Samsung Securities Co., Ltd.

2021 Earnings Release (Unaudited)

Feb, 2022
Investor Relations

Samsung Securities
 Contents

1. Income Statement (Summary)

2. Net Revenues
· Brokerage Commission
· Financial Product Sales
· Trading & Interest Income
· Investment Banking

3. Operating Expense & Regulatory Ratios

4. Appendix

SAMSUNG SECURITIES
 Income Statement (Summary)
(KRW billion)

Separate basis FY 2021 FY 2020 YoY 4Q 21 3Q 21 4Q 20 QoQ YoY

Net revenues 2,172.5 1,412.7 +53.8% 415.8 577.6 387.2 -28.0% +7.4%
Brokerage ¹ 745.0 685.3 +8.7% 146.4 170.6 188.6 -14.2% -22.4%
Financial product sales ² 411.7 340.9 +20.8% 72.3 138.6 94.4 -47.8% -23.5%
Trading & interest income 760.8 243.2 +212.9% 122.8 202.5 60.3 -39.4% +103.6%
Investment banking 252.7 159.4 +58.5% 73.1 60.3 47.6 +21.2% +53.5%
Other ³ 59.6 37.0 +61.0% 15.3 19.5 9.2 -21.7% +66.3%
Commission expenses (57.3) (53.1) +8.0% (14.0) (13.9) (13.0) +0.8% +7.7%
Operating expenses 883.9 771.7 +14.5% 228.0 219.8 228.1 +3.7% -0.04%
Operating income 1,288.6 641.0 +101.0% 187.8 357.8 159.1 -47.5% +18.1%
Pretax income 1,288.3 640.8 +101.1% 188.5 357.8 155.7 -47.3% +21.0%
Income tax expense 351.5 167.6 +109.7% 51.5 96.0 37.1 -46.3% +38.9%
Net income 936.7 473.1 +98.0% 137.0 261.9 118.6 -47.7% +15.5%
ROE (Annualized) 16.7% 9.4% +7.3%p 9.3% 18.5% 9.2% -9.1%p +0.1%p
Consolidated basis FY 2021 FY 2020 YoY 4Q 21 3Q 21 4Q 20 QoQ YoY
Net revenues 2,244.2 1,492.6 +50.3% 433.6 596.3 401.2 -27.3% +8.1%
Pretax income 1,327.6 685.8 +93.6% 198.3 365.0 166.5 -45.7% +19.1%
Net income 965.8 507.8 +90.2% 144.1 268.2 126.9 -46.3% +13.6%
ROE (Annualized) 16.8% 9.9% +6.9%p 9.6% 18.4% 9.7% -8.9%p -0.1%p
¹ Brokerage commission excluding related costs
² Financial product sales include mutual funds, wrap accounts, OTC derivative products, bancassurance and trust (fixed income sales credit included in trading income)
³ Interest on securities loans, dividend from subsidiaries

SAMSUNG SECURITIES 3
 Earnings Highlight
 Consolidated pretax-income achieved record high for three consecutive years at W1.3tn(+93.6% YoY)
 Brokerage commission recorded W745.0bn(+8.7% YoY), as domestic retail client base and overseas stock
＊Seperate basis
trading activity continue to increase
 Total retail client assets achieved the biggest annual gains to date and reached W317.1tn(+20.2% YoY, net inflow +W56.0tn)
 Overseas equity brokerage commission at W150.2bn(+43.9% YoY), Overseas equity asset balance at W18.3tn(+67.9% YoY)

 Financial product sales increased to W411.7bn(+20.8% YoY) due to strong sales from all products
 Wrap account asset balance at record high at W5.0bn(+55.1% YoY)

 Trading and interest income up 212.9% YoY to W760.8bn on the back of normalized trading income and
improved margin loans profitability

 Investment banking revenue increased significantly to W252.7bn(+58.5% YoY) on strong project financing
and ECM revenue
 Net income & ROE (KRW billion, %) 16.8  Revenue breakdown

Others
11% Retail
9.9 IB
8.2 13% 27%
6.6 7.4
965.8 Sales & 15%
Trading Digital
507.8
271 334.1 391.8 34%

2017 2018 2019 2020 2021

Note: Consolidated basis Note: Net revenue breakdown based on business division
SAMSUNG SECURITIES 4
 Separate basis

