REG - Hyundai Motor Co - Resolution of Year-end dividend

Hyundai Motor CoAnnouncement

02/02/2023 07:01

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RNS Number : 6645O  Hyundai Motor Company  02 February 2023

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

 

 

Disclosure Title    :  Resolution of Year-end Dividend

 

1.    Category : Year-end Dividend

 

2.    Type : Cash Settlement

 

3.    Dividend per share(KRW):

- Common Share :  6,000

- Preferred Share :  6,100

 

4.    Dividend rate at market value(%):

- Common Share : 3.8

- Preferred Share : 7.6

 

5.    Total annual dividend amount: KRW 1,572,542,000,000

 

6.    Record date of dividend : December 31, 2022

 

7.    Expected date of dividend payment :  -

 

8.    Resolution of AGM : Yes

 

9.    Expected date for the AGM : -

 

10.  Resolution date of Board of Directors : January 26, 2023

- attendance of independent directors : 6

- attendance of auditors(non BOD member) : -

 

 

11.  Others :

- The above may be changed depending on the results of general meeting of
shareholders

- 2022 total dividend per share is KRW 7,000 (based on common share)

Interim dividend : KRW 1,000, Year-end dividend : KRW 6,000

- The dividend information above for preferred share is based on type 2
preferred share
:

                                Type 1 Preferred Share  Type 3 Preferred Share
 Dividend amount                6,050                   6,050
 Dividend rate at market value  7.6%                    7.8%

 

- The "Total annual dividend amount" in #5 is rounded up to KRW 1,000,000.

- Related to #7, #8 and #9, the "Expected date of AGM" is undecided and for
the "Expected date of dividend payment", payment will be made after &
within 1 month of the resolution date of general meeting of shareholders.

- Hyundai Motor Company's audit committee members are all independent
directors.

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