General Announcement::ANNOUNCEMENT OF CONDITIONS SUBSEQUENT AND ISSUER SUBSTITUTION

Issuer & Securities

Issuer/ Manager
SK BATTERY AMERICA, INC.
Securities
SKBATTERY US$500M4.875%N270123 - XS2747557416 - X9JB
SKBATTERY US$1B4.25%N290122 - XS3273749823 - ETLB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Oct-2026 10:35:14
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CONDITIONS SUBSEQUENT AND ISSUER SUBSTITUTION
Announcement Reference
SG261030OTHRZFNO
Submitted By (Co./ Ind. Name)
SK Battery America, Inc.
Designation
Finance Group
Effective Date and Time of the event
30/10/2026 10:35:00
Description (Please provide a detailed description of the event in the box below)
October 30, 2026. The Original Issuer announced today that pursuant to the consent solicitation memorandum dated October 6, 2026 (the Consent Solicitation Memorandum), the Consent Conditions Subsequent as set forth in the Consent Solicitation Memorandum have been satisfied and the Original Issuer is electing to proceed with the Reorganization and the implementation of the Extraordinary Resolutions. On October 30, 2026, the Supplemental Fiscal Agency Agreement and Amended and Restated Notation of Guarantee in respect of each Series will be entered into, the Proposed Amendments and Waivers will become effective and the Original Issuer will be replaced by SK On Co., Ltd. in respect of each Series. The Original Issuer will procure the payment of any Consent Fee and Ineligible Noteholder Payment (if payable, respectively) on October 30, 2026.Capitalized terms used in this announcement but not defined have the meanings given to them in the Consent Solicitation Memorandum.

Attachments

SK Battery America_Consent Conditions Subsequent and Substitution Announcement.pdf
Total size =100K