Brokerage Commission

[ Brokerage Commission ] [ Domestic Equity Trading Value & M/S ]

(KRW billion) (KRW trillion, %)
■ Domestic Equity ■ Overseas Equity ◆ Retail M/S ◆ Total M/S
745.0 ● Avg. Daily Trading Value
240.8 685.3
150.2 31.9 37.8 29.5 28.8 24.2 27.0 30.3
47.8 104.4
188.6 187.1
170.6 9.25 9.28 9.00 9.08
26.3 31.6 146.4 9.09 9.02
34.0 8.85
36.8 7.95 7.91
594.8 7.80 7.58 7.51 7.65
193.0 580.9
162.3 155.5 7.21
136.6
109.7

4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021 4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021
Note: Domestic equity includes futures, options, etc. Note: ADT includes KOSPI, KOSDAQ, ETF & KONEX

[ Retail Client Assets and # of HNWI Clients ] [ Overseas Equity Assets & Trading Value ]
(KRW trillion, ‘000 clients) (KRW trillion)

■ Client Assets ○ Asset Net Inflow ◆ # of HNWI ■ Total Assets ■ Trading Value
34.0
233 233 238
206 18.3
188 16.4
15.3
13.9
-0.1 +12.7 +6.8 +14.8 +21.6 10.9 17.6
10.0 9.4
7.1 7.5
4.9
305.9 303.0 317.1
263.8 280.3

4Q20 1Q21 2Q21 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021
Note: HNWI with assets over 100million Note: Total assets based on quarter-end balance including deposits

SAMSUNG SECURITIES 5
 Separate basis

Financial Product Sales

[ Financial Product Sales ] [ Retail - Financial Products Balance ]

(KRW billion) (KRW trillion)
■ OTC Derivatives ■ Wrap account ■ OTC Derivatives ■ Wrap account ■ Fund ■ Retirement Pension ■ Trust
■ Fund ■ Trust etc. 411.7
33.5 33.5
26.5 30.4 31.5
138.6 340.9
68.9 28.2 6.7 6.4
6.9 20.7 6.3 6.3
109.6 19.8 30.4 5.6
94.4 53.1 6.6 7.4
91.2 7.3 7.3 13.8 6.3
4.9 5.6 5.9
6.7 17.8 72.3
12.3 6.4
16.5 5.5
3.9 7.2 12.9 12.7
14.8 285.9 11.0 11.9 12.2
104.5 9.5 253.4
73.3 78.2
60.8 3.4 4.3
42.5 2.6 2.9 4.4
3.4 3.4 3.3 3.0 2.6
4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021 4Q20 1Q21 2Q21 3Q21 4Q21
Note: End balance

[ OTC Derivatives Issuance and Balance ] [ Wrap Account Balance ]

(KRW trillion) (KRW trillion)

■ Redemption ■ Issance ● Balance

4.9 5.0 * Breakdown by assets

3.5 2.8 2.6 2.6 3.2

3.9 2.9%
3.4 14.7% Bond
3.3
Equity
6.8 Fund
57.4% 25.0%
2.9 5.0 4.7
2.3 Derivatives
4.0
1.5 1.3 1.1 1.0 1.0 1.1
0.6
0.4
4Q20 1Q21 2Q21 3Q21 4Q21
4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021
Note: End balance, Includes institutional sales Note : Excludes cash & cash equivalents

SAMSUNG SECURITIES 6
 Separate basis

Trading & Interest Income

[ Trading & Interest Income ] [ Client Deposits ]

(KRW billion) (KRW trillion)

760.8
14.2
12.5 12.5 12.4
219.7 215.8
202.5 10.4

122.8
243.2
60.3

4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021 4Q20 1Q21 2Q21 3Q21 4Q21
Note: Average daily balance

[ Trading Income Related Client Assets ] [ Margin Loan Balance ]

(KRW trillion) (KRW trillion)

■ REPO ■ ELS ■ DLS

4.4 4.5
4.3
21.9 22.7 4.0 4.1
20.8 20.3 21.2
4.2 4.1
3.4 3.7 4.1
3.5 3.6 4.6
4.5 3.8

13.0 12.8 13.6 14.1 14.0

4Q20 1Q21 2Q21 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21
Note : Includes back-to-back issuance Note: Average daily balance

