Building Resilience (cont'd) Metrics Unit of Measurement 2023 2024a 2025b Water and Effluents (GRI 303-5) Water usage m3 243,424 213,132 149,129 Total water usage from areas with High or Extremely High water stressj m3 100,234 86,408 86,796 Percentage 41.2% 40.5% 58.2% Water usage intensity by gross floor area m3/sq ft 0.038 0.039 0.036 Water usage data coverage Percentage 100.0% 100.0% 100.0% Water usage data coverage in areas with High or Extremely High water stressj Percentage 100.0% 100.0% 100.0% LFL change in water usage Percentage - -3.1% -6.9% Waste (GRI 306-3, 306-4, 306-5) Total waste generated metric tonne 1,863 1,491 1,250 Total waste directed to disposal metric tonne 1,135 770 605 Total waste diverted from disposal (recycled waste) metric tonne 728 721 645 Paper-basedk metric tonne 200 200 311 Organics metric tonne 86 110 98 Plastic, metal, glass metric tonne 67 5 1 E-waste metric tonne 4 4 3 Recovered recyclablesl metric tonne 0 0 0 Unsortedm metric tonne 371 402 232 Waste diversion rate Percentage 39.1% 48.3% 51.6% Waste disposal intensity kg/sq ft 0.18 0.14 0.14 2025 ESG DATA SUMMARY Notes: a 2024 data published in Sustainability Report 2024 was based on estimates whereas 2024 data in this report have been revised to reflect actual consumption, where necessary. b 2025 data published in this report is based on estimates and will be revised to reflect actual consumption in the next Sustainability Report, where necessary. c Conversion factor used for converting area in sq ft to m2 is dividing the area by 10.764. d Conversion factor used for converting energy consumption in ekWh to GJ is by multiplying the consumption by 0.0036. e In general, energy consumption was calculated for each identified relevant energy source using the following formula: Energy consumption = Activity data x Calorific value The total energy consumption within MUST is calculated using the following formula: Total energy consumption = Fnr + Ec Fnr = Non-renewable fuel consumed Ec = Electricity purchased for consumption RECs purchased represent the renewable energy certificates purchased and retired during the respective years. RECs as percentage of total energy consumption = RECs purchased / Total energy consumption. Energy consumption comprises purchased electricity (from the grid) and renewable electricity, as well as natural gas. The total energy consumption is expressed in equivalent kilowatt hours (ekWh). Likewise, the types of energy included in the reduction from baseline year comprise purchased and renewable electricity, as well as natural gas. There was neither electricity sold nor cooling consumption during the Reporting Period. The grid electricity provider that a property is using may not always be the same as the one that renewable energy purchases are made from. f Direct (Scope 1) emissions are calculated from the consumption of natural gas and expressed in tonnes of CO2e (tCO2e). g Indirect (Scope 2) emissions are calculated from the electricity purchased and expressed in tonnes of CO2e (tCO2e). h Indirect (Scope 3) emissions refer to the indirect emissions not included in Scope 2 and occur in the value chain of MUST, including both upstream and downstream emissions. It is expressed in tonnes of CO2e (tCO2e). Scope 1, 2 and 3 emission factors were referenced from the U.S. EPA eGrid Summary Table published in January 2025. i Conversion factor used for converting GHG emissions in tCO2e to kg CO2e is by multiplying by 1,000. j According to World Resources Institute’s Water Risk Atlas, Aqueduct, only Diablo, Michelson and Figueroa are in Extremely High (>80%) Water Stress areas for 2023, 2024, and 2025. The remaining properties are in Low (<10%) or Medium (20% - 40%) Water Stress areas. All water is provided through municipal water suppliers; none is directly withdrawn from water sources on on-site. k Paper-based consists of cardboard, mixed paper, and shredded paper. l Recovered recyclables refers to recyclable wastes sent to a Materials Recovery Facility, where the hauler takes the trash compactor to divert (or recover) recyclable wastes. m Unsorted refers to recyclable wastes that cannot be sorted into other categories, or when the exact recyclable waste composition is not provided. / 38 / EXPANDING HORIZONS
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