Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Stock Exchange ”)
take no responsibility for the contents of this announcement, make no representation as to its accuracy or completenessand expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this announcement.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR
RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING
PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE
NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICTOF COLUMBIA (THE “UNITED STATES ”) OR IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFULTO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.
This announcement is for information purposes only and is not an offer to purchase and does not constitute aninvitation or solicitation to sell any securities.
This announcement and the Tender Offer Memorandum (as defined herein) do not constitute an offer to participate
in the Offer (as defined herein) in any jurisdiction in which, or to any person to or from whom, it is unlawful tomake such offer or the Offer or for there to be such participation under applicable laws. The distribution of thisannouncement and the distribution of the Tender Offer Memorandum in certain jurisdictions may be restricted by law.
Persons into whose possession this announcement or the Tender Offer Memorandum comes are required to informthemselves about and to observe any such restrictions. Please refer to “Offer and Distribution Restrictions ” in theTender Offer Memorandum for further details.

HAIDILAO INTERNATIONAL HOLDING LTD.
海底撈國際控股有限公司(Incorporated in the Cayman Islands with limited liability)(the “Company”)(Stock code: 6862)

TENDER OFFER TO PURCHASE THE 2026 NOTES UP TO THE MAXIMUMACCEPTANCE AMOUNT(Notes Stock Code: 40530)

This announcement is made pursuant to the Inside Information Provisions (as defined in the ListingRules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of HongKong) and Rule 13.09 and Rule 37.47B(a) of the Listing Rules.

1BACKGROUND
In January 2021, the Company issued the 2026 Notes, which will mature on January 14, 2026
(ISIN: XS2281463237; Common Code: 228146323), unless previously redeemed or purchased andcancelled pursuant to the terms thereof.
Reference is made to the announcement of the Company dated January 14, 2021 in relation tothe issuance of the 2026 Notes by the Company and the announcement of the Company dated
September 28, 2022 in relation to the partial repurchase and cancellation of the 2026 Notes. Upto October 9, 2022, being the date immediately before the date of this announcement, the Group
had repurchased a total of US$60,708,000 in principal amount of the 2026 Notes via open market
purchases, all of which shall be cancelled. As of the date of this announcement, the aggregate
outstanding principal amount of the 2026 Notes is US$539,292,000. The 2026 Notes are listed on
the Hong Kong Stock Exchange (Notes Stock Code: 40530).
OFFER TO REPURCHASE THE 2026 NOTESThe Offer
The Offer is being made pursuant to the Tender Offer Memorandum dated October 10, 2022.
Subject to the terms and conditions in the Tender Offer Memorandum, the Company is making anoffer to purchase for cash an aggregate principal amount of the 2026 Notes up to the Maximum
Acceptance Amount (as such amount may be changed by the Company in its sole discretion) ata purchase price of US$848 per US$1,000 principal amount of the 2026 Notes, plus Accrued
Interest. The Company will determine, in its sole discretion, the aggregate principal amount of the2026 Notes (if any) that it will accept for purchase pursuant to the Offer. It is the current intentionof the Company that the Maximum Acceptance Amount will be US$240,000,000 in aggregate
principal amount of the 2026 Notes, although the Company reserves the right, in its sole discretion,to accept significantly more than or significantly less than the Maximum Acceptance Amount, orto accept none of such 2026 Notes, for purchase pursuant to the Offer. In addition, holders whose
2026 Notes are accepted for purchase pursuant to the Offer will also receive Accrued Interest
Payment on such 2026 Notes pursuant to the Offer on the Settlement Date. No tenders of the 2026
Notes will be valid if submitted after the Expiration Deadline.
Proration
If the aggregate principal amount of the 2026 Notes validly tendered is greater than the Maximum
Acceptance Amount, the Company will accept tenders of the 2026 Notes for purchase on a pro
rata basis such that the aggregate principal amount of the 2026 Notes accepted for purchase is nogreater than the Maximum Acceptance Amount. In the circumstances in which any 2026 Notes
validly tendered pursuant to the Offer are to be accepted on a pro rata basis, each such tender ofthe 2026 Notes will be scaled by a factor (the “Scaling Factor”) derived from (i) the Maximum
Acceptance Amount divided by (ii) the aggregate nominal amount of the 2026 Notes that havebeen validly tendered pursuant to the Offer (subject to adjustment resulting from the rounding oftenders of the 2026 Notes and the intentions of the Company described in the next paragraph).

