KE : Upgraded to ‘BBB’ in MSCI ESG Rating

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Beijing, China, March 1, 2024 - KE Holdings Inc. ("Beike" or the "Company") (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that its ESG rating by Morgan Stanley Capital International ("MSCI") has been upgraded from "BB" to "BBB." This recognition acknowledges Beike's outstanding performance in environmental, social, and governance ("ESG") practices, positioning the Company as a leader in ESG management within its industry.

In its latest evaluation, MSCI awarded Beike the upgraded rating based on the Company's significant progress in human capital development, such as talent training and employee rights protection, together with its advances in privacy and data security. As a result, Beike excelled in the ESG social category, earning an overall score of 7.7 compared with the global industry average of 4.3.

Beike has embedded a comprehensive ESG approach across its strategies and operations. In December, the Company announced its commitment to sustainability with the release of the "2023 Beike Carbon Neutrality Target and Action Roadmap Report," outlining its path to achieving carbon neutrality in its own operations by 2030.

MSCI, a leading provider of index services, sets itself apart with the MSCI ESG Rating, which is designed to measure a company's resilience to long-term, industry-material ESG risks. These ratings, highly esteemed in the international capital arena, serve as a pivotal reference for investors.

Dedicated to pursuing excellence for long-term success, Beike remains committed to facilitating the transformation of China's residential service industry through sound governance and technology innovation to help its service providers gain dignity and bring customers joyful living experiences.

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China's leading real estate brokerage brand and an integral part of its Beike platform. With more than 22 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Siting Li
E-mail: [e-mail]

Piacente Financial Communications
Jenny Cai
Tel: [phone]
E-mail: [e-mail]

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: [phone]
E-mail: [e-mail]