Creative Innovation for a Better Future

HYUNDAI ROTEM COMPANY

RAILWAY SYSTEMS

DEFENSE SYSTEMS

PLANT & MACHINERY HYUNDAI ROTEM COMPANY

Headquarters (R&D Center) 37 Cheoldobakmulgan-ro (462-18 Sam-dong), Uiwang, Gyeonggi-do, Korea T. +82-31-8090-8114 F. +82-31-596-9775 Changwon Plant 488 Changwondae-ro (85 Daewon-dong), Changwon, Gyeongsangnam-do, Korea T. +82-55-273-1341 F. +82-55-273-1741 Dangjin Plant 1480 Bukbusanup-ro (315 Godae-ri), Songak-eup, Dangjin, Chungcheongnam-do, Korea T. +82-41-680-0600 F. +82-41-680-0634 www.hyundai-rotem.co.kr

2019. 06 CONTENTS

Overview 03 Advance to Business 04 - Railway Systems 06 MISSION - Defense Systems 10 - Plant & Machinery 14 Creative Innovation Brief History 18 for a Better Future Social Contribution 20 Hyundai Rotem establishes the foundation of Shared Growth 22 public welfare and prosperity with the technology Hyundai Motor Group 24 of communication and trust among people, and Global Network 26 pursues creative innovation for our customers, society and people through constant challenges for the future.

VISION Technology Leader Creating Value HYUNDAI ROTEM COMPANY Hyundai Rotem Company Advance to Business 04 05 Advance to Business Hyundai Rotem Company

Empowered for Global Markets by a Whole New Level of Value

Hyundai Rotem is transforming dreams into reality, opening up new possibilities through its development of eco-friendly railway systems, such as a high-speed electric multiple unit with a speed of 430km/h, as well as MAGLEVs and hybrid low-floor trams. Striving always to maximize customer satisfaction, we are realizing ever more convenient cutting- edge technologies and high-quality products that are bringing a smarter, more convenient tomorrow, here to us today.

Hyundai Rotem is the global leading Railway Systems Defense Systems Plant & Machinery company that provides valuable We have managed to secure a greater share of global markets The emphasis of the defense business has always been on The plant division is increasing its competitiveness as a total solution to the customers in the thanks primarily to the advanced technologies in our railway developing optimized weapons utilizing only local technologies. engineering service provider through new technology systems. We continue to be proactively evaluating market We are responsible for the development of K2 MBT, a project developments based on our accumulated experience sector of future industry based trends while seeking more advanced technologies, such as which calls for the use of cuttingedge technology and and know-how from serving the automobile, steel and high-speed electric multiple unit. We are set to become a total established expertise. More widely, we are proactively taking environmental equipment sectors. on Railway, Defense and Plant & solutions provider with balanced growth through the supply measures to meet the demands of the future defense market Machinery business of various state-of-the-art railway systems, as well as support through developments such as wheeled armored vehicles and for railway operations and maintenance. both manned and unmanned weapons systems. Hyundai Rotem Company Railway Systems 06 07 Railway Systems Hyundai Rotem Company

Railway Systems

R&D is one of the cornerstones of the long term strategy of Hyundai Rotem. We have built on our years of experience and our accumulated expertise to expand our business portfolio into developing eco-friendly high efficiency railway systems. Indeed, we are continually improving the design and manufacture of high value-added equipment such as bogie systems, propulsion systems, and signaling systems, which, added to our portfolio of railway vehicles and comprehensive railway systems, means we are set to remain a leader in the ever-competitive global railway market. Hyundai Rotem Company Railway Systems 08 09 Railway Systems Hyundai Rotem Company

Railway Vehicle Line-up

Over the past 40 years, Hyundai Rotem has provided various railway vehicles, including EMUs, High Speed Trains, LRVs, DMUs and locomotives, to 37 countries worldwide. Now, we are expanding our business sectors to include railway systems such as signaling system, communications, power, PSD, etc. Moreover, our overseas manufacturing corporation in Turkey and Brazil provide thoroughly localized client tailored service model, praised by clients both in Europe and South America for its quality and features, helping to thereby strengthen our global reputation.

