HONG KONG SAR - Media OutReach - 18 October 2021 - Kerry Logistics Network Limited ('KLN'; Stock Code 0636.HK) is honoured to receive the top accolade of Grand Award at the 2021 Hong Kong Management Association ('HKMA') Quality Award (the 'Award'). This marks the second time KLN has been a HKMA Quality Award winner, having first received the HKMA Excellence Award in 2016.

As the recipient of the Grand Award, KLN was recognised for its substantial and continuous improvement in the profitability over the past five years and for having outperformed many of its global peers. KLN's senior leaders were commended for leading by example, nurturing a culture of excellence and fostering an environment where internal and external stakeholders can embrace open communication. The Award's examiners also noted that KLN has demonstrated leadership qualities and vision to redesigning and adapting strategies to ensure sustainable operations amid various challenges, and that it has put itself at the forefront of transporting emergencies supplies and household goods across many regions during the ongoing pandemic.

William Ma, Group Managing Director of KLN, said, "We are proud and grateful to receive the highly prestigious Grand Award from the HKMA. While we have always strived for excellence in our operations and services, we have markedly stepped up our efforts in the last 18 months to tackle the increasingly complex challenges in the global supply chain. Committed to caring for society, we have also been proactively providing humanitarian logistics services to facilitate the rapid response and aid in disaster and emergency relief operations. That is why we are particularly appreciative of the recognition which HKMA has given us, as it serves as a boost to our morale and as an encouragement for us to keep doing our best in meeting our customers' needs."

Established in 1991, the Award is organised annually by HKMA, a non-profit-making professional organisation aiming to advance management excellence in Hong Kong and the region. The Award recognises the outstanding performance of Hong Kong-based companies in seven areas, namely, leadership, strategy, customers, measurement, analysis, and knowledge management, workforce, operations and results. Winners undergo a stringent assessment process spanning six months, which encompasses various screening stages and a series of interviews. The results are evaluated by a group of judges and examiners comprising leaders of industry, business and academia, many of whom are senior management of multinational corporations.