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Sustainability Management Committee

Purpose of the Sustainability Management Committee

The Sustainability Management Committee is a committee within the Board of Directors responsible for making decisions on matters such as the transparency of internal transactions and the protection of shareholder rights. It also deliberates on issues including social responsibility, safety, and health management. On March 22, 2021, through a resolution by the Board of Directors, the Company expanded and reorganized the existing 'Transparency Management Committee' into the current 'Sustainability Management Committee.' This reorganization involved adding responsibilities for ESG, safety, and health management, and increasing its members by adding one inside director to the five existing outside directors.

Composition of the Sustainability Management Committee

Our Board of Directors is composed of 1 internal directors and 5 independent directors.

  • Chan Hyuk Chyun Independent Director
    First Appointment Date
    March 17, 2023
    Last Appointment Date
    March 17, 2023
    Term
    3 years
    Remarks
    Chairman
  • Wha Sun Jho Independent Director
    First Appointment Date
    March 22, 2021
    Last Appointment Date
    March 15, 2024
    Term
    3 years
    Remarks
    -
  • In Kyung Lee Independent Director
    First Appointment Date
    March 15, 2024
    Last Appointment Date
    March 15, 2024
    Term
    3 years
    Remarks
    -
  • Jae Yong Shin Independent Director
    First Appointment Date
    March 17, 2023
    Last Appointment Date
    March 17, 2023
    Term
    3 years
    Remarks
    -
  • Jennifer Hyunjong Shin Independent Director
    First Appointment Date
    March 29, 2022
    Last Appointment Date
    March 14, 2025
    Term
    3 years
    Remarks
    -
  • Ho Sung Song Internal Director
    First Appointment Date
    March 22, 2021
    Last Appointment Date
    March 14, 2025
    Term
    3 years
    Remarks
    -

