Acquisition of Shares of Other Corporation

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Title : Decision on Acquisition of Shares or InvestmentCertificate of Other Corporation

1. Details of Issuing Company

- Name of Company : To be decided

- Nationality : United States of America

- Representative : To be decided

- Total Number of Shares Issued : 4,000,000

- Main Business : Development and sales of autonomous driving technology

2. Details of Acquisition

- Number of Shares to be Acquired : 1,040,001

- Acquisition Amount : KRW 1,238,745,000,000

- Equity Capital : KRW 73,896,010,000,000

- Ratio to Equity Capital : 1.68%

3. Number of Shares Held and Shareholding Ratio after Acquisition

- Number of Shares Held : 1,040,001

- Shareholding Ratio : 26%

4. Acquisition Method : Cash acquisition along with providing service and patent license,

5. Purpose of Acquisition : Expanding mobility service business through establishment of JVrelated to autonomous driving technology

6. Scheduled Acquisition Date : To be decided

7. Date of Board Resolution (Decision Date) : 2019-09-23

- Attendance of Independent Directors : 6 (present) / 0 (absent)