Samsung Electronics Shareholders' Meeting on the 16th of Next Month... Han Jong-hee Officially Appointed as CEO (Comprehensive)

[Asia Economy Reporter Lee Seon-ae] Samsung Electronics announced on the 15th that it will hold the 53rd Annual General Meeting of Shareholders on March 16 at the Suwon Convention Center in Gyeonggi Province. At this shareholders' meeting, an agenda item to newly appoint four presidents as inside directors, including Kyung Kye-hyun, head of Samsung Electronics' DS Division, Noh Tae-moon, head of the MX Business Division, Park Hak-gyu, head of the DX Division Management Support Office, and Lee Jung-bae, head of the Memory Business Division, will be presented.

Additionally, the agenda includes reappointing Kim Han-jo, former chairman of the Hana Financial Public Interest Foundation, as an outside director, and newly appointing Han Hwa-jin, endowed professor at the National Science and Technology Human Resources Development Institute, and Kim Jun-sung, managing director of the Government of Singapore Investment Corporation (GIC).

Professor Han previously served as the Environmental Secretary to the President at the Blue House (2009?2010), deputy director of the Korea Environment Institute (KEI), and a private member of the Green Growth Committee at the Prime Minister's Office.

Shareholders can participate in electronic voting from 9 a.m. on March 6 to 5 p.m. on March 15 without attending the shareholders' meeting in person.

Shareholders can register their information in the electronic voting system, check the convocation notice and detailed agenda items, and exercise their voting rights by clicking the 'Vote' button for each agenda item.

Samsung Electronics introduced online broadcasting of the shareholders' meeting venue last year, considering shareholder convenience and the COVID-19 situation.

Early next month, Samsung Electronics plans to provide advance application guidance for watching the online broadcast through its website.

The application period coincides with the electronic voting participation period (March 6, 9 a.m. to March 15, 5 p.m.). Shareholders who apply can watch the entire shareholders' meeting process in real time and ask questions.

However, under current law, it is not possible to vote online on agenda items while watching the online broadcast on the day of the shareholders' meeting, so shareholders must exercise their voting rights in advance through electronic voting or apply for proxy voting.

A Samsung Electronics official said, "We will make every effort to ensure the safety and health of shareholders by establishing a thorough COVID-19 prevention system," adding, "A quarantine pass will be introduced at the shareholders' meeting venue."

Meanwhile, Samsung Electronics announced that with the resignation of representatives Kim Ki-nam, Kim Hyun-suk, and Ko Dong-jin, Han Jong-hee was officially appointed as a representative as of that day. Additionally, Samsung Electronics revealed plans to operate a social contribution matching fund of 11.75 billion KRW this year.

The matching fund was created by adding company contributions to employee donations from the previous year and will be used for social contribution projects related to youth education and vulnerable groups. Samsung Electronics also plans to donate 2.324 billion KRW to the Chungnam Samsung Academy Foundation in early March.

This content was produced with the assistance of AI translation services.