Geely Automobile Holdings Limited will hold a special general meeting of shareholders at 4 PM on January 10, 2025, to discuss two important ordinary resolutions. The first resolution involves the Equity Transfer agreement for Lynk & Co., where Geely Holdings plans to sell a 20% stake in Lynk & Co. to ZEEKR for a price of 3.6 billion yuan; Volvo AB Unsponsored ADR Class B plans to sell a 30% stake in Lynk & Co. to ZEEKR for a price of 5.4 billion yuan. Both trades include accrued interest during the lock-up period.The second resolution involves the capital injection agreement for Lynk & Co. After the first resolution is passed, Lynk & Co. plans to issue an additional registered capital of 153,061,225 yuan to ZEEKR at a price of 367,346,940 yuan. These...Show More

Geely Automobile Holdings Limited will hold a special general meeting of shareholders at 4 PM on January 10, 2025, to discuss two important ordinary resolutions. The first resolution involves the Equity Transfer agreement for Lynk & Co., where Geely Holdings plans to sell a 20% stake in Lynk & Co. to ZEEKR for a price of 3.6 billion yuan; Volvo AB Unsponsored ADR Class B plans to sell a 30% stake in Lynk & Co. to ZEEKR for a price of 5.4 billion yuan. Both trades include accrued interest during the lock-up period.The second resolution involves the capital injection agreement for Lynk & Co. After the first resolution is passed, Lynk & Co. plans to issue an additional registered capital of 153,061,225 yuan to ZEEKR at a price of 367,346,940 yuan. These two resolutions aim to adjust the equity structure of Lynk & Co. and may have a significant impact on the company's future development strategy.The special general meeting of shareholders will be held at the Renaissance Hong Kong Harbour View Hotel. The company reminds shareholders that if they wish to attend the meeting and vote, they must complete the share transfer registration by 4 PM on January 6, 2025. Shareholders can appoint representatives to attend the meeting and vote, and the relevant appointment forms must be submitted to the company's Hong Kong share registrar at least 48 hours before the meeting. In case of inclement weather, the company will notify regarding the meeting arrangements.