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Charitable Contribution

29th Apr 2021 10:38

RNS Number : 0739X
Samsung Electronics Co. Ld
29 April 2021
 

Charitable Contribution

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on April 29, 2021

announced that its Board of Directors has authorized donations to the following foundations and

educational organization.

 

1. KRW 11.5 billion to Samsung Welfare Foundation

2. KRW 29.9 billion to Samsung Life Public Welfare Foundation

3. KRW 15.0 billion to Sungkyunkwan University

 

The amounts listed above will be paid within 2021.

 

Note: Pursuant to the Korean Fair Trade Act, a donor is required to disclose contributions to

charitable organizations if the amount of the donation exceeds KRW 5 billion and the

recipient is an affiliated entity of the donor.

 

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