Investor Presentation

Cautionary Statement with Respect to Forward-Looking Statements

1

In the presentation that follows and in related comments by Hyundai Motor’s management, our use of the

words “expect,” “anticipate,” “project,” “estimate,” “forecast,” “objective,” “plan,” “goal,” “outlook,” “target,”

“pursue” and similar expressions is intended to identify forward looking statements.

The financial data discussed herein are presented on a preliminary basis before the audit from our Independent

Auditor; final data will be included in HMC’s Independent auditor’s report. While these statements represent our

current judgment on what the future may hold, and we believe these judgments are reasonable, actual results

may differ materially due to numerous important factors. Such factors include, among others, the following :

changes in economic conditions, currency exchange rates or political stability; shortages of fuel, labor strikes

or work stoppages; market acceptance of the corporation’s new products; significant changes in the

competitive environment; changes in laws, regulations and tax rates; and the ability of the corporation to

achieve reductions in cost and employment levels to realize production efficiencies and implement capital

expenditures at levels and times planned by management.

We do not intend or assume any obligation to update any forward-looking statement, which speaks only as of

the date on which it is made.

Ver. 2019-01-31

Current Status of HMC

G90

3

4,099 4,392

4,621 4,835 4,844 4,920

4,532 4,499

2011 2012 2013 2014 2015 2016 2017 2018

Global Sales Trend (Unit: 1,000 vehicles)

Brand Value Growth (Unit: US$ in Billions)

Source : Company data (Retail sales excluding CKD sales)

Initial Quality Study (Unit: number of problems per unit)

Vehicle Dependability Study (Unit: number of problems per unit)

Source : J.D. Power

169 188

158 133 124

16 15 9

3 3

2014 2015 2016 2017 2018

(Ranks among non-premium)

Source : Interbrand

Focus on Value Growth Strategy

(U$ 5B in ‘10 → 13.5B in ’18, 125.4%↑)

Balanced Growth

(Ranks among Non-Premium)

Source : J.D. Power

95 92

88

74 68

2 2 4 2

50

90

2015 2016 2017 2018 2018

1st

(Ranks among Premium)

6.0 7.5 9.0 10.4 11.3 12.5 13.2 13.5

19.3% 24.4%

20.5% 15.6%

8.5% 11.1%

5.1% 2.6%

-10%

0%

10%

20%

30%

0

5

10

15

20

25

2011 2012 2013 2014 2015 2016 2017 2018

HMC Brand Value (Billion US$) HMC Value Growth (%)

4

Balanced Sales Growth through Global Plants

(Unit: 1,000 vehicles) ‘17. 4Q ‘18. 4Q

Turkey Plant India Plant China Plant US Plant Czech Plant Russia Plant

US

176 174

Korea

195 170

W.Europe

127 128

India

152 153

China

221 267

9 manufacturing plants ( ), 6 R&D facilities ( ), 15 direct sales subsidiaries ( ), sales in more than 200 countries globally

Source: Company data (Retail sales excluding CKD and CVs for each region)

Brazil Plant

+14.7%

△17.5% △0.3%

△0.2%

+1.4%

Brazil

49 46

+4.5%

Others (MEA, APAC, Turkey)

142 142

+0.1%

Russia

47 46

+2.3%

Global

‘17. 4Q ’18. 4Q

1,215 1,196

△1.6%

Global (ex-China)

’17. 4Q ’18. 4Q

943 973

+3.2%

(Global Retail Sales including CVs)

Balanced Sales Growth by Diversified Business Portfolio

5

Geographically Diversified Portfolio (%) Marketable Product Mix* (%)

13.6

22.4

35.3

12.6

34.7

26.4

3.5

7.1

3.2

9.6

0.7

29.4

27.6

13.5

45.0

39.4

14.3

16.8

3.4

3.0

6.5

11.2

12.1

8.5

0 20 40 60 80 100

Honda

Toyota

GM

VW

Domestic North America Europe China Asia (ex-China) Others

Source: Company data for HMC 2017 Global Retail Sales, Competitor information from IHS (CY2017 data)

*A+B+C=Mini+Sub Compact+Compact; D+E+F=Mid-Size+Large+Luxury; RV=SUV+MPV; Others=PUP and others; excluding HCVs

