"Our vision is to be the leading sustainable development performer in our industry globally by 2030." Guy Bradley Chairman A TOTAL BUILDING LIFECYCLE APPROACH SWIRE PROPERTIES' GREEN PERFORMANCE PLEDGE These SD actions and strategies are unified by our long-term vision, In 2021, Swire Properties became the first real estate developer in where we carefully consider the social and environmental impact Hong Kong and the Chinese Mainland to have its 1.5°C-aligned that will occur throughout the entire lifecycle of our buildings. science-based target (SBTis) approved by Science Based Target Our holistic, integrated approach brings design, construction, initiative. management and operations teams together, reducing impact and This means we pledge ourselves to ambitious climate action to set creating efficiencies at every level in our properties. our emission reduction targets to align with limiting global warming to 1.5°C; which is the crucial pathway to setting targets to reach net- DESIGN OPERATION zero emissions by 2050. Apart from aligning with the Paris Agreement Scope 1 and 2 decarbonisation targets, these SBTs also involve Scope 3 targets, which take aim at tenants’ carbon emissions and embodied carbon emissions of new development projects. Echoing Hong Kong and the Chinese Mainland's pledges to achieve carbon neutrality by 2050 and 2060 respectively, as part of its Sustainable Development (SD) 2030 Strategy, Swire Properties original Green Performance Pledge (GPP) continues to grow rapidly in popularity, helping our office tenants take their overall SD performance to new levels. Swire Properties aims to engage 50%* of office tenants in Hong Kong and the Chinese Mainland by 2025 to drive sustainability performance in DEMOLITION MAINTENANCE collaboration with our tenants, to help them achieve their sustainable development goals. *Measured by occupied lettable floor area (“LFA”) of office portfolio at 100% basis comprising Taikoo Place and Pacific Place in Hong Kong, as well as Taikoo Hui in Guangzhou. SWIRE PROPERTIES PAGE 29