ESG

In 2024, we successfully implemented a new HR system for all employees. This system, which is fully GDPR compliant, is now used by all employees to book leave and record absences. In addition, the system conducts surveys, manages performance and serves as a communication tool to increase employee engagement. The new HR system provides us with reliable data that allows us to easily identify gaps in qualifications, pay gaps, absenteeism and differences in benefit packages.

In 2024, we also launched an annual third-party employee satisfaction survey and diversity surveys, with an initial 75% response rate and an overall engagement score of 4.25 out of 5. These results provide a solid foundation for further increasing employee engagement and supporting organizational success.

We now use our human resources system to conduct annual performance reviews on each employee using a goal-setting and evaluation system that we recently implemented.

We continue to ensure that the compensation and benefits our employees receive, including those related to healthcare, life insurance and income replacement, are attractive and significantly exceed the minimum levels set for the countries in which we operate.

All our new and existing employees receive on-demand online compliance training annually, including on ethics and business conduct, whistleblowing, data protection and privacy, cybersecurity, and DEI. These modules are provided in multiple languages.

We have successfully implemented “TIP University.” This program builds on the initial onboarding training our IDMs receive and enhances their negotiation skills and investment evaluation knowledge. Our new hires also receive in-person and online training from our CEO and other senior executives soon after joining TIP.

Our Employee Code of Conduct sets out the standards we expect all our employees to adhere to. It complements our business ethics training. Employees formally acknowledge annually that they have read and will comply with the Code. We review the Code annually to ensure it remains fit for purpose.

We understand the importance of cybersecurity to our employees, tenants and landowners with whom we work. In addition to employee training, we have extensive data protection and cybersecurity policies. We continuously monitor and develop these policies, which is why we have initiated the ISO 27001 certification process (a key international standard for information security management), which covers technology, people and processes to ensure that our information security is as robust as possible. We understand how important it is for employees to feel completely comfortable and able to raise concerns about the business in complete confidence. We are confident that our whistleblowing procedures and policies, together with the training our employees receive, meet the needs of TIP, its suppliers and employees and comply with the relevant laws in the countries where we operate. We continue to monitor and improve these processes and policies and have recently introduced an anonymous hotline tool that provides an alternative and confidential way to contact us.

We work with our site tenants to help them reduce carbon emissions on the sites they lease from us, for example by securing additional space for them to lease solar panels, turbines or batteries. We will continue to explore ways in which the TIP business can generate additional revenue by helping our tenants achieve their net zero goals and their goals of being less dependent on on-site diesel backup generators.

In line with third-party recommendations, we have also developed stakeholder engagement, ESG board oversight and environmental stewardship principles to strengthen our sustainability practices, ensure compliance with regulatory standards and promote transparency and accountability in our operations.

We have also created additional ESG risk assessments that explicitly address transition risks and DEI issues to ensure we are proactively addressing potential issues, supporting an inclusive workplace, and aligning with our long-term sustainability goals.

In October 2025 we were delighted to receive confirmation that our GRESB score had increased once again, continuing the strong upward trajectory we’ve achieved each year since our inaugural ESG submission in 2023. This year-on-year progress has now led to an outstanding score of 94, surpassing our target and demonstrating the significant advances we have made in strengthening our ESG performance.”