PRESS RELEASE AND MEDIA

Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) today announced the consolidation of its global project logistics services under the Kerry Project Logistics brand to meet the growing demand for total logistics solutions for large-scale, complex projects worldwide. With the joining of Saga Italia S.p.A. (‘Saga Italia’) in June, Kerry Logistics is well-placed to explore the immense business opportunities driven by increased government infrastructure investment and logistics project spending, particularly in the Belt and Road countries.

Under the new brand Kerry Project Logistics, a dedicated project team of more than 220 specialists operates cohesively across the globe to orchestrate complex projects from start to finish. Its focus markets extend from Greater China, North, Southeast and Central Asia, to the Middle East, Pakistan, Africa, Europe, and the Americas.

Apart from the oil and gas industry where Saga Italia is specialised in, Kerry Logistics is also targeting the construction, infrastructure and industrial, renewables, mining, and petrochemicals sectors.

Thomas Blank, Managing Director of Europe, Kerry Logistics, said, “As China’s Belt and Road initiative reaches its five-year mark, we are positive about the growth potential in the global project logistics market as infrastructure projects begin to progress beyond the planning stage.”

“Combining Saga Italia’s expertise and our proven track record, we felt the time was right to consolidate our capabilities worldwide and invest in the growth in this area. We are very excited about the opportunity to make use of Kerry Logistics’ global network to provide customers with streamlined project logistics solutions from initial evaluation to final delivery,” added Blank.

By launching the new Kerry Project Logistics brand, Kerry Logistics is committed to delivering innovative, cost-effective, and flexible multimodal solutions to better serve existing customers and meet future growth demand.