AT A GLANCE,,. AT A GLANCE million won 4,070,644 1,800 million US dollars 180 countries 11,000 persons thousand units 65,600 1960..,. GLOBAL TOP TIER.

ANNUAL REPORT 2012 MOVE FORWARD KUMHO TIRES 02 SECURELY 04 FINANCIAL HIGHLIGHTS 06 VISION AND STRATEGY 08 INTERNATIONALLY 10 GLOBAL MARKETING 12 KUMHO TIRES AND CHINA 14 AS A LEADER 16 TECHNOLOGY LEADERSHIP 20 TOGETHER 22 ENVIRONMENTAL MANAGEMENT 24 CSR 26 CEO MESSAGE 28 BRAND PORTFOLIO 30 NEWS HIGHLIGHTS 32 44 51 57 60 GLOBAL NETWORK IR CONTACTS IR hkc71@kumhotire.com IR yjyun2@kumhotire.com 1 115 T 02. 6303. 8114 F 02. 6303. 8297 www.kumhotire.co.kr

AT A GLANCE,,. AT A GLANCE million won 4,070,644 1,800 million US dollars 180 countries 11,000 persons thousand units 65,600 1960..,. GLOBAL TOP TIER. KOREA CHINA VIETNAM 33,100 thousand units 29,200 thousand units 3,300 thousand units KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012

01 KUMHO TIRES ANNUAL REPORT 2012....

FINANCIAL HIGHLIGHTS.. KEY FIGURES l 2008.. 2009 2010 2010 2011 2012, 2 3,530,007 174,592 4.95% 51,083 3,915,876 193,653 4.95% 26,854 4,070,644 375,346 9.22% 130,586. 2012 4, 2012 9%. 2010 500% 218%. 4,863,440 4,355,814 507,626 858.1% 4,924,534 4,355,034 569,500 764.7% 4,781,013 3,850,889 930,124 414.0% 2013,, 2012. 2013.. l.... 3,530,007 3,915,876 4,070,644 3 CAGR +7.4% /per year +46.6% /per year 496.8% 217.9% 2010 2012 2010 2011 2012 CAGR l COMPOUND ANNUAL GROWTH RATE, CAGR l 04 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 05

VISION AND STRATEGY Mission. 2013 CUSTOMER VALUE MAXIMIZER. CUSTOMER VALUE MAXIMIZER Vision GLOBAL TIRE BRAND 2017 7 10+% 2013 G. G. 2013 M/S,. / HIT. GLOBAL,,,,.,,. GLOBAL 4,,,...,. 06 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 07

02 KUMHO TIRES ANNUAL REPORT 2012 금호타이어는 세계를 향해 나아갑니다. 금호타이어는 국내 최고가 아니라 세계 최고를 향해 나아갑니다. 금호타이어는 더 넓은 곳을 향한 도전을 멈추지 않으며, GLOBAL TOP TIER 기업으로 도약하기 위해 끊임없이 노력하고 있습니다. 금호타이어는 180 여 개국에 연간 18 억 달러 이상을 수출하고 있는 글로벌 타이어 기업으로 전 세계에 8 개의 생산기지와 4개의 연구소, 9개의 판매법인과 17개의 지사 및 사무소를 갖추고 있으며, 글로벌 마케팅 전략을 통해 전 세계 고객에게 친숙하게 다가가기 위한 노력을 멈추지 않고 있습니다.

GLOBAL MARKETING.. SPORTS MARKETING,.. 2007 2011 SV SK. 2010 5 USC,,,, NBA LA. 2011 NFL, 2 20112013 NHL 2 2011~2013 4 3. UHP BIG 5. SPONSORSHIP NBA LA NFL NHL SV SK LOCAL MARKETING 1965 60%... 2012 10 AUTOPACIFIC 2012 TOURING TIRES MICHELIN PIRELLI, GOODYEAR 22 1. 1. 7., CSR... 10 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 11

GLOBAL KUMHO TIRES MARKETING AND CHINA.... 224 million cars 2017 455 million units 2017 CHINA IN THE GLOBAL MARKET KUMHO TIRES IN CHINA 1994., TBR,, 4, 2006. 2009 2014. 4 plants 29.2 million units. CAPA 6,560 4 45% 2,920,, 13 60. 1990 554 CAPA. 2012 2012 6 1 1,400 CTCC,,,, 2020 2 TV//,. CRIA., 2010 4 400 2001 1 2,300 14.1%. 2009 2013 //,,. 2012 RE. OE SGM CODA : LMC 12 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 13

03 KUMHO TIRES ANNUAL REPORT 2012 금호타이어는 앞장서서 나아갑니다. 금호타이어는 누 구보다 먼저 나아가며, 앞서 나가 는 것을 두려워하지 않습니다. 금호타이어는 전사적 품질 관리 시스템 구축을 통한 고부가가치 초일류 제품 생산으로 세계 최고 기술력을 지향합니다. 모터스포츠를 통해 금호타이어의 축적된 기술력을 입증하면서, 기술로 세계 타이어 시장을 리드해 나가고 있습니다.

