Overview Economy Community People Environment Governance & Risk Disclosure GRI & ADX 36GRI 103-2, 103-3, 203-2 Investing in proptech Partnering with leading global venture capital funds, our planned investment of €10 million (approximately AED 44.5 million) in a number of proptech funds will support us in harnessing the power of the digital transformation in real estate, while it is still in its infancy in our region. This will help us become even closer to our customers, identify more sustainable approaches to how we do business, and ultimately drive growth for us, and our partners. Fostering a culture of innovation Driving a culture of innovation in Abu Dhabi As part of our commitment to foster a culture of innovation at every level of the business, in 2020 we laid the groundwork for Scale Up. This accelerator programme will work with global proptech startups, providing a gateway to tangible growth opportunities, mentoring and the opportunity to build strong networks. Developed in partnership with startAD, Scale Up will be rolled out in 2021, with three start-ups having the opportunity to partner with Aldar on pilot projects at the end of the programme. We believe these game changing start-ups will provide the real estate sector with innovative and sustainable solutions such as effective energy management, the development of smart cities, and the protection of biodiverse ecosystems. Also joining Scale Up is Hub71, a flagship initiative within the Economic Accelerator Program Ghadan 21. Its mission is to provide Abu Dhabi with a new global tech ecosystem, giving the start-ups better access to market capital, talent, and the business and regulatory environment. Aligned with Aldar’s sustainability and innovation commitments, the Scale Up Programme will also upskill our own business units to collaborate with global start-ups and implement innovative, sustainable real estate technologies through pilot projects. 2020 provided Aldar with an opportunity to demonstrate our resilience, agility and innovative mindset. Innovation can help us to adapt to an ever-evolving operating context, with partnerships like Hub-71 and programmes like Scale Up having a significant impact in the future of Aldar as a business but also across the sector. Maan Al Awlaqi Sustainability Council Member and Executive Director, Strategy and Transformation