What is your role in Samsung s insur ance relationship with FM Global I am vice president of Samsung Electron ics and responsible for EH S environ mental health and safety management of the Device Solutions division And as you know loss prevention is a big part of EH S management I manage the EH S team based in the Giheung Complex in Korea covering not only three domestic sites but four overseas sites including Austin Texas USA and three sites in China Suzhou Tianjin and Xi an which also fall under Device Solutions At Samsung Electronics property related insurance business is managed by the EH S team For that reason I have been deeply involved in the insurance con tract process collaborating with all other relevant functions like finance treasury operations etc amsung Electronics journeyed west recently to see firsthand FM Global s testing and research center The contingent was led by EJ Park vice president and team leader of Samsung s environmen tal health and safety division Prior to working at Samsung Park served in a similar capacity at British American Tobacco During their visit Park and his colleagues took personal interest in viewing safety loss prevention and risk management all considered criti cal concepts by Samsung through the FM Global prism What is Samsung s view of loss prevention In our area we call this loss prevention and protection Prevention literally comes first We focus on prevention activity first because we believe all accidents are pre ventable as a part of the company s safety philosophy We are always trying to be per fect at EH S management but of course we are not perfect That s why we need cer tain measures just in case That is called loss protection From this perspective we have various robust protection meth ods at our business including firefighting facilities fire brigades emergency response teams fire training and drills business con tinuity planning and more And as a final measure we have ade quate insurance What concerns you most in terms of Samsung s exposure to risk All business is exposed to a variety of risks depending on their environment Samsung Electronics is no exception From the per spective of EH S I am sure we have a very reliable and stable safety system and activi ties based on local legal requirements and global practices The Samsung semiconduc tor business started as a Korean company around 40 years ago Now we are a top notch global organization in not only sales revenue but corporate citizenship as well which is related to EH S management The Samsung semiconductor business started as a Korean company around 40 years ago Now we are a top notch global organization in not only sales revenue but corporate citizenship as well which is related to EH S management 26 REASON ISSUE 2 2015

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