TECHNOLOGY LEADERSHIP,.. FOR PARTNER OE.,. GM,, OE OE. OE DAIMLER GROUP VOLKSWAGEN GROUP BMW GROUP CHRYSLER GROUP FORD GROUP GM GROUP HYUNDAI MOTOR GROUP 16 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 17

TECHNOLOGY LEADERSHIP FOR CUSTOMER.. 2012 KMAC KNPS 5 1, 1 / 5 1.. 2012, 1, ECOWING S, 1, KCSI 1, ECOWING S, KNPS 1, 1, ECOWING S, ECOWING S, IF DESIGN AWARD MAJESTY SOLUS KU50, I'ZEN KW27, ECSTA LE SPORT KU39 RED DOT DESIGN AWARD, ECSTA LE SPORT FOR MOTOR SPORTS 240km. 1992 MG. 2012 F1 2012 AUTO GP, F3 / MASTERS OF F3 2002 10. 2012 5 VLN, RCZ. NO.1 AUTO GRAND PRIX WORLD SERIES AUTO GP 2012~2014 F3 2002~2014 2010~2012 SUPER RACE 2009~2012 2012 6000 VLN CRC 18 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 19

04 KUMHO TIRES ANNUAL REPORT 2012 금호타이어는 세상과 함께 나아갑니다. 금호타이어는 기업과 이윤만 생각하지 않고 사람과 지구를 함께 생각합니다. 국내 업계 최초로 환경경영시스템인 ISO 14001 인증을 받은 금호타이어는 지속적으로 친환경 제품 개발 및 경영을 위해 노력하고 있습니다. 다양한 사회공헌 활동을 통해 전 세계에서 사랑받는 글로벌 기업으로서의 사회적 책임도 다하고 있습니다. 금호타이어는 환경경영에서부터 사회책임경영까지, 자연과 사람을 생각하며 더불어 나아갈 것입니다.

ENVIRONMENTAL MANAGEMENT 1996 ISO 14001 8.. S ECOWING S 1 144 trees S 144/3. 4 500 16. S ECOWING S 2012.. 6.68 % S 6.68% 18 ea S 18 13,339 tco2 13,339 tco2/4 2007 12 2008 2011 1 3,339 tco2. 4 20 290 1.., 2012 2 ECOWING S, ECOWING S 215/60R16, 8 PCR 3, TBR 5 EL MARK ECOWING ALL SEASON EU TIRE LABELING A/A 22 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 23

CSR.,,,.. FOR WOMEN. 2012 6,. 10 130, 11 2012 1 522. FOR CHILDREN,. 6.. 2012 7. FOR IMMIGRANTS 2012 4 MOU 20,,,. FOR COMMUNITIES. 2007 1, 2012. 24 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 25

CEO MESSAGE 2013.,.?., 2013.,, 2012 4.0%, 105.2%.,. 2013.,...... VOC VOICE OF CUSTOMER,. //,,.,.,.... 2013, 2013. CEO 26 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 27

KUMHO TIRES BRAND PORTFOLIO 금호타이어는 차량과 제품의 특성에 따라 다양한 제품 브랜드를 운영하고 있습니다. 초고성능 타이어에서부터 프리미엄 세단용, 친환경 타이어까지 다양한 제품 브랜드를 통해 고객과 만나고 있습니다. 아이젠은 눈길, 빙판길에서 안전한 주행을 제공하는 겨울용 타이어입니다. KW27 ㅣXW KW17 ㅣKW15 ㅣKW11 에코윙 시리즈는 최첨단 친환경 기술과 신 컴파운드 소재 적용으로 회전저항을 저감, 연비 개선 효과가 탁월하며, 이산화탄소 배출을 최소화한 저연비 친환경 타이어입니다. 시티 벤처는 도심 주행에서 최고의 승차감과 핸들링 성능을 제공하는 SUV 전용 타이어입니다. PREMIUM ㅣAPT 로드 벤처는 온/오프로드를 넘나드는 정통 SUV 전용 타이어입니다. 포뮬러 테크놀로지를 기반으로 만든 엑스타 AT ㅣMT 시리즈는 고속 주행 시 안정적인 핸들링 성능을 발휘하는 초고성능 스포츠 타이어입니다. LE SPORT ㅣXS ㅣLX ㅣKU19 ㅣ4X 솔루스 시리즈는 일반 타이어에서 느낄 수 없는 정숙성과 편안한 승차감을 제공해주는 타이어입니다. MAJESTY ㅣXC ㅣXPERT 실속파 운전자를 위한 가격대비 성능을 만족시킨 경제형 타이어입니다. 28 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 29

NEWS HIGHLIGHTS 1 JANUARY TOKYO AUTO SALON 2012 > 4 APRIL > 7 JULY F3 > 10 OCTOBER > 13 15, 14~15 2012. V70A, MOU. F3 ECSTA. 2002 2014. 130, 106 2 11.,.,.,. F3,.. 2 FEBRUARY > 5 MAY DODGE DART OE > 8 AUGUST CTCC > 11 NOVEMBER > 3 OE CTCC 2013 S 2 IF.. CTCC. LE 4 2012 FASC.,. SOLUS KH25 2 FIA 10,000. S. T125/80R17. CCTV.. 3 MARCH S > 6 JUNE 2012 > 9 SEPTEMBER KCSI 8 1 > 12 DECEMBER KNPS 5 1 > 2012 12 21 2012 2012 1 S. S YF 2 km 272 kg/, 1 2012. S, 4X, KCSI 8 1. 70.6, KNPS 32.3 5 1. 6 KNPS, 23 2,000/.... 30 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 31

