Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 21

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 21
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 and wealth management. |

#### 38EastGroup Properties
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation

### Compensation Discussion and Analysis
This Compensation Discussion and Analysis (“CD&A”) reports on the Company’s performance in 2024, the executive compensation earned in light of that performance, and the performance metrics and other relevant factors the Compensation Committee used in making its compensation decisions with respect to our Chief Executive Officer and President, Chief Financial Officer and the three other most highly compensated executive officers who were serving as executive officers on December 31, 2024 (collectively, the “Named Executive Officers”).

#### Executive Summary

#### Named Executive Officers
Our Named Executive Officers for the fiscal year ended December 31, 2024 are:

| MARSHALL A. LOEB                                
 Chief Executive Officer, President and Director |     | BRENT W. WOOD                                                   
 Executive Vice President, Chief Financial Officer and Treasurer |     | JOHN F. COLEMAN          
 Executive Vice President |     | R. REID DUNBAR           
 Executive Vice President |     | RYAN M. COLLINS          
 Executive Vice President |

#### 2024 Performance Highlights
The Company’s performance from both an operational and capital standpoint during 2024 is highlighted below.

| OCCUPANCY                                                                                                                                                                                                                   |     | LEASING                                                                                   |     | ACQUISITIONS AND DISPOSITIONS                                                                                      |
| 96.1%                                                                                                                                                                                                                       
 occupancy at the end of 2024                                                                                                                                                                                                
 96.7%                                                                                                                                                                                                                       
 same property average occupancy for 2024                                                                                                                                                                                    
 7.2%                                                                                                                                                                                                                        
 of total annualized base rent represented by our top 10 customers at December 31, 2024                                                                                                                                      |     | 9.4million                                                                                
 square feet of leases signed in 2024                                                      
 53.0%                                                                                     
 increase in rental rates on new and renewal leases in 2024                                
 85.7%                                                                                     
 of expiring square feet renewed or re-leased within the quarter of expiration during 2024 |     | $403.8million                                                                                                      
 in acquisitions during 2024                                                                                        
 Operating PropertiesAcquired                                                                                       
 2,474,000square feet                                                                                               
 LandAcquired                                                                                                       
 61.1acres                                                                                                          
 $9.1million                                                                                                        
 realized gains for selling 159,000 square feet of operating properties and 5.4 acres of land (not included in FFO) |
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