Hyundai Glovis CEO Lee Gyubok: "We Will Support Execution Within the AI Robotics Ecosystem"

25th Hyundai Glovis Annual General Meeting
Improving Fundamentals Across Logistics, Shipping, and Distribution
AI and Robotics Ecosystem... Serving as a Core Axis of the Group's Supply Chain

Lee Gyubok, CEO of Hyundai Glovis, stated, "Within the AI robotics ecosystem being developed by the Hyundai Motor Group, we will play a role in optimizing logistics and supply chain flows to effectively connect the capabilities of each affiliate."

During his greeting speech at the regular shareholders' meeting held on the 26th at the Seoul Seongsu headquarters, Lee said, "As robotics technology expands into field operations and business, we will provide practical execution capabilities to support this transition."

Hyun Kyu-bok, CEO of Hyundai Glovis, is delivering a greeting at the regular shareholders' meeting held on the 26th at the headquarters in Seongsu, Seoul. Hyundai Glovis

Lee also commented, "In 2026, the volatility and complexity of the global supply chain environment will increase further due to changes in U.S. tariff policies and crises in the Middle East, among other geopolitical conflicts." He added, "Such changes will bring both challenges and opportunities to the logistics sector as a whole." He emphasized, "Hyundai Glovis views this as a critical period to strengthen our business fundamentals and proactively prepare for mid- to long-term competitiveness."

Hyundai Glovis has continued to achieve growth in its performance. In 2025, Hyundai Glovis recorded sales of 29.5664 trillion won and operating profit of 2.073 trillion won, achieving its highest-ever results for the second consecutive year. Operating profit increased by 18% year-on-year, resulting in a significant improvement in profitability. Lee assessed, "This is the result of consistently pursuing a strategy focused on growth through asset expansion and increasing clients outside the group," and added, "The efforts of our employees and the trust of our shareholders have borne fruit."

This year, Hyundai Glovis plans to enhance operational competitiveness at key global logistics hubs and strengthen its ability to serve non-affiliated clients. The company aims to establish a more stable, integrated logistics portfolio spanning land, sea, and air, and to improve both service quality and profitability through the advancement of automation and digital-based operations.

In the shipping business, Hyundai Glovis will secure cost competitiveness by operating its fleet centered on fixed vessels and will expand collaboration with local automobile manufacturers (OEMs) in China based on this foundation. At the same time, the company will broaden its transport coverage to include commercial vehicles and construction equipment, and will gradually establish a business base to respond to future demand, such as eco-friendly energy transportation.

In the distribution business, Hyundai Glovis will begin full-scale integrated operation of CKD (Completely Knocked Down) products and expand the number of supply countries to enhance global supply competitiveness. Along with improving operational efficiency through automation, the company intends to continuously identify new growth opportunities linked to the group value chain in new businesses such as used car and strategic material distribution.

Lee commented, "Hyundai Glovis is focusing its management on executing and proving our growth strategy through results by 2030." He added, "In our existing businesses, we will enhance asset efficiency and profitability, while in new businesses, we will establish a foundation for generating substantial profits over the mid- to long-term."

He particularly emphasized building a virtuous cycle structure by leveraging asset-based competitiveness. He explained, "We will connect the financial results secured from rationalizing and expanding our fleet operations to investments in profitable assets and to securing a foundation for future growth." He continued, "We will ensure both business stability and growth potential."

Meanwhile, at the shareholders' meeting, all agenda items were approved as originally proposed, including the approval of financial statements, partial amendments to the articles of incorporation, appointment of directors, separate election of outside directors as audit committee members, and approval of the limit on directors' remuneration.

The proposal for dividends, which is at the core of the shareholder return policy (a dividend of 5,800 won per share), was also approved as originally proposed. The record date for the dividend is March 31.

In addition, Cha Eunmi, a female logistics expert, joined the board as an outside director. Cha, who previously served as CEO of FedEx Korea, is recognized as a female professional manager with expertise in the global air logistics industry and management.

This content was produced with the assistance of AI translation services.