Company: FRT-PC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066328
Chunk: 18

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 18
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 their position, importance to achieving our corporate objectives, retention risk, ability to replace the role, previously issued equity awards and tenure with the company. The Compensation Committee then reviewed the annual NAREIT compensation survey that gathers data from more than 100 REITs for the market compensation information for our NEOs. In addition, market data was reviewed for a comparable set of REITs for our Chief Financial Officer’s compensation. Applying their individual judgments to our NEOs after consulting the NAREIT survey and reviewing the specific market data for the Chief Financial Officer position, the Compensation Committee established the following target compensation for our NEOs in 2024.

| Federal Realty  2025 Proxy Statement 22 |

|                 |     | Base Pay |           |     | Target Annual Bonus 
 % of Base           |     |   |     | Amount |           |     | Target Long- Term Incentive |           |     | Total 2024 Target |           |
|:----------------|:----|:---------|----------:|:----|:--------------------|----:|:--|:----|:-------|----------:|:----|:----------------------------|----------:|:----|:------------------|----------:|
| Mr. Wood        |     | $        | 1,000,000 |     |                     | 150 | % |     | $      | 1,500,000 |     | $                           | 6,000,000 |     | $                 | 8,500,000 |
| Mr. Guglielmone |     | $        |   575,000 |     |                     | 100 | % |     | $      |   575,000 |     | $                           | 1,500,000 |     | $                 | 2,650,000 |
| Ms. Becker      |     | $        |   575,000 |     |                     | 100 | % |     | $      |   575,000 |     | $                           | 1,000,000 |     | $                 | 2,150,000 |
| Mr. Berkes      |     | $        |   650,000 |     |                     | 125 | % |     | $      |   812,500 |     | $                           | 1,000,000 |     | $                 | 2,462,500 |

These target pay packages are heavily weighted to components that are