GEELY AUTO (00175) has announced that, in accordance with the merger agreement and the rules of the share award scheme as well as Chapter 17 of the Listing Rules, all unexercised and unvested Zeekr restricted share units held prior to the effective date will be converted into share awards under the share award scheme based on the applicable offer ratio. Consequently, a total of 5,925 holders of Zeekr restricted share units, representing 27.587 million Zeekr shares subject to unexercised and unvested restricted share units, will receive an aggregate of 33.925 million awarded shares.

Among these holders of Zeekr restricted share units, 5,253 are employee participants and 672 are related entity participants. Additionally, the company intends to grant an aggregate of 134 million awarded shares to 3,039 employee participants, 9.019 million awarded shares to 252 service providers, collectively referred to as "other grantees," and 4.85 million awarded shares to two executive directors of the company, known as "executive director grantees."

The holders of Zeekr restricted share units, other grantees, and executive director grantees are all eligible participants under the share award scheme, collectively referred to as "selected participants." Therefore, pursuant to Rule 17.06A of the Listing Rules, the board has resolved on 20 August 2026 to grant an aggregate of 182 million awarded shares to 8,364 selected participants under the share award scheme, through the transfer of treasury shares previously repurchased by the company and the issuance and allotment of new shares of the company within the plan mandate limit.

The total 182 million awarded shares represent approximately 1.68% of the total issued shares as of the date of this announcement and approximately 1.66% of the total issued shares as enlarged by the allotment and issuance of new awarded shares.