Home Consortium : 2021 Sustainability Report

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ASX RELEASE

• December 2021

2021 Sustainability Report

Home Consortium (ASX: HMC) is pleased to provide its inaugural Sustainability Report as attached.

-ENDS-

personal use

For further information, please contact:

INVESTORS

Misha Mohl

Group Head of Strategy & IR [phone] [e-mail]

MEDIA John Frey

Corporate Communications Counsel [phone] [e-mail]

Will McMicking

Group Chief Financial Officer [phone] [e-mail]

For

Authorised for release by the Home Consortium Board

About HomeCo

HomeCo is an ASX-listed fund manager which invests in high conviction and scalable real asset strategies on behalf of individuals, large institutions and super funds. HomeCo is well capitalised and resourced to internally fund its strategy to grow FUM to $5bn+ in the medium term by leveraging its 'Own, Develop and Manage' model.

HomeCo is the manager of HomeCo Daily Needs REIT (HDN) which listed in Nov-20 and owns approximately $1.8bn of assets. HDN recently announced a proposal to merge with Aventus Group (AVN) to create Australia's leading daily needs REIT with a combined portfolio size of $4.1bn and market capitalisation of approximately $3.3bn. HomeCo's second ASX-listed externally managed vehicle, HealthCo Healthcare and Wellness REIT (HCW) listed in September 2021.

19 Bay Street	Home Consortium Limited	Home Consortium Developments Limited
Double Bay NSW 2028	ABN 94 138 990 593	ACN 635 859 700
1300 466 326	(trading as Home Consortium)
[e-mail]	home-co.com.au

For personal use only

2021

Sustainability

Report

Creating Healthy Communities

personal use only

Acknowledgement of Country

Home Consortium acknowledges the Traditional Custodians of country throughout Australia and celebrates their diverse culture and their connections to land, sea, and community.

We pay respect to their Elders past, present and emerging,

and extend that respect to all Aboriginal and Torres Strait Islander peoples today.

For

C O N T E N T S

CEO & Chair Letter	1
About HomeCo	2
Materiality Assessment	4
Strategy and Social Impact Framework	6
Connection	8
Respect	11
Climate Action	12
Green Future	14
Alignment	16
Accountability	18
Sustainability Policies and Procedures	20
Corporate Directory	25

A B O U T T H I S R E P O R T

This is Home Consortium's first Sustainability Report and sets out our ESG strategy which has been endorsed by the Board, as well as a review of our sustainability performance for the financial year ended June 2021.

This report addresses the ESG materiality topics identified, that have an impact on, and are most material to our business and that of our stakeholders, and aligned with relevant UN SDGs and their relevant targets or indicators. In future years we aim to align with reporting standards as they develop through the newly established International Sustainability Standards Board.

C E O & C H A I R M A N L E T T E R

Our commitment to sustainability

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As responsible stewards of the funds and assets entrusted to us, our mission is to unlock strong economic performance and drive genuine, positive impact for people and our environment. The transition to a low carbon economy is rapidly accelerating, as businesses make decisions with a view toward long term value creation and to benefit future generations. At the same time, the COVID-19 pandemic has highlighted the enduring and significant impact that unforeseeable shocks can have on our daily lives, our economy, and our well-being.

For HomeCo, successful businesses not only need to respond and adapt to change, but should also consider a broader social purpose.

Since HomeCo's listing in October 2019, the Group has undergone rapid change and growth. We have transitioned from a pure asset owning business into a diversified fund manager with over $5B1 of AUM with a platform to support continued growth. The recently announced merger between HomeCo Daily Needs REIT (HDN) and Aventus will create Australia's leading Daily Needs REIT, with significant scale and enhanced capability to unlock value and extend our social impact.

