ATLAND : Consulter le rapport 2022

Global CSR report

for the year 2021

OPPCI DUMOULIN

24/06/2022

OPPCI DUMOULIN2021ESG Report

SUMMARY

Editorial.....................................................................................................................................................................................................	3
Business model.........................................................................................................................................................................................	4
Organization chart..................................................................................................................................................................................	4
Growth strategy ......................................................................................................................................................................................	5
Porfolio description .................................................................................................................................................................................	6
CSR organization and governance ......................................................................................................................................................	8
CSR Committee.......................................................................................................................................................................................	9
Analysis of ESG issues ............................................................................................................................................................................	10
CSR Roadmap.......................................................................................................................................................................................	11
Environmental footprint ........................................................................................................................................................................	12
Climate: energy and carbon...............................................................................................................................................................	12
Context ..................................................................................................................................................................................................	12
Commitments ........................................................................................................................................................................................	12
Performance and achievements ........................................................................................................................................................	13
Water......................................................................................................................................................................................................	15
Context ..................................................................................................................................................................................................	15
Commitments ........................................................................................................................................................................................	15
Performance and achievements ........................................................................................................................................................	15
Waste .....................................................................................................................................................................................................	16
Context ..................................................................................................................................................................................................	16
Commitments ........................................................................................................................................................................................	16
Performance and achievements ........................................................................................................................................................	16
Biodiversity .............................................................................................................................................................................................	17
Context ..................................................................................................................................................................................................	17
Commitments ........................................................................................................................................................................................	17
Performance and achievements ........................................................................................................................................................	18
Stakeholder relations ............................................................................................................................................................................	19
Tenants ...................................................................................................................................................................................................	19
Context ..................................................................................................................................................................................................	19
Commitments ........................................................................................................................................................................................	20
Performance and achievements ........................................................................................................................................................	20
Employees..............................................................................................................................................................................................	21
Corruption and Business Ethics ............................................................................................................................................................	21
HR and CSR policy ................................................................................................................................................................................	22
Context ..................................................................................................................................................................................................	22
Commitments ........................................................................................................................................................................................	23
Performance and achievements ........................................................................................................................................................	23
Local stakeholders ................................................................................................................................................................................	26
Context ..................................................................................................................................................................................................	26
Commitments ........................................................................................................................................................................................	26
Performance and achievements ........................................................................................................................................................	27
Reporting methodology .......................................................................................................................................................................	28
Real estate assets..................................................................................................................................................................................	28
Corporate ..............................................................................................................................................................................................	28

2

OPPCI DUMOULIN

2021

ESG Report

Editorial

The positive impact of investment and, more broadly, responsible social investment (SRI) is now gaining momentum. The Paris Agreement has strengthened the role of finance to tackle climate change and drive economic growth towards green growth principles and a low- carbon transition. In addition, there is a growing demand from investors for transparency on environmental, social, governance as well as financial performance.

In this context, various task forces, innovative guidelines and international initiatives have been deployed to standardize practices and actions implemented and evaluate progress toward the achievement of sustainable goals set.

These applications reflect how ESG factors can be materialized and are an appropriate component of a fiduciary's analysis for decision making.

Thereupon, the present document aims to present key figures regarding the ESG performance of the Dumoulin fund's portfolio as to indicate the main strategies and tools used in order to mainstream, monitor, and manage our assets environmental, social and governance (ESG) performance.

Also, this report is done on a voluntary basis as the Dumoulin fund is not concerned by any non-financial reporting regulations.

3

OPPCI DUMOULIN

2021

ESG Report

Business model

Organization chart

General characteristics - Dumoulin fund

	A Société Professionnelle de Placement à Prépondérance Immobilière à
Legal form	Capital Variable ("SPPPICAV") incorporated in the form of a société par
actions simplifiée (a simplified joint stock company) by one or more
	shareholders.
Corporate name	OPPCI DUMOULIN.
Registered office: Dijon, in France.
	Date of creation: registered as a société par actions simplifiée on 15
Date of creation of	November 2016 and converted into a SPPPICAV following AMF approval
the OPPCI and	dated 16 December 2016.
lifespan	Lifespan: ten (10) years.
	Approved by the Autorité des Marchés Financiers (French market regulator
	or AMF) on 16 December 2016 (approval number SPI20160069).

Investment structure - Dumoulin fund

Management mandate

Asset ownership

A new asset, Cité Paradis, was acquired in October 2021.

4

OPPCI DUMOULIN

2021

ESG Report

Operators - Dumoulin fund

ATLAND VOISIN - Portfolio management company

Ensures the fund's compliance with normative and regulatory requirements. Review of shareholders' capacity.

CACEIS Bank France

Depositary and custodian. Ensures the custody of the SPPPICAV's assets.

Amongst its responsibilities, CACEIS Bank monitors the cash flow to ensure sufficient financial resources and reviews the decisions taken by the SPPPICAV and the Management Company.

CACEIS Bank also centralizes share subscription and redemption orders, as well as initiates the corresponding payments.

KPMG		SALUSTRO REYDEL
Statutory auditor		Alternate statutory auditor

CACEIS Fund Administration

Account management for collective real estate investment, including booking transactions, establishing an inventory of assets and liabilities; calculating and publishing the Liquidative Value in accordance with applicable regulations.

The management company validates the real estate assets' valuations based on valuations performed by an external valuer, Savilis.

Growth strategy

The investment strategy of the Dumoulin fund is to focus on real estate assets for the service industry, in particular, offices. The portfolio is exclusively located in the Ile-de-France region.

Dumoulin seeks to create value, which may be achieved by acquiring buildings that are partially / entirely vacant or poorly managed, requiring significant re-development. As a result, the buildings' quality and offering will be considerably upgraded, their environmental performance standards extensively raised, all of which allow position the assets for substantial leasing improvements.

The overall value (GAV) of the fund increased by 14% between 2020 and 2021.

5