2021  
Environmental,  
Social & Governance  
Report
Gilbert Crossroads -  
Phoenix, Arizona

03
A Message to our 
Stakeholders
04
About EastGroup 
05
Our Priorities 
Contents of this Report
06
Enterprise Risk 
Management
07
Sustainable 
Performance
08
Environmental 
Stewardship
10
Human Capital 
Management
15
Governance & 
Leadership
Gateway Commerce Park -  
Miami, Florida
Steele Creek Commerce Park - 
Charlotte, North Carolina

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
A Message to our Stakeholders
Marshall A. Loeb
President & Chief Executive Officer
Brent W. Wood
Executive Vice President & Chief 
Financial Officer
Staci H. Tyler, CPA
Senior Vice President & Chief 
Accounting Officer
Dear Stakeholder,
During 2021, EastGroup has continued to 
expand our commitment to good environmental, 
social and governance (“ESG”) practices in 
several key areas. We recently created a full-
time Director of Corporate Sustainability 
position devoted to ESG matters and have 
expanded our formal ESG committee to include 
employees from multiple facets of operations 
and geographic locations. 
Earlier this year, our Board of Directors continued to act on 
the feedback received from our stakeholders in 2020, with the 
Nominating and Corporate Governance Committee proposing 
to reduce the shareholder vote required to amend our bylaws 
from 80% to a simple majority. This proposal was approved 
during our Annual Meeting of Shareholders on May 27, 2021.
We continue to focus on our employees’ well-being and have 
implemented flexible work arrangements to foster employees’ 
work-life balance, while also maintaining our positive culture and 
delivering strong returns for our shareholders.
We are proud of what we have accomplished so far in our 
ESG journey and are excited about what is to come. One of 
our priorities for the coming year will be implementing a data 
management platform to aid us in better tracking and reporting 
on our energy, water and waste data.
We recognize that the ESG landscape is continually evolving, 
and we are committed to engaging with stakeholders 
to understand expectations and gather feedback while 
working towards continuous improvement in each of these 
important areas.
3
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
About EastGroup
PRIMARY GOAL
Maximize shareholder value by being 
a leading provider in our markets of 
functional, flexible and quality business 
distribution space for location sensitive 
customers (primarily in the 15,000 to 
70,000 square foot range).
STRATEGY FOR GROWTH
Ownership of premier distribution 
facilities generally clustered near major 
transportation features in supply-
constrained submarkets.
EastGroup Properties, Inc. (“EastGroup”, 
“the Company”, “we” or “our”) is a self-
administered equity real estate investment 
trust headquartered in the Jackson, Mississippi 
metropolitan area. We are focused on the 
development, acquisition and operation 
of industrial properties in major Sunbelt 
markets throughout the United States, with 
an emphasis in the states of Florida, Texas, 
Arizona, California and North Carolina. 
EastGroup is publicly traded on the New 
York Stock Exchange (NYSE: EGP) and is a 
component of the S&P MidCap 400 Index. 
OUR PORTFOLIO
50.5 million sq. ft.*
Including development projects and 
value-add acquisitions in lease-up 
and under construction. 
*	
As of September 30, 2021
Miami
Ft. Myers
Houston
Tucson
San Francisco
San Diego
Los Angeles
Fresno
Phoenix
Las Vegas
San Antonio
El Paso
Austin
Denver
New Orleans
Greenville
Charlotte
Jackson
Broward/
Palm 
Beach
Tampa
Orlando
Jacksonville
Atlanta
Dallas/     
Ft. Worth
Properties
Regional  
Offices
Corporate  
Headquarters
4
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
EMPLOYEE  
WELL-BEING
EastGroup’s Healthy, Wealthy, and 
Wise program provides our employees 
with opportunities for continuing 
education, a comprehensive wellness 
program, and an exceptional 401(k) 
plan that allows for both Roth and 
traditional employee contributions 
along with a generous employer 
match (50% of employee deferrals 
up to 10%) and discretionary 
profit-sharing contribution.
Our Priorities
CUSTOMER FOCUS
At EastGroup, we align our 
interests with our customers 
so that the relationship is 
mutually beneficial. Our ability to 
accommodate customer growth  
in in-fill locations is directly 
reflected in our high customer 
retention rate. 
As of September 30, 2021 
our portfolio was 98.8% leased.
GOVERNANCE
Board oversight of risk management 
and ESG is integral to the success and 
sustainability of our Company. The 
Board and management discuss risk 
management and ESG on a regular basis.
EastGroup operates on the premise that good 
corporate governance is fundamental to our 
business and is core to our values. The honesty 
and integrity of the Company’s management and 
Board of Directors are critical assets in maintaining 
the trust of our investors, employees, customers, 
vendors and the communities in which we operate. 
We strongly believe in promoting diversity as well 
as providing an inclusive environment for our 
employees, and in 2020 implemented a formal, 
certificate-based learning program for all employees, 
which continued throughout 2021.
