Table search / Proxies / First Real Estate Investment Trust of New Jersey, Inc.

The table below sets forth comparative information regarding (A) the total compensation of the Chief Executive Officer for the fiscal year ended October 31, 2023, (B) the median of the total compensation of all other employees of FREIT, not including the Chief Executive Officer, for the fiscal year ended October 31, 2023, and (C) the ratio of the Chief Executive Officer’s total compensation to the median of the total compensation of all other employees (other than the Chief Executive Officer). As of October 31, 2023, excluding the Chief Executive Officer, FREIT had twenty-six employees (including the employees of the Pierre Tenancy in Common), two (2) part-time and seasonal employees, and three (3) executive officers.

The following table sets forth information concerning the compensation of all of the named executive officers of FREIT (the “Executive Officers”) as of October 31, 2023, 2022, and 2021 for services in all capacities to FREIT for the 2023, 2022, and 2021 fiscal years, respectively. With respect to all compensation, the term “paid” will mean actually paid or deferred.

EQUITY COMPENSATION PLAN TABLE

The following table sets forth information concerning the conversion of deferred fees and accrued deferred interest into Share Units under the Deferred Fee Plan during the fiscal year ended October 31, 2023 for each director who participated in the Deferred Fee Plan during the fiscal year ended October 31, 2023, except that the information concerning the participation of Robert S. Hekemian, Jr. and John A. Aiello, Esq., in the Deferred Fee Plan in their capacities as directors is set forth under “Executive Compensation” above.

The following table sets forth information concerning the conversion into Share Units of deferred fees, accrued deferred interest and dividends payable with respect to credited Share Units under the Deferred Fee Plan during the fiscal year ended October 31, 2023, and the aggregate number of credited Share Units, for each executive officer individually.