Document:

EX-4.5

 Exhibit 4.5 

AMENDMENT NO. 1 
 TO

 SHAREHOLDERS’ AGREEMENT 

THIS AMENDMENT NO. 1 TO THE SHAREHOLDERS’ AGREEMENT (this “Agreement”) is made and entered into as of April 30,
2021 by and among: 
  

	 	1.	 Full Truck Alliance Co. Ltd., an exempted company organized under the laws of the Cayman Islands with its
registered office located at Vistra (Cayman) Limited, P. O. Box 31119 Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1 – 1205, Cayman Islands (the “Company”); 

 

	 	2.	 Persons listed on Schedule I hereto who collectively constitute the Majority Ordinary Shareholders as
defined in the Shareholders’ Agreement (as defined below); 

  

	 	3.	 Persons listed on Schedule II-1 hereto who collectively
constitute the Majority Series A Preferred Shareholders as defined in the Shareholders’ Agreement (as defined below); 

  

	 	4.	 Persons listed on Schedule II-2 hereto who collectively own the
majority of the Series A-15 Preferred Shares (the “Majority Series A-15 Preferred Shareholders”); and 

 

	 	5.	 Persons listed on Schedule II-3 hereto who collectively own the
majority of the Series A-16 Preferred Shares (the “Majority Series A-16 Preferred Shareholders”). 

RECITALS 
 WHEREAS the
Company, holders of the Ordinary Shares, holders of the Preferred Shares, certain subsidiaries of the Company and certain individuals entered into the Fifth Amended and Restated Shareholders’ Agreement, dated as of November 17, 2020 (the
“Shareholders’ Agreement”), in relation to the management of the Company and the relationship between the shareholders of the Company and other related parties. 

WHEREAS the Company proposes to engage in a public offer (the “IPO”) and sale of American depositary shares representing the
Company’s Class A Ordinary Shares, and pursuant to Section 16.4 of the Shareholders’ Agreement, the Majority Ordinary Shareholders on behalf of themselves and all holders of the Ordinary Shares, the Majority Series A Preferred
Shareholders on behalf of themselves and all holders of the Series A Preferred Shares, the Majority Series A-15 Preferred Shareholders on behalf of themselves and all holders of the Series A-15 Preferred Shares, and the Majority Series A-16 Preferred Shareholders on behalf of themselves and all holders of the Series A-16
Preferred Shares are willing to enter into this Agreement on the terms and conditions set forth herein in connection with the IPO, which shall amend the Shareholders’ Agreement. 

  
 1 

 NOW, THEREFORE, in consideration of the foregoing recitals, the mutual promises hereinafter
set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
  

	1.	 The following is hereby added as Section 7.5 of the Shareholders’ Agreement: 

“Termination of Rights. The provisions under this Section 7 shall terminate upon the consummation of a
Qualified IPO.” 
  

	2.	 The following is hereby added as Section 15.11(xii) of the Shareholders’ Agreement:

 “This Section 15.11 shall terminate upon the date on which both AMC Funds (i) cease
to be a registered shareholder holding any Ordinary Shares or Preferred Shares of the Company on the Company’s register of members or (ii) have notified the Company that they no longer beneficially own any Share of the Company, whichever
is the earlier.” 
  

	3.	 From and after the date hereof, (i) all references in the Shareholders’ Agreement to “this
Agreement,” “hereof,” “hereunder” or words of like import referring to the Shareholders’ Agreement shall mean the Shareholders’ Agreement as amended by this Agreement, (ii) all references in the other
documents of the Company (including without limitation the memorandum and articles of association of the Company) to the Shareholders’ Agreement shall mean the Shareholders’ Agreement, as amended by this Agreement. 

 

	4.	 The parties hereto hereby ratify and confirm the Shareholders’ Agreement as modified hereby. Except as
modified and amended by this Agreement, the Shareholders’ Agreement and the respective rights and obligations of the parties thereunder shall be and remain unmodified and in full force and effect. 

 

	5.	 This Agreement shall be governed by and construed under the laws of Hong Kong, without regard to principles of
conflicts of law thereunder. 

  

	6.	 If any provision of this Agreement is found to be invalid or unenforceable, then such provision shall be
construed, to the extent feasible, so as to render the provision enforceable and to provide for the consummation of the transactions contemplated hereby on substantially the same terms as originally set forth herein, and if no feasible
interpretation would save such provision, it shall be severed from the remainder of this Agreement, which shall remain in full force and effect unless the severed provision is essential to the rights or benefits intended by the parties. In such
event, the parties shall use reasonable efforts to negotiate, in good faith, a substitute, valid and enforceable provision or agreement which most nearly effects the parties’ intent in entering into this Agreement. 

 

	7.	 This Agreement may be executed (including facsimile signature or emailed signature) in counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

  
 2 

	8.	 Any dispute, controversy or claim arising out of or relating to this Agreement, or the interpretation, breach,
termination or validity hereof shall be resolved in accordance with the dispute resolution mechanism set out in Section 16.15 of the Shareholders’ Agreement. 

 

	9.	 All capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth
in the Shareholders’ Agreement. 

 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	THE COMPANY:
	
	Full Truck Alliance Co. Ltd.
		
	By:	 	 /s/ Hui
Zhang                                        
                

	Name:	 	Hui Zhang
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	DAI WJ HOLDINGS LIMITED
		
	By:	 	 /s/ Wenjian Dai

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	LIU XF HOLDINGS LIMITED
		
	By:	 	 /s/ Xianfu Liu

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TANG TG HOLDINGS LIMITED
		
	By:	 	 /s/ Tianguang Tang

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	LUO P HOLDINGS LIMITED
		
	By:	 	 /s/ Peng Luo

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	GREAT OAK TRADING LTD.
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	DWJ PARTNERS LIMITED
		
	By:	 	 /s/ Wenjian Dai

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	MASTER QUALITY GROUP LIMITED
		
	By:	 	 /s/ SHAO Ya Ci CHEN You Rui

	Name:	 	SHAO Ya Ci CHEN You Rui
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	GENG XF HOLDINGS LIMITED
		
	By:	 	 /s/ Xiaofang Geng

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	STAR BEAUTY GLOBAL LIMITED
		
	By:	 	 /s/ Wong Man Chai

	Name:	 	Wong Man Chai
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

							
	CLOUSE S.A. ACTING FOR THE ACCOUNT OF ITS COMPARTMENT 27
		
	By:	 	 /s/ Sandra Bur            /s/
San-Marie Greeff

		 	Name:	 	Sandra Bur     San-Marie Greeff
		 	Title:	 	Director          Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	PESP VIII LIMITED
		
