Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc.

Rhea-AI Summary

Deutsche Bank appointed as depositary bank for Lotus Technology Inc.'s ADR program. Lotus Technology Inc. is a luxury electric vehicle maker focusing on sustainable mobility. Deutsche Bank offers a wide range of financial services globally.

NEW YORK--(BUSINESS WIRE)-- Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc.

Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury electric vehicle maker dedicated to delivering sustainable luxury mobility via research and development of proprietary next-generation technologies, including in autonomous driving, lightweight engineering, and high-performance architectures.*

In addition to specializing in administering cross-border equity structures such as New York Shares, American, and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow, and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

* This information was provided by Lotus Technology Inc. (February 2024).

Depositary Receipt Information
Country			Cayman Islands incorporated with headquarters in Shanghai, China
Custodian Bank			Deutsche Bank AG, Hong Kong Branch
Effective Date			February 23, 2024
Level I ADR
CUSIP			54572F 101
ISIN			US54572F1012
Symbol			LOT
Exchange			NASDAQ
Current Ratio			1 ADS: 1 ordinary share
Eligibility			DTC

Depositary Receipt Contacts
Head of Depositary Receipts		New Business Development
Daniel Clark		William Ng
Tel: +65 64237944		Tel: +852 2203 7889
www.adr.db.com		Markets Distribution
adr@db.com		London
		Tel: +44 (0) 20 7547 6500
gtb.db.com		New York
		Tel: +1 212 250 9100

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© February 2024 Deutsche Bank AG. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240223473014/en/

Deutsche Bank AG

Press & Media Relations

Dylan Riddle

Tel. +12122504982

Cell. +1(904)3866481

dylan.riddle@db.com

Source: Deutsche Bank AG

FAQ

What is the ticker symbol for Lotus Technology Inc.?

The ticker symbol for Lotus Technology Inc. is LOT.

What services does Deutsche Bank provide for corporates and financial institutions?

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking, and asset and wealth management products and services to corporations and financial institutions.

Where is Lotus Technology Inc. headquartered?

Lotus Technology Inc. is headquartered in Shanghai, China.

What type of technologies does Lotus Technology Inc. focus on?

Lotus Technology Inc. focuses on research and development of autonomous driving, lightweight engineering, and high-performance architectures for luxury electric vehicles.

What is the relationship between Deutsche Bank and Lotus Technology Inc.?

Deutsche Bank has been appointed as the depositary bank for Lotus Technology Inc.'s American Depositary Receipt program.