SHKP Sustainability Report 2024/25

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 21 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 Avoid Avoid potential harm to biodiversity Mong Kok Development Project: • Preserved three 60-year- old banyan trees on-site • Modified development plans to protect tree root systems, prioritizing conservation over construction costs St Michel: • Integrated International Union for Conservation of Nature (IUCN)-classified ‘vulnerable’ incense tree into project design, implementing fungal treatment and ongoing monitoring Restore Restore biodiversity and ecosystems PARK YOHO: • Implemented comprehensive wetland restoration project with ecological expert • Maintained ongoing biodiversity monitoring through ecological consultation • Delivers environmental education through regular guided tours and nature activities Tung Shing Lei Development Project: • Commissioned three- year ecological study on fishpond restoration, including weed management, mangrove planting and mudflat habitat creation Minimize Minimize ecological impacts Tung Shing Lei Development Project: • Established building- free zones to enhance habitat value and protect waterbird flight paths, acting as a buffer area between the development and adjacent land Wetland Seasons Park: • Partnered with consultants to ensure compliance with local legislations and the requirements of Hong Kong Wetland Park for noise, sewage, waste and emissions during construction Offset Offset any adverse impacts Tung Shing Lei Development Project: • Created water features to support aquatic species habitat Wetland Seasons Park: • Planted more than 1,500 trees and 250,000 native bushes Responsible Biodiversity Management We assess potential environmental impacts of our construction activities and operations through comprehensive environmental and biodiversity risk assessments from external consultants. These evaluations cover Wetland Seasons Park, PARK YOHO, Sai Sha and Tung Shing Lei Development Projects. We also developed management plans to minimize potential impacts on the environment. During impacts of our projects, their dependence on ecosystems, and establish baseline environmental performance, biodiversity-related targets for developments in priority areas and sustainable long-termmanagement proposals in the operation phase, where applicable. We prioritize development locations that minimize environmental impact, following a systematic mitigation hierarchy to avoid, minimize, restore and offset adverse effects. the reporting year, no significant biodiversity risks were identified across operations. Tree conservation remains a cornerstone of our environmental stewardship. Hong Yip implements standardized horticultural maintenance aligned with Tree Management Office and Property Management Services Authority Best Practice Guides. We conduct regular tree-health assessments with risk- categorization indices, pre-rainy season maintenance to prevent overgrowth and disease, and enhanced post-storm inspections for rapid damage identification and response. For detailed TNFD framework disclosures, please refer to Appendix IX . As a responsible property developer, we acknowledge our operational impacts on nature and biodiversity, and implemented conservation measures through our comprehensive governance framework. Our Environmental Policy, Sustainable Building Policy and Supplier Code of Conduct provide strategic direction for biodiversity preservation and impact mitigation. To mitigate our ecological impacts and support biodiversity, we collaborate with professionals, secure government approvals, and engage with business partners throughout the project planning and construction stages. We engage environmental and ecological consultants to study and survey sites prior to submitting development proposals to the government according to statutory requirements. This practice helps us assess the potential Based on the mitigation hierarchy, our biodiversity conservation efforts include: