Hyundai Worldwide Global Navigation
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure Title : Decision on Acquisition of Shares or Investment Certificate of Other Corporation
1.Details of Issuing Company
-Name of Company : To be decided
-Nationality : United States of America
-Representative : To be decided
-Total Number of Shares Issued : 4,000,000
-Main Business : Development and sales of autonomous driving technology
2.Details of Acquisition
-Number of Shares to be Acquired : 1,040,001
-Acquisition Amount : KRW 1,238,745,000,000
-Equity Capital : KRW 73,896,010,000,000
-Ratio to Equity Capital : 1.68%
3.Number of Shares Held and Shareholding Ratio after Acquisition
-Number of Shares Held : 1,040,001
-Shareholding Ratio : 26%
4.Acquisition Method : Cash acquisition along with providing service and patent license,
5.Purpose of Acquisition : Expanding mobility service business through establishment of JV related to autonomous driving technology
6.Scheduled Acquisition Date : To be decided
7.Date of Board Resolution (Decision Date) : 2019-09-23
-Attendance of Independent Directors : 6 (present) / 0 (absent)