On the morning of the Black Tiger year.

The new year of 2022 has begun. I extend you my best wishes for the happiness of our members as the new year opens.

2021 will go down in history as one of the most meaningful for SK Lubricants. Despite the ongoing Covid-19 pandemic and the management environment with uncertainties, we have achieved the most significant results since the company’s inception, thanks to your efforts and dedication. In addition, last year was the first year of the implementation of our SK Lubricants financial story. I can say that it was the year that marked the beginning of a major transition that will illuminate our company’s future based on the materialized financial story.

Our proud members, this year will be the year of BM Innovation for SK Lubricants.

We must relentlessly pursue future innovation based on the new Financial Story. For the successful implementation, we will solidify our position as the industry standard by constantly sharpening the competitive edges for our existing business.

It is our destiny to embark on a full-fledged business transformation based on this, which will assist our clients in recognizing carbon-neutral values while also assisting us in laying the groundwork for entry into a new business field.

Based on this declaration, I, as CEO, guarantee you that I will do everything in my power to create a foundation for long-term happiness for our members while recognized as having superior values by our stakeholders.

Our beloved members,

despite the fact that we continue to encounter an unpredictable and uncertain management environment, I am confident that if we believe in ourselves and overcome these crises, we will get stronger and better as an organization. I’d want to convey my heartfelt appreciation for your dedication and efforts, and I wish you and your families health and merriment.

January 3rd, 2022

Cha Gyu-tak

CEO of SK Lubricants