating openee 1053 1,017 «= 3.6% +=1,02
Slide 7: Business Highlights
3Q25 Financial Results Business Highlights Shareholder Return Appendix 04
Slide 8: Telecom Business
Business Highlights | Telecom Business (Million) . . 17.2 17.0 17.3 | 5G subscribers and portion 16.6 168 5G subscriber base recovered to pre-cybersecurity incident level Tee 74% 16% 1% @ 5Gsubscribers -Q- 5G penetrationrate 324 4Q24 125 225 3Q25 (1,000) 7,113 7,156 7,215 7173 7,196 | Broadband & IP
Slide 9: AI Business
Business Highlights | AlBusiness ikaw) 149.8 | AlDC revenue 108.7 . wage 100.1 102.0 Driven by Pangyo DC acquisition and 97.4 YoY award of GPU leasing support program 53,8%I % DC, GPUaa$§, International lease line, etc. 3Q24 4Q24 1Q25 2Q25 3@25 (KRWbn) | AlX revenue 54.0 567 557 45.2 46.8 Steady gro
Slide 10: Launch of Digital Communications Service 'air'
Business Highlights | Update | Launch of Digital Communications Service ‘air’ HH Whatis air? - Digital communication service exclusively for unlocked device, designed for customer in their 20s and 30s who prefer flexible and digital oriented experiences - Minimalist planwith six core data tiers, inc
Slide 11: Sovereign AI
Business Highlights | Sovereign Al Hf Participation in Proprietary Al Foundation Model Project’ - Selected as one of final 5 elite teamsAugust 2025 - Top player consortium with full-stack Al capability - Strengthening Al model competitiveness with quality public & admin data fl Selected as supplier
Slide 12: Shareholder Return
3Q25 Financial Results Business Highlights Shareholder Return Appendix 04
Slide 13: Shareholder Return
Shareholder Return | Dividend not declared for Q3 2025 | Dividend Trend 2024 2025 Category 2022 | 2023 1Q 2Q 3Q 4Q wil 1Q 2Q 3Q Total Dividends(KRWbn)” | 723.8 | 765.6 176.7 176.7 1767 | 223.5 7536 | 1768) 1768 - DPS (KRW) 3,320 | 3,540 830 830 830 1,050 3,540 830 830 - Dividend Yield” 7.0% | 7.1% 1
Slide 14: Appendix
3Q25 Financial Results Business Highlights Shareholder Return Appendix 04
Slide 15: Financial Statements - Consolidated
Appendix | Financial Statements - Consolidated | Consolidated Income Statement | Consolidated Balance Sheet (KRW bn) 3Q24 4Q24 2024 1925 2Q25 3Q25 (KRW bn) 9-30-24 | 12-31-24 3-31-25 6-30-25 9-30-25 Operating revenue 45321) 4,511.5] 179406) 4,4537| 43388) 39781 Total assets 294728| 305153) 299206] 2
Slide 16: Financial Statements - Non-consolidated
Append ix | Financial Statements - Non-consolidated | Non-consolidated Income Statement | Non-consolidated Balance Sheet (KRW bn) 3Q24 4Q24 2024 1925 2Q25 3Q25 (KRW bn) 930-24 12-31-24 3-31-25 6-30-25 9-30-25 Operating revenue 3,203.2| 3,190.6] 12,7741) 31675) 3135.1) 2,664.7 Total assets 24,310.3|
Slide 17: Financial Statements - SKB
Appendix | Financial Statements- SKB | SKB Income Statement | SKB Balance Sheet (KRW bn) 3Q24 4Q24 2024 1925 2Q25 3Q25 (KRW bn) 9-30-24 12-31-24 93-31-25 6-30-25 9-30-25, Operatingrevenue | 1,104.9| 11,1210) 44111) 11136| 11197) 11426 Total assets 65423| 68155| 67096] 7,1788| 69166 Operating expense
Slide 18: Operating Data
Appendix | Operating Data | Subscribers 3Q23 4Q23 1924 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 YoY QoQ SKT (thousands) MNO Subscribers» | 31,168 31,276 | 31,662 31710| 31762] 31786) 31885| 31006| 31,082 2.1% 0.2% (Net adds) 9 107 387 47 52 24 98 (879) 76 45.7% = Handsetsubs) 23,095 22977| 22882] 22850] 22807|