SWIRE PROPERTIES ANNUAL REPORT 2023 Profit Attributable to HK$M The Company’s 36,000 Shareholders 30,000 24,000 Property Hotels 18,000 investment 12,000 Property Change in fair trading value of investment 6,000 properties 0 Total attributable profit Total underlying profit -6,000 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Total Equity and HK$M Net Debt 350,000 300,000 250,000 200,000 Total equity 150,000 Net debt 100,000 50,000 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Returns on % Average Equity 20 15 10 5 Group Group – underlying 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 15