Key Agenda Items and Decisions of the Sustainability Management Committee

Date

Key Agenda Items and Decisions of the Sustainability Management Committee by Date
Date Agenda Items /
Reported Matters		 Whether
approved		 Remarks
23-Jan-2025 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2025)
  2. Approval of transaction limit with the largest shareholder (FY2025)
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2024 social outreach programs and donations
  2. Implementation of the code of ethics in FY2024 4th Quarter
  3. Operation of fair trade compliance program in FY2024 4th Quarter
  4. Report on safety and health plans in FY2025
  5. Report on Strategies for Strengthening Composite Material Capabilities
 Approved -
14-Mar-2025 Agenda Items
  1. Appointment of Shareholder Rights Protection Committee Member
 Approved -
25-Apr-2025 Agenda Items
  1. Approval of contribution to an affiliate
  2. Approval of Internal Transactions with affiliate
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. 2025 ESG Plan
  2. FY2025 social outreach programs and donations
  3. Implementation of the code of ethics in FY2025 1st Quarter
  4. Operation of fair trade compliance program in FY2025 1st Quarter
 Approved -
25-Jul-2025 Agenda Items
  1. Approval of Large-Scale Internal Transactions
  2. Approval of HMGC Share Transactions
  3. Approval of Transactions with Affiliate Companies
  4. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2025 1st Half social outreach programs and donations
  2. Implementation of the code of ethics in FY2025 2nd Quarter
  3. Operation of fair trade compliance program in FY2025 2nd Quarter
  4. Report on current status of safety and health activities in FY2025
 Approved -
25-Jan-2024 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2024)
  2. Approval of transaction limit with the largest shareholder (FY2024)
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2023 social outreach programs and donations
  2. Implementation of the code of ethics in FY2023 4th Quarter
  3. Operation of fair trade compliance program in FY2023 2nd Half
  4. Report on safety and health plans in FY2024
 Approved -
15-Mar-2024 Agenda Items
  1. Appointment of chairman of Sustainability management Committee
 Approved -
26-Apr-2024 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. 2024 ESG Plan
  2. FY2024 social outreach programs and donations
  3. Implementation of the code of ethics in FY2024 1th Quarter
 Approved -
03-Jun-2024 Agenda Items
  1. Approval of large-scale internal transaction(42 dot capital increase)
 Approved -
26-Jul-2024 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2024 1st Half social outreach programs and donations
  2. Implementation of the code of ethics in FY2024 2nd Quarter
  3. Operation of fair trade compliance program in FY2024 1st Half
  4. Report on current status of safety and health activities in FY2024
 Approved -
25-Oct-2024 Agenda Items
  1. Approval of changement of transaction limit between directors and affiliates (FY2024)
  2. Approval of changement of transaction limit with the largest shareholder (FY2024)
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Social outreach programs and donations in FY2024 3rd Quarter
  2. Implementation of the code of ethics in FY2024 3rd Quarter
  3. Social outreach programs and donations in FY2024 3rd Quarter
 Approved -
27-Jan-2023 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2023)
  2. Approval of transaction limit with the largest shareholder (FY2023)
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2022 social outreach programs and donations
  2. Implementation of the code of ethics in FY2022 4th Quarter
  3. Operation of fair trade compliance program in FY2022 2th Half
  4. Report on safety and health plans in 2023
  5. Report on establishment plan of Guangzhou joint stock company
Approved -
15-Fed-2023 Reported Matters
  1. Report on used car certification business progress
 - -
17-Mar-2023 Agenda Items
  1. Approval of additional transaction between directors and affiliates (FY2023)
 Approved -
25-Apr-2023 Agenda Items
  1. Approval of participation in capital increase of other corporation
  2. Approval of participation in capital increase of an affiliate
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Mid- to long-term ESG strategy
  2. Social outreach programs and donations in FY2023 1th Quarter
  3. Implementation of the code of ethics in FY2023 1th Quarter
 Approved -
27-Jul-23 Agenda Items
  1. Approval of internal transactions with affiliates
  2. Approval of contribution to an affiliate
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2023 1st Half social outreach programs and donations
  2. Implementation of the code of ethics in FY2023 2nd Quarter
  3. Operation of fair trade compliance program in FY2023 1st Half
 Approved -
30-Aug-23 Reported Matters
  1. Membership status of The Federation of Korean Industries
 Approved -
27-Oct-23 Agenda Items
  1. Approval of changes of transaction limit between directors and affiliates (FY2023)
  2. Approval of changes of transaction limit with the largest shareholder (FY2023)
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Major industrial accidents and safety enhancement plan
  2. Social outreach programs and donations in FY2023 3rd Quarter
  3. Implementation of the code of ethics in FY2023 3rd Quarter
 Approved -
26-Jan-2022 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2022)
  2. Approval of transaction limit with the largest shareholder (FY2022)
  3. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. FY2021 social outreach programs and donations
  2. Implementation of the code of ethics in FY2021 4th Quarter
  3. Operation of fair trade compliance program in FY2021 2th Half
  4. Report on safety and health plans in 2022
 Approved -
28-Jan-2022 Agenda Items
  1. Approval of changes to internal transactions with affiliates
 Approved -
25-Fed-2022 Agenda Items
  1. Appointment of the chairman of the Sustainability Management Committee

Reported Matters
  1. 2022 Investor Day held
 Approved -
29-Mar-2022 Agenda Items
  1. Appointment of a member in charge of protection of shareholder rights
 Approved -
25-Apr-2022 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Social outreach programs and donations in FY2022 1th Quarter
  2. Implementation of the code of ethics in FY2022 1th Quarter
  3. 2022 ESG Promotion Plan
 Approved -
22-Jul-2022 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Social outreach programs and donations in FY2022 1st Half
  2. Implementation of the code of ethics in FY2022 2th Quarter
  3. Operation of fair trade compliance program in FY2022 1st Half
 Approved -
10-Aug-2022 Reported Matters
  1. Approval of investment in other corporation
  2. Approval of establishment of North American AI Lab
 - -
06-Oct-2022 Agenda Items
  1. Approval of selling the shares of an affiliate
 Approved -
17-Oct-2022 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract
  2. Approval of transactions with the largest shareholder
  3. Approval of addition of transaction limit with the largest shareholder (FY2022)

Reported Matters
  1. Report of Quality cost in FY2022 3rd Quarter
  2. Social outreach programs and donations in FY2022 3rd Quarter
  3. Implementation of the code of ethics in FY2022 3rd Quarter
 Approved -
27-Jan-2021 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2021)
  2. Approval of transaction limit with the largest shareholder (FY2021)
  3. Approval of transaction with affiliates
  4. Approval of financial transaction with financial affiliates by contract
  5. Approval of capital increase of affiliate

