Geely Automobile : UNAUDITED SALES VOLUME IN FEBRUARY 2021

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GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

UNAUDITED SALES VOLUME IN FEBRUARY 2021

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 February 2021 was 77,221 units, an increase of approximately 265% from the same period last year despite less number of working days in the month of February 2021 due to Chinese New Year holiday.

The total sales volume in the first two months of 2021 was 233,547 units, an increase of approximately 76% from the same period last year, and achieving more than 15% of the Group's full year sales volume target of 1,530,000 units in 2021. Of the total sales volume in the first two months of 2021, 6,828 units were new energy and electrified vehiclesNote (NEEVs). The Group's exports volume was up more than twofold year-on-year to 17,353 units in the first two months of 2021. During the first two months of 2021, the Group's total sales volume in the China market was 216,194 units, an increase of around 69% from the same period last year.

During the month of February 2021, the total sales volumes of sedans, sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) were 31,223 units, 45,473 units and 525 units, respectively.

In February 2021, the total sales volume of LYNK & CO-branded vehicles was 11,825 units, up more than fourfold year-on-year.

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).

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, 8 March 2021

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.