SHKP Sustainability Report 2024/25

Highlights of Our Performance in FY2024/25 63 Sun Hung Kai Properties Limited | 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 ~ 46 % of our total procurement took environmental considerations into account Construction site accident rate of 10.0 per 1,000 workers, below industry average ~ 1.2 million attendees completed health and safety training Hong Kong’s 1st smart scaffolding monitoring system was developed by SCIL Strategies and Management 1 Our suppliers and contractors provide cleaning, security, laundry, landscaping, construction activities and E&M services, etc. products. We encourage suppliers, contractors, subcontractors, joint ventures and other service providers to uphold business integrity and quality requirements outlined in our Environmental Policy , Health and Safety Policy and Cybersecurity Policy . Our vertically integrated approach to supply chain management ensures consistent excellence and compliance across our network of new and existing suppliers and contractors. Vertically Integrated Approach for Supply Chain Management Standardized processes for supplier selection, retention, performance assessment, risk management and development of evaluation systems Stipulate in tender documents that business partners, suppliers and contractors must adhere strictly to labour rights laws and regulations Thorough evaluation of suppliers’ compliance, labour management and human rights protection, focusing on reasonable compensation and a safe working environment SHKP is dedicated to fostering innovation and technology development. We integrate technologies across our business, spanning from construction to property management. By nurturing a culture of innovation and providing support for creative solutions, we empower our employees to pioneer industry advancements. Our knowledge sharing with peers and partners enhances competitiveness while delivering premium quality products and services. Our safety operating guidelines and procedures are tailored to address unique requirements and specific construction risks, with regular updates to ensure continued effectiveness. Our project and safety teams work closely with contractors to establish and maintain rigorous protocols and standards, conducting thorough safety inspections to ensure regulatory compliance. We maintain active engagement with suppliers and contractors through daily correspondence, regular assessments and meetings. Sanfield’s contractor engagement includes kick-off meetings, pre-work briefings and safety training. Our commitment to industry advancement is demonstrated through regular knowledge and experience sharing on cutting- edge technologies like the Tension and Tilting Inspection Engine AI System (TIE.Ai), Unmanned Tower Crane (UMTC), Building Information Modelling (BIM), Design for Manufacture and Assembly (DfMA) and AI Lift via industry forums and social media platforms. Our supply chain exemplifies our Building Homes with Heart principle by prioritizing transparency, resilience and alignment with United Nations Sustainable Development Goals. We actively collaborate with business partners to advance ethical and sustainable practices across our operations. Suppliers 1 , contractors 1 and subcontractors must adhere to all relevant environmental and social laws and regulations, such as the Occupational Safety and Health Ordinance, Employment Ordinance and Waste Disposal Ordinance. We encourage them to align their practices with the principles delineated in the Universal Declaration of Human Rights and United Nations Global Compact. We strictly prohibit child and forced labour from our supply chain, and promote a work environment that is inclusive and free of discrimination for all. We require our suppliers, contractors and subcontractors to comply with our Supplier Code of Conduct , which establishes standards for legal compliance, governance, business ethics, environmental stewardship, biodiversity conservation, occupational health and safety (OHS), human rights and equal opportunities, labour practices, and confidential information and privacy. The Supplier Code of Conduct has been updated during the reporting year to align with our improved sustainability commitments. By integrating our Sustainable Building Policy with green procurement guidelines, we embed sustainability criteria throughout supplier selection and material sourcing for building materials, building equipment and office