Our Hong Kong portfolio, Chinese Mainland portfolio and U.S.A. portfolio refer to office and retail portfolio in Hong Kong, the Chinese Mainland and Miami, U.S.A. respectively, excluding hotels.

Hotels refer to Swire Hotels, serviced apartments and Swire Restaurants in Hong Kong, the Chinese Mainland and Miami, U.S.A.

ZHANGYUAN is newly included in 2023. Includes Shanghai Kaiye Commercial Management Company Limited only, a joint venture management company between Swire Properties and Shanghai Jing'an Real Estate (Group) Co., Ltd.

Denotes sustainability data that has been reported on by Deloitte Touche Tohmatsu. Please refer to the Independent Limited Assurance Report for further details.

Data on permanent and fixed term/temporary employment contract are reported since 2017 in accordance with the GRI General Disclosure 2-7.

Total new hires applies to permanent employees only. New hires rate is calculated as “total number of new hires (permanent employees) in the reporting year divided by total number of permanent employees as of 31 Dec of the reporting year and then multiplied by 100% ”.

Voluntary turnover applies to permanent employees only. Voluntary turnover rate is calculated as “total number of permanent employees voluntarily leaving employment during the reporting year divided by total number of permanent employees as of 31 Dec of the reporting year and then multiplied by 100%”.

Total turnover applies to permanent employees only. Total turnover rate is calculated as “total number of permanent employees voluntarily and involuntarily leaving employment during the reporting year divided by total number of permanent employees as of 31 Dec of the reporting year and then multiplied by 100%”.

Return to work rate is calculated as “total number of employees who did return to work after parental leave divided by total number of employees due to return to work after taking parental leave and then multiplied by 100%”.

Lost time injury rate (“LTIR”) (employee) represents the number of injuries per 100 employees per year. It is calculated as “total number of injuries multiplied by 200,000 and then divided by total hours worked”. The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.

Rate of high-consequence injuries represents the number of high-consequence injuries per 100 employees per year. It is calculated as “total number of high-consequence injuries multiplied by 200,000 and then divided by total hours worked”. The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.

Lost day rate (“LDR”) (employee) represents the number of lost scheduled working days per 100 employees per year. It is calculated as “total days lost multiplied by 200,000 and then divided by total hours worked.” The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.

Absentee rate is calculated as number of actual days lost divided by number of scheduled work days in the reporting year. Lost days due to work-related injuries has been included in the calculation of absentee rate since 2019.

An employee fatality is a loss of life of an employee as the result of a work-related incident.

Rate of fatalities represents the number of fatalities per 100 employees per year. It is calculated as “total number of fatalities multiplied by 200,000 and then divided by total hours worked”. The factor 200,000 is the annual hours worked by 100 employees, based on 40 hours per week for 50 weeks a year.

Calculated based on percentage of employees.

Lost time injury rate (“LTIR”) (contractor) represents the number of injuries per 100 contractor workers per year. It is calculated as “total number of injuries multiplied by 200,000 and then divided by total hours worked”. The factor 200,000 is the annual hours worked by 100 contractor workers, based on 40 hours per week for 50 weeks a year.

Accident rate (contractor) represents the number of reportable accidents per 1,000 contractor workers. It is calculated as “total number of reportable accidents multiplied by 1,000 and then divided by average daily number of contractor workers on- site”.

A contractor fatality is defined as a loss of life of a contractor or subcontractor employee as the result of an incident occurring when the contractor or subcontractor employees are conducting work for our Company.

Included Hong Kong secondees working in Singapore, Jakarta and Papua New Guinea.

Included training received in the past three years.

The data has been adjusted to reflect actual situation.