4 91% 169% 10% 64%

31% The Murray

1 4 5 6 7 14 16 64 68 80 87 103 123 128 129 130 131 132 134 18 26 34 36 42 52 56 60 177 194 200 210

183 22 (852) 2118 8118 (852) 2118 8018 www.wharfholdings.com 4

4 3,032,127,327 1,560 ir@wharfholdings.com sh@wharfholdings.com pr@wharfholdings.com 5

6.7% 1.9% 4.5% 8.1% 92%88%35% 16% 6% 8

13A 17% VIVA 9

90% 85% 21%31% Mount Nicholson 31% 25% 7.073% 104.48 7.3% 14.9% 10

1.571.35 2.151.90 2016 (GRI)G4 11

6.5% 3% 12

46,627 40,875 +14% 17,065 14,853 +15% a 13,754 10,969 +25% 20,534 9,793 +110% 21,440 16,024 +34% 6,518 5,759 +13% 4.54 3.62 +25% 6.77 3.23 +110% 7.07 5.29 +34% 0.58 0.55 +5% 1.57 1.35 +16% 2.15 1.90 +13% 443,827 443,916 b 403,000 414,770-3% 319,298 310,177 +3% 23,837 47,197-49% 316,794 307,728 +3% 325,406 317,180 +3% 3,032 3,031 104.48 101.53 +3% 7.3% 14.9% -7.6% pt (a) 50% (b) 14

13,754 46,627 17,065 07 08 09 10 11 12 13 14 15 16 07 08 09 10 11 12 13 14 15 16 07 08 09 10 11 12 13 14 15 16 4.54 21,440 316,794 07 08 09 10 11 12 13 14 15 16 07 08 09 10 11 12 13 14 15 16 07 08 09 10 11 12 13 14 15 16 2.15 7.07 104.48 07 08 09 10 11 12 13 14 15 16 07 08 09 10 11 12 13 14 15 16 07 08 09 10 11 12 13 14 15 16 15

34 18 26 36

31% 92%88% 35% 16% 6% 6% 7% 42 56 52 60

172,854 10,246 8,182

4% 4% 4% 96% 9.9% Brooks Brothers CK Performance Claudie Pierlot Frey Wille IRO Market Liberty Pearly Gates Marella Nespresso SkinCeuticals Sandro Men Vilebrequin Aromatherapy Associates Atelier Cologne Bora Aksu Diptyque Isabel Marant J. Crew Marcelo Burlon MO&Co. The History of Theory Patrizia Pepe PortsPURE Whistles Adidas The Cheesecake Factory 20

172,110 12 13 14 15 16 10,246 12 13 14 15 16 21

164,540 163,300 +1% * 7,570 8,020-6% 744 972-23% 172,854 172,292 * 6,207 5,949 +4% 2,437 2,317 +5% 316 301 +5% 1,286 1,315-2% 10,246 9,882 +4% 5,491 5,312 +3% 2,148 1,977 +9% 208 195 +7% 335 362-7% 8,182 7,846 +4% 22

(%) 2,049,000 6,207 97 96,001 4,263,000 2,437 97 58,259 670,000 316 73 10,280 1,368,000 1,286 83 7,570 5% 97%69% 23

(%) (%) (%) 38.8 27.1 25.3 21.4 12.5 24.3 20.5 7.7 21.9 6.7 23.8 13.2 3.7 15.5 4.7 3.1 4.9 2.8 2.2 3.0 2.1 1.9 1.6 5.0 1.7 3.9 0.7 100 100 100 24

8.35 1/3 Avenue Montaigne ~ 80 277 1,721 BE@RBRICKChristmas Together 150 Rami NiemiSanta is Everywhere 25

54,534 2,838 2,533 26

6% 8% 54,510 12 13 14 15 16 2,838 12 13 14 15 16 28

6%99%11% AKids Square Adidas Originals Aldo amika: AMOREPACIFIC Calzedonia Cole Haan Caudalie Dior Givenchy Stuart Weitzman Sandro Brooks Brothers GERMAIN/LANCASTER idecorateshop.com K-style LabLacoste Oysho by InditexPorter International Rockport Sanrio Gift GateSmiggle Tresor Rare Trussardi Jeans 29

54,510 54,070 +1% 24 44-45% 54,534 54,114 +1% 2,137 2,017 +6% 701 670 +5% 2,838 2,687 +6% 1,917 1,775 +8% 616 571 +8% 2,533 2,346 +8% 30

(%) (%) (%) 34.0 22.9 24.5 33.7 16.2 26.3 13.6 21.7 25.0 7.4 26.5 8.8 5.1 5.1 10.9 4.2 3.4 3.8 2.0 4.2 0.7 100 100 100 31

Mad For Garlic Joe & The JuiceSelfie Café Petite Housellaollao 5%97%86% (%) 936,000 2,137 98 38,655 1,033,000 701 96 15,855 32

1.97 ~ 65 81 545 33

9,551 546 413 34

3%4% 96% 65% 24 ~ 20 (%) (%) (%) 21.1 31.2 22.2 20.9 12.0 16.4 19.1 22.9 15.2 15.8 13.7 16.4 8.5 5.5 8.5 6.7 6.0 14.5 5.3 4.8 4.5 2.6 3.9 2.3 100 100 100 35

38,458 37

MOUNT NICHOLSON 8 111,000 * * 38

11177 Mount Nicholson 346,200 1 91,000 11 46,000 CHELSEA COURT 43,000 77 42,200 13,000 32,325 25,514 +27% 5,713 3,838 +49% 6 1,194-99% 414 772-46% 38,458 31,318 +23% 39

189,000 204,000 8 Bay East 534,000 829,000 Peninsula East 42,600 596,000 40

100% Zara 100% 8 Bay East One Bay East 8 Bay East Peninsula East 15% 41

2% 1% 10% 22% 11% 98%17% 19% IMAX 43

Alice and Olivia Didier Dubot Love Moschino Philipp Plein TASAKI Versus Vera Wang Yanjiyou LEDB.Duck Draw TogetherVIK (Very Important Kids) VIVAVIVA 40% 44

96% 51% 5C CitySuper 100% QQ 92%81% 46

18% 66% 48

50% 90% 80% 85% 80% 49

12% 22% 21% 31% 1 (%) (%) 31 76 63 10 11 21 7 4 7 8 9 9 53

177,000 143,000 124,000 72,000 94,000 62,000 GS05-R21-A01 14 95,000 136,000 121,000 71,000 271,000 184,000 230,000 189,000 147,000 353,000 333,000 173,000 239,000 158,000 59,000 59,000 51,000 54

K 48,000 112,000 48,000 200 209 55

THE MURRAY 56

19 The Murray 57

TTG *() *() *() The Murray* * 58

* * 59

16,727 7.8 61

15% 11,134 11,526-3% 4,995 5,075-2% 297 297 301 347-13% 16,727 17,245-3% 62

7.8 12 13 14 15 16 1%1% 2% 60% 40% 15% 8% 20%2% 8% 4% 63

Excellent Communications Design EventGerman Design Award Special 2017 Swimming by the Harbour ICSC Where s Wally ICSC Shopping Center of the Year Award, the Golden Globe Tigers 2016 Times Square Music Room Gold Award (Best Use of Venue) the Marketing Event Awards 2016 Gold Award (Best Exhibition Event) the Marketing Event Awards 2016 64

