October 25, 2016

Embezzlement and breach of fiduciary duty by employee

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) (“SEC”) announced
that a former executive was charged with embezzlement and breach of fiduciary duty by the
Suwon District Public Prosecutors Office.

1. Amount of Embezzlement
- Amount of Suspicion : KRW 78,103,990
- Total Equity of the Company : KRW 179,059,805,354,410
- Ratio to Total Equity : 0.00004 %

2. Company’s Countermeasure
- The Company will take appropriate measures according to the due process of law in dealing with this case

3. Date of occurrence: 10/18/2016

4. Date of confirmation: 10/24/2016

5. Other information
1) Details of the allegations are as follows:
- A violation of the Act On Prevention Of Divulgence and Protection of Industrial Technology and breach of fiduciary duty

• Damage: to be determined
- Breach of fiduciary duty (expense reimbursement fraud)

• Damage: KRW 78,103,990
2) The allegations and the alleged amount have not been finalized and are subject to change according to the court judgment.

3) Total equity described above is based on consolidated financial statement as of the end of 2015.

4) The Company will disclose any progress or confirmation on this matter without delay.


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
×

Redirect Notification

As of Nov. 1, 2017, the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc.

For more information, please visit HP's website: http://www.hp.com/go/samsung


Select CONTINUE to visit HP's website.

CANCEL
CONTINUE