Meituan Dianping : PROPOSED SIMPLIFICATION OF COMPANY NAME

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited 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.

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(Stock code: 3690)

PROPOSED SIMPLIFICATION OF COMPANY NAME

The Board proposes to simplify the English name of the Company from "Meituan Dianping" to "Meituan" and adopt the Chinese name of "美團" as the dual foreign name of the Company in place of its existing Chinese name of "美團點評".

The EGM will be convened and held for the Shareholders to consider and, if thought fit, approve the Simplification of Company Name. The Circular containing, amongst other things, details of the Simplification of Company Name together with the EGM Notice will be dispatched to the Shareholders as soon as possible.

The board (the "Board") of directors (the "Directors") of Meituan Dianping (the "Company") proposes to simplify the English name of the Company from "Meituan Dianping" to "Meituan" and adopt the Chinese name of "美團" as the dual foreign name of the Company in place of its existing Chinese name of "美團點評" (the "Simplification of Company Name").

CONDITIONS OF THE SIMPLIFICATION OF COMPANY NAME

The proposed Simplification of Company Name is conditional upon the following conditions having been satisfied:

1. the approval by the shareholders of the Company (the "Shareholders") by way of a special resolution at an extraordinary general meeting to be convened and held by the Company (the "EGM") to simplify the company name; and
2. the Registrar of Companies in the Cayman Islands granting approval for the Simplification of Company Name.

Subject to the satisfaction of the conditions set out above, the Simplification of Company Name will take effect from the date on which the Registrar of Companies in the Cayman Islands enters the new English name and dual foreign name in Chinese of the Company on the register of companies in place of the former English name and dual foreign name in Chinese of the Company and issues a certificate of incorporation on change of name. The Company will then carry out the necessary filing procedures with the Companies Registry in Hong Kong pursuant to Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong).

1

EFFECTS OF THE SIMPLIFICATION OF COMPANY NAME

The Simplification of Company Name will not affect any of the rights of the Shareholders. Once the Simplification of the Company Name has become effective, new share certificates for new shares will be issued in the new name of the Company. All existing share certificates in issue bearing the Company's present name shall continue to be valid evidence of title to the shares of the Company and continue to be valid for trading, settlement, registration and delivery purposes. Accordingly, there will not be any arrangement for the free exchange of the existing share certificates for new share certificates bearing the new name of the Company.

Subject to the confirmation by the Stock Exchange of Hong Kong Limited (the "Stock Exchange"), the Chinese stock short name of the Company for trading in the securities on the Stock Exchange will also be changed after the Simplification of Company Name becoming effective.

REASONS FOR THE SIMPLIFICATION OF COMPANY NAME

The Board considers that the simplification of the Company name will help build a unified brand image of the Company externally, strengthen the recognition of the Company's multi-service capabilities by both its users and merchants. This would help the Company to focus on its "food+platform" strategy while foster its mission to continue exploring for new business formats, thereby creating long-term value for all participants in the ecosystem and society.

GENERAL

The EGM will be convened and held for the Shareholders to consider and, if thought fit, approve the Simplification of Company Name. A circular of the Company (the "Circular") containing, amongst other things, details of the Simplification of Company Name together with the notice of the EGM (the "EGM Notice") will be dispatched to the Shareholders as soon as possible.

By order of the Board

Meituan Dianping

Wang Xing

Chairman

Hong Kong, September 11, 2020

As at the date of this announcement, the Board comprises Mr. Wang Xing as chairman and executive Director, Mr. Mu Rongjun and Mr. Wang Huiwen as executive Directors, Mr. Lau Chi Ping Martin and Mr. Neil Nanpeng Shen as non-executive Directors, and Mr. Orr Gordon Robert Halyburton, Mr. Leng Xuesong and Dr. Shum Heung Yeung Harry as independent non-executive Directors.

2