MANAGEMENT DISCUSSION & ANALYSIS REVIEW OF OPERATIONS HKRI TAIKOO HUI SHANGHAI At 31st December 2023, the top ten office tenants (based Beauty Farm, Donghong Runbao Medical, Elegant Prosper, on attributable gross rental income in the twelve months EVISU, Fosun Medical, Hermès, Intergulf, ITOCHU, Mintai ended 31st December 2023) together occupied Metal and SHURUI Robotics became tenants in 2023. approximately 45% of the Group’s total attributable office area in the Chinese Mainland. INDIGO, Beijing ONE INDIGO was 85% let at 31st December 2023. The main Taikoo Hui, Guangzhou tenants are technology, media and telecoms companies. There are two office towers in Taikoo Hui, Guangzhou. They Demand for office space in 2023 was weak and the were 92% let at 31st December 2023. Demand for office consolidation of technology, media and telecoms space in 2023 was weak and rents were under pressure. companies in Wangjing area of the Chaoyang district Canon, CapitaLand, Dior, Fedex, HSBC, Medtronic, exerted downward pressure on rents. Disney, Eli Lilly, Microsoft, Roche, Samsung, SK, Sumitomo Corporation, Mitsubishi, Rolls Royce, Schlumberger and Western Cloud TOYOTA and UOB are tenants. Chanel, Everwin Law Firm, are tenants. AWOT Global Corporation became tenant Eyugame and SGLA Law Firm leased more space in 2023. in 2023. 50