Document:

Exhibit 10.2

 

CANCELLATION AGREEMENT

 

THIS CANCELLATION
AGREEMENT (this “Agreement”), is entered into effective as of September 30, 2019, by and between
Yummies, Inc., a Nevada corporation (the “Company”), and Wei-Hsein Lin (the “Equity Holder”),
the Chief Executive Officer and majority stockholder of the Company.

 

RECITALS

 

A. The
Equity Holder is the owner of record 332,005,000 shares (the “Shares”) of common stock, par value $0.0001 per
share (the “Common Stock”), of the Company, 330,315,000 of which the Equity Holder purchased on August 22, 2019
as part of the Company’s Common Stock private placement conducted under Regulation S (the “Regulation S Private
Placement”) promulgated under the Securities Act of 1933, as amended.

 

B In
the first closing of the Regulation S Private Placement, the Company sold 446,472,607 shares of Common Stock and, in a second closing
(the “Second Closing”) of the Regulation S Private Placement, the Company sold an additional 3,527,393 shares
of Common Stock for a total of 450,000,000 shares of Common Stock.

 

C. The
Company only has 450,000,000 shares of Common Stock authorized for issuance under its Amended and Restated Articles of Incorporation,
and thus, not a sufficient number of authorized shares of Common Stock to issue all of the 3,527,393 shares that are supposed to
be issued as a result of the Second Closing,

 

D. The
Equity Holder desires to cancel 3,000,000 of the Shares (the “Cancellation Shares”) that it holds in
the Company such that the 3,527,393 shares that are supposed to be issued as a result of the Second Closing can be issued.

 

E. 
Company desires to accept such Cancellation Shares for cancellation.

 

AGREEMENT

 

NOW THEREFORE,
in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the undersigned do hereby agree as follows:

 

1. The
Equity Holder hereby agrees to surrender the Cancellation Shares to the Company free and clear of all claims, charges, liens, contracts,
rights, options, security interests, mortgages, encumbrances and restrictions of every kind and nature (collectively, “Claims”)
for cancellation. After such cancellation, the Equity Holder acknowledges and agrees that all such Cancellation Shares shall no
longer be outstanding and the Equity Holder shall have no further rights with respect to (a) any of the Cancellation Shares or
(b) the equity ownership in the Company represented thereby.

 

     

     

    

 

2. The
Equity Holder hereby represents and warrants that the Equity Holder owns the Cancellation Shares beneficially and of record, free
and clear of all Claims. The Equity Holder has never transferred or agreed to transfer the Cancellation Shares, other than pursuant
to this Agreement. There is no restriction affecting the ability of the Equity Holder to transfer the legal and beneficial title
and ownership of the Cancellation Shares to the Company for cancellation. Neither the execution and delivery of this Agreement,
the consummation of the transactions contemplated hereby, nor the performance of this Agreement in compliance with its terms and
conditions by the Equity Holder will conflict with or result in any violation of any agreement, judgment, decree, order, statute
or regulation applicable to the Equity Holder, or any breach of any agreement to which the Equity Holder is a party, or constitute
a default thereunder, or result in the creation of any Claim of any kind or nature on, or with respect to the Equity Holder or
the Equity Holder’s assets, including, without limitation, his equity interests in the Company.

 

4. At
the request of the Company and without further consideration, the Equity Holder will execute and deliver such other instruments
of sale, transfer, conveyance, assignment and confirmation as may be reasonably requested in order to effectively transfer, convey
and assign to the Company for cancellation the Cancellation Shares.

 

5. This
Agreement shall be governed by and construed under the laws of the State of Nevada without regard to principles of conflicts of
law. The parties submit to the jurisdiction of any state or federal court sitting in the State of Nevada in any action or proceeding
arising out of or relating to this Agreement and agrees that all claims in respect of the action or proceeding may be heard and
determined there. The parties also agree not to bring any action or proceeding arising out of or relating to this Agreement in
any other courts. The parties waive any defense of inconvenient forum to the maintenance of any action or proceeding so brought
and waive any bond, surety or other security that might be required of any other party. The parties agree that a final judgment
in any action or proceeding so brought will be conclusive and may be enforced by suit on the judgment or in any other manner provided
by law or in equity.

 

6. This
Agreement may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an
original, and all such counterparts shall together constitute but one and the same instrument.

 

[Signature Page Follows]

 

    2

     

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Cancellation Agreement to be executed as of the date first above written.

 

	 	YUMMIES, INC.
	 	 	 
	 	By:	/s/Wei-Hsien Lin
	 	 	Name: Wei-Hsien Lin
	 	 	Title:  Chief Executive Officer
	 	 	 
	 	EQUITY HOLDER
	 	 	 
	 	By:	/s/Wei-Hsien Lin
	 	 	Name: Wei-Hsien LinEX-4.1

 Execution Version 

Exhibit 4.1 
  

 
  

SECOND SUPPLEMENTAL INDENTURE 

Dated as of 

January 14, 2020 

Between 
 JD.COM, INC.

 as Company 

and 
 THE BANK OF NEW
YORK MELLON 
 as Trustee 
  

 
 3.375% NOTES
DUE 2030 
 4.125% NOTES DUE 2050 
  

 
  

 SECOND SUPPLEMENTAL INDENTURE dated as of January 14, 2020 between JD.com, Inc., an
exempted company incorporated in the Cayman Islands (the “Company”), and The Bank of New York Mellon, as trustee (the “Trustee”). 

WITNESSETH: 
 WHEREAS, the
Company and the Trustee executed and delivered an Indenture dated as of April 29, 2016 (the “Base Indenture”) to provide for the issuance of debentures, notes, bonds or other evidences of indebtedness in an unlimited aggregate
principal amount to be issued from time to time in one or more series (such Base Indenture, as supplemented and amended by this Second Supplemental Indenture, herein referred to as the “Indenture”); 

WHEREAS, the Company has duly authorized the issuance of US$700,000,000 aggregate principal amount of 3.375% Notes due 2030 (the “2030
Notes”) and US$300,000,000 aggregate principal amount of 4.125% Notes due 2050 (the “2050 Notes”, and together with the 2030 Notes, the “Notes”); 

WHEREAS, the Company has duly authorized the execution and delivery of this Second Supplemental Indenture pursuant to Section 14.01 of
the Base Indenture to establish the terms and the form of the Notes in accordance with Sections 2.01, 3.01 and 3.03 of the Base Indenture; 

WHEREAS, all things necessary to make this Second Supplemental Indenture a valid and legally binding agreement of the Company, in accordance
with its terms, have been done. 
 NOW, THEREFORE, THIS SECOND SUPPLEMENTAL INDENTURE WITNESSETH: 

That, in consideration of the premises and the purchase of the Notes by the Holders thereof for the equal and proportionate benefit of all of
the present and future Holders of the Notes, each party agrees and covenants as follows: 
 ARTICLE I 

SCOPE AND DEFINITIONS 

Section 1.01    Scope. The changes, modifications and supplements to the Base Indenture effected by this
Second Supplemental Indenture shall be applicable only with respect to, and govern the terms of, the Notes and shall not apply to any other series of Securities that may be issued under the Base Indenture unless a supplemental indenture with respect
to such other series of Securities specifically incorporates such changes, modifications and supplements. 

