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December 03, 2012

Purchase of Retirement Pension Policy

Details are as follows:

1. Insurer: Samsung Life Insurance

2. Type of Pension Policy: Retirement pension policy

3. Terms and Conditions
- Retirement Pension Premium: KRW 527.7 billion
• Actual payment would amount to KRW 433.5 billion after deducting
KRW 94.2 billion in accruals of interests, etc.
- Retirement Pension Claim: Samsung Life Insurance will pay 80% of severance pay when a Samsung Electronics employee leaves the company

4. The purchase of retirement pension policy aims to manage severance pay in a stable manner and improve profitability of the asset.