MEITUAN-W (03690): Issuance of RMB4.5 billion 2.50% senior notes due 2031 and RMB3.5 billion 3.10% senior notes due 2036

MEITUAN-W (03690) announced that on October 27, 2026, the Company and the initial purchasers entered into a purchase agreement in respect of the notes offering. Before deducting underwriting commissions and certain estimated offering expenses, the gross proceeds from the notes offering will be RMB8 billion. The Company intends to use the net proceeds from the notes offering primarily for refinancing existing offshore debt and other general corporate purposes. In the event of unforeseen events or changes in business conditions, subject to compliance with applicable laws and regulations in mainland China, the Company may use the net proceeds from the notes offering for purposes different from those described above. The Company will apply to the Stock Exchange for the listing of, and permission to deal in, the notes by way of debt issuance to professional investors only. The Company has received a confirmation letter from the Stock Exchange regarding the eligibility for listing of the notes. The listing of the notes on the Stock Exchange should not be taken as an indication of the value of the Company or the notes.