Tishman Health & Welfare Benefits Guidebook

Tishman Health & Welfare Benefits Guidebook 1

Guidebook Contents

Welcome ............................................................................................................3 Plan Notes.......................................................................................................................4-7 Medical Benefits........................... .…………………………………………………………………………8 -9 Medical Plan Summary.....................................................................................................10 Prescription Benefits........................................................................................................11 Flexible Spending Account…………....……………………………………………………………….12 OtherBenefit Programs...................................................................................13-14 Dental Benefits ....................................................................................................15 Dental Plan Summary..........................................................................................16 Benefit Exclusions.............................................................................................................17 Vision Benefits................................ …………………………………………………………………………………… 18 Life and AD&D Insurance...........................................................................................19-20 Disability Benefits ........................................................................................................21-22 Common Questions.....................................................................................................23-24 Enrollmen t Guide……………………………………………………..………………………..…………………….25 Your Plan Right s…………………………………………………………………………….………………….26 Not es…………………………………………………………………………………………..………………………27 -29 Contact Informatio n………………………………………………………………….………………….……………30

About This Benefits Guidebook This Benefits Guidebook describes the highlights of Tishman's Employee Benefits Program in non-technical language. Your specific rights to benefits under this program are governed solely, and in every respect, by the official documents and not the information contained within this Benefits Guidebook. If there is any discrepancy between the descriptions of the program elements as contained within this Benefits Guidebook or other benefits enrollment materials you receive and the official plan documents, the language of the official plan documents shall prevail as accurate. Please refer to the plan-specific documents published by each of the respective carriers for detailed plan information. Eligibility for any benefit plan is determined by applicable plan documents and policies. You should be aware that any and all elements of the Tishman Benefits Program may be modified in the future to meet Internal Revenue Service rules or otherwise as determined by Tishman.

This Benefits Guidebook may not be reproduced or redistributed in any form or by any means without express, prior permission in writing from Tishman.

Welcome

Tishman recognizes that its success is dependent upon dedicated, hard-working employees. Your daily contributions truly do make a difference. We are proud to offer you and your family a comprehensive Employee Benefits Program that features:

Competitive health benefits to accommodate your personal needs at modest employee contributions;

⮞

⮞ A preventive health program designed to assess your

overall physical condition and provide you with guidance on maintaining a healthy lifestyle;

⮞ Company-paid benefits that help protect you and your family from financial hardship;

⮞ Voluntary benefit options to provide you with added financial security, and much more!

Now is the time for you to learn more about Tishman's Employee Benefits Program and enroll in the benefits that best meet your needs.

How To Proceed This Guidebook will help to familiarize you with Tishman's Employee Benefits Program. Carefully consider each benefit option, its cost and value to you, and whether it meets your particular needs. At the back of this Benefits Guidebook is a step-by-step Enrollment Guide that outlines each step in the enrollment process. Once you have decided what benefit options best fit your needs, you can submit your benefit elections online at www.mytishmanbenefits.com using the secure log in and password located within your enrollment kit.

Please be sure to submit your benefit elections on or before the enrollment deadline. If you need any help, please take advantage of the resources identified on the Contact Information page.

PlanNotes

PlanYear This guidebook outlines the benefits that apply to the upcoming plan year. Our plans will renew on January1 st .

Eligibility Full-time employees regularly scheduled to work 21 or more hours per week are eligible to participate in Tishman's Employee Benefits Program. Your coverage under the Employee Benefits Program will begin on the first day of the month following 60 days of employment, except where otherwise noted. If you fail to enroll within 31 calendar days of when your eligibility for coverage under Tishman's Employee Benefits Program begins, you will not be able to enroll in benefits until the next annual enrollment period, unless you experience a Qualifying Life Event (as outlined on page 4). Dependent Coverage In addition to electing coverage for yourself, you may elect to cover your eligible dependents. Your eligible dependents are defined as your legal spouse, your same sex domestic partner (must be certified with an affidavit), and your dependent children to age 26 * , except where otherwise noted. Your dependent children include biological children, legally adopted children, and children for which you have attained legal guardianship.

*Please Note: Coverage is available up to age 26 as long as a child does not have access to health coverage through their own employer.

Tax Implications of Domestic Partner Coverage Tishman recognizes same sex domestic partners as eligible dependents under its benefit programs; however, federal law and the Internal Revenue Service (IRS) generally do not.

Domestic Partner Coverage You may enroll your same sex domestic partner under Tishman's Medical/Prescription Drug, Dental and/ or Vision plans. Coverage is available if you meet the terms and conditions outlined below. ⮞ You are both at least 18 years of age and mentally competent to consent to application. ⮞ You have resided in the same household for at least 24 months. ⮞ Neither partner is married to or legally separated from anyone else nor have had another domestic partnerwithin the prior 24 months. ⮞ Youare not related by bloodto a degree of closenessthat would prohibit legal marriage in the state in which you legally reside. ⮞ You are jointly responsible for each other’s common welfare and living expenses. Your interdependence can be evidenced by providing two or more of the following items: ⮞ Current joint mortgage or lease agreement ⮞ Proofof current joint bankaccounts ⮞ Proof of current designation as the primary beneficiary for life insurance or retirement benefits,or current primary beneficiarydesignationunder a partner’s will ⮞ Evidence of current domestic partnership registration (if registration is required by state of residence)

Therefore, the IRS requires you to be

taxed on the value of the coverage Tishman provides to a domestic partner. This is known as imputed income. For more information, please contact Human Resources.