U Magazine 2016 Smart Parents 2016 2016 17 25 2016 2016 21 2015 2016 5C 65

BMW Hoteliers Awards 25 20165 66

Squarefoot 2016 Best Real Estate Mobile Website, MobileWebAwards 2016, Web Marketing Association TripAdvisor 2016 67

* 87 102 70

11 51 10,000 2011 2016 11 1 10,000 31 3 5 3 41 25 14 11 1,000 900 200 200 72

1 1 http://www.carbon-footprint.hk/pdf/cfr00004-15-1.pdf 74

1,100+ 12,000+ 76

(GRI) 2 2 78

(I) 25% 6% 185% 34% ( ) 6% 7% 6% 7% 2% 1%9% 7%6%) 29% 63% Peninsula East 18% 44%185% 2% 4% 4% 4% 10%47% 7% 13%3% 12%2% 14% 15% 21% 21% 12%22% Mount Nicholson) Mount Nicholson Peninsula East) 80

24.3% 3.2%2.8%) 20% Mount Nicholson 22% 81

34% 7.07 5.29 110% 25%64% 28% 4.54 3.62 9 9 39 (II) 104.48 101.536% 30%34%) 82

79% 69% 50% 16,755 39,863 8,502 8,763 (1,904) (1,647) 484 218 23,837 47,197 7.3%14.9%) 83

27.9 15.6 12.3 32.6 32.6 60.5 48.2 12.3 11.4 8.7 2.7 4.9 3.3 1.6 0.9 0.6 0.3 77.7 60.8 16.9 84

A. 7,942 4,465 12,407 219 12,356 12,575 8,161 16,821 24,982 981 40 1,021 359 72 431 258 1 259 238 238 1,836 113 1,949 9,997 16,934 26,931 i. ii. iii. B. 990 429 1,419 4,035 6,301 10,336 5,025 6,730 11,755 7,959 12,729 20,688 7,959 12,729 20,688 1,379 412 1,791 247 126 373 18 211 229 1,644 749 2,393 14,628 20,208 34,836 85

(III) 13,500 2,300 (IV) 85% Mount Nicholson 10% (V) 1. 2. 3. 4. 5. 86

A.2.1 88

89 106 109 (A) (16.7% ) (83.3%) 50 (8.3%) 50 60 (33.3%) 61 70 (41.7%) 71 (16.7%) 1 3 (33.3%) 3 9 (16.7%) 10 (50%) (83.3%) (16.7%) 0 (33.3%) 1 2 (41.7%) 3 (25%)

3.13 (1) (2) 3.13 225 150 75 139 140 2(b) 2(c) 90

A, B A, B A, B A, B A, B A, B A, B A, B A, B A, B A, B A, B A: B: A.1 A.3 91

6 92

571 622 15 4/4 2/2 1/1 3/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 4/4 1/1 4/4 1/1 3/4 3/4 0/1 2/4 0/4 2/2 1/1 3/4 2/2 1/1 4/4 4/4 1/1 4 4 2 1 93

93 622 94

93 96

C.1.3 86 1. 2. 3. 4. 24 1 25 123 127 97

COSO (Committee of Sponsoring Organizations of the Treadway Commission) 119 121 571 XIVA 100

93 (a) (b) (c) (d) 101

(a) 622 566 5% (b) 4 5 (www.wharfholdings.com) (c) (i) (ii) 615 2.5% (a) (b) (c) 566 615 102

194 199 622 1 2 7 13 16 63 14 15 80 86 119 121 176 31 121 (L) 128 129 131 0.581.57 2.15 1.90 1,100,000 46.90 168 24(a) 103

114 116 106(A) 122 (M) (a) (b) (c) 1,100,000 300,000 104

106 122 105

(A) (i) 64 Joyce Boutique Holdings LimitedJBHL Hotel Properties Limited 66 60 Wharf Estates Limited JBHL 70 FCCA, FCPA, FCMA, CGMA, CPA, CGA JBHL 106

45 BSc(Hons), MRICS, MHKIS, RPS Wharf Estates Limited 56 OBE 70 ACA, FCCA, FCPA, AAIA, FCIB, FHKIB GBS, CBE, JP 72 107

GBS, JP 73 BBS 60 St. Gallen Dannebrog Dannebrog HofjægermesterDannebrog 61 Green Dragon Gas Limited Greka Drilling Limited 108

GBS, OBE, JP 70 MBBS(HK), FHKAM, FHKCCM, FHKCP, FFPHM(UK), FRCP(Edin), FRCP(Lond), FRCP(Glasg), FRACMA, FRACP (ii) A(i) 109

(B) (i) 20% 4,445 (0.0001%) 100,000 (0.0033%) 100,000 (0.0033%) 20,000 (0.0007%) 300,000 (0.0147%) 1,265,005 (0.0629%) 3,787 (5.40%) 330,000 (0.01%) (1) (ii) (iii) (2) 110

(ii) 7,000,000 04/07/2011 1,500,000 (1,500,000) 0 55.15 (0.23%) 05/06/2013 2,000,000 2,000,000 70.20 (5) 07/07/2016 5,000,000 (1) 5,000,000 46.90 (6) 5,000,000 04/07/2011 1,500,000 (1,500,000) 0 55.15 (0.16%) 05/06/2013 2,000,000 2,000,000 70.20 (5) 07/07/2016 3,000,000 (1) 3,000,000 46.90 (6) 4,400,000 04/07/2011 1,320,000 (1,320,000) 0 55.15 (0.15%) 05/06/2013 2,000,000 2,000,000 70.20 (5) 07/07/2016 3,000,000 (1) (600,000) (2) 2,400,000 46.90 (6) 2,200,000 04/07/2011 1,200,000 (1,200,000) 0 55.15 (0.07%) 05/06/2013 1,000,000 1,000,000 70.20 (5) 07/07/2016 1,500,000 (1) (300,000) (3) 1,200,000 46.90 (6) 1,550,000 04/07/2011 500,000 (500,000) 0 55.15 (0.05%) 05/06/2013 750,000 750,000 70.20 (5) 07/07/2016 1,000,000 (1) (200,000) (4) 800,000 46.90 (6) 1,750,000 04/07/2011 500,000 (500,000) 0 55.15 (0.06%) 05/06/2013 750,000 750,000 70.20 (5) 07/07/2016 1,000,000 (1) 1,000,000 46.90 (6) 111

(1) 46.60 (2) 56.00 (3) 55.65 (4) 57.30 (5) (6) (i) (ii) (iii) 600,000 300,000 200,000 (7) 6,520,000 (8) 112

(iii) 2,700,000 14/06/2013 1,500,000 1,500,000 39.98 (0.13%) 07/07/2016 1,500,000 (300,000) 1,200,000 36.60 (a) (b) (c) 352 113

