Investor Presentaiton

III Optimizing landbank structure focusing on tier 1&2 cities With a niche focus on the Greater Bay Area and strategic priority over tier 1&2 cities, Aoyuan has a strategic layout in South China, core region of Central & Western China, East China and Bohai Rim As of 30 Jun 2021, Aoyuan's projects spanned 95 onshore and offshore cities with total GFA of approx. 53.58mn sqm (attributable: 67%) and total saleable resources of approx. RMB593.9bn. Total saleable resources including urban redevelopment projects amounted to RMB1,348.2bn, which is sufficient for the development needs in the next 4-5 years Hidden gem of landbank building momentum With land certificate Total saleable resources in landbank RMB593.9bn Total saleable resources in landbank RMB754.3bn Urban redevelopment Est. gross margin: 35%-40% Land bank breakdown by region By saleable resources with land certificate: RMB593.9bn By saleable resources including URP: RMB1,348.2bn Offshore 4% Bohai Rim 8% Offshore 2% East China 10% Bohai Rim 18% Core region South China 35% of Central & Western Core region China 10% South China 70% East China 22% of Central & Western China 21% Landbank breakdown by city tiers By saleable resources Urban redevelopment included 84% 16% Current Expected Urban redevelopment excluded 63% 37% 0% 20% 40% 60% 80% 100% ■Tier 1&2 and international cities Tier 3&4 cities 30

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