Common use of Other documents and the Guarantor Clause in Contracts

Other documents and the Guarantor. The Issuer and, where applicable, the Guarantor have in the Agency Agreement, the Guarantee and the Deed of Covenant submitted to the jurisdiction of the English courts and appointed an agent for service of process in terms substantially similar to those set out above. The net proceeds from each issue of Notes will be applied by the Issuer for on-lending to the Guarantor and its subsidiaries and joint venture and associated companies (the “Group” or the “Swire Properties Group”) for working capital and general corporate purposes. DESCRIPTION OF SWIRE PROPERTIES MTN FINANCING LIMITED Swire Properties MTN Financing Limited (“SPMF”) is a public company incorporated under the laws of Hong Kong on 20th April, 2012. The registered office of SPMF is 33rd Floor, Xxx Xxxxxxx Xxxxx, 00 Xxxxxxxxx, Xxxx Xxxx. At the date of this Offering Circular, it has issued and paid up share capital of HK$1. SPMF is a wholly-owned, direct subsidiary of the Guarantor. SPMF is a financing vehicle whose sole business is the raising of debt, the proceeds of which are on-lent to the Swire Properties Group. At the date of this Offering Circular, SPMF has no subsidiaries. Under clause 3 of its Memorandum of Association (which by section 98(1) of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (the “Companies Ordinance”) is regarded as a provision of its Articles of Association), SPMF has all the rights, powers and privileges of a natural person in accordance with the provisions of the Companies Ordinance. The Directors and Secretaries of SPMF are: Directors X. X. Xxxxxxxxx X. X. X. Xxx F. N. Y. Lung P. P. W. Xxxx Secretaries X. X. Xxxxx and Xxxx Xxxxx & Sons (H.K.) Limited The business address of X. X. Xxxxxxxxx, X. X. X. Xxx, F. N. Y. Xxxx and P. P. W. Xxxx is 33rd Floor, Xxx Xxxxxxx Xxxxx, 00 Xxxxxxxxx, Xxxx Xxxx. SPMF has no employees. The following table sets out the outstanding debt securities of SPMF (all of which are non-listed except for the Notes that are marked with an asterisk* below, which are listed on the Hong Kong Stock Exchange) at the date of this Offering Circular together with their respective coupon amount and year of maturity. SPMF has no outstanding debt securities other than the debt securities listed below. Description and principal amount of debt Coupon amount Year of maturity HK$300,000,000 Notes .................................................. 3.55% per annum 2024 HK$300,000,000 Notes .................................................. 3.10% per annum 2024 HK$200,000,000 Notes .................................................. 2.90% per annum 2025 HK$200,000,000 Notes .................................................. 3.00% per annum 2025 HK$200,000,000 Notes .................................................. 2.80% per annum 2025 HK$200,000,000 Notes .................................................. 3.10% per annum 2025 HK$800,000,000 Notes .................................................. 3.00% per annum 2025 HK$140,000,000 Notes .................................................. 3.20% per annum 2025 US$500,000,000 Notes* ................................................. 3.625% per annum 2026 HK$200,000,000 Notes .................................................. 2.65% per annum 2026 HK$200,000,000 Notes .................................................. 2.25% per annum 2023 HK$500,000,000 Notes .................................................. 2.35% per annum 2026 HK$360,000,000 Notes .................................................. 3.20% per annum 2027 HK$300,000,000 Notes .................................................. 2.95% per annum 2024 HK$200,000,000 Notes .................................................. 3.00% per annum 2027 HK$280,000,000 Notes .................................................. 2.80% per annum 2027 HK$250,000,000 Notes .................................................. 2.65% per annum 2027 HK$200,000,000 Notes .................................................. 2.60% per annum 2025 HK$200,000,000 Notes .................................................. 2.55% per annum 2024 HK$300,000,000 Notes .................................................. 2.65% per annum 2027 US$500,000,000 Notes* ................................................. 3.50% per annum 2028 Description and principal amount of debt Coupon amount Year of maturity HK$604,000,000 Notes .................................................. 2.55% per annum 2030 HK$200,000,000 Notes .................................................. 2.55% per annum 2030 HK$750,000,000 Notes .................................................. 