Result of the 56th Annual General Meeting

Hyundai Motor Company

21 March 2024

 

[English Translation]

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Result of the 56^th Annual General Meeting

1. Approval of the Financial Statements of the 56^th Fiscal Year - Approved

Financial Statements - Approved

(Unit: KRW 1 Million)	Consolidated	Separate
Auditor's Opinion	Unqualified	Unqualified
Asset	282,463,355	85,064,635
Liability	180,653,915	24,277,466
Equity	101,809,440	60,787,169
Revenue	162,663,579	78,033,758
Operating Income	15,126,901	6,670,971
Net Income	12,272,301	7,343,003
EPS (KRW)	45,703	28,049

    Dividend - Approved

(Unit : KRW)		Common Stock	2 Preferred Stock
Cash Dividend	Year-end Dividend	8,400	8,500
	Interim/Quarterly Dividend	3,000	3,000
Total Dividend Amount	2,998,657,000,000

2. Appointment of Directors

Agenda 2-1 : Appointment of Independent Director (Approved)

Name	Date of birth	Major Career	Newly Elected/ Re-Elected	Term
Dal Hoon Shim	June, 1959	[Current] · Representative of Woorin Tax Partners [Former] · Head of NTS Jungbu Regional Office	Re-Elected	3 Years

Agenda 2-2 : Appointment of Internal Directors (Approved)

Name	Date of birth	Major Career	Newly Elected/ Re-Elected	Term
Jaehoon Chang	August, 1964	[Current] · CEO & President of the Company [Former] · CEO & President, Head of Genesis Division of the Company · CEO & President, Head of Genesis Division and Commercial Vehicle Business Division of the Company · Executive Vice President/President, People & Business Operation Support Division, Korea Business Division, and Genesis Division of the Company	Re-Elected	3 Years
Dong Seok Lee	January, 1964	[Current] · CEO, President & CSO, Domestic Productions of the Company [Former] · CEO, Executive Vice President & CSO, Domestic Productions of the Company · Executive Vice President, Production Support Division of the Company	Re-Elected	3 Years
Seung Jo Lee	November,1969	[Current] · Senior Vice President, Planning & Finance Division of the Company [Former] · Vice President, Finance & Accounting Sub-Division of the Company · Vice President, Corporate Audit Team 2 of the Company · Vice President, Financial Management Group of the Company	Newly Elected * by-election	2 Years

3. Appointment of Independent Director to be an Audit Committee Member - Approved

Name	Date of birth	Major Career	Newly Elected/ Re-Elected	Term
Ji Yun Lee	September, 1974	[Current] · Professor of Aerospace Engineering at KAIST · Director of the Korean Navigation Institute, the Institute of Positioning, Navigation, and Timing and the Korean Society for Aeronautical and Space Sciences [Former] · Director of American Society of Navigation	Re-Elected	3 Years

4.  Appointment of Audit Committee Member - Approved

Name	Date of birth	Major Career	Newly Elected/ Re-Elected	Term
Dal Hoon Shim	June, 1959	[Current] · Representative of Woorin Tax Partners [Former] · Head of NTS Jungbu Regional Office	Re-Elected	3 Years

5. Approval of Ceiling Amount of Compensation for Directors - Approved

Year	Number of BOD	Ceiling Amount
2024	12 persons	21.8 billion Korean Won

 

END