Company: LXP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001539497-25-001131
Chunk: 6

Company: LXP Industrial Trust
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 6
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�  Audit and Cyber Risk (Chair) 
 ●                  Independent                  |

<div align='center'>>10years 1 3 4 5-10 years <5years non-independent 87.5% independent</div>

| Tenure | Independence |

| Board Tenure |

| 5 |

| LXP                     
 Proxy Statement Summary |

| 3                
 New Trustees     
 Added since 2021 | 9 years        
 Average Tenure 
 All Nominee    | 6 years        
 Average Tenure 
 Independent    
 Nominees       |

<div align='center'>Governance Highlights</div>

| Corporate Governance Snapshot |

| Corporate Governance Best Practices  |                                                                                                                                                        |
| Proxy Access                         | Bylaws provide for proxy access                                                                                                                        |
| Trustee Refreshment                  | Retirement policy to facilitate trustee refreshment where all trustees attaining the age of 75 are required to submit a resignation on an annual basis |
| Shareholder Accountability           | Annual trustee elections                                                                                                                               
 Majority vote standard for trustee elections                                                                                                           
 Annual ‘say-on-pay’ vote                                                                                                                               
 Regular shareholder engagement                                                                                                                         |
| Shareholder Rights                   | One class of capital stock, which is entitled to one vote per share                                                                                    
 Shareholder right to call a special meeting                                                                                                            
 Ability for shareholders to act by written or electronic consent                                                                                       |
| Self- Assessment                     | Annual Board of Trustees and Committee self-assessment under the direction of the Nominating and ESG Committee                                         |
| Alignment with Shareholder Interests | All trustees and executive officers own company stock and are subject                                                                                  
 to share ownership requirements and executive officers are subject to retention policy                                                                 
 Anti-pledging and anti-hedging policies                                                                                                                |
| Independent Lead Trustee             | Independent Lead Trustee with robust set of responsibilities                                                                                           |
| Limits on Trustee Commitments        | Trustees cannot serve on more than three other public company boards                                                                                   |
| Management Succession Planning       | Annual review of management succession plan by the Nominating and ESG Committee and the Board                                                          |

<div align='center'>Independent External Auditor Internal Audit Function Audit & Cyber Risk Committee Board of Trustees Nominating & ESG Committee Executive Leadership Compensation Committee Independent Consultant</div>

| 6 |

| LXP                     
 Proxy Statement Summary |

<div align='center'>Compensation Tied to Performance and