The document outlines the March 2021 live Q&A session on the 2021 real estate assessment conducted by GRESB, emphasizing that the opinions and information presented are reflective of GRESB and not independently verified. It highlights the impacts of COVID-19 on assessments and governance updates, including the establishment of the GRESB Foundation and the focus on ESG strategies moving forward. Additionally, it provides details on assessment resources and upcoming Q&A sessions for further engagement.

1. March 2021
2021 Real Estate Assessment
- Live Q&A Session -

2. © 2021 GRESB BV
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Agenda
Q & A S e s s i o n
Introduction to GRESB Team
Governance Update
2021 Real Estate & Infrastructure Assessment Updates
o Implications of COVID-19 on the Real Estate Assessment
o Resilience Integration
Assessment Resources
Open Q&A Session

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Q & A S e s s i o n
Please unmute yourself to ask questions or enter them into the Chat
function

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G R E S B Te a m

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G o v e r n a n c e U p d a t e
 GRESB is working with the Interim Foundation Council to finalize the
documents to formally establish the GRESB Foundation. We have been
meeting regularly to review the documents and expect that these can be
finalised in the next few weeks.
 Existing groups will continue to meet through the year to work on the 2022
Assessments and Strategy
 Once fully established, all existing groups will cease and the associated work
will transfer to the Foundation

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G o v e r n a n c e U p d a t e
2020 was a disruptive year. Covid hit and impacted our society and economy hard. GRESB went through
an arduous management buy out process completed in November. And from an ESG perspective, the
focus on ESG intensified and the transformation of our economy accelerated. The 2020 restructuring of the
Assessments into distinct components was successfully completed enabling an increased focus on
performance in the future. It is timely for us now to critically review the way that GRESB serves the needs
of the investor community.
To this end, GRESB is working on our strategy for the coming years. There are several components to this
strategy including:
 Real Estate Assessments Roadmap
 Infrastructure Assessments Roadmap
 GRESB output development Roadmap (i.e. rating, peer groups, rankings, etc)
 GRESB core competencies strategic development (data reporting, scoring, validation, benchmarking)
 New Products Roadmap
 Stakeholder Engagement Strategy

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C O V I D - 1 9
What are the implications of COVID-19 on the 2021 Real Estate
Assessment?
 The impact of COVID-19 on the 2021 Real Estate Assessment was thoroughly discussed with
GRESB’s governance bodies.
 The effects of the pandemic vary drastically depending on the location and property type of the
assets.
 Markets require as much stability as possible (both input and scoring methodology)
 The Real Estate Assessment remains stable in 2021
 The scoring methodology for Data Coverage and Like-for-Like also remains unchanged.
 The GRESB Outlier Model and its thresholds will not change. GRESB intends to conduct an analysis post-

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R e s i l i e n c e I n t e g r a t i o n
Leadership
Policies
Reporting
Risk Management
Stakeholder
Engagement
ASPECTS Section: Climate-related Risk Management
RE
Resilience of
Strategy
Transition Risk
Identification
Transition Risk Impact
Assessment
Physical Risk
Identification
Physical Risk Impact
Assessment
RM5
RM6.1
RM6.2
RM6.3
RM6.4
Indicator Title

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I n f r a s t r u c t u r e A s s e s s m e n t s

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2020
Resilience
Module
R e s i l i e n c e I n t e g r a t i o n
Aspect Fund Asset Indicator
Leadership LE3 LE4 Individual responsible for ESG
and/or climate related objectives
(amended)
LE4 LE5 ESG and/or climate-related senior
decision maker (amended)
Risk
Managemen
t
RM2 RM3 Resilience of strategy to climate-
related risks (new)
RM3.1 RM4.1 Transition risk identification (new)
RM3.2 RM4.2 Transition risk impact assessment
(new)
RM3.3 RM4.3 Physical risk identification (new)
RM3.4 RM4.4 Physical risk impact assessment
(new)

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G R E S B A s s e s s m e n t R e s o u r c e s
All Assessment materials and resources are available
online at
documents.gresb.com &
gresb.com/resources/
2021 Resources
• Reference Guide
• Scoring Document
• Indicator Summary
• Assessment in Excel format
• Asset Spreadsheet (RE only)
• Scoring Simulator (RE only)
• Materiality & Scoring Tool (Infra only)
• Sector-location Matrix (Infra only)
• Scope 3 Guidance (Infra only)

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G R E S B T r a i n i n g P l a t f o r m
GRESB free online training platform
includes videos for all aspects of the
Assessment
gresb.com/courses/2021-real-estate-
training

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G e t t i n g i n To u c h
Our team will respond to any question
within 2 business days
gresb.com/contact

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R e g i s t e r f o r Q & A S e s s i o n
GRESB is organizing Q&A sessions next
week:
• 11 May at 11 AM EDT – Infrastructure
• 12 May at 11 AM EDT – Real Estate
https://gresb.com/event/gresb-
infrastructure-assessment-training-
2021-qa-webinar-europe-north-america-
2/
https://gresb.com/event/gresb-real-
estate-assessment-training-2021-qa-
webinar-europe-north-america-2/

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Q & A S e s s i o n
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function

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Q & A S e s s i o n
More of our investors are submitting their own GRESB assessments - meaning we are
responding to data requests from them with advanced deadlines as well as preparing and
submitting our GRESB assessments. To help us in our discussions with our investors as
the number of investor-specific requests continues to increase, can you give us an
overview of what information is available to GRESB investor members? Can they select
multiple entities through the portal and receive a combined report on their investments
rather than submitting their own GRESB assessment?

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Q & A S e s s i o n
How many organizations are undertaking ESG without an external ESG-specific advisor

19. Thank you
https://gresb.com/contact/
Kevin Kirby
k.kirby@gresb.com
Cathy Granneman
c.granneman@gresb.co
m