Charitable Contribution

Samsung Electronics Co. Ld

29 November 2024

 

Charitable Contribution

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC"), on November 29, 2024, announced that its Board of Directors has authorized the following contribution:

1. Contribution to Community Chest of Korea's annual fundraising campaign for 2025

-     SEC will contribute KRW 8.53 billion to the Heemang 2025 Nanum Campaign of Community Chest of Korea, a social welfare corporation, to help the underprivileged as a part of our commitment to corporate social responsibility.

2. Contribution to the United Nations Development Programme (UNDP)

-     As a part of its partnership with the UNDP and to support the United Nations's effort to achieve The Global Goals*, SEC will make a charitable contribution sourced from the Samsung Global Goals application, our user-participation sustainability platform, and the matching fund.

* A set of 17 goals adopted at the UN General Assembly in September 2015 to achieve a sustainable future for all.

□ Details

Term of partnership	August 7, 2019-December 31, 2030 (11 years and 5 months)
Amount	USD 2,939,972 (approximately KRW 4.11 billion)
Timing of contribution	Scheduled for December 2024
Recipient	United Nations Development Programme
Other information	- During each year of the partnership, the contribution amount was calculated based on the proceeds from the twelve-month period from November 1 through October 31 of subsequent year. The timing of the contribution is subject to change pursuant to consultation with the partner. - This year's contribution consists of the proceeds from Samsung Global Goals application between November 1, 2023-October 31, 2024, and SEC's contribution.

 

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