Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 50

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 50
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 Officer, President and Director.

(3) The dollar amounts reported represent the Compensation Actually Paid for our PEO and the average Compensation Actually Paid for our other Named Executive Officers, as computed in accordance with SEC rules, but do not reflect the actual amount of compensation received by our PEO or other Named

#### 66EastGroup Properties
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation

Executive Officers during the applicable year. Fair value or change in fair value, as applicable, of equity awards in the Compensation Actually Paid columns was determined by reference to (a) for restricted share awards (excluding performance-based stock awards), the closing price on applicable year-end date(s) or, in the case of vesting dates, the actual vesting price, (b) for performance-based stock awards that are not market based, the same valuation methodology as restricted share awards above except year-end values are multiplied by the probability of achievement as of each such date, and (c) for market-based performance-based stock awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end dates. For the portion of Compensation Actually Paid that is based on year-end stock prices, the following prices were used: $160.49, $183.54, $148.06, $227.85, $138.06, and $132.67 for years ended 2024, 2023, 2022, 2021, 2020, and 2019, respectively. Compensation Actually Paid reflects the following adjustments from total compensation reported in the Summary Compensation Table:

|                                                                                                        |     |            | PEO ($) |     |            | Average Other 
 Named         
 Executive     
 Officers ($)  |
| Total Reported in 2024 Summary Compensation Table (“SCT”)                                              |     |  7,123,038 |         |     |  2,191,323 |               |
| Less, Value of Stock Awards Reported in SCT                                                            |     | -4,220,955 |         |     | -1,074,210 |               |
| Plus, Year-End Value of Awards Granted in Fiscal Year that are Outstanding and Unvested                |     |  3,509,838 |         |     |    901,846 |               |
| Plus (or Minus), Change in Fair Value of Prior Year Awards that are Outstanding and Unvested           |     | -3,335,259 |         |     |   -828,565 |