Hulic REIT Management inaugurated the Sustainability Committee, members of which include the President and CEO, in 2016 based on the Sustainability Promotion Regulations. At the Committee, consideration and drafting of basic policy, targets (KPI) and measures for energy conservation, low carbon and other sustainability are among the operations conducted, and the progress of targets (KPI) and measures are reported. In addition, problems and issues are shared, with also the President and CEO, and any necessary revisions undergo consideration of improvements and implementation of PDCA. The Compliance Officer takes part in the Committee, making it a system facilitating recommendations, overseeing of execution and such from the perspective of compliance. A system is also in place for ongoing follow-up of remaining issues and matters that have been pointed out. [...] On the Sustainability Committee, the executive officers periodically report to the supervisor about matters concerning the handling of climate change, such as identifying and assessing the impact of climate change, managing risks and opportunities, the progress status of adaptation and mitigation initiatives, and establishing metrics and targets (KPIs). The supervisor makes decisions about various issues after they have been discussed and considered by the attendees of Sustainability Committee meetings. [...] The Sustainability Committee reports at least once a year to the Board of Directors about matters discussed in relation to handling climate change, and it is supervised by the Board of Directors.