SK D&D Co. Ltd. agreed to Spin-Off New and renewable energy/ESS business division on September 15, 2023. The tentative name of new company is SK Eternix Co., Ltd. Transaction is subject to shareholders approval. The shareholders meeting is scheduled to be held on February 2, 2024. The allocation ratio is 1.1518695. Transaction is expected to be closed on March 1, 2024. The base date of allocation base date is February 29, 2024. The division had total assets of approximately KRW 590 billion, and total debt of approximately KRW 390 billion, revenue of KRW 161.9 billion and total capital of KRW 193.6 billion. The transaction is expected to close on February 29, 2024.

SK D&D Co. Ltd. completed the Spin-Off of New and renewable energy/ESS business division on March 4, 2024.