Shui On Land Limited — Capital/Financing Update 2021

Jul 9, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Shui On Land Limited 瑞安房地產有限公司 *****

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 272)

ANNOUNCEMENT

PROPERTY SALES UPDATE FOR THE SECOND QUARTER ENDED 30 JUNE 2021

This announcement is made by Shui On Land Limited (the “Company” , together with its subsidiaries and associates, the “Group” ) pursuant to the Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules” )) under Part XIVA of the Securities and Futures Ordinance (Cap. 571) and Rule 13.09(2)(a) of the Listing Rules.

The Company wishes to provide to its shareholders the attached property sales update which contains certain operating data of the Group for the second quarter ended 30 June 2021 (the “Property Sales Update” ). The Property Sales Update is also available on the website of the Company (www.shuionland.com). The Property Sales Update has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditor, and as such the data is for investors’ reference only. The Property Sales Update is not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice.

Shareholders of the Company and potential investors should exercise caution when investing in or dealing in the securities of the Company.

By Order of the Board Shui On Land Limited UY KIM LUN Company Secretary

Hong Kong, 9 July 2021

At the date of this announcement, the executive directors of the Company are Mr. Vincent H. S. LO (Chairman), Mr. Douglas H. H. SUNG (Chief Financial Officer and Chief Investment Officer) and Ms. Stephanie B. Y. LO; and the independent non-executive directors of the Company are Professor Gary C. BIDDLE, Dr. Roger L. McCARTHY, Mr. David J. SHAW, Mr. Anthony J. L. NIGHTINGALE, Mr. Shane S. TEDJARATI and Ms. Ya Ting WU.

***** For identification purposes only

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Shui On Land Limited 瑞安房地產有限公司 *****

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 272)

PROPERTY SALES UPDATE FOR THE SECOND QUARTER ENDED 30 JUNE 2021

• Accumulated contracted property sales amounted to RMB12,115 million for the first six months of 2021, an increase of 95% compared to the same period of 2020, comprising residential property sales of RMB11,874 million and commercial property sales of RMB241 million, respectively. Aggregated GFA sold for contracted property sales reached 235,800 sq. m. with the average selling price of RMB51,400 per sq. m. In addition, 343 units of carpark were sold in the first six months of 2021.

• For the second quarter of 2021, contracted property sales amounted to RMB5,132 million, comprising residential property sales of RMB4,898 million and commercial property sales of RMB234 million, respectively.

• For the second quarter of 2021, total gross floor area ( “GFA” ) of contracted property sales were 114,600 square metres ( “sq. m.” ) and 92 units of carpark.

• The average selling price of the signed contracts respecting property sales for the second quarter of 2021 was RMB45,600 per sq. m.

• In addition to the contracted property sales reported above, as of 30 June 2021, the Group had recorded a total of RMB1,821 million of subscribed sales, which is expected to be subsequently turned into contracted property sales in the following months.

• Note: This Property Sales Update has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditor, and as such the data contained herein is for investors’ reference only.

• For identification purposes only

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