EisnerAmper SB 261 Disclosure

This climate-related financial risk report is prepared for EisnerAmper LLP and Eisner Advisory Group LLC and its subsidiaries (collectively EisnerAmper or the “Firm”) in accordance with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD, 2017) in response to the requirements under Section 38533 of the California Health and Safety Code, known as the “Climate-Related Financial Risk Act” or “California SB 261” (California State Legislature, 2023). A Climate Risk Assessment and Scenario Analysis were conducted to evaluate climate-related risks. The assessment addresses both physical and transition risks using reputable data sources, including FEMA, Climate Central, Climate Impact Lab, and the World Resources Institute. Physical risks are assessed across multiple timeframes and climate scenarios (RCP 4.5 and RCP 8.5), while transition risks are informed by Sustainability Accounting Standards Board (SASB) industry risk categories.

This Climate-Related Financial Risk Report is prepared in conformance with the Final Report of Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD, 2017), one of the approved frameworks under HSC § 38533. The TCFD framework was selected because it is globally recognized, directly referenced by California Air Resources Board (CARB) draft checklist, and provides a clear structure aligned with the required disclosure pillars: Governance, Strategy, Risk Management, and Metrics & Targets.

Governance

Describe the board’s oversight of climate-related risks and opportunities
Describe management’s role in assessing and managing climate-related risks and opportunities

EisnerAmper’s Board of Directors provides independent oversight of management’s execution of business strategy, including the assessment and monitoring of climate-related risks and opportunities. The Board is responsible for evaluating overall risks to the Firm and overseeing sustainability matters, so that corporate governance practices align with stakeholders’ long-term interests.

EisnerAmper has an ESG Steering Committee which is responsible for overseeing the Firm's Environmental, Social, and Governance (ESG) initiatives. The ESG Steering Committee is chaired by the Partner-In-Charge, Operations who reports to the Chief-Operating Officer (COO), who in turn reports to the Chief Executive Officer (CEO) and the Board. In addition, the COO also oversees the Firm’s Business Continuity Plan (BCP), which outlines the Firm’s strategy for managing and recovering from disruptive events, including severe climate-related events.

Risk Management

Describe the processes for identifying and assessing climate-related risks
Describe the processes for managing climate-related risks
Describe how processes for identifying, assessing, and managing, climate-related risks are integrated into the organization’s overall risk management

EisnerAmper conducts forward-looking climate risk modeling across its office portfolio using standardized scenarios aligned with the Intergovernmental Panel on Climate Change (IPCC) Representative Concentration Pathways (RCPs). The analysis evaluates both:

RCP 4.5 (Moderate Emissions Scenario): Assumes moderate greenhouse gas mitigation efforts and climate stabilization by mid-century.
RCP 8.5 (Business as Usual Scenario): Assumes continued high emissions without significant policy intervention.

Risks are assessed across three planning horizons to capture both near-term operational and long-term strategic implications:

Near-term (2025): Baseline current conditions and immediate adaptation needs.
Mid-term (2030): Risks materializing within strategic planning cycles and typical lease renewal periods.
Long-term (2050): Risks affecting long-term real estate strategy, owned asset values, and market viability.

Each office location is evaluated for exposure to seven key climate hazards: extreme heat, drought, hurricanes and tropical storms, sea level rise and coastal flooding, inland flooding, wildfire proximity, and water stress. Locations receive a risk rating (Low, Medium, High, Very High) for each hazard across the scenario-time horizon combinations, creating a matrix of potential future conditions.

The Risk Identification assessment process involves multiple steps:

Asset-Level Screening: Locations are geocoded and evaluated against climate hazard datasets that project future conditions under RCP 4.5 and 8.5 scenarios. This includes factors such as projected maximum temperatures, precipitation extremes, storm surge modeling, and groundwater depletion rates.
Exposure Quantification: This risk assessment was performed using headcount by office as the best available proxy to risk.
Scenario Comparison: By comparing risk ratings across RCP 4.5 and RCP 8.5 scenarios, risks that are potentially mitigable through global emissions reductions versus those that are "locked in" regardless of climate policy outcomes are identified.
Time Horizon Analysis: The firm tracks how risks evolve from baseline (2025) through mid-term (2030) to long-term (2050), identifying locations where currently low risks escalate to medium or high ratings. These "emerging risks" require proactive adaptation planning before they materialize.
Severity and Likelihood Integration: Each risk rating incorporates both the physical severity of potential climate impacts and the likelihood of occurrence within each time period.

Beyond physical hazards, the Firm evaluates transitional risks stemming from policy, regulatory, market, technology, and reputational factors associated with the transition to a low-carbon economy. This includes assessing exposure to carbon pricing, evolving building codes, client disclosure expectations, and potential stranded asset risks in high-carbon real estate portfolios.

Following its evaluation of climate-related risks, the Firm has determined that no material climate risks are present. This conclusion reflects the Firm’s business model as a professional services provider with minimal location-based dependency for service delivery. In addition, the Firm’s commitment to the United Nations Global Compact (UNGC), Environmental Policy, ESG Steering Committee, and Business Continuity Plan (BCP) support framework creation, policy review process, employee engagement initiatives, and investments in resilient infrastructure that further mitigate potential climate-related exposures.

Based on the analysis conducted, no climate-related risks were identified that are reasonably likely to have a substantive impact on the Firm under any of the time horizons or climate scenarios evaluated.

