The BAIC Motor Corporation Limited proposed to distribute a final dividend of RMB 0.08 per share (tax inclusive, with dividends for Domestic Shareholder(s) to be paid in Renminbi and dividends for H Shareholder(s) to be paid in Hong Kong dollars, the exchange rate of Hong Kong dollars shall be calculated on the basis of the average central parity rate of Hong Kong dollars to Renminbi as announced by the People's Bank of China five working days prior to the declaration of distribution of dividends) for the year ended December 31, 2020 in cash to the Shareholders whose names appear on the register of members of the Company on June 29, 2021. Based on the total ordinary share capital of 8,015,338,182 shares as at December 31, 2020, the total cash dividend distributed by the Company shall be amounted to RMB 641,227,054.56. The dividend is subject to the approval of Shareholders at the AGM to be held on June 18, 2021. The final dividend is expected to be distributed on September 3, 2021.