About WHARF HOLDINGS Company

Wharf Holdings Limited ("Wharf," stock code: 4) was founded in 1886, making it the 17th company to be registered in Hong Kong and currently the seventh oldest enterprise in the territory. When the Hang Seng Index was launched in the 1960s, Wharf was among the original 30 constituent stocks. The Group has consistently upheld the "Building Tomorrow" philosophy, leveraging outstanding management and execution capabilities to operate a diversified portfolio spanning investment properties, development projects, and hotels in Hong Kong and Mainland China. Its other core businesses include modern container terminals and Hong Kong Air Cargo Terminal, which provide critical logistics infrastructure. In Hong Kong, Wharf's luxury Peak property portfolio comprises rare and distinctive developments, continuously delivering bespoke quality and craftsmanship to meet the discerning and prestigious tastes of its clientele. As of end-2024, the Group's attributable land bank in Hong Kong totals approximately 2.8 million square feet, with about 550,000 square feet located on the Peak. On the Mainland, Wharf's portfolio of international financial centers is strategically positioned in the heart of local central business districts. Thanks to their prime locations, meticulous planning and design, superior retail management, and strong footfall attraction that draws both retailers and consumers, Chengdu International Finance Centre and Changsha IFC have become major trendsetting landmarks in their respective cities. As of end-2024, Wharf's unsold land bank for development projects in Mainland China stood at 1.2 million square meters, with the majority of the inventory consisting of commercial properties due to oversupply in the market. Wharf Hotels operates 16 hotels across Hong Kong, Mainland China, and the Philippines under three brands—Nikko, Marco Polo, and Makkah—with four wholly owned by the Group and one jointly held at 50% equity. In June 2024, Changsha IFC welcomed its third Group-owned hotel, operating under the Park Hyatt brand. Wharf also owns and operates Modern Terminals, a leading container terminal operator in Hong Kong and Shenzhen, as well as being one of the founding operators of Hong Kong Air Cargo Terminal. Both businesses are vital pillars supporting Hong Kong's status as an international trade and transport hub over the past several decades. Wharf's "Building Tomorrow" ethos extends to corporate social responsibility. In addition to the growing School Start flagship program aimed at enhancing educational outcomes, the Group actively supports a range of community initiatives that promote CSR, benefiting people from diverse backgrounds in both Hong Kong and Mainland China. Wharf is committed to integrating sustainable practices into its operations to build a more sustainable future. Recognizing the impact of climate change, the Group is dedicated to achieving its 2030 targets of minimizing carbon emissions, improving energy efficiency in operations, and expanding the use of renewable energy. The Group has pledged to set science-based carbon reduction targets and has submitted its near-term goals to the Science Based Targets initiative (SBTi) for validation. Wharf has received numerous awards in recognition of its business performance and commitment to public welfare. In the 2023/24 fiscal year, it was ranked third among all organizations for highest annual fundraising by the Community Chest, maintained its status as a constituent of the Hang Seng Sustainability Corporate Index Series, earned an AA+ rating under the Hang Seng ESG Index, and was awarded the "10+ Years of Business Caring" emblem by the Hong Kong Council of Social Service.