MENU PLACES PEOPLE PARTNERS PERFORMANCE PEPERFORFORRMMAANNCCEE (ENVIRONMENT) ((EECCONOONOMMIICC)) Performance (Economic) 2022 Progress Corporate Governance Risk Management and Internal Controls Green Financing Investor Relations Remuneration Policy HKEX Swire Properties is committed to providing fair and competitive staff compensation programmes that will Aspect B1 attract, motivate, retain and reward employees at all levels, including our Executive Directors and senior management. The Remuneration Policy documents key remuneration principles developed to support the Company’s strategy and is aligned with the Company’s corporate values. This policy ensures that the Company has a consistent, transparent and clear approach to remuneration considerations. The policy is founded on the following key principles: • That compensation is competitive in the market. • That pay is based on individual performance. • Equity and fairness in pay. • Transparency of employee performance. • The Company’s affordability. • The Company’s financial and individual performance. • Options for pension scheme are provided as part of retirement benefits. The Remuneration Committee reviews and approves the remuneration proposals with respect to our Executive Directors and senior management, with reference to the Remuneration Policy and the Board’s corporate goals and objectives. The remuneration proposals of our Executive Directors and senior management will be reviewed annually, based on market data and peer comparison prepared by independent external consultants. No Executive Director or senior management takes part in any discussion about his or her own remuneration. The remunerations of individual Executive Directors and senior management by band is disclosed in the Annual Report of the Company. SUSTAINABLE DEVELOPMENT REPORT 2022 248