Prologue

01 Prologue

02 Message from the CEO

04 Vision

06 Value

08 History

09 Business Categories

11 Chemicals

17 Foodstuffs

21 Pharmaceuticals

26 Related Business

32 Research & Development

36 Social Contributions /

Human Resources Development

40 Global Network

42 Epilogue

Samyang is serving up a menu of abundance and convenience, and you are welcome to partake.

Savor four distinct courses to spice up your life and energize your future. Samyang products

are consumed every day in countless ways seen and unseen, enriching possibilities for all.

Samyang is making life better for you.

2

Message from the CEO

3

Since Samyang was launched in 1924, it has steadily grown into a major business group in South

Korea based on its principled, trust-based management. As we approach our 100th anniversary, we

are committed to take a major leap forward. Towards this end, we are constantly endeavoring to

achieve its mission as the company that provides “Life’s Ingredients”.

Samyang transformed into a holding company structure in 2011 to boost its shareholder value and

to further improve the management accountability system for each of its business areas. We will

strengthen our market leadership in the three key areas of chemicals, foodstuff and pharma-

ceuticals through strategic selection and by innovative differentiation. We will also actively explore

new business areas to build future growth engines.

By 2015, we aim to achieve our target of over 10% annual growth rate by sustainable increase in our

key businesses and acquisition of cutting-edge growth platforms. Also by then we should complete

our evolution into a global innovative R&D company.

In order to achieve our vision, we will strengthen the infrastructure needed as global corporation

and increase our emphasis on R&D. We will also do our utmost to achieve our 2015 Vision and

become the company that gives dreams and hopes to its employees; competitive products and

services to its customers; and maximized shareholder value to its investors.

We pledge to become a global company that provides value to our customers and shareholders

through endless change and innovation. I thank you for your continued support and encouragement.

Yoon Kim

Chairman & CEO

Vision

4

5

2015 Samyang Vision

Global business partner that creates customer value.

Build global manufacturing bases centered on high

value-added materials.

No.1 Food & Service Innovator.

Health & Wellness, expand in food service and

overseas plantation.

Innovative Specialty Pharma Company.

Expand into adjacent wound care products,

R&D dedicated to Oncology products.

Build platforms in new business areas for future growth.

“Green” materials and environment technology,

Food resource development.

Chemicals

Pharmaceuticals

New

Business

Foodstuffs

All Samyang strategies and policies are directed at realizing the corporate

vision: We serve ingredients that add value to life. The mainstay growth engines

for Samyang are grouped as chemicals, foods, pharmaceuticals and new busi-

nesses. The core competencies of R&D and technology expertise are being

leveraged to diversify, upgrade and globalize these key growth areas.

At the same time, the corporate culture continues to advance. A customer-

centered approach is being applied to earn trust. Samyang is also recruiting

and training talented people, who are evaluated fairly and compensated

according to performance results.

The spirit of challenge and innovation is a platform for constant improve-

ment. Samyang continues to grow as a rewarding place to work and to develop

the best products and services to satisfy customers. At the same time, the

Group is now going global to provide shareholders with ever better returns on

investment.

Value

6

Samyang employees respect one another, operate with trans-

parency and contribute to local communities, earning the trust of

customers and the general public.

Trust

Confident, proud and enterprising, Samyang people are willing to

embark on challenging new businesses with the determination to

succeed.

Challenge

Productive critical thinking and constant improvement activities

allow Samyang to secure the product and service competitiveness

to lead markets.

Innovation

Competitiveness starts with people, and Samyang is constantly

recruiting and training top talent. Employees are encouraged to

develop themselves constantly and grow with the company.

Talent

Recognize our customers as key to our business growth, Samyang

provides differentiated values, delivering highest standard of

customer satisfaction.

Customer oriented

Samyang employees give their best to achieve corporate objectives,

In return, the Samyang provides fair appraisal and competitive

compensation to its employees accordingly.

Performance driven

7

History

Founded under the name Samsu Company,

established Jangseong Farm.

1920sOct. 1924

Company renamed Samyang Corporation.

1930sApr. 1931

Yang Young Hoe, Korea’s first private

scholarship foundation founded

(renamed Yang Young Foundation in 2003).

South Manchurian Spinning Company, the

first foreign production subsidiary by

a Korean company, established.

Jun. 1939

Sun hill Glucose acquired

(renamed Samyang Genex in 1995).

1980sDec. 1984

PET bottle business begun

(with completion of Daejeon plant).

Samnam Petrochemical established.

Jan. 1988

Shinhan Flour Mills acquired

(renamed Samyang Milmax in 2004).

Apr. 1988

Samyang Kasei established.

Mar. 1989

8

Food business begun (with completion of

Ulsan sugar refining plant).

1950sDec.1955

‘Samyang Sugar’ put on market.

Jan. 1956

Sudang Scholarship Foundation established

(renamed Sudang Foundation in 2003).

1960sOct. 1968

Chemical fiber business begun

(with completion of Jeonju polyester fiber

plant).

Dec.1969

Feed business begun (with completion of

Mokpo feed plant).

1970sDec.1975

Corporate Headquarters Bldg. completed

in Yeonji-dong, Seoul.

Apr. 1976

Ion exchange resin business begun.

Dec. 1976

Icheon Heavy Machinery acquired

(renamed Samyang Entech in 2009).

Aug. 1977

Samyang R&D Center opened.

Apr. 1979

Huvis Corp. established in a merger.

2000sNov. 2000

Family food brand ‘Q.one’ developed.

Jan. 2002

Samyang Research Corp. established in USA.

May 2002

Samyang Engineering Plastics (Shanghai)

established in China.

May 2004

Heinz Korea (processed edible oils)

acquired (renamed Samyang Welfood).

Aug. 2004

New CI launched.

Oct. 2004

Korea Financial Management Grand Prize

received.

Sept. 2005

ADMS Technology acquired

(renamed Samyang EMS).

Nov. 2005

Samyang Genex Food (Qinhuangdao)

established in China.

Dec. 2005

Sevensprings acquired.

Jun. 2006

Samyang F&D (Food&Dining) established.

Jul. 2006

Samyang Innochem Corporation established.

Oct. 2009

Samyang EP Hungary established in Hungary.

Feb. 2010

Transformed holding company structure.

Samyang Holdings Corp.

Samyang Corp.

Samyang Biopharmaceuticals Corp.

Aug. 2011

Rewarding Workplace Grand Prize received

(from Korea Employers Federation).

1990sFeb. 1992

Samyang Group R&D Center opened.

Aug. 1993

Samyang Data Systems established.

Apr. 1995

PET bottle recycling business begun

(with completion of Sihwa plant).

Nov. 1995

Pharmaceutical business begun

(with completion of Daedeok KGMP

pharmaceutical plant).

Dec. 1996

9

Business Categories

10

Chemicals

Foodstuffs

Pharma-ceuticals

RelatedBusiness

SamyangCorporation

Engineeringplastics

TPA

Poly-carbonate

Engineeringplastics

Photoresist

Sugar Flour Baking &Batter mixes

Food for bodyweight control

Margarine &Shortening

StarchCorn

sweeteners

FlourBaking &

Batter mixes

Margarine &shortening

Vegetableoils

SevenspringsFamily

restaurant

SamyangF&D

SamyangGenex Food

(Qinhuangdao)

Corn sweeteners

Patches

Anti-cancersdrugs

Informationtechnology

Machinery Environment

Trading

Medicaldevices

Anti-cancersdrugs

PolyolsFunctional

foodingredients

Olive oil &Grape

seed oil

Vegetableoils

High intensitysweetener

Bakeryingredients

Industrialfiber

PET bottlesPET bottlerecycling

Ion exchangeresins

SamnamPetro-

chemical

SamyangKasei

SamyangEngineering

Plastics(Shanghai)

SamyangEMS

BPA(Bisphenol A)

SamyangInnochem

EngineeringPlastics

Samyang EPHungary

SamyangCorporation

SamyangGenex

SamyangMilmax

SamyangWelfood

SamyangBiopharma-

ceuticals

SamyangGenexbio

SamyangHoldings

SamyangData

Systems

SamyangEntech

Bakery Cafe

Chemicals

11

Samyang makes essential materials for a broad range of industrial

sectors, including electric and electronic material, automobiles,

textiles, environmental engineering, foods and agriculture.

