Yirendai to Hold 2018 Annual General Meeting on November 19, 2018

BEIJING,Oct.29,2018 -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"),a leading FinTech company inChina,announced today that it will hold its 2018 Annual General Meeting (the "AGM") at 10/F,Tower B,Gemdale Plaza,91 Jianguo Road,Chaoyang District,Beijing100022,the People's Republic of ChinaonNovember 19,2018at11:00 a.m.BeijingTime. Holders of common shares of the Company whose names are on the register of members of the Company at the close of business on October 31,2018are entitled to receive notice of the AGM or any adjournment or postponement thereof. Beneficial owners of the Company's American Depositary Shares ("ADSs") are welcome to attend the AGM in person.

No proposal will be submitted for shareholder approval at the AGM. Instead,the AGM will serve as an open forum for shareholders and beneficial owners of the Company's ADSs to discuss Company affairs with management.

The notice of the AGM is available on the Company's website athttp://ir.yirendai.com.Yirendaihas filed its annual report on Form 20-F,including its audited financial statements for the fiscal year endedDecember 31,2017,with theU.S. Securities and Exchange Commission(the "SEC").Yirendai's Form 20-F can be accessed on the above-mentioned Company website,as well as on theSEC'swebsite athttp://www.sec.gov.

Shareholders may request a hard copy of the Company's annual report Form 20-F,free of charge,by contactingYirendaiatir@yirendai.com,or by writing toYirendaiat 10/F,the People's Republic of China,telephone: +86 10 5395-3680.

About Yirendai

Yirendai Ltd. (NYSE: YRD) is a leading FinTech company inChinaconnecting investors and individual borrowers. The Company provides an effective solution to address largely underserved investor and individual borrower demand inChinathrough an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. Yirendai deploys a proprietary risk management system,which enables the Company to effectively assess the creditworthiness of borrowers,appropriately price the risks associated with borrowers,and offer quality loan investment opportunities to investors. Yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns. For more information,please visitir.yirendai.com.

For investor and media inquiries,please contact:

Yirendai

Hui (Matthew) Li

Director of Investor Relations

Email:ir@yirendai.com

View original content:/news-releases/yirendai-to-hold-2018-annual-general-meeting-on-november-19-2018-300738500.html