EastGroup is recognized in the 
marketplace for its unique culture—
one that is family-oriented, 
employee-focused and promotes 
an entrepreneurial spirit. Our do-
the-right-thing approach—one that 
relies on accountability, respect and 
trust—has been the foundation of 
our success.
5
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Enterprise Risk Management
Enterprise Risk Management (“ERM”) 
and Ethics are of utmost importance to 
EastGroup. ERM is reviewed and discussed by 
management on an ongoing basis. On at least 
an annual basis, management and the Board 
of Directors conduct a fulsome discussion 
of ERM, including evaluating the results of 
employee or Board risk surveys. Risks around 
liquidity and debt; leasing and occupancy; 
business transactions including development, 
acquisitions and sales of properties; climate 
change and the markets in which we operate; 
environmental and legal matters; compliance, 
governance and regulatory matters; human 
capital management; cybersecurity and general 
business risks are identified and evaluated. 
EastGroup has rigorous due diligence 
processes in place to identify and assess 
any financial or physical risks for investment 
opportunities as well as stringent policies and 
procedures surrounding vendor and tenant 
insurance requirements.
The Code of Ethics and Business Conduct (the 
“Code of Ethics”) provides guidance to the 
Company’s directors, officers, and employees 
on how to properly conduct business in an 
ethical manner while upholding the values of 
the Company. There have been no material 
liabilities or firings as a result of violations of 
the Code of Ethics. 
The Company believes that its leadership 
structure allows the Board to provide effective 
oversight of the Company’s risk management 
function by receiving and discussing regular 
reports prepared by the Company’s senior 
management on areas of material risk to 
the Company. The Board administers its risk 
oversight function through (i) the required 
approval by the Board (or a committee thereof) 
for significant transactions and other decisions, 
(ii) the coordination of the direct oversight of 
specific areas of the Company’s business by 
the Compensation, Audit, and Nominating and 
Corporate Governance Committees, and (iii) 
periodic reports from the Company’s auditors 
and other outside consultants regarding 
various areas of potential risk.
Cybersecurity
EastGroup strives to provide a secure network 
environment for our customers, partners, 
employees, and data. While no system is 
EastGroup has rigorous 
due diligence processes 
in place to identify and 
assess any financial or 
physical risks for 
investment opportunities 
as well as stringent 
policies and procedures 
surrounding vendor and 
tenant insurance 
requirements.
100%
of EastGroup employees 
completed cybersecurity 
training in 2021.
completely without risk from threat actors, we 
have implemented a multi-layered approach to 
cybersecurity that is constantly evolving and 
expanding. This multi-layered strategy for keeping 
our data safe helped us have a smooth and 
secure transition to remote working during the 
global pandemic. 
We have long-term partnerships with well-
respected, top-tier companies, that monitor our 
environment 24/7/365. These services include 
firewall monitoring and management, endpoint 
protection, intrusion detection monitoring and 
remediation, just to name a few. We also utilize a 
cyber consulting firm that performs semi-annual 
internal/external network penetration testing and 
vulnerability assessments. The consultants also 
perform social engineering and phishing exercises 
with our employees.
EastGroup enforces multi-factor authentication 
requirements for all employees. In addition, we require 
all employees to attend annual online cybersecurity 
training to help maintain focus on safe online usage 
habits. EastGroup also maintains cyber liability 
insurance, separate from our other policies.
6
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Our strategy is to increase stakeholder value by providing 
business distribution space for location-sensitive customers. 
The growth in EastGroup’s total market capitalization from 
$2.0 billion in 2011 to $8.1 billion as of September 30, 2021, is 
a testament to the strength and sustainability of the Company.
We have a strong and experienced senior management team 
with a cycle-proven track record. Our October 2021 dividend 
of $0.90 per share was the 167th consecutive quarterly cash 
distribution to shareholders and represented a 13.9% increase 
over the previous quarterly dividend rate. We have now 
increased or maintained our dividend for 29 consecutive years 
and raised it 26 years (including the last 10) over that period.
We believe that we will continue this positive momentum 
through future years, providing premier properties on infill sites 
around major transportation features — our goal is to continue 
creating value for our stakeholders while reducing emissions and 
supporting efficiency in the supply chain.
Sustainable Performance
TOTAL MARKET CAPITALIZATION AS OF SEPTEMBER 30, 2021
$8.1 billion
OCTOBER 2021 QUARTERLY DIVIDEND
TOTAL SHAREHOLDER RETURN
$0.90 per share
EastGroup
FTSE Nareit Equity REITs