15.2 18.0 16.8 18.6 16.0 15.4 Hyundai

40.9

37.5

27.4

56.7

11.1

10.4

11.1

16.6

46.7

39.1

35.0

21.4

1.3

13.0

26.5

5.3

0 20 40 60 80 100

Honda

Toyota

GM

VW

A+B+C D+E+F RV Others

49.1 14.5 29.7 6.6 Hyundai

Key Strengths for HMC

7

Value Growth (Product Competitiveness)

Kona and New Santa Fe with outstanding specification received excellent remarks from customers

Kona (Entry CUV – B segment)

New Santa Fe (Compact SUV – D segment)

Specification Hyundai Santa Fe (19MY) Ford Edge (19MY) Jeep Cherokee

Displacement 2.4L 2.0L 2.0L

Max. Power 235 @ 6000 245 @ 5500 180 @ 6400

Mileage (City/Highway) 22mpg / 29mpg 21mpg / 29mpg 21mpg / 29mpg

Safety (Small Overlap) Top Safety Pick Plus (Good) - - (Moderate)

MSRP USD 25,000 ~ 36,600 USD 29,315 ~ 36,025 USD 25,495 ~ 37,775

Expected Release Date Aug. 2018 Oct. 2018 Aug. 2018

Source: Autodata

Specification Hyundai Kona (18MY) Chevrolet Trax (18MY) Honda HR-V (18MY)

Displacement 2.0L 1.4L 1.8L

Max. Power 175 @ 5,500 138 @ 4,900 141 @ 6,500

Mileage (City/Highway) 27mpg / 33mpg 25mpg / 33mpg 28mpg / 34mpg

Safety (Small Overlap) - (Good) - (Good) - (Acceptable)

MSRP USD 19,000 ~ 26,400 USD 21,000 ~ 27,295 USD 19,670 ~ 25,140

1H18 US Sales Volume 15,193 (released Mar. 2018) 46,989 45,555

8

6,005

7,473

9,004

10,409

11,293

12,547

13,193 13,535

61

53

43

40

39

35 35 36

2011 2012 2013 2014 2015 2016 2017 2018

Enhancement in Brand Value

(Ranks) (Unit: US$ in Millions)

Brand value has increased an average of 12.3% each year, since the implementation of Modern Premium in 2011.

Awards and Accolades

+20%

+24%

+16%

+8%

+11%

Date Titles Regions Models

’18.11 The North American Car and

Truck of the Year U.S KONA

’18.11 Motor Trend Car of the Year U.S G70

’18.09 TOP SAFETY PICK+ U.S. Santa Fe

’18.09 2018 International Design

Excellence Awards U.S. Santa Fe

’18.07 Auto Express New Car Awards

2018 U.K KONA, KONA EV

’18.06 Green Car of the Year U.K KONA EV

’18.06 Vehicle Satisfaction Awards U.S. Accent, Elantra, Sonata

’18.06 Best in Class Mid-Size SUV U.K Santa Fe

’18.05 Good Design Award Australia KONA

’18.05 Game Changer Award U.K i30 N

’18.05 Auto Trader New Car Awards

2018 U.K Tucson

’18.04 Red Dot Design Awards Germany NEXO, KONA

’18.02 ‘18 Consumer Report (Top Auto Brands)

U.S. Genesis

’18.02 iF Design Award 2018 Germany G70, KONA, i30, Solati

‘17.12 ’17 Good Design Award U.S. Sonata

‘17.09 ’17 J.D. Power

(Driver Experience in Compact) U.S. Elantra

Source: Interbrand

+5%

Value Growth (Brand Enhancement)

+3%

9

Volume Growth

HMC’s global sales plan

Source: Company data * Above figures in sales plan are based on wholesales

Sales Growth by country

(Unit: 1,000 vehicles) 2017 2018 2019 (P)

YoY(%)

Korea 689 721 712 △1.3

US 702 693 705 +1.7

Canada 131 129 131 +1.8

W. Europe 530 545 540 △0.9

Turkey 52 33 22 △32.9

India 527 550 580 +5.5

Russia only 166 183 181 △1.2

Brazil 181 189 204 +8.2

China 785 790 860 +8.8

Total 4,506 4,589 4,680 +2.0

2019 Sales Plan (Regional Wholesales)

(Unit: 1,000 vehicles) 2018 2019 (P)