In addition to the terms and conditions outlined above, you must complete and submit a Declaration of DomesticPartnership(i.e. an affidavit) to Human Resources.

PlanNotes

Program Elements Tishman's Employee Benefits Program offers two types of benefits: 1) those that are provided by Tishman at nocost to youand 2) those that youhave the optionofenrollingin andrequire an employeecontribution. If you meet the eligibility requirements, you will automatically receive Basic Life Insurance, Basic Accidental Death and Dismemberment (AD&D), Basic Dependent Life Insurance, and Basic Long-Term and Short-Term Disability coverage. These benefits, as well as vision coverage (if elected), are company- paid and are provided with no employee contributions. You are also given the option of enrolling in the following benefits:

Core Oxford EPO 20/40 (Medical/RX)

Core Dental

⮞

Annual Enrollment Annual enrollment is the window of opportunity before the beginning of the plan year when a current employee can do the following:

Oxford HDHP $1,500/90% with Health Savings Account (Medical and RX)

Voluntary Buy-Up Dental

⮞

Voluntary Life Insurance

⮞

Buy-Up Oxford PPO 20/40 (Medical and RX)

⮞

Voluntary Employee-Paid Long-Term Disability

⮞

When you enroll in these benefits you either share a portion of the premium cost with Tishman or pay 100% of the benefit cost. If you waive Voluntary Employee-PaidLong-TermDisability coverage, you will automatically be enrolled in Employer-Paid Long-TermDisability coverage when eligible. Waive Option/Proof of Insurance Employees have the option of not participating in Tishman's EmployeeBenefits Program. To waive Medical/Prescription Drug coverage, you must provide proof of other Medical coverage (e.g. through a spouse's benefits plan, etc.). Please keep in mind that if you choose to waive Medical coverage, you are still eligible to select other benefit options. Cost of Coverage Employee Contributions for Medical Coverage will continue to be based on a 4-tiered level of coverage. EffectiveJanuary 1, 2023, the employee contributionsare:

⮞ elect new benefits;

⮞ change coverage levels; and/or

⮞ discontinue or

"drop" benefits.

Please Note: It isalso important to review and update your address, dependent and/or beneficiary information on file at this time.

Level Of Coverage

% of Base Salary

Annual Maximum

1.25%

$2,626

Single

2.00%

$4,475

Employee+ Child

2.25%

$5,250

Employee + Spouse

2.50%

$7,600

Family

In 2023, Tishman will continue to offer employees the choice of three (3) Oxford Health Medical Plans. The Oxford Platinum EPO 20/40 Non-Gated Plan is considered the "Core" Medical Plan; and the Oxford Platinum PPO 20/40 Non-Gated Plan is offered as a "Buy- up" option. Employees who elect to buy-up will pay their employee contribution, plus the difference in the Plans' which is noted below under the "+/Pay Period" column. Level of Coverage Buy Up PPO Core EPO +/yr +/pp Single $17,296.80 $16,687.20 $609.60 $23.44 Employee and Spouse $34,593.72 $33,374.40 $1,219.32 $46.89 Employee and Child(ren) $29,404.68 $28,368.24 $1,036.44 $39.86 Family $49,296.12 $47,558.52 $1,737.60 $66.83 Employees who elect the Oxford HDHP will pay the same contributions for medical coverage as the Core Plan, however, employees that elect to contribute to the Health Savings Account will receive a match contribution - 100% of the employee's deferral up to $500 for single / $1,000 for family. The HSA match will be made each pay cycle. 5

PlanNotes

Cost of Coverage(Continued)

Dental Plan Options Employeesare offered the choice of two MetLife Dental Plans: the Core Dental Plan and the Voluntary Buy-Up Dental Plan. Core Dental Plan When you enroll in the Core Dental Plan, you will be responsible for paying a portion of the premium cost. The premiumcost for this coverage is a flat, pre-tax dollaramountbased on the coverage level you elect. For Single coverage the cost is $2.73 bi-weekly, and Family coverage is $7.64 bi-weekly. Voluntary Buy-Up Dental Plan When you enroll in the Voluntary Buy-Up Dental Plan, you will be responsible for paying a portion of the premium cost. The premium cost for this coverage is a flat, pre-tax dollar amount based on the coverage level you elect. For Single coverage the cost is $19.05 bi-weekly, and Family coverage is $68.52 bi-weekly. Voluntary Life Insurance When electingVoluntaryLife Insurance,youareresponsibleforpaying100% ofthe premiumcost, but receive a discounted rate for being a part of Tishman's group. The premium cost for Employee and Spouse Voluntary Life Insurance is based on age and the coverage amount you elect, while the premium cost for Dependent Child Voluntary Life Insurance is based on a flat rate and the coverage amount you elect. Voluntary Employee-Paid Long-Term Disability (LTD) If you choose to elect Voluntary Employee-Paid LTD, you will be responsible for paying 100% of the premium cost with after-tax dollars. In the event of a disability, this plan will provide a tax-free (non- taxable) benefit. You are not required to submit Evidence of Insurability if you elect Voluntary Employee- PaidLTD .

You are required to report a Qualifying Life Event within 31 or 60 calendar days of the event (depending on the type of event) in order to make changes to your benefits. If you do not notify Human Resources of the event and provide the requested documentation within the specified timeframe, you will not be eligible to make changes to your benefits until the next annual enrollment period.

