Resolution at Volvo Cars' Extraordinary General Meeting 2025

The Extraordinary General Meeting (the “EGM”) of Volvo Car AB (publ) (“Volvo Cars”) on 6 February 2025 resolved to approve the Equity Transfer Agreement with Zeekr. 

The EGM resolved, in accordance with the Board of Directors’ proposal, to approve the Equity Transfer Agreement under which Zhejiang Zeekr Intelligent Technology Co., Ltd. (“Zeekr”) will acquire 30 per cent of the equity interest in Lynk & Co Automotive Technology Co., Ltd. from Volvo Cars wholly owned-subsidiary Volvo Car (China) Investment Co., Ltd.  

Subject to the satisfaction of the remaining closing conditions, the transaction is expected to close during the first quarter 2025.