Q1 2026 Quarterly Report: Revenue Jumps 69.2% YoY on Memory Pricing Surge

Quarterly Report (58th Term) Fiscal Year: January 1, 2026 to March 31, 2026 Submitted to: Financial Services Commission, Korea Exchange Date: May 15, 2026 Submitting Entity Type: Listed Corporation Exemption Reason: None Company Name: Samsung Electronics Co., Ltd. CEO: Jun Young-hyun Headquarters: 129 Samsung-ro, Maetan-dong, Yeongtong-gu, Suwon-si, Gyeonggi-do (Tel: 031-200-1114) Website: http://www.samsung.com/sec Responsible Officer: Kim Dong-wook, Finance Team Leader (Tel: 031-277-7218) Table of Contents [CEO Confirmation] 260511 Samsung Electronics Business Report CEO Confirmation.jpg I. Company Overview 1-5. Company overview, history, capital changes, total shares, and articles of incorporation are not included in this quarterly report per disclosure standards (to be included in semi-annual/annual reports). II. Business Content 1. Business Overview The Company is a global electronics enterprise consisting of 310 subsidiaries, including production and sales entities under 9 overseas regional headquarters of the DX Division and 5 overseas regional headquarters of the DS Division, as well as subsidiaries under SDC and Harman, all based at the Korean headquarters. By business segment: The Set business under the DX (Device eXperience) Division produces and sells TVs, monitors, refrigerators, washing machines, air conditioners, smartphones, network systems, PCs, etc. The Component business under the DS (Device Solutions) Division produces and sells DRAM, NAND Flash, mobile APs, and other products. SDC produces and sells OLED panels for smartphones. Harman develops, produces, and sells automotive electronic products such as digital cockpits and car audio, as well as consumer audio products including portable/soundbar speakers. By region: Domestically, the headquarters managing the DX and DS Divisions, along with 35 subsidiaries, operate the business. Headquarters comprises Suwon, Gumi, Gwangju, Giheung, Hwaseong, and Pyeongtaek campuses. Domestic subsidiaries include Samsung Display Co., Ltd. (display panel production), Samsung Electronics Sales Co., Ltd. (domestic dealer sales), Samsung Electronics Service Co., Ltd. (repair service), and Samsung Electronics Logitech Co., Ltd. (product logistics). Overseas (Americas, Europe·CIS, Middle East·Africa, Asia, etc.), 275 unlisted subsidiaries handle production, sales, and R&D activities. In the Americas, 66 entities operate, including SEA (New Jersey, USA) for Set product sales, SII (California, USA) for TV production, SSI (California) for semiconductor/display panel sales, SAS (Texas) for semiconductor production, SEDA (Brazil) for complex Set production, and Harman (Connecticut, USA) for automotive electronics. In Europe·CIS, 113 entities operate, including SEUK (UK), SEG (Germany), SEF (France), SEI (Italy) sales entities, SEH (Hungary) TV production, and SEPM (Poland) home appliance production. In Middle East·Africa, 21 entities operate, including SGE (UAE), SSA (South Africa) sales entities and SEEG (Egypt), SSAP (South Africa) TV production entities. In Asia (excluding China), 38 entities operate, including SESP (Singapore), SEAU (Australia), SEPCO (Philippines), SME (Malaysia) sales entities; SEV·SEVT (Vietnam) smartphone production; SEHC (Vietnam) TV production; SDV (Vietnam) display panel production; and SIEL (India) complex production. In China, 37 entities operate, including SCIC (Beijing), SEHK (Hong Kong) Set product sales; SSS (Shanghai), SSCX (Xi'an) semiconductor/display panel sales; SSEC (Suzhou) Set production; and SCS (Xi'an) semiconductor production. Q1 2026 revenue reached KRW 133.8734 trillion, up 69.2% year-over-year. Major customers include Alphabet, Amazon, Apple, Hong Kong Techtronics, and Supreme Electronics (alphabetical order). 2. Major Products and Services A. Major Product Revenue The Company produces and sells finished goods such as TVs, refrigerators, washing machines, air conditioners, and smartphones; semiconductor components such as DRAM, NAND Flash, and mobile APs; and OLED panels for smartphones. Through Harman, it also produces and sells digital cockpits, car audio, and portable speakers. Q1 2026 revenue breakdown: - DX Division: KRW 5,265.47 billion (39.3%) — TV, monitors, refrigerators, washing machines, air conditioners, smartphones, network systems, PCs, etc. - DS Division: KRW 8,171.56 billion (61.0%) — DRAM, NAND Flash, mobile APs, etc. - SDC: KRW 669.35 billion (5.0%) — OLED panels for smartphones, etc. - Harman: KRW 382.63 billion (2.9%) — digital cockpits, car audio, portable speakers, etc. - Other (inter-segment elimination): KRW -1,101.67 billion (-8.2%) - Total: KRW 13,387.34 billion (100.0%) Note: Each segment's revenue includes inter-segment transactions. (△ denotes negative values.) B. Major Product Price Changes In Q1 2026, the average TV selling price declined approximately 5% versus the prior year's annual average, while smartphones rose approximately 23%. Memory average selling prices rose approximately 146% versus the prior year's annual average, while smartphone OLED panel prices remained at similar levels. Digital cockpit average selling prices declined approximately 5%. 3. Raw Materials and Production Facilities A. Major Raw Materials The Company's major raw materials: For the DX Division, mobile AP solutions, mobile memory, and camera modules are supplied by Qualcomm, Micron, Samsung Electro-Mechanics, etc., while TV/monitor display panels are supplied by CSOT, etc. For the DS Division, chemicals and wafers are supplied by Soulbrain, SILTRONIC, etc. For SDC, FPCA and cover glass are supplied by BH Co., Apple, etc. Harman is supplied by NVIDIA, WNC, etc. with SOCs (System-On-Chip) including MCUs (Micro Controller Units) and communication modules. [Translation truncated]