PlanNotes

How Your Benefits Are Taxed Contributions for Voluntary Employee Life Insurance, Voluntary Dependent Life Insurance, and Voluntary Employee-Paid LTD premiums are made on a "post-tax" basis. Employee payroll contributions for Medical/Prescription Drug and Dental Insurance are made on a "pre-tax" basis.

ChangingYour Benefits (Qualifying Life Events) The Internal Revenue Service (IRS) rules state that employees enrolled in pre-tax benefit plans may only make benefit elections to these once a year. As such, your annual open enrollment benefit choices are binding through December 31 st .

The following special circumstances are some of the reasons you may change your benefits during the planyear:

Marriage

⮞

⮞ Birth, adoption, or placement of a child for adoption ⮞ Divorce orlegal separation ⮞ Termination or commencement of your spouse's coverage when your coverage is maintained throughyour spouse's plan ⮞ Shift from part-time to full-time status (or vice versa) by you or your spouse ⮞ Death of spouse or dependent ⮞ When a dependentsatisfies or ceases to satisfy eligibility requirements ⮞ Takingan unpaidleave of absence(you or your spouse) ⮞ Gain or loss of eligibility for Medicaid or a Children's Health Insurance Program (CHIP) or for a premium assistance subsidy under these programs (60-day electionperiod) These specialcircumstances,often referred to as Qualifying Life Events or life event changes, will allow youtomake planchangesduringthe year inwhich they occur.For anyallowablechanges,youmust inform Human Resources within 31 or 60 calendar days of the event (depending on the type of event) to avoid a lapse in coverage. Changes that are requested due to a "change of mind" cannot be allowed until the next annual enrollmentperiod.

Medical Benefits

Medical insurance is one of the most important components of Tishman's Employee Benefits Program. Tishman offers medical benefits through Oxford Health Plans (UnitedHealthcare's small group provider). Oxford Health Plans Employees can select from three medical plan options: ⮞ Core Oxford EPO 20/40 (Medical and RX) ⮞ Oxford HDHP $1,500/90% with Health Savings Account (Medicaland RX) ⮞ Buy-Up Oxford PPO 20/40 (Medical and RX) While all of the options cover the same types of medical services and provide prescription benefits, each provides coverage at a different level. The Core EPO and the HDHP are offered at the same cost, however the plans work differently. The Buy-Up option provides a higher level of coverage when compared against the two options, but also requires a higher contribution per pay. Core Oxford EPO 20/40 (Medical/RX) The core plan provides its members with medical coverage through a specified network of doctors.The plan provides you with access to primary care and specialty care physicians within the plan's network. All services must be provided by in-network providers in order to be covered; emergency services, however, are covered at any licensed provider. EPOs do not offer out-of-network benefits. If you choose to go out-of-network, you’ll have to pay 100% of the provider’s charge. Oxford HDHP $1,500/90% with Health Savings Account (Medical and RX) This typeof plan puts you, the consumer, in the driver’s seat. You have affordable coverage, protection from catastrophic expenses, and the flexibility to choose how to spend – or save – your money along the way. Paired with a tax-free Health Savings Account (HSA), this plan can offer many long-term financial benefits for those who are willing to take an active role in managing their health care experience. See page 7 for more information on the HSA. Similar to a traditional PPO plan, the Oxford HDHP $1500/90% Health Savings Account Plan provides the flexibilityof both in andout-of-networkcoverage. However, the HSA Plan works differently from the PPO option in that you pay the full cost for all services (with the exceptionof in-network preventivemedical services) until you have met thedeductible. Buy-Up Oxford PPO 20/40 (Medical and RX) The Buy-Up Oxford PPO 20/40 Plan is a comprehensive, high-end medical plan. This plan provides participants the freedom of choice by allowing you to choose your own doctors and hospitals. You do not need to enroll with a primary care physician and you never need a referral. Tishman offers this plan as an option to those who are interested in a more comprehensive coverage and willing to “buy up” to a premium plan. While the PPO 20/40 Plan allows you to receive care from both in-network and out-of-network providers, it is important to note that if you use out-of-network providers, you will be subject to a higher deductible and higher out-of-pocket costs.

Network An insurance company's group or list of approved or contracted providers from which you can obtain services at the plan's highest benefit level.

If you have any questions about

network availability, you can call Oxford Health Plans at 1-800- 444-6222 or visit www. oxhp.com for an up-to- date listing of providers.

IMPORTANT! You must obtain

precertification before receiving the services and procedures outlined on the next page. To precertify treatment, please call UnitedHealthcare for Oxford. Inpatient Mental Health Care must be precertified by calling 1-800-444-6222. Be sure to identify yourself as a Oxford member and provide your ID number.

Medical Benefits

Health Savings Account (Available to Oxford HDHP $1,500/90% with Health Savings Account Enrollees Only) A Health Savings Account allows you to save money on a pre-tax basis, to payfor qualified medical, dental andvision expenses. An HSA is a personalsavings account you establish with a bank. If you wish to make pre-tax contributions, you must open an HSA with Optum Bank. Although there are annual limits on the amount you may contribute to an HSA, you decide when to spend the savings in your account. Youmay use the money to pay eligiblemedical, dental andvision bills. Or, you may choose to payyour current bills out-of-pocket and build your balance year over year to use for health care expenses in your retirement years. Even ifyou change jobs, or decide not to enroll in an HSA plan in the future, the balance is yours to spend.

