Letter s Overview Ahead of What’s Next Sustainable Logistics Our Inspired People Resilient Communities Appendix Sustainability solutions With our sustainability solutions offering, we serve our Growth in LED Lighting customers by tackling enterprise-level logistics challenges %, owned and managed operating properties 1 beyond those covered by our energy or mobility teams. These include: 80% − LED lighting 71% 74% − Smart-building technologies − Power purchase agreements (PPAs) and RECs 57% − EnergyStar certification 42% Our customers can upgrade to LED lighting with no upfront 33% capital costs. They can reduce their lighting-related energy use by approximately 60%-80% and enjoy the benefits 2019 20 21 22 23 24F 25F of better illumination: improved safety, productivity and employee satisfaction. At year-end 2023, we had installed LED lighting across 74% of our owned and managed operating properties. 1 For detail on our LED lighting goal, Through the use of PPAs and RECs , our customers can see Goals and Progress . reduce the emissions associated with their energy use. For information on sustainable building design and green Our smart-building technologies include sensor-controlled financing, please see Siting, design and construction . smart meters (controlled by a mobile app) to help our customers manage their utility consumption and analyze Electricity consumption at modern distribution centers their facility operations. In many cases, this includes the is likely to increase with the addition of automation and ability to control temperature, humidity and pressure levels. EV-charging services. We help our customers optimize LED lighting installation at Irwindale Distribution Center, We also offer microgrids to provide resilience and control to energy efficiency, which can result in a building receiving an Irwindale, California. customers for whom reliability is critical. EnergyStar certification . 1. Does not include a portfolio of properties acquired in June 2023. 26
