OUR CULTURE

Our people make us who we are. At Macerich, we embrace inclusion and work to embed diversity, equity, inclusion and belonging practices into our business operations and the communities we serve across the country. By listening to and involving our employees, customers, retailers and other stakeholders, we continue to advance our stewardship of our people and properties with purpose.

We recognize that our employees’ identities extend far beyond their job titles. We believe that our people’s lived experiences make the Company stronger for all stakeholders and the communities where we operate. We make space for all employees by:

• Enforcing zero tolerance for racism and discrimination and promoting inclusive behaviors

• Hosting ongoing inclusive culture educational opportunities

• Defining and executing philanthropic and communication strategies to foster greater community connection and belonging

BUILDING A CULTURE OF INCLUSION & BELONGING

Throughout the year, we produced employee profiles and speaker panels to commemorate and celebrate our diverse populations. These events, which center around the lived experiences of colleagues, covered topics such as maintaining generational ties to family heritage, navigating bias and violence, and building allyship. Recognitions included Black History Month, Asian and Pacific Islander Heritage Month, Hispanic Heritage Month, Italian American Heritage Month and Polish American Heritage Month.

Accelerating Progress Through Our Employees

To further unify our ESG initiatives for the Company, through MacImpact, employee-led, project-based teams collaborate and authentically bring together varied perspectives. By redefining how we advance our corporate social responsibility and industry-leading environmental efforts, we continue to grow long-term value and make positive, lasting impacts for all stakeholders.

Through these efforts, we know we can genuinely make a positive impact by responding to the social needs of people and the communities we serve. Our Company culture is driven directly by our employees, including through collaborative groups focused on evolving:

• EMPLOYEE EXPERIENCE: Assesses and makes recommendations for improvement related to various aspects of the employee life-cycle experience

• HEALTH, WELLNESS & BENEFITS: Spearheads ongoing ideation, evaluation, implementation and advocacy for all initiatives under the employee wellness and supplementary benefits programs umbrella

• MENTORSHIP: Empowers all employees with the confidence to form alliances throughout the Company, improve interpersonal and career connections and gain a greater understanding of the Company’s goals and interdepartmental impact on the outcome

• PHILANTHROPY: Develops and executes the enterprise philanthropic strategy related to our ESG interests

• RECOGNITION : Develops comprehensive programs that celebrate and recognize the efforts and achievements of our Company, our people, our retailers and partners and our communities

• TRAINING & EDUCATION: Focuses on providing employee training and professional development opportunities and assisting business units in meeting compliance requirements