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Lotus Tech Growth Strategy

UNRIVALLED FOCUS ON SUSTAINABILITY TARGETING FULLY-ELECTRIC PRODUCT PORTFOLIO 5 Targeting carbon neutrality by 2038 (scope 1, 2 & 3¹) Product plans Green factory² Contribution to SDGs DECENT WORK AND ECONOMIC GROWTH Material science & design RESPONSIBLE CONSUMPTION AND PRODUCTION CLIMATE ACTION First traditional luxury auto brand expected to achieve 100% BEV production by 2027 = ICE production ending in 2026 Photovoltaic power generation system with expected capacity >16mn kWh in 2023 Target 100% renewable energy usage by 2030 Redefine luxury by using circular materials to minimize environmental impact, with vehicle recyclability of ~90% Source: Company information 1. Scope 1 and 2 are emissions that are owned or controlled by a company; scope 3 emissions are a consequence of the activities of the company but occur from sources not owned or controlled by it 2. Owned and operated by Geely Group 34 LOTUS TECH
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