SAMSUNG SECURITIES 7
 Separate basis

Investment Banking

[ Investment Banking Revenue ] (KRW billion)

[ 2021 Major Deals ]

■ Structured Financing
■ M&A ■ DCM ■ ECM 252.7
IPO IPO IPO
38.3 Main underwriter Main underwriter Main underwriter

9.5
15.8
IPO IPO IPO
Main underwriter Main underwriter Co-manager
159.4
73.1
7.3 13.1
59.7 60.3 1.2 6.8 IPO IPO IPO &
59.7 13.2
5.6 Main underwriter Co-manager Acquisition Financing
3.4
47.6 13.9 3.7 13.7
4.3 1.9 2.6 2.8 189.1 IPO
1.2 2.5 5.1 Acquisition Financing M&A
Main underwriter
7.0
58.9 126.3
50.0
41.5 38.7
35.1 IPO IPO
Acquisition Financing
Main underwriter Co-manager
* 2022(E)

4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021 IPO

IPO IPO
Co-manager Co-manager Main underwriter

SAMSUNG SECURITIES 8
 Separate basis

Operating Expense & Regulatory Ratios

[ Operating Expense ] [ Cost-to-Income ]

(KRW billion)
■ SG&A ■ Fixed Personnel Expense
■ Variable Personnel Expense 883.9
771.7
224.9
228.1 217.7 219.8 228.0 198.2 59%
218.5 55% 55%
68.5 47.1 53.2 49.4
75.2 292.4
269.7 41%
76.9 72.6 76.2 38% 38%
71.7 36%
66.8

303.7 366.7
87.9 76.5 93.7 94.0 102.4

4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021 4Q20 1Q21 2Q21 3Q21 4Q21 FY2020 FY2021

[ Net Capital Ratio ] [ Leverage Ratio ]

1,100% ↓

1,699%
1,575% 1,609%
1,516%
838%
804% 793% 799%
1,045% 786%

100% ↑

4Q20 1Q21 2Q21 3Q21 4Q21 (E) 4Q20 1Q21 2Q21 3Q21 4Q21 (E)
Note: Consolidated basis, Note: Separate basis,
NCR = (net operating capital – gross risk) / sum of equity capital required for each business license Leverage = Total Assets / Total Equity, Separate basis

SAMSUNG SECURITIES 9
 Appendix

Company Overview
Financial Statements
· Balance sheet
· Income statement

SAMSUNG SECURITIES
 Company Overview Appendix

Company History
CEO Mr. Seok-Hoon Chang Number of branches 43
(1 office not incl.) 1982 Founded as Hanil Investment Finance

Market Number of Employees 2,397 1988 IPO (Listed on securities exchange)

KRW4.0tn
Cap. (As of Dec 30, 2021) (Advisors) (650) 1992 Joined Samsung Group and renamed Samsung Securities

Credit Baa2 Stable (Moody’s) 1998 Started sale of mutual funds (First in Korea)
Rating AA+ Stable (KIS rating)
2000 Merged with Samsung Investment Trust
MSCI ESG Score A 2003 Obtained full London Stock Exchange membership/
ESG
KCGS ESG Score A Launched Samsung Wrap Accounts
Rating
DJSI World Index Company
2005 Signed MOU with CITIC Securities (China)
▶ Key Financials 2006 Won in 9 categories of finance in the Asiamoney Brokers Poll (First in Korea)
(KRW billion)
FY 2021 FY 2020 2007 First Korean financial company to underwrite inflation-linked bonds
Total assets 65,738 63,870 2010 Joined the DJSI World Index (First in Korean financial industry)
Shareholders’ equity 6,081 5,317
2015 Declared Customer Protection Charter
Net income 965.8 507.8 Recorded POP UMA sales of KRW 2 trillion
ROE (Annualized) 16.8% 9.9%
2017 Signed comprehensive business alliance with HSC Securities (Vietnam)
Note: consolidated basis
2018 Launched margin trading service for overseas stocks (First in Korea)
▶ Shareholder composition
2020 Recorded KRW 200 trillion client assets / Found ESG research institute
Rated 'A+' fund distributor for 4 consecutive years by “Korea Financial
Other institutional and Samsung
Investors Protection Foundation”
individual investors 29.8% Life Insurance
30.0%
2021 Launched stock and shares ISA (First in Korea)
Issued ESG rated green bonds (First in Korean financial industry)
National Received ISO14001 certification
11.3%
28.9% Rated ‘A’ by MSCI ESG Ratings (First in Korean financial industry)
Pension Service Foreign investors
Included in DJSI World Index for 12 consecutive years
SAMSUNG SECURITIES 11
 Consolidated Balance Sheet Appendix

