Tencent Tencent Holdings Limited Incorporated in the Cayman Islands with limited liability A # HKD Counter Stock Code: 700 RMB Counter Stock Code:80700 smart communication inspires 2025 E Interim Report

CONTENTS CONTENTS 22 Corporate Information Corporate Information 33 Financial Performance Highlights Financial Performance Highlights 55 Chairman’s Statement 88 Management Discussion and Analysis 22 Report on Review of Interim Financial Information 23 Condensed Consolidated Income Statement 24 Condensed Consolidated Statement of Comprehensive Income 24 Condensed Consolidated Statement of Comprehensive Income 25 Condensed Consolidated Statement of Financial Position 25 Condensed Consolidated Statement of Financial Position 28 Condensed Consolidated Statement of Changes in Equity 28 Condensed Consolidated Statement of Changes in Equity 32 Condensed Consolidated Statement of Cash Flows 32 Condensed Consolidated Statement of Cash Flows 34 Notes to the Interim Financial Information 89 Other Information 116 Definition 116 Definition

Corporate Information As at 30 June 2025, we held approximately 104 million Class A ordinary shares, representing approximately 17.6% of the total outstanding shares in Sea Limited, a company whose shares are listed on the New York Stock Exchange (NYSE: SE) and is DIRECTORS NOMINATION COMMITTEE PRINCIPAL PLACE OF BUSINESS Executive Director Ma Huateng (Chairman) IN HONG KONG Ma Huateng (Chairman) Li Dong Sheng 29/F., Three Pacific Place Ian Charles Stone No. 1 Queen’s Road East Non-Executive Directors Yang Siu Shun Wanchai Charles St Leger Searle Hong Kong Jacobus Petrus (Koos) Bekker Ke Yang included in other reserves under equity. The Group's investment strategy is to achieve strategic benefits and financial returns Charles St Leger Searle (appointed with effect from CAYMAN ISLANDS PRINCIPAL 27 June 2025) SHARE REGISTRAR AND Independent Non-Executive Directors REMUNERATION COMMITTEE TRANSFER OFFICE Li Dong Sheng Ian Charles Stone (Chairman) Suntera (Cayman) Limited Ian Charles Stone Li Dong Sheng Suite 3204, Unit 2A Yang Siu Shun Jacobus Petrus (Koos) Bekker Block 3, Building D Ke Yang P.O. Box 1586 Zhang Xiulan AUDITOR Gardenia Court increase of 28% compared to the same period last year.

CE Li Dong Sheng Ian Charles Stone (Chairman) Suntera (Cayman) Limited Ian Charles Stone Li Dong Sheng Suite 3204, Unit 2A Yang Siu Shun Jacobus Petrus (Koos) Bekker Block 3, Building D Ke Yang P.O. Box 1586 Zhang Xiulan AUDITOR Gardenia Court increase of 28% compared to the same period last year. Details of our return from investment portfolio are as follows: AUDIT COMMITTEE PricewaterhouseCoopers Camana Bay Certified Public Accountants Grand Cayman, KY1-1100 (Chairman) Unaudited Unaudited Yang Siu Shun and Registered Public Interest Cayman Islands Ian Charles Stone Three months ended 30 June Six months ended 30 June Entity Auditor 2025 2024HONG KONG BRANCH SHARE Charles St Leger Searle 2024 PRINCIPAL BANKERS RMB'MillionREGISTRAR AND TRANSFER RMB'Million CORPORATE GOVERNANCE OFFICE Bank of China Limited 1,008 COMMITTEE 762 234 524 Net gains on disposals and deemed disposals The Hongkong and Shanghai Banking Computershare Hong Kong Investor Charles St Leger Searle (Chairman) Corporation Limited Services Limited of investee companies 94 3,161 251 8,220 Ian Charles Stone 515Shops 1712-1716, 17th Floor Net fair value gains/(losses) REGISTERED OFFICE 1,909 (3,380) Yang Siu Shun Hopewell Centre Ke Yang Cricket Square 183 Queen’s Road East Zhang Xiulan Hutchins Drive, P.O. Box 2681 Wan Chai, Hong Kong other intangible assets from acquisitions, net (3,506) 1,554 (4,369) Grand Cayman KY1-1111 INVESTMENT COMMITTEE Cayman Islands COMPANY WEBSITE

ICE 1,909 (3,380) Yang Siu Shun Hopewell Centre Ke Yang Cricket Square 183 Queen’s Road East Zhang Xiulan Hutchins Drive, P.O. Box 2681 Wan Chai, Hong Kong other intangible assets from acquisitions, net (3,506) 1,554 (4,369) Grand Cayman KY1-1111 INVESTMENT COMMITTEE Cayman Islands COMPANY WEBSITE Lau Chi Ping Martin (Chairman) 4,473 7,718www.tencent.com 9,904 Ma Huateng TENCENT GROUP HEAD OFFICE STOCK CODES Charles St Leger Searle Tencent Binhai Towers (1,305) (3,129) (2,554) No. 33 Haitian 2nd Road Nanshan District HKD counter 700 Shenzhen, 518054 RMB counter 80700 opportunities in monetising some of the existing investments if appropriate opportunities in the market arise The PRC 2 Tencent Holdings Limited

LIQUIDITY AND FINANCIAL RESOURCES Financial Performance Highlights Our cash and debt positions as at 30 June 2025 and 31 March 2025 were as follows: SECOND QUARTER OF 2025 Unaudited Unaudited Unaudited Three months ended 30 June Year- Quarter- 30 June 30 June on-year 31 March on-quarter 2025 2024 change 2025 2025 change (RMB in millions, unless specified) (RMB in millions) Cash and cash equivalents 182,057 205,253 Revenues 184,504 161,117 15% 180,022 2% Term deposits and others 286,350 270,772 Gross profit 105,013 85,895 22% 100,493 4% Notes payable (132,218) (132,566) Operating profit 60,104 50,732 18% 57,566 4% Net cash 74,592 90,229 Profit for the period 56,044 48,366 16% 49,725 13% Profit attributable to equity holders of the Company 55,628 47,630 17% 47,821 16% 2025. The sequential decrease was primarily due to payment of final dividends of RMB37.5 billion for the financial year 2024 EPS (RMB per share) during the quarter. – basic 6.115 5.112 20% 5.252 16% – diluted 5.996 4.994 20% 5.129 17% For the second quarter of 2o25, the Group generated free cash flow of RMB43.0 billion. This was a result of net cash flow Non-IFRS operating profit 69,248 58,443 18% 69,320 -0.1% generated from operating activities of RMB74.4 billion, partially offset by payments for capital expenditures of RMB22.9 billion Non-IFRS profit attributable to equity holders of the Company 63,052 57,313 10% 61,329 3%