The Contribution limit for is $3,850 for an Individual and $7,750 for a Family, inclusive of the Employer Matching Contribution. The Health Savings Account allows for an annual catch-up contribution of $1,000 for individuals age 55 or older.

Precertification The Oxford Plans require precertification for the following services and procedures:

In-Network Provideris responsible for obtaining precertification. ⮞ Dental Services – Accident Only ⮞ EmergencyHealthServices if you areadmitted to a non-network hospital ⮞ Transplantation Services ⮞ A single item of Durable Medical Equipment that costs more than $500 (either purchase price or cumulative rental) ⮞ Inpatient Mental Health Care – Available

Out-of-Network Youareresponsible for obtaining precertification. ⮞ Dental Services – Accident Only ⮞ Home Health Care ⮞ Hospice Care ⮞ Reconstructive Procedures ⮞ Elective Admissions toa Skilled Nursing Facility/Inpatient Rehabilitation Facility ⮞ Any Inpatient Hospital Stay including, but not

limited to that of a mother and/or newborn that will be more than 48 hours following a normal vaginal delivery and 96 hours following a cesarean section delivery ⮞ As soon as the possibility of a transplant arises (and before the time a pre-transplantation evaluation is per- formed ata transplantcenter) ⮞ A single item of Durable Medical Equipment that costs more than $1,000 (either purchase price or cumula- tive rental) ⮞ Inpatient Mental Health Care – Available benefits reduce to 50% of eligible expenses if precertificationis notobtained.

benefits will be reduced to 50% of eligible expenses if precertificationis not obtained.

⮞ Short Term Rehab, Habilitation Services, Chiropractic Services ⮞ Outpatient Surgery

Your Medical Options

Core Oxford EPO 20/40

Buy-Up Oxford PPO 20/40 Oxford HDHP $1,500/90% w/HSA

Benefit Description

In-Network

Annual Deductible (contract year) Individual/Family

None/None

$1,500/$3,000

Out-of-Pocket Maximum Individual/Family

$3,000/$6,000

$5,750/$11,500

Coinsurance (Plan Pays / You Pay)

100%/0%

90%/10%

Lifetime Maximum

Unlimited

Preventive Care

Covered 100%

Doctor Office Visits Primary Care Physician Specialist

$20 copay per visit $40 copay per visit

90% after deductible 90% after deductible

Hospital Inpatient Services 2

$400 copay per admission

90% after deductible

Emergency Care Urgent Care Center Hospital (copay waived if admitted) Ambulance

$50copay $250 copay per visit Covered 100%

90% after deductible 50% after deductible 90% after deductible

Covered 100% (designated providers) $90 copay per service

Independent X-Ray/Lab Laboratory Services Radiology

90% after deductible 90% after deductible

Outpatient Therapy 2 (60 visits per calendar year)

$40 copay per visit

90% after deductible

Spinal Treatments 2 (Chiropractor)

$40 copay per visit

90% after deductible

Maternity Care Prenatal and Post-Natal Care Hospital Services for Mother and Child 2

Covered 100% $400 copay per admission

Covered 100% 90% after deductible

Mental Health Care Inpatient Care 2 Outpatient Visits

$400 copay per admission $20 copay per visit

90% after deductible 90% after deductible

Substance Use and Disorders Inpatient Care 2 Outpatient Visits

$400 copay per admission $20 copay per visit

90% after deductible 90% after deductible

Durable Medical Equipment 2

Covered 100%

90% after deductible

Hearing Aids 3

Covered 100%

90% after deductible

Out-of-Network Benefits 1

Oxford HDHP $1,500/90% w/HSA

Benefit Description

Core Oxford EPO 20/40

Buy-Up Oxford PPO 20/40

Annual Deductible (contract year) Individual/Family

No Coverage Out-of-Network

$4,000/$8,000

$3,000/$6,000

Out-of-Pocket Maximum Individual/Family

No Coverage Out-of-Network

$10,000/$20,000

$7,750/$15,500

Coinsurance (Plan Pays / You Pay)

No Coverage Out-of-Network

60%/40%

70%/30%

1 Out-of-Network benefit is first subject to deductible, then based on 140% of Medicare reimbursements. 2 Precertification is required. 3 Benefitislimitedtoa singlepurchase(includingrepair/replacement)everythreeyears.

Prescription Benefits

When you enroll in the Oxford Health Plans, you are automatically provided with prescription benefits. Whether you obtain your prescription medications at a participating retail pharmacy or through the mail order program, you will be responsible for satisfying a copay. You may be able to control your copay amount based on the types of medication you select (e.g. Tier 1 vs. Tier 2 vs. Tier 3). The specific copay amounts that you are responsible for are indicated in the table below. You are encouraged to contact your physician about the availability of Tier 1 (lowest cost) medications for yourcondition.

