Manulife US REIT - Sustainability Report 2018

Energy, Water and Waste Reduction Efforts – The Manager In October 2018, the Manager’s office moved to a new Singapore location, 8 Cross Street. To reduce waste, the carpet that was replaced was sent to be recycled into new carpets. Lights and air conditioners are also turned off automatically at preset timing every night and over the 1 2016 data is based on three properties; 2017 and 2018 data are based on five properties. 2 2016 data is based on three properties; 2017 and 2018 data are based on four properties. 3 Data has not been normalised to account for year-on-year weather fluctuations. Energy intensity increased due to weather related consumption increases in 2018. 4 Water consumption increased due to a mechanical failure of a water valve which was subsequently repaired, as well as weather related. Exchange was not included in the water consumption due to inaccurate meter readings in 2018. FY2018 Performance FY2019 Targets GRESB • Achieved 5 Star ranking – with a score of 85 (FY2017: 76) • Maintain or improve scores Energy Consumption and Intensity • Energy consumption increased by 0.1% 3 YoY (FY2017: reduced by 4.6% YoY) • Energy intensity increased by 0.6% 3 YoY (FY2017: reduced by 4.6% YoY) • Maintain or reduce energy consumption and intensity GHG Emission and Intensity • GHG emission reduced by 7.2% YoY (FY2017: reduced by 4.8% YoY) • GHG emission intensity reduced by 6.7% YoY (FY2017: reduced by 4.9% YoY) • Maintain or reduce GHG emission and intensity Water Consumption and Intensity • Water consumption increased by 0.4% 4 YoY (FY2017: reduced by 8.8% YoY) • Water intensity increased by 0.4% 4 YoY (FY2017: reduced by 8.8% YoY) • Maintain or reduce water consumption and intensity FY2018 Performance and FY2019 Targets 2016 GHG Emission GHG Emission Intensity 2016 - 2018 GHG Emission and Intensity 1 5,000 10,000 6.5 6.0 5.5 5.0 4.5 4.0 20,000 12,000 16,000 0 GHG Emissions (Tonnes Co2e) GHG Emissions Intensity (kgco2e/sf) Note: Water intensity was calculated by dividing total water consumption/ total gross floor area 2018 2017 5.6 5.7 6.0 Water Consumption Water Intensity 2016 - 2018 Water Consumption and Intensity 2 110,000 95,000 115,000 120,000 65 60 55 50 45 40 35 130,000 125,000 90,000 Water Consumption (m3) Water Intensity (L.sf) Note: GHG emission intensity was calculated by dividing total GHG emission/total gross floor area 2018 2017 56.6 56.9 60.6 2016 weekends to reduce energy consumption. Indoor plants are placed in MUST’s office as they bring about many benefits to the office such as improving air quality by removing harmful pollutants, stabilising humidity, reducing noise levels and they are known to increase productivity. Recycling activities for coffee capsules, plastic and cans were introduced since 2017 and staff are encouraged to print only when necessary, in double-sided on Forest Stewardship Certified (FSC) paper. MANULIFE US REIT 67