Alibaba Group Announces Proposed Offering of Senior Unsecured Notes

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, Alibaba, Alibaba Group or the company) today announced that it proposes to offer U.S. dollar-denominated senior unsecured notes (the Notes), including notes being issued under its sustainable finance framework (the Sustainability Notes), subject to market and other conditions, in an underwritten public offering registered with the United States Securities and Exchange Commission (the SEC).