Material Business Matters Related to Investment Decisions
1. Title Execution of MOU on joint investment
2. Details 1. Today, our company executed a memorandum of understanding on a joint investment with DDILVC Consigned Management Real Estate Investment Company, in order to secure and proceed with joint investment with competitive investors in real estate investments for domestic development, the details of which are hereby disclosed.

2. Key details of the MOU
- Counterparty
. Investor: DDILVC Consigned Management Real Estate Investment Company
(a real estate investment company whose purpose is to invest in real estate for domestic development)
. Asset management company: D&D Investment Co., Ltd.

- Target of investment: Investment will be made in the target asset by establishing an investment vehicle for each individual investment target asset related to the real estate (investments are planned in REITs, PFV, and REF, etc.)

- Investment value: total target investment value .
. DDILVC KRW 120.0 billion
. SK D&D KRW 30.0 billion

※ This is a method of making individual investments for the investment target within the amount of commitment, and the KRW 30.0 billion committed by our company is approximately 5.6% of the latest amount of equity.
3. Date of board resolution (decision date) or confirmation date 2022-02-15
- Attendance of outside directors Present(No.) -
Absent(No.) -
- Attendance of auditors (members of Audit Committee who are not outside directors) -
4. Other matters to be factored into investment decisions
- The Company's equity capital in "2. Details" is based on the consolidated financial statements as of the end of 2020.

- "3. Date of board resolution (decision date) or confirmation date" is the date of execution of the MOU.

- The Korean Teachers' Credit Union, Shinhan Bank, and D&D Investment Co., Ltd. will invest in DDILVC Consigned Management Real Estate Investment Company Co., Ltd.

- The information above is subject to change depending on future progress.
※ Related disclosure -

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SK D&D Co. Ltd. published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 09:03:03 UTC.