Reference is made to the announcement of Alibaba Group Holding Limited (the “Company” or “we”) dated August 23, 2024. Our previously announced voluntary conversion of our secondary listing status to a primary listing status on the Hong Kong Stock Exchange became effective today. The Company is now a dual primary listed company on the Hong Kong Stock Exchange and the New York Stock Exchange.

The Company’s ordinary shares listed on the Hong Kong Stock Exchange and the Company’s American depository shares listed on the New York Stock Exchange will continue to be fungible.

This announcement is for information purposes only and does not constitute, or form part of, any invitation or offer to acquire, purchase or subscribe for any of our securities. Shareholders and potential investors should exercise caution when dealing in our securities.

By order of the Board

Alibaba Group Holding Limited

Kevin Jinwei ZHANG

Secretary

Hong Kong, August 28, 2024

As at the date of this announcement, our board of directors comprises Mr. Joseph C. TSAI as the chairman, Mr. Eddie Yongming WU, Mr. J. Michael EVANS and Ms. Maggie Wei WU as directors, and Mr. Jerry YANG, Ms. Wan Ling MARTELLO, Mr. Weijian SHAN, Ms. Irene Yun-Lien LEE, Mr. Albert Kong Ping NG and Mr. Kabir MISRA as independent directors.