FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260821E00298 
1. Date of relevant event: 18/08/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later): 20/08/2026
(dd/mm/yyyy)
3. Stock code: 02525
4. Name of listed corporation: Hesai Group - W 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 1,041,146,800
7. Name of substantial shareholder: BNP PARIBAS SA 
8. Registered office: 16, BOULEVARD DES ITALIENS, 75009 PARIS, FRANCE
9. Principal place of business in Hong Kong: 60-63/F, TWO INTERNATIONAL FINANCE CENTRE, 8 FINANCE STREET, CENTRAL, HONG KONG 
15. Exchange on which listed: PARIS STOCK EXCHANGE
16. Name of listed parent and exchange on which parent is listed:  
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1704Miscellaneous
Notice filed because you ceased to have a notifiable interest in the shares of the listed corporation (you must briefly describe the relevant event in the Supplementary Information box)
2201Interest of corporation controlled by you
2201Interest of corporation controlled by you
 4,483,000
Short position 
 
 
 		            
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position54,114,9875.20
Short position46,428,2874.46
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position49,631,9874.77
Short position46,428,2874.46
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2201Interest of corporation controlled by you
Long position49,631,987
Short position46,428,287

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
4105Unlisted derivatives - Physically settled
Long position8,579
Short position956,698
4106Unlisted derivatives - Cash settled
Long position12,313,340
Short position41,840
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
BNP PARIBAS S.A.16 Boulevard Des Italiens, 75009. PARIS, FRANCEBNP PARIBAS SA100.00Y
Long position19,862,332
Short position19,763,571
BNP PARIBAS FINANCIAL MARKETS20 Boulevard Des Italiens, 75009 PARIS, FRANCEBNP PARIBAS SA100.00Y
Long position11,954,188
Short position8,849,505
BNP PARIBAS SECURITIES CORP.1209 ORANGE ST, CORPORATION TRUST CENTER, 19801, WILMINGTON, DELAWARE, UNITED STATESBNP PARIBAS SA100.00Y
Long position17,815,467
Short position17,815,211

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: The percentage level of long interest has ceased due to collateral related transactions
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 21/08/2026
(dd/mm/yyyy)