Charitable Contribution

Samsung Electronics Co. Ld

18 February 2025

 

Charitable Contribution

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC"), on February 18, 2025, announced that its Board of Directors has authorized the following contribution:

□ Management Plans for the Social Contribution Matching Fund for 2025

- The Fund consists of SEC employees' voluntary financial contributions, as well as SEC's matching financial contribution. For the calendar year 2025, SEC plans to contribute to the Fund KRW 11.38 billion to match the total amount raised by its employees in the previous year.

- SEC's contributions to the Fund are expected to be utilized to benefit the society, by contributing to projects related to youth education and assistance for vulnerable members of the society.

□ Contribution to Chungnam Samsung Academy

- SEC will make a financial contribution in the amount of KRW 2.414 billion in early March 2025 to Chungnam Samsung Academy as a part of its efforts to (i) attract talented employees by improving the learning environment for their school-aged children and (ii) improve local educational infrastructure.

□ Sponsorship of WorldSkills International

 - SEC will provide EUR 1.65 million (approximately KRW 2.43 billion) to the 48th WorldSkills Competition in Shanghai, China, and to the Organizing Committee of WorldSkills International to support its global mission and efforts to nurture future talent who will contribute to global industrial development. The contribution will be paid in March 2025.

 

END