In December 2020, we received approval from the Science Based Targets initiative (SBTi) for its science-based targets (SBTs) to reduce greenhouse gas (GHG) emissions: Berkeley Group commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year. Berkeley Group also commits to reduce scope 3 purchased goods and services and use of sold products GHG emissions 40% per square foot of legally completed floor area over the same timeframe. These targets represent an ambitious step forward in our approach to tackling climate change and have been calculated to ensure that we play our part in limiting global warming to 1.5°C above pre-industrial levels. To ensure that we achieve our targets, our focus is on the following: Reducing gas oil, natural gas and electricity consumption across our construction sites, offices and sales suites (scope 1 and 2 target). Particular emphasis will be placed on minimising or eliminating gas oil usage through the implementation of more fuel efficient plant and its substitution with biodiesels; measures that have been trialled by Berkeley during 2019/20. Undertaking embodied carbon assessments and working with our supply chain to reduce impact across the most prominent areas (scope 3 target). Continuing to improve the fabric efficiency of our homes and incorporating low carbon technologies (scope 3 target). We will also look to monitor the in-use performance of our homes to help drive further improvements. In addition to the above, we continue to procure 100% renewable electricity backed by Renewable Energy Guarantees of Origin (REGOs) for its UK construction site, office and sales suite activities. This is an action that has been in place since May 2017, along with offsetting our remaining emissions from our direct operations through verified projects to be carbon neutral, which continues on an annual basis.

• Interim Target Baseline Year: 2020