(C) 336 5% (i) 1,850,408,608 (61.03%) (ii) HSBC Trustee (C.I.) Limited 1,850,408,608 (61.03%) (1) (i)(ii) (2) Lynchpin LimitedLL WF Investment Partners LimitedWIPL Wheelock Investments LimitedWIL LL252,579,072 (8.33%)WIPL1,360,559,536 (44.87%) High Fame Investments Limited237,270,000 (7.83%)WIL1,850,408,608 (61.03%) (D) (I) (a) (b) (c) (i) 276,144,732 (ii) 9.11% (d) (e) (f) 1% 114

(g) (i) 10.00 (ii) (iii) (h) (i) (ii) (iii) (iv) 622 (i) 115

(II) 04/07/2011 1,540,000 (1,540,000) 05/07/2011 04/07/2016 55.15 2,020,000 (2,020,000) 05/07/2012 04/07/2016 2,020,000 (2,020,000) 05/07/2013 04/07/2016 2,020,000 (2,020,000) 05/07/2014 04/07/2016 2,020,000 (2,020,000) 05/07/2015 04/07/2016 9,620,000 (9,620,000) 05/06/2013 2,100,000 2,100,000 06/06/2013 05/06/2018 70.20 2,100,000 2,100,000 06/06/2014 05/06/2018 2,100,000 2,100,000 06/06/2015 05/06/2018 2,100,000 2,100,000 06/06/2016 05/06/2018 2,100,000 2,100,000 06/06/2017 05/06/2018 10,500,000 10,500,000 07/07/2016 2,900,000 (1,100,000) 1,800,000 08/07/2016 07/07/2021 46.90 2,900,000 2,900,000 08/07/2017 07/07/2021 2,900,000 2,900,000 08/07/2018 07/07/2021 2,900,000 2,900,000 08/07/2019 07/07/2021 2,900,000 2,900,000 08/07/2020 07/07/2021 14,500,000 (1,100,000) 13,400,000 20,120,000 14,500,000 (1,100,000) (9,620,000) 23,900,000 (1) 46.60 (2) 9,620,000 (3) (4) 56.14 116

(E) (F) 8.10 8.10(2) (i) (ii) (iii) (G) (i) 30% (ii) 30% (H) 158 159 20 158 159 20 (I) 117

(J) (i) City State Ventures LimitedCSVL Aggressive Enterprises Limited 20 3 24 CSVL Champion Honest International LimitedCHIL Estcourt International Limited C CHIL (ii) Wisdom Gateway LimitedWGL City Super WGL WGL WGL (i) (ii) 118

(iii) (a) J(ii) (1) (2) (3) (b) 14A.56 3000 740 (1) (2) (3) (4) (iv) 171 26 (a) (b) (K) 72% 119

120

163 168 23 (L) 619 95% 1 2 486 68 79 http://www.wharfholdings.com (1) ISO 22000 (2) ISO 9001 2015ISO/IEC 20000 1 2011ISO 27001 2013 121

(M) Andrea Limited * * * * Chavalit Uttasart * * * * ZEMAN Allan * * * * * * * * * 122

128 199 123

8d 72% 4% 124

14l(ii) 125

1p 83% 2016 126

405 127

1 46,627 40,875 (25,145) (21,282) (1,485) (1,560) (1,526) (1,632) 18,471 16,401 2 (1,406) (1,548) 2 17,065 14,853 910 6,729 3 6,252 (460) 24,227 21,122 4 (1,361) (1,879) 10 923 1,156 11 1,983 236 25,772 20,635 5 (4,107) (3,829) 21,665 16,806 21,440 16,024 225 782 21,665 16,806 7 7.07 5.29 7.07 5.29 134 199 6 128

21,665 16,806 (827) (5,139) (5,554) (5,139) (5,437) (117) (2,032) (1,508) (524) (1,088) (1,272) 14 10 (7,040) (8,848) 14,625 7,958 14,813 7,629 (188) 329 14,625 7,958 134 199 129

8 319,298 310,177 9 20,735 22,779 10 14,437 17,785 11 16,710 17,612 12 8,102 12 5,723 13 298 305 22 654 700 16 247 585 252 237 378,354 378,282 14 23,874 37,768 29 46 15 4,281 3,974 16 332 336 17 36,957 23,510 65,473 65,634 443,827 443,916 16 (1,539) (1,558) 22 (10,633) (10,748) (305) (334) 20 (45,616) (62,244) (58,093) (74,884) 18 (24,245) (22,681) 19 (18,937) (18,854) 16 (685) (612) 5(d) (1,283) (1,242) 20 (15,178) (8,463) (60,328) (51,852) (118,421) (126,736) 325,406 317,180 24 29,497 29,441 287,297 278,287 316,794 307,728 8,612 9,452 325,406 317,180 134 199 130

29,376 740 8,868 266,511 305,495 8,616 314,111 16,024 16,024 782 16,806 (1,855) (6,546) 6 (8,395) (453) (8,848) (1,855) (6,546) 16,030 7,629 329 7,958 65 (15) 50 50 40 40 40 (28) 28 (3,819) (3,819) (3,819) (1,667) (1,667) (1,667) 876 876 (365) (365) (4) (4) 29,441 (1,118) 2,322 277,083 307,728 9,452 317,180 21,440 21,440 225 21,665 (784) (5,853) 10 (6,627) (413) (7,040) (784) (5,853) 21,450 14,813 (188) 14,625 56 (4) 52 52 (14) 14 51 51 51 (14) (14) (155) 155 (4,092) (4,092) (4,092) (1,758) (1,758) (1,758) (48) (48) (590) (590) 29,497 (2,024) (3,531) 292,852 316,794 8,612 325,406 134 199 131

(a) 17,965 15,951 (a) 14,406 11,887 (a) 32,371 27,838 (1,497) (1,808) (1,939) (2,172) 442 364 1,572 1,061 102 174 (1,631) (1,730) (1,833) (1,482) 29,084 24,053 (11,871) (5,436) (2,084) (1,297) (122) (116) 2,828 (1,592) 1,451 252 44 5 (371) (5,827) (49) 1,275 (c) 9,388 711 1,923 5,447 (4,326) (1) (2,478) (7,290) 52 50 16,234 19,261 (25,839) (25,361) (48) 876 (5,850) (5,486) (590) (365) (16,041) (11,025) 10,565 5,738 23,409 18,625 (1,444) (954) 32,530 23,409 (b) 32,530 23,409 134 199 132

a. 17,065 14,853 (460) (363) (102) (174) 1,406 1,548 5 2 45 51 40 17,965 15,951 (6,210) (8,337) 18,703 15,038 7 2 (789) (188) 1,993 1,363 83 4,358 598 (334) 21 (15) 14,406 11,887 32,371 27,838 b. 17 36,957 23,510 (4,427) (101) 32,530 23,409 c. 2,111 480 (560) 2,031 9,500 (2,031) (209) 3a 7,260 9,500 (91) (21) 9,388 133

