About This Report

Reporting Period and Reporting Scope

This Report is the 5ᵗʰ Sustainability Report (“the Report”) of the Group. The Reporting Period covers the Group’s financial year 2023/24 (“FY2023/24”) from 1 July 2023 to 30 June 2024. The sustainability data and information focus on our key businesses, including Property Services and Nina Hospitality. During the Reporting Period, the reporting scope includes the headquarters office, 32 commercial, retail, industrial and residential properties and seven hotels and residences, where the Group has the majority of financial ownership and operational control.

Reporting Standards and Principles

The Report is prepared in accordance with the Global Reporting Initiative (“GRI”) Standards and the Environmental, Social and Governance Reporting Code (“the HKEX ESG Reporting Code”), formerly named as the Environmental, Social and Governance Reporting Guide (version effective since 31 December 2023), as set out in Appendix C2 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. We have also prepared this Report with reference to the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (“IFRS S1”) and IFRS S2 Climate-related Disclosures (“IFRS S2”) issued by the International Sustainability Standards Board (“ISSB”), the Task Force on Climate-related Financial Disclosures (“TCFD”) recommendations, the Taskforce on Naturerelated Financial Disclosures (“TNFD”) recommendations, and the Transition Plan Taskforce (“TPT”) Disclosure Framework. We have followed the Reporting Principles as recommended by GRI Standards and as set out in the HKEX ESG Reporting Code to define the report content and to ensure the quality of information presented in this Report, including:

Materiality

We conduct double materiality assessments and stakeholder engagements to identify material sustainability and financial issues.

Quantitative

We provide quantitative figures and give updates on performance indicators.

Balance

We disclose positive and negative impacts of our performance and areas for further improvements.

Consistency

We keep consistency in the use of reporting standards and methodologies. Explanations are provided where applicable.

External Assurance

We obtained external independent assurance for the content of this Report. Hong Kong Quality Assurance Agency (“HKQAA”) was engaged to provide reasonable assurance and ensure the Report was prepared in accordance with the GRI Standards and the HKEX ESG Reporting Code, and with reference to the TCFD recommendations, the TNFD recommendations, IFRS S1 and IFRS S2 issued by the ISSB, and TPT Disclosure Framework. The scope of work carried out by HKQAA is set out in their verification statement.