Fostering Sustainable Ecosystems - Sustainability Report 2023

16 Fostering Sustainable Ecosystems About the Report Leadership Messages About the Theme Corporate Overview Stakeholder Engagement and Materiality Assessment Our ESG priorities and Performance Effective stakeholder engagement is critical to delivering on our strategic objectives. We intend to seek a balance between the interests and expectations of stakeholders with those of business through an inclusive process. We engage with a wide range of stakeholders to foster and maintain enduring relationships with them, which also helps in shaping our understanding of our evolving operating environment. Our relationships with stakeholders are based on trust and mutual respect and the success of our stakeholder engagement initiatives lies in our continued emphasis on providing information that is accurate and relevant to each group. We do this in a transparent and structured manner and in addressing their concerns through effective processes and mechanisms. Our collaborative approach helps in building meaningful connections with our stakeholders and drives growth in business. We actively seek input and feedback from our stakeholders through various channels, allowing us to understand their perspectives and incorporate their valuable suggestions. To engage with stakeholders, we leverage the following principles: 1. We have identified key stakeholder groups based on the impact stakeholders have on our business operations and the reciprocal impact that our operations have on them. 2. We identified key areas of concern for stakeholder groups based on the nature of their relationship with Arise IIP, whether internal or external. 3. We have conducted stakeholder consultations through suitable forums to solicit their feedback. 4. We shared knowledge and expertise with our stakeholders, ensuring transparency and integrity in our actions and operations. 5. We have worked to create value for all our stakeholders and cultivate long-term partnerships of mutual benefit, fostering dialogue and promptly responding to input and feedback. 6. At Arise IIP, we believe in collaboration and prioritize genuine dialogue. We actively listen, engage, and take action based on the engagement. We are optimistic that as our ESG strategies take deeper roots within, the quality of our business will evolve, translating into superior stakeholder value. We maintain a continuous and strong engagement with our stakeholders, recognizing their considerable influence on our business. At Arise IIP, we continue to adapt to a changing world, and we continue to listen and learn from our stakeholders. Stakeholder Engagement and Materiality Assessment Stakeholder Engagement

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