Our Board, and particularly our Nominating and Governance Committee, is assigned with oversight of ESG, which includes climate change risk. In 2023, we continued the assignment of ESG performance metrics as part of our Executive Compensation program. Our discussion on corporate governance is included in our proxy statement, which can be viewed at www.vno.com/proxy and the governance section of our website at www.vno.com/governance. In 2023, we will continue to monitor developments from the Securities and Exchange Commission on potential rule making for climate disclosures. Our ESG narrative is told with transparency and supported by data. All can be found at www.vno.com/sustainability. [...] The leadership, beginning with the Board of Trustees, is part of the top-down strategy for the ongoing assessment and management of climate-related risks, which includes the execution of tasks throughout all levels and divisions of our business and receives regular updates on ESG from the Vornado Executive team. Our Board's Lead Trustee, also our Corporate Governance and Nominating Committee Chair, oversees environmental matters, including climate-related risks and opportunities. Vornado now includes critical ESG metrics, and associated progress towards achieving all-term climate targets, within the annual executive compensation package. [...] A Corporate ESG Team helps to set company-wide priorities and serves as the liaison to the Board on climate-related risks and opportunities. While responsibilities are integrated throughout the company, the Chief Sustainability Officer and team oversee the management of climate risks along our properties' acquisition, development, operation, and disposition stages. Through direct interaction within various divisions, the Sustainability team continually evaluates transitional, physical, financial, and legal risks and opportunities. [...] The Board of Trustees is tasked with oversight of ESG matters including climate change risk, DE&I, and human capital management. They receive quarterly updates from VNO's Executive Team on ESG and an annual presentation from the SVP, Chief Sustainability Officer. The Corporate Governance and Nominating Committee oversees our ongoing ESG program and sustainability initiatives. [...] The Corporate ESG Team is responsible for stakeholder engagement, investor communication and outreach, and execution of ESG strategy. The Team has a formal schedule of annual investor engagement on ESG and frequent meetings and communication among members. [...] The Sustainability Team is responsible for ESG strategy implementation within respective areas of focus. This includes daily discussions and active collaboration on specific projects as well as operations and maintenance. The Sustainability Team reports to the VNO Executive Team and the Corporate ESG Team. [...] ESG strategy is integrated across the entire spectrum of business units and stakeholder groups. There is frequent communication with respective heads of management.