First Industrial Realty Trust — Feb 4, 2026 release

• In conjunction with these refinancings, the Company also amended its $200 million unsecured term loan to, among other things, eliminate the 10 basis point SOFR adjustment. Common Stock Dividend Increase Our board of directors declared a common dividend of $0.50 per share/unit for the quarter ending March 31, 2026 payable on April 20, 2026 to stockholders of record on March 31, 2026. The new dividend rate represents a 12.4% increase from the prior rate of $0.445 per share/unit. Outlook for 2026 “Leasing traffic at our key availabilities remains good and the overall fundamental picture continues to improve, with completions and new starts measured. Our portfolio continues to perform well, reflected in our progress on 2026 expirations and 35% growth on cash rental rates for new and renewal lease signings thus far,” said Mr. Baccile. “Within our operating portfolio and development investments, we have built-in opportunity to drive incremental cash flow and value for shareholders.” Low End of High End of Guidance for 2026 Guidance for 2026 (Per share/unit) (Per share/unit) Net Income Available to Common Stockholders and Unitholders $ 1.58  $ 1.68  Add: Depreciation and Other Amortization of Real Estate 1.51  1.51  NAREIT Funds From Operations $ 3.09  $ 3.19  The following assumptions were used for guidance: • Average quarter-end in service occupancy of 94.0% to 95.0%. • SS NOI growth on a cash basis before termination fees of 5.0% to 6.0%. This range assume