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Sustainable & Efficient OperationsPILLAR 2: PROPERTY PORTFOLIOESR Group LimitedEnvironmental, Social and Governance Report 202444RenewablesIn October 2024, Payam Eshragi was appointed as the Group Head of Infrastructure. As an experienced infrastructure renewables specialist with a proven track record in establishing successful businesses and platforms across infrastructure asset classes, Payam will formulate and drive the implementation of ESR%u2019s global infrastructure investment strategy, aligned with the Group%u2019s commitment to transition to a low-carbon economy. An area of immediate focus by Payam will be to drive the implementation of rooftop solar and battery energy storage system (%u201cBESS%u201d) projects across ESR-owned and/or ESR-managed properties.Our installed rooftop solar power capacity has increased across our major markets and we continue to explore other renewable energy sources. Across the Group, we have installed ~153 MW of rooftop solar power capacity as of 31 December 2024. This represents an increase of ~37% from the previous year.Business UnitsInstalled rooftop solar power capacity (MW)ESR Australia & New Zealand36.2ESR China42.5ESR India2.8ESR Japan32.4ESR Korea14.1ESR Southeast Asia %u2014 Singapore4.0Others %u2014 REITs20.7Total152.7Fortune REITFortune REIT has taken a proactive approach to addressing climate change through its commitment to the Science Based Targets initiative (%u201cSBTi%u201d). This partnership aligns the REIT%u2019s sustainability strategy with globally recognised frameworks to set ambitious, science-based targets that are in line with the latest climate science.As part of its sustainability journey, Fortune REIT focuses on reducing greenhouse gas emissions across its portfolio, leveraging clear, measurable targets for both near-term and long-term emission reductions. The SBTi framework helps ensure that these targets align with the goal of limiting global temperature rise to well below 2%u00b0C, in line with the Paris Agreement.Suntec REITSuntec REIT achieved a significant milestone with its 21 Harris Street property in Sydney, Australia, attaining carbon neutral status a year ahead of schedule. This reflects the REIT%u2019s strong commitment to sustainability and its focus on Environment, Social and Governance practices.Since beginning sustainability reporting in FY2017, Suntec REIT has earned several accolades, including the GRESB 5-Star rating for four consecutive years. The REIT%u2019s assets across Singapore, Australia and the UK are 100% Green Building Certified, with four overseas properties fully powered by renewable energy. With this achievement by 21 Harris Street, Suntec REIT now has three carbon neutral properties, including 177 Pacific Highway and 55 Currie Street.In addition to these milestones, Suntec REIT reduced its total energy consumption by 14% since FY2017. It is also progressing with energy-efficient upgrades, such as replacing air handling units in Singapore and integrating Suntec City%u2019s chilled water system with the Marina Bay District Cooling Network, aimed to lower carbon emissions by 10,400 tonnes over the next 30 years.Suntec REIT continues to integrate sustainability into its strategy, with around 70% of its debts linked to green or sustainability-linked loans as of December 2024.