	By:	 	 /s/ Weidong (Richard) JI

		 	Name: Weidong (Richard) JI
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	AROMA TALENT LIMITED
		
	By:	 	 /s/ Wu Shang Tun Mason

		 	Name: Wu Shang Tun Mason
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	FULL LOAD LOGISTICS INFORMATION CO. LTD
		
	By:	 	 /s/ Hui Zhang

		 	Name: Hui Zhang
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	MORESPARK LIMITED
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	HILLHOUSE TCA TRK HOLDINGS LIMITED
		
	By:	 	 /s/ Jennifer Neo

		 	Name: Jennifer Neo
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	HILLHOUSE TRK-III HOLDINGS LIMITED
		
	By:	 	 /s/ Jennifer Neo

		 	Name: Jennifer Neo
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SHANGHAI DINGBEI ENTERPRISE MANAGEMENT CONSULTING PARTNERSHIP (LIIMITED PARTNERSHIP)
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	REDVIEW CAPITAL INVESTMENT VI LIMITED
		
	By:	 	 /s/ Yang Yan

		 	Name: Yang Yan
		 	Title: Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	Hero Fine Group Limited
		
	By:	 	 /s/ Kong Jian Min

	Name: Title:	 	Kong Jian Min
	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	EASTERN BELL INTERNATIONAL XXIV LIMITED
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year Fust above written. 
  

			
	VIOLET SPRINGS INTERNATIONAL LTD
		
	By:	 	 /s/ Chane Yunzhuan

		 	Name: Chane Yunzhuan
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	 Shareholders:
  

Pantheon Access Co-Investment Program, L.P. – Series 140

 
 By: Pantheon Access (US) GP, LLC, its general partner

 
 By: Pantheon Ventures Inc., its sole member

		
	By:	 	 /s/ Jeffrey Miller

	Name:	 	Jeffrey Miller
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	Pantheon Multi-Strategy Primary Program 2014, L.P. – Series 200
	
	By: Pantheon Multi-Strategy Program 2014 US GP, LLC, its general partner
	
	By: Pantheon Ventures Inc., its sole member
		
	By:	 	 /s/ Jeffrey Miller

	Name:	 	Jeffrey Miller
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	Pantheon International PLC
	
	By: Pantheon Ventures (UK) LLP, its attorney-in-fact
		
	By:	 	 /s/ Erik Wong

	Name:	 	Erik Wong
	Title:	 	Partner

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	 GGV CAPITAL VI L.P.
 BY: GGV CAPITAL
VI L.L.C., ITS GENERAL PARTNER

		
	BY:	 	 /s/ STEPHEN HYNDMAN

	NAME:	 	STEPHEN HYNDMAN
	TITLE:	 	ATTORNEY IN FACT

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	 GGV CAPITAL VI PLUS L.P.
 BY: GGV
CAPITAL VI PLUS L.L.C., ITS GENERAL PARTNER

		
	BY:	 	 /s/ STEPHEN HYNDMAN

	NAME:	 	STEPHEN HYNDMAN
	TITLE:	 	ATTORNEY IN FACT

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	GGV VII INVESTMENTS PTE. LTD.
		
	By:	 	 /s/ Stephen Hyndman

		 	Name: Stephen Hyndman
		 	Title: Attorney in Fact

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	 GGV Capital VI Entrepreneurs Fund L.P.

By: GGV Capital VI Entrepreneurs Fund L.L.C., its General Partner

		
	By:	 	 /s/ Stephen Hyndman

	Name:	 	Stephen Hyndman
	Title:	 	Attorney in Fact

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	GGV VII PLUS INVESTMENTS PTE. LTD.
		
	By:	 	 /s/ Stephen Hyndman

		 	Name: Stephen Hyndman
		 	Title: Attorney in Fact

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	FOR AND ON BEHALF OF GGV (FT) LLC
	
	GGV VII Investments Pte. Ltd.
		
	By:	 	 /s/ Stephen Hyndman

		 	 Name: Stephen Hyndman
 Title: Attorney in
Fact

	
	GGV VII Plus Investments Pte. Ltd.
		
	By:	 	 /s/ Stephen Hyndman

		 	 Name: Stephen Hyndman
 Title: Attorney in
Fact

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	GENESIS CAPITAL ILP
		
	By:	 	 /s/ Ryan Szeto

		 	Name: Ryan Szeto
		 	Title: Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SUN DRAGON LIMITED
		
	By:	 	 /s/ Hing Bong Humbert PANG

		 	Name: Hing Bong Humbert PANG
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TENCENT MOBILITY LIMITED
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	ALL-STARS SP VI LIMITED
		
	By:	 	 /s/ Weidong (Richard) JI

		 	Name: Weidong (Richard) JI
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TENG YUE PARTNERS MASTER FUND, LP
		
	By:	 	 /s/ Tao Li

		 	Name: Tao Li
		 	Title: General Partner

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TENG YUE PARTNERS RDLT, LP
		
	By:	 	 /s/ Tao Li

		 	Name: Tao Li
		 	Title: General Partner

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TYP HOLDINGS, LLC
		
	By:	 	 /s/ Tao Li

		 	Name: Tao Li
		 	Title: Managing Member

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	BAIDU CAPITAL L.P.
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	MARBLE INVESTMENT COMPANY LIMITED
		
	By:	 	 /s/ Yi CHEN

		 	Name: Yi CHEN
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TECHGIANT LIMITED
		
	By:	 	 /s/ Melissa Ma

		 	Name: Melissa Ma
		 	Title: Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	ALL-STARS PESP II LIMITED
		
	By:	 	 /s/ Weidong (Richard) JI

		 	Name: Weidong (Richard) JI
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	ALL-STARS SP VIII LIMITED
		
	By:	 	 /s/ Weidong (Richard) JI

		 	Name: Weidong (Richard) JI
		 	Title: Director

  

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	ALL-STARS PEIISP IV LIMITED
		
	By:	 	 /s/ Weidong (Richard) JI

		 	Name: Weidong (Richard) JI
		 	Title: Director

  

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TRUCK WORK LOGISTICS INFORMATION CO., LTD
		
	By:	 	 /s/ Wang Gang

		 	Name: Wang Gang
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	LIGHTSPEED CHINA PARTNERS I, L.P.
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	LIGHTSPEED CHINA PARTNERS I-A, L.P.
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	LIGHTSPEED VENTURE PARTNERS SELECT II, L.P.
		
	By:	 	Lightspeed General Partner Select II, L.P., its general partner
		
	By:	 	Lightspeed Ultimate General Partner Select II, Ltd., its general partner
		
	By:	 	 /s/ Ravi Mhatre

		 	Name: Ravi Mhatre
		 	Title: Duly authorized signatory

  

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	LIGHTSPEED OPPORTUNITY FUND, L.P.
		
	By:	 	Lightspeed General Partner Opportunity Fund, L.P., its general partner
		
	By:	 	Lightspeed Ultimate General Partner Opportunity Fund, Ltd., its general partner
		
	By:	 	 /s/ Ravi Mhatre

		 	Name: Ravi Mhatre
		 	Title: Duly authorized signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SCC VENTURE V HOLDCO I, LTD.
		
	By:	 	 /s/ Ip Siu Wai Eva

		 	Name: Ip Siu Wai Eva
		 	Title: Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SCC GROWTH IV 2018-H, L.P.
		
	By:	 	 /s/ Ip Siu Wai Eva

		 	Name: Ip Siu Wai Eva
		 	Title: Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SUNSHINE LOGISTICS INVESTMENT LIMITED
		
	By:	 	 /s/ Xin Huang

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TYRUS-DA GLOBAL SHARING ECONOMY NO. 2
		
	By:	 	 /s/ Eun Ae Yoon

		 	Name: Eun Ae Yoon
		 	Title:   CEO

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	CAPITAL CHAMPION HOLDINGS LIMITED
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	NANJING AI DE FU LUO NA INFORMATION TECHNOLOGY INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP)
		
	By:	 	 /s/ LiBo

		 	Name: LiBo
		 	Title: Representative Appointed by Executive Partner

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	XIANG HE FUND I, L.P.
	
	BY ITS GENERAL PARTNER: XIANG HE PARTNERS I, L.P.
	
	BY ITS GENERAL PARTNER: XIANG HE I GP, LTD
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	XIANG HE FUND II, L.P.
	
	BY ITS GENERAL PARTNER: XIANG HE PARTNERS II, L.P.
	
	BY ITS GENERAL PARTNER: XIANG HE II GP, LTD
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	 XIANG HE FUND GAMMA, L.P.

	
	BY ITS GENERAL PARTNER: XIANG HE PARTNERS I, L.P.
	
	BY ITS GENERAL PARTNER: XIANG HE I GP, LTD
		
	 By:
	 	 

  

		 	 Name:

		 	 Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	 CMC SCANIA HOLDINGS LIMITED

		
	By:	 	 /s/ CHEN Xian

		 	 Name: CHEN Xian

Title: Authorized Signatory

	

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	CMC SCANIA II LIMITED
		
	By:	 	 /s/ CHEN Xian

		 	Name:	 	CHEN Xian
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	INTERNET FUND IV PTE. LTD.
		
	By:	 	 /s/ Venkatagiri Mudeliar

	Name:	 	Venkatagiri Mudeliar
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	ARTIST GROWTH OPPORTUNITY FUND I LP
		
	By:	 	 /s/ Jonathan Sands

		 	Name:	 	Jonathan Sands
		 	Title:	 	CEO

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	ARTIST GROWTH OPPORTUNITY I LP
		
	By:	 	 /s/ Jonathan Sands

		 	Name:	 	Jonathan Sands
		 	Title:	 	CEO

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	GUIYANG VENTURE CAPITAL CO., LTD.
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	 EASTERN BELL V INVESTMENT LIMITED

		
	 By:
	 	 

  

		 	 Name:

		 	 Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	 EASTERN BELL INTERNATIONAL II LIMITED

		
	 By:
	 	 

  

		 	 Name:

		 	 Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	FORTUNE NICE INTERNATIONAL LIMITED
		
	By:	 	 /s/ Huang Xiao Fang

		 	Name:	 	Huang Xiao Fang
		 	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SVF TRUCK (SINGAPORE) PTE. LTD.
		
	By:	 	 /s/ Martin O’Regan

		 	Name:	 	Martin O’Regan
		 	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

							
	SVF II SAGE SUBCO (SINGAPORE) PTE. LTD.
			
		 	By:	 	 /s/ Martin O’Regan

		 		 	Name:	 	Martin O’Regan
		 		 	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	KITE HOLDINGS, LLC
	
	By: Farallon Capital Management, L.L.C., its Manager
		
	By:	 	 /s/ William S. Seybold

		 	Name:	 	William S. Seybold
		 	Title:	 	Managing Member

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	CAPITALG LP
	BY: CAPITALG GP LLC
	ITS: GENERAL PARTNER
		
	By:	 	 /s/ Jeremiah Gordon

		 	Name:	 	Jeremiah Gordon
		 	Title:	 	General Counsel and Secretary

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SCOTTISH MORTGAGE INVESTMENT TRUST PLC, acting through its agent, Baillie Gifford & Co.
	
		
	By:	 	 /s/ Tom Slater

		 	Name: Tom Slater
		 	Title: Authorised Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SUPER TROLLEY INVESTMENT LIMITED
		
	By:	 	 /s/ Zhou Qiuyuan

		 	Name: Zhou Qiuyuan
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SUPER MINI INVESTMENT LIMITED
		
	By:	 	 /s/ Zhou Qiuyuan

		 	Name: Zhou Qiuyuan
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SUPER KAR INVESTMENT LIMITED
		
	By:	 	 /s/ Zhou Qiuyuan

		 	Name: Zhou Qiuyuan
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SUPER VAN INVESTMENT LIMITED
		
	By:	 	 /s/ Zhou Qiuyuan

		 	Name: Zhou Qiuyuan
		 	Title: Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SUPER TRUCK INVESTMENT LIMITED
		
	By:	 	 /s/ Zhou Qiuyuan

		 	Name: Zhou Qiuyuan
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	ROSE WORLD CAPITAL LIMITED
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	NORTH LAND GLOBAL LIMITED
		
	By:	 	 

  

	Name:	 	
	Title:	 	

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	WF ASIAN RECONNAISSANCE FUND LIMITED
		
	By:	 	 /s/ Graham Ernst

		 	Name: Graham Ernst
		 	Title:   Authorised signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of ‘the date and year first above written. 
  

			
	DYNAMIC MOVE INVESTMENTS LIMITED
		
	By:	 	 

  

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	GSR VENTURES VI (SINGAPORE) PTE. LTD.
		
	By:	 	 

    

  

		 	Name:	 	
		 	Title:      Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized
representatives to execute this Agreement as of the date and year first above written. 
  