Samyang’s chemical operations are developing special purpose

products and alternative materials to ensure that life in the future to

be convenient and plentiful. Areas of endeavor include engineering

plastics, industrial fibers, PET bottles, PET bottle recycling, ion

exchange resins, TPA, and electronic materials.

Engineering Plastics Do you know that plastics are used

to make parts for automobiles, high-tech electronic

products and precision machinery? The main product

line of the Samyang Corporation’s Chemical Division is

engineering plastics, which outperform ordinary plastics

and which are being used in an increasing range of ap-

plications.

Engineering Plastics can be stronger than metal and

as clear as glass; the possibilities for the engineering

plastics produced by Samyang Corporation are endless.

Their superior transparency, durability and mechanical

properties are being put to use in an ever-expanding

range of applications, from electric and electronic

products, automotive parts and machinery parts to

advanced optics.

Samyang Corporation is applying proprietary polymer

and chemical technologies to produce polycarbonate

(PC), polybutylene terephthalate (PBT), polyethylene

terephthalate (PET) compounds as well as the more

recently developed thermoplastic elastomer (TPE).

Ongoing research is conducted to develop a wide var-

iety of grades and optimal product designs to suit in-

dividual customer requirements. The company is also

committed to constantly upgrading the quality of prod-

ucts and services.

Polycarbonate, with its excellent transparency, heat

resistance and mechanical properties, can be used in a

wide range of applications that include electric and

electronic product parts as well as supplies for the

medical industry. Samyang Corporation sells about

60,000 tons of PC each year, produced by Samyang Kasei.

It is recognized world wide for its excellent quality and

technological sophistication.

Polybutylene terephthalate boasts outstanding heat

resistance, chemical resistance, and mechanical

properties. PBT crystallizes rapidly and offers superb

moldability, making it well suited for use in parts for

electric and electronic products and automobiles.

Samyang Corporation produces 5,000 tons of PBT a year

in diverse grades, depending on added properties such

as impact reinforcement, flame retardance and strength

reinforcement. This diverse product lineup has been cer-

tified by UL, AMECA, TUV and other leading agencies,

which proves our world-class technology.

In addition to researching, developing and producing

engineering plastics, Samyang provides technology

training on the subject. The in-house Plastics Academy is

designed to enhance understanding of the related tech-

nologies and develop proficiencies to accommodate

customer requirements. Customers may also attend this

training to obtain all the product information that they

need.

From the long-term perspective, engineering plastics

will remain a core material for automobiles, electric and

electronic products and information devices. With an eye

on the Chinese compound market, the company will

provide solutions through partnerships. The business

structure is being enhanced for greater added value and

profitability; the product line continues to be upgraded

and the production capacity of China operations is stead-

ily expanding. The goal is to grow as a maker of world-

class specialty materials.

Samyang Engineering Plastics (Shanghai) was estab-

lished in 2004 and has an annual capacity to produce

14,000 tons of PC and PBT compound for sale locally.

The engineering plastics produced here offer the

necessary heat resistance, wear resistance, and flame

retardance to make electric and electronic, automotive

and office machine parts. Samyang Engineering Plastics

(Shanghai) is helping to take Korean technologies into the

global marketplace, and the output capacity will be

expanded as Chinese demand grows. At the same time,

Samyang Corporation Foundation for Industrial

Expansion, Power for Industrial Development

12

strategic relationships with domestic Korean operations

are helping to turn Samyang into a global corporation

that maintains close affiliations with local customers.

Samyang Industrial Fiber The term [fiber] is normally

associated with garments, but industrial fiber has

more broadened end applications than just fiber for

garments. Samyang Corporation has been pioneering

the industrial fiber business from its earlier stage and

kept leading new application development by de-

livering broad and customized product portfolio and

expertise in world market.

High tenacity yarn, Triron, is one of the most im-

portant products in Samyang’s industrial fiber portfolio.

It is used where greater strength is needed than apparel

fiber can provide; major applications include coated fab-

rics and yarns, narrow fabrics, rope, seatbelts, convey-

orbelts, off shore mooring and civil engineering fabrics.

The main grade for Samyang Corporation is low

shrinkage yarns against heat setting, while the portfolio

includes twisted and untwisted yarns in sizes ranging

from 100 to 80,000 denier. The company boasts the

highest quality high tenacity yarn made in Korea.

The growth potential for Spunbond (nonwoven fabric

made from Polyproplyene Resin) is enormous as new

uses continue to be developed. Spunbond has out-

standing touch and hydrophilic, making the fabric

well suited for disposable diapers and anti-static

gowns. The excellent thermal insulation and elasticity

are why spunbond is now a popular material for mattress

and cushion covers.

In agriculture and landscaping, spunbond can be used

to eliminate weeds or prepare rice seedbeds, as the

fabric expels dampness and retains heat.

Using high tenacity yarn as the base material,

Samyang Corporation has developed new reinforce-

ment material for civil engineering applications. Sold

under the brand Trigrid , this geotextile boasts excel-

lent utility, stability, economy, and creep strength,

making it well suited for diverse construction site

applications. Trigrid was the first product in the In-

dustrial Fiber category to receive the R-Mark for

reliability from the Korean Ministry of Commerce,

Industry & Energy. It has also passed the Geosynthetic

Institutes Product Certification Program (GCI-PCP) in

the US. Trigrid is used in reinforced earth retaining

walls, slope reinforcement, paved road reinforcement,

and soft ground reinforcement. The product is now found

at numerous construction sites inside and outside

Korea.

Monofilament is one of the many industrial fibers

that are used in applications found in everyday life.

This filament yarn features individual strands 0.1mm or

larger in diameter, and it is used in zippers, dryer canvas,

and industrial-use filters. Samyang Corporation supplies

monofilament in diameters ranging from 0.2mm to

1.2mm to accommodate diverse customer requirements.

The monofilament grade for dryer canvas requires a

particularly high technology and quality, and Samyang

has developed its own version of this value added

product.

13

PET Bottles Another mainstay product line of the

Samyang Corporation Chemical Division is PET bottles,

which are increasingly used to replace glass bottles,

aluminum cans and various other types of plastic

containers. As such, demand for PET bottles continues to

grow with each passing year. The company entered the

PET bottle business in 1986 and now produces various

types on 12 automated production lines, located in

Daejeon and Pyeongchang. The PET containers made by

the company are very stable, gas tight, transparent and

lightweight, making them popular in the domestic and

Japanese markets.

Samyang Corporation continues to develop new

designs, technologies and materials to satisfy diverse

customer needs. The various PET bottles now available

include a heat resistant type for fruit juice and fruit

drinks, a specially constructed pressure-resistant type

for carbonated beverages, and a normal pressure type

for water and distilled liquor. The company is also ex-

panding into the non-beverage container segment and

employing a differentiation strategy to increase the

product portfolio. These efforts are generating new

revenue and keeping Samyang Corporation at the top

of Korea’s PET container business.

PET Bottle Recycling As a PET bottle producer, Samyang

Corporation has been well aware of the environmental

problems associated with waste PET bottles. There-

fore, the company established Korea’s first PET bottle

recycling center at the Shiwha Plant, capable of pro-

cessing 12,000 tons (250 million PET bottles) of material

a year. State-of-the-art recycling technology is also being

applied to lower the impurity content and produce

recycled PET with excellent physical properties. The high

quality of this material is recognized globally.

Samyang Corporation remains Korea’s only company

to not only produce and distribute PET bottles but also to

complete the lifecycle by recycling the waste products.

