Hyundai Mobis Corrects Share Cancellation Decision Reflecting Actual Buyback Completion

Hyundai Mobis corrected its share cancellation decision announced on April 24, 2026, reflecting the actual 911,998 treasury shares acquired at a total cost of approximately 500 billion KRW.
After cancellation, the total number of common shares outstanding will decrease from 90,732,583 to 89,820,585, a reduction of about 1.005%, enhancing existing shareholder value without dilution.
The cancellation is within distributable profits via board resolution with no capital reduction, part of the mid-to-long-term shareholder return policy.
[AI Summary]The adjustment slightly lowers the cancellation scale but maintains the shareholder value enhancement goal. The voluntary 1% cancellation signals positive corporate value management and supports share price stability.