[New Year's Address] Jang Yongho and Choo Hyungwook of SK Innovation: "Early Completion of Rebalancing... Restoring Market Trust"

SK Innovation has set the early completion of portfolio rebalancing (business restructuring) and the strengthening of its fundamental competitiveness as its key management themes for the New Year.

Jang Yongho, President of SK Innovation, visited the SK Innovation Ulsan Complex on January 1, the first day of the New Year 2026, to encourage the members who have done their best in stable operations and operational improvements (O/I). SK Innovation

In a joint New Year's address on January 2, President Jang Yongho and CEO Choo emphasized the need to make SK Innovation even stronger by focusing on the early completion of portfolio rebalancing, enhancing fundamental competitiveness, and securing future growth engines.

President Jang and CEO Choo stated, "Let us complete portfolio rebalancing as soon as possible to achieve structural transformation and fundamental profitability improvements for SK Innovation." They urged, "Let us strengthen our profit structure, enhance business stability, reinforce financial soundness, and build trust in the capital markets."

They also said, "By pursuing New Operation Improvement (New O/I), we can strengthen our fundamental competitiveness. Let us maximize integrated synergy in the refining and chemical businesses through value chain optimization across SK Innovation affiliates."

In addition, they called for positioning the electrification business as a core pillar for future growth, expanding the power sector business portfolio, and systematically building research and development (R&D) capabilities.

Finally, they stressed the importance of unity among management and employees so that SK Innovation can demonstrate 'One Team Spirit' and move forward as a strong 'One Innovation' that remains unshaken in the face of any crisis.

Meanwhile, on the previous day, President Jang, CEO Choo, and other SK Innovation executives visited the Ulsan Complex (CLX) to encourage employees.