SK Brand License Fee Revised Up 62% to KRW 390.2B for 2024-2026 — SK Hynix

Summary

SK Hynix has filed an amendment to its December 2023 disclosure on related-party transactions with SK Inc., raising the SK brand royalty payment from KRW 241.1 billion to KRW 390.2 billion — a 62% increase. The revision was triggered because actual transaction amounts exceeded the original estimate by more than 20%, requiring board re-approval, which occurred on May 28, 2026. The fee is calculated as 0.2% of prior-year revenue excluding advertising expenses, so the upward revision reflects SK Hynix's stronger-than-expected revenue performance during the HBM-driven boom. The figure is now a confirmed amount for the 2024-2026 contract period rather than an estimate.

Historical Impact

2 past Correction · ≈ Amendment (/A) events at SK Hynix

Median +5d

+12.70%

Range

+4.98% to +20.41%

Positive outcomes

2/2

Filed	P₀	P₊₅	+5d
Apr 23, 2026	₩1,225,000	₩1,286,000	+4.98%
Apr 7, 2026	₩916,000	₩1,103,000

Full Translation

Internal Transactions with Related Parties SK Hynix Inc. Amendment Report May 29, 2026 1. Subject of Amendment: Internal Transactions with Related Parties 2. Original Filing Date: December 14, 2023 3. Amendment Details: Item | Reason | Before | After 2. Transaction Details d. Transaction Amount | Change in SK brand royalty transaction amount | 241,075 | 390,242 3. Total Transaction Amount | | 241,075 | 390,242 4. Board Resolution Date | | 2023.12.13 | 2026.05.28 - Outside Directors Attending | | 4 | 6 5. Other: - This disclosure relates to the renewal of the brand use agreement resolved by SK Hynix's Audit Committee on December 13, 2023. - The 'a. Transaction Date' under '2. Transaction Details' is omitted as it represents a future contract execution date. - The 'd. Transaction Amount' and '3. Total Transaction Amount' are estimates for the contract period (2024-2026) and may change based on future revenue. - Payment basis: 0.2% of the prior fiscal year's revenue excluding advertising expenses - Payment timing and method: monthly payments after contract execution - Authority for other details delegated to the CEO or CEO's designee. - This disclosure concerns approval of a transaction amount change because the actual transaction amount increased by 20% or more compared to the initial estimate disclosed on December 14, 2023. - The 'd. Transaction Amount' and '3. Total Transaction Amount' are now confirmed amounts for the contract period (2024-2026). Internal Transactions with Related Parties Corporate Group: SK Company: SK Hynix Inc. Disclosure Date: 2026.05.29 Governing Law: Article 26 of the Fair Trade Act (Unit: KRW million) 1. Counterparty: SK Inc. Relationship: Affiliate 2. Transaction Details a. Transaction Date: - b. Transaction Period: Start 2024.01.01 / End 2026.12.31 c. Subject: Use of SK brand d. Transaction Amount: 390,242 e. Contract Type: Private contract 3. Total Transaction Amount: 390,242 4. Board Resolution Date: 2026.05.28 - Outside Directors: 6 attending, 0 absent - Auditor (Audit Committee Member) Attendance: Attended 5. Other: - This disclosure concerns approval of a transaction amount change because the actual transaction amount increased by 20% or more compared to the initial estimate disclosed on December 14, 2023. - The 'd. Transaction Amount' and '3. Total Transaction Amount' are confirmed amounts for the contract period (2024-2026). Related Disclosure Date: 2023.12.14