ESR Cayman ESG Report 2021

STRATEGIC LOCATIONS In the ever-changing world where we need to frequently adapt to remain competitive, selecting the right location is of utmost importance when expanding our property portfolio. Securing assets in key strategic locations such as in established transportation networks will enable us to enhance import and export logistics and domestic market distribution for our customers. Not only does this benefit our customers, but this helps to minimise the environmental footprint from transportation channels. We hope to build around our customers’ desire for efficiency, faster speed to market and greater resilience in their supply chains in the long run. The logistics and warehousing sectors globally are essential infrastructure for the digital economy, enabling the time sensitive distribution of products to consumers. Our strategy is to concentrate our assets close to urban infill locations in markets where barriers to entry are high, supply is limited and demand is robust. By utilising existing infrastructure, and lowering transport-related emissions, this approach is also more sustainable. Our customers include some of the world’s largest companies who demand the right assets in the right locations. Strategic site selection with a preference for infill locations close to infrastructure, consumers and transport is key to our success in the industry. ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2021 31 PILLAR 2: PROPERTY PORTFOLIO