Paramount Group (PGRE) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 15, 2025, with voting on director elections, executive compensation, and auditor ratification.

• Eight director nominees, including one new nominee, are up for election for one-year terms.

• Advisory vote on executive compensation and ratification of Deloitte & Touche LLP as independent auditor.

• Proxy materials and annual report are available online, with multiple voting methods offered.

Voting matters and shareholder proposals

• Proposals include election of eight directors, advisory say-on-pay vote, and auditor ratification.

• Board recommends voting FOR all proposals.

• Proxy access allows stockholders (or groups up to 20) with 3%+ ownership for 3 years to nominate directors.

• Shareholder proposals for 2026 must be submitted by December 4, 2025.

Board of directors and corporate governance

• Board to be reduced to eight members, with seven independent directors.

• Lead Independent Director role established for oversight.

• Board committees: Audit, Compensation, Nominating and Corporate Governance, and Investment and Finance.

• Annual board and committee self-evaluations and director on-boarding/education programs in place.

• Proxy access, majority voting, and annual elections for directors.