Mando : Changesof 30% or More in Salesor Profits/Losses(15% or More in the Case of Large-sized Corporations)

Report of Disclosure Revision

Revision Date

2022-03-17

1. Disclosure Documents in relation with Revision	Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-Scale Corporations)
2. Submission date of documents	2022-02-11
3. Reason for Revision	Changes to the details of the current fiscal year
4. Revised Information
information	before revision	after revision
2. Details of changes (thousand KRW) - Current fiscal Year	- Operating income 235,682,095 - Net income from continuing operation before income tax : 242,765,566 - Net income : 196,027,253	- Operating income 232,312,045 - Net income from continuing operation before income tax : 228,125,915 - Net income : 178,615,842
2. Details of changes (thousand KRW) - Amount increased/ decreased	- Operating income 146,980,764 - Net income from continuing operation before income tax : 237,568,265 - Net Income 182,165,816	- Operating income 143,610,714 - Net income from continuing operation before income tax : 222,928,615 - Net Income 164,754,405
2. Details of changes (thousand KRW) - Increase/ Decrease rate (%)	- Operating income 165.7 - Net income from continuing operation before income tax : 4,571.0 - Net Income: 1,314.2	- Operating income 161.9 - Net income from continuing operation before income tax : 4,289.3 - Net Income: 1,188.6
3. Financial status (thousand KRW) - Current fiscal Year	- Total assets: 5,729,085,307 - Total liabilities: 3,656,768,879 - Total shareholders' equity: 2,072,316,428 - Total shareholders' equity/Capital stock ratio (%): 4,413.21	- Total assets: 5,704,365,860 - Total liabilities: 3,660,109,900 - Total shareholders' equity: 2,044,255,960 ※ Total shareholders' equity/Capital stock ratio (%): 4,353.45
※ Related disclosure	2022-02-09 연결재무제표기준영업(잠정)실적(공정공시)	2022-02-11 Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-sized Corporations)
[Matters Related to the Controlling Company] - Current fiscal year	- Total shareholders' equity (excluding non-controlling shareholders' equity) (thousand KRW): 1,982,601,219 - Total shareholders' equity/Capital stock ratio (%) (excluding non-controlling shareholders' equity): 4,222.15	- Total shareholders' equity (excluding non-controlling shareholders' equity) (thousand KRW): 1,954,540,750 - Total shareholders' equity/Capital stock ratio (%) (excluding non-controlling shareholders' equity): 4,162.39

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Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-sized Corporations)

※ Note that this disclosure is stated by the concerned company, thus the details may be changed according to audit results. Refer to the disclosure "Submission of Audit Report" for finalized details.
1. Type of financial statements	Consolidated financial statements
2. Details of changes (KRW thou.)	Current fiscal year	Previous fiscal year	Amount increased/ decreased	Increase/ decrease rate (%)
- Sales (limited to amount of revenue according to sales of goods and services provided)	6,147,433,113	5,563,504,492	583,928,621	10.5
- Operating income	232,312,045	88,701,331	146,980,764	161.9
- Net income from continuing operation before income tax	228,125,915	5,197,300	237,568,265	4,289.3
- Net income	178,615,842	13,861,438	182,165,816	1,188.6
- Classified as a large-sized corporation?	Yes
3. Financial status (KRW thou.)	Current fiscal year	Previous fiscal year
- Total assets	5,704,365,860	4,938,346,285
- Total liabilities	3,660,109,900	3,228,765,246
- Total shareholders' equity	2,044,255,960	1,709,581,039
- Capital stock	46,957,120	46,957,120
- Total shareholders' equity/capital stock ratio (%)	4,353.45	3,640.73
4. Main causes for changes in sales or profits/losses amount	- Increase in sales and profit following the recovery in domestic and overseas demand for vehicles relative to the previous fiscal year (2020) - One-time labor cost (voluntary retirement) has been reflected for the previous fiscal year (2020).
5. Date of board resolution (decision date)	2022-02-09
- Attendance of outside directors	Present (No.)	4
Absent (No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	-
6. Other matters to be factored into investment decisions
- The information above is interim operational results on a consolidated basis prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). - The performance forecast above has been provided for the convenience of investors before a full review by an external auditor. As such, please be aware that differences may arise from the actual results.
※ Related disclosure	2022-02-11 Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-sized Corporations)

[Matters Related to Parent Company]

Category	Financial statements	Current fiscal year	Previous fiscal year
Total shareholders' equity (excluding non-controlling shareholders' equity)	Consolidated financial statements	1,954,540,750	1,637,469,782
Total shareholders' equity/capital stock ratio(%) (excluding non-controlling shareholders' equity)	Consolidated financial statements	4,162.39	3,487.16
Sales amount (limited to amount of revenue according to sales of goods and services provided) (KRW thou.)	Non-consolidated financial statements	2,895,766,690	3,009,765,572