Reported Matters
  1. FY2020 social outreach programs and donations
  2. Implementation of the code of ethics in FY2020 4th Quarter
  3. Operation of fair trade compliance program in FY2020 2nd Half
  4. Establishment of China Hydrogen Business Corporation
 Approved -
22-Mar-2021 Agenda Items
  1. Appointment of the chairman of the Sustainability Management Committee

Reported Matters
  1. Report on safety and health plans
 Approved -
22-Apr-2021 Agenda Items
  1. Approval of transaction with affiliates
  2. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Social outreach programs and donations in FY2021 1th Quarter
  2. Implementation of the code of ethics in FY2021 1th Quarter
  3. ESG response and progress in 2021
 Approved -
22-Jul-2021 Agenda Items
  1. Approval of transaction with affiliates
  2. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Social outreach programs and donations in FY2021 1st Half
  2. Implementation of the code of ethics in FY2021 2th Quarter
  3. Operation of fair trade compliance program in FY2021 1st Half
 Approved -
27-Oct-2021 Agenda Items
  1. Approval of change of transaction between directors and affiliates (FY2021)
  2. Approval of change of transaction limit with the largest shareholder (FY2021)
  3. Approval of transactions with the largest shareholder, etc.
  4. Approval of transaction with affiliates
  5. Approval of financial transaction with financial affiliates by contract

Reported Matters
  1. Social outreach programs and donations in FY2021 3rd Quarter
  2. Implementation of the code of ethics in FY2021 3rd Quarter
  3. Kia ESG Operation Status in 2021
  4. health and safety promotion status in 2021
  5. UAM business status
 Approved -
09-Dec-2021 Agenda Items
  1. Approval of investment in affiliates
  2. Approval of insider transactions with affiliates
  3. Approval of the transaction additional company between directors and the company