			
	Shareholders:
	
	China Internet Investment Fund (Limited Partnership)
		
		 	

		
	 By:
	 	 

  

	 Name:
	 	
	 Title:
	 	

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SHANGHAI SHENGJIA XINLUE INVESTMENT CENTER LLP

		
	By:	 	 /s/ Lu. Lina

		 	Name:    Lu. Lina
		 	Title:      Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	PROPITIOUS MORNINGSTAR LIMITED
		
	By:	 	 /s/ Xuefeng Ren

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	NING ZHANG
		
	By:	 	 /s/ Ning Zhang

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TR CHINA HOLDINGS 8
		
	By:	 	 /s/ Sau Chi Ming

		 	Name: Sau Chi Ming
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SEQUOIA CAPITAL GLOBAL GROWTH FUND III – 2020-B, L.P.
		
	By:	 	 /s/ Andrew Shaw Reynolds

		 	Name:	 	Andrew Shaw Reynolds
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

					
	SEQUOIA CAPITAL GLOBAL GROWTH FUND III – ENDURANCE PARTNERS, L.P.
		
	By:	 	 /s/ Andrew Shaw Reynolds

		 	Name:	 	Andrew Shaw Reynolds
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	TITANIUM GROWTH INVESTMENT LIMITED
		
	By:	 	 /s/ HANNAH DUNNELL

		 	Name: HANNAH DUNNELL
		 	Title:   DIRECTOR

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	FIDELITY CHINA SPECIAL SITUATIONS PLC
		
	By:	 	 /s/ Natalia de Sousa

		 	Name: Natalia de Sousa
		 	Title:   Company Secretary and authorised signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	FIL INVESTMENT MANAGEMENT
	(HONG KONG) LIMITED
	as professional fiduciary for and on behalf of
	
	FIDELITY INVESTMENT FUNDS
	FIDELITY FUNDS
	ERI-BAYERNINVEST-FONDS AKTIEN
	ASIEN
		
	By:	 	 /s/ Jackie Chien

		 	Name: Jackie Chien
		 	Title:   Authorized Signatory

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	RACING SPORTS LIMITED
		
	By:	 	 /s/ Xin Huang

		 	Name:
		 	Title:

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to
execute this Agreement as of the date and year first above written. 
  

			
	SCEP MASTER FUND
		
	By:	 	 /s/ Cao Fang

		 	Name: Cao Fang
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1 to Shareholders Agreement] 

 Schedule I 

Majority Ordinary Shareholders 
  

	1.	 Dai WJ Holdings Limited 

	2.	 Liu XF Holdings Limited 

	3.	 Tang TG Holdings Limited 

	4.	 Luo P Holdings Limited 

	5.	 Great Oak Trading LTD. 

	6.	 DWJ Partners Limited 

	7.	 Master Quality Group Limited 

	8.	 GENG XF Holdings Limited 

	9.	 Star Beauty Global Limited 

	10.	 Clouse S.A. acting for the account of its compartment 27 

	11.	 PESP VIII Limited 

	12.	 AROMA TALENT LIMITED 

	13.	 Full Load Logistics Information Co., Ltd 

 Schedule II-1 

Majority Series A Preferred Shareholders 
  

	1.	 Morespark Limited 

	2.	 Hillhouse TCA TRK Holdings Limited 

	3.	 Hillhouse TRK-III Holdings Limited 

	4.	 Shanghai Dingbei Enterprise Management Consulting Partnership (Limited Partnership) 

	5.	 Redview Capital Investment VI Limited 

	6.	 HERO FINE GROUP LIMITED 

	7.	 Eastern Bell International XXIV Limited 

	8.	 Violet Springs International Ltd 

	9.	 Pantheon Access Co-Investment Program, L.P. – Series 140

	10.	 Pantheon Multi-Strategy Primary Program 2014, L.P. – Series 200 

	11.	 Pantheon International PLC 

	12.	 GGV Capital VI L.P. 

	13.	 GGV Capital VI Plus L.P. 

	14.	 GGV VII Investments Pte. Ltd. 

	15.	 GGV Capital VI Entrepreneurs Fund L.P. 

	16.	 GGV VII Plus Investments Pte. Ltd. 

	17.	 GGV (FT) LLC 

	18.	 Genesis Capital I LP 

	19.	 SUN DRAGON LIMITED 

	20.	 Tencent Mobility Limited 

	21.	 All-Stars SP VI Limited 

	22.	 Teng Yue Partners Master Fund, LP 

	23.	 Teng Yue Partners RDLT, LP 

	24.	 TYP Holdings, LLC 

	25.	 BAIDU CAPITAL L.P. 

	26.	 Marble Investment Company Limited 

	27.	 TECHGIANT LIMITED 

	28.	 All-Stars PESP II Limited 

	29.	 All-Stars SP VIII Limited 

	30.	 All-Stars PEIISP IV Limited 

	31.	 Truck Work Logistics Information Co., Ltd 

	32.	 Lightspeed China Partners I, L.P. 

	33.	 Lightspeed China Partners I-A, L.P., 

	34.	 LIGHTSPEED VENTURE PARTNERS SELECT II, L.P. 

	35.	 Lightspeed Opportunity Fund, L.P., 

	36.	 SCC Venture V Holdco I, Ltd. 

	37.	 SCC GROWTH IV 2018-H, L.P. 

	38.	 Sunshine Logistics Investment Limited 

	39.	 Tyrus-DA Global Sharing Economy No. 2 

	40.	 Capital Champion Holdings Limited 

	41.	 Nanjing Ai De Fu Luo Na Information Technology Investment Partnership (Limited Partnership),

	42.	 Xiang He Fund I, L.P. 

	43.	 Xiang He Fund II, L.P. 

	44.	 Xiang He Fund Gamma, L.P. 

	45.	 CMC Scania Holdings Limited 

	46.	 CMC Scania II Limited 

	47.	 Internet Fund IV Pte. Ltd. 

	48.	 Artist Growth Opportunity Fund I LP 

	49.	 Artist Growth Opportunity I LP 

	50.	 Guiyang Venture Capital Co., Ltd. 

	51.	 Eastern Bell V Investment Limited 

	52.	 Eastern Bell International II Limited 

	53.	 Fortune Nice International Limited 

	54.	 SVF Truck (Singapore) Pte. Ltd. 

	55.	 SVF II Sage Subco (Singapore) Pte. Ltd. 

	56.	 Kite Holdings, LLC 

	57.	 CapitalG LP 

	58.	 Scottish Mortgage Investment Trust plc 

	59.	 Super Trolley Investment Limited 

	60.	 Super Mini Investment Limited 

	61.	 Super Kar Investment Limited 

	62.	 Super Van Investment Limited, 

	63.	 Super Truck Investment Limited 

	64.	 Full Load Logistics Information Co., Ltd 

	65.	 Rose World Capital Limited 

	66.	 North Land Global Limited 

	67.	 WF ASIAN RECONNAISSANCE FUND LIMITED 

	68.	 DYNAMIC MOVE INVESTMENTS LIMITED 

	69.	 GSR VENTURES VI (SINGAPORE) PTE. LTD. 

	70.	 China Internet Investment Fund (Limited Partnership) 

	71.	 Shanghai Shengjia Xinlue Investment Center LLP 

	72.	 Propitious Morningstar Limited 

	73.	 Ning Zhang 

	74.	 TR China Holdings 8 

	75.	 SEQUOIA CAPITAL GLOBAL GROWTH FUND III—2020-B, L.P.

	76.	 SEQUOIA CAPITAL GLOBAL GROWTH FUND III—ENDURANCE PARTNERS, L.P. 

	77.	 Titanium Growth Investment Limited 

	78.	 Fidelity China Special Situations PLC 

	79.	 Fidelity Investment Funds 

	80.	 Fidelity Funds 

	81.	 ERI-BayernInvest-Fonds Aktien Asien 

	82.	 Racing Sports Limited 

	83.	 SCEP Master Fund 

 Schedule II-2 

Majority Series A-15 Preferred Shareholders 

 

	1.	 Full Load Logistics Information Co., Ltd 

	2.	 Super Trolley Investment Limited 

	3.	 Super Mini Investment Limited 

	4.	 Super Kar Investment Limited 

	5.	 Super Van Investment Limited, 

	6.	 Super Truck Investment Limited 

	7.	 LIGHTSPEED VENTURE PARTNERS SELECT II, L.P. 

	8.	 Tencent Mobility Limited 

	9.	 SCC GROWTH IV 2018-H, L.P. 

	10.	 All-Stars PESP II Limited 

	11.	 All-Stars SP VIII Limited 

	12.	 Genesis Capital I LP 

	13.	 Eastern Bell International II Limited 

	14.	 Hillhouse TRK-III Holdings Limited 

	15.	 Teng Yue Partners Master Fund, LP 

	16.	 Teng Yue Partners RDLT, LP 

	17.	 Capital Champion Holdings Limited 

	18.	 Xiang He Fund I, L.P. 

	19.	 GGV Capital VI L.P. 

	20.	 GGV Capital VI Entrepreneurs Fund L.P. 

	21.	 SVF Truck (Singapore) Pte. Ltd. 

	22.	 Propitious Morningstar Limited 

	23.	 China Internet Investment Fund (Limited Partnership) 

	24.	 Kite Holdings, LLC 

	25.	 CapitalG LP 

	26.	 Scottish Mortgage Investment Trust plc 

	27.	 WF ASIAN RECONNAISSANCE FUND LIMITED 

	28.	 GSR VENTURES VI (SINGAPORE) PTE. LTD. 

	29.	 Shanghai Shengjia Xinlue Investment Center LLP 

	30.	 DYNAMIC MOVE INVESTMENTS LIMITED 

	31.	 Rose World Capital Limited 

	32.	 North Land Global Limited 

	33.	 Ning Zhang 

 Schedule II-3 

Majority Series A-16 Preferred Shareholders 

 

	1.	 SEQUOIA CAPITAL GLOBAL GROWTH FUND III - 2020-B, L.P.

	2.	 SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS, L.P. 

	3.	 Titanium Growth Investment Limited 

	4.	 SVF Truck (Singapore) Pte. Ltd. 

	5.	 Fidelity China Special Situations PLC 

	6.	 Fidelity Investment Funds 

	7.	 Fidelity Funds 

	8.	 Quilter Investors OEIC 

	9.	 ERI-BayernInvest-Fonds Aktien Asien 

	10.	 Xiang He Fund II, L.P. 

	11.	 Xiang He Fund Gamma, L.P. 

	12.	 Hillhouse TRK-III Holdings Limited 

	13.	 All-Stars PEIISP IV Limited 

	14.	 Lightspeed Opportunity Fund, L.P. 

	15.	 Scottish Mortgage Investment Trust plc 

	16.	 Racing Sports Limited 

	17.	 CMC Scania II Limited 

	18.	 GGV VII Investments Pte. Ltd. 

	19.	 GGV VII Plus Investments Pte. Ltd. 

	20.	 GGV (FT) LLC 

	21.	 Morespark LimitedEX-10.1

 Exhibit 10.1 

FULL TRUCK ALLIANCE CO. LTD. 

INDEMNIFICATION AGREEMENT 

This Indemnification Agreement (the “Agreement”) is entered into as
of                     by and between Full Truck Alliance Co. Ltd., a Cayman Islands company (the “Company”) and the undersigned, a
[director/officer] of the Company (“Indemnitee”). 
 RECITALS 

1.    The Company recognizes that highly competent persons are becoming more reluctant to serve corporations as directors
or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against risks of claims and actions against them arising out of their services to the corporation. 

2.    The Board of Directors of the Company (the “Board”) has determined that the inability to attract and
retain highly competent persons to serve the Company would be detrimental to the best interests of the Company and its shareholders and that it is reasonable and necessary for the Company to provide adequate protection to such persons against risks
of claims and actions against them arising out of their services to the Company. 
 3.    The Company and Indemnitee do
not regard the indemnities available under the Company’s memorandum and articles of association, as now or hereinafter in effect (the “Articles of Association”) as adequate to protect Indemnitee against the risks associated with his
service to the Company. 
 4.    The Company is willing to indemnify Indemnitee to the fullest extent permitted by
applicable law, and Indemnitee is willing to serve and continue to serve the Company on the condition that he be so indemnified. 

AGREEMENT 
 In
consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows: 
  

	I.	 Definitions 

The following terms shall have the meanings defined below: 

Change in Control shall be deemed to have occurred if, on or after the date of this Agreement, (i) any “person” (as such
term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), other than (a) a trustee or other fiduciary holding securities under an employee benefit plan of the Company
acting in such capacity; (b) a corporation owned directly or indirectly by the shareholders of the Company in substantially the same proportions as their ownership of ordinary shares of the Company; or (c) any current beneficial
shareholder or group, as defined by Rule 13d-5 of the Exchange Act, including the heirs, assigns and successors thereof, of beneficial ownership, within the meaning of
Rule 13d-3 of the Exchange Act, of securities possessing more than 50% of the total combined voting power of the Company’s outstanding securities; hereafter becomes the “beneficial owner”
(as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing more than 20% of the total combined voting power represented by the Company’s then
outstanding ordinary shares, (ii) during any period of two (2) consecutive years, individuals who at the beginning of such period constitute the Board and any new director whose election by the Board or nomination for election by the
Company’s shareholders was approved by a vote of at least two thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved,
cease for any reason to constitute a majority thereof, or (iii) the shareholders of the Company approve a merger or consolidation of the Company with any other corporation other than a merger or consolidation which would result in the ordinary
shares of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into ordinary shares of the surviving entity) at least 80% of the total voting power represented by the
ordinary shares of the Company or such surviving entity outstanding immediately after such merger or consolidation, or the shareholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition
by the Company of (in one transaction or a series of related transactions) all or substantially all of the Company’s assets. 

