Commenting on the Company’s activity, Marshall Loeb, CEO, stated, “We are pleased with the strength of our portfolio outperforming our expectations thus far into the year. Development leasing is continuing at what feels like a more normalized pace. We look forward to meeting with many of you at the Nareit investor conference. For those we miss, we are available for your questions.”

Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “I’m pleased with how we began the year in terms of FFO per share exceeding our expectations, as well as the development leases we signed. With limited supply and anticipated growing demand, we are excited about our pathway. Looking beyond this environment, I remain bullish on the continuing external trends benefitting our shallow bay, last mile, high-growth market portfolio.”

Commenting on the Company’s activity, Marshall Loeb, CEO, stated, “We are pleased to see the occupancy and leasing trends we experienced late last year continuing thus far into 2026. Occupancy is trending in line to slightly ahead of our forecast. We look forward to speaking with many of you next week at the Citi conference and for those we’ll miss, we’re available for any questions.”

Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “I’m pleased with how we ended the year in terms of FFO per share exceeding our expectations, as well as the development leases we signed. Looking ahead, I’m excited with our recent wave of promotions. Creating the roles of President and Chief Operating Officer position us to capitalize on growth opportunities we believe the market will present. With limited supply and anticipated growing demand, we are excited about our pathway. Looking beyond this environment, I remain bullish on the continuing external trends benefitting our shallow bay, last mile, high-growth market portfolio.”

Reid Dunbar, President, added, “I’m excited for the opportunity to support Marshall and collaborate with our executive team as we continue to expand EastGroup’s platform. With an exceptional team, a strong balance sheet, best-in-class portfolio and strategic land holdings, we are well positioned to capitalize on future growth opportunities across our markets.”

Effective January 1, 2026:
• Reid Dunbar, Head of EastGroup’s Central Region, will become President of the Company,
• Staci Tyler, Chief Administrative Officer and Chief Accounting Officer, will become Chief Financial Officer,
• Brent Wood, Chief Financial Officer, will assume the newly created position of Chief Operating Officer, and
• Michelle Rayner, Controller, will assume the role of Chief Accounting Officer.

“On behalf of the Board, I am delighted to announce these important changes to our management team,” said Marshall Loeb, Chief Executive Officer. “With a combined EastGroup tenure of nearly 70 years, Reid, Staci, Brent and Michelle represent the exceptional talent we have at EastGroup, and their promotions reflect our confidence in their ability to grow and drive shareholder value. We’ve experienced meaningful growth and believe we are well positioned to continue executing our strategy and capitalizing on the strength of our portfolio.”