RNS Number : 0720H
Samsung Electronics Co. Ld
01 December 2020
Charitable Contribution
The Board of Directors of Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on November 30, 2020
authorized the following contribution.
Contribution to the United Nations Development Programme (UNDP)
- As a part of our partnership with the UNDP and engagement in the United Nation's effort to achieve
The Global Goals*, SEC will make a charitable contribution sourced from the proceeds of our user-
participation sustainability platform, Samsung Global Goals, and the matching fund.
* A set of 17 goals adopted at the UN General Assembly in September 2015 to achieve a sustainable future for all.
□
Details
|
Term of partnership
|
August 7, 2019
-
August 7, 2024 (5 years)
|
|
Amount
|
USD 1,421,154 (KRW 1,570.37 million1))
|
|
Recipient
|
United Nations Development Programme
|
|
Other Information
|
- During each year of the partnership, the contribution amount is
calculated based on the proceeds of the twelve-month period
from November 1-October 31, although timing of the contribution
is subject to change.
- This year's contribution includes proceeds from Samsung Global
Goals between August 7, 2019
-
October 31, 2020
|
1) Based on closing rate on November 27, 2020 (USD/KRW of 1,105)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END
MSCKKDBDABDKNBK
|
