Treasury share plan heads to SK Telecom (NYSE: SKM) 2026 AGM

Rhea-AI Filing Summary

SK Telecom has amended its upcoming annual shareholder meeting agenda to add a new item seeking approval of a plan for holding and disposing of treasury shares. The amendment does not change any other previously announced agenda items.

The AGM will consider eight items, including approval of 2025 financial statements, amendments to the Articles of Incorporation, capital reserve reduction, multiple director appointments, audit committee changes and the ceiling on director remuneration. The new item 8 covers the plan to hold and dispose of treasury shares, including disposal of 196,475 common shares acquired through a trust agreement. Related data show common share treasury holdings of 1,797,787 at the commencement date of holding and 1,601,312 as of the disposal date, with shares outstanding excluding treasury shares moving from 212,992,266 to 213,188,741 and the treasury share ratio changing from 0.84% to 0.75%.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K/A

Amendment No. 1

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF MARCH 2026

Commission File Number: 333-04906

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

65, Euljiro, Jung-gu

Seoul 04539, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

AMENDMENT REGARDING RESOLUTION TO CALL

THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

The board of directors (the “Board”) of SK Telecom Co., Ltd. (“SK Telecom” or the “Company”) has resolved to add a new item 8 to the agenda for the annual general meeting of shareholders (the “AGM”), which the Board previously resolved to call on February 25, 2026. The Company is furnishing this Amendment No. 1 (this “Form 6-K/A”) to the Form 6-K furnished by the Company on February 25, 2026 (the “Form 6-K”) solely to reflect such addition. Except as described herein, this Form 6-K/A does not, and does not purport to, amend, update or restate the information in the Form 6-K in any way or reflect any events that have occurred after the Form 6-K was originally furnished. The AGM will be held at the following time and place, and the updated agenda shall be as follows:

1. Date / Time		March 26, 2026 (Thursday), 10:00 am (Seoul time)
2. Place		SUPEX Hall, 4th Floor, SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, Korea
3. Agenda		1. Approval of Financial Statements for the 42nd Fiscal Year (2025) 2. Amendments to the Articles of Incorporation 3. Approval of Reduction of Capital Reserve 4. Appointment of Directors 4-1.  Appointment of an Executive Director (Jung, Jaihun) 4-2.  Appointment of an Executive Director (Han, Myung Jin) 4-3.  Appointment of a Non-executive Director (Yoon, Poong Young) 4-4.  Appointment of an Independent Non-executive Director (Oh, Alice Haeyun) 4-5.  Appointment of an Independent Non-executive Director (Lee, Seong Yeob) 5. Appointment of an Independent Non-executive Director and Audit Committee Member (Lim, Tay Seop) 6. Appointment of an Audit Committee Member (Lee, Seong Yeob) 7. Approval of the Ceiling Amount of Remuneration for Directors 8. Approval of the Plan for Holding and Disposal of Treasury Shares
4. Date of the resolution by the Board		February 25, 2026 for items 1 through 7, and March 5, 2026 for item 8
- Attendance of independent non-executive directors		Present:		5
		Absent:		0
5. Other important matters relating to an investment decision		—

8. Approval of the Plan for Holding and Disposal of Treasury Shares

A. Purpose of Holding or Disposal of Treasury Shares

• For employee compensation purposes

B. Class, Number and Method of Acquisition of Treasury Shares Subject to Holding or Disposal

• As of March 5, 2026, the Company held 1,797,787 common shares, of which 196,475 shares will be held or disposed of for employee compensation, and the remaining shares will be cancelled pursuant to a future resolution of the Board.

Item		Shares held		Shares to be disposed of*
Class and number of treasury shares		196,475 common shares		196,475 common shares
Method of acquisition		Acquisition through trust agreement

* The actual number of treasury shares to be disposed of may be subject to change depending on the share price at the time of compensation or exercise, the number of stock options exercised and the terms of the employee compensation program.

C. Information as of the Commencement Date of Holding and the Scheduled Date of Disposal

		Item		Share class		As of the commencement date of holding*		As of the date of disposal
		Class, number and method of acquisition of treasury shares		Common shares		1,797,787 shares		1,601,312 shares**
				Acquisition through trust agreement
		Class and number of shares outstanding, excluding treasury shares		Common shares		212,992,266 shares		213,188,741 shares
		Change in the ratio of treasury shares to total shares issued				0.84%		0.75%

* The commencement date of holding refers to the date of the AGM.

** The number of shares as of the date of disposal may be subject to change depending on the actual number of treasury shares disposed of.

D. Expected Holding Period

• Subject to approval at the AGM, the treasury shares are scheduled to be held until the time of payment under the employee compensation program.

E. Expected Date of Disposal

• The treasury shares are scheduled to be disposed of after March 26, 2026, and the execution results are expected to be reported at the AGM.

• If the pending amendment to the Korean Commercial Code, which mandates shareholder approval of treasury share holding and disposal plans, does not take effect before the AGM (March 26, 2026), this agenda item will be automatically nullified.

• If the pending amendment to the Korean Commercial Code takes effect and changes the mandatory disclosure items for treasury share holding and disposal plans, and corrections to this plan become necessary, such corrections may be made by a resolution of the Board, provided that such amendments do not result in a material change.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SK TELECOM CO., LTD. (Registrant)
By: /s/ Taehee Kim
(Signature)
Name:		Taehee Kim
Title:		Vice President

Date: March 5, 2026

FAQ

What does SK Telecom (SKM) change in this Form 6-K/A amendment?

The amendment adds a new agenda item for the annual shareholder meeting: approval of a plan for holding and disposing of treasury shares. All previously announced items, including financial statements, director elections and capital reserve reduction, remain unchanged from the earlier notice.

What is the new item 8 on SK Telecom (SKM)'s AGM agenda?

Item 8 seeks shareholder approval of SK Telecom’s plan for holding and disposing of treasury shares. It covers common shares acquired through a trust agreement and formalizes how 196,475 treasury shares may be disposed of under the company’s capital management framework.

How many SK Telecom (SKM) treasury shares are covered by the disposal plan?

The plan covers disposal of 196,475 common treasury shares, all acquired through a trust agreement. These shares are part of a broader treasury position that stood at 1,797,787 shares at the commencement date of holding and 1,601,312 shares as of the disposal date.

How does the treasury share plan affect SK Telecom (SKM)'s share ratios?

The filing shows the ratio of treasury shares to total issued shares changing from 0.84% to 0.75%. Over the same comparison, common shares outstanding excluding treasury shares increase from 212,992,266 to 213,188,741, illustrating a modest adjustment in capital structure.

When and where will SK Telecom (SKM) hold its 2026 annual general meeting?

The annual general meeting is scheduled for March 26, 2026 at 10:00 a.m. Seoul time. It will take place at SUPEX Hall, 4th Floor, SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, Korea, as stated in the meeting notice.

What other key items are on SK Telecom (SKM)'s AGM agenda besides treasury shares?

Shareholders will vote on 2025 financial statements, amendments to the Articles of Incorporation, reduction of capital reserve, appointment of several executive, non-executive and independent directors, appointment of audit committee members and approval of the ceiling amount of remuneration for directors.