Overview Economy Community People Environment Governance & Risk Disclosure GRI & ADX 80GRI 103-1, 103-2, 306-1, 306-2, 306-3 The development and operation of buildings creates some of the highest usage of natural resources and generation of waste, therefore waste and recycling play a critical role in our efforts to mitigate climate change. At Aldar, we are committed to championing the use of sustainable resources by reducing the consumption of natural resources and waste sent to landfills, while supporting the transition to a circular economy. Our approach is focused on reducing, reusing, and recycling waste - both in the assets we manage and also in their construction, which is set out in the Aldar Waste Management Policy, part of our Group EHSMS. The policy extends beyond our own operations to our contractors and supply chain. In 2020, a total of 107,950 tonnes20 of solid waste was generated across Aldar Group’s operations, with 60% generated at Aldar Development and 40% at Aldar Investment. The largest sources of waste were concrete and general waste, respectively. We are seeing improvements on recycling rates across the business, with our commercial portfolio achieving 25% in 2020. However, there are still areas where recycling rates remain low. To tackle these, we are engaging with our suppliers, tenants and residents to take meaningful action that will improve our performance. Construction waste Our development activities have a significant impact on our waste footprint. At Aldar Development, we are looking to embed green building standards across our developments, adopt waste management systems and recycle high levels of waste. To this end, a Waste Management Plan is drawn up for each Aldar Development project. This is assessed against a construction phase checklist to meet Occupational Safety and Health System Framework (OSHAD-SF) standards, and in compliance with waste management provisions contained in Abu Dhabi Law No.21, Federal Law No. 24 and the Abu Dhabi OSHAD Code of Practice 54. We also comply with Estidama requirements for the minimum diversion rates set for construction and operation. Achieve an 80% average waste diversion from landfill for Aldar Development. Environmental performance Waste and recycling 20 Includes 88 assets and 10 developments. 25% recycling rate across our commercial portfolio 0 1 2 3 4 5 6 7 8 9 0 0 1 2 3 4 5 6 7 8 9 0 Our Sustainable Procurement Policy will play a significant role in embedding sustainable thinking and in particular circularity principles into our everyday roles. From the materials we use and their carbon footprint to using less, recycling more and repurposing, the opportunities are immense. Adel Albreiki Chief Executive Officer, Aldar Projects