Hyundai Capital Services reported financial results for the first three quarters of 2017. Total assets grew 7.7% year-over-year to 26.9 trillion won due to increases in auto and non-auto financing. Net income declined 18.2% to 226.8 billion won due to lower operating income and higher bad debt expenses, despite increases in non-operating income. Asset quality improved with the 30+ day delinquency ratio stable at 2.0% and reserves exceeding regulatory requirements. Overseas operations continued expanding in existing markets like the U.S. and U.K.

1. 3Q17
Earnings Release

2. Disclaimer
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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. 15,754 16,945 16,949 17,447
4,569
4,867 5,619
6,481
20,323
21,812 22,568
23,928
2014 2015 2016 9M17
Auto Non-auto Auto
• Enhanced competitiveness through OEM co-marketing
(New car installment lowest APR 3.3% vs. Competitor 3.5%)
• Mobile Smart Auto Program introduced
(UW process simplified to 2 steps ‘credit check – confirmation’
from 9)
Non-auto
• P-loan : Penetrate into mid-tier market with X-Sell base
(Introduced Auto club/Change, CB 1-4 ratio 1Q 31%→3Q 41%)
• Mortgage : Stable growth despite regulations
(Risk hedged thru Insurance, Lowered APR, UW improvement)
• Corp. Financing : Sales increase based on secured loans
(Prime Corp, mostly asset-backed, conservative risk policy)
2
2014 2015 2016 9M17 v 2016
New Car 10,472 11,552 11,564 11,963 3.5%
Lease 3,818 3,997 4,042 4,126 2.1%
Used Car 1,464 1,396 1,343 1,358 1.1%
P-loan 2,162 2,061 2,094 2,311 10.3%
Mortgage 1,745 1,836 2,457 2,905 18.2%
Corporate 350 597 813 969 19.1%
Others 312 373 255 296 16.2%
Asset
Asset Portfolio Performance Review
(unit: bn KRW)
(unit: bn KRW)
Source: Financial Receivables

4. 2015 2016 9M16 9M17 YoY
Operating revenue①
2,601.7 2,586.0 1,970.7 1,924.9 -2.3%
Operating expenses②
2,265.6 2,243.5 1,645.7 1,685.7 2.4%
Interest expenses 649.1 585.8 449.1 402.1 -10.5%
SG&A 744.4 726.5 524.3 554.1 5.7%
Bad debt expenses 307.2 295.4 198.3 221.4 11.6%
Operating income 339.1 343.3 323.2 236.9 -26.7%
Non-operating income 32.7 60.2 50.6 63.0 24.3%
Equity method
income
30.9 55.8 46.3 57.0 22.9%
Net income 276.7 300.7 277.1 226.8 -18.2%
ROA③ 1.3% 1.4% 1.7% 1.3% -0.4%p
3
Operating revenue
• Financial income maintained (excl. NPL disposal gain)
- NPL disposal gains trend
Operating expenses
• Despite liability increase, lower-cost refinanced
funding effect continued
• SG&A increase due to reinforced branding/promotion,
IT system depreciation
• BDE/Asset maintained at 1.3%
Non-operating income
• Stabilized overseas operation led to increase
- BHAF 46.9bn, HCUK 9.1bn
1Q 2Q 3Q 4Q Total
2016 2.8 80.6 14.6 7.9 105.9
2017 9.4 6.6 27.4 60.0(E) 103.4(E)
(unit : bn KRW)
Summary of Income Statement
(unit : bn KRW)
Profitability
① ② Excluding FX effects
③ 9M figures are annualized

5. 2.4%
1.9%
2.1% 2.0%
1.0%
0.7% 0.7% 0.7%
2014 2015 2016 9M17
30+ days DQ ratio New car 30+ days DQ ratio
4
440 465 529 549
334 254 208 194
774 719 737 743
110.6%
124.0% 124.0% 123.8%
2014 2015 2016 9M17
Allowance Reserve FSS coverage②
Delinquency Reserves
Asset Quality
① Assets written off at 7th time overdue → 8th time overdue
② (Allowance + Reserves) / FSS requirement
①
(unit: bn KRW)
Asset quality management
• Reinforced U/W led to asset quality improvement
Reserve policy
• Max of expected loss, incurred loss or FSS requirement
• Slight decease of FSS requirement coverage
- Reinforced FSS required allowance amount (‘17.06)

6. 5
2014 2015 2016 3Q17 v 2016
Total Asset 22,508 24,219 25,049 26,983 7.7%
Total Capital
(previous Q)
3,395 3,671 3,725 3,833 2.9%
6.6X 6.6X 6.7X 7.0X
2014 2015 2016 9M17
15.4% 14.9% 15.3% 15.1%
2014 2015 2016 9M17
*Regular dividend paid out in April ‘17 : 82.9bn (Dividend payout ratio : 27.6%)
Capital Structure
Leverage Capital Adequacy Ratio
Source: separate financial statement, according to FSS guidelines
(unit: bn KRW)
Capital adequacy management
• Manage under FSS regulations
: Leverage under 10X / CAR over 7%

