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Sustainable & Efficient OperationsPILLAR 2: PROPERTY PORTFOLIOESR Group LimitedEnvironmental, Social and Governance Report 202447ESR Europe %u2014 Regional REITRegional REIT partnered Sunbird Solar International Limited, a leading Pan-European solar PV developer, to install solar panels across several properties in its portfolio, enhancing sustainability and attracting potential tenants. The first phase will cover 19 properties, with a generation capacity of 4.17 MW, set for completion within a year.There is also a joint venture with Sugarbird SolarCo (UK) Limited to provide on-site green electricity to common areas, reducing carbon emissions by 713 tonnes across the portfolio. The annual solar output will be equivalent to powering 1,270 UK households, furthering Regional REIT%u2019s commitment to sustainability.Electric Vehicles (EVs)The adoption of electric vehicles (%u201cEVs%u201d) has accelerated due to stringent emission regulations, government policies and advancements in battery technologies. The Group is pursuing EV charging infrastructure opportunities by providing EV charging stations across all assets to satisfy customer demands and tenant needs progressively. Increasing the accessibility of these charging stations encourages the transition from conventional vehicles to EVs, thereby reducing emissions and mitigating the effects of climate change. As at December 2024, 904 EV charging stations (including 24 for electric forklifts) have been installed across our assets globally, a like-for-like increase of ~52% from last year (excluding divestments).Business Units# of EV charging stationsESR Australia & New Zealand101ESR China522ESR India2ESR Japan4ESR Korea45ESR Southeast Asia5ESR Europe80Others %u2014 REITs145Total904ESR Southeast Asia %u2014 ThailandESR has expanded into the Thailand market with two new logistics and industrial projects, namely Rojana Industrial Estate Laemchabang and Asia Industrial Estate Suvarnabhumi. These projects represent a THB8 billion (US$235 million) investment and will be completed by 2026. In line with Thailand%u2019s projected 3.2% GDP growth, ESR plans to invest an additional US$1 billion in the country over the next five years. ESR%u2019s industrial real estate portfolio in Thailand focuses on sustainability and incorporates various features such as human-centric design, renewable energy generation, electrification of logistics fleets, water resource efficiency management and reduction of carbon footprint throughout the development. These features are integrated from the outset of the design phase and will be implemented without compromising on the functionality and efficiency for tenants.Artist%u2019s impression of ESR%u2019s industrial park in Asia Industrial Estate Suvarnabhumi