The board of directors of Momo Inc. has declared a special cash dividend in the amount of USD 0.64 per ADS, or USD 0.32 per ordinary share. The cash dividend will be paid on April 30, 2021 to shareholders of record at the close of business on April 13, 2021. The ex-dividend date will be April 12, 2021. The aggregate amount of cash dividends to be paid is approximately USD 132 million, which will be funded by surplus cash on the Company's balance sheet.