Taikoo Li Julong Wan Guangzhou is a retail development strategically located at the vibrant heart of the Baietan area in Guangzhou’s Liwan district. The area has emerged as the CBD of the Western Guangzhou, with Julong Wan playing a crucial role in its development. The project will be the Company’s sixth Taikoo Li project and first in the Greater Bay Area. It will embrace an innovative low-rise, open-plan and lane-driven design that embodies the distinctive brand DNA of Taikoo Li, and offer an unparalleled fusion of retail, local heritage, riverside natural elements, and cultural experiences. Development Highlights Activation Starts Estimated Completion Year Estimated Gross Floor Area Owners From end of 2025 From first half of 2027 Approximately 150,000 sqm Swire Properties (50%) Guangzhou Pearl River Enterprises Group (50%) TAIKOO LI JULONG WAN GUANGZHOU The development will enjoy excellent connectivity, with easy access to metro lines, including the only circle line in the city, which forms a convenient transportation network that connects various urban areas of Guangzhou. Taikoo Li Julong Wan Guangzhou will be part of a mixed-use development comprising offices and other commercial element to be developed by Guangzhou Pearl River Enterprises Group. The overall development is planned to be completed in phases beginning from the first half of 2027. New Commercial and Cultural Destination in Guangzhou 67 SWIRE PROPERTIES ANNUAL REPORT 2024