Zhu Liang - 18 Mar 2026 Form 3 Insider Report for Tencent Music Entertainment Group (TME)

Role: Chief Executive Officer, Director
Signature: /s/ Zhu Liang
Issuer symbol: TME
Transactions as of: 18 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 18 Mar 2026, 17:21:52 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LIANG ZHU	Chief Executive Officer, Director	U 3, BLDG D, KEXING SCI PK KEJIZHONGSAN, AVE, HI-TECH PK NANSHAN DIST, SHENZHEN, CHINA	/s/ Zhu Liang	18 Mar 2026	0001992206

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TME	American Depositary Shares						274,199	18 Mar 2026	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	TME	Stock Option (Right to Buy)							18 Mar 2026	American Depositary Shares	131,120	$15.21	Direct	F2, F3
holding	TME	Stock Option (Right to Buy)							18 Mar 2026	American Depositary Shares	1,544,324	$3.86	Direct	F2, F4
holding	TME	Stock Option (Right to Buy)							18 Mar 2026	American Depositary Shares	294,423	$11.05	Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each American Depositary Share ("ADS") represents two (2) Class A Ordinary Shares, with a par value of US$0.000083 per share, of Tencent Music Entertainment Group (the "Issuer").
F2	Each Stock Option is exercisable for one ADS, which represents two Class A Ordinary Shares.
F3	The Stock Option was granted in May 2021 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 131,120 ADSs were met, and such options are fully vested.
F4	The Stock Option was granted in March 2022 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 1,544,324 ADSs were met, and such options are fully vested.
F5	The Stock Option was granted in January 2025 subject to satisfaction of certain performance criteria. The performance criteria with respect to options to purchase 294,423 ADSs were met, and such options are fully vested.