2022 Half-Year Results

Hong Kong Portfolio - Office Resilient performance underpinned by a flight to quality Jardine House, HK Exchange Square, HK | Investment Properties | 2022 Half-Year Results Average Rents & Vacancy 1H 2021 2H 2021 1H 2022 Average net rent 118 115 112 (HK$ psf/month) Period-end vacancy 6.4% 5.2% 5.4% Weighted average lease expiry 4.2 4.2 4.0 (years) Note: On a committed basis, vacancy at the end of Jun 2022 was 5.1% Expiration & Interim Rent Revisions 2H 2022 2023 2024 Total lettable office area subject to expiration/rent revisions 352 948 1,679 ('000 sq. ft) % of area subject to 8% 24% 41% expiration/rent revisions - Expiration 3% 13% 18% Rent revisions 5% 11% 23% Average expiring net rent 136 111 106 (HK$ psf/month) Central, HK 80

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