27 Jul 2023 08:09
Charitable Contribution
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Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("Samsung"), on July 27, 2023, announced that its Board of Directors has authorized the following contribution.
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Contribution to the Ho-Am Foundation (the "Foundation")
- Samsung will contribute KRW 3.4 billion to the Foundation to be used for its presentation of the Samsung Ho-Am Prizes in the following six fields:
· Physics/Mathematics,
· Chemistry/Biology,
· Engineering,
· Medicine,
· Art, and
· Volunteering
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Donations to Foundations and Educational Organizations
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1. KRW 17.190 billion to Samsung Life Public Welfare Foundation
2. KRW 12.244 billion to Sungkyunkwan University
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The amounts listed above will be paid within 2023.
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※ Note: Pursuant to the Korea Fair Trade Act, a donor is required to disclose its donation to charitable organizations if such amount exceeds KRW 5 billion and the recipient is an affiliated entity of the donor.
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