GRI content index
Statement of use
GRI 1 used

NTT UD REIT Investment Corporation ("NUD") has reported the information cited in this GRI content index for the period from April 1, 2023 to March 31, 2024 with reference to the GRI Standards.
GRI 1: Foundation 2021

GRI STANDARD
GRI 2: General Disclosures 2021

DISCLOSURE
2-1 Organizational details
2-2 Entities included in the organization’s sustainability reporting
2-3 Reporting period, frequency and contact point
2-4 Restatements of information
2-5 External assurance
2-6 Activities, value chain and other business relationships
2-7 Employees
2-8 Workers who are not employees
2-9 Governance structure and composition
2-10 Nomination and selection of the highest governance body
2-11 Chair of the highest governance body
2-12 Role of the highest governance body in overseeing the management of impacts
2-13 Delegation of responsibility for managing impacts
2-14 Role of the highest governance body in sustainability reporting
2-15 Conflicts of interest
2-16 Communication of critical concerns
2-17 Collective knowledge of the highest governance body
2-18 Evaluation of the performance of the highest governance body
2-19 Remuneration policies
2-20 Process to determine remuneration
2-21 Annual total compensation ratio

2-22 Statement on sustainable development strategy
2-23 Policy commitments
2-24 Embedding policy commitments
2-25 Processes to remediate negative impacts
2-26 Mechanisms for seeking advice and raising concerns
2-27 Compliance with laws and regulations
2-28 Membership associations
2-29 Approach to stakeholder engagement
2-30 Collective bargaining agreements
GRI 3: Material Topics 2021

3-1 Process to determine material topics
3-2 List of material topics
3-3 Management of material topics

GRI 201: Economic Performance 2016201-1 Direct economic value generated and distributed
201-2 Financial implications and other risks and opportunities due to climate change
201-3 Defined benefit plan obligations and other retirement plans
201-4 Financial assistance received from government202-1 Ratios of standard entry level wage by gender compared to local minimum wage
202-2 Proportion of senior management hired from the local community
203-1 Infrastructure investments and services supported
203-2 Significant indirect economic impacts
204-1 Proportion of spending on local suppliers
205-1 Operations assessed for risks related to corruption
205-2 Communication and training about anti-corruption policies and procedures
205-3 Confirmed incidents of corruption and actions taken
206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices
207-1 Approach to tax
207-2 Tax governance, control, and risk management
207-3 Stakeholder engagement and management of concerns related to tax
207-4 Country-by-country reporting301-1 Materials used by weight or volume301-2 Recycled input materials used
301-3 Reclaimed products and their packaging materials
302-1 Energy consumption within the organization
302-2 Energy consumption outside of the organization
302-3 Energy intensity
302-4 Reduction of energy consumption
302-5 Reductions in energy requirements of products and services
303-1 Interactions with water as a shared resource
303-2 Management of water discharge-related impacts
303-3 Water withdrawal
303-4 Water discharge
303-5 Water consumption
304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of highbiodiversity value outside protected areas
304-2 Significant impacts of activities, products and services on biodiversity304-3 Habitats protected or restored
304-4 IUCN Red List species and national conservation list species with habitats in areas affected byoperations
305-1 Direct (Scope 1) GHG emissions
305-2 Energy indirect (Scope 2) GHG emissions
305-3 Other indirect (Scope 3) GHG emissions
305-4 GHG emissions intensity
305-5 Reduction of GHG emissions
305-6 Emissions of ozone-depleting substances (ODS)
305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions
306-1 Waste generation and significant waste-related impacts
306-2 Management of significant waste-related impacts306-3 Waste generated
306-4 Waste diverted from disposal
306-5 Waste directed to disposal
308-1 New suppliers that were screened using environmental criteria308-2 Negative environmental impacts in the supply chain and actions taken
401-1 New employee hires and employee turnover401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees
401-3 Parental leave
402-1 Minimum notice periods regarding operational changes
403-1 Occupational health and safety management system403-2 Hazard identification, risk assessment, and incident investigation
403-3 Occupational health services

GRI 202: Market Presence 2016
GRI 203: Indirect Economic Impacts 2016
GRI 204: Procurement Practices 2016
GRI 205: Anti-corruption 2016
GRI 206: Anti-competitive Behavior 2016
GRI 207: Tax 2019

GRI 301: Materials 2016
GRI 302: Energy 2016

GRI 303: Water and Effluents 2018

GRI 304: Biodiversity 2016

GRI 305: Emissions 2016

GRI 306: Waste 2020

GRI 308: Supplier Environmental Assessment 2016
GRI 401: Employment 2016
GRI 402: Labor/Management Relations 2016
GRI 403: Occupational Health and Safety 2018403-4 Worker participation, consultation, and communication on occupational health and safety403-5 Worker training on occupational health and safety403-6 Promotion of worker health403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business
relationships
403-8 Workers covered by an occupational health and safety management system403-9 Work-related injuries
403-10 Work-related ill health404-1 Average hours of training per year per employee
404-2 Programs for upgrading employee skills and transition assistance programs