Reported Matters
  1. Purple M Business Status
 Approved -
Activities of the Sustainability Management Committee in 2025
Date Agenda Items / Reported Matters Whether
approved		 Remarks
23-Jan-2025 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2025)
  2. Approval of transaction limit with the largest shareholder (FY2025)
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2024 social outreach programs and donations
  2. Implementation of the code of ethics in FY2024 4th Quarter
  3. Operation of fair trade compliance program in FY2024 4th Quarter
  4. Report on safety and health plans in FY2025
  5. Report on Strategies for Strengthening Composite Material Capabilities
 -
14-Mar-2025 Agenda Items
  1. Appointment of Shareholder Rights Protection Committee Member
 Approved -
25-Apr-2025 Agenda Items
  1. Approval of contribution to an affiliate
  2. Approval of Internal Transactions with affiliate
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. 2025 ESG Plan
  2. FY2025 social outreach programs and donations
  3. Implementation of the code of ethics in FY2025 1st Quarter
  4. Operation of fair trade compliance program in FY2025 1st Quarter
 -
25-Jul-2025 Agenda Items
  1. Approval of Large-Scale Internal Transactions
  2. Approval of HMGC Share Transactions
  3. Approval of Transactions with Affiliate Companies
  4. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2025 1st Half social outreach programs and donations
  2. Implementation of the code of ethics in FY2025 2nd Quarter
  3. Operation of fair trade compliance program in FY2025 2nd Quarter
  4. Report on current status of safety and health activities in FY2025
 -
Activities of the Sustainability Management Committee in 2024
Date Agenda Items / Reported Matters Whether
approved		 Remarks
25-Jan-2024 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2024)
  2. Approval of transaction limit with the largest shareholder (FY2024)
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2023 social outreach programs and donations
  2. Implementation of the code of ethics in FY2023 4th Quarter
  3. Operation of fair trade compliance program in FY2023 2nd Half
  4. Report on safety and health plans in FY2024
 -
15-Mar-2024 Agenda Items
  1. Appointment of chairman of Sustainability management Committee
 Approved -
26-Apr-2024 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. 2024 ESG Plan
  2. FY2024 social outreach programs and donations
  3. Implementation of the code of ethics in FY2024 1th Quarter
 -
03-Jun-2024 Agenda Items
  1. Approval of large-scale internal transaction(42 dot capital increase)
 Approved -
26-Jul-2024 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2024 1st Half social outreach programs and donations
  2. Implementation of the code of ethics in FY2024 2nd Quarter
  3. Operation of fair trade compliance program in FY2024 1st Half
  4. Report on current status of safety and health activities in FY2024
 -
25-Oct-2024 Agenda Items
  1. Approval of changement of transaction limit between directors and affiliates (FY2024)
  2. Approval of changement of transaction limit with the largest shareholder (FY2024)
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Social outreach programs and donations in FY2024 3rd Quarter
  2. Implementation of the code of ethics in FY2024 3rd Quarter
  3. Social outreach programs and donations in FY2024 3rd Quarter
 -
03-Dec-2024 Agenda Items
  1. Approval of Large-Scale Internal Transactions
  2. Approval of Changes in Transactions with Major Shareholders and Others
  3. Approval of Transactions with Major Shareholders and Others
 Approved -
Reported Matters
  1. Report on Participation in Hyundai Motor Securities' Paid-in Capital Increase
 -
Activities of the Sustainability Management Committee in 2023
Date Agenda Items / Reported Matters Whether
approved		 Remarks
27-Jan-2023 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2023)
  2. Approval of transaction limit with the largest shareholder (FY2023)
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2022 social outreach programs and donations
  2. Implementation of the code of ethics in FY2022 4th Quarter
  3. Operation of fair trade compliance program in FY2022 2th Half
  4. Report on safety and health plans in 2023
  5. Report on establishment plan of Guangzhou joint stock company
-
15-Fed-2023 Reported Matters
  1. Report on used car certification business progress
 - -
17-Mar-2023 Agenda Items
  1. Approval of additional transaction between directors and affiliates (FY2023)
 Approved -
25-Apr-2023 Agenda Items
  1. Approval of participation in capital increase of other corporation
  2. Approval of participation in capital increase of an affiliate
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Mid- to long-term ESG strategy
  2. Social outreach programs and donations in FY2023 1th Quarter
  3. Implementation of the code of ethics in FY2023 1th Quarter
 -
27-Jul-23 Agenda Items
  1. Approval of internal transactions with affiliates
  2. Approval of contribution to an affiliate
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2023 1st Half social outreach programs and donations
  2. Implementation of the code of ethics in FY2023 2nd Quarter
  3. Operation of fair trade compliance program in FY2023 1st Half
 -
30-Aug-23 Reported Matters
  1. Membership status of The Federation of Korean Industries
 - -
27-Oct-23 Agenda Items
  1. Approval of changes of transaction limit between directors and affiliates (FY2023)
  2. Approval of changes of transaction limit with the largest shareholder (FY2023)
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Major industrial accidents and safety enhancement plan
  2. Social outreach programs and donations in FY2023 3rd Quarter
  3. Implementation of the code of ethics in FY2023 3rd Quarter
 -
Activities of the Sustainability Management Committee in 2022
Date Agenda Items / Reported Matters Whether
approved		 Remarks
26-Jan-2022 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2022)
  2. Approval of transaction limit with the largest shareholder (FY2022)
  3. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. FY2021 social outreach programs and donations
  2. Implementation of the code of ethics in FY2021 4th Quarter
  3. Operation of fair trade compliance program in FY2021 2th Half
  4. Report on safety and health plans in 2022
 -
28-Jan-2022 Agenda Items
  1. Approval of changes to internal transactions with affiliates
 Approved -
25-Fed-2022 Agenda Items
  1. Appointment of the chairman of the Sustainability Management Committee
 Approved -
Reported Matters
  1. 2022 Investor Day held
 -
29-Mar-2022 Agenda Items
  1. Appointment of a member in charge of protection of shareholder rights
 Approved -
25-Apr-2022 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Social outreach programs and donations in FY2022 1th Quarter
  2. Implementation of the code of ethics in FY2022 1th Quarter
  3. 2022 ESG Promotion Plan
 -
22-Jul-2022 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Social outreach programs and donations in FY2022 1st Half
  2. Implementation of the code of ethics in FY2022 2th Quarter
  3. Operation of fair trade compliance program in FY2022 1st Half
 -
10-Aug-2022 Reported Matters
  1. Approval of investment in other corporation
  2. Approval of establishment of North American AI Lab
 - -
06-Oct-2022 Agenda Items
  1. Approval of selling the shares of an affiliate
 Approved -
17-Oct-2022 Agenda Items
  1. Approval of financial transaction with financial affiliates by contract
  2. Approval of transactions with the largest shareholder
  3. Approval of addition of transaction limit with the largest shareholder (FY2022)
 Approved -
Reported Matters
  1. Report of Quality cost in FY2022 3rd Quarter
  2. Social outreach programs and donations in FY2022 3rd Quarter
  3. Implementation of the code of ethics in FY2022 3rd Quarter
 -
Activities of the Sustainability Management Committee in 2021
Date Agenda Items / Reported Matters Whether
approved		 Remarks
27-Jan-2021 Agenda Items
  1. Approval of transaction between directors and affiliates (FY2021)
  2. Approval of transaction limit with the largest shareholder (FY2021)
  3. Approval of transaction with affiliates
  4. Approval of financial transaction with financial affiliates by contract
  5. Approval of capital increase of affiliate
 Approved -
Reported Matters
  1. FY2020 social outreach programs and donations
  2. Implementation of the code of ethics in FY2020 4th Quarter
  3. Operation of fair trade compliance program in FY2020 2nd Half
  4. Establishment of China Hydrogen Business Corporation
 -
22-Mar-2021 Agenda Items
  1. Appointment of the chairman of the Sustainability Management Committee
 Approved -
Reported Matters
  1. Report on safety and health plans
 -
22-Apr-2021 Agenda Items
  1. Approval of transaction with affiliates
  2. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Social outreach programs and donations in FY2021 1th Quarter
  2. Implementation of the code of ethics in FY2021 1th Quarter
  3. ESG response and progress in 2021
 -
22-Jul-2021 Agenda Items
  1. Approval of transaction with affiliates
  2. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Social outreach programs and donations in FY2021 1st Half
  2. Implementation of the code of ethics in FY2021 2th Quarter
  3. Operation of fair trade compliance program in FY2021 1st Half
 -
27-Oct-2021 Agenda Items
  1. Approval of change of transaction between directors and affiliates (FY2021)
  2. Approval of change of transaction limit with the largest shareholder (FY2021)
  3. Approval of transactions with the largest shareholder, etc.
  4. Approval of transaction with affiliates
  5. Approval of financial transaction with financial affiliates by contract
 Approved -
Reported Matters
  1. Social outreach programs and donations in FY2021 3rd Quarter
  2. Implementation of the code of ethics in FY2021 3rd Quarter
  3. Kia ESG Operation Status in 2021
  4. health and safety promotion status in 2021
  5. UAM business status
 -
09-Dec-2021 Agenda Items
  1. Approval of investment in affiliates
  2. Approval of insider transactions with affiliates
  3. Approval of the transaction additional company between directors and the company
 Approved -
Reported Matters
  1. Purple M Business Status
 -

