This document provides an earnings summary for Hyundai Card for the first half of 2018. Key points include: - Total assets grew slightly year-over-year through expanding card loans under prudent risk management. - Operating revenue was stagnant due to credit purchase return rate regulations, while expenses improved through cost management. - Profitability declined from the prior year as operating income fell 43.7% and net income fell 40.8%. - Asset quality remained stable with conservative underwriting and provisioning at the highest levels. Capital levels complied with regulations.

1. 2018 1H
Earnings Release

2. Disclaimer
These presentation materials have been prepared by Hyundai Card Corporation., Ltd. (“HCC” or “the Company”), solely
for the use at this presentation. This presentation material may not be reproduced, redistributed or passed on, directly
or indirectly, to any other person or published, in whole or in part, for any purpose.
The Company has not taken measures to independently verify data contained in this material. No representations or warranties,
express or implied, are made as to, and no reliance should be placed on, the accuracy, fairness or completeness of the information
presented or contained in this presentation. This presentation should not be construed as legal, tax, investment or other advice.
Financial statements in this document have been prepared in accordance with K-IFRS. Other additional market information has
been sourced from the Company or from other external institutions. The information presented or contained in this presentation
is current as of the date hereof and is subject to change without notice and its accuracy is not guaranteed.
Certain information and statements made in this presentation contain “forward-looking statements.” Caution should be taken
with respect to such statements and you should not place undue reliance on any such forward-looking statements.

3. 7,613 8,290 8,748 8,633
4,067 4,075 4,334 4,536
11,680 12,365 13,082 13,169
2015 2016 2017 1H18
Members / Asset
2
Slight asset growth from expanding
card loan under prudent risk mgt
2015 2016 2017 1H18 v. 2017
Lump sum 4,806 5,311 5,378 5,346 -0.6%
Installment 2,807 2,980 3,370 3,287 -2.5%
Cash advance 827 855 847 793 -6.4%
Card loan 3,240 3,220 3,487 3,743 7.3%
• Asset portfolio (unit: BN KRW)
(unit: BN KRW)
Reinforced member acquisition and
retention for sustainable growth
6,684 6,793 7,160 7,426
2015 2016 2017 1H18
(unit: K members)
Normal
members
Credit
purchase M/S
(＋3.7%)
• Total assets• Members
Credit
purchase
Financial
business
(＋0.7%)
14.2% 14.4% 14.2%14.3%
① Low-cost CP, co-brand, ② CP, PSC, ③ HMC, KMC, Emart, etc. / Source: Product asset basis
• Acquisition
2016 2017 1H17 1H18 YoY
New
members
1,293 1,449 722 739 2.3%
(Low-cost
channel①
)
20.3% 36.5% 36.6% 35.8% -0.8%p
(High-cost
channel②
)
39.7% 22.8% 23.7% 12.2% -11.4%p
(PLCC
channel③
)
23.4% 21.2% 20.0% 33.9% 13.9%p
(unit: K members)

4. 3
2016 2017 1H17 1H18 YoY
Product asset 12.4TN 13.1TN 12.2TN 13.2TN 8.1%
Oper. revenue①
2,694.6 2,842.6 1,435.0 1,449.9 1.0%
Oper. expense②
2,456.7 2,597.5 1,268.6 1,358.6 7.1%
Card expense 1,234.3 1,372.3 675.0 712.0 5.5%
Bad debt
expense
246.2 233.2 112.2 135.6 20.9%
SG&A 677.7 717.2 343.2 364.9 6.3%
Oper. Income 249.2 258.7 172.9 97.3 -43.7%
Net income 190.0 191.6 130.8 77.4 -40.8%
Excluding
one-off effect③ 190.0 152.7 93.9 77.4 -17.6%
ROA④
1.6% 1.5% 2.2% 1.1% -1.1%p
2016 2017 1Q18 2Q18
Card expense
ratio⑤ 2.04% 2.03% 2.11% 1.95%
SG&A ratio⑥ 0.81% 0.78% 0.77% 0.74%
(unit: BN KRW)
Summary of Income Statement
 Operating revenue
: Stagnant return rate of credit purchase
due to regulations
※ +4.4% excluding one-off tax refund in ‘17
 Operating expense
: Improved vs. 1Q18 thanks to various
cost management actions
- Card expense: Enhanced efficiency of
acquisition and credit purchase promotion cost
- SG&A: Reduced controllable operating cost
①, ② Excluding FX and derivatives effect, ③ Net income excluding one-off tax refund in ’17, ④ Net income/average balance of product asset,
⑤ Card expense/credit purchase volume of individual customers, ⑥ SG&A/total volume
Profitability

5. ②
Asset Quality / Capital
4① Delinquency rate including unimproved re-aged loans, ② (Allowance+reserve)/FSS requirement
Stable quality from conservative U/W
policies and reserving at highest level
2015 2016 2017 1H18 v. 2017
Total
provision
623 643 697 733 5.2%
Allowance 256 284 297 396 33.4%
Reserve 367 359 400 337 -15.7%
FSS
Coverage
133.4
%
132.7% 132.2% 133.9% 1.8%p
0.55%
0.59% 0.62%
0.78%
0.78%
0.84% 0.84%
0.99%
2015 2016 2017 1H18
30+ DQ%
DQ%
incl. re-aged
①
5.4X
5.5X
5.4X
5.6X
2015 2016 2017 1H18
(unit: BN KRW)
2015 2016 2017 1H18 v. 2017
Total asset 13,311 14,515 15,413 15,691 1.8%
Total capital
(previous
quarter)
2,468 2,647 2,850 2,792 -2.0%
(unit: BN KRW)• Provision • Total asset and capital
FSS-compliant capital management
: Leverage 6X or below
• Leverage• Delinquency rate
- Leverage to be further improved with 300BN hybrid bond
issuance (July’18)

