The document provides an overview of Hyundai Capital Services' financial results for the first quarter of 2015, including a moderate increase in assets focused on auto products, improved profitability from lower bad debt and interest expenses, and stable asset quality and capital levels maintained within regulatory guidelines. Key strategies mentioned include reinforcing auto sales and financing, pre-occupying the personal lease market, and sustaining strong risk management.

1. 1Q15 Investor Presentation
Hyundai Capital Services

2. 1
Disclaimer
These presentation materials have been prepared by Hyundai Capital Services, Inc.(“HCS”), solely for the use at this presentation and have not
been independently verified. 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. Neither the Companies nor any of theirs
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“plan,” “planning,” “planned,” “project,” “trend,” and similar expressions. All forward-looking statements are the Companies’ current
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3. 2
Asset
Asset Portfolio Key Highlights
• Moderate asset increase with focus on auto products
- Reinforce OEM co-marketing to increase car sales and financing
- Pre-occupy personal lease market
11.0 10.5 10.5 10.4
3.8 4.0 3.8 3.9
1.4 1.5 1.5 1.4
2.0 2.1 2.2 2.1
1.6 1.8 1.7 1.7
0.5 0.5 0.7 0.7
20.3 20.4 20.3 20.2
2012 2013 2014 1Q15
New car finance Lease Used car
Personal loan Mortgage Others
(Unit: KRW tn)
① New car finance, Lease, Used car
Auto related
asset① 79.9% 78.3% 77.5% 77.7%
• Maintaining the largest asset size in the industry
• Stable and auto driven asset portfolio
Outlook & Strategy

4. 3
Profitability
Income statement
(Unit: KRW bn)
Key Highlights
Outlook & Strategy
• Decrease in operating revenue
- Decline in product price due to prolonged low interest period
• Operating expense decreased
- Decrease in bad debt expense from asset quality improvement
- Decrease in interest expense
• Non-operating item(One-offs )
- Loss on equity disposal in 1Q14 (KRW 27.7bn)
• Operating income improvement with cost reduction
- Decrease in bad debt and interest expense continued
2013 2014 1Q14 1Q15 YoY
Operating revenue① 2,915.1 2,745.9 683.4 647.1 -5.3%
Operating expense① 2,486.0 2,424.0 605.9 559.3 -7.7%
Bad debt expenses 453.1 418.3 119.0 76.9 -35.4%
Operating income 429.1 321.9 77.5 87.8 13.3%
Net income 391.4 237.7 30.6 74.6 144.1%
ROA
2.2% 1.9%
1.3% 1.5%
2012 2013 2014 1Q15
① Excluding FX effect

5. 4
Asset Quality and Reserve
30+ days Delinquency Ratio Key Highlights
• Stable asset quality
- Stabilizing delinquency with risk management reinforced since
2013
- Continuous monitoring of high risk customer
• Total reserve decreased based on asset quality
improvement
• Maintain current level of asset quality through
sustaining strong risk management
• Continue with conservative reserve management
2.5% 2.7%
2.4% 2.4%
2012 2013 2014 1Q15
2012 2013 2014 1Q15
Total Reserve①
665.0 762.6 796.3 750.0
30+ days Delinquency
Coverage② 144.9% 154.4% 162.2% 152.7%
(Unit: KRW bn)
① Reserve under IFRS + supplemental reserve
② Total reserve / 30+ days delinquency asset
Reserve Outlook & Strategy

6. 5
Capital Structure
Leverage Key Highlights
• Manage leverage under FSS regulation requirement
- Applied more conservative internal guideline compared to the FSS
regulation (under 10X)
• Manage leverage under FSS regulation requirement
• Dividend in compliance with regulation
Capital Adequacy Ratio
7.2X 6.6X 6.6X 6.5X
2012 2013 2014 1Q15
Total asset / Total equity
14.5% 15.1% 15.4% 16.1%
2012 2013 2014 1Q15
①
① Since 2013, previous quarter’s equity have been used for calculation.
② Based on separate balance sheet
① FSS guideline: over 7%
② Based on separate balance sheet
Outlook & Strategy