Electric Locomotives / Electric Multiple Units Diesel-Electric Locomotives We produce a variety of trains for transit and transport in metropolitan Electric locomotives that are designed to exert high traction areas in large cities and apply various interior materials with excellent fire power per axis and to be operable in climatic conditions of protecting performance, such as mild steel, stainless steel and aluminum, -35~45℃ and diesel-electric locomotives that have excellent which are also used in car bodies and airplanes. output efficiency, mobility and economy in operation.

Trams Trams are emerging as a future transportation alternative that can reduce traffic congestionand carbon dioxide emissions, can drive wirelessly with batteries loaded in the body as a power source, and are favorable forgetting on and off for the transportation vulnerable as they have low floors. Diesel Multiple Units We provide customer safety and convenience such as aerodynamic body shapes, beautiful appearance with a connected window structure on the side of cars, body structures that prevent noise and vibration, comfortable seats made with non-flammable materials, and the adoption of flame-retardant interior panels.

Passenger Coaches We provide Passenger Coaches of various classes to many foreign countries, such as the highest-class tourist trains,with comfortable interior designs, robust exteriors and a comfortable ride.

Light Rail Vehicles These vehicles are suitable for transport volumes that are about halfway between subway and bus, and an eco-friendly urban transportation means that reduces the pollution Magnetically Levitated Vehicles caused by exhaust and noise. By adopting a completely High Speed Trains Magnetic levitation (maglev) trains, an eco-friendly unmanned driving system, the operation cost is low, and system with low noise, low vibration, and no dust, they have on-time performance, safety and speed. We have established a full line up of high-speed trains by speed level operateby floating in the air without wheels, and are by successfully developing a 250km/h multiple power high-speed train the most suitable future urban transportation means following the 300km/h KTX-Sancheon and 430km/h next-generation high- due to their excellent slope climbing ability and speed train (HEMU-430X) with Hyundai Rotem’s independent technology. performance on curves. Hyundai Rotem Company Defense Systems 10 11 Defense Systems Hyundai Rotem Company

Defense Systems

Hyundai Rotem is a representative ground weapon system company and has not only obtained the trust of customers but also contributed to national safety and peace with the electrification of the newest ground equipment for the last 30 years. Hyundai Rotem, which has secured independent R&D and production capability and has optimizationperformance improvement technology, will become the nation’s best munitions company by securing manned/unmanned weapon systems in which state-of-the-art core technologies are applied, such as robotics. Hyundai Rotem Company Defense Systems 12 13 Defense Systems Hyundai Rotem Company

Defense Product Line-up

Utilizing the latest and most-sophisticated ground weapons technology, Hyundai Rotem’s defense systems have successfully developed K1 and K2 MBT. In addition, we are also playing a pivotal role in the strengthening of the South Korean defense capability through developments such as Heavy Equipment Transports(HET), new decontaminating equipment, tank gunnery training and tank driving training simulators. Also, we have successfully developed the K2 MBT and Wheeled Armored Vehicle, which include the full range of advanced technology required in the 21st century battlefield. Now, Hyundai Rotem’s state of art K2 MBT is ahead of use in the Korean Army, and our technologies have been proven internationally with export of know-how to overseas markets.

Wearable Robot Robot systems that assist humans’muscular strength and endurance by moving according to the wearer’s intention.

K2(Korean Main Battle Tank) A new concept tank with maximized battle efficiency with digital-based ergonomic design considering the 21st-century network battlefield environment.

Unmanned Ground Vehicle (HR-SHERPA) They are deployed in the front lines of battle and carry out missions such as unmanned surveillance, reconnaissance and mine detection.

Wheeled Armored Vehicle Combat Engineering Vehicle Equipment that overcomes mine fields and breaches Next-generation new combat equipment that various obstacles for swift operations of mechanized units. exhibits high performance such as high mobility, excellent survivability, loadability of various weapons and prompt maintenance. Hyundai Rotem Company Plant & Machinery 14 15 Plant & Machinery Hyundai Rotem Company

Plant & Machinery

Over the past 40 years, our plant & Machinery business has focused on delivering various industrial machinery and plant equipment. We have a wealth of experience and know-how in press equipment, steel equipment, automobile manufacturing equipment and airport facilities, as well as boasting the general engineering capabilities necessary to carry out turn-key based projects, all the way from design and production, installation and the trial run. Hyundai Rotem Company Plant & Machinery 16 17 Plant & Machinery Hyundai Rotem Company

Plant & Machinery Line-up

Hyundai Rotem’s plant business provides equipment engineering, manufacturing, procurement, installation and pilot operation service for construction of infrastructure in the field of steel and automobiles, which are the foundation of the national economy and industry, in the form of EPC and becomes an eco-friendly comprehensive engineering plant by advancing into the renewable energy field,which is spotlighted as a future industry, through Press continuous R&D. A cutting-edge, organically organized equipment system that guarantees the best efficiency and productivity between processes from entering coils to the production of blanks, transportation, molding and loading and management of final products.

