Hotel Ease · Tsuen Wan becomes the first B Corp™ hotel in Asia

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, a
member 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 · Tsuen
Wan becomes the first B Corp™ hotel in Asia.

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

“We are delighted to once again receive the B Corp Certification, as
this 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, “We
believe that corporations are entrusted with responsibilities to positively
impact our employees, communities and the environment, as we operate
sustainably. We could not be more excited that Stan Group has achieved this
milestone, 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 managed
by Tang’s Living Group, member of Stan Group, providing 160 rooms and fine catering
services. The Hotel carries out measures dedicated to creating shared value for
the employees, communities and the environment. These include:

• Promoting local economy: Hotel Ease · Tsuen Wan implements
  stringent guidelines on the selection of suppliers. In the hope to contribute
  to local economy, the Hotel gives preference to and fosters long-term collaboration
  with local suppliers.
• Encouraging local employment: The labour-intensive hotel industry constitutes a notable part of the
  local job market. Hotel Ease · Tsuen Wan, taking the working hours and expenses of
  the frontline staff into consideration, encourages local employment by giving
  priority to applicants living in the local district and providing shuttle
  transportation for staff.
• Understanding community needs: Ever since its establishment, Hotel Ease · Tsuen Wan has
  donated meals to the needed and organized visits to the singleton elderly. The
  hotel does not only strive for economic success, but also determine to partner
  with and understand the needs of the community.
• Protecting
  the environment: For the sake of the
  well-being of customers and the environment, Hotel Ease · Tsuen Wan works with suppliers who possess
  environmental and safety accreditations, and use only non-toxic detergent. The
  hotel also encourages re-using towels and linens, in order to reduce water
  consumption. A sign is provided for customers to indicate the need of new,
  clean towels. In addition, the hotel management and employees pay trips to
  green construction projects so as to learn about carbon-reduction designs and
  practices, for future implementation of such design in the hotel.

More high resolution images can be downloaded here.

About Stan Group

Stan Group (Holdings) Limited (“Stan Group” or “the Group”) is a leading
conglomerate rooted in property with a wide array of diverse businesses.
Committed to sustainable business development and social investment, the Group
manages a HK$60 billion real estate portfolio in strategic partnership with the
Tang Shing-bor family and operates more than 40 respected brands across five
business pillars: property, hospitality, communication services, financial
services and The STILE, innovative businesses with social purposes. Dedicated
to innovation, collaboration, human focus and entrepreneurship, the Group’s
core values empower it to achieve the vision of driving the vibrancy of
society, and the mission of creating shared value (CSV) for shareholders, business
partners, customers, employees and the community at large.