Li Ning Company Recognized with Multiple Awards in 2025 Extel All-Asia Executive Team Rankings

(Hong Kong, 21 May 2025) Li Ning Company Limited (the "Company" or "Li Ning Company"; together with the subsidiaries, collectively, the "Group"; stock codes: 2331 (HKD counter) and 82331 (RMB counter)) is proud to announce that it was recognized with multiple awards in the 2025 All-Asia Executive Team rankings compiled by Extel (formerly Institutional Investor Research), a trusted global leader in proprietary benchmark research and rankings. Notably, Li Ning Company was named as the "Most Honored Company", reflecting strong recognition of the Company’s excellence in corporate governance, investor relations, and sustainability practices by global capital markets.

In the Consumer Discretionary category, Li Ning Company was recognized with awards for "Best IR Team," "Best IR Program," "Best ESG Program," and "Best Company Board." For individual executive accolades, the Company received "Best CEO," "Best CFO," and "Best IR Professional. "

The Extel All-Asia Executive Team rankings are published annually and widely regarded as a benchmark of corporate excellence across the Asia-Pacific region (excluding Japan). The results are determined exclusively by votes from verified financial professionals with participation from 5,437 buy-side professionals and 863 sell-side analysts, who nominated 1,668 companies and 2,367 executives across 18 sectors, in this year’s rankings.

Li Ning Company has consistently prioritized investor relations and ESG initiatives. The Company continues to refine its IR management framework, focusing on "Communication and Discovery, Transmission and Recommendation." Through regular earnings briefings, institutional investor roadshows, and industry forums, Li Ning Company enhances transparency and efficiency in its disclosures. On the ESG front, the Company integrates responsible practices across the entire value chain-from product design, raw material sourcing, and manufacturing to marketing and waste management-ensuring compliance while striking a careful balance between growth, society, and, nature. Notably, Li Ning Company’s ESG efforts were recognized with a MSCI ESG rating upgrade to BBB in 2024 and ranked 15th in Kantar BrandZ’s Top 50 Sustainable Brands, leading the industry.

Guided by its brand spirit, "Anything is Possible," the Company will continue to deepen its core strategies, strengthen tech innovation, and drive digital transformation. The Company is committed to optimizing its governance structures, enhancing capital markets communication, and advancing sustainable development aligned with its values of "harmonious development of employees, enterprises, society and nature." Li Ning Company aims to create value for shareholders and contribute positively to society.

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Christensen China Limited