SHKP Sustainability Report 2024/25

80 Sun Hung Kai Properties Limited | Sustainability Report 2024/25 Elevating Living Spaces and Promoting Social Harmony Open ceremony of the Ko Shan Road Community Living Room Developing Multigenerational Housing The Group’s Sai Sha residential development exemplifies our commitment to cross- generational living through thoughtful design features: Adaptable unit designs with flexible living spaces Wide corridors and doorways to ensure barrier-free access Ample turnaround space to facilitate movement Slip-resistant and anti-bacterial floor finishes Spacious washrooms with additional anti-slip handrails Retractable pulley baskets in kitchens Corridor motion-sensing floor lamps Facilities and support services encompass amenities customized for elderly residents along with an outdoor space designed for enjoyment across all age groups. Additionally, health and fitness programmes, housekeeping, meal provision, interest groups, mentoring initiatives, and activities fostering connections between various generations are provided. By combining age-appropriate designs, supportive facilities and caregiving services, we aim to cultivate vibrant communities where elderly residents live joyfully alongside extended family members. Retractable pulley baskets in kitchens Life@KCC: pioneering industrial building revitalization Spacious washrooms with additional anti-slip handrails Urban Revitalization Through Adaptive Reuse and Innovative Design Our revitalization project, Life@KCC, embodies the strategy of ‘The Seed of Regeneration’. The building embraces industrial heritage through sustainable urban renewal. Life@KCC preserves the Luen Tai Industrial Building’s legacy while transforming it into a vibrant mixed-use destination. The revitalization space integrates retail, leisure, and facilities that prioritize environmental sustainability. This renewal project, featuring artwork by local illustrator Messy Desk, preserves industrial heritage while injecting fresh vitality into Kwai Chung. Supporting Public Health Through Dementia Care Innovation In response to Hong Kong’s ageing population, SHKP partners with NGOs, the Hong Kong University of Science and Technology, and the Jockey Club Centre for Positive Ageing to advance dementia care via the Caring Communities for Dementia initiative. More than 100 iBeacon devices have been installed across 18 SHKP malls, alongside the rollout of the Dementia’s Secret Angel app in 25 locations. This Bluetooth-enabled system allows caregivers to instantly locate disoriented elderly people through real-time location sharing. The programme aims to strengthen support networks for dementia patients and their families in the community. Nurturing Entrepreneurs Through Partnership and Programme To encourage and support the younger generation in pursuing their entrepreneurial ambitions, SHKP has joined the Well Being · Start-Up 2.0 Programme launched by the Hong Kong Housing Authority, offering shop premises at Man Wan 1868 for young entrepreneurs to start their business plans with rent discounts. We also support social enterprises, small business and creation of local jobs at GO PARK Sai Sha. Our collaboration with social enterprises supports local business development through innovative solutions like convenient meal- vending services, fostering economic inclusion and community growth. To foster sustainable development and social harmony, we strategically deploy our land reserves and expertise to address pressing housing needs. Transitional Social Housing Project: United Court SHKP has partnered with the Hong Kong Sheng Kung Hui Welfare Council to address housing demand from low-income citizens and underprivileged families by leveraging its land for transitional social housing initiatives, exemplified by the United Court project. This collaboration has delivered 1,800 transitional housing units, benefiting around 5,000 underprivileged families. The people-centric development integrates public leisure and recreational spaces, social enterprise stores and weekend markets to foster a vibrant, community-driven atmosphere. United Court delivers accessible and affordable housing solutions for low-income families while offering integrated employment support, vocational training, and employment assistance to enhance residents’ livelihoods. Addressing the Strain on Public Housing Supporting the HKSAR Government’s affordable housing efforts, we have provided a seven- year land lease for free in Yuen Long for the inaugural batch of Light Public Housing (LPH), a project undertaken in collaboration with the government. This pioneering initiative is set to provide around 2,100 units to individuals and families. Officially opened to welcome residents from March 2025, it stands as one of the Hong Kong’s earliest LPH developments to commence occupancy, marking a significant milestone in addressing urgent housing needs. The project’s innovative approach and social impact were recognized with the Leading Social Initiative Award at the ESG Leading Enterprises 2024, underscoring its role as a scalable model for sustainable, community-focused housing. Our contribution to the government’s Pilot Programme on Community Living Rooms includes a rent-free venue at Ko Shan Road, featuring convenient location, shared living space, social area, cooking and dining facilities and laundry facilities. Hong Yip will provide operational support, with SHKP volunteer team actively contributing to build a caring and inclusive community. More than 500 subdivided flat households are expected to benefit from the community living room, improving living standards and well-being for underprivileged families. 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