1、H World Group Limited Reports Third Quarter of 2025 Unaudited Financial Results17/11/2025A total of 12,702 hotels or 1,246,240 hotel rooms in operation as of September 30,2025.Hotel turnover1 increased 17.5%year-over-year to RMB30.6 billion in the third quarter of 2025.Excluding SteigenbergerHotels

2、GmbH and its subsidiaries(“DH”,or“Legacy-DH”),hotel turnover increased 18.4%year-over-year in the thirdquarter of 2025.Hotel turnover from the Legacy-DH segment increased 7.3%year-over-year in the third quarter of 2025.Revenue increased 8.1%year-over-year to RMB7.0 billion(US$978 million)2 in the th

3、ird quarter of 2025,surpassing thehigh-end of the revenue guidance previously announced of a 2%to 6%increase,compared to the third quarter of 2024.Manachised and franchised(“M&F”)revenue increased 27.2%year-over-year to RMB3.3 billion(US$465 million)in thethird quarter of 2025,exceeding the M&F reve

4、nue guidance previously announced of a 20%to 24%increase,compared tothe third quarter of 2024.Revenue from the Legacy-Huazhu3 segment in the third quarter of 2025 was RMB5.7 billion,which increased 10.8%year-over-year,surpassing the high end of the revenue guidance previously announced of a 4%to8%in

5、crease.Revenue from the Legacy-DH segment in the third quarter of 2025 was RMB1.2 billion,which decreased3.0%year-over-year,compared to the third quarter of 2024.Net income attributable to H World Group Limited was RMB1.5 billion(US$206 million)in the third quarter of 2025,compared with RMB1.3 billi

6、on in the third quarter of 2024 and RMB1.5 billion in the previous quarter.EBITDA(non-GAAP)in the third quarter of 2025 was RMB2.5 billion(US$346 million),compared with RMB2.0 billion in thethird quarter of 2024 and RMB2.5 billion in the previous quarter.Adjusted EBITDA(non-GAAP),which excluded shar