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Substantial Shareholders

Substantial Shareholders' Interests in Shares as of January 24, 2025*

Name
Number of Shares
%
Chan Tan Ching Fen;
         Cole Enterprises Holdings (PTC) Limited; and
         Merssion Limited		522,423,08038.37 (Note 1)
Adriel Chan
551,752,580    40.52 (Note 2)
Silchester International Investors LLP 
110,342,000 
8.10 
Dodge & Cox105,320,900
7.73

*In accordance with Notices filed by individuals/corporations pursuant to the Securities and Futures Ordinance

Note 1

Merssion Limited (the Trust) held these shares of Hang Lung Group Limited. Chan Tan Ching Fen (founder of the Trust) and Cole Enterprises Holdings (PTC) Limited (trustee of the Trust) have deemed interest in the same parcel of shares held by the Trust.

The following subsidiary of Merssion Limited, being a holder of 5% or more (directly or indirectly), notified its interests as follows:

Name
Number of Shares
%
Kingswick Investment Limited    
103,609,000
7.61

These shares have already been included in the 522,423,080 shares held by Merssion Limited.

Note 2

Adriel Chan has personal interest in 750,000 shares and deemed interest in 522,423,080 shares (being a discretionary beneficiary of the Trust) and 28,579,500 shares (being a settlor and discretionary beneficiary of another trust) as of January 24, 2025.