Lee Chanhee, Who Met Jay Y. Lee Last Year, Says "Lee's Commitment to Compliance Management Is Very Strong"

Meeting in November Last Year... Also Mentioned in the Annual Report
"Guaranteeing the Independence and Autonomy of the Compliance Committee"
For Jeon Younghyun's First Anniversary: "Hoping for Good Results"
Visit to Eastern European Business Sites in February... Compliance Management Inspection

Lee Chanhee, chairman of the Samsung Compliance Monitoring Committee, met with reporters before attending the third regular meeting of the committee held at the Samsung Life building in Seocho-gu, Seoul, on the afternoon of the 20th. He stated, "Jay Y. Lee, chairman of Samsung Electronics, has a very strong commitment to compliance management," and added, "He also emphasized his intention to guarantee the independence and autonomy of the committee's activities."

On the afternoon of the 20th, Lee Chanhee, chairman of the Samsung Compliance Monitoring Committee, answered questions from reporters before attending the regular meeting of the Samsung Compliance Monitoring Committee held at the Samsung Life Seocho Building. Photo by Kim Hyungmin

Lee Chanhee previously met with Jay Y. Lee in November last year for a discussion. This meeting was disclosed to the public through the '2024 Annual Report' recently released by the committee. Lee Chanhee said, "The committee also believes that it is better for Samsung to maintain greater political independence and focus solely on management, in order to break away from the suffering caused by unwanted relationships with the political sphere in the past." He continued, "We agreed that the best way to achieve this is by adhering to the principles of compliance management. Communication will continue as needed in the future."

Regarding Jeon Younghyun, head of the Device Solutions (DS) division and vice chairman, who marks his first anniversary in office on the 21st, Lee Chanhee commented, "I am not aware of the specific details, but I understand that he is doing his best," and added, "Since results do not appear in a short period of time, I always hope for good outcomes, such as technological advancement."

Lee Chanhee also addressed his visit to Samsung Electronics' Eastern European business sites in February to inspect compliance management practices. He said, "The working environment in Eastern Europe is not particularly favorable," and added, "Nevertheless, I observed that a large number of foreign workers are employed there, and their human rights are protected by a very robust system. I also offered words of encouragement for their hard work." He reflected, "It was a valuable opportunity to recognize the dedication and commitment to compliance management of overseas employees working at international sites, where there is a diversity of ethnicities and races, unlike in Korea."