Company: FRT-PC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066328
Chunk: 4

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 4
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 Highlights of our corporate governance practices include:

| ✓ |     | Annual election of Trustees and annual Board and Trustee evaluations   |     | ✓ |     | Independent non-executive chairman since 2003       |     | ✓ |     | Board oversight of sustainability, cyber security, data protection and human resources |
| ✓ |     | Prohibition on Trustees serving on excessive numbers of other boards   |     | ✓ |     | Majority voting in uncontested elections            |     | ✓ |     | Proxy access for all shareholders                                                      |
| ✓ |     | Prohibition on Trustees and management hedging and pledging our shares |     | ✓ |     | Shareholder approval required to classify our Board |     | ✓ |     | Robust share ownership guidelines in place for Trustees and senior management          |

| Ø | BOARD LEADERSHIP |

Our Board has been led by an independent, Non-ExecutiveChairman for more than 20 years. Mr. Faeder has filled that role since May 2021. The Board determined and continues to believe that separating the roles of Board chairman and CEO is the most effective way to govern the Company. The separation allows our Chairman to focus on Board administration, to facilitate communication among Trustees and to serve as a liaison to our CEO while allowing our chief executive to focus on the day-to-daymanagement and implementation of long-term strategy of the Company.

| Ø | BOARD AND COMMITTEE MEETINGS |

| The Board met six (6) times in 2024 and each trustee attended all of the meetings of the Board and the committees on which that trustee serves. Our practice is for all trustees to attend all meetings of each of the Board’s standing committees to ensure that each Trustee is fully informed on all issues facing the Company and has the opportunity to participate in discussions surrounding those issues. Only trustees who are members of the specific committee are entitled to vote on matters presented to that committee. At each quarterly meeting, the Trustees met in executive session with all Trustees and then with just non-management Trustees, all of whom are independent. All Trustees are also expected to attend our annual shareholder meeting and all Trustees attended the 2024 annual shareholder meeting. |     | 100% Attendance at the annual shareholder meeting     100% Attendance by Trustees of total Board meetings and meetings of Committees on which they serve |

| Ø | BOARD COMMITTEES |

The Board has three standing committees – the Audit Committee, the Compensation and Human Capital Management Committee (“Compensation Committee”) and the Nominating and Corporate Governance