REVIEW OF OPERATIONS TAIKOO LI XI’AN Development Highlight cultural significance to Xi’an. It is located adjacent to the Small Wild Goose Pagoda, a UNESCO World Taikoo Li Xi’an Heritage site, as well as the Jianfu Temple, which Swire Properties announced a partnership with Xi’an was built in 684 AD during the Tang Dynasty. The Cheng Huan Cultural Investment and Development Co., site enjoys a good transportation network and is Ltd., a state-owned subsidiary of Xi’an Qujiang New conveniently located at the intersection of two District Management Committee, to develop Taikoo Li metro lines (Line 2 and Line 5). Xi’an, the Company’s seventh development in the The site will be developed into a retail-led project Chinese Mainland. featuring an innovative low-rise, open-plan Taikoo Li Xi’an sits on a site in the heart of downtown architectural design that exemplifies the brand Xi’an – at the south of Youyi Road, west of Chang’an DNA of Taikoo Li, and will comprise retail and cultural Road, north of Stadium North Road and east of facilities in addition to a luxury hotel, serviced Zhuque Street in Beilin district, with a total site area residences and business apartments. The estimated of approximately 1.3 million square feet. The site is gross floor area is approximately 3.0 million square located within the Small Wild Goose Pagoda historical feet (above ground and underground), subject to and cultural zone, a scenic area that has historical and further planning. The project is expected to be completed in 2025. 40 Swire Properties Limited Interim Report 2022