2.40% per annum 2027 HK$380,000,000 Notes .................................................. 2.45% per annum 2028 CNY350,000,000 Notes + .............................................. 3.40% per annum 2026 CNY300,000,000 Notes + .............................................. 3.20% per annum 2025 CNY250,000,000 Notes + .............................................. 3.50% per annum 2033 HK$200,000,000 Notes + ............................................... 3.80% per annum 2028 HK$200,000,000 Notes + ............................................... 3.80% per annum 2028 CNY350,000,000 Notes + .............................................. 3.40% per annum 2026 CNY320,000,000 Notes + .............................................. 3.40% per annum 2026 CNY360,000,000 Notes + .............................................. 3.50% per annum 2033 CAPITALISATION AND INDEBTEDNESS OF SWIRE PROPERTIES The following table shows the consolidated capitalisation and indebtedness of Swire Properties at 31st December, 2022 extracted from its audited consolidated financial statements for the year ended 31st December, 2022. 31st December, 2022 in HK$ million Short-term loans and bonds (including current portion of long-term loans and bonds due within one year) .................................................................................................. 700 Long-term loans and bonds ........................................................................................... 22,135 Non-controlling interests ............................................................................................... 3,047 Equity attributable to the shareholders of Swire Properties Issued share capital ...................................................................................................... 10,449 Reserves ........................................................................................................................ 278,762 Total equity attributable to the shareholders of Swire Properties .................................. 289,211 Total capitalisation(1)(2).................................................................................................. 314,393 Total short-term loans and bonds and capitalisation(2) .................................................. 315,093 Notes:

Other documents and the Guarantor. The Issuer and, where applicable, the Guarantor have in the Agency Agreement, the Guarantee and the Deed of Covenant submitted to the jurisdiction of the English courts and appointed an agent for service of process in terms substantially similar to those set out above. The net proceeds from each issue of Notes will be applied by the Issuer for on-lending to the Guarantor and its subsidiaries and joint venture and associated companies (the “Group” or the “Swire Properties Cathay Pacific Group”) for working capital and general corporate purposes. DESCRIPTION OF SWIRE PROPERTIES CATHAY PACIFIC MTN FINANCING (HK) LIMITED Swire Properties Cathay Pacific MTN Financing (HK) Limited (“SPMFCPMFHK”) is a public company incorporated under the laws of Hong Kong on 20th April, 20124th July 2019. The registered office of SPMF CPMFHK is 33rd Floor00xx Xxxxx, Xxx Xxxxxxx Xxxxx, 00 Xxxxxxxxx, Xxxx Xxxx. At As at the date of this Offering Circular, Circular it has issued and paid up share capital of HK$1. SPMF CPMFHK is a wholly-owned, direct subsidiary of the Guarantor. SPMF CPMFHK is a financing vehicle whose sole business is to be the raising of debt, the proceeds of which are will be on-lent to the Swire Properties Cathay Pacific Group. At As at the date of this Offering Circular, SPMF Circular CPMFHK has no subsidiaries. Under clause 3 CPMFHK has the capacity, rights, powers and privileges of its Memorandum a natural person of Association (which by section 98(1) full age in accordance with the provisions of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (the “Companies Ordinance”) is regarded as a provision of its Articles of Association), SPMF has all the rights, powers and privileges of a natural person in accordance with the provisions of the Companies Ordinance. The Directors and Secretaries Secretary of SPMF CPMFHK are: Directors X. X. Xxxxxxxxx X. X. X. Xxx F. N. Y. Lung P. P. W. X.X. Xxxxxx S.C. Pelling X.X. Xxxxxxx Company Secretaries Xxxx Secretaries X. X. Xxxxx Xxxx and Xxxx Xxxxx & Sons (H.K.) Limited The business address of X. X. XxxxxxxxxX.X. Xxxxxx, X. X. X. Xxx, F. N. Y. Xxxx X.X. Xxxxxxx and P. P. W. Xxxx X.X. Xxxxxxx is 33rd Floor, Xxx Xxxxxxx XxxxxOne Pacific Place, 00 Xxxxxxxxx, Xxxx Xxxx. SPMF CPMFHK has no employees. The following table sets out the outstanding debt securities of SPMF