In connection with the consummation of its strategic investment in ZTO Express (Cayman) Inc. (the ‘Company’), Alibaba ZT Investment Limited has appointed Mr. Lin Wan, the President of Cainiao Network, as a member of the Board of Directors of the company (the ‘Board’), effective June 12, 2018. Concurrently, Mr. Xiangliang Hu has tendered his resignation as a member of the Board, effective June 12, 2018.