Parkway Life Real Estate Investment Trust (C2PU) Investor presentation summary

Overview of the sustainable financing framework

• The framework enables issuance of green and social debt instruments, aligned with ICMA, LMA, APLMA, and LSTA principles, and is independently reviewed by DNV for credibility and external validation.

• Proceeds are allocated exclusively to eligible green and social projects, including green buildings, renewable energy, energy efficiency, clean transportation, water management, climate adaptation, and access to essential healthcare services.

• Exclusion criteria prevent funding of activities such as fossil fuels, gambling, tobacco, and other non-sustainable or unethical sectors.

• The framework covers all sustainable finance transactions, including bonds, loans, and other instruments, and applies to PLife REIT and its subsidiaries.

• The framework is designed to support PLife REIT’s long-term sustainability vision and ESG commitments, contributing to UN SDGs.

Project evaluation, management, and reporting

• Project selection involves a structured process with input from subject experts, the Sustainability Steering Committee (SSC), and the Sustainability Task Force (STF).

• Proceeds are tracked and managed by the Finance Team, with full allocation targeted within 24 months; unallocated funds are invested in cash or equivalents and never in excluded activities.

• Annual reporting includes allocation and impact reports, detailing project descriptions, allocation percentages, and environmental/social outcomes.

• Impact indicators include metrics such as GHG emissions avoided, energy savings, water savings, number of beneficiaries, and enhanced climate resilience.

• External reviews are conducted pre- and post-issuance, with DNV providing a Second Party Opinion and ongoing verification as needed.

DNV’s independent assessment and opinion

• DNV confirms the framework’s alignment with global green and social finance standards, including use of proceeds, project evaluation, management of proceeds, and reporting.

• Eligible project categories are found to deliver genuine environmental and social benefits, supporting climate action, resource conservation, and improved healthcare access.

• PLife REIT’s governance structure, including the SSC and STF, ensures robust oversight and integration of sustainability into decision-making.

• The framework’s reporting and transparency commitments are consistent with best practices, ensuring ongoing accountability to investors.

• DNV concludes that nothing has come to their attention to suggest the framework is not in material compliance with the relevant standards.