REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS slide image

REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS

COMMITMENT TO GREEN | LONG-TERM TARGETS Killam APARTMENT REIT ESG Environmental Social Governance LONG-TERM TARGETS Reduce GHG emissions by 15% (1) by 2030. Produce a minimum of 10% of electricity (2) consumed by portfolio through renewable energy sources by 2025. Pursue building certifications across a minimum of 20% of Killam's portfolio by 2025. LONG-TERM TARGETS Increase employee volunteer hours by 25% by 2025. Increase number of affordable housing suites by 20% by 2025. Maintain resident satisfaction score above 85%, annually. LONG-TERM TARGETS Continue to participate in GRESB(3) survey annually, targeting a minimum increase of 5% each year to reach GRESB 4 Star ranking by 2025, and continue to expand ESG disclosure. Increase the diversity of employees, including a 25% increased representation of employees who identify as racialized, as persons with a disability, and as LGBTQ2+ by 2025. (1) Scope 1 and 2 emissions from 2020 levels. (2) Operational controlled electricity. (3) GRESB is a mission-driven and investor-led organization that provides actionable and transparent ESG data to financial markets. March 2023 | Page 43
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