Circular 54/F, One Island East, 18 Westlands Road, Quarry Bay, Hong Kong 香港鰂魚涌華蘭路 18 號港島東中心 54 樓 +852 2231 1222 www.sfc.hk Page 1 of 17 15 November 2022 Mutual Recognition of Funds (MRF) between

Circular The Securities and Exchange Commission, Thailand 333/3, Vibhavadi-Rangsit Road, Chomphon, Chatuchak Bangkok 10900, Thailand Website: www.sec.or.th Email: hongkongmrf@sec.or.th Page 1 of 15

tool to help users better understand and visualise the impact of environmental change on the economy. https://encore.naturalcapital.finance/en/about Eurostat Circular Economy Monitoring Framework The

of both sides to ensure that used PET plastic bottles that is 100% recyclable, and therefore not “single-use”—will be collected, processed, and used again and again within a circular economy. It will

(“HK-TH MRF MoU”); (ii) the Circular on Mutual Recognition of Funds between Thailand and Hong Kong issued by the SFC on 20 January 2021, as amended from time to time (“SFC Circular”); and (iii) the

regulated by several different regulators and while each had a slightly different taxonomy, they jointly released the Green Bond Endorsed Project Catalogue in May 2020 which marked the beginning of the

sustainability objectives and signifies our position as a leading recycler in Europe supporting the circular economy. This acquisition expands the opportunity to cater to the increase in demand for Recycled PET

climate change adaptation in 2021 version: “including efforts to make infrastructure more resilient to impacts of climate change” • “Eco-efficient and/or circular economy adapted products production

the Climate Bonds Initiative. The IWG provides feedback on the draft sector Criteria developed by the TWG before they are released for public consultation. Technical Working Group (TWG): A group of key

PET recycling Facility is strategically in line with the Company’s commitment to long-term sustainability and also meeting the circular economy objectives of packaging and consumer product manufacturers