Our company's decision-making and supervisory process enhances corporate transparency and accountable management and thus, constitutes an environment where corporate value can be maximized.
(1) BOD Activities
26 December, 2011
Agenda
Results
Attendance
Merger with Samsung LED
Approved
4/4 present
Purchase of stake in S-LCD Corporation
Approved
2 December, 2011
Agenda
Results
Attendance
Donation
Approved
4/4 present
28 October, 2011
Agenda
Results
Attendance
Approval of 3Q11 financial statements and quarterly report
Approved
3/4 present
Payment for retirement pension policy purchased from Samsung Life Insurance
Approved
Approval of related party transactions
Approved
Joining venture capital union
Approved
Participation in Living Plaza's rights offering
Approved
15 September, 2011
Agenda
Results
Attendance
Signing of property sale contract with SMD
Approved
4/4 present
28 July, 2011
Agenda
Results
Attendance
Approval of the 43rd 1H2011 financial statement and business report and interim dividends
Approved
4/4 present
Extension of a ceiling on beneficiary certificate transactions
Approved
Purchase of property and casualty insurance policy
Approved
Participation in rights issue of Samsung Biologics
Approved
27 May, 2011
Agenda
Results
Attendance
Sale of solar cell business
Approved
4/4 present
Payment for retirement pension policy purchased from Samsung Life Insurance
Approved
Donation to Samsung Foundation
Approved
29 April, 2011
Agenda
Results
Attendance
Approval of 1Q11 financial statements and quarterly report
Approved
4/4 present
Establishment of a joint venture in China and relevant investment (approval of the changes made to the joint venture contract)
Approved
Additional stake acquisition in Samsung Medison
Approved
18 March, 2011
Agenda
Results
Attendance
Assignment of Director duties
Approved
4/4 present
Participation in Samsung Mobile Display's rights offering
Approved
Donation
Approved
22 February, 2011
Agenda
Results
Attendance
Convening of the 42nd Annual General Meeting (AGM) of shareholders
• Item No.1 : Approval of FY 2010 balance sheet, income statement, and statement of appropriation of retained earnings (draft) (From January 1, 2010 to December 31, 2010)
• Item No. 2 : Approval of the remuneration ceiling for the directors
Approved
28 January, 2011
Agenda
Results
Attendance
Approval of 42nd financial statements and annual reports
Approved
4/4 present
Approval of 2011 management plan
* Report items
• Report on the internal accounting management system
• Report on assessment of the internal accounting management system
Approved
3 January, 2011
Agenda
Results
Attendance
Report and announcement on the merger with Samsung Gwangju Electronics
Approved
4/4 present
University-industry cooperation with SungKyunKwan University's Semiconductor System Engineering department
Approved
(2) Directors' Attendance at Board Meetings
Attendance at Board meetings for the past three years (between 2009 and 2011) is 96% on average.
2009
2010
2011
Attendance
96%
95%
96%
* Directors are required to notify the Company of a valid reason in advance if they cannot attend Board meetings.
(3) Evaluation Method of the Board of Directors
From November (the end of the fiscal year) to December, human resources will evaluate the Board of Directors and each of the board committees in varies activities, such as Directors attendance at meetings.
* Important evaluation criteria: Determined by how the Board of Directors and each of the board committees abide by the regulations and relevant laws, as well as Directors attendance at meetings compliance with directors' duties and attendance at meetings
Directors' attendance data shall be shared within the board and other evaluation results shall be used as a reference for board activities for the following year.
