Hyosung Advanced Materials : New Facility Investment, etc.

New Facility Investment, etc.

1. Type of investment	Expansion of facilities
- Object of investment	Expansion of the carbon fiber production line at Jeonju Plant
2. Details of investment	Investment amount (KRW)	46,949,843,480
Equity capital (KRW)	381,110,809,280
Ratio to equity capital (%)	12.32
Classified as a large-sized corporation?	Yes
3. Purpose of investment	Expansion following the increased demand for eco-friendly products, such as high pressure containers for hydrogen and CNG and solar thermal insulation materials
4. Investment period	Start date	2022-03-02
End date	2023-04-02
5. Date of board resolution (decision date)	2022-03-02
- Attendance of outside directors	Present (No.)	-
Absent (No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	-
6. Withholding of disclosure	Reasons for withholding disclosure	-
Withholding period	-
7. Other matters to be factored into investment decisions	- Regarding the expansion of the production line at the Company's carbon fiber production plant in Jeonju, the production capacity will increase from 6,500 tons to 9,000 tons per year after the expansion. - The amount of investment above may change depending on the progress of the investment and changes in the management environment - The equity above is based on the consolidated audit report as of the end of December 20. - The start date of the investment period above is based on the date of resolution by the Management Committee, and the end date, scheduled to be thirteen months from the start date, is subject to change during the investment process. - The date of board resolution (date of decision) above is the date of resolution by the Management Committee.
※ Related disclosure	-