[Hong Kong, 24 November 2022] China Resources Beer (Holdings) Company Limited (the “Company”, or together with its subsidiaries, the “Group”; stock code under The Stock Exchange of Hong Kong Limited: 00291) is honoured to be awarded the Directors Of The Year Awards 2022 (Listed Companies Boards) by The Hong Kong Institute of Directors (“HKIoD”) in recognition of the continuous effort and outstanding performance of the Board of the Company and its Directors in driving and implementing high quality corporate governance.

Judges of the Directors Of The Year Awards 2022 commented that, China Resources Beer has an unwavering focus on board development. Transparency within the Company and the Board is high. The Company has formally incorporated green and low-carbon development into its development strategies. The relevant ESG results and material ESG issues have been reported regularly to the Board to review targets and provide effective supervision. The Board is well informed about key matters, exercises good corporate governance and absolutely deserves the Award.

The Board of China Resources Beer is deeply proud to be given the award which recognises the joint efforts of the Board and all employees in corporate governance and business development. The Company believes that a diversified Board and solid corporate governance structure are vital to promoting business growth and sustainable and balanced development. Board members of China Resources Beer come from diverse backgrounds with rich experience. Under their leadership, the Company has achieved and maintained high standards in corporate governance. Looking ahead, the Company will continue to move forward, build a better life together with its consumers, shareholders, staff and business partners and make the Group a trusted and beloved beer enterprise.

The Directors Of The Year Awards, organized by HKIoD annually, aims to publicise the significance of good corporate governance, recognize directors and board of directors for outstanding director practices and corporate governance, and promote awareness of good corporate governance and director professionalism in Hong Kong. The award enjoys wide market recognition for its professionalism and credibility. With a theme of “From Resilience to Sustainability”, the award this year celebrates the good work of Hong Kong directors put in to build business resilience during the prolonged global pandemic, while reminding them it is time to cast their vision on the long-term strategy.