FLE believes that Environmental, Social and Governance (“ESG”) principles are crucial to developing strong and sustainable strategy and will be more and more essential to the preservation of the value of its buildings. FLE (the “AIFM”) is committed to integrating ESG factors within the investment decision processes and assets management. This commitment is embodied in both short and long-term ESG objectives. Considering sustainability risks into  investment decision-making are crucial to ensuring sustainable growth.

Indeed, over the last two years, we have consciously accelerated our ESG initiatives within our
company where at the AIFM level, we:

• Implemented ESG working groups in all markets;
• Maintained a clear ESG governance with a Senior management and Board of Directors
  highly supportive and engaged on ESG considerations;
• Implemented an ESG policy defining our long-term sustainable strategy on all markets.

Moreover, the AIFM added considerable domain expertise, becoming a member of leading
organizations such as United Nations Principles for Responsible Investment (“UNPRI”) to
engage on ESG integration within our industry and started reporting on ESG progress.

Furthermore, we strengthened our investment strategy with the promotion of social and
environmental characteristics in FLE SICAV-FIS’ investment strategy(2), qualifying the Fund as a
financial product under SFDR article 8(1). The funds obtained in 2022 ISR and LuxFLAG
certifications.

The above EGS initiatives contribute to the strong objectives of growth of FLE SICAV-FIS