The following chart shows the percentage of attributable gross rental income from the office properties in the Chinese Mainland, for the month ended 30th June 2024, derived from leases expiring in the periods with no committed renewals or new lettings. Tenancies accounting for approximately 9.9% of the attributable gross rental income in the month of June 2024 are due to expire in the second half of 2024, with tenancies accounting for a further 21.1% of such rental income due to expire in 2025. Office Lease 80% Expiry Profile 70% (At 30th June 2024) 60% 50% 40% 30% 20% 10% 0 July – December 2024 2025 2026 and later Serviced Apartments Investment Properties Under Development There are 24 serviced apartments at the Mandarin INDIGO Phase Two, Beijing Oriental in Taikoo Hui Guangzhou, 42 serviced INDIGO Phase Two is an extension of the existing INDIGO apartments at The Temple House in Taikoo Li Chengdu development, with a GFA of approximately 4 million and 102 serviced apartments at The Middle House square feet. It will be an office-led mixed-use Residences in HKRI Taikoo Hui Shanghai. development and is planned to be completed in two The performance of the serviced apartments in the first phases, in 2025 and 2026. Basement and superstructure half of 2024 was mixed. Occupancy at the Mandarin works are in progress. The Group has a 35% interest in Oriental in Guangzhou, The Temple House in Chengdu INDIGO Phase Two as at 30th June 2024. and The Middle House Residences in Shanghai was 88%, In June 2024, the Group entered into an equity and debt 56% and 76% respectively at 30th June 2024. transfer agreement with the China Life group and the Chinese Mainland Serviced Apartments Sino-Ocean group, pursuant to which the Group and the Market Outlook China Life group have conditionally agreed to acquire a 14.895% and a 49.895% equity interest in the project The performance of the serviced apartments is expected company of INDIGO Phase Two, respectively, from the to remain stable in the second half of 2024. Sino-Ocean group. Completion of the acquisitions is subject to the satisfaction of certain conditions precedent. The acquisitions were completed in early August. Following the completion of the acquisitions, the Group’s interest in INDIGO Phase Two has increased from 35% to 49.895% and the China Life group owns a 49.895% interest in INDIGO Phase Two. 35