Geely Automobile : UNAUDITED SALES VOLUME IN JANUARY 2020

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吉利汽車控股有限公司

GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

UNAUDITED SALES VOLUME IN JANUARY 2020

The board of directors of Geely Automobile Holdings Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group's 50%-owned joint venture) for the month of January 2020 was 111,838 units, a decrease of approximately 29% from the same period last year and down approximately 14% from December 2019, and achieving 8% of the Group's full year sales volume target of 1,410,000 units in 2020. Of the total sales volume in January 2020, 4,762 units were new energy and electrified vehiclesNote (NEEVs). The Group's exports volume was down around 68% year-on-year to 2,265 units in the month of January 2020. During the month of January 2020, the Group's total sales volume in the China market was 109,573 units, a decrease of around 28% from the same period last year. Despite this, the retail sales volume by the Group's dealers remained significantly stronger, achieving record high market share in the China market during the month.

During the month of January 2020, the total sales volumes of sedans, sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) were 41,901 units, 68,765 units and 1,172 units, respectively.

During the same period, the total sales volume of LYNK & CO-branded vehicles was 9,008 units.

Note: For clarity, the new energy and electrified vehicles only included the electric vehicles (EVs), hybrid electric vehicles (HEVs), mild hybrid electric vehicles (MHEVs) and plug-in hybrid electric vehicles (PHEVs).

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Please note that the sales volumes above are unaudited figures and have not been confirmed by the Company's auditor and may be subject to adjustment and final confirmation. Shareholders and potential investors are advised to read carefully the financial results of the Group when it is published.

By order of the Board of

Geely Automobile Holdings Limited

David C.Y. Cheung

Company Secretary

Hong Kong, 13 February 2020

As at the date of this announcement, the executive directors of the Company are Mr. Li Shu Fu (Chairman), Mr. Yang Jian (Vice Chairman), Mr. Li Dong Hui, Daniel (Vice Chairman), Mr. Gui Sheng Yue (Chief Executive Officer), Mr. An Cong Hui, Mr. Ang Siu Lun, Lawrence and Ms. Wei Mei, and the independent non-executive directors of the Company are Mr. Lee Cheuk Yin, Dannis, Mr. Yeung Sau Hung, Alex, Mr. An Qing Heng and Mr. Wang Yang.

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