2017 GRESB Real Estate Results presentation, presented on 27 October in Stockholm, hosted by the Swedish Property Federation Slides 1-24: GRESB Slides 25-43: Sponda Plc

1. 2017
GRESB
RESULTS
N O R D I C S

2. 198
850

3. Do you collect energy data?
2010 2012
Precise energy data coverage
24%

4. 2017
60%

5. Sustainability clauses in
lease contracts?
2012
23%

6. 2017
Sustainability clauses in
lease contracts?
80%

7. GRESB Score
GRESB
participants
(density)
2012
n=445
0 20 40 60 80 100
2017
n=823

8. 2013
2011
2012 2014
2015
2016
2017

9. North America
Asia
Australia/NZ
Europe

10. Europe
Nordics

11. 2017

12. ESG LEADERS ADOPT HEALTH & WELL-BEING
North
America
Europe Asia
Aus/NZ
Other
2016 174
2017 252
30% 70
100
63
All GRESB

13. Stakeholder
Engagement
Management
Policy &
Disclosure
Risks &
Opportunities
Monitoring &
EMS
Performance
Indicators
Building
Certifications

14. 57%
Precise energy data coverage
EUROPE
INDUSTRIAL RETAIL RESIDENTIAL HOTEL OFFICE
80 162 120 216 166
Intensities/Property type

15. Europe
North
America
Australia/NZ
OFFICE

16. Average L-F-L energy
consumption change
2016:
-1.1%
GRESB average annualized
intensity & l-f-l targets

17. 204
$2,324.5bn
11
$2.3bn
3
$11.6bn
433
$803.7bn
124
$346.9bn
Globally
diversified
9
$26.7bn
66
$146.3bn

18. 204
$2,324.5bn
11
$2.3bn
3
$11.6bn
433
$803.7bn
124
$346.9bn
Globally
diversified
9
$26.7bn
66
$146.3bn
NORTH AMERICA EUROPE ASIA-PACIFIC
54% 70% 50%
GRESB listed market coverage (% of market cap)
100%
GRESB Public Disclosure

19. GRESB Public Disclosure
ABCDE
0
50
100
150
200
Transparency is key
Non-GRESB participants

20. Transparency is key
0
100
80
60
40
20
2010 2017201620152014201320122011
52
100
First-year
8-year
75
100

21. Investors
94%
35%
100%
Use GRESB data in their
investment process
Set specific targets in terms of
GRESB performance
Consider their managers to be
moderately to fully prepared to
meet ESG requirements
2012

22. 2017
Investors have driven ESG-related disclosures in the real estate
sector, with the aim to protect and enhance shareholder value
We can more precisely measure and evaluate ESG performance due
to increased coverage, better metrics, and higher quality data
The sector’s increased transparency and improved performance
supports our mission to evaluate and empower sustainability practices

23. 2022
?
Sustainable Real
Assets

24. 2017
GRESB
RESULTS
N O R D I C S

25. Sustainability at Sponda
Hannamari Koivula, Sustainability Manager
2017 GRESB Real Estate Results, Nordics – event, Stockholm, 27 October 2017

26. 26
1. Sponda today
2. Spondability
3. Sustainability reporting and going forward

27. 1. Sponda today

28. About Sponda
28
Offices
Shopping
centres
Helsinki
CBD 48%
Non-
strategic
holdings
Property
develop-
ment
5%
6%
58%
31%
3,807.5 M€
Investment property portfolio
30.6.2017
Sponda is a property investment company
specialising in commercial
properties in Helsinki and
Tampere.
We own, lease and develop
office, retail, shopping centre properties into
operating environments which promote our
customers’ success.

29. 29
Sponda property allocation
MATINKYLÄ
KEILANIEMI
LEPPÄVAARA
PITÄJÄNMÄKI
AVIAPOLIS
RUOHOLAHTI
PASILA
TIKKURILA
CBD
KALASATAMA
OULU 2.3%
TAMPERE 6.5%
VANTAA TOTAL 0.7%
ESPOO TOTAL 4.8%
RUOHOLAHTI 15.5%
CBD 47.8%
REST OF HMA 11.9%
Total property portfolio value at 30 June 2017: EUR 3.8 billion
Property development 5.2%
Non-strategic holdings 5.3%

30. 30
Sponda’s properties in the
Helsinki city centre

31. 2. Spondability

33. • The property sector as a whole plays a
key role in improving energy efficiency
and mitigating climate change, and
Sponda wants to have a strong
involvement in this effort.
• Environmental responsibility is one of
Sponda’s strategic priority areas and
one of our key processes.
• The main goals of Sponda’s strategy are
profitable growth, simplification of the
business structure and more focused
property ownership.
• In addition to the company’s strategic
direction, the criteria applied by Sponda
in selecting properties for acquisition
and ownership include energy efficiency,
flexibility, central location and access to
public transport.
• Sponda takes environmental aspects
into account in property planning, new
development, renovation, maintenance
and usage, in cooperation with
stakeholders.
• All of our new properties and major
renovations are built to satisfy the
criteria of the strictest environmental
certification systems.
Environmental responsibility at Sponda

