Taikoo Li Xi’an Sanya Taikoo Li Xi’an is located at the Small Wild Goose Pagoda Jointly developed with China Tourism Group Duty Free historical and cultural zone in the Beilin district of Xi’an Corporation Limited, the land in Haitang district of and is expected to be developed as a retail-led mixed-use Sanya with GFA of approximately 2.2 million square development comprising retail and cultural facilities, a feet is expected to be developed into a premium, hotel and serviced residences. The estimated GFA is resort-style, retail-led development including approximately 2.4 million square feet (above ground), underground parking and other ancillary facilities. The subject to further planning. The project is expected to be development will be Phase III of the Sanya International completed in phases from late 2025. The development is Duty-Free Complex. Excavation works are in progress. being done in collaboration with Xi’an Cheng Huan The project is expected to open in phases from 2025. Cultural Investment and Development Co., Ltd. The Group The Group has a 50% interest in this development. has a 70% interest in Taikoo Li Xi’an. The chart below illustrates the expected attributable area of the completed property portfolio in the Chinese Mainland. Attributable Area of Completed Property Portfolio in the Chinese Mainland Taikoo Li Sanlitun, INDIGO Phase Two, Beijing Beijing (2) Sino-Ocean Taikoo Li Taikoo Li Xi’an (1) Chengdu (3) Taikoo Hui, Guangzhou Sanya INDIGO, Beijing Hui Fang, Guangzhou HKRI Taikoo Hui, Others Shanghai Taikoo Li Qiantan, Shanghai (1) In February 2023, the Group acquired the remaining 35% interest in Sino-Ocean Taikoo Li Chengdu (to be renamed as Taikoo Li Chengdu with effect from 23rd August 2023). The Group’s interest increased from 65% to 100% after the transaction. (2) The development is expected to open in phases from late 2025. (3) The development is expected to open in phases from 2025. Others ZHANGYUAN, Shanghai In 2021, the Group formed a joint venture management company with Shanghai Jing’an Real Estate (Group) Co., Ltd. This company, in which the Group has a 60% interest, is engaged in the revitalisation and management of the ZHANGYUAN shikumen compound in the Jing’an district of Shanghai. When the revitalisation is completed, the compound will have a GFA (including car parking spaces) of 591,189 square feet above ground and 738,066 square feet underground. There are over 40 shikumen blocks, with about 170 two or three-storey houses. There are connections to three metro lines and to HKRI Taikoo Hui. The first phase (the West zone) was completed and opened in November 2022. Construction and renovation at the second phase (the East zone) are in progress. The second phase is planned to be completed and opened in 2026. The Group does not have an ownership interest in the compound. 35