MOGU Inc. (NYSE: MOGU) (“MOGU” or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it has canceled its earnings conference call and live webcast for the second quarter fiscal year 2022 previously scheduled at 6:30 AM U.S. Eastern Time on Thursday, December 23, 2021 (7:30 PM Beijing/Hong Kong Time on the same day).

About MOGU Inc.

MOGU Inc. (NYSE: MOGU) is a leading KOL-driven online fashion and lifestyle destination in China. MOGU provides people with a more accessible and enjoyable shopping experience for everyday fashion, particularly as they increasingly live their lives online. By connecting merchants, KOLs and users together, MOGU’s platform serves as a valuable marketing channel for merchants, a powerful incubator for KOLs, and a vibrant and dynamic community for people to discover and share the latest fashion trends with others, where users can enjoy a truly comprehensive online shopping experience.

For more information on MOGU, please visit: http://ir.mogu-inc.com.

For investor and media inquiries:

MOGU Inc. Ms. Qi Feng +86-571-8530-8201 ir@mogu.com

Christensen In China Mr. Eric Yuan +86-10-5900-1548 eyuan@christensenir.com

In the United States Ms. Linda Bergkamp +1-480-614-3004 lbergkamp@christensenir.com

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