SHKP Sustainability Report 2024/25

Message from the Sustainability Steering Committee We are pleased to present the SHKP Sustainability Report 2024/25, which showcases our unwavering commitment to sustainable development in an increasingly complex global landscape. Throughout this year, we have successfully generated positive impact for our stakeholders across our business operations, while significantly strengthening our environmental, social and governance (ESG) practices. In our pursuit of enhanced transparency and accountability, we have prepared this year’s disclosures with reference to a broader range of global reporting standards, including the International Sustainability Standards Board’s (ISSB) IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD). This positions us at the forefront of evolving sustainability reporting standards. Building on last year’s double materiality assessment, we have deepened our engagement with internal stakeholders to enhance our management of material ESG risks and opportunities. In response to national and regional climate action imperatives, we continue to progress towards decarbonization. By referencing the ISSB’s IFRS S2 Climate- related Disclosures, we communicate our climate transition progress through a globally recognized framework. On green building and renewable energy commitment, we pledge to achieve Leadership in Energy and Environmental Design (LEED) Gold or Platinum certification for all new core commercial projects. As at June 2025, the Group has earned around 150 green-building- related certificates in Hong Kong, highlighted by a remarkable achievement: International Commerce Centre (ICC) becoming Asia’s first building to achieve Platinum certification under the latest LEED v5.0 Operations and Maintenance: Existing Buildings. Beyond meeting our 10-year environmental targets, we are pioneering innovative renewable energy solutions through a joint venture to develop Hong Kong’s first privately funded solar farm on a landfill site. This transformative initiative demonstrates our leadership in advancing clean energy solutions. Our workforce remains the cornerstone of our success. Through strategic collaborations with educational institutions and tailored training programmes, we continue to foster both professional and personal growth among our employees. Our support for the government’s Greater Bay Area Youth Employment Scheme underscores our commitment to developing young talent and securing a robust talent pipeline for the future. Excellence in product and service delivery remains paramount to our operations. Since 2013, we have offered a 3-year warranty to first- hand purchasers of newly sold developments in Hong Kong. We continue to embrace cutting-edge technologies, including artificial intelligence (AI) and 5G applications, while prioritizing occupant well-being through WELL-certified properties. To better serve our customers and the community, we are upgrading the Airport Freight Forwarding Centre, creating smarter and more customer- centric warehousing and logistics facilities. Our information technology arm, SUNeVision, has commenced construction of MEGA IDC Phase Two. Upon completion, it is set to become Hong Kong’s largest hyperscale data centre in terms of power capacity, fostering the advancement of AI as well as innovation and technology in Hong Kong. Through our customer engagement and loyalty platforms – The Point by SHKP, SHKP Club, and Go Royal – we maintain strong connections with our customers, ensuring our services consistently exceed their expectations. Sustainability is deeply embedded in our entire supply chain management approach. Through rigorous supplier evaluation processes, we effectively mitigate risks while driving decarbonization initiatives across our value chain. Our construction subsidiary, Sanfield, demonstrates industry leadership through its adoption of advanced technologies, earning prestigious Smart Site Safety System labels from both the Development Bureau of the HKSAR Government and the Construction Industry Council. Through its innovative Sustainability- linked Supplier Payment Service programme, Sanfield continues to successfully incentivize suppliers to embrace and advance sustainable construction practices. Our dedication to community development manifests through strategic initiatives focusing on STEM education and reading among youth, encouraging sports for charity, and supporting the underprivileged. We leverage our properties to host impactful initiatives, including the Well Being · Start-Up 2.0 Programme fostering youth entrepreneurship, and the Pilot Programme on Community Living Room initiative. Our active support for the government’s affordable housing efforts is exemplified by lending two pieces of land for Light Public Housing in Yuen Long and transitional social housing at United Court. The launch of GO PARK Sai Sha, our latest sports- cum-entertainment project, demonstrates our commitment to fostering social integration and community development. Our sustained commitment to sustainability excellence continues to earn prestigious recognition, highlighted by an upgraded ‘AA’ rating in the latest MSCI ESG Ratings. For the second consecutive year, we have maintained our position in the Dow Jones Best-in-Class Asia Pacific Index (formerly the Dow Jones Sustainability Asia Pacific Index), the S&P Global Sustainability Yearbook 2025 and S&P Global Sustainability Yearbook (China Edition) 2025. We have once again been recognized as an ESG Regional Top Rated company by Morningstar Sustainalytics and remain a constituent member of the Hang Seng Corporate Sustainability Index and the FTSE4Good Index Series of London. We express our heartfelt gratitude to our Chairman, the Board of Directors, and all stakeholders for their steadfast support. Looking ahead, SHKP remains resolute in its commitment to fostering collaborative partnerships that drive sustainable and inclusive growth, creating lasting value for generations to come. Sustainability Steering Committee 8 October 2025 2 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 Sun Hung Kai Properties Limited | Sustainability Report 2024/25