SHKP Sustainability Report 2024/25

Sun Hung Kai Properties Limited Sustainability Report 2024/25 To the stakeholders and management of Sun Hung Kai Properties Limited The British Standards Institution (BSI) has conducted a limited assurance engagement on the sustainability information (described in the “Scope”) in the Sun Hung Kai Properties Limited Sustainability Report 2024/25 (“Report”) of Sun Hung Kai Properties Limited (hereafter referred to as “SHKP” in this statement) Scope & Verification Criteria The Scope and verification criteria of engagement agreed upon with SHKP includes the following: 1. The assurance covers all information and data presented in the Report, and focuses on systems and activities of SHKP and its wholly- owned subsidiaries (“the Group”) in Hong Kong, including property management, construction, hotel and non-property portfolio businesses (including: air cargo consolidation centre; container and cargo handling services; telecommunication services; data centre services; provider of transport infrastructure asset management and smart mobility solutions; department store and supermarket during the period from 1st July 2024 to 30th June 2025. The Report is prepared in accordance with the previous version of Hong Kong Stock Exchange’s (“HKEx”) Environmental, Social and Governance Reporting Code (“ESG Code”) (effective up to 31st December 2024, formerly known as the ESG Reporting Guide) and the GRI Sustainability Reporting Standards (“GRI Standards”), and with reference to the ten principles of the United Nations Global Compact (“UNGC”). 2. Limited assurance in accordance with ISAE3000 (Revised) evaluates the specified sustainability performance information/data disclosed in the Report, including but not limited to: Environment: Total direct GHG emissions (Scope 1) Total indirect GHG emissions (Scope 2) Total indirect GHG emissions (Scope 3) GHG emission intensity (Scope 1 & 2) Total non-hazardous waste disposal (General waste, Construction and demolition waste) Total non-hazardous waste recycled (Paper, Plastic, Metal, Used cooking oil, Food waste, Glass, Construction and demolition waste) Hazardous wastes collected and recycled (Batteries, Chemicals, Electronic and electrical waste, Fluorescent lamp, Toner cartridge) Energy generation (Total renewable energy generated and exported - Solar) Total energy (non-renewable) consumption and its intensity Purchased electricity consumption Gas consumption Fuel consumption Diesel consumption Petrol consumption Total water consumption and its intensity Social: Gender pay ratio (female to male) as mean base salary for total workforce Total number of work-related fatalities (employees and contractors) Work-related fatalities rate Lost time injury frequency rate - employees Lost time injury frequency rate - contractors Absentee rate Opinion Statement & Conclusion We have conducted a limited assurance engagement on the sustainability information described in the “Scope” above (Sustainability Information). Based on the procedures we have performed and the evidence we have obtained, nothing has come to our attention that causes us to believe that the accompanying Sustainability Information is not prepared, in all material respects, in accordance with the previous version of HKEx ESG Code and the GRI Standards. Methodology Our assurance engagements were carried out in accordance with International Standard on Assurance Engagements 3000 (Revised), Assurance Engagements other than Audits or Reviews of Historical Financial Information, and, in respect of greenhouse gas emissions, International Standard on Assurance Engagements 3410, Assurance Engagements on Greenhouse Gas Statements, issued by the International Auditing and Assurance Standards Board. Our work was designed to gather evidence on which to base our conclusion. These standards require that we plan and perform this engagement to obtain limited assurance about whether the Sustainability Information is free frommaterial misstatement. We undertook the following activities: A top level review of issues raised by external parties that could be relevant to SHKP’s policies to provide a check on the appropriateness of statements made in the Report Discussion with senior executives on SHKP’s approach to stakeholder engagement. We had no direct contact with external stakeholders Interview with staff involved in sustainability management, report preparation and provision of report information Review and assessment of double materiality assessment process 109 Review of key developments of the Group Review of the process and systems for collecting and reporting the sustainability information/data Review of supporting evidence for claims made in the Report Review of environmental, social and governance data, including the target progress achieved, to ensure the data had been appropriately measured, recorded, collated and reported An assessment of the Group’s reporting and management processes concerning this Report against the principles of Inclusivity, Materiality, Responsiveness and Impact Responsibility It is the responsibility of SHKP for the preparation and fair presentation of the Sustainability Information in accordance with agreed criteria as stated in the Scope and verification criteria section of this statement. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation of Sustainability Information that is free frommaterial misstatement, whether due to fraud or error. BSI is responsible for providing an independent assurance opinion statement to stakeholders giving our professional opinion based on the Scope and methodology described. Any queries that may arise by virtue of this independent assurance opinion statement or matters relating to it should be addressed to SHKP only. Independence, Quality Control and Competence BSI is independent to SHKP and has no financial interest in the operation of SHKP other than for the assurance of the sustainability statements contained in this Report. This independent assurance opinion statement has been prepared for the stakeholders of SHKP only for the purposes of verifying its statements relating to its environmental, social and governance (ESG), more particularly described in the Scope above. This independent assurance opinion statement is prepared on the basis of review by BSI of information presented to it by SHKP. In making this independent assurance opinion statement, BSI has assumed that all information provided to it by SHKP is true, accurate and complete. BSI accepts no liability to any third party who places reliance on this statement. BSI applies its own management standards and compliance policies for quality control, in accordance with ISO/IEC 17021-1:2015 and accordingly maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. BSI is a leading global standards and assessment body founded in 1901. The BSI assurance team has extensive experience in conducting verification over environmental, social and governance (ESG), including GRI G3, GRI G3.1, GRI G4, GRI Standards, GRI Certified Sustainability Professional, AA1000 Certified Sustainability Assurance Practitioner (CSAP), HKEx ESG Code, HKEx ESG Guide, UNGC’s Ten Principles, ISO 10002, ISO 14001, OHSAS 18001, ISO 45001 and ISO 9001, etc. The assurance is carried out in line with the BSI Fair Trading Code of Practice. For and on behalf of BSI: Dr. Tatiana Schmollack-Tarasova, Managing Director Greater China, APAC Assurance Verifier of the Report: Mr. Aaron Chim Lead Assuror 22nd September 2025 Statement No.: SRA-HK-825330b This statement was prepared in English and translated into Chinese for reference only. 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 Appendix X Sun Hung Kai Properties Limited | Sustainability Report 2024/25