2021 Environmental Social Governance (ESG) Report

We also work with clients to incorporate climate risk factors into their overall ESG strategies. We work with numerous investors, preparing transparent disclosures on climate-related risk to their investments. For example, we help clients collect information and prepare Taskforce for Climate-related Financial Disclosures (TCFD) annual reports that support investors to make better, more informed decisions. Our TCFD reports further support our clients to:

> Better understand the material climate-related risks to which they are exposed.

> Develop disclosures related to their approach to oversee, identify, manage and respond to risks.

Our Approach to Climate-Related Financial Risk

Cushman & Wakefield’s sustainability experts support our clients through the journey of climate change-related financial and non-financial risk management. Support services include:

Identify Portfolio ESG materiality assessment or asset climate change due diligence review to identify risks and opportunities

Monitor Regular reporting of ESG scorecard and monitoring of performance metrics

Analyze Portfolio- and asset-level scenario analysis and mitigation planning

Manage Support developing plans to manage and mitigate materiality and scenario analysis associated risks or issues Report & Disclose Regular and annual reporting of ESG performance metrics, including frameworks such as GRESB and CDP

Sustainability services vary by region and country.

Internally, our legal and risk team, which is supported by our business operation teams, identify and manage climate-related risks using business continuity plans, enterprise risk management assessments and technology tools. Additionally, we set sustainability benchmarks and achievement goals for new Cushman & Wakefield-operated office sites over 5,000 square feet. We use the same building selection criteria outlined in the report for our own building selection. We also have guidelines regarding wellness rooms and personal rooms in our offices, and we are developing additional DEI-related guidelines about matters including gender-inclusive restrooms and spaces that take into account sensory needs, such as designated quiet areas. As part of the materiality roadmap prepared in 2021, we established an action plan to align our ESG strategy with the TCFD over the next few years. This includes conducting both qualitative and quantitative climate risk and opportunity assessments. The results of these assessments will support the integration of climate transition and resiliency considerations into our broader enterprise risk management process.

58 | CUSHMAN & WAKEFIELD 2021 ESG REPORT