Samsung Electronics : Transaction with Affiliate Company

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ('SEC') today announced that its Board of Directors has authorized the following related-party transaction with an affiliated company.
Trademark License Agreement
- Grant trademark license to Samsung Medicine

Transaction Item	License fee for use of trademark
Transaction Date	January 31, 2013
Transaction Period	January 31, 2013-January 31, 2018
Transaction Value	KRW 5,604 million (total transaction value: KRW 5,604 million)
Contract Type	Negotiated Contract
Terms and Conditions	* On a cumulative basis, the license fee was below KRW 5 billion at the end of 2016, but exceeded KRW 5 billion after adding the fee for 2017. Accordingly, the payment shall be made upon the approval of the Board of Directors. * The transaction date is the date when the trade license agreement with Samsung Medicine was made. * The transaction value is the cumulative amount of the license fee during the transaction period (five years). * The license fee is set at 0.5% of Samsung Medicine's revenue (not including revenue from licensor or revenue from consignment sales) each year during the transaction period

Other Information: · Number of Independent Directors Present at the BOD Meeting: 5 · Attendance of Audit Committee: Y
※ This disclosure is in accordance with the Korean Fair Trade Act, which mandates that a company must disclose
financial and real estate transactions in the event the value of such a transaction is greater or equal to KRW 5 billion
and the counterparty is a financial affiliate of the party required to make the disclosure.