MENU PLACES PEOPLE PARTNERS PERFORMANCE PEPERFORFORRMMAANNCCEE (ENVIRONMENT) ((EECCONOONOMMIICC)) Performance (Economic) 2022 Progress Corporate Governance Risk Management and Internal Controls Green Financing Investor Relations Continuously Reviewing our ERM System Our Enterprise Risk Management (“ERM”) system helps us identify, analyse and manage business risks. Risk identification, analysis and management processes are completed on a regular basis throughout the year and the results help to guide our business decisions. Our Corporate Risk Register ("CRR") incorporates ESG-related risks, such as climate-related risks. We have also integrated SD factors into our corporate risk analysis. In 2022, we started our journey to digitalise our CRR dashboard and risk scoring model. The new digitalised CRR platform offers a standard template for updating risk details, risk scoring and risk mitigating measures. With this new digitalised platform, benchmarking across Swire Group will become easier. In the next phase, we plan to optimise the system and the reporting protocol. Swire Properties’ management will also continue to monitor and conduct regular reviews of risks and the effectiveness of mitigation strategies. External risk advisors will regularly be consulted for their risk management experience, allowing us to keep abreast of the industry best practices. Risk Profile The following table provides an overview of our risk profile (listed in alphabetical order), including what we consider to be Swire Properties’ principal existing and emerging risks, possible associated impacts, risk trend and mitigation measures that are in place or under development. Existing Risks and Possible Impacts Risk Trend Mitigation Measures Brand and image • Crisis communication and social media policies The failure to maintain brand position are in place and are updated and tested regularly and perception may make us less to ensure consistent, responsible and responsive competitive. communication (including when handling major incidents) in order to safeguard the Company’s reputation. • Closely monitor social media in order to evaluate and provide responses to negative social media content. • Engagement with third parties to understand their perceptions of the Company and to anticipate current and potential economic, political, social or environmental issues that may adversely affect our reputation. SUSTAINABLE DEVELOPMENT REPORT 2022 253