Moreover, students, housewives and members of local

government organizations are invited to tour the

PET bottle recycling facility and come to realize the

importance of environmental preservation. Samyang

Corporation’s efforts to solve the environmental problem

posed by waste PET bottles and to take the lead in

Korea’s PET bottle recycling area have earned the com-

pany the Choson Ilbo Environmental Grand Prize and

the Seoul Municipal Government Environmental Award.

Ion Exchange Resins Samyang Corporation began

producing Korea's first ion exchange resins in 1977. The

company is applying its extensive production technology

base to develop specialty resins and functional materials.

It has also acquired design technology for ion exchange

facilities and is now designing production equipment, as

well as providing process engineering support and

technical consulting services.

Ion exchange resin was limited to desalination in

primary water treatment processes. More recently, how-

ever, their functions have been expanded to separation,

purification, bleaching and catalysts in such diverse

industries as foods, pharmaceuticals, specialty chem-

icals, semiconductors, and nuclear power.

Samyang Ion Exchange Resin newly launched its own

brand, TRILITE in 2006 due to the growing demands for

overseas sales and is gaining grounds by being exported

to many countries. Also, it is making every effort to satisfy

customer needs through ongoing research and a full

range of customer support services. In March of 2000, it

obtained ISO9001 and ISO14001 certifications, and has

continued to enhance the quality of its products and

services.

14

Samnam Petrochemical produces Terephthalic Acid

(TPA) from the feedstock paraxylene and received an

award from the government for exporting US$1 billion

worth of product in 2005. The company’s plant at Yeosu

has an annual output capacity of 1.7 million tons, making

it the world’s largest single TPA production facility. There

are two kinds of the products which are Purified Ter-

ephthalic Acid (PTA) and Qualified Terephthalic Acid

(QTA). Importantly, QTA is high quality and highly price

competitive. Customers can improve there own price

competitiveness as a result, thereby raising corporate

value.

TPA is used as the main base material for polyester

fiber, resin, film, paints and engineering plastics.

Boasting excellent heat resistance, wear resistance,

and insulation properties, applications are also

expanding into various types of bottles,electric/electron-

ic product parts, industrial materials, construction ma-

terials, and machinery parts. Strict and thorough quality

control ensures that Samnam Petrochemical consist-

ently delivers high quality TPA. An automated system first

analyzes the product as it is being made at the plant.

Then, the product is subjected to a rigorous quality

assurance before it can be shipped to customers. A Total

Productive Maintenance program is in place that makes

product quality, environmental protection and worker

safety the top priority.

Samnam Petrochemical has received the Company

Award for TPM Excellence and the Facility Maintenance

Best Practice Award and has been certified for ISO9000,

ISO14001, OHSAS18001 and PSM/SMS. All employees

participate in TPM activities to improve overall oper-

ational efficiency, lower production costs, and protect

workers and the environment, thereby raising competi-

tiveness and satisfying the demands of customers and

the local community. An independently managed en-

vironmental protection system has been adopted to

confirm that Samnam Petrochemical is living up to re-

sponsibilities, and the company strictly adheres to en-

vironment-friendly operational guidelines.

In 1999, Samnam Petrochemical joined the Korea Re-

sponsible Care Council (KRCC) as part of a commitment

to fulfill social obligations. The company is also active in

the local community. Employees are mobilized to clean

up local rivers, mountains and coastlines regularly, and

they donate money to a scholarship fund for middle and

high school students. The company and its employees

also contributed funds to build a children’s environmen-

tal library in the Yeosu area. Samnam Petrochemical is

expanding outside Korea and now exports half of its total

output to China. Tech-nology exchanges are also being

carried out with plants operating in Japan, Indonesia and

India to bolster technical competencies.

Samyang EMS is a comprehensive high technology

company that produces and supplies high quality

materials for the digital era. Samyang EMS has exten-

sive experiences of material design and manufacturing

for thin film transistor liquid crystal display (TFT-LCD),

organic light emitting diodes (OLED) and touch screen

panel (TSP). Samyang EMS has high technology in

polymer chemistry, molecular synthesis, coating,

formulation, purification and design of photo-technol-

ogy based materials. Samyang EMS has accumulated

technology in advanced electronic materials with its

experienced members, and based on these technol-

ogies, the company develops and provides advanced

materials such as column spacer, overcoat, black matrix,

organic insulator and active materials for TFT-LCD, OLED

and Flexible Display to meet its customer’s needs.

Samnam Petrochemical

TPA Specialist with 1.8M-ton Annual Capacity

15

Samyang EMS

A Leader in the Field of Electronic Materials

Samyang Kasei was the first company in Korea to pro-

duce polycarbonate. The plant at Jeonju, Korea is capable

of turning out 120,000 tons of PC a year in over 150

different grades to meet diverse customer needs.

Polycarbonate, which is transparent, resists heat and

has excellent mechanical properties, is one of the five

most used engineering plastics. This new material is now

important in the medical, electronics and automotive

industries. A light transmittance of over 90% makes PC

a popular choice for protective covers over lights. PC

withstands impacts ten times better than regular PET

and is fifteen times stronger than nylon.

Polycarbonate is frequently used to make the

casings, wiring boards and illumination devices found in

computers, flat-screen TVs, VCRs and other electric /

electronic products as well as panels, bumpers, head-

lamp lenses and heater fans for automobiles. PC

applications are also expanding into precision parts for

cameras and watches, windows, baby bottles, helmets,

goggles, stationery items and other daily life items. The

CD and DVD discs that people enjoy when relaxing at

home are also made of polycarbonate.

The Samyang Kasei plant is equipped to produce

multiple grades of PC in small lots in order to respond to

specific customer requirements. Stability is very impor-

tant during manufacture, and production processes are

monitored constantly, enabling the company to respond

immediately to any emergency. After production, the

PC must pass strict quality control before packing and

shipment.

Increasing global demand for automobiles is steadily

driving demand for polycarbonate as well. Samyang

Kasei is emerging as a top player in the PC segment by

investing heavily to develop new grades and maintain

thorough quality assurance.

Samyang Innochem, established by a joint venture be-

tween Samyang holdings and Mitsubishi Corporation in

2009, has been producing 150,000 tons of BPA(Bisphenol

A) annually since 2012.

Samyang Innochem’s key product, BPA, has been

used as the main component for PC (polycarbonate) and

epoxy resin. PC, which uses BPA as the main material, is

normally used for the electronic gadgets, OA products,

automobiles, machine parts and light fixtures and for

the food equipment, it is used in the air-tight containers.

Also, epoxy resin is used for the internal coating to pre-

vent the corrosion of metals, the parts for electronics, the

construction materials and adhesives.

BPA has been used for PC and epoxy resin, which are

closely related to the industry and living and, it has been

advancing with a steep growth curve in the world market.

In line with this, Samyang Innochem offers the

competitiveness in the pricing for the customers and

also for the improved quality of BPA, it is producing the

quality products through 24-hour monitoring for the

processing, from the input stage of raw materials to the

consignment. Samyang is also providing only the

products tested by the strict quality control and de-

tailed analysis to the customers.

By producing BPA of world-class quality, Samyang

Innochem is not only providing greater satisfaction and

service to the customers but also growing as the world’s

first-rate global company which gets the recognition in

the domestic market as well as the overseas market

such as China, U.S and Europe.

Samyang Kasei

The total Polycarbonate Solution

Samyang Innochem

The start of BPA(Bisphenol A) production

16

Foodstuffs

17

Samyang aims to make your daily food more special, tasty, and

nutritious by offering various food ingredients such as sugar, flour,

baking mixes, vegetable oils, margarine, shortening, and other food

materials. Through a creative and customer-oriented mind, we

deliver the highest level of satisfaction to our customers.

Samyang’s mission is to provide our customers with the better

tasting, improved dietary life, and youthful exuberance.

‘Samyang’ represents high quality sugar in Korea.

Samyang Corporation has been a leading sugar refiner in

Korea over a long period of time and today, it is still

cultivating our food business into a promising future

industry under the brand Q.one, Samyang’s family brand

for food.

