HONG KONG SAR - Media OutReach Newswire - 18 December 2023 - Hang Lung Properties (SEHK stock code: 00101) ("Hang Lung" or the "Company") garnered over 35 prestigious ESG awards in 2023, earning widespread recognition across Hong Kong and mainland China. These accolades serve as a testament to the Company's commitment to sustainable business growth while prioritizing the development and wellbeing of its employees and the communities it serves.

Sustainable Practices

Hang Lung's dedication to sustainability has earned prestigious awards, including The Hong Kong Management Association Hong Kong Sustainability Award 2023 – Distinction Award (Large Organization Category) and the Hong Kong ESG Reporting Awards (HERA) 2023 Grand Award for Excellence in Environmental Positive Impact. Hang Lung drives collaboration and innovative programs with the support of its tenants, suppliers, and customers, at both corporate and local levels, to advance sustainability goals and support government green policies. Notable achievements include:

1. Being the first real estate company in Hong Kong and mainland China to receive approval from the Science Based Targets initiative (SBTi) to drive emissions reduction investments and efforts across its operations.
2. Joining hands with LVMH Group, Hang Lung to accelerate positive action for climate and sustainability in real estate and retail.
3. Parc 66 in Jinan, following the success of Spring City 66 in Kunming, becoming 100% powered by renewable energy.

Inclusive Community & Employee Wellbeing

Hang Lung has successfully implemented a wide range of community investment programs addressing women's empowerment, youth development and elderly services through partnerships with tenants, business partners, and NGOs. These initiatives have received significant recognition, including the Bronze Award in the Corporate Social Responsibility Category at the 19^th China Golden Awards for Excellence in Public Relations organized by the China International Public Relations Association (CIPRA), the Supporting Organization Award in the "Strive and Rise Programme" and the Corporate Social Responsibility Model Award at the 12^th China Finance Summit. Notable initiatives include:

1. The inaugural Hang Lung Future Women Leaders Program empowered over 180 female university students across the nation through leadership training and mentorship, enabling them to develop their personal and professional potential, and build confidence for growth.
2. In support of the "Strive and Rise Programme" initiated by the HKSAR government, the Company organized job shadowing activities and sharing sessions for underprivileged students for upward mobility.
3. Partnering with HKYWCA to improve the cognitive abilities of the elderly living with dementia and provide support for carers through the "Love·No·Limit" Dementia Friendly Program.

Hang Lung has also gained significant recognition for its exceptional human resource management, including the Best Companies to Work For in Asia 2023 award from HR Asia, and the Grand Prize Award 2020-2022 by Hong Kong Employees Retraining Board, signifying Hang Lung's unwavering commitment to fostering a diverse corporate culture and promoting employee wellbeing.

Governance and Transparency

Hang Lung's Legal and Secretarial Team has been included in the 2023 GC Power List by The Legal 500, highlighting the Company's excellence in integrity and corporate governance. In addition, the Company's 2022 Annual Report has received a total of 14 awards, earning recognition from highly respected awarding bodies, including the 2023 Hong Kong Management Association Best Annual Reports Awards – Excellence Report Award, and the Best Annual Report – Bronze Stevie Award (Publicly-held Corporations) at the 2023 International Business Awards.

Details of the awards

Sustainability Awards

Organization	Award
The Hong Kong Management Association (HKMA)	Hong Kong Sustainability Award 2023 – Distinction Award (Large Organization Category)
	2023 HKMA Best Annual Reports Awards – Excellence Award in Environmental, Social and Governance Reporting
Hong Kong ESG Reporting Awards (HERA) 2023	Grand Award for Excellence in Environmental Positive Impact
	Commendation for Best ESG Report – Large Cap
	Commendation for Carbon Neutral Award
Hong Kong Quality Assurance Agency	Green and Sustainability Contribution Awards 2023 – Gold Seal for Contribution to Sustainable Property / Facility – Promote Environmental Protection
Yicai	China Green Point – Sustainable Practice Case of the Year 2023
	China Green Point – Gravity Point – 10 Green Life Models in the Eyes of Consumers
BRE China Awards 2023	BREEAM & GRESB Joint Awards in the Category of ESG Leadership Awards
	BREEAM Commercial Award – Leadership
Hong Kong Institute of Certified Public Accountants	Best Corporate Governance and ESG Awards 2023 – Special Mention in the Most Sustainable Companies or Organisations (MSCO) Award (Non-Hang Seng Index (Medium Market Capitalization) Category)
Occupational Safety & Health Council	22nd Hong Kong Occupational Safety & Health Award – OSH Report Award – Bronze award

Community Investment Awards

Organization	Award
China International Public Relations Association (CIPRA)	The 19th China Golden Awards for Excellence in Public Relations – Bronze Award (Corporate Social Responsibility Category)
Strive and Rise Programme	Supporting Organisation Award
The 12th China Finance Summit	2023 Corporate Social Responsibility Model Award
Hong Kong Council of Social Service	The 13th consecutive year receives the Caring Company Logo
Social Responsibility Conference	2023 Top CSR Company

HR Awards

Organization	Award
HR Asia	Best Companies to Work for in Asia 2023
Employees Retraining Board	Grand Prize Award 2020-2022
JobsDB HK	The Hong Kong HR Awards – Employer of the Year
	The Hong Kong HR Awards – Learning & Development Award

Governance and Transparency Awards

Organization	Award
The Legal 500	2023 GC Power List
The Hong Kong Management Association (HKMA)	2023 HKMA Best Annual Reports Awards – Excellence Report Award
2023 International Business Awards	Best Annual Report – Bronze Stevie Award (Publicly-held Corporations)
2023 Galaxy Awards	Design: Annual Reports: Grand Award
	Design: Annual Reports: Traditional – Asia/Pacific – Gold
	Copywriting: Annual Reports – Overall – Silver
IADA Award 2023	Integrated Presentation – Silver
	Cover Design – Honor
2023 iNOVA Awards	Online Annual Reports – Real Estate – Silver
2023 ARC Awards	Cover Photo/Design: Real Estate Development – Silver
	Interactive Annual Report: Real Estate Development – Honors
LACP 2022 Vision Awards	Gold Award
	Top 50 Chinese Reports
	Top 80 Reports in the Asia Pacific Region
	Technical Achievement Award

To explore the Company's full list of achievements, please visit Awards & Recognition.

Hashtag: #HangLung

The issuer is solely responsible for the content of this announcement.

About Hang Lung Properties

Hang Lung Properties Limited (SEHK Stock Code: 00101) creates compelling spaces that enrich

lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified.

portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the "66" brand, the company's Mainland portfolio has established its leading

position as the "Pulse of the City". Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting

customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit www.hanglung.com.