Hello, I apologize if this has already been resolved, but I just ran into this problem and don't know how to resolve it.
I have two word documents, one that includes approximately 3000 relative hyperlinks and the other about 5000 total links. I convert it with Adobe PDFMaker and then copy it to the appropriate server folder so the links can find the associated files. Today I had to update the file, but the links didn't work after converting. I discovered that each link had been appended with a local sharepoint file path instead of just using the relative link. After a little online looking I found the option to turn off the "Update Links on Save" feature. I tried converting the file again, but the path was still there. Weirder yet is if I do an Alt-F9, all I see is the Relative path, but if I hover over the link I see the entire sharepoint path. The attached screenshot shows the exact same link before and after using Alt-F9. How can I stop this from happening?