ESR SR 2019 EN

Disclosure & Reporting ESR has participated in GRESB—the leading investor driven organisation assessing the sustainability performance of real asset sector portfolios and assets—since 2014. In 2019, our GRESB submissions covered seven unlisted portfolios in Australia, China, Japan and South Korea. The scores reveal opportunities for better alignment across the Group, particularly concerning Governance. We have engaged an independent consultant to assist us on achieving this objective in 2020. GRESB Scores in 2019 Propertylink Australian Industrial Partnership (Australia) Propertylink Trust (Australia) e-Shang Star Cayman Ltd (China) Redwood China Logistics Fund LP (China) Redwood Japan Logistics Fund II LP (Japan) PGGM RJLC LP (Japan) Kendall Square Logistics Properties Inc. (Korea) Overall GRESB score 53 53 55 54 67 64 88 ESG score breakdown • Environment 45 45 59 52 79 67 76 • Social 45 45 62 60 62 62 95 • Governance 80 80 49 55 63 64 91 Peer group Australia Industrial Dist. Warehouse APAC Diversified Office/ Industrial Developer Industrial Dist. Warehouse Eastern Asia Industrial Dist. Warehouse Non-listed Developer Industrial Dist. Warehouse Developer Industrial Dist. Warehouse Developer Industrial Dist. Warehouse ESR peer ranking 6th 7th 7th 7th 4th 5th 2nd About this report Thank you for reading this ESG report, which complies with relevant provisions from HKEX Main Board Listing Rule 13.91 and ESG Reporting Guide. In line with international best practices, we have also made reference to GRI Standards. For details, please refer to the Content indices on the following pages . We welcome your feedback. Please contact us at esg@esr.com 24 ESR Annual Report 2019 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT