HYUNDAI GFHOLDINGS

Dividend Information
Category	54th (2021year)	53th (2020year)	52th (2019year)	51th (2018year)	50th (2017year)
Total dividend (KRW 1 million)	18,334	18,334	18,334	18,334	6,985
Dividend type	Cash dividend	Cash dividend	Cash dividend	Cash dividend	Cash dividend
Consolidated dividend payout ratio(%)	42.1	25.8	33.5	17.8	6.2
Separate dividend payout ratio(%)	30.2	48.6	29.7	22.6	6.9
Dividend rate(%)	2.5	2.4	1.8	1.5	0.5
Dividend per share	210	210	210	210	80

※ The face value of shares of the company is KRW 500/share.

Below is our dividend policy plan to enhance shareholder values, such as dividend stability and predictability.

1.Dividend criteria

Maintaining a dividend payout ratio of 20% or higher (excluding non-current income and loss; based on consolidated financial statements)

2.Policy application period

3 years (business years 2021–2023)

3.Minimum dividend per share

KRW 210

This dividend policy has been established to provide stable and predictable dividends by setting the minimum dividend per share and excluding non-current income and loss.
We set the policy duration to three years (business years 2021–2023) to enhance the predictability for shareholders.
This policy will be reviewed after this period to reflect changes in the business environment.
The dividend policy above is subject to change depending on the business environment and market conditions.
Link to original disclosure : Open

HYUNDAI GF HOLDINGS