About Patient Safety Oxford is required to follow FDA and manufacturer

PrescriptionBenefits

Benefit Description

CoreOxford EPO 20/40 & Buy-UpOxford PPO20/40

OxfordHDHP$1,500/90% w/HSA

dispensing rules and regulations in order to ensure patient safety. Please review the Prescription Drug List for dosage/ quantity limits and for prescriptions that require precertification or priorapproval. A copy ofthe Prescription Drug List can be found online at: www.oxhp.com. The Ancillary Charge Program If you choosea lower-cost generic medication – you will pay only your cost share (e.g.,copayment, coinsurance) with no additional charge. If you choose ahigher- cost brand-name medication when a chemically equivalent prescription drug is available on a lower tier (e.g., generic) – you willpay your cost share, plus the difference in price between the brand-

Prescription Deductible

$100 (waived for Tier 1 medications)

Medicaldeductibleappliesbeforecopays

Retail Pharmacy Program (e.g.CVS, Walgreens, etc.) (Up to a 30-day supply)

$5copay $35copay $70copay

$10copay $40copay $80copay

Tier1 Tier2 Tier3

Mail Order Program (Uptoa90- day supply)

$12.50copay $87.50copay $175copay

$25copay $100copay $200copay

Tier1 Tier2 Tier3

PRESCRIPTION TIERS Oxford has a specific method of assigning tier levels to prescription medications. Assignment of tier level for a prescription medication is based on wholesale costs and other factors. Prescription medications are broken out into the following tier levels:

PrimarilyGeneric- These medications are offered at the lowest copay amount and provide the highest overall value per dollar. Primarily Brand - These medications are offered at the next lowest copay amount and are listed on Oxford’s applicable Prescription Drug List. Primarily Non-Preferred - These medications are offered at the highest copayamount.

Tier1:

Tier2:

Tier3:

If your physician prescribes a brand name medication and notes on the prescription, "dispense as written" (DAW), then you will receive this specific drug instead of a lower cost alternative. However, you will pay a higher copayment. Please refer to The Ancillary Charge Program to the left for details on utilizing generic drugs. GenericMedications – Safe, Effective,Affordable: Genericmedicationsarecertifiedbythefederal Food and Drug Administration (FDA) to meet the same strict standards for safety, strength, and effectiveness as their brand name counterparts, yet can be significantly less expensive. Although the active ingredients of generic drugs may be different, the drug may be used to treat the same condition and provides the same or a similar therapeutic effect. The majority of generic medications are manufactured by the same companies that manufacture the brand-name drugs. To get the most value from your prescription benefits, ask your doctor to prescribe generic medications, whenever possible. Mail Order Program: The mail order program is a convenient, cost-saving alternative to using your local pharmacy. Using this program, you can receive a three-month supply of a maintenance medication for 2.5 times the retail (one month) copay. Over a year, the savings could be considerable. Refer to the example at right for more information. Note: Under "Select Designated Pharmacy Program", you may receive notifications regarding tier level medication changes, or medications that can only be filled via mail order .

name andthe generic drug.

Other Benefit Programs

Tishman is dedicated to providing health benefits that focus on prevention and help you maintain a healthy lifestyle. Our medical plan provides coverage for child and adult preventive care, well-woman care, and mammograms. These services can be obtained at no cost. In addition, Tishman is offering the benefits and programs outlined below to employees and their dependents covered under the medical plan. NurseLine By calling 1-800-444-6222 Oxford members have access to the 24 hour/7 day a week NurseLine. This toll- free number is extremely useful, not only when your physician's office is closed, but at any time of day, as it provides you or your covered dependents with the ability to speak to a registered nurse that can provide information to assist you with your medical related issues. Depending on your unique situation, the nurse may direct you to seek care through an emergency room or an urgent care center, your doctor, or may assist with determining a method for at-home care.

Preventive Benefits: The Key to Early Detection Using the preventive benefits offered by Tishman can help aid with the early detection of breast, prostate, colon, and skin cancer. In addition, the early identification of certain conditions such as elevated cholesterol, diabetes, and hypertension can minimize the debilitatingeffects ofthesepotentiallydeadlyconditions. It is recommended that youfirst schedulea preventive exam with yourphysician who can then determine which screenings you may need. Oxford Health Plans continue to recommend that the frequency of cervical cancer screenings and mammography be made in consultation with your physician. Oxford will continue to cover these screenings as recommended by your physician.

Dental Benefits

Good dental health is important to your overall health. Tishman recognizes that you and your covered family members may need different types of dental treatment. It is for this reason that employees are offered the choice of two MetLife Dental Plans: the Core Dental Plan and the Voluntary Buy-Up Dental Plan. Both plans encompass varying types of coverage and accessibility. Plan Overview and Options Both dental plans offer a balance of savings and choice each time you receive covered dental care, including Preventive Services, Basic Restorative Services, and Major Restorative Services. You may choose a participating provider from the MetLife network which consists of more than 140,000 dentists, or you can choose to visit any provider of your choice. There are two main advantages in using a provider that is part of the MetLife network. First, participating providers offer plan benefits based on negotiated fees. These fees are typically 15% to 45% less than the average cost for similar services provided by out-of-network dentists in your area. Second, these providers have agreed to file any claims on yourbehalf.If youchoose to receive care from an out-of-network dentist, you will generally pay more for covered services as the provider may charge you more than the reasonable and customary limits for covered dental services. Payment Option 1: Core Dental When you enroll in Core Dental coverage, you will share a portion of the overall premium cost with Tishman. The bi-weekly cost for Single coverage is $2.73, and the bi-weekly cost for Family coverage is $7.64.

Additional Resources

For more information on your dental plan options or to locate a participating dentist near you, call 1-800-942-0854 or visit www.metlife.com.

