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Investor Presentaiton

Strong Retail Pipeline on the Chinese Mainland 5 CENTRAL series malls (1 in operation) | 7 The Ring series malls (1 in operation) THERING 光环 Beijing 2018 Nanjing 2024(E) 2018 2021 2024 2025 Chongqing 2026(E) Suzhou 2026(E) Shanghai 2027(E) 2026 2027 *E: Expected Chongqing 2021 Chengdu 2024(E*) Shanghai 2025(E) Nanjing 2025(E) Chongqing 2025(E) Hangzhou 2025(E) Expected attributable NLA of retail portfolio (CENTRAL and THE RING series), 2024-2028 ('000 sq. m.) THE RING series ■CENTRAL series Existing 338 253 172 229 52 29 137 29 29 172 172 172 2023 2024 2025 Note: As at 30 June 2023 | Key Updates | 2023 Half-Year Results 528 532 421 193 197 137 163 163 112 172 172 172 2026 2027 2028 Wuhan 2027(E) ↑ 209% NLA (vs. 2023) 60
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