Samyang’s Foods Business Unit offers various new

lifestyle options to our customers. Samyang remains

close to customers with our essential food products:

cooking essentials such as sugar, flour, baking mixes,

vegetable oils and highly intensive sweeteners.

It is generally believed that innovation is almost

impossible in food ingredient categories but Samyang’s

creative leadership enabled to launch differentiated

products such as an easy-to-use Zipper-lock bag and

color-designed packages for fancy sugar.

Samyang has introduced premium flour product line

which now covers both the home-use and commercial

markets. As the original brand of homemade products,

Q1 Homemade Mix has strengthen its position in South

Korea as “Homemade Category Leader”, introducing

market-leading products containing Cookies, Cakes,

Muffin, Seafood Pancake, Ice Creams, Brownie baked in

microwave oven and Korean Pancake Mix series, such as

Black Rice & Honey Pancake Mix and Sweet Pumpkin

Pancake Mix.

And, the new category products, Cereals and 1 Week

Program of Beauty & Diet category, are also well-re-

ceived by consumers with its differentiated quality and

service.

Q.one vegetable oil products are also very well

recognized for their high quality in Korea. We, Samyang,

use the freshest and nutrition-rich ingredients to make

Q.one soybean cooking oil and Q.one corn oil from 100%

corn germ. Clean and light flavors are loved nationwide.

In partnership with Carapelli, one of Italy’s premiere

brands with a history of over 110 years, Samyang intro-

duces Carapelli olive oil and grape seed oil, which are

manufactured with the selective ingredients under a

very strict quality control system.

Q.one margarine and shortening are trans fat free,

and offer a wide variety of selection from general types

to high valued products such as natural butter or fresh

cream. Q.one cooking syrup, corn syrup, and oligosac-

charides syrup are widely used substitute sweetener for

cooking various meat and vegetable dishes. Splenda

Sucralose and Sunett Acesulfame-K are zero calorie

sweeteners of very high quality that can be used in a wide

variety of foods.

Samyang provides highly quality-controlled bakery

solution including chocolate, yeast, mayonnaise, and

other ingredients to bakeries. In partnership with

Fonterra, an internationally recognized New Zealand

dairy company, Samyang offers fresh dairy products

such as cream cheese and natural butter to satisfy

customers’ need. Through importing Italy’s no.1 tomato

sauce producer Mutti’s products and other western food

produce, Samyang diversifies its categories in food

supply business.

Samyang Corporation Keeping You Young and

Energetic 365 Days a Year

18

Q.one is the brand of food category in Samyang for people

who value healthy and enjoyable life. Its brand name

means quality number one, and the shape and color of

the symbol are designed from a red apple, suggesting a

new food culture and expressing a freshness and

dynamism.

Q.one: Young lifestyle brand for healthy and enjoyable life

Samyang Genex, was established in 1964 and has stead-

ily expanded its portfolio of essential materials and

ingredients for the food, paper, pharmaceuticals, fiber,

and cosmetics industries. The company was the first

Korea starch maker to operate Food & Bio Research

Center, which is dedicated to the development of vari-

ous new products and high quality. Facility certifications

include BGMP, ISO9001, ISO14001 and ISO22000.

Samyang Genex starches are made with the most

advanced technologies and know-how in Korea and

boast outstanding quality. The product portfolio includes

modified starches for pastries, bread and processed

foods as well as modified starches for industrial ap-

plications such as paper, fiber, construction and

cosmetics. The company also makes the corn starch

byproducts gluten meal, gluten feed and corn germ.

Corn sweeteners are essential, special-purpose

ingredients for the processed food industry. Samyang

Genex is leading this market segment with top quality

crystalline dextrose anhydrous, liquid dextrose,

maltodextrin and poly-dextrose.

Samyang Genex also makes sorbitol, maltitol, and

polyglycitol syrup, which are low-calorie polyol sub-

stitutes that do not cause tooth decay. Sorbitol is used in

toothpaste and other oral hygiene products as well as

gum and pre-made foods, while maltitol is an ingredient

found in sugarless candy and low-calorie processed

foods. Both sweeteners are popular with people looking

for healthier choices in the foods they consume.

Fructo-oligosaccharides are made from sugar and

can then be further processed into such variations as

galacto-oligosaccharides, isomalto-oligosaccharides,

and malto-oligosaccharides. These substances are

gaining popularity in the industry because when they

are consumed, the undigested portion serves as food

for propagating Bifidobacteria and other bacteria

species that promote intestinal health.

Samyang Genex’ food ingredients and additives

are widely recognized for quality. The company is

importing its products from Roquette(France); ADM(US);

Hayasibara, Meiji Confectionery and Toyo Sugar Refining

Co. (Japan); BASF (Germany) and Thermphos (UK), con-

tributing to food product upgrades worldwide.

The wonderful of baking bread in the home and piping hot

bread and cookies straight from the oven is some of life’s

special pleasures. Now, Korean home-makers are

getting the job more quickly and easily with nutritious

baking products from Samyang Milmax.

Superior quality consistency makes Q.one brand flour

and baking mixes the preferred choice among home and

industrial bakers of breads and pastries. Samyang

Milmax operates fully-automatic production system and

applies state-of-the-art flour milling technologies to

provide a variety that can satisfy every need. Flour

products fortified with vitamin B and folic acid-nutrients

that can be easily degraded during processes especially

are good for expecting mothers and growing children.

Besides the usual bread flour, all-purpose flour and

cake flour, Samyang Milmax makes various noodle flours

that appeal to Asian consumers.

The Q.one brand includes over 50 different baking

and batter mixes, optimally formulated for easy prepa-

ration. Thus, consumers have a full range of choices to

suit individual preferences and tastes. Muffin mixes,

bread mixes and cake mixes enable even the novice

baker to produce wonderful results in the kitchen.

Samyang Genex

Tasty Science, Delicious Technologies

19

Samyang Milmax

A Rich Landscape of Baking Possibilities

Samyang Welfood makes vegetable oils for the consumer

market as well as oils and other ingredients for the food

processing industry. The company’s products can be

found in the cakes that delight children, the chocolates

couples exchange to express their affection and the deli-

cious puddings and pies that top off a wonderful meal.

The professionals in the food processing industry are

well acquainted with the high-quality, special-purpose

items from Samyang Welfood. Especially, Samyang’s I.E

(Interesterification) equipment has made it possible to

produce margarine and shortening trans fat free.

The product selection does not stop with margarine,

shortening, vegetable oil, processed butter, European-

style chocolate, yeast, canned foods, mayonnaise and

other ingredients for bread and pastries. The company

also processes high quality cream for the food industry

and continues to develop new kinds of natural ingredients

that enhance the special functions of bread and pastries.

Sevensprings is a salad and grill restaurant designed for

comfort and leisure enjoyment. A key feature is the buffet

salad bar with over seventy different fresh and low-

calorie foods to choose from. The name was inspired by

the Greek term heptapagon(“Seven Springs”) to express

seven goods: dedication, sharing, abundance, health-

fulness, happiness, life and love. In this spirit, the

restaurant emphasizes freshness and healthy lifestyles

for today's family.

The“open kitchen” allows customers to directly

observe the chefs at work, and the services are second

to none. Sevensprings already operates in about 19

locations around the coun-

try, and the network will be

expanded to over fifty loca-

tions by 2015, in order to

reach an ever wider cus-

tomer base.

The Mix & Bake Bakery Cafe paved the way for Samyang

to enter the restaurant business, and now Samyang per-

sues the leader of the quick and casual Bakery Cafe

segment. Mix & Bake Bakery Cafe targets people who

want to have unique and simple menu items include

cakes, sandwiches, breads, salads, beverages and such

quality deli items as Pasta and Pizza, Rice.

In addition, the Mix & Bake Bakery Cafe serves as

the central kitchen of Mix & Bake while supporting

Samyang’s bakery vendor business. Samyang Food &

Dining will grow steadily by pursuing a distinctive

brand strategy to expand the menu and target cus-

tomers, develop new business models, and develop

the franchise business.

