Great Wall Motor announced that on December 3, 2025, the company held a board meeting to review and pass a bill to cancel the first grant and reserve the grant of some stock options under the 2021 Stock Options Incentive Plan. The company plans to cancel the initial grant of 65,042,428 shares and reserve the grant of 9,723,856 shares due to current stock options not being exercised after the end of the relevant exercise period for some incentive recipients. On December 8, the company completed the cancellation of the above stock options. The cancellation will not affect the company's share capital structure, will not cause the stock distribution to meet the listing conditions, and will not have a significant impact on business performance.

Great Wall Motor announced that on December 3, 2025, the company held a board meeting to review and pass a bill to cancel the first grant and reserve the grant of some stock options under the 2021 Stock Options Incentive Plan. The company plans to cancel the initial grant of 65,042,428 shares and reserve the grant of 9,723,856 shares due to current stock options not being exercised after the end of the relevant exercise period for some incentive recipients. On December 8, the company completed the cancellation of the above stock options. The cancellation will not affect the company's share capital structure, will not cause the stock distribution to meet the listing conditions, and will not have a significant impact on business performance.