Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 7

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 7
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 approved by the Board:

• directors who serve as executive officers of a public company may not serve on more than one public company board in addition to the Company’s Board; and

• directors who are not executive officers of a public company may not serve on more than three public company boards in addition to the Company’s Board.

A director who is not an executive officer of a public company may serve on three public company boards in addition to the Board even if the director serves as the chairperson of the Board or one of the other public company boards, provided that the Board determines that such service as a chairperson will not impair the director’s ability to effectively serve on the Board.

#### 2025Proxy Statement23

#### Proposal 1: Election of Directors
Directors must provide notice to, and receive approval from, the Chair of the Nominating and Corporate Governance Committee before accepting an invitation to serve on the board of directors or trustees of any other for-profit company.

In addition, no member of the Audit Committee may simultaneously serve on the audit committee of more than two other public companies, unless the Board determines that such simultaneous services would not impair the ability of the member to effectively serve on the Audit Committee.

All of the Board’s nominees for election as directors at the Meeting are in compliance with this policy.

#### Refreshment and Succession Planning
| As a result of our commitment to thoughtful Board refreshment and increased Board diversity, we have added three new directors since 2017 and enhanced the composition of our Board in recent years. Since 2020, we have: |     |                       |     |                                      |     |                                         |     |                                                                                                                |
| Doubled                                                                                                                                                                                                                   |     | Two                   |     | By five years(1)                     |     | By 10 years(1)                          |     | Enhanced                                                                                                       |
| the number of women on our Board (from one to two)                                                                                                                                                                        |     | new diverse directors |     | Reduced average director nominee age |     | Reduced average director nominee tenure |     | the Board Skills related to Corporate Responsibility, Capital Markets and Regulatory, Legal or Risk Management |
| We continue to seek Board refreshment and to enhance the diversity of perspectives on our Board.                                                                                                                          |     |                       |     |                                      |     |                                         |     |                                                                                                                |

(1) Director nominees excluding our CEO, Marshall A. Loeb

#### 24EastGroup Properties

#### Proposal 1: Election of Directors

#### Corporate Governance

#### Leadership Structure