Li Auto sets 29 May 2026 AGM: seeks director re-elections, 20% share issuance authority and 10% buy-back mandate

Li Auto Inc. (LI AUTO-W, 02015) has issued a circular convening its 2026 annual general meeting (AGM) for 29 May 2026 at 10:00 a.m. in Beijing. Key proposals to be put to shareholders include: • Board composition – Executive directors Ma Donghui (President) and Li Tie (CFO), together with independent non-executive director Zhao Hongqiang, will retire and stand for re-election. – The Nominating and Corporate Governance Committee has confirmed Zhao’s independence under HKEX Listing Rule 3.13 and supports all three re-appointments. • Issuance and resale mandate – Directors request authority to allot, issue or sell/transfer treasury Class A ordinary shares (including those underlying ADSs) up to 20% of the issued share capital, equivalent to a maximum of 431.84 million Class A shares based on the latest share count. – Subject to approval of the repurchase mandate, this limit could be extended by an additional 10% through re-issuance of any shares bought back. • Share/ADS repurchase mandate – Authorisation to repurchase up to 10% of issued shares (excluding treasury shares), or 215.92 million Class A shares. – Any repurchased shares may be cancelled or held in treasury; the company currently holds 4.33 million treasury shares. • Auditor re-appointment – Re-engagement of PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as joint independent auditors for FY 2026, with board-delegated authority to set remuneration. • Amendments to constitutional documents – Adoption of a seventh amended and restated memorandum and articles of association to align with HKEX’s Core Shareholder Protection Standards and updated Corporate Governance Code, including provisions for virtual shareholder meetings and enhanced nomination committee responsibilities. Voting arrangements Shareholders registered by the close of business on 24 April 2026 (Hong Kong time) may attend and vote. ADS holders on the same date (New York time) should submit voting instructions to Deutsche Bank Trust Company Americas by 19 May 2026. Proxy forms for share­holders must be lodged with Computershare Hong Kong Investor Services by 27 May 2026. Capital structure snapshot (as of 14 April 2026): – 1.81 billion Class A shares and 355.81 million Class B shares issued; – Total issued shares (excluding treasury) stand at 2.16 billion. All resolutions will be decided by poll, with weighted voting rights of 10 votes per Class B share and one vote per Class A share, except on “Reserved Matters”, where each share carries one vote.