Ssangyong Motor

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Title Final approval of the rehabilitation plan on August 26, 2022
Date 2022-08-29

sangyong Motor to lay the foundation for business normalization with

final approvalof the rehabilitation plan on August 26, 2022


 ▪ Successful completion of the meeting of stakeholders with overwhelming consent from creditors,

   laying the foundation for future growth and development

 ▪ Financial soundness and capital structure improvement through debt restructuring and

   Debt-Equity Swap according to the rehabilitation plan

 ▪ Scheduled to apply for termination of corporate rehabilitation procedures in October after completion

   of repayment of rehabilitation debt due to the decision of the rehabilitation court

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attached file :