Company: GLPI
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-101728
Chunk: 29

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 29
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 programs. At the Company’s 2024 Annual Meeting of Shareholders, the majority of our shareholders (95% of shares voted) supported our shareholder advisory vote on executive compensation. Consistent Support for our Say-on-Pay Proposal Role of the Compensation Committee The Committee annually reviews and approves the executive compensation packages for our CEO and each of the other executive officers as well as confirms and approves performance-based awards earned for the most recently completed three-year performance period. In establishing compensation packages, the Committee considers numerous factors and data, including:

| ● |     | the experience necessary to identify and solve the significant tax, accounting, legal and regulatory complexities inherent in the types of transactions pursued by the Company |

| ● |     | current best practices and market trends related to compensation structure |

| ● |     | the compensation packages, structure and performance goals of our REIT peers, supplemented with gaming companies with whom we compete for talent and assets |

| ● |     | the dividend payout for the previous fiscal year and projected dividends for the current year |

| ● |     | the ability to negotiate definitive acquisition agreements for properties that will be accretive to the Company |

| ● |     | the Company’s performance relative to its REIT peers |

| ● |     | the ability to satisfy state gaming licensing requirements |

| 32 | 2025 Proxy Statement |     | Gaming and Leisure Properties, Inc. |

| Proxy Summary |     | Corporate Responsibility |     | Board of Directors |     | Executive Compensation |     | Audit Committee Matters |     | Voting Proposals |     | Other Matters |

| ● |     | the individual performance of the executives and their total compensation relative to executive peers |

| ● |     | a breakdown of the various components of each executive officer’s compensation package |

| ● |     | perquisites and other benefits, if any, offered to each executive |

| ● |     | the performance of previous performance-based equity incentive awards |

The Committee reviews this information with its independent compensation consultant and certain executives to revise or confirm the compensation packages for each executive officer. One of our goals is to ensure that base salaries and total compensation packages are appropriate to attract and retain executives with the gaming and real estate experience necessary to create long-term shareholder value and protect the interests of our stakeholders. We will also alter performance measures and/or the mix of cash and long-term equity incentive awards as necessary to ensure that management incentives continue to be aligned with shareholders. Role of Management The Company’s CEO works closely with the Committee to analyze relevant peer data