Company Announcements

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)