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Pin to quick picksSamsung El.gds Regulatory News (SMSD)

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Transaction with Affiliate Company

30 Apr 2026 08:51

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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MSCSDISWSEMSELL
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Date   Source Headline
7th Jul 20269:30 amRNSDecision on Share Disposition
7th Jul 20268:53 amRNSNotice of 2Q 2026 Earnings Release Schedule
7th Jul 20268:52 amRNS2Q 2026 Pre-Earnings Guidance
29th Jun 202610:05 amRNSFuture Business Management Plan
26th Jun 20268:23 amRNSSustainability Report 2026
25th Jun 20268:58 amRNSResponse to Rumors or Media Reports:Undetermined
1st Jun 20268:51 amRNSCorporate Governance Report FY2025
29th May 20269:45 amRNS2026 1Q Interim Business Report
30th Apr 20269:03 amRNS2025 Business Report
30th Apr 20268:51 amRNSTransaction with Affiliate Company
30th Apr 20267:49 amRNSQuarterly Dividend for First Quarter 2026
30th Apr 20267:47 amRNS2026 1Q Earnings Release
24th Apr 20269:30 amRNSReport on Share Repurchase Results
7th Apr 20268:31 amRNSNotice of 1Q 2026 Earnings Release Schedule
7th Apr 20268:31 amRNS1Q 2026 Pre-Earnings Guidance
31st Mar 20268:32 amRNSDecision on Cancellation of Shares
25th Mar 20268:28 amRNSReport on Share Disposition Results
19th Mar 20267:46 amRNSSamsung Electronics Corporate Value Enhancement
18th Mar 20268:38 amRNSCharitable Contribution
18th Mar 20268:28 amRNSDecision on Share Disposition
18th Mar 20268:28 amRNSDecision on Share Repurchase
18th Mar 20268:28 amRNSResults of the 57th Annual General Meeting
12th Mar 20267:55 amRNSAdditional information about Ref. Material(AGM)
12th Mar 20267:55 amRNSAdditional information about Ref. Material(AGM)
12th Mar 20267:47 amRNSReport on Share Repurchase Results
12th Mar 20267:47 amRNSReport on Share Repurchase Results
25th Feb 20267:00 amRNSReplacement of Reference Material for 2026 AGM
13th Feb 20267:44 amRNSCharitable Contributions
13th Feb 20267:43 amRNSReference Material for 2026 AMG
12th Feb 202610:04 amRNS2025 Consolidated Financial Statements
12th Feb 202610:03 amRNS2025 Separate Financial Statements
4th Feb 20268:50 amRNSReport on Share Disposition Results
29th Jan 20268:25 amRNSReport on Share Disposition Results
29th Jan 20268:24 amRNSDecision on Share Disposition
29th Jan 20268:23 amRNSDecision on Share Repurchase
29th Jan 20267:52 amRNS2025 Capex Results
29th Jan 20267:52 amRNSYear-End Dividend for FY2025
29th Jan 20267:00 amRNS2025 4Q Earnings Release
27th Jan 20268:20 amRNSReport on Share Repurchase Results
26th Jan 20267:00 amRNSDecision on Share Disposition
8th Jan 20268:23 amRNSNotice of 4Q 2025 Earnings Release Schedule
8th Jan 20268:23 amRNS4Q 2025 Pre-Earnings Guidance
7th Jan 202610:28 amRNSDecision on Share Repurchase
28th Nov 20258:32 amRNS2025 3Q Interim Business Report
28th Nov 20258:29 amRNSTransaction with Affiliate Company
28th Nov 20258:27 amRNSAppointment of New Chief Executive Officer
28th Nov 20258:27 amRNSCharitable Contribution
5th Nov 20258:19 amRNSReport on Share Disposition Results
30th Oct 20258:16 amRNSDecision on Share Disposition
30th Oct 20257:58 amRNSCharitable Contribution
12

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