Hang Lung Properties  (“Hang Lung”) and Moët Hennessy Louis Vuitton (“LVMH”) completed an innovative and ambitious Real Estate and Climate Forum (“The Forum”) on November 24 and 25, including about 200 participants from both Groups and their partners. The Forum took place one month after the signing of a first-of-its-kind sustainability partnership agreement by the two Groups. Under the agreement, Hang Lung and LVMH are committed to achieving progress in sustainability together to the end of 2025.

(Hong Kong, Shanghai and Paris, October 25, 2022) Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung”), a leading developer, manager and owner of a diversified portfolio of world-class properties in Hong Kong and mainland China, and LVMH Moët Hennessy Louis Vuitton, (“LVMH”), the world’s leader in luxury, today announced a pioneering and ambitious partnership to collaborate on sustainability initiatives across mainland China. The partnership, a first of its kind globally, demonstrates the leadership and commitments of both Groups in the sustainability arena. It also reimagines the relationship between property owners and leading retail brands on sustainability.