2023 Sustainability Report: Empire State Realty Trust

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APPENDICES

INTRODUCTION

SUSTAINABILITY OBJECTIVES AND STRATEGY

ENVIRONMENTAL

SOCIAL

POLICIES AND TRANSPARENT REPORTING

LONG TERM INCENTIVES

Long Term Incentives

ESRT’s long term incentive program provides restricted stock units. The average payout is 4 years and 100% or all workforce below senior management level are eligible for this program, either yearly or on certain anniversary dates.

TURNOVER RATE

FY 2020 FY 2021 FY 2022 FY 2023

Total employee turnover rate

15.9%

15.5% 24.2%

15.4%

Voluntary employee turnover rate

9.7% 10.5%

12.8%

8.6%

TREND OF EMPLOYEE WELLBEING

FY 2020 FY 2021 FY 2022 FY 2023 TARGET FOR 2023

% of employees with top level of engagement, satisfaction, or wellbeing

96%

88%

89%

89%

90%

TENANT SATISFACTION MEASUREMENT

FY 2020 FY 2021 FY 2022 FY 2023 TARGET FOR 2023

Satisfaction of tenants

not available*

81%

89%

90%

90%

*Due to the COVID-19 pandemic survey was not administered

OCCUPATIONAL HEALTH AND SAFETY FATALITIES

FY 2020 FY 2021 FY 2022 FY 2023

Employees

0

0

0

0

Contractors

0

0

0

0

DART (DAYS AWAY/RESTRICTED OR TRANSFER RATE)

FY 2020 FY 2021 FY 2022 FY 2023

Employees

0.701

0.76

1.93

1.58

EMPIRE STATE REALTY TRUST: 2023 SUSTAINABILITY REPORT

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