EastGroup Properties

COVID-19 UPDATE

EastGroup Properties Announces a Virtual Format for its 2020 Annual Meeting of Shareholders

May 6th, 2020

JACKSON, MISSISSIPPI, May 6, 2020 — EastGroup Properties (NYSE:EGP) (the “Company” or “EastGroup”) hereby gives notice that due to the emerging public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of the Company’s shareholders and employees, the Company will change the format of its 2020 Annual Meeting of Shareholders (the “Annual Meeting”) to be a virtual meeting format only. As previously announced, the Annual Meeting will take place at 9:00 a.m., Central Daylight Time on May 21, 2020.

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