Company: FRT-PC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066328
Chunk: 30

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 30
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 Balance at Last 
 Fiscal Year-End |
|:------------------|:----|:--|--------------------:|:----|:--|:----------------------|:----|:--|-----------------:|:----|:--|:---------------------------|:----|:--|----------------:|
| Donald C. Wood    |     | $ |             250,000 |     | $ | -                     |     | $ |        1,629,420 |     | $ | -                          |     | $ |      12,826,650 |
| Dawn M. Becker    |     | $ |              57,500 |     | $ | -                     |     | $ |          266,275 |     | $ | -                          |     | $ |       2,773,531 |
| Jeffrey S. Berkes |     | $ |             190,430 |     | $ | -                     |     | $ |          117,149 |     | $ | -                          |     | $ |         926,563 |

| (1) | All amounts in this column are included in either the “Salary” or “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table for 2024. |

| Federal Realty  2025 Proxy Statement 33 |

➣ POTENTIAL PAYMENTS ON TERMINATION OF EMPLOYMENT AND CHANGE-IN-CONTROL Termination Payments to Jeffrey S. Berkes Mr. Berkes’ position with the Company as Chief Operating Officer was eliminated and as a result, Mr. Berkes’ employment with the Company was terminated without cause effective as of December 31, 2024. Payments to Mr. Berkes were made in accordance with his Severance Agreement and applicable law and included the following:

| • |     | One year of current base pay equal to $650,000 |

| • |     | Highest annual bonus paid over prior three years equal to $1,015,625 |

| • |     | Accelerated vesting of 28,291 restricted Shares of the Company |

| • |     | One year of COBRA continuation coverage costs equal to $50,560 |

Mr. Berkes also had a performance share agreement where the performance period ended December 31, 2024. Final calculation of the shares earned under that agreement was calculated in January 2025 in accordance with terms of the agreement which resulted in Mr. Berkes being awarded in 7,