Report on Disposal of Treasury Shares

On June 21, 2021, SK Telecom Co., Ltd. (the 'Company') disposed of a portion of its treasury shares.

1.

Date of the Report of Decision on Disposal of Treasury Shares (the 'Initial Report'): June 10, 2021 (Please refer to the current report on Form 6-K furnished by the Company on June 10, 2021.)

2.

Date of Disposal: June 21, 2021

3.

Details of Disposal

(1)

Number and type of shares: 500 common shares

(2)

Aggregate disposal price : Won 160,500,000

(3)

Average disposal price per share : Won 321,000 (based on the market closing price on the date of the disposal)

(4)

Recipients of shares: Outside directors of the Company

(5)

Investment brokerage agent: Hana Financial Investment Co., Ltd.

4.

Discrepancy with the Initial Report : None

5.

Treasury Shares Held after the Disposal (as of June 22, 2021)

(units: in millions of Korean Won or percentages)

Type

Direct Acquisition (A) Acquisition through Broker (B) Total (A + B)
Number
of
Shares		 Percentage
of Total
Shares		 Value Number
of
Shares		 Percentage
of Total
Shares		 Value Number
of Shares		 Percentage
of Total
Shares		 Value

Common Shares

899,500 1.25 203,595 - - - 899,500 1.25 203,595

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Disclaimer

SK Telecom Co. Ltd. published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 10:20:06 UTC.