Enhancing Market Position in EV Market

Mid to Long-term Business Target 2022 Improving cost competitiveness of I.C.E. and XEV Improvement • Accelerated cost innovation • Sales expansion of Genesis brand 2025 Building strong growth foundation based on high profitability of the automotive division Automotive Division 7% OP Margin +1% pt Automotive Division Limitation 8% OP Margin ⚫ Accelerated electrification Regional Profit Center System Cost Innovation Committee • Increasing investment in mobility service business Expanding xEV based on competitive cost ⚫ OP and OPM : automotive division + consolidation adjustment 22 22 Foundation for +mobility service business HYUNDAI

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