142 STRATEGICALLY ADVANCING SUSTAINABILITY REPORT 2024 Performance: Solar Harvesting Programme Since 2013, we have been increasing our solar energy footprint across our assets to reduce reliance on grid electricity. As at FY2024, 12 of our properties across Singapore, Australia, and Japan have been fitted with solar panels. Specifically for the MTBs under ESR-REIT’s operational control, four Singapore properties with a total of 12.6 MWp capacity have generated 15,225.4 MWh of solar energy in FY2024. For our overseas portfolio, the MTBs in Japan are fitted with solar panels with a total of 4.5 MWp capacity. The MTBs in Australia are fitted with solar panels with 0.1 MWp capacity. The asset management team also worked with tenants of our Single-tenanted Building (“STB”) to install solar panels to explore green potential of the available rooftop space. As at FY2024, five Singapore STBs are equipped with solar panels, contributing to 2.9 MWp solar capacity to the Singapore portfolio. We aim to add rooftop solar panels to 21 more properties in Singapore over the next two years. Upon completion, this will further increase our total solar capacity by approximately 20 MWp, translating to 24,000 MWh of solar energy generated per year. Solar PV System Capacity and Generation details of Singapore Portfolio Singapore Portfolio MTBs in Singapore Portfolio YEAR Total Solar Capacity (MWp) Total Generation (MWh) Landlord Export (MWh) Landlord Consumption (MWh) 2023 13.8 • 12.6 from 4 MTB properties • 1.2 from 4 STB properties 15,359.9 2,357.2 3,179.7 2024 15.5 • 12.6 from 4 MTB properties • 2.9 from 5 STB properties 15,225.4 2,691.1 2,228.2 Newly installed photovoltaic panels at 51 Alps Avenue
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