S-Oil has revised its interim dividend announcement, adjusting the dividend yield for its preferred shares to 1.3%

S-Oil (KOSPI, 010950) announced on August 11, 2026, through a financial disclosure on the website of the Financial Supervisory Service, that it was correcting an error in the previously submitted announcement regarding the decision on cash and stock dividends. The correction concerns the "market price dividend rate" for preferred shares, which has been revised from 0.0% to 1.3%. The company stated that the reason for the correction was a simple typographical error, and that there are no changes to other items such as the dividend amount or the record date. This dividend is an interim dividend for the first half of 2026, and the dividend will be paid in cash. The dividend per share is 800 won for both common and preferred shares, and there is no differentiated dividend rate. The market price dividend rate for common shares is 0.6%, while the market price dividend rate for preferred shares is 1.3%. The market price dividend rate is calculated as the percentage of the dividend per share relative to the arithmetic average of the stock price over the past week, based on the trading days immediately preceding the board of directors' resolution date (August 10). The total dividend amount is approximately 93.13651 billion won, of which the total dividend amount for preferred shares (S-Oil preferred) is approximately 3.07 billion won (3,070,277,600 won). The number of treasury shares excluded from the dividend is 184,080 preferred shares. The record date for the dividend is August 25, 2026, and the expected payment date is September 15, 2026, which is the payment date separately determined by the board of directors in accordance with Article 464-2, Paragraph 1 of the Commercial Code. This dividend was finalized solely through a resolution of the board of directors, without a shareholder meeting, and all five external directors attended the board meeting. The company also stated that the audit committee is composed entirely of external directors. This correction to the disclosure does not represent a significant change to the dividend amount or payment terms, but rather corrects a simple numerical error in the market price dividend rate for preferred shares. Shareholders should pay attention to the relevant information as the record date of August 25 approaches.