Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 29

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 29
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 |   525,000 |    |              | 2,860 |
| John F. Coleman         |     |                              |  70 |               |     |   360,500 |    |     |                                |  70 |               |     |   360,500 |    |              | 1,964 |
| R. Reid Dunbar          |     |                              |  70 |               |     |   343,000 |    |     |                                |  70 |               |     |   343,000 |    |              | 1,869 |
| Ryan M. Collins         |     |                              |  70 |               |     |   295,400 |    |     |                                |  70 |               |     |   295,400 |    |              | 1,609 |

(1) Shares valued at a closing stock price at the beginning of the performance period, which was $183.54 at December 29, 2023.

#### 2025Proxy Statement49
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation

#### 2024 AIP Metrics
2024 AIP Corporate and Individual Performance Goals

The performance metrics and their relative weightings for the 2024 annual cash and equity incentive awards are described below, along with why we believe these were appropriate metrics to use in measuring short-term performance.

| FFO PER SHARE                                                                                                     |     | INCREASE IN                                                                                                                                                              
 SAME PNOI                                                                                                                                                                |     | DEBT-TO-EBITDAre                                                                                   
 RATIO                                                                                              |     | FIXED CHARGE                                                                                                                                                                                       
 COVERAGE RATIO                                                                                                                                                                                     |     | INDIVIDUAL                                                                                                                                               
 OBJECTIVES                                                                                                                                               |
| For CEO/CFO:                                                                                                      |     |                                                                                                                                                                          |     |                                                                                                    |     |                                                                                                                                                                                                    |     |                                                                                                                                                          |
| For Other NEOs:                                                                                                   |     |                                                                                                                                                                          |     |                                                                                                    |     |                                                                                                                                                                                                    |     |                                                                                                                                                          |
| Rationale                                                                                                         |     | Rationale                                                                                                                                                                |     | Rationale                                                                                          |     | Rationale                                                                                                                                                                                          |     | Rationale                                                                                                                                                |
| •FFO is a commonly used REIT financial metric defined by Nareit                                                   
 •Allows shareholders to compare operating performance among REITs over time on a consistent basis                 
 •May significantly impact the trading price of a REIT’s common stock and, therefore, may significantly impact TSR