1. 134

a. 15,289 12,541 910 (55) (1,378) 12,018 12,939 11,288 1,286 48 (1,333) 11,289 2,350 1,253 (376) (103) (45) 729 23,275 3,650 (457) (52) 679 1,972 5,792 1,985 387 5 1,633 2,025 21,290 3,263 (457) (52) 674 339 3,767 1,587 289 (4) 285 2,748 719 (161) (152) 244 11 661 2,635 710 (120) (152) 166 11 615 113 9 (41) 78 46 3,145 59 (29) 30 1,406 (313) 1 (6) (318) 1,739 372 (1) (23) 348 (295) 45,749 17,258 910 (673) (1,615) 923 1,983 18,786 878 455 6,925 254 7,634 (648) (648) 46,627 17,065 910 6,252 (1,361) 923 1,983 25,772 14,470 11,759 6,729 111 (1,255) 17,344 12,165 10,516 5,761 (1,246) 15,031 2,305 1,243 968 111 (9) 2,313 18,018 2,241 (1,542) (93) 890 201 1,697 (25) 18 (57) (64) 18,018 2,266 (1,542) (93) 872 258 1,761 1,549 278 (4) 274 2,848 689 627 (194) 266 35 1,423 2,739 676 668 (194) 188 35 1,373 109 13 (41) 78 50 3,501 112 2 (34) 80 1,510 (246) 2 (3) (247) 1,991 362 (31) 331 (4) (4) (298) 40,088 15,079 6,729 (802) (1,580) 1,156 236 20,818 787 464 342 (299) 507 (690) (690) 40,875 14,853 6,729 (460) (1,879) 1,156 236 20,635 135

b. 15,289 (168) 15,121 14,470 (148) 14,322 23,275 23,275 18,018 18,018 1,587 1,587 1,549 1,549 2,748 2,748 2,848 2,848 3,145 (63) 3,082 3,501 (78) 3,423 878 (64) 814 787 (72) 715 46,922 (295) 46,627 41,173 (298) 40,875 c. 320,570 311,641 261,459 252,904 59,111 58,737 55,144 73,239 6,040 5,685 49,104 67,554 8,361 7,728 17,732 18,244 16,727 17,245 1,005 999 1,193 3,918 1,193 1,189 2,729 403,000 414,770 40,827 29,146 443,827 443,916 25,000 29,332 5,974 6,065 30,974 35,397 136

d. 12,407 5,355 106 118 7,942 1,218 32 32 4,465 4,137 74 86 1,130 3,487 243 155 887 3,332 1,021 372 206 208 431 294 8 421 457 431 294 8 418 454 3 3 497 538 673 765 238 207 324 351 259 331 349 414 14,356 6,559 1,130 3,495 1,406 1,548 (i) (ii)(iii) 24.3% e. 21,716 19,152 12,780 11,409 24,860 21,685 4,234 3,406 51 38 51 38 46,627 40,875 17,065 14,853 280,834 271,671 282,028 275,016 94,239 101,340 120,972 139,754 375,073 373,011 403,000 414,770 137

2. a. 161 162 1,075 1,190 60 69 110 127 1,406 1,548 1 10 45 (i) 3,545 3,632 24 23 1 2 18,634 15,000 71 74 (ii) (15,289) (14,470) 2,626 2,584 (34) (16) (iii) (460) (363) (102) (174) 5 2 i. ii. iii. 138

b. 383 1 iv 5,494 225 7,827 11,500 18 19,570 22,958 150 5,664 8,000 13,814 15,608 150 5,966 7,500 301 13,917 16,092 150 5,094 6,500 11,744 13,437 150 3,885 4,000 384 8,419 8,210 150 3,390 4,000 504 8,044 6,417 ii 225 225 225 150 150 150 iii 150 ii 225 225 225 ii 225 225 225 v 151 150 150 150 ii 225 225 175 2,175 31,826 41,500 1,207 76,708 89,667 2,426 34,203 51,500 1,538 89,667 i. ii. iii. iv. v. vi. 21(d) 139

c. 15 6 4 4 1 17 11 40 18 17,500,001 18,000,000 1 18,500,001 19,000,000 1 20,500,001 21,000,000 1 2 1 3. a. b. c. d. 24.3% 50% 140

4. 858 1,018 1,036 938 1,894 1,956 269 195 (565) (678) 1,598 1,473 72 379 (309) 27 (237) 406 1,361 1,879 a. 2.1%2.4% b. c. 141

5. 1,748 1,592 (7) (21) 1,133 1,073 9 (5) 2,883 2,639 5(c) 718 411 23 488 537 304 (54) (13) 506 779 4,107 3,829 a. 16.5%16.5% b. 25%25%10% c. 30% 60% d. e. f. 10% 142

g. 25,772 20,635 4,129 3,553 959 375 (1,763) (242) (212) (951) 2 (26) 374 487 (191) (138) (54) (13) (30) 718 411 (14) 258 159 145 4,107 3,829 6. 0.58 1,758 0.55 1,667 1.57 4,760 1.35 4,092 2.15 6,518 1.90 5,759 a. b. 7. 143

8. a. 276,629 25,261 301,890 (2,390) (884) (3,274) 647 4,550 5,197 (1,340) 975 (365) 6,567 162 6,729 280,113 30,064 310,177 (2,517) (1,060) (3,577) 7,156 5,129 12,285 (662) (662) 4,110 (3,945) 165 841 69 910 289,041 30,257 319,298 b. 289,041 13,556 302,597 16,701 16,701 289,041 30,257 319,298 280,113 12,740 292,853 17,324 17,324 280,113 30,064 310,177 c. 219,202 219,202 28,017 13,579 41,596 247,219 13,579 260,798 41,822 16,678 58,500 289,041 30,257 319,298 211,375 211,375 27,724 13,001 40,725 239,099 13,001 252,100 41,014 17,063 58,077 280,113 30,064 310,177 144

d. 13 150,165 84,198 26,001 411 260,775 18,245 19,816 3,761 41,822 168,410 104,014 29,762 411 302,597 149,325 76,982 25,282 250 251,839 18,292 21,493 1,229 41,014 167,617 98,475 26,511 250 292,853 145

276,629 9,577 286,206 (2,390) (2,390) 647 481 1,128 (1,340) 2,520 1,180 6,567 162 6,729 280,113 12,740 292,853 (2,517) (2,517) 7,156 747 7,903 (662) (662) 4,110 4,110 841 69 910 289,041 13,556 302,597 146

5.1% 5.2% 287 285 4.2% 4.2% 51 49 4.0% 4.0% 58 58 7.1% 7.1% 346 388 6.4% 6.4% 171 186 6.4% 5.0% 305 242 e. f. 11,553 11,616 16,171 17,187 1,347 1,333 29,071 30,136 147

9. a. 4,897 7,986 2,110 17,871 12,146 45,010 (160) (143) (119) (214) (636) 5 344 32 553 428 1,362 (107) (42) (149) (606) (2,148) (2,754) (14) (14) 12 447 70 529 4,148 8,634 2,023 16,011 12,532 43,348 (164) (176) (123) (225) (688) 1 1,000 68 537 465 2,071 (122) (105) (227) (1,367) (6,960) (8,327) (21) (150) 234 63 3,985 9,458 1,947 14,684 6,166 36,240 982 1,431 8,102 9,468 19,983 (19) (45) (57) (121) 69 92 717 543 1,421 (102) (40) (142) (117) (573) (690) (14) (14) 44 1 45 87 87 915 1,478 8,204 9,972 20,569 (21) (51) (69) (141) 60 101 652 483 1,296 (74) (104) (178) (1,172) (5,044) (6,216) 128 47 175 954 1,528 7,669 5,354 15,505 3,031 7,930 1,947 7,015 812 20,735 3,233 7,156 2,023 7,807 2,560 22,779 148

b. 81 139 6 226 853 5,934 2,769 9,556 934 6,073 2,775 9,782 2,097 1,857 1,947 1,493 7,394 3,031 7,930 1,947 4,268 17,176 82 122 6 210 886 5,023 2,923 8,832 968 5,145 2,929 9,042 2,265 2,011 2,023 1,613 7,912 3,233 7,156 2,023 4,542 16,954 c. 149