BUSINESS REPORT 01 1 01 02 03 04 05 06, 07 08, 09, 10 11 12 13 14 15 16 17 18 19 2,, 3, 33 36 37, 38 39 39 40 41 42, 43 43 16 NANJING KUMHO TIRE CO., LTD. KUMHO TIRE (TIANJIN) CO., INC. TIRE TIRE TIRE, TIRE, TUBE, FLAP TIRE TIRE 1 115 555 () 145 67915,, KATC (U.S.A.), KETC (U.K.), KCTC (CHINA) 39727 418 HEYAN ROAD, NANJING, JIANGSU, CHINA NO. 333 ZHONGNAN, 2ST. TEDA, TIANJIN, CHINA KUMHO TIRE (CHANGCHUN) CO., INC. TIRE NO. 677 JINHU ROAD, CHANGCHUN, CHINA KUMHO TIRE (VIETNAM) CO., LTD. TIRE GCN, MY PHUOC3, INDUSTRIAL PARK, BEN CAT DIST., BINH DUONG PROVINCE, VIETNAM KUMHO TIRE GEORGIA, INC. TIRE 3051 KUMHO PARKWAY, MACON, GA31216, U.S.A. 9 TIRE, TUBE, FLAP,,, 17 TIRE, TUBE, FLAP,,,,,, 32 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 33

01 01 4 l 03 4,705 44 4,749 12 31 230 230 1 1 1 31 4,935 44 4,979 12 31 1, 5, 10, 50, 100, 500, 1000, 10000(8) 5 l l 432 TEL: 02) 3685860 01 l, 6 126,257,598 631,287,990 100% ( ) ( ) 11 2010. 07. 23 1,582 2.00% 1,582 2014. 12. 31 44 02 l 2,082 1,790 l 5, 2011 7 23 2014 12 30. 1 () () () () l. 2005. 02. 16 5,000 11,200,000 56,000,000 306,000,000 2005. 02. 17 5,000 6,800,000 34,000,000 340,000,000 2005. 03. 04 5,000 2,000,000 10,000,000 350,000,000 2009. 12. 31 5,000 8,343 41,715 350,041,715 2010. 10. 15 5,000 71,686 358,430 350,400,145 2010. 10. 15 5,000 59,853,639 299,268,195 51,131,950 2010. 11. 29 5,000 80,489,952 402,449,760 453,581,710 2010. 12. 31 5,000 2,488,278 12,441,390 466,023,100 2011. 09. 30 5,000 9,303,974 46,519,870 512,542,970 2011. 12. 31 5,000 3,848,527 19,242,635 531,785,605 2012. 04. 10 5,000 7,272,741 36,363,705 568,149,310 2012. 05. 22 5,000 12,627,736 63,138,680 631,287,990 34 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 35

02 03, 1 l 1 () 10 9 10 9 TIRE( ) NONTIRE(TON) 29,153 1,270 30,576 1,572 2,418,532 2,587 2,353,293 2,254 2 l,, % 2,421,119 2,355,547 2 l, KUMHO TIRE EUROPE GMBH KUMHO TYRE (U.K.), LTD. OFFENBACH, GERMANY LONDON, U.K. EUR GBP 9,074 20 TIRE 20,000 100% 100% TIRE KUMHO TIRE U.S.A., INC. RANCHO CUCAMONGA, U.S.A. USD 21,200 212,000 100% 10 9 KUMHO TIRE CANADA INC. VANCOUVER, CANADA CAD 54 537 100% KUMHO TYRE AUSTRALIA PTY., SYDNEY, AUSTRALIA AUD 5,100 5,100,000 100% LTD. TIRE 30,105 14,100 44,205 2,477,619 827,497 3,305,116 30,812 14,719 45,531 2,412,563 787,179 3,199,742 KUMHO TIRE JAPAN INC. KUMHO TIRE (H.K.) CO., LTD. TOKYO, JAPAN HONGKONG JPY USD 40,000 589,945 40,012 589,945,457 100% 100% NONTIRE 44,205 37,212 3,342,328 45,531 48,225 3,247,967 NANJING KUMHO TIRE CO., LTD. KUMHO TIRE (TIANJIN) CO., INC. NANJING, JIANGSU, CHINA TIANJIN, CHINA RMB RMB 1,384,171 2,029,675 TIRE, KUMHO H.K. KUMHO H.K. KUMHO TIRE CHINA CO., INC. SHANGHAI, CHINA RMB 277,475 TIRE KUMHO H.K. 3 l KUMHO TIRE(VIETNAM) CO., LTD. BINH DUONG PROVINCE, VIETNAM USD 128,342 TIRE KUMHO H.K. KUMHO TIRE (CHANGCHUN) CO.,INC CHANCHUN, CHINA RMB 763,739 KUMHO H.K. R&D 2012. 1. 1~12. 31 2012. 1. 1~12. 31 2012. 1. 1~12. 31 2012. 1. 1~12. 31 2012. 1. 1~12. 31 2012. 1. 1~12. 31 19,041 6,535 1,901 9,884 62,949 3,651 ( ) ( ) ( ) ( ) ( ) ( ) KUMHO TIRE (VINA) CO., LTD. KUMHO TIRE FRANCE S.A.S. KUMHO TIRE GEORGIA HOLDING, LLC. KUMHO TIRE GEORGIA, INC. BINH DUONG PROVINCE, VIETNAM PARIS, FRANCE HENRY COUNTY, GEORGIA, U.S.A. MACONBIBB, GEORGIA, U.S.A. USD EUR USD USD 83 670 5,479 11,100 TIRE TIRE TIRE, KUMHO H.K. 67,000 KUMHO U.S.A. KUMHO U.S.A. 100.0% 2012. 1. 1~12. 31 12,366 ( ) 116,327 3, KUMHO TIRE (VIETNAM) CO., LTD. KUMHO TIRE (H.K.) CO., LTD. 36 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 37

