Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 24

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 24
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’s peers, and assess the competitiveness and appropriateness of compensation levels for our executive officers;

• recommend to the Compensation Committee any modifications or additions to the Company’s existing compensation programs that it deemed advisable; and

• make specific recommendations to the Compensation Committee for base salary, annual cash incentive and equity-based awards for our executive officers.

| Role of Management |     | While Mr. Loeb, our CEO, did participate in general meetings of the Compensation Committee in 2024, he did not participate in all executive sessions nor did he participate in any discussions determining his own compensation. Annually, upon request from the Compensation Committee, our CEO provides the Compensation Committee with data pertinent to his and the other executive officers’ performance, particularly in regards to the individual objectives of each executive. |

#### 2025Proxy Statement43
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation

In order to ensure that our executive compensation program aligns the interests of our executives with the long-term interests of our shareholders, our Compensation Committee leads a rigorous and continuous process throughout the year.

|                                                                                                            |     | ESTABLISH       
 January – April |     |                                                                                                             |     | EVALUATE                                                                  
 May – December                                                            |     |                                                                                                                                                                |     | APPROVE                                 
 January – February of thefollowing year |
| •Discuss general goals and objectives of compensation adjustments, with input from compensation consultant 
 •Approve compensation-related goals using Board-approved annual budget                                     
 •Engage with management and approve specific goals for Company and individual performance                  
 •Set compensation program, including base salary, AIP and LTIP                                             |     |                 |     | •Review interim performance relative to goals throughout the year                                           
 •Updates provided in August and December                                                                    
 •Engage with compensation consultant on peer company benchmarking and approve peer group for following year |     |                                                                           |     | •Determine final performance relative to goals                                                                                                                 
 •Approve final incentive compensation payouts/award amounts based on achievement of financial metrics and the Committee’s assessment of individual performance |     |                                         |
| ANNUAL REVIEW                                                                                              |     |                 |     |                                                                                                             |     |                                                                           |     |                                                                                                                                                                |     |                                         |
| •Evaluate Company’s compensation programs and assess for risk                                              
 •Evaluate independence of outside advisors, including compensation consultant and legal counsel            
 •Assess compliance with stock ownership requirements                                                       
 •Review compensation-related disclosures in proxy prior to filing                                          |     |                 |     |                                                                                                             |     | •