Sustainability Reports 2022/23

Scope of the Report Sun Hung Kai Properties Limited (SHKP) is pleased to publish our annual Sustainability Report for 2022/23, which covers the same period as the Annual Report from 1 July 2022 to 30 June 2023. This report highlights our continuous commitment and achievements in creating value for the environment, our people, our customers, our supply chain and the community. This report covers the sustainability performance and initiatives of our head office and wholly-owned subsidiaries of our property-related business in Hong Kong (collectively: the Group). Our Reporting Approach Reporting Standards The Report is prepared in accordance with the ESG Guide, the Global Reporting Initiative (GRI) Standards 2021, and with reference to the 10 principles of the United Nations Global Compact (UNGC) to align our strategies with international sustainability principles. This report is prepared in accordance with the four Reporting Principles stipulated in the ESG Guide: materiality, quantitative, balance and consistency as well as the eight reporting principles from GRI Standards. Report Assurance SHKP obtains external independent assurance for the content of our sustainability reports. The senior management of the Group is responsible for engaging an external independent assurer and ensuring the information presented in this report is accurate and in accordance with the reporting standards. Senior executives are also engaged by the assurer to discuss the SHKP’s approach to stakeholder engagement during the assurance process. 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. We welcome your comments and suggestions on our sustainability performance and disclosure. Please contact us at sustainability@shkp.com Property Management: • Hong Yip Service Company Limited (Hong Yip) • Kai Shing Management Services Limited (Kai Shing) Royal Brand Hotels: • ALVA Hotel by Royal • Royal Park Hotel • Royal Plaza Hotel • Royal View Hotel • The Royal Garden Construction: • Sanfield (Management) Limited (Sanfield) SHKP continued to operate on the mainland and Singapore during the reporting year, which together constitute an approximate 20% of our portfolio by total assets. Details about our portfolio can be found in our Annual Report 2022/23. To improve transparency and completeness of sustainability reporting, we continue to enhance disclosure of our operations on the mainland. SHKP’s other listed subsidiaries in Hong Kong also issue independent reports to meet the requirements of the Environmental, Social and Governance Guide (ESG Guide) as set out in Appendix 27 of the Rules Governing the Listing of Securities on The Stock of Exchange of Hong Kong Limited. Please refer to their websites for respective reports. Reporting Principles in the ESG Guide GRI Reporting Principles Materiality • Regularly engages with our stakeholders to review the ‘materiality’ of our ESG topics • Sustainability Steering Committee is involved throughout the process to review and validate stakeholders’ comments Consistency • Includes detailed and consistent methodologies for public review and comparison • Any changes in the reporting scope will be revealed to maintain the report’s consistency Quantitative • Quantitative data are presented throughout the report and in the Performance Tables in Appendix III Balance • Discloses both positive and negative aspects of our performance to present a fair and ‘balanced’ view of SHKP’s sustainability performance Accuracy Balance Clarity Comparability Completeness Sustainability Context Timeliness Verifiability sustainability@shkp.com Sun Hung Kai Properties Limited Sustainability Report 2022/23 Our Reporting Approach Message from the Sustainability Steering Committee Our Business Our Approach to Sustainability 01 Value Created for the Environment Value Created for People Value Created for Customers Value Created for Supply Chain Value Created for Community Appendices