Hyundai Motor said it has decided to distribute 917,385 treasury shares it holds to employees, as of October 29, 2026.

The company said it decided to dispose of 917,385 treasury shares to 61,159 employees as a share award based on the outcome of the 2026 wage negotiations. The expected disposal amount is about KRW 271.5 billion, and the expected disposal period is November 20, 2026. The company said the number of shares may change depending on changes in the number of eligible employees on the actual disposal date.

1. 01

   The disposal is a share award based on the outcome of the 2026 wage negotiations, and it is made under the treasury share holding and disposal plan approved at the March 26, 2026 annual general meeting.

2. 02

   The shares to be disposed of consist of 360,345 bonus shares and 557,040 employee stock ownership association shares, and the default method is to deposit them into each employee's individual securities account.

3. 03

   If an employee chooses, the shares will be disposed of by contributing them to the employee stock ownership association, and in that case they will be deposited with mandatory custody for 4 years.

4. 04

   The pricing basis is the closing price on the day before the board resolution date (October 28, 2026, KRW 296,000), and the company said the expected disposal amount may change with movements in the share price.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Expected shares to be disposed of (common shares)

917,385 shares

Share price for disposal

KRW 296,000

Expected disposal amount

KRW 271.5 billion

Expected disposal period

November 20, 2026 (start and end dates are the same)

Disposal counterparty

61,159 employees

Filing facts

Filing type

Treasury Share Disposal

Report name

Decision on Treasury Share Disposal

Filed

Oct 29, 2026

Receipt number

20261029000247