Bilibili Inc. Announces Completion of the Repurchase Rights Offer for its 1.25% Convertible Senior Notes Due 2027 – Bilibili (NASDAQ: BILI)

SHANGHAI, China, June 14, 2023 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) Billy, an iconic brand and a leading video community for younger generations in China, today announced that it has completed its previously announced repurchase rights offer relating to its 2027 1.25% Convertible Senior Notes (CUSIP No. 090040AD8) (the “Notes”) completed. The Repurchase Rights Offer expires on Tuesday, June 13, 2023 at 5:00 p.m. New York City time. Based on information from Deutsche Bank Trust Company America as the paying agent for the Notes, the total principal amount of the Notes was US$745,907,000. Not validly surrendered and withdrawn before the expiry of the Buyback Rights Offer. The aggregate cash purchase price of these notes is US$745,907,000. The Company has accepted all the notes surrendered for repurchase and dispatched cash in payment of the same to the Paying Agent for delivery to the applicable holders.

Materials filed with the SEC will be available electronically on the SEC’s website at no charge, http://www.sec.gov, The documents filed with the SEC may also be accessed at no charge on the Company’s website, http://ir.bilibili.com/,

About Bilibili Inc.

Bilibili is an iconic brand and leading video community in China with a mission to enrich the daily lives of the young generation. Bilibili offers a wide range of video-based content with all the videos you love as its value proposition. Bilibili builds its community around ambitious users, high quality content, talented content creators and strong emotional bonds between them. Bilibili pioneered the “Bullet Chatting” feature, a live comment function that has transformed the viewing experience for our users by showcasing the thoughts and feelings of audience members watching the same video. The company has now become a welcoming home for diverse interests among the younger generation in China and a frontier for promoting Chinese culture around the world.

For more information, please visit: http://ir.bilibili.com,

For investor and media inquiries, please contact:

in China
Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Extn. 8523
E-mail: ir@bilibili.com

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: bilibili@tpg-ir.com

in the United States
Piacente Financial Communications
Brandy Piacente
Tel: +1-212-481-2050
E-mail: bilibili@tpg-ir.com


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