Date of Report : OCTOBER 1999

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Date of Report : OCTOBER 1999 Company Credit Report Our Ref. : 134249-365 Date of Report : April 15, 2021 Client’s Ref : 15334 HYUNDAI SUNGWOO SOLITE CO., LTD. 609, BONGEUNSA-RO, GANGNAM-GU, SEOUL, KOREA TEL: 82-2-2189-0904 FAX: 82-2-2189-0930 EXECUTIVE SUMMARY INCORPORATION DATE : MAY 1, 2015 REGISTRATION NO. : 110111-5713973 LEGAL FORM : COMPANY LIMITED BY SHARES CHIEF EXECUTIVE : KIM, BYEONG-HO (PRESIDENT & CEO) STAFF STRENGTH : 471 PERSON(S) PAID-IN CAPITAL : KRW 17,385 MILLION BUSINESS LINE : MANUFACTURER TURNOVER : KRW 322,555 MILLION (AS OF DEC. 31, 2020) EQUITIES : KRW 199,928 MILLION (AS OF DEC. 31, 2020) PAYMENT : AVERAGE RECOMM. CREDIT RANGE : UP TO USD 8,000,000 MARKET CONDITION : COMPETITIVE FINANCIAL CONDITION : STABLE OPERATIONAL TREND : STEADY GENERAL REPUTATION : SATISFACTORY EXCHANGE RATE : KRW 1,116.19 = USD1 AS OF 2021-4-15 CREDIT RATING : CA3 (see below explanatory notes) RATING CREDIT RISK ASSESSMENT PROPOSED CREDIT LIMIT KEY (in concerned business field) CA1 Minimal Credit can proceed with favorable terms Large amount CA2 Low Credit can proceed promptly Fairly large amount CA3 Average Credit can proceed normally Moderate amount CA4 Above average Credit should proceed with monitor Small amount – periodical review CA5 Fairly High Credit should be extended under guarantee C.O.D. To small amount CA6 High Credit is not recommended C.O.D. NR Assessment not conducted Insufficient data available No recommendation This rating serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) in our credit analysis are as follows: Financial condition (40%) Ownership background (10%) Payment record (10%) Credit history (15%) Market trend (10%) Operational size (15%) In case of unlimited companies, newly established companies, or lack of financial data, more weight is given to ‘Ownership background’ and ‘Payment record’ in our analysis. Adopted abbreviations: ANS - amount not stated NS - not stated SC - subject company (the company inquired by you) NA - not available M - million KRW –South Korean Won NOTICE: We do not warrant the accuracy or completeness of this report or any of the information contained herein. We are not liable for any loss, damage or injury caused by negligence or other act or failure of us in procuring, collecting, preparing or communicating any such information. Reliance on any information contained herein shall be solely at the user’s risks and shall constitute a waiver of any claim against and a release of us from any liability whatsoever. This report is furnished in strict confidence for your exclusive use for legitimate business purposes and for no other purpose. This report must not be communicated to the person or firm reported on or to any other party. In accepting this report you hereby agree to be responsible for and to indemnify us against any and all damages and loss arising from the report and/or breach of any of the above conditions. Any reproduction, replication or other use of this report without the expressed written consent of us is prohibited. HYUNDAI SUNGWOO SOLITE CO., LTD. HISTORY COMPANY PROFILE Company Name (English): HYUNDAI SUNGWOO SOLITE CO., LTD Company Name (Korean): 현대성우쏠라이트(주) President & CEO Kim, Byeong-ho / Chae, Jeong-cheol Address 609, Bongeunsa-ro, Gangnam-gu, Seoul Tel: 82-2-2189-0904 FAX 82-2-2189-0930 NACE Code 2932 Staff Employed 471 Person(s) STATUTORY INFORMATION Legal Form Company limited by shares Date of Registration May 1, 2015 Stock Listing Unlisted (Audited) Par Value KRW 5,000 Number of Shares Issued 3,477,057 shares Paid-in Capital KRW 17,385 million Company Size Middle standing Corporate Reg. No. 110111-5713973 Business Reg. No. 741-88-00069 Head Office Address 609, Bongeunsa-ro, Gangnam-gu, Seoul TEL 82-2-2189-0904 Location Commercial Area Land / Floor Space Land : 1,464 ㎡ Floor Space : 4,731 ㎡ Owner This building is owned by affiliated Co. Factory Address 1pilji, oe, 183-12, Yongmyeonggongdan-gil, Geoncheon-eup, Gyeongju- si, Gyeongsangbuk-do Location Factory Area Land / Floor Space Land : 60,340 ㎡ Floor Space : 37,367 ㎡ Owner This building is owned by the subject Infringement No Mortgaged or Not Yes NOTICE: We do not warrant the accuracy or completeness of this report or any of the information contained herein. We are not liable for any loss, damage or 2 injury caused by negligence or other act or failure of us in procuring, collecting, preparing or communicating any such information. Reliance on any information contained herein shall be solely at the user’s risks and shall constitute a waiver of any claim against and a release of us from any liability whatsoever. This report is furnished in strict confidence for your exclusive use for legitimate business purposes and for no