Section 1.02    Definitions. 

(a)    Capitalized terms used but not otherwise defined herein shall have the meanings assigned to them in the Base
Indenture. 

 (b)    As used herein, the following additional defined terms shall have
the following meanings with respect to the Notes only and be equally applicable to both the singular and the plural forms of any of the terms herein defined: 

“2030 Notes” has the meaning provided in the recitals hereof and Section 2.01(c). 

“2050 Notes” has the meaning provided in the recitals hereof and Section 2.02(c). 

“Additional 2030 Notes” has the meaning provided in Section 2.01(c). 

“Additional 2050 Notes” has the meaning provided in Section 2.02(c). 

“Base Indenture” has the meaning provided in the recitals hereof. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker that would
be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the 2030 Notes or the 2050 Notes, as the case may be, to be
redeemed. 
 “Comparable Treasury Price” means, with respect to any Redemption Date pursuant to Section 2.03, (1) the
average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (2) if the Company obtains fewer than three such Reference Treasury Dealer
Quotations, the average of all quotations obtained. 
 “DTC” means The Depository Trust Company, New York, New York. 

“Second Supplemental Indenture” means this instrument. 

“Group” means the Company and its Controlled Entities. 

“Independent Financial Advisor” means an accounting, appraisal, investment banking firm or consultant of nationally
recognized standing. 
 “Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the
Company. 
 “Initial 2030 Notes” has the meaning provided in Section 2.01(c). 

“Initial 2050 Notes” has the meaning provided in Section 2.02(c). 

“Lien” means any mortgage, charge, pledge, lien or other form of encumbrance or security interest. 

“Make Whole Amount” means an amount determined on the fifth Business Day before the Redemption Date pursuant to
Section 2.03 that is equal to the sum of (i) the present value of the principal amount of the Notes to be redeemed, assuming a scheduled repayment thereof on the date of Stated Maturity for payment of principal on such Notes plus
(ii) the present 

  
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value of the remaining scheduled payments of interest to and including such date of Stated Maturity for payment of principal on such Notes, in each case discounted to such Redemption Date on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months and, in the case of an incomplete month, the actual number of days elapsed) at the Treasury
Yield plus 25 basis points in the case of the 2030 Notes and 30 basis points in the case of the 2050 Notes. 
 “Non-recourse Obligation” means indebtedness or other obligations substantially related to (i) the acquisition of assets (including any Person that becomes a Controlled Entity) not previously owned by
the Company or any of its Controlled Entities or (ii) the financing of a project involving the purchase, development, improvement or expansion of properties of the Company or any of its Controlled Entities, as to which the obligee with respect
to such indebtedness or obligation has no recourse to the Company or any of its Principal Controlled Entities or to the assets of the Company or any such Principal Controlled Entity other than the assets which were acquired with the proceeds of such
transaction or the project financed with the proceeds of such transaction (and the proceeds thereof). 
 “Notes” has the
meaning provided in the recitals hereof. 
 “Prospectus Supplement” means the preliminary prospectus supplement, dated
December 4, 2019, or the prospectus supplement, dated January 7, 2020, relating to the offering of the Notes. 

“Reference Treasury Dealer” means each of any three investment banks of recognized standing that is a primary U.S. government
securities dealer in the United States, selected by the Company in good faith. 
 “Reference Treasury Dealer Quotation”
means, with respect to each Reference Treasury Dealer and any Redemption Date pursuant to Section 2.03, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a
percentage of its principal amount) quoted in writing to the Company by such Reference Treasury Dealer as of 5:00 p.m., New York City time, on the fifth Business Day before such Redemption Date. 

“Relevant Indebtedness” means any indebtedness which is in the form of, or represented or evidenced by, bonds, notes,
debentures, loan stock or other securities which for the time being are, or are intended to be or are commonly, quoted, listed or dealt in or traded on any stock exchange or
over-the-counter or other securities market. 

“Treasury Yield” means, with respect to any Redemption Date pursuant to Section 2.03, the rate per annum equal to the
semi-annual equivalent yield to maturity (computed as of the fifth Business Day before such Redemption Date) of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for such Redemption Date. 
 “Triggering Event” means (A) any change in
or amendment to the laws, regulations and rules of the PRC or the official interpretation or official application thereof (“Change in Law”) that results in (1) the Group (as in existence immediately subsequent to such Change in

  
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Law), as a whole, being legally prohibited from operating substantially all of the business operations conducted by the Group (as in existence immediately prior to such Change in Law) as of the
last date of the period described in the consolidated financial statements of the Company for the most recent fiscal quarter and (2) the Company being unable to continue to derive substantially all of the economic benefits from the business
operations conducted by the Group (as in existence immediately prior to such Change in Law) in the same manner as reflected in the consolidated financial statements of the Company for the most recent fiscal quarter and (B) the Company has not
furnished to the Trustee, prior to the date that is twelve months after the date of the Change in Law, an opinion from an Independent Financial Advisor or External Legal Counsel stating either (1) the Company is able to continue to derive
substantially all of the economic benefits from the business operations conducted by the Group (as in existence immediately prior to such Change in Law), taken as a whole, as reflected in the consolidated financial statements of the Company for the
most recent fiscal quarter (including after giving effect to any corporate restructuring or reorganization plan of the Company) or (2) such Change in Law would not materially adversely affect the Company’s ability to make principal,
premium (if any) and interest payments on the Notes when due. 
 “Triggering Event Offer” has the meaning set forth in
Section 2.05(a). 
 “Triggering Event Payment” has the meaning set forth in Section 2.05(a). 

“Triggering Event Payment Date” has the meaning set forth in Section 2.05(a). 

Section 1.03    Rules of Construction. For all purposes of this Second Supplemental Indenture, except as
otherwise expressly provided or unless the context otherwise requires: 
 (a)    The words “herein,”
“hereof” and “hereunder” and other words of similar import refer to this Second Supplemental Indenture as a whole and not to any particular Article, Section or other subdivision. 

(b)    References to “Article” or “Section” or other subdivision herein are references
to an Article, Section or other subdivision of this Second Supplemental Indenture, unless the context otherwise requires. 

