Samsung SDI Passes Three Proposals Including Financial Statements Approval at General Meeting of Shareholders

On the 20th, Samsung SDI held its 54th General Meeting of Shareholders at The-K Hotel Seoul in Seocho-gu, Seoul, attended by shareholders, institutional investors, and key executives including President and CEO Choi Yoon-ho.

At the meeting, all three agenda items ? approval of financial statements, appointment of directors, and approval of the director remuneration limit ? were passed as originally proposed.

The first agenda item, "Approval of the 54th Financial Statements and Consolidated Financial Statements," involved the approval of the balance sheet, income statement, and other financial documents for the fiscal year. Dividends were set at 1,000 KRW per common share and 1,050 KRW per preferred share.

The second agenda item, "Appointment of Directors," saw the reappointment of Kim Jong-seong, Vice President and Head of the Management Support Office, as an inside director, and the new appointment of Park Jin, Vice President and Head of the Medium & Large Battery Business Division.

During his tenure as an inside director, Kim Jong-seong contributed significantly to the company's sales and profit growth through his outstanding expertise in business strategy and finance.

Park Jin has strengthened the foundation for sustainable business growth through global base expansions and joint venture collaborations with customers, and is expected to further enhance the board’s decision-making capabilities.

The third agenda item, "Approval of the Director Remuneration Limit," maintained the remuneration limit at 12 billion KRW, the same as last year.

President and CEO Choi Yoon-ho stated, "We will proceed with the mass production of all-solid-state batteries as planned in 2027," adding, "With the efforts of all employees, cooperation with partners, and the support of our shareholders, we will advance to become a global top-tier company."

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