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Mid-Long term dividend policy

2017.01.25 No. 825
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange




Disclosure Title  :  Mid-Long term dividend policy


1.     Details of the policy
-          Return 30~50% of annual free cash flow to shareholders
-          Target global auto industry peers’ level of payout ratio
-          Explain rapid changes in dividend amount in the future

2.    Others:
-          The above is subect to change depending on future business environment.
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