Manulife US REIT - Sustainability Report 2017

Board of Directors Chief Executive Officer Finance Compliance Property Manager Human Resource Investor Relations Chief Sustainability Officer Sponsor Sustainability Steering Committee Chart Sustainability Governance MUST took its first step to formalise its commitment to sustainability by establishing a Sustainability Steering Committee (SSC) that includes senior management, representatives from the Manager and the REIT’s Property Manager. The SSC is headed by the Chief Sustainability Officer, Ms Caroline Fong, who leads sustainability strategies and action plans, sets achievement targets, oversees and reviews monitoring processes and drives sustainability performance. The committee does not work in isolation, instead, it engages the employees, key stakeholders and the Property Manager who is governed by a range of policies on sustainbility management. In addition, the SSC shares the REIT’s sustainability performance with the Board on a regular basis. The Property Manager, JHUSA Sustainable Real Estate Policy The REIT’s Property Manager has a long track record of managing sustainability and has been measuring and reporting energy consumption and carbon emissions for more than 10 years. Its vision is to drive leadership in sustainable real estate practices across its global organisation and to provide healthy and efficient workplaces for its tenants and community partners, while enhancing long- term returns. Sustainable property management is guided through a Sustainable Real Estate Policy. This policy outlines five sustainability commitment areas. To help the Property Manager meet its commitments, it has a suite of sustainability practices and checklists. The Engineering and Technical Services team provides expert guidance on operational practices and capital investments and handles the Property Manager’s sustainability programmes. The Executive Sustainability Steering Committee, which is made up of senior real estate representatives from key departments and regions, oversees progress towards achieving Manulife Real Estate sustainability vision and strategy, and ensures that it adheres to commitments, corporate policies and practices. To find out more, please refer to Manulife Real Estate’s Sustainability Report (https:// manuliferealestate.com/social-responsibility) . Entities within the Manulife Group take part in, and are members of the following global initiatives at an organisational level: • Manulife Real Estate is a member of GRESB and participates in the assessment for all portfolios and funds, including MUST. • Manulife Asset Management, including Manulife Real Estate, are signatories to the Principles for Responsible Investment. • Manulife Financial Corporation takes part in the Carbon Disclosure Project. • Manulife Financial Corporation is included in the Dow Jones Sustainability Index. 1 Minimise our environmental impact 3 Promote responsible business practices 2 Support health and wellness 4 Engage our stakeholders on sustainability 5 Be accountable for our performance 53 Annual Report 2017

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