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MENU PLACES PEOPLE PARTNERS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) Innovation and Experimentation A creative mindset of innovation and experimentation is crucial to the successful execution of our SD 2030 Strategy. In 2022, we repeatedly demonstrated our commitment to innovation and experimentation. Innovation Accelerator Swire Properties’ Innovation Accelerator (“IA”) programme was established in 2020 to promote a culture of innovation and create a positive, collaborative community of Change Agents who enjoy extensive training, tailor-made workshops and a chance to incubate ideas with senior management. 2022 saw the programme celebrate Swire Properties’ 50th anniversary with a busy year of roundtables, training and sharing sessions. Fifteen roundtables were held through the year, raising awareness and helping participants acquire basic knowledge of artificial intelligence (“AI”), blockchain, cloud-based services, and big and small data. These events, attracting large numbers of virtual and face-to-face participants, promoted new collaborations between different committees, departments and stakeholders. Topics included a placemaking masterclass, insights from our strategic partnership with Tsinghua University on the Joint Research Centre for Building Energy Efficiency and Sustainability, and an introduction to robotic process automation which was followed by a workshop on how to “build your own bot”. Eight IA training initiatives were held in 2022 to reinforce the “three Is” Change Agent DNA, which are essential components of IA programme: the “three Is” – being “inquisitive”, “influential” and “impactful”. Interactive and experiential workshops were organised on various topics including design thinking, the growth mindset and agility, aiming to equip our employees with a customer-centric mindset during product and service design. The flagship Clockwise programme saw 16 ideas generated over the year and added to current IA projects by our Change Agents. Each of these ideas received a strong commendation and were followed up for future planning within the relevant business units. In late 2022, the IA programme finished recruiting the second cohort of 60 Change Agents who met the criteria of being openminded, willing to change and not afraid to challenge the status quo. An inauguration ceremony was held in December 2022 to mark the start of their journey. SUSTAINABLE DEVELOPMENT REPORT 2022 25

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