S&P 500
>$50,000
~$42,000
~$25,000
$10,000
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
$0.90
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
$8.1 billion
[Comparison of 10-year cumulative TSR among EastGroup, FTSE 
Nareit Equity REITs and S&P 500 Index]
7
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Environmental Stewardship
Sustainability-linked 
Metric in Credit 
Facilities
In June of this year, the Company amended and 
restated its unsecured revolving credit facility and 
unsecured working cash credit facility. The new 
credit facilities provide for an incremental reduction 
in borrowing costs if a certain sustainability-linked 
metric, measured annually, is achieved. This metric 
is based on the number of newly-constructed 
buildings with qualifying electric vehicle charging 
stations as a percentage of total qualifying buildings 
for each fiscal year and allows for the reduction of 
the applicable interest margin by one basis point 
should these targets be met.
We strive for efficiency in operating our 
properties with innovative solutions that 
lower operational costs and reduce our 
environmental footprint. The Company’s 
continued commitment to sustainable 
best practices creates long-term value for 
the environment, the Company, and our 
shareholders. 
Sustainability Features in some of our Properties
Locally Sourced Materials 
Locally Sourced Trash 
Disposal
Recycled Materials 
Wildlife Mitigation 
Irrigation With Smart Sensors 
Water Efficient Plumbing Fixtures
Xeriscapes and Drip Irrigation Systems In Drought-
prone Markets
Reclaim Water For Irrigation Where Applicable
White Reflective Roofing
Rooftop Solar Panels
Interior Windows For 
Natural Light
Low-E Insulated Glass 
Electric Vehicle Charging Stations 
Access To Public Transportation 
Bike Storage 
Preferred Parking Spaces For Green Vehicles
Skylights 
LED Lighting 
Motion Sensor Lighting
ENERGY STAR Rated Heating 
And Cooling Units
Fans In Warehouse 
8
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Our Gateway Commerce 
Park property recently 
received the Building 
Owners and Managers 
Association (“BOMA”) Miami-
Dade The Outstanding 
Building of the Year (“TOBY”) 
Award in the industrial office 
park category. Buildings in 
the competition were judged 
based on all facets of 
business operations, 
including community 
involvement, tenant relations, 
site management and 
environmental and “green” 
policies and procedures.
Construction Standards
Through the Company’s continued efforts, we have obtained 25 Leadership 
in Energy and Environmental Design (“LEED”) certifications, including 
one LEED Silver Certification, and various ENERGY STAR certifications, 
reflecting the Company’s commitment to pursue environmentally conscious 
performance and standards. We have initiated several energy efficiency 
and sustainability initiatives such as installation of skylights, motion sensor 
lighting, smart technology irrigation controllers with water flow sensors, 
and electric car charging stations. 100% of our new developments 
incorporate LED lighting and we routinely complete building retrofits as 
opportunities arise. In 2019, we worked with one of our tenants to provide 
an allowance of up to $500,000 for the installation of solar panels on 
one of our Phoenix properties and a second solar installation is planned 
for our development property in San Diego. The Company’s continued 
commitment to sustainability best practices creates long-term value for the 
environment, the Company and shareholders. 
EastGroup’s properties are subjected to Phase I Environmental Site 
Assessments (“ESAs”) by independent environmental consultants. 
EastGroup management is not aware of any environmental liability that 
would have a material adverse effect on the Company’s business, assets, 
financial position, or results of operations. 
While formal certification is not 
always pursued, all of the Company’s 
development properties are built 
to LEED certification standards. 
Development Program
Recycling of capital through asset sales and the redeployment of the 
proceeds in acquisitions and development has historically been an integral 
part of our strategy. The process allows us to continually upgrade the 
quality, location, and growth potential of our assets. 
Acquiring core quality industrial properties is an incredibly challenging, 
competitive exercise. This environment continues to push us more towards 
development and value-add opportunities, which places emphasis on 
our environmentally friendly construction standards. EastGroup has not 
experienced any material supply chain issues or environmental issues.
48%
of the portfolio 
developed by EastGroup
Gateway Commerce Park - 
Miami, Florida
9
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Human Capital Management
At EastGroup, we believe our culture 
supports our employees and creates 
a positive, professional environment 
that encourages longevity for our 
team members. 
The average tenure of our workforce is:
	> Robust 401(k) matching 
program — EastGroup matches 
50% of employee deferrals up 
to 10% of cash compensation in 
addition to an annual discretionary 
profit-sharing contribution (up to 
the IRS maximum allowable limits).
