Sustainability and Climate Report Climate Change, GHG Emissions and Energy Consumption Importance of this Topic [3-3] Climate change presents a key and evolving source of risk for REITs, with potential impacts on both the physical resilience of portfolio assets and increasing regulatory and compliance requirements. Day-to-day operations require energy consumption and generate emissions, inevitably adding to global climate pressures. Conversely, decarbonization efforts through improved energy efficiency and the expansion of on-site renewable energy, present opportunities to reduce emissions and operating costs while enhancing asset resilience. Our Approach and Progress Our Environmental Policy [3-3] The Environmental Policy reflects UHREIT’s commitment to making a conscious effort in managing its environmental footprint. Table 3: UHREIT’s Environmental Policy [2-23][2-24] Environmental Policy Under the Environmental Policy, UHREIT will work towards to positively influence our stakeholders on sustainability and make our portfolio greener through collaboration. UHREIT will strive to comply with relevant environmental legislations across all business operations, uphold and keep in line with the latest regulatory changes. UHREIT also aims to incorporate environmental sustainability within our investment philosophy, asset management and any new investments considered, working closely with tenants, partners, consultants and employees to achieve this. Our GHG Emissions [302-1] [305-1] [305-2] UHREIT’s properties are on triple-net lease, whereby tenants have full operational control over energy usage within their leased premises. As such, UHREIT’s GHG emissions primarily arise from electricity consumed within landlordcontrolled common areas and are reported under Scope 2. UHREIT does not generate Scope 1 emissions because its operations do not involve any activities that result in direct GHG emissions from owned or controlled sources. Specifically, UHREIT does not operate heating or cooling systems that rely on fuel combustion, does not use diesel-powered vehicles or on-site generators, and does not engage in any business activities requiring the combustion of fossil fuels. As a result, there are no stationary or mobile emission sources under UHREIT’s operational control that would produce Scope 1 emissions. Common area electricity use is monitored by the Property Managers, and any unusual fluctuations are investigated and addressed promptly. This monitoring process supports the Manager’s ongoing efforts to engage tenants and identify opportunities to reduce electricity consumption. 75 ANNUAL REPORT 2025
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