Company: LXP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001539497-25-001131
Chunk: 62

Company: LXP Industrial Trust
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 62
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 Brunner which are subject to performance or time-based vesting requirements. |

| (5) | Includes (i) 243,782 common shares held by Ms. Boulerice which are subject to performance or time-based 
 vesting requirements, and (ii) 263,501 common shares held indirectly by Ms. Boulerice.                  |

| (6) | Includes (i) 80,245 common shares held directly by Mr. Bonventre, (ii) 269,155 common shares held indirectly                            
 by Mr. Bonventre, and (iii) 606,948 common shares held directly by Mr. Bonventre which are subject to performance or time-based vesting 
 requirements.                                                                                                                           |

| (7) | Includes (i) 302,209 common shares held directly by Mr. Mullinix, and (ii) 505,186 common shares held 
 directly by Mr. Mullinix which are subject to performance or time-based vesting requirements.         |

| (8) | All common shares held in a trust in which Mr. Gray is a trustee and/or beneficiary. |

| (9) | All common shares held in a trust in which Ms. Noe is a trustee and/or beneficiary. |

| (10) | Includes James Dudley, our Executive Vice President and Director of Asset Management, Nabil Andrawis,                                  
 our Executive Vice President and Director of Taxation, and Mark Cherone, our Executive Vice President and Chief Accounting Officer, in 
 addition to the listed trustees and named executive officers.                                                                          |

| 65 |

<div align='center'>OTHER MATTERS</div>

The Board
of Trustees is not aware of any business to come before the Annual Meeting other than (1) the election of trustees, (2) the advisory,
non-binding resolution to approve executive compensation, (3) the proposal to approve an amendment to the LXP Industrial Trust 2022 Equity-Based
Award Plan, and (4) the proposal to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting
firm for the fiscal year ending December 31, 2025. However, if any other matters should properly come before the Annual Meeting or any
postponement or adjournment thereof, including matters relating to the conduct of the Annual Meeting, it is intended that proxies in the
accompanying form or as authorized via the Internet or telephone will be voted in respect thereof in accordance with the discretion of
the person