HYUNDAI MOBIS 12/03/2010 AGM
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PIRC was not able to secure sufficient information from the company to enable us to deliver an informed report. This was despite attempts by PIRC to secure this information from the company and/or its representatives. PIRC’s Asia service defines reportable companies as those which provide adequate and timely English language disclosure of materials which explain the meeting agenda. PIRC has made best efforts to obtain such disclosures for this meeting but has been unable to do so. Unless sufficient information becomes available subsequent to the issuance of these recommendations, PIRC advises clients not to support the proposals.

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1Approve the Financial StatementsAbstain
2Elect of Mong-koo Chung and Taehwan Jeong as DirectorsOppose
3Elect Yoondae Eo as a Member of the Audit CommitteeAbstain
4Approve the limit of remuneration for the DirectorsAbstain