S-1 CORPORATION SAMSUNG GROUP AFFILIATE

Samsung S-1 announced on July 2 that the company received a presidential citation at the 2nd Crime Prevention Awards ceremony hosted by the Ministry of Justice. At the awards ceremony held in the international conference room in the Gwacheon Government Complex, Samsung S-1 received the citation in recognition of its Hope Scholarship Project that it has operated for the past 15 years since 2005.

The Hope Scholarship Project helps inmates of youth detention centers reinforce their willingness for self-reliance to grow into healthy members of society. The program consists of provision of scholarships, self-reliance camps, and employment and entrepreneurship education.

The Samsung Dream Scholarship Foundation selects 18 exemplary inmates of youth detention centers every year to help them settle down in society. To date, since its founding 15 years ago, the Foundation has provided about KRW 450 million in scholarship funds to a total of 200 youths.

The Foundation also operates a self-reliance camp that reinforces the self-overcoming will of the youth. Self-reliance camp is a program that selects 20 inmates of youth detention centers and encourages them to reinforce their willingness for self-reliance through a variety of activities such as cycling, hiking and trekking in Jeju-do, etc. together with Samsung S-1 employees. So far, more than 100 youths have participated in this program since 2013.

This program also supports the incubation of start-ups and employment for ex-inmates of youth detention centers. It helps them operate a caf？ in the form of a cooperative and find a job as a barista or start-up at a confectionery and baker through professional education. To date, over 150 youths have found jobs and become independent over the past 8 years through this program.

Samsung S-1 is planning to continue their efforts to help the inmates of youth detention centers to return to society and prevent recidivism through meticulous support ranging from correctional facilities to self-reliance programs.

Noh Hee-chan, CEO of Samsung S-1, said, "We will continue to engage in various support activities so that youths will never lose hope to realize their dreams."