Samsung Shareholder Group Warns Union: Illegal Strike Will Face Legal Consequences; Opposes Unfair Bonus Agreement, Otherwise Will Sue Management

According to a Korean media report, a Samsung Electronics shareholder group has warned that if the union persists in an illegal strike that damages the company's core assets, the group will take strong legal action against all union members. The statement also says that even if a strike does not take place, if management enters into an unfair performance-based bonus agreement tied to operating profit in order to avoid short-term threats, the group will file a "derivative lawsuit" against management under the Commercial Act, accusing them of seriously infringing on shareholders' dividend rights. Furthermore, the statement adds that the group will immediately file an "unjust enrichment lawsuit" against the union to hold it fully legally accountable, as the union has obtained unfair benefits.