4 q18 hcs_presentation_web_eng_190326

1. 2018
Earnings Release

2. These presentation materials have been prepared by Hyundai Capital Services., Inc. (“HCS”
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.
Disclaimer

3. 2018 Hyundai Capital Summary 2
 Enhanced Position in Auto Finance Market
with Stronger Product Competitiveness
 Improved Non-Auto Asset Quality
with Tighter Risk Management
 HCA Turnaround
and Full-scale Growth in New Global Entities
New Car & Lease/Rent penetration rate
46.5% vs 43.2% (2017)
Personal Loan prime mix
58.2% vs 49.2% (2017)
Global business total income
94.1BN KRW vs 96.0BN KRW (2017)

4. 11.6 12.0
13.0
4.0
4.2
4.5
1.3
1.4
1.616.9TN
17.7TN
19.1TN
2016 2017 2018
New Car
 Improved position thru continuous Captive marketing
 Greater UW efficiency and product competitiveness
via digitalization
Lease/Rent
Used Car
Auto
+8.2%
Enhanced Position in Auto Finance Market with Stronger Product Competitiveness
44.3%
43.2%
46.5%
2016 2017 2018
Captive
pen rate①
367 284 221
43.2%
72.1%
2016 2017 2018
Digital
usage%
UW
headcount
① # of cars booked with HCS New Car∙Lease/Rent / # of new cars feasible to book
Captive Market
(service not
launched)
Auto portfolio
3

5. 4
2.1 2.4 2.7
2.5
3.0
3.7
1.1
1.4
1.4
5.6TN
6.8TN
7.9TN
2016 2017 2018
Personal Loan
 Tightened cut-off and collection as quality worsened
industry-wide
 Prime customer① centered Non-Auto expansion
Mortgage
Corporate, etc.
Non-Auto
+16.2%
Improved Non-Auto Asset Quality with Tighter Risk Management
30+%
Risk Management
 P-Loan focused on X-sell to prime Auto customers
 Mortgage focused on low-LTV, apartments
X-sell mix
39.4%
44.7%
52.1%
2016 2017 2018
2.05% 2.10% 2.13% 2.20%
2.11%
4Q17 1Q18 2Q18 3Q18 4Q18
Apr, detected ext/internal
abnormal symptoms
Aug, declared entry to
credit crisis
① Customers with NICE CB grades 1~4
78.3% 80.7% 81.6%
Prime mix
Non-Auto portfolio

6. 5
(0.1BN KRW) 2016 2017 2018 YoY
Assets 22.6TN 24.5TN 27.0TN 10.4%
Op. revenue①
25,860 26,341 28,218 7.1%
Op. expense②
22,435 23,061 24,761 7.4%
Bad debt expense 2,954 3,175 3,929 23.7%
SG&A 7,265 7,522 7,680 2.1%
Op. income 3,433 3,237 3,474 7.3%
Non-op. income 602 773 680 -12.0%
Equity method
income
558 689 608 -11.8%
IBT 4,035 4,009 4,155 3.6%
Net income 3,007 2,999 3,113 3.8%
ROA③
1.4% 1.3% 1.2% 0.1%p
①, ② Excluding FX and derivatives effect ③ Net income/average balance of assets
Summary of Financial Statement
Key Figures
Financial Index
 Capital: Regulatory (10x) & internal (8x) policy
compliant
 Liquidity: Long/short-term stress test result applied
 Maturity: Tighter liabilities management to meet
internal guideline
6.7x 7.0x 7.4x
2016 2017 2018
134.9%
154.2%
134.8%
2016 2017 2018
1.3 2.0 1.7
3.2 3.3 3.5
4.5TN 5.3TN 5.2TN
2016 2017 2018
Leverage
Cash
Credit line
ALM