which were issued by Cathay Pacific MTN Financing Limited (all of which are non-listed except for “CPMF”) and CPMFHK under the Notes that are marked with an asterisk* below, which are listed on the Hong Kong Stock Exchange) Programme as at the date of this Offering Circular together with their respective coupon amount and year of maturity. SPMF has no CPMF is a wholly-owned, direct subsidiary of the Guarantor. The outstanding debt securities other than set out in the table below are guaranteed by the Guarantor. It is intended that any debt securities listed belowwhich may be issued under the Programme on or after the date of this Offering Circular will be issued by CPMFHK and not by CPMF. Description and principal amount principalamount of debt Coupon amount Year of maturity HK$300,000,000 HK$305,000,000 Notes .................................................. 3.552.35% per annum 2024 HK$300,000,000 Notes .................................................. 3.10% per annum 2024 2021 HK$200,000,000 Notes .................................................. 2.90% per annum 2025 HK$200,000,000 Notes .................................................. 3.00% per annum 2025 HK$200,000,000 Notes .................................................. 2.80% per annum 2025 HK$200,000,000 Notes .................................................. 3.10% per annum 2025 HK$800,000,000 Notes .................................................. 3.00% per annum 2025 HK$140,000,000 Notes .................................................. 3.20% per annum 2025 US$500,000,000 Notes* ................................................. 3.625% per annum 2026 HK$200,000,000 Notes .................................................. 3-month HIBOR plus 2.65% per annum 2026 HK$200,000,000 2022 HK$314,000,000 Notes .................................................. 2.253-month HIBOR plus 2.65% per annum 2022 HK$500,000,000 Notes 3.075% per annum 2022 HK$800,000,000 Notes 3.38% per annum 2022 S$175,000,000 Notes 3.375% per annum 2023 HK$500,000,000 HK$400,000,000 Notes .................................................. 2.353.5% per annum 2026 HK$360,000,000 Notes .................................................. 3.20% per annum 2027 HK$300,000,000 Notes .................................................. 2.95% per annum 2024 HK$200,000,000 Notes .................................................. 3.00% per annum 2027 HK$280,000,000 Notes .................................................. 2.80% per annum 2027 HK$250,000,000 Notes .................................................. 2.65% per annum 2027 HK$200,000,000 Notes .................................................. 2.60% per annum 2025 HK$200,000,000 Notes .................................................. 2.55% per annum 2024 HK$300,000,000 Notes .................................................. 2.65% per annum 2027 US$500,000,000 Notes* ................................................. 3.50% per annum 2028 Description and principal amount of debt Coupon amount Year of maturity HK$604,000,000 Notes .................................................. 2.55% per annum 2030 HK$200,000,000 Notes .................................................. 2.55% per annum 2030 HK$750,000,000 Notes .................................................. 2.40% per annum 2027 HK$380,000,000 Notes .................................................. 2.45% per annum 2028 CNY350,000,000 Notes + .............................................. 3.40% per annum 2026 CNY300,000,000 Notes + .............................................. 3.20% per annum 2025 CNY250,000,000 Notes + .............................................. 3.50% per annum 2033 HK$200,000,000 Notes + ............................................... 3.80% per annum 2028 HK$200,000,000 Notes + ............................................... 3.80% per annum 2028 CNY350,000,000 Notes + .............................................. 3.40% per annum 2026 CNY320,000,000 Notes + .............................................. 3.40% per annum 2026 CNY360,000,000 Notes + .............................................. 3.50% per annum 2033 2023 CAPITALISATION AND INDEBTEDNESS OF SWIRE PROPERTIES CATHAY PACIFIC AIRWAYS LIMITED The following table shows the consolidated capitalisation and indebtedness of Swire Properties Cathay Pacific as at 31st December30th June, 2022 2020 extracted from its audited consolidated unaudited condensed interim financial statements information for the year six months ended 31st December30th June, 20222020. 