 Disinterested Director means a director of the Company who is not and was not a party
to the Proceeding in respect of which indemnification is sought by Indemnitee. 
 Expenses shall include damages, judgments, fines,
penalties, settlements and costs, attorneys’ fees and disbursements and costs of attachment or similar bond, investigations, liabilities, losses, taxes, any expenses paid or incurred in connection with investigating, defending, being a witness
in, participating in (including on appeal), or preparing for any of the foregoing in, any Proceeding, and any taxes, interests, assessments or other charges imposed as a result of the actual or deemed receipt of any payments under this Agreement;
provided that if the Indemnitee provides his or her primary professional services based on an hourly fee rate (the “Hourly Rate”), the Expenses shall also include the product of the amount of time he or she shall spend for any Proceeding
and the effective Hourly Rate. 
 Indemnifiable Event means any event or occurrence that takes place either before or after the
execution of this Agreement, related to the fact that Indemnitee is or was a director or an officer of the Company, or any subsidiary or consolidated variable interest entity of the Company, or is or was serving at the request of the Company as a
director, officer, employee or agent of another corporation, partnership, limited liability company, joint venture, trust or other entity, including services with respect to employee benefit plans, or was a director or officer of an entity that was
a predecessor of the Company or another entity at the request of such predecessor entity, or related to anything done or not done by Indemnitee in any such capacity. 

Independent Counsel means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither
presently is, nor in the past five (5) years has been, retained to represent (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning the Indemnitee under this Agreement, or
of other indemnitees under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “Independent Counsel” shall
not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee’s rights under this
Agreement. 

  
 2 

 Participant means a person who is a party to, or witness or participant (including on
appeal) in, a Proceeding. 
 Proceeding means any threatened, pending, or completed action, suit or proceeding, or any inquiry,
hearing or investigation, whether civil, criminal, administrative, investigative or other, including any appeal thereof, in which Indemnitee may be or may have been involved as a party or otherwise by reason of an Indemnifiable Event, including,
without limitation, any threatened, pending, or completed action, suit or proceeding by or in the right of the Company. 
 Reviewing
Party means (i) the Board by a majority vote of a quorum consisting of Disinterested Directors, or (ii) if a quorum of the Board consisting of Disinterested Directors is not obtainable or, even if obtainable, said Disinterested
Directors so direct, Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee. 
  

	II.	 Agreement To Indemnify 

1.    General Agreement. In the event Indemnitee was, is, or becomes a Participant in, or is threatened to be
made a Participant in, a Proceeding, the Company shall indemnify the Indemnitee from and against any and all Expenses which Indemnitee incurs or becomes obligated to incur in connection with such Proceeding, to the fullest extent permitted by
applicable law, even if such indemnification is not specifically authorized by the other provisions of this Agreement or any other agreement, the Articles of Association, or by statute. In the event of any change after the date of this Agreement in
any applicable law, statute or rule which expands the right of a Cayman Islands company to indemnify a member of its Board of Directors or an officer, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater
benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Cayman Islands company to indemnify a member of its Board of Directors or an officer, such change, to the extent not
otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties’ rights and obligations hereunder except as set forth in Section 3 hereof. 

2.    Partial Indemnification. If Indemnitee is entitled under any provision of this Agreement to
indemnification by the Company for a portion of Expenses, but not for the total amount of Expenses, the Company shall indemnify the Indemnitee for the portion of such Expenses to which Indemnitee is entitled. 

  
 3 

 3.    Exclusions. Notwithstanding anything in this Agreement
to the contrary, Indemnitee shall not be entitled to indemnification under this Agreement: 
 (a)    to the extent
that payment is actually made to Indemnitee under a valid, enforceable and collectible insurance policy, except in respect of any excess beyond the amount of payment under such insurance policy; 

(b)    to the extent that Indemnitee is fully indemnified and actually paid other than pursuant to this Agreement; 

(c)    in connection with any Proceeding initiated by Indemnitee against the Company, any director or officer of the
Company or any other party, and not by way of defense, unless (i) the Company has joined in or the Reviewing Party (as defined herein) has consented to the initiation of such Proceeding; or (ii) the Proceeding is one to enforce
indemnification rights under this Agreement or any applicable law; 
 (d)    to the extent the Proceeding is brought
about by the conduct of the Indemnitee that is finally adjudicated to (i) have been knowingly fraudulent or deliberately dishonest or to have constituted willful misconduct, and (ii) be material to the cause of action so adjudicated; 

(e)    for any judgment, fine or penalty which the Company is prohibited by applicable law from paying as indemnity; 

(f)    arising out of Indemnitee’s personal tax matter; or 

(g)    arising out of Indemnitee’s breach of an employment agreement with the Company (if any) or any other agreement
with the Company or any of its subsidiaries. 
 4.    No Employment Rights. Nothing in this Agreement is
intended to create in Indemnitee any right to continued employment with the Company. 

5.    Contribution. If the indemnification provided in this Agreement is unavailable and may not be paid to
the Indemnitee for any reason other than those set forth in Section II. 3, then the Company shall contribute to the amount of Expenses paid in settlement actually and reasonably incurred and paid or payable by the Indemnitee in such proportion
as is appropriate to reflect (i) the relative benefits received by the Company on the one hand and by the Indemnitee on the other hand from the transaction from which such Proceeding arose, and (ii) the relative fault of the Company on the
one hand and of the Indemnitee on the other hand in connection with the events which resulted in such Expenses, as well as any other relevant equitable considerations. The relative fault of the Company on the one hand and of the Indemnitee on the
other hand shall be determined by reference to, among other things, the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent the circumstances resulting in such Expenses, judgments, fines or
settlement amounts. The Company agrees that it would not be just and equitable if contribution pursuant to this Section II. 5 were determined by pro rata allocation or by any other method of allocation which does not take account of the
foregoing equitable considerations. 

