[Silin Intelligent Drive: Plans to Raise No More Than 1.8 Billion Yuan Through a Private Placement for the Construction of Intelligent Manufacturing Production Sites for Automotive Parts and Robot Parts]

Geely Automobile (00175.HK) announced that, effective August 18, 2026, Li Shufu resigned as Chairman of the Board and Executive Director of Geely Automobile Holdings Limited. In recognition of Li Shufu’s outstanding contributions to the Company’s development over the years, he was appointed as the Company’s Lifetime Honorary Chairman. As the Company’s principal and controlling shareholder, he will continue to fully support the Company’s long-term development. Li Shufu will continue to serve as Chairman of Zhejiang Geely Holding Group. An Conghui was appointed as Chairman of the Board of Geely Automobile Holdings Limited. Li Donghui resigned as Vice Chairman of the Board of Geely Automobile Holdings Limited and will continue to serve as an Executive Director of the Company. Gui Shengyue resigned as Chief Executive Officer of Geely Automobile Holdings Limited and was appointed as Vice Chairman of the Board of the Company, and will continue to serve as an Executive Director of the Company, in order to enhance the efficiency of communication and coordination between the Board and management. Gan Jiayue was appointed as Chief Executive Officer of Geely Automobile Holdings Limited, responsible for the Company’s daily operations.