Payment Option 2: Voluntary Buy-Up Dental If you choose this option, the bi-weekly cost for Single coverage is $19.05 and the bi-weekly cost for Family coverage is $68.52. The Voluntary Buy-Up Dental Plan offers participants:

Your Dental Plan Election It is important to review your dental plan options carefully.

Higher annual benefit maximums

⮞

⮞ Higher planreimbursement levels for covered services ⮞ Lower out-of-pocket costs ⮞ Coverage for bothadult and child orthodontia

The plan election you make will be in effect for two years.

Which Option is Right for You? Before YouDecide,Considerthe Following: Your Dental Care Needs ⮞ How often do you and members of your family visit the dentist? ⮞ What type of dental services are typically required? ⮞ Do you or any of your covered dependents require orthodontia services? The amount each plan pays for covered dental services differs. In addition, only the Buy-Up Dental Plan providescoverage for both adult and child orthodontia. Coverage versus Cost ⮞ How much can you affordto pay out-of-pocketfor dental care? ⮞ Will your projected out-of-pocket cost savings offered by the Buy-Up Dental Plan offset the higher employee contribution?

A Note About IDCards

You will not be issued a personalized Dental IDcard.

It is important to weigh needs againstcosts to see which plan option would strike an effective balance.

Dental Plan Summary

This table illustrates the benefits provided under each dental plan option. The percentages listed below represent the approximate amount of cost covered. Please be aware that out-of-network providers are reimbursed up to the reasonable and customary limit for covered dental services. These providers may bill you the difference between their actual charge and the amount they are reimbursed by MetLife. For more specific planinformation, pleaserefer toyourSummaryPlanDescription(SPD).

MetLife Core Dental Plan

MetLife Buy-Up Dental Plan

Benefit Description

In-Network

Out-of-Network

In-Network

Out-of-Network

Annual Deductible Individual Family

$50* $150*

Annual Maximum

$2,000 per person

$4,000 per person

80% of PDP Fee** deductible waived

80% of R&C Charges*** deductible waived

100% of PDP Fee** deductible waived

100% of R&C Charges*** deductible waived

Type A – Preventive Services

80% of PDP Fee** after deductible

80% of R&C Charges*** after deductible

90% of PDP Fee** after deductible

90% of R&C Charges*** after deductible

Type B – Basic Restorative Services

50% of PDP Fee** after deductible

50% of R&C Charges*** after deductible

60% of PDP Fee** after deductible

60% of R&C Charges*** after deductible

Type C – Major Restorative Services

50% of PDP Fee** after deductible

50% of R&C Charges*** after deductible

TypeD – Orthodontia

Not Covered

Orthodontia Lifetime Maximum

Not Applicable

$1,500 per person

*Applies only to Type B and C services. **PDP Fee refers to the negotiated fees that participating providers charge for covered dental services. ***Reasonable& Customary(R&C)chargesarebasedon the researchof a dentist's usual, actual, and communityaverage chargeas determinedby MetLife.

Pre-Treatment Estimates It is highly recommended that you obtain pre-treatment estimates for all dental services in excess of $300. To obtain a pre-treatment estimate, a claim form must be submitted to MetLifethat outlines 1) the dental work to be done and 2) what the cost will be.

Alternate Benefits Your dental plan provides that where two or more professionally accepted dental treatments for a dental condition exist, your plan bases reimbursement, and the associated procedure charge, on the least costly treatment alternative. If you and your dentist have agreed on a treatment which is more costly than the treatment upon which the plan benefit is based, your actual out-of-pocket expense will be: the procedure charge for the treatment upon which the plan benefit is based, plus the full difference in cost between the scheduled PDP fee or, if non PDP, the actual charge for the service actually rendered and the scheduled PDP fee or R&C fee (if non PDP) for the service upon which the plan benefit is based. To avoid any misunderstandings, we suggest you discuss treatment options with your dentist before services are rendered, and obtain a pre-treatment estimate of benefits prior to receiving certain high cost services such as crowns, bridges, and dentures. You and your dentist will each receive an Explanation of Benefits (EOB) outlining the services provided, the plan's reimbursement for those services, and your out-of-pocket expense. Procedure charge schedules are subject to change each plan year. You can obtain an updated procedure chargeschedule for yourarea via fax by calling 1-800-942-0854 and using the MetLife DentalAutomated Information Service.

