Last checked at 31 Jan 2019 08:05
Charitable Contribution
Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on January 31, 2019 announced that its Board of Directors has authorized the following contribution and management plans for the Social Contribution Matching Fund for 2019.
Management plans for the Social Contribution Matching Fund for 2019
- The Social Contribution Fund consists of voluntary contributions by employees and matching funds
by SEC. SEC plans to contribute KRW 11.73 billion in 2019 to match the funds raised by employees.
- SEC's contributions will be spent on sponsoring domestic and overseas voluntary programs as well as
supporting local social contribution activities.
Contribution to Samsung Dream Scholarship Foundation
- SEC will contribute KRW 1.12 billion to the scholarship foundation to provide more educational
opportunities to high school students from low-income families who have a strong desire to learn.
Other information
- The Board of Directors approved this action at the meeting held on January 31, 2019.