(c)    References to any agreement, instrument, statute or regulation defined or referred to herein or in any instrument
establishing the terms of the Notes (or executed in connection therewith) are references to such agreement, instrument, statute or regulation as from time to time amended, modified, supplemented or replaced, including (in the case of agreements or
instruments) by waiver or consent and by succession of comparable successor agreements, instruments, statutes or regulations. 
 ARTICLE
II 
 THE NOTES 

Section 2.01    Terms of the 2030 Notes. The 2030 Notes are hereby created and designated as a separate series
of Securities under the Base Indenture. The following terms relate to the 2030 Notes: 

  
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 (a)    The 2030 Notes shall constitute a separate series of Securities
under the Base Indenture having the title “3.375% Notes due 2030.” 
 (b)    The 2030 Notes shall be issued at
a price of 99.680% of the principal amount thereof, other than any offering discounts pursuant to the initial offering and resale of the 2030 Notes. 

(c)    The aggregate principal amount of the 2030 Notes (the “Initial 2030 Notes”) that may be initially
authenticated and delivered under the Indenture shall be US$700,000,000. The Company may from time to time, without the consent of the Holders of the Notes, issue additional Notes (in any such case “Additional 2030 Notes”) having
the same terms and conditions as the Initial 2030 Notes in all respects (or in all respects except for the Issue Date, the issue price or the first Interest Payment Date). Any Additional 2030 Notes and the Initial 2030 Notes shall constitute a
single series under the Indenture, provided that if such Additional 2030 Notes are not fungible with the Initial 2030 Notes for U.S. federal income tax purposes, such Additional 2030 Notes shall not have the same CUSIP, ISIN or other
identifying number as the Initial 2030 Notes. All references to the “2030 Notes” shall include the Initial 2030 Notes and any Additional 2030 Notes unless the context otherwise requires. The aggregate principal amount of each of the
Additional 2030 Notes shall be unlimited. 
 (d)    The entire outstanding principal of the 2030 Notes shall be payable
on January 14, 2030. 
 (e)    The rate at which the 2030 Notes shall bear interest shall be 3.375% per year. The
date from which interest shall accrue on the 2030 Notes shall be January 14, 2020, or the most recent Interest Payment Date to which interest has been paid or provided for. The Interest Payment Dates for the 2030 Notes shall be January 14 and
July 14 of each year, beginning July 14, 2020. Interest shall be payable on each Interest Payment Date to the Holders of record at the close of business on December 29 and June 29 prior to each Interest Payment Date. The basis
upon which interest shall be calculated shall be that of a 360-day year consisting of twelve 30-day months. 

(f)    The 2030 Notes shall be issuable in whole in the form of one or more registered Global Securities, and the
Depositary for such Global Securities shall be DTC. The 2030 Notes shall be substantially in the form attached hereto as Exhibit A, the terms of which are herein incorporated by reference. The 2030 Notes shall be denominated in U.S. Dollars and
shall be issuable in minimum denominations of US$200,000 or any integral multiples of US$1,000 in excess thereof. 

(g)    The 2030 Notes may be redeemed at the option of the Company prior to the date of Stated Maturity for payment of
principal on the Notes, as provided in Section 2.03. 
 (h)    The 2030 Notes will not have the benefit of any
sinking fund. 
 (i)    Except as provided herein, the Holders of the 2030 Notes shall have no special rights in
addition to those provided in the Base Indenture upon the occurrence of any particular events. 

  
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 (j)    The 2030 Notes will be senior unsecured obligations of the
Company and will rank at least equal in right of payment to all of the Company’s other existing and future unsecured and unsubordinated obligations (subject to any priority rights pursuant to applicable law). 

(k)    The restrictive covenants set forth in Sections 2.04 and 2.05 shall be applicable to the 2030 Notes. 

Section 2.02    Terms of the 2050 Notes. The 2050 Notes are hereby created and designated as a separate series
of Securities under the Base Indenture. The following terms relate to the 2050 Notes: 
 (a)    The 2050 Notes shall
constitute a separate series of Securities under the Base Indenture having the title “4.125% Notes due 2050.” 

(b)    The 2050 Notes shall be issued at a price of 98.980% of the principal amount thereof, other than any offering
discounts pursuant to the initial offering and resale of the 2050 Notes. 
 (c)    The aggregate principal amount of the
2050 Notes (the “Initial 2050 Notes”) that may be initially authenticated and delivered under the Indenture shall be US$300,000,000. The Company may from time to time, without the consent of the Holders of the Notes, issue
additional Notes (in any such case “Additional 2050 Notes”) having the same terms and conditions as the Initial 2050 Notes in all respects (or in all respects except for the Issue Date, the issue price or the first Interest Payment
Date). Any Additional 2050 Notes and the Initial 2050 Notes shall constitute a single series under the Indenture, provided that if such Additional 2050 Notes are not fungible with the Initial 2050 Notes for U.S. federal income tax purposes,
such Additional 2050 Notes shall not have the same CUSIP, ISIN or other identifying number as the Initial 2050 Notes. All references to the “2050 Notes” shall include the Initial 2050 Notes and any Additional 2050 Notes unless the
context otherwise requires. The aggregate principal amount of each of the Additional 2050 Notes shall be unlimited. 

(d)    The entire outstanding principal of the 2050 Notes shall be payable on January 14, 2050. 

(e)    The rate at which the 2050 Notes shall bear interest shall be 4.125% per year. The date from which interest shall
accrue on the 2050 Notes shall be January 14, 2020, or the most recent Interest Payment Date to which interest has been paid or provided for. The Interest Payment Dates for the 2050 Notes shall be January 14 and July 14 of each year,
beginning July 14, 2020. Interest shall be payable on each Interest Payment Date to the Holders of record at the close of business on December 29 and June 29 prior to each Interest Payment Date. The basis upon which interest shall be
calculated shall be that of a 360-day year consisting of twelve 30-day months. 

(f)    The 2050 Notes shall be issuable in whole in the form of one or more registered Global Securities, and the
Depositary for such Global Securities shall be DTC. The 2050 Notes shall be substantially in the form attached hereto as Exhibit B, the terms of which are herein incorporated by reference. The 2050 Notes shall be denominated in U.S. Dollars and
shall be issuable in minimum denominations of US$200,000 or any integral multiples of US$1,000 in excess thereof. 

  
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 (g)    The 2050 Notes may be redeemed at the option of the Company prior
to the date of Stated Maturity for payment of principal on the 2050 Notes, as provided in Section 2.03. 

(h)    The 2050 Notes will not have the benefit of any sinking fund. 

(i)    Except as provided herein, the Holders of the 2050 Notes shall have no special rights in addition to those provided
in the Base Indenture upon the occurrence of any particular events. 
 (j)    The 2050 Notes will be senior unsecured
obligations of the Company and will rank at least equal in right of payment to all of the Company’s other existing and future unsecured and unsubordinated obligations (subject to any priority rights pursuant to applicable law). 

