China Merchants Land Limited announced unaudited sales results for the period from 1 October 2022 to 31 December 2022 and year ended 31 December 2022. For the period from 1 October 2022 to 31 December 2022, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 14,264 million (representing a year-on-year decrease of approximately
21%) with an aggregate contracted sales area of approximately 739,289 square meters (representing a year-on-year decrease of approximately 1.04%). The average selling price for the period from 1 October 2022 to 31 December 2022 amounted to approximately RMB19,294 per square meter.

For the year ended 31 December 2022, the Group, together with its associated companies and joint venture companies, achieved aggregate contracted sales of approximately RMB 47,861 million (representing a year-on-year decrease of 13.29%) with an aggregate contracted sales area of approximately 1,931,711 square meters (representing a year-on-year decrease of 19.24%). The average selling price for the year ended 31 December 2022 amounted to approximately RMB 24,777 per square meter.