7. 6
Funding
Funding Portfolio by Product Key Highlights
• Secure funding stability
- Stability through diversification in product, market, and tenor
- ’15.04: 144A/RegS issuance (USD 400 mn, 5.5 yr.)
Funding Portfolio by Currency
1.5%
1.6%
3.1%
5.2%
19.7%
68.9%
MYR
JPY
AUD
CHF
USD
KRW
• % of Long-term funding: 67.5%
• ALM ratio: 125.7%
Domestic
bond
53.1%
Domestic
ABS
7.5%
Overseas
bond
26.1%
Overseas
ABS
4.6%
CP & Loan
8.7%
KRW 17.4 tn
• Stable portfolio based on high bond proportion
• Maintain current portfolio guideline
- ABS < 20%, CP < 10%
- Long-term debt > 60%
- ALM ration > 100%
Outlook & Strategy

8. 7
Liquidity
Liquidity Position Key Highlights
• Stable liquidity management continued
- Diversification in credit line in terms of lenders, geography, and
tenor
Debt maturity
2.0 2.7
4.2 4.4
2.5
1.6
11.6%
15.4%
24.1% 25.3%
14.1%
9.4%
2Q15 2H15 2016 2017 2018 2019~
(Unit: KRW tn)
(Unit: KRW tn)
1.1 1.3 1.4 1.3
2.5 2.3 2.5 2.8
3.6 3.6 3.9 4.1
69.2%
73.7%
67.3%
72.7%
2012 2013 2014 1Q15
Cash Credit line Short-term debt coverage①
• Maintain current level of liquidity
- Satisfy Basel III based Liquidity Coverage Ratio
• Early warning detection by monitoring daily market
indicators
Outlook & Strategy
① (Cash + Unused credit line)/ debt under 1 yr

9. 8
(Unit: KRW bn,%) 2009 2010 2011 2012 2013 2014 1Q15
Domestic
auto market
Total (1,000 unit) 1,455 1,556 1,580 1,542 1,540 1,660 404
HMG M/S 76.7% 73.5% 74.5% 74.6% 71.4% 69.3% 66.8%
Asset portfolio
Total 16,480 18,788 19,806 20,286 20,397 20,323 20,220
Auto 81.1% 81.9% 82.8% 79.8% 78.3% 77.5% 77.7%
Non-auto 18.9% 18.1% 17.2% 20.2% 21.7% 22.5% 22.3%
Asset quality
30+ days delinquency ratio 1.8% 1.6% 2.0% 2.5% 2.7% 2.4% 2.6%
90+ days delinquency ratio 1.0% 0.9% 1.1% 1.3% 1.7% 1.4% 1.4%
30+ days delinquency Coverage 152.7% 157.2% 151.3% 144.9% 154.4% 162.2% 152.7%
Profitability Operating income 541 667 660 595 429 322 75
Capital structure①
Capital Adequacy Ratio 15.7% 13.7% 13.0% 14.5% 15.1% 15.4% 16.1%
Leverage 7.4X 9.3X 8.3X 7.2X 6.6X 6.6X 6.5X
Funding portfolio
Total 14,378 16,560 17,330 17,338 17,755 17,795 17,386
Bond 65.6% 67.5% 72.0% 74.2% 76.1% 78.2% 79.2%
Loan 8.2% 7.4% 8.7% 9.4% 8.4% 7.8% 7.4%
CP 6.8% 8.5% 4.3% 3.4% 1.8% 1.1% 1.2%
ABS 19.4% 16.5% 15.0% 13.0% 13.6% 12.9% 12.1%
Short-term debt coverage 36.0% 39.1% 63.5% 69.2% 73.7% 67.3% 72.7%
ALM
ALM ratio 120.4% 138.0% 163.7% 148.0% 142.0% 132.0% 125.7%
Asset maturity (Y) 1.48 1.36 1.30 1.36 1.43 1.45 1.46
Debt maturity (Y) 1.78 1.87 2.12 2.02 2.03 1.92 1.84
① Based on separate balance sheet
[Appendix] Fact Sheet - HCS

10. Further Information
IR Homepage: http://ir.hyundaicapital.com
IR email address: irhcs@hyundaicapital.com