Foxconn Ventures disposal Alibaba Group shares

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

Date of events:2019/12/12

Contents:

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

2.Trading date:2019/12/12

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

1,338,465 shares ADS (10,707,720 common shares) at USD203.82 each per ADS;

total amount equals about USD272,805,936

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

Calculated from acquisition cost, the realized gains for this transaction is USD133,337,883. Among which, according to IFRS 9, USD43,995,345 was transferred into Unappropriated Retained Earnings in 2018, and USD89,342,538 is recognized as valuation gain as of trading date in 2019 .

5.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):

1,260,000 shares ADS (10,080,000 common shares)；about USD256,813,200；

approximately 0.05%；restriction of rights:None

6.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operational capital as shown in the most recent financial statement:

Ratio to total assets:0.25%, to shareholder's equity:0.65%

Operating Capital:NTD-28,636,429,000

7.Concrete purpose/objective of the acquisition or disposal:

Investment Realization

8.Date of the board of directors' resolution:2019/12/12

9.Any other matters that need to be specified:

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