10. 6,627 7,225 1,961 1,961 8,588 9,186 5,849 8,599 14,437 17,785 18 (3,390) (3,083) 11,047 14,702 a. 197 198 b. c. 67.6% Mega Shekou Container Terminals Limited d. e. 8,588 9,186 923 1,156 (503) (462) 420 694 150

11. 7,812 7,999 8,898 9,613 16,710 17,612 18 (1,875) (2,524) 14,835 15,088 198 7,812 7,999 1,983 236 (585) (810) 1,398 (574) 151

12. 4,265 6,493 1,432 1,583 26 26 5,723 8,102 13. 305 12 317 43 43 (50) (50) 298 12 310 12 12 298 298 305 305 152

14. 20,365 32,289 3,509 5,479 23,874 37,768 a. b. c. d. 2 566 15,788 24,955 221 626 16,011 26,147 153

15. a. 411 625 70 167 31 74 143 105 655 971 3,626 3,003 4,281 3,974 b. 86 91 1 10 (1) (15) (63) 23 86 c. 95%94%78%86% 154

16. 264 73 394 40 9 168 447 152 1,479 527 1,556 154 504 127 579 2,224 921 2,170 332 685 336 612 247 1,539 585 1,558 579 2,224 921 2,170 76 2 6 60 23 161 26 128 48 227 14 264 73 394 40 3 131 310 6 37 137 9 168 447 107 3 1 154 33 1,152 307 683 12 324 219 719 152 1,479 527 1,556 5 504 43 149 84 154 504 127 579 2,224 921 2,170 155

a. 17,671 21,690 8,230 8,230 29,247 19,226 30,233 42,719 b. c. d. e. 17. 36,957 23,510 a. b. 1.9%1.9% 19,988 22,772 15,560 435 1,399 288 8 11 2 4 36,957 23,510 156

18. 349 390 261 258 39 32 188 128 837 808 4,129 3,982 8,112 7,980 3,390 3,083 1,875 2,524 5,902 4,304 24,245 22,681 19. 157

20. 10,254 2,363 4,081 10,255 12,788 10,495 5,474 7,752 32,597 30,865 985 1,991 3,408 360 1,965 1,617 335 6,693 3,968 3,939 4,109 2,606 2,500 14,959 29,265 21,504 35,874 60,794 70,707 15,178 8,463 39,807 54,492 5,809 7,752 45,616 62,244 60,794 70,707 a. 23(b) 50,121 68,579 10,673 2,128 60,794 70,707 158

b. 23(a) (b) % % 3.0% 8,060 3.0 3,787 2.6% 8,230 2.6 8,230 16,290 12,017 3.5% 24,537 3.0 27,078 2.6% 19,967 2.0 31,612 44,504 58,690 60,794 70,707 c. d. e. f. 159

21. (i) (ii) (iii) (iv) 622 a. 9,000,000 11,750,000 14,500,000 3,100,000 1,500,000 39,850,000 b. Binomial Model 4.23 7.77 46.80 46.90 29.7% 5 4.06% 0.60% 160

c. 55.15 70.20 46.90 9,620,000 (9,620,000) 10,500,000 10,500,000 8,400,000 1.5 14,500,000 (1,100,000) 13,400,000 1,800,000 4.5 20,120,000 14,500,000 (1,100,000) (9,620,000) 23,900,000 10,200,000 63.00 46.90 46.90 55.15 57.14 66.09 55.15 70.20 10,820,000 (900,000) (300,000) 9,620,000 9,620,000 0.5 12,500,000 (2,000,000) 10,500,000 6,300,000 2.5 23,320,000 (900,000) (2,300,000) 20,120,000 15,920,000 63.22 55.15 68.24 63.00 61.11 55.63 59.12 d. (v)(i) 2,656 14,857 7,235 10,319 7,235 10,319 7,235 5,160 4,131 3,586 2,670 3,586 1,690 47,827 32,852 161

22. a. 10,633 10,748 (654) (700) 9,979 10,048 2,902 7,498 (124) (524) 9,752 270 488 (4) 25 779 (39) (456) 11 1 (483) 3,133 7,530 (117) (498) 10,048 341 23 48 94 506 20 (8) 12 (148) 9 58 (81) (49) (478) 20 1 (506) 3,297 7,075 (40) (353) 9,979 b. 479 120 446 111 4,529 747 4,481 739 3,446 862 3,110 778 7,975 1,609 7,591 1,517 8,454 1,729 8,037 1,628 162

23. a. 2.1% 3.6% 73%83% 27%17%20(b) 1%1% b. 163

155 517 6 147 203 184 3 7 (31) (8) (28) (1) (2) (32) (4) (2) (1,895) (5,800) (11,958) (260) (110) (3,279) (1,950) (11,955) (420) (110) 24 4,331 (250) 23 330 (250) (1,560) (960) (11,986) (511) (112) (3,072) (1,473) (11,959) (670) (112) 2,870 52,764 4,636 52,764 (838) 1,800 (40,764) 510 110 (938) 1,950 (40,764) 670 110 (53) (82) 419 840 14 (1) (2) 544 477 41 (2) 1%1% c. 164

10% d. 1 1 2 2 5 5 (60,794) (65,379) (16,892) (11,958) (29,188) (7,341) (24,245) (24,245) (19,819) (2,919) (1,273) (234) (350) (350) (499) 12 72 65 (1,327) (967) 63 (357) (579) (94) 32 45 28 (48) 46 19 (86,684) (90,896) (37,119) (15,270) (30,922) (7,585) (70,707) (74,345) (7,443) (14,856) (43,460) (8,586) (22,681) (22,681) (18,862) (2,091) (1,529) (199) (127) (127) (43) (14) (43) (27) (1,029) (501) (9) 123 (284) (331) (93) 48 (9) 48 (52) 61 (94,637) (97,606) (26,366) (16,790) (45,368) (9,082) e. 165

27 f. i. 13 8(d) 13 5,697 5,697 26 26 154 154 273 273 152 152 5,697 605 6,302 504 504 241 241 1,479 1,479 11,978 11,978 14,202 14,202 166

8,076 8,076 394 394 527 527 8,076 921 8,997 127 127 487 487 1,556 1,556 14,217 14,217 928 928 17,315 17,315 ii. 167

g. 20 60,794 70,707 17 (36,957) (23,510) 23,837 47,197 316,794 307,728 325,406 317,180 7.5% 15.3% 7.3% 14.9% 24. a. 3,031 3,030 29,441 29,376 1 1 56 65 3,032 3,031 29,497 29,441 135 168

b. (v)(i) (o) 29,376 318 34,906 64,600 12,147 12,147 65 (15) 50 40 40 (28) (28) (3,819) (3,819) (1,667) (1,667) 29,441 315 41,567 71,323 26,473 26,473 56 (4) 52 51 51 (155) (155) (4,092) (4,092) (1,758) (1,758) 29,497 207 62,190 91,894 c. d. 1.57 1.35 169

