<html><head><meta name="GENERATOR" content="TAGFREE Active Designer"><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><title></title></head><body><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;">Hyundai E&C has launched its 24th Next Leader Board (NLB) as part of efforts to improve corporate culture. </span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;"><br></span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;">The newly launched NLB is expected to take the lead in innovating management of Korea’s primary builder with young business minds and experience at work.</span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;"><br></span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;">The NLB is an employee-led organization intended to increase opportunities for employees to participate in business management and promote smoother communication between them. Korea’s primary builder has run the organization since 1990 and changed its name from Junior Board to Next Leader Board last year.</span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;"><br></span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;">Hyundai E&C concentrated efforts on selecting new NLB members this year in order to maximize the participation of its employees and the efficiency of the operation of the organization. Taking frequent meetings and collaborative activities into account, the company selected the new members mainly from the head office and especially those who have working experience at construction sites. </span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;"><br></span></p><p style="font-family: gulim; font-size: 9pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;">On top of this, the new members were selected evenly from each business division, and the builder increased the number of female and international members. Hyundai E&C is planning to allow the members to attend major management meetings and provide training courses on strong business capability, so that the participants can feel proud of being a member of the NLB.</span></p></body></html>