May 20, 2016

Purchase of Assets

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) (“SEC”) announced today that its Board of Directors have approved the purchase of certain assets (CER units, or Certified Emissions Reduction units) from Samsung Display Co., Ltd., an affiliate of SEC.

▫ Details
1. Scheduled Purchase Date: due in June 2016

2. Purchased Assets: 360,000 tons of CER (Certified Emissions Reduction units)

3. Expected Purchase Price: KRW 7,560 million

* The expected purchase price was calculated based on the closing price of CER (05/19/2016, KRW 21,000 per ton) one day before the approval of the BOD and the purchase price may vary depending on the trading price of CER on KRX.

4. Number of Independent Directors Present at the BOD Meeting: 5

5. Attendance of Audit Committee: Y

※ This disclosure is in accordance with the Korean Fair Trade Act, which mandates that a company must disclose financial and real estate transactions in the event the value of such a transaction is greater or equal to KRW 5 billion and the counterparty is a affiliate of the party required to make the disclosure.

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