Strategy

Describe the climate-related risks and opportunities the company has identified over the short, medium and long-term
Describe the impact of climate-related risks and opportunities on the company’s businesses, strategy, and financial planning
Describe the resilience of the company’s strategy, taking into consideration different climate-related scenarios

Below are the relevant risks and opportunities identified over the short- (1 year), medium- (5 year), and long-term (25 year) horizons.

Risks

Offices and workforce in areas with high physical climate-related risks
ESG reporting requirements
Supply Chain impacted by climate-related risks
Clients impacted by climate-related risks

Opportunities

Incorporate climate risks in ongoing review and management of insurance coverage.
Implement and maintain an ESG communications strategy.
Build resilience by working with suppliers on climate adaptation measures, exploring sustainable sourcing options, and scaling partnerships that reduce exposure to climate-related disruptions.
Serve clients impacted by climate-related risks through ESG and other advisory services.

Although no climate-related risks were assessed as material, the Firm acknowledges that certain acute physical risks may increase in frequency or severity over time. In particular, the Firm anticipates that risks associated with extreme heat and coastal flooding may rise relative to current baseline conditions. By contrast, the Firm does not expect the relative risk profile for wildfires, hurricanes, or drought at its office locations to change based on currently available data and modeling inputs.

With respect to transition risks, the Firm will continue to closely monitor emerging and forthcoming climate-related legislation, regulatory requirements, and industry standards to maintain ongoing compliance. EisnerAmper will also evaluate any future developments that may necessitate updates to its existing policies, procedures, or operational practices.

EisnerAmper recognizes that climate change presents both risks and opportunities that can influence business operations, including client services, work force and operational resources and costs. Strategic planning considers a range of potential impacts, evaluating physical risks, such as extreme heat, wildfires, hurricanes, and drought, as well as transition risks linked to regulatory changes, client expectations, market shifts, and emerging technologies.

These risks and opportunities are reflected in shaping EisnerAmper’s strategy and financial planning. Compliance obligations are driving investments in emissions tracking and assurance. EisnerAmper’s approach positions climate resilience not only as a compliance issue but also as a driver of long-term competitiveness and growth. The Firm’s overall resilience strategy is grounded in its established business continuity plan (BCP), which is regularly reviewed and tested to maintain operational stability. As a professional services organization with limited exposure to direct physical climate impacts, the Firm is positioned to maintain core service delivery even under conditions of acute or chronic climate stress. In addition, the Firm’s dedicated ESG practice area and its internal sustainability policies established by its ESG Steering Committee further strengthen organizational preparedness by integrating climate-related considerations into strategic planning, facilities management, procurement, and client advisory functions. Collectively, these measures support the Firm’s ability to continue operations, safeguard personnel and assets, and meet client needs in the event of climate-related disruptions.

Metrics & Targets

Describe the metrics used to assess climate-related risks and opportunities in line with strategy and risk management process
Disclose Scope 1, 2, and if appropriate Scope 3 Greenhouse Gas (GHG) emissions and the related risks
Describe the targets used by the Organization to manage climate-related risks and opportunities and performance against targets

EisnerAmper systematically monitors its office locations for exposure to upper quintile physical climate risk and integrates this analysis with financial performance metrics at each site. By linking climate vulnerability with personnel data, the reporting company can identify which offices may face the greatest potential financial impact from climate-related hazards such as extreme weather events, flooding, or prolonged heat stress. This approach enables EisnerAmper to prioritize resilience planning, allocate resources more effectively, and proactively manage risks to both operations and long-term financial stability.

EisnerAmper measured its Scope 1 and 2 emissions in 2024 and plans to start measuring Scope 3 emissions in 2026. Risks associated with emissions include potential regulatory costs, reputational pressures, and changes in client or supplier expectations as carbon reporting becomes increasingly standardized.

Category	Location-Based Emissions (mT CO₂e)	Market-Based Emissions (mT CO₂e)
Scope 1	921.01	921.01
Scope 2	4,805.33	Not reported
Scope 3	Not Measured	Not Measured
Totals	5,726.34	Not reported

EisnerAmper has yet to set climate-related targets.

This report has been prepared in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to ensure compliance with CA SB 261, as amended by CA SB 219.

The information presented in this report reflects our current assessment of climate-related risks and opportunities to our business operations, revenues and expenditures, based on available data, methodologies, assumptions and third-party sources. Certain disclosures may be required by California law regardless of their materiality under U.S. federal securities laws, and references to “material” in this report are intended solely in the context of applicable TCFD-aligned disclosures.

This report includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our sustainability goals, plans, commitments, expectations, strategies and results, as well as related business and stakeholder impacts. Forward-looking statements can be identified by words such as “may,” “could,” “will,” “goal,” “estimates” or words of similar meaning. Forward-looking statements reflect our current views about our goals, plans, commitments, expectations, strategies and results, which are based on information currently available to us and on assumptions we have made. Forward-looking statements and underlying assumptions are subject to inherent uncertainties, including evolving regulations, market conditions and scientific understanding. Although we believe that our goals, plans, commitments, expectations, strategies and results as reflected in or suggested by any forward-looking statements are reasonable, we can give no assurance that they will be attained or achieved. We may determine, in our discretion, that it is not feasible or practical to implement or complete certain of our sustainability goals, plans, commitments, expectations or strategies based on cost, timing or other considerations.