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October 2020 Catalyst

1) September Car Delivery Number (Estimated 3750-4250) (First Week)

2) NIO OS Major Update (First Week)

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3) International Car Show Appearance at Multiple Major Cities (First Week)

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December 2020 Catalyst

1) November Car Delivery Number (First Week)

2) NIO Day (16th December)

3) New Car Model Announce (16th December)

4) 100kWh Battery Debut (Q4 2020)

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November 2020 Catalyst

1) October Car Delivery Number (First Week)

2) 3Q Earning (TBD)

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September 2020 Catalyst

1) August Car Delivery Number (Estimated 3500-4000) (First Week)

2) Convertible note (200m) from Mr. Li and Tencent begin redeemable on Sep 5th

3) EC6 Deliveries begin (Mid-Late Sep)

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August Car Delivery Number is announced at 3965, within the range of estimate.

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*correction 2) This first tranches of convertible notes amounted 100 mil will mature after 360 days of Sep 5th 2019, which is on 30th Aug 2020. Refer more info in given link: https://ir.nio.com/static-files/cdf0e35f-b4f4-4d72-af98-5e58a235a2e5

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