Issuance of 3 ELBs Linked to KEPCO Totaling KRW 5.4 Billion, Moderate Risk

Offering of three series (3238~3240) of Equity-Linked Bonds (ELB) by SK SECURITIES, underlying asset KEPCO common stock.
Total offering amount KRW 5.4 billion (Series 3238: 3.2B, Series 3239: 1.1B, Series 3240: 1.1B), all unlisted.
Risk grade 4 (moderate), principal not guaranteed, not covered by deposit insurance.
Maturity: Series 3238 (1yr) pays 3.55% if KEPCO below 300% of initial; Series 3239 (2yr) 3.65% if below 400%; Series 3240 (1.5yr) 3.65% if below 350%; slightly higher if exceeded.
Early redemption may incur principal loss; issuer (as calculation agent) can trigger early termination.
Issuer credit rating A- (Korea Ratings, Jan 2, 2026); issuance expenses: KRW 160,000 for 3.2B, KRW 55,000 each for 1.1B.
As of end-2025, outstanding derivative-linked securities (ELB/ELS/DLB) aggregate KRW 682.2 billion; credit conversion amount KRW 100.485 million.

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Filing: Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
Company: SK SECURITIES (001510)
Submission: SK SECURITIES CO.,LTD
Receipt: 04-29-2026