Shimao : Unaudited Operating Statistics for the year ended 31 December 2021

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 813)

UNAUDITED OPERATING STATISTICS

FOR THE YEAR ENDED 31 DECEMBER 2021

The board of directors (the "Board") of Shimao Group Holdings Limited (the "Company")

hereby announces certain unaudited operating statistics of the Company and its subsidiaries (together the "Group") for the year ended 31 December 2021 as follows:

• The Group's aggregated contracted sales for the year ended 31 December 2021 amounted to approximately RMB269.11 billion and the Group's aggregated contracted sold area amounted to 15,286,329 sq.m.. The average selling price for the year ended 31 December 2021 was RMB17,605 per sq.m..
• In December 2021, the Group's contracted sales amounted to approximately RMB11.22 billion and the Group's contracted sold area amounted to 670,724 sq.m.. The average selling price for December 2021 was RMB16,729 per sq.m..

The above-mentioned sales data is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such sales information. As such, the above data is provided for investors' reference only. Investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, investors are advised to seek professional advice from professional or financial advisers.

On behalf of the Board

Shimao Group Holdings Limited

Hui Sai Tan, Jason

Vice Chairman and President

Hong Kong, 14 January 2022

As at the date of this announcement, the Board of the Company comprises five Executive Directors, namely, Mr. Hui Wing Mau (Chairman), Mr. Hui Sai Tan, Jason (Vice Chairman and President), Ms. Tang Fei, Mr. Lu Yi and Mr. Xie Kun; one Non-executive Director, namely, Mr. Ye Mingjie; and three Independent Non-executive Directors, namely, Ms. Kan Lai Kuen, Alice, Mr. Lyu Hong Bing and Mr. Lam Ching Kam.