Hyundai Motor Company Decision on Delisting of Stocks, etc. from Overseas Markets

Hyundai Motor Company Decides to Delist GDRs from London and Luxembourg Stock Exchanges

• Hyundai Motor Company has decided to delist the GDRs listed on the London Stock Exchange and the Luxembourg Stock Exchange.
• The shares subject to delisting are 22,607 common shares, 2,868,428 preferred shares, and 291,166 second preferred shares.
• The scheduled delisting date is Dec 19, 2024.
• The reason for delisting is to resolve management complexity by considering factors such as reduced remaining volume due to GDR underlying share conversion, low trading volume, and maintenance costs relative to low listing utility.