Company: FRT-PC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066328
Chunk: 16

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 16
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                  |     | Grant options below fair market value or reprice options                            |
|            |     | Seek annual shareholder advisory approval of executive compensation                                                                |     |                  |     | Permit hedging or pledging of our shares                                            |
|            |     | Maintain strong share ownership guidelines of 7x base salary for our CEO and 2.5x base salary plus annual bonus for our other NEOs |     |                  |     | Provide perquisites that are not made available to all of our employees             |
|            |     | Maintain incentive compensation clawback policy                                                                                    |     |                  |     |                                                                                     |
|            |     | Conduct annual compensation risk assessment                                                                                        |     |                  |     |                                                                                     |

| ➣ | COMPONENTS OF COMPENSATION |

The following table sets out the three components of our compensation plan as well as key information about each component.

|            |                                                         | Pay Component                                   |        | Time    |                                      | Metric                                                                                              |                                                                                                                                   | Purpose                                                                                                                               |                                                            | Impact                                                          |            |       |
| Annual /   
 Short-Term |                                                         | Base Pay See p. 23 for more information         |        | 1 year  |                                      | Individual performance                                                                              |                                                                                                                                   | To provide fair and competitive compensation for individual performance and level of responsibility of position held                  |                                                            | Attract and retain talent                                       |            | Fixed |
|            | Annual Performance Bonus See p. 23 for more information |                                                 | 1 year |         | FFO per Share Individual performance |                                                                                                     | To provide performance based annual cash awards to motivate and reward employees for achieving our short-term business objectives |                                                                                                                                       | Drive near-term corporate and individual performance goals |                                                                 | Variable / 
 At risk    |       |
| Long-Term  |                                                         | Equity Incentive See p. 24 for more information |        | 3 years |                                      | Relative total shareholder return (34%) FFO multiple premium (33%) Return on invested capital (33%) |                                                                                                                                   | To provide performance-based equity compensation in the form of restricted shares to drive medium and longer-term business objectives |                                                            | Drive medium and long- term performance goals and retain talent |            |       |

C OMPENSATIONS ETTINGP ROCESS

| ➣ | ANNUAL COMPENSATION DECISION MAKING |

Our Compensation Committee develops and executes our executive compensation program on behalf of the Board, including creating compensation programs and policies, setting target compensation levels for our NEOs