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Corporate Presentation JUN 2019

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Page 1: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Corporate Presentation

JUN 2019

Page 2: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Sales PerformanceJan. – May. 2019

2

Overall:Domestic:Exports:NEEV�

560,805 units -12% YoY528,420 units -16% YoY32,385 units +384% YoY41,615 units +362% YoY

Sedans(New Emgrand+Vision+Emgrand GL+Kingkong+Borui+Binrui+03)235,600 units -12% YoYSUVs (Vision SUV+Boyue+X1+X3+S1+Emgrand GS+Binyue+01+02)313,920 units -16% YoY

MPV11,285 units

Page 3: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

New Energy and Electrified Vehicles

New NEEV models

0 20000 40000 60000 80000

2016

2017

2018

2019

NEEVs - Sales Volume (units)

• Jan-May

Emgrand EV(2016)

Emgrand EV300(2017)

Emgrand PHEV(2017)

Borui GE MHEV Borui GE PHEV 01 PHEV

Emgrand EV350 Emgrand EV450 GSe

2019

2018

20172016

3

Xingyue MHEV Xingyue PHEV

Binyue MHEV Binyue PHEV Jiaji MHEV/PHEV

Geometry A

0 200 400 600

2016

2017

2018

2019

EV - Range Per Charge(km)

0 100 200 300

2016

2017

2018

2019

Price Tange (RMB '000)

Page 4: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Sales Performance

4

*End to April

0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3

Market Share

51.2

76.6

124.7

150.1

47.0 2.40%

3.10%

5.00%

6.30%6.88%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

0

20

40

60

80

100

120

140

160

2015 2016 2017 2018 2019*

Yearly Sales Vol & Market Share

020,00040,00060,00080,000

100,000120,000140,000160,000180,000

2016 4 7 10

2017 4 7 10

2018 4 7 10

2019 4

exportsdomestic

Monthly Sales Volume

-40%-20%0%20%40%60%80%100%120%140%

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3 5

Domestic Sales Volume (3MMA+/-%)

Page 5: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

New Emgrand & Vision

5

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2016 2 3 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of New Emgrand(incl. Emgrand EV)

-

5,000

10,000

15,000

20,000

25,000

2016 2 3 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of Vision

Page 6: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Borui GE

6

Powertrain:

Dimension: Wheelbase: Power:Max. Torque: MSRP:Fuel consumption�

1.5TD+48V BSG +7DCT1.5TD+EV Motor+7DCT4986/1861/15132870142kw/192kw300/425 N.m/rpm RMB 136,800-199,8005.8L/100km 1.6L/100km

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2016 2 3 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of Borui(incl. Borui GE)

Page 7: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Boyue

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.8T, 2.0L6MT, 6AT4519/1831/16942670135Kw (1.8T)285/1500-4000N.m/rpm(1.8T) RMB98,800-159,800

7

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2016 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of Boyue

Page 8: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Emgrand GS & GL

8

0

5,000

10,000

15,000

20,000

25,000

2016 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of Emgrand GS(incl. GSe)

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

2016 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of Emgrand GL

Page 9: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Vision SUV

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque: MSRP:

1.3T, 1.8LCVT, 5MT4500/1834/1707266198kw/5500rpm (1.3T)185/2000-4500N.m/rpm RMB74,900-101,900

9

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

2016 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of Vision SUV

Page 10: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

New Model – Binrui & Binyue

10

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.4T, 1.0T6DCT,CVT,6AT,6MT4680/1785/1460267098kw/5200rpm (1.4T)215/2000-4000N.m/rpm (1.4T)RMB79,800-110,800

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.5T, 1.0T7DCT, 6MT4330/1800/16092600130kw/5500rpm (1.5T)255/1500-4000N.m/rpm (1.5T)RMB78,800-118,800

-

5,000

10,000

15,000

2018-9 10 11 12 2019 2 3 4 5

Monthly Sales Volume of Binrui

0

5000

10000

15000

20000

11 12 2019 2 3 4 5

Monthly Sales Volume of Binyue

Page 11: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

LYNK & CO

• JV with 5:3:2 shareholding structure between the company, Volvo Car and the Zhejiang Geely holding group

• Supplement current market coverage by Geely (mass) and Volvo brands (premium), targeting at global high-end market segment

• Supported by new vehiclemodels developed from CMA

• 239 stores in China by end 2018• 2020 in Europe, followed by

USA; 10 new models by 2020• Lynk & Co recorded 47,222 unit

sales volume in the first fivemonths of 2019.