LOCATION
Profile of NUD
Profile of NUD
ContactFeatures of NUD
Investment Policies
Legally, NUD has no employees, and all asset management operations are outsourced to an asset
management company.
Legally, NUD has no employees, and all asset management operations are outsourced to an asset
management company.
Corporate Governance>Structure of Investment Corporation
Corporate Governance>Structure of Investment Corporation
IR Library>Articles of Incorporation>Article 22
Sustainability Promotion Structure
Materiality
Sustainability Promotion Structure
Sustainability Promotion Structure
Corporate Governance>Compliance Initiatives
Corporate Governance>Risk Management Initiatives
IR Library>Articles of Incorporation>Article 24
IR Library>Articles of Incorporation>Article 24
Legally, NUD has no employees, and all asset management operations are outsourced to the asset
management company. Therefore, it is not possible to calculate the percentage of total annualcompensation. Such information for the asset management company has not been aggregated at thistime.
Sustainability Promotion Structure>Sustainability Policy
Sustainability Promotion Structure>Sustainability Policy
Sustainability Promotion Structure
Social Initiatives>In-House Consultation Desk
Social Initiatives>In-House Consultation Desk
There were no significant regulatory violations that occurred during the reporting period.
COMPANY PROFILE (the asset management company's website)
Sustainability Promotion Structure>Sustainability Policy
Social Initiatives
Not applicable because, legally, NUD has no employees and all asset management operations areoutsourced to the asset management company. The asset management company currently has no labor
union, but has elected labor representatives and concluded various labor-management agreements.
Materiality
Materiality
Materiality
Sustainability Promotion Structure>Sustainability Policy
Financial Highlights
Climate Change Initiatives
Social Initiatives
Social Initiatives>Training SupportNot applicable.
Not applicable.
Information for Unitholders>Investment Risks
Environmental Initiatives>Energy Consumption
Environmental Initiatives>Energy Consumption
Environmental Initiatives>Energy Consumption
Environmental Initiatives>Energy Consumption
Environmental Initiatives>Energy Consumption
Environmental Initiatives>Water Consumption
Environmental Initiatives>Biodiversity Conservation
Environmental Initiatives>Greenhouse Gas (CO₂) Emissions
Environmental Initiatives>Greenhouse Gas (CO₂) Emissions
Environmental Initiatives>Greenhouse Gas (CO₂) Emissions
Environmental Initiatives>Greenhouse Gas (CO₂) Emissions
Not applicable.
Not applicable.
Environmental Initiatives>Waste Emissions
SFDR Sustainability-Related Disclosures>Remuneration and Sustainability Risks (SFDRArticle 5 Disclosure)
Social Initiatives>Implementation of Regular Health Checkups
Social Initiatives>Special Leave System
Social Initiatives>Health and Safety Committee
Social Initiatives>Implementation of Regular Health Checkups-GRI 404: Training and Education 2016
Social Initiatives>Qualification Acquisition Support System
Social Initiatives>Training Support
404-3 Percentage of employees receiving regular performance and career development reviews
Social Initiatives>Personnel Evaluation
GRI 405: Diversity and Equal Opportunity 2016405-1 Diversity of governance bodies and employees
Social Initiatives>Promotion of Diversity & Inclusion
405-2 Ratio of basic salary and remuneration of women to men
GRI 406: Non-discrimination 2016406-1 Incidents of discrimination and corrective actions taken
Not applicable.
GRI 407: Freedom of Association and Collective Bargaining 407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may Not applicable.
2016
be at risk
GRI 408: Child Labor 2016408-1 Operations and suppliers at significant risk for incidents of child labor
Not applicable.
GRI 409: Forced or Compulsory Labor 2016409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor
Not applicable.
GRI 410: Security Practices 2016
410-1 Security personnel trained in human rights policies or procedures
GRI 411: Rights of Indigenous Peoples 2016
411-1 Incidents of violations involving rights of indigenous peoples
GRI 413: Local Communities 2016413-1 Operations with local community engagement, impact assessments, and development programs
Social Initiatives>Support of Community Events, Etc.
413-2 Operations with significant actual and potential negative impacts on local communities
Not applicable.
GRI 414: Supplier Social Assessment 2016414-1 New suppliers that were screened using social criteria414-2 Negative social impacts in the supply chain and actions taken
GRI 415: Public Policy 2016415-1 Political contributions
GRI 416: Customer Health and Safety 2016416-1 Assessment of the health and safety impacts of product and service categories
Social Initiatives>Initiatives for the Health and Safety of Tenants
416-2 Incidents of non-compliance concerning the health and safety impacts of products and services
Not applicable.
GRI 417: Marketing and Labeling 2016417-1 Requirements for product and service information and labeling417-2 Incidents of non-compliance concerning product and service information and labeling
Not applicable.
417-3 Incidents of non-compliance concerning marketing communications
Not applicable.
GRI 418: Customer Privacy 2016418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data
Not applicable.