GROSS RENTAL INCOME HK$M AFTER DEDUCTION OF 14,000 RENTAL CONCESSIONS 12,000 10,000 Hong Kong Chinese 8,000 office Mainland 6,000 Hong Kong U.S.A. and retail elsehere 4,000 Hong Kong 2,000 residential 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 estated estated UNDERLYING HK$M OPERATING PROFIT 27,000 24,000 21,000 18,000 15,000 12,000 Property Hotes 9,000 investment 6,000 3,000 Property ivestment 0 tradin -3,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 estated estated ATTRIBUTABLE GFA COMPLETED INVESTMENT (000 sq. ft.) PROPERTY AND HOTEL 35,000 PORTFOLIO BY LOCATION 30,000 25,000 Hong Kong 20,000 15,000 Chinese Mainland 10,000 U..A. 5,000 0 2022 2023 2024 2025 2026 2027 2028 2029 and later SWIRE PROPERTIES ANNUAL REPORT 2022 35