Lynk&Co01

11

Page 12: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

LYNK & CO

12

0

2000

4000

6000

8000

10000

122018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4 5

Monthly Sales Volume of LYNK & CO 01

01000200030004000500060007000

7 8 9 10 11 12 2019 2 3 4 5

Monthly Sales Volume of LYNK & CO 02

0

1000

2000

3000

4000

5000

10 11 12 2019 2 3 4 5

Monthly Sales Volume of LYNK & CO 03

Page 13: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

New Products in 20192 MPVsA Sport SUVAn A0 SUVA Pure EV SedanA New Model under LYNK & CO

13

Page 14: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Brand PP100 Overall Rank Sector Rank*Lynk&Co 92 3 1

Mass Market Average 107

Luxury Average 89

J.D.Power2018 China Initial Quality StudySM (IQS)#

Source: J.D.Power 2018 China Initial Quality StudySM (IQS)

# based on responses from 33,404 vehicle owners who purchased their cars between June 2017 and May 2018. The study includes 285 passenger vehicle models and 77 different brands in 71 major cities across China.* ranking amongst Chinese brands

14

New-Vehicle Quality

Page 15: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Geely GKUI

• GKUI smart ecosystem comprises: ü The cloud storage ü A desktop similar to your

phoneü A driver unique ID, safe

and reliable ü App-based ecosystem

• Powerful Speech recognition• Fast interactive�timely

system update• First installed in 2018 Boyue,

and later in all other models

15

Page 16: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

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Export Sales Volume

Financial Performance

16

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Sales Volume (Units)

49%

1,500,838

10-year CAGR*: 22.1%

*CAGR: Compound Annual Growth Rate

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Average Ex-factory Prices�RMB�

10-year CAGR*: 6.4%

**DPS: Dividend Per Share

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Net Profit �RMB Million�

10-year CAGR*: 30.5%

*CAGR: Compound Annual

Growth Rate

Page 17: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Auto Finance Joint Venture

• Registered capital RMB 4 Billion • Commenced operation in Sep 2015• Wholesales financing

solutions to dealers• Retail financing solutions to end-

customers• Focusing on Tier-1 & -2 cities

initially• Supporting Geely, Lynk & Co and

Volvo Car brands• Progressively covering the whole

China market• 2018 net profit RMB 217M

80% 20%

17

Page 18: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Strategy

Products� • Platform and modular architecture;• Focus on powertrain technology;• In-house international design capabilities;• Joint product architecture with Volvo Car;• Focus on EV, PHEV & MHEV to speed up new energy

product offerings;• Strategic alliance to upgrade technologies

Services� • 978 dealers and 239 LYNK & CO dealers in China;• 24 sales agents, 336 sales and service outlets in 24 oversea

countries;• Vehicle finance JV with BNP Paribas Personal Finance

Branding� • “Geely” brand for mass market;• “Lynk&Co” brand for upper market;• “Geometry ” brand for BEV market

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Page 19: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Geely Automobile in Figures

Year started: 1998Total workforce: 52,400 (on Dec. 31st, 2018)Manufacturing facilities: 9 plants in China + 1 JV plant in

BelarusProducts: 17 major models under 4 platforms & 2

modular architectureDistribution network: More than 978 Geely dealers ,

And 239 LYNK & CO dealers in China

2018 Sales Volume: 1,500,838 units 2018 Revenues: US$15.5 billionMarket Capitalization: US$14.7 billion (on Jun 10th, 2019)

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Page 20: GeelyAuto-Presentation—Jun 2019geelyauto.com.hk/core/files/presentation/en/... · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average 107 Luxury Average 89

Important NoticeThe information contained herein is meant for presentation purposes only and may not be used and relied upon by any other party. It is not to be taken in substitution for the exercise of judgement. You shall be solely responsible for making your own independent investigation of the merits of the discussions mentioned in this presentation. Geely Automobile Holdings Limited does not make any representations, warranty or guarantee as to the accuracy, completeness or correctness of the contents contained herein. The reproduction and/or dissemination of the contents herein is prohibited without our prior approval. Geely Automobile Holdings Limited and its officers, directors and employees accept no liability whatsoever for any direct or consequential loss howsoever arising from any use of this presentation or further communication given in relation to this presentation or its contents or otherwise arising in connection therewith.

Note: Sources of all data contained in this presentation are from Geely Automobile HoldingsLtd.,except specified otherwise.

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