EMPLOYEE DEMOGRAPHICS

Macerich is committed to promoting a culture that is supportive and inviting to people of all backgrounds, powered by an atmosphere that promotes diversity, equity, inclusion and a sense of belonging. Our policies and practices provide equal employment opportunities, and we recruit, hire and promote at all levels without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by local, state or federal laws.

Macerich believes that our work to optimize business practices to attract and retain diverse talent today will result in not only a workforce at all levels that is more representative of the communities we serve, but also improved organizational agility and performance in the future.

We have made notable gains in recent years relative to our goal to increase gender and racial or ethnic diversity within our leadership team. In 2022, we built on the progress made in 2021 in SVP leadership representation. Individuals identifying as female accounted for 67% of promotions at the Vice President level, and individuals identifying as female from underrepresented groups accounted for 33% of all promotions at the Vice President level. As of December 31, 2022, approximately 59% of the Company’s employees identified as female. Of the total employee population, approximately 30% identified as belonging to an underrepresented group, while <1% did not specify race or ethnicity.

Population By Racial Or Ethnic Identity

*Data based on Nareit and Ferguson Partners, "2022 Nareit Workforce Development & DEI Survey." ^Data based on U.S. Bureau of Labor Statistics, Current Population Survey.

**U.S. Bureau of Labor Statistics defines Hispanic or Latino as an ethnicity, not a race. While listed above, it does not calculate toward the U.S. workforce total.

Employee Population By Gender Identity And Employment Type