Korea 721 712

Overseas 3,868 3,968

North America 872 886

Europe 589 573

India 550 580

Russia 196 195

South America 320 336

China 790 860

Total 4,589 4,680

Micro-Small Small-Mid Mid-Large FR-Mid FR-Large LCV

26

17

10

Platform integration will reduce development costs and deliver greater economies of scale

Models per Type of Platform

Source: Company Data (Based on 54 models of Hyundai-Kia, 2018)

Mass Production

Cost Structure Improvement (Platform Integration)

Niche Market

Platform Integration History

Higher Safety

“Multi Load Path” to Spread impact load

Developments of 3rd Generation Integrated Platform

Performance Adaptability

FF Structure Optimized

(Better Geometry)

FR Structure Strengthened

(Frame improvement)

Modular

Diverse types of vehicles

1st Generation

2008

• 6 Integrated Platforms for all line-ups

2013

2nd Generation

• Strengthened Basic Performance and Standardization

• 10 Platforms for Hyundai & Kia models

2005

Common Platforms

2019 ~

Future Technology Hyundai Motor’s Vision for Future Mobility

“Clean Mobility, Freedom in Mobility, Connected Mobility”

12

By 2020, HMC will Improve fuel efficiency by 25% on average, securing the product competitiveness in the market

2020 Fuel Efficiency improvement Roadmap

Improve powertrains

Reduce weight

Expand Green Car line-ups

Refresh 70% of the current powertrains (7 out of 10 P/T line-ups to be replaced)

Improve performance of 「Nu」 for mid-seg and 「Kappa」 engines for small-seg sedan

Expand engine lineups with turbo-charger

Improve current 6-speed and 8-speed transmission

Increase portion of advanced strength steel for the chassis of platform to make vehicles safer and lighter

Apply more lightweight materials such as aluminum, foamed plastic and etc.

Increase green car line-up to 31 models by 2020 and 44 models by 2025

Introduce new green car technologies

Aiming to be the 2nd largest manufacturer in green car market

Category 2014 By 2020

Gasoline Kappa, Gamma, Nu,

Theta II, Lambda II, Tau

New engines

Performance

Turbo Charger

Diesel U, R, A, S New engines

Transmission

4 spd : Kappa, CVT

6 spd : Gamma, Theta, Lambda DCT

7 spd : Gamma DCT

8 spd : Lambda

Increase number of transmissions

Improve transfer efficiency

Category 2014 By 2018

Advanced

strength

steel

33% ~ 52% 48% ~ 62%

Category 2018 2020 2025

HEV 6 Models 10 Models -

PHEV 4 Models 11 Models -

EV 3 Models 8 Models -

FCEV 1 Model 2 Models -

Total 14 Models 31 Models 44 Models

*Including Kia models

Future Technology (Clean Mobility)

13

Mid / Long-term Green Car Development Strategy

Combustion

Electric

Combustion + Electric

Green Car Development Trend

Establish a flexible platform to swiftly react to market changes

[Fuel]

Respond to fuel efficiency regulations

Secure competitive fuel efficiency

Lead regulation / green car Technology

[Size]

Small

Mid

Large

Line-up Strategy

Low-mid

Mid

New Car Launch Mid-large

*Including Kia models *Source : IHS, Company data

Future Technology (Clean Mobility)

Category 2018 2020 2025

Rank 2nd 2nd 2nd

Number of models

15 models

31 models

44 models

Sales Target

135 (thousand)

- 1,670 (thousand)

14

Maintain our global green car sales ranking (No.2) and leading positon in EV and FCEV technology

Source: Company data

Fuel Cell Electric Vehicle FCEV Development

HMC Toyota Honda

Production year 2013 2015 2016

Assuring ‘FCEV Leading Maker’ position by producing the most efficient FCEV model, NEXO

Major components are independently developed, e.g. FCEV stack

The first auto maker to successfully begin commercial production several years ahead of competitors

NEXO

Max. distance: 609 km (Korea) 378.4 mile (US)

