REG - Samsung Electronics - Results of the 55th Annual General Meeting

Samsung Electronics CoAnnouncement

20/03/2024 09:15

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RNS Number : 5897H  Samsung Electronics Co. Ld  20 March 2024

Results of the 55th Annual General

Meeting of Shareholders

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD), on March 20,
2024, held its 55th 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 55th fiscal year (Jan
1, 2023 to Dec 31, 2023)

-      Assets                : KRW 455,906
billion

-      Liabilities             : KRW 92,228 billion

-      Equity               : KRW 363,678
billion

-      Revenue             : KRW 258,935
billion

-      Operating Profit       : KRW   6,567 billion

-      Net Income          : KRW 15,487 billion

-      Earnings per Share    : KRW   2,131

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): 1.9% (common); 2.4%
(preferred)

2. Agenda Item No. 2: Approved and ratified

o  Election of Je-Yoon Shin as an Independent Director

3. Agenda Item No. 3: Approved and ratified

o  Election of Hye-Kyung Cho as an Independent Director for Audit Committee

4. Agenda Item No. 4: Approved and ratified

o  Election of Myung-Hee Yoo as an Audit Committee Member

5. Agenda Item No. 5: Approved and ratified

o  Approval of remuneration limit for Directors

6. Agenda Item No. 6: Approved and ratified

o  Approval of Partial Amendment of the Articles of Incorporation

※  Other important matters related to investment decisions

1.     Earnings per share, set forth in Section 1 above, is basic earnings
per share.

2.   Dividend yield, set forth in Section 1 above, 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.

 

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