Zeekr Group Announces the Election Deadline for Merger Consideration

HANGZHOU, China, Nov. 21, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced that:

• the deadline for holders of the Company's ordinary shares (each, a "Zeekr Share") to elect their preferred form of merger consideration by completing the election materials previously sent to such holders is confirmed as 5:00 p.m. (U.S. Eastern Time) on December 5, 2025, unless extended; and
  
  
• the deadline for registered holders of the Company's American depositary shares (each, a "Zeekr ADS", representing ten Zeekr Shares) to elect their preferred form of merger consideration by completing the election materials previously sent to such holders is confirmed as 5:00 p.m. (U.S. Eastern Time) on December 3, 2025 (the "ADS Election Return Deadline"), unless extended.

Holders of Zeekr Shares and registered holders of Zeekr ADSs should carefully read the election materials provided to them, as well as the relevant portions of the proxy statement and the Agreement and Plan of Merger (the "Merger Agreement") among the Company, Geely Automobile Holdings Limited ("Geely") and Keystone Mergersub Limited before making their elections. As further described in the election materials, to make a valid election, a properly completed election form, together with any other required documents described in the election materials, must be received prior to the applicable election deadline.

Holders of Zeekr ADSs who hold their Zeekr ADSs through a broker, bank, or other intermediary should carefully review and properly complete any election materials they received from such broker, bank, or other intermediary and follow their instructions as to the procedures for making elections, which will have a deadline for election that is prior to the ADS Election Return Deadline. Such holders of Zeekr ADSs should contact their brokers, banks or other intermediaries with any questions.

Any holders of Zeekr Shares or Zeekr ADSs who does not make a proper election by the deadline will have their Zeekr Shares or Zeekr ADSs, as applicable, exchanged into cash consideration as set forth in the Merger Agreement.

The previously announced merger is currently expected to close on or about December 29, 2025 and is subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement. The Company will work with the other parties to the Merger Agreement towards satisfying all other conditions precedent to the merger set forth in the Merger Agreement and complete the merger as quickly as possible.

About Zeekr Group

Zeekr Group, headquartered in Zhejiang, China, is the world's leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain. Zeekr Group's values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider.

For more information, please visit https://ir.zeekrgroup.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "future," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

In China:

ZEEKR Intelligent Technology Holding Limited
Investor Relations
Email: [email protected]

Piacente Financial Communications
Tel: +86-10-6508-0677
Email: [email protected]

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: [email protected]

Media Contact

Email: [email protected]

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SOURCE ZEEKR Intelligent Technology Holding Limited