Sustainability Report 2021/22

Building Homes with Heart Constituent of FTSE4Good Index Series2 Speed, Quality, Efficiency Obtained a rating of ‘A’ in the MSCI ESG Ratings assessment as of the date of this report3 Customer First Rated as ‘Low Risk’ in the Sustainalytics ESG Risk Rating as of the date of this report4 Continuous Improvement Constituent of the Hang Seng Corporate Sustainability Index and Hang Seng (Mainland and Hong Kong) Corporate Sustainability Index with an ‘AAA’ rating Teamwork Ranked 4th in the Greater China Business Sustainability Index Ranked 4th in the Greater Bay Area Business Sustainability Index Teamwork Ranked 4th in the Hong Kong Business Sustainability Index 1 Completion refers to the stage in which the project is ready for handover since the financial year of 2018/19. Hence, the figures since the financial year 2018/19 cannot be used for direct comparison with historical figures. 2 FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that SHKP has been independently assessed accord- ing to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. 3 Please refer to MSCI disclaimer: https://www.shkp.com/html/sustainable-development/mscidisclaimer.html 4 Copyright ©2022 Sustainalytics. All rights reserved. Hong Kong Land Bank Composition As one of the largest property developers and landlords in Hong Kong, we acknowledge the strong demand for affordable housing and we take up the responsibility to respond to this demand. As such, the Group continues to replenish our land bank through multiple channels whenever opportunities arise. During the reporting year, the Group’s attributable land bank in Hong Kong amounted to about 57.1 million square feet. This comprised about 22.4 million square feet of properties under development, which should be adequate to support the Group’s development needs over the next five years. The remaining portions included diversified completed properties of around 34.7 million square feet spreading across the territory, an overwhelming majority of which are for rental and long-term investment purposes. Details of the land acquired during the reporting period can be found in the Land Bank section of the Chairman’s Statement of our Annual Report 2021/22. Land Bank During the reporting year, a total of eight projects in Hong Kong with about 2.6 million square feet of attributable gross floor area were completed for handover, of which about 2.5 million square feet were residential developments. The remainder was retail space retained for rental purpose. Please refer to the Property Development section of the Chairman’s Statement of our Annual Report 2021/22 for our commitment to providing premium products and services. During the past half-century, the Group has weathered good and bad times alongside the people of Hong Kong. The Group firmly believes that Hong Kong will continue with its success. The Group reaches an important milestone in 2022 as the year marks the 50th anniversary of its public listing in Hong Kong. With our commitment of Building Homes with Heart, the Group will continue its journey in providing residences of premium quality while giving back to the community. Recognized for Sustainability The Group has been recognized by various major sustainability benchmarks and indices for its commitment and positive contributions to sustainability. SEHK:0016 2021-2022 Properties Under Development FY 50 40 30 20 10 60 56.5 2018 2019 2020 1 2022 1 2021 1 Completed Properties Gross floor area (in millions of square feet) 58.0 57.5 57.1 57.9 Sun Hung Kai Properties Limited • Sustainability Report 2021/22 4 Our Business