On March 1, 2024, City of London Investment Management Company Limited and Whitebox Advisors LLC announced that an independent proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co., LLC have recommended that the Company shareholders vote for City of London Investment Management and Whitebox Advisors? value-enhancing shareholder proposals at Samsung C&T Corporation?s March 15, 2024, annual general meeting of shareholders. ISS and Glass Lewis stated that they support City of London Investment Management and Whitebox Advisors?

increased dividend and share buyback program proposals at the Company?s upcoming annual meeting.