BEST Inc. to Hold 2020 Annual General Meeting on October 21, 2020

HANGZHOU,China,Sept. 8,2020 -- BEST Inc.("BEST" or the "Company") (NYSE:BEST),a leading integrated smart supply chain solutions and logistics services provider in China,today announced that it will hold its 2020 annual general meeting of shareholders at Xiyuan 3+4 Hall,2/F,International Conference Center,Sheraton Grand Hangzhou Wetland Park Resort,1 Westbrook Resort,Zijingang Road,Hangzhou,Zhejiang Province,People's Republic of China at10:00 a.m.(Beijingtime) onOctober 21,2020.

No proposal will be submitted for shareholder approval at the annual general meeting.Instead,the annual general meeting will serve as an open forum for shareholders to discuss Company affairs with management.The chairman of the AGM will conduct and lead the AGM and may accept questions from shareholders at his sole and absolute discretion.

The board of directors of the Company has fixed the close of business onSeptember 18,2020 (Eastern Daylight Time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of and attend the annual general meeting or any adjournment or postponement thereof. Holders of record of the Company's ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person.

BESThas filed its annual report on Form 20-F (the "Annual Report"),which includes the Company's audited financial statements for the fiscal year endedDecember 31,2019,with theU.S. Securities and Exchange Commission(the "SEC").BEST'sAnnual Report can be accessed on the investor relations section of its website athttp://ir.best-inc.com or on theSEC'swebsite at http://www.sec.gov.

Holders of the Company's ordinary shares may obtain a hard copy of the Annual Report,free of charge,by writing to:

BEST Inc.

c/o 2nd Floor,Block A,Huaxing Modern Industry Park

No.18 Tangmiao Road,Xihu District,Hangzhou

Zhejiang Province 310013

People's Republic of China

Attention: IR Department

ABOUTBEST INC.

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China. Through its proprietary technology platform and extensive networks,BEST offers a comprehensive set of logistics and value-add services,including express and freight delivery,supply chain management and last-mile services,truckload service brokerage,international logistics and financial services. BEST's mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter,more efficient supply chain. For more information,please visit: http://www.best-inc.com/en/.

INVESTOR AND MEDIA CONTACTS

BEST Inc.

Investor Relations Team

E-mail: ir@best-inc.com

The Piacente Group,Inc.

Yang Song

Tel: +86-10-6508-0677

E-mail: best@tpg-ir.com

The Piacente Group,Inc.

Brandi Piacente

Tel: +1-212-481-2050

E-mail:  best@tpg-ir.com

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