RNS Number : 5698Y
Samsung Electronics Co. Ld
31 July 2024
 

Charitable Contribution

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("Samsung"), on July 31, 2024, announced that its Board of Directors has authorized the following contribution.

 

Contribution to the Ho-Am Foundation (the "Foundation")

- Samsung will contribute KRW 3.41 billion to the Foundation to be used for its presentation of the

 Samsung Ho-Am Prizes in the following six fields:

∙ Physics/Mathematics,

∙ Chemistry/Biology,

∙ Engineering,

∙ Medicine,

∙ Art, and

∙ Volunteering

 

Donations to Other Foundations and Educational Organizations

- KRW 20.00 billion to Samsung Life Public Welfare Foundation

- KRW 12.32 billion to Sungkyunkwan University

 

The amounts listed above will be paid within the calendar year 2024.

 

* Note: Pursuant to the Korea Fair Trade Act, a donor is required to disclose its donation to charitable organizations if such donation amount exceeds KRW 10 billion and the recipient is an affiliated entity of the donor.

 

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