(k)    The restrictive covenants set forth in Sections 2.04 and 2.05 shall be applicable to the 2050 Notes. 

Section 2.03    Optional Redemption. 

(a)    The provisions of Article IV of the Base Indenture, as amended by the provisions of this Second Supplemental
Indenture, shall apply to the Notes. 
 (b)    The Company may, at any time upon giving not less than 30 nor more than
60 days’ written notice to Holders of the 2030 Notes or the 2050 Notes, as the case may be (which notice shall be irrevocable), redeem the 2030 Notes prior to October 14, 2029 in whole or in part, and the 2050 Notes prior to July 14,
2049, in whole or in part, in each case at a redemption amount equal to the greater of (x) 100% of the principal amount of such Notes to be redeemed and (y) the Make Whole Amount, plus, in each case, accrued and unpaid interest on such Notes to
be redeemed, if any, to, but not including, the Redemption Date (subject to the right of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date); provided that the principal amount of a
Note remaining outstanding after redemption in part shall be US$200,000 or an integral multiple of US$1,000 in excess thereof. 

(c)    The Company may, at any time upon giving not less than 30 nor more than 60 days’ written notice to holders of
the relevant series of the Notes, redeem the 2030 Notes at any time on or after October 14, 2029, in whole or in part, and the 2050 Notes at any time on or after July 14, 2029, in whole or in part, in each case at a redemption price equal
to 100% of the principal amount of the applicable Notes to be redeemed plus accrued and unpaid interest, if any, to (but not including) the date of redemption; provided that the principal amount of a Note remaining outstanding after
redemption in part shall be US$200,000 or an integral multiple of US$1,000 in excess thereof. 
 (d)    If the
Redemption Date pursuant to this Section 2.03 is on or after the relevant Record Date and on or before the related Interest Payment Date, any accrued and unpaid 

  
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interest to the Redemption Date pursuant to this Section 2.03 shall be paid on such Interest Payment Date to the Person in whose name a Note is registered at the close of business on such
Record Date. 
 (e)    The Company or any of its Controlled Entities may, in accordance with all applicable laws and
regulations, at any time purchase the Notes in the open market or otherwise at any price, so long as such purchase does not otherwise violate the terms of the Indenture. The Notes so purchased, while held by or on behalf of the Company or any of its
Controlled Entities, shall not be deemed to be Outstanding for the purposes of determining whether the Holders of the requisite principal amount of Outstanding Notes have given any request, demand, authorization, direction, notice, consent or waiver
hereunder. The Notes that the Company or its Affiliates purchase may, in the discretion of the Company, be held, resold or canceled, but will only be resold in compliance with applicable requirements or exemptions under the relevant securities laws.

 (f)    Neither the Trustee nor the Agents shall be responsible or liable for verifying or calculating the Make Whole
Amount. 
 (g)    In the event that the Company exercises its right to redeem all of the Notes pursuant to
Section 4.07 of the Base Indenture, “3 Business Days” shall be substituted for “15 days” in Section 4.03(a) of the Base Indenture for purposes of determining the date by which the Trustee must be provided with the
draft notice. 
 Section 2.04    Limitation on Liens. The following additional covenant shall apply with
respect to the 2030 Notes and the 2050 Notes so long as any of the 2030 Notes or the 2050 Notes, as the case may be, remain outstanding: 

(a)    Subject to the exceptions set forth in Section 2.04(b) below, the Company will not create or have outstanding,
and the Company will ensure that none of its Principal Controlled Entities will create or have outstanding, any Lien upon the whole or any part of their respective present or future undertaking, assets or revenues (including any uncalled capital)
securing any Relevant Indebtedness, or any guarantee or indemnity in respect of any Relevant Indebtedness either of the Company or of any of its Principal Controlled Entities, without (x) at the same time or prior thereto securing or
guaranteeing, as applicable, the 2030 Notes or the 2050 Notes, as the case may be, equally and ratably therewith (or in priority thereto) or (y) providing such other security or guarantee for the 2030 Notes or the 2050 Notes, as the case may
be, as shall be approved by an act of the Holders of such series of Notes holding at least a majority of the principal amount of such series of Notes then Outstanding. 

(b)    The restriction set forth in Section 2.04(a) above will not apply to: 

(i)    any Lien arising or already arisen automatically by operation of law which is timely discharged or
disputed in good faith by appropriate proceedings; 
 (ii)    any Lien in respect of the obligations of
any Person which becomes a Principal Controlled Entity or which merges with or into the Company or a Principal Controlled Entity after the date hereof which is in existence at the date on which it becomes a Principal Controlled Entity or merges with
or into the Company or a 

  
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Principal Controlled Entity; provided that any such Lien was not incurred in anticipation of such acquisition or of such Person becoming a Principal Controlled Entity or being merged with
or into the Company or a Principal Controlled Entity; 
 (iii)    any Lien created or outstanding in
favor of the Company; 
 (iv)    any Lien in respect of Relevant Indebtedness of the Company or any
Principal Controlled Entity with respect to which the Company or such Principal Controlled Entity has paid money or deposited money or securities with a fiscal agent, trustee or depositary to pay or discharge in full the obligations of the Company
or such Principal Controlled Entity in respect thereof (other than the obligation that such money or securities so paid or deposited, and the proceeds therefrom, be sufficient to pay or discharge such obligations in full); 

(v)    any Lien created in connection with Relevant Indebtedness of the Company or any Principal Controlled
Entity denominated in Chinese Renminbi and initially offered, marketed or issued primarily to Persons resident in the PRC; 

(vi)    any Lien created in connection with a project financed with, or created to secure, Non-recourse Obligations; or 
 (vii)    any Lien arising out of the
refinancing, extension, renewal or refunding of any Relevant Indebtedness secured by any Lien permitted by the foregoing clause (ii) or (vi) of this Section 2.04(b); provided that such Relevant Indebtedness is not increased beyond
the principal amount thereof (together with the costs of such refinancing, extension, renewal or refunding) and is not secured by any additional property or assets. 

