Information Sources：Fountain Set (Holdings) Limited (the “Company”) - Corporate Governance Department of the Group

Release Date：2024-10-14

The Company is proud to announce that it has received the Outstanding ESG Improvement Award at the Hong Kong ESG Reporting Awards 2024 (HERA) for its 2023 Environmental, Social and Governance Report (“Report”). This accolade recognizes the significant advancements in the Company's ESG disclosures and performance.

The Hong Kong ESG Reporting Awards (HERA) is the first ESG award to receive a special nomination from UNCTAD’s ISAR Honours. Supported by the Environmental and Ecology Bureau of the HKSAR Government, the Hong Kong Green Finance Association, and the Hong Kong General Chamber of Commerce, HERA aims to honor companies that excel in environmental, social, and governance reporting as well as sustainable corporate practices. A rigorous independent panel of experts from various sectors, including business, non-governmental organizations, and academia judges the awards.

The Company has consistently focused on the evolving landscape of global sustainable development. Over the years, it has actively promoted ESG strategies and integrated governance requirements into its daily management systems, optimizing ESG performance. The Company is committed to overseeing its production facilities in setting sustainability-related objectives, including emissions reduction, waste minimization, water conservation, and energy efficiency, while closely monitoring the progress of ESG-related goals to create long-term value for the Company and its stakeholders. The Report comprehensively discloses Fountain Set Group's management practices and advancements in these areas, accurately reflecting its performance during the reporting period.

We are deeply honored to receive this recognition, which affirms our commitment to sustainable development and highlights our significant improvements in ESG governance. Looking ahead, the Company will continue to invest in advanced technologies and additional equipment to prevent and mitigate environmental impacts in our daily operations. We will enhance our ESG management systems, drive the Company's vision, implement sustainable development goals, and actively respond to global sustainability strategies, creating value and contributing to a greener future.