Great Wall Motor announced on June 20, 2024 that, according to the legal opinion issued by Beijing Jincheng Tongda Law Firm, the company will cancel the first batch of stock options granted under the 2021 stock-based incentive plan. The cancellation is carried out in accordance with the company's long-term incentive mechanism management rules and the relevant provisions of the stock-based incentive plan, due to the departure or demotion of some incentive targets. The total number of canceled stock options is 804,738 shares, accounting for about 0.013% of the total registered A-share stock options of the company, and about 0.009% of the total share capital of the company. The legal opinion confirms that the cancellation has obtained the necessary approval and authorization and complies with relevant laws and regulations.

Great Wall Motor announced on June 20, 2024 that, according to the legal opinion issued by Beijing Jincheng Tongda Law Firm, the company will cancel the first batch of stock options granted under the 2021 stock-based incentive plan. The cancellation is carried out in accordance with the company's long-term incentive mechanism management rules and the relevant provisions of the stock-based incentive plan, due to the departure or demotion of some incentive targets. The total number of canceled stock options is 804,738 shares, accounting for about 0.013% of the total registered A-share stock options of the company, and about 0.009% of the total share capital of the company. The legal opinion confirms that the cancellation has obtained the necessary approval and authorization and complies with relevant laws and regulations.