REG - Samsung Electronics Samsung Elec - SMSD - Results of the 56th Annual General Meeting

Samsung Electronics CoAnnouncement

19/03/2025 08:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250319:nRSS2842Ba&default-theme=true

RNS Number : 2842B  Samsung Electronics Co. Ld  19 March 2025

Results of the 56th Annual General

Meeting of Shareholders

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD), on March 19,
2025, held its 56th 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 56th fiscal year (Jan
1, 2024 to Dec 31, 2024)

-      Assets                 : KRW 514,532   billion

-      Liabilities             : KRW 112,340  billion

-      Equity                  : KRW 402,192  billion

-      Revenue             : KRW 300,871   billion

-      Operating Profit   : KRW 32,726   billion

-      Net Income         : KRW 34,451     billion

-      Earnings per Share : KRW   4,950

o  Cash Dividends for the 56th fiscal year:

-      Year-end Dividend per Share: KRW 363 (common); KRW 364 (preferred)

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

-      Total Dividend Payout (interim + year-end dividends): KRW 9,811
billion

-      Dividend Yield (interim + year-end dividends): 2.7% (common); 3.3%
(preferred)

2. Agenda Item No. 2: Approved and ratified

o  Election of Directors

-      2.1: Election of Independent Directors

·    2.1.1 Mr. Jun-Sung Kim

·    2.1.2 Mr. Eunnyeong Heo

·    2.1.3 Ms. Myung-Hee Yoo

·    2.1.4 Mr. Hyuk-Jae Lee

-      2.2: Election of Executive Directors

·    2.2.1 Mr. Young-Hyun Jun

·    2.2.2 Mr. Tae-Moon Roh

·    2.2.3 Mr. Jai-Hyuk Song

※  Independent Directors comprise 6 of the 10 members of the Board of
Directors (60%).

3. Agenda Item No. 3: Approved and ratified

o  Approval of Director remuneration limit

 

4. Agenda Item No. 4: Approved and ratified

o  Election of Audit Committee Members

-      4.1: Mr. Je-Yoon Shin

-      4.2: Ms. Myung-Hee Yoo

 

※  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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGUKRWRVNUOARR