Investing in our future

LaSalle LOGIPORT REIT’s (“LLR” or “Investment Corporation”) basic philosophy is to increase unitholder value through stable, long-term growth in cash flow and asset value. We believe that the implementation of best practices related to environmental, social and governance matters helps to mitigate risks and contributes to the sustainable improvement of unitholder value and is consistent with the basic philosophy set forth by the Investment Corporation.

ESG objectives

As a member of the LaSalle Group ("LaSalle"), LaSalle REIT Advisors K.K. (“LRA” or “Asset Manager”), the asset management company of the Investment Corporation, strives to achieve the following ESG objectives in accordance with LaSalle’s ESG Policy.

• Reduce the environmental impact of our business
• Reduce the environmental impact of our clients’ real estate holdings
• Exceed local environmental regulations where appropriate
• Drive thought leadership and innovation on sustainable property investments
• Collaborate with clients, tenants, property managers, and other service providers to provide sustainable management of properties

Board of Directors

The Board of Directors will receive a report from the ESG Committee at least once a year on the development of goals and policies related to ESG, including climate change, and the status of their efforts. The Board of Directors oversees ESG initiatives, including climate change, based on these reports at LRA.

President and Representative Director

As the chairman of the ESG Committee, oversees the execution of ESG goals, including climate change, at LRA.

ESG Committee

LRA has established a ESG Committee chaired by the President and Representative Director, which holds regular meetings once a year to establish ESG-related goals and policies, including climate change, and to monitor the progress of these efforts. The members of the ESG Committee consist of the managers of LRA's major ESG-related divisions and other staff members in charge of ESG-related activities. The committee promotes ESG-related activities in collaboration with LaSalle's Global Sustainability Committee (which meets at least six times a year) and the sustainability officer responsible for Asia Pacific.

ESG Committee

Chairman	CEO
Members	Head of Acquisitions, Head of Asset Management, Head of Fund Management, Head of Planning and Management, Compliance Officer, and other personnel in charge of day-to-day implementation
Frequency	Once a year
Main topics	Deliberations on the formulation and revision of basic policies regarding the promotion of ESG Deliberations, etc. on the formulation and revision of strategies, targets, or plans regarding the promotion of ESG Consideration of risks regarding ESG and monitoring of the status of management of such risks Reporting to the Board of Directors on matters deliberated by the Committee Collaboration with activities related to the promotion of ESG in LaSalle

ESG training

LRA conducts regular training for all employees, including contract employees, in collaboration with LaSalle’s Global Head of ESG. LaSalle has also introduced a system that allows employees to use an online platform to participate in training programs in order to deepen knowledge, raise awareness, and share best practices related to ESG.

Incorporating ESG Elements into Performance Reviews

During the annual employee goal setting procedure, LRA requires all officers and employees establish their ESG-related goals. The degree of achievement is reflected as part of the bonus assessment, and outstanding initiatives are also subject to additional internal recognition awards.

Principles for Responsible Investment (PRI)

Task Force on Climate-related Financial Disclosures (TCFD)

Net Zero Emissions

LaSalle is participating in the following initiatives and has announced a commitment to reduce the amount of CO2 emitted by its properties operating worldwide to a net zero figure by 2050.