Section 2.05    Repurchase Upon Triggering Event. The following additional covenant shall apply with respect
to the 2030 Notes and the 2050 Notes so long as any of the 2030 Notes or the 2050 Notes, as the case may be, remain outstanding: 

(a)    If a Triggering Event occurs, unless the Company has exercised its right to redeem all of the Notes pursuant to
Section 2.03 hereof or Section 4.07 of the Base Indenture, the Company shall make an offer to repurchase all or, at the Holder’s option, any part (equal to US$200,000 or multiples of US$1,000 in excess thereof, provided that
the principal amount of any Note remaining after partial redemption shall be US$200,000 or multiples of US$1,000 in excess thereof) of each Holder’s Notes pursuant to the offer described below (the “Triggering Event Offer”), at
a purchase price in cash equal to 101% of the aggregate principal amount of the Notes repurchased plus accrued and unpaid interest, if any, on the Notes repurchased to, but not including, the date of purchase (the “Triggering Event
Payment”) (subject to the right of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). Within 30 days following a Triggering Event, unless the Company has exercised its right to
redeem all of the Notes pursuant to Section 2.03 hereof or Section 4.07 of the Base Indenture, the Company will mail a notice of such Triggering Event Offer to each Holder or otherwise give notice in accordance with the applicable
procedures of DTC, with a copy to the Trustee, stating: 

  
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 (i)    that a Triggering Event Offer is being made
pursuant to this Section 2.05, including a description of the transaction or transactions that constitute the Triggering Event, and that all Notes properly tendered pursuant to such Triggering Event Offer will be accepted for purchase by the
Company at a purchase price in cash equal to 101% of the aggregate principal amount of such Notes plus accrued and unpaid interest, if any, on such Notes to the date of purchase (subject to the right of Holders of record on the relevant Record Date
to receive interest due on the relevant Interest Payment Date); 
 (ii)    the purchase date (which shall
be no earlier than 30 days and no later than 60 days from the date such notice is mailed) (the “Triggering Event Payment Date”); 

(iii)    that Notes must be tendered in amounts of US$200,000 or multiples of US$1,000 in excess thereof,
and any Note not properly tendered will remain outstanding and continue to accrue interest; 

(iv)    that, unless the Company defaults on the payment of the Triggering Event Payment, any Note accepted
for payment pursuant to the Triggering Event Offer will cease to accrue interest on and after the Triggering Event Payment Date; 

(v)    that Holders electing to have any Notes purchased pursuant to a Triggering Event Offer will be
required to surrender such Notes, with the form entitled “Option of Holder to Elect Purchase” on the reverse of such Notes completed, to the Paying Agent specified in the notice at the address specified in the notice prior to the close of
business on the third Business Day preceding the Triggering Event Payment Date; 
 (vi)    that Holders
shall be entitled to withdraw their tendered Notes and their election to require the Company to purchase such Notes; provided that the Paying Agent receives at the address specified in the notice, not later than the close of business on the
30th day following the date of the Triggering Event notice, a telegram, facsimile transmission or letter setting forth the name of the Holder of the Notes, the principal amount of Notes tendered for purchase, and a statement that such Holder is
withdrawing its tendered Notes and its election to have such Notes purchased; 
 (vii)    that if a
Holder is tendering less than all of its Notes, such Holder will be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered (the unpurchased portion of the Notes must be equal to US$200,000 or an integral
multiple of US$1,000 in excess thereof); and 
 (viii)    the other instructions, as determined by the
Company consistent with this Section 2.05, that a Holder must follow. 
 The notice, if sent in a manner herein provided, shall be
conclusively presumed to have been given, whether or not the Holder receives such notice. If (A) the notice is sent in a manner herein provided and (B) any Holder fails to receive such notice or a Holder receives such notice but it is
defective, such Holder’s failure to receive such notice or such defect shall not affect the validity of the proceedings for the purchase of the Notes as to all other Holders that properly received such notice without defect. 

  
 10 

 (b)    On the Triggering Event Payment Date, the Company will, to the
extent lawful: 
 (i)    accept for payment all Notes or portions of Notes (of US$200,000 or integral
multiples of US$1,000 in excess thereof) properly tendered pursuant to the Triggering Event Offer; 

(ii)    deposit with the Paying Agent, on or prior to 11:00 a.m., New York City time, one Business Day
prior to the Triggering Event Payment Date, an amount of cash in U.S. dollars equal to the Triggering Event Payment in respect of all Notes or portions of Notes properly tendered; and 

(iii)    deliver or cause to be delivered to the Trustee the Notes properly accepted together with an
Officers’ Certificate stating the aggregate principal amount of Notes or portions of Notes being purchased by the Company in accordance with the terms of this Section 2.05. 

(c)    The Paying Agent shall promptly mail, to each Holder who properly tendered Notes, the purchase price for such Notes
properly tendered, and the Trustee shall promptly authenticate and mail (or cause to be transferred by book-entry) to each such Holder a new Note equal in principal amount to any unpurchased portion of the Notes surrendered, if any; provided
that each new Note will be in a principal amount of US$200,000 or a multiple of US$1,000 in excess thereof. 
 (d)    If
the Triggering Event Payment Date is on or after the relevant Record Date and on or before the related Interest Payment Date, any accrued and unpaid interest to the Triggering Event Payment Date shall be paid on such Interest Payment Date to the
Person in whose name a Note is registered at the close of business on such Record Date. 
 (e)    The Company will not
be required to make a Triggering Event Offer upon a Triggering Event if a third party makes such an offer in the manner, at the times and otherwise in compliance with the requirements for an offer made by the Company and such third party purchases
all Notes properly tendered and not withdrawn under its offer. In the event that such third party terminates or defaults on its offer, the Company will be required to make a Triggering Event Offer treating the date of such termination or default as
though it were the date of the Triggering Event. 
 (f)    The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act, to the extent applicable, and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes
as a result of a Triggering Event. To the extent that the provision of any such securities laws or regulations conflicts with the Triggering Event Offer provisions of the Notes, the Company will comply with those securities laws and regulations and
will not be deemed to have breached its obligations under the Triggering Event Offer provisions of the Notes by virtue of any such conflict. 

  
 11 

 (g)    The Trustee shall not be required to take any steps to ascertain
whether a Triggering Event or any event which could lead to a Triggering Event has occurred and shall not be liable to any Persons for any failure to do so. 

Section 2.06    Covenant Defeasance. Upon the Company’s exercise under Section 12.03(a) of the Base
Indenture of the option applicable to Section 12.03(c) thereof, the Company shall, subject to the satisfaction of the conditions set forth in Section 12.03(d) thereof, be released from its obligations under the covenants contained in
Section 6.04 and Section 6.06 thereof and from its obligations under the covenants contained in Section 2.04 and Section 2.05 of this Second Supplemental Indenture, on and after the date the conditions set forth in
Section 12.03(d) thereof are satisfied. 
 Section 2.07    Supplemental Indentures. 

