Geely Holding Group transfers Zeekr shares to Geely Auto to promote comprehensive strategic synergy between Zeekr and Lynk & Co

On November 14, Geely Holding Group officially announced that Geely Holding will transfer its 11.3% shares in Zeekr Intelligent Technology (hereinafter referred to as "Zeekr") to Geely Automobile Holdings Co., Ltd. (hereinafter referred to as "Geely Automobile"). After the completion of the transaction, Geely Automobile's shareholding in Zeekr will increase to approximately 62.8%. Geely International Hong Kong (as the seller) and Luckview (as the buyer) entered into the Zeekr Sale and Purchase Agreement on November 14, 2024, pursuant to which Geely International Hong Kong conditionally agreed to sell and Luckview conditionally agreed to purchase the Zeekr Sale Shares, equivalent to approximately 11.3% of the issued share capital of Zeekr held by Geely International Hong Kong as of the date of this announcement (on a fully diluted basis), at a price of US$806 million (equivalent to approximately RMB 5.835 billion). As of the date of this announcement, the Company holds approximately 51.5% of the total issued share capital of Zeekr (on a fully diluted basis). Immediately following the completion of the Zeekr Acquisition, the Company’s shareholding in Zeekr will increase to approximately 62.8% (on a fully diluted basis).