• 'SK Nexilis
  to sign an Agreement for a win-win partnership to overcome COVID-19'∙∙∙ 100 million won to be provided to
  12 partner companies

• Continues
  close cooperation through sharing the weight of pandemic hardships and
  supporting the establishment of a response system∙∙∙ Practices shared growth and ESG management

SK Nexilis, SKC’s investment company in the
copper foil business for rechargeable batteries, supports its partner companies
in responding to and overcoming the COVID-19 hardships. The program will help
its partners overcome setbacks in their business activities amid the recently resurging
COVID-19 cases.

SK Nexilis held the signing ceremony for the
agreement on win-win partnership to overcome COVID-19 at its Jeongeup Plant in
Jeollabuk-do on March 22 to support 12 partner companies coping with economic
struggles due to COVID-19 by providing a fund, operating a regular channel to
share burdens, and support establishment of an emergency response system leveraging
their partnership.

The beneficiaries are 12 partner companies at
SK Nexilis' Jeongeup plant. The program will benefit the production line partner
companies for copper foil production, inspection, packaging, & shipment as
well as those responsible for environmental cleanup, company cafeteria, and
customer support centers. The signing ceremony was attended by Lee Jae-hong,
CEO of SK Nexilis, and officials from 12 partner companies.

SK Nexilis supports our partners with funds
that can be used for the quarantine purposes. The company decided to provide a
win-win support fund of 100 million won and seek continuous cooperative
measures, while monitoring the development of COVID-19. Moreover, SK Nexilis
will hold regular meetings with representatives of affiliated partner companies
and conferences hosted by the head of SK Nexilis' production division to share
the burden and challenges in responding to COVID-19. They also decided to
support partner companies in establishing an emergency response system and
sharing manuals.

An SK Nexilis official said, “Amid the recent
rapid spread of COVID-19, we decided to expand mutual growth and ESG management
by leveraging win-win partnerships to help SK Nexilis’ partners continue their
business activities without further setbacks.” [End]

[SK
Nexilis signed a win-win partnership agreement with business partners at its
Jeongeup Plant in Jeollabuk-do on March 22 to overcome COVID-19. In the photo are
Lee Jae-hong, CEO of SK Nexilis (third from the right), Jo Jung-man, CEO of
partner company Jeongintech (fourth from the right), among other partners.]