Kerry Logistics Clinches AFLAS Awards Titles for the Fifth Time, Winning Best 3PL Provider and Best Logistics Service Provider – Air Freight Honours

HONG KONG SAR�-�Media OutReach�- 10 November 2020 -�Kerry
Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) is delighted to
have once again clinched the titles of Best 3PL Provider and Best Logistics
Service Provider - Air Freight at the 2020 Asian Freight, Logistics and Supply Chain Awards ('AFLAS'). Kerry
Logistics is the proud winner of the titles for the fifth time. The awards were
presented on 9 November 2020 in Hong Kong.

annually by Asia Cargo News, a shipping and supply chain industry news platform
for the Asian Pacific region, AFLAS was set up to honour the respective winning
organisations for demonstrating leadership as well as consistency in service
quality, innovation, customer relationship management and reliability. The
winners were nominated and voted by over 15,000 Asia Cargo News readers, making
it a widely-recognised award among industry players and experts.

Parkes, Managing Director - Integrated Logistics of Kerry Logistics, said, "We
are pleased and thankful to Asia
Cargo News and its readers for their recognition of our hard work and
achievements. Our continuous winning streak shows that we have consistently
kept up the standards of our services and performance. Over the course of this
year our industry has faced a great deal of challenges and struggles alongside the
rest of the world. But with resilience and adaptability, Kerry Logistics has managed
to ride out the waves and come out on top. While the road ahead remains fraught
with unforeseen difficulties and uncertainties, we will persist in helping our
customers to navigate the changing landscape and thrive in the new conditions,
as well as making full use of our capabilities to capitalise on new demands."

Kerry Logistics has leveraged
its unique market position as one of the very few Asia-based global freight
forwarders, with broad exposure in key gateways across continents and ability
to capture new business opportunities. Its international freight forwarding
division registered a 40% growth in segment profit in the first half of 2020.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Logistics Network is an Asia-based, global 3PL with a highly diversified
business portfolio and the strongest coverage in Asia. It offers a broad range
of supply chain solutions from integrated logistics, international freight
forwarding (air, ocean, road, rail and multimodal), industrial project
logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure

With a
global presence across 58 countries, Kerry Logistics Network has established a
solid foothold in half of the world's emerging markets. Its diverse
infrastructure, extensive coverage in international gateways and local
expertise span across China, India, Southeast Asia, the CIS, Middle East, LATAM
and other locations.

Logistics Network generated a revenue of over HK$40 billion in 2019 and is the
largest international logistics company listed on the Hong Kong Stock Exchange.

About the Asian Freight, Logistics and Supply Chain Awards

Established by the�air
freight, sea freight and logistics publication Asia Cargo News in 1986, the annual
Asian Freight, Logistics and Supply Chain
Awards recognise excellence in service providers in the freight and logistics
industry. The winners were nominated and voted by readers and e-news
subscribers of
Asia Cargo News, making the results the opinion of service

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