04 05 1 () l 10 9 8 3,342,328 2,709,881 632,447 3,247,967 2,652,144 595,823 2,701,990 2,096,012 605,978 06 360,321 272,126 336,858 258,966 373,200 232,778 73,101 81,224 226,106 272,179 185,915 445,309 73,049 154,275 13,575 () 53,761 126,810 48,160 106,115 13,431 144 / 2 () l 10 9 8 1,368,237 2,009,925 3,378,161 1,172,395 1,415,660 1,930,868 3,346,528 1,522,797 1,417,131 1,674,995 3,092,126 1,583,745 J. ROBERTO C. DELGADO 1,143,211 1,129,476 990,237 2,315,606 2,652,274 2,573,981 631,288 531,786 466,023 211,874 96,673 341,429 16,618 16,618 18,645 66 43,030 145 236,078 125,443 270,807 1,062,555 694,254 518,145 3,378,161 3,346,528 3,092,126 38 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 39

07 08 2012. 12. 31 l, () (%) 12,627,736 10.00% 858,168 13,161,600 10.42% 13,161,600 10.42% 399,028 22,514,800 17.83% 22,514,800 17.83% 70,663 7,544,200 5.98% 7,640,454 6.05% 32,627 7,197,800 5.70% 7,544,200 5.98% 37,448 2,642,600 2.09% 63,488,790 50.28% 87,309 2,160,000 1.71% 5,. 27,996 15,697 309,600 352,600 0.25% 0.28% 22,619 2,750,000 2.18% 16,991 4,601,800 3.64% 3,831 1,150,400 0.91% 550 156,800 0.12% 2,062 587,600 0.47% 1,574,989 65,129,800 51.58% 40 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 41

09, 10 ( ) KUMHO TIRE EUROPE GMBH KUMHO TYRE (U.K.), LTD. () 20,000 (%) 100.0 100.0 () (%) 11 KUMHO TIRE U.S.A., INC. KUMHO TIRE CANADA INC. 212,000 537 100.0 100.0 KUMHO TYRE AUSTRALIA PTY., LTD. 5,100,000 100.0 KUMHO TIRE JAPAN INC. KUMHO TIRE (H.K.) CO., LTD. 40,012 589,945,457 100.0 100.0 KUMHO TIRE FRANCE S.A.S. 67,000 100.0 NANJING KUMHO TIRE CO., LTD. KUMHO TIRE (H.K.) CO., LTD. 83.1 KUMHO TIRE (TIANJIN) CO., INC. KUMHO TIRE (H.K.) CO., LTD. 100.0 KUMHO TIRE CHINA CO., INC. KUMHO TIRE (H.K.) CO., LTD. 99.2 KUMHO TIRE (VIETNAM) CO., LTD. KUMHO TIRE (H.K.) CO., LTD. 100.0 KUMHO TIRE (CHANGCHUN) CO.,INC KUMHO TIRE (H.K.) CO., LTD. 100.0 KUMHO TIRE (VINA) CO., LTD. KUMHO TIRE (H.K.) CO., LTD. 100.0 KUMHO TIRE GEORGIA HOLDING, LLC. KUMHO TIRE U.S.A., INC. 100.0 KUMHO TIRE GEORGIA, INC. KUMHO TIRE U.S.A., INC. 100.0 42 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 43

FINANCIAL REPORT 01 10 2012 12 31 9 2011 12 31 l 10 9. 1,368,236,710,878 1,415,659,791,018 1. 77,310,518,603 74,790,079,820 2. 35,517,080,188 3. 60,000 19,030,000 4. 834,340,488,423 904,139,533,481 5. 81,367,737,964 79,088,499,257 6. 287,400,107,189 300,209,029,616 7. 52,300,718,511 57,413,618,844. 2,009,924,683,929 1,930,867,841,753 1. 32,357,000 34,857,000 2. 182,317,691,700 192,352,917,631 3. 301,143,438,997 289,113,838,997 4. 316,236,228,843 333,589,072,718 () 5. 6. 1,048,967,974,344 28,816,382,556 1,013,662,836,081 33,857,710,362 45 47 47 48 50 7. 8. 9. 7,852,537,111 102,684,066,796 21,874,006,582 3,378,161,394,807 7,882,261,433 32,018,414,232 28,355,933,299 3,346,527,632,771 ( ) 51 53 54 56 57 58 59 44 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 45

