SITE Centers (SITC) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on May 14, 2025, with shareholders of record as of March 17, 2025, eligible to vote on key proposals.

• Major 2024 events included the spin-off of Curbline Properties, significant asset sales, and a major restructuring of the company’s capital structure.

• The company’s total shareholder return from October 2023 to October 2024 was 45.8%, outperforming its peer index.

• Proxy materials are available online, and shareholders can vote by internet, phone, mail, or during the virtual meeting.

Voting matters and shareholder proposals

• Shareholders will vote on the election of five directors, an advisory say-on-pay vote, and ratification of the external auditor.

• Board recommends voting for all director nominees, for executive compensation, and for auditor ratification.

• Shareholder proposals for the 2026 meeting must be submitted by December 3, 2025.

Board of directors and corporate governance

• The board consists of five directors, with three independent members and a focus on diversity and relevant expertise.

• Significant board transition occurred in 2024 due to the Curbline Properties spin-off, with new independent directors added.

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

• Proxy access allows shareholders (3% ownership for 3 years) to nominate directors.

• Majority voting standard applies in uncontested director elections.