(KRW billion)
4Q 21 (QoQ) (YoY) 3Q 21 2Q 21 1Q 21 4Q 20
Total Asset 65,738 -1.7% +2.9% 66,880 63,678 61,568 63,870
I. Cash and cash equivalents 3,244 -12.1% +13.0% 3,692 3,390 3,553 2,871
II. Financial assets designated at Fair Value 39,400 +3.2% +11.0% 38,173 36,315 34,146 35,503
III. Financial assets designated at OCI 4,342 -8.7% -15.5% 4,756 4,989 4,874 5,136
IV. Financial assets designated at cost after amortization 18,361 -7.8% -8.4% 19,920 18,653 18,664 20,034
V. Investments in associates 137 +8.8% +43.2% 126 106 108 96
VI. Fixed assets 105 +4.7% -11.7% 100 108 109 118
VII. Investments in real estate - - - - - - -
VIII. Intangible assets 86 +6.9% +7.7% 80 79 79 80
IX. Prepaid tax 8 +1.4% +5.5% 8 8 8 8
X. Deferred income tax assets 1 +13.2% +23.3% 1 1 1 1
XI. Other Assets 53 +125.1% +128.9% 23 30 28 23
Total liabilities 59,656 -2.1% +1.9% 60,929 57,993 56,150 58,553
I. Financial liabilities at Fair Value 10,015 +0.6% -1.4% 9,952 9,509 9,487 10,157
II. Deposits 17,468 -1.8% +15.9% 17,793 16,988 15,659 15,074
III. Borrowings 24,823 +5.2% +3.0% 23,600 23,276 22,414 24,092
IV. Debenture issued 3,035 +18.3% +64.7% 2,566 1,427 1,891 1,843
V. Defined benefit liabilities 16 -60.5% -35.5% 39 37 28 24
VI. Reserve for contingent liabilities 13 -3.3% -7.5% 13 13 14 14
VII. Accrued income taxes 237 -0.4% +272.8% 238 224 220 64
VIII. Deferred income tax liabilities 130 +26.6% +1.3% 103 76 37 128
IX. Other liabilities 3,918 -40.9% -45.2% 6,625 6,443 6,401 7,157
Total equity 6,081 +2.2% +14.4% 5,951 5,685 5,418 5,317
I. Share capital 458 - - 458 458 458 458
II. Capital surplus 1,743 - - 1,743 1,743 1,743 1,743
III. Capital adjustment (59) - - (59) (59) (59) (59)
IV. Accumulated OCI 188 -6.6% -2.6% 202 204 202 193
V. Retained earnings 3,750 +4.0% +25.8% 3,606 3,337 3,073 2,980
VI. Minority interest - - - - - - -