01 10 2012 12 31 9 2011 12 31 02 10 2012 1 1 2012 12 31 9 2011 1 1 2011 12 31 l l 10 9 10 9. 3,342,328,372,308 3,247,967,259,454. 1. 2. 3. 4. 5. 6. 7. 8.. 1. 2. 260,031,479,029 714,795,980,557 7,680,150,000 159,734,917,499 2,441,278,112 3,209,793,723 24,500,937,198 149,490,968,173 778,558,514,465 1,172,394,536,118 1,143,211,420,487 448,261,288,478 788,921,547,080 75,295,108,204 180,872,987,982 2,995,071,660 2,421,438,700 24,029,849,946 130,102,177,081 760,494,787,480 1,522,797,292,050 1,129,476,346,882. III. IV... 1. 2. 3. 4.. (). () IX. X. 2,709,880,957,100 632,447,415,208 360,321,315,445 272,126,099,763 199,077,480,068 28,807,807,437 129,512,306,358 44,293,667,949 142,666,649,096 73,048,619,695 53,761,070,075 126,809,689,770 26,789,078,624 2,652,144,149,600 595,823,109,854 336,857,604,026 258,965,505,828 104,690,233,336 50,619,458,390 55,456,218,749 30,604,831,794 130,458,304,771 154,275,272,492 48,160,345,739 106,114,926,753 52,616,561,228 3. 139,603,024,385 163,164,426,299 1. 42,963,533,476 43,174,355,198 4. 5. 6. 26,571,200,968 7,834,522,776 41,153,189,720 2,315,605,956,605 21,897,355,293 13,794,911,009 40,022,689,720 2,652,273,638,932 2. XI. XII. 16,174,454,852 153,598,768,394 1,057 949 9,442,206,030 53,498,365,525 1,083 898. 631,287,990,000 531,785,605,000. III. IV. V. 211,873,582,048 16,617,857,698 66,251,318 236,077,975,170 1,062,555,438,202 96,673,291,079 16,617,857,698 43,029,784,794 125,442,740,252 694,253,993,839 03 10 2012 1 1 2012 12 31, 2013 3 29 9 2011 1 1 2011 12 31, 2012 3 30 l 3,378,161,394,807 3,346,527,632,771 10 9. 236,077,975,170 127,470,254,696 1. 125,442,740,252 30,797,533,973 2. 126,809,689,770 106,114,926,753 3. 16,174,454,852 9,442,206,030. 2,027,514,444 1. 2,027,514,444. 236,077,975,170 125,442,740,252 46 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 47

04 10 2012 1 1 2012 12 31 9 2011 1 1 2011 12 31 l () 2011 1 1() 466,023,100,000 341,428,952,209 18,645,372,142 144,570,404 270,806,564,337 518,144,686,134 106,114,926,753 106,114,926,753 : 43,174,355,198 43,174,355,198 9,442,206,030 9,442,206,030 43,174,355,198 96,672,720,723 53,498,365,525 301,604,098,310 301,604,098,310 19,242,635,000 3,337,986,300 22,580,621,300 2,027,514,444 2,027,514,444 46,519,870,000 54,893,446,600 101,413,316,600 259,730,610 259,730,610 1,123,265,110 1,123,265,110 2011 12 31() 531,785,605,000 96,673,291,079 16,617,857,698 43,029,784,794 125,442,740,252 694,253,993,839 2012 1 1() 531,785,605,000 96,673,291,079 16,617,857,698 43,029,784,794 125,442,740,252 694,253,993,839 126,809,689,770 126,809,689,770 : 42,963,533,476 42,963,533,476 16,174,454,852 16,174,454,852 42,963,533,476 110,635,234,918 153,598,768,394 36,363,705,000 5,672,737,980 42,036,442,980 63,138,680,000 109,527,552,989 172,666,232,989 2012 12 31() 631,287,990,000 211,873,582,048 16,617,857,698 66,251,318 236,077,975,170 1,062,555,438,202 48 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 49

05 10 2012 1 1 2012 12 31 9 2011 1 1 2011 12 31 06 10 2012 12 31 9 2011 12 31 l l 10 9 10 9. 80,066,215,078 103,103,242,247 1. (1) (2) (3) 2. 3. 4. 5.. 1. (1) (2) (3) 175,522,886,021 126,809,689,770 278,326,640,002 229,613,443,751 1,172,439,004 83,609,496,254 13,019,613,693 4,242,592,707 2,493,751,305 157,907,921 1,557,188,481 167,010,592,575 167,938,795,622 106,114,926,753 296,894,489,569 235,070,620,700 296,926,670 66,723,944,737 2,674,312,000 1,082,847,308 23,436,699,982 1,603,499,169 21,636,355,417 196,845,396 224,560,821,093. 1. 2. 3. 4. 5. 6. 7.. 1. 2. 3. 147,443,764,908 158,590,415,513 60,000 638,858,407,159 10,084,991,407 786,079,052,920 43,077,632,997 259,772,312 182,317,691,700 166,187,177 1,784,134,324,904 2,996,878,823,643 146,163,128,783 133,765,593,016 19,030,000 741,641,870,729 17,345,911,940 786,783,109,439 54,097,112,242 238,315,126 192,352,917,631 175,081,964 1,879,815,756,149 3,044,717,930,028 (4) 33,745,000 4. 2,336,398,101,879 2,431,043,381,845 2. (1) (2) (3) (4) (5) 171,253,185,282 35,517,080,188 7,034,936,104 12,029,600,000 12,275,000 115,653,158,607 247,997,521,075 147,138,027,511 37,796,500,000 11,305,000 62,709,200,582 5. 6. 7. 8. 52,445,804,239 262,571,476,765 131,099,596,333 31,620,193,238 4,781,013,148,547 58,320,533,906 265,220,021,087 63,351,105,224 34,016,573,245 4,924,533,686,177 (6) 496,635,383 342,487,982 (7) 509,500,000. 91,815,657,336 59,682,046,064 1. 567,515,327,308 422,201,095,004 (1) 337,363,926,389 399,569,740,945 (2) 14,910,075,000 (3) 172,666,232,989 (4) 42,036,442,980 22,127,256,851 (5) 538,649,950 504,097,208 2. 475,699,669,972 362,519,048,940 (1) 390,419,309,011 349,202,811,379 (2) 9,127,217,803 42,921,400 (3) 76,153,143,158 2,023,316,161 (4) 11,250,000,000. () (++) 4,871,279,839 61,775,532,782. 74,790,079,820 137,809,477,483. 2,350,841,056 1,243,864,881. 77,310,518,603 74,790,079,820 50 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 51

