Geely Automobile : PRESENTATION ON 2022 INTERIM RESULTS

Geely Automobile Holdings Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code 175 of Hong Kong Stock Exchange)

18 August 2022

1

IMPORTANT NOTICE

The information contained herein is meant for presentation purposes only and may not be used and relied upon by any other party. It is not to be taken in substitution for the exercise of judgement. You shall be solely responsible for making your own independent investigation of the merits of the discussions mentioned in this presentation. Geely Automobile Holdings Limited does not make any representations, warranties or guarantees as to the accuracy, completeness or correctness of the contents contained herein. The reproduction and/or dissemination of the contents herein is prohibited without our prior approval. Geely Automobile Holdings Limited and its officers, directors and employees accept no liability whatsoever for any direct or consequential loss howsoever arising from any use of this presentation or further communication given in relation to this presentation or its contents or otherwise arising in connection therewith.

This presentation may contain certain statements that are forward-looking, including those relating to the general business plans and strategy of Geely Automobile Holdings Limited (the "Company"), as well as its subsidiaries and associates (collectively with the Company, the "Group"). These statements typically contain words such as "will," "expects" and "anticipates" and other words of similar import. By their nature, forward-looking statements involve risks and uncertainty because they relate to events and depend on circumstances that will occur in the future. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in the Company's business, its competitive environment, its ability to implement its strategies and initiatives and respond to technological changes and political, economic, regulatory and social conditions in the markets where the Group operates. The Company assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.

This document is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and will contain detailed information about the issuer and management, as well as financial statements. The Company does not intend to make a public offering of securities in the United States.

Note: Sources of all data contained in this presentation are from Geely Automobile Holdings Limited except specified otherwise.

2

Considerable Progress on Full Electrification,

Geographic Diversification and Market Segment Upgrading

Proportion of NEV sales increased from 3.5% in the same period last year to 17.9%；

Proportion of export sales volume increased to 14.3%, +64.0% YoY;

Total Average Selling Price1 increased by 21.1% to RMB 102K；

Sales slightly down 2.6% to 614K units due to Covid-19 and chip shortages；Profit attributable to shareholders down 20.4% to RMB 2.41 billion after excluding excluding share-based payment;

Affected by raw material price hike and increase in proportion NEV sales, overall gross margin fell to 14.6%; however, average gross profit per vehicle up 9.9%, to RMB 16K；

R&D and licensing service profits continued to grow steadily, +42.7% YoY; profit from Genius AFC +23.9% YoY;

R&D investment in smart electrification increased by 71.7% YoY to RMB 3.63 billion;

Strong financial position with free cash flow2 up 1076% to RMB 5.40 billion and net cash level up 5.8% YoY to RMB 22.01 billion.

3

1：ASP ( incl. Lynk & Co, Livan )= Total Vehicle Revenue / sales volume

2：Free cash flow= Net Cash Deposit from Operating Activities flow- CAPEX

Significant Revenue Growth

Sales Volume

(in thousand units)

-2.6%

630 614

	17
108	19
	77

522 500

2021H1 2022H1

GEELY YoY -4.2%

LYNK&CO YoY -28.4%

Zeekr

Livan

Revenue

(in million RMB)

+23.1%

73,045

59,351		1,648
8,828
			GEELY
	12,457
			YoY +11.3%

14,319

			LYNK&CO
			YoY -13.0%
45,032	50,112		Zeekr
			Livan

2021H1 2022H1

4

Profit Impacted by Raw Material Price Hike and

Substantial Increase in Proportion of NEV Sales

Profit attributable to shareholders

(in million RMB)

-7.0%

406

-34.8%

853

2,8113,022

2,381

1,552

Profit attributable to	Profit attributable to	Share based payment in 22H1	Loss of Zeekr attributable to	Profit attributable to	Profit attributable to
shareholders in 21H1	shareholders in 22H1		its shareholder (excl. share	shareholder excl. share	shareholder excl. share
			based payment) in 22H1	based payment and Loss of	based payment in 21H1
				Zeekr attributable to its
				shareholder in 22H1	5