BOROUGE WINS FIVE AWARDS AND CROWNED GRAND WINNER AT 10TH HR EXCELLENCE AWARDS IN SINGAPORE

Team Borouge at the HR Excellence Awards 2022 gala ceremony

Singapore – 10 October 2022: Borouge PTE, a subsidiary of Borouge PLC (“Borouge” or “the Company”) (ADX symbol: BOROUGE / ISIN: AEE01072B225), a leading petrochemical company that provides innovative and differentiated polyolefin solutions, emerged as the grand winner for overall  excellence in Human Resource (HR) at the HR Excellence Awards ceremony in Singapore on 5 October 2022.

Organised by Human Resources Online, Asia’s leading platform for bringing HR developments to the wider industry, the 10th edition of the gala awards ceremony at Shangri-La Singapore saw Borouge bagging home three gold, one silver and one bronze award, as well as the grand prize for overall HR excellence.

Borouge’s HR Excellence Awards 2022 wins are:

1. Overall HR Excellence Award winner 2022

2. Best HR Team (Gold)

3. Excellence in Leadership Development (Gold)

4. Excellence in Talent Management (Gold)

5. Excellence in Talent Acquisition (Silver)

6. Excellence in Response to Covid-19 (Bronze)

The HR Excellence Awards recognises distinguished organisations across Asia, the Middle East and Oceania for their robust human capital strategy. At the same time, it aims to credit best-in-class HR teams and individuals for their work delivered across the entire HR function. The awards were peerreviewed

by a jury of esteemed HR leaders from across the HR fraternity hailing from Fortune 500 companies, local conglomerates and other established Multinational Corporations.

Since the awards show’s first inception in 2012, it has evolved from an incubator platform for HR practitioners, to showcasing benchmarking practices across industries. This year’s awards dived deeper into the quality of work put forth to the jury and narrowed down Asia’s most commendable teams.

Rainer Hoefling, Chief Executive Officer of Borouge Pte. Ltd. said, “We are honoured by this exceptional achievement. It is a moment of pride and gratitude. A testimony to our hard work, team spirit, passion and commitment. This award is an affirmation that we are on the right track on our journey towards people excellence where we aim to provide well-rounded experiences to our employees and to reach new heights in alignment to our vision and people strategy. Lastly, I would like to extend my gratitude to every member of Borouge family who are part of this excellence journey. Special thanks to our Human Capital team. This award won’t be possible without their incredible dedication to their work and diligence in striving for excellence.”