On the FAQ of this page the following is written:

How does the LCA consider operating energy? Isn’t that going to be the biggest source of environmental impacts?

Depending on the materials selected, the lifespan of the building, and its performance, operating energy can have much higher life-cycle impacts than construction or demolition. While the reference standard for this option does include this end use, the LEED credit does not—and it’s because you’re already receiving credit elsewhere in the LEED rating system for reducing operating energy. The scope of this credit is only focused on impact reductions from building materials.

On the reference guide however, the operating energy performance seems to be included in the life-cycle assessment:
"The baseline and proposed buildings must be of comparable size, function, orientation, and OPERATING ENERGY PERFORMANCE as defined in EA Prerequisite Minimum Energy Performance"

Am I misreading it?

Second question. As written above, the operating energy performance is defined in EA Prerequisite Minimum Energy Performance. Does it mean that both the baseline and proposed building should operate as a minimum compliant building per the EA prerequisite? It makes more sense to make the baseline operating energy equal to the proposed building in my opinion.