  
 4 

	III.	 Indemnification Process 

1.    Notice and Cooperation By Indemnitee. Indemnitee shall give the Company notice in writing as soon as
practicable of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement. Notice to the Company shall be given in accordance with Section VI.7 below. In addition, Indemnitee shall give the
Company such information and cooperation as the Company may reasonably request. 
 2.    Indemnification Payment.

 (a)    Advancement of Expenses. Indemnitee may submit a written request with reasonable particulars to the
Company requesting that the Company advance to Indemnitee all Expenses that may be reasonably incurred in advance by Indemnitee in connection with a Proceeding. The Company shall, within ten (10) business days of receiving such a written
request by Indemnitee, advance all requested Expenses to Indemnitee. Any excess of the advanced Expenses over the actual Expenses will be repaid to the Company. 

(b)    Reimbursement of Expenses. To the extent Indemnitee has not requested any advanced payment of Expenses
from the Company, Indemnitee shall be entitled to receive reimbursement for the Expenses incurred in connection with a Proceeding from the Company as soon as practicable after Indemnitee makes a written request to the Company for reimbursement.

 (c)    Determination by the Reviewing Party. Notwithstanding the foregoing, (i) the obligations of
the Company under Section II.1 shall be subject to the condition that the Reviewing Party shall not have determined (in a written opinion, in any case in which the Independent Counsel referred to in Section III.2(e) hereof is
involved) that the Indemnitee would not be permitted to be indemnified under applicable law or the Company’s Articles of Association, and (ii) the obligation of the Company to make an advance payment of Expenses to the Indemnitee pursuant
to Section III. 2(a) shall be subject to the condition that, if, when and to the extent that the Reviewing Party determines that Indemnitee would not be permitted to be so indemnified under applicable law or the Company’s Articles of
Association, the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore paid; provided, however, that if Indemnitee has commenced or thereafter commences legal
proceedings in a court of competent jurisdiction to secure a determination that Indemnitee should be indemnified under applicable law, any determination made by the Reviewing Party that the Indemnitee would not be permitted to be indemnified under
applicable law shall not be binding and Indemnitee shall not be required to reimburse the Company for any advanced Expenses until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom have been
exhausted or lapsed). The Indemnitee’s obligation to reimburse the Company for any advanced Expenses shall be unsecured and no interest shall be charged thereon. If there has not been a Change in Control, the Reviewing Party shall be selected
by the Board, and if there has been such a Change in Control (other than a Change in Control which has been approved by a majority of the Company’s Board who were directors immediately prior to such Change in Control), the Reviewing Party shall
be the Independent Counsel referred to in Section III.2(e) hereof. 

  
 5 

 (d)    Enforcement of Indemnification Rights. If there has
been no determination by the Reviewing Party or if the Reviewing Party determines that Indemnitee substantively would not be permitted to be indemnified in whole or in part under applicable law, or if Indemnitee has not otherwise been paid in full
within 30 days after a written demand has been received by the Company, Indemnitee shall have the right to commence litigation in any court having subject matter jurisdiction thereof and in which venue is proper to recover the unpaid amount of
the demand (an “Enforcement Proceeding”) and, if successful in whole or in part, Indemnitee shall be entitled to be paid any and all Expenses in connection with such Enforcement Proceeding. The Company hereby consents to service of
process and to appear in any such proceeding. 
 (e)    Change in Control. The Company agrees that if there
is a Change in Control of the Company (other than a Change in Control which has been approved by a majority of the Company’s Board who were directors immediately prior to such Change in Control) then, with respect to all matters thereafter
arising concerning the rights of Indemnitees to payments of Expenses under this Agreement or any other agreement or under the Company’s Articles of Association, Independent Counsel shall be selected by the Indemnitee and approved by the
Company (which approval shall not be unreasonably withheld). Such counsel, among other things, shall render its written opinion to the Company and Indemnitee as to whether and to what extent Indemnitee would be permitted to be indemnified under
applicable law, and the Company agrees to abide by such opinion. The Company agrees to pay the reasonable fees of the Independent Counsel referred to above and to fully indemnify such counsel against any and all expenses (including attorneys’
fees), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

3.    Assumption of Defense. In the event the Company is obligated under this Agreement to advance or bear any
Expenses for any Proceeding against Indemnitee, the Company shall be entitled to assume the defense of such Proceeding, with counsel approved by Indemnitee, upon delivery to Indemnitee of written notice of its election to do so. After delivery
of such notice, approval of such counsel by Indemnitee in writing and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with
respect to the same Proceeding, unless (i) the employment of counsel by Indemnitee has been previously authorized by the Company, (ii) Indemnitee shall have reasonably concluded that, based on written advice of counsel, there may be a
conflict of interest of such counsel retained by the Company between the Company and Indemnitee in the conduct of any such defense, or that counsel selected by the Company may not be adequately representing Indemnitee, or (iii) the Company
ceases or terminates the employment of such counsel with respect to the defense of such Proceeding, in any of which events the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company. At all times, Indemnitee
shall have the right to employ counsel in any Proceeding at Indemnitee’s expense. 
 4.    Defense to
Indemnification, Burden of Proof and Presumptions. It shall be a defense to any action brought by Indemnitee against the Company to enforce this Agreement that it is not permissible under this Agreement or applicable law for the Company to
indemnify the Indemnitee for the amount claimed. In connection with any such action or any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified under this Agreement, the burden of proving such
a defense or determination shall be on the Company. Neither the failure of the Reviewing Party or the Company to have made a determination prior to the commencement of such action by Indemnitee that indemnification is proper under the
circumstances because Indemnitee has met the standard of conduct set forth in applicable law, nor an actual determination by the Reviewing Party or the Company that Indemnitee had not met such applicable standard of conduct shall be a defense to the
action or create a presumption that Indemnitee has not met the applicable standard of conduct. 

  
 6 

 5.    No Settlement Without Consent. Neither party to this
Agreement shall settle any Proceeding in any manner that would impose any damage, loss, penalty or limitation on Indemnitee without the other party’s written consent. Neither the Company nor Indemnitee shall unreasonably withhold its
consent to any proposed settlement. 
 6.    Company Participation. Subject to Section II.5, the
Company shall not be liable to indemnify the Indemnitee under this Agreement with regard to any judicial action if the Company was not given a reasonable and timely opportunity, at its expense, to participate in the defense, conduct and/or
settlement of such action. 
  

