Date Title BREEAM In-Use and the

| Date: | Title: BREEAM In-Use and the International Sustainability Alliance BREEAM Existing Buildings Assessment, Knowledge, Value Justin Halewood ecobuild 2011 Part of the BRE Trust

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Independent and impartial Free of any bias BRE Group is completely independent of government, commercial, sectorial or vested interests of any kind – we are influenced only by the facts. For the benefit of all Profits earned by BRE Group companies go, not to shareholders, but back into projects supported by the BRE Trust – the UK’s largest research and education charity for the built environment. 2

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Creating and transferring knowledge 3

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Mass-market shift in the construction sector BRE (estimate), 2011 Million m 2 of BREEAM certified floor area up to January 2011, by rating. . . 4

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Age profile for the projected non-domestic UK building stock Analysis 1 By 2050, 60% of the building stock will have been built prior to 2010. 2 To achieve an 68. 4 Mt. CO reduction in CO 2 emissions by 2050, improvements to existing buildings will be required alongside the construction of new zero-carbon buildings. BRE, 2010… Energy Efficiency in New and Existing Buildings. . . 5

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance BREEAM In-Use – BRE Environmental and Sustainability Standard (BES 5058) – Designed to provide detailed and meaningful insight into the environmental performance of buildings throughout their entire operational life. – Providing assessment of: – the building (Asset Rating), – the operation of the building (Building Management Rating), – how Clients are managing their activities within the building (Organisational Rating). 6

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Input and outputs ASSESSMENT KNOWLEDGE VALUE 1 2 3 7

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Assessment – Using an online system, assets are preassessed by Clients and certified by Auditors. – Answers to 197 questions contribute to the overall Asset, Building Management and Organisational ratings. – Questions are split between up to 10 categories and can be shared between ratings. – Flexible submission of answers. – Consumption data is used to track performance over time. ASSESSMENT DATA 1

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Example assessment criteria Tripartite pre-assessment: – Asset (Part 1) “Are tenancy submeters provided? ” – Management (Part 2) “Is there a policy for minimising the use of harmful VOC-emitting materials or substances? ” – Organisational (Part 3) “Do you reduce/manage the negative environmental impacts associated with staff commuting, business travel and/or visitor/customer travel? ”

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Client 1 Visit www. breeam. org/inuse Auditor 1 Visit www. breeam. org/events 2 Download free training material and 2 Attend BREEAM In-Use Auditor complete online exam 3 Receive Exam Pass ID 4 Visit www. assetinuse. com training (plus prerequisites) 3 Login to www. assetinuse. org using account details assigned by BRE 5 Create account 4 Receive asset pre-assessment 6 Log assets online from client 7 Register measurements 5 Verify against submitted evidence 8 Undertake pre-assessment 9 Submit to Auditor online alongside base 6 Take certification decision evidence base 10 Receive certification 10

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Online assessment process (Client-side) Step 2 Performance management Step 1 Offline data collection Online preassessment Log assets online Pre-assessment dashboards (training firewall) Bulk Data Collection Asset Data XLS Spreadsheet XML/XSD Data Register pre-assessment Bulk Collection - Asset - Environmental Data Online questionnaire Review and edit data online Internal quality assurance Asset Summary (BMD) Live BREEAM In. Use scores: Asset Building Organisational Live KPI scores Pre. Assessment Only Offline pdf data collection Select validation option Assign Auditor validation and feedback QA validation Verified KPI Reports: Step 3 Certification & Verification Asset Complete Report, Asset Rating Report Auditor issues online downloadable PDF Reports/Certificates BREEAM In-Use Certificates: Asset Building Organisational

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Log asset Free Register pre-assessment £ 190 Certificate £ 250 (plus Auditor fee) 12

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Knowledge Tripartite interests: – Owner: Direct effective interventions and maximise portfolio performance. – Manager: Regular reviews lead to year-on-year improvement in property performance. – Occupiers: Identify how to save money and improve profitability of business operations. KNOWLEDGE 2

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Case studies EDF Energy Cushman and Wakefield – Following the initial pre-assessments, a cost analysis produced a full range of improvement measures to integrate within a property strategy. – For example, biodiversity could be improved at low cost. – Global commercial real estate services firm, Cushman & Wakefield tested BREEAM In-Use, and is now applying the scheme to around 200 of the UK properties it manages. “We were seeking a robust methodology that was efficient, effective and easy to use to self-assess the environmental performance of our building portfolio – BREEAM In-Use provides this” Simon Marshall, EDF Energy – Afforded flexibility to select a pre-assessment against the management rating as the starting focus, and then expand into the other areas requested by the client, including full certification. “While we don’t know enough yet about how different types of property perform to give a general rating target, we are committed to seeing an improvement as a principle and we will use BREEAM In-Use to drive that. ” 15 Andries van der Walt , Cushman & Wakefield’s UK Head of Sustainability

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Value – Business case beyond operational cost savings. – Emerging research shows a link between the financial and environmental performance of property assets. – In order to protect and enhance value, sustainability characteristics need to be continually monitored and reported consistently. VALUE 3 VALUE DATA KNOWLEDGE – Information required is systematically created, structured and collected through sustainability certification. Investor attitudes to sustainability, GVA Grimley, 2010

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Value Photo courtesy of Hattie Harman, AJ Operating costs 8 -9% 7. 5 % Building Value 3% Rents 3. 5 % Occupancy 17 Sustainable Buildings Alliance, 2010

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance (ISA) EDF Tower, Paris – ISA Ltd is a not-for-profit members organisation working in partnership with the BRE Trust to collect and analyse environmental operational data from the built environment. – As a global network of leading corporate occupiers, property investors, developers and owners, ISA members are dedicated to achieving a more sustainable built environment through better measurement and understanding of the sustainable performance of buildings. 18 Redevco Building, Paris

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance Objectives of ISA Ltd 1 Pool, compare and benchmark reliable performance data for the built environment 2 Provide easy access to sustainability certification for existing stock 3 Improve the quality of environmentally related regulation 4 Promote and facilitate evidence-based research 19

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance JI 090211

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance ISA KPIs – backed by industry, based on practise Nr. Key Performance Indicator Metric 1 Total indirect energy consumption k. Wh or MWh / year 2 Total direct energy consumption k. Wh or MWh / year 3 Building energy intensity k. Wh / m 2 / year 4 On-site energy generation in volume k. Wh or MWh / year 5 Total direct and indirect greenhouse gas emissions by weight Kg Co 2 e / year 6 Total direct and indirect greenhouse gas intensity from building energy Kg Co 2 e / m 2 / year 7 Total water withdrawal by source Cubic metres (m 3) / year 8 Building water intensity m 3 / m 2 / year 9 Total weight of waste by type and disposal method Metric tonnes 21

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance ASSESSMENT KNOWLEDGE VALUE 1 2 3 “Build your future sustainable real estate power with the ISA membership and become twice as smart. ISA enables your company to undertake internal and external Corporate Responsibility reporting and makes your portfolio ready for BREEAM In-Use indicative scores and/or certification, to be compared the with the ISA benchmark. ” Jaap Gillis, COO Redevco, 2011 22

| Date: 3/17/2018 | Title: BREEAM In-Use and the International Sustainability Alliance We’re Celebrating. BRE Bucknalls Lane Watford WD 25 9 XX T +44 (0)1923 664000 E enquiries@bre. co. uk Part of the BRE Trust www. bre. co. uk