2Each tender of the 2026 Notes that is scaled in this manner will be rounded down to the nearest
US$1,000 in nominal amount, being the permitted integral multiples of the 2026 Notes. In addition,in the event of any such scaling, the Company intends to apply adjustments to such pro rata scaling
to each valid tender of the 2026 Notes in such a manner as will result in both (a) the relevant
Eligible Holder transferring the 2026 Notes to the Company in an aggregate nominal amount ofat least US$200,000 (being the minimum denomination of the 2026 Notes) and (b) the relevant
Eligible Holder’s residual amount of the 2026 Notes (being the nominal amount of the 2026 Notes
the subject of the relevant Tender Instruction that are not accepted for purchase by virtue of suchscaling) amounting to either (i) at least US$200,000 or (ii) US$0, and the Company therefore
intends, at its discretion, to adjust the Scaling Factor applicable to any relevant Tender Instruction
accordingly.
PurposeThe purpose of the Offer is to retire a portion of the outstanding 2026 Notes prior to maturity
and it is being made as part of the Company’s commitment to actively manage its balance sheet
liabilities and optimize its debt structure.
Source of funds
The Company intends to finance the Offer with its internal resources.
Tender Instruction
In order to participate in the Offer, Eligible Holders must validly tender their 2026 Notes forpurchase by delivering, or arranging to have delivered on their behalf, a valid Tender Instructionthat is received by the Information and Tender Agent by the Expiration Deadline, unless the Offer
is extended, re-opened, amended and/or terminated by the Company as provided in the Tender
Offer Memorandum. Separate Tender Instructions must be submitted on behalf of each beneficial
owner due to potential proration. Tender Instructions will be irrevocable once delivered inaccordance with the terms of the Offer.
Each Tender Instruction must specify the principal amount of the 2026 Notes that the relevant
Eligible Holder is tendering at the Purchase Price. The 2026 Notes may be tendered only inminimum denominations of US$200,000 and integral multiples of US$1,000 in excess thereof.
Indicative timetable for the Offer
The Offer will commence on October 10, 2022 and will expire at 4:00 p.m. (London time)/11:00
p.m. (Hong Kong time) on October 18, 2022, unless extended, re-opened, amended and/orterminated by the Company as provided in the Tender Offer Memorandum. The Company may, atits sole discretion, extend, re-open, amend, waive any condition of and/or terminate the Offer at
any time (subject to applicable law and as provided in the Tender Offer Memorandum). Details of
any such extension, re-opening, amendment, waiver or termination will be announced as soon asreasonably practicable after the relevant decision is made.
The Company expects to announce the results of the Offer on October 19, 2022, subject to theright of the Company to extend, re-open, amend or terminate the Offer at any time.
The Settlement Date for the Offer is expected to be on or about October 21, 2022 subject to theright of the Company to extend, re-open, amend or terminate the Offer at any time.
3The 2026 Notes repurchased by the Company pursuant to the Offer will be cancelled. Holders ofthe 2026 Notes who do not participate in the Offer, or whose 2026 Notes have not been validly
submitted and accepted for purchase pursuant to the Offer will remain outstanding after theSettlement Date. Any 2026 Notes that remain outstanding after the Settlement Date will continue
to be the obligations of the Company. Holders of those outstanding 2026 Notes will continue tohave all the rights associated with those 2026 Notes.
The Company will from time to time issue announcements in respect of the progress of the Offer
as and when necessary pursuant to the Listing Rules and other relevant rules and regulations.
TENDER OFFER MEMORANDUM
This announcement must be read in conjunction with the Tender Offer Memorandum. The Tender
Offer Memorandum, available from the Offer Website, contains important information whichshould be read carefully by Eligible Holders before any decision is made with respect to the Offer.
Eligible Holders are recommended to seek their own financial and legal advice, including inrespect of any tax consequences, from their broker, bank manager, solicitor, accountant or otherindependent financial, tax or legal adviser.
The terms of the Offer are more fully described in the Tender Offer Memorandum, which setsout further details regarding the tender procedures and the conditions of the Offer. None of theCompany, the Dealer Manager or the Information and Tender Agent (or any of their respective
directors, officers, employees, agents, representatives or affiliates) makes any recommendation asto whether the Eligible Holders should tender their 2026 Notes in response to the Offer.
In connection with the Offer, the Company has appointed The Hongkong and Shanghai Banking
Corporation Limited, as the Dealer Manager, and Kroll Issuer Services Limited as the Information
and Tender Agent.
THIS ANNOUNCEMENT IS NOT AN OFFER TO PURCHASE, A SOLICITATION OF
AN OFFER TO PURCHASE, OR A SOLICITATION OF AN OFFER TO SELL, ANY
SECURITIES. AN OFFER MAY ONLY BE MADE PURSUANT TO THE TERMS OF THE
TENDER OFFER MEMORANDUM.
Eligible Holders are advised to check with any bank, securities broker or other intermediarythrough which they hold the 2026 Notes when such intermediary would need to receive
instructions from an Eligible Holder in order for that Eligible Holder to be able to participate
in the Offer by the deadline set out above. The deadline set by any such intermediary andeach Clearing System for the submission of Tender Instructions may be earlier than thedeadline described above.
Unless stated otherwise, announcements in connection with the Offer will be made through thewebsite of the Stock Exchange, the issue of a press release to a Notifying News Service and/or thedelivery of notices to the Clearing Systems for communication to Direct Participants and on theOffer Website: https://deals.is.kroll.com/haidilao . Copies of the announcements, press releases andnotices can also be obtained from the Information and Tender Agent, the contact details of which
are as follows.

