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Chapter 1: General Provisions

Article 1 (Corporate Name)

The corporate name of the Company shall be HD Hyundai Marine Solution Co.,
Ltd. in Korean and HD HYUNDAI MARINE
SOLUTION CO., LTD. in English (hereinafter "the Company").

Article 2 (Business Purpose)

The Company's business purposes are as follows:

01Vessel construction, conversion, and repair sales

02Vessel parts and steel products manufacturing and sales

03Maritime transportation and trading

04Environmental pollution prevention facilities

05Real estate sales and leasing

06Electrical construction

07Industrial equipment export

08Leisure sports facilities and welfare facilities operation

09Fire protection equipment construction

10Machinery industry (internal combustion engines and turbines, shafts, motion transmission devices, valves and pipe fittings, molds, forgings, pumps and motors, paper pulp and paper machinery, material handling machinery, metal working machinery manufacturing and sales)

11Thermal equipment manufacturing and specific thermal equipment construction

12Waste treatment facility design and construction

13Information and communications construction

14Education and lifelong education facility operation

15Industrial equipment manufacturing, sales, and service

16 Overseas construction (general construction, general construction work, telecommunications construction, special construction, electrical construction, tower installation construction)

17Industrial and medical robots and related automation equipment manufacturing and sales

18Automation system manufacturing and sales

19Laser system manufacturing and sales

20Logistics system manufacturing and sales

21Working models and show exhibition equipment manufacturing and sales

22Metal structure manufacturing

23Marine equipment manufacturing (marine engines, stern tubes, shafts, propellers, anchors, rudders, electrical equipment manufacturing, sales, installation, repair, and after-sales service, engine parts sales, installation, and after-sales service)

24Hydraulic and pneumatic equipment and hydraulic application equipment manufacturing and sales

25Power generation, transmission, transformation, and distribution electrical equipment manufacturing

26Power electronics, industrial control equipment, and control system manufacturing and sales

27Electrical products and instruments manufacturing and sales

28Machinery equipment installation and training services

29Field engineering

30Facility operation and maintenance

31Parts production and regeneration

32Industrial equipment manufacturing, sales, and repair

33Engineering activities and business

34Consulting business (technical expertise)

35Personnel dispatch services

36System integration business (software development and supply, integrated automation system analysis, development, design, and installation)

37Wired and wireless communication equipment manufacturing and sales

38Energy conservation business

39Oil field development and crude oil production equipment manufacturing, sales, installation services, and ancillary business

40Informatization business

41Management and technical service business

42Scrap metal sales

43Navigation radio equipment and surveying instrument manufacturing and sales

44Renewable energy product manufacturing, sales, facility engineering, power plant development, operation management, and construction

45Maritime transportation

46Vessel leasing and vessel management

47Shipping agency and brokerage

48Machinery equipment agency and brokerage

49Marine equipment and industrial machinery-related business

50Industrial machinery parts manufacturing and sales

51Other parts sales and goods supply

52Machinery and equipment repair

53Vessel leasing and shipping

54Intangible property leasing

55Neighborhood facility operation

56Research and development and research business in shipbuilding, machinery, electrical, and electronic equipment

57Other professional, scientific, and technical services

58Fuel and related product sales

59Domestic cargo transportation business

60Basic telecommunications (without line facilities) and value-added telecommunications business

61Communication equipment manufacturing, sales, and telecommunications sales

62Chemical substance sales and related business

63Carbon credit brokerage, sales, and related business

64Platform services

65AI-based system development and supply

66Port logistics and distribution services

67All business incidental to the above businesses

Article 3 (Location of Head Office and Branches)

01The Company's head office shall be located in Seongnam-si, Gyeonggi-do.

02When necessary, the Company may establish factories, branches, offices, or locations domestically and internationally according to Board of Directors resolutions.

Article 4 (Public Notice)

The Company's public notices shall be posted on the Company's website (http://www.hd-marinesolution.com). However, if posting on the website is impossible due to system failures or other unavoidable circumstances, notices may be published in the Korea Economic Daily, a daily newspaper published in Seoul.

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