Hyundai Motor Company Tentative Agreement

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(1)Regarding the provisional agreement on 23-year wage incentives
(2)1 Wage performance
(3)In the case of sales workers, the ratio of fixed salary fluctuation when adjusting the basic salary increase and the salary increase excluded is 82
(4)Based on union members
(5)Average Impression Effect
(6)10,000 won increase effect 5,60208 won
(7)400 10.75 million 15 shares 28.08 million performance fund 100 36.34 million
(8)Total wage increase effect of 34.3 million 23 years
(9)4,080,000 32-day payment, including 57,85,000 special incentives, 40,010 shares
(10)186200 won per share based on union members
(11)Average amount paid
(12)23 years and 32 days payment completed
(13)4 million 10 shares. 4 million 10 shares. Special reward
(14)300 10.5 million 18.9 million 300 8 million 2022 Management Performance Performance Payments
(15)World Car Gift Certificate of the Year 250,000 until the end of October
(16)a special incentive to commemorate the selection
(17)Safety of production quality in the second half of 2023
(18)Business goal achievement incentive
(19)A separate agreement on the conclusion of collective bargaining in 2023
(20)fifteen shares
(21)Traditional market gift certificates
(22)4 million and 14.75 million
(23)33.86 million
(24)2 Other wage items
(25)● 500,000 for summer vacation
(26)- Increase the amount from 300,000 won to 800,000 won
(27)- Application period from 2024 summer vacation time
(28)● New point system 500,000p
(29)- The existing weekly two-shift system was newly reorganized and operated as a new point system
(30)The unit price of points will be raised from 500,000 points per year to 1 million points per year
(31)If the total wage increase effect is 4,080,000 and 500,000 new points for the following vacation are added
(32)Total wage increase effect is 41.08 million

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