Kia (000270) Investor presentation summary

2030 growth strategy

• Wholesale sales target 4.2M units by 2030, driven by diversified powertrains, new segments and the SDV transition.

• HEV sales target 993k units in 2030 vs 383k in 2024; EV target 1.259M vs 194k.

• Target 56% xEV mix in 2030: EV 30%, XHEV 26% and ICE 44%.

• 2030 regional sales mix: developed markets 59% and emerging markets 41%.

Product and technology expansion

• Operating lineup held at 32 models from 2025 to 2030; ICE models decline from 23 to 17, while EV models increase from 9 to 15.

• Volume EV expansion includes EV2, EV3, EV4 and EV5; flexible mixed-production plants are intended to match ICE/EV output to demand and limit new facility investment.

• PBV target: 250k units by 2030, with B2B use cases including hailing, logistics and WAVs; Tasman targets 80k annual units and a North American EV pickup targets 90k.

• SDV roadmap moves from platform development to full-stack internalization by 2026 and advanced hardware-software integration from 2027, including L2+ autonomous driving and Pleos Vehicle OS.

Financial targets and investment

• 2025 plan targets 3.2M wholesale units, KRW 112.5T revenue and KRW 12.4T operating profit, with 11.0% OPM.

• Mid- to long-term OPM target is 10%+; operating profit targets are KRW 15T in 2027 and KRW 18T in 2030.

• 2025-2029 investment plan totals KRW 42T vs KRW 38T for the prior plan; future-business investment rises to KRW 19T from KRW 15T.

• 2025-2027 financial goals: revenue CAGR 10%+, operating profit 10%+ and ROE 15%+.

• Mid- to long-term TSR target 35%; dividend policy sets minimum DPS of KRW 5,000 and payout ratio of 25% or more for 2025-2027, with buybacks up to 10% of profit.