REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS slide image

REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS

COMMITMENT TO GREEN | 2021 PERFORMANCE Killam APARTMENT REIT • . Environmental ESG Social Governance 2021 PERFORMANCE Invested $8.2M in energy efficiency projects. Achieved 5.6% reduction in like-for-like energy consumption. Reduced greenhouse gas intensity (tCO2e per SF) by 8.6%. Completed nine solar photovoltaic installs, which will produce 1,000 MWh of annual renewable energy. Achieved building certifications on eight properties (927 units). Recognized as one of Canada's Greenest Employers. Completed an independent review of its 2021 energy consumption and greenhouse gas inventory. 2021 PERFORMANCE Supported affordable housing with more than 850 subsidized units through community partnerships. Achieved an 84% employee satisfaction score. Partnered with the Canadian Centre for Diversity and Inclusion to complete its bi- annual diversity survey. Increased employee volunteer time by 20% from 2019. Added 108 units to its supported affordable housing portfolio. Achieved an 86% resident satisfaction score. • 2021 PERFORMANCE Improved GRESG score by 6% in 2021, in addition to 40% since initial participation. Reported under TCFD framework and aligned with SASB and GRI standards. Conducted an extensive stakeholder engagement process to review its ESG materiality. Aligned Killam's strategy and targets with two additional UN Sustainable Development goals: Gender Equality and Climate Action. Earned a GRESB Public Disclosure survey rating of "A". March 2023 | Page 44
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