SAMSUNG SECURITIES 12
 Separate Balance Sheet Appendix

(KRW billion)
4Q 21 (QoQ) (YoY) 3Q 21 2Q 21 1Q 21 4Q 20
Total Asset 59,642 -2.9% +2.2% 61,421 58,553 56,254 58,341
I. Cash and cash equivalents 3,165 -13.0% +12.1% 3,637 3,327 3,519 2,824
II. Financial assets designated at Fair Value 39,517 +3.3% +11.3% 38,239 36,577 34,193 35,526
III. Financial assets designated at OCI 4,324 -8.7% -15.5% 4,738 4,971 4,857 5,119
IV. Financial assets designated at cost after amortization 12,055 -15.5% -15.6% 14,268 13,143 13,107 14,288
V. Investments in associates 350 +1.8% -8.2% 343 330 374 371
VI. Fixed assets 99 +5.8% -9.8% 93 101 101 110
VII. Investments in real estate - - - - - - -
VIII. Intangible assets 83 +7.4% +8.6% 77 75 75 76
IX. Prepaid tax - - - - - - -
X. Deferred income tax assets - - - - - - -
XI. Other Assets 50 +96.3% +91.4% 25 28 27 26
Total liabilities 53,716 -3.4% +1.1% 55,620 53,002 50,961 53,134
I. Financial liabilities at Fair Value 10,015 +0.6% -1.4% 9,952 9,509 9,487 10,157
II. Deposits 14,981 -2.9% +17.1% 15,436 14,759 13,075 12,792
III. Borrowings 21,470 +3.7% +2.1% 20,711 20,571 19,859 21,030
IV. Debenture issued 3,035 +18.3% +64.7% 2,566 1,427 1,891 1,843
V. Defined benefit liabilities 16 -58.7% -33.8% 39 36 28 24
VI. Reserve for contingent liabilities 13 -1.5% -6.5% 13 13 13 14
VII. Accrued income taxes 231 -1.0% +300.1% 234 219 214 58
VIII. Deferred income tax liabilities 124 +26.9% -2.1% 98 71 33 127
IX. Other liabilities 3,830 -41.7% -46.0% 6,571 6,398 6,360 7,088
Total equity 5,926 +2.1% +13.8% 5,801 5,551 5,293 5,207
I. Share capital 458 - - 458 458 458 458
II. Capital surplus 1,743 - - 1,743 1,743 1,743 1,743
III. Capital adjustment (36) - - (36) (36) (36) (36)
IV. Accumulated OCI 168 -7.1% -11.4% 181 192 190 189
V. Retained earnings 3,592 +4.0% +26.0% 3,455 3,193 2,937 2,852

SAMSUNG SECURITIES 13
 Consolidated Income Statement Appendix

(KRW billion)
4Q 21 (QoQ) (YoY) 3Q 21 2Q 21 1Q 21 4Q 20 2021 2020 (YoY)
Net revenues 433.6 -27.3% +8.1% 596.3 583.4 630.8 401.2 2,244.2 1,492.6 +50.3%
Brokerage commissions 158.4 -13.1% -20.4% 182.3 198.0 253.1 198.9 791.9 727.9 +8.8%
Financial product sales 72.3 -47.8% -23.5% 138.6 109.6 91.2 94.4 411.7 340.9 +20.8%
(Wrap account) 9.5 +30.0% +145.4% 7.3 6.4 7.2 3.9 30.4 13.8 +120.4%
(Fund) 14.8 -25.5% +20.1% 19.8 17.8 16.5 12.3 68.9 53.1 +29.8%
(OTC derivatives) 42.5 -59.4% -42.1% 104.5 78.2 60.8 73.3 285.9 253.4 +12.8%
(Others) 5.5 -20.1% +13.1% 6.9 7.3 6.7 4.9 26.5 20.7 +28.4%
Trading and interest income 125.3 -44.8% +36.3% 226.9 235.4 238.6 91.9 826.2 328.7 +151.4%
Investment banking 54.2 +39.3% +110.8% 38.9 40.4 32.2 25.7 165.9 95.9 +72.9%
Other income 33.0 +33.4% +124.0% 24.7 13.6 17.2 14.7 88.5 58.8 +50.5%
Commission expenses (9.6) - - (15.1) (13.7) (1.5) (24.5) (39.9) (59.5) -32.9%
Operating expenses 240.8 +3.0% +0.9% 233.7 227.1 231.5 238.7 933.1 814.7 +14.5%
Personnel expenses 131.3 +0.2% -9.5% 131.0 129.1 147.6 145.1 539.1 489.8 +10.1%
Depreciation & Amortization 13.9 +0.1% -6.2% 13.9 14.1 14.3 14.8 56.1 60.1 -6.6%
G&A expenses 95.6 +7.6% +21.3% 88.8 84.0 69.6 78.8 337.9 264.8 +27.6%
(IT expenses) 24.0 +10.8% +20.0% 21.7 22.9 20.4 20.0 89.1 78.2 +13.9%
(Rent) 1.5 +16.0% -4.5% 1.3 1.3 1.8 1.6 5.9 6.1 -2.5%
(Advertisement) 15.3 -4.1% -3.5% 16.0 17.0 5.2 15.9 53.6 34.0 +57.5%
(Others) 54.7 +9.8% +32.5% 49.8 42.8 42.2 41.2 189.3 146.5 +29.2%
Operating income 192.8 -46.8% +18.6% 362.7 356.3 399.3 162.5 1,311.1 678.0 +93.4%
Non-operating revenues 5.5 +130.0% +36.3% 2.4 5.3 3.4 4.0 16.6 7.8 +112.3%
Pretax income 198.3 -45.7% +19.1% 365.0 361.6 402.7 166.5 1,327.6 685.8 +93.6%
Tax 54.2 -44.0% +36.8% 96.8 97.1 113.7 39.6 361.8 178.0 +103.3%
Net income 144.1 -46.3% +13.6% 268.2 264.5 289.0 126.9 965.8 507.8 +90.2%
(Majority share) 144.1 -46.3% +13.6% 268.2 264.5 289.0 126.9 965.8 507.8 +90.2%

