UBM Development : Green Finance Framework (nur auf Englisch verfügbar)

UBM Development AG April 2023

Green Finance Framework

Timber Factory, Munich.

Munich's first timber commercial campus.

A shared forum for managers, artists and artisans.

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Contents

1. 1. UBM's Sustainability Strategy
2. 1.1. Introduction
3. 1.2. Ratings
4. 1.3. Our contribution to the Sustainable Development Goals
5. 2. Green Finance Framework

1. 2.1. Use of Proceeds
2. 2.2. Process for Project Evaluation and Selection
3. 2.3. Management of Proceeds
4. 2.4. Reporting
5. 2.5. External Review

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U B M ' S S U S TA I N A B I L I T Y S T R AT E G Y

Timber Pioneer, Frankfurt. Frankfurt's first ever timber hybrid office building.

15,000 square metres of rentable space in the booming Europaviertel.

U B M ' S S U S T A I N A B I L I T Y S T R A T E G Y

1.1. Introduction

green. smart. and more. That summarises the strategy of UBM Development AG ("UBM" or "UBM Group") in four words. Explained in brief. Because anyone who plans for the future must develop buildings that are sustainable, intelligent and aesthetically appealing, where people feel well.

We develop properties for Europe's major cities. In line with our core strategy, the focus is on green building and smart office in metropolises like Vienna, Munich, Frankfurt and Prague. With 150 years of experience, UBM provides a full range of development services - from planning to marketing - from a single source.

UBM aims to become one of the leading timber construction developers in Europe. Our actions today are already focused on smart, low-barrier or barrier-free, flexible living and working to also meet the needs of tomorrow's users. As a real estate developer, we can give the office new meaning as a communication and collaboration platform - the physical workplace then becomes a place for community and corporate culture. As an employer, we also take advantage of these opportunities - for example, by benefitting from the additional innovation potential created by a diverse workforce.

The Covid-19 pandemic has significantly increased the pace of change in this area. Ecological and social sustainability are now the determining factors for our actions. UBM has been a member of the UN Global Compact since 2021, is committed to compliance with the UN Sustainable Development Goals and is an official supporter of the Task Force on Climate-related Financial Disclosures (TCFD).

UBM has anchored the relevance of ESG in its corporate strategy through the focus on green. smart. and more. and is introducing specific accompanying measures. The efficient use of resources is an integral part of ongoing oper- ations, as are social issues and adherence to compliance rules. UBM's flagship projects, green building certifications and the activities evolving from the green. smart. and more. strategy reflect the requirements of the EU and create new opportunities for UBM.

green. stands for measures in support of greening, meaning the redirection of the economy in line with the environ- ment. Our primary focus is on timber construction as well as renewable energies and green building certification.

smart. expresses our commitment to intelligent buildings. With the use of sensors and automation, buildings can be adapted to meet the needs of users and, at the same time, operations can be made more efficient.

and more. means we tell stories with our buildings. This involves aesthetics, well-being and customer experience - a "more" that is perceptible all over.

Our sustainability activities are based on the applicable rules and regulations in the countries where we are active. For example: government programmes in the countries relevant for UBM cover issues like the expansion of renewable energy, efficient energy consumption, subsidy programmes for environmentally friendly behaviour and the strengthening of fundamental and human rights, especially in the supply chain. An additional framework is provided by national and supranational norms and standards, including the UN Global Compact, Sustainable Development Goals (SDGs), the EU Green Deal and the EU Taxonomy. We have implemented - and regularly evaluate and improve - the necessary processes to realise our ESG goals and related meas- ures.

UBM Development AG is listed in the prime market segment of the Vienna Stock Exchange and, as a result, meets the highest transparency standards. That not only means financial transparency but also includes the disclosure of all other aspects of our business model.

Leading worldwide ESG rating agencies have confirmed UBM's strong position on sustainability. Additional information can be found in section 1.2.

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