Company: GTY
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001140361-25-008521
Chunk: 47

Company: GETTY REALTY CORP /MD/
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 47
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 its general approach to executive compensation for decisions made to date. The Compensation Committee will continue to consider the results from this year’s and future advisory stockholder votes regarding the executive compensation program.

| GETTY REALTY2025 Proxy Statement |     | 41 |

TABLE OF CONTENTS

Executive Compensation ( continued ) Total compensation determinations by the Compensation Committee for each NEO are influenced in part by the particular responsibilities of the applicable executive position with additional consideration given to such NEO’s individual performance. Our CEO reviews the performance of each NEO (other than himself) and provides compensation recommendations to the Compensation Committee with respect to base salary amounts, cash bonuses and grants of equity-based awards under the 2004 Plan, consisting of RSUs (including dividend equivalents with respect to such RSUs). The Compensation Committee reviews and deliberates upon the CEO’s recommendations, evaluates the CEO’s and each of the NEO’s individual performances, and establishes the compensation for each NEO. The CEO does not play any role in the Compensation Committee’s deliberation on matters impacting his own compensation. Although the Compensation Committee takes the CEO’s recommendations under advisement, it independently evaluates the compensation recommendations for each NEO and in all instances exercises its discretion in making final compensation decisions in accordance with its authority and formal responsibilities set forth in the Charter of the Compensation Committee. The Compensation Committee has direct knowledge of the performance of each of the NEOs through regular and special reports provided by these executives to the Board of Directors and Board Committees and through other interactions with these executives related to the Company’s operations and performance. In reaching the executive compensation decisions described below, the Compensation Committee recognized the individual contributions that each of Messrs. Constant, Olear, Dickman, and Dicker made towards the Company’s operational and financial achievements highlighted above, while also recognizing each of their individual efforts, including the following notable accomplishments for each NEO:

| NEO                                                                                                                                                                                                                                                               |     | 2024 Individual Performance Highlights                                                                                                                                                                                                                                           |
| Mr. Christopher J. Constant                                                                                                                                                                                                                                       
 President and Chief Executive Officer                                                                                                                                                                                                                             |     | ■Led diversification across our target convenience and automotive sectors, which resulted in the Company’s $209.0 million of investments being spread across the convenience store, express tunnel car wash, automotive service and drive thru quick service restaurant sectors; |
| ■Achieved increased value for stockholders by growing the Company’s AFFO per share by approximately 4.0%;                                                                                                                                                         |     |                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                   |     | ■Delivered on increased returns to stockholders by