MANAGEMENT DISCUSSION & ANALYSIS | REVIEW OF OPERATIONS ATTRIBUTABLE GFA COMPLETED INVESTMENT (000 sq. ft.) PROPERTY AND HOTEL 35,000 PORTFOLIO BY TYPE 30,000 25,000 20,000 15,000 Office Hotels/Residential/ Sericed aartents 10,000 Retail nder lannin 5,000 0 2022 2023 2024 2025 2026 2027 2028 2029 and later HK$100 BILLION Commitment for new projects INVESTMENT PLAN 39% COMMITTED Hong Kong investment properties Chinese Mainland investment properties Committed Residential trading projects Remaining target (including in South East Asia) 0 10 20 30 40 50 Target (HK$ Bn) In March 2022, the Company announced a plan to invest development in Sanya, office and other commercial use HK$100 billion over ten years in development projects in developments at 8 Shipyard Lane and at 1067 King’s Road Hong Kong and the Chinese Mainland and in residential in Hong Kong, the acquisition of the remaining 50% trading projects (including in South East Asia). The target interests in Sino-Ocean Taikoo Li Chengdu and the allocation is HK$30 billion to Hong Kong, HK$50 billion to acquisition of a 40% interest in a residential development the Chinese Mainland and HK$20 billion to residential in Bangkok. Uncommitted projects include further retail-led trading projects (including in South East Asia). At 7th mixed-use projects in Tier 1 and emerging Tier 1 cities in March 2023 approximately HK$39 billion of the planned the Chinese Mainland (with a letter of intent and a investments had been committed (HK$17 billion to the framework agreement having been signed in relation to Chinese Mainland, HK$11 billion to Hong Kong and HK$11 projects in Guangzhou and Beijing and a plan to double billion to residential trading projects). Major committed gross floor area in the Chinese Mainland), further projects are a retail-led mixed-use development in Xi’an, expansion at Pacific Place and Taikoo Place in Hong Kong residential developments at Chai Wan Inland Lot No. 178 and further residential trading projects in Hong Kong, the and at 269 Queen’s Road East in Hong Kong, a retail-led Chinese Mainland and South East Asia. 36