Sustainability
- ESG
- Environmental
- Social
Total Number of Issued Shares (last 5 years)
| Classification | 2024 |
|---|---|
| Issued shares (common) | 397,672,632 |
| Treasury stock (common) | 3,973,369 |
| % | 1.00 |
| Classification | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Issued shares (common) | 405,363,347 | 405,363,347 | 405,363,347 | 402,044,203 | 397,672,632 |
| Treasury stock (common) | 4,432,084 | 4,432,331 | 4,432,968 | 5,837,383 | 3,973,369 |
| % | 1.09 | 1.09 | 1.09 | 1.45 | 1.00 |
Shareholders
| Shareholder | Number of shares | Ownership(%) |
|---|---|---|
| Hyundai Motor Company | 137,318,251 | 34.53 |
| Employee stock ownership | 8,781,993 | 2.21 |
| Treasury stock | 3,973,369 | 1.00 |
| NPS | 28,312,832 | 7.12 |
| Foreigner | 151,770,201 | 38.16 |
| Others (financial institutions, etc) | 67,515,986 | 16.98 |
| Total | 397,672,632 | 100.00 |
* As of the end of 2024
Related Parties
| Name | Relationship | Type of share | Number of shares | Ownership(%) | Remarks |
|---|---|---|---|---|---|
| Hyundai Motor Company | Affiliate(largest shareholder) | Common | 137,318,251 | 34.53 | - |
| Eui sun Chung | Executive | Common | 7,061,331 | 1.78 | - |
| Ho Sung Song | Executive | Common | 3,500 | 0.00 | - |
| Jun Young Choi | Executive | Common | 1,718 | 0.00 | - |
| Woo Jeong Joo | Executive | Common | 23,740 | 0.01 | CEO of Hyundai Engineering |
| Total | - | - | 144,408,540 | 36.31 | - |
* As of the end of 2024
Shareholder Protection
| Category | Content | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Shareholders’ equity | Shares owned by the largest shareholder and its related parties | 35.62% | 35.62% | 35.62% | 35.92% | 36.31% |
Disclosure of shareholders who acquire more than 5% of the shares excluding the largest shareholder and its related parties (including officers and affiliates) | National Pension Service 8.89% | National Pension Service 8.24% | National Pension Service 6.91% | National Pension Service 7.10% | National Pension Service 7.12% | |
| Dividends | Interim or quarterly dividends (business results exist) | N/A | N/A | N/A | N/A | N/A |
| Ownership structure | Transactions between affiliates | Transactions accounting for more than 5% of the last business year’s revenue Hyundai Mobis : KRW 6,146,154mil Hyundai WIA : KRW 2,323,415mil | Transactions accounting for more than 5% of the last business year’s revenue Hyundai Mobis : KRW 7,342,633mil Hyundai WIA : KRW 2,621,472mil Hyundai Motor Company : KRW 2,010,502mil | Transactions accounting for more than 5% of the last business year’s revenue Hyundai Mobis : KRW 9,167,718mil Hyundai WIA : KRW 3,698,721mil | Transactions accounting for more than 5% of the last business year’s revenue Hyundai Mobis : KRW 10,944,427mil Hyundai WIA : KRW 3,591,942mil | Transactions accounting for more than 5% of the last business year’s revenue Hyundai Mobis : KRW 9,155,439mil Hyundai WIA : KRW 3,555,720mil |
Total credit granted* to affiliates against equity capital | N/A | N/A | N/A | N/A | N/A |
*As of the end of 2024
Cumulative voting and voting in writing
| Classification | Date of Introduction | Remarks |
|---|---|---|
| Cumulative voting | N/A | - |
| Voting in writing | N/A | - |
| Electronic voting | March 24,2020 | At the 76th Ordinary General Meeting of Shareholders |
*As of the end of 2024
Annual General Shareholders’ Meeting
| Item | The 77th(2020) | The 78th(2021) | The 79th(2022) | The 80th(2023) | The 81st(2024) |
|---|---|---|---|---|---|
| Number of voting rights present at the last General Meeting of Shareholders | 326,604,038 | 316,634,966 | 309,190,948 | 317,697,423 | 323,070,730 |
| Attendance of those excluding the largest shareholder and its related parties | 36.02% | 36.02% | 36.02% | 36.45% | 36.68% |
Turnout Rate : Number of shares present / Total number of outstanding shares with voting rights
*As of the end of 2024
Outcome of 81st Annual Shareholders’ Meeting (2024)
| Item | Approval Rate(%) | Opposition & Abstention Rate(%) | Approval/ Opposition |
|---|---|---|---|
| Agenda 1. Approval of the Financial Statements | 95.3 | 4.7 | Approval |
| Agenda 2. Approval of Partial Amendment to the Articles of Incorporation | 99.6 | 0.4 | Approval |
| Agenda 3-1. Appointment of Internal Director (Ho-Sung Song) | 94.1 | 5.9 | Approval |
| Agenda 3-2. Appointment of Internal Director (Eui-Sun Chung) | 94.0 | 6.0 | Approval |
| Agenda 3-3. Appointment of Internal Director (Seung-Jun Kim) | 99.2 | 0.8 | Approval |
| Agenda 3-4. Appointment of audit committee members (Jennifer Hyunjong Shin) | 99.0 | 1.0 | Approval |
| Agenda 4. Approval of the Limit on Board members' Remuneration | 86.4 | 13.6 | Approval |
Dividend History (last 5 years)
| Classification | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Gross amount of cash dividend(100 mil KRW) | 4,009 | 12,028 | 14,033 | 21,943 | 25,590 |
| Cash dividend per share (KRW) | 1,000 | 3,000 | 3,500 | 5,600 | 6,500 |
| Payout ratio(%) | 27.0 | 25.3 | 25.9 | 25.0 | 25.3 |
| Dividend yield ratio(%) | 1.6 | 3.6 | 5.5 | 4.4 | 6.5 |
| Dividend / Face value | 20.0 | 60.0 | 70.0 | 112.0 | 130.0 |
Minority Shareholders' Rights
We are committed to protecting the rights of the Company’s minority shareholders, whose rights are set forth below.
The Right to Convene a General meeting of Shareholders
In accordance with the Commercial Code, shareholders who own more than 1.5% of outstanding shares with voting rights of the Company for more than six months may request to convene extraordinary general meetings.
The Right to propose agenda items at the General meeting of Shareholders
In accordance with Article 363-2 and Article 542-6 of the Korean Commercial Act, any shareholder holding no less than 3% of the total number of issued shares, or any shareholder holding no less than 0.5% of the total number of issued shares (excluding non-voting shares) continuously for at least six months, may submit certain matters in writing or by electronic document as agenda items for the general meeting of shareholders up to six weeks prior to the date of the ordinary general meeting of shareholders for the preceding fiscal year. The Board of Directors shall include such proposals in the agenda of the general meeting of shareholders and state them in the convocation official-notice, except where the content of the shareholder proposal violates laws or the Articles of Incorporation, or falls under grounds for rejection as prescribed in Article 12 of the Enforcement Decree of the Korean Commercial Act. If requested by the proposing shareholder, the main contents of the proposal shall also be stated in the convocation official-notice, and the proposing shareholder shall be given the opportunity to explain the proposal at the general meeting. The Transparent Management Support Team is responsible for handling shareholder proposals. Upon receipt of a proposal, the team verifies shareholder eligibility, conducts a legal review of the proposed agenda item, and notifies the proposing shareholder of receipt in writing or by electronic document.
* Address: 12, Heolleung-ro, Seocho-gu, Seoul 06797 Republic of Korea, Compliance Management Team / kiacm@kia.com