Company: LANDO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001193125-25-059811
Chunk: 21

Company: GLADSTONE LAND Corp
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 21
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 Commercial, and Gladstone Investment. Our Board has determined that this simultaneous service does not impair the respective directors’ ability to effectively serve on our Compensation Committee.

Compensation Committee Interlocks and Insider Participation

During the last completed fiscal year, the Compensation Committee consisted of Messrs. Outland (Chairperson), Adelgren and Wilkinson.
Mr. Parker and Ms. English currently serve as alternate members of the Compensation Committee. Mr. Adelgren resigned from the Board effective December 15, 2024. Ms. Gorka was named as a member of the Compensation Committee
on January 8, 2025. None of the members or alternate members of the Compensation Committee is or has been one of our officers or employees. Further, none of our executive officers has ever served as a member of the compensation committee or as
a director of another entity any of whose executive officers served on our Compensation Committee, and none of our executive officers has ever served as a member of the compensation committee of another entity any of whose executive officers served
on our Board.

The Ethics, Nominating and Corporate Governance Committee (“Ethics Committee”)

The Ethics Committee of the Board is responsible for identifying, reviewing and evaluating candidates to serve as our directors (consistent
with criteria approved by the Board), reviewing and evaluating incumbent directors, recommending to the Board for selection candidates for election to the Board, making recommendations to the Board regarding the membership of the committees of the
Board, assessing the performance of the Board and developing our corporate governance principles. Our Ethics Committee operates pursuant to a written charter, which can be found in the Governance section of the Investors portion of our website at
.

During the last fiscal year ended December 31, 2024, the Ethics Committee was comprised of Messrs.
Adelgren (Chairperson), Outland and Wilkinson and Ms. Gorka. Mr. Parker and Ms. English currently serve as alternate members of the Ethics Committee. Ms. Gorka was appointed to the Ethics Committee when she became a director on
August 22, 2024. Mr. Adelgren resigned from the Board effective December 15, 2024 and Ms. Gorka was named Chairperson of the Ethics Committee as of the same date. Alternate members of the committee serve and participate in
meetings of the committee only in the event of an absence of a regular member of the committee. Our Board has determined that all members and alternate members of the Ethics Committee are independent directors (as currently defined in Rule
560