Max. speed: 177 km/h

Fuel efficiency: 96.2km/kg

More than 600km with a 700-bar hydrogen tank can be fully charged in 5 minutes

Future Technology (Clean Mobility)

Electric Vehicle EV Performance Comparison

KONA EV

Battery capacity : 64 kWh

Max. distance : 482 km (WLTP) 546 km (NEDC)

Max. speed : 167 km/h

Fast Charging : 54 min

Normal Charging : 9h 35 min

Specification Hyundai Kona EV Chevrolet BOLT EV

VW e-Golf 2017

Battery 64 kWh 60 kWh 35.8 kWh

Motor 150 kW 150 kW 100 kW

Fuel Efficiency (combined)

143 MPGe 135.6 MPGe 119 MPGe

Driving Distance 241 miles 238 miles 125 miles · WLTP (Worldwide harmonized Light vehicle Test Procedure)

· NEDC (New European Driving Cycle)

15

Electric Motor

Powered by advanced lithium-ion battery

HMC independently developed and obtained distinctive technology on hybrid system

Parallel Hybrid Drive System

Simpler in structure compare with other

types of hybrid

Specification Hyundai IONIQ

(Blue) Toyota Prius

(Eco) Ford C-Max

Net Power 141 ps 121 ps 141 ps

Battery 1.56 kWh 0.75 kWh 1.40 kWh

Fuel Efficiency (combined)

58 MPG 56 MPG 39 MPG

System Parallel System Power Split

System Power Split

System

IONIQ HEV

Displacement : 1.6ℓ

Net Power : 141 ps

Fuel Efficiency : 58 mpg

Launched in 2016

Hybrid Vehicle HEV Performance Comparison

Source: Company data

Future Technology (Clean Mobility)

Plug-in Hybrid Vehicle PHEV Performance Comparison

IONIQ PHEV

Displacement : 1.6ℓ

Net Power : 141 ps

Launched in 2017

Specification Hyundai IONIQ

PHEV Toyota Prius

Prime Chevrolet Volt

Battery 8.9 kWh 8.8 kWh 18.4 kWh

Motor 44.5 kW 90 kW 111 kW

Fuel Efficiency (combined)

20.5 km/ℓ(Gas)

5.5km/kWh(Elec)

21.4 km/ℓ(Gas)

6.4km/kWh(Elec)

17.8 km/ℓ(Gas)

5.3km/kWh(Elec)

Driving Distance (Korea)

46 km 40 km 89 km

16

HMC targets to bring level 4 autonomous driving in smart cities by 2021 and fully autonomous driving by 2030

Development Philosophy

Level 1 & Level 2

Development status Levels of Driving Automation (SAE)

“Intelligent Safety Vehicle”

Automated Lane Change

Intersection Entry/Exit

Highway TG Entry/Exit

HDA (Highway Driving Assist)

TJA (Traffic Jam Assistance)

Advanced Driver Assistance

System

Level 3

Provide ultimate safety not only to the driver but also to the passengers / pedestrians / other drivers, by having vehicle proactively analyzing driving environments and assist driver when necessary

Lev. Definition Note

5 Full Automation In advanced research

4 High Automation First show in CES 2017

3 Conditional Automation Completed advanced

development

2 Partial Automation Partially in market (HDA, etc.)

1 Driver Assistance In market (LKAS, SCC, AEB, etc.)

*SAE : Society of Automotive Engineers

Future Technology (Freedom in Mobility)

HMC targets to bring level 4 autonomous driving in smart cities by 2021 and fully autonomous driving by 2030

Future Technology (Freedom in Mobility)

Five base for Open Innovation Mid-to Long-term Directions

Partial Level 4

Partial Level 4

Complete Level 4

Company Cooperation Core Area

CVs

Beijing • AI • ICT Cooperation

Berlin • Smart City • Mobility Solution

Tel Aviv • Autonomous Driving • Start-up Investment

Seoul • Tech Directions • Future Strategy

Silicon Valley • Innovation CRADLE • Corporate & Colleague

Strategic Partnership Current Achievements • Installed partial Autonomous driving features (Level 1 ~ 3) in new model