6. 77.3%
2.7%
14.5%
5.5%
채권 등
국내ABS
해외ABS
은행대출
Funding / Liquidity
5Source: Internal sources
Stable portfolio through
duration/product diversification
2015 2016 2017 1H18 v. 2017
Total funding 9,083 9,871 10,254 10,948 6.8%
Domestic 8,319 8,639 8,666 9,360 8.0%
Offshore ABS 764 1,232 1,588 1,588 0.0%
• Funding
2015 2016 2017 1H18 v. 2017
Total liquidity 1,488 2,605 2,515 2,917 16.0%
Cash 998 1,520 1,696 1,941 14.5%
Credit line 490 1,085 820 976 19.1%
Short-term
debt coverage
57.4% 67.7% 85.2% 89.6% 4.4%p
• Liquidity
Conservative policy with tighter mgt
on liabilities duration and liquidity
129.8%
122.7%
151.6%
141.4%
2015 2016 2017 1H18
(unit: BN KRW) (unit: BN KRW)
• ALM ratio• 1H18 funding mix
Bond, etc.
Domestic ABS
Offshore ABS
Bank loan

7. Governance Activity
- Evaluator : Korea Corporate Governance Service (KCGS)
- Purpose : Evaluation of corporate governance
- Target : Listed financial companies and financial companies applicable to the Act on Corporate Governance of Financial Institutions
- Method : Analysis of ’17 annual report on governance/remuneration structure and application of KCGS-designed evaluation model
2018 governance grade assigned to financial institutions
 Received highest grade ‘A’ among non-bank SCFB* firms
Grade Institution name (total 87 companies)
A (23)
S (0) -
A+ (3) Financial holding co. : KB Financial Holding, Shinhan Financial Holding, Hana Financial Holding
Other financial holding co. (2) : NH Financial Holding, Meritz Financial Holding
Insurance and others (5) : Lotte Insurance, Meritz Insurance, Meritz Securities, Korean Re, Hyundai
Marine & Fire Insurance
Banks and affiliates (15) : KB Bank, SC Cheil Bank, Kyongnam Bank, IBK, Citibank Korea, Jeonbuk
Bank, Jeju Bank, K Bank, Hana Bank, DGB Life Insurance, KB Life Insurance, KB Insurance, KB Card,
Shinhan Card, Hana Card
Non-bank SCFB firm (1) : Hyundai Card
Below (61) B+ (35), B (17), C (8), D (1)
• Governance grade given to financial institutions
6* SCFB : Specialized-credit Financial Business

8. Appendix : History of MDR Change
Enforced date Change Details Comment
2011
Jan Small merchant segment expanded
Add tax-exempt merchant/non-profit corp./local government,
6M grace period when excluded from segment
Mar Debit card MDR lowered 2 track : General (max 2.5→1.7%), mid (2.1~1.8→1.0%)
Apr Small merchant segment expanded Merchant w/ NTS* reported income <120MM
2012
Jan
Small merchant segment expanded
/ MDR lowered
Merchant w/ NTS reported income <200MM Special MDR↓ (2.1→1.8%)
Sep
Small merchant segment expanded
/ MDR lowered
Merchant w/ NTS reported income ≤200MM or card sales
≤150MM
Special MDR↓ (1.8→1.5%)
Dec New MDR scheme enforced MDR scheme reformed in line with amended SCFBA*
2013
Jan Regular update of small merchants Regular application of special MDR to small merchants
Jul Regular update of small merchants
Regular application of special MDR to small merchants and
1st
phased restoration
2014
Jan Regular update of small merchants
Regular application of special MDR to small merchants and
2nd
phased restoration
Jul Regular update of small merchants
Regular application of special MDR to small merchants and
3rd
phased restoration
2015 Jan
Regular update of small merchants
and new mid merchant segment
Regular application of special MDR to small merchants and
4th
phased restoration, first application of special MDR to
mid merchants (200MM<income≤300MM)
Small : Credit 1.5, debit 1.0%
Mid : Credit 2.0, debit 1.5%
2016
Jan
Regular MDR
adjustment/reduction
MDR unit cost re-calculated, MDR lowered for small/mid
merchants
Small : Credit 0.8, debit 0.5%
Mid : Credit 1.3, debit 1.0%
Jul
Regular update of special MDR
applied merchants
Increase rate restricted (1.5/1.8) on merchants excluded from
small/mid segment due to increased income
2017
Jan
Regular update of special MDR
applied merchants
Increase rate restricted (2.39) on merchants excluded from
small/mid segment due to increased income
Jul
Small/mid merchant segments
expanded
- Small : Merchant w/ NTS reported income <300MM
- Mid : Merchant w/ 300MM< NTS reported income ≤500MM
2018 Jan
Regular update of small/mid
merchants
Regular application of special MDR to small/mid merchants
(same as Jul'17)
*NTS : National Tax Service, *SCFBA : Specialized Credit Financial Business Act

9. Further Information
IR Homepage: http://about.hyundaicard.com
IR email address: irhcc@hcs.com