The board of directors of LexinFintech Holdings Ltd. has approved a dividend of USD 0.058 per ordinary share, or USD 0.116 per ADS, for the six-month period ended June 30, 2023 in accordance with the Company?s dividend policy, which is expected to be paid on October 17, 2023 to shareholders of record (including holders of ADSs) as of the close of business on September 15, 2023 New York time.

On August 22, 2023, the Company's board of directors approved a semi-annual cash dividend policy. Under the policy, the Company will declare and distribute a recurring cash dividend semi-annually, starting from the second fiscal quarter of 2023, at an amount equivalent to approximately 15% to 30% of the Company's net profit in the previous six-month period, or as otherwise authorized by the Board. The determination to make dividend distributions and the exact amount of such distributions in any particular semi-annual period will be based upon the Company?s operations and financial conditions, and other relevant factors, and subject to adjustment and determination by the Board.