New Submission and Strong Ratings for GWL Realty Advisors in the 2025 GRESB Assessment

Toronto October 29, 2025. GWL Realty Advisors Inc. (GWLRA) has continued to deliver strong results in the annual GRESB Real Estate Assessment, a leading global sustainability benchmark for real assets. Our three submissions earned high scores across a range of asset classes and investment vehicles.

This year marked a significant milestone with the inaugural GRESB submission for GWLRA’s Residential Value Fund. In its debut, the fund placed 3^rd out of 10 in its peer group, ‘Canada/Residential: Multi-Family/Non-listed.’ The fund demonstrated strong performance in areas such as energy efficiency, stakeholder engagement, and climate risk preparedness, establishing a solid foundation for future benchmarking.

“The Housing Fund’s debut reflects our focus on creating high-performing residential communities that are both resilient and responsive to the needs of residents and our investor clients,” said Steven Marino, Executive Vice President, Portfolio Management, GWL Realty Advisors. “We’re proud to see it recognized among the top residential funds in Canada.”

GWLRA also continued its long-standing focus on sustainability through our ongoing participation in GRESB, with submissions for our GWLRA managed portfolio and the Canadian Real Estate Investment Fund (CREIF), now marking their 11^th and 8^th consecutive years of participation, respectively. Both submissions earned 4-Star ratings and ranked among the top performers in the North American market.

• The GWLRA managed portfolio was recognized as one of Canada’s leading real estate organizations, placing in the top 14% of the ‘Diversified/Americas’ category (out of 109 companies). It outperformed global averages in both Management and Performance components, which assess environmental, social and governance topics.
• The CREIF submission continued its strong track record, placing in the top 13% of the ‘Diversified/Americas’ category, reinforcing its position as a top-performing diversified fund with robust management and asset-level sustainability practices.

“Our GRESB performance reflects the dedication and hard work of our teams across the country, and is something they can be proud of,” said Krystian Imgrund, Vice President, Sustainability & EOHS, GWL Realty Advisors. “This achievement highlights how we improve our properties and create value for our clients and communities.”

Sustainability Achievements by the Numbers:

• From 2019-2024, GWLRA’s managed office and residential portfolio has:
  • Reduced carbon footprint (Scope 1 and 2, tCO₂e/$M market value) by 22.8%
  • Reduced energy intensity (ekWh/ft²) by 19%
  • Decreased water intensity (L/ft²) by 20%
• GWLRA has completed over 30 decarbonization studies in 2024 and 2025 to date.
• At year-end 2024, 88% of eligible buildings in GWLRA’s entire managed portfolio (by floor area) had attained either LEED® or BOMA BEST® certification.
• GWLRA-managed properties have attained over 30 health, wellness, and accessibility-related certifications over the past three years, including FitWel and Rick Hansen Foundation Accessibility Certifications®.
• Over the last 10 years, GWLRA managed properties and staff have received over 180 industry awards and recognitions related to sustainability, operational excellence, and tenant engagement.
• Over 130 GWLRA properties have completed our standardized Flood Emergency Response Plan since 2023.