MERLIN Properties Annual Report 2021

| 59 Sustainability Environmental sustainability is critical to ensuring compliance with the Company’s objectives at all levels and to creating value through the active management of climate change and the efficient use of resources. • Approval of the Company’s Sustainability Policy and design of the Net Zero strategy . • Achievement of 100% renewable electricity at all of MERLIN’s multi-tenant assets. • Development of phase one of the photovoltaic power generation project, Project Sun , at 3 assets. • Reinforcement of MERLIN’s position as a key player in the electrification of cities: installed charging points at practically 100% of office portfolio. • Extension of the ISO 50001 Integrated Energy Management System to 17 new assets. • Achievement of LEED and BREEAM certifications for 26 assets. • Acquirement of AEO certification for 14 new office buildings. • Complete Scope 3 carbon footprint calculation. • Launch of the Pathway to Net Zero Carbon . • Definition of decarbonization targets and approval of these by the SBTi. • Quantification and integration of climate change risks into the Company’s risk management policies in accordance with TCFD. 2021 MILESTONES FUTURE OBJECTIVES

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