Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 9

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 9
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 the composition of each Board committee as follows, effective upon the directors’ re-election at the Meeting:

• Audit Committee: Mary E. McCormick (Chairperson), H. Eric Bolton, Jr., and Katherine M. Sandstrom

• Compensation Committee: H. Eric Bolton, Jr. (Chairperson), D. Pike Aloian, Donald F. Colleran, and David M. Fields

• Nominating and Corporate Governance Committee: Katherine M. Sandstrom (Chairperson), Donald F. Colleran, and David M. Fields

• Investment Committee: Marshall A. Loeb (Chairperson), D. Pike Aloian, H. Eric Bolton, Jr., and Mary E. McCormick

#### Board Oversight and Engagement
The Board’s role is to maximize long-term shareholder value. In order to maximize long-term shareholder value, the directors’ primary functions are:

| STRATEGIC OVERSIGHT                                                                                                         |     | RISK OVERSIGHT                                                                                              |     | SUCCESSION PLANNING                                           |
| •Review management’s business strategies to evaluate their efficacy                                                         
 •Seek to ensure that the Company’s compensation strategy for key executives                                                 
 i.is effective in attracting and retaining key executives;                                                                  
 ii.links pay to performance based on goals that are aligned with the long-term interests of the Company’s shareholders; and 
 iii.is administered fairly and in the shareholders’ interests                                                               |     | •Review, and where appropriate, approve and evaluate financial and internal controls                        
 •Seek to ensure that the Company’s business is conducted in conformity with applicable laws and regulations 
 •Review with management and monitor the material risks related to the Company’s business                    |     | •Select the Chief Executive Officer and other senior officers 
 •Develop and periodically review a management succession plan |

#### Risk Oversight
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, including market conditions; tenant concentrations and credit worthiness; leasing activity and expirations; compliance with debt covenants; management of our balance sheet and debt maturities; access to debt and equity capital markets; existing and potential legal claims against the Company; cybersecurity, including cyber-attacks and ransomware; corporate responsibility initiatives; enterprise risk management; and various other matters relating to the Company’s business.

#### 2025Proxy Statement27

#### Proposal 1: Election of Directors
| BOARD