(a)    Section 14.01(h) of the Base Indenture shall be replaced in its entirety by the following with respect to the Notes
only: 
 “to conform the text of this Indenture or any series of the Securities to any provision of the section entitled
“Description of Debt Securities” in the Prospectus or of the section entitled “Description of the Notes” in the Prospectus Supplement to the extent that such provision in the Prospectus or the Prospectus Supplement, as the case
may be, was intended to be a verbatim recitation of a provision of this Indenture or such series of the Securities as evidenced by an Officers’ Certificate;” 

(b)    Clause (xi) of Section 14.02(a) of the Base Indenture shall be replaced in its entirety by the following
with respect to the Notes only: 
 “reduce the amount of the premium payable upon the redemption or repurchase of any Security or change
the time at which any Security may be redeemed or repurchased as described in Section 4.07 of the Base Indenture or as described in Section 2.03 or 2.05 of the Second Supplemental Indenture, whether through an amendment or waiver of
provisions in the covenants, definitions or otherwise (except through amendments to the definition of “Triggering Event” if applicable).” 

ARTICLE III 

MISCELLANEOUS PROVISIONS 

Section 3.01    Confirmation of Indenture. The Base Indenture, as supplemented and amended by this Second
Supplemental Indenture, is in all respects ratified and confirmed, and the Base Indenture, this Second Supplemental Indenture and all indentures supplemental thereto with respect to the Notes shall be read, taken and construed as one and the same
instrument. 
 Section 3.02    Severability. If any provision in this Second Supplemental Indenture or in
the Notes shall be held to be invalid, illegal or unenforceable under applicable law, then the remaining provisions in this Second Supplemental Indenture or in the Notes shall be construed as though such invalid, illegal or unenforceable provision
were not contained herein. 

  
 12 

 Section 3.03    Conflicts with Base Indenture. In the event
that any provision of this Second Supplemental Indenture limits, qualifies or conflicts with a provision of the Base Indenture, such provision of the Second Supplemental Indenture shall prevail. 

Section 3.04    Benefits of Indenture. Nothing in this Second Supplemental Indenture expressed and nothing
that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or to give to, any Person other than the parties hereto and their successors and the Holders of the Notes any benefit or any right, remedy or
claim under or by reason of this Second Supplemental Indenture or the Base Indenture or any covenant, condition, stipulation, promise or agreement hereof or thereof, and all covenants, conditions, stipulations, promises and agreements contained
herein or therein shall be for the sole and exclusive benefit of the parties hereto and their successors and of the Holders of the Notes. 

Section 3.05    Counterparts. This Second Supplemental Indenture may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 

Section 3.06    Governing Law; Waiver of Trial by Jury. This Second Supplemental Indenture and the
Notes shall be deemed to be contracts made under the law of the State of New York, and for all purposes shall be governed by and construed in accordance with the law of said State. 

EACH OF THE COMPANY AND THE TRUSTEE HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY
IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS SECOND SUPPLEMENTAL INDENTURE. 

Section 3.07    No representation. The Trustee makes no representation as to the validity or sufficiency
of this Second Supplemental Indenture. The recitals herein are those of the Company and not of the Trustee. 
 [Signatures on following page]

  
 13 

 IN WITNESS WHEREOF, the parties have caused this Second Supplemental Indenture to be duly
executed as of the date first written above. 
  

			
	 JD.COM, INC.,
 as
Company

 
			
		
	By:	 	 /s/ Richard Qiangdong Liu

			
	Name:	 	Richard Qiangdong Liu
	Title:	 	Chairman of Board of Directors and Chief Executive Officer

  

			
	 THE BANK OF NEW YORK MELLON,
 as
Trustee

 
			
		
	By:	 	 /s/ Mir Sajid Hussain

			
		 	       Name: Mir Sajid Hussain

      Title: Vice President

 EXHIBIT A 

FORM OF 3.375% NOTES DUE 2030 

FACE OF NOTE 
 [For Inclusion in a Global
Security only — UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR THE INDIVIDUAL SECURITIES REPRESENTED HEREBY, THIS GLOBAL SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY
A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.] 

JD.COM, INC. 
 3.375% Note Due
2030 
 PRINCIPAL AMOUNT: US$700,000,000 
 CUSIP: 47215P AE6

 No.: 1 
 JD.com, Inc., an exempted company
incorporated in the Cayman Islands (the “Company,” which term includes any successor thereto under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to Cede & Co, or registered
assigns, the principal sum of SEVEN HUNDRED MILLION U.S. DOLLARS (US$700,000,000) (or such other principal amount as shall be set forth in the Schedule of Increases or Decreases in Note attached hereto) on January 14, 2030, or on such earlier
date as the principal hereof may become due in accordance with the provisions of this Note. 
 Interest Rate: 3.375% per annum. 

Interest Payment Dates: January 14 and July 14 of each year, commencing on July 14, 2020. 

Record Dates: December 29 and June 29. 

Reference is made to the further provisions of this Note set forth on the reverse hereof. Such further provisions shall for all purposes have
the same effect as though fully set forth at this place. 

  
 A-1 

 This Note shall not be valid or become obligatory for any purpose until the certificate of
authentication hereon shall have been manually signed by the Trustee under the Indenture referred to on the reverse hereof. 

  
 A-2 

 IN WITNESS WHEREOF, JD.com, Inc. has caused this Note to be duly executed. 

 

			
	JD.COM, INC.
		
	By:	 	      

		 	 Name:
 Title:

  
 A-3 

 CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 

Date of authentication: 
  

			
	 THE BANK OF NEW YORK MELLON,
 as
Trustee

		
	By:	 	      

	 Name:
 Title:

  
 A-4 

 REVERSE OF NOTE 

JD.COM, INC. 
 3.375% Note Due
2030 
 This Note is one of a duly authorized issue of debt securities of the Company of the series designated as the “3.375% Notes due
2030” (the “Notes”), all issued or to be issued under and pursuant to an Indenture, dated as of April 29, 2016 (the “Base Indenture”), duly executed and delivered by and between the Company and The Bank of
New York Mellon, as trustee (the “Trustee,” which term includes any successor trustee), as supplemented by the Second Supplemental Indenture, dated as of January 14, 2020 (the “Second Supplemental Indenture”),
duly executed and delivered by and between the Company and the Trustee. The Base Indenture as supplemented and amended by the Second Supplemental Indenture is referred to herein as the “Indenture”. Capitalized terms used herein and
not otherwise defined shall have the meanings given them in the Indenture. 
 1. Interest. The Company promises to pay interest on
the principal amount of this Note at a rate of 3.375% per annum. The Company will pay interest semi-annually in arrears on January 14 and July 14 of each year. If a payment date is not a Business Day as defined in the Indenture at a Place
of Payment, payment may be made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. Interest shall be computed on the basis of a 360-day
year of twelve 30-day months and, in the case of an incomplete month, the actual number of days elapsed. 

