Samsung Electronics Co. Ld — Regulatory Filings 2021

Apr 29, 2021

National Storage Mechanism | Additional information

RNS Number : 0718X

Samsung Electronics Co. Ld

29 April 2021

Transaction with Affiliate Company

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on April 29, 2021 announced that its Board of Directors has authorized the following transaction with an affiliated company.

Investment in the New Technology Investment Association

-     Investment in the New Technology Investment Association (SVIC 52) established by Samsung Venture Investment Corporation (SVIC).

□ Major Transaction Terms

Transaction Date1)	-
Transaction Value	KRW 99,000 million (to be made in cash)
Purpose of Transaction	Technical and business cooperation through equity investments in startups at home and abroad
Terms and Conditions	* With the investment, SEC joins the New Technology Investment    Association (SVIC 52). * The total fund amounts to KRW 100 billion, which consists of KRW     99 billion from SEC and KRW 1 billion from SVIC. 1) SEC will join the association on May 17, 2021, and the funds will      be paid when needed via investments or expense payments over      the 7-year term of SVIC 52. Both SEC's join date and duration of     SVIC 52 are subject to change.

Other Information:

ž Number of Independent Directors present at the Board meeting: 6 (100%)

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

an affiliate of the party required to make the disclosure.

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