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

Release Date：2024-10-17

The subsidiary of the Company, Ocean Lanka (Private) Co., Ltd. ("Ocean Lanka"), held the 2024 "Sewa Abhiman" Loyalty Awards Ceremony. This annual recognition event is one of Ocean Lanka's most significant long-service accolades, acknowledging the dedication and contributions of employees who have served at Ocean Lanka for an extended period. It conveys sincere appreciation, thanking them for their years of dedicated service, hard work, and contribution towards the Company's growth.

This year, a total of 57 employees were recognized at the awards ceremony, with 23 employees reaching a 10-year milestone, and 34 employees reaching a remarkable 20-year milestone. This milestone highlights the enduring commitment of the Ocean Lanka team and reflects the Company's commitment to creating a rewarding work environment and fostering a positive work culture.

Dr. Austing Au, Managing Director of Ocean Lanka, expressed gratitude to the employees for their dedication at the ceremony: "Our dedicated employees embody the core and soul of Ocean Lanka, and it is this spirit that will continue to drive us forward. The unwavering commitment to Ocean Lanka has played a vital role in our success. The 'Sewa Abhiman' awards testify to the integrity, teamwork, and relentless pursuit of excellence within our organization. Looking ahead, we will continue to innovate, adapt, and grow together."

While the Company continues to drive the development of the textile industry, we also place a strong emphasis on investing in the professional development of our employees, focusing on a people-centric approach and emphasizing our steadfast commitment to them. Employee welfare is of paramount importance to us, and we are dedicated to investing in the career development and well-being of our employees. As Ocean Lanka progresses and innovates, we will continue to prioritize the welfare and satisfaction of our employees, ensuring they find balance and fulfillment in their work. Furthermore, the Company will strive to provide more training and development opportunities to encourage continuous learning and growth among our employees, inspiring them to consistently deliver their best performance.