Company Announcements

[English Translation]

The Convening Notice of 54^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 24, 2022 (Thursday) 09:00 AM

2.   Place :      Grand Hall, 2^nd 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, Internal Accounting Control System Management Report, Sustainability Management Committee Report

<Agenda>           1 : Approval of the Financial Statements for the 54^th Fiscal Year

(1/1/2021 ~ 12/31/2021)

                           2 : Appointment of Director(s)

2-1 : Appointment of Independent Directors

2-2 : Appointment of Internal Directors

                           3 : Appointment of Audit Committee Member(s)

                           4 : Approval of Ceiling Amount of Compensation for Directors

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.   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 14, 2022 to March 23, 2022

* 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.

6.   Notice regarding COVID-19

-     Following government policy, vaccine pass is necessary to enter the meeting. Please refer to COVID-19 guideline of the Republic of Korea and prepare a valid vaccination certificate in advance. To prevent from spreading of COVID-19, shareholders who have any symptom of COVID-19 such as fever and cough may be restricted from entering the meeting. Also, shareholders who do not wear face masks may be restricted from entering the meeting.

-  The above may change in accordance with COVID-19 guideline of the Republic of Korea  
  on the day of AGM.

7.   Other matters

In accordance with Article 542-4 of Korean Commercial Act, the reference for our business overview and agendas of AGM are located at the head office of the company, Financial Service Commission, Korea Exchange and the office of Hanabank agency services for securities.

March 8, 2022

Hyundai Motor Company

Representative Director, Jaehoon Chang

(Seal omitted)

Item 1:  Approval of the Financial Statements for the 54^th Fiscal Year

* Please refer to the financial statements for the 54^th fiscal year, including auditor's opinion from the designated independent auditor, which is planned to be disclosed on March 8^th, 2022.

Item 2:  Appointment of Director(s)

l Item 2-1 : Appointment of Independent Directors

*Nominee (3 persons)

l Item 2-2 : Appointment of Internal Directors

*Nominees (3 persons)

Item 3:  Appointment of Audit Committee Member(s)

*Nominees (2 persons)

1. External Director Candidate Recommendation Committee

2. Board of Directors

Item 4:  Approval of Ceiling Amount of Compensation for Directors