Investor Presentaiton

Hong Kong Portfolio - Retail Strong recovery post pandemic BaseHall 02, Jardine House Cardinal Point, Forty-Five, LANDMARK Average Rents & Vacancy 1H 2022 2H 2022 1H 2023 Average net rent¹ 168 181 204 (HK$ psf/month) Period-end vacancy² 0.9% 0.5% 1.7% Weighted average lease expiry (years) 1.7 1.8 1.6 Estimated tenant sales growth -2% -2% +72% Vogue Fashion Night Out, LANDMARK (vs. same period PY) JEON SOMI LAKONARK VOGUE VEND Vogue Fashion Night Out, LANDMARK | Investment Properties | 2023 Half-Year Results Note 1: Excluding the impact of rent relief, average net rents in 1H 2022 and 2H 2022 were HK$191 and HK$191, respectively. Note 2: On a committed basis, vacancy at the end of Jun 2022, end of Dec 2022 and at the end of Jun 2023 was 0.3%, 0.5% and 1.2%, respectively 12

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