SHANGHAI, May 22, 2025 — Atour Lifestyle Holdings Limited (NASDAQ: ATAT), a prominent hospitality and lifestyle company in China, announced today its Board of Directors’ decision to enhance shareholder value through (i) a dividend declaration under its three-year annual dividend policy, adopted in August 2024, and (ii) authorization of a three-year share repurchase program of up to US$400 million.

Dividend

As the first dividend payment in 2025, in accordance with the Annual Dividend Policy, the Board has declared a cash dividend of US$0.14 per ordinary share, or US$0.42 per American depositary share (“ADS”), with each ADS representing three Class A ordinary shares. The total cash dividend payout will be approximately US$58 million.

The cash dividend, payable in U.S. dollars, will be distributed on or around June 18, 2025, to ordinary shareholders (excluding certain Class A ordinary shares previously held by The Bank of New York Mellon for ADS issuance under the company’s share incentive plan) and ADS holders of record as of market close on June 2, 2025 (U.S. Eastern Time). Dividends paid to ADS holders through the depositary are subject to the terms of the deposit agreement between the Company, the depositary, and the ADS holders, including applicable fees and expenses.

The Annual Dividend Policy, adopted in August 2024, outlines the Company’s plan to distribute dividends totaling at least 50% of its net income from the preceding financial year for each of the three financial years starting in 2024. The exact dividend amount is determined by the Board based on its evaluation of the Company’s operational and financial performance, cash position, capital needs, and other relevant considerations.

Share Repurchase Program

The Board also authorized a three-year Share Repurchase Program, allowing the Company to repurchase up to US$400 million worth of its ordinary shares and/or ADSs.

Repurchases may occur periodically on the open market at prevailing prices, through private negotiations, block trades, or other legally permitted methods, depending on market conditions and in compliance with applicable regulations. The timing and amount of repurchases will adhere to SEC Rule 10b-18 and/or Rule 10b5-1 requirements. The Board will regularly review the program and may adjust its terms and size. The Company intends to fund the repurchases using its existing cash balance.

As of March 31, 2025, the Company held approximately RMB3.1 billion (US$434 million) in cash, cash equivalents, and restricted cash.

About Atour Lifestyle Holdings Limited

Atour Lifestyle Holdings Limited (NASDAQ: ATAT) is a leading hospitality and lifestyle company in China, known for its diverse portfolio of lifestyle hotel brands. Atour is the top upper midscale hotel chain in China and the first Chinese hotel chain to venture into scenario-based retail. Atour aims to introduce innovations to the Chinese hospitality sector and create new lifestyle brands centered around its hotel offerings.

For more information, please visit .

Investor Relations Contact

Atour Lifestyle Holdings Limited
Email:

Christensen Advisory
Email:
Tel: +86-10-5900-1548

“`