224 Group Structure Chart SWIRE PACIFIC LIMITED PROPERTY AVIATION BEVERAGES MARINE SERVICES TRADING & INDUSTRIAL DIVISION DIVISION DIVISION DIVISION DIVISION Trading Industrial Swire Coca-Cola 82 45 Cathay Pacific 18.1 100 Swire Beverages 100 100 Swire Pacific 100 100 Swire Properties Ltd Air China Ltd Beverages Swire Resources Ltd Taikoo Sugar Ltd Airways Ltd Holdings Ltd Offshore Guangxi Ltd 100 100 75 # Swire Coca-Cola Swire Resources Swire Properties 100 Hong Kong Aircraft 25 51 100 100 100 Air China Cargo Co Ltd Swire Beverages Ltd Beverages Swire Seabed AS (Shanghai) Trading Taikoo Sugar (China) Ltd US Inc Engineering Co Ltd Hainan Ltd Co Ltd 100 Swire Coca-Cola Columbia Sportswear Swire Properties 100 49 Goodrich 100 Hong Kong Swire Coca-Cola 100 100 40 Chongqing New Qinyuan 100 Beverages Swire Blue Ocean A/S Commercial China Holdings Ltd Asia-Pacific Ltd Dragon Airlines Ltd HK Ltd Bakery Co Ltd Jiangxi Ltd (Shanghai) Co Ltd 51 Swire Guangdong Swire Properties 100 100 Singapore HAECO 100 Hong Kong Swire Guangdong 19 100 50 Hongkong United 100 Swire Foods Trading 100 Coca-Cola Swire Brands Ltd Hotel Holdings Ltd Pte Ltd Airport Services Ltd Coca-Cola Ltd Dockyards Ltd (China) Ltd Zhanjiang Ltd 25 100 50 Hong Kong Aero Shanghai International 24 Xiamen Luquan 95.8 Swire Coca-Cola 100 Akzo Nobel 40 Taikoo Motors Taiwan Engine Services Ltd Airport Services Co Ltd Industries Co Ltd Beverages Hubei Ltd Swire Paints Ltd 49 Taikoo (Xiamen) 9.1 Swire Coca-Cola 58.6 100 Cathay Pacific 51 Swire Coca-Cola 95.1 International 100 Akzo Nobel 30-36 Aircraft Engineering Beverages Services Ltd Beverages Xiamen Ltd Automobiles Ltd Swire Paints China Co Ltd Yunnan Ltd 9 Coca-Cola 52.6 Shanghai Shen-Mei 67.6 Taikoo Engine Services 60 AHK Air 41 Swire Motors Sales and 100 Swire Pacific Cold 100 9 Bottlers Manufacturing 1 Beverages (Xiamen) Co Ltd Hong Kong Ltd Services Sdn Bhd Storage Ltd Holdings Ltd and Food Co Ltd Taikoo (Xiamen) 4.4 85 15 Guangdong Swire 83.9 100 Vogue Laundry Swire BCD 60 Landing Gear Services 2.6 Cold Chain Logistics Service Ltd Co Ltd Co Ltd Co Ltd Cathay Pacific Swire Coca-Cola Swire Haitou 100 HAECO Component 100 65 Catering Services 60 Beverages 20 Cold Chain Logistics Overhaul (Xiamen) Ltd (HK) Ltd Jiangsu Ltd (Xiamen) Co Ltd Honeywell TAECO Swire Coca-Cola 25 10 China Pacific 45 60 20 100 Aerospace (Xiamen) Beverages Swire Cold Chain Logistics Laundry Services Ltd Co Ltd Zhejiang Ltd Taikoo (Shandong) Swire Coca-Cola 30 10 81.6 12.9 Swire 50 Aircraft Engineering Beverages Waste Management Ltd Co Ltd Zhengzhou Ltd Goodrich TAECO 35 80 Swire Coca-Cola 20 32.7 Aeronautical Systems Green Biologics Ltd Beverages Hefei Ltd (Xiamen) Co Ltd Taikoo Spirit 10.8 41.8 100 Swire Coca-Cola, AeroSystems (Jinjiang) 5.5 USA Composite Co Ltd 28 Dunlop Taikoo 9 100 Swire Coca-Cola (Jinjiang) Aircraft Beverages Ltd Publicly Quoted United States of America Tyres Co Ltd Taiwan Branch Hong Kong Norway 60 Shanghai Taikoo 15 Aircraft Engineering Services Co Ltd Mainland China Denmark 70 30 HAECO ITM Ltd Singapore United Kingdom 100 Taiwan Malaysia HAECO USA Holdings, Inc SWIRE PACIFIC 2017 ANNUAL REPORT 225 SWIRE PACIFIC LIMITED PROPERTY AVIATION BEVERAGES MARINE SERVICES TRADING & INDUSTRIAL