Guidance Update for 2022

※ The following is a future strategy, which may be subject to change.

1. Title of Business Plan

 Guidance Update for 2022

2. Purpose for update

 Update guidance for 2022 which was disclosed early this year

 reflecting environmental changes

3. Revised details of Plan

Details of Plan

 Before Update

 After Update

· Sales volume target :

4.32 Million Units

 · Sales revenue growth target (Consolidated basis) : 13~14%

· Operating profit margin target (Consolidated basis) : 5.5~6.5%

· Investment plan : 9.2 trillion KRW

· Sales volume target :

4.01 Million Units

 · Sales revenue growth target (Consolidated basis) : 19~20%

· Operating profit margin target (Consolidated basis) : 6.5~7.5%

· Investment plan : 8.9 trillion KRW

Expected Investment Amount (KRW)

 9.2 trillion

 8.9 trillion

Date of Board Resolution (Decision Date)1

 2022-01-25

 2022-10-24

Details of Information Released

Date & Time of Information Released1

 2022-01-25

 2022-10-24

Title and Place of Event held

 Business results annoucement for

 4Q 2021

 Business results announcement for

 Q3 2022

4. Other references useful for making investment decisions

1. The date of decision and information released is based on KST.

2. Related materials are available for download on IR website - IR Calender

(www.hyundai.com/worldwide/en)

※ Title and date of other

disclosure related to

this one

 2022 Business Plan (Disclosed on Jan. 4th, 2022)

 Guidance for 2022 (Disclosed on Jan. 26th, 2022)