SITE Centers (SITC) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on May 13, 2026, with shareholders of record as of March 16, 2026, eligible to vote on five key proposals.

• The company is executing a disposition strategy, having sold 14 properties in 2025 for $752.5 million, repaid $306.8 million in debt, and returned $355.7 million to shareholders; it plans to sell remaining assets and dissolve after wind-down.

• Following the 2024 spin-off of Curbline Properties, the board was reconstituted to five members, emphasizing independence, diversity, and relevant real estate expertise.

Voting matters and shareholder proposals

• Shareholders will vote on: election of five directors, increasing director terms to three years, replacing the majority voting power quorum requirement, advisory approval of executive compensation, and ratification of PricewaterhouseCoopers LLP as auditor.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be received by December 1, 2026, but future proxy statements may not be distributed if director terms are extended.

Board of directors and corporate governance

• The board consists of five directors, three of whom are independent; two are women and one is from an underrepresented community.

• Board leadership is separated, with an independent Chair distinct from the CEO.

• Proxy access is available for shareholders with 3% ownership for three years.

• Majority voting standard applies in uncontested director elections.

• Annual board and committee self-assessments are conducted.