other purpose. This report must not be communicated to the person or firm reported on or to any other party. In accepting this report you hereby agree to be responsible for and to indemnify us against any and all damages and loss arising from the report and/or breach of any of the above conditions. Any reproduction, replication or other use of this report without the expressed written consent of us is prohibited. HYUNDAI SUNGWOO SOLITE CO., LTD. Domestic Branch Address 19, Sanseong-ro, Buk-gu, Ulsan Location Other Area Land / Floor Space Land : 4,334 ㎡ Floor Space : 4,334 ㎡ Owner This building is owned by the other WEB SITE www.solite.co.kr The design is professional and the content is well organized. At present it is in English, Korea and other versions. LITIGATION N/A OWNERSHIP/MANAGEMENT BACKGROUND Major Shareholders (Unit: KRW thousand, as of May 20, 2020) Name Reg. No. / Position No. of Amount Ratio Date of Birth Shares (%) HYUNDAI 110111-0529490 Affiliated 2,000,000 10,000,000 100.00 SUNGWOO Co. HOLDINGS CO., LTD. Par Value (unit: KRW) 5,000 Number of Shares Issued 3,477,057 Paid-in Capital (unit: KRW million) 17,385 MANAGEMENT NOTICE: We do not warrant the accuracy or completeness of this report or any of the information contained herein. We are not liable for any loss, damage or 3 injury caused by negligence or other act or failure of us in procuring, collecting, preparing or communicating any such information. Reliance on any information contained herein shall be solely at the user’s risks and shall constitute a waiver of any claim against and a release of us from any liability whatsoever. This report is furnished in strict confidence for your exclusive use for legitimate business purposes and for no other purpose. This report must not be communicated to the person or firm reported on or to any other party. In accepting this report you hereby agree to be responsible for and to indemnify us against any and all damages and loss arising from the report and/or breach of any of the above conditions. Any reproduction, replication or other use of this report without the expressed written consent of us is prohibited. HYUNDAI SUNGWOO SOLITE CO., LTD. President& CEO Name Kim, Byeong-ho Date of Birth Jan. 2, 1968 Standing Yes Nationality KOR Date of Inauguration Mar. 27, 2020 Work Experience 4 year(s) in this line of business Final Education Korea University Business Ability Above Average President & CEO Private Residence Address Anam-ro 9-gil, Seongbuk-gu, Seoul Owner This building is owned by the president Infringement No President& CEO Name Lee, Su-cheol Date of Birth May 6, 1964 Standing Yes Nationality KOR Date of Inauguration Jan. 1, 2021 Business Ability Above Average President & CEO Private Residence Address Cheonma-ro 72beon-gil, Buk-gu, Pohang-si, Gyeongsangbuk-do Owner This building is owned by the president Infringement No Position Name Date of Birth President & CEO Kim, Byeong-ho Jan. 2, 1968 President & CEO Lee, Su-cheol May 6, 1964 Director Park, Chan-bong Sep. 19, 1966 Auditor Park, Jae-seong Jan. 31, 1965 NOTICE: We do not warrant the accuracy or completeness of this report or any of the information contained herein. We are not liable for any loss, damage or 4 injury caused by negligence or other act or failure of us in procuring, collecting, preparing or communicating any such information. Reliance on any information contained herein shall be solely at the user’s risks and shall constitute a waiver of any claim against and a release of us from any liability whatsoever. This report is furnished in strict confidence for your exclusive use for legitimate business purposes and for no other purpose. This report must not be communicated to the person or firm reported on or to any other party. In accepting this report you hereby agree to be responsible for and to indemnify us against any and all damages and loss arising from the report and/or breach of any of the above conditions. Any reproduction, replication or other use of this report without the expressed written consent of us is prohibited. HYUNDAI SUNGWOO SOLITE CO., LTD. BUSINESS OPERATIONS Line of Business Manufacture of other new parts and accessories for motor vehicles n.e.c. Main Items Battery etc. SIC Code 3714 Sales Ratio (%) 100 Recent Quarterly Sales (Unit: KRW million, %) Year 2019 Year 2020 Quarter ly Item 1/4 2/4 3/4 4/4 1/4 2/4 3/4 4/4 Averag quarte quarter quarter quarter quarter quarter quarter quart e Sales 3,273r 2,714 2,540 2,619 3,238 1,769 841 686 er 2,210 Purchases 48,359 51,083 50,029 55,894 51,146 38,873 39,288 49,597 48,033 Purchases/ 1,477.45 1,882.16 1,969.01 2,133.50 1,579.18 2,197.28 4,666.44 7,220.49 2,890.69 Sales Suppliers (Unit : KRW million, as of May 20, 2020) Company Name Business Reg.
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