Manulife US REIT - Sustainability Report 2025

Metrics SASB Code Metric Unit of Measurement 2025 Water Management IF-RE-140a.3 Like-for-like percentage change in water withdrawn for portfolio area with data coverage, by property sector Percentage (%) LFL change in water usage has reduced by 6.9% from 2024 to 2025. IF-RE-140a.4 Description of water management risks and discussion of strategies and practices to mitigate those risks n/a To mitigate water scarcity risks, MUST focuses on maximising operational efficiencies while minimising consumption across its portfolio. For more details on “Water Management”, please refer to page 22 in this report. Management of Tenant Sustainability Impacts IF-RE-410a.2 Percentage of tenants that are separately metered or submetered for (1) grid electricity consumption and (2) water withdrawals, by property sector Percentage (%) by floor area (1) 52.8%. (2) 1.2%. IF-RE-410a.3 Discussion of approach to measuring, incentivising and improving sustainability impacts of tenants n/a Green lease provisions are incorporated into new lease agreements to minimise tenants' environmental impact. Climate Change Adaptation IF-RE-450a.1 Area of properties located in 100year flood zones, by property sector Percentage (%) by floor area 0.0% IF-RE-450a.2 Description of climate change risk exposure analysis, degree of systematic portfolio exposure, and strategies for mitigating risks n/a Climate scenario analysis was conducted to analyse the impact of various physical climate risks on MUST's portfolio and potential mitigation measures are disclosed. For more details, please refer to pages 13 to 18 in this report. Table 2: Activity metrics SASB Code Activity Metric Unit of Measurement Property Type 2025 IF-RE-000.A Number of assets, by property sector Number Office 7 IF-RE-000.B Leasable floor area, by property sector Square metres (m2) Office 327,893 IF-RE-000.C Percentage of indirectly managed assets, by property sector Percentage (%) by floor area Office 100.0% IF-RE-000.D Average occupancy rate, by property sector Percentage (%) Office 67.7% SASB REAL ESTATE SECTOR DISCLOSURE / 46 / EXPANDING HORIZONS

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