REG - Hyundai Motor Co - Convening Notice of Annual General Meeting

Hyundai Motor CoAnnouncement

20/02/2024 07:00

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RNS Number : 6905D  Hyundai Motor Company  20 February 2024

[English Translation]

The Convening Notice of 56(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 21, 2024 (Thursday) 09:00 AM

 

2.   Place :      Grand Hall, 2(nd) Floor of 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

 

             Independent Auditor's Report,
Business Report, Operational Status of Internal Accounting Control System
Report, Sustainability Management Committee Report

 

 Agenda            1 : Approval of the Financial Statements
for the 56(th) Fiscal Year

(1/1/2023 ~ 12/31/2023)

                           2 : Appointment of
Director(s)

2-1 : Appointment of Independent Director

2-2 : Appointment of Internal Directors

                           3 : Appointment of
Independent Director to be an Audit Committee Member

                           4 : Appointment of Audit
Committee Member

                           5 : Approval of Ceiling
Amount of Compensation for Directors

 

4.   Matters regarding the Exercise of Voting Rights

 



-     In-person : An identification

-     Proxy : 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.

                   * Voting right can be exercised by the
Company, in case shareholder would like to exercise it by

                      proxy and send power of attorney
which can be found on the Company's website

                     (www.hyundai.com) to the Company by
mail.

                      (address : 12 Heolleung-ro,
Seocho-gu, Seoul, Korea (postal code : 06797),

                    Securities Finance Team of the Company)

 

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
(https://evote.ksd.or.kr) / Mobile : https://evote.ksd.or.kr/m
(https://evote.ksd.or.kr/m)

-     Voting Period : March 11, 2024 to March 20, 2024

* 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.

 

 

 

 

February 20, 2024

 

 

 

Hyundai Motor Company

Representative Director, Jaehoon Chang

(Seal omitted)

 

Item 1:  Approval of the Financial Statements for the 56(th) Fiscal Year

 

* Please refer to the financial statements for the 56(th) fiscal year,
including auditor's opinion from the designated independent auditor, which is
planned to be disclosed on March 6(th), 2024 in KRX and on March 8(th), 2024
on the Company's website.

 

 

Item 2:  Appointment of Director(s)

 

l Item 2-1 : Appointment of Independent Director

*Nominee (1 person)

 Name      Date of birth  Term     Newly Elected/  Major Career                               Other corporation as Directors (position)

                                   Re-Elected
 Dal Hoon  June, 1959     3 years  Re-Elected        Current                                  Samhwa Paint Industrial

 Shim                                              · Representative of Woorin Tax Partners    Co., Ltd.

                                                     Former 

                                                   · Head of NTS Jungbu Regional Office

 

l Item 2-2 : Appointment of Internal Directors

 

*Nominees (2 persons)

 Name           Date of birth  Term     Newly Elected/        Major Career

                                        Re-Elected
 Jaehoon        August, 1964   3 years  Re-Elected              Current 

 Chang                                                        · CEO & President of the Company

                                                                Former 

                                                              · CEO & President, Head of Genesis Division of the Company

                                                              · CEO & President, Head of Genesis Division and Commercial

                                                              Vehicle Business Division of the Company

                                                              · Executive Vice President/President, People & Business Operation

                                                              Support Division, Korea Business Division, and Genesis Division

                                                              of the Company
 Dong Seok Lee  January, 1964  3 years  Re-Elected              Current 

                                                              · CEO, President & CSO, Domestic Productions of the Company

                                                                Former 

                                                              · CEO, Executive Vice President & CSO, Domestic Productions of

                                                              the Company

                                                              · Executive Vice President, Production Support Division of

                                                              the Company
 Seung Jo       November,1969  2 years  Newly Elected          Current 

 Lee                                    * To fill a vacancy   · Senior Vice President, Planning & Finance Division of the Company

                                                                Former 

                                                              · Vice President, Finance & Accounting Sub-Division of the Company

                                                              · Vice President, Corporate Audit Team 2 of the Company

                                                              · Vice President, Financial Management Group of the Company

 

Item 3:  Appointment of Independent Director to be an Audit Committee Member

 

*Nominee (1 person)

 

 Name        Date of birth    Term     Newly Elected/  Major Career                                      Other corporation as Directors (position)

                                       Re-Elected
 Ji Yun Lee  September, 1974  3 years  Re-Elected        Current                                         -

                                                       · Professor of Aerospace Engineering at KAIST

                                                       · Director of the Korean Navigation Institute,

                                                       the Institute of Positioning, Navigation, and

                                                       Timing and the Korean Society for Aeronautical

                                                       and Space Sciences

                                                         Former 

                                                       · Director of American Society of Navigation

 

 

Item 4:  Appointment of Audit Committee Member

 

*Nominee (1 person)

 Name      Date of birth  Term     Newly Elected/  Independent Director                                  Major Career

                                   Re-Elected
 Dal Hoon  June, 1959     3 years  Re-Elected      Independent Director to be an Audit Committee Member   Current 

 Shim                                                                                                    · Representative of Woorin Tax Partners

                                                                                                           Former 

                                                                                                         · Head of NTS Jungbu Regional Office

 

 

 

Item 5:  Approval of Ceiling Amount of Compensation for Directors

 

 Year  Number of BOD  Ceiling Amount
 2024  12 persons     21.8 billion Korean Won

 

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