Manulife US REIT - Annual Report 2021

SUSTAINABILITY REPORT 2021 81 1 Biennial engagement survey conducted in 2020. Our 2021 ESG Highlights Our ESG Journey 2021 • Achieved ‘AA’ in MSCI ESG Ratings • Ranked top 2% of companies globally in Sustainalytics ESG Risk Ratings • Obtained first sustainability-linked loan • All Singapore staff and independent directors trained in ESG • Recruited ESG specialist and formed Sustainability Quartet • ~25 ESG funds invested in MUST 2020 • Aligned Greenhouse Gas (GHG) reduction targets to Manulife Group’s net zero and 80.0% GHG reduction targets by 2050 • Obtained first green loan • All staff pay linked to sustainability performance • 50.0% female independent directors 2018 • Achieved 5 Star in GRESB Real Estate Assessment • Rolled out Sustainable Building Standards to benchmark building performance 2017 • Formed Sustainability Steering Committee • Published first Sustainability Report • Adopted United Nations Sustainable Development Goals (UN SDGs) • Achieved 4 Star in first Global Real Estate Sustainability Benchmark (GRESB) Real Estate Assessment 2016 • Dedicated Corporate Social Responsibility (CSR) section in Annual Report • 3 ESG funds invested in MUST 2019 • Achieved ‘BBB’ in MSCI ESG Ratings • ~90.0% of portfolio is green-certified • Strengthened governance with additional practices People First Accolades Driving Sustainable Growth Green Financing Board Diversity Non-compliance & Corruption Zero Incidents First Sustainability- linked Loan 50.0% Female Independent Directors GHG Intensity -9.3% YoY Energy Intensity -5.8% YoY Green Certification ~90.0% Average Training Hours per Employee CSR Contribution Tenant Engagement 1 +40.0% YoY S$25,976,189 Hrs 88.0% with 4 or 5 Star rating Building Resilience Top 20% of 1,520 Global Entities Top 26% of MSCI All Country World Index Constituents Top 2% of 13,650 Companies Globally