Subject:Subsidiary Foxconn Ventures Holdco disposal Alibaba Group Holding Limited shares

Date of events:2020/10/21

Contents:

1.Name of the securities:Alibaba Group Holding Limited common shares

2.Trading date:2020/10/21

3.Amount, unit price, and total monetary amount of the transaction:

630,000 shares ADS (5,040,000 common shares) at USD310.684 each per ADS;

total amount equals about USD195,730,920

4.Gain (or loss) through disposal (not applicable in case of acquisition of securities):

Calculated from acquisition cost, the realized gains for this transaction is USD130,084,920.  Among which, according to IFRS 9, USD67,977,000 was transferred into Unappropriated Retained Earnings in 2019, and USD62,107,920 is recognized as valuation gain as of trading date in 2020.

5.Relationship with the underlying company of the trade:None

6.Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g.pledges):

0 shares ADS (0 common shares) ； about USD0 ；

approximately 0% ； restriction of rights:None

7.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:0%, to shareholder's equity:0%

Operating Capital:NTD-104,738,702,000

8.Concrete purpose of the acquisition or disposal:Investment Realization

9.Any other matters that need to be specified:

Transaction fees, securities transaction tax and ADS conversion fee shall be paid separately