	> Employer-paid health insurance 
for all full-time employees
	> Annual athletic club or equipment 
reimbursement
	> Annual health & wellness checkups
	> Tobacco cessation program
	> On-site flu vaccinations
	> Healthy & safe workplace
	> Generous time off policies
	> Flexible work schedules
	> Paid time off for volunteering
	> Tuition reimbursement
	> Professional development and 
continuing education
Commitment to Our Employees
Workforce
10 years
Officers
13 years
Employee Benefits
As exhibited through our exceptional employee benefits program, EastGroup 
is focused on the overall well-being of our employees. Some benefits we 
offer include:
EastGroup’s additional 
discretionary profit-
sharing contribution has 
ranged from an 
additional 4.7% - 6.0% 
of cash compensation 
in each of the last five 
years, irrespective of 
employee contributions, 
bringing the total 
maximum employer 
contribution to 
9.7% - 11.0%.
10
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
COVID-19 UPDATE
During 2021, we continued to promote the health and safety 
of our EastGroup families and communities. As local conditions 
allowed, our employees were asked to work in the office for 
three days during the week, with the option to continue to 
work remotely for the remaining two days. This hybrid model 
allowed for much of the flexibility that our employees had 
grown accustomed to during the remote environment, while 
also providing opportunities for smaller in-person meetings 
and impromptu collaboration. These guidelines were updated 
as needed throughout the year, and while our offices remained 
open to those who wished to work on site, we paid close 
attention to state and local vaccination rates and COVID-19 
case counts in determining certain periods of time during which 
100% remote working was encouraged. 
As demonstrated in 2020, our employees continued to 
shift between remote and in-person working arrangements 
seamlessly throughout the year. All employees already had or 
were issued the technology needed to perform their duties 
remotely and virtual meetings continue to be conducted on 
a regular basis for teams within our organization. Regularly 
scheduled calls are conducted with our executive officers, 
strategic planning committee, asset managers, and accounting 
teams. We also conduct town-hall meetings with all employees. 
Our Board of Directors increased communication and shifted 
to virtual meeting formats, beginning with the March 5, 2020 
meeting. This has continued throughout 2021. 
EMPLOYEE SATISFACTION
Based on our latest employee survey 
results (2020), 97% of respondents are 
proud to work for EastGroup.
EASTGROUP QUARTER 
POUNDER
During the third quarter, we held a fitness 
challenge in which employees competed 
to log the most workout minutes. All 
workouts were tracked using the same 
fitness app (reimbursed by the Company) 
so that employees could participate in a 
variety of fitness classes and share our 
favorites along the way. 
FORKLIFT FIELDTRIPS
We are committed to the education and 
development of our team. In 2019, we 
implemented Forklift Fieldtrips, a peer 
mentoring program for our operational 
team. Asset and property managers are 
paired with peers in different regions to 
foster relationships among peers, share best 
practices across markets, build employee 
engagement, and invest in the professional 
development of our team members.
11
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Diversity and Inclusion
Gender Diversity
We believe in the importance of diversity 
and inclusion in our company and 
our communities. We do not tolerate 
discrimination in our company. In fact, 
we promote inclusion and believe our 
positive culture is a testament to our 
team and our belief that each team 
member makes us stronger. 
During 2020, we implemented a formal certificate-
based learning program for all employees, which we 
continued in 2021. 
We are committed to providing a diverse and 
inclusive workforce that encourages collaboration 
and teamwork. With 83 full-time employees, each 
member of our team plays a vital role in the success 
of the company. We seek to develop leaders 
and promote from within the organization when 
opportunities arise.
Our current workforce is comprised of employees 
with a variety of racial and ethnic backgrounds. 
17% of our team members identify as racial or ethnic 
minorities. We value each of our team members and 
strive to continue creating a more diverse workforce.
We value each of our 
team members and 
strive to continue 
creating a more diverse 
workforce. 
During 2021, our CEO joined 
CEO Action for Diversity and 
Inclusion, pledging to:
	> Continue to make our 
workplace a trusting 
place to have complex, 
and sometimes difficult 
conversations about 
diversity and inclusion
	> Implement and expand 
unconscious bias education 
	> Share best – and 
unsuccessful practices with 
other signatories
	> Create and share strategic 
inclusion and diversity plans 
with our Board of Directors 
EMPLOYEES
  75% women
TOTAL MANAGEMENT
  42% women
VP/EXECUTIVES
  21% women
MIDDLE MANAGEMENT
  71% women
100%
of internal promotions 
in 2021 to date 
were women.
17%
of our team members 
identify as racial or 
ethnic minorities.
OFFICERS
 
