REG - Samsung Electronics Samsung Elec - SMSD - Decision on Share Disposition

Samsung Electronics CoAnnouncement

23/05/2025 09:45

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RNS Number : 9717J  Samsung Electronics Co. Ld  23 May 2025

Decision on Share Disposition

 

 

 1. Number of shares to be disposed                                                                                                                    Common         5,256,775
                                                          Other                                                             -
 2. Price of shares to be disposed (Korean won)                                                                                                        Common         54,700
                                                          Other                                                             -
 3. Value of shares to be disposed (Korean won)                                                                                                        Common         287,545,592,500
                                                          Other                                                             -
 4. Expected disposition period                                                                                                                        Start date     May 26, 2025
                                                          End date                                                          May 26, 2025
 5. Purpose of disposition                                                                                                                                            Stock grants for employees
 6. Method of disposition                                                                                                                                             Transfer from the company's treasury stock account to

                                                                                                                                                                      the accounts of designated employees'
 7. Consignment investment brokers                                                                                                                                    Samsung Securities Co., Ltd.

                                                                                                                                                                      Shinhan Securities Co., Ltd.

                                                                                                                                                                      KB Securities Co., Ltd.
 8. Holding status of treasury shares before disposition  Disposition within the allowable distribution of profit (shares)  Common                                    48,149,247          Ratio (%)           0.8
                                                                                                                            Other                                     6,636,988           Ratio (%)           0.8
                                                          Other disposition (shares)                                        Common                                    -                   Ratio (%)           -
                                                                                                                            Other                                     -                   Ratio (%)           -
 9. Date of board resolution (confirmation date)                                                                                                                      May 23, 2025
 - Attendance of Independent Directors at the Board of Directors meeting                                                                               Present        6
                                                          Absent                                                            0

10. Other Information to Consider:

- Shares denoted as "other" are preferred shares.

- The disclosure is in relation to the allocation of treasury shares to
employees aimed at supporting sustainable growth of the Company and employees
and retaining and motivating key talent. The conditions for the grant and the
number of recipients are as follows:

[Grant conditions] employees who are employed on the scheduled grant date
(excluding executives)

[Number of employees eligible for grant] 123,086

- The above details are subject to change within the scope approved by the
Board, depending on the number of employees at the time of the grant and
changes in the stock price.

- In Item 2 above, the price of shares to be disposed (Korean won) is based on
the closing price on the day before the board resolution (May 22, 2025)

- In Item 3 above, the value of shares to be disposed (Korean won) was
calculated by multiplying the number of shares to be disposed by the closing
price on the day before the board resolution. The actual amount may change
depending on stock price at the time of disposal.

 

- Holding status of treasury shares before purchase (number of shares)

 Stock type  Initial quantity  Changes                             End quantity
             purchase                      disposal  cancellation
 common      29,700,000        68,593,875  -         50,144,628    48,149,247
 other       4,050,000         9,499,024   -         6,912,036     6,636,988

 

 

 

 

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