REG - Hyundai Motor Co - Result of the 56th Annual General Meeting

Hyundai Motor CoAnnouncement

21/03/2024 16:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240321:nRSU8508Ha&default-theme=true

RNS Number : 8508H  Hyundai Motor Company  21 March 2024

[English Translation]

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

 

Result of the 56(th) Annual General Meeting

 

1. Approval of the Financial Statements of the 56(th) Fiscal Year - Approved

 

Financial Statements - Approved

 (Unit: KRW 1 Million)  Consolidated                       Separate
 Auditor's              Unqualified                        Unqualified

 Opinion
 Asset                  282,463,355                        85,064,635
 Liability              180,653,915                        24,277,466
 Equity                 101,809,440                                      60,787,169
 Revenue                162,663,579                                      78,033,758
 Operating              15,126,901                                       6,670,971

 Income
 Net Income             12,272,301                                       7,343,003
 EPS (KRW)                            45,703               28,049

 

    Dividend - Approved

 (Unit : KRW)                                       Common Stock     2 Preferred Stock
 Cash Dividend          Year-end Dividend           8,400            8,500
                        Interim/Quarterly Dividend  3,000            3,000
 Total Dividend Amount                2,998,657,000,000

 

 

2. Appointment of Directors

 

Agenda 2-1 : Appointment of Independent Director (Approved)

 Name      Date of birth  Major Career                               Newly Elected/  Term

                                                                     Re-Elected
 Dal Hoon  June, 1959      Current                                   Re-Elected      3 Years

 Shim                     · Representative of Woorin Tax Partners

                           Former 

                          · Head of NTS Jungbu Regional Office

 

Agenda 2-2 : Appointment of Internal Directors (Approved)

 Name           Date of birth  Major Career                                                Newly Elected/  Term

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

 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   Current                                                    Re-Elected      3 Years

                               · 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   Current                                                    Newly Elected   2 Years

 Lee                           · Senior Vice President, Planning & Finance Division        * by-election

                               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

 

 

3. Appointment of Independent Director to be an Audit Committee Member -
Approved

 Name        Date of birth    Major Career                                      Newly Elected/  Term

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

                              · 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

 

4.  Appointment of Audit Committee Member - Approved

 Name      Date of birth  Major Career                               Newly Elected/  Term

                                                                     Re-Elected
 Dal Hoon  June, 1959      Current                                   Re-Elected      3 Years

 Shim                     · Representative of Woorin Tax Partners

                           Former 

                          · Head of NTS Jungbu Regional Office

 

5. Approval of Ceiling Amount of Compensation for Directors - Approved

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGPPUWPWUPCGQG