X0306 4 2020-08-25 0 0001795250 Madison Square Garden Entertainment Corp. MSGE 0001725601 Lustgarten Andrew TWO PENNSYLVANIA PLAZA NEW YORK NY 10121 0 1 0 0 President Class A Common Stock 2020-08-25 4 A 0 2098 0.00 A 2098 D Class A Common Stock 2020-08-25 4 A 0 1128 0.00 A 3226 D Class A Common Stock 2020-08-25 4 F 0 1232 71.00 D 1994 D Restricted Stock Unit 2020-08-25 4 A 0 11583 0.00 A 2023-09-15 Class A Common Stock 11583 11583 D Each performance stock unit ("PSU") was granted on April 17, 2020 under the Madison Square Garden Entertainment Corp. ("MSGE") 2020 Employee Stock Plan (the "2020 Employee Stock Plan") in respect of a PSU granted by Madison Square Garden Sports Corp. ("MSGS") on August 30, 2017. The PSUs vested on August 25, 2020 upon the achievement of performance criteria established by MSGS at the time of the grant of the MSGS PSU. Each PSU was granted on April 17, 2020 under the 2020 Employee Stock Plan in respect of a PSU granted by MSGS on April 19, 2018. The PSUs vested on August 25, 2020 upon the achievement of performance criteria established by MSGS at the time of the grant of the MSGS PSU. Represents PSUs of MSGE withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnotes 1 and 2 above, exempt under Rule 16b-3. Each restricted stock unit ("RSU") was granted on August 25, 2020 under the 2020 Employee Stock Plan and represents a right to receive one share of Class A Common Stock or the cash equivalent thereof. The RSUs will vest and settle in three equal installments on September 15, 2021, September 15, 2022 and September 15, 2023. /s/ Emma Y. Barnett, Attorney-in-Fact for Andrew Lustgarten 2020-08-27