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

Samsung Electronics CoAnnouncement

Thu 10:00

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RNS Number : 3852T  Samsung Electronics Co. Ld  31 July 2025

Transaction with Affiliate Company

 

The Board of Directors of Samsung Electronics Co., Ltd. (KS005930, KS005935,
SMSN, SMSD) on July 31, 2025, authorized the following related-party
transaction with an affiliated company.

 

Long-term loans from Samsung Display

□ Major transaction terms

 Loan type                                                             Long-term loans
 Loan agreement date                                                   February 16, 2023
 Lender                                                                Samsung Display                      Relationship with the lender        Affiliate
 Loan period                                                           February 17, 2023-February 16, 2028  Maturity Date                       February 16, 2028
 Loan amount                                                           KRW 20 trillion
 Total equity of borrower as of the end of the previous business year  KRW 236,396,657 million
 Percentage of loan to total equity                                    8.46%
 Interest rate                                                         3.90%/year
 Method of loan payment                                                Lump sum at the maturity date (early payment is possible)
 Purpose                                                               Operational costs
 Total amount of loans                                                 KRW 20 trillion

 (in the business year the agreement was signed)
 Total assets of borrower as of the end of the previous business year  KRW 324,966,127 million              Percentage of loan to total assets  6.15%

Other information:

- This borrowing is intended to secure operating funds

- The above loan agreement date refers to the original agreement; and a
contract extension is scheduled to be signed on August 14, 2025.

- Regarding the above interest rate, the interest rate for the original
contract period (2023.02.17-2025.08.16) is 4.6% per year, and the interest
rate for the extended contract period (2025.08.17-2028.02.16) is 3.9% per year

- The above 'Total amount of loans' includes the value of the loan that is the
subject of this disclosure.

- The above values for total equity and total assets are from the end-2024
separate financial statements written

 in accordance with K-IFRS.

- This disclosure is a correction related to the extension of the loan
agreement disclosed on February 14, 2023.

- Number of Independent Directors present at the BOD Meeting: 6 (100%)

- Attendance of Audit Committee: Y

- Date of a relevant disclosure: February 14, 2023

 

※ This disclosure is in accordance with the Korean Fair Trade Act, which
mandates that a company must disclose financial and real estate transactions
in the event the value of such a transaction is greater or equal to KRW 10
billion and the counterparty is a financial affiliate of the party required to
make the disclosure.

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