  40% women
NEW HIRES
 
  85% women
12
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Commitment to  
our Communities
EastGroup prioritizes social responsibility and participation 
in various charitable service organizations in the Company’s 
business communities. Donations are given to organizations 
in which employees are directly involved, including Goodwill 
Industries, Make-A-Wish, the American Heart Association, 
Alzheimer’s Association, Friends of Children’s Hospital, the 
Mississippi Symphony Orchestra, and the Mississippi Children’s 
Museum. During 2021, EastGroup management partnered with 
Denver University, Tulane University, the University of Mississippi 
and the University of Alabama to educate students on REIT 
investing and EastGroup. Additionally, several of our officers 
volunteer their time serving on the boards of non-profits such as 
First Tee - Central Mississippi, Epilepsy Foundation of Mississippi 
and Make-A-Wish Mississippi.
Employees are granted 16 hours of paid time off each year to 
volunteer in their communities. Also, the Company provides a 
matching donation for employees’ eligible charitable contributions. 
The Company donated approximately $58,000 to charitable 
organizations during the nine months ended September 30, 2021.
SANDERSON FARMS 
CHAMPIONSHIP
EastGroup is a sponsor of the 
Sanderson Farms Championship in 
Jackson, Mississippi, which primarily 
benefits Children’s of Mississippi, 
the state’s only children’s hospital. 
  