Samyang Welfood

For Rich Tastes and Healthy Diets

20

Sevensprings

Family Restaurant for the Health-conscious

Samyang F&D (Food & Dining)

Bakery Cafes for Modern Lifestyle

Pharmaceuticals

21

Samyang has been using its proprietary know how in drug delivery

and novel biopolymers to establish itself as a world class supplier of

innovative pharmaceutical products. To support own research and

developments activities and to remain in the forefront of drug

delivery research Samyang has established a wordwide network of

partnerships, collaborative researchers and joint ventures with

parties who are on cutting edge of science of drug development.

22

Samyang Corporation split off its pharmaceuticals and

medical devices business into a separate entity on

November 1, 2011 and newly established Samyang Bio-

pharmaceuticals Corporation ("Samyang Biopharm").

Samyang Biopharm is dedicated to the development and

commercialization of novel formulation of drugs that are

therapeutically more effective, have low side effects and

promote improved compliance by patients. The novel

drug delivery system based products and biopolymers

devices developed and commercialized by Samyang

Biopharm cover broad range of indications such as

cancer, arthritis pain relief, nicotine addiction treatment

and wound closure. To maintain its leadership in drug

delivery related research Samyang Biopharm has taken-

up to build an ultra-modern fully integrated new R&D

center in close vicinity to Seoul When completed in 2014,

the new R&D center will further reinforce Samyang

Biopharm’s ability to provide effective, safe and con-

venient new drugs to patients.

Patches The advent of transdermal drug delivery

patches is dispelling the notion that treating ailments

necessarily involves the taking of oral drugs. Skin

patches offer many benefits as well. For example, the

rate of drug release and skin permeation can be

controlled to maintain prolonged efficacy. Samyang

Biopharm is now breaking new ground in the Korean

pharmaceutical market by developing various trans-

dermal patch products for helping people to quit smok-

ing, relieving arthritis pain, treating menopause syn-

drome, and preventing angina attack and controlling

cancer related pain.

Nicostop , the first nicotine patch introduced in

Korea, is designed to curb the symptoms of nicotine with-

drawal such as anxiety, poor concentration, nervous-

ness, and headaches. It helps smokers to phase them-

selves out of the nicotine habit naturally. Nicostop

represents some of Samyang Biopharm’s most advanced

technologies. The patch is very thin, feels comfortable on

the skin and is highly effective. This product is recom-

mended by the Korea Association of Smoking & Health,

and its effectiveness is endorsed by the many users who

have successfully quit smoking.

Rheumastop is a special patch for alleviating pain

and inflammation caused by arthritis,

sprains and other joint ailments.

The Rheumastop patch is applied

directly on the affected joint, allowing

the active ingredient diclofenac diethyl

ammonium to penetrate deeply and

be delivered to the snynovial fluid.

The swelling and pain are thus greatly

reduced. Diclofenac is the most fre-

quently prescribed medicine for arth-

ritic pain world-wide, and now patients do not have to

endure the inconvenience and side effects associated

with oral preparations. The patch is also effective for

relieving tendon sheath inflammation, muscle aches, and

many other maladies. Rheumastop patches wear very

well even on body parts that bend and do not interfere

with skin respiration. Therefore, Rheumastop is suitable

for extended application to inflamed joints.

Angiderm is a patch that is worn to help prevent

angina pectoris, chest pain that occurs when the heart

muscle does not receive sufficient blood. A matrix struc-

ture is used to make the patch transparent as well as both

thinner and smaller than other transdermal products.

Adhesion to the skin is excellent, so the patch will stay on

even while the patient is showering or swimming. There

are virtually no side effects such as skin rash. All these

advantages are making Angiderm an attractive new

alternative for treating angina pectoris.

Samyang Biopharmaceuticals Corporation

Samyang Biopharm,

Korea’s Transdermal Market Pioneer

23

Genexol Injection Paclitaxel is an antimicrotubule agent

that promotes the assembly of microtubules from tubulin

dimers and stabilizes microtubules by preventing

depolymerization. This stability results in the inhibition of

the normal dynamic reorganization of the microtubule

network that is essential for vital interphase and mi-

totic cellular functions. In addition, paclitaxel induces

abnormal arrays or bundles of microtubules throughout

the cell cycle and multiple asters of microtubules during

mitosis. These properties make paclitaxel a promising

anti-cancer compound. Genexol Injection is efficacious

against many cancers and has worked particularly well in

fighting ovarian cancer, breast cancer, Kaposi’s sarcoma,

non-small lung cell cancer (NSCLC) and gastric cancer.

Genexol is steadily gaining global recognition, and its

market size and export volume continue to grow.

Genexol PM Injection is the second generation

paclitaxel formulation adopting Samyang Biopharm's

patented drug delivery technology. Samyang has

substituted solubilizing agent used in conventional

paclitaxel formulation with bio-compatible polymer to

maximize the anti-cancer efficacy of the drug. Genexol

PM was successfully commercialized in Korea and is

being developed for the global market.

Medical Devices Pharmaceutical Division of Samyang

Biopharm has constantly applied proprietary technol-

ogies to expand into medical devices for the long-term

strategic purposes. Noteworthy items include bio-

absorbable surgical sutures, partially absorbable meshes

for repairing hernia, and barrier membranes for regen-

erating periodontal tissue after dental surgery. These

materials are fully or partially absorbed into the human

body within a preset period following the surgical pro-

cedure, eliminating the need for physical removal by

the doctor or dentist. The multifilaments suture bulk

materials, Trisorb and Neosorb , as well as the finished

suture product, Surgisorb , have been specially formu-

lated to minimize the risk of infection during their ab-

sorption by the human body. As such they satisfy both

USP and EP requirements. Surgisorb , which is produced

and sold according to ISO9001 / ISO13485 Certified

Quality System, received US FDA 510K approval in 1999,

followed by European CE Mark for quality in 2002.

Samyang Biopharm has also developed the monofila-

ments suture bulk materials, Monosorb and Monofast ,

which represent the next-generation in bioabsorbable

sutures. Samyang Biopharm success in the medical device

area does not stop with surgical sutures. Proflex , a

partially absorbable mesh for hernia repairs, has been

recently developed by Samyang Biopharm's state-of-the-

art technology. It can be more lightweight, flexible than

other existing products after absorption, and furthermore

reduce patient discomfort more effectively. The company

has also developed BioMesh , a bioabsorbable dental

implant for periodental procedures. The BioMesh is free

from plasticizers and therefore poses little risk of in-

flammation in the patient. The product has proven to be

very effective in periodontal tissue regeneration.

Samyang Genexbio is the first company in the world to

commercialize ‘Plant Cell Culture’ technology to mass

produce paclitaxel; the leading anti-cancer drug in the

world. Plant Cell Culture technology assure stable and

high quality supply of paclitaxel which has thus far been

exclusively produced by harvesting huge number of yew

trees. Paclitaxel occupies 30% of the world market for

cancer-fighting drugs. The substance is already widely

used in the US and Europe and demand continues to rise.

Samyang Genexbio is investing aggressively in its

Genexol business to grow as a biotech specialist that

promotes human health and wellbeing world-wide.

24

Samyang Genexbio Genexol , Outgrowth from

Samyang Genex’ Plant Cell Cultivation Technology

25

26

Related Business

Samyang businesses are not limited to chemicals, foodstuffs

and pharmaceuticals. The Group is involved in a wide range of

other industries, too, environmental technology, trade, information

and communications, and machinery. This diverse portfolio is

improving customers’ lives in many ways and bringing people

closer together.

27

28

Customers with the highest quality and optimal pricing

conditions in the areas of foods(sugar, dextrose, corn

starch, sugar preparation and baking mix), chemi-

cals(TPA, QTA, PET chips, PET flakes), Polyester staple

fiber and Regenerated fiber.

Integrating years of accumulated know-how,

specialized marketing capabilities and market intelli-

gence from our overseas network, we are developing

new markets and product lines continuously.

