Samsung El.gdr Regulatory News (SMSN)

Transaction with Affiliate Company

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) on November 29, 2019 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 Company

- To ensure stability of retirement benefit management and enhance overall profitability of the pension policy.

□ Major transaction terms

*Estimated amount for the financial year 2020 and the actual amount may differ.

Other Information:

ž Number of Independent Directors present at the Board of Directors meeting: 6 of 6

ž Attendance of Audit Committee: Y

Purchase of retirement pension policy from Samsung Life Insurance Company

- To ensure stability of retirement benefit management and enhance overall profitability of the pension policy.

□ Major Transaction Terms

*Estimated amount for the financial year 2019 and the actual amount may differ.

Other Information:

ž Number of Independent Directors present at the Board of Directors meeting: 6 of 6

ž Attendance of Audit Committee: Y

※ This disclosure is in accordance with the Korean Fair Trade Act, which mandates that a company must disclose financial and

real estate transactions in the event the value of such a transaction is greater or equal to KRW 5 billion and the counterparty is

a financial affiliate of the party required to make the disclosure.