A LETTER FROM OUR LEADERS

In 2022, Crescent Communities demonstrated just how much we can accomplish together. We returned to the office with a renewed passion and sense of purpose. Continuing to execute our five-year strategic plan and living out our mission to Build Community and Better People’s Lives, we’ve launched new brands, entered new markets, and continued to add exceptional leaders to our team. Throughout this time of tremendous growth, environmental sustainability, community building efforts, and inclusivity have remained at the heart of what we do every day. The following pages will outline our progress in reporting our environmental impact, our resolve to address inequities of all forms, and the expansion of our communitygiving efforts. A few key highlights to note:

Continued Pledge

Our multifamily communities are 46% more efficient than average.

We are incorporating the use of solar energy and mass timber to reduce our environmental impact.

Every new HARMON single-family home in our build-to-rent communities will be certified through the National Green Building Standard.

Volunteering

Our team volunteered over 750 hours in the community and we matched nearly 50 charitable donations in support of our pillars of environment, community, education, and shelter.

Our Diversity, Equity, and Inclusion task force held several well-attended events and created opportunities for minority-owned businesses to be successful.

Summer Associates

We offered full-time roles to diverse candidates who completed our Summer Associate program while also offering scholarships to those still in school.

We are pleased with our progress but we also recognize that there is much work to be done. With our team of talented, passionate, and collaborative leaders, we know that we have the strength to not only weather any potential economic challenges but to build on our successes while we grow our commitment to the environment and our advocacy for an inclusive community.

With Gratitude,

BRIAN NATWICK

Chairman & CEO

TRACY CHAMBERS Chief People Officer

LISA PHOCAS Director of Stewardship