Four Corners Property Trust (FCPT) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on June 5, 2025, to elect seven directors, ratify KPMG LLP as auditor, and hold an advisory vote on executive compensation.

• Shareholders of record as of April 4, 2025, are entitled to vote; each share has one vote, and cumulative voting is not permitted.

• The company emphasizes transparency, cost efficiency, and environmental impact by providing proxy materials online.

Voting matters and shareholder proposals

• Proposals include electing seven directors, ratifying KPMG LLP as auditor for 2025, and an advisory say-on-pay vote for executive compensation.

• The board recommends voting FOR all proposals.

• Shareholders may submit proposals for the 2026 meeting by December 18, 2025, and director nominations by March 7, 2026.

Board of directors and corporate governance

• The board will be reduced to seven members after the meeting, with Douglas Hansen as Chairperson Elect.

• Six of seven nominees are independent; the board is 50% female and 25% from underrepresented groups.

• Board committees (Audit and Risk, Compensation, Nominating and Governance, Investment) are composed entirely of independent directors.

• Directors are subject to annual election, and the company has opted out of certain Maryland anti-takeover statutes.

• Stock ownership policies require significant equity holdings by directors and executives.