ESR ESG 2020 - EN

Building for the New Economy 33 DISCLOSURE & REPORTING Benchmarking our performance against international best practices provides us with important feedback on progress with reference to industry peers. ESR has participated in the Global Real Estate Sustainability Benchmark (GRESB), which is the leading global standard in the assessment of the ESG performance of real estate and infrastructure investments, since 2014. GRESB’s systematic approach, objective scoring methodology and benchmarking are key indicators for risk management and ability to enhance returns for property companies, property funds, developers and investors. The data is used by more than 100 institutional and financial investors worldwide to monitor their investments and make strategic decisions about how to transition their investment portfolios towards a more sustainable future. In 2020, ESR was named “Sector Leader” in Asia for our outstanding performance. Four ESR funds in Japan and South Korea stand out in particular by earning four out of five Green Stars. In Japan, we received the highest Development Score in the “Industrial in Asia” category for Non-listed, Value-Added and Opportunistic strategy, scoring 83 points across three funds. Our Korean fund ranked first for overall GRESB Score in the “Industrial in Asia” category, scoring 84 points in addition to achieving the top position for its peer ranking group of “Eastern Asia, Industrial: Distribution Warehouse, Non-listed.” • ESR Cayman — Sector Leader in Asia • South Korea — 1st Overall GRESB Score within Industrial in Asia category • South Korea — 1st Developer, Eastern Asia, Industrial non-listed category • Japan — 2nd Developer, Eastern Asia, Industrial, non-listed category • Japan — 1st Development score Industrial/Asia category ESR RECEIVES INAUGURAL A RATING BY MSCI ESG RATINGS In April 2021, we received an MSCI ESG rating of A, which places ESR among the top 20% of companies in the real estate development and diversified activities industry for ESG performance. This was ESR’s first year to participate in the MSCI ESG Rating scheme, which is conducted by MSCI ESG Research based on in-depth research, ratings and analysis of the ESG-related business practices of thousands of public and private companies worldwide. The ratings are issued on a scale of AAA (leader) to CCC (laggard), according MSCI’s evaluation of each constituent’s exposure to industry-specific ESG risks as well as their ability to manage those risks relative to peers. DISCLAIMER STATEMENT The use by ESR of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation or promotion of ESR by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.