Sustainability Report 2023/24

Suppliers (Hong Kong) Suppliers (non-Hong Kong) Head Office 336 0 Construction 282 24 Hotels 4,345 54 Property Management 3,549 8 Total 8,512 86 In accordance with our green procurement guidelines, our procurement takes environmental and social aspects into account. Priority is given to suppliers and contractors who, for example: • Follow ISO 14001 environmental management standards • Participate in the BEAM Plus scheme • Adopt green procurement policy and practices • Incorporate sustainable measures, such as occupational health and safety in their operations Head Office • Prioritizes eco-friendly supplies from sustainable sources such as Forest Stewardship Council (FSC)-certified paper Property Management • Prioritizes suppliers who participate in the Energy Saving Charter and 4T Charter by the Environment and Ecology Bureau • Incentivizes suppliers by granting bonus scores in assessments if they have certificates related to quality, environment, energy and occupational health and safety • Participates in the Charter on Preferential Appointment of OSH Star Enterprise and prioritizes suppliers that have robust safety management and have passed Occupational Safety and Health Council safety audits for repair, maintenance, alteration and addition works • Suppliers who participate in the Green Council’s Sustainable Procurement Charter Construction • Incorporates contract specification with sustainable practices, such as the use of rechargeable power for cranes and material hoists and the replacement of wood formwork with aluminium • Requires supporting documents from suppliers that timber is FSC-certified Hotel • Prioritizes products that are biodegradable or recyclable, and FSC or Marine Stewardship Council-certified Sustainability considerations are incorporated into our procurement and engagement with suppliers and contractors in different business: Driving Sustainability through Procurement A wide range of suppliers provide food for our hotels, building materials for our construction arm, building services equipment and office supplies for our property businesses. During the reporting year, we partnered with more than 8,500 suppliers and spent more than HK$9.1 billion. Multiple sourcing promotes fair competition and reduces reliance on single suppliers, strengthening our supply chain resilience. During the reporting year, our top five suppliers contributed less than 30% of our overall purchases. ~ 99% of our suppliers were locally based ~ 31% of our total procurement took environmental considerations into account We support small, medium and social enterprises in our operations and procurement whenever possible. We source locally to reduce the carbon emissions associated with long-distance transport and contribute to the economic growth of local communities and local employment. Sun Hung Kai Properties Limited | Sustainability Report 2023/24 < 72 > Our Reporting Approach Message from the Sustainability Steering Committee Our Business Our Approach to Sustainability Value Created for the Environment Value Created for People Value Created for Customers Value Created for Supply Chain Value Created for Community Appendices