public-disclosure-view

Cancellation of Treasury Shares

Nov 30. 2018

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) (“SEC”) today announced that its Board of Directors (“the Board”) has resolved to cancel all remaining common and preferred treasury shares held by the Company.

- Details

Type of shares to be cancelled	1. Common stock held in SEC treasury 2. Preferred stock held in SEC treasury
Total number of shares to be cancelled	1. Common stock: 449,542,150 2. Preferred stock: 80,742,300
Total number of shares issued	1. Common stock: 6,419,324,700 2. Preferred stock: 903,629,000
Par value per share	KRW 100
Estimated total value of cancelled shares	KRW 4,875,163,035,793
Acquisition method	Shares held in treasury
Scheduled date of cancellation	Dec 4, 2018
Date of resolution	November 30 , 2018
Other information	- SEC in April 2017 announced a two-phase plan to cancel shares held in treasury and in May 2017 completed the first stage, retiring 50% of treasury stocks. The Board today approved the cancellation of the remaining treasury shares. - This transaction is to cancel treasury shares acquired within the scope of the profit available for shareholder returns by Board resolution. This transaction only reduces the number of issued shares and does not change the Company’s capital. - The number of shares and value per share is calculated on a post-split basis (a 50:1 stock split was completed in May 2018). - The estimated total value of the cancelled shares was calculated by multiplying the average acquisition price by the number of shares to be cancelled and reflects the book value on the resolution date. - The scheduled date of cancellation may change while coordinating with relevant organizations.

Attendance of Independent Directors at the Board meeting: 6(100%)