7. Portfolio diversification
• Stable portfolio through product, maturity, currency
diversification
• [‘17.08] USD 900mm Global bond issued
(600mm/5yr, 300mm/10yr)
53.1%
22.7%
8.4%
5.4%
6.1%
4.3%
Domestic Bond Overseas Bond Domestic ABS
Overseas ABS Bank Loan CP & ST debt
1.9yr 2.0yr 2.0yr
2.4yr
132.2% 129.8%
134.9%
161.2%
2014 2015 2016 9M17
Debt maturity ALM ratio
KRW
21.9tn
(9M17)
6
Funding Position Maturity
Funding
Funding guidelines
• By product: ABS <20%, Short-term funding <10%
• ALM ratio: 100% or higher
Source: Internal sources

8. 1,375 1,551 1,339
2,234
2,524
2,712 3,204
3,204
3,899
4,263
4,543
5,438
2014 2015 2016 9M17
Cash Credit line
5,790 5,772
6,534 6,282
67.3% 73.9% 69.5%
86.6%
2014 2015 2016 9M17
Short-term debt Short-term debt coverage
7
Liquidity Position Short-term debt Coverage
Liquidity
(unit: bn KRW)(unit: bn KRW)
Liquidity management
• Satisfies Basel III liquidity coverage ratio
• Diversified credit lines by lender and tenor
Contingency framework
• Early warning and response system in place
• Daily monitoring of key market indicators
Source: Internal sources

9. (36.8tn KRW)
(82.0bn KRW)
(37.5bn KRW)
(135.9bn KRW)
(-2.5bn KRW)
(2.7tn KRW)
(3.9tn KRW)
(1.4tn KRW)
8
295.4
102.0
27.9
31.3 32.1
'15 '16 9M17
72.0
'15 '16 9M17
1.4 1.6 1.9
'15 '16 9M17
23.1
30.8 25.9
'15 '16 9M17
322.8
742.6
18.6
25.4 22.9
'15 '16 9M17 '15 '16 9M17
811.4
-2.9
-20.6
-15.0
0.5
1.2 1.5
'15 '16 9M17
'15 '16 9M17
USA
(HCA)
UK
(HCUK)
China
(BHAF)
Canada
(HCCA)
Germany
(HCBE)
Founded 1989.9 2012.2 2012.6 2014.4 2015.7
Shareholding
structure
HMA 80%
KMA 20%
HCS 30%
HMUK 10%
KMUK 10%
SCUK 50%
HCS 46%
HMC 7%
BHMC 14%
BAI 33%
HCS 20%
HMC 50%
KMC 30%
HCS 65%
HMC 20%
KMC 15%
Strategy
※ Brazil, Russia, India, Australia:
HCS advisories provide affiliate financing through domestic financiers
 Overseas Entities
Support HMC/KMC sales by providing captive financing
• 5 overseas financiers(US, UK, China, Canada, Europe)
• Target mutual growth of auto sales & financing
Global coverage expansion
• ‘17.01 Hyundai Capital Bank Europe (HCBE, Germany)
started full operation
• ‘17.05 Participation in 20% of HCCA ‘s shares
• Preparing additional financiers (India, Brazil)
Overseas Business
Source: Internal sources
* FX rate : Period-end rate for Receivables, Period-average rate for IBT applied
Overseas Performance
US
HCA
(USD)
UK
HCUK
(GBP)
China
BHAF
(RMB)
Canada
HCCA
(CAD)
Receivables (bn) IBT (mn)
Started Operation
(’14.12)

10. Item 2013 2014 2015 2016 9M17
Asset
Total 20.4tn 20.3tn 21.8tn 22.6tn 23.9tn
% of Auto asset 78.3% 77.5% 77.7% 75.1% 72.9%
Asset Quality
30+ days DQ ratio 2.7% 2.4% 1.9% 2.1% 2.0%
FSS requirement Coverage 102.3% 110.6% 124.0% 124.0% 123.8%
Capital
Structure
CAR①
15.1% 15.4% 14.9% 15.3% 15.1%
Leverage②
6.6X 6.6X 6.6X 6.7X 7.0X
Funding
Total 17.8tn 17.8tn 19.4tn 19.9tn 21.9tn
Bond 76.1% 78.2% 73.8% 72.7% 75.8%
Bank loan 8.5% 7.8% 6.4% 7.1% 6.1%
CP, Short-term debt 1.8% 1.1% 3.5% 1.5% 4.3%
ABS 13.6% 12.9% 16.3% 18.7% 13.8%
ALM
ALM ratio 142.0% 132.2% 129.8% 134.9% 161.2%
Asset maturity 1.4yr 1.5yr 1.5yr 1.5yr 1.5yr
Debt maturity 2.0yr 1.9yr 2.0yr 2.0yr 2.4yr
Appendix
9
① Separate financial statement
② Total asset(current period) / Total capital(previous period) as of 2013

11. Further Information
IR Homepage: http://about.hyundaicapital.com
IR email address: irhcs@hyundaicapital.com