Responsible Investment Policy

Overview and Philosophy

Sixth Street believes that the evaluation of specific and relevant sustainability and governance factors, considered within our objective of maximizing risk-adjusted returns, helps us deliver financial value to our investors.

The firm views the evaluation of these factors as a way to understand the durability of an investment theme or an individual business – namely its ability to create, preserve, or diminish financial value for our investors. With that lens, the firm evaluates these factors to better understand how an investment’s durability matches its expected time horizon, efficacy of downside protection, and the ability to bring creative solutions to bear.

Responsible Investment Process

Sixth Street aims to distinguish its responsible investment approach by asset class and strategy. In particular, our access to information and depth of analysis both prior to and following investment, together with our ability to manage the potential impact of specific and relevant sustainability and governance factors on financial value, is dependent on the nature of the instruments we invest in and the level of control or influence we obtain. With respect to the level of control:

• For those potential investments in which we will have a controlling position, we seek to integrate specific and relevant sustainability and governance factors into investment decisions where appropriate. We assess these risks and opportunities as part of our due diligence process and factor potentially significant impacts to profitability and performance into our underwriting;
• For those potential investments where we will have influence such as through certain governance rights but do not have a controlling position, to the extent that specific and relevant sustainability or governance information is available to us, we seek to assess those risks and opportunities as part of our overall due diligence process, and factor potentially significant impacts to profitability and performance into our underwriting where appropriate; and,
• For potential investments where we will not exercise control and may have limited ability to assess or monitor specific and relevant sustainability or governance factors, we endeavor to identify and, where appropriate, elevate the consideration of these factors within diligence processes.

Implementation and Oversight

Sixth Street seeks to provide training and other tools to its investment professionals, to ensure they understand the Responsible Investment Policy, and can identify, assess, and where appropriate, raise relevant issues. All investment professionals are responsible for annually reviewing and acknowledging this policy.

Where appropriate, investment professionals are responsible for raising relevant sustainability and governance issues identified in the process described above to the Responsible Investment Committee.

Sixth Street intends to review this Responsible Investment Policy at least once per year and reserves the right to revise its terms at any time to meet the needs of our platforms and the developing norms and expectations of investors and other relevant stakeholders.

Policy Supervision: Responsible Investment Committee

Date of Last Review: May 2025