Hyundai Mobis

Hyundai Mobis is listed on the 4Q 2020 Minnesota State Board of Investment List of Unauthorized (Scrutinized) Iran Companies. (https://www.lrl.mn.gov/docs/2021/mandated/210295.pdf)

As of August 15, 2019, the state of Iowa listed Hyundai Mobis on its Iran scrutinized companies list. (https://www.ipers.org/sites/default/files/media/2017%2009%20Iran%20Prohibited%20Companies%20List%2009-30-17.pdf)

--

On January 20, 2020, Minnesota SBI listed Mobis as a scrutinized investment. The managers are explicitly instructed to refrain from purchasing securities on this list. (https://www.leg.state.mn.us/docs/2020/mandated/200121.pdf)

On May 15, 2020, the IPERS identified Mobis on its Iran Prohibited Companies List. (https://www.ipers.org/sites/default/files/IPERS%27 Iran Prohibited Companies 2Q20.pdf)

As of December 2020, Rhode Island continues to list Hyundai Mobis as an Iran scrutinized company for active involvement of at least $50 million in Iran's energy sector. The company's minority-owned subsidiary, Hyundai Motor lists several distributors in Iran.  (http://data.treasury.ri.gov/dataset/c56b9795-4c0b-4749-80a8-78418efc1492/resource/9d4e0eae-3bb0-4ed2-977a-db21ad57ea96/download/RhodeIslandIranContract2020.xlsx)

On February 16, 2021, Iowa Public Employees' Retirement System removed Hyundai Mobis from its Iran Prohibited Companies List.  (https://www.ipers.org/sites/default/files/IPERS%27%20Iran%20Prohibited%20Companies%201Q21.pdf)

In 2018 the U.S. state of Iowa listed Hyundai Mobis on its Iran prohibited companies list rendering Hyundai Mobis ineligible for investment and/or state contracting.  (https://www.ipers.org/sites/default/files/media/2017%2009%20Iran%20Prohibited%20Companies%20List%2009-30-17.pdf)