VOLUNTARY ANNOUNCEMENT - RESUMPTIONS OF LAND

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.VOLUNTARY ANNOUNCEMENT RESUMPTIONS OF LAND This announcement is issued by Henderson Land Development Company Limited (the “Company” together with its subsidiaries collectively referred to as the “Group”) on a voluntary basis.The Board of Directors of the Company notes that as stated in the gazette notice published on 31 May 2024 the Lands Department of Hong Kong posted notices on 30 May 2024 to resume about 176 hectares of land for the implementation of the second phase development at the Hung Shui Kiu/Ha Tsuen New Development Area (the “NDA”).As at 31 December 2023 the total area of the Group’s land reserves in Hung Shui Kiu amounted to approximately 6.57 million square feet. Out of such land reserves a total area of approximately 3.5 million square feet falling within the NDA (the “Relevant Sites”) will be resumed by the Government. Based on the cash compensation of HK$1114 per square foot stated in the relevant gazette notice the Group expects to receive cash compensation from the Government in the total amount of approximately HK$3900 million from the resumption of the Relevant Sites.Besides in April 2024 the Government resumed certain land lots of approximately 1.45 million square feet held by the Group in Fanling North and Kwu Tung North New Development Areas for which a cash compensation of approximately HK$1860 million will be received by the Group from the Government.Assuming that certain legal formalities of the resumption of the Relevant Sites are completed on or before 31 December 2024 the Group is expected to recognise a gain in aggregate of approximately HK$3100 million attributable to the Group’s underlying profit before taxation for the year ending 31 December 2024 arising from the aforesaid resumptions. The above profit amount is subject to audit.Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.By Order of the Board Timon LIU Cheung Yuen Company Secretary Hong Kong 2 June 2024 As at the date of this announcement the Board of Directors of the Company comprises: (1) executive directors: Lee Ka Kit (Chairman and Managing Director) Lee Ka Shing (Chairman and Managing Director) Lam Ko Yin Colin Lee Shau Kee Yip Ying Chee John Fung Lee Woon King Kwok Ping Ho Suen Kwok Lam Wong Ho Ming Augustine and Fung Hau Chung Andrew; (2) non-executive director: Lee Pui Ling Angelina; and (3) independent non-executive directors: Kwong Che Keung Gordon Ko Ping Keung Wu King Cheong Woo Ka Biu Jackson Poon Chung Kwong and Au Siu Kee Alexander.