STATEMENT ON PRINCIPAL ADVERSE IMPACTS OF INVESTMENT DECISIONSON SUSTAINABILITY FACTORSThe following is the adverse sustainability impact statement of Sekisui House Reit, Inc (“SHR”) pursuant toRegulation (EU) 2019/2088 (“SFDR”). SHR has no employees in accordance with the prohibition on having
employees under the Act on Investment Trusts and Investment Corporations of Japan, and relies on Sekisui
House Asset Management Co., Ltd. (the “Asset Manager”) to manage and operate the properties in SHR’s
portfolio. SHR and the Asset Manager are hereinafter referred to collectively as “we”, “us” or “our”.
Please note that SFDR requirements, including the scope of their application to issuers outside the European
Economic Area, continue to evolve. We are therefore taking a principles-based approach to compliance with the
SFDR disclosure standards, which are subject to change.
1. Summary
We consider principal adverse impacts of our investment decisions on sustainability factors. The present
statement is our consolidated statement of the principal adverse impacts on sustainability factors (“PAI”). The
statement covers the reference period from January 1, 2023 to December 31, 2023 (unless otherwise stated).
The statement will be reviewed at least once during every 12-month period.
Our vision is to maximize unitholder value through asset management while delivering high -quality social
capital to people and society. We and the Asset Manager conduct real estate investment management that takes
into consideration environment, social and governance (collectively referred to as “ESG”) factors in accordancewith Sekisui House, Ltd.’s (“Sekisui House”) Sustainablity Vision, which aims to achieve the following goals:
decarbonized society, society in which humans and nature coexist, a circular economy, society characterized byhealth and longevity, and diverse society. The Asset Manager has established a Sustainability Policy consistent
with this vision.
We use the definition of PAI as described in Recital 20 of SFDR being “those impacts of investment decisions
and advice that result in negative effects on sustainability factors,” with sustainability factors referring toenvironmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters
as defined in Article 2 (24) of SFDR.
We believe that investment decisions that negatively affect climate or other environment-related resources, or
have negative implications for society, can have a significant impact to risk and value creation for SHR’s
unitholders. To this end, we consider PAI of our investment decisions throughout all major steps of theinvestment decision and property management process throughout the lifecycle of the properties in SHR’s
portfolio.
2. Description of principal adverse sustainability impacts
Nearly all types of economic activity have the potential to impact various PAI indicators, both positively andadversely. We aim to manage the risk connected to PAI from our investment decisions in several ways, including
general screening criteria, due diligence and our ESG initiatives. Some of the PAI indicators listed below are
currently already being monitored and reported. As the availability of data improves, it is our intention that moreindicators will be added.

Table 1
Description of the principal adverse impacts on sustainability factors
SHR does not invest in investee companies, but invests in real estate. As adverse sustainability indicators 1-16
as contained in Table 1 of Annex 1 of the SFDR Delegated Regulation pertain to investee companies, these are
not included in this PAI statement, which pertains to real estate investments.
Indicators applicable to investments in real estate assets
Adversesustainability
indicator

MetricImpact in
2023

Impact in
2022

Explanation

Fossil fuels

Energy efficiency

17. Exposure to fossil fuels through real estate
assets

18. Exposure to energy-inefficient real estate
assetsShare of investments in real estate assets
involved in the extraction, storage, transport
or manufacture of fossil fuels

Share of investments in energy-inefficient realestate assets

N/A

As of April 30, 2024, 16.5% of SHR’s
properties were not “Green Certified Assets”(as defined below) based on gross floor area.
SHR operates based on six-month fiscal
periods ending in April and October of eachyear. Accordingly, we provide the share ofinvestments in energy-inefficient real estate
assets as of the end of the latest fiscal period
covering the reference period under this PAI
statement.

N/A

As of April 30, 2023, 21.1% of SHR’s
properties were not “Green Certified Assets”(as defined below) based on gross floor area.
SHR operates based on six-month fiscal
periods ending in April and October of eachyear. Accordingly, we provide the share ofinvestments in energy-inefficient real estate
assets as of the end of the latest fiscal period
covering the reference period under this PAI
statement.

SHR does not invest in real estate assets
involved in the extraction, storage, transport
or manufacture of fossil fuels.

