Notices View

The Convening Notice of 56^th Annual General Meeting

The Annual General Meeting of Shareholders(“AGM”) 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. 

1. Date : March 21, 2024 (Thursday) 09:00 AM

1. Place : Grand Hall, 2^nd Floor of West Building, Head office of Hyundai Motor Company

              12 Heolleung-ro, Seocho-gu, Seoul, Korea (T : 82-2-3464-1114)

1. Purposes of the Meeting

<Issues to report>

Independent Auditor’s Report, Business Report, Operational Status of Internal Accounting Control System Report, Sustainability Management Committee Report

<Agenda>

1 : Approval of the Financial Statements for the 56^th Fiscal Year (1/1/2023 ~ 12/31/2023)

2 : Appointment of Director(s)

      2-1 : Appointment of Independent Director

      2-2 : Appointment of Internal Directors

3 : Appointment of Independent Director to be an Audit Committee Member

4 : Appointment of Audit Committee Member

5 : Approval of Ceiling Amount of Compensation for Directors

1. Matters regarding the Exercise of Voting Rights

<What to bring to the AGM>

• 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)

1. 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 : March 11, 2024 to March 20, 2024

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

• If amendment motion on agendas presented at the AGM is submitted, electronic votes will automatically be abstained.

February 20, 2024

Hyundai Motor Company

Representative Director, Jaehoon Chang

(Seal omitted)

Item 1:  Approval of the Financial Statements for the 56^th Fiscal Year

* Please refer to the financial statements for the 56^th fiscal year, including auditor’s opinion from the designated independent auditor, which is planned to be disclosed on March 6^th, 2024 in KRX and on March 8^th, 2024 on the Company’s website. 

Item 2:  Appointment of Director(s) 

• Item 2-1 : Appointment of Independent Director 

*Nominee (1 person)

• Item 2-2 : Appointment of Internal Directors

*Nominees (2 persons)

Item 3:  Appointment of Independent Director to be an Audit Committee Member 

*Nominee (1 person)

Item 4:  Appointment of Audit Committee Member 

*Nominee (1 person)

Item 5:  Approval of Ceiling Amount of Compensation for Directors