Substantial Shareholders

Substantial Shareholders' Interests in Shares as of December 31, 2023*

Number of Shares
Chan Tan Ching Fen;
         Cole Enterprises Holdings (PTC) Limited; and
         Merssion Limited
2,783,898,34061.87 (Note 1)
Adriel Chan2,783,898,340    61.87 (Note 2)
Hang Lung Group Limited    2,755,565,240 (Note 3)   61.24

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

Note 1

Interests represent 28,333,100 shares held by Merssion Limited (the Trust) and its deemed interest in shares held by 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 the shares held by the Trust and Hang Lung Group Limited.

Note 2

Adriel Chan (discretionary beneficiary of the Trust) has deemed interest in 2,783,898,340 (61.87%) held by the Trust and Hang Lung Group Limited.

Note 3

Including the following shares held by the wholly-owned subsidiaries of Hang Lung Group Limited:

Number of Shares
Prosperland Housing Limited1,267,523,511
Purotat Limited
Curicao Company Limited