Geely Automobile : UNAUDITED SALES VOLUME IN JULY 2020

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GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

UNAUDITED SALES VOLUME IN JULY 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 July 2020 was 105,218 units, an increase of approximately 15% from the same period last year, but down approximately 4% from June 2020. Of the total sales volume in July 2020, 6,401 units were new energy and electrified vehiclesNote (NEEVs). The Group's exports volume was up around 13% year-on-year to 4,523 units in the month of July 2020. During the month of July 2020, the Group's total sales volume in the China market was 100,695 units, an increase of around 15% from the same period last year. The total sales volume in the first seven months of 2020 was 635,664 units, a decrease of approximately 14% from the same period last year, and achieving 45% of the Group's full year sales volume target of 1,410,000 units in 2020.

During the month of July 2020, the total sales volumes of sedans, sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) were 35,581 units, 66,387 units and 3,250 units, respectively.

During the same period, the total sales volume of LYNK & CO-branded vehicles was 15,331 units, up around 78% year-on-year and reaching the brand's record high monthly sales volume.

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, 6 August 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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