Annual Report 2015

	The Hongkong and Shanghai Hotels, Limited (00045)

Cover Contents Accomplishments and Results 2015 Company at a Glance Financial Highlights Non-Financial Highlights Financial Review Summary Ten Year Operating Statistics Ten Year Financial Summary HSH Business Model and Investment Strategy Performance and Outlook Chairman's Statement CEO's Strategic Review Financial Review Creating Shareholder Value The Peninsula Paris – A Glamorous Grand Opening A Vision for Sustainable Luxury Our People and Expertise Our Brand Our Innovation External Environment and Industry Trends Governance Chairman's Overview Board of Directors Senior Management and Key Functions Corporate Governance Report Group Risk Committee Report Group Corporate Responsibility Committee Report Audit Committee Report Nomination Committee Report Remuneration Committee Report Directors' Report Financial Statements Independent Auditor's Report Sustainability Data Statements Independent Assurance Report Glossary Shareholder Information Reservations and Contact Addresses Inside Back Cover Back Cover