Notices View

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 :8,400

-Preferred Share :  8,500

4.Dividend rate at market value(%): 

-Common Share : 4.6

-Preferred Share : 7.7

5.Total annual dividend amount: KRW 2,212,882,000,000

6.Record date of dividend : February 29, 2024

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 25, 2024

-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

-2023 total dividend per share is KRW 11,400 (based on common share)

Quarterly dividend for Q2 : KRW 1,500

Quarterly dividend for Q3 : KRW 1,500 

Year-end dividend : KRW 8,400

-The dividend information above for preferred share is based on type 2 preferred share :                                     

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

-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.