Claire D. Sweeney

About Claire D. Sweeney

Claire D. Sweeney, age 25, has served as a Class B Director of Madison Square Garden Entertainment Corp. since April 7, 2025. She holds a BTA in Arts Administration from the University of Michigan (2022) and a Master’s in Music Business from NYU (2024), and currently works as an Administrative Assistant on the Press & Media team at Republic Collective (since June 2024); prior internships included Sphere Entertainment, Radio City Music Hall, and AMC Networks . She is not assigned to any Board committee and is not among the Board’s designated independent directors; only Martin Bandier, Donna M. Coleman, and Frederic V. Salerno are determined independent under NYSE/SEC rules . The Board met five times in FY2025 and each director who served during the year attended at least 75% of Board/committee meetings; Ms. Sweeney joined during FY2025 .

Past Roles

External Roles

Board Governance

• Status and independence: MSGE is a “controlled company” under NYSE rules and does not have a majority-independent Board; independent directors total 25% and are identified as Martin Bandier, Donna M. Coleman, and Frederic V. Salerno .
• Committee structure: Two standing committees (Audit; Compensation), each comprised solely of independent directors. Audit: Bandier, Coleman, Salerno (Chair), 4 meetings in FY2025. Compensation: Bandier, Coleman (Chair), Salerno, 7 meetings in FY2025 .
• Nominations: No nominating committee; nomination mechanisms follow Governance Guidelines and voting structure (Class A directors recommended by independent Class A directors; Class B nominees recommended by Class B directors) .
• Executive sessions: Independent/non-management directors meet regularly in executive session, with separate independent-only sessions at least annually if needed .
• Attendance: Board met 5 times in FY2025; each director who served during the year attended ≥75% of applicable meetings .
• Related-party oversight: Independent Committees (all independent directors) review and approve related-party transactions (Item 404 threshold >$120,000) and all transactions with Sphere Entertainment, MSG Sports, and AMC Networks above $1,000,000; quarterly updates provided by Internal Audit. Policy amendments require approval by a majority of independent directors and a majority of directors elected by Class B holders .

Fixed Compensation

• Compensation program components (for non-employee directors): Annual cash retainer $75,000; annual equity retainer $160,000; committee member fee $15,000; committee chair fee $25,000 .
• Perquisites: Event ticket access is provided; aggregate perquisites were < $10,000 per director in FY2025 and excluded from the table .
• Cash/equity mix signal: For FY2025, stock awards exceeded cash retainer (stock $110,567 vs cash $18,750) .

Performance Compensation

Directors do not receive performance-based incentive awards. Annual director RSUs are fully vested on grant date and subject to a post-service holding requirement until the first business day following 90 days after separation; directors may also elect to defer cash compensation into RSUs pursuant to the 2023 Stock Plan for Non-Employee Directors .

Other Directorships & Interlocks

Expertise & Qualifications

• Education: BTA, Arts Administration, University of Michigan (2022); MS in Music Business, NYU (2024) .
• Industry exposure: Internships at Sphere Entertainment, Radio City Music Hall, and AMC Networks; current role at Republic Collective’s Press & Media team .
• Committee expertise: Not a member of Audit or Compensation Committees (which are fully independent); Audit Committee financial experts designated are Donna M. Coleman and Frederic V. Salerno .

Equity Ownership

• Hedging/pledging: Company policy prohibits directors from hedging and pledging Company securities or placing securities in margin accounts .
• Holding requirement: Director RSUs are fully vested at grant but subject to post-service holding until 90 days after separation .

Governance Assessment

• Alignment and oversight positives:

  • Equity-based retainer with mandatory post-service holding promotes long-term alignment; independent Audit and Compensation Committees provide oversight, with Audit Committee financial experts designated .
  • Codified independent review for related-party transactions and intercompany dealings with Sphere, MSG Sports, and AMC Networks adds safeguards amid the controlled structure .
  • Board/committee engagement: Board met 5 times in FY2025; each director who served attended ≥75% of applicable meetings .

• RED FLAGS / risk indicators affecting investor confidence:

  • Not independent; elected as a Class B Director within a controlled company governance framework where Class B holders elect up to 75% of the Board .
  • Extensive familial relationships with multiple directors and key figures across Dolan-controlled entities, elevating perceived related-party exposure (mitigated procedurally via Independent Committee policy) .
  • Early-career profile with limited disclosed senior operating/financial experience (current role as Administrative Assistant; internships prior), which may raise board effectiveness concerns in areas requiring deep financial or operational oversight; not assigned to Audit/Compensation Committees .
  • No direct share ownership reported as of Apr 17, 2025; holding consists of RSUs (3,401) as of Jun 30, 2025, which are subject to post-service holding but do not convey current voting power, modest near-term “skin in the game” signal relative to direct stock ownership .