CapMan press release 24 April 2024 at 14:45 EEST Towards a sustainable society through active ownership – CapMan’s Investments Sustainability Report for 2023 is published CapMan has published a report detailing the sustainability development of its investments for 2023. The Investments Sustainability Report describes CapMan’s sustainability approach by investment area, sustainability frameworks adopted, a roadmap to reach sustainability targets and reporting on progress towards such targets. CapMan’s vision is to become the most responsible Nordic private asset company. “Through the investments we make, we are today building the society we want to see in 2040. To reach our vision, we are driving implementation on several levels: developing long-term circular and nature positive approaches, taking actions to meet mid-term goals like setting and following ambitious emission reduction targets, investing to build the capabilities within CapMan and in our portfolio to sustain change, and meet the increasing demand for transparency and reporting. We have continued to push forward on integrating sustainability into everything we do. It requires everyone at CapMan to adopt a sustainability mindset, and through active ownership to support and transfer that to the assets we invest in,” says Pia Kåll, CapMan’s CEO. CapMan’s impact is most significantly identified by the investments made by its funds under management, and therefore CapMan focuses on implementing sustainability measures throughout the investment process – from investment towards exit. “Our sustainability work is based on science, systematic and focused on material topics. Our long-term ambition is to develop pragmatic, measurable approaches to transition assets and companies towards nature positive, circular operating models that promote inclusive workplaces and respect human rights throughout their value chains.” adds Anna Olsson, CapMan’s Head of Sustainability. Progress towards targets according to sustainability themes CapMan has established five sustainability themes, which are material across real estate, infrastructure assets and portfolio companies. Each theme is linked to short, mid, and long-term targets. For 2023, the progress towards sustainability targets of our investments included the following, amongst others: Science based climate action

• 2040 was established as year for net-zero emissions for all investment areas and 2035 for in-use operational net-zero emissions for real estate
• CapMan Real Estate was selected as one of 15 companies globally to participate in the Science Based Targets initiative (SBTi) Buildings pilot test
• –19% in GHG emission intensity of commercial (service) real estate from 2021 (72% reduction by 2032)
• –12% in GHG emission intensity of residential real estate from 2021 (50% reduction by 2032)
• 16% of eligible portfolio companies have set science-based targets (54.5% by 2027, 100% by 2032)

Nature-positive operations that safeguard the planetary boundaries

• Committed to become an Early Adopter of the recommendations by the Taskforce for Nature-related Financial Disclosures (TNFD)
• Initiated a project to develop nature-positive framework and tools for real estate and portfolio companies

Strong and equitable businesses with meaningful work

• 3.5/5 overall commercial tenant satisfaction in real estate (2026 target 4.0)
• 4/5 average employee satisfaction in portfolio companies (target above 3.5)
• 87% of all majority owned portfolio companies with more than 75 employees have implemented DEI policies (target to implement at all)

Human rights throughout our value chain

• Key human rights impacts identified for each investment area. The third-party assessment also proposed actions to strengthen the current human rights due diligence.
• 89% of portfolio companies have adopted a human rights policy (adoption by all new companies within one year of acquisition)

Accountability, transparency and executive level diversity

• 38% of real estate (sqm) has obtained green building certification (75% by 2026)
• 12% of portfolio company board members are women and 88% men (long-term target max. 60% of any gender)
• 75% of management group and board appointments were men (target to appoint max. 70% of any gender)
• Sustainability onboarding & holding period guidelines developed

The Investments Sustainability Report presents information for the period 1 January–31 December 2023 and includes the sustainability performance of CapMan’s real estate, infrastructure assets and portfolio companies as well as CapMan Wealth. Additional information about targets, processes and developments at CapMan and across our portfolio is available in the Investments sustainability report at www.capman.com/sustainability For more information, please contact: Charlotte Wessman, Director, Communications, + 46 734 29 08 32 About CapMan CapMan is a leading Nordic private asset expert with an active approach to value creation and over €5 billion in assets under management. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Our service business includes procurement services. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001.