Percentage Capacity of Voting Shares Beneficial Interest (comprised Trust Total No. in the class) Personal Family Interest of Shares (%) Note Swire Pacific Limited ‘A’ shares L.K.L. Cheng 10,000 – – 10,000 0.0012 M.B. Swire 180,000 – 301,000 481,000 0.0556 (3) ‘B’ shares M.B. Swire 390,000 – 3,024,617 3,414,617 0.1161 (2) Notes: (1) N.A.H. Fenwick was a trustee of a trust which held 3,136,000 ordinary shares and 2,822,400 preference shares in John Swire & Sons Limited included under Trust interest and did not have any beneficial interest in those shares. (2) M.B. Swire was a trustee and/or a potential beneficiary of trusts which held 3,246,624 ordinary shares and 1,691,961 preference shares in John Swire & Sons Limited and 1,225,395 ‘B’ shares in Swire Pacific Limited included under Trust interest and did not have any beneficial interest in those shares. M.B. Swire was one of the executors of a will which held 1,799,222 ‘B’ shares in Swire Pacific Limited included under Trust interest and did not have any beneficial interest in those shares. (3) All shares held by M.B. Swire under Trust interest were held by him as one of the executors of a will and he did not have any beneficial interest in those shares. Other than as stated above, no Director or Chief Executive of Directors of Subsidiaries the Company had any interest or short position, whether The names of all directors who have served on the beneficial or non-beneficial, in the shares or underlying shares boards of the subsidiaries of the Company during the and debentures of the Company or any of its associated year ended 31st December 2022 or during the period corporations (within the meaning of Part XV of the SFO). from 1st January 2023 to the date of this Report are Neither during nor prior to the year under review has any kept at the Company’s registered office and made right been granted to, or exercised by, any Director of the available for inspection by the members of the Company, or to or by the spouse or minor child of any Company in accordance with Section 390(6) of the Director, to subscribe for shares, warrants or debentures of Companies Ordinance (Cap. 622 of the Laws of the Company. Hong Kong). Other than as stated in this report, no transaction, Permitted Indemnity arrangement or contract of significance to which the Group was a party and in which a Director or an entity connected Subject to the Companies Ordinance (Cap. 622 of the with a Director is or was materially interested, either directly Laws of Hong Kong), every Director is entitled under the or indirectly, subsisted during or at the end of the year. Company’s Articles of Association to be indemnified out At no time during the year was the Company, or any of its of the assets of the Company against all costs, charges, associated corporations, a party to any arrangements to expenses, losses and liabilities which he or she may enable the Directors of the Company to acquire benefits by sustain or incur in or about the execution or discharge of means of the acquisition of shares in or debentures of the his or her duties and/or the exercise of his or her powers Company or any other body corporate. and/or otherwise in relation to or in connection with his or her duties, powers or office. To the extent permitted Directors’ Interests in Competing by such Ordinance, the Company has taken out Businesses insurance against the liability and costs associated with defending any proceedings which may be brought None of the Directors or their respective close associates against directors of companies in the Group. has any competing interests which need to be disclosed pursuant to Rule 8.10 of the Listing Rules. 117 SWIRE PROPERTIES ANNUAL REPORT 2022