ESG Commitment

Based on the current available EU sources and the expected implementation of the SFDR into Norwegian law, REQ Alternative Investments will consider REQ Fund I to fall within the scope of an Article 8 fund under SFDR based on the following:

▪ REQ Fund I promotes, among other characteristics, environmental, social and governance (“ESG”) characteristics in line with Article 8 of the SFDR and therefore qualifies as a so-called “Article 8 financial product” under the SFDR; and

▪ The Manager is committed to investing in a responsible way by actively integrating ESG considerations in its investment decision and ongoing monitoring process.

When the SFDR enters into force in Norway, REQ Fund I shall actively seek to adopt any requirements and comply with all reporting obligations being applicable and mandatory for an Article 8 fund under Norwegian law, provided that REQ Fund I continues to qualify as an Article 8 fund.

REQ AI is a proud signatory of the United Nations Principles for Responsible Investments (UNPRI) and are committed to incorporating environmental, social and corporate governance considerations into investment analysis and decisionmaking processes.

REQ AI is a member of the Norwegian Green Building Council, a member organization for the entire value chain in construction and real estate. The association’s purpose is to develop the Norwegian construction and real estate sector so that environmental and sustainability considerations will be the obvious choice. The Norwegian real estate sector’s "Roadmap towards 2050” is the Norwegian Green Building Council’s and Norsk Eiendom’s recommendation to owners and managers of commercial buildings on what choices they should make in the short and long term for the real estate sector to contribute to a sustainable society in 2050. Part of the road map is “10 Immediate actions” version 1.0, and the 2.0 version by November 2021 which states an additional 10 immediate actions. REQ AI will commit to the version 1.0 in first quarter 2022. The 20 immediate actions are principles for real estate companies in Norway to achieve a sustainable society by 2050. Environmentally certifying the organization is immediate measure no. 1, as “Miljøfyrtårn” or ISO 14001. “Miljøfyrtårn” is Norway's most widely used certificate for an enterprise that wants to document their environmental efforts and show corporate social responsibility. REQ AI will strive to certify as “Miljøfyrtårn” .