Board Justification

We have designed our executive compensation program to achieve the following objectives: 1. TRANSPARENT AND COMPETITIVE COMPENSATION PROGRAM 2. PROPER INCENTIVES TO ACHIEVE PERFORMANCE OBJECTIVES AND MAXIMIZE LONG-TERM SHAREHOLDER VALUE 3. APPROPRIATE BALANCE BETWEEN RISK AND REWARD 4. ATTRACT AND RETAIN TALENTED EXECUTIVES

Board Justification

Ms. Hale’s annual incentive cash award was based 85% on corporate performance and 15% on individual performance. The Compensation Committee established threshold, target, maximum and outperform annual incentive cash award levels as a percentage of base salary for our NEOs as set forth below. For 2024, following analysis and discussion with the Compensation Consultant of prevailing market practices, we adopted consistent payout ranges as a percentage of target for all executives.

Board Justification

Includes Health and Dental Care Premiums, Long-Term, Short-Term Disability and Life Insurance Benefits, Parking Benefits and 401(k) Plan Match

Board Justification

Represents the value of vested shares calculated by multiplying the number of vested shares by the prior day’s closing price of our common shares on the NYSE on the vesting date or, if the vesting date occurred on a day on which the NYSE was closed for trading for restricted shares granted under the 2015 Equity Incentive Plan in 2020 that vested in 2024, the next trading day and for restricted shares granted in 2021 under the 2021 Plan, the immediately preceding trading day.