Alibaba: Adjusts the exchange rate for zero-coupon convertible bonds maturing in 2032.

On August 14, Alibaba Group Holding Limited announced that due to Alibaba Health's distribution of the final dividend and special dividend for the fiscal year ending 2026, the exchange price for the zero-coupon convertible bonds maturing in 2032 issued in 2025 would be adjusted from HKD 6.23 per share of Alibaba Health to HKD 5.92 per share. Consequently, the exchange rate would increase from 160,500 shares of Alibaba Health per HKD 1 million principal to 168,900 shares. This adjustment is effective from August 14. After the adjustment, if all the 2025 bonds are exchanged, the number of Alibaba Health shares that Alibaba can deliver will increase from approximately 1.929 billion shares to approximately 2.031 billion shares.