Geely Automobile : UNAUDITED SALES VOLUME IN OCTOBER 2019

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GEELY AUTOMOBILE HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 175)

UNAUDITED SALES VOLUME IN OCTOBER 2019

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 October 2019 was 130,180 units, an increase of approximately 1% from the same period last year and up approximately 14% from September 2019. Of the total sales volume in October 2019, 10,294 units were new energy and electrified vehiclesNote (NEEVs), continuing its recovery trend from a monthly low of 4,476 units in July 2019. The Group's exports volume was up around 124% year-on-year to 2,986 units in the month of October 2019. During the month of October 2019, the Group's total sales volume in the China market was 127,194 units, around the same level maintained for the same period last year. The total sales volume in the first ten months of 2019 was 1,088,290 units, a decrease of approximately 14% from the same period last year, and achieving 80% of the Group's revised full year sales volume target of 1,360,000 units in 2019.

During the month of October 2019, the sales volumes of "New Emgrand" and "Vision" sedan were 18,379 units and 7,388 units, respectively. The sales volume of "Geely Boyue" (吉利博越) was 21,396 units. The sales volume of "Emgrand GS" (帝豪GS), its crossover SUV model, was 12,104 units. The sales volume of "Emgrand GL" (帝豪GL), its A+ segment sedan model, was 6,181 units. The sales volume of "Vision SUV" (遠景SUV) was 7,621 units. The sales volume of the latest sedan model "Bin Rui" (繽瑞) was 7,763 units. The sales volume of the latest SUV model "Bin Yue" (繽 越) was 12,571 units. The sales volume of the first MPV model "Jia Ji" (嘉際) was 3,104 units. The sales volume of the first high-end pure electric sedan model "Geometry A" (幾何A) was 1,565 units. The sales volume of the latest crossover SUV model "Xing Yue" (星越) was 3,335 units, a record high since the launch of the model in May 2019.

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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Amongst the NEEVs sold, the best-selling models were "Emgrand GL PHEV" (帝豪GL PHEV), "Jia Ji MHEV" (嘉際 MHEV) and "Geometry A" (幾何A) in the month of October 2019, which together accounted for around 66% of the total sales volume of NEEVs.

During the month of October 2019, the total sales volume of LYNK & CO-branded vehicles was 14,038 units, the highest monthly sales volume level over the past twelve months.

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 November 2019

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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