Geely Automobile : UNAUDITED SALES VOLUME IN MARCH 2021

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GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

UNAUDITED SALES VOLUME IN MARCH 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 March 2021 was 100,029 units, an increase of approximately 37% from the same period last year and up approximately 30% from February 2021. Of the total sales volume in March 2021, 5,657 units were new energy and electrified vehiclesNote (NEEVs). The Group's exports volume was up over twofold year-on-year to 10,064 units in the month of March 2021. During the month of March 2021, the Group's total sales volume in the China market was 89,965 units, an increase of around 29% from the same period last year. The total sales volume in the first quarter of 2021 was 333,576 units, an increase of approximately 62% from the same period last year, and achieving 22% of the Group's full year sales volume target of 1,530,000 units in 2021.

During the month of March 2021, the total sales volumes of sedans, sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs) were 40,001 units, 58,112 units and 1,916 units, respectively.

During the same period, the total sales volume of LYNK & CO-branded vehicles was 16,390 units, up around 122% 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).

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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, 7 April 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.

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