2. Method of Payment. The Company shall pay interest on the Notes (except Defaulted Interest), if any, to the Persons in whose name
such Notes are registered at the close of business on the Record Date referred to on the face of this Note immediately preceding the related Interest Payment Date, even if any Notes are canceled, repurchased or redeemed on or after such Record Date
and on or before such Interest Payment Date. Payment of interest on the Notes shall be made, in the currency of the United States of America that at the time is legal tender for payment of public and private debts, at the Corporate Trust Office or,
at the option of the Company, by check mailed to the address of the Person entitled thereto as such address shall appear in the Register or, in accordance with arrangements satisfactory to the Trustee, by wire transfer to an account designated by
the Holder. 
 3. Paying Agent and Registrar. Initially, The Bank of New York Mellon will act as Paying Agent and Registrar. The
Company may change or appoint any Paying Agent or Registrar without notice to any Noteholder. The Company may act in any such capacity. 

4. Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (“TIA”) as in effect on the date the Indenture is qualified. The Notes are subject to all such terms, and Noteholders are referred to the Indenture and TIA for a statement of such terms. The Notes are
unsecured general obligations of the Company and constitute the series designated on the face of this Note as the “3.375% Notes due 2030,” initially limited to US$700,000,000 in aggregate principal

  
 A-5 

 
amount. The Company will furnish to any Noteholder upon written request and without charge a copy of the Base Indenture and the Second Supplemental Indenture. Requests may be made to: JD.com,
Inc., 20th Floor, Building A, No.18 Kechuang 11 Street, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, 100101, People’s Republic of China, Attention: Chief Financial Officer. 

5. Redemption and Repurchase. The Notes are subject to optional redemption, and may be the subject of a Triggering Event Offer, as
further described in the Indenture. The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes. 

6. Denominations, Transfer, Exchange. The Notes are in registered form without coupons in the denominations of US$200,000 or any
integral multiple of US$1,000 in excess thereof. The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Notes may be presented for exchange or for registration of transfer (duly endorsed or with the form
of transfer endorsed thereon duly executed if so required by the Company or the Registrar) at the office of the Registrar or at the office of any transfer agent designated by the Company for such purpose. The Company need not exchange or register
the transfer of any Note or portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. 

7. Persons Deemed Owners. The registered Noteholder may be treated as its owner for all purposes. 

8. Amendments, Supplements and Waivers. The Indenture and the Notes may be amended or supplemented as provided in the Indenture. Any
consent or waiver by the Noteholders as provided in the Indenture shall be conclusive and binding upon such Holders and upon all future Noteholders and holders of any security issued upon the registration of transfer hereof or in exchange herefor or
in lieu hereof, whether or not notation of such consent or waiver is made upon the Notes. 
 9. Defaults and Remedies. The Events of
Default relating to the Notes are defined in Section 7.01 of the Base Indenture. Upon the occurrence of an Event of Default, the rights and obligations of the Company, the Trustee and the Noteholders shall be as set forth in the applicable
provisions of the Indenture. 
 10. No Recourse Against Others. No recourse under or upon any obligation, covenant or agreement
contained in the Indenture or the Notes, or because of any indebtedness evidenced thereby, shall be had against any incorporator as such, or against any past, present or future stockholder, officer, director or employee, as such, of the Company or
of any successor, either directly or through the Company or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability
being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof. 
 11.
Authentication. This Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose until authenticated by the manual signature of the Trustee. 

  
 A-6 

 12. Governing Law. The Base Indenture, the Second Supplemental Indenture and this
Note shall be deemed to be contracts made under the law of the State of New York, and for all purposes shall be governed by and construed in accordance with the law of said State. 

  
 A-7 

 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

[PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE] 

	
	
	  

	
	  

 [PLEASE PRINT OR TYPE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE] 

	
	
	  

 the within Note and all rights thereunder, hereby irrevocably constituting and appointing
                                        
Attorney to transfer such Note on the books of the Company, with full power of substitution in the premises. 
 Signature:

  

							
	Dated:	 	  
	 		  	  

		 		 		  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within Note in every particular without alteration or enlargement or any change whatsoever.

 SIGNATURE GUARANTEE 

[Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements
include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for,
STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.] 

  
 A-8 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Company pursuant to Section 2.05 of the Second Supplemental Indenture, check the
box below: 
 ☐ Section 2.05 

If you want to elect to have only part of the Note purchased by the Company pursuant to Section 2.05 of the Second Supplemental
Indenture, state the amount you elect to have purchased: 

US$                 

 

							
	Date:	 	  
	  	Your Signature:	 	  

		 		  		 	(Sign exactly as your name appears
on the face of this Note)
				
		 		  	Tax Identification No:	 	  

		 		  		 	
				
		 		  		 	Signature Guarantee:
				
		 		  		 	  

  
 A-9 

 SCHEDULE OF INCREASES OR DECREASES IN NOTE 

The initial principal amount of this Note is US$            . The following
increases or decreases in a part of this Note have been made: 
  

																	
	 Date
	  	Amount of
decrease in
principal
amount of this
Note	 	  	Amount of
increase in
principal
amount of this
Note	 	  	Principal
amount of this
Note following
such decrease
(or increase)	 	  	Signature of
authorized
signatory of
Trustee	 
		  				  				  				  			

  
 A-10 

 EXHIBIT B 

FORM OF 4.125% NOTES DUE 2050 

FACE OF NOTE 
 [For Inclusion in a Global
Security only — UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR THE INDIVIDUAL SECURITIES REPRESENTED HEREBY, THIS GLOBAL SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY
A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.] 

JD.COM, INC. 
 4.125% Note Due
2050 
 PRINCIPAL AMOUNT: US$300,000,000 
 CUSIP: 47215P AF3

 No.: 1 
 JD.com, Inc., an exempted company
incorporated in the Cayman Islands (the “Company,” which term includes any successor thereto under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to Cede & Co, or registered
assigns, the principal sum of THREE HUNDRED MILLION U.S. DOLLARS (US$300,000,000) (or such other principal amount as shall be set forth in the Schedule of Increases or Decreases in Note attached hereto) on January 14, 2050, or on such earlier
date as the principal hereof may become due in accordance with the provisions of this Note. 
 Interest Rate: 4.125% per annum. 

Interest Payment Dates: January 14 and July 14 of each year, commencing on July 14, 2020. 

Record Dates: December 29 and June 29. 

Reference is made to the further provisions of this Note set forth on the reverse hereof. Such further provisions shall for all purposes have
the same effect as though fully set forth at this place. 

  
 B-1 

 This Note shall not be valid or become obligatory for any purpose until the certificate of
authentication hereon shall have been manually signed by the Trustee under the Indenture referred to on the reverse hereof. 

  
 B-2 

 IN WITNESS WHEREOF, JD.com, Inc. has caused this Note to be duly executed. 

