6-K 1 d469611d6k.htm FORM 6-K Form 6-K

 

 

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 2022

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  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):    ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):    ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 


RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

 

1.

Approval of Financial Statements for the 39th Fiscal Year : Approved as originally submitted

 

The 39th Fiscal Year (Fiscal Year ended December 31, 2022)

 

(in millions of Won, except for basic earnings per share)

 

 

 

Consolidated

   - Total Assets      31,308,262      - Operating Revenue      17,304,973  
   - Total Liabilities      19,153,066      - Operating Income      1,612,070  
   - Share Capital      30,493      - Profit for the Year      947,831  
   - Total Equity      12,155,196      - Basic Earnings per Share (Won)      4,118  

 

Separate

   - Total Assets      26,432,121      - Operating Revenue      12,414,588  
   - Total Liabilities      16,048,739      - Operating Income      1,321,131  
   - Share Capital      30,493      - Profit for the Year      869,490  
   - Total Equity      10,383,382      - Basic Earnings per Share (Won)      3,921  
 
(1) Prepared in accordance with International Financial Reporting Standards as adopted in Korea

 

(2) Opinion of independent auditors: Qualified

 

 

< Approval of Cash Dividends>

(in Won, except for percentages)

 

 

 

Cash Dividends

   Dividend per Share        Common Stock         Year-end Dividend      830  
   Interim Dividends      2,490  
   Total Cash Dividend

 

          723,842,160,870  
   Market Dividend Rate (%) (including interim dividend)             Common Stock      6.8  
            Preferred Stock      -  


2.

Grant of Stock Options : Approved as originally submitted

 

  A.

Recipients of Stock Options

 

Name    Position    Number of shares issuable  
   Type of shares    Number of shares  

Kang, Jong Ryeol        

  

Head of ICT Infrastructure Center

  

Registered common shares

     22,000  

Lim, Bong Ho

  

Head of Customer CIC

  

Registered common shares

     12,000  

Kim, Kyeong Deog

  

Head of Enterprise CIC

  

Registered common shares

     12,000  

Lee, HyunA

  

Head of Communication Service

  

Registered common shares

     12,000  

Cho, Dong Hwan

  

Head of Cloud Technology

  

Registered common shares

     12,000  

Han, Myung Jin

  

Head of Corporate Strategy

  

Registered common shares

     12,000  

Kim, Hyuk

  

Head of Media Partnership

  

Registered common shares

     12,000  

Kim, Jinwon

  

Head of Corporate Planning

  

Registered common shares

     12,000  

Ha, Min Yong

  

Head of Corporate Development

  

Registered common shares

     12,000  

Park, Yong Joo

  

Head of ESG

  

Registered common shares

     12,000  

Cho, Young Log

  

Head of Corporate Relations

  

Registered common shares

     12,000  

Kim, Heesup

  

Head of Communications

  

Registered common shares

     12,000  

Ahn, Jungwhan

  

Head of Corporate Culture

  

Registered common shares

     12,000  

Kim, Yonghun

  

Head of A. Product

  

Registered common shares

     12,000  

Jang, Hyunki

  

Head of Digital Innovation CT

  

Registered common shares

     12,000  

Total:    

  

Registered common shares

     190,000  

 

  B.

Conditions of Stock Options to be Granted

 

   

Method of grant: allotment of treasury shares, cash settlement

 

   

Type and number of shares issuable: 190,000 registered common shares

 

   

Grant date: March 28, 2023

 

   

Exercise period: March 29, 2025 – March 28, 2028

 

   

Exercise price: arithmetic mean of the volume weighted average closing prices of the two-month, one-month and one-week periods prior to the grant date

 

   

Other conditions

 

   

The stock options granted as described above will be cancelled if the recipient does not remain employed by the Company for at least two years from the grant date.

 

   

If the exercise price of the stock options is lower than the market price of common shares at the time of exercise, cash settlement of the difference is possible.

 

   

The exercise price and the number of stock options may be adjusted pursuant to the relevant stock option grant agreement or by resolution of the Board in the event of a change in the stock value due to the reasons of any capital increase, stock dividend, capital transfer of reserves, stock split, merger or spin-off after the grant date.

 

   

Other terms of the grant of stock options shall be governed by applicable law, the Company’s articles of incorporation and the stock option grant agreement.


3.

Appointment of Independent Non-executive Directors

3-1. Appointment of an Independent Non-executive Director (Kim, Yong-Hak): Approved as originally submitted

3-2. Appointment of an Independent Non-executive Director (Kim, Junmo): Approved as originally submitted

3-3. Appointment of an Independent Non-executive Director (Oh, Haeyun): Approved as originally submitted

 

Name   Term   Business Experience   Remark
  Period   Contents
Kim, Yong-Hak     3 years       2020 - Present     Professor Emeritus, Yonsei University  

  Current  

  Director  

    2016 - 2020     President, Yonsei University
    2010 - 2012     Dean of Graduate School of Public Administration and College of Social Sciences, Yonsei University
    2004 - 2005     BK Planning Committee, Ministry of Education
Kim, Junmo     3 years       2016 - Present     Associate Professor of Electrical Engineering, KAIST  

  Current  

  Director  

    2009 - 2016     Assistant Professor of Electrical Engineering, KAIST
    2005 - 2009     Senior Researcher, Samsung Advanced Institute of Technology
Oh, Haeyun     3 years       2023 - Present     President, KAIST Artificial Intelligence Research Institute     Newly appointed  
    2021 - 2023     Vice President, KAIST Artificial Intelligence Research Institute
    2020 - 2022     Civilian Committee Member, the Presidential Committee on the 4th Industrial Revolution
    2018 - Present     Director, KAIST Center for MARS Artificial Intelligence Research
          2008 - Present     Professor of Computing, KAIST


4.

Appointment of Members of the Audit Committee

4-1. Appointment of a Member of the Audit Committee (Kim, Yong-Hak): Approved as originally submitted

4-2. Appointment of a Member of the Audit Committee (Oh, Haeyun): Approved as originally submitted

 

Name   Term   Business Experience   Remark
  Period   Contents

Kim, Yong-Hak

    3 years       2020 - Present     Professor Emeritus, Yonsei University  

  Current  

  Director  

    2016 - 2020     President, Yonsei University
    2010 - 2012     Dean of Graduate School of Public Administration and College of Social Sciences, Yonsei University
    2004 - 2005     BK Planning Committee, Ministry of Education

Oh, Haeyun

    3 years       2023 - Present     President, KAIST Artificial Intelligence Research Institute     Newly appointed  
    2021 - 2023     Vice President, KAIST Artificial Intelligence Research Institute
    2020 - 2022     Civilian Committee Member, the Presidential Committee on the 4th Industrial Revolution
    2018 - Present     Director, KAIST Center for MARS Artificial Intelligence Research
    2008 - Present     Professor of Computing, KAIST
 


5.

Approval of the Ceiling Amount of Remuneration for Directors : Approved as originally submitted

The number of directors and total amount and maximum authorized amount of compensation of directors are as follows:

 

      Fiscal year 2023    Fiscal year 2022

Number of directors

   8    8

Number of independent non-executive directors

   5    5

Total amount of remuneration paid to directors

      Won 3,486,749,320

Total amount or maximum authorized amount of remuneration for directors

   Won 12,000,000,000    Won 12,000,000,000


SIGNATURES

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/ Hee Jun Chung 
(Signature)
Name:     Hee Jun Chung
Title:   Vice President

Date: March 28, 2023