HONG KONG SAR - Media OutReach Newswire - 4 December 2023 - Kerry Logistics Network Limited ('Kerry Logistics Network', 'KLN'; Stock Code 0636.HK) was awarded by Bloomberg Businessweek/Chinese Edition ('Bloomberg') for its excellence as one of the eminent "Listed Enterprises 2023" and for its outstanding performance in Environmental, Social and Governance ('ESG') with the accolade of the "ESG Leading Enterprises 2023" in the category of market capitalisation exceeding HK$20 billion. This marks the fifth time KLN has won both accolades.

Vic Cheung, Group Managing Director of Kerry Logistics Network, said, "We are grateful to the Bloomberg Businessweek/Chinese Edition for recognising our business performance as well as our commitment to ESG and sustainability. It is evident that the synergy between our business operations and ESG initiatives is growing. Sustainability stands as a cornerstone in KLN's business strategies, with a focus on implementing green logistics operations and offering sustainable logistics solutions to our customers. As we continue our journey towards sustainability, we pledge to uphold the utmost standards of corporate governance and strive for positive impact in the communities we serve."

The "Listed Enterprises 2023" award acknowledged KLN's business performance, contribution to the Hong Kong economy and efforts in drawing investor attention in the past year. The winners were vetted using Bloomberg Terminal data in eight aspects, including business/financial performance, corporate governance, investor relationship, development strategy, corporate social responsibility, sustainability, innovation and risk management, then subject to the evaluation of a judging panel comprising government officials, professionals and academics.

The "ESG Leading Enterprises" award commended KLN's dedication to incorporating sustainability into its operations, in addition to its efforts maintaining high standards in ESG governance and reporting practices. The award is organised through a collaboration between the international business publication Bloomberg Businessweek/Chinese Edition and Deloitte, which aims to highlight exceptional companies whose notable performance illustrates the seamless integration of ESG initiatives into their development strategies, underscoring the pivotal role of ESG principles in driving their overall business growth.

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The issuer is solely responsible for the content of this announcement.