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Samsung holds 2022 Annual General Meeting of Shareholders in South Korea

Samsung Electronics has just now conducted the 53rd Annual General Meeting of Shareholders at the Suwon Convention Center in Suwon-si, Gyeonggi-do in the presence of shareholders, institutional investors, Vice Chairman Han Jong-hee, and President Kye-Hyeon Kye.

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In the Annual General Meeting, the general shareholders‘ meeting approved the approval of financial statements, the appointment of directors inside and outside, the appointment of members of the audit committee, and the approval of pay limits for directors.

Even with the tough business conditions like the prolonged COVID-19 pandemic last year, thanks to the dedication and efforts of everyone including executives and employees, partners, consolidated sales hit a record high of 280 trillion won and operating profit was the third highest in history 52 that Samsung has achieved a performance of KRW trillion.

The DeX segment has further expanded its flagship smartphone sales due to the foldable phone trend and has consolidated its leadership in the industry by launching premium products such as Neo QLED TVs and bespoke home appliances.

Samsung Electronics achieved 100% renewable energy consumption at its business sites in the US, Europe, and China by 2020 and is constantly expanding its use of renewable energy and making great efforts to channel resources. In addition, the company is developing a comprehensive environmental management strategy including.

Finally, Vice Chairman Han Jong-hee said, “Samsung Electronics has integrated the existing CE and IM segments into the DX segment to enhance product synergy and provide a superior customer experience. We also have a strong foundation.”

Keeping in view the convenience of shareholders and the COVID-19 situation, Samsung Electronics, like last year, aired a general shareholders’ meeting online for pre-applied shareholders. In addition, the electronic voting system was introduced in 2020 and electronic voting was conducted from March 6 to 15, allowing shareholders to exercise their voting rights online.

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