September 14, 2012

Merger between Samsung Electronics and SEHF Korea

On September 13, 2012, the BOD of Samsung Electronics announced its decision to seek a merger
between Samsung Electronics and SEHF Korea, the company’s subsidiary. The purpose is to
enhance manufacturing competitiveness of Samsung Electronics’ handset business by securing
technological competence in components including camera modules and touch screen panels, thereby raising shareholder value.


□ Details of the Merger
1. Method of merger:
SEHF Korea will be merged into Samsung Electronics at a merger ratio of 1:0

2. Major Schedule:
- Contract signing date: September 26, 2012
- Date of merger notification: October 10, 2012
- Book closing period to determine shareholders entitled to exercise the right to dissent:
October 10~25, 2012
- Samsung Electronics BOD Meeting to approve the merger: October 26, 2012

* Since the merger will be pursued in the form of a small-scale merger, the BOD approval
will substitute a Shareholder’s Meeting as stipulated in Article 527-3 of the Commercial
Law. If a shareholder owning more than 20% of the surviving entity’s outstanding share
sends a written notice of dissent within two weeks after the date of the merger notification,
the merger cannot proceed as a small-scale merger and will immediately loses its effect.
- Date of merger: December 1, 2012



Book Closing/Record Date for Merger with SEHF Korea

As noted above, the details of the book closing for determining the list of shareholders entitled to
exercise the right to dissent is as follows:
- Record date: October 9, 2012
- Book closing period: October 10~25, 2012


Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE