Board Change • Aug 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Steve Sun was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. お知らせ • Jul 29
H World Group Limited Announces Appointment of Yanjun Sun as Independent Director, Effective July 28, 2026 H World Group Limited announced that the board of directors of the Company appointed Mr. Yanjun Sun as an independent director of the Board, effective from July 28, 2026. Mr. Sun has leadership experience in a variety of leading global investment firms, and deep knowledge in private market investing, capital markets, mergers and acquisitions, and business operations. He was the group director of Jardine Matheson Limited and the chairman of Jardine Matheson (China) Limited, a diversified multinational conglomerate based in Asia, with responsibility for overseeing and supporting the group’s business development and investment activities across the region from June 2022 to September 2025. He was a partner and co-head of China at TPG Capital, a global alternative asset management firm, where he led private equity investments and facilitated business development efforts for TPG’s global business units in Greater China from August 2011 to November 2018; he continued to serve as a senior advisor to TPG until December 2020. Prior to joining TPG, he was a managing director at Principal Investment Area (PIA), the private equity and principal investing arm of Goldman Sachs, from May 2006 to May 2011. Mr. Sun also worked at Morgan Stanley, General Electric, and Citigroup. Mr. Sun has been an independent non-executive director of China National Building Material Company Limited since October 2014, a non-executive director of 1233 International Supply Chain Management Co. Ltd. since September 2022, a non-executive director of Livi Bank, a digital bank in Hong Kong, since June 2025, and an independent director of Market Technology Acquisition Corp. since July 2026. Mr. Sun received a bachelor of economics degree in international finance from the Renmin University of China in 1992 and an MBA degree with high distinction from the University of Michigan in 1997. お知らせ • May 16
H World Group Limited Announces Resignation of Jie Zheng as Executive Director, Effective from May 15, 2026 The board of directors of the H World Group Limited announced that Ms. Jie Zheng has informed the Board to resign as an executive Director, effective from May 15, 2026, to pursue other interests. Ms. Zheng has kindly agreed to continue to support the Company as a senior advisor to the Company to ensure a smooth transition. During her tenure, Ms. Zheng actively and diligently discharged her duties as an executive Director of the Company, in particular in successfully returning the European business to profitability. The Board hereby expresses its sincere gratitude to Ms.Zheng for her highly effective work during her tenure and her contributions to the development of the Company. お知らせ • May 12
H World Group Limited, Annual General Meeting, Jun 26, 2026 H World Group Limited, Annual General Meeting, Jun 26, 2026, at 10:00 China Standard Time. Location: no. 1299 fenghua road, jiading district, shanghai China お知らせ • Aug 15
H World Group Limited Announces Change of Board Composition, Effective from August 15, 2025 H World Group Limited announced that the board of directors of the Company (the “Board”) appointed, effective from August 15, 2025, (i) Mr. Justin Martin Leverenz (“Mr. Leverenz”) as a director of the Board; (ii) Ms. Yi Zhang (alias Bonnie Yi Zhang) (“Ms. Zhang”) as an independent director of the Board and the chairwoman of the audit committee of the Company (the “Audit Committee”); and (iii) Ms. Lei Cao, an existing independent director of the Company, as a member of the compensation committee of the Company (the “Compensation Committee”). Effective from the same date, Ms. Tong Tong Zhao (“Ms. Zhao”) will step down as an independent director of the Board to serve as an observer of the Board and Mr. Jian Shang (“Mr. Shang”) will step down as an independent director of the Board, the chairman of the Audit Committee, and a member of the Compensation Committee. Mr. Leverenz was the Chief Investment Officer and a Senior Portfolio Manager of Invesco Developing Markets Fund from May 2007 to July 2025. He joined Invesco Ltd. in 2019 when it combined with OppenheimerFunds. Mr. Leverenz managed the OppenheimerFunds Developing Markets Fund, which was renamed the Invesco Developing Markets Fund, beginning in May 2007. He was a Portfolio Manager at OppenheimerFunds from 2007 to 2019, having started in 2004 as a senior research analyst supporting Global Equity Strategy. Prior to joining OppenheimerFunds, Mr. Leverenz was a director of Pan-Asian Technology Research for Goldman Sachs in Asia, where he covered technology companies in the region. He also served as the Head of Equity Research in Taiwan, China for Barclays de Zoete Wedd and as a Portfolio Manager for Martin Currie Investment Managers in Scotland. Mr. Leverenz obtained his bachelor’s degree in Chinese Studies and Political Economy from the University of California and his master’s degree in international economics from the University of California. He is a Chartered Financial Analyst (CFA) charter holder. Ms. Zhang has served as the Chief Financial Officer of SINA Corporation since March 2015. From March 2014 to March 2015, Ms. Zhang was the Chief Financial Officer of Weibo Corporation, one of SINA’s subsidiaries. Prior to joining Weibo, Ms. Zhang was the Chief Financial Officer of AdChina Ltd., a company operating an integrated internet advertising platform in China, from May 2011 to February 2014. From October 2007 to April 2011, Ms. Zhang was an audit partner of Deloitte Touche Tohmatsu based in Shanghai, with a focus on serving Chinese companies listed in the United States and Chinese companies making initial public offerings in the United States. Ms. Zhang has served as an independent director of Yatsen Holding Limited, a NYSE listed company since November 2020. Ms. Zhang has also served as an independent non-executive director of Swire Pacific Limited, a Hong Kong-based international conglomerate with a diversified portfolio of market leading businesses since June 2022. Since February 2023, Ms. Zhang has served as an independent director of Hesai Group, a NASDAQ listed technology company. Ms. Zhang graduated summa cum laude with a B.A. in Business Administration from McDaniel College in Maryland in 1997. She is a member of the American Institution of Certified Public Accountants. Mr. Qi Ji, the Company’s founder and executive chairman of the Board, warmly welcomes Mr. Leverenz and Ms. Zhang to the Board. He believes that their talents and experience will greatly benefit H World’s long-term sustainable growth. Additionally, he would like to express his sincere gratitude to Ms. Zhao and Mr. Shang for their valuable contributions and dedicated service during their tenure as directors.