• Partial Level 4 Autonomous Driving in highway

Level 4 Autonomous Driving in 200 km From Seoul to PyeongChang

17

• Autonomous Driving Platform

• Sound Recognition, IoT, Connected Car

• Autonomous Driving Software

• Cloud System, Sensor & Controller

• Radar & AI

• Sensor based Recognition

18

HMC has concentrated on R&D and increased investment for future technologies

Remote Support Fully Autonomous Smart Traffic Mobility Hub

Major areas

Remotely connect cars to prevent or solve problems

Fully autonomous using V2X (V2X : Vehicle to Everything)

Locate vehicles and analyze traffic to navigate the car

Vehicles become center of our lives

Car Network Tele Network Cloud Big Data

■ ‘Open Innovation’ partnership with global companies (Cisco partnership established in April 2016)

■ Integrated infrastructure combining network, cloud, big data and security solutions

4 Core Technologies

“ Vehicles become information hubs connecting cars to life ”

Future Technology (Connected Mobility)

19

Bring our customers the most efficient, convenient, economical mobility solution

Future Technology (Connected Mobility)

Major Advanced Technologies

User Interface

Smart Traffic Assist

By monitoring the road ahead, keep a safe distance around the car

IoT

Augmented Reality

Connecting with road, integration of real camera & footage gives 3D navigation

Remote Control

With automated steering, braking and changing direction aid system

Protecting the driver from any situations by monitoring driver state

Driver Monitoring

Interactive voice recognition through AVN system and IT tech

Monitor Recognition

Greater control of multiple features With 3D hand gesture recognition

Voice Recognition

New Brand Genesis

21

HMC introduced new global luxury brand ‘Genesis’ as a driver for growth

Why Genesis?

Unlock the untapped profit opportunity Elevate entire brand and organization

10.0

7.6 7.1

6.5

5.0

6.9

5.6 6.0

3.1

BMW Toyota Daimler Renault Nissan GM Honda VW Ford

Penetrating fast growing premium market Establish virtuous business circle

7.2 7.9 8.6

9.3 10.0 10.5 11.0 11.5 11.8 12.0 12.2

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

(Unit : millions)

Source: IHS, Company data

New Brand (Introduction of Genesis)

Line-up

22

Genesis Brand to achieve full line-up of 6 models by 2021

Phase 3 (‘21 ~ ) Phase 2 ( ~ ‘20) Phase 1 ( ~ ‘17)

Sales Channel Share existing sales network

and resources

Line-up

Sales Channel Selectively open exclusive dealers and operate online sales channel

Line-up : Diversify powertrain

Sales Channel Separately operate exclusive dealers

History

Roadmap

New Brand (Strategy of Genesis)

Genesis 1st gen. (Hyundai)

Launched Genesis brand & EQ900 (G90)

G80

2008 2015 2016

G70

2017

G90 Facelift

2018

Brand

24

N offers race track-capable vehicles to customers who truly love cars

New Brand (High Performance Vehicle, N Brand)

Three DNA of N Brand Concept Cars

RM16

Powertrain: 2.0T GDI

Max. Power: 300 PS

Max. Torque: 39kg.m

N 2025 Vision Gran Turismo

Powertrain: Hydrogen Fuel Cell

Max. Power: 884 PS

Corner Rascal Unique carving feel when cornering

Everyday Sports Car

Performance for everyone

Race Track Capability

Technology originated from motor sport

Vision Gran Turismo

Introduce N Brand

2014 2015 2012 -

RM14 Concept

2016

RM 16 Concept

Project RM (Racing Midship)

Inception of R&D ‘i30 N’ launch

1st N Brand model ‘i30 N’ launched in Europe

2017 2018

‘Veloster N’ launch

2nd N Brand model ‘Veloster N’ launched in Korea

25

New Brand (High Performance Vehicle, N Brand)

i30 N

Max. speed: 250 km/h

Max. power: 275 ps / 6,000 rpm

Max. Torque: 36 kg·m / 1450-4700 rpm

Acceleration (0 – 100 kph) : 6.1 sec

Internalized the motor sport technology and then applied it to road going cars to make it fun-to-drive

