Yalla Group Releases Inaugural ESG Report

Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today published its inaugural Environmental, Social and Governance (ESG) Report. The report details the company’s 2021 performance and future goals across four major areas, including governance, environment, trust, and social factors, highlighting its corporate vision beyond financial achievements.

“As we continue to advance our vision of building MENA’s largest destination for online social networking and entertainment, we appreciate more than ever that our responsibility as a conscientious corporate citizen does not stop at generating financial profits for our shareholders. We must also prioritize sustainable operations and strive to create shared value for all of our stakeholders,” said Mr. Yang Tao, Founder, Chairman and CEO of Yalla. “We firmly believe that sustainability is an important consideration in our future development. By reflecting on our ESG performance over the past year, we aim to develop a holistic understanding of sustainability within the framework of our business, enabling us to set meaningful targets going forward and increase our positive impact on society.”

“As a company deeply rooted in MENA’s culture and tradition, we feel a profound obligation to create significant socio-economic value for the region, and we are certain that our ESG strategy will help us fulfill that goal,” commented Mr. Saifi Ismail, President of Yalla. “2022 is a year full of promise and potential. In the new year and beyond, we remain fully committed to maintaining our position as MENA’s leading voice-centric social networking and entertainment platform while further delivering on our commitment to a sustainable future.”

To view the report in full, please visit: https://ir.yallatech.ae/esg