Slide 1: Investor Briefing: Earnings for Q2 2024
SK telecom Investor Briefing Earnings for Q2, 2024 2024. 8. 6.
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: 2Q24 Financial Results
Slide 4: 2Q24 Financial Results: Consolidated
2Q24 Financial Results | Consolidated Operating income posting a double-digit growth YoY thanks to one-off profit on top of the stable growth of fixed and mobile revenue and B2B revenue | Consolidated Income Statement (KRW bn) 2024 2023 1024 Eo Revenue 4,422 4,306 2.7% 4,475 A1.2% - SKT 3,192 3,119
Slide 5: 2Q24 Financial Results: Non-consolidated
2Q24 Financial Results | Non-consolidated Solid growth achieved through one-off profit related to patents and cost stabilization thanks to efforts to improve operational efficiency | Non-consolidated Income Statement | Key Metrics (KRW bn) 2024 2023 1924 ] 200 | OP & margin (KRW bn) Revenue 3,192 3,
Slide 6: 2Q24 Financial Results: SK Broadband
2Q24 Financial Results | SK Broadband Solid growth trend of revenue and operating income thanks to the growth of both B2C and B2B business | Consolidated Income Statement (KRW bn) 29242023 RN om ERE Revenue 1,093 1,068 +=. 2.3% + ©=—«1,092 0.2% ~ Pay TV 477 476 0.8% 476 (0.1% ~ Fixed line 279 265 5.
Slide 7: Business Highlights
Slide 8: Telco AI JV / Personal AI Assistant
Personal AI Assistant Telco AI JV
Slide 9: 2Q24 Major Equity Investments
| 2Q24 Major Equity Investments Business Highlights Investing USD 10mn in Perplexity, a generative Al search engine provider, and USD 200mn in SGH, a total Al Data Center solution provider, to continue to expand the ecosystem in the Al value chain | Perplexity | SGH (Smart Global Holdings) Specializ
Slide 10: Global Telco AI Alliance
Global Telco AI Alliance Global Telco-specific Collaboration Assets AI Data Center Personal AI Assistant </> Open source Optimized Hyper- Open LLM Cloud GPU Operation personalized innovation
Slide 11: Global PAA
Business Highlights | Global Al Company To achieve the Global Al Company vision, SKT continues to advance A., works on Global PAA, and makes equity investments to secure Al capabilities | Cumulative Subscribers of A. | Al Equity Investments Subscriber growth continued with the call summary and recor
Slide 12: Business Highlights: Fixed and Mobile
Business Highlights | Fixed and Mobile | 5G Subscribers and Portion | Marketing Expense Continued subscriber growth with active conversion of LTE subscribers to 5G compact price plans (million) 16.2 cas aso 15.5 15.9 63% Continued stabilization with a 5.1% decline in marketing expense YoY (KRW bn) 2
Slide 13: Business Highlights: Enterprise
Business Highlights | Enterprise | Enterprise Revenue | Leased Line Revenue Revenue of KRW 434.2bn, up 11% YoY, driven by higher utilization of Data Centers and growth in Cloud contracts («aw bn) 431.4 434.2 415.4 392.6 396.7 Revenue of KRW 305.2bn, almost flat YoY (KRW bn) 305.1 301.5 . 305.2 2Q23
Slide 14: Shareholder Return
Slide 15: Shareholder Return
Shareholder Return DPS for Q2 2024 determined at KRW 830 | Recent Dividend Trend 2023 2024 Category 2022 1Q 2Q 30 4Q Total 10 2Q Total Dividend (KRW bn) 723.8 181.3 181.3 179.6 223.3 765.6 176.7 176.7 DPS" (KRW) 3,320 830 830 830 1,050 3,540 830 830 Dividend yield ? 6.8% 1.7% 1.7% 1.6% 2.1% 7.1% 1.6
Slide 16: Appendix
Slide 17: Financial Statements - Consolidated
| Financial Statements - Consolidated | Consolidated Income Statement | Consolidated Balance Sheet (KRW bn) 1923 | 2023 | 3023 | 4023 | 2023 | 1024 | 2024 (KRWn) 3-31-23 | 6-30-23 | 9-30-23 | 12-31-23] 3-31-24 | 6-30-24 Operating revenue 4,372.2| 4,306.4) 4,402.6) 4,527.3|17,608.5) 4,474.6] 4,422.4
Slide 18: Financial Statements - Non-consolidated
| Financial Statements - Non-consolidated | Non-consolidated Income Statement | Non-consolidated Balance Sheet (KRW bn) 1023 | 2023 | 3023 | 4023 | 2023 | 1024 | 2024 (KRW bn) 3-31-23 | 6-30-23 | 9-30-23 | 12-31-23 | 3-31-24 | 6-30-24 Operating revenue 3,117.3| 3,119.2] 3,148.4) 3,204.3] 12,6892] 3,
Slide 19: Financial Statements - SKB
| Consolidated Income Statement | Financial Statements - SKB | Consolidated Balance Sheet (KRW bn) 1023 | 2023 | 3023 | 4023 | 2028 | i024 | 2024 (KRW bn) 3-31-28 | 6-30-23 | 9-30-23 | 12-31-23] 3-31-24 | 6-30-24 Operating revenue 1,061.5) 1,068.3] 1,069.2] 1,080.1] 4,279.1| 1,091.7] 1,093.4 Assets
Slide 20: Operating Data
| Operating Data | Subscribers 2022 3022 4022 1023 2023 3023 4023 1024 2024 YoY Q00 SKT (thousands) MNO Subscribers” 30,250 30,440 30,452 30,552 31,159 31,168 31,276 31,662 31,710 1.8% 0.1% Net adds 418 190 12 100 607 9 107 387 47 A92.2% A87.7% Handset subs 23,587 23,402 23,278 23,275 23,205 23,095
Slide 21: SK Telecom 40th Anniversary
SK telecom SK Telecom 40th Anniversary