SKM

1. At the beginning of 2026, focused on strengthening fundamental business competitiveness centered on customer value and restoring profitability through AI business. 2. Thanks to efforts to regain customers' trust, company recorded net subscriber and core telecom business fundamentals are returning to normal. 3. AI business performance is gradually improving due to focus and prioritization strategy. 4. Resumed dividend payments starting from this quarter, dividend per share for first quarter is $831. 5. Consolidated revenue up 1.5% Q on Q due to MNO revenue growth and data center business growth. 6. MNO achieved handset subscriber net ad of approx 210,000 with various measures to innovate customer value. 7. Fixed - line business has stable results with subscriber net ads, higher price plan shares increase, etc. 8. AI business strategy of focus and prioritization shows effects, AI data center revenue grows.

1. Will make every effort to restore dividend level by normalizing earnings through continuous improvement of telecom business fundamentals and AI business results. 2. Goal to improve full - year earnings further from current levels, with telecom business profitability recovery, AI data center - centered growth business expansion and continuous productivity enhancement to make annual earnings higher than pre - incident levels. 3. Plan to conduct dividend payments stably as earnings recover, Board of Directors will discuss and decide full - year dividend size considering business performance and financial structure.

Consolidated revenue posted 4.39 trillion won, up 1.5% Q on Q. Consolidated operating income was 537.6 billion won. MNO achieved a handset subscriber net ad of approximately 210,000 in the first quarter. Fixed-line business has stable results with continued subscriber net ads, increase in higher price plan shares, etc. AI data center revenue is maintaining a year - over - year growth trend driven by Pangyo Data Center and higher utilization of Kasan Data Center.

Q: Lee Seung - woon from Uanta Securities asked about supply and demand flow for the whole year, overall shareholder return plan and full - year earnings outlook.

A: On annual earnings outlook, operating profit in Q1 reversed downward trend after cybersecurity incident and is approaching pre - incident levels, goal is to improve full - year earnings further. On shareholder returns, resumed quarterly dividends, will conduct dividends stably as earnings recover, Board of Directors will decide full - year dividend size.

Q: Jun Seo Kim from KB Securities asked about MNO marketing strategy and AIDC business.

A: On AIDC business, only announced revenue numbers, AIDC is comparable to existing telecom business in profitability and has room to be more profitable; on MNO subscriber targets, 2026 started with handset subscribers down, Q1 achieved net ad, will continue efforts to recover subscribers by targeting new segments and focusing on securing high LTV subscribers.

Q: Kim Aram from Shinhan Securities asked about AI RAN and business opportunities from AI traffic.

A: On AI RAN, evolving in two domains, expected to improve customer experience and create new business opportunities; on AI traffic, considering ways to connect with AI RAN and distribute traffic across networks, continue to look into related technology.