VERIFICATION STATEMENT FOR FRASERS HOSPITALITY REAL ESTATE INVESTMENT TRUST FOR FINANCIAL YEAR 2024 Verco Advisory Services Limited (Verco) was engaged by Frasers Hospitality Real Estate Investment Trust (FHT), to provide independent verification of the greenhouse gas (GHG) emissions and broader sustainability reporting data disclosed in FHT’s ESG Report for the period stated below. The verification process included a high-level analysis of the systems employed to manage data and a detailed risk-based assessment of the reported figures against evidence. VERIFICATION BOUNDARY Frasers Hospitality Real Estate Investment Trust and all subsidiaries worldwide on an operational control basis. PERIOD COVERED 1st October 2023 – 30th September 2024. VERIFICATION REFERENCE STANDARDS • ISAE 3000 International Standard on Assurance Engagements (ISAE) Revised, Assurance engagements other than audits or reviews of historical financial information (2013). • ISO 14064-3:2019 Greenhouse gases - Part 3: Specification with guidance for the validation and verification of greenhouse gas statements. CRITERIA AGAINST WHICH THE GREENHOUSE GAS (GHG) VERIFICATION WAS CONDUCTED • World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard (Scope 1 and 2). • WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (Scope 3). LEVEL OF ASSURANCE Limited. MATERIALITY THRESHOLD This verification sets a materiality threshold of ±5% inaccurate sampled data in the aggregate values for each of the indicators included in scope. QUALIFICATIONS No qualifications. VERIFICATION COVERAGE The target verification coverage for quantitative indicators was 20%, which was exceeded. INDEPENDENT ASSURANCE STATEMENT 26 Frasers Hospitality Trust
RkJQdWJsaXNoZXIy NTM2MDQ5