Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 44

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 44
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 compensation for 2024.

(3) Represents 1x average annual compensation for 2024.

(4) Represents 90 days of continuation of base salary.

#### 2025Proxy Statement63
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation

(5) Represents payment of premiums for life insurance coverage and health plan coverage for 24 months. The value of the payments in this column are based on an estimate of the Company’s cost to provide such benefits to an executive officer equal to $30,000 per year.

(6) Represents the acceleration of all service-based stock awards, including performance-based awards that were previously earned but remain subject to service-based vesting at the date of termination, based on our closing stock price of $160.49 per share as of December 31, 2024, the last trading day of the year, plus accrued dividends.

(7) Represents the acceleration of all service-based stock awards, including performance-based awards that were previously earned but remain subject to service-based vesting at the date of termination, and all performance-based stock awards, assuming that performance criteria are deemed to be achieved at the target level, based on our closing stock price of $160.49 per share as of December 31, 2024, the last trading day of the year, plus accrued dividends.

(8) Represents the acceleration of all service-based stock awards, including performance-based awards that were previously earned but remain subject to service-based vesting at the date of termination, and all performance-based stock awards, pro-rated for the portion of the performance period that the executive was employed and assuming that performance criteria are deemed to be achieved at the target level, based on our closing stock price of $160.49 per share as of December 31, 2024, the last trading day of the year, plus accrued dividends.

(9) Represents 1.5x average annual compensation for 2024.

(10) Represents 2.5x average annual compensation for 2024.

(11) Represents payment of premiums for life insurance coverage and health plan coverage for 18 months. The value of the payments in this column are based on an estimate of the Company’s cost to provide such benefits to an executive officer equal to $30,000 per year.

(12) Represents, for employees who meet the age and service requirements under the Company’s Retirement Policy, which is described in further detail below, the full acceleration of all service-based stock awards, including performance-based awards that were