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The Convening Notice of 50th Annual General Meeting
The Annual General Meeting of Shareholders of Hyundai Motor Company (the “Company”) will be held pursuant to Article 365 of the Korean Commercial Code and Article 14 of the Articles of Incorporation of the Company.
1. Date : March 16, 2018 (Friday) 09:00 AM
2. Place : Grand Hall, 2nd Floor West Building, Head office of Hyundai Motor Company
12 Heolleung-ro, Seocho-gu, Seoul, Korea (T : 82-2-3464-1114)
3. Purposes of the Meeting
<Issues to report> Independent Auditor’s Report, Annual Report, Corporate Governance and Communication Committee Report
<Agenda> Item 1 : Approval of financial statements for the 50th Fiscal Year
(1/1/2017 ~ 12/31/2017)
Item 2 : Appointment of director(s)
Item 3 : Appointment of member(s) of Audit Committee
Item 4 : Approval of director’s compensation cap
4. Matters regarding the Exercise of Voting Rights
<What to bring to the shareholders’ meeting>
- In-person : An invitation to the AGM and an identification
- Proxy : An invitation to the AGM, 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.
5. Other matters
For the 50th fiscal year, the Company expects to pay year-end cash dividend of KRW 3,000 for per share of common stock. (Series 1 Preferred Stock: KRW 3,050; Series 2 Preferred Stock: KRW 3,100; Series 3 Preferred Stock: KRW 3,050)
In accordance with Article 542 Section 4 of Korean Commercial Code, the reference for our business overview and agendas of AGM are located at the head office of the company, the Korea Stock Exchange and the office of Hanabank agency services for securities.
Hyundai Motor Company
Representative Director, Won Hee Lee
(Seal omitted)
Item 2: Appointment of Director(s)
Item 2-1 : Appointment of Internal Director
*Nominee (1 person)
Name | Date of birth | Major Career | Transaction with the Company | Relationship with Major Shareholder |
Recommended by | ||||
Ha, Eon Tae | October, 1962 | · President of HMC Ulsan Plant (current) · Vice President of HMC Ulsan Plant (former) | None | Director at Affiliate |
Item 2-2 : Appointment of External Director (s)
*Nominees (2 persons)
Name | Date of birth | Major Career | Transaction with the Company | Relationship with Major Shareholder |
Recommended by | ||||
Lee, Dong Kyu | August, 1955 | · Adviser of Kim and Chang Law Group (current) · Secretary General of Korea Fair Trade Commission (former) | None | Director at Affiliate |
EDCRC2 | ||||
Lee, Byung Kook | February, 1957 | · Chairman of e-Chon Tax Accounting Corp. (current) · Commissioner of Seoul Regional Tax Office (former) | None | Director at Affiliate |
Item 3: Appointment of member(s) of Audit Committee
*Nominees (2 persons)
Name | Date of birth | Major Career | Transaction with the Company | Relationship with Major Shareholder |
Recommended by | ||||
Lee, Dong Kyu | August, 1955 | · Adviser of Kim and Chang Law Group (current) · Secretary General of Korea Fair Trade Commission (former) | None | Director at Affiliate |
BOD1 | ||||
Lee, Byung Kook | February, 1957 | · Chairman of e-Chon Tax Accounting Corp. (current) · Commissioner of Seoul Regional Tax Office (former) | None | Director at Affiliate |
1. Board of Directors
2. External Director Candidate Recommendation Committee
Item 4: Approval of Compensation Cap for Directors
Year | Number of BOD | Compensation Cap |
2018 | 9 persons | 15 billion Korean Won |