06 10 2012 12 31 9 2011 12 31 07 10 2012 1 1 2012 12 31 9 2011 1 1 2011 12 31 l l 10 9 10 9. 4,070,643,977,953 3,915,875,746,657. 2,264,506,886,872 2,798,857,296,649. 3,039,092,256,170 3,109,732,185,189 1. 484,458,124,845 684,063,823,226 III. 1,031,551,721,783 806,143,561,468 2. 1,257,952,839,088 1,223,446,971,994 IV. 656,205,392,643 612,490,078,897 3. 75,295,108,204 V. 375,346,329,139 193,653,482,571 4. 323,725,427,427 456,082,347,411 VI. 288,985,830,909 172,744,219,023 5. 165,086,985,912 308,019,624,954 1. 65,874,953,465 90,055,668,656 6. 28,829,967,159 46,203,508,805 2. 172,643,546,052 98,671,452,625 7. 4,453,542,441 5,745,912,055 3. 41,238,542,842 55,155,124,775. 1,586,382,153,663 1,556,176,246,952 4. 223,455,781,164 219,283,559,829 1. 149,490,968,173 130,102,177,081 VII. () 86,360,498,230 20,909,263,548 2. 1,186,126,678,573 1,156,087,185,358 VIII. () 44,225,738,342 47,763,350,058 3. 139,833,349,971 163,383,936,841 IX. 130,586,236,572 26,854,086,510 4. 26,818,493,765 22,104,625,940 X. 20,738,092,785 29,053,065,469 5. 48,669,381,363 46,591,431,554 1. 42,963,533,476 43,174,355,198 6. 20,993,406,818 23,457,015,143 2. 6,050,985,839 23,563,495,759 7. 14,449,875,000 14,449,875,035 3. 16,174,454,852 9,442,206,030 3,850,889,040,535 4,355,033,543,601 XI. 151,324,329,357 55,907,151,979 XII. 130,586,236,572 26,854,086,510 123,666,892,906 33,562,354,339 810,352,798,399 448,767,723,581 6,919,343,666 6,708,267,829. 631,287,990,000 531,785,605,000 XIII. 151,324,329,357 55,907,151,979. 234,831,493,087 119,631,202,118 146,882,398,849 64,995,092,719 III. 19,538,444,447 19,538,444,447 4,441,930,508 9,087,940,740 IV. 26,381,679,277 13,008,281,518 XIV. V. 62,609,919,518 170,102,357,572 1,031 343 119,771,309,613 120,732,418,995 929 343 930,124,108,012 569,500,142,576 4,781,013,148,547 4,924,533,686,177 52 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 53

08 10 2012 1 1 2012 12 31 9 2011 1 1 2011 12 31 l 2011 1 1() 466,023,100,000 364,386,863,248 20,298,889,518 8,982,250,832 426,674,381,069 392,418,943,493 115,207,226,409 507,626,169,902 33,562,354,339 33,562,354,339 6,708,267,829 26,854,086,510 : 43,174,355,198 43,174,355,198 43,174,355,198 9,442,206,030 9,442,206,030 9,442,206,030 21,183,822,848 21,183,822,848 2,379,672,911 23,563,495,759 21,990,532,350 43,004,560,369 64,995,092,719 9,087,940,740 55,907,151,979 2,027,514,444 2,027,514,444 4,829,817,527 4,829,817,527 301,604,098,310 301,604,098,310 19,242,635,000 3,078,255,690 22,320,890,690 22,320,890,690 46,519,870,000 54,893,446,600 101,413,316,600 101,413,316,600 1,123,265,110 1,123,265,110 1,123,265,110 1,267,069,373 1,267,069,373 1,267,069,373 2011 12 31() 531,785,605,000 119,631,202,118 19,538,444,447 13,008,281,518 170,102,357,572 448,767,723,581 120,732,418,995 569,500,142,576 2012 1 1() 531,785,605,000 119,631,202,118 19,538,444,447 13,008,281,518 170,102,357,572 448,767,723,581 120,732,418,995 569,500,142,576 123,666,892,906 123,666,892,906 6,919,343,666 130,586,236,572 : 42,963,533,476 42,963,533,476 42,963,533,476 16,174,454,852 16,174,454,852 16,174,454,852 3,573,572,681 3,573,572,681 2,477,413,158 6,050,985,839 39,389,960,795 107,492,438,054 146,882,398,849 4,441,930,508 151,324,329,357 36,363,705,000 5,672,737,980 42,036,442,980 42,036,442,980 63,138,680,000 109,527,552,989 172,666,232,989 172,666,232,989 5,403,039,890 5,403,039,890 2012 12 31() 631,287,990,000 234,831,493,087 19,538,444,447 26,381,679,277 62,609,919,518 810,352,798,399 119,771,309,613 930,124,108,012 54 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 55