7. US
HCA
China
BHAF
Canada
HCCA
Germany
HCBE
2018
Highlights
Successful
turnaround
Stronger
OEM collaboration
Constant
stable growth
Turned black
Drove
JV transformation
Assets
(BN)
[USD] [RMB] [GBP] [CAD] [EUR]
IBT
(MM)
2019
Strategy
- Reduce Lease
- Stabilize delq rate
- Establish Lease co.
- Diversify funding
- Widen profit source
(Used, Rent, etc.)
- Diversify product - Stabilize operation
31.3 31.4 30.6
2016 2017 2018
25.4 24.3 23.7
2016 2017 2018
1.6 1.8 2.1
2016 2017 2018
1.2 1.5 1.6
2016 2017 2018
UK
HCUK
0.3
0.6
2016 2017 2018
102 102 141
2016 2017 2018
743 965 757
2016 2017 2018
31 35 40
2016 2017 2018
10
2016 2017 2018 2016 2017 2018
6HCA Turnaround and Full-scale Growth in New Global Entities
-23 -18-15 -3

8. 7
 Global Risk Band
Business Model
Efficient Global Entity Management based on a Unified Policy
Global One Company
Standard by Model Example (HCA)
Supermarket Specialty Store Franchiser 2017
Product
Retail : Lease
New : Used
Retail pen rate
Wholesale pen rate
Insurance pen rate
60:40
90:10
50%
35%
35%
90:10
100:0
50%
50%
30%
80:20
75:25
50%
95%
35%
42:58
98:2
54%
19%
30%
Funding
Bank : bond : ABS
Leverage (D/E)
6M Coverage
30:30:40
8~9x
100%
60:20:20
5~9x
100%
50:0:50
8~9x
100%
21:31:48
7.6x
104%
Risk
30+
Bad debt expense
RV loss
1.5%
0.8%
0.5%
0.6%
0.5%
-
0.3%
0.5%
0.5%
2.1%
1.2%
0.9%
Profit
OPEX
ROA
1.0%
1.2%
2.0%
2.5%
1.5%
1.5%
1.3%
0.3%
Operation
Approval rate
(Automatic approval)
Call abandon rate
IVR①
utilization rate
Collection rate
Upstream rate②
80%
(60%)
4.5%
50%
65%
50%
95%
(80%)
3.0%
50%
85%
50%
90%
(75%)
3.0%
50%
65%
50%
70%
(50%)
4.5%
46%
64%
50%
Band
USA China UK Canada Germany Korea
FICO AS Delphi FICO Schufa NICE
Good 747 ↑ 649 ↑ 797 ↑ 713 ↑ H01 ~ H06 783 ↑
Normal 653 ~ 746 648 ↓ 796 ↓ 712 ↓ H07 ~ H10 782 ↓
Risky 652 ↓
Average bad rate (%): Good 0.3, Normal 2.9, Risky 11.6
Band US (8) Canada (9) Korea (13)
SEB
Senior
Executive
CEO - VP or above
EB Executive SVP, VP, Director CEO, SVP, VP Director
MB Team Head Sr. manager Sr. director General manager
LPB
Broad
task owner
Manager
Sr. manager,
Manager
Dept manager,
Manager
PB
Individual
task owner
Sr. analyst Sr. analyst
Assistant
manager
APB
Simple
task owner
Analyst Analyst Staff
 Global Career Band
① Interactive Voice Response
② Upstream: Returned lease vehicles bought by customer/dealer or online auction

9. 2019 Hyundai Capital Business Strategy
Business Environment Strategy Direction
8
 Focus on profitability vs. size expansion
- Enhance business efficiency
by improving fundamentals and digital process
 Maintain conservative risk stance
- Keep ’18-level stance and
prevent additional deterioration thru monitoring
 Expand global presence
- Widen Captive finance coverage
(Brazil, China Lease company, etc.)
 Tighten capital management
of HMG financial affiliates
- Plan to manage capital adequacy
of all financial affiliates as the head company
Continued
unfavorable
regulations
Sluggish
car sales
Greater
credit risk
 Growth limited by regulation on
total household debt amount
 Enforcement of Comprehensive
Supervision on Financial Groups
 Special consumption tax benefit ends
(~June’19)
 Sales slowdown in key markets
(US, China, etc.)
 Less market liquidity and polarized
household income
 More defaults of individual biz from
minimum wage increase, etc.