 

			
	JD.COM, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 B-3 

 CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 

Date of authentication: 
  

			
	 THE BANK OF NEW YORK MELLON,
 as
Trustee

		
	By:	 	  

		 	Name:
		 	Title:

  
 B-4 

 REVERSE OF NOTE 

JD.COM, INC. 
 4.125% Note Due
2050 
 This Note is one of a duly authorized issue of debt securities of the Company of the series designated as the “4.125% Notes due
2050” (the “Notes”), all issued or to be issued under and pursuant to an Indenture, dated as of April 29, 2016 (the “Base Indenture”), duly executed and delivered by and between the Company and The Bank of
New York Mellon, as trustee (the “Trustee,” which term includes any successor trustee), as supplemented by the Second Supplemental Indenture, dated as of January 14, 2020 (the “Second Supplemental Indenture”), duly
executed and delivered by and between the Company and the Trustee. The Base Indenture as supplemented and amended by the Second Supplemental Indenture is referred to herein as the “Indenture”. Capitalized terms used herein and not
otherwise defined shall have the meanings given them in the Indenture. 
 1. Interest. The Company promises to pay interest on the
principal amount of this Note at a rate of 4.125% per annum. The Company will pay interest semi-annually in arrears on January 14 and July 14 of each year. If a payment date is not a Business Day as defined in the Indenture at a Place of
Payment, payment may be made at that place on the next succeeding day that is a Business Day, and no interest shall accrue for the intervening period. Interest shall be computed on the basis of a 360-day year
of twelve 30-day months and, in the case of an incomplete month, the actual number of days elapsed. 

2. Method of Payment. The Company shall pay interest on the Notes (except Defaulted Interest), if any, to the Persons in whose name
such Notes are registered at the close of business on the Record Date referred to on the face of this Note immediately preceding the related Interest Payment Date, even if any Notes are canceled, repurchased or redeemed on or after such Record Date
and on or before such Interest Payment Date. Payment of interest on the Notes shall be made, in the currency of the United States of America that at the time is legal tender for payment of public and private debts, at the Corporate Trust Office or,
at the option of the Company, by check mailed to the address of the Person entitled thereto as such address shall appear in the Register or, in accordance with arrangements satisfactory to the Trustee, by wire transfer to an account designated by
the Holder. 
 3. Paying Agent and Registrar. Initially, The Bank of New York Mellon will act as Paying Agent and Registrar. The
Company may change or appoint any Paying Agent or Registrar without notice to any Noteholder. The Company may act in any such capacity. 

4. Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939 (“TIA”) as in effect on the date the Indenture is qualified. The Notes are subject to all such terms, and Noteholders are referred to the Indenture and TIA for a statement of such terms. The Notes are
unsecured general obligations of the Company and constitute the series designated on the face of this Note as the “4.125% Notes due 2050,” initially limited to US$300,000,000 in aggregate principal

  
 B-5 

 
amount. The Company will furnish to any Noteholder upon written request and without charge a copy of the Base Indenture and the Second Supplemental Indenture. Requests may be made to: JD.com,
Inc., 20th Floor, Building A, No.18 Kechuang 11 Street, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, 100101, People’s Republic of China, Attention: Chief Financial Officer. 

5. Redemption and Repurchase. The Notes are subject to optional redemption, and may be the subject of a Triggering Event Offer, as
further described in the Indenture. The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes. 

6. Denominations, Transfer, Exchange. The Notes are in registered form without coupons in the denominations of US$200,000 or any
integral multiple of US$1,000 in excess thereof. The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Notes may be presented for exchange or for registration of transfer (duly endorsed or with the form
of transfer endorsed thereon duly executed if so required by the Company or the Registrar) at the office of the Registrar or at the office of any transfer agent designated by the Company for such purpose. The Company need not exchange or register
the transfer of any Note or portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. 

7. Persons Deemed Owners. The registered Noteholder may be treated as its owner for all purposes. 

8. Amendments, Supplements and Waivers. The Indenture and the Notes may be amended or supplemented as provided in the Indenture. Any
consent or waiver by the Noteholders as provided in the Indenture shall be conclusive and binding upon such Holders and upon all future Noteholders and holders of any security issued upon the registration of transfer hereof or in exchange herefor or
in lieu hereof, whether or not notation of such consent or waiver is made upon the Notes. 
 9. Defaults and Remedies. The Events of
Default relating to the Notes are defined in Section 7.01 of the Base Indenture. Upon the occurrence of an Event of Default, the rights and obligations of the Company, the Trustee and the Noteholders shall be as set forth in the applicable
provisions of the Indenture. 
 10. No Recourse Against Others. No recourse under or upon any obligation, covenant or agreement
contained in the Indenture or the Notes, or because of any indebtedness evidenced thereby, shall be had against any incorporator as such, or against any past, present or future stockholder, officer, director or employee, as such, of the Company or
of any successor, either directly or through the Company or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability
being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof. 
 11.
Authentication. This Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose until authenticated by the manual signature of the Trustee. 

  
 B-6 

 12. Governing Law. The Base Indenture, the Second Supplemental Indenture and this
Note shall be deemed to be contracts made under the law of the State of New York, and for all purposes shall be governed by and construed in accordance with the law of said State. 

  
 B-7 

 ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto 

[PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE] 
  

 
  
  

 
  

[PLEASE PRINT OR TYPE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE] 
  

 
 the within Note and all rights thereunder, hereby
irrevocably constituting and appointing
                                        
Attorney to transfer such Note on the books of the Company, with full power of substitution in the premises. 
 Signature:

  

							
				
	Dated:	 	
                 
	 		  	              

		 		 		  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within Note in every particular without alteration or enlargement or any change whatsoever.

 SIGNATURE GUARANTEE 

[Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements
include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for,
STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.] 

  
 B-8 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Company pursuant to Section 2.05 of the Second Supplemental Indenture, check the
box below: 
 ☐ Section 2.05 

If you want to elect to have only part of the Note purchased by the Company pursuant to Section 2.05 of the Second Supplemental
Indenture, state the amount you elect to have purchased: 

US$                 

 

									
	Date:	 	              
	  		  	Your Signature:	  	              

		 		  		  		  	 (Sign exactly as your name appears

on the face of this Note)

					
		 		  		  	Tax Identification No:	  	              

					
		 		  		  		  	Signature Guarantee:
					
		 		  		  		  	          

  
 B-9 

 SCHEDULE OF INCREASES OR DECREASES IN NOTE 

The initial principal amount of this Note is US$            . The following
increases or decreases in a part of this Note have been made: 
  

																	
	 Date
	  	Amount of
decrease in
principal
amount of this
Note	 	  	Amount of
increase in
principal
amount of this
Note	 	  	Principal
amount of this
Note following
such decrease
(or increase)	 	  	Signature of
authorized
signatory of
Trustee	 
		  				  				  				  			

  
 B-10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}]]