Company Announcements

Results of the 54th Annual General
Meeting of Shareholders

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD), on March 15, 2023, held its 54th Annual General Meeting of Shareholders. The results of the matters voted on are set forth below.

1. Agenda Item No.1: Approved and ratified

o  Approval of financial statements (balance sheet, income statement, and statement of appropriation of retained earnings) for the 54th fiscal year (Jan 1, 2022 to Dec 31, 2022)

-      Assets : KRW 448,425 billion

-      Liabilities : KRW 93,675 billion

-      Equity : KRW 354,750 billion

-      Revenue : KRW 302,231 billion

-      Operating Profit : KRW 43,377 billion

-      Net Income : KRW 55,654 billion

-      Earnings per Share : KRW 8,057  

o  Cash Dividends:

-      Year-end Dividend per Share: KRW 361 (common); KRW 362 (preferred)

-      Interim Dividend per Share: KRW 1,083 (common); KRW 1,083 (preferred)

-      Total Dividend Payout (interim + year-end dividends): KRW 9,809 billion

-      Dividend Yield (interim + year-end dividends): 2.5% (common); 2.7% (preferred)

2. Agenda Item No. 2: Approved and ratified

  o  Election of Jong-Hee Han as an Executive Director

※  Independent Directors comprise 6 of the 11 members of the Board of Directors (54.55%).

3. Agenda Item No. 3: Approved and ratified

 o  Approval of Director remuneration limit

※  Other important matters related to investment decisions

1.     Earnings per share is basic earnings per share.

2.   Dividend yield is the yield for a share, based on the average share price during the week that ended two trading days before the close of the record date, pursuant to KRX guidelines.