The board of directors of Geely Automobile Holdings Limited (the "Company", together with its subsidiaries, the "Group") announced that on 26 August 2022, the Company as the borrower entered into a facility agreement (the "Facility Agreement") with The Hongkong and Shanghai Banking Corporation Limited (the "Agent") as the global coordinator and agent for a syndicate of banks pursuant to which a term loan facility in the principal amount of up to USD 400,000,000 has been granted to the Company for a term of three years. The main purpose of the loan facility is to finance the general corporate purposes of the Group in accordance with the sustainable finance framework (the "Sustainable Finance Framework") of the Company to finance and/or refinance any Eligible Green Project (as defined in the Sustainable Finance Framework) and/or Eligible Social Project (as defined in the Sustainable Finance Framework).