New Oriental to Report Third Quarter 2023 Financial Results on April 19, 2023

BEIJING,April 3,2023 --New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK),a provider of private educational services in China,today announced that it will report its financial results for the third quarter ended February28,2023,before the U.S. market opens on April 19,2023. New Oriental's management will host an earnings conference call at 8 AM on April 19,U.S. Eastern Time (8 PM on April 19,Beijing/Hong Kong Time).Participants can join the conference using the below options:

Dialling-in to the conference call:

Please register in advance of the conference,using the link provided below. Upon registering,you will be provided with participant dial-in numbers,and unique personal PIN.

Conference call registration link: https://register.vevent.com/register/BIc19a4ce7fc9f482bb4e3179d7e2fbdee. It will automatically direct you to the registration page of "New Oriental FY2023 Q3 Earnings Conference Call" where you may fill in your details for RSVP.

In the 10 minutes prior to the call start time,you may use the conference access information (including dial in number(s) and personal PIN) provided in the confirmation email received at the point of registering.

Joining the conference call via a live webcast:

Additionally,a live and archived webcast of the conference call will be available at http://investor.neworiental.org.

Listening to the conference call replay:

A replay of the conference call may be accessed via the webcast on-demand by registering at https://edge.media-server.com/mmc/p/pvkpyhab first. The replay will be available until April 19,2024.

About New Oriental

New Oriental is a provider of private educational services in China offering a wide range of educational programs,services and products to a varied student population throughout China. New Oriental's program,service and product offerings mainly consist of educational services and test preparation courses,online education and other services,overseas study consulting services,and educational materials and distribution. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK),respectively. New Oriental's ADSs,each of which represents ten common shares. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.

For more information about New Oriental,please visit http://www.neworiental.org/english/.

Contacts

For investor and me dia inquiries,please contact:

In China:

Ms. Sisi Zhao

Ms. Rita Fong

New Oriental Education and Technology Group Inc.

FTI Consulting

Tel: +86-10-6260-5568

Tel: +852 3768 4548

Email: zhaosisi@xdf.cn

Email: rita.fong@fticonsulting.com