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HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Title  :  Resolution of Year-end Dividend

1.Category : Year-end Dividend

2.Type : Cash Settlement

3.Dividend per share(KRW): 

-Common Share : 6,000

-Preferred Share : 6,100

4.Dividend rate at market value(%): 

-Common Share : 2.8

-Preferred Share : 3.8

5.Total annual dividend amount : KRW 1,566,391,000,000

6.Record date of dividend : February 28, 2025

7.Expected date of dividend payment :  -

8.Resolution of AGM : Yes

9.Expected date for the AGM : -

10.Resolution date of Board of Directors : January 23, 2025

-attendance of independent directors : 7

-attendance of auditors(non BOD member) : -

11.Others : 

-The above may be changed depending on the results of Annual General Meeting of Shareholders.

-2024 total dividend per share is KRW 12,000 (based on common share)

Total amount of quarterly dividend : KRW 6,000 (quarterly KRW 2,000)

Year-end dividend : KRW 6,000

-The “Dividend rate at market value” in #4 is calculated using the arithmetic average of the stock price over the past week, starting from the trading day immediately preceding the resolution date(January 23).

-The dividend information above for Preferred Share is based on Second Preferred Share :                                     

-The “Total annual dividend amount” in #5 is rounded up to KRW 1,000,000.

As of the disclosure date, Hyundai Motor Company is in process of repurchasing its treasury stocks, and the total dividend amount is based on the previously disclosed plan for the number of shares to be repurchased. The total dividend amount is subject to change depending on the final number of shares to be repurchased.
※ Relevant Disclosure : Resolution on Acquisition of Treasury Stock (November 27, 2024)

-Related to #7, #8 and #9, the “Expected date of AGM” is undecided and for the “Expected date of dividend payment”, payment will be made after & within 1 month of the resolution date of Annual General Meeting of Shareholders.

-Hyundai Motor Company’s audit committee members are all independent directors.

-Matter Related to Dividends on Difference Classes of Stocks