During FY21 we undertook a foundational process in commencing our ESG journey by engaging KPMG Banarra to assist us in forming our approach and strategy. An important part of that engagement was to conduct an internal and external comprehensive Materiality Assessment. Many of our stakeholders, including our tenants, existing and prospective investors, were crucial in understanding what was important to them and defining our shared ambition on what can be achieved. This valuable insight has assisted us in forming our Sustainability Commitments and those specific Commitments are set out in this, our FY21 inaugural ESG report.

When it comes to our Commitments, a key objective for HomeCo is to have a real, lasting social impact on Australia's local communities. Our investments are made with a long term view, connecting communities to products and services required to live healthy and productive lives. For this reason our strategic focus is to create Healthy Communities.

For example, our HealthCo Health and Wellness REIT has an express mandate to focus on real estate assets that can serve the healthcare and wellness needs of our cities and neighbourhoods. Furthermore, the mandate for our HomeCo Daily Needs REIT is to invest in predominantly metro-located,convenience-based assets, providing the infrastructure required to ensure individuals' essential needs are accessed conveniently. COVID-19 reminds us of how important access to essential products and services are, and we are proud that our assets were able to service the increased needs of our communities throughout the pandemic's challenging periods, while we also proactively provided rental relief for Small and Medium Enterprises (SMEs) before government incentives were actioned.

We can also unlock value by supporting the transition to a green, low carbon economy. We are committed to achieving net zero emissions by 2028 across our owned and managed assets through a combination of energy efficiency, onsite renewable energy, and smart technology. Our focus and priority will be to reduce emissions on site as much as possible.

Finally, our Commitments are underpinned by a corporate governance framework that promotes ethical decision- making, best practice benchmarking, and an inclusive culture. We are proud to be members of the Principles for Responsible Investment (PRI) and the Global Real Estate Sustainability Benchmark (GRESB) and will use these frameworks to continuously report on, and enhance, our performance. Our annual Sustainability Report will remain the key communication document to showcase progress of our Commitments and performance against our targets and benchmarks.

Thank you for taking an interest in our journey and for your continued support.

David Di Pilla	Chris Saxon
Managing Director & CEO,	Chair and independent director,
Home Consortium	Home Consortium

1. Post completion of merger with Aventus expected Q1 2022

2021 Sustainability Report

1

For personal use only

About

HomeCo

Since our inception in 2017,

we have moved quickly to secure opportunities and unlock value

Home Consortium (HomeCo) is an ASX-listed (HMC) fund manager which invests in high conviction and scalable real asset strategies on behalf of individuals, large institutions, and super funds. HomeCo is well capitalised and resourced to grow its funds management strategy, with a target to increase externally managed assets under management (AUM) to $10 billion+ by 2024.

HomeCo is the manager of HomeCo Daily Needs REIT (HDN), which has a mandate to invest in predominately metro- located, convenience-based assets, across the target subsectors of Neighbourhood Retail, Large Format Retail and Health & Services.

HomeCo's second ASX-listed externally managed vehicle, HealthCo Healthcare and Wellness REIT (HCW) listed in September 2021 with a mandate to invest in real estate focused on the healthcare and wellness sectors; hospitals, life sciences, primary healthcare, aged care and childcare.

Continued growth in scale and impact

August 2017	Masters Acquisition
	Consortium acquisition of former Masters Home Improvement property portfolio
October 2019	Home Consortium IPO
	HMC listed on the ASX in October 2019 with a $0.9bn portfolio of
	freehold assets
November 2020	HomeCo Daily Needs REIT IPO
	HDN listed as a new REIT with a $0.8bn portfolio focused on daily
	needs and services
September 2021	HealthCo Healthcare & Wellness REIT IPO
	HealthCo becomes the first ASX-listed diversified healthcare REIT
February 2022	HDN and Aventus merger
	Recently announced merger will create Australia's leading
	Daily Needs REIT with $4.1bn AUM1

1. Subject to Aventus Shareholder approval and HomeCo Daily Needs REIT unitholder approval

2 Home Consortium - Creating Healthy Communities