Manulife US REIT-Sustainability Report 2020

Committing to the United Nations Sustainable Development Goals Looking ahead on a global level, we continue to align our sustainability initiatives to the United Nations Sustainable Development Goals (UN SDGs). The UN SDGs are a universal call to action to end poverty, protect the planet and improve the lives and prospects of all life on earth, set out across a 15-year plan. Hence, we have mapped MUST’s material ESG topics and initiatives to the UN SDGs: Sustainability Focus Area Material Topics UN SDGs Supported Highlights of Environmental and Social Benefits Sustainable Properties • GRI 201 – Economic Performance • GRI 302 – Energy • GRI 303 – Water • GRI 305 – Emissions • Less pressure on natural resources such as natural gas and water • Lower GHG emissions • Healthier workspaces and more satisfied tenants External Relations • GRI 413 – Local Communities • More relevant investment options and better financial stability for the investment community • Drive social benefits through inclusive tenant and local community investment Human Capital • GRI 401 – Employment • GRI 404 – Training and Education • GRI 405 – Diversity and Equal Opportunity • Provide career opportunities that elevate the local talent market, which contributes to the local socio- economic setting Ethical Corporate Behaviour • GRI 205 – Anti-corruption • GRI 307 – Environmental Compliance • GRI 416 – Customer Health and Safety • GRI 417 – Marketing and Labelling • GRI 419 – Socioeconomic Compliance • Engage in advancing public policy discussion that promotes environmental and social improvements MUST’s Strategic Sustainability Objectives To pledge our commitment to reduce our environmental footprint and create sustainable value for our stakeholders in the long-term, we have outlined MUST’s strategic sustainability objectives based on the identified material topics: Environmental Social Governance Achieve 100.0% certified green buildings by 2030 by acquiring and maintaining sustainable buildings Increase the investment community's understanding of U.S. market dynamics and emerging office trends through thought leadership initiatives under Green Dot Series Focus on diversity for Board and senior management Minimise climate risk by integrating climate risk assessments into individual asset business plans Prioritise physical and mental health of our tenants and employees through regular workshops and other communications Include ESG factors in the annual performance targets of all employees Set GHG reduction target by building a GHG scenario model 71 ANNUAL REPORT 2020