Geely Automobile Selected for Hang Seng Corporate Sustainability Index for two consecutive years

[Press Release]

Geely Automobile Holdings Limited

Selected for Hang Seng Corporate Sustainability Index for two consecutive years

(HONG KONG, 11 September 2024) ── According to the recently announced review results of the Hang Seng Family of Indexes, effective from 9 September 2024, Geely Automobile Holdings Limited ("Geely Auto") (Stock code: 175 (HKD counter) and 80175 (RMB counter)) is pleased to announce that we have been selected for the Hang Seng Corporate Sustainability Index for two consecutive years. This index includes the top 30 Hong Kong-listed companies that perform best in environmental, social, and governance (ESG), selected from over 500 Hang Seng Composite Index constituents. Geely Auto has been selected for two consecutive years as the only Chinese automaker in the index, demonstrating its leading ESG position among Hong Kong-listed companies.

The Hang Seng Corporate Sustainability Index provides a quality benchmark for sustainability investments. Constituent selection is based on a robust process that includes consideration of the results from a sustainability assessment undertaken by the Hong Kong Quality Assurance Agency ("HKQAA"), an independent and professional assessment body, using its proprietary sustainability assessment and rating framework. In this review, Geely Auto ranked in the top 10% of the consumer discretionary industry for its performance in corporate governance, environment, consumer issues, and community involvement and development. It was also one of only four companies in this industry to be included in the Hang Seng Corporate Sustainability Index.

In addition, Geely Auto has been selected for the Hang Seng ESG 50 Index and the Hang Seng Corporate Sustainability Benchmark Index for four consecutive years and has achieved numerous outstanding ESG performances*:

• Received MSCI ESG ratings of AA, the leader class in global automakers;
• Rated as "Low Risk" in Sustainalytics ESG Risk Rating and ranked 2nd among 78 companies in the automobile sub-industry;
• Selected for three consecutive years in the FTSE4Good Index Constituent;
• Selected for two consecutively years in S&P Global "Sustainability Yearbook (China Edition)" and ranked 1st in the 2023 S&P Corporate Sustainability Assessment (CSA) among Chinese automakers;
• Ranked 8th on the China Central Television "China ESG Listed Company Pioneer 100" list, with a five-star rating, and ranked 1st among Chinese automobile companies for two consecutive years;

Geely Auto's outstanding performance in the aforementioned ESG ratings affirms its strong commitment and continuous dedication to sustainable development. Geely Auto will continue to promote its ESG strategy and lead the automobile industry toward a sustainable future.

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