Samyang Data Systems offers total IT services with the

sufficient experiences and the latest best-of-breed IT

solutions throughout various industries in the Korean

market.

The 14-year-old IT service provider has been

constantly improving its business competencies in

order to hold its strong position in the harsh and fast

changing business environment.

The company mainly offers System Integration (SI)

IT Outsourcing(ITO), e-HR(HR Solution), Mobile & Smart

Phone(FMC), Tandberg & Polycom (Unified Communi-

cations and Video Conferencing), Citrix NetScaler & A10

(Network Integration), Fluke-AirMagnet (Wireless

Intrusion Protection System), Siemens-Enterasys (Wire-

less and Wired Network Solution), and EC-Council’s

Security Certifications and training services, including

certifications such as CEH (Certified Ethical Hacker),

CHFI (Computer Hacking Forensic Investigator), and 15

more IT and Security related certifications.

With those services and solutions, it has been able to

build the close and firm relationship with its customers

on the basis of trust and belief as associated with its

honorable partners world-wide.

In the midst of moving fast towards the next

generation of Information Technology, Samyang Data

Systems consolidates all services and solutions in IT

services, UC & Video Conferencing, Network Integra-

tion, and Security in order to provide more value added

services for its customers.

Furthermore, it promises to satisfy various cus-

tomers' needs by developing its core competencies in all

components including human resources, technologies,

and also know-how learned from real life experiences.

Samyang Holdings Corporation

Trading - Import / Export Services Via an

Overseas Network

Samyang Data Systems Inc.

Total Provider of Value Added IT Services and

Competitive Solutions in the Ubiquitous era

,

In 2005, Samyang Entech reorganized its casting

business as CASCO, a joint venture with LS Cable and

Doosan Engine that supplies production machinery

parts, presses and industrial machinery to customers

world-wide.

In addition, it’s Environment Division offers a full suite

of services related to water treatment and purification,

from feasibility studies to system design, installation, test

operation and technology consultation.

The company is satisfying papermaking company

needs by developing mechanical functions that take into

account various factors and conditions that determine

finished quality on paper and tissue production lines.

Particularly, Samyang Entech is building up good

reputation with Tissue production lines in China Market.

Samyang Entech is top quality industrial machinery

serves the chemical, fiber, food and steelmaking sectors,

and transportation machine.

The company has the superior technology and know-

how to provide machines for any type of chemical

processing, and its satisfied customers include

petrochemical makers as well as oil refiners.

Furthermore, the company produces Drum Dryer,

parts of Pump and Transportation Machine such as

travelling equipment and winding device for cus-

tomer all over the world.

Moreover, Samyang possesses many patents to

diverse technologies for treating sewage and wastewater

as well as for reusing water resources as industrial or

municipal water.

Samyang builds specialized wastewater treatment

systems that apply biological, physical and advanced

treatment systems.

In addition, the company is taking part in a project

that uses desalination systems to turn seawater and

saline groundwater into potable water.

Samyang Entech invests heavily into R&D and makes

quality the top priority for every item it makes, no matter

how small. As a result, the company has been certified

by ISO9001, SELO, the ASME "U" Stamp, paving the way

for exports to enthusiastic buyers in the US, Japan,

South-east Asia and Europe.

Samyang Entech Total Solution for the Paper,

Chemical, Fiber machinery and Environment

29

30

Samyang operates R&D centers, staffed by dedicated researchers who often work days and nights to

secure patents and publish technical papers. All these efforts are aimed at making life better. The Group

has also established a scholarship foundation to give hope to deserving students, while environmental

protection activities and cultural events are organized to promote caring in the world. Unsparing

investments in training employees and cultivating future executives allow both customers and employees

to enjoy a better future.

31

Research & Development

32

R&D Center Pharmaceuticals research is largely

devoted to improving the effectiveness of drug

delivery systems (DDS).

Success has already been met in the area of

analgesic transdermal patch for cancer patients,

antiemetic transdermal patch, anti-inflammation

transdermal patch, patches for smoking cessa-

tion, and anti-rheumatoid arthritis transdermal

patch, and recently orally disintegrating tablets,

bioavailability enhanced tablets, and colon tar-

geting tablets are under development to im-

prove patient’s convenience and therapeutic

effectiveness.

Genexol PM , an anti-cancer compound that

greatly reduces the side-effects of previous

anti-cancer compounds, was developed by the

Samyang pharmaceutical R&D, and now various

soluble technique for insoluble drugs is being

exported to pharmaceutical companies overseas.

Samyang has become the first to put this novel

drug delivery system to animal testing as it does

everything possible to assure the safe application

of its technology.

From early on, Samyang has invested heav-

ily into R&D and many successes have been

achieved in the medical device area as well as

in pharmaceuticals. Absorbable surgical sutures

such as Trisorb , Surgisorb , and Monosorb

have been developed using the latest in high-tech

bio absorbable polymers. It has also developed

and marketed BioMesh for periodontal tissue

regeneration and Proflex for hernia treatment.

Samyang continues to develop medical devices

that provide added value and special functions

such as antibacterial surgical sutures, alternative

wound closure products and absorbable stent.

Advanced Polymeric Materials R&D Center New

materials are being developed through research

on the synthesis and processing of the engin-

eering plastics such as polycarbonate (PC),

polybutylene terephthalate (PBT), polyethylene

terephthalate (PET) and thermoplastic polyester

elastomer (TPEE). The Center has also developed

sophisticated engineering plastics with en-

hanced impact resistance, heat resistance,

flame retardance and UV resistance. These

materials are already being used in parts for

automotive, electronic, and opto-electronic

applications.

Samyang has acquired General Motors global

material certification of TRIREX , TRILOY and

TRIEL for automobile application. Recently

Samyang developed TRIBIND (m-PET) for

printer toner resin and Si-PC resin with high

impact property and flame retardancy. Samyang

will continue to research and develop high-tech

materials to lead the advanced polymeric ma-

terials industry.

Industrial Materials R&D Center The Industrial

Materials R&D Center is leading the development

of high-tech industrial materials by developing

geosynthetic products and high performance

polyester fibers.

Samyang has developed and commercialized

TRIGRID EX, a type of construction reinforce-

ment material used for segmental retaining

Samyang Biopharmaceuticals

Samyang Corporation

33

walls, embankments and base reinforcement.

The quality of high performance polyester fibers,

which are used for tarpaulin, seat belts and mechanical

rubber goods, has continuously been improved. Samyang

will persevere at developing the highest technology and

products in the field of industrial materials for application

in various areas.

Samyang Group Food R&D Center has been performing

researches on ingredients and applications of our

Group’s sugar, powder (starch, flour), and oil.

The Solution Center develops food ingredients such

as starch, corn sweetener, oligosaccharides, flour,

pre-mixed flour, and processed fat products. The Center

supports B2B unit in our Group by providing tailored

products for our customers from cookies, breads, bev-

erages, donuts, and catering businesses.

Recently, the Center focuses on expertise in offering

specialty products to our customers; for example, low-

calorie sweeteners, whole-wheat flour, pre-mixed flour,

batter mixes, specialty oil products for industry, and fat

substitutes.

In the research division of consumer market prod-

ucts, the Food R&D Center has developed the original

homemade brand Q.one products that lead the current

domestic market.

The products range from the familiar items such as

Q.one Korean pancake mix, cookie mix, and muffin mix

to the dessert items such as microwavable brownie mix

and ice cream mix. In 2012, the R&D Center is ex-

panding its research areas to the new types of home-

made products as well as BD (Beauty & Diet) Lab,

convenient products, and health functional foods. Our

goal is to develop products for the consumers’ health

and convenience in lives.

In addition, the Food R&D Center has been working

on the long-term research projects to provide the

platform of our Group as the innovative global R&D

company. The projects include the development of

functional food materials and bio-based chemical

materials.

R&D Center Biotechnology R&D Center is working on

the development of active pharmaceutical ingredients

(API) and useful nutraceutical ingredients based on the

technology of plant cell culture, microbial fermentation,

and extraction / purification of natural products.

