KANZHUN LIMITED Prices ~$280.3M Public Offering Of 34.5M Class A Ordinary Shares At ~$16.82 Per ADS

KANZHUN LIMITED ("BOSS Zhipin" or the "Company") (NASDAQ:BZ, HKEX: 2076))), a leading online recruitment platform in China, today announced the pricing of its share offer (the "Share Offer") of an aggregate of 34,500,000 Class A ordinary shares of the Company, including 4,500,000 Class A ordinary shares offered pursuant to the Company's full exercise of the offer size adjustment option. The Share Offer is comprised of a Hong Kong public offering (the "Hong Kong Public Offering"), and an international offering (the "International Offering").

The final offer price for both the Hong Kong Public Offering and the International Offering (the "Offer Price") has been set as HK$66.00 per share. Based on the ratio of two Class A ordinary shares per Nasdaq-listed American depositary share ("ADS") and an exchange rate of HK$7.8499 to US$1.00, the Offer Price translates to approximately US$16.82 per ADS. The final offer price has been set by the Company out of sincerity, and the Company would like to express gratitude to its investors for their participation in the share offer.

Subject to approval from the Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), the Class A ordinary shares of the Company are expected to begin dealing on the Main Board of the Hong Kong Stock Exchange on Friday, July 4, 2025. The Share Offer is expected to close on the same day, subject to customary closing conditions.