Company: LXP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001539497-25-001131
Chunk: 57

Company: LXP Industrial Trust
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 57
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 to be the most effective in attracting, motivating and retaining key employees.

Plan Benefits

The Committee
will grant Awards under the 2022 Amended Plan at its discretion. Consequently, it is not possible to determine at this time the amount
or dollar value of Awards to be provided under the 2022 Amended Plan under future grants.

| 61 |

<div align='center'>AUDIT AND AUDIT-RELATED MATTERS The following table presents audit fees and audit related fees and tax fees billed to us by Deloitte.</div>

|                                    |   |      2024 |   |      2023 |
|:-----------------------------------|:--|----------:|:--|----------:|
| Audit fees(1)                      | $ | 1,439,500 | $ | 1,422,000 |
| Audit-related fees(2)              | — |           |   |         — |
| Total audit and audit related fees |   | 1,439,500 |   | 1,422,000 |
| Tax fees(3)                        |   |   324,000 |   |   354,630 |
| All other fees                     |   |         — |   |         — |
| Total fees                         | $ | 1,763,500 | $ | 1,766,630 |

| (1) | Audit fees are fees for services rendered for the audit and review of our financial statements. |

| (2) | Audit-related fees refers to fees for services that are reasonably related to the performance of the audit 
 or review of our financial statements.                                                                     |

| (3) | Tax fees consisted of fees for tax compliance and preparation services. |

<div align='center'>The Audit and Cyber Risk Committee has determined that the non-audit services provided by the independent registered public accounting firm are compatible with maintaining the accounting firm’s independence. All of the services set forth above in the categories “Audit-related fees,” “Tax fees” and “All other fees” were pre-approved by the Audit and Cyber Risk Committee, as set forth below. The Audit and Cyber Risk Committee of the Board of Trustees must pre-approve the audit and non-audit services performed by our independent registered public accounting firm and has adopted appropriate policies in this regard. With regard to fees, annually, the independent registered public accounting firm provides the Audit and Cyber Risk Committee with an engagement letter outlining the scope of the audit services proposed to be performed during the fiscal year. Upon the Audit and