Bilibili prices unregistered sale of 33,351,660 shares at HK$ 115.38 each

• Bilibili priced a Regulation S offering of US$700 million convertible senior notes due 2031, sold only to non-U.S. qualified institutional buyers.
• A concurrent unregistered offshore equity placement cleared at HK$115.38 per Class Z ordinary share, using borrowed shares and Tencent’s secondary sale.
• No new shares were issued in the placement; Tencent sold 26,374,900 shares.
• Bilibili also set concurrent repurchases at the same price: 6,795,540 shares for HK$784 million, 13,591,090 shares for US$200 million.
• Proceeds were earmarked for the repurchases, AI-driven growth initiatives, and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bilibili Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260906-12322306), on September 06, 2026, and is solely responsible for the information contained therein.