October 4, 2022

Castlow

Be INvestment Confident

Bilibili Publishes 2021 Environmental, Social and Governance Report

SHANGHAI, China, Could 31, 2022 (World NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading movie group for young generations in China, right now introduced that it has posted its 2021 Environmental, Social and Governance (“ESG”) Report. The initiatives explained in the report converse to our lengthy-standing motivation to sustainable growth, covering the influence to our people, material creators, employees, small business associates and other stakeholders.

Mr. Rui Chen, chairman and chief govt officer of Bilibili stated, “Committed as always, we keep on to practice social obligation and lead to positive social growth. ‘Enriching the daily lifetime of youthful generations in China’ has been Bilibili’s unwavering mission and an integral section of our development plan and company values. We will continue on to integrate ESG initiatives that progress marketplace standards, make extra improvements in cultural written content available, and proactively lead to the sustainable progress of our modern society.”

To even more our dedication, our 2021 ESG report facts our initiatives in company governance, content material high-quality, cybersecurity and privateness protection, minor protections, supplier and written content creator empowerment, human capital improvement, environmental defense and social charitable things to do, and amongst other folks, giving buyers as nicely as other stakeholders far more transparency about our broader effects in culture.

Highlights of our 2021 ESG achievements:

1.  Responsible Governance

Primarily based on our audio company governance framework, we consistently boost small business ethics and possibility administration initiatives to enhance our corporate administration abilities, these kinds of as:

  • Cleared Board’s ESG tasks and ESG governance structure with the new HKEX ESG polices

  • Supplied business enterprise ethics trainings for 100% of board of directors and employees and,

  • Introduced Sustainability Convertible Notes and executed an yearly allocation and effects report with unbiased 2nd bash impression.

2.  Quality Product

We ongoing to enhance our item excellent through modern R&D investment decision, information and local community assurance and a healthy business ecosystem, these kinds of as:

  • Invested in ongoing R&D enhancements, with 5,826 solution & engineering staff, accounting for 48% of complete workers

  • Upgraded mental house incentives and obtained 7,100 self-designed/self-generated intellectual assets legal rights

  • Optimized our content audit system and leveraged our community attempts to protect information excellent and,

  • Upgraded our adverts articles administration process and completely compliant with restrictions.

3.  Responsible Merchandise

We protect users’ legal rights and shipped optimized services via a collection of actions, this kind of as:

  • Upgraded our cybersecurity and privacy management procedure and reached 100% passing fee in cybersecurity-linked compliance inspections

  • Upgraded our insignificant safety system and develop our youth-helpful content material library

  • Listened to users’ tips by adopting 84,000 solutions and support suggestions from buyers amongst June 2020 and May well 2021 and,

  • Upgraded the Charging Station Method to handle users’ emotional concerns.

4.  Creators and Companions Empowerment

We continue to create a near gain-win relationship with our associates and creators by means of audio source chain management and various help for material creators to showcase their expertise, this kind of as:

  • Shaped a complete-cycle offer chain sustainable administration process and prioritized suppliers with social and environmental commitments,

  • Enhanced our help to content material creators and continued to diversify their monetary channels

  • Produced and furnished available solution functions for users and content material creators with unique wants and,

  • Delivered committed assistance application for our OGV partners to market Chinese original content worldwide.

5.  Human Cash

We hugely price our personnel, and are committed to generating an inclusive office that shields employees’ wellbeing and supports their career route, this kind of as:

  • Improved the variety of our expertise crew, which predominantly includes technology Z+ with an average age of 27, and our woman staff rate was 41%.

  • Improved our instruction procedure to supply substantial and customized education packages to support staff members realize their profession targets, with complete employee teaching hour of 360,000.

  • Released committed programs for talent retention and employee health and fitness and security defense to additional shield employees’ legal rights and increase their get the job done working experience.

6.  Environmental Security

We look at the prospective effects of local weather-similar changes, go after eco-friendly operations across our company pursuits to reduce our carbon footprint, and advertise environmental conservation to our massive user foundation, these kinds of as:

  • Formulated our Bilibili Environmental Administration Goals

  • Executed weather transform-linked hazard identification less than the TCFD Framework and,

  • Introduced articles connected to “environmental protection,” “reduced-carbon emissions,” “recycling” and other environmental themes, which amassed 5.7 billion video sights in 2021.

7.  Social Endeavors

We take in-depth appears to be at means to integrate social requires with our business enterprise functions, and actively participate in several community welfare pursuits, these types of as:

  • Released Bilibili Charity Platform, an official community fundraising platform

  • Greater our financial investment in rural training and supported to make 4 key schools with 3,465 pupils enrolled

  • Donated RMB20 million to Henan flood disaster aid and,

  • Leveraged our platform to spread beneficial tradition, these types of as pan-understanding, Chinese lifestyle and balanced existence.

About Bilibili Inc.

Bilibili is an legendary model and a main video local community with a mission to enrich the everyday existence of young generations in China. Bilibili features a wide array of movie-based content material with All the Movies You Like as its benefit proposition. Bilibili builds its local community close to aspiring customers, superior-top quality articles, talented content material creators and the potent emotional bond amongst them. Bilibili pioneered the “bullet chatting” characteristic, a reside commenting operate that has reworked the viewing practical experience by displaying feelings and thoughts of other audience viewing the identical online video. It has now develop into the welcoming home of various passions for young generations in China and the frontier to boost Chinese culture across the world.

For a lot more information, be sure to go to: http://ir.bilibili.com.

For trader and media inquiries, remember to call:

In China:

Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: [email protected]

The Piacente Team, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: [email protected]

In the United States:

The Piacente Team, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]