Dexus (ASX: DXS) ASX release 17 August 2021 2021 Sustainability Report Dexus releases its 2021 Sustainability Report, which includes the: − Sustainability Performance Pack − Sustainability Data Appendix − Sustainability Approach and Procedures − GRI Content Index − Sustainability Assurance Statement This report should be read in conjunction with Dexus’s 2021 Annual Report. Authorised by the Board of Dexus Funds Management Limited For further information please contact: Investors Media Rowena Causley Louise Murray Senior Manager, Investor Relations Senior Manager, Corporate Communications +61 2 9017 1390 +61 2 9017 1446 +61 416 122 383 +61 403 260 754 [email protected] [email protected] About Dexus Dexus (ASX: DXS) is one of Australia’s leading fully integrated real estate groups, managing a high-quality Australian property portfolio valued at $42.5 billion. We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $17.5 billion of office, industrial and healthcare properties, and investments. We manage a further $25.0 billion of office, retail, industrial and healthcare properties for third party clients. The group’s $14.6 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. Sustainability is integrated across our business, and our sustainability approach is the lens we use to manage emerging ESG risks and opportunities for all our stakeholders. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange and is supported by more than 30,000 investors from 23 countries. With over 35 years of expertise in property investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering superior risk-adjusted returns for investors. www.dexus.com Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS) Level 25, 264 George Street, Sydney NSW 2000 Sustainability Report 2021 Creating spaces where people thrive Sustainability Report 2021 Our Sustainability About Dexus We invest only in Australia, and directly own $17.5 billion office, industrial and Report describes Dexus is one of Australia’s leading healthcare properties and investments. how we create long- fully integrated real estate groups, We manage a further $25.0 billion of managing a high-quality Australian office, retail, industrial and healthcare term value through property portfolio valued at $42.5 billion. properties in our funds management Dexus is a Top 50 entity by market business which provides wholesale addressing the capitalisation listed on the Australian investors with exposure to quality environmental, social Securities Exchange (trading code: DXS) sector specific and diversified real and is supported by more than 30,000 estate investment products. The funds and governance issues investors from 23 countries. within this business have a strong track that matter most to us We believe the strength and quality record of delivering outperformance and our stakeholders. of our relationships will always be and benefit from Dexus’s capabilities. central to our success and we are The group’s $14.6 billion development deeply committed to working with pipeline provides the opportunity to our customers to provide spaces that grow both portfolios and enhance engage and inspire. future returns. With over 35 years of expertise We consider sustainability to be an in property investment, funds integral part of our business with management, asset management and the objectives of Leading Cities, development, we have a proven track Future Enabled Customers, Strong record in capital and risk management, Communities, Thriving People and an and delivering superior risk-adjusted Enriched Environment supporting our returns for investors. overarching goal of Sustained Value. Annual Reporting Suite Dexus presents its Annual Reporting Suite for the year ended 30 June 2021 available at www.dexus.com/investor-centre The 2021 Annual Reporting Suite is available in hard copy by email request to [email protected] or by calling +61 1800 819 675. Annual Results Annual Report Financial Statements Sustainability Report Annual Results Corporate Governance Modern Slavery Presentation 2021 2021 2021 Presentation Statement Statement 2021 Creating spaces Creating spaces 2021 2021 2021 where people thrive where people thrive Annual Report 2021 Financial Sustainability Annual Results Corporate Modern Slavery Statements 2021 Report 2021 Presentation 2021 Governance Statement 2021 Statement 2021 Sustainability Sustainability Performance Pack Performance Sustainability Performance Pack Sustainability reporting that supports the results outlined in the 2021 Annual Report. → Page 2 Sustainability Data Appendix Data Sustainability Data Appendix Comprehensive datasets for a range of environmental, social and governance indicators. → Page 66 and Procedures Sustainability Approach Approach Sustainability and Procedures The policies, procedures and practices that underpin our sustainability approach. → Page 108 Index GRI Content GRI Content GRI Content Index Content index supporting the alignment of the 2021 Annual Reporting Suite with the GRI Standards. → Page 173 Sustainability Statement Assurance Statement Documents on the assurance over select environmental and social data. Page 199 → Assurance Sustainability Dexus 2021 Sustainability Report 1 Sustainability Performance Pack The Sustainability Performance Pack describes how we have applied the Dexus Sustainability Approach to create value for our stakeholders in FY21. 2 Sustainability Performance Pack Sustainability Sustainability Performance Pack Performance Sustainability at Dexus Sustained Value An overview of our sustainability approach, Delivering superior long-term materiality approach and alignment with performance for our investors Sustainability Data Appendix Data global goals. and third party capital partners, underpinned by integrating environmental, social and governance issues into our business model. → Page 4 → Page 10 Leading Cities Thriving People and Procedures A high-quality portfolio that An engaged, capable and contributes to economic prosperity high-performing workforce that Approach Sustainability and supports sustainable urban delivers on our strategy and supports development across Australia’s the creation of sustained value. key cities. Index GRI Content GRI Content → Page 16 → Page 24 Future Enabled Enriched Customers Environment and Strong An efficient and resilient portfolio Communities that minimises our environmental footprint and is positioned to thrive in a climate-affected future. A strong network of value chain partners (customers, communities Statement and suppliers) who support Dexus and are positively impacted by Dexus. → Page 34 → Page 52 Assurance Sustainability Dexus 2021 Sustainability Report 3 Sustainability at Dexus Dexus’s sustainability reporting describes our Value creation framework application of the Dexus Key Key business Sustainability Approach resources activities from 1 July 2020 through to 30 June 2021. Superior long-term VALUE DRIVERS performance for our investors – Financial performance The Dexus Sustainability Approach Sustained and third party capital – Capital management informs how we create long-term value Value partners, underpinned by through understanding and addressing Financial → Page 10 – Corporate governance integrating ESG issues into environmental, social and governance our business model (ESG) issues that are relevant to our operations. A strong approach to sustainability (used interchangeably with “ESG” throughout A high-quality portfolio VALUE DRIVERS Dexus reporting) can underpin long-term that contributes to – Portfolio scale and outperformance, while a weak approach Leading economic prosperity and occupancy can erode value or cause reputational Cities supports sustainable urban – Economic contribution damage through increased exposures Properties → Page 16 development across to ESG risks or an inability to effectively M – Development pipeline a Australia’s key cities respond to change. ng n ti a s g e i In recognition of the importance of v n n g sustainability for our business, we publish I an integrated reporting suite at the end of An engaged, capable and VALUE DRIVERS each financial year that is aligned with the high-performing workforce – Employee engagement International Integrated Reporting Council Thriving that delivers on our strategy <IR> Framework. The 2021 Annual Report Sustainability – Inclusion and diversity T People Approach and supports the creation describes how the Dexus Sustainability People and r Oce Industrial Retail Healthcare a → Page 24 of sustained value – Health and safety Approach objectives are integrated into capabilities n s our business model and provides an a overview of our performance against c g t n these objectives. The 2021 Sustainability in i g p Report comprises several components: lo & e T v – Sustainability Performance Pack, ra De A strong network of value VALUE DRIVERS di which expands on the performance ng Future Enabled chain partners (customers, – Customer experience highlights within the 2021 Annual Report Customers and communities and suppliers) – Community contribution and provides further insight into how Customers and Strong who support Dexus