To track the environmental performance of
SHR’s properties, we rely on certifications
issued by third-party organizations, such as
the Development Bank of Japan’s (“DBJ”)
Green Building Certification, Comprehensive
Assessment System for Built Environment
Efficiency (“CASBEE”) certification, andother equivalent certifications.
We call SHR’s property that receives any suchcertifications as “Green Certified Assets”, andthose properties that are not considered as

Green Certified Assets as energy-inefficient
real estate assets.
Actionstaken, actions
planned andtargets set for
the next
reference
periodWe implement appropriate measures to reduce
the environmental impact of the real estate
assets following acquisition, by obtaining
environmental certifications such as DBJ or
CASBEE. We have set a key performanceindicator (“KPI”) target of maintaining theratio of Green Certified Assets in SHR’s
portfolio at 70% or higher based on grossfloor area.

N/A

Table 2
Additional climate and other environment-related indicators
SHR does not invest in investee companies, but invests in real estate. As adverse sustainability indicators 1-17
as contained in Table 2 of Annex 1 of the SFDR Delegated Regulation pertain to investee companies, these are
not included in this PAI statement, which pertains to real estate investments.
CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS
Adversesustainability
impactAdverse impact on sustainability factors (qualitative or
quantitative)

MetricIndicators applicable to investments in real estate assets
Greenhouse gas
emissions

18. GHG emissions
We track and monitor GHG emissions and its intensity of theproperties that we provide the utility management services in
SHR’s portfolio by estimating GHG emissions based onenergy consumption (fuel and electricity consumption) basedon adjusted emissions coefficient published by the Ministry of
the Environment of Japan.
Scope 1 GHG emissions generated by such properties in
SHR’s portfolio were 2,411 t-CO2 (in 2018), 2,930 t-CO2 (in2019), 2,473 t-CO2 (in 2020), 764 t-CO2 (in 2021), 795 t-CO2(in 2022), and 791 t-CO2 (in 2023).
Scope 2 GHG emissions generated by such properties in
SHR’s portfolio were 12,842 t-CO2 (in 2018), 15,389 t-CO2(in 2019), 13,420 t-CO2 (in 2020), 4,362 t-CO2 (in 2021) ,1,734 t-CO2 (in 2022), and 793 t-CO2 (in 2023).
Scope 3 GHG emissions generated by such properties in
SHR’s portfolio were 9,707 t-CO2 (in 2021) , 6,410 t-CO2 (in2022), and 15,737 t-CO2 (in 2023).
Total GHG emissions generated by such properties in SHR’s
portfolio were 15,253 t-CO2 (in 2018), 18,318 t-CO2 (in 2019),

Scope 1 GHG emissions
generated by real estate
assetsScope 2 GHG emissions
generated by real estate
assetsScope 3 GHG emissions
generated by real estate
assetsScope 3 GHG emissions
generated by tenant
activities in the exclusive
area are classified as
Category 13 (leased assets(downstream)) and we
started separately
montioring and tracking
Scope 3 GHG emissions
from 2021.

15,892 t-CO2 (in 2020), 14,833 t-CO2 (in 2021) , 8,939 t-CO2(in 2022), and 17,321 t-CO2 (in 2023).
In addition, CO2 emissions intensity of such properties in
SHR’s portfolio based on gross floor area was 0.064 t-CO2/m 2(in 2018), 0.063 t-CO2/m2 (in 2019), 0.052 t-CO2/m2 (in 2020)
0.048 t-CO2/m2 (in 2021) 0.027 t-CO2/m2 (in 2022), and 0.034
t-CO2/m 2 (in 2023).

Total GHG emissions
generated by real estate
assets

We aim to reduce the combined amount of Scope 1 and Scope
2 GHG emissions by 42% by 2030 compared to the level in
2021 as our medium term KPI target. In addition, SHR has
acquired SBTi-validation through the Science Based Targets
initiative (“SBTi”) regarding the medium term GHG emissions
reduction target. As our long term KPI target, we aim toachieve net zero GHG emissions by 2050.

Energyconsumption(Note) The reference period of GHG emissions is January 1 to
December 31 for the year 2023. For the years prior, the data
aggregation period is from April 1 to March 31.
19. Energy consumption intensity
We track and monitor energy consumption (fuel and electricity
consumption) and its intensity of the properties that we
provide the utility management services in SHR’s portfolio.

