BEST Inc. announced that Mr. Jun Chen has resigned from his position as a director of the Company, effective February 17, 2022. Mr. Chen was nominated by Alibaba Group Holding Limited and Cainiao Smart Logistics Network Limited as an Alibaba Director under the Company's amended and restated memorandum and articles of incorporation. The Company also announced that Alibaba has appointed Ms. Xiao Hu as an Alibaba Director under the Company's amended and restated memorandum and articles of incorporation.

Ms. Hu is a managing director of Strategic Investments at Alibaba Group Holding Limited. She joined Alibaba in 2017 and previously served as an investment director of Strategic Investments.