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Enclosure

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Megatrends

In the ‘Market environment’ chapter, we describe the Fund-specific trends. In this appendix, we discuss a number of megatrends that are affecting and will continue to affect markets at national, European and global levels.

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Management company profile

Bouwinvest Real Estate Investors B.V. (Bouwinvest) is one of the largest Dutch institutional real estate investment managers. Bouwinvest strives to achieve risk-adjusted returns on behalf of its pension fund clients.

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Glossary

The proportion of construction sites controlled by the reporting company which are registered under the Dutch considerate construction scheme ‘Bewuste Bouwers’ in a reporting year, weighted by purchase price.

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Governance matrix

The rights of the General Meetings of Shareholders and the Shareholders’ Committee are shown in the Governance Matrix.

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Responsible investment performance indicators

The Fund’s ambition to increase the coverage and therefore the transparency of its environmental impact according to INREV Sustainability Reporting Guidelines is reflected in the summary of key performance indicators in the table above.

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