Manulife US REIT - Annual Report 2024

BUILDING RESILIENCE Commitment to Sustainable Properties With the real estate sector responsible for contributing approximately 40.0% of global carbon emissions1, the drive towards greener buildings has been accelerated as a vital element of the global climate mitigation strategy. At MUST, our Asset Managers and Property Managers oversee and manage our sustainability performance using the SBS, benchmarked externally through the GRESB Real Estate Assessment. We consider environmental factors throughout our properties' lifecycles, from acquisition and operations to maintenance and divestment. Our acquisition process includes sustainability due diligence and environmental performance evaluation. We strive to improve or preserve each building's environmental performance after acquisition. Our dedication to sustainable properties has resulted in 92.2% of our portfolio (by NLA) being green-certified, surpassing our 90.0% target. LEEDTM Gold LEEDTM Silver Adhere to Fitwel® Viral Response and Fitwel® Built Certification 1 UN Environment Programme Finance Initiative, Climate Risks in the Real Estate Sector, 7 March 2023. 2 Most widely used global green building rating system to recognise healthy and highly efficient green buildings. 3 A U.S. Environmental Protection Agency programme that certifies the top 25% commercial buildings for meeting strict energy performance standards. 4 WiredScore certification assesses, certifies, and promotes digital connectivity and smart technology in homes, offices, and neighbourhoods globally. Additionally, WiredScore provides SmartScore certification, a global standard for smart buildings. Figueroa and Michelson are SmartScore certified. 5 A leading certification system focused on health and wellness and the impacts a building has on its occupants. The Viral Response certification sets the industry standard for optimising buildings in response to the broad health impacts of infectious respiratory diseases in light of COVID-19. The Viral Response certification has been granted an automatic additional extension through 31 December 2024. 6 Worldwide standard for operational best practices in the commercial real estate industry. 7 A certification that evaluates the sustainability, health, and wellness aspects of indoor spaces, and provides improvements for air quality and promotes occupant well-being. 8 Data as at 31 December 2024. Amounts may not sum up to 92.2% due to rounding. Green Certifications Certifications LEED™ 2 ENERGY STAR®3 WiredScore and SmartScore4 Fitwel® and Fitwel® Viral Response5 BOMA 3606 UL Indoor Environmental Quality7 Percentage of NLA with green certification8 Centerpointe 9.3% Diablo Nil Exchange 16.3% Figueroa 15.8% Michelson 11.7% Peachtree 12.3% Penn 6.1% Phipps 10.5% Plaza 10.3% Total number of certifications 7 6 10 16 1 1 92.2% % portfolio coverage calculated using NLA as at 31 December 2024 81.9% 65.7% 92.2% 92.2% 10.5% 6.1% 82 | MANULIFE US REIT

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