Energy consumption in
MWh of owned real estate
assets per square meter

Total energy consumption of such properties in SHR’s
portfolio was 41,581 MWh (in 2018), 52,494 MWh (in 2019),
48,998 MWh (in 2020), 51,429 MWh (in 2021), 51,046 MWh(in 2022), and 51,652 MWh (in 2023).
Energy consumption intensity of such properties in SHR’s
portfolio based on gross floor area was 0.174 MWh/m 2 (in2018), 0.179 MWh/m2 (in 2019), 0.161 MWh/m 2 (in 2020),
0.165 MWh/m2 (in 2021), 0.160 MWh/m2 (in 2022), and 0.159
MWh/m 2 (in 2023).
We aim to reduce energy consumption intensity by 10% ormore by 2028 compared to the level in 2018.

Waste(Note) The reference period of energy consumption is January
1 to December 31 for the year 2023. For the years prior, thedata aggregation period is from April 1 to March 31.
20. Waste production in operations
We track and monitor total amount of waste generated, its
intensity and breadown by disposal method of the properties
that we provide the utility management services in SHR’s
portfolio.
Total amount of waste generated by such properties in SHR’s
portfolio was 1,055 tons (in 2018), 1,045 tons (in 2019), 714
tons (in 2020), 696 tons (in 2021), 884 tons (in 2022), and 759
tons (in 2023) of which 501 tons (in 2018), 481 tons (in 2019),

Share of real estate assets
not equipped withfacilities for waste sortingand not covered by awaste recovery or
recycling contract

344 tons (in 2020), 351 tons (in 2021), 523 tons (in 2022), and
368 tons (in 2023) were recycled.
Waste generation intensity of such properties in SHR’s
portfolio based on gross floor area was 7.455 kg/m 2 (in 2018),
5.382 kg/m2 (in 2019), 3.679 kg/m2 (in 2020), 3.288 kg/m 2 (in2021), 4.236 kg/m 2 (in 2022) and 3.618 kg/m 2 (in 2023).
We aim to avoid increasing waste generation intensity fromthe level in 2018.
(Note) The reference period for waste production is the 12month period from April of each mentioned year to March of
the following year.
(Note) Figures above are based on data collected from the properties held as of the end of the year indicated,excluding certain properties due to data availability. In addition, properties that were disposed of during the period
are excluded. The relevant data has been verified by a third party for the years 2022 and prior, and the same
verification is underway for the 2023 data .

Table 3
Additional indicators for social and employee, respect for human rights, anti-corruption and antibribery matters
SHR has no employees in accordance with the prohibition on having employees under the Act on Investment
Trusts and Investment Corporations of Japan, and relies on the Asset Manager to manage and operate theproperties in SHR’s portfolio. Accordingly, additional indicators for social and employee, respect for humanrights, anti-corruption and anti-bribery matters in this PAI statement pertain to the Asset Manager and thetenants of the properties in SHR’s portfolio, to the extent available.
SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTIBRIBERY MATTERS
Adversesustainability
impactAdverse impact on sustainability factors (qualitative or
quantitative)

MetricIndicators applicable to the Asset Manager or tenantsSocial andemployeematters

4. Lack of a supplier code of conduct
The Asset Manager has a supplier code of conduct established by
the Sekisui House Group.
All of the tenants of SHR’s office properties* have suppliers
code of conduct meeting our standards.
*Eight of SHR’s 131 properties are office properties (as of April
30, 2024).
We adhere to the Sekisui House Group's Corporate Code of
Conduct and Sekisui House Group’s Corporate Ethics Guidelines

Share of investments ininvestee companies
without any suppliercode of conduct (against
unsafe working
conditions, precarious
work, child labor andforced labor)

that prohibit, among other things, unsafe working conditions,precarious work, child labor and forced labor.
For the tenants of SHR’s office properties, we conduct due
diligence review when entering into lease agreements and reject
those found to be lacking a proper code of conduct.
5. Lack of grievance/complaints handling mechanism related to
employee matters
The Asset Manager has a grievance/complaints handlingmechanism related to employee matters.
The Asset Manager has established a Compliance Hotline, which
accepts meeting requests or reports from all directors andemployees regarding any violation of law and is designed toappropriately deal with them. The Compliance Officer orInternal Control Promotion Department investigates each caseand takes corrective action and implements measures promptly toprevent recurrence and discipline relevant parties as appropriate.
Moreover, directors and employees of the Asset Manager, anddirectors and employees of subcontractors and business partners
with whom Sekisui House Group has ongoing business
relationships can also use the Sekisui House Group’s ComplianceHelpline for handling consultation regarding concerns pertaining
to legal and corporate ethics infractions and transaction-related
issues.