Steel Plants We retain engineering and manufacturing technologies that are recognized in markets at home and abroad by manufacturing, supplying, installing, and pilot operating core facilities related to steel works such as lime calcination plants, sintering equipment, blast furnace equipment, steel making equipment, continuous casting equipment and rolling equipment. Automotive Manufacturing Facility As a turnkey supplier of automotive factory transportation equipment, we have accumulated experience and performance in supplying global companies such as Ford and Renault, as well as Korean automobile makers.

Material Handling Systems We supply various logistics equipment and eco-friendly equipment that are used in steel works, power plants, mines and coal terminals in EPC turnkey form. Airport Facility(Passenger Boarding Bridge, Baggage Handling System) We have supplied stable boarding bridge equipment to major airports at home and abroad based on accumulated technologies and know-how and provide engineering and maintenance that are suitable to customer needs and the surrounding environment. Hyundai Rotem Company Brief History 18 19 Brief History Hyundai Rotem Company

HYUNDAI ROTEM 2013 ~ Present BRIEF HISTORY

2008 ~ 2012 2013 • Established Hyundai Rotem Brasil • Contract awarded 240 EMUs for Sao Paolo suburban line, Brazil • Contract of Performance Improvement project for K1 tank & K1A1 tank • Coal Handling System for Korea Midland Power Company- New Boryeong 2001 ~ 2007 2008 • Commenced development of K2 MBT • Contract awarded for 440 EMUs for Marmaray line, Turkey 2014 • Contract awarded for 150 High Speed Trains of KTX Seoul- • Contracted Tank Technology Cooperation Agreement with Gangreung line Otokar, Turkey • Contract awarded for 100 High Speed Trains 100 for SRT • Contract awarded for 38 Trams in Izmir, Turkey (the first 2009 • Contract awarded for 102 EMUs for the Athens metro line 2&3, overseas contract for tram supply) 2001 • Contract awarded for 92 EMUs in Istanbul, Turkey Greece 1977 ~ 2000 • Awarded Mass production agreement for K2 MBT(2nd batch) • Contract awarded for 240 EMUs in New Delhi, India • Contract awarded for 150 EMUs in Bangalore, India • Incorporated into the Hyundai Motor Group • Constructed a commercial verification plant for low & 2015 • Completed the delivery of first batch of K2 MBT intermediate level radioactive waste (LILW) the world’s first • Successfully produced high-speed transfer system for 2002 • Company name changed to ‘Rotem Company Ltd.’ • Delivered boarding bridges for Heathrow Airport, UK Tandem Press with localization Developed Aluminum EMU for the first time in Korea •  Completed the contruction of Special Steel Plant for Hyundai 1977 • Founded a company •  2010 • Contract awarded for the mass production of K2 MBT(1st batch) Steel in Dangjin 2003 • Contract awarded for 24 Salvador Line EMUs, Brazil 1 • 1979 Manufactured and supplied diesel locomotives for the first • Contract awarded for 80 Electric Locomotives in Turkey time in Korea 2016 Established Hyundai Rotem New Zealand for local 2004 • Established Hyundai Rotem USA • Contract awarded for the assembly conveyor system at Ford’s •  • Commenced plant business Thailand Factory maintenance service 2005 • Contract awarded for 120 DMUs in Ireland Commenced to develop Wearable Robot for industrial use • Contract awarded for Manila Metro turn-key project, Philippines 1984 • Successfully developed the Korea-type K1 Main Battle •  Tank(MBT) • Contract awarded for the Seoul Metro Line 9 E&M • Contract awarded for 512 Sydney double-deck EMUs, Australia 2011 Contract awarded 138 EMUs for KORAIL trunk line Turnkey Project •  • Contract awarded for distributed traction power HST 1985 • Supplied stainless steel EMUs for the Busan metro line 1, Korea • Contract awarded for 40 UTO EMUs for Canada Line, Canada • Contract awarded for K2 MBT Technology Development-Active (EMU-250) for KORAIL Protection System 1988 • Successfully developed the urban type MAGLEV 2006 • Established Hyundai Eurotem • Awarded Turn-key contract of Cold Mill facilities for Hyundai 2017 • Contract awarded for 96 Ahmedabad EMUs, India • Contract awarded 120 EMUs for the Southeastern Steel in Dangjin • Contract awarded for 128 EMUs for KORAIL commuter lines, Korea 1992 • Developed K1 Armored Vehicle-launched Bridge(AVLB) and Pennsylvania Transport Authority (SEPTA), USA) • Contract awarded for K1·K1A1 Overhaul Armored Recovery Vehicle(ARV) 2012 Successfully developed 1,000 ton Servo Press with localization • Contract awarded for 100 High Speed Trains for Honam •  • Contract awarded for 180 EMUs and 8-year maintenance for 2018 • Successfully delivered the first batch of Armored Vehicles to 1996 Contract awarded for 28 LRVs in Manila, Philippines (The first KTX Line •  Cairo metro line 1, Egypt Korean Army overseas award of LRV) • Contract awarded for 50 UTO LRVs for Busan-Gimhae Line E&M Turnkey Project • Contract awarded for 333 EMUs and 2-year maintenance for • Contract awarded 520 Intercity EMUs for TRA, Taiwan 1997 • Developed K1A1 MBT MTR Shatin-Central Link, Hong kong • Contract awarded Taoyuan Green line UTO LRV 80 cars and 2007 • Company name changed to ‘Hyundai Rotem Company • Officially designated for the supplier of Armored Vehicles for the E&M systems, Taiwan 1998 • Commenced manufacturing of 720 Gyeongbu Line High Speed Ltd.’ Korean Army trains (KTX) • Contract awarded for slab caster equipment for the • Successfully developed the next generation HST, HEMU-430X 2019 • Contract awarded for 123 Warsaw Trams, Poland Integrated Steel Mill by Hyundai Steel 2000 • Developed Train Control & Monitoring System(TCMS) • Contract awarded for 84 EMUs for Sao Paolo Line, Brazil’ and Automatic Train Control/Automatic Train Operation System(ATC/ATO) Hyundai Rotem Company Social Contribution 20 21 Social Contribution Hyundai Rotem Company

