ESRT extends CEO Anthony Malkin's contract to 2027 with $1M retention bonus

Empire State Realty Trust, Inc.

Employment term extended three years to October 7, 2027; auto-renews annually.
Retention bonus of $1,000,000 payable at end of Current Term or upon termination without Cause/Good Reason.
Base salary of at least $880,000; target annual bonus 150% of base salary.
Failure by Company to renew automatically deemed termination without Cause.
Executive continues as Chairman and CEO with same duties and reporting structure.

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