Southeast Asia Property Development Overview

Key Business Units. Malls' Expansion Program SM CITY 2023 Malls Expansion 2023 New Malls Name SM City Bataan GFA (sqm) Name CITY 46,000 SM City Bacolod (Opened May 2023) SM Center San Pedro 31,000 SM City Iloilo (Opened October 2023) SM City Sto. Tomas 110,000 (Opened October 2023) • This 2023, SM Prime opened three new malls and will expand existing malls. • These added over 190,000 sqm of gross floor area in the Company's mall portfolio. ● Available landbank of almost 350 hectares which is good for over the next 5 to 7 years. SHI GFA (sqm) 6,000 2,000

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