25. 107,548 91,927 4,472 371 371 112,391 92,298 13 2 5 23 18 25 112,409 92,323 (4,472) (87) (51) (15,423) (20,416) (533) (533) (16,043) (21,000) (20,515) (21,000) 91,894 71,323 24 29,497 29,441 62,397 41,882 91,894 71,323 170

26. a. b. c. C d. 5 2(b) 2(c) 10 11 27. 171

28. a. (I) 990 429 1,419 2,027 477 2,504 4,035 6,301 10,336 8,714 5,144 13,858 5,025 6,730 11,755 10,741 5,621 16,362 459 459 7,959 12,729 20,688 11,800 16,289 28,089 7,959 12,729 20,688 12,259 16,289 28,548 990 429 1,419 2,486 477 2,963 11,994 19,030 31,024 20,514 21,433 41,947 12,984 19,459 32,443 23,000 21,910 44,910 (II) 1,379 412 1,791 1,999 235 2,234 247 126 373 150 24 174 119 50 169 18 211 229 25 245 270 1,644 749 2,393 2,293 554 2,847 14,628 20,208 34,836 25,293 22,464 47,757 i. ii. b. c. 7 50 24 97 7 24 38 171 172

29. 9 9 9 39 9 (i) 39 (ii) 177 193 173

30. 7 12 15 2 16 15 1515 18 11 15 (a) (p) 1515 (i) (ii) ; (iii) 174

15 (b) 15 15 15 15 16 (i) 1616 12 175

16 28(c) 16 16 16 16 16 15 16 15 31. 6 32. 33. 34. 176

a. 29 b. (w) c. i. 177

(f) (f) (c)(ii) (k)(ii) ii. (c)(iii) (k)(ii) (f) (k)(ii) 178

iii. (a) (b) (b) (a) (k)(ii) d. i. (i) (k)(ii) (p)(i) (i) (i) ii. (k)(ii) (k)(ii) iii. (k)(ii) (q) 179

iv. (k)(ii) v. e. i. ii. 40 iii. 220 iv. 325 f. 180

(i) 181

9 182

(ii) (iii) (iv) (v) 183

g. (h) h. i. ii. iii. 184

i. i. (d)(i) ii. (d)(i)(l) iii. (e)(k)(ii) j. (k)(ii) 185

k. i. 9 186

ii. (c)(ii) 34 6 187

l. i. (q) ii. (q) m. n. o. 188

p. i. ii. iii. iv. v. vi. q. r. i. ii. iii. 189

(d)(i) iv. s. i. (a) (b) (c) ii. (a) (b) (c) (d) (e) 190

(f) (i) (g) (i)(a) (h) t. i. (t)(ii) (i) (ii) ii. 191

u. v. i. Binomiel Model ii. w. 23 192

(i) (ii) 193

# Wharf Estates Limited 2 2 100 330,100,000 20,000 100 Wharf Realty Limited 2 2 100 20 2 100 10,000,000 10,000,000 100 Ridge Limited 10,000 10,000 100 Oripuma Investments Limited 2 2 100 Wavatah Company Limited 1,000 1,000 100 # Wharf Development Limited 7,000,000,000 100 7,000,000,000 Wharf Peak Properties Limited 30,000,000 3,000,000 100 500,000 500,000 100 Olinda Limited 20 2 100 New Tech Centre Limited 10,000 10,000 100 # Wharf China Holdings Limited 5,129,000,000 1 100 1,000,000 1 100 158 158 100 2 2 100 Cheerwill Properties Limited 500 1 100 1 1 100 1 1 100 2 2 100 2 2 100 500 1 100 1 1 100 1 1 100 1 1 100 Singford International Limited 500 1 100 1 1 100 20 2 100 1 1 100 2 2 100 2 2 100 2 2 100 1 1 100 1 1 100 ii 45,000,000 100 ii 200,000,000 100 ii 223,533,440 100 i 180,000,000 98 ii 221,000,000 100 ii 1,879,000,000 100 194

ii 170,000,000 100 ii 40,000,000 100 ii 1,192,000,000 100 iv 20,000,000 100 ii 2,000,000 100 iv 10,000,000 100 iv 5,000,000 100 iv 10,000,000 100 1,000,000 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 500 1 100 1 1 100 1 1 100 1 1 100 1 1 100 2 2 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 Onyee Properties Limited 500 1 100 1 1 100 Pilot Focus International Limited 500 1 100 1 1 100 1 1 100 500 1 100 10,000 10,000 82 2 2 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 500 1 100 1 1 100 1 1 100 500 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 1 1 100 195

1 1 100 1 1 100 1 1 100 1 1 100 2 2 100 2 2 100 10,000,000 10,000,000 100 2 2 100 500 1 100 1 1 100 ii 33,100,000 100 ii 66,000,000 100 i 22,330,000 55 ii 745,000,000 100 ii 35,000,000 100 ii 220,000,000 100 ii 307,580,000 100 ii 26,000,000 100 ii 60,000,000 100 ii 412,500,000 100 ii 56,800,000 100 ii 187,000,000 100 ii 274,000,000 100 ii 140,900,000 100 ii 45,400,000 100 ii 144,600,000 100 ii 46,990,000 100 ii 210,000,000 100 ii 120,000,000 100 ii 126,000,000 100 ii 418,000,000 100 ii 1,080,000,000 100 ii 56,000,000 100 ii 180,000,000 100 ii 69,300,000 100 ii 172,000,000 100 ii 1,000,000 100 ii 59,930,000 100 ii 5,160,000 100 iv 5,000,000 100 * 3,641,350,047 72 708,750,000 1 1 72 1 1 72 1 1 72 HCDL China Finance Limited 1 1 72 2 2 72 500 1 72 1 1 72 1 1 72 ii 2,000,000 72 iv 5,000,000 72 iv 10,000,000 72 ii 18,000,000 72 i 3,000,000,000 57 ii 169,800,000 72 iv 70,000,000 72 196

Wharf Transport Investments Limited 2 2 100 The Star Ferry Company Limited 7,200,000 1,440,000 100 82,049,200 70,116 68 i 4,095,195,813 44 # Wharf Hotels Limited 500 1 100 Chengdu Niccolo Holdings (Hong Kong) Limited 1 1 100 1 1 100 1 1 100 20 2 100 The Hong Kong Hotel Limited 100,000 100,000 72 The Marco Polo Hotel (Hong Kong) Limited 1,000 1,000 100 The Prince Hotel Limited 2 2 100 The Murray Limited 1 1 72 ii 3,850,000 100 ii 8,000,000 100 ii 7,000,000 72 # Wharf Communication Limited 10,000,000 1,000,000 * 6,857,598,956 2,011,512,400 750,000,000 750,000,000 100 74 74 20 2 100 iv Wharf Finance Limited 2 2 100 iv Wharf Finance (BVI) Limited 500 1 100 # Wharf Hong Kong Limited 500,000,000 1 100 Wharf China Finance Limited 5,000,000 5,000,000 100 iv Wharf Finance (No.1) Limited 2 2 100 Wharf Finance (BVI) No. 1 Limited 500 1 100 iv Wharf Finance (HK) Limited 10 1 100 iv Wharf MTN (Singapore) Pte. Ltd 2 1 100 15 50 50 50 50 50 50 50 197

