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Last checked at 
1 Dec 2021 10:03
Charitable Contributions
The Board of Directors of Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC"), on November 30, 2021, authorized the following contributions:
1. Contribution to Community Chest of Korea's annual fundraising campaign for 2022
- SEC will contribute KRW 25.6 billion to the Heemang 2022 Nanum Campaign, the annual fundraising event ofCommunity Chest of Korea, a social welfare corporation, to help the underprivileged as a part of SEC's corporatesocial responsibility activities.
2. Contribution to the United Nations Development Programme ("UNDP")
- As a part of SEC's partnership with the UNDP ("Partnership") as well as its engagement in the United Nation'seffort to achieve The Global Goals*, SEC will make to the UNDP a charitable contribution sourced by theproceeds from Samsung Global Goals, SEC's user-participation sustainability platform, and the matching fund.
* A set of 17 goals adopted at the United Nations General Assembly in September 2015 to achieve a sustainable future for all.
□ Details
Term of Partnership | August 7, 2019-August 7, 2024 (5 years) |
Amount | USD 2,689,094 (KRW 3,197 million1)) |
Recipient | United Nations Development Programme |
Other Information | - For each year of the Partnership, SEC will contribute to the UNDPthe proceeds from Samsung Global Goals platform over theprevious twelve-month period (from November 1 through October31); the timing of the contribution is subject to change. - This year's contribution includes the proceeds from SamsungGlobal Goals from November 1, 2020 through October 31, 2021. |
1) Based on the currency exchange rate at close on November 23, 2021 (1 USD = 1,189 KRW)
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