NWS awarded Top Sustainability Advocates in Asia

HONG KONG,Nov. 30,2022 -- NWS Holdings Limited ("NWS " or the "Group"; Hong Kong stock code: 659) is pleased to announce that it has clinched the "Top Sustainability Advocates in Asia" award at The Asia Corporate Excellence & Sustainability Awards 2022 (ACES).

Sustainability is in our hearts as we put practices into daily operations. Our Zhiyi West Lake Service Area under Hangzhou Ring Road,Mainland China has incorporated sustainability concepts such as minimizing resource use and renewable energy.

The award recognizes the group's effort in driving long-term sustainability strategies along with its business units and setting up the best practices in Environment,Social and Governance ("ESG"). The Group has also demonstrated significant resilience amidst the pandemic with its sustainable business practices.

This year,NWS's sustainability highlights include:

Pioneered climate physical risk assessments for major assets as per IPCC's latest predictions

Secured HK$4.49 billion sustainable financing in support and reiterate our commitment to low carbon economy

Contributed over 227,000 hours of service by NWS Volunteer Alliance,in collaboration with over 100 partners

Launched industry-first "Flexi Care Programme" to include family-centric and work-flexibility initiatives,enabling a healthy work-life balance

Organised by the MORS Group since 2014,the annual ACES Awards is one of the prestigious accolades that recognizes inspiring leaders and sustainability advocates cross-industry and across Asia.

About NWS Holdings

NWS Holdings Limited (Hong Kong Stock Code: 659),as the diversified industries flagship of New World Development Company Limited (Hong Kong Stock Code: 17),invests and operates a wide range of businesses predominantly in Hong Kong and the Mainland. Our core business includes toll roads,commercial aircraft leasing,construction and insurance,while we also manage a strategic portfolio spanning sectors from logistics to facilities management.