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

Hyundai Motor CoAnnouncement

08/03/2022 08:30

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RNS Number : 0053E  Hyundai Motor Company  08 March 2022

[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

 

             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

 



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

 Name          Date of birth   Major Career                                       Transaction with the Company  Relationship with  Major Shareholders of the Company
               Recommended by
 Chi-Won Yoon  June, 1959      · Chairman of EQONEX (current)                     None                          Director at Affiliate

                               · Executive Vice Chairman of UBS                                                 (Independent Director)

                               Wealth Management (former)
               EDCRC(1)
 Sang Seung    November, 1963  · Co-chairman of Asia-Pacific                      None                          Director at Affiliate

 Yi                            Competition Community (APCC)                                                     (Independent Director)

                               (current)

                               · Dean of Economics in Seoul National

                               University (current)
               EDCRC(1)
 Eugene        May, 1968       · Director of Capital International                None                          Director at Affiliate

 M. Ohr                        Research Inc (former)                                                            (Independent Director)

                               · Partner of Capital International Inc (former)
               EDCRC(1)

 

 

 

l Item 2-2 : Appointment of Internal Directors

 

*Nominees (3 persons)

 Name          Date of birth   Major Career                                              Transaction with the Company              Relationship with Major Shareholders of the Company
               Recommended by
 Euisun Chung  October, 1970   · Executive Chair and President of                        ·Owns 5,598,478 of                        Director

                               the Company (current)                                     common shares and

                               · Executive Chair of Hyundai Motor                        298 of preferred shares

                               Group (current)                                           of the Company

                                                                                         ·Engaged in transactions

                                                                                          with affiliates

                                                                                          in connection with vehicle components
               BOD(2)
 Chung Kook    March, 1957     · President and Head of R&D Division at the Company       None                                      Director at Affiliate

 Park                          (current)

                               · President and Deputy Head of R&D

                               Division at the Company (former)
               BOD(2)
 Dong Seock    January, 1964   · Executive Vice President & CSO                          Owns 858 common shares of the Company     Director at Affiliate

 Lee                           (Chief Safety Officer) of Domestic

                               Productions at the Company (current)

                               · Executive Vice President of

                               Production Support Division at the Company (former)
               BOD(2)

 

 

Item 3:  Appointment of Audit Committee Member(s)

 

*Nominees (2 persons)

 Name          Date of birth   Major Career                             Transaction with the Company  Relationship with Major Shareholders of the Company
               Recommended by
 Chi-Won Yoon  June, 1959      · Chairman of EQONEX (current)           None                          Director at Affiliate

                               · Executive Vice Chairman of UBS                                       (Independent Director)

                               Wealth Management (former)
               BOD(2)
 Sang Seung    November, 1963  · Co-chairman of Asia-Pacific            None                          Director at Affiliate

 Yi                            Competition Community (APCC)                                           (Independent Director)

                               (current)

                               · Dean of Economics in Seoul National

                               University (current)
               BOD(2)

 

1. External Director Candidate Recommendation Committee

2. Board of Directors

 

 

Item 4:  Approval of Ceiling Amount of Compensation for Directors

 

 Year  Number of BOD  Ceiling Amount
 2022  11 persons     15.0 billion Korean Won

 

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