Company: FRT-PC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066328
Chunk: 1

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 1
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 Non-GAAP Financial Measures                |     | A-1 |

Company Information Following is basic information about the Company and summary highlights of information contained elsewhere in the proxy statement. This summary does not contain all of the information that you should consider, and you should read the entire proxy statement carefully before voting. References to “we,” “us,” “our,” “Federal” and the “Company” in this proxy statement refer to Federal Realty Investment Trust and its subsidiaries. Federal Realty Investment Trust is an S&P 500 company headquartered in North Bethesda, Maryland that owns, operates and redevelops high-quality retail based real estate located primarily in major coastal markets.

| Company Information                       |     | Our Properties*                                                       |     | Our Employees*                                                            |
| Established in 1962 Member of the S&P 500 |     | 102 Properties ≈27.0M SF of commercial space ≈3,100 residential units |     | 310 full-time employees 6 primary offices Average tenure nearly 9.5 years |

* Information as of December 31, 2024.

| ➣ | HIGHLIGHTS OF 2024 COMPANY PERFORMANCE |

Key business and financial achievements for 2024, in addition to net income per diluted share of $3.42 included:

| FFO Per Share Growth            |     | FFO per diluted share** of $6.77 representing growth of 3.4% over 2023 driven by record levels of total revenue, positive impacts from capital investment, and overall continued strength in the broader retail real estate market |
| Strong Leasing Activity         |     | Signed new and renewal comparable space leases covering a record of nearly 2.4 million square feet of space and approximately $85.6 million of year 1 revenue                                                                      |
| Productive Capital Investments  |     | Investments in existing assets such as Pike & Rose and Huntington Shopping Center and new acquisitions such as Virginia Gateway producing significant year over year growth                                                        |
| 57th Year of Dividend Increases |     | Raised the dividend on our common shares for the 57th consecutive year, a record in the REIT industry, representing a compound annual growth rate of 7% over that 57-year period                                                   |
| Sustainability                  |     | Achieved ≈ 32% decrease in Scope 1 and 2 GHG emissions through 2023 versus 2019 baseline in alignment with our 2030 GHG reduction target set in accordance with the Science-Based Target initiative                                |

** FFO per diluted share