Company: GLPI
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-101728
Chunk: 28

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 28
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urate with the performance of the Company and their own individual contributions. In order to achieve our stated compensation philosophy, our compensation program is guided by the following objectives:

| ● |     | offer a competitive and balanced compensation program to compensate executives for the unique experience required in their roles, taking into consideration the total compensation opportunity offered by our peer companies |

| ● |     | utilize a mix of fixed and performance-based compensation designed to closely align the interests of the management team with those of the Company’s shareholders |

| ● |     | utilize rigorous performance-based metrics aligned with key strategic objectives that support long-term shareholder value |

GLPI’s Annual Executive Compensation Review and Approval Process In developing our 2024 and 2025 executive compensation program, we considered multiple perspectives and reference points to guide the design process and individual pay decisions. The Committee regularly reviews input and data received from its independent compensation consultant, our shareholders, individual performance assessments, and external factors impacting the REIT and casino industries to make informed compensation decisions for our NEOs.

| Gaming and Leisure Properties, Inc. |     | 2025 Proxy Statement | 31 |

| Proxy Summary |     | Corporate Responsibility |     | Board of Directors |     | Executive Compensation |     | Audit Committee Matters |     | Voting Proposals |     | Other Matters |

Shareholder Outreach Our Board and the management team recognize the importance of ongoing engagement with our shareholders to enable us to understand and respond to shareholder concerns. The composition of the Company’s shareholder base has changed dramatically since its spin-offfrom PENN in 2013 from predominately gaming investors to largely REIT and index-oriented institutional investors. In response to our evolving shareholder base and feedback received, the Company has made meaningful changes to its corporate governance structure, compensation programs and corporate responsibility initiatives. Throughout the year, members of the management team engaged in routine and off-cycleinvestor outreach with the corporate governance teams of our top 20 shareholders as well as significant shareholders that either withheld votes or voted against the recommendations of the Board. The Board believes that it is important to understand the reasons why shareholders choose not to support certain of the Board’s recommendations and to discuss the Company’s governance structure and initiatives shareholders would like the Board to consider in the upcoming year. Through these outreach efforts, the Board and the management team gained a valuable understanding of the perspectives and concerns of each investor. The Board and the management team carefully consider shareholder feedback, as well as the results from our most recent shareholder advisory vote on executive compensation, when reviewing our corporate governance and executive compensation