<h4><i>Advancing and Accelerating Progress to Tackle Building & Construction Sector’s Major Challenge through Innovation </i></h4><p/><div> SHANGHAI, CHINA - <a href="https://www.media-outreach.com/">Media OutReach</a> - 10 May 2023 - Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or “the Company”) understands that radical changes are needed to reduce the embodied carbon that goes into building materials – a major challenge for the global building and construction sector.</div>