nterpolation Simple & DV01 CaLC Type Constant

nterpolation Simple & DV01 CaLC Type Constant

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  EARNINGS RELEASE 3Q25
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  This presentation andits contents have been prepared by Hyundai Capital Services, Inc. (“HCS” or “the Company”) solely for information purposes, and may not be reproduced, published, redistributed, or transferred, directly or indirectly to any other person, in whole or in part, for any purpose. The Company has not taken measures to independently verify data contained in this material. 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 herein. This presentation shall not be construed as legal, tax, investment, or other advice. Financial statements in this document have been prepared in accordance with K-IFRS. Other additional contents such as market or industry information have been sourced internally or from various associations. The data contained in this presentation is current as of the date hereof, but the Company shall not be liable for any updates or verification of the contents thereafter. Certain information and statements in this presentation contain estimates and other “forward-looking statements” which should be approached with caution. The Company shall not be responsible for any losses or damages incurred based on these forward- looking statements. Disclaimer
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  Business Portfolio CreditRatings Hyundai Capital Services (HCS) Market leader in auto financing 1 Hyundai Motor Group (HMG) 99.9% ownership Moody’s S&P Fitch A3 (S) A- (S) A- (S) Auto Captive Auto Maker 82.6% Auto ￦ 17.4% Non-Auto Financial Assets 35.2 T KRW IBT 560.4 BnKRW 59.7% 40.1% Shareholders Key Figures① • Domestic - The only credit financier with standalone② rating of AA+ • Global - As HMG’S captive financier, HCS rating is equal to HMC/KIA NICE KIS Korea Ratings AA+ (S) AA+ (S) AA+ (S) ① As of 9M25 ② Based on NICE, KIS ratings Hyundai Motor KIA
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  23% 12% 16% 32% 17% 9M25 ④ HMC Genesis+SUV,KIA RV HMG Global Car Sales① HMG Sales Mix and Profitability Hyundai Motor Group (HMG) • Strong sales performance in key markets, and continued improvement in sales mix • Sales mix focused on High Average Sales Price(ASP) models Mitigating tariff headwinds through premium mix impact and structural enhancement • Safeguarding profitability with increased hybrid mix Operating income Operating margin Revenues (T KRW) (K units) Car Sales by Region Global HMG Global Car Sales① Others India Europe③ North Americas② Korea 2 Korea North Americas Europe India Portion of High ASP Models④ HMC KIA HMC KIA ① HMC, KIA Biz. Performance Report, Wholesale ② HMC North Americas, KIA US ③ HMC Europe, KIA Western Europe 75,809 82,612 84,292 6,845 7,307 7,231 2022 2023 2024 5,478 60,919 62,739 5,395 5,478 9M24 9M25 917 950 9M24 9M25 1,703 1,752 9M24 9M25 654 633 9M24 9M25 887 878 9M24 9M25 61.7% 63.2% 9M24 9M25 69.9% 69.5% 9M24 9M25 12.4% 8.4% 8.9% 7.0% 11.4 9.8 10.0 7.2 80 86 9M24 9M25 9M24 9M25 129 139
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  1.9 1.0 0.6 0.4 3.4 3.23.4 3.6 1.6 1.5 1.4 1.4 0.3 0.5 0.6 0.8 7.2T 6.2T 6.1T 6.1T 2022 2023 2024 9M25 15.4 16.8 16.0 16.0 7.6 7.9 8.3 8.6 3.0 3.6 4.2 4.4 26.1T 28.3T 28.6T 29.1T 2022 2023 2024 9M25 Auto Non-Auto Asset • New cars/Lease: Captive growth driven by stronger installment and lease momentum • Used cars: Offering captive financing for HMG CPO vehicles • P-Loan: 100% X-Sell to Auto Finance customers • PF: Focused on senior, metropolitan exposure Maintaining auto-centric asset portfolio Portion 3 New Car Lease Used car (T KRW) P-Loan Mortgage Others PF Portion (T KRW) HMG M/S P-Loan % 73.3% 76.8% 76.6% 75.3% 5.6% 2.8% 1.8% 1.3% 78.3% 82.1% 82.5% 82.6% 21.7% 17.9% 17.5% 17.4%
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  0.94% 1.04% 0.92% 0.88% 0.77% 20212022 2023 2024 9M25 Summary of Consolidated Financial Statement Key Message P&L • Revenue growth driven by higher lease income Resilient profitability backed by captive-driven lease growth and funding efficiency (Bn KRW) - Increase in Lease income, with asset growth from OEM co-marketing 30+ % 4 - Decrease in interest expense based on robust funding capability and diversified funding portfolio - Higher bad debt expense due to increased provisioning under proactive risk management ①, ② Excl. FX and derivatives impact ③ Reflecting Gains on Disposal of Loan Receivables ④ Reflects 40.5Bn KRW equity method losses by impairment assessment of HCBE after Allane acquisition ⑤ Reflecting reduction in corporate tax expense of 99.3Bn, due to change in the accounting treatment of deferred corporate tax following the dividend payout of HCUK, BHAF • Ongoing cost optimization through diversified funding structure • Record-low delinquency through auto-focused asset portfolio and proactive risk management Interest Expense Lease Income Installment Income Bad Debt Expense Equity Method Income SG&A Operating Revenue① Operating Expense② Operating Income IBT Non-Operating Income Net Income Credit Cost③ 2023 4,478.7 4,108.1 364.3 1,087.4 432.7 2,185.5 827.7 279.4 68.4 59.7④ 459.9⑤ 704.2 227.7 YoY +2.7% +2.6% +1.7% -3.0% +15.3% +3.9% -2.5% +26.4% +95.5% +56.9% +17.2% +7.1% +11.0% 4,898.1 4,425.2 471.8 1,176.9 548.7 2,467.9 978.8 273.7 76.9 68.5 432.7 746.7 233.3 2024 9M24 3,663.8 3,250.8 415.7 880.6 486.0 1,841.1 732.8 175.5 70.3 64.4 380.5 545.4 138.7 9M25 3,763.8 3,335.4 422.9 854.4 560.4 1,913.3 714.4 221.9 137.5 101.0 445.9 584.3 154.0
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  Capital Adequacy Liquidity ProvisionFunding Key Index • Regulatory reserves managed above government guideline(100%) • Stable funding through portfolio diversification • Leading the ESG bond market, through issuance of Green Bonds & SLB (Sustainability-linked Bonds) Solid financial position with prudent level of buffer for regulatory requirements Debt Balance 31.3 T KRW 9M25 Guideline 6M Coverage① 125% 100% ALM② 125% 100% • Stable liquidity mgmt. based on conservative internal guideline 5 Asset Leverage (Asset/Equity) Regulatory Reserve Coverage z No dividend Payout since ’21 • Leverage managed well below regulatory guideline (~‘24 9x, ‘25 8x) USD JPY AUD CHF CNY EUR HKD SGD ① Total liquidity / 6M coverage ② Average maturity of liability / Average maturity of asset Domestic Bond… Overseas Bond… ABS 16% Bank 11% CP 1% 7.4x 7.2x 6.7x 6.5x 2022 2023 2024 9M25 129.4% 131.1% 132.4% 132.0% 2022 2023 2024 9M25
