[Conference Call] Samsung Electronics to Increase Stock Compensation Ratio in Executive Bonuses

On the morning of April 30, during its Q1 earnings conference call, Samsung Electronics announced, "We have decided to increase the proportion of stock compensation in executive performance bonuses to strengthen responsible management and demonstrate executives' sense of responsibility for the company's emergency business recovery."

Samsung Electronics Seocho Building, Seoul. Photo by Kang Jinhyung

The company further explained, "By linking performance bonuses to the stock price and business performance, we aim to ensure that executives are fully committed to enhancing the company's corporate value and generating long-term results. This alignment of interests between the company and its shareholders will provide a direct incentive to increase shareholder value, and we will continue our efforts to enhance the company's and shareholders' value over the mid- to long-term."

Samsung Electronics has repeatedly expressed its commitment to expanding shareholder-oriented management, including the announcement last November that it would repurchase a total of 10 trillion won worth of its own shares over one year. During the conference call, the company stated, "By mid-February, we had completed the acquisition and cancellation of 3 trillion won worth of treasury shares, and an additional 3 trillion won of the remaining 7 trillion won is currently being repurchased."