Benefit Exclusions

Medical Benefit Exclusions These exclusions apply: • Services not medically necessary except specifically outlined preventive care. • Servicesfor complications arising from a non-coveredservice. • Services or supplies for any illness arising out of or in the course of employment if benefits are payable under a Workers' Compensation, disability or occupational disease law. • Charges which the person is not legally required to pay. • Chargesmade bya hospitalownedor operated bythe U.S.government ifthe chargesare directly related to sicknessor injuryconnectedtomilitary service. • Services or supplies payable or available through a Federal, State or Local Government Agency(other than Medicare, Medicaid, CHAMPUS,CHAMPVA and non-service-related retired VA Benefits). • Custodial services not intended primarily to treat a specific injuryor sickness,or any educationor training. • Experimentalor investigational procedures and treatments (includingdrugs and devices). • Non-prescription, non-legendor over-the-counter drugs. • Vitamins (exceptpre-natal and children's vitamins), minerals, diet foodsor supplements and other nutritional supplies unless specifically authorized as a benefit under the terms of the plan. • Cosmetic surgery and cosmetic drugs used for cosmetic purposes like Retin-A/Tretinoin and Minoxidil/Rogaine. • Reports, evaluations, examinations or hospitalizations not required for health reasons such as employment or insurance examinations. • Treatment of teeth/periodontalium except for emergency dental work to stabilize teeth due to injury to sound natural teeth. • Reversal of voluntary sterilization procedures. • Weight control or weight reduction programs unless prescribed to treat Morbid Obesity, Gastric and Intestinal Bypass, Stapling, Bubble and similar procedures. • Transsexual surgery and relatedservices. • Therapyto improve general physical condition. • Personal or comfort items suchas personal care kits, television, and telephone rental inhospitals. • Surgical treatment for correction of refractive errors, including radial keratotomy (i.e. LASIK surgery). • Routine, palliative and cosmetic foot care. • Amniocentisis,ultrasoundoranyotherprocedures requestedsolelyforsexdetermination ofafetus,unlessmedicallynecessaryto determinethe existenceofasex-linked geneticdisorder. • Over-the-counterdisposable or consumable supplies, including support garments and other non-medical substancesregardless of their intended use. • Charges in excess of the Reasonableand Customary allowance. • An injury sustained while attempting to commit or committing a felony. • Aninjury or illness resultingfrom participation in a conflictinvolving any armed forces inan act of war, whether or not declared. • Contact lenses, eye glasses, and frames, except for contact lenses after cataract surgery. • Services or supplies provided by a person who ordinarily resides in the patient's home or is related to the patient by blood, marriage or adoption. • Services or supplies provided for which no charge would be made in absence of the Plan. • Unless a Medical Care Benefit, therapeutic treatment unless conclusive scientific evidence proves it improves health outcome. • Behavioral Modification Therapy unless the therapy is for the treatment of a developmental disorder or a congenital learning disability. • Educational, scholastic and vocation testing and training. • Services or supplies (including appliances, equipment and construction) for comfort or convenience, personal hygiene or beautification, as determined by the Plan Administrator, unless

such service or supply is primarily and customarily used only for medical reasons. • Services and supplies for which benefits are recoverable under no-fault insurance. • The provision of services or supplies which would be unlawful given where the Covered Person resides. • Telephone consultations.

Dental Benefit Exclusions These exclusions apply to the MetLife Plan: • Services which are not dentally necessary , do not meet generally accepted standards of care for treating the particular dental condition or are deemed experimental in nature. • Services for which you would not be required to pay in the absence of dental insurance. • Servicesor suppliesreceivedby youor your dependentbefore dental insurancestarts for that person. • Services which are primarily cosmetic (for Texas residents, see notice page section in Certificate of Coverage). • Serviceswhich are neither performed nor prescribed by a dentist except for those services of a licensed dental hygienist (scalingand polishing of teeth or fluoride treatments) which are supervised and billed by a dentist.

• Services or appliances which restore or alter occlusion or vertical dimension. • Restoration of tooth structure damaged by attrition, abrasion or erosion. • Restorations or appliances used for the purpose of periodontal splinting. • Counseling or instruction about oral hygiene, plaque control, nutrition and tobacco.

• Personal supplies or devices including, but not limited to: water picks, tooth brushes or dental floss. • Decoration, personalization or inscription of any tooth, device, appliance crown or other dental work. • Missed appointments, prescription drugs, caries susceptibility tests or Intra and extraoral photographic images. • Services covered under Workers' Compensation, an occupational disease law or any employer liability law. • Services for which Tishman is not required to pay or those services that are covered under other coverage provided by Tishman. • Services received at a facility maintained by the employer, labor union, mutual benefit association or VA hospital. • Temporary or provisional restorations or appliances. • Servicesfor which the submitted documentation indicates a poor prognosis. • The following when charged by a dentist on a separate basis: claim form completion, infection control, local anesthesia, non-intravenous conscious sedation or analgesia (e.g. nitrous oxide) • Dentalservicesarising out ofaccidentalinjuryto the teeth and supportingstructures, except for injuriesto the teeth due to chewingor bitingfood. • Initialinstallation ofafixedandpermanent denture to replacenatural teethwhichwere missingbefore suchpersonwasinsuredfordental insurance,except forcongenitally missingnatural teeth. • Other fixed denture prosthetic services not described elsewhere in the Certificate of Coverage. • Precision attachments, except when the precision attachment is related to implant prosthetics. • Initial installation or replacement of a full or removable denture to replace natural teeth which were missing before such person was insured for dental insurance, except for congenitally missing natural teeth. • Addition of teeth to a partial removable denture to replace natural teeth which were missing before such person was insured fordental insurance,exceptforcongenitally missing natural teeth. • Adjustmentof a denture made within six months after installation by the same dentist who installed it. • Implants including, but not limited to any related repair, surgery, placement, restorations, maintenance and removal. • Fixed and removable appliances for correction of harmfulhabits. • Diagnosisand treatment oftemporomandibular joint(TMJ)disorders. This exclusiondoesnot apply to residents of Minnesota. • Repair or replacement of an orthodontic device. • Duplicate prosthetic devices or appliances. • Replacementof a lost or stolen appliance, cast restoration or denture. 15

Vision Benefits

Tishman will continueto provide its vision benefit through UnitedHealthcare Vision. The network is one of the nation'slargestproviders of eye care coverage with a provider network consistingofover 32,000 private practice and retail chain providers. These providers offer both eye exams and eye wear, making for a convenient, "one-stop" means of obtaining eye care. This coverage, if elected, is offered by Tish- man at no cost to you for yourself and your eligible family members. Vision Plan The Vision Plan provides you access to quality and affordable vision care coverage. This plan allows you to receive a complete eye examinationandmaterials (if needed). Youcan choose to receive care froma participating provider (in-network) or from any doctor of your choosing (out-of-network). If you decide to utilizean out-of-networkprovider, you willreceive a lesser benefit andtypically paymore out ofpocket. This plan allows for services and materialsto be obtained every 12 months basedon the last date of service.