TOGETHER WE STAND FOR YOUR FUTURE

Hyundai Rotemis a global company that will make efforts to become a real partner for the future as we actively fulfill social responsibilities with the establishment of a fair social contribution system and the communication and trust that connects people and supports the harmonious growth of various stakeholders.

To create a society where everyone’s mind becomes one, Hyundai Rotem will always listen to the voice of the world CSR Slogan and achieve precious dreams by joining together in hope. “Moving the World Together” is a slogan that shows our will to change the world by practicing love with our neighbors. “Together”means a partnership with society that becomes harmonious. “Move”shows awill for development-oriented and continuous change. “World”refers to love and dreams that are spread to the world at large.

Key Projects Hyundai Rotem carries out social contribution activities by reflecting future trends with a regional hub project that puts a priority on the needs of local communities and six major areas of regional business.

Participation Environment Supporting Independence This means social contribution in which We make efforts for preservation of the We provide socially vulnerable people with various stakeholders, such as executives, environment and response to climate the opportunity to be independent and employees and customers, participate. change, which is the task of the times. education to improve the capabilities of future generations.

Travel Convenience Safety Utilization of Corporate Capabilities We aim for a world where everyone’s We make efforts to realize a society where We create social values using core movement is free with the promotion of everyone can live a safe life. competence and professionalism and travel convenience for the transportation enhance the effect of CSR activities. vulnerable and socially disadvantaged.