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  1. Financial Statements 2.Key Figures Appendix
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  Consolidated Statement ofFinancial Position Consolidated Income Statement 1. Financial Statements (Bn KRW) 2022 2023 2024 9M25 Operating Revenue① 3,787.0 4,478.7 4,898.1 3,763.8 Interest income 1,647.3 1,876.4 2,030.9 1,499.6 Installment income 610.5 827.7 978.8 714.4 Other interest income 1,036.8 1,048.7 1,052.2 785.2 Fee income 158.7 161.7 181.2 147.5 Lease income 1,799.8 2,185.5 2,467.9 1,913.3 Gain on sales of loan receivables 24.3 53.7 42.7 70.6 Others 156.9 201.4 175.4 132.8 Operating Expense② 3,311.8 4,108.1 4,425.2 3,335.4 Interest expense 711.8 1,087.4 1,176.9 854.4 Fee expense 169.8 180.7 184.7 123.5 Lease expense 1,500.2 1,776.1 1,952.1 1,510.0 Bad debt expense 198.3 279.4 273.7 221.9 Loss on sales of loan receivables 2.7 2.0 2.3 2.7 SG&A 676.0 704.2 746.7 584.3 Others 53.0 78.3 88.8 38.6 Operating Income 474.5 364.3 471.8 422.9 Non-operating Income 108.8 68.4 76.9 137.5 Equity method income 103.8 59.7 68.5 101.0 IBT 583.3 432.7 548.7 560.4 Net Income 437.1 459.9 432.7 445.9 (Bn KRW) 2022 2023 2024 9M25 Asset 38,647.5 39,602.0 40,413.9 41,182.4 Cash and deposit 1,973.3 1,136.4 765.5 672.3 Securities 2,743.0 3,371.4 3,784.7 4,165.0 Loan receivables 9,942.9 9,237.7 9,633.4 10,070.8 Installment assets 14,720.8 16,411.3 15,824.6 16,139.5 Lease receivables 2,044.9 2,011.3 2,294.0 2,478.7 Lease assets 5,538.1 5,876.9 5,997.5 6,043.2 Tangible assets 209.3 195.3 108.2 107.9 Others 1,475.3 1,361.7 2,006.0 1,505.0 Liabilities 33,017.8 33,565.9 33,865.9 34,051.6 Borrowings 31,399.2 31,828.8 32,199.3 32,308.6 Others 1,618.6 1,737.2 1,666.6 1,742.9 Equity 5,629.7 6,036.1 6,548.1 7,130.8 Capital 496.5 496.5 496.5 496.5 Capital surplus 388.6 388.6 388.6 388.6 Retained earnings 4,665.9 5,122.1 5,555.1 6,001.8 Others 78.7 28.8 107.9 243.9 ①,② Excluding FX and derivatives effect
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  Business Portfolio KeyIndex 2. Key Figures (Bn KRW) 2022 2023 2024 1H25 Financial Assets 33,271.6 34,526.7 34,666.7 34,892.0 Auto 26,061.3 28,341.9 28,605.5 28,610.8 New car 15,449.9 16,834.3 16,044.0 15,731.6 Lease/rent 7,641.4 7,933.1 8,334.0 8,480.3 Used car 2,970.0 3,574.4 4,228.5 4,399.0 Non-Auto 7,210.4 6,184.9 6,060.3 6,281.2 P-Loan 1,874.9 978.2 619.6 518.1 Mortgage 3,415.9 3,156.7 3,378.0 3,540.8 PF 1,571.3 1,528.2 1,419.9 1,455.0 Others 348.3 521.8 642.8 767.2 (Bn KRW) 2022 2023 2024 1H25 Asset Quality① 30+ Delinquency 1.04% 0.92% 0.88% 0.77% Substandard and below asset ratio 2.17% 2.12% 2.15% 1.99% Total provision /30+ receivables 250.2% 278.1% 284.6% 309.5% Leverage② 7.4x 7.2x 6.7x 6.5x Total assets 37,977.3 39,009.0 39,505.7 39,810.8 Total capital (previous quarter) 5,149.0 5,450.6 5,906.3 6,161.0 Debt Balance③ 30,818.0 31,360.5 30,963.3 31,305.9 Liquidity④ 6,958.1 7,005.8 6,219.0 6,007.2 Cash 2,925.5 2,514.6 1,771.3 1,674.7 Credit Line 4,032.6 4,491.2 4,447.7 4,332.4 ①,② Based on separate financial statements ③,④ Based on managerial accounting