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INFORMATION AND TENDER AGENT
Kroll Issuer Services Limited

In London

In Hong Kong

The Shard
32 London Bridge StreetLondon SE1 9SG
United Kingdom

3rd Floor, Three Pacific Place
1 Queen’s Road East
Admiralty
Hong Kong

Attention: Mu-yen Lo/Illia VyshenskyiTelephone: +852 2281 0114/+44 20 7704 0880
E-mail: haidilao@is.kroll.com
Offer Website: https://deals.is.kroll.com/haidilao
Eligible Holders are urged to contact the Information and Tender Agent for the relevantannouncements during the course of the Offer. In addition, Eligible Holders may contact the Dealer
Manager for information using the contact details below.
DEALER MANAGER
The Hongkong and Shanghai Banking Corporation Limited
Level 17, HSBC Main Building
1 Queen’s Road Central
Phone: +852 3941 0223
E-mail: liability.management@hsbcib.com
DEFINITIONSIn this announcement, the following expressions shall have the meanings set out below unless thecontext requires otherwise:
2026 Notes . . . . . . . . . . . . . 2.150 per cent. Notes due 2026 (ISIN: XS2281463237; Common
Code: 228146323) issued by the Company on January 14, 2021.
Accrued Interest . . . . . . . . Interest accrued and unpaid on the principal amount of the 2026
Notes from and including the last interest payment date of July
14, 2022 up to, but excluding, the Settlement Date. Subject to theterms and conditions set forth in the Tender Offer Memorandum, inaddition to the Purchase Price, Eligible Holders whose 2026 Notes
are accepted for purchase by the Company will also be paid therelevant amount of such Accrued Interest in cash.
Accrued Interest
An amount in cash (rounded to the nearest US$0.01, with half a centPayment . . . . . . . . . . . . . rounded upwards) equal to the Accrued Interest on the 2026 Notes
accepted for purchase by the Company.

