Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 8

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 8
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independent” director, in addition to satisfying certain bright-line criteria, the Board must affirmatively determine that a director has no material relationship with the Company (either directly or as a partner, shareholder or officer of an organization that has a relationship with the Company) that would interfere with such person’s ability to exercise independent judgment as a member of the Company’s Board. Our Board currently has seven members: D. Pike Aloian, H. Eric Bolton, Jr., Donald F. Colleran, David M. Fields, Marshall A. Loeb, Mary E. McCormick and Katherine M. Sandstrom. The Board has determined that each director who served during the fiscal year ended December 31, 2024, was and continues to be independent other than Mr. Loeb, the Company’s Chief Executive Officer.

#### Board Size
Our Bylaws provide that the number of directors will be initially as provided in our Articles of Amendment and Restatement, and subsequently as determined by the Board. The size of our Board is currently set at seven directors.

#### 2025Proxy Statement25

#### Proposal 1: Election of Directors

#### Committees of the Board
The Board has a standing Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee and Investment Committee; current membership of these committees is outlined in the table below. Each member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee is “independent” as that term is defined in the NYSE listing standards, and the Board has adopted written charters for each of these committees, which are reviewed annually by the respective committee and are available on our website at http://investor.eastgroup.net/governance-documents . Materials located on our website and referenced herein are not deemed to be part of this proxy statement and are not incorporated by reference.

| Audit Committee        |     |                                                                                                                                                                                                                                                                                                                                                                                                    |
| MEMBERS                
 Mary E. McCormick      
 (Chairperson)          
 D. Pike Aloian         
 Katherine M. Sandstrom 
 Meetings in 2024: 7    |     | PRINCIPAL RESPONSIBILITIES                                                                                                                                                                                                                                                                                                                                                                         
 •Oversee the financial reporting of the Company, including the audit by the Company’s independent registered public accounting firm and the internal audit department.                                                                                                                                                                                                                             
 •Review and provide oversight of the Company’s cybersecurity and other information technology risks.                                                                                                                                                                                                                                                                                               
 •Monitor financial risks relevant to the Company, potential related party arrangements and a variety of other accounting and financial matters.                                                                                                                                                                                                                                                    
 M