SAMSUNG SECURITIES 14
 Separate Income Statement Appendix

(KRW billion)
4Q 21 (QoQ) (YoY) 3Q 21 2Q 21 1Q 21 4Q 20 2021 2020 (YoY)
Net revenues 415.8 -28.0% +7.4% 577.6 566.6 612.4 387.2 2,172.5 1,412.7 +53.8%
Brokerage commissions 146.4 -14.2% -22.4% 170.6 187.1 240.8 188.6 745.0 685.3 +8.7%
Financial product sales 72.3 -47.8% -23.5% 138.6 109.6 91.2 94.4 411.7 340.9 +20.8%
(Wrap account) 9.5 +30.0% +145.4% 7.3 6.4 7.2 3.9 30.4 13.8 +120.4%
(Fund) 14.8 -25.5% +20.1% 19.8 17.8 16.5 12.3 68.9 53.1 +29.8%
(OTC derivatives) 42.5 -59.4% -42.1% 104.5 78.2 60.8 73.3 285.9 253.4 +12.8%
(Others) 5.5 -20.1% +13.1% 6.9 7.3 6.7 4.9 26.5 20.7 +28.4%
Trading and interest income 122.8 -39.4% +103.6% 202.5 215.8 219.7 60.3 760.8 243.2 +212.9%
Investment banking 73.1 +21.2% +53.5% 60.3 59.7 59.7 47.6 252.7 159.4 +58.5%
Other income 15.3 -21.7% +66.3% 19.5 10.3 14.5 9.2 59.6 37.0 +61.0%
Commission expenses (14.0) +0.8% +7.7% (13.9) (15.9) (13.4) (13.0) (57.3) (53.1) +8.0%
Operating expenses 228.0 +3.7% -0.04% 219.8 217.7 218.5 228.1 883.9 771.7 +14.5%
Personnel expenses 125.6 -0.1% -10.4% 125.7 123.9 142.0 140.2 517.2 467.9 +10.5%
Depreciation & Amortization 12.8 +0.2% -5.6% 12.8 13.0 13.1 13.6 51.8 54.9 -5.8%
G&A expenses 89.6 +10.3% +20.5% 81.2 80.8 63.3 74.3 314.9 248.8 +26.6%
(IT expenses) 22.2 +11.4% +20.4% 19.9 21.2 18.8 18.5 82.2 72.1 +14.0%
(Rent) 1.2 +20.3% -4.2% 1.0 1.0 1.5 1.3 4.7 4.8 -2.2%
(Advertisement) 15.1 -4.4% -4.2% 15.8 16.9 5.0 15.8 52.9 33.5 +58.0%
(Others) 51.0 +14.7% +31.5% 44.4 41.7 38.0 38.8 175.1 138.4 +26.5%
Operating income 187.8 -47.5% +18.1% 357.8 348.97 393.96 159.09 1,288.6 641.0 +101.0%
Non-operating revenues 0.7 +1,317.5% - 0.05 0.7 (1.7) (3.4) (0.3) (0.3) +7.8%
Pretax income 188.5 -47.3% +21.0% 357.8 349.7 392.2 155.7 1,288.3 640.8 +101.1%
Tax 51.5 -46.3% +38.9% 96.0 93.6 110.4 37.1 351.5 167.6 +109.7%
Net income 137.0 -47.7% +15.5% 261.9 256.1 281.8 118.6 936.7 473.1 +98.0%

SAMSUNG SECURITIES 15
Disclaimer

This presentation includes forward-looking statements about Samsung Securities Co., Ltd.
All statements that address expectations or projections about the future are forward-looking
statements.
Although they reflect our current expectations, these statements are not guarantees of future
performance, but involve a number of risks, uncertainties, and assumptions.
Samsung Securities assumes no obligation to provide revisions to any forward-looking
statements should circumstances change.