Major Projects Alienated neighbors we visit along the railway •Seoul Metro line no. 1: Improving the safe life of senior citizens who live alone in Jjokbangchon Village •Seoul Metro line no. 2: Supporting growth for infants awaiting adoption •Seoul Metro line no. 3: Sponsoring the cultivation of cultural heritage commentators and independence for the disabled •Seoul Metro line no. 4: Sponsoring travel convenience equipment for men of national merit •Seoul Metro line no. 5: Supporting psychotherapy for child abuse victims •KTX line: Sponsoring welfare recipients in Changwon Global CSR •Angelesand Baguio City, Philippines - Supporting independence for urban poor children •Equipment and hygienic environment in Delhi, India - Improvement of education environment infrastructure •Adolescents in Araraquara, Brazil - Sponsoring vocational school Contribution to Local Communities •Social Welfare •Disaster Restoration - 3 Love Association workers’ sharing campaign - Volunteer group Vitamin, hope house repair, - Love blood donation campaign environmental clean up - Uiwang-si gimjang sharing with much love and - Clean up activity in Sapgyoho Lake in Dangjin happiness and Geumcheoncheon Stream in Uiwang •Love of Farming Area •Culture and Art - One company-to-one village relationship with - The Rotem family’s cultural properties neighboring village near business site protection volunteer activities Hyundai Rotem Company Shared Growth 22 23 Shared Growth Hyundai Rotem Company

In order for our suppliers to be competitive, Hyundai Rotem conducts various shared growth programs.

Hyundai Rotem will actively support the enhancement of suppliers’ competitiveness and secure their capabilities to grow continuously by enhancing current cooperation programs such as financial support, technical support, education support and additionally developing new programs.

Shared Growth Accompanying you Hyundai Rotem and suppliers will cooperate Quality Sales Increase toward better future Improvement to make a better future.

Hyundai Rotem and its suppliers are eternal companions Shared who move together with the same goal of being a global Suppliers leader inheavy industry. Independent Growth Growth of Growth of Supplier We think the establishment of partnerships between Suppliers Volumes Hyundai Rotem and suppliers is the key to shared growth and accordingly enhance the competitiveness of suppliers. Increase in Hyundai Rotem will build an organic partnership with Profit suppliers for coexistence and coprosperity and continue win-win management for growth and the enhancement of competitiveness of suppliers.

Shared Growth Program

Major Four Financial Technology Education Communication Guidelines on Support Support Support Activities Subcontracts

Classification Details Sub programs

- Operation of department meetings and seminars for representatives of suppliers • Enhancement of cooperation network Shared Growth - Operation of win-win payment system, inducement of using standard • Support forprimary and secondary Establishment of subcontract agreement suppliers System - CSR activities in local communities, practice of transparent purchasing, • Creation of shared growth culture rewarding excellent shared growth companies, etc.

Continuous • Enhancement of management stability - Operation of funding program, support foradvance payment warranty - Guest engineering system, provision of industrial property rights, technical Growth • Fostering of technology development data request system ability Enhancement of - Consortium for fostering supplier manpower, participation in Hyundai Motor Foundation • Establishment of growth infrastructure Group suppliers job fair, etc.

Nurturing • Fostering of quality competitiveness - Quality education and regular assessments in technology education center - Guidance on technology for component quality of primary suppliers, support of Global • Support for productivity improvement for technology for manufacturing techniques Competitiveness • Global market expansion - Advancing together inoverseas markets, joint overseas projects, etc.

Shared Growth Virtuous Circle Establishment System Hyundai Rotem Company Hyundai Motor Group 24 25 Hyundai Motor Group Hyundai Rotem Company

HYUNDAI MOTOR GROUP

Hyundai Rotem Company, as a member of Hyundai Motor Group, we will lead the global market with our creative thinking, challenging spirit and strong initiative. Moreover, we will provide our best endeavor to give trust to the global customers.

GROUP VISION MANAGEMENT PHILOSOPHY

Steel Automobile An unlimited sense of responsibility for Not settling on our achievements, Lifetime Partner in Leading the New our customers’ safety and happiness is we constantly pursue new goals. Our Automobiles and Era of Steel manifested in quality management, and challenging spirit knows no fear as we Beyond extends to the ideal of creating greater strive to create a brighter future. value for society at large. Together Unlimited sense Realization of of responsibility possibilities for a Better Management Philosophy Realize the dream of mankind Future Parts Construction by creating a new future through Leading Experts in We Build Tomorrow Automotive Parts ingenious thinking and endless challenge towards new frontiers.

