Sustainability Report 2020/21

Our Reporting Approach Scope of the Report Sun Hung Kai Properties Limited (SHKP) is pleased to publish its Sustainability Report 2020/21, which covers the period 1 July 2020 to 30 June 2021. This report discloses and highlights our commitment and achievements in creating value for the environment, our people, our customers, our supply chain and the community as guided by our sustainability strategy. It focuses on the sustainability performance and initiatives of our head office and wholly-owned subsidiaries of our property-related business in Hong Kong (collectively: the Group), which include our property management subsidiaries: Kai Shing Management Services Limited (Kai Shing) and Hong Yip Service Company Limited (Hong Yip); construction company Sanfield (Management) Limited (Sanfield); and the five Royal brands - Royal Park Hotel, Royal Plaza Hotel, Royal View Hotel, The Royal Garden and ALVA Hotel by Royal. The Group also disclosed the highlights and performance of selected properties on the mainland for the first time this year. Moving forward, we will continue to enhance our disclosure to provide higher transparency of the sustainability performance of our operations. During the reporting year, SHKP continued to operate on the mainland and Singapore, which together constitute an approximate 20% of our portfolio by total assets. Further details about our portfolio can be found in our Annual Report 2020/21 . Other SHKP’s listed subsidiaries in Hong Kong also publish independent reports in accordance with the Environmental, Social and Governance Reporting Guide (ESG Guide) set out in Appendix 27 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Please visit their websites for their respective reports. Reporting Standards This report is prepared in accordance with the latest requirements as stipulated in the ESG Guide and the Core option of Global Reporting Initiative (GRI) Sustainability Reporting Standards, and with reference to the GRI G4 Construction and Real Estate Sector Disclosures. To align our strategies with international sustainability principles, the report also makes reference to the ten principles of the United Nations Global Compact (UNGC). The report follows the four Reporting Principles as mentioned in the ESG Guide: materiality, quantitative, balance and consistency to disclose our sustainability performance. Through ongoing engagement with our stakeholders and regular review of the ‘materiality’ of sustainability topics, we defined the topics to be included in this report. The Sustainability Steering Committee of SHKP is involved throughout the process to review and validate the feedback from stakeholders. For more details of our stakeholder engagement approach and materiality analysis, please refer to Our Approach to Sustainability and Appendix II . In terms of ‘quantitative’ and ‘consistency’, quantitative data are available throughout the report and in the Performance Tables under Appendix III . Detailed and consistent methodologies are also included in the report for public scrutiny and easy comparison. The report also discloses positive and negative aspects of our performance to provide an unbiased and ‘balanced’ picture of SHKP’s sustainability performance. Any change on the reporting scope will be reported to ensure the consistency of the report. Report Assurance This report has been independently assured by the British Standards Institution with respect to the extent of its coverage and information provided in accordance with the standards mentioned above. The independent assurance opinion statement is presented in Appendix VI of this report. SHKP welcomes your comments and suggestions on our sustainability performance and reporting. Please share your feedback with us at sustainability@shkp.com . Sun Hung Kai Properties Limited • Sustainability Report 2020/21 1 Our Reporting Approach