W. P. Carey Inc.

1. U.S. Race and Ethnicity data is collected by our Human Resources Department.

We conduct a pay equity analysis each year, with the assistance of a labor economist, to ensure that regardless of gender, race or national origin, employees who perform similar work under similar circumstances are paid similar wages. We are pleased this work confirms that our pay practices are fair and equitable.

Our 2023 DEI initiatives focused on education, as well as helping to facilitate conversations around race, sexual orientation and gender identity, national origin, creed and other important topics that enable us to translate our beliefs as a Company into action.

During 2023, we:

■Conducted firm-wide DEI training, with 100% participation by active employees, including management, as of December 31, 2023 and in-person DEI training with our Board;

■Welcomed Dr. Peniel Joseph for a discussion of his book, The Sword and the Shield: The Revolutionary Lives of Malcolm X and Martin Luther King Jr, in honor of Black History Month;

■Participated in NYC Pride events and hosted Tiffanie Barriere for a Juneteenth-inspired history lesson;

■Made donations to the Gift of Adoption, Equal Justice Initiative, the Special Olympics and the Hispanic Federation, among many other organizations; and

■Hosted 10-time Grammy Award-winner Eddie Palmieri for a special edition of Conversations@Carey in honor of Hispanic Heritage Month.

As we recognize that real change takes time and sustained effort, we are committed to supporting a diverse workforce and an inclusive culture. With a focus on recruiting, training and education, benefits and programming, and employee engagement, we seek to do our part in dismantling systemic racism and creating a more equitable, just and inclusive society.

Employee Health and Wellness

The health and wellness of our employees and their families are paramount and our comprehensive benefits package is designed to address the changing needs of all of our employees and their dependents. We continue to offer adoption, surrogacy and egg freezing benefits, as well as a Lifestyle Spending Account, to meet the evolving needs of our diverse workforce and their families. We were recognized by the American Heart Association with silver level achievement for 2023 on its Well-being Works Better™ Scorecard for our quality workforce health and well-being programs and our culture of health best practices.

Highlights of our U.S. benefits program include:

■Company-paid medical, vision and dental insurance, including family and domestic partner coverage, at 100%;

■Carey Fund, which provides each employee with $2,000 per year for healthcare costs not covered by insurance;

■Lifestyle Spending Account, which provides each employee with $3,000 per year for physical, financial and emotional wellness and transportation reimbursements;

■Company-paid life and AD&D insurance;

■Short-term disability, including an eight-week continuation of pay program at 100% of base salary;

■Competitive vacation and leave policies, including primary and secondary caregiver leave; and

■Employee Assistance Program, which allows employees to access counseling, legal and financial planning referrals, caregiver referrals and other resources.

In addition, our Carey Wellness program provides our employees with education and practical guidance on nutrition, stress management and general healthy living matters that they can apply both in and out of the office.

Financial

■Competitive compensation programs;

■Firm-sponsored profit-sharing plan under which the Company contributes 10% of an employee's total cash compensation, up to an annual limitation ($33,000 for 2023), into the employee's retirement account;

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■Employee-funded 401(k) and Roth 401(k) plans;

■Employee share purchase plan;

■Long-term incentive plan;

■Adoption, surrogacy and egg-freezing financial support;

■Flexible spending accounts (medical/dependent care);

■Grants of restricted stock units for milestone anniversaries; and

■Charitable contribution matching program by the W. P. Carey Foundation.