Following the commercialization of Genexol , the

first anti-cancer product by plant cell culture in the

world, we are expanding R&D pipelines of anticancer

therapeutics by organic synthesis of small molecule

chemicals. Technical supports in the process devel-

opment and optimization speed up the launch of our

products in the market. The achievement of CEP cer-

tificate of our Paclitaxel in 2011 provided us a good

platform for active global marketing.

Samyang Genexbio

Samyang Group Food R&D Center

Research & Development

34

35

Scholarship Programs

Education

37

Korea’s first private-sector scholarship foundation was established by Samyang Founder Kim Yeon-su(pen name

Sudang). In 1939, he set up the Yang Young Hoe (subsequently renamed the Yang Young Foundation) to help cultivate

human talent in line with his stated philosophy of “earn money honestly and use it properly for the intellectual

advancement of all Koreans.” Thus, from very early on, Samyang has supported education, one of the very finest ways

to return part of corporate profits to society.

In 1968, Samyang executives decided to also establish the Sudang Foundation, expanding the scholarship pro-

grams provided by Samyang. Through changing times, Samyang has consistently provided scholarship programs,

recognizing that the best ways to advance the nation were to support research needed by society and support the

education of talented people. Besides student scholarships, the Yang Young and Sudang Foundations provide

financial support for research conducted by to 20-30 university professors and other professionals each year. They

also support the operation of educational institutions and academic organizations. Such broad support is helping

to keep scholarship alive and well in Korea.

Yang Young Foundation Yang Young foundation provides scholarships to 70-80 students each year. Originally, the

goal of the foundation was to cultivate talent in the national sciences, which would play a pivotal role in national

industrial development. The nation’s best scientific minds were given funds to conduct research, helping to put Korea

on the scientific map.

In 1962, the eligibility for student aid was expanded beyond the natural sciences to include the humanities. At the

same time, funding was provided to professors to assist in their research and the publishing of their research papers.

Finally, the financial assistance recipients were expanded to include organizations that promote social projects and

academic research.

Sudang Foundation The top management at Samyang Group established Sudang foundation. Initially, the goal was

to support the education of Samyang employees’children, but over time the scope of the scholarship program was

expanded nationwide. Unlike the Yang Young Foundation, the scholarships offered by the Sudang Foundation are mainly

for middle and high school children as well as university students. The Foundation also provides research grants to

professors in the natural sciences and helps educational institutions.

Moreover, the Sudang Prize was instituted to carry on the spirit of national service and human resources

development that characterizes the philosophy of Samyang Founder / Chairman Kim Yeon-su. The Prizes are

presented to individuals who have made exemplary contributions in basic sciences, applied sciences and humanties &

social sciences categories.

Samyang believes that the development of national culture and the arts is highly depended on the degree of

corporate interest. For this reason, Samyang has long been generous in supporting the preservation of traditional

Korean culture and offering financial assistance to artists. These efforts have contributed to a more beautiful world.

Samyang has been a leader in promoting balanced development of sports, medicine, academics and culture.

The Group established a women’s cycling team in 1986, when cycling was not well known in Korea. Over the next

two decades, Samyang has continued stimulate interest in the sport, and the team has produced many of Korea’s

best women cyclists, who continue to set new national records.

Samyang’s interest in society extends to the cultivation of human talent. The Group provides various kinds of

support to universities such as cancer research funds, academic infor-

mation center, and university development funds, ultimately contributing

to national economic progress and public health promotion.

Academic and Cultural Projects

Public Activities

38

Corporate involvement in environmental issues in the 21st century has long been the subject of debate. Samyang

understands the urgency for restoring damaged environmental areas and protecting the environment that all peo-

ple are entitled to enjoy. With this conviction, the Group has organized annual essay and painting events with an

environmental theme since 1996. The scale of and public interest in these events has grown over time, and now they

have become models for others to emulate. Moreover, the employees at every worksite across Korea periodically

volunteer to clean up a local mountain and river.

Samyang is also educating the public on the value of farming communities and is cooperating with them to pro-

mote a balanced development between the companies and the farmers. Each worksite forms ‘sisterhood’ with one

farming community in the vicinity and helps to protect the environment there. Employees lend a hand during the

planting and harvesting seasons and various exchanges (community service, cultural programs) are conducted.

Samyang has opened the Dongdaemun branch of the ‘Beautiful Store’ in Seoul. This establishment sells second-

hand donated by the corporate community and the public, to include clothes, shoes, handbags, books, CDs,

kitchenware, accessories, baby items and leisure goods. The proceeds to into a fund used to support various char-

ity programs. In addition, Samyang is conducting a Groupwide collection drive for goods and funds, while employees

and their family members volunteer to help out at the store. Such efforts are helping to provide hope to the socially

disadvantaged.

Social Contributions

Samyang’s philosophy dictates that “cultivating professional talent is just as

important as recruiting good talent.” All companies need excellent human

resources, yet some do not exert much effort in human resources development.

However samyang has a state-of-the-art HRD system that is preparing young

executives to become future leaders. The Group offers unsparing support in various employee self-development

programs to create a rewarding workplace and an ideal environment for the company and it’s individual employees.

At Samyang, they believe that employees should offer more than intelligence and job skills. With team spirit and high

work ethics, they believe that true “human talent” is to be socio-conscious and community wise.

With these kinds of ethics, Samyang has placed importance on cultivating human talent. From the moment new

recruits join the company, they are provided with systematic training, such as Basic Training Courses, On-The-Job

training, and mentoring from their superiors. These kinds of special programs help hone the professional skills

required by each individual and help them quickly learn how to work within the organization.

Early on, exceptionally talented employees are selected for the Future Leader program. With educational

opportunities such as enrollment in MBA courses inside and outside Korea, attendance in various job positions and

challenging assignments, Samyang will be able to cultivate future senior executive.

Meanwhile, the Job Specialist track is available for selected individuals who need specialized long-term career

development. They have opportunities to attend graduate school courses in Korea as well as specialist training

programs inside and outside of the company. Moreover, participants receive the support they need to obtain various

license certifications.

Samyang also has a program that trains global specialists. Those who are usually involved in overseas business

will be trained in foreign languages and dispatched overseas to gain experience on site. New recruits are also able

to participate in an overseas training programs, such as visits to local companies, seminars, and cross-cultural

experiences. Such training will able Samyang to gain global competitiveness.

In step with the times, Samyang is continuously developing employees online training courses. This able

participants to listen to lectures whenever and wherever they want by their choice of audio or video media.

Samyang employees are able to decide a career path that best fits their individual talent and vision. With sys-

tematic training programs, each and every employee will be able to maximize their potential and elevate their

competitiveness. Especially those who perform their best and show their greatest abilities will be enrolled in a

special program for future executives.

