TPK : The announcement of disposition of securities in overseas centralized exchange markets.

The announcement of disposition of securities in overseas centralized exchange markets.

2021-03-22

1.Name of the securities:GOEV common shares

2.Trading date:2021/03/17~2021/03/22

3.Amount, unit price, and total monetary amount of the transaction:

1.8 million shares;USD 15 per share;USD 27 million

4.Gain (or loss) through disposal (not applicable in case of acquisition of

securities):

Gain USD 9 million

5.Relationship with the underlying company of the trade:

None.

6.Current cumulative amount held, monetary amount, and shareholding

percentage of cumulative holdings of the securities being traded (including

the current trade), and status of any restriction of rights (e.g.pledges):

Current cumulative amount held: 8,200,000 shares

Monetary amount: USD 126,116 thousands

Shareholding percentage of cumulative holdings of the security being

traded:3.48%

Any restriction of rights:None

7.Current ratio of securities investment (including the current trade, as

listed in article 3 of Regulations Governing the Acquisition and Disposal of

Assets by Public Companies) to the total assets and equity attributable to

owners of the parent as shown in the most recent financial statement and

working capital as shown in the most recent financial statement as of the

present:

Ratio to total assets: NA

Ratio to owners'equity: 9.90%

Working capital:NA

8.Concrete purpose of the acquisition or disposal:

To realize capital gain

9.Any dissenting opinions of directors to the present transaction:NA

10.Whether the counterparty of the current transaction is a related party:No

11.Trading counterparty and its relationship with the Company:NA

12.Date of the board of directors resolution:NA

13.Date of ratification by supervisors or approval by

the audit committee:NA

14.Any other matters that need to be specified:

2020/08 BOD approved to invest in Canoo Holdings Ltd.

through Hennessy Capital Acquisition Corp. IV.

and got 10 million GOEV shares.