10. Appendix

11. ①, ② Excluding FX and derivatives effect
10
(BN KRW) 2016 2017 2018
Operating revenue①
2,586.0 2,634.1 2,821.8
Income on loans 944.3 940.0 981.6
Income on installment 487.9 479.2 528.3
Income on leases 873.0 933.6 1,004.3
Gain on sale of loans 105.9 96.3 101.0
Operating expense②
2,243.5 2,306.1 2,476.1
Interest expenses 585.8 539.5 573.7
Lease expenses 554.1 601.1 641.1
Bad debt expenses 295.4 317.5 392.9
Loss on sale of loans - - 11.9
SG&A 726.5 752.2 768.0
Operating income 343.3 323.7 347.4
Non-OP income 60.2 77.3 68.0
Equity method income 55.8 68.9 60.8
IBT 403.5 400.9 415.5
Net income 300.7 299.9 311.3
(BN KRW) 2016 2017 2018
Assets 25,157.4 27,608.1 30,528.3
Cash and deposits 1,469.6 2,131.8 1,731.1
Securities 525.5 600.1 671.6
Loans receivables 8,689.4 9,656.9 9,777.5
Installment assets 9,296.5 10,040.9 12,081.9
Lese receivables 2,384.0 2,423.4 2,578.1
Leased assets 1,773.1 1,899.8 2,012.6
Property and
equipments
270.5 260.8 242.7
Liabilities 21,371.8 23,538.7 26,371.5
Borrowings 20,077.6 22,015.0 24,288.3
Other liabilities 1,294.2 1,523.7 1,363.8
Equity 3,785.6 4,069.5 4,156.9
Capital 496.5 496.5 496.5
Capital surplus 406.3 408.3 408.3
Accumulated other
comprehensive loss
-61.1 -38.2 -146.6
Retained earnings 2,936.3 3,164.1 3,364.9
Non-controlling interests 7.6 38.8 32.6
1. Financial Statement
Consolidated Income Statement Consolidated Statement of Financial Position

12. 2. Key Figures 11
(BN KRW/
MM USD, RMB, GBP, CAD, EUR) 2016 2017 2018
Product assets 22,568.0 24,491.1 27,035.8
Auto 16,948.2 17,676.0 19,120.0
New car fin. 11,563.6 12,039.4 12,981.0
Lease/rent 4,041.6 4,230.4 4,543.2
Used car fin.①
1,343.0 1,406.3 1,595.8
Non-Auto 5,619.8 6,815.0 7,915.7
Personal loan 2,094.5 2,407.4 2,736.0
Mortgage 2,457.4 3,045.6 3,739.7
Corporate fin. 813.1 1,017.6 1,046.8
Others 254.7 344.5 393.3
Product
assets
(Overseas)
US (HCA) 31,316.0 31,440.1 30,606.6
China (BHAF) 25,406.7 24,319.0 23,737.3
UK (HCUK) 1,622.7 1,849.7 2,089.4
Canada (HCCA) 1,164.1 1,499.9 1,631.7
Germany (HCBE) - 261.8 566.2
(BN KRW) 2016 2017 2018
Quality 30+ DQ ratio 2.06% 2.05% 2.11%
NPL ratio 2.7% 2.3% 2.8%
Total provision
/30+ assets
158.2% 155.6% 157.7%
Leverage②
6.7x 7.0x 7.4x
Total assets 25,048.6 27,136.5 29,634.6
Total capital
(previous quarter)
3,724.5 3,890.4 3,990.6
Funding③
19,942.5 22,076.8 24,446.7
Domestic 14,323.8 16,220.5 18,657.7
Overseas 5,618.7 5,856.3 5,789.0
Liquidity④ ALM 134.9% 154.2% 134.8%
Liability maturity 2.0Y 2.3Y 2.2Y
Asset maturity 1.5Y 1.5Y 1.7Y
Liquidity 4,543.2 5,341.1 5,191.9
Cash 1,339.0 2,016.1 1,710.4
Credit Line 3,204.2 3,325.0 3,481.5
② Based on separate financial statement ③, ④ Managed basis
① Purchasing funds only
(Total used car asset is 2.3TN, including lease and collateral loans)