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                                                              BCT MPF Equity Funds Recognized in Refinitiv Lipper Fund Awards 2020

                                                              BCT won 2 Hong Kong pension funds awards in the categories of "Equity Asia Pacific ex Japan – 10 Years" and "Equity Global – 5 Years" in the Refinitiv Lipper Fund Awards 2020, for our consistently strong performance against our peers.

                                                              Fund performance is what investors concern the most. To this end, we have worked closely and relentlessly with fund managers to optimize returns and bring value added services to investors. As pension fund is a long-term investment, stability and sustainability are the areas that we will keep focusing on.

                                                              The Refinitiv Lipper Fund Awards, for over 30 years, honors funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance and focuses the investment world on top funds. Based on Lipper's quantitative and proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance. For more details of the award, please visit https://lipperfundawards.com/Awards/HongKong/2020/Fund

                                                              Remarks: The above awards are for reference only, with the sole purpose of corporate communications. Investment involves risks. Past performance is not indicative of future performance.