Share of investments ininvestee companies
without any
grievance/complaints
handling mechanism
related to employee
matters

In addition, the Asset Manager conducts “ESG Dialogue” every
six months and an annual survey of all employees on corporate
ethics awareness and workplace environment. Through “ESG
Dialogue” and this survey, the Asset Manager acquires thecurrent situations and focuses efforts on creating a more open
work climate by providing opportunities to exchange opinions.
6. Insufficient whistleblower protection
All of the Asset Manager’s employees have whistleblower
protection.

Share of investments inentities without policies
on the protection ofwhistleblowers

The Asset Manager’s Compliance Hotline rules include
provisions related to the protection of personal information toensure no whistleblower is retaliated against in accordance with
the Whistleblower Protection Act of Japan.
Human Rights

9. Lack of a human rights policy
The Asset Manager has a human rights policy established by the
Sekisui House Group.
The Sekisui House Group, to which the Asset Manager belongs,
has established the Sekisui House Human Rights Policy, and we
declare our adherence to this policy to all stakeholders.

Share of investments inentities without a humanrights policy

The Sekisui House Group is committed to address a range ofhuman rights issues, including those pertaining to the inclusion of
women, non-Japanese nationals, people with disabilities in theworkplace, and systemic Buraku discrimination based onancestry.
12. Operations and suppliers at significant risk of incidents ofchild labor
To the best of our knowledge, there is no exposure to operations
and suppliers at significant risk of incidents of child labor
exposed to hazardous work under any circumstances among thetenanat of SHR’s office properties*.
*Eight of SHR’s 131 properties are office properties (as of April
30, 2024).

Share of investments ininvestee companies
exposed to operations
and suppliers at
significant risk ofincidents of child labor
exposed to hazardous
work in terms ofgeographic areas or typeof operation

For the tenants of SHR’s office properties, we conduct due
diligence review when entering into lease agreements and reject
those found to be exposed to significant risks of incidents of childlabor or hazardous work due to geography or type of operation.
13. Operations and suppliers at significant risk of incidents offorced or compulsory labor
To the best of our knowledge, there is no exposure to operations
and suppliers at significant risk of incidents of forced orcompulsory labor under any circumstances among the tenanat of
SHR’s office properties*.
For the tenants of SHR’s office properties, we conduct due
diligence review when entering into lease agreements and reject
those found to be exposed to significant risks of incidents offorced or compulsory labor in terms of geographic areas and/or
the type of operation.
14. Number of identified cases of severe human rights issues andincidents
To the best of our knowledge, the Asset Manager has not
identified any severe human rights issues or incidents through2023.
Please see the item 9 above.
Anti-corruption
and anti-bribery

15. Lack of anti-corruption and anti-bribery policies
The Asset Manager has established anti-corruption and antibribery policies.
The Asset Manager has established a Compliance Manual thatprohibits fraudulent acts, such as money laundering, insidertransactions, bribery and embezzlement for self -interest, andstrictly discipline those who have committed such acts.

Share of the investments
in investee companies
exposed to operations
and suppliers at
significant risk ofincidents of forced orcompulsory labor interms of geographic
areas and/or the type ofoperation

Number of cases ofsevere human rights
issues and incidents
connected to investee
companies on a weighted
average basis

Share of investments inentities without policies
on anti-corruption andanti- bribery consistent
with the United Nations
Convention against
Corruption

In addition, the Asset Manager is working to raise employee
awareness by conducting compliance training for all employees
appropriately.
17. Number of convictions and amount of fines for violation ofanti-corruption and anti-bribery laws
There has been no conviction for violations of anti- corruption
and anti-bribery laws among the employees of the Asset Manager
and the tenanat of SHR’s office properties* through 202 3.
*Eight of our 131 properties are office properties (as of April 30,2024).

Numbers of convictions
and amount of fines forviolations of anticorruption and antibribery laws by investee
companies
Tenants of our officeproperties*: none

Please see the item 15 above for the Asset Manager.
For the tenants of SHR’s office properties, we conduct due
diligence review when entering into lease agreements and reject
those found to have been fined for violations of anti-corruption
and anti-bribery laws.

