REG - Samsung Electronics Samsung Elec - SMSD - Transaction with Affiliate Company

Samsung Electronics CoAnnouncement

30/04/2026 09:00

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RNS Number : 5811C  Samsung Electronics Co. Ld  30 April 2026

Transaction with Affiliate Company

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC"), on
April 30, 2026, announced that its Board of Directors has authorized the
following related-party transactions with affiliated companies.

Purchase of retirement pension policy from Samsung Life Insurance

- To ensure the stability of retirement benefit management and enhance overall
profitability of the pension policy.

 Insurer           Samsung Life Insurance
 Policy premium    KRW 3,000 billion
 Type of policy    Retirement Pension Policy - Defined Benefit
 Terms of payment  Lump sum payments
 Insurance         Pay retirement benefit at the time of retirement
 Other             - Policy premiums are estimated amounts for the financial year 2026; actual
                   amounts may differ

                   ※ The entire premium is scheduled to be entrusted to and managed by asset
                   management companies

                   - The insurance period ends on the contract end date

Transaction with Samsung Asset Management

 Insurer  Samsung Asset Management
 Date     May 2026 ~ July 2026
 Purpose  To manage retirement benefit (Defined Benefit)
 Amount   KRW 1,500 billion
 Other    - This transaction involves the entrustment of KRW 1,500 billion to Samsung
          Asset Management out of the retirement pension reserves contributed by the
          Company to be managed by Samsung Life Insurance, at the Company's designation.

          -The transaction date may be subject to change depending on the expected
          timing of the entrustment by the Company of the amount to be managed by
          Samsung Life Insurance

          -The transaction period is in accordance with the agreed term of the
          retirement pension premiums (defined benefit) entrusted to Samsung Asset
          Management.

Investment in the National AI Computing Center Consortium (tentative name)

□ Major transaction terms

 Transaction date        The investment will be made in two tranches during the period from May 2026 to
                         January 2027
 Transaction value       KRW 12 billion (to be paid in common shares)
 Purpose of transaction  The Company will participate in a project to establish an AI R&D
                         environment and foster the domestic AI computing ecosystem through the
                         establishment of a public-private joint SPC
 Terms and conditions    - Upon establishment in May 2026, the National AI Computing Center (tentative
                         name) will be incorporated as an affiliate and a related party. Accordingly,
                         this matter is subject to Board approval and public disclosure.

                         - The Company plans to invest a total of KRW 120 trillion in two tranches
                         during the period from May 2026 to January 2027

                         - The transaction value refers to the total investment amount, including both
                         the initial capital contribution upon the SPC's establishment and any
                         additional capital contributions made through subsequent paid-in capital
                         increases after establishment

                         - The above is subject to change depending on the progress of the transaction

Other Information:

ž Number of Independent Directors present at the Board of Directors meeting:
5

ž Attendance of Audit Committee: Y

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