Alibaba Quarterly Financial Results

Digital Media and Entertainment YOUKU E2 阿里巴巴影业集团 Alibaba Pictures Segment Revenue Alibaba • Revenue from our Digital media and entertainment segment in the quarter ended June 30, 2022 was RMB7,231 million (US$1,080 million), a decrease of 10%, compared to RMB8,073 million in the same quarter of 2021, primarily due to the decrease in revenue from Alibaba Pictures, Youku and other entertainment businesses. Segment Adjusted EBITA • Adjusted EBITA in the quarter ended June 30, 2022 was a loss of RMB630 million (US$94 million), compared to a loss of RMB419 million in the same quarter of 2021. Youku narrowed losses year-over-year, which was offset by the increased loss of other entertainment businesses due to the impacts of COVID-19. Three months ended June 30, (in RMB Mn, except percentages) Revenue Adj. EBITA Adj. EBITA Margin 2021 2022 8,073 7,231 YoY % (10%) (419) (630) (50%) (5%) (9%) Innovation Initiatives and Others Segment Revenue DAMO TMALL GENIE ALIBABA DAMO ACADEMY • Revenue from Innovation initiatives and others was RMB479 million (US$72 million) in the quarter ended June 30, 2022, a decrease of 30% compared to RMB685 million in the same quarter of 2021. Segment Adjusted EBITA Adjusted EBITA in the quarter ended June 30, 2022 was a loss of RMB1,896 million (US$283 million), compared to a loss of RMB1,433 million in the same quarter of 2021, primarily due to our investments in technology and innovation. Three months ended June 30, (in RMB Mn, except percentages) 2021 Revenue 685 2022 479 YoY % (30%) Adj. EBITA (1,433) (1,896) (32%) Adj. EBITA Margin (209%) (396%) 13

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