Hanjin Heavy Industries & Construction Co. Ltd.

06/28/2022 | Press release | Distributed by Public on 06/28/2022 01:35

Conclusion of Single SalesContract or Supply Contract

Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Receipt of construction order
- Name of contract concluded Rceipt of orders for two LNG dual fuel
container ships
2. Details of contract Contract amount (KRW) 311,318,532,000
Sales of the latest fiscal year (KRW) 1,706,531,938,005
Ratio to sales (%) 18.24
Classified as a large-sized corporation? Yes
3. Counterparty to contract Shipowners in European regions
- Relationship to company -
4. Regions of sales or supply (markets served) European regions
5. Contract period Start date 2022-06-22
End date 2024-12-31
6. Terms and conditions of contract -
7. Effective date of contract (receipt of orders) 2022-06-22
8. Withholding of disclosure Reasons for withholding disclosure -
Withholding period -
9. Other matters to be factored into investment decisions
1. The "Sales of the latest fiscal year (KRW)" above is based on the consolidated financial statements as of the end of 2021.

2. The "Contract amount (KRW)" above was calculated by applying the initial
exchange rate (KRW1,290.60/USD) as of the date of the conclusion of contract.

3. The above contract amount and final settlement amount are subject to change
according to the progress of ship construction.
※ Related disclosure -