31st December30th June, 2022 2020 (in HK$ million Shortmillion) Current interest-term loans and bonds (including bearing liabilities2 23,909 Non-current portion of longinterest-term loans and bonds due within one year) .................................................................................................. 700 Long-term loans and bonds ........................................................................................... 22,135 bearing liabilities2 76,479 Non-controlling interests ............................................................................................... 3,047 Equity 4 Funds attributable to the shareholders of Swire Properties Issued share capital ...................................................................................................... 10,449 Cathay Pacific Share capital1 17,106 Reserves ........................................................................................................................ 278,762 32,265 Total equity funds attributable to the shareholders of Swire Properties .................................. 289,211 Cathay Pacific 49,371 Total capitalisation(1)(2).................................................................................................. 314,393 capitalisation3 125,854 Total shortcurrent interest-term loans bearing liabilities and bonds and capitalisation(2) .................................................. 315,093 capitalisation4 149,763 Notes:

Other documents and the Guarantor. The Issuer and, where applicable, the Guarantor have in the Agency Agreement, the Guarantee and the Deed of Covenant submitted to the jurisdiction of the English courts and appointed an agent for service of process in terms substantially similar to those set out above. The net proceeds from each issue of Notes will be applied by the Issuer for on-lending to the Guarantor and its subsidiaries and joint venture and associated companies (the “Cathay Group” or the “Swire Properties Group”) for working capital and general corporate purposes. DESCRIPTION OF SWIRE PROPERTIES CATHAY PACIFIC MTN FINANCING (HK) LIMITED Swire Properties Cathay Pacific MTN Financing (HK) Limited (“SPMFCPMFHK”) is a public company incorporated under the laws of Hong Kong on 20th April, 20124th July 2019. The registered office of SPMF CPMFHK is 33rd Floor00xx Xxxxx, Xxx Xxxxxxx Xxxxx, 00 Xxxxxxxxx, Xxxx Xxxx. At As at the date of this Offering Circular, Circular it has issued and paid up share capital of HK$1. SPMF CPMFHK is a wholly-owned, direct subsidiary of the Guarantor. SPMF CPMFHK is a financing vehicle whose sole business is the raising of debt, the proceeds of which are will be on-lent to the Swire Properties Cathay Group. At As at the date of this Offering Circular, SPMF Circular CPMFHK has no subsidiaries. Under clause 3 CPMFHK has the capacity, rights, powers and privileges of its Memorandum a natural person of Association (which by section 98(1) full age in accordance with the provisions of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (the “Companies Ordinance”) is regarded as a provision of its Articles of Association), SPMF has all the rights, powers and privileges of a natural person in accordance with the provisions of the Companies Ordinance. The Directors and Company Secretaries of SPMF CPMFHK are: Directors X. X. Xxxxxxxxx X. X. X. Xxxxxxx Xxxx Xxxxxx Xxxxxxxxxxx Xxxxx Xxxxxxx Xxx F. N. Y. Lung P. P. W. Xxxx Xxxx Company Secretaries X. X. Xxxxx Xxxxxx Xxx and Xxxx Xxxxx & Sons (H.K.) Limited The business address of X. X. XxxxxxxxxXxxxxxx Xxxx Xxxxxx, X. X. X. Xxx, F. N. Y. Xxxxxxxxxxx Xxxxx Xxxxxxx and Xxx Xxxx and P. P. W. Xxxx is 33rd Floor, Xxx Xxxxxxx Xxxxx, 00 Xxxxxxxxx, Xxxx Xxxx. SPMF CPMFHK has no employees. The following table sets out the outstanding debt securities of SPMF (all of which are non-listed except for have been issued by CPMFHK under the Notes that are marked with an asterisk* below, which are listed on the Hong Kong Stock Exchange) Programme as at the date of this Offering Circular together with their respective coupon amount amounts and year years of maturity. SPMF has no outstanding It is intended that any debt securities other than which may be issued under the debt securities listed belowProgramme on or after the date of this Offering Circular will be issued by CPMFHK. Description and principal amount principalamount of debt Coupon amount Year of maturity HK$300,000,000 HK$200,000,000 Notes .................................................. 3.555% per annum 2024 HK$300,000,000 U.S.$650,000,000 Notes .................................................. 3.10% per annum 2024 HK$200,000,000 Notes .................................................. 2.90% per annum 2025 HK$200,000,000 Notes .................................................. 