Love for humanity Others Perfect Networks of Customer Satisfaction We seek to enrich the everyday lives of our customers and people at large by providing values, or better products and services, to more people, more quickly.

CORE VALUES

We are committed to Never settling for the By sharing a sense of Believing that the future We respect the diversity creating a corporate status quo, we challenge community, i.e. ‘We,’ of our organization of culture and customs culture that will ourselves to achieve through communication depends on the mindset and pursue global overwhelm customers new possibilities and and cooperation with and competence of each leadership in all areas with joy by placing them accomplish goals with other divisions and and every employee, we to become a respected at the center of all values our ‘can-do’ passion vendors, we create work feverishly towards global corporate citizen and providing top quality and creative thinking. meaningful synergy a state of constant self- at both individual and and the best service. effects. development and create organization levels. a corporate culture respecting talent. Hyundai Rotem Company Global Network 26 27 Global Network Hyundai Rotem Company

Fulfilling our potential is the Domestic Business Locations Global Network beginning of a richer life Headquarters (R&D Center) Hyundai Rotem USA Hyundai Rotem China Hyundai Rotem Delhi Branch 37 Cheoldobakmulgan-ro (462-18 Sam- Hyundai Rotem Company Hyundai Rotem Company Hyundai Rotem Company dong), Uiwang, Gyeonggi-do, Korea 2400 Weccacoe Avenue, Philadelphia, PA19148 Shunyiqu Nanfaxinzhen Jiaogezhuangcun, N-3, 3rd Floor, Ring Road, South Extension T. +82-31-596-9114 F. +82-31-596-9766 T. 1-215-227-6836 Cunweihuixi 300m Beijing, China Part 1, New Delhi 110049, India Forward thinking and creative determination are values that T. 86-1360-131-6671 T. 91-11-4653-8888 have helped increase the global footprint of Hyundai Rotem such Changwon Plant Hyundai EURotem Hyundai Rotem Malaysia that we are now represented in 51 different countries. We are 488 Changwondae-ro (85 Daewon-dong), Hyundai EURotem A. S. Hyundai Rotem Taiwan Branch Changwon, Gyeongsangnam-do, Korea Mithatpasa Mahallesi Ibrahim Kangal Cad. Hyundai Rotem Company Rm. 2E, 11F., No.55, Zhongzheng 3rd Rd., now focused on transferring our technologies in these markets T. +82-55-273-1341 F. +82-55-273-1741 No: 12/1-2 54100 Adapazari,Turkey B-308, Megan Embassy 225, Jalan Ampang, Xinxing Dist., Kaohsiung City 800, Taiwan to help secure a global production system, while the integration T. 90-264-291-4484 50450, Kuala Lumpur, Malaysia (R.O.C) Dangjin Plant T. 6-03-2164-8286 of our localized technologies has not only strengthened national 1480 Bukbusanup-ro (315 Godae-ri), Songak- Hyundai Rotem Brasil Hyundai Rotem New Zealand technology levels, but more generally, it has also played a huge eup, Dangjin, Chungcheongnam-do, Korea Hyundai Rotem Company Hyundai Rotem Istanbul Branch Hyundai Rotem Company T. +82-41-680-0600 F. +82-41-680-0634 Av. Roque Petroni Junior 1.809, Morumbi Buyukdere Cad. Nurol Plaza No: 71 EMU Depot 154 Thorndon Quay part in enhancing quality of life. Shopping, Centro Profissional, Sala 607 e 609, AK: 1534398 Maslak, Istanbul, Turkey Wellington, 6011, New Zealand 04707-900, Sao Paulo, SP, Brazil T. 90-212-276-9786 T. 55-11-3477-1435

Ireland Ireland

Ukraine Ukraine

USA USA Hyundai RotemHyundai USA Rotem USA Hyundai EURotemHyundai EURotem Greece Greece  Overseas Corporation / Overseas Branch Hyundai RotemHyundai China Rotem China  Overseas Branch Egypt Egypt Mexico Mexico Qatar Qatar

India India Hong Kong HongTaiwan Kong Taiwan Bangladesh Bangladesh

Hyundai RotemHyundai Malaysia Rotem Malaysia Philippines Philippines

Hyundai RotemHyundai Brasil Rotem Brasil

Australia Australia

Hyundai RotemHyundai New Zealand Rotem New Zealand