2022 Half-Year Results

Strong Retail Portfolio Growth on the Chinese Mainland Expected attributable NLA of retail portfolio, 2022-2026 ('000 sq. m.) 245 203 171 355 157% (vs. 2022) 439 2022 2023 2024 2025 2026 Existing ■JL CENTRAL ■Galaxy Midtown Yue City ■WE City Dream Land ■Central Avenue Eternal Land ■ West Bund ■Hangzhou Bay | Retail Portfolio Growth | 2022 Half-Year Results TIFFANY&CO WF CENTRAL, BEIJING • Fourth anniversary Welcomed a host of international world- class luxury brands (Cartier, Tiffany & Co.) Elevated dining experiences 18

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