Title of each class of securities to which transaction applies:

Aggregate number of securities to which transaction applies:

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

Proposed maximum aggregate value of transaction:

Amount Previously Paid:

Form, Schedule or Registration Statement No.:

Filing Party:

Date Filed:

COMPANY NUMBER

ACCOUNT NUMBER

• Annual Report/Form 10-K/Notice & Proxy Statement

• Directions to the Annual Shareholder Meeting

WEBSITE: https://us.astfinancial.com/OnlineProxyVoting/ProxyVoting/RequestMaterials

TO VOTE:

ONLINE: To access your online proxy card, please visit www.voteproxy.com and follow the on-screen instructions or scan the QR code with your smartphone. You may enter your voting instructions at www.voteproxy.com up until 11:59 PM Eastern Time the day before the cut-off or meeting date.

IN PERSON: You may vote your shares in person by attending the Annual Meeting.

TELEPHONE: To vote by telephone, please visit www.voteproxy.com to view the materials and to obtain the toll free number to call.

MAIL: You may request a card by following the instructions above.

1.  To elect the following Trustees as set forth in the accompanying Proxy Statement:

    Jon E. Bortz

    David W. Faeder

    Elizabeth I. Holland

    Mark S. Ordan

    Gail P. Steinel

    Joseph S. Vassalluzzo

    Donald C. Wood

2.  To hold an advisory vote approving the compensation of our named executive officers.

3.  To approve our 2020 Performance Incentive Plan.

4.  To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2020.

5.  To consider and act upon any other matters properly coming before the meeting or any postponement or adjournment thereof.

FEDERAL REALTY INVESTMENT TRUST

Meeting Information

Meeting Type: Annual Meeting

For holders as of: March 16, 2020

Date: May 06, 2020    Time: 9:00 AM EDT

Location:   Executive Boardroom at Federal Realty Investment Trust

1626 East Jefferson Street

Rockville, MD

You are receiving this communication because you hold shares in the above named company.

This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online at www.proxyvote.com or easily request a paper copy (see reverse side).

We encourage you to access and review all of the important information contained in the proxy materials before voting.

Return Address Line 1

Return Address Line 2

Return Address Line 3

51 MERCEDES WAY

EDGEWOOD NY 11717

Investor Address Line 1

Investor Address Line 2

Investor Address Line 3

Investor Address Line 4

Investor Address Line 5

John Sample

1234 ANYWHERE STREET

ANY CITY, ON A1A 1A1

Broadridge Internal Use Only

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  1. Annual Report/Form 10-K/Notice & Proxy Statement        2. Directions to Annual Meeting of Shareholders

  How to View Online:

Have the information that is printed in the box marked by the arrow (located on the following page) and visit: www.proxyvote.com.

  How to Request and Receive a PAPER or E-MAIL Copy:

If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request:

                                 1) BY INTERNET:         www.proxyvote.com

                                 2) BY TELEPHONE:     1-800-579-1639

                                 3) BY E-MAIL*:             sendmaterial@proxyvote.com

  *    If requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box marked by the arrow (located on the following page) in the subject line.

  Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor.

  Please make the request as instructed above on or before April 22, 2020 to facilitate timely delivery.

Vote In Person: If you choose to vote these shares in person at the meeting, you must request a “legal proxy.” To do so, please follow the instructions at www.proxyvote.com or request a paper copy of the materials, which will contain the appropriate instructions. Many shareholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance.

Vote By Internet: To vote now by Internet, go to www.proxyvote.com. Have the information that is printed in the box marked by the arrow available and follow the instructions.

Vote By Mail: You can vote by mail by requesting a paper copy of the materials, which will include a voting instruction form.

The Board of Trustees recommends

you vote FOR the following

proposal(s):

1G  Donald C. Wood

The Board of Trustees recommends you vote FOR the following proposal(s):

2   To hold an advisory vote approving the compensation of our named executive officers.

3   To approve our 2020 Performance Incentive Plan.

4   To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2020.

Broadridge Internal Use Only

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