premargin

Element List	Explanation
Introduction	Advanced Petrochemical Company announces that its wholly owned affiliate, Advanced Global Investment Company, has entered into definitive agreements with SK Gas Petrochemical Pte. Ltd., an indirect affiliate of SK Gas Co. Ltd., to execute a share swap transaction as part of each party’s strategy.
Transaction Details	Under the transaction: • SK Gas Petrochemical PTE. LTD. will acquire all shares (30%) held by Advanced Global Investment Company in SK Advanced Co., Ltd., Republic of Korea; and • Advanced Global Investment Company will acquire all shares (15%) held by SK Gas Petrochemical PTE. LTD. in Advanced Polyolefins Industry Company, Kingdom of Saudi Arabia. The transaction includes a net cash payment of USD 129,280,500 by Advanced Global Investment Company to SK Gas Petrochemical PTE. LTD.
Transaction Amount	The transaction amount consists of (1) a share swap and (2) net cash consideration of USD 129,280,500, payable by Advanced Global Investment Company to SK Gas Petrochemical PTE. LTD., after taking into account the fair value of the transaction.
Transaction Conditions	Completion of the transaction is subject to regulatory approvals in the relevant jurisdictions.
Parties of the Transaction	(1) Advanced Global Investment Company, a wholly owned affiliate of Advanced Petrochemical Company. (2) SK Gas Petrochemical PTE. LTD., an indirect affiliate of SK Gas Co. Ltd.
Transaction Financing Method	The net cash consideration will be funded through the resources of Advanced Petrochemical Company.
Date of Entering Into The Transaction	2026-03-31 Corresponding to 1447-10-12
Description of Activity of The Asset Subject of The Transaction	• Advanced Polyolefins Industry Company owns and operates a Propane Dehydrogenation plant and a Polypropylene plant in Jubail Industrial City, Kingdom of Saudi Arabia, with a nameplate capacity of 843,000 tons per annum of Propylene, and 800,000 tons per annum of Polypropylene. • SK Advanced Co., Ltd. owns and operates a Propane Dehydrogenation plant in Ulsan, Republic of Korea, with a nameplate capacity of 600,000 tons per annum of Propylene and it has an investment representing 49.99% of the shares in Ulsan PP Co. Ltd. which owns and operates a Polypropylene plant with a nameplate capacity of 400,000 tons per annum of Polypropylene.
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction	Attached
Transaction reasons	The transaction aims to: • Increase strategic focus on core assets within the Kingdom of Saudi Arabia; and • Enhance operational and governance alignment within Advanced Petrochemical Company.
Expected Impact of the Transaction on the Company and Its Operations	The transaction will have an impact on the financial results of Q1 2026.
Related Parties	Not applicable
Attached Documents	Attached Documents Attached Documents Attached Documents Attached Documents

Advanced Petrochemical Company Announces the Signing of Definitive Agreements between its affiliate, Advanced Global Investment Company, and SK Gas Petrochemical PTE. LTD. for a Share Swap Transaction