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Inverstors News

Work Stoppage

2016.11.30 No. 816

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange


Disclosure title         : Work Stoppage

1. Location of Work Stoppage :
- All
places of business including Ulsan Manufacturing Plants in Korea

2. Sales revenue of work stoppage business :
             a) Sales revenue of work stoppage impacted: KRW 44,439,694,000,000
             b) Total sales revenue of the company : KRW 91 ,958,736,000,000
c) Sales revenue portion of work stoppage impacted (c=a/b): 48.33%
      d) Applicability as a large-scale corporation: Yes

3. Areas of work stoppage: Manufacturing, maintenance and sales of cars

4. Reason of work stoppage : Partial stoppage related with metal union’s decision

5. Countermeasures of work stoppage: -

6. Effects of work stoppage : Disruption of production

7. Date (and period) of Work Stoppage :
4 hours from November 30, 2016 (1st Shift and 2nd Shift, 2hours each)

8. Expected date of operation resumption : -

9. Decision Date of Work Stoppage: November 30, 2016


10 . Others:
- The Sales revenue of work stoppage impacted in #2 is based on 2015 Total sales revenue (HMC Only) / Total sales revenue of the company is based on 2015 consolidated revenue.
- The date and period of work stoppage in #7 is only for determined schedule.
- The above contents may be subject to change depending on the Hyundai Motor Company’s internal situation.
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