Press Release

GEELY AND DRB-HICOM JOIN HANDS IN PROVIDING MEDICAL SUPPLIES

TO

sends medical equipment to Malaysia with assistance from local partners, DRB-HICOM and PROTON  Foundation continues to help the fight against COVID-19 globally  DRB-HICOM and PROTON active in local relief efforts with other forms of aid

30 April 2020, – The Malaysian Government has received further medical aid from Geely Holding Group, and its local partner DRB-HICOM, who jointly own and operate national carmaker PROTON. The donation, consisting of disposable 3-ply surgical masks, protective medical clothing, medical goggles and PL 700 ADV ventilators. These items will be distributed to 55 hospitals located throughout the country that have been earmarked by the Ministry of Health.

The donation is part of a larger initiative by Geely Holding to supply medical equipment via the Li Shufu Charity Foundation to affected areas in China and to countries where it has significant international operations, helping local healthcare providers and communities at large in their battle against the COVID-19 pandemic. The foundation was established in 2006 by Geely Holding founder, Mr. Li Shufu, with a focus on poverty alleviation and helping with national disasters. In January 2020, it set aside RMB 200 million (USD 28 million) to support the fight against COVID-19 on a global basis.

“As a socially responsible company, we have a duty to support the well-being of every market in which we operate. I am proud that we have the resources and logistics capability to ship vital supplies to areas hard-hit by this global pandemic. We will play our part, whenever possible, to lend support to communities and medical authorities to overcome this global challenge”, said Geely Holding’s Chairman, Mr. Li Shufu.

In addition to medical supplies received from China, PROTON has loaned 50 units of the to the Ministry of Health to ease their logistical operations and the carmaker has also produced 60,000 units of face shields at their factory.

Meanwhile, DRB-HICOM has been an active supporter of COVID-19 relief efforts in Malaysia. Along with other subsidiaries under its parent company, the Albukhary Group, the Malaysian conglomerate has contributed cash donations, medical equipment, meals for government hospitals, media front liners and university students, as well as long-range drones for monitoring and surveillance purposes.

Zhejiang Geely Holding Group www.zgh.com

Dato’ Sri Syed Faisal Albar, Chairman of PROTON, said, “As a key contributor to the nation’s economy, we felt compelled to assist the government in its battle against the spread of COVID- 19. The front liners form the country’s backbone in this fight, and it is essential for us to assist them in any way possible. We are especially fortunate to have a partner like Geely who has been extremely generous in leveraging their resources to make this happen”.

The donated medical supplies from Geely is estimated to be worth approximately MYR5.5 million (USD1.3 million).

=END= For Media Enquiries: Geely Holding Group Ashley Sutcliffe - [email protected]

DRB-HICOM Mahmood Abdul Razak - [email protected]

PROTON Faisal Shah - [email protected]

About Geely Holding Group Geely Holding Group (Geely Holding Group) is a global automotive group that owns several well-known international automotive brands, with operations spanning the automotive value chain, from research, development and design to production, sales and servicing.

Founded in 1986 by Li Shufu, the company’s Chairman, in the city of Taizhou in China’s Zhejiang province, Geely Holding launched its automotive business in 1997 and is now headquartered in , China. The Group is comprised of five main businesses: Geely Auto Group, Volvo Group and Geely New Energy Commercial Vehicle Group, Geely Technology Group, Mitime Group. Its brands include Geely Auto, LYNK & CO, , Volvo , , London Electric Vehicle Company (LEVC), Farizon Auto, PROTON, Lotus, and .

Geely Holding sold over 2.178 million vehicles in 2019, with sales reaching historic highs of 705,452 units globally and Geely Auto Group's Hong Kong listed entity reporting 2019 sales reaching 1,361,560 units.

Geely Holding employs over 120,000 people globally, and has been listed in the Fortune Global 500 for the past eight years.

Zhejiang Geely Holding Group www.zgh.com

For more information regarding Zhejiang Geely Holding Group please refer to the official website at www.zgh.com

About DRB-HICOM

DRB-HICOM Berhad (“DRB-HICOM”) is one of Malaysia’s leading conglomerates with core businesses in the Automotive, Services, and Property sectors. With more than 90 active companies in its stable and an over 55,000 employees group-wide, DRB-HICOM’s aim is to continue adding value and propelling the nation’s development. In the Automotive sector, DRB- HICOM is involved in the manufacturing, assembly and distribution of passenger and commercial vehicles, including the national motorcycle. In Services, DRB-HICOM is involved in various businesses, including concession and financial-related services. In Property, DRB-HICOM is involved in the development of industrial properties.

For more information regarding DRB-HICOM please refer to the official website at www.drb- hicom.com

About PROTON

PROTON Holdings Berhad began as Malaysia’s first national car project, founded with the aim to accelerate Malaysia’s economic development and lay the foundations for the local . In 2017, PROTON entered its next phase to be a modern and global automotive brand; through a partnership between its two principals, DRB-HICOM and Zhejiang Geely Holding Group. Today, PROTON continues to delight its customers with cars anchored on its brand promise of Inspiring Connections, and founded on its core values of always delivering Innovative Technology, Reliability and International standards.

For more information regarding PROTON please refer to the official website at www.proton.com

Zhejiang Geely Holding Group www.zgh.com