ESR ESG 2020 - EN

Building for the New Economy 40 Environmental, Social and Governance Report 2020 GRESB DEVELOPMENT ASSESSMENT 2020 China South Korea Japan India e-Shang Star Cayman Ltd Redwood China Logistics Fund LP Kendall Square Logistics Properties Inc. PGGM RJLC LP RJLF 3 Co-Investment Platform Redwood Japan Logistics Fund II LP ESR India Logistics Fund Pte Ltd Result 3-Stars 2-Stars 4-Stars 4-Stars 4-Stars 4-Stars 3-Stars Overall GRESB score 75 73 84 83 83 83 75 > Environment (max 51 points) 40 37 37 45 45 45 42 > Social (max 26 points) 18 18 25 20 20 20 14 > Governance (max 24 points) 18 19 22 18 18 18 18 Peer group name Eastern Asia Industrial Distr. Warehouse Note 8 Asia Industrial Opportunistic Peer ranking 5 th /7 6 th /7 1 st /7 2 nd /7 4 th /7 Ranking INDUSTRIAL ASIA 7 th /15 10 th /15 1 st /15 2 nd /15 8 th /15 Notes 8. RJLF II was incorrectly classified under Retail. The correct peer class is Eastern Asia Industrial Distr. Warehouse.