Information Sources：Fountain Set (Holdings) Limited (the “Company”) - Corporate Governance Department of the Group

Release Date：2024-07-26

Ocean Lanka (Private) Co., Ltd. ("Ocean Lanka"), a subsidiary of the Company, has been conferred with an appreciation award from NEXT brand at their supplier awards 2023/2024. Representing Ocean Lanka at this esteemed event was Ms. Disna Ruwanpathirana, Business Lead (Sales & Marketing).

The Company is deeply honored and grateful for this recognition, serves as a testament to the collaborative spirit and strong partnership we have fostered over the years. This accolade underscores Ocean Lanka's unwavering commitment to upholding the highest standards in our operations and service delivery, reflecting our dedication to excellence. It signifies the Company’s commitment to cost-effectiveness and operational brilliance, reinforcing our standing as a reliable partner.

Ocean Lanka eagerly anticipates many more years of fruitful collaboration and mutual achievements. The Company remains committed to innovation and promises to continue to provide customers with quality products.

About Ocean Lanka:

Ocean Lanka was established in 1994 as a joint venture between the Company and Sri Lankan clothing leaders Brandix Lanka (Private) Limited and Ceylon Knit Trend (Pvt) Ltd. (a subsidiary of Hirdaramani Group) (the Company 60%; other 40%). It is located in the suburbs of Colombo, the capital of Sri Lanka. Ocean Lanka is the largest manufacturer of weft knitted fabric in Sri Lanka and the first manufacturer in Sri Lanka's textile and garment industry to establish a system partnership with Bluesign. With over 25 years of experience, Ocean Lanka produces high-quality and world-class fabrics for renowned international brands, including Victoria's Secret, PVH (Tommy Hilfiger/Calvin Klein), Nike, and Uniqlo. Ocean Lanka represents a unique collaboration combining the strength and expertise of a world-renowned entity.