VTech Announces Collaboration with Save the Children

HONG KONG,March 29,2021 -- The COVID-19 pandemic has posed unprecedented challenges on a global scale. Children living in poverty have been particularly affected as schools are closed and they lack the facilities and equipment to learn at home. As a global leader in electronic learning products,VTech Holdings Limited (HKSE: 303) has used its worldwide resources to collaborate with Save the Children to organise various events across multiple countries to support the vulnerable children in need.

VTech is pleased to announce that during the period from December 1st,2020 to November 30th,2021,for every baby monitor and toy sold through its online shops in Canada and Hong Kong,and every baby monitor sold through its online shop in the U.S.,US$1 will be donated by VTech to Save the Children.

A worldwide toy donation programme has also been organised with over 4,400 electronic learning toys donated by VTech in the U.S.,Canada,the U.K.,Netherlands,Spain,Australia and Hong Kong. The donation of electronic infant and toddler learning toys,which included Sit-to-Stand Learning Walker™,Myla the Magical Unicorn™,and Go! Go! Smart Wheels® Ultimate Corkscrew Tower™,would help children learn with fun while they are staying and playing at home.

In addition,VTech employees have joined the "Letter Writing to Children" and "Save a Plate" events organised by Save the Children. Participating employees across the world have written letters with words of hope and encouragement to children in need of support,showing heartfelt care and love during this challenging period. Every dollar donated by VTech employees is matched by an equivalent donation on the part of the company. As for the "Save a Plate" fund-raising event,VTech hosted a global virtual table for employees around the world to join and connect. While the employees have enjoyed this fun programme organised in Christmas time,it has also helped lift struggling children out of hunger across the globe.

"With schools closed during the COVID-19 pandemic,it has severely disrupted the education and social life of children,especially for those living in under-resourced communities. Our collaboration with Save the Children will not only enable children to continue to learn through play,but also let them know that we are thinking of and caring for them," said Dr. Allan Wong,Chairman and Group CEO of VTech Holdings Limited.

"The COVID-19 pandemic is having a devastating and long-lasting impact on children's education. Our latest analysis shows that children across the world have lost an average of 74 days of education each due to school closures and a lack of access to remote learning. We must work together to ensure that all children can return to school,safely and happily," said Carol Szeto,CEO,Save the Children Hong Kong. "The collaboration with VTech,an international brand originated in Hong Kong and a global leader in electronic learning products,is a strong testament to our determination and ongoing efforts to protect and support children during these challenging times."

To support the collaboration of VTech and Save the Children,please visit the following VTech online shops:

US$1 donated by VTech on every VTech toy sold on

Canada: www.vtechkids.ca and

Hong Kong: hktoys.vtech.com/en

US$1 donated by VTech on every VTech baby monitor sold on

the U.S.: www.vtechphones.com/save_the_children,

Canada: phones.vtechcanada.com/en/save_the_children and

Hong Kong: hkphones.vtech.com/en/baby-monitor-portal

About VTech

VTech is the global leader in electronic learning products from infancy through toddler and preschool and the largest manufacturer of cordless phones in the US. It also provides highly sought-after contract manufacturing services. Since its establishment in 1976,VTech has been a pioneer in the electronic learning toy category. With advanced educational expertise and cutting-edge innovation,VTech products provide fun and learning to children around the world. Leveraging decades of success in cordless telephony,VTech's diverse collection of telecommunication products elevates both home and business users' experience through the latest in technology and design. As one of the world's leading electronic manufacturing service providers,VTech offers world-class,full turnkey services to customers in a number of product categories. The Group's mission is to design,manufacture and supply innovative and high quality products in a manner that minimises any impact on the environment,while creating sustainable value for its stakeholders and the community. For more information,please visit www.vtech.com.

About Save the Children Hong Kong

Save the Children believes every child deserves a future. Since our founding more than 100 years ago,we have changed the lives of more than 1 billion children. Established in April 2009,Save the Children Hong Kong is part of the Save the Children global movement which is made up of 30 member organisations and operates in almost 120 countries. In Hong Kong and around the world,we give children a healthy start in life,the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share. Visit our website,and follow us on Facebook,Instagram,and YouTube.