Samsung El.gdr Regulatory News (SMSN)

16 Mar 2012 11:57



43rd AGM Results

The 43rd annual general meeting of shareholders was held on March 16, 2012, and all the agendas were approved as submitted in their original forms.

▫ Details

1. Agenda Item No.1: approved

 - Approval of Balance Sheet, Income Statement, and Statement of Appropriation of

Retained Earnings (Draft) for the 43rd Fiscal Year (from Jan 1, 2011 to Dec 31, 2011)

• Total assets: KRW 117,457,591 million

• Total liabilities: KRW 28,555,098 million

• Capital stock: KRW 897,514 million

• Total shareholders' equity: KRW 88,902,493 million

• Sales: KRW 120,815,977 million

• Operating profit: KRW 11,701,700 million

• Net income: KRW 10,029,152 million

• Earnings per share: KRW 66,868

- Cash Dividends:

• Year-end dividend per share: KRW 5,000 (common), KRW 5,050 (preferred)

• Interim dividend per share: KRW 500 (common), KRW 500 (preferred)

• Total payout: KRW 827,196 million

• Dividend yield (interim + year-end dividends): 0.52% (common share),

0.85% (preferred share)

2. Agenda Item No. 2: approved

- Agenda 2-1: Appointment of Independent Directors (3 persons)

(Mr. Dong-Min Yoon, Dr. Han-Joong Kim, Dr. Byeong-Gi Lee)

- Agenda 2-2: Appointment of Executive Directors (3 persons)

(Mr. Gee-Sung Choi, Dr. Oh-Hyun Kwon, Mr.Ju-Hwa Yoon)

- Agenda 2-3: Appointment of Members of Audit Committee (2 persons)

(Mr. Dong-Min Yoon, Dr. Han-Joong Kim)

3. Agenda Item No. 3: approved

- Approval of the limit on the remuneration for the Directors

- Proposed remuneration limit for the 44th fiscal year: KRW 30 billion

- Remuneration limit approved in the 43rd fiscal year: KRW 37 billion

- Number of Directors: 7 (including 4 Independent Directors)

4. Agenda Item No. 4: approved

- LCD Business Spin-off