DIVISION DIVISION DIVISION DIVISION DIVISION Trading Industrial Swire Coca-Cola 82 45 Cathay Pacific 18.1 100 Swire Beverages 100 100 Swire Pacific 100 100 Swire Properties Ltd Air China Ltd Beverages Swire Resources Ltd Taikoo Sugar Ltd Airways Ltd Holdings Ltd Offshore Guangxi Ltd 100 100 75 # Swire Coca-Cola Swire Resources Swire Properties 100 Hong Kong Aircraft 25 51 100 100 100 Air China Cargo Co Ltd Swire Beverages Ltd Beverages Swire Seabed AS (Shanghai) Trading Taikoo Sugar (China) Ltd US Inc Engineering Co Ltd Hainan Ltd Co Ltd 100 Swire Coca-Cola Columbia Sportswear Swire Properties 100 49 Goodrich 100 Hong Kong Swire Coca-Cola 100 100 40 Chongqing New Qinyuan 100 Beverages Swire Blue Ocean A/S Commercial China Holdings Ltd Asia-Pacific Ltd Dragon Airlines Ltd HK Ltd Bakery Co Ltd Jiangxi Ltd (Shanghai) Co Ltd 51 Swire Guangdong Swire Properties 100 100 Singapore HAECO 100 Hong Kong Swire Guangdong 19 100 50 Hongkong United 100 Swire Foods Trading 100 Coca-Cola Swire Brands Ltd Hotel Holdings Ltd Pte Ltd Airport Services Ltd Coca-Cola Ltd Dockyards Ltd (China) Ltd Zhanjiang Ltd 25 100 50 Hong Kong Aero Shanghai International 24 Xiamen Luquan 95.8 Swire Coca-Cola 100 Akzo Nobel 40 Taikoo Motors Taiwan Engine Services Ltd Airport Services Co Ltd Industries Co Ltd Beverages Hubei Ltd Swire Paints Ltd 49 Taikoo (Xiamen) 9.1 Swire Coca-Cola 58.6 100 Cathay Pacific 51 Swire Coca-Cola 95.1 International 100 Akzo Nobel 30-36 Aircraft Engineering Beverages Services Ltd Beverages Xiamen Ltd Automobiles Ltd Swire Paints China Co Ltd Yunnan Ltd 9 Coca-Cola 52.6 Shanghai Shen-Mei 67.6 Taikoo Engine Services 60 AHK Air 41 Swire Motors Sales and 100 Swire Pacific Cold 100 9 Bottlers Manufacturing 1 Beverages (Xiamen) Co Ltd Hong Kong Ltd Services Sdn Bhd Storage Ltd Holdings Ltd and Food Co Ltd Taikoo (Xiamen) 4.4 85 15 Guangdong Swire 83.9 100 Vogue Laundry Swire BCD 60 Landing Gear Services 2.6 Cold Chain Logistics Service Ltd Co Ltd Co Ltd Co Ltd Cathay Pacific Swire Coca-Cola Swire Haitou 100 HAECO Component 100 65 Catering Services 60 Beverages 20 Cold Chain Logistics Overhaul (Xiamen) Ltd (HK) Ltd Jiangsu Ltd (Xiamen) Co Ltd Honeywell TAECO Swire Coca-Cola 25 10 China Pacific 45 60 20 100 Aerospace (Xiamen) Beverages Swire Cold Chain Logistics Laundry Services Ltd Co Ltd Zhejiang Ltd Taikoo (Shandong) Swire Coca-Cola 30 10 81.6 12.9 Swire 50 Aircraft Engineering Beverages Waste Management Ltd Co Ltd Zhengzhou Ltd Goodrich TAECO 35 80 Swire Coca-Cola 20 32.7 Aeronautical Systems Green Biologics Ltd Beverages Hefei Ltd (Xiamen) Co Ltd Taikoo Spirit 10.8 41.8 100 Swire Coca-Cola, AeroSystems (Jinjiang) 5.5 USA Composite Co Ltd 28 Dunlop Taikoo 9 100 Swire Coca-Cola (Jinjiang) Aircraft Beverages Ltd Publicly Quoted United States of America Tyres Co Ltd Taiwan Branch Hong Kong Norway 60 Shanghai Taikoo 15 Aircraft Engineering Services Co Ltd Mainland China Denmark 70 30 HAECO ITM Ltd Singapore United Kingdom 100 Taiwan Malaysia HAECO USA Holdings, Inc * This organisation chart is for illustrative purposes only and does not represent the legal structure of the Group. # Shareholding held through subsidiary at 25%, another 24% held through an economic interest with total holding at 49%..