34. Sponda’s environmental targets
34
Sponda’s annual environmental
targets focus on improving energy
efficiency and reducing CO2
emissions and increase the share of
LEED and BREEAM certified
properties.
2017
2020
Sponda has joined the voluntary energy efficiency agreement for 2017–
2025 between the property sector and the Finnish Ministry of Economic
Affairs and Employment, the Finnish Ministry of the Environment and the
Finnish Energy Authority. Sponda is thereby committed to conducting
energy efficiency actions and investments by 7.5 per cent by 2025, when
compared to the energy consumption level of 2015.
2025
LEED or BREEAM
certified leasable
area
27%
Sponda’s energy efficiency program aims at 20
per cent reduction of the energy consumption of
properties by 2020, compared to the average
consumption of 2001-2005.
2020

35. Sponda’s environmental programmes –
partnership for the good of the environment
In partnership with our customers and
partners, we develop a wide range of
solutions in order to increase the
energy efficiency and eco-friendliness
of properties.
Our energy-efficiency programme identifies potential
energy savings and thus carbon footprint reduction in co-
operation with the property users and managers. Over
90% of our properties belong to the programme.
Our environmental partnership programme takes into
consideration not only energy consumption but also
the environmental impacts of the property and its use
more widely.

36. Long-term development of key environmental indicators*
Energy consumption in total, MWh Electricity consumption, MWh Heating consumption, normalised, MWh
District cooling consumption, MWh Water consumption, m3 Waste recovery rate, %
195,0
200,0
205,0
210,0
215,0
220,0
225,0
230,0
235,0
240,0
2010 2011 2012 2013 2014 2015 2016
-11%
88,0
90,0
92,0
94,0
96,0
98,0
100,0
102,0
104,0
106,0
108,0
2010 2011 2012 2013 2014 2015 2016
-11%
100,0
105,0
110,0
115,0
120,0
125,0
130,0
135,0
2010 2011 2012 2013 2014 2015 2016
- 9%
0
1 000
2 000
3 000
4 000
5 000
6 000
2010 2011 2012 2013 2014 2015 2016
-42%
245,0
250,0
255,0
260,0
265,0
270,0
275,0
280,0
285,0
290,0
295,0
300,0
2010 2011 2012 2013 2014 2015 2016
-10%
0
10
20
30
40
50
60
70
80
90
100
2010 2011 2012 2013 2014 2015 2016
*) Like-for-like data includes only properties that have environmental data for the
whole 6-year-period.

37. 3. Sustainability reporting and going
forward

38. • Annual sustainability reporting
• Sector leader 2017 in GRESB
• Leadership A- in CDP Climate
• UN Global Compact
• An annual report according to GRI G4,
EPRA requirements
• The Finnish voluntary energy efficiency
agreement of the property sector (TETS),
commercial properties
• Climate Partner of the City of Helsinki
• WWF Green Office in HQ and MOW Co-
working offices
Transparent reporting on corporate
responsibility both internationally and in
Finland

39. Sponda GRESB development path
• 2012: GRESB reporting started
• 2013: Green Star since 2013
• 2017: GRESB Sector Leader 2017
- The best result both in Nordic and in Europe in
the ”Diversified – Office/Retail” sector
- Sponda outperformed more than 80% of the market
39
Since 2012, increasing
commitment, emphasis and
resources to develop
sustainability and
transparent reporting.

40. Sponda GRESB 2017 with development points
Management:
Keeping up the good level
Policy & Disclosure:
Widen the scope of
third party assured
data and disclosure
Risks and
opportunities:
Continue sustainability
risk assessment
integration in company
and property level risk
management processes
Environmental certifications:
Increase the share of certified
leased area annually according
to company strategy and
targets.
Performance:
Continue actions according to company
strategy to to further reduce
consumption as well as CO2 footprint
and increase energy efficiency.
Monitoring & EMS:
Ensuring that property level
automated consumption
monitoring covers the
highest possible portion of
properties.
Stakeholder engagement:
Keeping up the good level in
stakeholder engangement

41. Sponda sustainability development focus
Maintain position among the leading real estate
companies in sustainability within the Nordic region
• Increase energy efficiency in property portfolio
• Increase the share of renewable energy usage in property
portfolio
• Reduce carbon footprint of property portfolio
• Increase share of LEED and BREEAM environmentally certified
properties
• Continue the implementation of responsibility principles in supply
chain
• Maintain transparency in corporate sustainability via robust
sustainability reporting and communications

42. Main drivers for Sponda sustainability
development Sector
The important role
of real estate
sector in improving
energy efficiency
and minigating
climate change
Stakeholders
Customers
Owners
Investors
Associations
Neighbourhood
Global and
national Agenda
Climate change
Urbanisation
Regulation
Transparency
Sponda
Strategy
Spondability
Ambition
Increase in
property value
Cost reduction
through reduced
maintenance costs,
customer
cooperation
Needs of the future
Properties better
designed to fulfill the
needs and
requirements of the
future
42

43. Sponda Plc
Korkeavuorenkatu 45
00130 Helsinki Finland