40 50 50 50 33 33 25 25 40 50 50 50 50 25 19 50 21 Mega Shekou Container Terminals Limited 14 17 24 50 40 50 60 30 39 Tartar Investments Limited 30 40 50 39 50 30 50 50 50 60 50 # * i ii iii iv 198

# Wharf Finance (BVI) Limited 2 Wharf Finance Limited 4 3 6 1.6 3.26 3 1 20 3 1 1.5 4 0.7 0.25 0.15 0.1 0.2 0.5 3.45 4.24 0.6 3.12 3.82 0.6 1 1 5 2 1.95 1.85 1.77 8 2.3 2.5 Wharf Finance (No.1) Limited 1.13 8 3 2 2.4 5.5 1.8 2 1 1 2 3 2.6 2 100 Wharf MTN (Singapore) Pte. Ltd 2.5 40 199

511,000 511,000 987,000 613,000 374,000 223,000 223,000 223,000 223,000 512,000 512,000 460,000 460,000 1,241,000 1,127,000 114,000 2,636,000 1,551,000 415,000 670,000 760,000 14,000 175,000 571,000 308,000 308,000 350,000 350,000 139,000 139,000 8,350,000 4,263,000 2,049,000 670,000 1,368,000 1,969,000 1,033,000 936,000 3 562,000 562,000 8 Bay East 534,000 529,000 5,000 566,000 566,000 8 & 32 13,000 13,000 63 Chelsea Court 43,000 43,000 11 Mountain Court 46,000 46,000 1 91,000 91,000 77 42,200 42,200 1 5 829,000 6,000 823,000 64 70A 188,700 105,400 83,300 20 C 203,800 199,800 4,000 3 50,800 50,800 5,138,500 1,867,200 1,647,100 1,058,200 566,000 325,000 325,000 13,813,500 6,130,200 3,696,100 1,728,200 2,259,000 11 One Midtown 1,900 1,900 5 42,600 42,600 44,500 42,600 1,900 f 596,000 11,000 585,000 8 111,000 111,000 707,000 11,000 696,000 751,500 53,600 696,000 1,900 14,565,000 6,130,200 3,749,700 2,424,200 2,260,900 200

346,719 KIL 11178 2033 1966 100% 126,488 KML 11 S.A. 2880 1977 100% (a) KML 11 S.B. 2880 1981 100% (a) KML 11 S.B. 2880 1981 100% (a) KML 11 S.D. 2880 1983 100% (a) KML 11 S.B. & D. 2880 1981/83 100% (a) KML 11 R.P. 2880 1994 100% (a) KML 11 S.B. & D. 2880 1998/99 100% 665 58,814 KML 91 S.A. & KML 10 S.B. 2863 1969 72% 397 (a) KML 11 S.B. 2880 1981 100% 393 (a) KML 11 S.D. 2880 1983 100% 48,309 KIL 11179 2021 1990 100% 112,441 IL 731, IL 728, IL 727, IL 725 S.A. & R.P., IL 724 S.A. 2850/60/80 1993 100% 280,510 NKIL 6160 2047 1997 100% 48,438 KTIL 713 2047 2019 100% TWTL 218 2047 1992 100% RBL 512 & 1004 2027/28 1974/77 100% 29,640 RBL 556 S.A.R.P. & S.B. 2035 2001 100% 32,145 RBL 522, 639, 661 2027 2017 100% 97,670 RBL 534 S.E., S.F. & R.P. 2028 2020 100% 76,726 RBL 836 2029 2017 100% 165,809 NKIL 5805, 5806 & 5982 2047 1984 100% 12,286 IL 7 R.P. & IL 45 S.A.R.P. 2842 1977 100% ML 99 S.A., S.C. R.P. ML 2854 1984 100% 100 S.A., S. B. R.P. KML 10 S.A. 2863 1966 72% 68,136 9036 2063 2017 72% 66,000 TWIL 36 2047 2012 100% 42,625 YTIL 40 RP 2062 2016 100% 816,872 YTML 22 YTML 28 YTML 29 YTML 12 32 33 2047 14.9% 250,930 IL9007 2060 2016 50% 201

93 111 973,000 331,000 447,000 195,000 100 591,800 13,800 578,000 160 8,000 8,000 50 188,000 188,000 633 680,000 680,000 6,123,000 3,136,000 2,213,000 774,000 2,042,000 2,042,000 1717 1,199,000 1,149,000 50,000 168 772,000 772,000 12,576,800 6,671,800 4,936,000 969,000 3,221,600 1,667,000 22,600 1,276,000 256,000 7,864,000 4,200,000 2,739,000 925,000 A f 2,234,000 1,424,000 612,000 198,000 13,319,600 7,291,000 3,373,600 1,276,000 1,379,000 160 405,000 405,000 88 474,000 474,000 3 1 443,000 443,000 1,322,000 1,322,000 27,218,400 13,962,800 8,309,600 2,245,000 2,701,000 141,000 141,000 1,906,000 1,906,000 1,540,000 1,540,000 C/D 57,000 57,000 FG05 421,000 421,000 202

148,703 2043 1999 100% 95,799 2050 2004 100% (b) 2053 2008 100% (c) 2039 2008 100% (d) 2047 2009 100% (e) 2047 2013/2014/2016 100% 313,867 2047/57 2014 100% 136,432 2049 2010 98% 1,299,000 2055 2016 100% 133 229,069 2047/77 2018 57% 500 800,452 2051 2018 100% 252 100% 516,021 2050/60 2017 50% 356 (b) 2053 2008 100% 271 842,531 2048 2014 72% 230 (e) 2047 2015 100% 3,585,273 2047/77 2016 72% 2,563,134 2050/80 2020 100% 1,180,262 2083 2019 100% 914,000 2080 2016 100% 258,358 2080 2017 100% 203

394,000 78,000 316,000 09 1,338,000 1,338,000 GS05 R21 14 456,000 456,000 GS05 R21 A01 565,000 565,000 2 18,000 18,000 E18 1,464,000 1,464,000 398 763,000 763,000 08 06 05 120,000 120,000 682101 60,000 60,000 1,982,000 1,982,000 2,912,000 2,912,000 1,581,000 313,000 1,268,000 2,039,000 2,039,000 278,000 278,000 2,480,000 2,480,000 314,000 314,000 T102 0262 549,000 86,000 452,000 11,000 279,000 279,000 33,000 28,000 5,000 3,803,000 2,348,000 962,000 493,000 85 1,865,000 88,000 1,777,000 8 60,000 53,000 7,000 B 48,000 48,000 50 10,000 10,000 27,476,000 2,661,000 1,295,000 23,509,000 11,000 204