Employees in our Orlando office held a blood drive in August at our 
Horizon Commerce Park property.
Donation to charitable 
organizations in 2021
$58,000
13
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Commitment to  
our Customers
EastGroup is committed to providing quality business 
distribution space to location-sensitive customers in the 
Sunbelt markets of the United States. Our properties are 
located in growing metropolitan areas and serve as a vital part 
of the evolving supply chain for goods and services. In addition 
to providing the physical space where our customers conduct 
business, we strive to provide them with a sense of community. 
Many of our properties are located in business parks with 
sidewalks and access to local amenities. Our property and asset 
management teams provide needed services to our customers 
in a positive, professional manner. Our teams enjoy interacting 
with our customers at tenant appreciation events. 
Our South Florida office celebrated Earth Day 2021 with an 
outdoor tenant event where EastGroup employees handed out 
plants, along with reusable straws and bags to employees of 
our properties. 
TENANT SATISFACTION
We regularly seek feedback from 
our customers to learn what we 
are doing well and where we 
can improve. Based on our 2021 
customer survey results, 94% of 
respondents would recommend 
an EastGroup property to 
other companies.
ICE CREAM SOCIAL
This summer, our Jacksonville and 
South Florida teams treated their 
tenants with an Ice Cream Social. 
An ice cream truck stopped at each 
property to hand out free ice cream, 
which was a much appreciated treat 
in the hot summer temperatures!
14
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Our Board has long upheld its mission to foster the long-term 
success of the Company while maintaining the highest regard for 
our fiduciary responsibility to shareholders and employees. The 
Company’s leadership is committed to maintaining the highest 
standards for policies and practices in place company wide. Senior 
leadership understands that the tone set from the top pervades 
throughout the organization. The three Chief Officers have over 
54 years of combined experience with EastGroup and have garnered 
the respect of their peers with their “do what you say you are going to 
do” approach. 
Governance and Leadership
Average Board 
Member Age
Average Board 
Member Tenure
66 years*
13 years**
BOARD MEMBER
GENDER DIVERSITY
2 of 8 Board 
members 
are women
INDEPENDENCE
6 of 8 Board 
members are 
independent
Corporate Governance Program
	> The Audit Committee, Compensation 
Committee, and Nominating and 
Corporate Governance Committee 
are all comprised entirely of 
independent directors
	> During 2020, the Board rotated 
the Chairpersons of the Audit 
Committee, Compensation 
Committee, and Nominating and 
Corporate Governance Committee
	> During 2021, our shareholders 
approved the Nominating 
and Corporate Governance 
Committee’s proposal to reduce 
the shareholder vote required 
to amend bylaws from 80% to a 
simple majority
	> The Audit Committee meets with 
independent and internal auditors 
at least quarterly
	> The Audit Committee conducted 
a formal audit service bid process 
during 2020
	> All Board Members are elected 
annually (non-staggered board)
	> While no formal board 
refreshment mechanism is in place, 
the Board considers tenure as part 
of the annual election process
	> Formal ESG discussions are held 
with the Board and management 
on at least a quarterly basis
	> Interested parties may 
communicate directly with the 
Board through a link on the 
Company’s website
	
% The positions of Chairman and 
CEO are separated
	
% All stock-based incentive 
plans have been approved 
by shareholders
	
% During 2020, the Board eliminated 
director meeting fees by adopting 
a retainer compensation program 
for directors
	
% G&A expense as a percentage of 
revenue is less than 5%
	
% Compensation is strongly tied to 
performance; no employment 
agreements/automatic salary 
increases or guaranteed bonuses
	
% Few perquisites (life insurance)
	
% Clawback policy
	
% Robust stock ownership guidelines 
for Directors and Officers
	
% No collective bargaining 
agreements
	
% No tax gross-ups and generally no 
single-trigger provisions
	
% Full Board oversight of risk 
management
	
% Strong code of ethics and conduct, 
published on the website
	
% Recently instituted a shareholder 
outreach program whereby we 
can better understand shareholder 
voting and concerns
Corporate Governance Highlights
Board Composition and Committee Practices
*	
Down 6% from 70 years in 2020
**	 Down 32% from 19 years in 2020
15
EastGroup Properties ESG Report 2021

