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| Date | 1 Dec 2021 |
| Time | 10:03:12 |
| Category | Miscellaneous |
| ID | 2072U |
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 of
Community Chest of Korea, a social welfare corporation, to help the underprivileged as a part of SEC's corporate
social 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's
effort to achieve The Global Goals*, SEC will make to the UNDP a charitable contribution sourced by the
proceeds 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 UNDP - This year's contribution includes the proceeds from Samsung |
1) Based on the currency exchange rate at close on November 23, 2021 (1 USD = 1,189 KRW)