Redefining Success in Business, Creating Value for Employees, Communities and the Environment

HONG KONG, CHINA - Media OutReach - 24 June 2019 - Stan Group (Holdings) Limited("Stan Group") announced that Hotel Ease · Tsuen Wan, amember of Tang's Living Group, has become a Certified B Corporation® (B Corp™）, also the first Hotel in Asia to receive the certification.

Hotel Ease · TsuenWan becomes the first B Corp™ hotel in Asia.

B Corporation Certification is a recognition of the extraordinaryperformance of Hotel Ease · Tsuen Wan in creating shared value for theenvironment and society. This is the second B Corporation Certificationreceived by members of Stan Group, which showcases the consistent effort thegroup asserted into attaining its mission.

"We are delighted to once again receive the B Corp Certification, asthis honours our mission of creating shared value for our business ecosystem,"said Stan Tang, Chairman of Stan Group and CEO of Tang's Living Group, "Webelieve that corporations are entrusted with responsibilities to positivelyimpact our employees, communities and the environment, as we operatesustainably. We could not be more excited that Stan Group has achieved thismilestone, which further cements our core value of innovation, human focus,collaboration and entrepreneurship."

Hotel Ease · Tsuen Wan, was among the outlets that first came into operation managedby Tang's Living Group, member of Stan Group, providing 160 rooms and fine cateringservices. The Hotel carries out measures dedicated to creating shared value forthe employees, communities and the environment. These include:

• Promoting local economy: Hotel Ease · Tsuen Wan implementsstringent guidelines on the selection of suppliers. In the hope to contributeto local economy, the Hotel gives preference to and fosters long-term collaborationwith local suppliers.
• Encouraging local employment: The labour-intensive hotel industry constitutes a notable part of thelocal job market. Hotel Ease · Tsuen Wan, taking the working hours and expenses ofthe frontline staff into consideration, encourages local employment by givingpriority to applicants living in the local district and providing shuttletransportation for staff.
• Understanding community needs: Ever since its establishment, Hotel Ease · Tsuen Wan hasdonated meals to the needed and organized visits to the singleton elderly. Thehotel does not only strive for economic success, but also determine to partnerwith and understand the needs of the community.
• Protectingthe environment: For the sake of thewell-being of customers and the environment, Hotel Ease · Tsuen Wan works with suppliers who possessenvironmental and safety accreditations, and use only non-toxic detergent. Thehotel also encourages re-using towels and linens, in order to reduce waterconsumption. A sign is provided for customers to indicate the need of new,clean towels. In addition, the hotel management and employees pay trips togreen construction projects so as to learn about carbon-reduction designs andpractices, for future implementation of such design in the hotel.

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About Stan Group

Stan Group (Holdings) Limited ("Stan Group" or "the Group") is a leadingconglomerate rooted in property with a wide array of diverse businesses.Committed to sustainable business development and social investment, the Groupmanages a HK$60 billion real estate portfolio in strategic partnership with theTang Shing-bor family and operates more than 40 respected brands across fivebusiness pillars: property, hospitality, communication services, financialservices and The STILE, innovative businesses with social purposes. Dedicatedto innovation, collaboration, human focus and entrepreneurship, the Group'score values empower it to achieve the vision of driving the vibrancy ofsociety, and the mission of creating shared value (CSV) for shareholders, businesspartners, customers, employees and the community at large.