11 SWIRE PROPERTIES ANNUAL REPORT 2024 We aim to continue to design, construct and manage high quality developments that contribute positively to the environment and the communities in which we operate. Climate Change 2025 KPI 2024 Progress Absolute GHG emissions (Scope 1 and Scope 2)7: 25% 40% 2030 KPI 2024 Progress Value chain GHG emissions Scope 3 – Downstream Leased Assets:8 28% per square metre 54% Scope 3 – Capital Goods:9 25% per square metre 18% Energy 2025 KPI 2024 Progress Reduction of electricity use intensity7, 10 Hong Kong Portfolio11 20% Chinese Mainland Portfolio11 13% Hong Kong Portfolio11 19% Chinese Mainland Portfolio11 9% Resource and Circularity 2025 KPI 2024 Progress Commercial waste diversion rate Hong Kong Portfolio11 30% Chinese Mainland Portfolio11 40% Hong Kong Portfolio11 28% Chinese Mainland Portfolio11 45% Building/Asset Investment 2025 KPI 100% of wholly-owned12 new development projects to achieve the highest environmental building assessment scheme rating 2024 Progress 100% of new development projects12 achieved the highest ratings 93% of wholly-owned existing developments12 achieved the highest ratings We aim to deliver sustainable economic performance coupled with good corporate governance and high ethical standards. Financial Performance HK$6,768 million in underlying profit attributable to shareholders Green Financing 2025 KPI Achieve a minimum of 50% of bond and loan facilities from green financing 2024 Progress ~70% of current bond and loan facilities are from green financing Issued green bonds, valued at ~HK$6.9 billion, of which RMB3.5 billion was issued by way of a dim sum bond Corporate Governance 2025 KPI Maintain no less than 30% of female representation on our Board 2024 Progress 35.7% of our Board positions are held by female members Disclosures and Recognitions We published our first integrated Climate and Nature-related Financial Disclosures as per Part D: Climate-related Disclosures of the HKEX ESG Code, ISSB IFRS S2 Climate-related Disclosures and TNFD recommendations Ranked No.1 globally, Member of the World Index – 8th consecutive year S&P Sustainability Yearbook Global Sector Leader – 8th consecutive year Ranked No. 1 – 7th consecutive year, “AAA” rating 5 Products that meet specific sustainability criteria such as green certification or accreditation by reputable, independent third parties. 6 Measured by occupied lettable floor area (“LFA”) of office portfolios at 100% basis comprising of Taikoo Place and Pacific Place in Hong Kong and Taikoo Hui Guangzhou. 7 Compared to the 2019 baseline. 8 Compared to the 2018 baseline. 9 Compared to baseline year 2016-2018. Partners Performance (Environment) Performance (Economic) Performance (Environment) Performance (Economic) 10 The 2025 KPIs under Energy have been updated per our approved 1.5°C-aligned SBT. Energy Use Intensity has been renamed to “Electricity Use Intensity” in 2022 to reflect the use of electricity for the provision of shared services for and in the common parts of our buildings. The actual scope of this KPI remains unchanged. 11 Hong Kong portfolio and Chinese Mainland portfolio refer to our office and retail portfolios and hotels in Hong Kong and the Chinese Mainland respectively. 12 Joint venture projects and trading properties are excluded. SEHK:1972 2024-2025 sector leader 2024