	IV.	 Director and Officer Liability Insurance 

1.    Liability Insurance. The Company shall obtain and maintain a policy or policies of insurance with
reputable insurance companies providing the officers and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the Company’s performance of its indemnification obligations under
this Agreement. To the extent the Company determines that it is no longer practicable for the Company to maintain such insurances, it shall notify promptly its directors and officers before it terminates such insurances and such termination
must be approved by the majority of the Company’s directors. 
 2.    Coverage of Indemnitee. To the
extent the Company maintains an insurance policy or policies providing directors’ and officers’ liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent
of the coverage available for any of the Company’s directors or officers. 
 3.    No
Obligation. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain any director and officer insurance policy if a majority of the Company’s directors determines in good faith that such insurance is
not reasonably available in the case that (i) premium costs for such insurance are disproportionate to the amount of coverage provided, (ii) the coverage provided by such insurance is limited by exclusions so as to provide an insufficient
benefit, or (iii) Indemnitee is covered by similar insurance maintained by a parent or subsidiary of the Company. 
  

	V.	 Non-Exclusivity; Federal Preemption; Term 

1.    Non-Exclusivity. The indemnification provided by this Agreement
shall not be deemed exclusive of any rights to which Indemnitee may be entitled under the Articles of Association, any vote of shareholders or directors, applicable law or any written agreement between Indemnitee and the Company (including its
subsidiaries and affiliates). The indemnification provided under this Agreement shall continue to be available to Indemnitee for any action taken or not taken while serving in an indemnified capacity even though he may have ceased to serve in
any such capacity at the time of any Proceeding. 

  
 7 

 2.    Federal Preemption. Notwithstanding the foregoing,
both the Company and Indemnitee acknowledge that in certain instances, U.S. federal law or public policy may override applicable law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Such
instances include, but are not limited to, the U.S. Securities and Exchange Commission’s prohibition on indemnification for liabilities arising under certain U.S. federal securities laws. Indemnitee understands and acknowledges that the
Company has undertaken or may be required in the future to undertake with the U.S. Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company’s right under
public policy to indemnify Indemnitee. 
 3.    Duration of Agreement. All agreements and obligations of the
Company contained herein shall continue during the period Indemnitee is an officer and/or a director of the Company (or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise) and shall continue thereafter so long as Indemnitee shall be subject to any Proceeding by reason of his former or current capacity at the Company or any other enterprise (including service with respect to
employee benefit plans) at the Company’s request, whether or not he is acting or serving in any such capacity at the time any Expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall continue
in effect regardless of whether Indemnitee continues to serve as an officer and/or a director of the Company or any other enterprise at the Company’s request. 
  

	VI.	 Miscellaneous 

1.    Amendment of this Agreement. No supplement, modification, or amendment of this Agreement shall be binding
unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement shall operate as a waiver of any other provisions (whether or not similar), nor shall such waiver constitute a continuing waiver. Except
as specifically provided in this Agreement, no failure to exercise or any delay in exercising any right or remedy shall constitute a waiver. 

2.    Subrogation. In the event of payment to Indemnitee by the Company under this Agreement, the Company
shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents
necessary to enable the Company to bring suit to enforce such rights. 
 3.    Assignment; Binding
Effect. Neither this Agreement nor any of the rights or obligations hereunder may be assigned by either party hereto without the prior written consent of the other party; except that the Company may, without such consent, assign all such
rights and obligations to a successor in interest to the Company which assumes all obligations of the Company under this Agreement in a written agreement in form and substance satisfactory to Indemnitee. Notwithstanding the foregoing, this
Agreement shall be binding upon and inure to the benefit of and be enforceable by and against the parties hereto and the Company’s successors (including any direct or indirect successor by purchase, merger, consolidation, or otherwise to all or
substantially all of the business and/or assets of the Company) and assigns, as well as Indemnitee’s spouses, heirs, and personal and legal representatives. 

  
 8 

 4.    Severability and Construction. Nothing in this
Agreement is intended to require or shall be construed as requiring the Company to do or fail to do any act in violation of applicable law. The Company’s inability, pursuant to a court order, to perform its obligations under this Agreement
shall not constitute a breach of this Agreement. In addition, if any portion of this Agreement shall be held by a court of competent jurisdiction to be invalid, void, or otherwise unenforceable, the remaining provisions shall remain enforceable
to the fullest extent permitted by applicable law. The parties hereto acknowledge that they each have opportunities to have their respective counsels review this Agreement. Accordingly, this Agreement shall be deemed to be the product of both
of the parties hereto, and no ambiguity shall be construed in favor of or against either of the parties hereto. 

5.    Counterparts. This Agreement may be executed in two (2) counterparts, both of which taken together
shall constitute one instrument. 
 6.    Governing Law. This agreement and all acts and transactions
pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the State of New York, U.S.A., without giving effect to conflicts of law provisions thereof. 

7.    Notices. All notices, demands, and other communications required or permitted under this Agreement shall
be made in writing and shall be deemed to have been duly given if delivered by hand, against receipt, on the date of delivery, or mailed, on the third business day after mailing, postage prepaid, certified or registered mail, return receipt
requested, and addressed to the Company at: 
 Wanbo Science and Technology Park, 20 Fengxin Road 

Yuhuatai District, Nanjing 

Jiangsu 210012 
 People’s
Republic of China 
 Attention: Mr. Kai Shen 

and to Indemnitee at: 
 [Name]

 [Address] 
 [Address] 

[Address] 
 Notice of change of
address shall be effective only when done in accordance with this Section. 
 8.    Certain
Relationships. The obligations and rights created under this Agreement shall not be affected by any amendment to the Company’s Articles of Association or any other agreement or instrument to which Indemnitee is not a party, and shall
not diminish any other rights which Indemnitee now or in the future has against the Company or any other person or entity. 

  
 9 

 9.    Acknowledgment. The Company expressly acknowledges
that it has entered into this Agreement and assumed the obligations imposed on the Company under this Agreement in order to induce Indemnitee to serve or to continue to serve as a director or officer and acknowledges that Indemnitee is relying on
this Agreement in serving or continuing to serve in such capacity. The Company further agrees to stipulate in any court proceeding that the Company is bound by all of the provisions of this Agreement. 

10.    Period of Limitations. No legal action shall be brought and no cause of action shall be asserted by or
in the right of the Company against Indemnitee, or Indemnitee’s estate, heirs, executors, administrators or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action, and any claim or
cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of
limitations is otherwise applicable to any such cause of action, such shorter period shall govern. 
 11.    Entire
Agreement. This Agreement constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof. 

[Signature page follows] 

  
 10 

 IN WITNESS WHEREOF, the parties hereto execute this Agreement as of the date first written above. 

 

	
	FULL TRUCK ALLIANCE CO. LTD.
	
	  

	Name:
	Title:
	
	INDEMNITEE
	
	  

	Name:

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