{"url_path":"/sec/eh/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 Description of Securities Other than Equity Securities","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1759783/0001193125-26-226608-index.html","accession_number":"0001193125-26-226608","cik":"0001759783","ticker":"EH","issuer_name":"EHang Holdings Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1759783/0001193125-26-226608-index.html","primary_entity_key":"0001759783","primary_entity_name":"EHang Holdings Ltd"},"word_count":685,"has_tables":true,"body_markdown":"Item 12.\n\nDescription of Securities Other than Equity Securities\n\nA. Debt Securities\n\nNot applicable.\n\nB. Warrants and Rights\n\nNot applicable.\n\nC. Other Securities\n\nNot applicable.\n\n \n\n149\n\n##### Table of Contents\n\nD. American Depositary Shares\n\nFees and Expenses\n\nThe Bank of New York Mellon, as depositary, is responsible for registering and delivering American Depositary Shares, also referred to as ADSs. Each ADS represents two Class A ordinary shares (or a right to receive two Class A ordinary shares) deposited with The Hongkong and Shanghai Banking Corporation Limited, as custodian for the depositary in Hong Kong. Each ADS also represents any other securities, cash or other property that may be held by the depositary. The deposited shares together with any other securities, cash or other property held by the depositary are referred to as the deposited securities. The depositary’s office at which the ADSs are being administered and its principal executive office are each located at 240 Greenwich Street, New York, New York 10286.\n\nAn ADS holder will be required to pay the following fees under the terms of the deposit agreement:\n\n \n\nPersons depositing or withdrawing shares or ADS holders must pay\n\n  \n\nFor\n\n$5.00 (or less) per 100 ADSs (or portion of 100 ADSs)\n  \n\n•\n\nIssuance of ADSs, including issuances resulting from a distribution of shares or rights or other property\n\n  \n\n•\n\nCancellation of ADSs for the purpose of withdrawal, including if the deposit agreement terminates\n\n$0.05 (or less) per ADS\n  \n\n•\n\nAny cash distribution to ADS holders\n\nA fee equivalent to the fee that would be payable if securities distributed to you had been shares and the shares had been deposited for issuance of ADSs\n  \n\n•\n\nDistribution of securities distributed to holders of deposited securities (including rights) that are distributed by the depositary to ADS holders\n\n$.05 (or less) per ADS per calendar year\n  \n\n•\n\nDepositary services\n\nRegistration or transfer fees\n  \n\n•\n\nTransfer and registration of shares on our share register to or from the name of the depositary or its agent when you deposit or withdraw shares\n\nExpenses of the depositary\n  \n\n•\n\nCable (including SWIFT) and facsimile transmissions (when expressly provided in the deposit agreement)\n\n  \n\n•\n\nConverting foreign currency to U.S. dollars\n\nTaxes and other governmental charges the depositary or the custodian has to pay on any ADSs or shares underlying ADSs, such as stock transfer taxes, stamp duty or withholding taxes\n  \n\n•\n\nAs necessary\n\nAny charges incurred by the depositary or its agents for servicing the deposited securities\n  \n\n•\n\nAs necessary\n\nFees and Other Payments Made by the Depositary to us\n\nFrom time to time, the depositary may make payments to us to reimburse us for costs and expenses generally arising out of establishment and maintenance of the ADS program, waive fees and expenses for services provided to us by the depositary or share revenue from the fees collected from ADS holders. In performing its duties under the deposit agreement, the depositary may use brokers, dealers, foreign currency dealers or other service providers that are owned by or affiliated with the depositary and that may earn or share fees, spreads or commissions. For the year ended December 31, 2025, we received US$0.2 million in reimbursement from the depositary for our expenses incurred in connection with the establishment and maintenance of the ADS program.\n\n \n\n150\n\n##### Table of Contents\n\nPayment of Taxes\n\nADS holders will be responsible for any taxes or other governmental charges payable on the ADSs or on the deposited securities represented by any of the ADSs. The depositary may refuse to register any transfer of ADSs or allow holders thereof to withdraw the deposited securities represented by the ADSs until those taxes or other charges are paid. It may apply payments owed to ADS holders or sell deposited securities represented by the ADSs to pay any taxes owed and the ADS holders will remain liable for any deficiency. If the depositary sells deposited securities, it will, if appropriate, reduce the number of ADSs to reflect the sale and pay to ADS holders any proceeds, or send to ADS holders any property, remaining after it has paid the taxes.\n\n \n\n151\n\n##### Table of Contents\n\nPART II"}