RESPONSIBILITY FOR OUR PEOPLE, OUR PLANET, OUR PROPERTIES

Macerich’s ESG efforts weave throughout every level of our organization, engaging our people in these essential efforts. From top to bottom and throughout our organization, focused leadership and a clear structure govern Macerich’s fully integrated ESG efforts. Transparency and sound governance are part of everything we do.

Oversight of ESG activities and how we manage climate-related risks and opportunities rests with the Board of Directors, with primary oversight by the Nominating and Governance Committee. Macerich’s internal, cross-disciplinary MacImpact Committee meets regularly to further the Company’s ESG objectives and goals. Through its inclusive approach to day-to-day actions, the group oversees the implementation of projects and initiatives to meet program objectives, with executive leadership and oversight provided by the EVP of Portfolio Operations and People.

Our comprehensive approach to integrated ESG governance is guided by policies (see p. 113-114), commitments (see p. 9-10), goals and targets (see p. 25-26) and responsibilities and protocols assigned at the department level. We evaluate the effectiveness of our management approach through benchmarking, external performance ratings and stakeholder feedback. A portion of annual executive compensation is tied to Macerich’s progress in meeting ESG goals.

Our Continuum Of Esg Disclosures

We include essential information regarding our ESG goals, progress and results in the following published materials.

ANNUAL REPORT/10-K

Includes an overview of ESG program priorities and material risk disclosures

Proxy Statement

Summarizes ESG practices and priorities, including how Board and management guide program strategy and ensure accountability

Corporate Responsibility Report

Details environmental and social performance aligned with multiple reporting frameworks, including GRI, SASB, TCFD and UNSDG