MENU PLACES PEOPLE PARTNERS PEPERRFOFORRMMAANNCCEE PERFORMANCE ((ENENVVIIRROONNMENMENTT)) (ECONOMIC) Performance (Environment) Policies 2022 Progress Profile of Environmental Impacts Climate Change Energy Resource and Circularity Water Biodiversity Occupant Wellbeing Building/Asset Investments Resource and Circularity Resource Recycling and Waste Diversion 2025 KPI Progress Updates in 2022 Waste diversion rates from landfills: Waste diversion rates from landfills: • Hong Kong portfolio (including hotels) • Hong Kong portfolio (including hotels) 30% of commercial waste 25.4% of commercial waste • Hong Kong (projects under development) • Hong Kong (projects under development) 85% of demolition waste 94.6% of demolition waste for 6 70% of construction waste Deep Water Bay Road 81.7% of construction waste for EIGHT STAR STREET 89.3% of construction waste for Two Taikoo Place • Chinese Mainland (projects under • Chinese Mainland (projects under development) development) 50% of total waste22 84.5% of construction waste for Taikoo Li Qiantan 60.3% of construction waste for Taikoo Li Sanlitun West extension Waste recycling rate: Waste recycling rate: • Chinese Mainland portfolio (including • Chinese Mainland portfolio (including hotels) hotels) 40% of commercial waste 44.8% of commercial waste 22 The waste diversion rate from landfill for Chinese Mainland projects under development is calculated in accordance with LEED requirements. Flexibility will be allowed for projects not wholly-owned by the Company, and for projects with major contractor(s) already on board. SUSTAINABLE DEVELOPMENT REPORT 2022 163