DEPOSIT AGREEMENTDeposit Agreement • December 18th, 2023 • HW Electro Co., Ltd. • Motor vehicles & passenger car bodies • New York
Contract Type FiledDecember 18th, 2023 Company Industry JurisdictionDEPOSIT AGREEMENT, dated as of [●], 2023, by and among (i) HW ELECTRO CO. LTD., , and its successors (the “Company”), (ii) CITIBANK, N.A., a national banking association organized under the laws of the United States of America (“Citibank”) acting in its capacity as depositary, and any successor depositary hereunder (Citibank in such capacity, the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary Shares issued hereunder (all such capitalized terms as hereinafter defined).