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3. Basic ESG Policy/Promotion System

Global Alliance Realty Co., Ltd. (“GAR”), the asset manager of Global One Real Estate Investment Corp. (“GOR”), has decided to incorporate a perspective on Environmental, Social, and Governance (“ESG”) into its overall operations in line with the following “Basic ESG Policy” as it is believed ESG consideration will contribute to maximizing clients’ interests in the medium to long term.

GAR will continue to promote efforts on ESG in order to maximize GOR’s interests.

• In June 2023, the ESG Policy, which has been centered on the investment corporation’s initiatives, was partially revised to add the asset manager’s new social (S) initiatives (improvement of executive/employee engagement and promotion of DEI) and change the name to the Basic ESG Policy.

Basic ESG Policy

Recognizing that Environmental, Social, and Governance (“ESG”) consideration is extremely important to balance corporate growth and a sustainable society, we strive to reduce environmental burden, cooperate and collaborate with various stakeholders including investors, and proactively disclose information by incorporating a perspective on ESG into our overall operations in line with the Policy.

1. Mitigating and Adapting to Climate Change

We will contribute to combating climate change by promoting energy efficiency in real estate and using renewable energy. In addition, we aim to provide safer and more competitive real estate by considering climate change adaptation.

2.Considering User Health and Well-being

We will consider the health and well-being of tenants and users and strive to improve customer satisfaction by enhancing the indoor and outdoor environment and common use area functions.

3.Improving Engagement of Employees

We aim to balance work and personal life by promoting flexible work styles that suit individual lifestyles. We also strive to improve the engagement of employees by creating a comfortable work environment that considers their health and well-being.

4.Promoting Diversity, Equity, and Inclusion (“DEI”), and Developing Human Capital

We believe that every officer and employee is a valuable asset and recognize that the fulfillment of potential by various employees is necessary for the continued improvement of corporate value. We will foster a corporate culture enabling such diverse officers and employees to work enthusiastically and engage in human capital development through personnel systems, education, and training.

5.Developing ESG Awareness

We will work to enhance awareness of various aspects of ESG, not only among officers and employees, but also tenants and suppliers of properties owned by clients. In addition to improving the competitiveness of GAR and tenants, we aim to contribute to realizing a sustainable society.

6.Communicating ESG Information

We will proactively disclose ESG promotion structures, strategies, initiatives, and performance to various stakeholders including investors, and promote constructive dialogue. Moreover, we will seek to secure informational objectivity by using external evaluations and environmental certifications.

7.Emphasizing Compliance

To protect the interests of clients, we will ensure thorough compliance, including the prevention of fraud and corruption, the provision and receipt of improper benefits and elimination of conflicts of interest, with an aim of gaining the trust of a wide range of stakeholders.

ESG Promotion System

GAR has established the following system with the aim of continuously and systematically promoting GAR’s and GOR’s initiatives based on its Basic ESG policy.

Through an ESG Promotion Council, discuss matters such as various ESG policies, yearly targets related to respective policies, various measures, and information disclosure.

The president shall be the top officer for ESG-related matters. The top officer shall assume overall control in developing a system for promoting ESG, setting various policies and yearly targets related to the respective policies, as well as various measures based on such.

The operating officers for ESG shall be the executive officer(s) in charge of REIT Management Department or REIT Finance Department, the General Manager of REIT Management Department, and the General Manager of REIT Finance Department. Operating officers shall develop a system for promoting ESG, set various policies and yearly targets related to the respective policies, and formulate various measures based on such under the overall control of the top officer, as well as implement these in accordance with the decisions made by the top officer.

ESG Promotion Council (held once or more every three months)

Constituent members

Top officer Operating officer Compliance Officer Executive Officer in charge of Compliance Office, General Manager of Compliance Office Executive Officer in charge of Planning & General Affairs Department, General Manager of Planning & General Affairs Department Senior Manager, Planning and General Affairs Department, responsible for promoting ESG [Secretariat] Executive Officer in charge of diversity promotion and Technical Support Department, General Manager of Technical Support Department Executives and employees appointed as needed

Details of issues

Development of system regarding ESG promotion and setting items for implementing initiatives Setting reduction targets for environment-related data and progress management related to various ESG policies (Policies on energy saving, reduction of greenhouse gas (GHG) emissions, water saving, waste, etc.) Management and review of implementation status at various measures based on the above reduction targets for environment-related data Proposal on information disclosure methods concerning above items Operate and organize Environmental Management System (EMS) Proposal on items of new initiatives

Diversity, Equity and Inclusion (DEI) Promotion Panel

Constituent members	Top officer Operating officer（Executive Officer in charge of diversity promotion） Executives and employees appointed as needed
Details of issues	Consideration and promotion of matters related to DEI Understanding of various measures related to DEI promotion policy and status of their progress Proposal on disclosure methods for information related to DEI Reporting of the status of the above initiatives to ESG Promotion Council