Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 31

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 31
---
’s quarterly Supplemental Information for the period ended December 31, 2024, which can be found on the Investor Relations page of the Company’s website at www.eastgroup.net . Interest and Fixed Charge Coverage ratio is calculated as EBITDAre divided by the sum of interest expense plus principal amortization.

#### 2025Proxy Statement51
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation

#### 2024 AIP Payouts
Based on the Compensation Committee’s analysis of all the foregoing criteria, the Compensation Committee determined that our actual performance resulted in a weighted average of 133% of the target level for Company performance goals (88.7% of maximum) and between target and maximum for the individual performance goals (varies by Named Executive Officer, as shown in the table below). The table below summarizes the overall AIP payouts, which were based on the corporate and individual performance goals and weightings for each Named Executive Officer.

| Named Executive Officer |     |     | % of Target       
 Earned: Company   
 Performance Goals 
 (%)               | % of Target        
 Earned: Individual 
 Performance        
 Goals(1)           
 (%)                |     |     |     | % of Target   
 Earned: Total 
 Award         
 (%)           |     |           | Annual Incentive 
 Cash Awards      
 Earned           
 ($)              |     |       | Annual Incentive 
 Equity Awards    
 Earned           
 (

# shares)       |
| Marshall A. Loeb        |     | 133 |                   |                    | 127 |     | 132 |               |     | 1,626,900 |                  |     | 8,864 |                  |
| Brent W. Wood           |     | 133 |                   |                    | 129 |     | 132 |               |     |   693,000 |                  |     | 3,776 |                  |
| John F. Coleman         |     | 133 |                   |                    | 125 |     | 131 |               |     |   472,255 |                  |     | 2,573 |                  |
| R. Reid Dunbar          |     | 133 |                   |                    | 127 |     | 131 |               |     |   449,330 |                  |     | 2,448 |                  |
| Ryan M. Collins         |     | 133 |                   |                    | 101 |     | 123 |               |     |   363,