*Eight of our 131
properties are officeproperties (as of April
30, 2024).

For descriptions of actions which SHR takes and will take with respect to the PAI indicators, please refer to our
ESG website: https://sekisuihouse-reit.co.jp/en/esg/index.html

3. Description of policies to identify and prioritize principal adverse sustainability impacts
Subject to data availability, we monitor the selected PAI indicators for the existing properties in SHR’s portfolio.
Prior to our investment in a property, we conduct a due diligence review of the property, including ESG due
diligence, which includes selected PAI indicators. The due diligence findings related to selected PAI indicators
are reported and reviewed prior to the investment decision.
The Asset Manager’s green finance framework is applicable to both green bonds(Note) and green loans, underwhich certain environmentally-friendly investment projects (“Eligible Green Projects”) are evaluated andselected by the Sustainability Committee, which is chaired by the Asset Manager’s President & Representative
Director and participated by all full-time directors, Compliance Officer and heads of all department of the AssetManager, in accordance with its Sustainability Policy and eligibility criteria described below.
(Note) Information about the former green bond framework that applies to the outstanding green bonds
issued prior to the renewal of the green finance framework in December 2022 can be found on our
website: [https://ssl4.eir-parts.net/doc/3309/tdnet/1656516/00.pdf ] .
•Eligibility Criteria for Green Finance. A building that received a third-party certification described below
at the borrowing or payment date of green finance, and/or that is expected to receive such certification:o3, 4, or 5 Stars under the DBJ Green Building Certification;oB+, A or S rank under the CASBEE certification for Real Estate;o

BELS Certification: 3 Stars, 4 Stars, 5 Stars; oroBELS Certification: following assessment of ZEH and ZEB

▪

ZEH-M, Nearly ZEH-M, ZEH-M Ready, ZEH-M Oriented; or▪

ZEB, Nearly ZEB, ZEB Ready, ZEB Oriented.

When we select assets for investment in connection with our green bonds or green loans, the properties mustmeet the relevant eligibility criteria.
For further information, please refer to our ESG website: https://sekisuihouse-reit.co.jp/en/esg/index.html
4. Engagement policies
Due Diligence and Screening
Prior to SHR’s investment in a property, the Asset Manager conducts a due diligence review of the property,
including environmental risk assessment, by investigating the history of use of hazardous substances such as
asbestos and PCB, geological conditions and soil contamination. We do not consider investing in properties t hat
do not meet the standards for soil contamination and other environmental contamination in accordance with the
Air Pollution Control Act and the Soil Contamination Countermeasures Act of Japan and other environmental
laws and ordinances. However, from time to time we acquire properties not meeting the standards as long as
they are deemed fixable promptly after acquisition. Also, we make investment decisions for properties outside
Japan in accordance with the applicable environmental laws and ordinances in the respective jurisdictions andbased on reasonable local practices.
Engagement
We, in collaboration with tenants and property managers, implement various environmental measures, such as
for energy conservation and CO2 reduction, at some of SHR’s properties. At Akasaka Garden City, tenants are
regularly convened to hold CO2 reduction promotion meetings, where energy consumption and CO 2 emissions
are reported to each tenant, and energy conservation efforts are explained in conjunction with these reports toraise environmental awareness. We also enter into lease agreements, which include provisions that require ourtenants to cooperate with us in collecting energy consumption data, obtaining green certifications and taking
other environmental measures and engaging in other ESG efforts such as reduction of waste generated during
the renovation of buildings and use of building materials that are environmentally -friendly (such leaseagreements, the “Green Leases”), with our tenants. We have set the promotion of Green Leases as one of our
KPIs. As one of our KPI targets, we aim to increase the proportion of the portfolio under Green Leases to 70%
or higher by 2030 ba sed on leasable area. As of April 30, 2024, SHR has entered into Green Leases with 34.2%of the tenants based on the leasable area. We will promote Green Leases while strengthening cooperation withtenants.
5. References to international standards
The Global Real Estate Sustainability Benchmark (“GRESB”) is a third -party organization promoting actionableinsights, ESG data and benchmarks that measure the sustainability performance of real estate companies,
including asset managers, around the world. In the 2023 GRESB Real Estate Assessment, SHR received “3 Stars”
in GRESB Rating, which is based on GRESB Overall Score and its quintile position relative to global
participants. In 2023, SHR also received a “Green Star” designation for seven consecutive years by achieving
high performance both in Management Component that evaluates policies and organizational structure for ESG
promotion, and Performance Component that assesses environmental performance and tenant engagement ofowned properties. In addition, in 2023, SHR received the highest “A” rating in the GRESB Public Disclosure,which assesses the width of ESG information disclosure, for the fourth consecutive year in recognition of our
ESG information disclosure efforts.

