SHKP Sustainability Report 2024/25

Sun Hung Kai Properties Limited | Sustainability Report 2024/25 1 Scope of the Report Sun Hung Kai Properties Limited (SHKP) is pleased to publish its annual Sustainability Report for financial year 2024/25, covering the same period as the Annual Report from 1 July 2024 to 30 June 2025. This report highlights our commitment and achievements in creating value for the environment, our people, our customers, our supply chain and the community. It also describes the sustainability performance and initiatives of our business operations in Hong Kong and on the mainland, including our head office, wholly-owned subsidiaries of our property-related business, franchise hotels and non-property portfolio businesses (collectively: the Group). Property Management: Hong Yip Service Company Limited (Hong Yip) Kai Shing Management Services Limited (Kai Shing) Construction: Sanfield (Management) Limited (Sanfield) Royal Brand Hotels: ALVA Hotel by Royal Royal Park Hotel Royal Plaza Hotel Royal View Hotel The Royal Garden Franchise Hotels: Crowne Plaza Hong Kong Kowloon East Four Seasons Hotel Hong Kong Hyatt Centric Victoria Harbour Hong Kong The Ritz-Carlton, Hong Kong W Hong Kong Non-property Portfolio Businesses: Airport Freight Forwarding Centre Company Limited (AFFC) Hoi Kong Container Services Company Limited (Hoi Kong Container Services) SmarTone Telecommunications Holdings Limited (SmarTone) SUNeVision Holdings Limited (SUNeVision) Wilson Group Limited (Wilson Group) YATA Limited (YATA) We continued to operate on the mainland and Singapore during the reporting year, which collectively constitute approximate 20% of our portfolio by total assets. Please refer to our Annual Report 2024/25 f or the details of our portfolio. We will strive to continue to enhance the disclosure of our operations on the mainland for greater transparency and a higher level of completeness. Based on the materiality of our businesses, we focus our qualitative disclosure on our major businesses. Meanwhile, quantitative data of our property-related and non-property portfolio businesses are disclosed in Appendix III . Our listed subsidiaries in Hong Kong also issue independent reports to meet the requirements of The Stock Exchange of Hong Kong Limited. Please refer to their websites for the respective reports. Reporting Standards The Report is prepared in accordance with the previous version of the Environmental, Social and Governance Reporting Code (ESG Code) (effective up to 31 December 2024, formerly known as the ESG Reporting Guide), the Global Reporting Initiative (GRI) Standards 2021, and with reference to the 10 principles of the United Nations Global Compact (UNGC), the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (IFRS S1) and IFRS S2 Climate-related Disclosures (IFRS S2) issued by the International Sustainability Standards Board (ISSB), the Sustainability Accounting Standards Board (SASB) Standards, and the recommendations from the Taskforce on Nature- related Financial Disclosures (TNFD), to align our strategies with international sustainability principles. This report is prepared in accordance with the four Reporting Principles stipulated in the ESG Code: materiality, quantitative, balance and consistency as well as the eight reporting principles from GRI standards. Reporting Principles in the ESG Code 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 Quantitative • Quantitative data are presented throughout the report and in Appendix III – Performance Tables 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 Balance • Discloses both positive and negative aspects of our performance to present a fair and ‘balanced’ view of SHKP’s sustainability performance Report Assurance SHKP obtains external independent assurance for our sustainability reports. The senior management of the Group is responsible for engaging an external independent assurer to ensure that the information and data presented in this report is accurate and in accordance with the reporting standards. During the assurance process, senior executives are also interviewed by the assurer to discuss SHKP’s approach to stakeholder engagement. In accordance with the AA1000 Assurance Standard v3, this report has been independently assured by the British Standards Institution (BSI) with respect to the extent of its coverage, information and data provided according to the standards mentioned above. BSI has also conducted a limited assurance engagement on the sustainability information contained in this report 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. The independent assurance opinion statement is presented in Appendix X of this report. We welcome your comments and suggestions on our sustainability disclosures, performance and initiatives. Please contact us at Our Reporting Approach GRI Reporting Principles sustainability@shkp.com Accuracy Balance Clarity Comparability Completeness Sustainability Context Timeliness Verifiability 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 R H