2024 Sustainability Report: Empire State Realty Trust

APPENDICES

INTRODUCTION

SUSTAINABILITY OBJECTIVES AND STRATEGY

ENVIRONMENTAL

CORPORATE CITIZENSHIP

GOVERNANCE AND TRANSPARENT REPORTING

HUMAN CAPITAL DEVELOPMENT*

FY 2023

FY 2024

Average hours per FTE of training and development

19

31.63

Average amount spent per FTE on training and development

$2,559

$2,591

* Corporate FTE’s only

HIRING

FY 2021

FY 2022 FY 2023

FY 2024

Total number of new employee hires

48

136

108

105

Percentage of open positions filled by internal candidates

25%

22%

19%

14%

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 2021

FY 2022 FY 2023

FY 2024

Total employee turnover rate

15.5%

24.2%

15.4%

19.0%

Voluntary employee turnover rate

10.5%

12.8%

8.6%

9.3%

TREND OF EMPLOYEE WELLBEING

FY 2021

FY 2022 FY 2023

FY 2024

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

88%

89%

89%

87%

TENANT SATISFACTION MEASUREMENT

FY 2021

FY 2022 FY 2023

FY 2024

Satisfaction of tenants

81%

89%

88%

89%

76

2024 SUSTAINABILITY REPORT

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