CUA en eee TT Seonanam-si, Gyeonggi-do, Republic of Korea aD estes } HYUNDAI cenune Reference no: — HG-2023-01-11-0001 Date: Jan 11, 2023 Title: Parts Pricing Adjustment Dear valued dealers, Please be advised that there will be pricing adjustment applied starting from 1 Feb 2023. This adjustment is due to the drastic surge in costs for the raw materials and logistics. ‘As much as we try to bear the pressure of increasing costs at HQ and not shift this onto our dealers, it’s inevitable to share a certain portion of burden to maintain healthy environment for our aftermarket business. We will keep striving to minimize price increases by making full efforts in operational optimization and supply chain efficiency. We appreciate your kind understanding and cooperation. Sincerely Yours, Chihyung Park Team Leader, Aftermarket Business Team HYUNDAI GENUINE CO., LTD. HYUNDAI Hyundal Connect - digital technology connecting people, equipment, and worksites Comeau for a smarter, safer world. PRINT 2029-01-17 1490/2 2900861