LISTING PROSPECTUS / SHAREHOLDERS' CIRCULARS

ALIBABA GROUP HOLDING LIMITED

Prospectus 04 Sep 2025

(i)US$2,650,000,000 Offer To Exchange All Outstanding 4.875% Senior Notes Due 2030 For An Equal Principal Amount Of 4.875% Senior Notes Due 2030 (ii)US$2,650,000,000 Offer To Exchange All Outstanding 5.250% Senior Notes Due 2035 For An Equal Principal Amount Of 5.250% Senior Notes Due 2035 (iii)US$2,650,000,000 Offer To Exchange All Outstanding 5.625% Senior Notes Due 2054 For An Equal Principal Amount Of 5.625% Senior Notes Due 2054

Description:

(i) US$2,650,000,000 OFFER TO EXCHANGE ALL OUTSTANDING 4.875% SENIOR NOTES DUE 2030 FOR AN EQUAL PRINCIPAL AMOUNT OF 4.875% SENIOR NOTES DUE 2030 (ii) US$2,650,000,000 OFFER TO EXCHANGE ALL OUTSTANDING 5.250% SENIOR NOTES DUE 2035 FOR AN EQUAL PRINCIPAL AMOUNT OF 5.250% SENIOR NOTES DUE 2035 (iii) US$2,650,000,000 OFFER TO EXCHANGE ALL OUTSTANDING 5.625% SENIOR NOTES DUE 2054 FOR AN EQUAL PRINCIPAL AMOUNT OF 5.625% SENIOR NOTES DUE 2054