Sustainability For Our For Our Creating Value For the For Our Managing Appendix at MetLife Workforce Customers as an Investor Environment Communities Responsibly 1 PUBLIC FIXED INCOME Active engagement tracking impacting their business. Our proprietary and reporting Engagement Database is designed to be fully integrated into the research process incidents of active MIM’s public fixed income and private and to allow each analyst to log and update 564 engagement: capital teams have recently developed engagement on ESG factors. The database in-house solutions to tag, track and report includes deals that have been rejected due on our active engagement conversations. to a negative evaluation of these factors. Our engagement conversations are guided by the Sustainable Accounting Standards Private capital related to Board (SASB) materiality mapping framework, 366 environmental issues which identifies relevant industry-specific MIM’s private capital team sees active ESG risks and opportunities for discussion engagement with investee companies and with our investee companies. Notably, projects as key to both its initial underwriting 99 related to MIM’s Real Estate Debt and Agricultural process and ongoing portfolio management. social issues Lending teams have developed in-house When considering a potential investment solutions to collect ESG-related data from opportunity, our credit analysts meet directly borrowers at the time of loan origination. with the company’s senior management related to This data is also categorized in alignment team to understand the sustainability of 99 governance issues with SASB’s framework. the company’s business model as well as management’s philosophy and how ESG Public fixed income risks are managed. Beginning with the initial due diligence If adverse findings are identified, we process and as part of the ongoing may pursue appropriate measures, which monitoring process, analysts engage in could include corrective action by the ongoing dialogue with senior leadership issuer, requirement of improved terms to assess their business model resilience and conditions or not proceeding with and responsiveness to the ESG factors a transaction. 1. MIM PUBLIC FIXED INCOME ESG-RELATED ACTIVE ENGAGEMENT CONVERSATIONS CONDUCTED IN 2021. 2021 SUSTAINABILITY REPORT 47