Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 40 Corporate Scope 1 GHG Emissions Corporate Scope 2 GHG Emissions* Operating solely in office environments, our The production of GHGs associated with our Corporate Utility Usage and Waste* company does not have any quantifiable Scope energy usage and heating sources, comprised The following sets out our annual utility usage 1 emissions. For example, Commerce Court West, of electricity and steam, are indirect (Scope 2) and waste for the years 2020 to 2022. our corporate head office building in Toronto, emissions, which are set out in the adjacent is heated with steam and utilizes electricity, chart. There has been a significant reduction Unit 2020 2021 2022 which are reported under Scope 2 emissions. of our Scope 2 emissions since 2019 (Scope 2 We acknowledge that some of our workforce emissions were 62.0 tCO2e in 2019 or Electricity kWh 204,016 190,545 213,596 may from time-to-time access certain public approximately 23% higher than 2022), which areas during their work days that are heated is primarily due to our shift to remote and Steam lb 467,412 305,306 393,124 by, or otherwise utilize, fossil fuels. Although we hybrid work arrangements during 2020, Chilled do not have access to sufficient data to calculate 2021 and 2022. We expect that these Water ton-h 31,119 33,448 27,513 our share of these Scope 1 emissions, we have emissions will normalize over time. 3 purchased carbon offsets accounting for 125% Water m 478 371 450 of our overall reported corporate emissions Waste kg 850 833 1,511 to factor these in. Commerce Court West, Toronto Total Corporate Scope 2 Emissions (tCO e) 2 100.0 100.0 90.0 90.0 “There has been a significant 80.0 80.0 70.0 70.0 reduction of our Scope 2 60.0 60.0 58.0 50.0 49.0 50.4 emissions since 2019, 50.0 36.0 37.7 40.0 which is primarily due 29.6 30.1 40.0 36.4 30.0 30.0 21.8 to our shift to remote and 20.2 20.0 20.0 28.9 10.0 19.4 20.3 hybrid work arrangements 11.5 21.6 14.2 10.0 - - 8.8 8.7 2020 2021 2022 during 2020, 2021 and 2022.” 2020 2021 2022 Electricity Steam Employee Commuting - Car Business Travel - Air Commerce Court, North Tower (part of the building complex of our head office) * Due to certain logistical constraints, reported utility data for electricity and steam (including applicable Scope 2 emissions) and water and waste (including applicable Scope 3 emissions) relates to our Toronto and Barbados offices and for 2022 covers 87.5% (35 of 40 full-time employees) of our company (2020 - 88.6%; 2021 – 88.9%). The water usage and waste data relating to our Toronto office has been generated by building management and represents our proportionate share of the building’s aggregate water usage and waste. 16.0 7.0 14.0 14.1 6.2 0.1 6.0 12.0 11.0 5.0 10.0 0.4 4.0 8.0 12.3 5.6 6.0 3.0 9.4 2.3 2.2 4.0 4.1 2.0 0.4 1.5 1.5 2.0 2.5 1.0 - 1.2 1.2 1.7 - 0.8 0.7 0.6 2020 2021 2022 2020 2021 2022 Other Purchased Good & Services Electronics Paper Use Water Waste 90.0 800,000 78.3 744,804 80.0 700,000 692,424 70.0 137,459 625,433 600,000 143,240 60.0 131,656 50.0 500,000 44.1 400,000 40.0 33.4 30.0 300,000 607,345 549,184 200,000 493,777 20.0 10.0 100,000 - - 2020 2021 2022 2019 2020 2021 Mining Investments Energy Investments