On December 30, 2024, Alibaba Group issued 5.92 million new shares to non-director participants under the post-2014 Stock-based Incentive Plan, with restricted shares vesting at an issue price of $0 per share. Following the issuance, the total number of issued shares of the company increased to 19,069,550,788 shares.At the same time, from December 19 to 27, 2024, the company repurchased a total of 15.23 million shares on the New York Stock Exchange, intended for cancellation but not yet canceled. The repurchase price ranged from $10.32 to $10.79. As of December 27, 2024, the company had repurchased 0.226 billion shares under the authorization from shareholders, accounting for 1.21% of the total issued shares on the authorization date.According to relevant regulations, the company is prohibited from issuing new shares or selling or transferring treasury shares for 30 days after this repurchase (i.e., before January 26, 2025), and it may not announce any related plans.

On December 30, 2024, Alibaba Group issued 5.92 million new shares to non-director participants under the post-2014 Stock-based Incentive Plan, with restricted shares vesting at an issue price of $0 per share. Following the issuance, the total number of issued shares of the company increased to 19,069,550,788 shares.At the same time, from December 19 to 27, 2024, the company repurchased a total of 15.23 million shares on the New York Stock Exchange, intended for cancellation but not yet canceled. The repurchase price ranged from $10.32 to $10.79. As of December 27, 2024, the company had repurchased 0.226 billion shares under the authorization from shareholders, accounting for 1.21% of the total issued shares on the authorization date.According to relevant regulations, the company is prohibited from issuing new shares or selling or transferring treasury shares for 30 days after this repurchase (i.e., before January 26, 2025), and it may not announce any related plans.