Geely Auto (00175) has announced a series of leadership changes effective August 18, 2026. Mr. Li Shufu has resigned as Chairman of the Board and Executive Director to dedicate more time to his other business interests and support the company's long-term succession planning. This restructuring aims to enhance the professional manager authorization mechanism and improve corporate governance.

In recognition of Mr. Li Shufu's significant contributions to the group's development and his continued support, the Board has appointed him as Lifetime Honorary Chairman. This is a purely honorary title and does not form part of the company's corporate governance structure.

Mr. An Conghui, an Executive Director, has been appointed as the new Chairman of the Board. Mr. Li Donghui has resigned as Vice Chairman, while Mr. Gui Shengyue, the CEO, has been appointed as Vice Chairman and has resigned as CEO. Executive Director Mr. Gan Jiayue has been appointed as the new CEO, all effective from August 18, 2026.