09 10 2012 1 1 2012 12 31 9 2011 1 1 2011 12 31 l 10 10 9 2012 1 1 2012 12 31 10. 163,380,097,917 46,995,892,762. 1. (1) (2) (3) 2. 3. 343,735,902,808 130,586,236,572 490,829,830,583 277,680,164,347 4,375,860,304 160,483,997,366 192,331,074,990 26,854,086,510 512,700,886,131 293,515,724,631 1,875,217,763 138,435,861,260 1..,,,.,,. 4. 5,403,039,890 4,829,817,527 5.. 1. 18,844,627,939 40,227,369,279 207,804,975,663 3,944,721,204 7,384,472,948 119,281,597,221 2.,,,. (1) (2) (3) 17,884,446,554 98,386,078 80,934,306 2,240,520,000 3,000,000 4,000,000 3.,. (4) (5) 2. 20,606,413,860 1,557,188,481 248,032,344,942 4,944,107,552 192,845,396 126,666,070,169 4.. (1) 46,581,353,409 16,812,415,104 (2) 91,924,889 37,341,763 (3) 192,370,112,515 108,282,944,688 (4) (5) 1,391,036,318 617,496,378 729,981,050 51,359,534 2013 3 (6). 1. (1) 6,980,421,433 1,421,843,571,128 1,150,258,738,719 50,500,132,382 752,028,030 849,356,134,983 610,968,066,336 72,283,128,345 (2) 56,343,506,490 215,496,983,978 (3) 42,036,442,980 22,386,987,461 (4) 538,649,950 504,097,208 (5) 172,666,232,989 2. 1,371,343,438,746 921,639,263,328 (1) 1,096,358,017,583 530,602,287,105 (2) 76,153,143,158 2,023,316,161 (3) 193,562,836,360 385,600,043,012 (4) 5,269,441,645 3,153,886,440 (5) 259,730,610. 2,443,777,455 2,187,637,576. () (+++) 3,631,477,181 142,381,195,228. 146,163,128,783 289,823,356,041. 2,350,841,056 1,279,032,030. 147,443,764,908 146,163,128,783 56 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 57

11 12 2012 12 31,.. 2011 12 31 2012 3 22. 2012 12 31,.. 2011 12 31 2012 3 22........... 2012 12 31. 2012 12 31. 33, 2010 5 31.,. 32, 2010 5 31.,. 2013 3 21 2013 3 21 102 102.... 58 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 59