Activities to Protect Shareholder Rights and Interests

Foreign Investor Governance NDR

Purpose of Implementation : To enhance our corporate governance framework and to incorporate insights from global investors.

When

The table of Activities to Protect Shareholder Rights and Interests
When In charge Area Investor Remarks
September 2024 Jennifer Hyunjong Shin
(external director/in charge of shareholder value protection)		 Asia
(Hong Kong)		 · Schroders
· APG
· BlackRock
· JP Morgan
· UBS Asset 		-
November 2019 Sang-Koo Nam
(external director/in charge of shareholder value protection)		 Asia
(Hong Kong)		 · BlackRock
· Sumitomo Mitsui Trust
· RBC Investment
· Pinebridge 		-
August 2018 Sang-Koo Nam
(external director/in charge of shareholder value protection)		 USA
(Boston, New York)		 · Polaris Capital Management
· Boston Partners
· Atlantic Investments Management
· Archegos Capital Management 		-
November 2017 Sang-Koo Nam
(external director/in charge of shareholder value protection)		 UK
(London)		 · Nomura Asset Management
· Edgbaston Investment Partners
· Polar Capital Partners
· M&G Investment Management 		-
August 2016 Sang-Koo Nam
(external director/in charge of shareholder value protection)		 Asia
(Singapore)		 · Wellington Management
· Institutional Shareholder Services
· APG Asset Management
· Morgan Stanley
· GIC 		-

※ Since 2016, the Company has conducted an annual governance NDR to engage with overseas investors.
However, the program was suspended from 2020 to 2023 due to the impact of COVID-19 pandemic.