Notices View

The Convening Notice of 57^th General Shareholders Meeting

The General Shareholders Meeting (“GSM”) of Hyundai Motor Company (the “Company”) will be held pursuant to Article 365 of the Korean Commercial Act and Article 14 of the Articles of Incorporation of the Company.  

Date :      March 20, 2025 (Thursday) 09:00 AM

Place :     Grace Hall on the 6th Floor of EL-Tower, 213, Gangnam-daero, Seocho-gu, Seoul, Korea

Purposes of the Meeting

<Issues to report>

Independent Auditor’s Report, Annual Report, Internal Accounting Control System Management Report, Sustainability Management Committee Report

<Agenda>          

1 : Approval of the Financial Statements for the 57^th Fiscal Year (1/1/2024 ~ 12/31/2024)

2 : Partial Amendment of the Articles of Incorporation

                    2-1 : Addition of business purpose

                    2-2 : Improvement of quarterly dividend system

                    2-3 : Addenda

3 : Appointment of Director(s)

                    3-1 : Appointment of an Independent Director(s)

                            3-1-1 Appointment of Independent Director (Suyi Kim)

                            3-1-2 Appointment of Independent Director (Jim Myong Doh)

                            3-1-3 Appointment of Independent Director (Benjamin Tan)

                    3-2 : Appointment of Internal Director(s)

                            3-2-1 : Appointment of Internal Director (Euisun Chung)

                            3-2-2 : Appointment of Internal Director (Eunsook Jin)

4 : Appointment of Audit Committee Member(s)

                    4-1 : Appointment of Audit Committee Member (Suyi Kim)

                    4-2 : Appointment of Audit Committee Member (Jim Myong Doh)

5 : Approval of Ceiling Amount of Compensation for Directors

Matters regarding the Exercise of Voting Rights

<What to bring to the shareholders’ meeting>

In-person : An identification

Proxy : A power of attorney (with information of the relevant shareholder and the person with the power of attorney filled in, and duly executed and sealed), and an identification of the agent.

* Voting right can be exercised by the Company, in case shareholder would like to exercise it by proxy and send power of attorney which can be found on the Company’s website (www.hyundai.com) to the Company by mail. (address : 12 Heolleung-ro, Seocho-gu, Seoul, Korea (postal code : 06797), Securities Finance Team of the Company)

Matters regarding the Exercise of Voting Rights by Electronic Means

In accordance with Article 368-4 of Korean Commercial Act, the Company has determined to allow the exercise of shareholders’ voting rights by electronic means, and the overall management of electronic voting system will be consigned to Korea Securities Depository. Shareholders may exercise their voting rights through electronic means, without physical attendance, by referring to the following methods.

Electronic Voting Website : https://evote.ksd.or.kr / Mobile : https://evote.ksd.or.kr/m

Voting Period : 9am March 10, 2025 to 5pm March 19, 2025

* You may access the voting website for 24 hours a day during the voting period (from 9 AM for the first day to 5 PM for the last day)

If amendment motion on agenda presented at the GSM is submitted, electronic votes will automatically be abstained.

Notice regarding GSM online live streaming

For esteemed shareholders, we are providing online live streaming to pre-registered shareholders

To: Pre-registered shareholders (shareholders as of December 31^st 2024)

Pre-registration period: 9am March 10 2025 ~ 5pm March 19 2025

Pre-registration process: the information will be available through the link below https://www.hyundai.com/worldwide/en/company/ir/notices

Exercising voting rights: watching the online live streaming is not considered as participation in the GSM. Thus, shareholders must exercise voting rights through online voting or proxy voting.

Due to traffic issues, there is a possibility of limitations to live streaming.

February 24, 2025

Hyundai Motor Company

Representative Director, José Muñoz

(Seal omitted)

Item 1 : Approval of the Financial Statements for the 57^th Fiscal Year

* Please refer to the financial statements for the 57^th fiscal year, including auditor’s opinion from the designated independent auditor, which is planned to be disclosed on March 5^th, 2025 in KRX

Item 2 : Partial Amendment of the Articles of Incorporation

Item 2-1 : Addition of business purpose (Hydrogen-related projects)

Item 2-2 : Improvement of quarterly dividend (record date for quarterly dividends to be determined by the BoD)

Item 3 : Appointment of Director(s)

Item 3-1 : Appointment of Independent Directors

*Nominees (3 pax)

Item 3-2 : Appointment of Internal Directors

*Nominees (2 pax)

Item 4 : Appointment of Audit Committee Member(s)

*Nominees (2 pax)

Item 5 : Approval of Ceiling Amount of Compensation for Directors