Board Statement

The Board of Directors of the Manager (“the Board”) is pleased to present ACRO-HT’s sustainability report for the financial year ended 31 December 2024 (“FY2024”). This report summarizes the environmental, social and governance (“ESG”) performance in FY2024 and outlines its progress in managing the identified material ESG factors and topics of interest across its real estate portfolio.

The Board recognizes the significant resources required to operate hotels and, therefore, places great emphasis on incorporating sustainable practices into the management of ACRO-HT portfolio. Sustainable practices not only enable ACRO-HT to create lasting value for our stakeholders but also make a positive contribution to the environment and society.

In pursuit of this objective, the Board takes the lead in overseeing the management of identified material ESG factors. The Board has delegated the operational responsibility for sustainability initiatives and has provided guidance to the Manager in implementing robust risk management, policies and procedures to address potential ESG-related risks, ensuring the long-term sustainability of ACRO-HT.

The Board has reviewed and approved the material ESG factors and sustainability information outlined in this report, actively promotes and integrates sustainability initiatives that align with ACRO-HT’s priorities and comply with relevant regulations.

To access the full sustainability report, please click Publications | Acrophyte Hospitality Trust Annual Reports & Insights

Our Material Factors

On an annual basis, the Board reviews the identified material topics with inputs from the Managers and stakeholders to confirm their relevance. In FY2024, the Board reaffirmed the significance of the eight material topics, recognizing their continued relevance within the operating context of ACRO-HT.

The identified material factors have also been mapped to relevant GRI Topic Disclosures and UN SDGs that ACRO-HT believes are the most impactful from its operations.

Aside from the eight identified material topics, this report has included information on four other topics of interest to showcase the company’s efforts in managing and advancing these areas. These four topics are Climate Change Resilience, Water, Waste, Supply Chain Management and Delivering Exceptional Value.

Energy Stewardship Certifications

ACRO-HT is committed to maintaining strict standards across all properties and strive towards certifications like Energy Star to motivate the continued sustainable management of resources.

As the portfolio hotels are based in the U.S, the Managers look towards certifying the properties to ENERGY STAR®, a national energy efficiency programme by the U.S Environment Protection Agency. Certification for buildings is renewed and verified on an annual basis. In FY2024, ACRO-HT renewed 20 ENERGY STAR® certifications and attained three new certifications. However, compared to FY2023, some previously certified hotels did not meet the necessary analytical conditions to remain eligible for certification. Looking ahead, the Managers aim to maintain their current certification status while working to increase the number of certified properties across the portfolio.

The following are the Energy Star Certified Properties in ACRO-HT’s Portfolio in 2024:

• AC Hotel Raleigh
• Home2 Suites Colorado Springs
• Hyatt Place Sacramento Rancho Cordova
• Hyatt Place Boise Towne Square
• Hyatt Place Denver Airport
• Hyatt Place Richmond Arboretum
• Hyatt Place Secaucus Meadowlands
• Hyatt Place Charlotte Airport
• Hyatt Place Memphis Primacy Parkway
• Hyatt Place Mystic
• Hyatt Place Lakeland Center
• Hyatt Place Tampa Busch Garden
• Hyatt Place Louisville East
• Hyatt Place Nashville Opryland
• Hyatt House Sterling Dulles Airport North
• Hyatt House Raleigh Durham Airport
• Hyatt House Fishkill Poughkeepsie
• Hyatt House Richmond Short Pump
• Hyatt House Parsippany -East
• Hyatt House Parsippany Whippany
• Hyatt House Morristown
• Hyatt House Branchburg
• Hyatt House Boston Burlington