Great Wall Motors announced on June 20th, 2024 that the second exercise period for the stock-based incentive plan for 2021 has met the exercise conditions. The exercise period allows 5,538 incentive recipients to exercise a total of 26,359,074 stock options at an exercise price of 24.78 yuan per share. The exercise will be carried out through self-exercise and will be acted as a brokerage agent by CITIC Securities Co., Ltd. The source of the stock options is the company's A-shares of common stock issued to incentive recipients. The exercise period is valid from June 26th, 2024 to April 28th, 2025. This exercise will not have a significant impact on the company's financial status and operating results. The board of directors confirms that this exercise complies with the relevant laws and regulations such as the "Measures for the Administration of Equity Incentive of Listed Companies".

Great Wall Motors announced on June 20th, 2024 that the second exercise period for the stock-based incentive plan for 2021 has met the exercise conditions. The exercise period allows 5,538 incentive recipients to exercise a total of 26,359,074 stock options at an exercise price of 24.78 yuan per share. The exercise will be carried out through self-exercise and will be acted as a brokerage agent by CITIC Securities Co., Ltd. The source of the stock options is the company's A-shares of common stock issued to incentive recipients. The exercise period is valid from June 26th, 2024 to April 28th, 2025. This exercise will not have a significant impact on the company's financial status and operating results. The board of directors confirms that this exercise complies with the relevant laws and regulations such as the "Measures for the Administration of Equity Incentive of Listed Companies".