5Clearing System Notice . . . The form of notice to be sent to Direct Participants by each of
the Clearing Systems on or about the date of the Tender Offer
Memorandum informing Direct Participants of the procedures to befollowed in order to participate in the Offer.
Clearing Systems . . . . . . . . Euroclear and Clearstream.
Clearstream . . . . . . . . . . . . Clearstream Banking S.A.
Company . . . . . . . . . . . . . . Haidilao International Holding Ltd. (海底撈國際控股有限公司), acompany incorporated with limited liability under the laws of theCayman Islands.
Dealer Manager . . . . . . . . . The Hongkong and Shanghai Banking Corporation Limited
Direct Participant . . . . . . . Each person who is shown in the records of Euroclear or Clearstream
as a holder of the 2026 Notes.
Eligible Holders . . . . . . . . . Holders of the 2026 Notes who are non-U.S. persons located outside
the United States (as those terms are defined in Regulation S under
the U.S. Securities Act of 1933, as amended).
Expiration Deadline . . . . . 4:00 p.m. (London Time)/11:00 p.m. (Hong Kong time) on October18, 2022 (subject to the right of the Company to extend, re-open,
amend and/or terminate the Offer).
Group. . . . . . . . . . . . . . . . . The Company and its subsidiaries
Hong Kong
The Stock Exchange of Hong Kong Limited
Stock Exchange . . . . . . .
Information andKroll Issuer Services Limited
Tender Agent . . . . . . . . .
Listing Rules . . . . . . . . . . . The Rules Governing the Listing of Securities on The Stock
Exchange of Hong Kong Limited
Maximum Acceptance
US$240,000,000 in aggregate principal amount of the 2026 Notes,Amount. . . . . . . . . . . . . . although the Company reserves the right, in its sole discretion,to accept significantly more than or significantly less than theMaximum Acceptance Amount, or to accept none of such 2026
Notes, for purchase pursuant to the Offer, as described in “TheOffer ” above.
Notifying News Service . . . A recognized financial news service or services (e.g., Reuters/Bloomberg) as selected by the Company.
Offer. . . . . . . . . . . . . . . . . . The offer to purchase for cash by the Company of the 2026 Notes
up to the Maximum Acceptance Amount (as such amount may bechanged by the Company in its sole discretion) (subject to the offer
restrictions referred to in the section titled “Offer and Distribution
Restrictions ” of the Tender Offer Memorandum), on the terms andsubject to the conditions set out in the Tender Offer Memorandum.
6Offer Website . . . . . . . . . . The website, https://deals.is.kroll.com/haidilao perated by theInformation and Tender Agent for the purpose of this Offer.
Purchase Price . . . . . . . . . . US$848 per US$1,000 principal amount of the 2026 Notes, exclusiveof the Accrued Interest.
Settlement Date . . . . . . . . . On or about October 21, 2022 (subject to the right of the Company
to extend, re-open, amend or terminate the Offer at any time).
Tender Instruction . . . . . . The electronic tender and blocking instruction in the form specified
in the Clearing System Notice for submission by Direct Participants
to the Information and Tender Agent via the relevant Clearing
System and in accordance with the requirements of such Clearing
System by the deadline in order for Eligible Holders to be able toparticipate in the Offer.
Such electronic tender and blocking instruction must specify theprincipal amount of the 2026 Notes that the relevant Eligible Holder
is tendering at the Purchase Price. The 2026 Notes may be tendered
only in minimum denominations of US$200,000 and integral
multiples of US$1,000 in excess thereof.
Tender Offer
The Company’s tender offer memorandum dated October 10, 2022
Memorandum . . . . . . . . made available to holders of the 2026 Notes in connection with theOffer.
US$. . . . . . . . . . . . . . . . . . . United States dollar, the lawful currency of the United States.
United States . . . . . . . . . . . The United States of America, its territories and possessions(including Puerto Rico, the U.S. Virgin Islands, Guam, AmericanSamoa, Wake Island and The Commonwealth of the NorthernMariana Islands), any state of the United States of America and theDistrict of Columbia.
By order of the Board
Haidilao International Holding Ltd.
Zhang Yong
ChairmanHong Kong, October 10, 2022

As of the date of this announcement, the Board of Directors of the Company comprises Mr.
Zhang Yong as the Chairman and Executive Director and Mr. Zhou Zhaocheng, Ms. Gao Jie, Ms.
Yang Lijuan, Mr. Li Peng and Ms. Song Qing as Executive Directors, and Dr. Chua Sin Bin, Mr.
Hee Theng Fong, Mr. Qi Daqing, Dr. Ma Weihua and Mr. Wu Xiaoguang as Independent Nonexecutive Directors.

7