SK Gas : Decision on Paid-in Capital Increase (Material Business Matters of Subsidiary Company)

Decision on Paid-In Capital Increase (Material Business Matters of Subsidiary Company)

Subsidiary company

Ulsan GPS Corporation

's material business matters to report

1. Class and number of new shares	Common stock (shrs.)	21,000,000
Different classes of stocks (shrs.)	-
2. Par value per share (KRW)	5,000
3. Total number of shares issued before increase of capital stock	Common stock (shrs.)	47,982,000
Different classes of stocks (shrs.)	-
4. Purpose of financing	Facility investment (KRW)	94,500,000,000
Business acquisition (KRW)	-
Operating capital (KRW)	10,500,000,000
Debt repayment (KRW)	-
Acquisition of securities issued by other corporations (KRW)	-
Other purposes (KRW)	-
5. Method of capital increase	Rights offering

[Rights Offering]

6. Issuing price of new shares	Final Issuing price	Common stock (KRW)	5,000
Different classes of stocks (KRW)	-
Expected issuing price	Common stock (KRW)	-	Expected date of finalization	-
Different classes of stocks (KRW)	-	Expected date of finalization	-
7. Calculation method of issuing price	Applying par value per share
8. Record date for new share allotment	2022-04-14
9. Number of new shares per outstanding share	0.4376641
10. Preferential allotment ratio for employee stock ownership association (%)	-
11. Scheduled date of subscription	Employee shares ownership association	Start date	-
End date	-
Existing shareholders	Start date	2022-05-10
End date	2022-05-10
12. Date for payment of subscription money	2022-05-12
13. Plan for handling forfeited shares	It is decided by resolution of the board of directors to allocate preferentially to existing shareholders.
14. Record date of dividend payout	2022-01-01
15. Scheduled delivery date of new share certificates	-
16. Lead underwriter (in case of indirect offering)	-
17. Transfer of preemptive rights to new shares?	No
18. Date of board resolution (decision date)	2022-04-14
- Attendance of outside directors	Present (No.)	-
Absent (No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	Present
19. Subject to filing of securities registration statement?	No
20. Reasons for exemption from filing securities registration statement, if exempted	It is not applicable to the public offering or sale (recommendation for subscription to 50 or more persons) under Paragraph 7 of Article 9 of the Financial Investment Services and Capital Markets Act.
21. Subject to reporting to the Fair Trade Commission?	Yes
22. Other matters to be factored into investment decisions	- The above '15. Scheduled delivery date of new share certificates' has been omitted as Ulsan GPS Corporation does not issue share certificates. - The above '18. Date of board resolution (Decision date)' is the date of resolution by the board of Ulsan GPS Corporation.
※ Related disclosure	-

[Details of Subsidiary Company]

Name of subsidiary company	울산지피에스 주식회사	Name in English	Ulsan GPS Corporation
- Representative	Cho Seung Ho
- Main business	(LNG/LPG)Combined cycle thermal power generation business
- Major subsidiary company?	No
Total assets of subsidiary company (KRW)	237,586,782,915
Consolidated total assets of parent company (KRW)	5,121,535,471,833
Ratio to consolidated total assets of parent company (%)	4.64