Source: Company data

Max. speed: 250 km/h

Max. power: 275 ps / 6,000 rpm

Max. Torque: 36 kg·m / 1450-4700 rpm

Acceleration (0 – 100 kph) : 6.1 sec

Veloster N

High Power Output High Strength High Technology Lightweight Aerodynamic Design

Models

Core Tech

N High-performance engine

N 6-Speed Manual Transmission

N Special Chassis

Durability completed over 10,000km of testing

Use of lighter materials and an optimized frame structure

Aerodynamic design which increases downforce such as the front splitter, side skirts, and double-deck rear spoiler

Rev Match (Automatically Synchronize engine and transmission)

N Electronic Control Suspension

Shareholder Value

27

Shareholder Value

HMC has increased shareholder return, enhanced communication with shareholders, and improved transparency

Key Activities

Mid-long Term Dividend Policy

Allocate 30 to 50% of annual Free Cash Flow for shareholder returns

Aim to lift its payout ratio to the average of global automakers 1,950 3,000 4,000 4,000 4,000

6% 11%

17% 20%

27%

-20%

0%

20%

0

2000

4000

6000

2013 2014 2015 2016 2017

DPS (KRW) Payout Ratio (%)

*DPS for ordinary shares including interim dividend

Established Corporate Governance and

Communication Committee

Posted Corporate Governance Charter

Announced Mid-long Term Dividend Policy

Apr. 2015 Mar. 2016 Jan. 2017

*Free Cash Flow from non-finance division

Will appoint An Outside Director* based on

Recommendation of Shareholders * In charge of Shareholder’s Rights protection

Jan. 2018

Appendix

2017. 4Q 2018. 4Q (Thousand units)

Source: Company Data (excluding CKD, excluding CVs for each region except Korea)

Sales Results (Regional Wholesales)

29

Europe

△5.3%

146 155

India

Russia

Korea China N.America

S.America

+7.3%

82 76 52 49

+4.7%

195 170

+14.7%

232 198

+16.7%

229 296

△22.5%

138 134

+3.0%

1,226 1,234

Global

△0.6%

Global(ex-China)

994 934

+6.4%

Others

△2.5%

139 142

(MEA, APAC) (Global Wholesales including CVs)

30

Balance Sheet (K-IFRS Consolidated)

(Billion KRW) End-2017 End-2018 Diff. % chg.

Asset 178,199 180,656 +2,456 +1.4%

Current Asset(a) 73,976 72,760 △1,256 △1.6%

Liabilities(b) 103,442 106,760 +3,318 +3.2%

Current Liability(c) 43,161 48,557 +5,397 +12.5%

Debt(d) 72,001 73,296 +1,296 +1.8%

Provision 6,654 6,800 +145 +2.2%

Equity(e) 74,757 73,896 △861 △1.2%

Capital Stock 1,489 1,489 0 0.0%

Capital Surplus 4,201 4,201 0 0.0%

Retained Earnings 67,332 66,490 △842 △1.3%

Current Ratio(a/c) 171.4% 149.8%

Liability to Equity(b/e) 138.4% 144.5%

Debt to Equity(d/e) 96.3% 99.2%

EBITDA/Interest Exp. 24.3x 20.1x

31

Income Statement (K-IFRS Consolidated)

(Billion KRW) ‘17. 4Q ‘18. 1Q ‘18. 2Q ‘18. 3Q ‘18. 4Q YoY QoQ

Revenue 24,501 22,437 24,712 24,434 25,670 +4.8% +5.1%

Gross Profit 4,218 3,468 3,926 3,693 4,057 △3.9% +9.8%

Margin (%) 17.2 15.5 15.9 15.1 15.8

SG&A 3,443 2,786 2,976 3,404 3,555 +3.2% +4.4%

Portion (%) 14.1 12.4 12.0 13.9 13.8

Operating Income 775 681 951 289 501 △35.4% +73.4%

Margin (%) 3.2 3.0 3.8 1.2 2.0

Income before tax 416 926 1,129 362 113 △72.9% △68.9%

Margin (%) 1.7 4.1 4.6 1.5 0.4

Net Income 1,288 732 811 306 △203 △115.8% △166.4%

Margin (%) 5.3 3.3 3.3 1.3 △0.8

Depreciation 589 571 576 600 611

Amortization 341 344 352 364 343

EBITDA 1,705 1,596 1,879 1,254 1,455