3.00% per annum 2025 HK$200,000,000 Notes .................................................. 2.80% per annum 2025 HK$200,000,000 Notes .................................................. 3.10% per annum 2025 HK$800,000,000 Notes .................................................. 3.00% per annum 2025 HK$140,000,000 Notes .................................................. 3.20% per annum 2025 US$500,000,000 Notes* ................................................. 3.6254.875% per annum 2026 HK$200,000,000 HK$625,000,000 Notes .................................................. 2.655% per annum 2026 2027 HK$200,000,000 Notes .................................................. 2.25% per annum 2023 HK$500,000,000 Notes .................................................. 2.35% per annum 2026 HK$360,000,000 Notes .................................................. 3.204.9% per annum 2027 HK$300,000,000 Notes .................................................. 2.95% per annum 2024 HK$200,000,000 Notes .................................................. 3.00% per annum 2027 HK$280,000,000 Notes .................................................. 2.80% per annum 2027 HK$250,000,000 Notes .................................................. 2.654.9% per annum 2027 HK$200,000,000 Notes .................................................. 2.60% per annum 2025 HK$200,000,000 Notes .................................................. 2.55% per annum 2024 HK$300,000,000 Notes .................................................. 2.654.8% per annum 2027 US$500,000,000 Notes* ................................................. 3.50HK$500,000,000 Notes 5.05% per annum 2028 Description and principal amount of debt Coupon amount Year of maturity HK$604,000,000 Notes .................................................. 2.55% per annum 2030 HK$200,000,000 Notes .................................................. 2.55% per annum 2030 HK$750,000,000 Notes .................................................. 2.40% per annum 2027 HK$380,000,000 Notes .................................................. 2.45% per annum 2028 CNY350,000,000 Notes + .............................................. 3.40% per annum 2026 CNY300,000,000 Notes + .............................................. 3.20% per annum 2025 CNY250,000,000 Notes + .............................................. 3.50% per annum 2033 HK$200,000,000 Notes + ............................................... 3.80% per annum 2028 HK$200,000,000 Notes + ............................................... 3.80% per annum 2028 CNY350,000,000 Notes + .............................................. 3.40% per annum 2026 CNY320,000,000 Notes + .............................................. 3.40% per annum 2026 CNY360,000,000 Notes + .............................................. 3.50% per annum 2033 2029 CAPITALISATION AND INDEBTEDNESS OF SWIRE PROPERTIES CATHAY PACIFIC AIRWAYS LIMITED The following table shows the consolidated capitalisation and indebtedness of Swire Properties Cathay Pacific as at 31st December, 2022 30th June 2024 extracted from its audited consolidated unaudited condensed interim financial statements information for the year six months ended 31st December, 202230th June 2024. 31st December, 2022 As at 30th June 2024 (in HK$ million Shortmillion) Current interest-term loans and bonds (including bearing liabilities2 11,890 Non-current portion of longinterest-term loans and bonds due within one year) .................................................................................................. 700 Long-term loans and bonds ........................................................................................... 22,135 bearing liabilities2 54,920 Non-controlling interests ............................................................................................... 3,047 Equity 7 Funds attributable to the shareholders of Swire Properties Issued share capital ...................................................................................................... 10,449 the Cathay Group Share capital1 28,830 Reserves ........................................................................................................................ 278,762 32,576 Total equity funds attributable to the shareholders of Swire Properties .................................. 289,211 the Cathay Group 61,406 Total capitalisation(1)(2).................................................................................................. 314,393 capitalisation3 116,333 Total shortcurrent interest-term loans bearing liabilities and bonds and capitalisation(2) .................................................. 315,093 capitalisation 128,223 Notes: