HONG KONG SAR - Media OutReach - 27 June 2023 - Kerry Logistics Network Limited ('Kerry Logistics Network', 'KLN'; Stock Code 0636.HK) was named the Excellence in Third-Party Logistics at the Hong Kong Economic Times ('HKET') Excellence Awards 2023 (the 'Awards') for its diversified supply chain solutions and exceptional service.

KLN was commended for its significant achievements and contributions in the area of professional services towards the economic and social development of Hong Kong and the Greater Bay Area in 2022. During the year, KLN launched a new international e-commerce express solution from Hong Kong to Singapore, Malaysia and Thailand for SMEs, as well as a customised home delivery service for patient medication when Hong Kong was hit by the fifth wave of the COVID outbreak. It also set an example as a sustainable business, by pioneering as the first logistics company in Hong Kong to deploy electric trucks.

Ellis Cheng, Executive Director and Chief Financial Officer of Kerry Logistics Network, said, "As a global 3PL rooted in Hong Kong, we make the best efforts in contributing to the local and regional communities. We are grateful to HKET for recognising the role we play in providing the services essential to daily lives, as we work to create more value for our shareholders. With sustainability at the heart of what we do, we hope to be at the forefront of moving towards a net zero world."

Organised by HKET, a leading financial media in Hong Kong, the Awards aim to recognise companies of distinction and drive sustainable development of local enterprises. The winners are selected by a panel of judges based on four criteria, namely, philosophy and value proposition, strategy and implementation, achievements and contributions, as well as future vision and plans, in addition to a tally of votes by the general public.

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About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), e-commerce and express to industrial project logistics and infrastructure investment.

With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world's emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$86.6 billion in 2022. It is listed on the Hong Kong Stock Exchange as well as a constituent of the Hang Seng Corporate Sustainability Benchmark Index.

About the Hong Kong Economic Times Excellence Awards

Organised by Hong Kong Economic Times (HKET), the "HKET Excellence Awards 2023" recognise enterprises with outstanding performance, exceptional contributions and achievements towards the economic or social development of Hong Kong and the Greater Bay Area in the previous year. At the same time, the Awards hope to foster industrial peers' mutual motivation, so as to promote the sustainable development of local enterprises and enhancement of product and service quality in a professional and innovative manner.