553,442 2051/81 2015 100% 1,315,296 2081 2019 100% 211,685 2086 2019 100% 198,596 2085 2017 100% 877,772 2081 2014 100% 585,723 2081 2017 100% 170,825 2043/63 2018 55% 526,905 2083 2016 100% 3,654,152 2076 2016 100% 2,501,747 2081 2019 100% 5,425,454 2077 2017 57% 1,276,142 2078 2019 100% 3,314,418 2078 2018 100% 1,416,822 2078 2018 100% 2,121,662 2048/78 2019 100% 558,000 2083 2016 100% 80,000 2057 2020 100% 160,000 2079 2013 100% 761,520 2045/75 2013 100% (d) 2047/77 2019 100% 800,882 2053/83 2020 100% 1,130,000 2050/80 2016 100% 454,000 2080 2016 100% (c) 2069 2009 100% 205

( f) 2,000 2,000 258,000 258,000 A18 A A21A 1,000 1,000 639,000 33,000 604,000 2,000 640,000 78,000 544,000 18,000 416,000 26,000 387,000 3,000 KXCD-D1-2 2,000 2,000 53,000 11,000 42,000 429,000 319,000 110,000 481,000 43,000 335,000 103,000 K 514,000 60,000 363,000 91,000 513,000 50,000 417,000 46,000 278a 05 278b 02 278b 04 1,307,000 1,067,000 213,000 27,000 1 777,000 83,000 694,000 1,010,000 76,000 934,000 R21 02 A R21 01 669,000 44,000 617,000 8,000 280,000 5,000 275,000 R21 6 7 410,000 410,000 #18 191,000 191,000 3# 2 3,000 3,000 E 4# 7# 8# 12# & 13# 345,000 345,000 206

1,155,000 2048/78 2013 50% 1,527,000 2070 2017 50% 604,000 2080 2014 50% 639,000 2083 2018 50% 1,069,000 2083 2018 50% 305,722 2055/85 2019 40% 1,181,000 2081 2016 33% 783,000 2082 2017 33% 582,000 2085 2019 25% 680,000 2085 2019 25% 605,000 2086 2020 40% 902,000 2083 2018 50% 1,157,000 2052/62 2022 19% 2,046,685 2047/77 2017 50% 756,000 2053/83 2017 50% 448,224 2054/84 2018 50% 114,539 2054/84 2018 50% 207,772 2055/85 2019 50% 289,000 2057/87 2019 25% 524,250 2080 2015 50% 708,142 2080 2018 50% 207

1,210,000 1,210,000 3,589,000 1,163,000 437,000 1,865,000 124,000 97,000 14,000 83,000 1,703,000 151,000 1,552,000 C 2,574,000 848,000 1,726,000 26,000 8,000 18,000 18,139,000 2,230,000 2,185,000 13,174,000 550,000 45,615,000 4,891,000 3,480,000 36,683,000 561,000 72,833,400 18,853,800 11,789,600 38,928,000 3,262,000 41,031,900 20,093,000 12,005,700 3,973,200 4,960,000 46,366,500 4,891,000 3,533,600 37,379,000 562,900 i 87,398,400 24,984,000 15,539,300 41,352,200 5,522,900 (a) (b) (c) (d) (e) (f) (g) (h) 428,719 188,090 171,356 3,900,589 590,481 12,849,000 208

922,475 2083 2019 60% 2,212,128 2048/78 2014 30% 1,002,408 2057 2016 39% 2,335,535 2050/60 2018 50% 6,080,656 2047/57 2020 40% 1,619,360 2050/80 2017 50% 209

46,627 40,875 38,136 31,887 30,856 17,065 14,853 14,283 13,280 14,170 a 13,754 10,969 10,474 11,298 11,040 20,534 9,793 8,247 12,206 13,927 21,440 16,024 35,930 29,380 47,263 6,518 5,759 5,486 5,151 4,998 319,298 310,177 301,890 261,097 231,522 20,735 22,779 25,027 24,161 19,870 31,147 35,397 41,479 38,790 36,203 5,723 8,102 3,740 3,744 3,868 23,874 37,768 47,543 53,764 48,915 36,957 23,510 18,725 24,515 18,795 6,093 6,183 6,254 8,981 9,825 443,827 443,916 444,658 415,052 368,998 (60,794) (70,707) (77,984) (82,587) (74,420) (57,627) (56,029) (52,563) (48,210) (37,672) 325,406 317,180 314,111 284,255 256,906 29,497 29,441 29,376 29,376 29,314 287,297 278,287 276,119 246,181 219,187 316,794 307,728 305,495 275,557 248,501 8,612 9,452 8,616 8,698 8,405 325,406 317,180 314,111 284,255 256,906 23,837 47,197 59,259 58,072 55,625 4.54 3.62 3.46 3.73 3.64 6.77 3.23 2.72 4.03 4.60 7.07 5.29 11.86 9.70 15.60 104.48 101.53 100.82 90.94 82.04 215.00 190.00 181.00 170.00 165.00 (%) 7.5% 15.3% 19.4% 21.1% 22.4% (%) 7.3% 14.9% 18.9% 20.4% 21.7% c 8.5 7.6 6.1 5.8 7.4 (%) b 6.9% 5.2% 12.4% 11.2% 20.9% (%) 47.4% 52.5% 52.4% 45.6% 45.3% 30.4% 35.9% 15.3% 17.5% 10.6% 210

24,004 19,380 17,553 15,940 16,208 11,388 9,372 8,554 7,406 7,832 a 8,083 7,088 6,420 4,796 6,043 6,727 7,905 7,817 4,194 5,947 30,568 35,750 19,256 5,816 13,143 3,211 2,930 2,754 2,203 2,093 184,057 148,241 115,492 98,410 95,782 18,984 18,397 18,510 21,183 18,831 27,132 20,860 11,789 11,998 8,737 2,703 3,362 1,331 706 2,858 47,511 29,732 17,797 17,272 9,235 32,528 16,900 18,412 15,886 7,717 5,058 5,276 7,130 3,099 3,011 317,973 242,768 190,461 168,554 146,171 (75,993) (49,589) (39,844) (38,009) (31,282) (31,106) (22,530) (15,029) (13,030) (22,887) 210,874 170,649 135,588 117,515 92,002 29,314 19,327 19,327 19,327 10,206 173,943 143,762 109,219 91,748 76,158 203,257 163,089 128,546 111,075 86,364 7,617 7,560 7,042 6,440 5,638 210,874 170,649 135,588 117,515 92,002 43,465 32,689 21,432 22,123 23,565 2.70 2.51 2.33 1.75 2.38 2.25 2.79 2.84 1.53 2.34 10.22 12.64 6.99 2.12 5.17 67.10 59.22 46.68 40.33 35.28 106.00 100.00 100.00 80.00 80.00 (%) 21.4% 20.0% 16.7% 19.9% 27.3% (%) 20.6% 19.2% 15.8% 18.8% 25.6% c 7.9 12.9 16.5 8.1 8.7 (%) b 16.7% 24.5% 16.1% 5.9% 16.3% (%) 39.7% 41.3% 42.9% 45.9% 34.6% 10.5% 8.2% 14.3% 37.9% 15.9% (a) 50% (b) (c) (d) 211

Rose Blake, Selfi e Garden, p.16-17 Eva Armisén, Family Portrait, p.68-69