Li Auto Inc. has called its 2026 Annual General Meeting for 10:00 a.m. (Beijing time) on 29 May 2026 at the company’s Beijing headquarters (9/F, Office Tower C1, Oriental Plaza). The AGM agenda comprises ten resolutions, including adoption of the FY-2025 audited financial statements and several key corporate authorisations.
1. Governance and Board Composition • Shareholders will vote on the re-election of Executive Directors Ma Donghui and Li Tie, alongside Independent Non-executive Director Zhao Hongqiang. • The Board also seeks approval to determine directors’ remuneration.
2. Capital Management Mandates • Issuance Authority: Directors request a general and unconditional mandate to allot, issue or deal with new Class A ordinary shares—plus any sales or transfers of treasury shares—up to 20% of the company’s issued share capital (excluding treasury shares) as at the date of resolution. The mandate would cover related securities such as convertible instruments, options and warrants. • Share Buy-back Authority: A parallel mandate would permit on-market repurchases of the company’s shares or ADSs up to 10% of issued share capital (excluding treasury shares) during the mandate period. • Extension Provision: Subject to both mandates passing, the issuance limit could be increased by the number of shares repurchased under the buy-back mandate, effectively adding up to another 10% capacity.
3. Audit Matters PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP are proposed for re-appointment as joint independent auditors until the conclusion of the next AGM, with remuneration to be set by the Board.
4. Constitutional Update A special resolution seeks shareholder approval to adopt the seventh amended and restated memorandum and articles of association, superseding the current sixth version.
5. Record Dates and Voting Logistics • Share Record Date: Close of business on 24 April 2026 (Hong Kong time). Registered shareholders on this date are entitled to attend and vote. • ADS Record Date: Close of business on 24 April 2026 (New York time); ADS holders must submit voting instructions to Deutsche Bank Trust Company Americas by 10:00 a.m. (New York time) on 19 May 2026. • Proxy Deadline: 10:00 a.m. (Hong Kong time) on 27 May 2026 for share registrants via Computershare Hong Kong Investor Services Limited.
The mandates, if approved, will remain effective until the earlier of the next AGM, the statutory time limit for holding the next AGM, or any prior revocation by shareholders.
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