47 SWIRE PROPERTIES ANNUAL REPORT 2024 Taikoo Hui, Guangzhou Taikoo Hui is in the Tianhe district of Guangzhou. Its mall is a popular shopping centre in Guangzhou. BOTTEGA VENETA, Cartier, CELINE, CHANEL, DIOR, FERRAGAMO, Gucci, Hermès, I.T, LAOPU GOLD, LOUIS VUITTON, Saint Laurent, Van Cleef & Arpels, UNIQLO, Victoria’s Secret, Fangsuo and Olé Supermarket are tenants. Aesop, American Vintage, BREGUET, BYREDO, CONSOMMÉ, CREED, CURIEL, Dim bar, Diptyque, glance, HEFANG Jewelry, IRO, L’Artisan Parfumeur, LADERACH, LE LABO, LOEWE, MOODY TIGER, MIKIMOTO, NARS, Penhaligon’s, RUXU, SALOMON, The North Face, UNDERBOBO, and Vivienne Westwood became tenants in 2024. Retail sales and gross rental income at Taikoo Hui decreased by 11% and 6%, respectively, in 2024, reflecting the increased outbound travel. There were improvements in the tenant mix. The mall was 100% let at 31st December 2024. In August 2024, Taikoo Hui successfully bid for No. 387 Tianhe Road in a public auction, with an approximate GFA of 655,000 square feet, which is connected to its shopping mall. The property will be renovated as a luxury retail addition to Taikoo Hui and the refurbishment is expected to be completed from 2027. Taikoo Li Chengdu Taikoo Li Chengdu is in the Jinjiang district of Chengdu and is part of the Chunxi Road/Daci Temple shopping district. It is our second Taikoo Li project in the Chinese Mainland. Apple, BALENCIAGA, Boucheron, Cartier Maison, DIOR, Gucci, Harry Winston, Hermès, I.T, LOUIS VUITTON Maison and The Hall by LOUIS VUITTON, Moncler, MUJI, World of Ralph Lauren, Fangsuo, Olé Supermarket and a 1,720-seat Palace-j’aime cinema are tenants. In 2024, over 60 brands opened new stores or upgraded to their latest concept stores including Aesop, Abercrombie & Fitch, Birkenstock, DIOR, Falconeri, Goldwin, Goyard, Huawei, Lemaire, LE LABO, LOEWE flagship store, Montblanc flagship store, RIMOWA, Tiffany & Co. flagship store, and Song Restaurant and Café. Disregarding the impact arising from the incremental shareholding acquired at Taikoo Li Chengdu in February 2023, retail sales decreased by 14% in 2024 while gross rental income was on par with 2023, reflecting disruption caused by the reconfiguration works to facilitate tenant mix upgrade. The Group continues to reinforce the development as a premium shopping and leisure destination. The development was 96% let at 31st December 2024. TAIKOO LI CHENGDU C H E N G D U