GLOBAL NETWORK 03 SEOUL OFFICE 1 115 PLANTS 01. 555 () 02. 145 03. 67915 04. NANJING KUMHO TIRE CO., LTD. 418 HEYAN ROAD, NANJING, JIANGSU, CHINA 05. NANJING KUMHO TIRE CO., LTD.TBR PLANT NO.1 XINJINHULU, GAOXINQU, NANJING, JIANGSU, CHINA 06. KUMHO TIRE (TIANJIN) CO., INC. NO. 333 ZHONGNAN, 2ST. TEDA, TIANJIN, CHINA 07. KUMHO TIRE (CHANGCHUN) CO., INC. NO. 677 JINHU ROAD, CHANGCHUN, CHINA 08. KUMHO TIRE (VIETNAM) CO., LTD. GCN, MY PHUOC3, INDUSTRIAL PARK, BEN CAT DIST., BINH DUONG PROVINCE, VIETNAM R&D CENTERS 01. 555 02. KATC(U.S.A.) KUMHO TIRE AMERICA TECHNICAL CENTER 711 KUMHO DRIVE, AKRON, OHIO 44333, USA 03. KECT(GERMANY) KUMHO TIRE EUROPE TECHNICAL CENTER STARKENBURG STRASSE 10, 64546, MOERFELDENWALLDORF, GERMANY 04. KCTC(CHINA) NO.49 XINYE 3 STREET, THE WEST ZONE OF TEDA, TIANJIN, CHINA OVERSEAS SALES CORPORATIONS 01. KUMHO TIRE U.S.A., INC. 10299 6TH STREET RANCHO CUCAMONGA, CA 91730 U.S.A. TEL. 1909)4283999 / FAX. 1909)4283992(3)(5) 02. KUMHO TIRE EUROPE GMBH BRUESSELER PLATZ 163067, OFFENBACH AM MAIN GERMANY TEL. 4969)943318(0) / FAX. 4969)490069 03. KUMHO TYRE (U.K.) LTD. 6TH FLOOR NINE SUTTON COURT ROAD SUTTON,SURREY SM1 4SZ, UK TEL. 44020)89150627(5) / FAX. 44020)86612771 05 01 06 02 07 05 09 08 04 03 04 02 01 13 02 03 03 04 15 16 14 12 17 08 11 10 08 06 05 04 01 02 01 09 07 06 07 04. KUMHO TIRE FRANCE S.A.S BAT LE ARTVAL PARIS NORD 2 9 RUE DES TROIS SOEURS BP 42030 VILLEPINTE 95912 ROISSY C.D.G. CEDEX, FRANCE TEL. 3301)49380538 / FAX. 3301)49380895 05. KUMHO TIRE CANADA, INC. UNIT260 4011 VIKING WAY RICHMOND B.C V6V 2K9 TEL. 1604)2414142 / FAX. 1604)2415591 06. KUMHO TIRE JAPAN, INC. DAISAN NAGAOKA BLDG 6F, 2134 HATCHOBORI, CHUOKU, TOKYO, JAPAN TEL. 813)35534060 / FAX. 813)35534070 07. KUMHO TYRE AUSTRALIA PTY., LTD LEVEL 2, UNIT 214 VERSATILE, 2931 LEXINGTON DRIVE BELLA VISTA NSW 2153 P.O. BOX 6199 BAULKHAM HILLS SW 2153 AUSTRALIA TEL. 612)99129800 / FAX. 612)99129830 08. KUMHO TIRE VINA CO., LTD OFFICE # 409, 39 LE DUAN STREET, DISTRICT 1, KUMHO ASIANA PLAZA, HO CHI MINH CITY, VIETNAM TEL. 848)38295059 / FAX. 848)38295383 09. KUMHO TIRE CHINA CO., INC. 031F, BLK A, NO 391 GUIPING RD., NEW CAOHEJING INTERNATIONAL BUSINESS CENTER, XUHUI DISTRICT, SHANGHAI,CHINA TEL. 8621) 61391100/ FAX8621) 61391416 OVERSEAS BRANCHES & OFFICES 01. GRAZ STRASSGANGERSTRASSE 291, 8053 GRAZ, AUSTRIA TEL. 43316)28536201 / FAX. 43316)285655 02. MOSCOW OFFICE 604, ENTRANCE 3, WORLD TRADE CENTER KRASNOPRESNENSKAYA NAB.12, 123610 MOSCOW, RUSSIA TEL/FAX. 7)4952581133 03. MILANO VIA TORINO 25 CENTRO DIREZIONALE SUMMIT A1 20063 CERNUSCO SUL NAVIGLIO (MI), ITALY TEL. 3902)92106688 / FAX. 3902)92107523 04. MADRID A6, KM 24(DIRECCION MADRID) COMPLEJO EUROPA EMPRESARIAL EDIFICIO LONDRES, PLANTA 1 OFICINA 428230 LAS ROZAS, MADRID, SPAIN TEL. 3491)6366630 / FAX. 3491)6366631 05. TORONTO UNIT B, 6430 KENNEDY RD. MISSISSAUGA, ON L5T 2Z5 TEL. 1905)5640882 / FAX. 1905)5648930 06. MEXICO CITY BOSQUES DE CIRUELOS NO. 140, PISO 12, DEPT. 1204. COL. BOSQUES DE LAS LOMAS C.P. 11700 MEXICO, D.F. TEL. 5255)52517617 / FAX. 5255)52513149 07. PANAMA EDIF. PLAZA OBARRIO OFICINA 304 AVE. SAMUEL LEWIS Y CALLE SANTA RITA, PANAMA, REP. DE PANAMA TEL. 507)2096750(1) / FAX. 507)2096754 08. SAO PAULO RUA. FLORIDA 1758, CJ32, CEP: 04565001, SAO PAULO, SP, BRAZIL TEL. 5511)51024748 / FAX. 5511)51022852 09. SANTIAGO AVE.NUEVA TAJAMAR 481,OFICINA 1003, TORRE SUR,WORLD TRADE CENTER,LAS CONDES, SANTIAGO, CHILE TEL. 562)6572130(1) / FAX. 562)6572133 10. SINGAPORE 22MALACCA STREET 0701 A, ROYALBROTHERS BUILDING, SINGAPORE TEL. 6565363852 / FAX. 6565363875 11. KUALA LUMPUR UNIT 9 LEVEL 23, PREMIER SUITES 1 MONT KIARA NO. 1 JALAN KIARA, 50480 KUALA LUMPUR MALAYSIA TEL. 60162192314 12. DUBAI OFFICE NO 339, OFFICE TOWER 4, GHURAIR CITY, DEIRA, DUBAI TEL. 9714)2999765 / FAX. 9714)2999525 13. ISTANBUL INSIRAH YOKUSU ANADOLU APT. 13/2 34342 BEBEKISTANBUL/TURKEY TEL. 90212)2636618 / FAX. 90212)2636628 14. JEDDAH FLAT NO. 504, AL WALED CENTER, KHALED AL WALEED STREET, AL SHARAFEYA DISTRICTION, JEDDAH, KSA TEL. 9662)6500878(EXT.103) / FAX. 9662)6522899 15. CAIRO FLAT NO. 183B, 18TH FLOOR GHADET ELMAADI TOWER, NILE CORNISHE CAIRO, EGYPT TEL. 202)25256128 / FAX. 202)25281353 16. JOHANNESBURG 7, LIME STREET,BRYANSTON EXT.3, RANDBURG, SOUTH AFRICA P.O.BOX: 781030 SANDTON 146,SOUTH AFRICA TEL. 2711)4628559 / FAX. 2711)4622562 17. BANGKOK 55 WAVE PLACE BUILDING, 9TH FLOOR, UNIT 9.08, WIRELESS ROAD, PATHUMWAN, BANGKOK 10330, THAILAND TEL. 662)2533911~2 / FAX. 662)2533913 60 KUMHO TIRES ANNUAL REPORT 2012 KUMHO TIRES ANNUAL REPORT 2012 61