DART Filing · Auto-translated
📌 Key Filing Highlights
- Event Type: Gift to a Related Party (Non-profit organization)
- Total Gift Amount: 24,430 million KRW (~$18.32 million USD based on 1334 KRW/USD)
- Recipient: Samsung Life Public Welfare Foundation (Non-profit corporation)
- Board Approval Date: October 29, 2026
Filing Overview and Core Decision
Samsung Electronics has officially disclosed a decision to provide a monetary gift to a related party, specifically the Samsung Life Public Welfare Foundation. This disclosure is made in accordance with Article 26 of the Monopoly Regulation and Fair Trade Act (Fair Trade Act). The board of directors approved the transaction on October 29, 2026, with full attendance from independent directors and the audit committee.
Detailed Filing Terms and Specifications
| Metric | Details |
|---|---|
| Recipient | Samsung Life Public Welfare Foundation (Non-profit corporation) |
| Gift Asset | Cash (Monetary funds) |
| Gift Value | 24,430 million KRW (~$18.32 million USD) |
| Cumulative Gift Amount | 24,430 million KRW (~$18.32 million USD) |
| Payment Date | Scheduled for payment within the year 2026 |
| Board Resolution Date | October 29, 2026 |
| Board Attendance | Independent Directors: 5 Present / 0 Absent; Auditor: Present |
| Total Assets (Previous FY End) | 358,902,051 million KRW (~$269.12 billion USD) as of end of 2025 (Separate Financial Statements) |
| Ratio to Total Assets | 0.01% |
Operational Purpose and Company Rationale
The company has disclosed this transaction as a gift to a related party (non-profit corporation) in compliance with the Fair Trade Act. No further specific operational rationale was provided in the filing beyond the identification of the recipient as a non-profit entity.