Conservation Resources aligns private equity with conservation capital to acquire and manage diverse portfolios of real asset properties. Through our Conservation Forestry and Conservation Farming divisions, we develop portfolios of timberlands and farmlands, each with significant conservation and natural resource values. We bring a creative, innovative and collaborative approach to identifying, acquiring and sustainably managing timberland and farmland assets, leveraging untapped value for impactful results. The Conservation Resources strategy provides risk mitigation and diversified cash flow: • Access to unique deal flows through our network of conservation partnerships • Augmented cash flows from non-commodity sources, such as carbon or mitigation • Impacts that benefit climate, land, water and humans Progress by the Numbers • $1.1 billion invested in over 900,000 acres since 2006 • 70% institutional pension funds/30% high-net-worth individuals and foundations • Over $600 million in distributions to investors