NIO Inc. Announces Repurchase Right Notification for 0.50% Convertible Senior Notes due 2027

Repurchase Right Details - The Repurchase Right allows holders of the Notes to require the company to repurchase all or a portion of their Notes in multiples of US$1,000 principal amount [1] - The repurchase price is 100$378,525,000 in aggregate principal amount of the Notes outstanding [1] - If all outstanding Notes are repurchased, the total cash purchase price will be US$378,525,000 [1] Repurchase Right Timeline - The Repurchase Right exercise period runs from 9:00 a.m. on December 30, 2024 to 5:00 p.m. on January 30, 2025 [2] - Holders may withdraw previously tendered Notes at any time before 5:00 p.m. on January 30, 2025 [2] Company Information - NIO Inc is a pioneer and leading company in the global smart electric vehicle market [8] - The company designs, develops, manufactures and sells smart electric vehicles under the NIO, ONVO and FIREFLY brands [8] - NIO was founded in November 2014 with the mission of "Blue Sky Coming" [8] Repurchase Right Procedures - Holders must follow the transmittal procedures set forth in the Repurchase Right Notice to exercise the Repurchase Right [2] - The Repurchase Right Notice is available through the Depository Trust Company and The Deutsche Bank Trust Company Americas [2] - Holders may direct questions about the repurchase mechanics to The Deutsche Bank Trust Company Americas [3] Regulatory Filings - The company will file a Tender Offer Statement on Schedule TO with the SEC as required [11] - Documents specifying the terms, conditions and procedures for exercising the Repurchase Right will be available through the Depository Trust Company and the paying agent [11]