6 6 2 E E S G O O B J E C T I V E S F F O R E V A L U A T I N G M A N A G E M E N T E E S G D u e D i l i g e n c e ESG due diligence is critical in growing the Corporation’s business E S G R e p o r t i n g a n d C o m p l i a n c e ESG initiatives should be adopted to be responsive to shareholders and stakeholders C o n t r i b u t i o n s a n d C o m m u n i t y O u t r e a c h The Corporation should make a positive impact in the local communities in which its assets are located as well as locally Management will be evaluated on whether an appropriate level of ESG due diligence was presented to the Board in connection with new investments Management will also be evaluated on a look-back basis in the event of an ESG issue at an existing asset to determine if such issue was reasonably foreseeable through due diligence Management will be evaluated on keeping the Board informed as to ESG initiatives and effective shareholder outreach Management will also be evaluated on the successful implementation of Board- approved ESG initiatives, many of which can be multi- year projects Management will be evaluated on its successful execution of ESG contributions which will include pro-active outreach to operators Management will also be evaluated on their personal engagement in making positive contributions to the local community D i v e r s i t y a n d I n c l u s i o n Diversity and inclusion are key components to the Corporation’s success E S G R a n k i n g s ESG rankings recognize management’s efforts with respect to ESG Management will be evaluated on its progress in the area of diversity and inclusion including in recruiting, internal promotions and disclosed diversity goals Management will be evaluated based on the Corporation’s ESG rankings by the major agencies followed by institutional shareholders Management will not be evaluated for matters solely within the Board’s purview The CESGC recognizes that ESG is a rapidl y evolving area and will review the ESG objectives annually and disclose any changes in subsequent management information circulars.
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