Company: INTG
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001641172-25-003168
Chunk: 19

Company: INTERGROUP CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 19
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 provided by those advisory votes and set three years as the frequency in which it will have a non-binding vote on executive compensation.

At its fiscal 2023 Annual Meeting of Shareholders held on May 20, 2024, the proposal to approve, in a non-binding vote, the compensation of the Company’s named executive officers was approved by the shareholders.

The Board of Directors will continue to focus on responsible executive compensation practices that attract, motivate, and retain high-performance executives, reward those executives for the achievement of long-term performance, and support our other executive compensation objectives.

| 15 |

<div align='center'>COMPENSATION OF DIRECTORS</div>

Non-employee directors receive an annual cash retainer in the amount of $12,000. With the exception of members of the Audit Committee, non-employee directors do not receive any additional fees for attending Board or Committee meetings but are entitled to reimbursement of their reasonable expenses to attend such meetings. Members of the Audit Committee are paid a fee of $1,000 per quarter, with the Chair of that Committee to receive $1,500 per quarter. As an executive officer, the Company’s Chairman has elected to forego his annual board fees. Non-employee directors are also eligible for an annual cash payment of $22,000.

The following table sets forth the compensation paid to directors for the fiscal year ended June 30, 2024:

<div align='center'>DIRECTOR COMPENSATION</div>

| Name             |     | Fees                       
 Earned or Paid in Cash (1) |        |    |     | Stock  
 Awards |   |     | All                
 Other Compensation |   |     | Total |        |
|:-----------------|:----|:---------------------------|-------:|---:|:----|:-------|:--|:----|:-------------------|:--|:----|:------|-------:|
| John C. Love     |     | $                          | 46,000 | -2 |     |        | - |     |                    | - |     | $     | 46,000 |
| William J. Nance |     | $                          | 48,000 | -3 |     |        | - |     |                    | - |     | $     | 48,000 |
| Yvonne L. Murphy |     | $                          | 40,000 |    |     |        | - |     |                    | - |     | $     | 40,