Vision Plan Summary This chartsummarizesthebenefits provided under theVisionPlan.

UnitedHealthcare Vision Plan

Benefit Description

In-Network

Out-of-Network

Service Interval - Exams, Lenses, Frames and Contact Lenses (in lieu of lenses and frames)

Every 12 months based on last date of service

EyeExam

$10copay

Upto$40

Lenses (per pair) Single Lined Bifocal Lined Trifocal Lenticular

Up to $40 Up to $60 Up to $80 Up to$80

100% with Standard Scratch- Resistant Coating Lens Option

Covered in Full Frame: 100% Wholesale: Up to $50 Retail: Up to$130

Frames

Upto$45

ContactLenses Covered in Full Contact Lenses Medically Necessary Contact Lenses All Other Contact Lenses

Covered100%(UptoPlanLimits) Covered 100% Upto$200

Up to $200 Up to $210 Up to $200

Includes 8 Boxes of Contact Lenses

Frame Benefit: All wholesale frames less than our allowance are covered in-full at private practice providers. For any frame with a greater cost, you only pay the difference between the wholesale cost of the frame and the allowance. Additionally, you receive a retail frame allowance for frames purchased at retail chain providers. If your frame purchase exceeds the retail allowance, you will only pay the difference between the cost of the frame and the allowance. Contact Lens Benefit: Contactlensesareprovidedinlieuofeyeglasses(lensesandframe).Thecontactlensbenefitcoversin-full(afterapplicable copay)thefitting/evaluationfees, contacts (including eight boxes of disposables), and up to two follow-up visits. An allowance is applied toward the fitting/evaluation fees and purchase of contact lenses outside of our covered in-full contacts (materials copay does not apply). Toric, gas permeable, and bifocal contact lenses are all examples of contacts that are outside of our covered in-full selection. Medically Necessary Contact Lenses: Medicallynecessarycontactlensesaredeterminedattheeyecareprovider'sdiscretionforoneormoreof thefollowingconditions:following cataractsurgerywithoutintraocularlensimplant;tocorrectextremevisionproblemsthatcannotbecorrected witheyeglasses;withcertainconditionsofanisometropia;withcertain conditions of keratoconus. If an out-of-network provider considers contacts necessary, you should ask the provider to contact UnitedHealthcare concerning the reimbursement amount that the plan will provide before they purchase such contacts.

Life and AD&D Insurance

Basic Life and AD&D Insurance

Life insurance is an important part of your financial security, especially if others depend on you for support. That is why Tishman provides eligible employees and their families with Basic Life and Accidental Death and Dismemberment (AD&D) Insurance. These benefits are provided through Unum and are 100% company-paid. Employee Life and AD&D Insurance As an eligible employee, you are provided with Basic Life Insurance in an amount that equals one times (1x) your base salary to a maximum of $1.5 million. After the completion of three years of service, your Basic Life Insurance amount is increased to three times (3x) your base salary to a maximum of $1.5 million. In addition, an equal amount of AD&D Insurance is provided.

Please Note: Evidence of Insurability is required for Basic Life Insurance coverage that exceeds $700,000.

Dependent Life Insurance As an eligible employee, Tishman also provides your spouse and dependent child(ren) with Basic Life Insurance. Your spouse is provided with $25,000 of Basic Life Insurance coverage. Your dependent child(ren) from live birth to age six months are provided with $1,000 of Basic Life Insurance coverage. The coverage amount for children age six months to 26 years (if a full-time student) is $10,000. Voluntary Life Insurance If you need additional protection beyond the Basic coverage provided to you at no cost, you may purchase Voluntary Life Insurance for yourself and your dependents. If you elect this coverage, you are responsible for paying 100% of the premium cost and your deductions are taken from your paycheck in after-tax dollars. Employee Voluntary Life Insurance You may purchase coverage for yourself in increments of $10,000 up to a maximum of $500,000. The Guaranteed Issue amount for newly eligible employees is $70,000. Dependent Voluntary Life Insurance You may purchase coverage for your spouse and dependent child(ren) in the amounts listed within the table below.

Guaranteed Issue During your initial eligibility period (within 31 days of your benefits effective

date), coverage is offered on a Guaranteed Issue

basis. This means that you are automatically approved for a pre- determined amount of Voluntary Life Insurance coverage without being subject to Evidence of Insurability. For more information on Evidence of Insurability, please refer to page 14.

Guarantee Issue Amount

Coverage For:

Purchase Amount

Benefit Maximum

$500,000 (cannot exceed 100% of the employee coverage amount

Spouse

$5,000 increments

$25,000

Dependent Child(ren)

$2,000 increments

$10,000

Life and AD&D Insurance Eligibility Your Basic Life and AD&D coverage and Voluntary Life Insurance elections will become effective on the first of the month following 90 days of continuous employment. 17

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