A Message to our 
Stakeholders
Environmental 
Stewardship
Enterprise Risk 
Management
About EastGroup
Our Priorities
Human Capital 
Management
Governance & 
Leadership 
Sustainable 
Performance
Code of Ethics and       
Business Conduct
The Company’s Board of Directors adopted a Code of Ethics and 
Business Conduct (the “Code of Ethics”), which governs business 
decisions made and actions taken by our directors, officers, and 
employees. It provides guidance for recognizing potential issues 
encountered in conducting company business and for making 
decisions that conform to our legal and ethical standards. All 
directors, officers, and employees are expected to be familiar with 
the Code of Ethics and adhere to those principles and procedures. 
A copy of this Code of Ethics is available on our website at  
https://eastgroup.net/priorities. We intend to disclose on this 
website any amendment to, or waiver of, any provision of this 
Code of Ethics applicable to our directors and executive officers 
that would otherwise be required to be disclosed under the rules 
of the SEC or the NYSE.
Whistleblower Program
EastGroup expects its employees to carry out their duties and 
responsibilities in an ethical manner and in compliance with 
applicable laws and regulations at all times where EastGroup 
carries on business. EastGroup has a Whistleblower toll-free 
number as well as an email for complaint submissions, so that 
its customers, suppliers, employees, and other stakeholders may 
report, in good faith, details of any instances of illegal and/or 
unethical conduct.
Relevant Policies and 
Practices
	> Code of Ethics and Business 
Conduct*
	> Whistleblower Program*
	> Human Rights Policy*
	> Vendor Code of Conduct*
	> Equal Opportunity & 
Commitment to Diversity*
	> ADA & Reasonable 
Accommodation*
	> Commitment to Safety*
	> Community Service*
	> Family Medical Leave*
	> Standards of Conduct*
	> Workplace Violence 
Prevention*
	> Healthy, Wealthy, Wise 
Benefits Summary*
	> Document Retention Policy
	> Cybersecurity Policy
*	
Links to these policies may be found 
at: https://eastgroup.net/priorities 
Ridgeview -  
San Antonio, Texas
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EastGroup Properties ESG Report 2021

About This Report
This report, published November 22, 2021, speaks as of the date it is published. All information, data, opinions and activities contained in this report are subject to change without notice. The contents of this report were developed based on feedback 
from our internal and external stakeholders and metrics used by corporate responsibility and sustainability rating providers. The metrics and quantitative data contained in this report are not based on generally accepted accounting principles and 
have not been audited. The Company does not assume any responsibility or obligation to update or revise any such information, data, opinions or activities, without regard to whether any of these are affected by the results of new information, future 
events or otherwise. This report does not, and is not intended to, create any relationship, rights or obligations, legal or otherwise, and you should not rely upon this report to do so.
The inclusion of information and data in this report is not an indication that such information or data or the subject matter of such information or data is material to EastGroup Properties, Inc. for purposes of applicable securities laws or otherwise. The 
principles used to determine whether to include information or data in this report do not correspond to the principles of materiality contained in the federal securities laws, the concept of materiality used to determine whether disclosures are required 
to be made in filings with the U.S. Securities and Exchange Commission, or principles applicable to the inclusion of information in financial statements.
Our goals regarding our corporate responsibility and ESG initiatives are aspirations. They are not guarantees or promises that we will meet all or any of our goals. Any statistics and metrics regarding our corporate responsibility and ESG activities are 
estimates and may be based on assumptions or developing standards. 
No part of this report constitutes, or shall be taken to constitute, an offer to sell or the solicitation of an offer to buy any securities of the Company or any other entity. This report is not intended to be relied upon as advice to investors or potential 
investors and does not take into account the investment objectives, tax considerations, or financial situation or needs of any investor. This report and the information contained in this report are not incorporated by reference into and are not a part of 
any offer to sell or solicitation of an offer to buy any securities of the Company pursuant to any offering registered under or any offering exempt from the Securities Act of 1933. All investors should consider such factors in consultation with financial, 
tax and legal advisors of their choosing when deciding if an investment is appropriate.
We welcome your feedback and questions on the contents of this report as well as any of our corporate responsibility initiatives. You can reach a team member at EastGroup by selecting the Investor Relations dropdown at www.eastgroup.net/contact.
Forward Looking Statements
This report contains statements that reflect or are based on our views about our future business achievements and financial performance. These statements are “forward-looking statements” within the meaning of the Private Securities Litigation 
Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as “aim,” “anticipate,” “believe,” “drive,” “estimate,” “expect,” “goal,” “intend,” “may,” “plan,” “project,” “strategy,” “target” and “will” or similar 
statements or variations of such terms and other similar expressions. Forward-looking statements inherently involve risks and uncertainties. For information on certain factors that could cause actual events or results to differ materially from our 
expectations, please see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on 
any such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking 
statements are based on management’s knowledge and reasonable expectations at the time of publication, and we assume no duty to update these statements as of any future date.
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EastGroup Properties ESG Report 2021

400 West Parkway Place, Suite 100 Ridgeland, MS 39157 601.354.3555
For more information, please visit: https://eastgroup.net/priorities