Human Resources Development System

People & Culture

39

40

Global Network

Samyang Holdings Corporation

Head Office263 Yeonji-dong, Jongno-gu, Seoul, KoreaTel : (82-2)740-7111 Fax : 743-7112http://www.samyang.com

Tokyo BranchThe Hibiya Marine Bldg. 8th FL. 1-5-1,Yurakucho, Chiyoda-ku, Tokyo 100-0006, Japan Tel : (81-3)3501-2371 Fax : 3501-0220

Shanghai OfficeRoom 1504, Metro Plaza, No.555Loushanguan Road, Shanghai, ChinaTel : (86-21)6082-5018 Fax : 6082-5019

Samyang Corporation

Head Office263 Yeonji-dong, Jongno-gu, Seoul, KoreaTel : (82-2)740-7114 Fax : 743-7140http://www.samyangcorp.com

New York Office405 Lexington Ave., 33th Floor (the Chrysler Bldg.) New York, N.Y. 10174, U.S.A. Tel : (1-212)972-0011 Fax : 972-0016

Jeonju Plant (Industrial Fibers)407 Palbok-dong 3-ga, Dukjin-gu, Jeonju, Korea Tel : (82-63)210-6614 Fax : 210-6622

Jeonju Engineering Plastic Plant407 Palbok-dong 3-ga, Dukjin-gu, Jeonju, KoreaTel : (82-63)210-6664 Fax : 210-6677

Ulsan Plant (Sugar, Ion Exchange Resin)360 Maeam-dong, Nam-gu, Ulsan, KoreaTel : (82-52)279-4500 Fax : 279-4505

Daejeon Plant (PET Bottles)78-3 Munpyeong-dong, Daedeok-gu, Daejeon, Korea Tel : (82-42)605-3114 Fax : 931-1248

Pyeongchang Plant (PET Bottles)San 139-1 Jinjo-ri, Bongpyeong-myeon,Pyeongchang, Korea Tel : (82-33)333-8444 Fax : 333-8443

Shiwha Plant (PET Bottle Recycling)1697-6 Jeongwang-dong, Shiheung, Korea Tel : (82-31)497-0277 Fax : 497-0279

Advanced Materials R&D Center63-2 Hwaam-dong, Yuseong-gu, Daejeon, 305-717 KoreaTel : (82-42)865-8114 Fax : 865-8499

Industrial Materials R&D Center63-2 Hwaam-dong, Yuseong-gu, Daejeon, 305-717 KoreaTel : (82-42)865-8114 Fax : 865-8499

Samyang Biopharmaceuticals Corporation

Head Office263 Yeonji-dong, Jongno-gu, Seoul, Korea Tel : (82-2)740-7116 Fax : 743-6626 http://www.samyangbiopharm.co.kr

Daedeok Pharmaceuticals Plant(Patches, Medical Divices)48-4 Munpyeong-dong, Daedeok-gu, Daejeon, KoreaTel : (82-42)930-3114 Fax : 931-6439

R&D Center63-2 Hwaam-dong, Yuseong-gu, Daejeon, 305-717 KoreaTel : (82-42)930-3114 Fax : 865-8499

Samyang Genex Corporation

Head Office263 Yeonji-dong, Jongno-gu, Seoul, Korea Tel : (82-2)740-7115 Fax : 740-7987 http://www.genex.co.kr

Incheon Plant 285 Kajwa-dong, Seo-gu, Incheon, Korea Tel : (82-32)570-8114 Fax : 570-8299

Ulsan Plant360-25 Maeam-dong, Nam-gu, Ulsan, Korea Tel : (82-52)278-2500 Fax : 278-2509

Beijing Office #A-1609, Di san zhi ye, Shu guang xi li jia 1#,chaoyang District, Beijing, China Tel : (86-10)5822-1583 Fax : 5822-1579

Samnam Petrochemical Co., Ltd.

Head Office263 Yeonji-dong, Jongno-gu, Seoul, Korea Tel : (82-2)740-7450 Fax : 745-4225 http://www.samnam.co.kr

Yeosu Plant (TPA)1155 Jeongnyang-dong, Yeosu, KoreaTel : (82-61)688-8114 Fax : 688-8008

Samyang Kasei Co., Ltd.

Head Office263 Yeonji-dong, Jongno-gu, Seoul, Korea Tel : (82-2)741-5011 Fax : 740-7039http://www.samyangkasei.com

Jeonju Plant (Polycarbonate)409 Palbok-dong 3-ga, Deokjin-gu, Jeonju, Korea Tel : (82-63)210-1114 Fax : 211-1240

Samyang Entech Co., Ltd.134 Sosabon-dong, Sosa-gu, Bucheon, Korea Tel : (82-32)340-8114 Fax : 340-8256 http://www.samyangentech.com

Samyang Milmax Corporation

Head Office263 Yeonji-dong, Jongno-gu, Seoul, KoreaTel : (82-2)740-7664 Fax : 740-7390http://www.milmax.co.kr

Asan Plant (Flour, Baking Mix)107 Changyong-ri, Youngin-myeon, Asan, KoreaTel : (82-41)539-7700 Fax : 541-6821

Samyang Data Systems, Inc. 263 Yeonji-dong, Jongno-gu, Seoul, Korea Tel : (82-2)740-7411 Fax : 740-7098 http://www.syds.com

Samyang Welfood Corporation62-3 Shinheong-dong, 3-ga, Jung-gu, Incheon, KoreaTel : (82-32)880-8114 Fax : 880-8269http://www.welfood.com

Samyang EMS Co., Ltd.459-3 Sindae-ri, Seo-myeon, Yeongi-gun,Chungcheongnam-do, KoreaTel : (82-41)589-5999 Fax : 868-2100http://www.samyangems.com

Sevensprings Co., Ltd.Wooshin Bldg, 395-91, 3F, Seogyo-dong, Mapo-gu, Seoul, KoreaTel : (82-2)323-1301 Fax : 323-6634http://www.sevensprings.co.kr

Samyang F&D, Inc.Wooshin Bldg, 395-91, 3F, Seogyo-dong, Mapo-gu, Seoul, KoreaTel : (82-2)425-4081 Fax : 425-4086http://www.samyangfnd.co.kr

Samyang Innochem Corporation500-1, Osickdo-Dong, Gunsan-City, Jeollabuk-Do, KoreaTel : (82-63)440-7114 Fax : 464-1509http://www.samyanginnochem.com

Samyang Genexbio Corporation

Head Office263 Yeonji-dong, Jongno-gu, Seoul, KoreaTel : (82-2)740-7115 Fax : 740-7987http://www.genex.co.kr

Daejeon Plant (Anti-cancer compound)1688-4 Shinil-dong, Daedeok-gu, Daejeon, KoreaTel : (82-42)930-9300 Fax : 934-1403http://www.genexol.com

R&D Center63-2 Hwaam-dong, Yuseong-gu, Daejeon, 305-717 KoreaTel : (82-42)865-8114 Fax : 865-8319

Samyang Group Food R&D Center285, Gajwa-dong, Seo-gu, IncheonTel : (82-32)570-8210 Fax : 570-8255

Samyang Engineering Plastics (Shanghai) Co., Ltd.131, Shuangying-lu. Qingpu Gongyeyuan-qu,Qingpu-qu, Shanghai, P.R. ChinaTel : (86-21)6922-2086 Fax : 6922-2271

Samyang Engineering Plastics (Hungary)Co., Ltd.H-5100 Jaszbereny, Necso Telep 1, HungaryTel : (36-21)311-1259 Fax : 311-1252

Samyang Genex Food(Qinhuangdao)Co., Ltd.Zhejiang nan Road 5, Economic & Technical Development Eastern Zone, Qinhuangdao, China Tel : (86-335)535-1000 Fax : 535-1070

Samyang Research Corporation405 Lexington Ave., 35th Floor (the Chrysler Bldg.) New York, N.Y. 10174, U.S.A. Tel : (1-212)972-0011 Fax : 972-0016

AffiliatesHuvis Corp.151-7 Samseong-dong, Gangnam-gu, Seoul, KoreaTel : (82-2)2189-4567 Fax : 2189-4569

Jeonbuk Bank, Ltd.669-2 Geumam-dong, Deokgin-gu, Jeonju, KoreaTel : (82-63)250-7114 Fax : 250-7161

Akina, Inc.Business & Technology Center, 1291 Cumberland Avenue, E-130, West Lafayette, IN 47906-1385, U.S.A. Tel : (1-765)464-0390 Fax : 464-0820

Domestic and Overseas Offices and Plants

41

42

Good products and services make good customers, who in turn are the impetus for developing an even better

selection. The basic competencies from the know-how and tradition built up over eight decades will be the

springboard for Samyang to continue advancing into promising new businesses for the future. The Group is

committed to being the kind of enterprise that is applauded by the public and that is respected by customers.

The presence of loyal customers allows Samyang to continue to present hope and promise and to keep striving

to realize its vision. Samyang will remain close to the customer and help to create a more abundant life for all.

As long as customers are there to appreciate the never-ending stream of new offerings, Samyang will be

around.

Epilogue

www.samyang.com