Objectives: Conducting business activities responsibly to deliver long-term value for stakeholders. This includes the sustainable allocation of capital, robust governance framework and proactive risk management practices. Material ESG Topics: 2026 and Long-Term Targets 2025 Performance Maintain zero incidents of non-compliance with relevant regulations resulting in fines or sanctions Zero incidents of non-compliance with relevant regulations resulting in fines or sanctions Maintain zero incidents of corruption Zero incidents of corruption Continue to increase green financing in MUST’s portfolio where feasible There was no refinancing or new financing in 2025. Green financing will continue to be prioritised where feasible. Maintain ‘A’ grade for GRESB Public Disclosure Assessment ‘A’ grade for GRESB 2025 Public Disclosure Assessment Economic Sustainability Delivering sustainable returns for Unitholders through prudent capital management and investment decisions Governance Framework Prioritising transparency and accountability in the business operations Engaging Investors Establishing long-term relationships with investors through regular engagements and timely updates on performance metrics DRIVING SUSTAINABLE GROWTH Objectives and Material ESG Topics Approach Targets and Performance Supporting United Nations SDG Corporate governance Economic performance Economic contribution to society Supply chain management / 31 / MANULIFE US REIT
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