SHKP Sustainability Report 2024/25

69 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 Accident rate for our contractors Industry accident rate During the reporting year: We foster a safety culture where workers are encouraged to report any hazards or unsafe conditions to supervisors or site managers. Workers are encouraged to leave unsafe work environments without any concern of facing retaliation. We raise OHS awareness through regular training for our contractors and subcontractors. Our OHS awareness training recorded around 1.2 million attendances this year, covering essential topics from latest safety policies and legal updates, safety card renewal, the use of personal protective equipment, proper handling of hand tools and electrical equipment, working at heights and on scaffolding, confined space safety and lifting safety. External organizations complemented our programme with specialized safety sessions and health awareness training on heat stroke prevention, mosquito prevention and prevention of hearing loss for contractors Frontline staff receives safety standards training and updates Safety sharing session led by the Deputy Commissioner for Labour and CIC at Kwu Tung project and subcontractors. This year, a webinar on tower crane erections and its operations statutory requirements was organized for construction workers to enhance operational compliance and safety. We adopt a proactive approach to further elevate awareness of safety standards and guidelines at construction sites. Proactive on-site safety management is achieved through comprehensive risk identification, prioritization, assessment and management processes. We conduct regular internal inspections and organize construction project director and project manager safety walks at least four times a year to review our safety performance. Senior management also inspect our sites at least twice annually through: Director Safety Walks Developer Project Management Safety Walks Construction General Manager Safety Walks The Central Safety team further conducts surprise checks on projects that fail to meet safety targets or exhibit unsatisfactory safety performance. Findings from these inspections are reported to our OHS Committee for evaluation and improvement. We maintain a rigorous audit schedule, with internal site-safety professionals conducting compliance audits quarterly and external audits performed biannually, in accordance with the Factories and Industrial Undertakings (Safety Management) Regulation. These external safety audits cover both site-level and corporate- level. Sanfield also participates in Real Estate Developers Association’s inspections to verify site safety compliance. By waiving the standard industry fees for contractors on claims, we collect the most precise and thorough data on work-related incidents, which enables targeted safety measures implementation and accident prevention. In case of an incident, near miss, injury, or an immediate need for medical attention, we will: Establish a dedicated investigation team comprising first aider, safety officer, site agent and subcontractor representative to carry out a detailed investigation and develop follow-up actions Adhere to all pertinent laws and regulations, and report all injuries according to the accident reporting stipulations Execute follow-up measures to improve site safety and prevent recurrence 7 Industry rate is calculated per the calendar year and refers to the Hong Kong Labour Department’s Occupational Safety and Health Statistics Bulletin (August 2025). 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 Our contractor accident rate was 10.0 per 1,000 workers against an industry average of 24.8 7 0 fatalities were recorded among our contractors º Before Construction Deliver extensive health and safety induction for all new workers Implement site-specific health-and- safety training for all workers Establish clear operating procedures and safety protocols Identify and assess potential risks during design and planning phases During Construction Conduct weekly toolbox talks or whenever procedural changes occur Deliver site-specific training for complex technical operations Ensure comprehensive information, instructions, training and supervision across all work processes After Construction Perform safety effectiveness assessments to drive continuous improvement Accident rate per 1,000 workers 0 5 25 15 10 30 20 2022/23 2024/25 2023/24 Accident Rate of Our Contractors at Construction Sites Compared with the Industry Financial year 12.9 11.4 10.0 29.1 27.6 24.8