Autohome : FULL EXERCISE OF THE OVER-ALLOTMENT OPTION, STABILIZING ACTIONS AND END OF STABILIZATION PERIOD

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") and Hong Kong Securities Clearing Company Limited ("HKSCC") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is made pursuant to section 9(2) of the Securities and Futures (Price Stabilizing) Rules (Chapter 571W of the Laws of Hong Kong). This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities. Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as those defined in the Hong Kong prospectus dated March 4, 2021 (the "Prospectus") issued by Autohome Inc. (the "Company").

This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended from time to time. Any public offering of our securities to be made in the United States will be made by means of a prospectus that may be obtained from us and that will contain detailed information about us and our management, as well as financial statements. We are conducting a public offering of the securities described herein in the United States pursuant to our shelf registration statement on Form F-3 filed with the United States Securities and Exchange Commission on March 2, 2021.

Autohome Inc.

汽車之家*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2518)

FULL EXERCISE OF THE OVER-ALLOTMENT OPTION,

STABILIZING ACTIONS

AND END OF STABILIZATION PERIOD

FULL EXERCISE OF THE OVER-ALLOTMENT OPTION

We refer to the Prospectus and the allotment results announcement of the Company dated March 12, 2021. On April 8, 2021 (after trading hours), the Joint Representatives (for themselves and on behalf of the International Underwriters) have fully exercised the Over-allotment Option in respect of an aggregate of 4,544,000 Shares (the "Over-allotmentShares"), representing approximately 15% of the total number of Offer Shares initially available under the Global Offering before any exercise of the Over-allotment Option.

Pursuant to the Stock Borrowing Agreement entered into between Goldman Sachs International (an affiliate of Goldman Sachs (Asia) L.L.C.) and Yun Chen Capital Cayman, Goldman Sachs International has borrowed 4,544,000 Shares from Yun Chen Capital Cayman to cover over- allocations in the International Offering. The Over-allotment Shares will be used to facilitate the return to Yun Chen Capital Cayman in full of the borrowed shares.

* For identification purposes only

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We will allot and issue the Over-allotment Shares at HK$176.3 per Share (exclusive of brokerage of 1%, SFC transaction levy of 0.0027% and Hong Kong Stock Exchange trading fee of 0.005%), being the International Offer Price.

Approval of Listing

The Listing Committee of the Hong Kong Stock Exchange has granted the approval for the listing of and permission to deal in the Over-allotment Shares. Listing of and dealings in the Over- allotment Shares on the Main Board of the Hong Kong Stock Exchange will commence at 9:00 a.m. on April 13, 2021.

Our Total Number of Issued Shares upon the Full Exercise of the Over-Allotment Option

Our total number of issued Shares immediately before and immediately after the completion of the full exercise of the Over-allotment Option (assuming the total number of issued Shares remains unchanged since the Latest Practicable Date, except for the Shares issued following the completion of the Global Offering) is 504,843,600 Shares and 509,387,600 Shares, respectively.

Use of Proceeds

The gross proceeds to the Company from the Over-allotment Option, before deduction of the underwriting fees and other offering expenses payable by us in connection with the exercise of the Over-allotment Option, are expected to be approximately HK$801.1 million. We intend to apply the additional net proceeds towards the same purposes as set out in the section headed "Use of Proceeds" in the Prospectus.

STABILIZING ACTIONS AND END OF STABILIZATION PERIOD

We further announce that the stabilization period in connection with the Global Offering ended on April 8, 2021, being the 30th day after the last day for lodging applications under the Hong Kong Public Offering.

Goldman Sachs (Asia) L.L.C., as the Stabilization Manager, or any person acting for it during the stabilization period, has undertaken the following stabilizing actions:

1. over-allocationsof an aggregate of 4,544,000 Shares in the International Offering, representing approximately 15% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Opion);
2. borrowing of an aggregate of 4,544,000 Shares from Yun Chen Capital Cayman pursuant to the Stock Borrowing Agreement to cover over-allocations in the International Offering; and
3. the full exercise of the Over-allotment Option by the Joint Representatives (for themselves and on behalf of the International Underwriters) on April 8, 2021, in respect of an aggregate of 4,544,000 Shares, representing approximately 15% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option), to facilitate the return to Yun Chen Capital Cayman in full of the borrowed shares under the Stock Borrowing Agreement which were used to cover over-allocations in the International Offering.

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No purchase or sale of any Shares on the market for the purpose of price stabilization was made by the Stabilization Manager during the stabilization period.

By order of the Board

Autohome Inc.

Quan Long

Director, Chairman and Chief Executive Officer

Hong Kong, April 8, 2021

As at the date of this announcement, the board of directors of the Company comprises Mr. Quan Long, Mr. Dong Liu, Dr. Jing Xiao and Mr. Zheng Liu as the directors, and Mr. Junling Liu, Mr. Tianruo Pu and Dr. Dazong Wang as the independent directors.

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