CDP is an international non-profit organization that manages a worldwide system for the disclosure ofenvironmental information by corporations and municipalities. Since its establishment in 2000, CDP has beenleading efforts to promote corporations to disclose their environmental impact including reducing greenhousegas emissions, and protecting water resources and forests by utilizing capital markets and corporate procurement.
SHR participated in the CDP Climate Change 2023 category for the first time and received a score of “A-”,
which is the second highest evalution. SHR believes that its GHG emission reduction initiatives, governance,and risk management were particularly well received.
MSCI ESG Ratings investigate, analyze, and rate the extent to which companies are appropriately managing therisks and opportunities related to ESG and provide a comprehensive corporate ESG rating of seven levels,
ranging from “AAA“ to “CCC”. SHR acquired “AA” in the rating. In addition, SHR has been included in the“MSCI Japan ESG Select Leaders Index” in 2022. The Index is composed of select companies with high ESG
performance from among the companies in the MSCI Japan IMI Index.
Dow Jones Sustainability Asia/Pacific Index (“DJSI Asia/Pacific”) of the Dow Jones Sustainability Indices is
an ESG investment index which was jointly created by S&P Jones Indices based in the U.S. and RebecoSAM
based in Switzerland. Constituent companies with excellent sustainability performance are selected based on“Governance & Economic, Environmental and Social” criteria. SHR was newly selected as a constituent of the
DJSI Asia/Pacific in year 2023, receiving high evaluation in transparency of disclosu re and risk management in
the “Governance & Economy” category, measures for addressing climate change in the “Environment” category,and human rights initiatives in the “Society” category.
The Sustainability Yearbook is issued annually by S&P Global Inc. to evaluate the major companies around theworld based on the “Governance & Economic, Environmental and Social” perspectives, and award thecompanies with excellent sustainability performance. The top 15% companies with excellent sustainability
performance in each industry are selected as a “Sustainability Yearbook Member”, and are published in “TheSustainability Yearbook”. SHR received high evaluation in transparency of disclosure and risk management in
the “Governance & Economy” category, measure for addressing climate change in the “Environment” category,and human rights initiatives in the “Society” category, resulting in being selected for the first time as a
“Sustainability Yearbook Member” for the Equity Real Estate Investment Trusts (REIT) industry.
FTSE4Good Index Series is an index series provided by FTSE Russell, a global index provider designed tomeasure the performance of companies that demonstrate strong ESG practices, the constituents are regularly
reviewed based on highly transparent management methods and clearly defined ESG criteria. SHR was selected
as a constituent of the Index Series in recognition of SHR’s ESG efforts upon the 2022 review.
Sustainalytics ESG Risk Ratings is an ESG Risk Rating provided by Morningstar Sustainalytics to institutional
investors to measure a company’s exposure to industry-specific material ESG risks and how well a company ismanaging those risks. In 2024, SHR was assessed to be at Negligible Risk.
The Asset Manager became a signatory of the Principles for Responsible Investment (“PRI”), which wasestablished under the leadership of the then-United Nations Secretary-General in 2006, together with aninternational network of investors. In 2023, the Asset Manager acquired the highest rating of “5 stars” in two
categories, “Policy Governance and Strategy” and “Real Estate”, on PRI’s annual assessment.
Click here for ASSESSMENT REPORT.
Click here for PRIVATE TRANSPARENCY REPORT.

The Asset Manager expressed support for the Task Force on Climate-related Financial Disclosures (“TCFD”)
recommendations, which was established by the Financial Stability Board.

We also support the United Nations’ Universal Declaration of Human Rights, the SDGs and the Ten Principlesof the UN Global Compact.
6. Historical comparison
See Table 1, Table 2 and Table 3 above.