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 Energy Energy Reduction 2025 KPI Progress Updates in 2022 • Reduction of electricity use intensity • Reduction of electricity use intensity (kWh/m2)18: (kWh/m2): Hong Kong portfolio19 Hong Kong portfolio 20%20 15% Chinese Mainland portfolio21 Chinese Mainland portfolio 13%20 9% • Continued to implement energy-saving measures throughout our Hong Kong and Chinese Mainland portfolios and hotels. Renewable Energy 2025 KPI Progress Updates in 2022 • Generate 4-6% of landlord’s building • Approximately 6% of landlord’s building energy from on-site renewable or clean energy will be supplied by renewable energy sources for selected newly sources at Two Taikoo Place. completed office projects • 100% of electricity at Sino-Ocean Taikoo Li Chengdu and The Temple House in Chengdu, as well as Taikoo Hui Guangzhou is procured from renewable sources. 18 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. 19 Our Hong Kong portfolio refers to our office and retail portfolio and hotels in Hong Kong. 20 Compared to the 2019 baseline. 21 Our Chinese Mainland portfolio refers to our office and retail portfolio and hotels in the Chinese Mainland. SUSTAINABLE DEVELOPMENT REPORT 2022 162