HSD Engine : Conclusion of Single SalesContract or Supply Contract

Conclusion of Single Sales Contract or Supply Contract

1. Type of sales or supply contract	Other sales or supply contracts
- Name of contract concluded	Engine for vessels
2. Details of contract	Contract amount (KRW)	56,300,000,000
Sales of the latest fiscal year (KRW)	830,000,000,000
Ratio to sales (%)	6.8
Classified as a large-sized corporation?	No
3. Counterparty to contract	Samsung Heavy Industries Co., Ltd.
- Relationship to company	-
4. Regions of sales or supply (markets served)	Domestic
5. Contract period	Start date	2022-03-31
End date	2024-05-02
6. Terms and conditions of contract	-
7. Effective date of contract (receipt of orders)	2022-03-31
8. Withholding of disclosure	Reasons for withholding disclosure	-
Withholding period	-
9. Other matters to be factored into investment decisions
1. The contract above is intended for supplying engines for vessels scheduled to be built by Samsung Heavy Industries. 2. "2. Recent sales" are based on the consolidated financial statements as of the end of 2020, and the contract value and recent sales have been rounded up to the nearest KRW 100 million, respectively. 3. "2. Contract amount" above was calculated by applying the basic exchange rate (KRW1,210.80/USD) as of the date of the conclusion of contract. 4. "5. Contract period" is subject to change according to the progress of the vessel construction schedule. 5. "7. Effective date of contract (receipt of order)" is the effective date of the Letter of Intent (LoI) for the supplying of engines executed with Samsung Heavy Industries.
※ Related disclosure	-