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 CASE STUDY 26 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 Solar systems at Tonic Industrial Centre Solar farm at Sai Sha construction site Groundbreaking milestone: Officials and partners inaugurate Hong Kong’s first privately-funded landfill solar farm Rendering of solar farm development at SENT Landfill In partnership with Veolia and CITIC Pacific, we have launched a groundbreaking solar farm project that marks a significant milestone in Hong Kong’s renewable energy journey and supports the HKSAR Government’s Climate Action Plan 2050. Situated on the South East New Territories (SENT) Landfill slope in Tseung Kwan O, the solar farm will generate 1.2 million kWh of green electricity annually – enough to power around 360 households while reducing carbon emissions by around 468 tonnes yearly, equivalent to the CO 2 absorption of around 20,000 trees. The installation showcases technical innovation through 1,800 solar panels across 100,000 square feet. The installation is carefully designed and is uniquely intended for landfill restoration, ensuring that the landfill liner remains undamaged while protecting the leachate and landfill gas collection systems. Remote power generation and solar panel performance systems are also designed to monitor all operational conditions, ensuring an efficient and safe operation. The solar farm will participate in the CLP’s FiT Scheme. SUNeVision, the Group’s subsidiary and Hong Kong’s largest data centre provider, has linked a six-year agreement with CLP Power to purchase CLP RECs 100% linked to the solar power generated by the solar farm, creating a closed-loop ESG model. This project represents our broader commitment to expanding large-scale solar infrastructure across vacant sites and landfills, accelerating Hong Kong’s renewable energy transition. Hong Kong’s First Privately Funded Solar Farm on South East New Territories Landfill Expanding Our Adoption of Renewable Energy with Solar Panels SHKP fully supports the development and adoption of renewable energy, recognizing it as a vital component of our decarbonization strategy. We are actively expanding on-site energy generation and solar networks to reduce GHG emissions through sustainable and clean energy adoption. Our renewable energy achievements include: As at 30 June 2025, around 20,000 solar panels were installed across 82 managed properties and two construction sites. These could generate around 8.9 million kWh of electricity annually, and reduce carbon emissions by around 3,800 tonnes - equivalent to the CO 2 absorption of around 165,000 trees in one year Our Sai Sha project features solar panels, making it the first construction site in Hong Kong to adopt a renewable energy system. We generate around 50,000 kWh of electricity annually and support the CLP’s Feed-in Tariff (FiT) programme. Furthermore, a six-metre hybrid wind turbine supplies renewable energy to the workers’ lounge and office By the end of 2026, we expect to have installed around 24,000 solar panels that could generate around 11 million kWh of electricity annually, and reduce carbon emissions by around 4,600 tonnes - equivalent to the CO 2 absorption of around 200,000 trees in one year.