Urban Edge Properties (UE) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 7, 2025, to be held virtually, with shareholders able to vote and submit questions online.

• Shareholders will vote on the election of eight trustees, ratification of Deloitte & Touche LLP as auditor, and a non-binding advisory vote on executive compensation.

• Proxy materials are provided electronically to reduce costs and environmental impact, with options for paper copies upon request.

• Record date for voting is March 10, 2025, with 125,748,200 common shares outstanding.

Voting matters and shareholder proposals

• Proposal 1: Election of eight trustees to serve until the 2026 annual meeting.

• Proposal 2: Ratification of Deloitte & Touche LLP as independent auditor for 2025.

• Proposal 3: Non-binding advisory vote on executive compensation (say-on-pay).

• Board recommends voting “FOR” all proposals.

• Shareholder proposals for the 2026 meeting must be received by November 28, 2025.

Board of directors and corporate governance

• Board consists of eight trustees, seven of whom are independent; Jeffrey S. Olson is Chairman and CEO.

• Lead Trustee (Norman K. Jenkins) provides independent oversight and is elected annually.

• All board committees (Audit, Compensation, Corporate Governance and Nominating) are composed of independent trustees.

• Board refreshment efforts have added four new trustees in recent years.

• Trustees and executives are subject to share ownership guidelines and a clawback policy.

• Proxy access allows eligible shareholders to nominate trustees in proxy materials.

• No poison pill; shareholders have the right to amend bylaws.